I do hope you're able to make lots of connections with investors and real estate professionals, as well as learn a great deal about different markets and structures to protect your business assets.If you're unfamiliar with trusts and LLCs, I may recommend learning a little more about them to be used with your investing and ownership of different real estate properties for asset protection and anonymity.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

As you begin building and growing your real estate portfolio, one of the smartest moves you can make is putting a solid asset protection strategy in place from the start.While real estate offers significant opportunities, it also comes with risks, ranging from lawsuits and liability claims to unexpected creditor issues.

No matter what type of investing you pursue, a key part of your financial education should include building a strong tax and asset protection strategy.

An LLC has to be run and managed properly to avoid being "pierced" An LLC is not perfect protection and it is not a replacement for good insurance.

As you begin diving into the world of real estate investing and start laying the groundwork for your strategy, one of the most important steps you can take early on is to prioritize both tax planning and asset protection.

Tenants will be calling complaining about the couch having a tear in the upholstery or one of the legs on  chair is loose.

I think it is prudent to save up that money with the $20K and let it grow if you can to save for any potential 6 months of expenses.One thing I may recommend is to consider a Holding LLC for asset protection and anonymity to sequester your savings into.

People think that is ok to do whcih you can do, but it does not mean it gives you any protection. people think "owe i own a property in a LLC I am protected" -- wellit depends how the property got into the LLC. 

It's crucial to have a legal agreement in place to ensure everything is clear and protects both parties.

You want to vet them & screen them in order to protect your money & ensure you get it back.5.