Real Estate Nerds

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

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KEY TAKEAWAYS

Seth Bradley, Esq., managing partner at Law Capital Partners met with our group to discuss PPM formation. A PPM or Private Placement Memorandum is a legal document and serves to disclose all the details of a deal for a potential investor.

Discover the intricacies of each part of a PPM including:

• Summary of Offering
• Offering
• Use of Funds
• Company
• Management
• Business Plan
• Fees
• Distributions
• Risk Factors
• Investor Suitability and Qualifications
• Instructions to Invest
• Subscription Agreement
• Operating Agreement

BONUS: Slide Deck (PDF)

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

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FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

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KEY TAKEAWAYS

Learn about Opportunity Zone investing by a team who is currently engaged in one. John Berlet, a fund manager and retirement planner, along with Stormy Johnson, and Patrick Sughroue of Coastal Bend OZ Fund shared the finer points of the Qualified Opportunity Zone Program. They break down the tax strategy, share their pro forma, and more.

Familiarize yourself with what's possible through the QOZ Program:

• An investor incentive
• Incentives are based on the reinvestment of capital gains
• Geared toward new or improved projects and businesses and must be long-term holdings
• Incentives are market-based
• OZ incentives are intended to be layered or integrated with other federal, state, local, and community incentives or programs.

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

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FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

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KEY TAKEAWAYS

In this session of Royal Investing group mentoring we were joined by seasoned investor Scott Sutherland. Scott shared about a 'bad beat', otherwise known as a deal gone bad. Wisdom comes from experience, so hearing about deals gone wrong can give you great insight. There are lessons to be learned to save you the pain of making the same mistakes personally.

• Due diligence re: partners and sponsors
• Due diligence re: property classification
• Deal parameters and building in a buffer
• The outcome and upside of a deal gone bad
• The importance of rebounding

FREEBIE: Slide deck (PPT) and redacted agreement (PDF)

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

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FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

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KEY TAKEAWAYS

Listen in to this special "Ask An Advisor" session where RLS staff attorneys give their responses to questions from the community. *Disclaimer: This is not to be considered legal advice. If you find yourself in any of the situations discussed in this presentation, we recommend you consult with your local attorney.

• How do I search for information on a house or property?
• How do I navigate less-than-ideal inspection results?
• What recourse do I have if I've submitted an offer but changed my mind?
• Do other states honor the Texas LLC protections?
• Does my LLC need to be set up in the same state as my rental property?

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

*********************************************************************************

FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

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MEET THE HOSTS

Scott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.

Hicham Hajhamou, Macro Trader and Investor. Mr. Hajhamou has a long history of investing in Capital Markets, Private Placements, Crypto, Real Estate, and Alternative assets. He has helped raise money over the years for various real estate syndications (STR, Multifamily, Storage, Mobile Homes, Hospitality, CRE) getting his investor group the best terms after thorough due diligence. Through Wealth Flow Partners, Hicham motivates people to become their own financial athletes.

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KEY TAKEAWAYS

In this session, Hicham sets the stage with a comparison of a fixed versus a growth mindset as it relates to investing. Topics covered include:

• Grow wealth through investing in alternative, tax-efficient assets
• Leverage funds from a self-directed retirement account
• Understand the importance of having a tax strategy
• Discover if syndications might be right for you
• Identify your 'why' to determine deal structure and narrow down options
• Lean into networking and consider hiring a coach in your niche

FREE Presentation Deck: Alternative Thinking and Investments

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

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FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

*********************************************************************************

MEET THE HOSTS

Scott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.

Amanda Holbrook, Certified Self-Directed IRA Professional. Amanda is a Key Account Representative at the Specialized Trust Company.

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KEY TAKEAWAYS

Are you satisfied with what your retirement account is earning? Cut out the middle-man, become the bank and consider a self-directed account.

• Self-directed accounts enable you to achieve tax-sheltered profits to grow your nest egg faster.
• Learn how you can generate capital for repeatable tax-free investing to yield tax-free profits.
• Family members can join forces using this strategy to create generational wealth and build a lasting legacy.
• Discover what types of retirement accounts qualify and where to go for assistance or additional information.

FREE EBOOK - Grow Your Wealth Tax-Free Learn The Strategies Used By The Top 3%: https://fieldguide.specializedtrustcompany.com/fieldguidebratz

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains all of our video Masterclasses, ebooks, and other educational materials.

*********************************************************************************

FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

*********************************************************************************

MEET THE HOSTS

Scott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.

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KEY TAKEAWAYS

First, what is a custodian? Investopedia describes it as " ... a financial institution that holds customers' securities for safekeeping to prevent them from being stolen or lost. The custodian may hold stocks, bonds, or other assets in electronic or physical form on behalf of its customers."

In this session, Pete breaks down a few key differences between the Self-Directed IRA and the Solo 401k as they relate to custodian duties.

Tax code regulations dictate that if you are using an IRA, the custodian must be a 3rd party bank or trust company. This means that they control when, where, and how assets are invested. Pete explains that this reduced flexibility for investors makes the Solo 401k a beloved alternative.

So what's the difference? With a Solo 401k, you are your own plan administrator. You take on the role of the bank, trustee, or custodian, and the fiduciary responsibilities fall on you. With that, you have the freedom to invest your funds directly without having to work through a 3rd party custodian for a fee.

There are some caveats, though, such as being responsible for monthly, quarterly, and annual reporting. Along with keeping good records that document distributions.

Listen in as Pete and group members discuss how this retirement vehicle can be used to invest in various asset classes, including real estate to grow wealth with less hassle than an IRA.

Want a refresher or to see what you missed? Watch the replay.

REGISTER FOR ROYAL INVESTING and attend for FREE on Zoom, Wednesdays at 11:30 p.m. CST.

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains our top 5 video Masterclasses and ebooks.

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ENGAGE WITH US

Are you ready to take action on Asset Protection, Tax Strategy, or Estate Planning?

Take our Financial Freedom Quiz, where we will gather your general information to have a productive conversation. At the end of the quiz, you will have the opportunity to schedule your consultation. https://hubs.la/Q014rfVz0

For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quiz

For insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance

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DISCORD COMMUNITY

https://discord.gg/KKS7rZG5kM

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WEBSITE: http://royallegalsolutions.com

LINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith

https://www.linkedin.com/in/scott-royal-smith/

FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/

ROYAL LEGAL SOLUTIONS

Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.

*********************************************************************************

MEET THE HOSTS

Scott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.

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KEY TAKEAWAYS

...

Want a refresher or to see what you missed? Watch the replay.

REGISTER FOR ROYAL INVESTING and attend LIVE on Zoom, Wednesdays at 11:30 p.m. CST.

Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains our top 5 video Masterclasses and ebooks.

*********************************************************************************

ENGAGE WITH US

Are you ready to take action on Asset Protection, Tax Strategy, or Estate Planning?

Take our Financial Freedom Quiz, where we will gather your general information to have a productive conversation. At the end of the quiz, you will have the opportunity to schedule your consultation. https://hubs.la/Q014rfVz0

For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quiz

For insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance

*********************************************************************************

DISCORD COMMUNITY

https://discord.gg/KKS7rZG5kM

*********************************************************************************

WEBSITE: http://royallegalsolutions.com

LINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith

https://www.linkedin.com/in/scott-royal-smith/

FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/