Real Estate Nerds

Real Estate Nerds

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Real Estate Nerds episodes

  • Season 2 Episode 32: Note Investing_Due Diligence with Paige Panzarello

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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    KEY TAKEAWAYS

    We were joined this week by Paige Panzarello a.k.a. The Cashflow Chick, who presented her expert insights regarding note investing. Specifically, her niche is first-position nonperforming notes backed by real estate. In this discussion, Paige focused on the due diligence aspect of her business. She explained the steps she personally takes to ensure that an investment she is considering is fiscally sound.

    Good due diligence will maximize your profit and minimize your risks. A few examples of details Paige gets verified include:

    • property valuation
    • structure on property and type
    • square footage, lot size, number of bedrooms and bathrooms
    • if delinquent taxes are due
    • has there been a tax sale
    • if there are any existing liens or judgments
    • and much more ...

    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

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

    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/

    56 min
  • Season 2 Episode 31: 99 Problems and Inflation Isn't One Trends in Food and Energy with Ron Galloway

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    Listen in as special guest, Ron Galloway, shares his trends analysis based on a variety of relevant data points. In this economic climate, it's critical to stay on top of current events and draw conclusions based on patterns you can uncover.

    Some of the recent current events having a significant impact on markets and the economy include:

    • An unusual amount of loss in food manufacturing, production, and livestock
    • Signs of cooperation between Russia and China to pivot away from the petrodollar
    • Pipeline and power plant shutdowns
    • Automobile sales down
    • India moving toward coal
    • Population exodus to states like Florida and Texas

    The bottom line: Energy is Life. The cost to produce energy sets the tone for all aspects of life and business. While some more risky markets are experiencing a shake-up, you can always rely on food and energy is a sure bet.

    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

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

    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/

    59 min
  • Season 2 Episode 30: Streamline Insurance for Maximum Coverage at Minimum Cost with Scott Royal Smith and Aaron Porter

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    To achieve financial freedom, your passive income must meet (or exceed) the total of your expenses including taxes. Of everyone Scott has coached, a person’s expenses are the most underestimated figure. This area of your finances has a significant impact on reaching your financial freedom goals and is something that you can largely control. First, you’ll need the awareness of where your money is going. Then you can take action to lower that number by reducing expenses.

    Insurance is your first line of defense when it comes to asset protection and is an operational expense that can't be avoided. But it likely can be reduced.

    Getting appropriate insurance coverage for real estate investors is a hassle. Most investors struggle to manage multiple carriers and policies. In this session, Scott shows how to streamline the insurance process, how insurance works within your asset protection plan, common issues you probably experience with your insurance, and how Royal Legal Solutions can help.

    Today Scott discussed his thought process regarding insurance and used a diagram to demonstrate the “belt and suspenders” approach.

    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

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

    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/

    53 min
  • Season 2 Episode 29: Pro Tips to Acquire and Manage Real Estate Remotely with Special Guest Chris Weiler

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    This session featured guest host Chris Weiler, who spoke in-depth about his experience investing in real estate opportunities outside of his immediate geographic location. The question, "why not invest locally?" was first raised and addressed. Investing close to home has many advantages; however, you may have specific reasons why this isn't the best option. One example is that you could see better returns in a different neighborhood, county, state, or region.

    Expanding the scope of where to look for deals reduces the impact socio-economics, demographics, and local legislation has on you.

    Some considerations for investing in real estate at a distance that we discussed included:

    • A solid network of trusted professionals is essential
    • Seek out potential partners who have skills you can leverage
    • Offer partners incentives to work with you
    • Structure partnerships based on the value each party brings to the deal
    • Delegate responsibility appropriately
    • Fix-and-flip vs. buy and hold scenarios

    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

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

    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/

    58 min
  • Season 2 Episode 28: Red_ State of the Market with Special Guest Ron Galloway

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    Today’s group mentoring opened with a philosophical take based on the writings of Alex Karp, CEO of Palantir Technologies, presented by Ron Galloway.

    Alex Karp is an American billionaire businessman, who as of May 2022, has an estimated net worth of around $850 million. Once the tone was set, Ron presented his latest market analysis covering the full spectrum from currency to commodities, and more.

    While the current data paints a bleak picture, investors are encouraged to consider the silver lining during times of crisis; that they bring about tremendous opportunity. Discover what sectors are performing best and about a few of the myriad of variables causing an impact on the economy at large.

    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

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

    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/

    28 min
  • Season 2 Episode 27: Get a Grip on Financials to Set Your Investing Baseline with Scott Smith and Megan Templeton

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    A top goal for entrepreneurs and investors alike is often financial freedom, or to take it a step further, TIME FREEDOM. When you have your financial resources in order, you have more time to do the things you love outside of work. Getting to that point takes planning and discipline.

    First, you'll need a clear picture of where you currently stand financially to craft a measurable goal. If you don't know how much investable money you have available, you can't make informed decisions about how to move forward. Scott walks attendees through the Financial Freedom Calculator exercise so they can determine where they currently stand. By spending a little time each quarter on this exercise, you will be able to proceed with confidence on your pathway to financial freedom.

    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

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

    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/

    33 min
  • Season 2 Episode 26: Multi-Family Real Estate Investing Benefits and Nuances with Special Guest Satheesh Ramamoorthy

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    Are you curious about multi-family real estate investing and how it stacks up compared to single-family home investing? Then you've come to the right place. Enjoy this replay of Royal Investing, where special guest Satheesh Ramamoorthy shares his vast experience with this asset class.

    • Multi-family real estate investing is its own beast.
    • Having a solid network of knowledgeable professionals is critical.
    • Due to the size of these deals, they are syndicated with partners.
    • Lenders offer preferential treatment, better rates, and packages for multi-unit properties.
    • The more units, the lower the risk for both the investors and lenders.
    • Regardless of 100 units or 400+ units, the amount of work required is the same.
    • This kind of investing is best suited for those able to buy and hold; and those who are able to prolong profits for a larger payout.

    Satheesh Ramamoorthy is a seasoned engineering leader who founded Relentless Capital Group to create high-yield, low-risk investment opportunities for busy high-tech professionals. ​

    With over 15 years of single-family rental experience, Satheesh realized that by pursuing large apartment complexes, he could offer his investors diversification, rewarding returns, and tax advantages. ​

    As the Founding Principal of Relentless Capital Group, Satheesh’s 1200+ apartment units investment portfolio expands across Michigan, Texas, Arkansas, Louisiana, Tennessee, Georgia, and Florida.

    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

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

    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/

    11 min
  • Season 2 Episode 25: How to Diversify with Covered Call Options Trading with Scott Smith and Special Guest Ron Galloway

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    In today's session, Scott shared a strategy he's been successfully using for the past six months to diversify his portfolio while increasing his ROI and liquidity. If you are a real estate investor, you are likely in it to achieve financial freedom through passive income. But what do you do when the real estate market is in flux? And acceptable deals are scarce? Or when the assets you currently hold aren't performing well? Scott faced this very issue himself and set out to find a solution.

    Investment opportunity criteria:

    • It must be passive and involve minimal work
    • It must be secure, stable, and trustworthy
    • It must be durable or have longevity and be consistent
    • It must be flexible and provide ROI
    • It must allow for diversification

    Learn why Covered Call Options trading might be an excellent opportunity for investors at any point in their journey. Get credible insights into the types of commodities you should invest in and why by co-host Ron Galloway in this timely presentation.

    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

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

    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/

    1 hr 6 min
  • Season 2 Episode 24: Reverse 1031 Exchange Opportunities & Limitations with Special Guest Dan McCabe

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    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

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

    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/

    21 min
  • Season 2 Episode 23: Tax Prep Optimization with Scott Royal Smith and Pete Schindele

    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.

    Megan Templeton, Esq. Megan Templeton is from Birmingham, Alabama. She attended Auburn University and graduated in three years with a Bachelor’s in Psychology. While attending Auburn University, Megan was actively involved in the Auburn Honors College and Omega Phi Alpha, a service sorority. Upon graduation from Auburn University, she pursued her Juris Doctorate from Samford University’s Cumberland School of Law and her Master’s of Public Administration from the University of Alabama at Birmingham. Megan obtained both her JD and MPA in December 2015. Megan’s previous law positions have included clerk at the U.S. Attorney’s Office of the Northern District of Alabama, manager of a closing and title company, and currently the owner and principal attorney of Iron City Law, a boutique law firm in Birmingham, AL serving small businesses and the real estate community.

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

    KEY TAKEAWAYS

    What is the benefit of taking the Real Estate Professional designation? With the Real Estate Professional designation, you can use depreciation to offset income taxes and capital gains taxes. Your measure of ROI then becomes revenue generated by your business + the reduction of taxes paid.

    What are the Real Estate Professional designation requirements?

    • Material Participation: Individuals satisfy the material participation test for a particular activity by participating throughout the year on a regular, continuous, and substantial basis.
    • 750 Hours Annually: Individuals must spend at least 750 hours per year in real property trades or businesses in which they materially participate.
    • More Than 50% of Time: More than 50% of the individual’s working time must be spent on real estate activities in which the individual materially participates.

    Are there any caveats? Individuals who work a full-time W2 or 1099 job may still qualify as long as good records are maintained that serve as proof of time spent on your real estate business.

    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

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

    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/

    20 min

About Real Estate Nerds

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