Anderson Business Advisors Podcast

Renting Out a Property Without An LLC


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In this episode, Toby Mathis, Esq., of Anderson Business Advisors, sits down with Brent Nagy, a highly accomplished real estate investor with over 20 years in the industry. Brent, who retired by the age of 40 with a portfolio of more than 50 cash-flowing properties, shares his expertise around the critical importance of proper asset protection, cautioning against owning real estate outside of a formal LLC or entity. He discusses common pitfalls and liability issues associated with residential properties, highlighting that a well-structured investment strategy can significantly reduce stress and risk. With a wealth of experience, Brent underscores that good intentions alone are not enough—talking to other investors and understanding protection as a vital cost of doing business is essential for long-term success.

Highlights/Topics:
  • Toby introduces Brent, his back story and progression
  • Making money passively, “Rich Dad Poor Dad”, becoming an investor
  • Owning real estate outside of an LLC or entity - NEVER
  • Proper structure and proper protection is paramount for investing in real estate
  • Residential properties - liability examples and faulty advice
  • So much stress can be avoided with the right structure in place
  • Good intentions can never trump experience
  • Talk to other investors, protection is the ‘cost of doing business’
  • Share this with new investors you know
  • Resources:

    Schedule Your FREE Consultation

    https://andersonadvisors.com/strategy-session/?utm_source=renting-out-a-property-without-an-llc&utm_medium=podcast

    Tax and Asset Protection Events

    https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=renting-out-a-property-without-an-llc&utm_medium=podcast

    Anderson Advisors

    https://andersonadvisors.com/

    Toby Mathis YouTube

    https://www.youtube.com/@TobyMathis

    Toby Mathis TikTok

    https://www.tiktok.com/@tobymathisesq

    ...more
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    Anderson Business Advisors PodcastBy AndersonAdvisors.com

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