Podcasts about royal legal solutions

Scott Smith, CEO of Royal Legal Solutions, joins Tony Lopes to discuss asset protection and growing financial freedom through real estate. Scott shares his personal journey to financial freedom and how he got into real estate. He emphasizes the importance of asset protection and explains the concept of having separate companies for asset holding and operations. Scott also discusses the significance of anonymity and compartmentalization in asset protection. He provides insights on setting up a dream investment team and investing retirement funds in real estate. Scott offers valuable resources and encourages listeners to seek professional help in structuring their assets and reducing taxes. Takeaways Asset protection is crucial to safeguarding your wealth and ensuring its durability. Separate companies for asset holding and operations provide anonymity and compartmentalization. Building a dream investment team can help streamline your wealth-building process. Investing retirement funds in real estate can provide higher returns and tax benefits. Seek professional help to structure your assets correctly and reduce taxes. Chapters 00:00: Introduction 01:30: Scott's Journey to Financial Freedom 05:23: Asset Protection: Safeguarding Your Wealth 09:39: Anonymity and Compartmentalization in Asset Protection 16:22: Building Your Dream Investment Team 20:32: Investing Retirement Funds in Real Estate 23:47: Structuring Your Assets and Reducing Taxes 27:09: Conclusion

Scott Royal Smith is a real estate investor and asset protection attorney. Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school. After graduating, Scott begins his law career as a high-stakes corporate litigator. He spent the last 10 years analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients. In our podcast, Scott shares how he is helping real estate investors protect their real estate investments and assets using advanced asset protection and sheltering strategies as well as how investors can become the CEO of their own wealth building company with integrated systems and tools tailored to their goals. Scott also shares his top tips on how investors can save money on taxes and the 3 big components to tax savings for investors! You Can Find Scott @: Website: https://royallegalsolutions.com/

Unlock the secrets to shielding your wealth and securing a legacy for generations to come, with Scott Royal Smith, the former litigator turned asset protection savant. Through his personal odyssey of real estate investing to the creation of Royal Legal Solutions, Scott imparts invaluable wisdom on constructing an impenetrable financial fortress. As the founder of Royal Legal Solutions  (https://royallegalsolutions.com) , Scott details:- The strategies and structures that can bulletproof your assets against lawsuits and taxes.- The ins and outs of using legal frameworks to protect your assets for generations to come.- The value of meticulous asset separation to safeguard your assets from legal storms.If there's a specific topic you'd like to hear about in our REAL TidBits series or a guest you'd like to recommend for an interview, please share with us via email to kalyani@firstliencapital.com.      If you're interested in investing with First Lien Capital please connect with Bill at bill@firstliencapital.com or go to firstliencapital.com (https://www.firstliencapital.com) and press the INVEST button to be contacted by our team.    Stay connected with Bill and First Lien Capital:LinkedIn: https://www.linkedin.com/in/billbymel/Facebook: https://www.facebook.com/firstliencapitalInstagram: https://www.instagram.com/firstliencapital/To learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

Scott Royal Smith is the founder and CEO of Royal Legal Solutions, a firm built to offer tax, business, and legal strategies to entrepreneurs across the US and Canada. He is a real estate investor and asset protection attorney with a background as a high stakes corporate litigator.    He is a real estate investor and with that experience, he uses his legal background to help real estate investors build strong foundations for their businesses that will allow them to scale the right way and protect their assets while they do it. His firm acts as a fractional family office that helps entrepreneurs grow their businesses to where they want to be.   What you'll learn about in this episode: What Scott is currently focused on How you can achieve freedom as an entrepreneur Where you can start learning from Scott What kind of businesses can benefit from working with Royal Legal Solutions How Royal Legal Solutions can help your business What you can expect from working with Royal Legal Solutions How people should approach business if they want to succeed   Resources:   Join us at the Wicked Smart Virtual Summit in March and get 50% off your ticket now! Don't miss out, secure your spot at smartrealestatecoach.com/summit today!   Coupon code: podcast50   Request a FREE copy of our best-selling book, Real Estate On Your Terms and Deal Structure Overtime, at absolutely no charge: wickedsmartbooks.com/podcast   Our FREE Master's Class is the ONLY webinar where you're given the exact techniques we use in our family company to buy and sell homes every month — all across North America and ALL on TERMS! Register by visiting: smartrealestatecoach.com/pcmc   Schedule a FREE strategy session with us. This is an opportunity for you to have an honest conversation with our team about your background, investment goals and create some action steps toward creating the life of your dreams. Together we'll discover where you are, where you want to be, and what's in the way. Just visit: smartrealestatecoach.com/chrisprecall   Everyone is always asking us, “How is it possible to buy real estate without using my own cash or credit?” With decades of combined experience in real estate, we've perfected the process of investing creatively. We want to share as much as we can with you, which is exactly why we're running this FREE workshop! If you're thinking about leaving your job, escaping the W-2 lifestyle, and starting on the path towards creating generational wealth — this is for you! To register, just visit: smartrealestatecoach.com/pcws.   The Quantum Leap System has everything you'll need to start buying and selling on terms (without banks and without your own money or credit), launch & scale a business that fits your goals, and strengthen your mindset so you can follow the proven path to becoming a successful real estate investor. You can learn more by visiting: smartrealestatecoach.com/pcqls   For additional information on lead generation, funding, mindset coaching, legal assistance, virtual staffing, and business growth, visit the Investor Resources section of our website at: smartrealestatecoach.com/resources.   90-Day Jump Start: www.smartrealestatecoach.com/jump   Additional Resources:   FREE Educational Resources from Royal Legal Solutions smartrealestatecoach.com/royal  

Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.  Paul Thompson taps the mind of asset protection expert Scott Royal Smith in this wide-ranging discussion exploring creative strategies to shield your wealth. Learn the crucial steps these pros say you must take to fortify your investments against legal attacks and economic uncertainty. From anonymous LLCs to ironclad trusts, they reveal the keys to bulletproofing your empire. Key Takeaways: Use an asset holding company structure to create separation between operating companies and owned assets, limiting liability Form anonymous LLCs and land/private property trusts in states like Wyoming and Texas with strong charging order protections to obscure ownership Compartmentalize assets across limited liability entities to prevent legal attacks against one asset from reaching others Link anonymously-owned trusts to a law firm to secure details under attorney-client privilege for maximum asset protection Focus on simplicity in business by offering one clear service and spending time on fulfilling tasks instead of unenjoyable duties Seek to find purpose beyond money for true life fulfillment, but leverage financial education and coaching to enable personal growth   Follow Paul Thompson • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/ • Website | https://pauldavidthompson.com • Tiktok | https://www.tiktok.com/@pauldavidthompson   Resources: royallegalsolutions.com - Scott's Website scott@royallegalsolutions.com - Scott's Email   www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind   I want to help you achieve financial and personal freedom. Check out THIS link for some valuable resources Click for a FREE WEBINAR to learn about your 12% ROI. If you're ready to take action now, let's hop on a CALL now! About Today's Guest: Scott Smith is a new breed of real estate attorney who brings a fresh perspective to asset protection strategies. As the founder of Royal Legal Solutions, Scott has pioneered an approach to securing real estate investments and other assets that breaks from tradition. With his litigation background, Scott intimately understands the realities of lawsuits and how to effectively shield yourself. He leverages this experience to offer simplified solutions for the complex legal structures typically used. Scott has a great sense of humor that shines through as he demystifies intricate asset protection concepts into easy-to-grasp recommendations. So whether you own some income properties or are looking to build a real estate empire, Scott has innovative, affordable strategies to protect your hard-earned assets from legal attacks and economic uncertainty. His fresh thinking provides legal protection with less hassle.    

In today's episode you are getting insights into the world of advanced tax strategies and asset protection for real estate investors with Mark Swedberg of Royal Legal Solutions. Mark shares a wealth of insights, drawing from his company's unique model that he likens to a "fractionalized family office," providing high-level tax and legal strategies not just for the ultra-wealthy but for anyone earning over $150,000. You'll learn about the underutilized potential of private foundations, a strategy often misconceived as only for billionaires. Mark also shows you how setting up a private foundation can offer substantial tax benefits and charitable opportunities, proving it's within reach for many investors. We also help you better understand the complex landscape of entity structuring, emphasizing the crucial role of LLCs and S Corporations in asset protection and tax minimization. Mark illustrates how these entities can be strategically used to enhance deductions, protect investments from legal threats, and optimize tax efficiency. We also cover some lesser known and utilized tax strategies like the Augusta Rule, employing short-term rentals for tax advantages, and the concept of paying family members for legitimate business tasks to reduce taxable income. Mark emphasizes the importance of seeking tailored advice and education in navigating these strategies, ensuring they align with individual financial goals and lifestyles. Tune in to gain Mark Swedberg's expert insights on leveraging legal and tax strategies to bolster your investment portfolio. Whether you're new to real estate or seeking to refine your strategy, understanding these sophisticated tax maneuvers is key to maximizing your returns, making this episode a must-listen for all real estate investors aiming for financial success. **** In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in. You'll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype. You'll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn. Subscribe to our free newsletter here. 

This Austin based Attorney turned listeners into leads, not just in Texas but around the world.Scott Smith launched Royal Legal Solutions from the business he generated by appearing on a podcast. Since 2014, he has built a nationwide team of 30 from his offices in Austin, Txs, including 4 attorneys, 8 paralegals, CPA/MBA/CFO, insurance agents, and investing specialists — and they protect +$1.2 billion in assets for over 2,000 real estate investors nationwide.In this episode out today, you'll hear how Scott provides affiliates with a win-win: sending audiences to his free training and paying hosts for commission.Build responsive quizzes. Generate higher quality, higher converting leadsGraphic design toolbox - Visme Create visual brand experiences for your business whether you are a pro designer or a total novice.Vidyard - Use Video In Your Emails Vidyard is the easiest way to record and send videos that build personal connections.AI Writer - Content writing made easier Generate Accurate, Relevant & Quality Content in 2 MinutesDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showAm I adding value to you?If so - I'd like to ask you to support the show.In return, I will continue to bring massive value with two weekly shows, up to 3 hours per month of brilliant conversations and insights.Monthly subscriptions start at $3 per month. At $1 per hour, that's much less than the minimum wage, but we'll take what we can at this stage of the business.Of course, this is still free, but as an entrepreneur, the actual test of anything is if people are willing to pay for it.If I'm adding value to you, please support me by clicking the link now. Go ahead, make my day :)Support the show here.

Are you a real estate investor looking to elevate your game while ensuring your assets are fully protected? Do you need advice on developing a robust wealth-building strategy? If yes, you'd benefit from insights from this week's guest.Join us on Average Joe Finances as our guest Scott Royal Smith shares his knowledge and expertise on asset protection, financial freedom, and lifestyle strategies, particularly for real estate investorsIn this episode:Recognize the pivotal role of asset protection in maintaining financial security.Emphasize the significance of implementing asset protection measures at the right time.Understand how private foundations, similar to super IRAs, can protect income and provide a tax-free growth strategy.Recognize the need for experts in asset protection, estate planning, tax strategy, insurance, and investment within your team.And so much more!Key Moments:00:36 Getting to Know Scott Royal Smith00:43 Scott's Journey to Financial Freedom01:54 The Importance of Asset Protection02:11 The Birth of Royal Legal Solutions02:35 The Shift to Asset Protection03:02 The Wake-Up Call and Expansion03:31 The Importance of Strategic Tax Planning03:39 The Concept of Financial Freedom04:03 The Desire to Teach and Give Back04:22 The Reality of Financial Freedom05:09 The Dangers of Not Protecting Your Assets05:46 The Importance of Asset Protection for Real Estate Investors06:24 The Right Time to Consider Asset Protection06:56 The Benefits of Series LLCs08:39 The Power of Anonymity and Compartmentalization12:52 The Role of Money in Life14:14 The Use of Retirement Accounts in Real Estate Investing15:47 The Advantages of Private Foundations18:17 The Importance of Strategic Tax Planning and Structuring19:47 The Importance of Having the Right Team20:26 The Role of Professionals in Your Business20:53 Understanding Different Types of Professionals You Need21:14 Balancing Investments and Taxes21:29 The Role of Insurance in Your Business21:59 Building a Wealth Building Company22:24 The Services Offered by Royal Legal Solutions23:57 The Importance of Education in Business24:16 The Process of Building a Wealth-Building Company25:23 The Importance of Hiring ProfessionalsFind Scott Royal Smith on:Website:  https://royallegalsolutions.com LinkedIn: https://www.linkedin.com/in/scottroyalsmithAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

Scott Royal Smith is a real estate investor and asset protection attorney. Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school. After graduating, Scott began his law career as a high-stakes corporate litigator. He spent the last 10 years of his career analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business, and legal strategies to clients all over the U.S. and Canada. He continues to educate the public on asset-protecting strategies to help circumvent debilitating lawsuits for his clients.   What You Will Learn: Who is Scott Royal Smith? How was he able to build his financial freedom through real estate investing? Scott shares the three levels of investing. The cheapest and the best LLC is either in Texas or Wyoming. Scott shares their audiences or target market. How fast you can get to Financial Freedom? Is there a particular country they are focusing on? What is a land trust? Scott shares their insurance divisions. Scott shares how he can be contacted. Additional Resources from Scott Royal Smith: Website:https://royallegalsolutions.com/ Phone:+1 (561) 308-5778 Email: tammy@royallegalsolutions.com LinkedIn: https://www.linkedin.com/in/scott-royal-smith/ Facebook: https://www.facebook.com/ScottRoyalSmithRLS LinkedIn: https://twitter.com/royal_legal_law YouTube: https://www.youtube.com/c/RoyalLegalSolutions Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW!   Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

Make Yourself Legally Invisible   No one wants to get sued, but let's face it: if you're playing the real estate game, it's only a matter of time. Let me introduce you to Scott Smith, a new breed of real estate attorney with a great sense of humor and a gift for simplifying the complex. His Austin startup, Royal Legal Solutions, has a different take on protecting real estate investments and already serves thousands of clients across all 50 states. As a former litigation attorney, Scott has a deep understanding of how lawsuits really work. More importantly, he is a real estate investor himself, with property in 10 states. Now he's sharing his information with the world and is committed to helping other real estate investors protect their futures. Get ready to take your game to the next level as Scott shares advanced techniques, like how to structure your entity structure to make yourself nearly invincible or how to create an investment dream team. Facebook: /RoyalLegalSolutions/ www.royallegalsolutions.com https://royallegalsolutions.com/partners-jen-josey   To learn more about Jen Josey, visit www.TheRealJenJosey.com To join REIGN, visit www.REIGNmastermind.com To join HomeSchooled by Tarek, visit https://go.homeschooled.co/schedule-strategy-session?el=jenjosey

Why it was selected for “CBNation Architects”: In this episode, the guest is Scott Smith, the founder of Royal Legal Solutions, an asset protection firm. With significant experience as an aggressive litigator against major insurance companies, Scott now utilizes his knowledge to help clients set up business structures that protect their assets while saving money on taxes and state fees. Key Points: Background: Scott Smith, a former litigator, founded Royal Legal Solutions to assist clients in structuring their businesses and protect their assets. With a clientele consisting of both first-time investors and seasoned real estate investors, Scott ensures optimal property protection and cost savings. Royal Legal Solutions: The rapidly growing law firm currently has over 40 full-time employees and offers extensive services that cater to clients' individual needs, focusing on the right system for acquiring property and protecting assets. CEO Hack: Scott recommends a daily habit of working out, journaling, and meditating. Additionally, he suggests making regular visits to the sauna for relaxation and reflection. CEO Nugget: Scott's advice to fellow entrepreneurs is to stay calm and focus on doing the next right thing. CEO Defined: For Scott, being a CEO encompasses being a servant to one's people and fulfilling their needs. Check out our CEO Hack Buzz Newsletter–our premium newsletter with hacks and nuggets to level up your organization. Sign up HERE.  I AM CEO Handbook Volume 3 is HERE and it's FREE. Get your copy here: http://cbnation.co/iamceo3. Get the 100+ things that you can learn from 1600 business podcasts we recorded. Hear Gresh's story, learn the 16 business pillars from the podcast, find out about CBNation Architects and why you might be one and so much more. Did we mention it was FREE? Download it today!   Previous Episode: https://iamceo.co/2019/07/01/iam322-former-litigator-helps-people-to-structure-their-business-and-protect-assets/

No one ever wants or expects to find themselves in a lawsuit, but when you're a real estate investor, it's always something you need to protect yourself against. My guest today is a real estate investor and asset protection attorney, and he shares his asset protection techniques for real estate investors and discuss how you can become the CEO of your own wealth building company. Scott Royal Smith is the Founder and CEO of Royal Legal Solutions, offering tax, business, and legal strategies to clients in the U.S. and Canada. Today Scott discusses the importance of having the right insurance, asset protection, estate planning, and tax structure in your business. Find out more: Website: https://royallegalsolutions.com/partners-brian-hamrick YouTube: https://www.youtube.com/c/RoyalLegalSolutions Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Scott Royal Smith is a real estate investor and asset protection attorney. Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school. After graduating, Scott began his law career as a high-stakes corporate litigator. He spent the last 10 years analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions, a firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients and will help your audience understand strategies to maximize tax savings and protect them from devastating lawsuits.Main point:How can you safeguard your properties from lawsuits?How can you efficiently use retirement accounts to invest?What are 10 things you need to know to protect your assets?What is an entrepreneurial intention?How are legal, tax, and investment advice all related?What is the quickest way to create a dream investment team?Connect with Scott Royal Smith:Real Estate Investment coaching - https://royallegalsolutions.com/scott@royallegalsolutions.com, tammy@quotationsmedia.comhttps://www.facebook.com/ScottRoyalSmithRLShttps://www.instagram.com/royal.legal.solutions/https://www.linkedin.com/in/scott-royal-smith/https://twitter.com/royal_legal_lawhttps://www.youtube.com/c/RoyalLegalSolutionshttp://Royal Legal SolutionsPodcast- Real Estate Nerds

You've gathered all the investing information. You know what asset classes you want. You're ready to pounce on some property deals. But before you jump in, have you ensured you're legally protected? On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Scott Royal Smith, founder of Royal Legal Solutions in Austin, Texas. As an attorney, Scott knows how important it is to safeguard your assets and equity with various forms of legal protection. Leaving your investments unprotected can leave you vulnerable to losing the wealth you've worked so hard to create. Jonathan and Scott dive into their conversation by explaining the differences between an LLC and a series LLC. Scott elaborates on the mistakes people frequently make with living trusts and how you can avoid them by hiring people to help you with the details. He emphasizes why building wealth is boring 95% of the time, outlines how most wealthy people manage their wealth, and details the ins and outs of LLCs and series LLCs. You'll also hear why Scott approaches California real estate with Delaware Statutory Trusts (DSTs) and what prompted him to start a law firm focused on real estate. Finally, Scott reveals the asset classes working well in the current real estate market, the entrepreneurial skills investors need, and what skilled professionals can do to help you protect your assets. Learning more about LLCs and series LLCs doesn't have to be complicated, and Scott Royal Smith masterfully breaks it down so you can grasp their importance in your wealth-building strategy. In this episode, you will hear: What investors are missing when it comes to protecting themselves from a legal standpoint The most common errors Scott Royal Smith spots from mid-range investors who form LLCs The biggest mistake people make as they're building an estate plan What a living trust is, why you may want one, and how you can use it to transfer real estate to your kids Why the path to wealth is very predictable and often boring The trick Scott uses to alleviate the boredom of scaling your wealth and business The importance of hiring professionals to help you who have made money the same way you make money The two types of LLCs and what each one can do for you When Scott recommends using a Delaware Statutory Trust (DST) How working primarily with real estate investors has helped him bring in more investors and get more referrals Scott's initial investments and what he's investing in today The asset classes that look good for portfolio building right now from a legal standpoint The steps Scott recommends taking before your investing starts How real estate investing has changed since the pandemic from Scott's perspective Taking action and making something happen Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/092 to download it. Supporting Resources: Royal Legal Solutions website: royallegalsolutions.com Find Royal Legal Solutions on YouTube: www.youtube.com/c/RoyalLegalSolutions Scott Royal Smith on Facebook: www.facebook.com/ScottRoyalSmithRLS Royal Legal Solutions on Instagram: www.instagram.com/royal.legal.solutions Connect with Scott on LinkedIn: www.linkedin.com/in/scott-royal-smith Find Regal Legal Solutions on Twitter/X: twitter.com/royal_legal_law Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties   Episode Credits: If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

In this episode of Living Off Rentals, Scott Royal Smith joins us to share his knowledge. He is a former litigator and now the founder of Royal Legal Solutions, a company dedicated to helping real estate investors protect their assets, save money on taxes and boost their net worth and cash flow.  Scott is also a real estate investor, with his portfolio including properties from every asset class, from single-family and multi-family homes to syndications and commercial properties, giving him an all-around perspective of the industry in both the legal bird's eye view and from the trenches.  Tune in as he shares how investors can better safeguard their assets and grow their wealth effectively, particularly with the help of series LLCs. Key Takeaways [00:00] Introducing Scott Royal Smith and his background [04:32] Transitioning to asset protection from corporate litigation [07:32] Discussing ideal setups for rental property investors   [11:42] Series LLCs and why you should consider starting one [17:09] Ideal setups for partnerships  [20:50] On tax-saving strategies [30:04] What to consider to succeed in investing [32:54] Where most real estate plans fail [37:55] Connect with Scott and Royal Legal Solutions   Guest Links Website – royallegalsolutions.com Show Links  Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Join us in this episode as we sit down with Scott Royal Smith, the Founder and CEO of Royal Legal Solutions, an attorney with over a decade of experience protecting over $1.2 billion in assets for clients across the United States. Scott, a former high-stakes corporate litigator turned real estate investor, shares invaluable insights into asset protection and real estate planning. From tax deductions, shelters, and depreciation analysis to optimizing investment portfolios, Scott's expertise guides listeners through the intricate landscape of safeguarding wealth. Learn about the Royal Vault, an exclusive resource hub offering free ebooks, videos, and direct access to legal and financial experts, empowering investors to fortify their assets. Discover how Scott's extensive knowledge can help navigate the complexities of real estate investments, providing invaluable strategies for securing and preserving wealth. Be sure to also go to www.multifamilyos.com to get your free copy of host, 'The Multifamily Attorney', Charles Dobens', book “How to Own 1,000 Apartments in Five Years”.  

Welcome to another episode of The Cashflow Project! Today, we're joined by Scott Smith, founding attorney at Royal Legal Solutions, with expertise in protecting real estate assets and creating wealth. Scott shares his journey from auto repair to asset protection, emphasizing the significance of LLC structures and estate planning. Steve and Scott explore seizing opportunities, networking, and continuous learning, offering valuable resources and book recommendations like "Living Untethered" by Michael Singer. They conclude with a call to action, encouraging listeners to propel their financial lives forward and engage with upcoming events. Get ready for financial insights on The Cashflow Project with Scott Smith! [00:02:11] Climbing mountains led to financial concern. [00:05:25] Solid investments provide tax benefits; it takes 5 years. [00:07:19] Ambition to learn is key for mentorship. [00:12:05] Always invest to offset taxes, like a game. [00:13:59] Investing broadened expertise; delegated tasks, prioritized enjoyment. [00:18:29] Be excited for the next 5-10 years. [00:19:47] Waitress questions the man about his success. [00:25:16] Free video training on wealth building strategies. [00:27:15] Great conversation with Scott from Royal Legal Solutions. [00:29:25] Closing insights Connect with Scott Smith Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

In today's episode, we're thrilled to have a conversation with Scott Royal Smith, founder and CEO of Royal Legal Solutions, a firm that helps real estate investors properly structure their businesses and assets. With over a decade of experience, Scott is an expert in LLCs, asset protection strategies, and tax optimization. Real estate investors are open targets for many - renters, contractors, and tax collectors. In this episode, we discuss asset protection strategies for real estate investors, including how to properly structure LLCs and use a series LLC to compartmentalize different properties. Additionally, we learn about tax strategies like using a series LLC to separate active and passive income as he shared lessons from building his own business over the past 10 years and how focusing on financial freedom allowed him to pursue passions like traveling and meditation retreats. Scott has build an awesome business with a fantastic understanding of tax planning and how to structure real estate entities. So much so, that he recorded this episode during a yoga retreat! Things we discussed in this episode: How Scott built a portfolio of cash-flowing properties that allowed him to "retire" in his 30s The crucial asset protection strategy that saved a friend $3 million in a lawsuit  Separating active and passive income streams for maximum tax benefits Using a series LLC strategy to legally compartmentalize different investment properties   The importance of charging order protection for LLCs formed in certain states How to anonymously own rental properties through land trusts Strategies for preserving wealth against any future lawsuits or claims Tips for accelerating the process of gaining financial independence How focusing on freedom rather than stuff leads to a happier lifestyle Lessons from building a successful business while traveling the world Get in touch with Scott: Instagram - https://www.instagram.com/royal.legal.solutions/ Website - https://royallegalsolutions.com YouTube - https://www.youtube.com/@RoyalLegalSolutions Join Jason Muth of Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast! #realestatepodcast #nexthome #humansoverhouses #realestate #realestateinvesting #realestateinvestor #realestatelaw #realestateagent #realestateinvesting #riskmanagement #assetprotection #llcs #serialllc #taxstrategies #financialfreedom #entrepreneurship #mindset #retirementplanning #wealthbuilding #passiveincome #investingtips #businessstructures Follow us! Following and subscribing to The Real Estate Law Podcast not only ensures that you'll get instant updates whenever we release a new episode, but it also helps us reach more people who could benefit from the valuable content that we provide. The Real Estate Law Podcast on Instagram and YouTube NextHome Titletown Real Estate on Facebook and LinkedIn Straightforward Short-Term Rentals on Instagram Attorney Rory Gill on LinkedIn Jason Muth on LinkedIn Help us Spread the Word If you've found our podcast helpful, entertaining, or informative, please consider leaving us a rating and review. It only takes a minute and can make a huge difference in helping us reach more listeners. Hospitality.FM The Real Estate Law Podcast is part of Hospitality.FM, a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry, from Food + Beverage, Guest Experience, Diversity & Inclusion, Tech, Operations, Hotels, Vacation Rentals, Real Estate Law, and so much more

Join our host, Peter McKenzie, and our guest, Scott Smith, the founder and CEO of Royal Legal Solutions, as they talk about asset protection—an important topic that is often overlooked but is crucial to achieving financial freedom. He is going to offer amazing advice on how to protect your hard-earned wealth, how much it costs to create an asset protection strategy, and how owners and entrepreneurs can lower their tax payments by leveraging smart strategies. You can connect with Scott Smith via: https://royallegalsolutions.com/

Ever wondered how you can build a robust real estate business without the proverbial 'silver spoon?' Our esteemed guest, Scott Royle Smith of Royal Legal Solutions, shares valuable insights on how you can grow your business conservatively. Scott, who transitioned from a litigator to a passive income mogul, reveals how his company offers a plethora of solutions to real estate investors, ranging from asset protection to tax strategy and syndication investments.Imagine having the freedom to decide what to do every day rather than being stuck in the rut of a 9-5 job. Scott paints a vivid picture of how investors can tap into wealth building with just an hour of their time per month. He presents an intriguing perspective on money as a representation of pain and emphasizes the importance of guidance, resources, and a holistic understanding of business to build a life of fulfillment and joy.Lastly, we delve into strategies that can propel your growth, like leveraging legal shields, private foundations, and tax shelter vehicles. Scott demystifies the different syndication deals available to real estate investors and guides you through the mental shift required to trust your systems and team. He shares his journey, including his mistakes, and victories, and how he learned to maximize success through strategic living. During this episode, we will touch upon the following topics:The foundation of Royal Legal Solutions and the exceptional team of professionals - including CPAs, attorneys, and investment advisers - who collaborate with investors in all 50 states.Discovering the true essence of freedom through effective asset protection strategies.Unlocking the secrets to optimizing tax savings.Understanding how Royal Legal Solutions can empower you to become the CEO of a wealth-building company, with just one hour of overseeing required per month.Gaining valuable insights into fractional family office solutions.Tune in for an engaging and educational conversation that will provide you with actionable knowledge to safeguard your real estate assets.This episode is jam-packed with practical advice and inspiring stories that you won't want to miss!Resources:Website: https://royallegalsolutions.comAdditional Resources:Website: https://www.clarkst.comPhone: (860)675-5800LinkedIn: https://www.linkedin.com/company/clark-st-capitalTwitter: https://twitter.com/clarkstcapital1Facebook: https://www.facebook.com/ClarkStCapitalInstagram: https://www.instagram.com/clarkstcapital

The podcast episode features an interview with Scott Royal Smith, the founder, and CEO of Royal Legal Solutions. The discussion revolves around the importance of setting up proper business structures, such as entities and asset protection, to avoid potential lawsuits that could jeopardize one's financial stability. Smith emphasizes the risks of owning assets in personal names and highlights the need for different entity structures to make it difficult for creditors to pursue legal action. The goal is to protect assets through compartmentalization and shield personal credit scores by establishing separate LLCs for operating purposes. If you'd like to meet with Beau to talk financing, book a call here ( http://bookwithbeau.com/ )

What would you do if you had to juggle your time between law school and managing your own start-up? Our guest on the show today, Scott Smith, faced this exact challenge. Scott, an attorney, CEO, and founder of Royal Legal Solutions, shares his inspiring journey - from purchasing his first business whilst in law school, dealing with the reality of time management as he juggled his new venture with his studies, to creating systems for efficiency. His story is one that highlights the strength in failure, its role as a stepping stone to success and the importance of system creation to reclaim time for passions.Everyone seeks fulfillment, but what does it mean to lead a fulfilling life? Often, we are misguided by external factors like money, drugs, and social media, leading us down a path of dissatisfaction. Scott provides fascinating insights about the importance of viewing work as an extension of ourselves for organic growth and how financial success doesn't necessarily equate to a better quality of life. With a unique take on the current state of the real estate market, he brings to the table intriguing discussions about potential opportunities lurking amidst economic uncertainty.Have you ever thought about the power of knowledge? Scott believes in education as a tool for personal growth and shares his vision for building the vault, a reservoir of wisdom for people from all walks of life. The episode also leverages the importance of accountability, controlling our emotions, and harnessing our mental strength for increased productivity. Remember, your mind is your most powerful tool, and learning to control it can open doors to an abundant life. Join us on this enlightening journey with Scott Smith, as we learn, grow, and transform.Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showThanks for Listening! Follow us on Tik Tok Facebook and Instagram

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.*********************************************************************************KEY TAKEAWAYSIs this you? You're feeling bulletproof having had your asset protection structures, tax savings strategies, and estate plans formed but you're unclear on what needs to happen to stay compliant.Listen as Scott gives an overview on corporate compliance. In this session he explains the three areas of focus for structures set up using the Royal Legal Solutions Model.Corporate compliance annual paperwork requirementsRegistered agent with a physical location to receive court documentsNominee trustee to maintain anonymityFind out why using an attorney as your registered agent and nominee trustee provide what Scott refers to as a 'belt and suspenders' or additional layer of asset protection. 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 HOSTRichard Bechtol, Esq., Royal Legal Solutions. Richard attended Shawnee State University and graduated with a Bachelor's in Business Administration with a concentration in Accounting. Upon graduation, he volunteered for a one-year deployment to Bagram Airfield in Afghanistan. Five weeks after arriving home he began classes in pursuit of his Juris Doctorate from the University of Dayton School of Law completing the program in 2 years. Richard has held numerous law positions including clerk and associate specializing in Estate Planning, Asset Protection, Elder Law, Probate, and Trust Administration.*********************************************************************************KEY TAKEAWAYSStaff attorney, Richard Bechtol, covers estate planning fundamentals in this informal chat. You'll learn:Who needs an estate planWhy a will isn't enoughHow to avoid probateand more!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 8 video Masterclasses and ebooks.*********************************************************************************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 HOSTDave Zook, Found and CEO, The Real Asset Investor. Dave Zook is a successful business owner and an experienced real estate investor active in Multi-Family Apartments, Self-storage, and ATM space.Dave has acquired more than $100 million worth of real estate since 2010. At the time of this writing, he and his investors own approximately 3000 Multi-family Apartment units.Together with his business partner, Dave is a renowned and trusted professional resource in the Automatic Teller Machine (ATM) investment market where they have deployed more than $90 million of investor capital and are heavily invested personally in the ATM space.*********************************************************************************KEY TAKEAWAYSLooking to diversify into asset classes that hedge inflation? Dave Zook discusses his favorite four asset classes and how they stack up in comparison. Discover the benefits of each including cashflow potential, depreciation, ROI on exit, and tax implications.ATMsStorage UnitsCar WashesNatural Gas / OilReady 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 8 video Masterclasses and ebooks.*********************************************************************************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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSFiling taxes is clearly more complicated for independent contractors, entrepreneurs and investors. Entity structure, tax savings strategies, and deductions are areas that are maximized to lower tax debt. For this reason, you may have a higher audit risk than your average W2 employee. Listen as Pete Schindele, Royal Legal Solutions CFO gives a run down of filing actions that are more likely to trigger IRS inquiry. This is not to say that you should not take advantage of all deductions that you qualify for. Most importantly, keep thorough records in the event you are flagged for an audit.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 8 video Masterclasses and ebooks.*********************************************************************************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.*********************************************************************************Charles Bulthuis, Founder and Owner, Reformation Asset Management. RAM offers a holistic approach to acquiring, managing, and growing real estate assets utilizing a comprehensive array of services. They will tailor an investment strategy to match your individual goals and execute it at every step with deep expertise.*********************************************************************************KEY TAKEAWAYSCharles breaks down market predictors to identify opportunity. Learn what area of investing that has proven lucrative in a fluctuating and even uncertain economy. It starts with an analysis of demographics, including job growth and zoning regulations. Discover the strategy that will yield great ROI while providing for first-time home buyers who are largely being priced out of home ownership. 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.*********************************************************************************Stephen Slawinski, Founder and Owner of Slawinski Law, is a process-oriented securities attorney who is focused on helping real estate sponsors and fund managers raise capital while staying compliant with the SEC. Stephen's interest in finance and real estate first began after reading Rich Dad, Poor Dad. He began investing in real estate while in law school where he focused his studies on securities law and real estate fund management.*********************************************************************************KEY TAKEAWAYSTune in to get an expert breakdown of syndication compliance through the eyes of a securities attorney. Learn how the SEC defines a security along with how to tackle that challenge including:Avoid it's implicationsRegister with the SECFind an exemption to registrationStephen demonstrates how deal structure directly impacts legal compliance requirements and shares solutions as to how maneuver facing these challenges. 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.*********************************************************************************KEY TAKEAWAYSRoyal Legal Solutions Insurance Manager, Aaron Porter, attended the Ask An Advisor themed session of group mentoring to hold a QA on insurance topics. Questions covered included:How to use excess or leftover funds that had been allocated for repairsClaim filing on behalf of a deceased property ownerThe nuances of flood coverageOutcomes if your homeowner's insurance lapsesWhere responsibility lies in the case of accidental damageand more!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/

Financial freedom is something we all worry about when it comes to real estate investing, you think about what could happen to you so you get to work to get it over with. You think you'd be free if you just invest in all you can. The reality is, financial freedom is much harder to attain than it seems. There's the management of the income, the legacy building, protecting your assets, and a potential lawsuit. That's where Scott Royal Smith, advocate, attorney, investor, author and CEO of Royal Legal Solutions comes in! He is a real estate investor himself, with property in 10 states. His Austin startup, Royal Legal Solutions, has a different take on protecting real estate investments and already serves thousands of clients across all 50 states. His purpose is to protect clients, and their assets and prevent lawsuits. Listen to the latest episode of Exit Strategies Radio Show to hear what he has to say! What You'll Learn From This Episode: Scott Smith's story of real estate investing How do you get to true freedom? Should you divest individually or under an LLC or corporation? Selling the property versus selling the LLC How do you choose the right tax solution? Risk of exposing your property Taking risks in important decisions What is the real goal of wealth building? Connect with SCOTT@: Scott's LinkedIn: https://www.linkedin.com/in/scott-royal-smith/ Website: https://royallegalsolutions.com/ Connect with Corwyn @: Contact Number: 843-619-3005 Instagram: https://www.instagram.com/exitstrategiesradioshow/ FB Page: https://www.facebook.com/exitstrategiessc/ Youtube: https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA Website: https://www.exitstrategiesradioshow.com Linkedin: https://www.linkedin.com/in/cmelette/ Email @: corwyn@corwynmelette.com Shoutout to our Sponsor: MEME EUBANKS Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today Meme you bank your country REALTOR at 843-730-3327 that's 843-730-3327 or visit exitlowcountry.com/joinexit and make your EXIT today. --- Support this podcast: https://anchor.fm/corwyn-j-melette/support

Do you want a life that's unlike anybody else and that's exceptionally amazing? If so, then this episode is for you. In this episode, we speak with Scott Royal Smith, a real estate investor, and asset protection attorney who is also the founder and CEO of Royal Legal Solutions. Scott has had an incredibly diverse career, having graduated from law school and running his auto mechanic shop to pay his way through school. In this conversation, Scott shares his experiences with leadership and how he stumbled into it while running a car repair business. He advises on the importance of being present, understanding what you want in life or business, and committing to yourself. They discuss the value of looking to ancient wisdom and practices for guidance during times of change and how leaders need to be courageously present to stand out. This episode is an inspiring reminder for leaders to take time for themselves to succeed in today's fast-paced world.In this episode:Scott Royal Smith's background and career How to feel fulfilled now and reach your goalsUnlocking the power of leadership with Jesus as a guideMain takeaways:Why people have a lack of fulfillment and how to become a true leaderPeople often rate their fulfillment level at 6/10, even if they are successfulTo increase energy levels and make tasks effortless, focus on how to feel right nowAdopt practices to become the most excellent version of yourself and life will naturally flow to you Leadership is a reflection of living inside the greatest version of yourselfLeaders must have the courage to do something radically different and uncomfortable to stand out as influential leadersQuotes:"If you want a life that's unlike anybody else, and that's exceptionally amazing, you must look to the places that the other people aren't looking at." - Scott Royal Smith"Finding what you are as a true leader is a very organic process." - Scott Royal Smith"Right now is the time to make the change. If you want to be in the top levels of leadership and you want to be one of the true standout people, I highly encourage you to have the courage that it takes to do something radically different, radically uncomfortable and step into your power as a person." - Scott Royal SmithConnect with Scott:Email: scott@royallegalsolutions.com Connect with Denis: Email: denis@leadingchangepartners.comWebsite: http://www.leadingchangepartners.com/Leadership Is Changing Facebook Group:

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.*********************************************************************************KEY TAKEAWAYSIn 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 sponsorsDue diligence re: property classificationDeal parameters and building in a bufferThe outcome and upside of a deal gone badThe importance of reboundingFREEBIE: 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.*********************************************************************************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.*********************************************************************************KEY TAKEAWAYSLearn 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 incentiveIncentives are based on the reinvestment of capital gainsGeared toward new or improved projects and businesses and must be long-term holdingsIncentives are market-basedOZ 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.*********************************************************************************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.*********************************************************************************KEY TAKEAWAYSSeth 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 OfferingOfferingUse of FundsCompanyManagementBusiness PlanFeesDistributionsRisk FactorsInvestor Suitability and QualificationsInstructions to InvestSubscription AgreementOperating AgreementBONUS: 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.*********************************************************************************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/

Today on Black Box, we sit down with Scott Smith, Founder of Royal Legal Solutions. Scott has extensive experience an an aggressive litigator prior to starting up his own firm. Royal Legal Solutions specializes in protecting clients' Real Estate assets throughout the US and Canada. Scott uses his experience as an attorney as well as his experience as a Real Estate investor to provide a well rounded approach for the best protection.https://royallegalsolutions.com/This episode is interesting because while we cover Scott's firm, we talk more about Scott's journey for peace and a well rounded, fulfilling life. This journey started after Scott realized the professional accolades and financial success still left him searching for more. Be sure to check out Blvck Ice for any Jewelry needs!• Email us at blackboxsubmission@gmail.com• Check out our YouTube channel at https://www.youtube.com/channel/UCFmvklDGay2iYOeRQ6wy0Ug• Instagram: https://www.instagram.com/blckboxpodcast/• Twitter: https://twitter.com/blckboxpodcast• TikTok: https://www.tiktok.com/@blackboxpodcastThis episode is sponsored by Zencastr, our #1 podcast tool. They provide a crystal clear sound and gorgeous HD video. We love that it records separate audio and video tracks for the guests and us. Plus, there is a secured cloud backup, so you never lose your interviews. It is super easy to use, and there is nothing to download. My guests just click on the link, and we start recording. Go to http://zen.ai/blackbox and get 30% off your first three months with a PRO account.

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.*********************************************************************************KEY TAKEAWAYSListen 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.*********************************************************************************MEET THE HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSIn 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 assetsLeverage funds from a self-directed retirement accountUnderstand the importance of having a tax strategyDiscover if syndications might be right for youIdentify your 'why' to determine deal structure and narrow down optionsLean into networking and consider hiring a coach in your nicheFREE Presentation Deck: Alternative Thinking and InvestmentsReady 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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSAre 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/fieldguidebratzReady 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/

The diversification of your interests allows you to explore other possibilities of maximizing your potential ones you might have not turned the rock over to explore. For Scott Smith there is plenty more to life then his 9 to 5 job as an Attorney, CEO Founder of Royal Legal Solutions. Yes, Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school. After graduating, Scott began his law career as a high-stakes corporate litigator. He spent the last 10 years of his career analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protecting strategies to help circumvent debilitating lawsuits for his clients. Smith is also intensely committed to also helping people explore every aspect of their life and not being tethered to the status quo way of thinking. And he joined me this week to tell me more. For more information: https://royallegalsolutions.com/ Email: scott@royallegalsolutions.com

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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSFirst, 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.*********************************************************************************ENGAGE WITH USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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 HOSTSScott 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.*********************************************************************************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 USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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/

Scott Royal Smith is a real estate investor and asset protection attorney. He became an entrepreneur while still in law school. He spent the last 10 years of his career analyzing real estate investment and asset protection. Today, Scott is the Founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. Top 3 Value Bombs: 1. You can act before you are ready and take unlimited risks to learn the best and get things to grow the fastest. 2. Avoid being sued by making yourself look unattractive to the lawsuit. 3. At Royal Legal Solutions, they are committed to building and setting up everything for you in six weeks. Check out, click on the ‘Get A Price' button and take the 20-point quiz as an assessment to apply for a FREE consultation. - Royal Legal Solutions Website Sponsors: HubSpot: Learn how HubSpot can help your business grow better at HubSpot.com. Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention JLD or EOFire when you sign up, and start listening now! Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark's business coaching has helped thousands of entrepreneurs to dramatically increase profitability!

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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSIn light of hurricane Ian, Aaron Porter used this opportunity to discuss the state of the insurance industry along with nuances in natural disaster coverage. For example, did you know? Not all water damage is considered 'equal'. Natural floodPlumbing or septic floodingWind-driven rainLearn how insurance carriers interpret different types of damages so you can determine if you have coverage gaps that you need to account for.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 USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSScott shares his vision for three areas of focus for group mentoring:Intentional Connection-forming real relationshipsElite Execution-modeling high achieversEducation-deal analysis and due diligenceHe then opened up the floor to valuable feedback from attendees. Discover why Royal Investing is an opportunity that you will want to join in on.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 USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSBrandon Bateman of Bateman Collective presented an overview of how to acquire off-market properties by using a channel marketing strategy. Properties purchased off-market typically sell for a lower price than those listed on the MLS.Three channels that real estate investors can use to find off-market properties include:Pay Per Click Google Ads (PPC)Facebook AdsSearch Engine Optimization (SEO)Brandon describes how real estate investors use these channels. He also gives a detailed comparison of the pros and cons of each.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 USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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 HOSTSScott 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.*********************************************************************************KEY TAKEAWAYSWant 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 USAre 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/Q014rfVz0For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quizFor insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: 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/

Scott Royal Smith is a real estate investor and asset protection attorney. While still in law school, Scott became an entrepreneur while still in law school, purchasing and running an auto mechanic shop, to pay his way through school. He spent the last 10 years of his career analyzing real estate investment and asset protection. Today, Scott is the founder and CEO of Royal Legal Solutions. A firm he built to offer tax, business and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients. He discusses the importance of being a good steward of capital and why it's so important to have an attorney with investment experience on your side.[00:00 - 06:33] Opening SegmentIntroducing Scott to the show!Scott shares his story of how he became an investorHe helps other real estate investors achieve success[06:34 - 20:55] How To Achieve Financial Independence and Live a Rich LifeScott says that you can achieve great things if you start by helping othersUnderstanding the playbook of how to go from zero to 10The steps to wealth creationThe 4 key areas to be considered when building wealth are:Asset protectionEstate planningTax and Insurance[20:56 - 37:33] Asset Protection and Building Wealth The High North WayAsset protectionAn umbrella policy can protect you from lawsuitsHaving a living trust can help ensure that your family is taken care of after your deatDoes your company/organization need to be an LLC?[37:34 - 46:46] Closing SegmentScott believes that's why we think we're so successful is because we're taking the high-net-worth mentality and applying it to everyone, even if they don't know itSee the links below to connect with Scott! Quotes:"We always focus on is education to action, which means we have to understand who you are, where you're at, what the next steps you're going to.” - Scott Royal Smith"The problem itself is really understood all the way from the very beginning to owning absolutely nothing to having a hundred million dollars." - Scott Royal Smith“What you build now works perfectly now for what you're going to need in the future." - Scott Royal Smith Connect with Scott through LinkedIn & Royal Legal Solutions! Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.com5 TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.Support the show

As digital technology advances and we see more and more automation and systematizing of every aspect of the real estate transaction process, it's not too hard to imagine the disruption blockchain technology will introduce for real estate investors. But what are we talking about when it comes to blockchain technology? What is it, who will it affect, when will it be a reality, and how can you take advantage of it as a real estate investor? My guest today is here to help answer those questions. Megan Templeton is a real estate attorney with Royal Legal Solutions and the owner of Iron City Law out of Birmingham, Alabama. You can find out more about Megan through her email and website: megan@royallegalsolutions.com https://royallegalsolutions.com/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Scott Royal Smith is a real estate investor and asset protection attorney in Austin, TX. He became an entrepreneur while still in law school, purchasing and running an auto mechanic shop to pay his way through school. After graduating, he begin his law career as a high-stakes corporate litigator. He has spent the last 8 years of his career analyzing real estate investment and asset protection. Today, he is the Founder and CEO of Royal Legal Solutions, a firm he built to offer tax, business and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protecting strategies to help circumvent debilitating lawsuits for his clients. Top 3 Value Bombs: 1. An LLC creates a barrier between you and your money, and anybody who tries to come after you. 2. Before you start the day, write down the one thing that you have to do today - that if you only do that one thing, you can say that the day was a success. 3. As an entrepreneur, you can't allow cash to stand in the way of you being able to create value for your customers. Sign up for your $149 Roadmap Consultation with Scott and after the consultation you'll receive an Anonymous LLC for free! - Royal Legal Solutions Sponsor: HubSpot: Customer expectations are at an all-time high, and making things easy is how you'll win. Learn more about how HubSpot can help your business grow better at HubSpot.com.