121 episodes

Tired of feeling out of your depth when looking over real estate deals? Learn from the pros in our Contract Forensics episodes. Real estate attorney Scott Smith will be interviewing professional real estate investors and CPAs as they break down deals. Learn the basics of contracts, tips and tricks for success, and some of the fine print and common mistakes that turn money-makers into money-pits. Listen in for great advice, big personalities, and great conversations about real estate investing. You don’t have to go it alone: let our dream team show you how to build your real estate empire.

Real Estate Nerds Scott Smith

    • Business
    • 4.9 • 35 Ratings

Tired of feeling out of your depth when looking over real estate deals? Learn from the pros in our Contract Forensics episodes. Real estate attorney Scott Smith will be interviewing professional real estate investors and CPAs as they break down deals. Learn the basics of contracts, tips and tricks for success, and some of the fine print and common mistakes that turn money-makers into money-pits. Listen in for great advice, big personalities, and great conversations about real estate investing. You don’t have to go it alone: let our dream team show you how to build your real estate empire.

    Season 2 Episode 43: Filing Taxes as Partners with a LLC or Series LLC with Pete Schindele

    Season 2 Episode 43: Filing Taxes as Partners with a LLC or Series LLC with Pete Schindele

    Have you wondered how you would file taxes if you had or formed a partnership through an LLC or Series LLC? Partnerships are required to file additional documentation with the IRS called form 1065.
    An entity owned by two or more people is considered a partnership by the IRS. The one exception is if the partners are married. In this case, married partners may choose to file a joint personal tax return and forgo form 1065. However, there may be advantages to filing form 1065. Find out why you might want to file form 1065, even though you technically don't have to, in this session of Royal Investing with Pete Schindele.

    • 38 min
    Season 2 Episode 42: Essential Estate Planning Actions for Unmarried Partners with Richard Bechtol

    Season 2 Episode 42: Essential Estate Planning Actions for Unmarried Partners with Richard Bechtol

    There are many reasons couples decide not to get married. Some choose to live together before getting married, while others see no need to walk down the aisle to make the relationship official. According to a Pew Research study, there is a growing acceptance of cohabitation in America.
    The study also revealed that the number of adults in the U.S. who are currently married is down from 58 percent in 1995 to 53 percent today. Over the same period, the number of Americans living with an unmarried partner increased from 3 percent to 7 percent.
    In spite of these trends, unmarried couples may not realize that they do not have the same legal rights as marriage partners. This presentation will explore estate planning for unmarried couples and why it should be a priority for you and your significant other.

    • 22 min
    Season 2 Episode 41: Entity Structures to Protect Business Partners with Jason Marino

    Season 2 Episode 41: Entity Structures to Protect Business Partners with Jason Marino

    Are you considering partnering with someone in a business venture but don't know how to ensure you will both be protected? Listen in on this session of Royal Investing with Jason Marino, Royal Legal Solutions staff attorney. Jason breaks down the best practices for structuring your business with partners to maintain anonymity and liability protection using a Series LLC or Delaware Statutory Trust (DST).
    After a brief overview, attendees shared their thoughts and posed questions specific to their situations.

    • 20 min
    Season 2 Episode 40: Stop Bleeding Leads by Using a Virtual Assistant with Special Guest Bob Lachance

    Season 2 Episode 40: Stop Bleeding Leads by Using a Virtual Assistant with Special Guest Bob Lachance

    Running a business can take a lot of energy and often requires an owner wears many hats. Growing, even maintaining your business, largely relies on a consistent stream of new leads. Generating leads can be a time-consuming endeavor to tackle solo and cause burnout. Even worse, when an owner is spread too thin, good leads pile up and result in lost opportunities.
    Listen to this episode of Royal Investing to learn how to stop bleeding leads by using a virtual assistant. Bob Lachance of REVA GLOBAL joins us to discuss:
    How to get your time back and lock in more deals by using a virtual assistant
    Best ways to generate motivated seller leads
    Best tasks to outsource to a virtual assistant when getting started
    Are you ready to stop losing leads and allow more time to focus on income-producing tasks?

    • 35 min
    Season 2 Episode 39: How Land Trusts Reduce the Risk of Lawsuits with Scott Royal Smith

    Season 2 Episode 39: How Land Trusts Reduce the Risk of Lawsuits with Scott Royal Smith

    This session of Royal Investing opened with a quick presentation about tax implications relative to land trusts. Not all trusts are required to file taxes. Revocable trusts are the simplest to set up and have no impact on your tax filings.
    The remainder of the time involved a QA session with attendees. Scott provided valuable insight on a variety of land trust questions, including:
    Does a land trust need to be listed on my insurance policy and an additional insured?
    How does a land trust add a layer of asset protection?
    Who should sign as the trustee to maintain anonymity?
    How does discovery work if a litigation attorney is considering taking a case?
    Can I do anything to protect my assets if I am already involved in a lawsuit?... and more!

    • 8 min
    Season 2 Episode 38: Insurance Basics for Real Estate Investors and QA Session with Scott Royal Smith and Aaron Porter

    Season 2 Episode 38: Insurance Basics for Real Estate Investors and QA Session with Scott Royal Smith and Aaron Porter

    Aaron Porter, Royal Legal Solutions Insurance Manager, met with the group today to discuss how Land Trusts relate to insurance and an overall asset protection plan. As with any asset of value you own, you will want to protect it from lawsuit and mitigate risk of loss or damage.
    Listen to learn about the different coverage levels available for property insurance: what they include and what they don't. Did you know? By spending just a few more dollars a month, you can get the best coverage available vs. buying a budget policy that might leave you in a bad situation should the unexpected arise.
    Hear from attendees as they share some of their hard-learned lessons involving gaps in arson and fire damage coverage. Find out which benefits may have the most significant impact on total cost.
    You may have wondered if a property owned by a land trust for the benefit of anonymity needs insurance coverage. Does the trust name need to be listed on your policy? Absolutely. Your claim will be denied if the land trust is listed on the deed but not in your policy.
    Aaron shares best-practices to get the most coverage at the best price.

    • 31 min

Customer Reviews

4.9 out of 5
35 Ratings

35 Ratings

Karen @ Interview Valet ,

Great show

If you are interested in Real Estate Investing, this is a great show to dive into and learn from experts who share their experiences with you.

tommye w-c ,

Great!

Incredible real estate information in every episode.

Topical Todd ,

A great listen!

A great real estate podcast and a great way to learn from other’s mistakes (or victories) for your future real estate endeavors!

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