How To Protect Your First Rental Property (Step-by-Step)

Thinking about buying your first rental property? In this video, I'll walk you through a simple protection plan so you can sleep at night and keep your savings safe. Would you like to learn more about protecting your assets? Schedule a free consultation here 👉 https://aba.link/b8z You’ll learn when to use an LLC, how land trusts fit in, the right way to set up insurance and bank accounts, and what to do before you sign anything. Clint breaks down three financing paths—conventional, DSCR, and cash—and shows step-by-step structures (including a Wyoming/Montana privacy stack) that actually hold up when it counts. Stick around for tips on handling contractors, personal guarantees, and safeguarding your “safe assets.” Ready for personalized help? 🔔 Don't forget to subscribe for more insights on real estate investing and business strategies! Show Notes: 0:00 Intro 2:26 Path 1: Conventional loan rules (Fannie/Freddie) 5:09 Freddie/Fannie loan lookup tools 7:39 Move the trust into your LLC (how & why) 9:08 Privacy stack: Wyoming holding LLC + property-state LLC 12:42 Path 2: DSCR loans—close directly in an LLC 14:31 Path 3: Cash + future refi—why to close in your name 16:30 Separate banking for every entity 17:55 Outro --------------------------------------------------------------------------------------------------------- FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/x57 ~~~~ FINANCIAL PLANNING & RESOURCES Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/id0 📚 Order Your Copy of "Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors" Here: 👉 https://aba.link/nxtlvl For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba Here’s a little about me and my book Asset Protection for Real Estate Investors https://aba.link/clintbio ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth. --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #llc #rentalproperty #wyomingllc #assetprotection #clintcoons