Assist Protection, Insurence isn’t enough?

[William Orrock]

I went to an investor meet up and we met with a lawyer who was telling us that regular Insurence is not enough. He said that you want to have an LLC to protect your assets in case something was to happen related or not related to your real estate investments. He said that in a court case the 1st things that a lawyer looks for is if you have anything worth value that they could sue you for. He also said that if the LLC is not set up correctly it could be useless, better to have no LLC than a messed up one. I want to invest, but this kind of takes the fun out of it a bit. Thoughts anyone?