All Forum Posts by: Account Closed

Ok. I'm brand new to investing, meaning, I've never invested. I have an LLC out of Arizona (formed back in 2014), but never used it and have never paid any fees on it (maybe because I've never used it) and my LLC in Arizona is still in good standing. I've since relocated to Missouri and am looking at opening an LLC not only in Missouri (primary state of investing), but in Illinois, Kentucky, Tennessee and a couple other states. You might want to check out Clint Coon (attorney for Anderson Business Advisors out of Nevada) and just watch the informational videos that he has out. He's not only the co-founder of a business law firm, but he's also a real estate investor. I'm not going to lie to you, after reading some of the posts on here, I'm disappointed to see some of the posts that don't seem to be thinking ahead. I've mentioned in a post that I started I want to have asset protection. Now I don't know all the ins and outs because I'm not an attorney, but Clint Coon is. One of the posts suggests that getting insurance should be sufficient. Well, I beg to differ on that specifically because what about issues that are not covered by insurance (i.e. mold). I thought about this before when I was looking at buying a house and was concerned about mold (besides other possible issues). Insurance doesn't cover mold nor does insurance cover a greedy tenant. I'm structuring my company first and then beginning my investing. In the end, no one in here that's willing to settle for anything other than asset protection (and good protection at that) is going to lose MY business if I don't protect it. There are many great reasons to have good asset protection and not any real good reasons not to. In closing, think about this. Do you want to be on this forum in a few months or years down the road possibly writing posts about having to re-build a company that you lose because you didn't have asset protection? No one is going to possibly lose your company except for you if you risk it. Food for thought.

I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the company that I'm considering going with at this time. One of the attorneys (Clint Coon) has some youtube videos out where he specifically address the various forms of asset protection, anonymity compliant states and charging order protection states. He's also a real estate investor and isn't the only one in his firm that is an investor. I'm not only inquiring about Anderson (so this post is partially redundant), but I'm also inquiring as to if anyone has use any other business firm for asset protection and what they think of any other firms. At this time, (to establish background), I'm an Entrepreneur (not an investor yet) with an LLC out of Arizona (formed back in 2014), but have recently (December 2016) relocated to Missouri. At this time, I plan to keep my Arizona LLC until I run across legitimate information advising otherwise. So I'm looking at either opening an LLC in Missouri or filing for a foreign LLC to run in Missouri from Arizona. Why keep Arizona? Because not only I do plan to do investing there, but also want to be able to counter-sue any illegitimate lawsuits from greedy people in Arizona. I can't do that if I'm not registered to do business in that state. So, for MY investment purposes, I'm looking to open my initial LLC in Missouri (as previously stated) and then to expand my company to Illinois, Tennessee, Kentucky and possibly Arkansas while I consider Georgia as well. Based on information that I've received (yes, from Anderson in one of his public videos not direct advisement from his firm), I'm looking at opening a Nevada or Wyoming LLC and then making my Missouri LLC and member (if that's the right term) of that LLC because of anonymity that Wyoming and Nevada provides. I need a good asset protection company/firm that can handle this. Of course this can be expensive for me ,but I'm thinking I'll get all the information and then decide if this the route I want to go for my company. What I do not want is to be on here months or years from now posting that I lost my company because I didn't have asset protection. I'm interested in protecting any company that I own, but the bigger the company that I build, the more I'm interested in protecting my baby that I'm growing from the ground up. For anyone curious, I searched the BBB and while Anderson does have an A+ rating, there are no reviews or complaints that have been filed with them.

As one person put it, what appears to be one glowing thread, however, when that person is the only one who's had any extended experience with Anderson, they've EARNED that credibility. I've watched Clint Coon videos and this guy seems to know what he's talking about. I have no hired Anderson, but am seriously considering it after watching their videos. Think about this, what do you want to hear, how someone who didn't use a firm like Anderson lost everything because they didn't use asset protection? Maybe a not-so-glowing testimonial from someone who didn't have asset protection would benefit us (sarcasm). Most don't look for asset protection or think it's necessary until they get hit with a lawsuit (i.e. mold). In today's lawsuit-trigger-happy society, asset protection is actually a small price to pay as opposed to having my company dissolved or ripped out from under neath me. If a post telling us how they lost everything would give us a testimony of how NOT having asset protection cost them, why wouldn't a post telling how they're company was well structured not benefit us. Sounds like a lot of skeptics to me. But, in the end, those skeptics aren't in my shoes or the ones faced with losing MY company if I get hit with a lawsuit. Watch Clint Coon's videos on youtube and decide for yourselves. Keep this in mind, he knows what he's talking about regardless of whether we think he does or not. Any skepticism here in this forum does not mean he's any less qualified to do his job. The only skepticism it shows is your unwillingness to accept some great asset protection advice or coverage via platinum or any other package. For those questioning LLC's in only certain states, Coon answers that question in one of his own videos. He literally puts himself in the shoes of not only the plaintiff of any possible case, but in the plaintiff's attorneys shoes showing how no attorney would even likely pursue a case with a properly structured LLC in anonymity compliant states and how certain states offer charging order protection. I'm curious as to what the posts on here would be if someone got hit with a law suit and didn't have good asset protection that not only an experienced business law attorney firm can provide, but attorney's that invest in real estate themselves. As I said, no one skeptical person in this forum that's responded is the one who's losing MY real estate investment business if I get hit with a lawsuit. As for the glowing response, I'll take the glowing response (since they're the only one who's had an extended experience with Anderson).