Need advise on how to set up best and practical asset protection.

Does anyone know of an incubator program, retreat, or local advisor that is geared toward the real estate investor? 

When in doubt I'd advise to extend a closing and pay a professional in their respective field to make sure you are protected. 

Hi @Parney Willson, my short answer is that there is easier and less risky money to be made in real estate than buying a condo with a rent stabilized tenant, in NYC.1) Condo - lots of additional due diligence needed on the condo association and risk to you if others do not keep up with their dues2) Rent Stabilized tenant - NYC recently implemented a new set of regulations called the Statewide Security and Tenant Protection Act 2019.

For example, if there is only 20 to 25% equity in the properties (that is a protection), there's nothing much for anyone to get in a lawsuit.

The joint venture process won't give you the same asset protection though.

The only drawback I have found in this method is I may loose the Liability protection on my Parent LLC if one of the other LLCs has a problem since it would be listed as a Member.

Hi BPer's,So I'm attempting to take on my first investment (fix and flip). I have 2 other partners on this project. 1 of which is my current business partner in our renovations company. The other is an investor I foun...

I also have a security system in the safe room to protect it.

Protect the cashflow from Higher Interest Rate in the Future.