Can you do videos or webinar on starting your own Private equity fund to raise capital for real estate deals and what the differences are to start a Private debt fund instead
Thanks for the suggestion! I’ll definitely consider creating a video or webinar on starting a Private Equity fund and the differences with a Private Debt fund.
Question, Clint. At the end of the video you mention a preference to have separate WY LLCs for financial accounts and syndication interests. Can you shed any light on the thinking behind this?
I like to keep these assets separate from my real estate assets. I think of it as preventative in case a creditor was able to get through one of my RE LLCs he would not have access to my cash. Also I have addressed these entities in my estate plan and I have different distributions plans for each box.
Great video, thank you Clint. Makes me think because a few years ago, I created a NY single-member LLC to hold my interests in multi-member LLCs located in other states. Does the NY SMLLC add any useful asset protection, or did I make things worse than if the LLC interests had been held in my own name because now a creditor can sieze the holding LLC?
Amazing video like always, thanks a lot Clint please continue to do video like this please.
I'm really glad you enjoyed the video and I appreciate your support
Can you do videos or webinar on starting your own Private equity fund to raise capital for real estate deals and what the differences are to start a Private debt fund instead
Thanks for the suggestion! I’ll definitely consider creating a video or webinar on starting a Private Equity fund and the differences with a Private Debt fund.
Brilliant strategy. Thank you so much
Glad you liked it
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Question, Clint. At the end of the video you mention a preference to have separate WY LLCs for financial accounts and syndication interests. Can you shed any light on the thinking behind this?
I like to keep these assets separate from my real estate assets. I think of it as preventative in case a creditor was able to get through one of my RE LLCs he would not have access to my cash. Also I have addressed these entities in my estate plan and I have different distributions plans for each box.
Great video, thank you Clint. Makes me think because a few years ago, I created a NY single-member LLC to hold my interests in multi-member LLCs located in other states. Does the NY SMLLC add any useful asset protection, or did I make things worse than if the LLC interests had been held in my own name because now a creditor can sieze the holding LLC?
It does not. Best to use a WY LLC