5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Scott Royal Smith - How To Achieve Financial Independence and Live a Rich Life
Scott Royal Smith is a Real Estate Investor and Asset Protection Attorney. While still in law school, Scott became an entrepreneur -purchasing and running an auto mechanic shop to pay his way through school. He spent the last 10 years of his career analyzing Real Estate Investment and Asset Protection.
This present day, Scott is the founder and CEO of Royal Legal Solutions; a firm he built to offer tax, business, and legal strategies to clients all over the U.S and Canada. He continues to educate the public on asset protection strategies to help circumvent debilitating lawsuits for his clients. He discusses the importance of being a good steward of capital and why it’s so important to have an attorney with investment experience on your side.
[00:00 - 06:33] Opening Segment
- Introducing Scott to the show!
- Scott shares his story of how he became an investor
- He helps other real estate investors achieve success
[06:34 - 20:55] How To Achieve Financial Independence and Live a Rich Life
- Scott says that you can achieve great things if you start by helping others
- Understanding the playbook of how to go from zero to 10
- The steps to wealth creation
- The 4 key areas to be considered when building wealth are:
- Asset protection
- Estate planning
- Tax and Insurance
[20:56 - 37:33] Asset Protection and Building Wealth The High North Way
- Asset protection
- An umbrella policy can protect you from lawsuits
- Having a living trust can help ensure that your family is taken care of after your deat
- Does your company/organization need to be an LLC?
[37:34 - 46:46] Closing Segment
- Scott believes that’s why we think we’re so successful is because we’re taking the high-net-worth mentality and applying it to everyone, even if they don’t know it
- See the links below to connect with Scott!
Quotes:
"We always focus on is education to action, which means we have to understand who you are, where you're at, what the next steps you're going to.” - Scott Royal Smith
"The problem itself is really understood all the way from the very beginning to owning absolutely nothing to having a hundred million dollars." - Scott Royal Smith
“What you build now works perfectly now for what you're going to need in the future." - Scott Royal Smith
Connect with Scott through LinkedIn & Royal Legal Solutions!
Connect with me:
Watch 5T CRE on YouTube
Leave us a review and receive your free ebook
Email us --> abel@5tcre.com
5 TALENTS CAPITAL | ABEL PACHECO
If you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:
- View our informational video and case study at https://5talents.capital/grow-your-wealth/
- After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco.
- Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.
