Show notes
Rich sits down with Mauricio Rauld - Real Estate Syndication Attorney and Founder/CEO of Premier Law Group. Known as one of the few lawyers that actually speaks English, Mauricio helps real estate syndicators, and those looking to tokenize their real estate offerings, stay out of jail by ensuring full compliance with Federal and State securities laws. Mauricio was recently featured on the cover of the Top 100 Magazine as a Top 100 Attorney and has previously been recognized as one of the top California attorneys under 40 by SuperLawyers magazine.Mauricio acts as legal advisor to KenMcElroy.com (Rich Dad Advisor and owner of 10,000 Units) and represents real estate syndicators, like Robert Helms (host of TheReal Estate Guys™ Radio Show) and Brandon Turner (former host of the Bigger Pockets podcast).Rich and Mauricio start off by discussing Mauricio’s plan for a new podcast, how Bethany LaFlam introduced Rich and Mauricio, how Bethany and Mauricio met, how to structure LLCs to prevent from liability, the definition of an LLC, non-charging states and how they vary, new LLC changes under the Corporate Transparency Act, the various filing companies to use, prime corporate services, major updates to asset protections and charging orders in 2024, and the benefits of having living trusts.They then reflect on the differences between a will and a trust, the differences between a revocable and irrevocable trust, the issues with only having an insurance policy, an incident that happened at one of Rich’s properties, umbrella policies, being diligent when filling out paperwork and insurance claims, syndicating with multiple investors, paying other to raise money for you, raising money for boutique hotels, being a passive investor, accredited and non-accredited investors, pre-existing relationships according to the SEC, 506b and 506c exemptions, documenting every step of the way, if social media is considered advertising, the steps to switching between exemptions, advertising under 506c, syndicating for boutique hotels, and keeping an open fund. Lastly, Rich and Mauricio talk about Grant Cardone, Reg A exemptions and how they work, debt funds, and potentially creating a boutique hotel mastermind event with InvestorGirlBritt.Connect with Mauricio on Instagram: @mauriciorauldBook a free call with Prime Corporate Services to create a business strategy primecorporateservices.com/richsomersJoin our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.