
Episode 80: Scott Smith Royal Legal Solutions
12/30/20 • 57 min
Welcome back to the show! Today, I bring you another epic interview. This time, I get the chance to speak with Scott Smith of Royal Legal Solutions. If you’re a real estate investor, Scott’s business is a one-stop shop; he handles all kinds of legal issues that come up with real estate investing.
Tune in to hear this really high-value episode and don’t forget to take notes!
Minute Markers:
[03:54] Scott describes his core team in Austin, TX.
[04:29] Defining his ideal client.
[06:10] His current holdings and what made him get into real estate investing.
[09:10] Why people are mistaken about lawsuits.
[11:43] How Rich Dad, Poor Dad influenced him.
[18:26] Why the commercial space is so hot right now.
[20:47] Why outsiders have the most sound advice.
[24:30] Belonging to a group.
[27:20] Why energy and intelligence aren’t everything.
[29:07] Finding a repeatable model of success.
[33:15] The damage other people’s pain and fear causes.
[37:25] Scott’s favorite app.
[40:34] How much sleep Scott tends to get.
[42:15] The book Scott is reading right now.
[44:50] Why family is important.
[49:50] Forming a non-profit.
Links and ResourcesThe Four Disciplines of Execution
Ask Cory a QuestionWant to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.
Who do You Want to Hear From?Name some folks I should get on the show! Hit me up:[email protected] and I’ll do my best to get them on.
Did you get your FREE investing guide?
TEXT the word PROFIT (38470) to immediately receive your FREE Investing Quick Start Guide!
JOIN The Elite Real Estate Investor’s Board of Directors
Connect HerePlease check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.
Welcome back to the show! Today, I bring you another epic interview. This time, I get the chance to speak with Scott Smith of Royal Legal Solutions. If you’re a real estate investor, Scott’s business is a one-stop shop; he handles all kinds of legal issues that come up with real estate investing.
Tune in to hear this really high-value episode and don’t forget to take notes!
Minute Markers:
[03:54] Scott describes his core team in Austin, TX.
[04:29] Defining his ideal client.
[06:10] His current holdings and what made him get into real estate investing.
[09:10] Why people are mistaken about lawsuits.
[11:43] How Rich Dad, Poor Dad influenced him.
[18:26] Why the commercial space is so hot right now.
[20:47] Why outsiders have the most sound advice.
[24:30] Belonging to a group.
[27:20] Why energy and intelligence aren’t everything.
[29:07] Finding a repeatable model of success.
[33:15] The damage other people’s pain and fear causes.
[37:25] Scott’s favorite app.
[40:34] How much sleep Scott tends to get.
[42:15] The book Scott is reading right now.
[44:50] Why family is important.
[49:50] Forming a non-profit.
Links and ResourcesThe Four Disciplines of Execution
Ask Cory a QuestionWant to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.
Who do You Want to Hear From?Name some folks I should get on the show! Hit me up:[email protected] and I’ll do my best to get them on.
Did you get your FREE investing guide?
TEXT the word PROFIT (38470) to immediately receive your FREE Investing Quick Start Guide!
JOIN The Elite Real Estate Investor’s Board of Directors
Connect HerePlease check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.
Previous Episode

Episode 79: Gene and RAL
Welcome back to the show, my party people! It’s been a while since the last episode, so I thought we’d dive right back in with a really hot topic: Residential assisted living.
My guest, Gene Guarino, an expert in the field, is going to explain to us how we can turn a residential home into an assisted living facility. It’s a fascinating conversation and what he has to say will blow your mind.
Tune in to hear how many ways you can skin this cat!
Minute Markers
- [03:45] Gene introduces himself and describes his ideal client.
- [04:55] His foray into the world of assisted living facilities.
- [06:48] Gene’s prior career running a music school.
- [08:51] Why cash flow is better than equity value.
- [10:05] Gene’s big challenges getting into the assisted living business.
- [15:04] Your best asset as a businessperson.
- [16:01] The two parts to what Gene does.
- [17:15] Shooting for 20-30% profit.
- [19:41] Clarifying the terms of this business.
- [22:46] Gene’s favorite motivational quote.
- [23:07] Gene’s book recommendation.
- [24:15] Gene’s favorite app. Tunity
- [26:28] Why he chooses to work in the assisted living field.
- [27:12] What makes him feel grateful.
Want to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.
Who do You Want to Hear From?Name some folks I should get on the show! Hit me up:[email protected] and I’ll do my best to get them on.
Did you get your FREE investing guide?
TEXT the word PROFIT (38470) to immediately receive your FREE Investing Quick Start Guide!
JOIN The Elite Real Estate Investor’s Board of Directors
Connect HerePlease check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.
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