Investing in Real Estate with Clayton Morris | Investing for Beginners
Investing in Real Estate with Clayton Morris | Investing for Beginners

Investing in Real Estate publishes three times a week! It's a show hosted by Clayton Morris with a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. If you want to learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth then subscribe today.

If you're thinking about getting started in the real estate industry, chances are you're considering a lot of options. One popular real estate strategy is flipping houses. Is flipping houses a good investment strategy? That's the first question I'm answering on today's Q&A episode! On this encore episode of Investing in Real Estate, I'm answering three of your great questions about flipping, offsetting tax liability after a 401k withdrawal, and options for getting started investing with $25k.
The end of the fiscal year is a great time to assess your goals and add a rental property to your portfolio. Buying before the end of the year can help you build your net worth and take advantage of the tax benefits of buying real estate. On today's show, I'm going to share everything you need to know about buying a rental property before the end of the year. You're going to learn the exact steps you need to take if you want to make your goal happen, as well as the top benefits of buying real estate by the end of the year.
When I wrote my book How to Pay Off Your Mortgage in 5 Years, mortgage rates were at a historical low. Since rates have risen in the past year or two, does it still make sense to use a HELOC to pay off the mortgage on your primary home? That's the first question I'm answering on today's show! This encore episode features three listener questions on paying off your mortgage, returns on our done-for-you rental properties, and how to find a lender willing to lend on investment properties. Click play to hear my answers to your real estate investing questions!
Big trouble is ahead for many banks that have commercial real estate in their portfolios. Federal Reserve Chair Jerome Powell warning, “there will be bank failures” at the Senate Banking Committee in early March. Due to declining values and defaulting loans in the commercial real estate space, smaller banks are feeling the pinch. Specifically, small and midsize banks could collapse in the coming months. On today's show, we're going to discuss this issue and what it means for you.
What does it take to become a Section 8 Landlord? Do you have to get pre-approved? And if so, what does the process look like? That's the first question I'm answering on this encore Q&A episode! On today's show, I'm taking three of your great questions on Section 8 rentals, how to get funding to grow your portfolio, and how to buy gold and silver. I'll also cover topics like diversifying your portfolio, signs of a recession, and why now is a great time to buy tangible assets. Click play to learn more!
There’s a huge problem impacting our economy and we need to talk about it – Americans are absolutely drowning in credit card debt. In the fourth quarter of 2023, Americans’ total credit card balances increased by $50 billion, reaching a total of $1.129 trillion, according to data from the Federal Reserve Bank of New York. In fact, consumer debt is at its highest balance since the New York Fed began tracking data in the 1990s. On today's show, we're going to dive in what's going on with the state of credit card debt in the US. We're going to talk about delinquencies, interest rates, and much more. If you want to know more about consumer debt and how it's impacting the daily lives of Americans, tune in to this episode!
Banks have been tightening their lending standards for a while now, and investors are finding it harder and harder to find lenders willing to give loans on rental properties. Today's first caller has contacted 30 banks to find a HELOC on an investment property, and still came up empty handed. What should his next move be? That's the first question I'm answering on this Q&A episode! On this encore episode of Investing in Real Estate, I'm answering three of your questions on finding a HELOC for a rental property, how to decide if you should pay off mortgages, and the best way to tap into equity on a rental property. I'm also giving an update on the economy, the middle class, and what smart investors can do to protect themselves during this time.
With home prices rising US homeowners have gained an incredible amount of home equity. On today's show, I'm going to be sharing the latest data on home equity, and what homeowners can do to take advantage of this massive increase in wealth. As I've always said, real estate is the number one way to build wealth in the United States. This massive jump in equity is a testament to the power of buying real estate. Click play to learn more about home equity, buying rental properties, and creating wealth!
What can be done with an old 401k? Is there any way to use it to invest in real estate? That's the first question I'm answering on today's show! On this encore episode of Investing in Real Estate, we're going to talk about the future of the US dollar and how it relates to real estate investing. Then I'll answer three of your great questions about investing with an old 401k, UBIT taxes for self-directed IRAs, and how to make a return on investment if you don't have enough funds to buy a rental property. Click play to hear more!
Here's a question I hear a lot: should I pay off my mortgage, or invest that money instead? Both strategies can yield incredible results for your budget, your family's future, and your overall finances. Unfortunately, there's hardly ever a straightforward answer, but on today's show I'm going to help you weigh your options. On this episode of Investing in Real Estate, we're going to talk about the benefits of investing, as well as paying off your mortgage. I'm going to give you a few main points to consider before you make this decision.
There's not one clear, defined path to building wealth. When faced with a decision, you should always analyze your entire financial snapshot, including your Freedom Number. Today I'm sharing how you can assess whether or not to sell a rental property—and more! On this encore episode of Investing in Real Estate, I'm answering three of your questions on deciding what to do with a paid off property, options for non-recourse financing, and how to find wholesaling leads. Press play to hear my answers to your questions!
The promise of The American Dream has long attracted people from all over the world to build a better life for themselves and their families. The American Dream promises that if you just work hard enough, you can have the life you want. Yet there are Americans working full, long careers and still can’t afford to make ends meet when it’s time to retire. On this episode of Investing in Real Estate, I'm going to discuss how The American Dream is collapsing before our eyes. We're going to cover the history of The American Dream, how the retirement system has transformed, and my favorite tool you can use to build a comfortable life for yourself and your family.
Today's first caller is thinking about his retirement plan. It's become harder than ever to build a solid retirement plan that can weather the ups and downs of the economy. What's the best way to make sure your retirement is both secure and growing? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! This episode features three of your great questions on building a secure retirement, the purpose of using LLCs for real estate investing, and what to consider before you seek out private money. I'm also going to discuss inflation, the US dollar, and more. Click play to hear my answers to your questions!
Anytime I talk about the downfalls of the popular retirement plan, the 401k, there’s always a few people in the comment section protesting. If you’re one of the lucky few that has been able to build a large retirement savings inside a 401k, that’s great! But unfortunately, this isn’t the norm. Most people who put money into a 401k aren’t able to save enough to fund a comfortable retirement. There are many reasons why the 401k fails investors, and I have plenty of videos I can direct you to if you’d like to learn more about this… But if you’re squirreling your extra dollars into a 401k, blindly wondering if it will be enough for retirement, today’s show is for you. We’re going to cover a few ways you can tell if your 401k sucks.
What's the best way to transform a liability (like your primary residence) into performing assets? That's the first question I'm answering on this Q&A episode! On this encore episode of Investing in Real Estate, I'm tackling three listener questions about using home equity to buy rental properties, the best states to live and invest, and how to decide whether a renovation project is better suited for flipping or renting. Press play to hear my answers to your burning real estate questions!
The middle class has been slowly disappearing for a number of decades now. Over the past 50 years, the percentage of Americans in the middle class plummeted from 61% to 50%. And I’ve got to tell you: I only see it getting worse from here. Of course, there are a number of systemic and economic factors that go into this tightening of the middle class. For one, inflation over the past few years has hit the middle class especially hard. But there are also a handful of big mistakes people make that hinder their progress toward financial freedom. Today we’re going to explore 5 major money pitfalls that the middle-class faces. If you’re ready to transform your financial situation and start building wealth, this episode is for you!
Since HELOCs can be difficult to find on an investment property, what's the best way to access the equity on a rental? In what scenarios would a cash out refinance be a better option? That's the first question I'm answering on today's show! On this encore episode of Investing in Real Estate, we're going to discuss the future of digital currency, and how to protect yourself from the decline of the US dollar. I'm also tackling your questions about home equity, buying an investment property in a college town, and how to build your portfolio with a bad credit score. Click play to hear my answers to your real estate questions!
Did you know that there’s one thing that will dictate your success in real estate investing more than any other factor? It’s not your finances or your credit score. It's your mindset that will determine your outcomes. The good news is: is it’s absolutely free to change your mindset. So on this episode of Investing in Real Estate, I’m going to share five mindset shifts you need to undergo in order to reach your real estate investing goals. Click play to learn five mindset shifts you need to learn to reach your goals.
Should you use your cash reserves to buy real estate, or is it a better strategy to use bank financing? And which method offers better tax benefits? That's the first question I'm answering on today's show! On this encore episode of Investing in Real Estate, we're going to talk about the state of the economy and the current value of the US dollar. Then, I'll dive into your questions on the benefits of financing a real estate purchase, determining monthly rental rates, and finding HELOCs on rental properties. Click play to hear my answers to your best real estate investing questions!
So you want to invest in 2024? You’re probably wondering the best route to take. There are a multitude of strategies and investment types out there – and if you’re just searching on Google or YouTube, you’re going to find a lot of conflicting advice. On today’s show, I’m sharing four smart investments you can make to start building your net worth. I believe there's a strategy in this list that can work for everyone. Click play to learn more on this episode of Investing in Real Estate!
Today's first caller asked about investing during times of high inflation. As the dollar loses its value, is it wise to continue buying rental properties? Or would it be better to wait out the current economic cycle? That's the first question I'm answering on today's show! On this encore episode of Investing in Real Estate, I'm taking three of your great questions about investing in times of inflation, paying back hard money loans for a fix and flip deal, and how to get started investing in stocks. I hope this episode brings you the insight and education you need to take the next step in your wealth building journey.
Your parents and grandparents probably lived by the idea of working hard at a 9-5 job, saving money inside traditional savings accounts and a 401k, and then enjoying the fruits of their labor at retirement. But so much has changed in our society in recent generations, and most people today are not seeing healthy retirement balances. Today we’re going to unpack some of the flawed thinking behind retirement, and I’m going to share the early retirement vehicle I personally used to escape the rat race and begin building passive income.
How do you know if it's a good strategy to buy assets with your home equity? And given higher interest rates, would it be better to invest in real estate or commodities like gold and silver? That's the first question I'm answering on today's Q&A episode! On this encore episode of Investing in Real Estate, we're going to talk about the pent up demand for housing in the US. Then, I'm taking three of your excellent questions on leveraging a HELOC to buy assets, house hacking a full-service rental property, and ways to buy gold and silver. Click play to hear my answers to your questions!
If you’re thinking about tapping into your home’s equity with a HELOC, or home equity line of credit, there are some things you should know. Some of the best strategies, tips, and tricks around using a HELOC are not well known. On today’s show, I’m going to walk you through some of the hidden secrets you should know in order to successfully utilize a HELOC. This is the kind of financial education from your banker or financial advisor, so click play to learn more!
Is it possible to invest in real estate with a bad credit score? What are the best financing options for investors without optimal credit? That's the first topic I'm answering on today's Q&A episode! On this episode, I'm taking three of your great questions on credit scores, selling rental properties, and using home equity to but assets. Click play to hear my answers to your questions!
There’s a whole wide world of financial advice out there – some good and some bad. Depending on your financial goals, certain advice could steer you in the wrong direction. On this show, my goal is to give you a financial education that’s based on the principles of building a high net worth through performing assets. So with those goals in mind, today we’re going to cover 5 common financial myths you need to unlearn.
If you've ever tried to move money out of a traditional retirement account in order to invest in a self-directed IRA, you'll learn very quickly that your custodian won't be too fond of this idea. This happened to today's first caller, and it happened to me too! This is the first topic I'll be diving into on this Q&A edition of Investing in Real Estate! Today, I'm listening to three of your great voicemails! We're going to discuss topics like moving money out of retirement accounts, selling. a house for cryptocurrency, and buying homes for future investments. Click play to hear my answers to your great questions!
More and more people are realizing that traditional retirement advice, like using a 401k or relying on Social Security, is severely outdated. This old school advice once helped generations before us create a comfortable retirement plan, but it can no longer keeping up with our modern world where the cost of everything is rising. Your 401k and similar account types can really take a beating in times of inflation. At Morris Invest, we love educating investors about the freedom a self-directed IRA can provide, but the self-directed IRA is not a free-for-all. Like any investment type, it’s critical that you know what you’re getting into before you jump in. So today, we’re going to dive into 10 rules for building wealth with a self-directed IRA.
When you're investing in rental properties out of state, should you go visit them? Today I'm going to share my personal philosophy on this topic, plus explain our company's policy for our investors. On this Q&A episode, I'm answering your question on visiting out-of-state rental properties, buying in overinflated markets, and achieving real estate professional status for tax purposes. Press play to hear my answers to your questions on this encore episode of Investing in Real Estate!a
Over the last several years, I’ve noticed a new fear emerge among investors. Many people are finding themselves hesitant to invest because they worry they are going to get stuck in a bad situation with a tenant who doesn’t pay. Especially after some of the rent freezes and eviction moratoriums of the pandemic era, it’s a valid concern. So on today’s show, I’m going to share the #1 thing you can do to avoid getting stuck in a position with a tenant who doesn’t pay rent: invest in a landlord friendly state. You're going to learn why this one factor is so important, and exactly how to identify a landlord friendly state.
How does our full-service real estate company make money? What types of fees can you expect to pay when you buy a property from our team? On today's show, I'm answering these frequently asked questions, and more. On this encore episode of Investing in Real Estate, you're going to learn how Morris Invest makes money, how to find a sustainable market for real estate investing, and what you need to know about setting up an LLC. Press play to hear my answers to your questions!
If you want to have a passive experience as a real estate investor, one of the most important things you can do is hire a great property management team. In this Ultimate Guide to Property Management for Real Estate Investors, I’m going to share some of best tips I’ve learned in my investing career. We’re going to cover the major benefits of working with a property management company, how to find the right property manager, key questions to ask in order to make sure it’s a fit for everyone, tips for effective communication, and so much more.
What's the best strategy for building a real estate portfolio when you're over 50 and want to grow your retirement fast? That's the first question I'm answering on this Q&A Monday! On today's show I'm taking three listener questions about fast portfolio growth, getting started in real estate with no money, and my best recommendations for tax and legal advice. I hope my advice and recommendations are valuable to you. Please join me for this encore episode of Investing in Real Estate!
A whopping 55% of Americans claim they're behind on their retirement savings.Every year, unfortunate statistics just like this are released. And it just seems to be getting worse. It’s clear that Americans are ill-equipped for retirement. But why does no one talk about the root cause? On this episode of Investing in Real Estate, we're going to unpack five pervasive lies you've been told about retirement. It's time to take back control and build a retirement plan on your terms.
Is it a good idea to withdraw from your 401k plan in order to make a down payment on a rental property? That's the first question I'll be answering on this edition of Q&A Monday! Every Monday, I'm answering three of your engaging questions on the podcast. This episode covers topics like 401k withdrawal, full-service real estate pricing, and zoning issues. I hope today's show answers your burning questions. Join me for this encore episode of Investing in Real Estate!
If you’re an unexperienced real estate investor, are short on time, or you’re planning on investing out of state, one of the best things you can do is work with a proven team that can help you reach your goals. At Morris Invest, our full-service approach to real estate helps investors set clear goals, buy high performing rental properties in the best rental markets, and create financial freedom. We walk our investors though the entire process from start to finish and beyond.. but what exactly does that look like? Today I’m going to pull back the curtain a bit and share some of the major benefits of working with a full-service team like ours. You’re going to learn how our programs help our investors save time, money, and have the most passive experience possible.
Does it make sense to contribute to a retirement account like a self-directed IRA after age 59½? And if so, how soon can you withdraw the cash flow from your rental properties inside of that account? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm answering three listener questions about withdrawing from a self-directed IRA, how to find a HELOC for an investment property, and how to decide what type of property you should add to your portfolio. Please join me for this encore episode!
There's been an enormous change in the real estate market over the last year. Commercial real estate is collapsing. Here to shed light on how this happened is real estate legend, Ken McElroy. Ken McElroy is a long time real estate investor, author, and Rich Dad Advisor. Today, he's back on this episode of Investing in Real Estate to unpack exactly what's going on in the real estate market and his predictions for the future. Click play to hear this incredible interview with Ken McElroy!
If you want to pay off your mortgage before the scheduled payoff date, what's the best way to go about it? Should you utilize a HELOC, leverage other debt, or another method? That's the first question I'm tackling on today's show. On today's Q&A episode, I'm answering listener questions about accelerated mortgage payoff, how to save up for a down payment, and transferring your rental properties into an LLC. You'll also hear a quick rundown of what's new in the world of real estate investing. Please join me for this encore episode of Investing in Real Estate!
Investing in real estate is the number one way to build wealth. However, if you don’t put the right fundamentals in place, it can also be the source of a lot of headaches and financial stress. There isn't a wrong way to invest because every mistake can serve as an important lesson. But if you can learn from the investors who have gone before you, you can save a lot of time and money when you're getting started. On this episode of Investing in Real Estate, you're going to learn five investing red flags to avoid.
Would it be a better use of your money to buy a rental property, or buy a primary residence that you intend to eventually turn into an investment? That's the first question I'm going to answer on this encore episode of Investing in Real Estate! On today's show, I'm answering three listener questions on how to decide if you should buy a rental or a personal home, how to get started in real estate with a small nest egg, and how busy professionals can break into the real estate industry. I hope this episode helps you on your own real estate journey!
Is the real estate market going to crash? In a previous episode, I explained why I predict the housing market will not crash anytime soon.. but today I’m going to share about the REAL impeding market crash: commercial real estate. On this episode of Investing in Real Estate, you're going to learn what's happening in the commercial office space.
If you're ready to invest but your spouse isn't quite sure, what is the best way to make your case? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! Today I'm answering three of your great questions about convincing your partner to invest in real estate, ideas for investing $80k, and how to scale your portfolio after hitting the 10-mortgage limit. Click play to hear my answers to your questions!
When you get into real estate investing, it can be alluring to think about the freedom of time that passive income can afford you. But I see so many investors fall into this trap where they fail to put the right fundamentals in place, and they end up creating a full-time job for themselves. I don’t know about you, but I didn’t begin investing so I could have even less time… So today we’re going to go over my top time-saving tips for real estate investors. These tips are going to help you maximize your efficiency, reclaim your time, and maintain focus on what truly matters to you. Click play to learn more!
With the possibility of bank collapses on the horizon for 2024 and 2025, where is the safest place to hold your wealth? That's the first question I'm answering on this episode of Investing in Real Estate! This Q&A episode features three great questions on safe places to put your money, how to use your property as collateral, and what you need to know about accreditation and investing options. Click play to hear my answers to your investing questions!
We’ve seen mortgage interest rates all across the board over the past few years. From a historical low in early 2021 to a recent peak at 8%, there’s been a lot of fluctuation in the market. And of course, this impacts the housing market in a number of ways. But, do interest rates matter for real estate investing? On today's show, we're going to unpack this question and go into some of the nuances. If you're wondering if you should invest in this current market, click play!
What's the best way to replace your w-2 income with performing assets? On today's show, I'm sharing the first step you should take to start covering your expenses with passive income. This Q&A episode also features questions on reclaiming tax liens, and how to build your support team as a real estate investor. Click play to hear my answers to your questions!
When it comes to creating wealth and achieving financial freedom, investing in real estate is one of the most powerful strategies. But if you’re a beginner, it can be hard to know where to start. Here’s the truth: there’s not one way to build wealth, there’s only YOUR way. This is empowering because it allows you to use your strengths, your resources, and your unique goals to map out a plan. You don’t have to follow someone else’s model, buy a step-by-step program, or do things a certain way to succeed. All you have to do is create your individualized path toward financial freedom -- and that's exactly what you're going to learn on this episode of Investing in Real Estate!
Is it better to hold your rental properties in an LLC or trust? Will transferring your properties into a legal entity trigger a due on sale clause? This is a question we often get, and today I'm going to answer it! On this episode of Investing in Real Estate, I'm tackling three of your questions about rental property ownership, how to move forward as a new investor, and what it takes to invest in US real estate from overseas. I hope this episode clears the air on these topics and encourages you to move forward!
The 401k has had its heyday, and it is never coming back. Many people think of the 401k as the ultimate retirement plan in the US, but the truth is, it’s not a reliable source for retiring in this day and age. On today’s show, you’re going to hear five main reasons why the 401k is doomed. Click play to learn more about your 401k on this episode of Investing in Real Estate!
Here's an age old question for real estate investors: how do you choose a state to setup an LLC in? I'm not a lawyer, but I'm sharing my experience and some resources on today's show! This Q&A episode of Investing in Real Estate features three of your great questions on setting up LLCs, finding a tax accountant who understands real estate investing, and why timing the market can't help you reach your goals. Click play to hear my answers to your real estate investing questions!
On this show, I love to share about the power of performing assets like real estate. Building streams of income with performing assets is a far more sustainable way to create wealth than trading hours for dollars. So if you want to work toward replacing your salary with performing assets like rental properties, this episode is for you. And listen, this isn’t just some pie in the sky idea. I’m sharing the exact formula I used to leave behind my day job – and I’ve watched other investors do it too. Click play to learn how to replace your income with performing assets!
In a market with high prices, what's the best way to find a fairly-priced rental property? On this episode of Investing in Real Estate, I'm answering this question, and more from my voicemail inbox! Today's featured questions cover topics like buying a property at a fair price, my thoughts on buying a second property, and what we do at Morris Invest. Click play to hear my answers to your great investing questions!
If you’re wondering how to fund your next rental property purchase, I know it can be intimidating, especially if you don’t have a big chunk of cash sitting in your bank account. But the beauty of investing in real estate is that there are a multitude of ways to create and grow your portfolio. So in this video, I’m going to share some strategies you can use to acquire your next rental property. These are some of the smartest methods you can use in 2024 to build your net worth, reduce your taxes, and reach your financial goals.
If you had $200,000 to invest, would it be a better choice to buy rental properties or mutual funds? On this Q&A episode, we're going to compare these two scenarios to determine which would be a better long-term investment. I'll also be answering questions on financing with a self-directed IRA, how to prepare to invest in real estate, and how to determine rental rates. I hope this Q&A empowers and educates you on your real estate journey. Join me for this encore episode of Investing in Real Estate!
Real estate investing is the #1 way to build wealth, and on today's show, you’re going to learn five powerful ways that buying rental properties can change your life. I always like to say that investing in real estate is not a get-rich-quick scheme, so please keep in mind as you learn about these benefits, some of them are long-term. If you’re someone who can set a goal, stick to it, and wait for your hard work to pay off, then you’re going to want to hear these five ways that owning rental properties can change your life. Click play to learn more!
Today's first caller wants to diversify his investment portfolio. What's the best way to get started buying rental properties? On this Q&A episode of Investing in Real Estate, I'm answering this question -- and more! Today's show features three of your great questions on getting started investing in real estate, the rules of a 1031 exchange, and my personal experience dealing with bad tenants. Click play to hear my answers to your questions!
There’s a lot of advice and opinions out there on how to succeed in real estate investing… some good, and some bad. If you want to be successful, there’s really one principle that stands out to me as universal. It’s called The Three Stages of Real Estate Investing. This comes from Gary Keller’s book, The Millionaire Real Estate Investor. The Millionaire Real Estate Investor is one of my favorite books on how to gain wealth through real estate. On today's show, I'm going to walk you through The Three Stages of Real Estate Investing, and explain why this concept is instrumental to your success. Click play to learn more!
How are distributions taxed on a self-directed IRA? This is an excellent question, and the answer is: it depends! On this Q&A episode of Investing in Real Estate, we're going to explore this topic and more. On today's show, I'm answering three great real estate investing questions on IRA distributions, paying down a variable rate HELOC, and what's behind our national debt in this country.
Data shows that most Americans are ill-prepared for retirement. Bankrate reported that 56% of Americans feel behind on saving for their retirement years. So instead of dreaming of their retirement plans, many are left wondering if they’ll be able to retire at all. The idea of a cushy retirement has become more of a pipe dream than a real possibility for most Americans. On today's show, we're going to dive into some of the latest data on the retirement crisis in the United States. We'll discuss the state of 401k balances, Social Security, and more. Most importantly, you're going to learn why saving for retirement is impossible, and what to do instead.
If you have a historically low interest rate on your mortgage, does it make sense to take out a HELOC and pay current interest rates to tap into your equity? This is a great question -- and it's one we're going to explore on this Q&A episode of Investing in Real Estate! On today's show, I'm answering three of your great questions on various investing and financial topics like pulling out your home equity, dealing with the wrongdoings of a past tenant, and how to decide if you should sell or hold your investments during times of economic turmoil. Click play to hear my answers to your questions!
There’s a big difference between your run-of-the-mill real estate investor and a pro real estate investor. Pros educate themselves on varying strategies, and they plan for taxes year-round, ensuring they’re taking advantage of every opportunity, credit, and deduction that’s available. And there’s one specific strategy I see a lot of investors overlook: the 1031 exchange. On this episode of Investing in Real Estate, you're going to learn about how to invest like a pro by using a 1031 exchange. Click play to learn more!
If you had $200,000 to invest, would it be a better choice to buy rental properties or mutual funds? On this Q&A episode, we're going to compare these two scenarios to determine which would be a better long-term investment. I'll also be answering questions on financing with a self-directed IRA, how to prepare to invest in real estate, and how to determine rental rates. I hope this Q&A empowers and educates you on your real estate journey. Join me for episode 719 of Investing in Real Estate!
Every week in my inbox, I get questions from people who want to buy real estate, but they’re not sure how to get started because of a low credit score. If you feel like your credit score holds you back from reaching your financial goals, this episode is for you. On today's show, we're going to dive into what goes into a credit score, how it impacts your financial snapshot, and your ability to invest in real estate. Click play to learn the secret truth about your credit score!
Are short-term rentals like Airbnb the wave of the future? Or should investors stick with the traditional renting model? That's the first question I'm tackling on this episode of Investing in Real Estate! On this Q&A episode, I'm taking three listener questions about short-term rentals, finding the right accounting team for tax time, and the importance of LLCs for investing in real estate. To hear my answers to your questions, press play on this episode of Investing in Real Estate!
The HELOC, or home equity line of credit. is a great financial tool you can use to reach a variety of financial goals, whether you want to pay off high interest debt, invest in real estate, or pay down the principal balance of your primary residence. I get a ton of questions about using a HELOC, so this video is going to act as a resource to answer some of those most commonly asked questions. If you’ve got equity in your home and you’ve ever considered using that equity to reach your financial goals, this episode of Investing in Real Estate is for you! Click play to learn my top tips for using a HELOC in 2024.
A recent Forbes article recently ranked Lubbock, Texas as the most overpriced housing market in 2023. The data showed that every home sold in July 2023 sold above its asking price. Today's first caller asked what this means, and wondered if investors should consider selling instead of renting their properties in this market. We're going to dive into this topic on today's show! This Q&A episode features three great questions on renting vs. selling in an overvalued market, how to use a VA loan to buy rental properties, and how to turn a paid off home into a performing asset. Click play to hear my answers to your great investing questions!
When you think about buying a rental property, you probably think about going through the traditional underwriting process at a big-name bank. Traditional mortgages can be a helpful tool for growing your real estate portfolio… but there are also a lot of scenarios in which a mortgage isn’t the right fit. So if you find yourself in a situation where you’re trying to grow your portfolio without a traditional mortgage, this episode is for you! On this episode of Investing in Real Estate, I’m going to share five alternative ways to buy a rental property.
Today's first caller has the opportunity to buy an entire portfolio of rental properties from another investor. But because he's new to investing in real estate, he's worried that lenders might laugh him out of the room. So what's the best way to obtain financing on a bulk deal? That's the first question I'll be answering on today's show! This Q&A episode of Investing in Real Estate features three of your great questions on financing multiple rental properties, how to use rental income to obtain a loan, and how to get out of the rat race. Click play to hear my answer to your investing questions!
Credit card debt in the US recently reached $1 trillion in the second quarter of 2023 – for the first time ever. Economists cite reasons like inflation and rising interest rates as major contributors to this debt crisis. But here’s what I dislike about that narrative: it leaves consumers feeling entirely powerless. We can’t control inflation or what interest rates are doing. But we can control our financial destiny. On today's show, we're going to talk about what’s really behind this mounding credit card debt. You're also going to learn some solid solutions you can put into place to fix your credit score.
Today's first caller wants to start investing, and she's not sure if she should sell her home, start house hacking, or take another route. What's the best option for her to start diversifying her income? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your great questions on how to decide if you should sell your home to start investing, my experience with cost segregation software, and investing in Europe. Click play to hear my answers to your great investing questions!
The typical American household net worth surged 37% during the pandemic according to the Federal Reserve’s Survey of Consumer Finances. And on today's show, we're going to discuss a major reason why – the power of real estate. On this episode of Investing in Real Estate, you're going to learn why real estate is the number one way to build your net worth. I'm sharing how real estate measures up against other wealth building tools, plus the four main ways real estate can help you grow your net worth. Click play to learn more!
What's the difference between bonus depreciation and a cost segregation, and can they coincide? That's the first question I'm answering on today's Q&A edition of Investing in Real Estate! This episode features three great listener questions on tax strategies, getting started in real estate with no money and bad credit, and the truth about elevated home prices. I'm also going to be sharing some news about the impending bank crisis and the future of commercial real estate. Click play to hear my answers to your real estate investing questions!
In this economy, most American homeowners are flush with equity. Having plentiful equity in your home is beneficial for many reasons. It can be a great tool for reaching multiple financial goals, whether you’re trying to pay off debt, lower the principal balance on your mortgage, or buy rental real estate. If you’re considering using your home equity to grow your real estate portfolio, your options include taking out a home equity line of credit or a cash-out refinance. But how do you decide between the HELOC and the cash-out refinance? On this episode of Investing in Real Estate, we're going to unpack both of these options.
Today's first caller owns a couple of rental properties alongside her husband. As they reach retirement age, what's the best investment type? Should they open a self-directed IRA or buy properties in other ways? That's the first question I'm answering on today's show! This episode of Investing in Real Estate features three of your investing questions on topics like retirement, the best incentives of investing in the US from overseas, and how to decide if you should convert your home into a rental property. As always, I appreciate your great questions, and I hope you find this episode helpful on your real estate investing journey.
What does it take to become a highly successful real estate investor? Your mind might immediately run to things like income or returns—but the truth is that what marks your success is ultimately rooted in your mindset and your habits. On today's show, I’m sharing four simple and realistic habits of successful investors. These four traits are shared by every successful real estate investor I know – and they’re simple enough that you can begin applying them today.
There are many benefits of investing inside of a retirement account like a self-directed IRA. But if you want to retire early, can a self-directed IRA help you reach your goals? That's the first question I'm answering on this episode of Investing in Real Estate! This Q&A episode features three great listener questions on deciding if retirement accounts are right for you, how to determine if you should use your home equity to invest, and how to get into investing if you don't want to invest in the United States. Click play to hear my answers to your investing questions!
The sky is the limit when it comes to ways to purchase real estate. Some investors like working with their local hometown banks, some use private financing, and others enjoy the benefits of buying real estate inside their retirement accounts. The beauty of this is, there’s no right or wrong way to build wealth through real estate. As long as you’re taking consistent action toward your goals, it’s going to pay off. But if you’re not sure where to start, the number of options can be overwhelming. On today's show, I’m going to share some of the best ways to buy real estate in 2024. We’re going to cover a few ways that our clients at Morris Invest are building out their portfolio, and touch on some of the main benefits of buying real estate right now.
If you own a rental property that needs constant repairs and maintenance, what should you do? Is it better to sell a high maintenance property, or is there a better way to deal with it? That's the first question I'm answering on this Q&A episode of Investing in Real Estate. Today I'm answering three of your great questions on dealing with repetitive repairs, turning your first home into a rental property, and the rules on using a property in your self-directed IRA. Click play to hear my answers to your questions!
Real estate investing isn’t just about the brick-and-mortar components. In fact, I could care less about the specific details of a property, as long as it’s safe and in good condition. What really matters when it comes to investing is getting your mind right. On this episode of Investing in Real Estate, you’re going to learn about the critical connection between mindset and success for investors, and how you can sharpen your mindset in order to reach financial freedom.
If you want to use a HELOC to pay off your mortgage, the easiest way is to utilize your HELOC as a checking account. But where can you find these types of HELOCs? That's the first question I'm answering on this episode of Investing in Real Estate! Today's Q&A episode features three of your great questions about finding HELOC products, rental companies, and how to buy rental properties inside a self-directed IRA. Click play to hear my answers to your best investing questions!
If you want to become a real estate investor, but you’re not sure where to begin, this episode is for you. I’m going to walk you through five simple steps you need to take to begin investing in real estate. I know from experience that when you’re trying to make the jump to becoming an investor, it can be easy to get caught up in the weeds of things that ultimately don’t matter. So get ready to take notes, because you’re about to learn five simple steps to start investing like a pro.
How can you teach your children financial intelligence? What are the best resources you can arm yourself with in order to pass down important lessons about money? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! This episode features three of your great questions about financial education resources, minimizing high taxes, and deciding what to do with a highly appreciated property with low cash flow. Click play to hear my answers to your questions!
According to recent data from the Federal Reserve, only 40% of Americans feel like they’re on track with their retirement savings. But I’m going to let you in on a little secret: traditional retirement accounts like the 401k aren’t designed to give you confidence or financial security. If you’ve resigned your retirement to these old school plans like pensions and 401ks, you’re missing out on an incredible way to build wealth for retirement—it’s called self-direction. On today's show, you’re going to learn about the power of a self-directed IRA. You'll learn why it’s a superior retirement strategy, and how you can use a self-directed IRA to buy performing assets, outpace inflation, and create a comfortable retirement.
What are the best states to buy rental real estate? And what makes a rental market profitable? That's the first question I'm answering on this Q&A edition of investing in real estate! On today's episode of Investing in Real Estate, I'm answering three of your great questions. We're going to cover topics like rental markets, buydown credits, and how a banking collapse could affect your portfolio. Click play to hear my answers to your questions!
Most Americans have been sold the idea of the quintessential American Dream… the vision of owning a home with a white picket fence. In fact, a survey released by Bankrate showed that 74% of respondents cited homeownership as the pinnacle of success, outranking education, retirement, family, and career achievements. But owning your home is much different than owning a performing asset like a rental property. Luckily, there's an easy way to make the transition from homeowner to investor, and that's what you're going to learn on this episode of Investing in Real Estate!
Our audience asks the best questions, and on today's show, I'm going to tackle a few of them. On this episode of Investing in Real Estate, I'll be answering three of your questions on various real estate topics. This Q&A episode features three great questions on topics like investing with a high debt-to-income ratio, how to decide if you should pay off mortgages, and buying a property with a solo 401k. Click play to hear my answers to your real estate investing questions!
Too many people think inside the box when it comes to buying real estate. If you’ve ever gotten a “no” from a lender, that is not your destiny. If buying real estate is something you truly want to do, then the old adage applies: where there’s a will, there’s a way. There are truly so many ways to get started buying real estate. If you have tenacity, willingness, and the ability to be creative, then there’s nothing that can stop you. On this episode of Investing in Real Estate, I’m going to share creative financing secrets for buying real estate!
Insurance is a critical piece of owning and protecting any piece of real estate. Is it a good idea to self-insure your rental property? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! On today's show, I'm answering three of your great questions about self-insurance, self-directed IRAs, and how to invest in US real estate from Canada. We'll also talk about living the life you want now, the importance of being empowered in your financial freedom, and more. Click play to hear my answers to your questions.
You’ve heard all the traditional financial advice, like the importance of automating your savings, sticking to a budget, and maximizing contributions to your retirement accounts. But if you follow this outdated advice, you’re going to get average, or below average outcomes. The truth is you cannot save your way to wealth. You can only build your way to wealth. On today's show, I’m sharing five strategies you can use to begin building your wealth. These are basic, effective, and to the point steps you can start implementing today. You’re going to learn about building wealth for the long haul, the power of performing assets, and practical information like upgrading your balance sheet and getting serious about your financial education.
Today’s first caller used a Veterans Affairs loan to house hack. What’s the best way for him to grow a strong real estate portfolio? On today’s show, I’m answering this great question, and more! This Q&A episode features three of your questions on investing with a VA loan, vacancy rates in our rental markets, and my take on the possibility of a global banking crash. As always, I appreciate your thoughtful questions, and I hope you enjoy this episode of Investing in Real Estate!
The current housing market landscape consists of home prices consistently climbing, high mortgage interest rates, and an overall cooldown. Everyone is speculating about an impending market crash. But is there actually data to suggest an impending crash? That’s what we’re going to talk about on today’s show! On this episode of Investing in Real Estate, we're going to dive into the likelihood of a housing market crash this year. I'm sharing the two main reasons why I don't believe there's a crash in the future, and the dangers of trying to time the market. Click play to learn more!
If you have access to a big chunk of equity, how much should you tap into to grow your real estate portfolio? And what is the best product to help you reach your goals? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! On today's show, I'm answering three of your real estate investing questions spanning topics like using home equity to invest, the mechanics of buying US rental properties from Canada, and the cost of setting up a self-directed IRA. Click play to hear my answers to your questions! Happy New Year!
New data shows the average American is not prepared for retirement thanks to faulty programs like the 401(k) plan and traditional IRAs. But what can you do if you want to have a more comfortable retirement? Luckily, there are a few alternative retirement plans that can create better outcomes. In this interview, we're joined by Mat Sorenson CEO of Directed IRA, partner at KKOS Lawyers, national speaker, and podcast host. Mat is an expert in Self Directed IRAs and how to unlock the power of checkbook control of your financial future.
Should you use the equity in your rental property to buy more investments and diversify your portfolio? That's the first listener question I'm tackling on this edition of Q&A Monday! Every Monday, I answer three of your real estate related questions. This episode contains conversations on utilizing equity, accounting for your business, and how to get started in real estate with no money and bad credit. I hope this episode helps guide you on your real estate journey. We hope you enjoy this encore episode of Investing in Real Estate!
In the landscape of higher mortgage rates, limited housing supply, and intense competition, finding a good rental property can feel like a tall order. In fact, some people are choosing to put off their investing goals until things regulate in the market. But waiting to invest in real estate could cost you in the long-term. On today's show, you’re going to learn the right way to buy real estate. We’re going to talk about what to look for in a rental property, how to navigate the market, and the best solution you can use to add rental properties to your portfolio.
If you have a mortgage on a rental property that's owned by your self-directed IRA, how does the mortgage need to be paid? On today's show, we're going to answer this question — and more! This Q&A episode of Investing in Real Estate features three listener questions on self-directed IRA payments, how to choose a landlord friendly state to buy investment properties, and what investors should consider about taxes when buying raw land. Click play to hear my A's to your Q's!
Alternative strategies for retirement are growing in popularity, and for good reason. More and more Americans are realizing that the traditional way to save for retirement is outdated, broken, and ineffective. Buying real estate investments is a great way to exponentially grow your wealth and save for retirement. To help you determine if buying rental properties in a retirement account is right for you, we’re going to run through some of the pros and cons, and the things you need to consider as you’re building out your retirement plan. Click play to learn the pros and cons of using real estate in your retirement plan!
Smart investors know that utilizing a self-directed IRA is an incredible way to build wealth and maximize your retirement. But is there a way to take a loan from your self-directed IRA in order to take advantage of further tax benefits? That's the first question I'm answering on today's show! This Q&A edition of Investing in Real Estate features three of your questions on self-directed IRA rules, distributions, and getting into real estate as a beginner. Click play to hear my answers to your questions!
The best way to secure your assets in this inflationary period is to buy hard assets inside of a self-directed retirement account. On this episode of Investing in Real Estate, I'm sitting down with Kevin DeMerritt to discuss wealth preservation and retirement planning. Kevin DeMeritt is the founder of Lear Capital. In this interview, he's sharing the ins and outs of the self-directed IRA. You'll learn why Wall Street doesn't want you to know about self-direction, how to buy hard assets like real estate and precious metals in your retirement account, and more.
My general advice is to rent the home you live in. But what about using the equity in your primary residence to buy rental properties? Today we're going to walk through the pros and cons of owning your home. On this episode of Investing in Real Estate, I'm answering three listener questions about owning vs. renting, using business credit, and how to best utilize your savings when investing in real estate. If you want to learn more about real estate investing, this episode is for you!
A new Consumer Price Index report was recently released by the Bureau of Labor Statistics. The report shows cooling inflation, and the likely end of future interest rate hikes by the Federal Reserve. On today's show, you're going to hear my take on this CPI report and how it will affect the housing market. We'll also talk about the stock market, jobs, and the broader economy. Click play to learn more about the real estate boom about to hit 2024!
Today's first caller has $200k in equity in his primary home. He's thinking about leveraging his equity in order to pay off a rental property. Is that a good idea? That's the first question I'm answering on today's show! This Q&A episode of Investing in Real Estate features three great listener questions on using equity to pay off debt, what to consider before you sell a rental property, and changes to the mortgage interest deduction in 2025. Click play to hear my answers to your investing questions!
The US has been facing an affordable housing crisis for years now. Especially since the Great Recession, the number of homes available has been exceptionally low. And in recent years, the pandemic, rising interest rates, and high rates of inflation have only worsened the matter. Estimates vary on exactly how much housing is needed—but the numbers are certainly in the millions. There are a few reasons why there’s such a shortage in homes. On today's show, we’re going to dive into the main factors driving up the cost of housing, plus some realistic solutions that investors can use to bring more supply to the market.
Today's first caller has started making great returns by investing in real estate notes and he's paying down his student loan debt. What should he do in order to reach his ultimate goal of investing in real estate? That's the first question I'm answering on today's show! This Q&A episode features three of your great questions on planning for financial freedom, accessing the equity of a rental property in an LLC, and how to get first position HELOC. Click play to hear my answers to your investing questions!
We all know how much the economy has changed over the past few decades, particularly the past few years. Traditional investing advice and a straightforward retirement plan may have worked for baby boomers, but the game has changed. Yet financial advisors, big banks, and other entities keep spouting the same financial advice that no longer works in today’s landscape. Following outdated advice will never get you the results you want. If you’ve struggled to build wealth, chances are you are being held back by limiting money beliefs. In today's show we're talking about those common money myths that are keeping you broke.
Today's first caller has a good chunk of money to invest. Should he continue investing in his established rental market or buy a multifamily property in NYC? That's the first question I'm answering on today's show! This episode features three of your real estate investing questions on single-family vs multifamily, getting started with bad credit, and moving money from a 401k to self-directed IRA. Click play to hear my answers to your questions!
Building your financial education is a necessity for reaching any type of financial goal. Whether you’re trying to pay off credit card debt, select a banking product, or invest in real estate, it’s important to build a solid foundation of knowledge that will allow you to make smart decisions and ultimately reach your goals. But if you don’t feel like you have a very strong hold on your financial education, this episode is for you. We’re going to dive into specific action steps and mindset shifts you can begin implementing today to start building your financial education, brick by brick. Get ready to take notes, because you’re about to learn some of the most essential tips you can use to change your finances for good.
If you've got a decent chunk of change, should you apply it toward high-interest credit card debt? Or is it better to use that money to start investing? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on paying off debt, borrowing against paid-off rentals, and how to handle high property taxes on a rental property. To hear my answers to your questions, tune into this episode!
Data shows that nearly half of workers over the age of 50 are afraid of outliving their savings accounts at retirement. Fear around retirement is common, but it’s not something you have to live with if you plan accordingly. On today's show, we're going to dive into the biggest retirement mistakes that are costing you money and contributing to fear and stress around retirement. You're going to learn about the overall state of retirement savings in the US, some of the key retirement mistakes you can avoid as an investor, and what to do instead.
Today's first caller has a decent chunk of home equity available and a decent credit score. He's interested in buying his first rental property close to home. What's my advice for this scenario? On this Q&A edition of Investing in Real Estate, I'm taking three of your questions on buying rental properties in your own backyard, finding lenders for new construction investments, and calculating ROI. Click play to hear my answers to your great investing questions!
What makes a solid rental market? This is one of the most important pieces you need to have in place before you invest in real estate. There are a lot of criteria that can go into choosing a city to invest in. On today's show, I’m going to share ten major factors to consider when you’re looking at a rental market, the biggest mistakes I see investors make when choosing a place to invest, and more. Get ready to take notes, because you’re going to learn my best tips for identifying a sustainable and profitable rental market!
Can you own rental real estate inside a retirement account like a self-directed 401k? On this episode of Investing in Real Estate, I'm answering this question—and more! Today's Q&A episode features three of your great questions on buying real estate inside a self-directed 401k, how to determine how much money you need to buy real estate investments, and how to decide between using cash or leverage. Click play to hear my answers to your questions!
When I first heard about investing with a self-directed IRA, I had a lot of questions. The self-directed IRA is rarely talked about and has a lot of rules. This can be intimidating for new investors, but if you're the kind of person who takes initiative and wants to be empowered in your wealth building, this investing vehicle is a powerful way to build wealth. On this episode of Investing in Real Estate, we're going to cover some of the main rules of using a self-directed account. Because a self-directed IRA is retirement account, the IRS has some strict rules you have to follow to maintain the tax-free status of the account. Press play to hear seven rules of using a self-directed IRA!
Is it possible to use multiple rental contracts in a single-family home? What are some factors to consider before you convert a home into a multifamily residence? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm taking three of your great questions on using multiple contracts, how to buy real estate in the US as an international investor, and ideas for utilizing home equity if you have a bad credit score. Click play to hear my answers to your questions!
Deciding how to approach real estate investing when you have debt is not always simple and straightforward. There are a few factors to consider, and coming up with a solution can vary from person-to-person. This is a decision you’ll have to make for yourself, but on this episode, I'm here to help you weigh your options. On this episode of Investing in Real Estate, I'm sharing a few things to consider when taking inventory of your debt. We're going to discuss good debt vs. bad debt, the mental impact of carrying debt, and weighing your financial options. I hope this episode helps you determine whether you should pay off debt or invest!
Today I’m going to share the #1 thing holding new investors back right now: interest rates. No one wants to utilize a high interest rate. Especially if you’re looking at things from a black & white perspective, I can see why a new investor might make a snap judgment and decide to push off their goals until rates are lower. But if you waited to invest, you’d be overlooking some serious benefits of investing sooner rather than later. On this episode of Investing in Real Estate, we’re going to dig deeper into what’s going on with interest rates, what’s really behind the fear of higher rates, and more. Click play to learn more about why interest rates are terrifying investors into making bad decisions!
Smart investors are always thinking about building and protecting their wealth. In today's economy, what's the best way to protect yourself from the fluctuating value of the US dollar? On this Q&A episode of Investing in Real Estate, I'm answering this question — and more! Today's Q&A episode features three of your great questions on preparing for a crash of the dollar, what kind of credit score you need to invest, and options for investing with a VA loan. Click play to hear my answers to your questions!
You probably already know that real estate is the number one way to build wealth. But maybe you don’t quite have all of the resources you need to get started. For many investors, this is where a real estate partnership can come in. On today's show, we’re going to cover the pros and cons of investing in a partnership. We'll discuss the finances, the legal terms, and how to determine if working with a partner is right for you. Click play to hear the pros and cons of investing with a partner!
What does it cost to work with Morris Invest? Are there fees or subscriptions associated with using our service? On today's show, I'm answering this question—and more! This Q&A episode of Investing in Real Estate features three great listener questions on getting started in real estate, finding a law firm to set up LLCs, and how our process works at Morris Invest. Click play to hear my answers to your investing questions!
I’ve said it before, but it bears repeating: If you want to be an effective real estate owner, you can’t expect an entirely passive experience. In order for things to run smoothly at your properties, there are certain roles and responsibilities you’ll need to take initiative on, and that’s what you’re going to learn on this episode. On today's show, I'm going to walk you through ten specific steps you need to take in order to maintain the health of your portfolio. We'll discuss working closely with your property management team, what to do with insurance and taxes, plus some mindset shifts that will help you stay on top of things. Click play to learn about 10 ways to manage your real estate portfolio!
If you're a relatively new investor, how do you know when it's time to bring on a CPA? And how can you find tax advice that's solid and tailored to your unique situation? That's the first question I'll be answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on finding tax advice, single-family homes vs. duplexes, and how to identify a niche in the market. If you've had a similar question, or simply want to expand your real estate knowledge, this episode is for you!
So you want to get started investing in real estate? This is a huge goal, but it's certainly obtainable if you set your mind to it. On today's show, I'm going to walk you through the real estate investor's journey — from beginner to expert! You're going to learn the exact steps you need to take to invest in real estate, including building your financial education, making connections, finding rental markets, and more. If you've ever wondered exactly how to make your investing goals a reality, this episode is for you!
What does a young (or new) investor need to know about getting started in real estate investing? What are the best resources to build your financial intelligence? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm answering three of your questions. We'll cover topics like getting started investing with no money, how to invest with your life insurance policy, and how to invest in the US from Canada. Click play to hear my answers to your real estate questions!
There's a huge misconception about passive income. Passive income isn’t actually passive, especially when it comes to real estate investing. On this episode of Investing in Real Estate, we're diving into this real estate myth. You're going to learn an important distinction between passive and active income, and why passive income requires your time and attention. We'll talk about your critical role as a real estate investor, why investing is like tending to a garden, and so much more!
When you purchase a rental property, it's important to account for unexpected expenses. How much should you set aside for repairs? That's the first question I'm tackling on today's Q&A episode! On today's show, I'm taking three listener questions on setting aside funds for repairs, how to decide if you should pursue private money, and ways to get started in real estate if you don't have a down payment. Tune into this episode of Investing in Real Estate to hear my input on your investing questions!
I always like to say that getting the first property is the hardest, and I do think that’s true. When you’ve never done something before, the first step is usually the hardest. If you’ve got one or two properties under your belt, you probably feel pretty accomplished—as you should! But it's important to keep that momentum going, and use it to keep growing your portfolio. On this episode of Investing in Real Estate, I’m going to walk you through some specific action steps you can take to make sure you’re continually growing your portfolio. You're going to hear six tangible things you can do to ensure you're on track for your goals this year and beyond. Click play to learn more about growing your rental portfolio!
Today's first caller has $10k in reserves. What's the best way to get started investing with that amount of capital? On today's show, I'm answering this question, and more! This Q&A edition of Investing in Real Estate features three great listener questions on getting started investing with $10k, how to stay focused when your goal is to build wealth, and how to nurture your portfolio by weeding out underperforming assets. Click play to hear my answers to your investing questions!
Real estate is the number one way to build wealth. But if you don't know what you're doing, investing in real estate can be a quick way to lose money as well. One of the fastest ways to destroy your investing experience and deplete your resources is by purchasing a cash flow negative rental property. On this episode of Investing in Real Estate, I'm sharing the major risks of buying a cash flow negative rental property and what to consider when you're running the numbers on a rental property. You'll learn about cash flow, what to look for in a deal, and how to avoid falling into a negative cash flow trap.
Is it possible to get a home equity line of credit on a rental property? If so, what's the best way to find and utilize a HELOC? That's the first question I'm answering on today's Q&A episode! This episode of Investing in Real Estate features three listener questions on topics like finding a HELOC, how to start investing with bad credit, and how to learn more about using VA financing to buy rental properties. As always, I appreciate your questions and I hope you find my answers helpful on your investing journey.
Investors are being told that if they want to get into the rental real estate business, they should buy a rental property above the appraised value. There are companies out there preying on investors by selling properties at a premium, retaining a percentage ownership, and charging for coaching or membership. This is a horrible idea, and on this episode I'm going to tell you why. On this episode of Investing in Real Estate, you're going to learn why you should never buy a rental property above the appraised value. I'll also share some red flags to look for when you're teaming up with a real estate company. Click play to hear my thoughts!
Can investing in assisted living properties be profitable? And if so, what are some things to consider before buying senior housing? That's the first question I'm answering on today's show! This episode of Investing in Real Estate features three great listener questions on investing in assisted living properties, using private money to buy new construction rental properties, and how to pair a self-directed IRA with a non-recourse loan. Click play to hear my answers to your questions!
Investing in real estate is the number one way to build wealth. But like any investment, it doesn't come without risks. On today's show, we're going to cover the top real estate investing risks. You're going to learn about important risks you need to be aware of, including tenant turnover, lack of liquidity, and more. More importantly, you're going to hear about exact strategies you can use to mitigate your risk and create a long-term real estate strategy. Click play to learn more about real estate investing risks!
Using retirement funds to buy real estate is a popular way to invest. Can you use annuity funds to buy rental properties? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your intelligent real estate questions. We're going to talk about buying real estate with annuity funds, fitting refinancing rental properties into a long-term strategy, and the logistics of investing in real estate notes from overseas. Press play to hear my answers to your questions!
A 1031 exchange is a tax-deferral tool that real estate investors can use to build wealth, save on taxes, and expand their portfolio. This strategy is applicable to any investor who wants to sell an existing property, and trade up for higher cash flow. Essentially, a 1031 allows you to sell a real estate property and then reinvest the funds in another property. This can be a great investment strategy for investors for a multitude of reasons. On this episode of Investing in Real Estate, you're going to learn the five major benefits of a 1031 exchange! Click play to learn more about the amazing benefits of this tax strategy.
As you might know, business banking has different standards than personal lending. Today's first caller asked, "what's the best way to get funding within an LLC? That's the first question I'm answering on this Q&A episode! Today's episode covers three of your great questions on getting funding in an LLC, buying turnkey rentals out of state, and using a VA loan to buy rental properties. Click play to hear my answers to your questions on this episode of Investing in Real Estate!
If you’re thinking about selling off one of your rental properties, you should be aware that doing so can leave you with a massive tax bill, thanks to capital gains taxes. If you sell an asset for more than you purchased it, the government collects a tax on that gain, which can be upwards of thousands of dollars. But with a 1031 exchange, you can buy a new property and defer those taxes entirely! So today, we’re going to dive deep into what a 1031 exchange is, how it works, and how you can find out if this strategy is a good fit for you. Click play to learn more about how you can save money with a 1031 exchange.
Today's first caller wants to set up a self-directed IRA to buy real estate. What's the difference between Roth and traditional IRAs? That's the first question I'm answering on today's Q&A edition of Investing in Real Estate! On this episode, I'm answering your great questions on types of IRAs for investors, the best way to utilize $35k in cash, and strategies for buying new assets without taking on additional mortgages. Tune into this episode to hear my answers to your best investing questions!
In my real estate investing career, I’ve learned that one of the biggest tools you can use to leverage your time and energy is a great property management team.But I also know that finding a company that is a good fit is easier said than done. On today's show, I’m going to share all of my best secrets on property management. We’re going to talk about hiring the right company, what your role is when you’re overseeing a company, questions to ask, red flags, how to build a strong relationship, and so much more!
Today's first caller asked a popular question. If you're looking to move out of your primary residence, is it a good idea to rent it out? Or is it better to cut ties completely and sell the property? On this Q&A episode, I'm giving my take on this common dilemma! This episode feature three of your great real estate questions. We're going to cover topics like renting out your primary home, using gold and silver to buy real estate, and what to consider about buying real estate in this economy. Click play to hear my answers to your real estate questions!
In a perfect world, your rental property would be rented out 12 months a year. But unfortunately, that's not always the case. You might have a vacancy for a few months after a tenant moves out or when you buy a new property. On today's show, I'm sharing my six best tips for dealing with vacancies in your rental properties. We'll cover exactly what a vacancy is and what to expect as a landlord. We'll discuss setting realistic expectations, plus strategies for ensuring your property gets filled with a great tenant. I hope you enjoy this episode of Investing in Real Estate!
What's the best way to get funding for your real estate portfolio? Specifically, after you've reached the 10-mortgage limit with traditional banks, what other avenues exist for funding? That's the first question I'm answering on today's Q&A! On this episode of Investing in Real Estate, I'm answering three of your questions on how to get money for real estate, ways to invest a smaller amount of money, and how much you should save for reserves on a rental property. Click play to hear my answers to your best investing questions!
Retirement is a phase in life that many people look forward to. But on the other side of the coin, the idea of retirement can be encompassed by fear. For those who rely on outdated, traditional retirement vehicles like the 401k, the fear of running out of retirement funds is valid. On this episode of Investing in Real Estate, we're going to talk about the truth about retirement. You're going to learn about the main problems with traditional retirement methods, why the 401k will fail you, and what you should do instead to build a comfortable retirement, without fear.
As we reach the halfway point of the year, we're facing high inflation and an unstable economy. Would it be a good idea to wait to invest? That's the first question I'm answering on today's show! This Q&A edition of Investing in Real Estate features three of your excellent questions. We're covering topics like timing the market, investing in real estate notes, and how to get started as a beginner. Click play to hear my answers to your best investing questions!
It's true that interest rates have risen quite a bit in the past few years, and I know this is off-putting to many investors. However, interest rates may not be the sole determining factor when evaluating investment opportunities. By focusing on other essential elements, we can identify lucrative prospects and maximize returns. On this episode of Investing in Real Estate, you're going to learn five main reasons why higher interest rates alone are not a reason to postpone your investments.
If you have a rental property but you don't live nearby, what's the best way to manage things on site? Is it a good idea to hire a property management company? On today's show, I'm answering this—plus two more of your voicemails! This Q&A episode features three of your real estate questions on property management, LLCs, and buying a mobile home. I'm sharing my best tips and experience, and offering resources you can use on your unique real estate journey. Click play to hear my answers to your questions!
Should you put your rental properties in an LLC? This is a very common question in the world of real estate investing. Here's the quick answer: it depends! There is no one-size-fits all approach to real estate investing, and today we're going to talk about some of those nuances. On this episode of Investing in Real Estate, we're diving deep into the world of LLCs for real estate. I'll share why most professionals advise investing in an LLC, but also discuss some exceptions to the rule. If you've ever wondered about putting your rental properties into an LLC, this episode is for you!
Today's first caller is a Marine who'd like to use a VA loan wisely. Should he buy a primary residence, or hack house a duplex? That's the first question I'm answering on today's show! This episode of Investing in Real Estate features three great listener questions on utilizing a VA loan, pulling funds out of traditional retirement accounts to invest in real estate, and how to navigate finances during retirement. Tune in to hear my answers to your real estate questions!
You already know that real estate investing is the number one way to build wealth.. but it's hard to know how to get started. Especially if you don't already live in one of America's strongest rental markets, buying rental properties can be really overwhelming and time-intensive. On today's show, we're going to talk about how to take back control of your most valuable resource: time. We're also going to discuss how this ties into retirement planning, and how to get the most bang for your buck without sacrificing your time.
If you want to get started as a real estate investor, but you only have $5k to invest, what's the best recourse? On this Q&A episode, I'm giving three ideas for getting started investing with $5k! I'm also answering your questions on recovering a project gone wrong with a new builder, and how much it costs to get started investing with Morris Invest. As always, I appreciate your thoughtful questions. Click play to hear my answers to your questions on today's episode of Investing in Real Estate!
Today we're going to discuss how to approach your investment strategy from a long-term perspective.One question we hear a lot at our company is "should I use my savings and buy a property outright, or make a down payment and use financing?" We always encourage our investors to keep some of their cash reserves. While I understand the appeal of unloading your savings on one property for quick cash flow, I'd like to encourage you to think about things from a different perspective. Here's why: if your goal is to reach your Freedom Number and build long-term wealth, you're going to need some tools to help you get there. And leverage is a great tool.
Today's first caller asked an excellent question: "is now a good time to use home equity to invest for positive cash flow?" On this Q&A episode of Investing in Real Estate, I'm answering three of your questions on various real estate topics. We're going to cover using home equity for positive cash flow, how to maximize your returns on a smaller investment, and what to consider about setting up LLCs for real estate investing. Click play to hear my answers to your thoughtful questions!
On our Q&A episodes, I answer three of your questions every week. A few weeks ago, I got a voicemail from an eleven-year old listener who asked how I teach my own kids about financial intelligence. I thought this was an amazing question, and the more I thought about it, the more I wanted to elaborate. Today I'm going to reiterate what I told Drew, but also go a little deeper into some specific strategies you, as a parent, can use to teach your children financial intelligence.
If you're thinking about getting started in the real estate industry, chances are you're considering a lot of options. One popular real estate strategy is flipping houses. Is flipping houses a good investment strategy? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your great questions about flipping, offsetting tax liability after a 401k withdrawal, and options for getting started investing with $25k. Click play to hear my answers to your questions!
Is it safe to purchase real estate investments out of state? Should you be worried about what could go wrong? What should you consider before purchasing a property so far away? These are really common questions, so let's talk about the truth. Many investors are initially hesitant about purchasing a property outside of their home state, but as long as you’ve got a few things covered, your business can run seamlessly. On this episode of Investing in Real Estate, we're going to discuss investing out of state, getting to the root of your fears, and so much more!
When I wrote my book How to Pay Off Your Mortgage in 5 Years, mortgage rates were at a historical low. Since rates have risen in the past year or two, does it still make sense to use a HELOC to pay off the mortgage on your primary home? That's the first question I'm answering on today's show! This Q&A episode features three listener questions on paying off your mortgage, returns on our done-for-you rental properties, and how to find a lender willing to lend on investment properties. Click play to hear my answers to your real estate investing questions!
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Making an investment can bring up a lot of questions and concerns. But there’s a major difference between doing your due diligence and getting caught up in analysis paralysis. On today's show, we're going to talk about analysis paralysis, including what it is, and how to know if you're caught in this cycle. You're going to learn four tips for overcoming analysis paralysis so you can move forward with your investing goals.
What does it take to become a Section 8 Landlord? Do you have to get pre-approved? And if so, what does the process look like? That's the first question I'm answering on this Q&A episode! On today's show, I'm taking three of your great questions on Section 8 rentals, how to get funding to grow your portfolio, and how to buy gold and silver. I'll also cover topics like diversifying your portfolio, signs of a recession, and why now is a great time to buy tangible assets. Click play to learn more!
If you've ever listened to traditional investing advice, met with a financial advisor, or even started a new job, you've probably been persuaded into the merits of stocks or stock-based retirement plans like the 401k. Today, I want to unpack the paradigm of building wealth through stocks and provide an alternative method for investing: the self-directed IRA. On this episode of Investing in Real Estate, I'm going to share five major drawbacks of investing in stocks, and why a self-directed IRA, in my opinion, comes out on top every time. Click play to hear more about real estate investing vs. stocks!
Banks have been tightening their lending standards for a while now, and investors are finding it harder and harder to find lenders willing to give loans on rental properties. Today's first caller has contacted 30 banks to find a HELOC on an investment property, and still came up empty handed. What should his next move be? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on finding a HELOC for a rental property, how to decide if you should pay off mortgages, and the best way to tap into equity on a rental property. I'm also giving an update on the economy, the middle class, and what smart investors can do to protect themselves during this time.
What would it take for you to achieve financial freedom? On this episode, I'm going to walk you through how to run the numbers, step-by-step, from my Freedom Cheat Sheet. Financial freedom is one of the core tenets of my real estate strategy, and today I want to unpack exactly what that means. Financial freedom can have many different definitions for different people, so let’s talk about what it is and how you can achieve it. Get ready to take some notes and let's define what financial freedom means for you.
What can be done with an old 401k? Is there any way to use it to invest in real estate? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, we're going to talk about the future of the US dollar and how it relates to real estate investing. Then I'll answer three of your great questions about investing with an old 401k, UBIT taxes for self-directed IRAs, and how to make a return on investment if you don't have enough funds to buy a rental property.
Can you be too old to start investing in real estate? Spoiler alert: no. You're never too old to invest. On today's show, I'm going to share the main reasons why it's never too late to build wealth through real estate investing. We're going to dive into a few main reasons why you might think it's too late to invest, and explore some solutions. I'm also sharing actionable steps for getting started in real estate, no matter your age. Click play to hear why you're never too old to start investing in real estate!
There's not one clear, defined path to building wealth. When faced with a decision, you should always analyze your entire financial snapshot, including your Freedom Number. Today I'm sharing how you can assess whether or not to sell a rental property—and more! On this Q&A episode of Investing in Real Estate, I'm answering three of your questions on deciding what to do with a paid off property, options for non-recourse financing, and how to find wholesaling leads. Press play to hear my answers to your questions!
There are many incredible benefits to owning rental real estate, including the unmatched tax incentives. In fact, tax savings may be the number one reason to invest in real estate. On today's show, we're going to dive into six specific ways that real estate investors can save on taxes through investing in rental properties. On this episode of Investing in Real Estate, we're going to discuss some of the best tax benefits of investing, including depreciation, mortgage interest deductions, and much more. I consider this episode the ultimate guide to real estate taxes, so get ready to take some notes!
What's the best way to transform a liability (like your primary residence) into performing assets? That's the first question I'm answering on today's Q&A episode. On this episode of Investing in Real Estate, I'm tackling three listener questions about using home equity to buy rental properties, the best states to live and invest, and how to decide whether a renovation project is better suited for flipping or renting. Press play to hear my answers to your burning real estate questions!
Today we're going to talk about five actionable steps you can take when your goal is to invest in real estate, but you're not quite ready yet. You know that real estate investing is the number one way to build wealth, but maybe you still have to get some ducks in a row before you take action. This is not a bad place to be, it's great that you have a long-term goal in mind. On this episode of Investing in Real Estate, I'm going to help you map out five specific steps you can take when you're not ready to invest yet.
Since HELOCs can be difficult to find on an investment property, what's the best way to access the equity on a rental? In what scenarios would a cash out refinance be a better option? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, we're going to discuss the future of digital currency, and how to protect yourself from the decline of the US dollar. I'm also tackling your questions about home equity, buying an investment property in a college town, and how to build your portfolio with a bad credit score. Click play to hear my answers to your real estate questions!
There are many ways to build wealth through real estate, and it's important that you find a strategy that works for you. One of the first questions you might ask as you explore the world of real estate investing is: should I invest in residential or commercial real estate? I have strong opinions about this topic and for good reason. I want real estate investing to be sustainable and accessible for investors, and I think that's something that only residential real estate can provide. On this episode of Investing in Real Estate, I'm going to share a few main reasons why I think residential real estate comes out on top.
Should you use your cash reserves to buy real estate, or is it a better strategy to use bank financing? And which method offers better tax benefits? That's the first question I'm answering on today's show! On today's show, we're going to talk about the state of the economy and the current value of the US dollar. Then, I'll dive into your questions on the benefits of financing a real estate purchase, determining monthly rental rates, and finding HELOCs on rental properties. Click play to hear my answers to your best real estate investing questions!
During a recession, many people are hesitant to make big financial decisions. They hope that the economy will steady, and they'll soon see a better opportunity to buy an investment. However, this is a big mistake. Investing during a recession could be one of the best financial decisions you could make. On this episode of Investing in Real Estate, I'm sharing a few of the main reasons why now more than ever is a great time to buy rental real estate. We'll talk about the demand for housing, the tax benefits of investing, appreciation, and so much more. Click play to learn why investing during a recession is amazing!
Today's first caller asked about investing during times of high inflation. As the dollar loses its value, is it wise to continue buying rental properties? Or would it be better to wait out the current economic cycle? That's the first question I'm answering on today's show! On this Q&A edition of Investing in Real Estate, I'm taking three of your great questions about investing in times of inflation, paying back hard money loans for a fix and flip deal, and how to get started investing in stocks. I hope this episode brings you the insight and education you need to take the next step in your wealth building journey. Click play to hear my answers to your questions!
On today's show we're going to dive into an important topic: creative financing. I've talked to a lot of investors from different walks of life. Personally, I've also used plenty of creative financing options. A lot of people get stuck in the trap of thinking that they can't invest, or investing is for other people. This is simply not true. If you truly want to invest, you can make it happen. It just takes a little determination and creativity. On today's show, we're going to explore 10 ways you can get started investing that you might not have considered.
As money starts to disappear, banks are starting to collapse. This is causing panic among the people, as they worry about what will happen to their money. On this episode, I'm sharing information on banks run and how they could affect your financial future. You're going to hear the latest news on Silicon Valley Bank, Janet Yellen's interviews, and how the FDIC works. Most importantly, we're going to talk about the best ways to protect your wealth and your family from this broken system. Click play to learn more about trouble in the banking system.
Real estate has proven time and time again to be one of the best ways to protect your wealth during a recession. On this episode of Investing in Real Estate, you're going to learn why real estate is the best way to protect your hard-earned money, plus specific tips you can use to protect your investments during a recession. You're going to learn how real estate investments measure up against stocks, and the truth about our affordable housing crisis. I'm also sharing a fool-proof game plan for building a strong investment strategy during a recession.
How do you know if it's a good strategy to buy assets with your home equity? And given higher interest rates, would it be better to invest in real estate or commodities like gold and silver? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, we're going to talk about the pent up demand for housing in the US. Then, I'm taking three of your excellent questions on leveraging a HELOC to buy assets, house hacking a full-service rental property, and ways to buy gold and silver. Click play to hear my answers to your questions!
When you go to your 9-5 job, you're trading your hours for dollars. Your paycheck is a direct reflection of how many hours you work. But when you invest in real estate, you're able to bring in four different streams of income on a monthly basis. This is what makes real estate the best investment vehicle for building wealth. On this episode of Investing in Real Estate, I'm sharing the four streams of income you can earn as a real estate investor. You'll learn about appreciation, cash flow, principle reduction, and so much more!
Today's first caller asked about using annuities to begin investing in real estate. Is this a good strategy, and what's the best way to get started? That's the first question I'm answering on this Q&A episode! Before I get to your questions, I'm sharing the latest data on the housing market and giving an update on what's coming in terms of real estate pricing and interest rates. Then I'll answer your questions about annuities, LLCs for real estate, and using a HELOC to pay down your mortgage. Press play to hear my A's to your Q's!
Stocks and real estate are two of the most popular investment types. Which is the better investment strategy for building wealth? On today's show, I'm going to dive into the popular debate of stocks vs. real estate! On this episode of Investing in Real Estate, I'm going to break down the pros and cons of each investment type, my personal experience, and so much more! Click play to learn more about stocks vs. real estate investing.
If your rental property costs you a boatload in homeowner association fees every month, should you keep it and wait for it to appreciate or sell it and buy more investments? That's the first question I'm answering on today's Q&A Monday! On this episode, I'm tackling three listener questions about HOA fees, purchasing real estate in the US from abroad, and the best practices for quickly paying back a private money lender. Press play to hear my advice on this episode of Investing in Real Estate.
The old way of investing is broken. Gone are the days of setting up a 401k & pension plan for a comfortable retirement. And relying on social security? Forget about it. More and more people just like you are realizing the traditional way of investing is broken and it just isn’t adding up to the goals they want to achieve. On today's show, I'm sharing why using a 401k won't help you build wealth, and what to do instead.
If you're a savvy investor, you know that hiring a solid property management team is instrumental to your success. What goes into finding a reputable property manager? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, we're going to talk about the demand for properties in 2023, and the future of bidding wars! Then, I'll answer your questions about property management companies, investing in your 50's, and doing a fix & flip deal. Tune in to hear my answers to your questions!
We are seeing record high inflation rates. The prices of everything seems to be rising these days. Yet in the media, we're hearing messages that say we shouldn't pay attention to inflation, that it's just a word you should ignore. On today's show I'm going to explain exactly what's happening with inflation. You're going to learn about how to protect your family against inflation with real estate investing. I'm sharing why inflation is happening, and what you can do to ensure your family can build wealth during this time. Press play to learn the truth about inflation!
On this episode you'll learn: Tips for managing your rental properties from far away. What to consider about leasing vs. buying a commercial space. How to decide if you should pay off your mortgage. Tips for Managing Your Rental Properties from Far Away For most investors, managing your properties from out of state or even internationally will not be a concern. You should work with a great team that has systems in place. I'd recommend working with a property management company that uses a solid software. This will allow you to see maintenance requests, payments, leases, etc. You can also schedule monthly check-ins with your property management team to ensure everything is running smoothly while you're away.
Is it safe to purchase real estate investments out of state? Should you be worried about what could go wrong? What should you consider before purchasing a property so far away? These are really common questions, so let's talk about the truth. Many investors are initially hesitant about purchasing a property outside of their home state, but as long as you’ve got a few things covered, your business can run seamlessly. On this episode of Investing in Real Estate, we're going to discuss investing out of state, getting to the root of your fears, and so much more!
How can you begin investing after retirement age? And what's the best way to get started? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! Before I get to your questions, we're going to chat about the broader economy, including inflation, interest rates, and how these factors impact the housing market. Then I'll take three of your questions on investing in your 50s & 60s, how to buy a second rental with non-recourse financing, and the connection between depreciation and self-directed IRAs. I appreciate your great questions, and I hope you find this episode helpful.
One of the most common questions I get is about getting started in real estate without having tens of thousands of dollars for a down payment. The good news is, it is possible to get started in real estate without tons of money. It just takes dedication and hustle. Today, you're going to learn from my friend Zack Boothe about how to make $40k in 40 days with his driving for dollars method. On this special episode, you're going to hear my interview with Zack Boothe on how to get started making money in real estate. He's sharing the details of his proven driving for dollars system, and how to decide if it's a fit for you. If you've ever been interested in generating wealth through driving for dollars, you're going to gain a ton of value from Zack's story.
If you have multiple paid-off rental properties, what's the best way to use the equity and build your portfolio? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! Before we get to your questions, I'll be giving a rundown on the future of the housing market, including what to expect in the home buying space. I'll also answer listener questions on topics like loan forgiveness and how to invest without being eligible for a traditional loan. This episode is packed with insights on how to grow your portfolio, improve your credit score, and much more! Click play to hear my answers to your questions.
Can you be too old to start investing in real estate? Spoiler alert: no. You're never too old to invest. On today's show, I'm going to share the main reasons why it's never too late to build wealth through real estate investing. We're going to dive into a few main reasons why you might think it's too late to invest, and explore some solutions. I'm also sharing actionable steps for getting started in real estate, no matter your age. Click play to hear why you're never too old to start investing in real estate!
With the housing market being predicted to drop 30% this year, is it a good time to buy real estate investments? Or is it a better idea to wait for better market conditions? That's the first question I'm answering on this Q&A show! On this episode of Investing in Real Estate, I'm giving a rundown on what I see coming in the housing market, including price declines, interest rates and more. I'm also answering three of your thoughtful questions on timing the market, finding a reliable contractor for a fix & flip, and the pros and cons of DSCR loans for real estate investors.
A 1031 exchange is a powerful tax tool that allows an investor to save on taxes after selling a piece of real estate. This tax deferral program permits the investor to sell one real estate property and then reinvest the funds into another higher performing property. As a real estate investor, a 1031 exchange is one of the best tools you can utilize for building wealth and saving on taxes! On today's show, you're going to learn the rules, the timelines, and how to get started if you believe a 1031 exchange is the right strategy for you.
Is it too late to invest if you're already retired? Are there any benefits of investing when you're older? This is a great question, and I was interested to hear it in my voicemail. On today's Q&A episode, I'm taking three listener questions on investing in your golden years, how to utilize business banking accounts, and what to do with a slow builder. We'll also talk about the state of the market as we kick off 2023, and some tips for protecting yourself with smart, tangible assets.
If you want to invest in real estate the right way, I highly recommend having a team by your side to make your experience passive and sustainable for the long term. Especially if you're planning on investing out of state, there are some necessary components you'll need to have in place... and working with a team is the most efficient way to do so. Today I'm going to share 10 reasons why our clients love working with us, including the benefits of working with a full service team, and why this is instrumental to your success. Press play to learn about the top 10 benefits of full-service real estate investing!
If you're serious about your real estate investing business (and protecting your assets), it's important that you hold your investments in a legal entity. What's the best way to transfer rental properties into an LLC? That's our first question on today's Q&A Monday! On today's show, I'm answering three of your questions about putting investments into a legal entity, what to do with a unique investment type, and how to choose the landscaping on a rental property. Don't miss this episode of Investing in Real Estate to hear my answers to your investing questions!
Pairing a self-directed IRA with a non-recourse loan is the ultimate strategy for building wealth. On this episode of Investing in Real Estate, I'm going to teach you how to maximize your retirement funds with this strategy. You're going to learn about how a non-recourse loan works, and how it can pair with a self-directed IRA. If you're interested in simultaneously growing your retirement and building your portfolio, this episode is for you!
What should you look for in an insurance policy for your rental properties? And what are some of the best companies for real estate investors to work with? That's the first question I'm answering on this Q&A episode! This episode features three of your questions on insurance, getting funding for your first deal, and paying down loans. I'm also sharing my take on the economy at the end of the year, the power of buying tangible assets, and protecting your family from the swings of the market. Press play to hear episode 907 of Investing in Real Estate!
If you're looking to build wealth, increase your net worth, and create monthly cash flow, there's no better investment vehicle than long-term, buy and hold real estate. When done correctly, investing in real estate yields a high profit, stable income, on top of numerous other benefits. On this episode of Investing in Real Estate, I'm going to share the top 10 reasons to invest in real estate. You're going to learn about streams of income, tax benefits, and so much more. Click play to hear 10 reasons to buy rental properties!
Being an investor can often mean wearing a lot of hats. Dealing with things like taxes, financing, and tenant woes can create a lot of stress. What's the best way to handle the stress of investing? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm answering three great listener questions on managing stress, DSCR loans for real estate investors, and how to handle multiple financial products at once. I'm also sharing my take on a coming recession, and what we can expect in the economy moving forward.
There are many roles and tasks you can outsource in your real estate business, but one thing that’s your responsibility alone is nurturing your portfolio. And as the end of the year approaches, it's critical that you have a game plan for reaching your financial goals. On today’s show, I’m going to talk about what that means, and some specific action steps you can take to make sure you’re on track.
On today's show, we're going to dive into what's going on with the housing crisis, and how it differs from 2008. You're going to learn about rental rates, bubble markets, the future of jobs, and why so many Millennials have moved back in with their parents. I'm also taking three listener questions for our Monday Q&A! The first question I'm answering is about how to choose between investing and paying off debt. I'm also answering questions about raising capital, and what to consider about HELOC draw periods and repayment periods. Please join me for this episode of Investing in Real Estate!
One of the biggest barriers that holds entrepreneurs and real estate investors back from leaving their 9-5 job is health insurance. Today's guest, Andy Schoonover, is the CEO of CrowdHealth, a company that's changing the way we pay for healthcare. What I love about CrowdHealth is that they eliminate a lot of the headaches and costs that are associated with traditional health insurance. Their mission is to make healthcare more accessible, simple, and reasonably priced, which in turn makes entrepreneurship more attainable. In this interview, Andy is sharing how CrowdHealth works, why it's a great solution for real estate investors, and how you can get started crowdfunding your healthcare.
Whether you're looking to pay off debt, or grow your real estate portfolio, there are a multitude of different banking products available to help you reach your financial goals. From personal loans to HELOCs to credit cards to cash out refinances, it can be hard to know where to start. How do you choose the best banking product? That's the first question I'm answering on today's Q&A. Before I get to your questions, we're going to talk about what's going on in the economy, including the future of the job market, and how to protect your family from the ups and downs of the economy. I'll answer three great listener questions on choosing financial products, paying off debt, and building business credit. I hope you enjoy this episode of Investing in Real Estate!
If you're looking for a way to protect your retirement funds from inflation, buying real estate inside a self-directed IRA is the best strategy. On this episode of Investing in Real Estate, you're going to learn why this account type is  a great way to gain control over your retirement outcomes. You're going to learn about the differences between traditional retirement accounts and self-directed accounts, the major benefits of a self-directed IRA, and the truth about inflation. If you're sick of your retirement getting plummeted by inflation, this episode is for you!
Today's first caller has $100,000 available in home equity. Should he use it expand his real estate portfolio, pay off his mortgage, or both? That's the first question I'm answering on this Q&A Monday! On today's show, first we're going to talk about why trying to time the market isn't a sustainable strategy. I'm also answering your questions on leveraging funds, getting a HELOC with an LLC, and utilizing equity after a pay cut. Please join me for episode 899 of Investing in Real Estate!
Self-directed IRAs are gaining popularity, and for good reason. On today's show, I'm explaining what a self-directed IRA is, and how to use this retirement account for real estate investing. You're going to learn about the benefits of self-direction, and how you can decide if a SDIRA is right for you. I'm sharing how a self-directed account differs from traditional retirement vehicles, and why it matters. If you're financially intelligent and are ready to take control of your future, you're going to want to hear this episode. Click play to learn more about self-directed IRAs!
Today's first caller is buying his first rental property. Is it best to set up an LLC first, or buy first and figure out the logistics of entity setups later? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! On this episode, I'm taking three of your questions on when to set up an LLC, using other people's money for rental property repairs, and how to maximize depreciation. I'm also sharing some great news for investors on the state of the economy. Press play to hear my answers to your best investing questions!
Short-term rentals are attractive for many real estate investors. However, it's not as simple as it may seem on the surface. If you're going to have a sustainable experience with high returns, it's important that you have a certain knowledge base and set of criteria. On today's show, Sief Khafagi, the co-founder of Techvestor is here to share the ins and outs of profitable short-term investing. Techvestor helps accredited investors passively invest in short-term rentals with a proven, data-driven system. In this interview, Sief is sharing more about his company's mission, rental markets for short-term investing, and how to get started in the Airbnb space. `
Today's first caller is looking into getting a HELOC on his rental property. In order to approve the line of credit, the bank wants him to transfer the title out of his LLC and into his own name. Is this a good idea? That's the first question I'm answering on today's show! This Q&A Monday episode features three great listener questions on transferring titles, the best way to raise capital, and how to go about getting insurance policies on your rental properties. As always, I appreciate your questions and I hope you enjoy this episode of Investing in Real Estate!
Are we headed into a housing collapse just like 2008? In my opinion, there are five big differences between the 2009 market and today. On this episode, we're going to talk about some of those main distinctions. On this episode of Investing in Real Estate, I'm sharing why buying real estate now is still a great strategy, despite a few snags in the economy. We'll also talk about the state of the housing market, inflation, the US dollar, and much more!
Should you transfer your properties into an LLC? Is an LLC favorable for taxes or liability? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! On today's episode, you'll hear three great listener questions on LLCs, investing for cash flow, and leveraging investment properties. Click play to hear my answers to your best investing questions!
Infinite banking can be a great way to grow your wealth, but it can also be pretty confusing. That's why I'm bringing on an expert to break down the main concepts of infinite banking, and help you determine if it's a fit for you. On this episode of Investing in Real Estate, Nate Scott is back to explain the infinite banking concept, and why it's a great complement to real estate investing. Nate Scott is the president of Living Wealth. His mission is to help families and small businesses become financially free through becoming their own banker. Nate is also a client development coach and a speaker. His role includes teaching others how to become wealthy, and that's exactly what he's sharing in this interview.
What is internal rate of return? What does the calculation include, and what period of time does it cover? That's the first question I'm answering on today's Q&A episode! Today I'm answering three great listener questions about IRR, buying real estate when prices are high, and the state of the market at the end of 2022. Press play to hear my answers to your questions on this episode of Investing in Real Estate!
If you want to cut down on your tax burden, the best thing you can do is engage in the business practices that the tax law incentivizes. And one thing most people don’t know is, you don’t have to be among the ultra-wealthy to take advantage of these incentives. You just need to develop the financial education to make strategic decisions. On this episode, I’m sharing one of the best tax saving strategies that is often overlooked by investors: the cost segregation. Click play on this episode of Investing in Real Estate to learn more about using a cost segregation!
A cost segregation is an amazing way for real estate investors to save on taxes. However, a cost segregation study can be costly and time-consuming. How many properties do you need for a cost segregation to be worth it? That's the first question I'm answering on today's show! This Q&A episode features three great listener questions on cost segregation studies, the best investing strategies for beginners, and how to use the profits inside a self-directed IRA. Press play to hear my A's to your Q's on this episode of Investing in Real Estate.
There are many factors that have changed in the economy over the past few years. As an investor, the idea of losing your rental income can be scary. On today's show, we’re going to talk about how a recession impacts real estate investors. You're also going to hear why it’s so important to invest in a recession-resistant market. I’m also sharing my favorite economically strong rental market, and the main reasons why it’s the best recession-resistant city for investors. If you're interested in learning more about recession-resistant real estate investing, this episode is for you!
It's no secret that interest rates are on the rise. Today's first caller asked a thoughtful question about adjustable rate mortgages. What is an adjustable rate mortgage, and when is it financially intelligent to use one? That's the first question I'm answering on today's show. This episode features three listener questions on adjustable rate mortgages, how to invest when you've had a foreclosure, and ways to start investing when you don't have a lot of funds. Press play to hear my answers to your best investing q's!
If you know anything about my personal investing strategy, you know I'm a huge advocate of buying real estate in a self-directed IRA. But more than anything, I also believe that there's no such thing as a one-size-fits-all investing strategy. We all have different finances and different goals. What works for me might not work for you, or vice versa. To to help you determine if a self-directed IRA is right for you, I'm going to run through some of the pros and cons of using a self-directed IRA to invest in real estate. Join me for episode 886 of Investing in Real Estate to learn more about buying real estate inside of a self-directed IRA!
Short-term rentals and long-term rentals are two popular investing strategies, and they come with some key differences that are important to understand. How can you decide which strategy is better for you? That's the first question I'm answering on today's show. On this Q&A edition of Investing in Real Estate, I'm taking three great listener questions. We'll get into topics like short-term rentals, renting out your primary home, and how to decide which financial product is best for growing your portfolio. Press play to hear my answers to your investing questions!
If you want to build wealth you've got to do it strategically, otherwise you can end up with a hefty tax bill. The key to growing your wealth is understanding how the tax code works so that you can plan to make decisions that make you money while maximizing your tax savings. Whenever I have a tax question, there's only one person I consult: today's guest: Tom Wheelwright. On this episode of Investing in Real Estate, expert CPA and Rich Dad Advisor Tom Wheelwright is back to share amazing tax-saving tips from his new book, The Win-Win Wealth Strategy. We're discussing topics like the tax benefits of real estate investing, finding a qualified CPA, the tax benefits of starting a business, and much more!
Today's first caller has a HELOC and he wants to use his equity wisely to grow his real estate portfolio. What's the best way to leverage those funds to buy multiple investments, instead of just one or two? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! This episode features three great listener questions on leveraging funds to maximize your growth, finding the right banking products to reach your goals, and how to get started investing with a low income. Thank you for your thoughtful questions, and I hope you enjoy this episode.
Are you a true investor? A true investor has what it takes to sustain a long-term career in real estate. Today we're going to talk about five specific traits of a true investor. On this episode of Investing in Real Estate, I'm going to share some questions you can ask yourself to determine if investing in real estate is right for you. You'll learn about setting goals, understanding your identity, and so much more.
Thomas wants to get a HELOC on his rental property, and his lender won't allow it since his property is in an LLC. Should he transfer the property into his own name? And if so, can he quickly transfer it back? This is a common issue with real estate financing, and it's the first question I'm answering on today's show! This episode of Investing in Real Estate features three great listener questions on transferring properties out of LLCs, raising capital to invest in today's market, and getting an insurance policy on a rental property. Click play to hear my answers to your questions!
From rising prices at the gas pump to the grocery store, I think it's safe to say we're all feeling the pinch of inflation. But from a broader economic perspective, the effects of inflation go much deeper than the prices you're seeing on the shelves at the store. Continued high inflation can lead to a recession, cause economic turmoil, and impact Wall Street in a way that drives increased volatility. Now, I'm not an alarmist by any means, but these three negative consequences of inflationary times can put your wealth at risk, and this is something to be concerned about. So on this episode of Investing in Real Estate, we're going to discuss inflation and how investing in multiple rental properties can essentially create a hedge against inflation that protects your wealth.
Today's first caller asked an interesting question about using college funds to invest in real estate. What's the best way for an investor to get their child involved in real estate investing? That's the first question I'm answering on today's show! This Q&A episode features three great listener questions on involving children in your investing, how USDA loans work, and the best way to utilize equity gains. Hear my answers to your best investing questions on this episode of Investing in Real Estate!
Asset protection is a critical aspect of any real estate investing business. And sadly, it's something that many investors overlook until it's too late. In the event of a lawsuit, it's important that your legal entities are set up to protect your personal assets. On today's show, I'm bringing in the most qualified expert I know to discuss asset protection for real estate investing. On this episode of Investing in Real Estate, I'm sitting down with Garrett Sutton. Garrett is an attorney, bestselling author, Rich Dad Advisor, and the founder of Corporate Direct. In his new book, Veil Not Fail, Garrett shares important strategies for reducing your liability in the event of a lawsuit. Today you're going to hear some of his best tips on legal entity structure, corporate formalities, insurance for rental properties and so much more!
Should you buy a home to live in? Or is it a better idea to rent a home? There's no one-size-fits all answer to this question, but on this Q&A episode I'm sharing my thoughts on buying a home! Today's show features three great listener questions on buying a home, getting a cost segregation study on a rental property, and using credit cards to buy a piece of real estate. Click play to hear my answers to your questions on this episode of Investing in Real Estate!
We’ve seen a lot of changes in the economy over the past few months: interest rates are rising, inflation hitting record highs, and the White House recently announced the Student Debt Relief Plan. Most Americans are feeling the pinch of inflation in their wallets, but what you might not have considered is how these external factors are impacting your nest egg and your retirement plan. On this episode of Investing in Real Estate, you're going to learn how the state of the economy is impacting retirement accounts and savings accounts across the board. I'll also share an action plan you can take to protect your wealth, and why real estate is a critical part of any retirement plan. Click play to hear what's coming in the economy!
Taking a loan from your 401k can be a smart financial move. Is it better to use the funds to invest in real estate or pay off debt that has a higher interest rate? That's the first question I'm tackling on this Q&A episode! On this episode of Investing in Real Estate, I'm sharing my take on the current state of the economy and then answering some great listener questions. We're going to cover topics like deploying a 401k loan, the truth about high appreciation markets, and how to pay for repairs on your rental properties without increasing your tax bill. Click play to hear my answers to your questions!
When I first heard about investing with a self-directed IRA, I had a lot of questions. The self-directed IRA is rarely talked about and has a lot of rules. This can be intimidating for new investors, but if you're the kind of person who takes initiative and wants to be empowered in your wealth building, this investing vehicle is a powerful way to build wealth. On this episode of Investing in Real Estate, we're going to cover some of the main rules of using a self-directed account. Because a self-directed IRA is retirement account, the IRS has some strict rules you have to follow to maintain the tax-free status of the account. Press play to hear seven rules of using a self-directed IRA!
Our first caller on today's Q&A asked a great question: what is the best way to fill a vacancy? On today's show, I'm sharing some of my personal experiences and tips for dealing with vacancies. This episode also contains my answers to your questions on using equity to grow your portfolio, and how to get started in real estate when you have credit struggles. Press play to hear my answers to your questions on this episode of Investing in Real Estate!
Is now a good time to invest in real estate? This is always a popular question, but especially with so many shifts in the market the past couple years, many people are wondering if they should wait until interest rates drop or prices regulate. On this episode of Investing in Real Estate, let's talk realistically about what's happening in the market and whether or not now is the time to invest in real estate. We're going to discuss the history of interest rates, the importance of time in the market, and much more!
If you have an occupied rental property, what's the best way to sell it? Is it better to wait until your lease ends, or should you try to sell the home with a tenant in place? That's the first question I'm answering on this Q&A episode! This episode of Investing in Real Estate features three great listener questions. We're talking about selling an occupied rental property, what to do when you have negative cash flow, and how to decide the best way to fund an investment. Press play to hear my answers to your best investing questions!
Deciding how to approach real estate investing when you have debt is not always simple and straightforward. There are a few factors to consider, and coming up with a solution can vary from person-to-person. This is a decision you’ll have to make for yourself, but on this episode, I'm here to help you weigh your options. On this episode of Investing in Real Estate, I'm sharing a few things to consider when taking inventory of your debt. We're going to discuss good debt vs. bad debt, the mental impact of carrying debt, and weighing your financial options. I hope this episode helps you determine whether you should pay off debt or invest!
If you have rental properties across the United States, is it a good idea to set up a virtual mailbox? Will doing so protect your anonymity, or present any risks? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! This episode features three great listener questions on virtual mailboxes, selling a rental property, and introductory interest rates on HELOCs. Press play to hear my answers to your real estate investing questions!
Welcome back to part 6, the finale of the Wealth Building Masterclass! We're going to discuss specific ways you can create financial freedom, based on your personal situation and finances. You're going to hear from some of our clients, and how they used their resources to build wealth. You're also going to learn about our customized approach to real estate investing, and we'll walk through some of our specific programs. I sincerely hope this Masterclass Series has helped you become more informed, more empowered, and more excited about carving your path to financial freedom.
Is it better to pay off your mortgage or invest in real estate? This is a common real estate investing question that stumps a lot of homeowners and investors. And on this Q&A episode, we're going to explore your options. On today's show, I'm answering three listener questions on paying off your mortgage, turning a primary home into a rental property, and how to invest with no job. Join me for this episode of Investing in Real Estate to learn more about making financial decisions as it relates to investing!
The foundation of financial freedom is The Freedom Number. In part 5 of the Wealth Building Masterclass, you're going to learn more about how to calculate your Freedom Number. Your Freedom Number is the amount you need in order to be financially free, and you can find it by using a simple equation we made. All you have to do is plug in a few of your financial numbers. This will help you figure out how many rental properties you need in order to replace your income and retire comfortably. Please join me for part 5 of the Wealth Building Masterclass to learn more about finding your Freedom Number!
As interest rates rise and the market shifts, are single-family homes still the best investment type? Or are syndicates a better investment in today's economy? This is an excellent question, and it's the first one I'll be answering on today's Q&A! This episode of Investing in Real Estate features three great listener questions on the best investment type in 2022, transferring properties into an LLC, and deciding on what banking product to use to buy properties. I hope you enjoy this Q&A episode!
Welcome back to part 4 of the Wealth Building Masterclass. On this episode, you're going to discover why working with a team is a powerful component of wealth building. Specifically, we're going to cover what to look for in a team. You'll also hear my personal journey with developing business relationships, both good and bad. I'm sharing more info about the relationship between Morris Invest and SDIRA Wealth, and much more. Click play to learn more about the power of working with a team!
What is the best way to organize your rental property documents? Especially as you grow your portfolio, it's important to have your files both organized and accessible. On this Q&A episode, we're diving into organization tips for your real estate documents. This episode also contains listener questions on choosing an insurance company for your rental properties, and how to find a HELOC for an investment. I appreciate your questions, and I hope you find my answers helpful. Please join me for episode 863 of Investing in Real Estate!
Welcome back to the Wealth Building Masterclass, part 3. This next part is usually the most eye-opening and incredible part for most of our clients. We’re going to take a close look at your personal financial checklist, including your assets and liabilities. I’m often amazed by the stories I hear during this phase of the process because people discover available funds that have just been sitting there doing nothing for them. Please join me for part 3 of the the Wealth Building Masterclass!
If you own rental properties in your name, should you use a quit claim deed and transfer them into an LLC? What are the pros and cons of using an LLC for real estate investing? That's the first topic I'm answering on today's show! This Q&A edition of Investing in Real Estate features three great listener questions on transferring to an LLC, finding properties with cash flow, and using home equity. As always, I appreciate your thoughtful questions and I hope you find my answers useful. Click play to hear my response to your best investing questions!
This episode of Investing in Real Estate is part 2 of the Wealth Building Masterclass. In part 2, we're diving deep into your goals, and how you can best utilize them to build wealth. We're going to talk about digging into your motivation for building wealth, and how to start setting realistic goals. I believe that setting goals is an important part of setting goals in any area of life, but especially investing. I hope this episode will help you get started on your personalized path to building wealth. Please join me for part 2 of the Wealth Building Masterclass!
Today's first caller asked a really interesting question. Is it a good idea to use invest in real estate overseas, especially if you plan on moving overseas? I'm answering this question and more on today's show! This Q&A episode of Investing in Real Estate, I'm tackling three of your great questions on topics like investing abroad, creating a payoff schedule for a HELOC, and investing in a rooming house. As always, I appreciate your thoughtful questions and I hope you enjoy this episode!
Do you want to become financially free through real estate investing? In this six-part masterclass series, I’m going to show you different methods to achieve your goal of becoming financially free. Real estate investing is the #1 way to build wealth, and this masterclass will show you how to use it to reach your goal of becoming financially free. More people need to know their options when it comes to managing their money. They don’t not have to rely on a 401k for retirement, for one thing. There’s a lot I think you need to know, and I want to share everything I’ve learned and tested to help others rise above the status quo and take control of their financial future. Join me for part 1 of the Wealth Building Masterclass Series!
Does taking out a HELOC impact your credit score? What are some things to consider about your overall financial snapshot before you decide to utilize a HELOC for investing? That's the first question I'm answering on today's show! Today's three callers sent in great questions about the financial implications of using a HELOC, the best ways to research a rental market, and how to decide how to use your funds on investing. I believe that we can learn from other people's questions, and I hope this Q&A is useful for your personal investing journey. Please join me for this episode of Investing in Real Estate!
In a perfect world, your rental property would be rented out 12 months a year. But unfortunately, that's not always the case. You might have a vacancy for a few months after a tenant moves out or when you buy a new property. On today's show, I'm sharing my six best tips for dealing with vacancies in your rental properties. We'll cover exactly what a vacancy is and what to expect as a landlord. We'll discuss setting realistic expectations, plus strategies for ensuring your property gets filled with a great tenant. I hope you enjoy this episode of Investing in Real Estate!
Should you use funds to invest in real estate? Or is a better financial move to pay off your mortgage, instead? This is a nuanced and personal decision, but I'm attempting to answer on this Q&A episode. On today's show, I'm answering questions from my voicemail. Today's callers have questions about deploying funds, non-recourse loans, and turning a townhouse into a rental property. Click play to hear my answers to your questions on this episode of Investing in Real Estate!
Should you put your rental properties in an LLC? This is a very common question in the world of real estate investing. Here's the quick answer: it depends! There is no one-size-fits all approach to real estate investing, and today we're going to talk about some of those nuances. On this episode of Investing in Real Estate, we're diving deep into the world of LLCs for real estate. I'll share why most professionals advise investing in an LLC, but also discuss some exceptions to the rule. If you've ever wondered about putting your rental properties into an LLC, this episode is for you!
If you've got one rental property under your belt and you want to expand your portfolio, what's the best way to move forward? Especially if you're short on a down payment, what are some funding options? That's the first question I'm answering on today's show! This Q&A episode features three great listener questions on second property funding ideas, paying transfer taxes, and using a reappraisal for instant equity. As always, I appreciate your questions, and I hope you can learn something from other listener questions. Click play to hear my answers on episode 853 of Investing in Real Estate! A
You already know that real estate investing is the number one way to build wealth.. but it's hard to know how to get started. Especially if you don't already live in one of America's strongest rental markets, buying rental properties can be really overwhelming and time-intensive. On today's show, we're going to talk about how to take back control of your most valuable resource: time. We're also going to discuss how this ties into retirement planning, and how to get the most bang for your buck without sacrificing your time.
Should you worry if you're breaking even on a rental property? What can be done to turn things around if you're having a bad investing experience? That's the first question I'm answering on today's show. On this episode, I'm taking three of your questions on handling an investment that's not cash flowing, using a HELOC as a down payment, and finding motivated sellers for real estate deals. Please join me for this Q&A episode of Investing in Real Estate!
In 2022, mortgage rates are up and will continue to climb. While that sounds like bad news for homebuyers and investors, if you look at the full picture, you'll see that rates aren't necessarily up, instead it's more like they're returning to a baseline. That's our topic for today's show - we're going to dive into the history of mortgage rates, what interest rates look like in 2022, and what all of this means for your investment portfolio. Press play to learn more about the history of interest rates and how you can get the best rates possible right now.
Today's first caller asked an interesting question about using infinite banking. Is this strategy good for new investors? That's the first question I'm answering on today's Q&A episode! This episode of Investing in Real Estate features three great listener questions on topics like infinite banking, getting funding for a new construction project, and the best places to look for HELOCs. I appreciate your thoughtful questions, and I hope you enjoy this episode!
In 2022, mortgage rates are up and will continue to climb. While that sounds like bad news for homebuyers and investors, if you look at the full picture, you'll see that rates aren't necessarily up, instead it's more like they're returning to a baseline. That's our topic for today's show - we're going to dive into the history of mortgage rates, what interest rates look like in 2022, and what all of this means for your investment portfolio. Press play to learn more about the history of interest rates and how you can get the best rates possible right now.
How can you best utilize a HELOC on a rental property? That's the first question I'm answering on this episode of Investing in Real Estate. I'm taking three of your great questions on today's show. This Q&A episode features listener questions on using a HELOC, how to grow a massive real estate portfolio, and using a whole life policy to build wealth. As always, I appreciate your thoughtful questions, and I hope these episodes inspire you to make progress on your investing journey. Press play to hear my answers to your questions!
On our Q&A episodes, I answer three of your questions every week. A few weeks ago, I got a voicemail from an eleven-year old listener who asked how I teach my own kids about financial intelligence. I thought this was an amazing question, and the more I thought about it, the more I wanted to elaborate. Today I'm going to reiterate what I told Drew, but also go a little deeper into some specific strategies you, as a parent, can use to teach your children financial intelligence. Click play to learn more about why financial education matters, and how to instill it into your family.
Is it possible to invest in real estate with a foreclosure on your credit report? And if so, what steps do you need to take to secure a loan? That's the first question I'm answering on today's Q&A episode! On this episode, I'm answering three great listener questions on investing with a foreclosure history, putting properties into legal entities, and the best strategy for leveraging an active 401k. Click play to hear my answers to your questions on this episode of Investing in Real Estate!
Is it safe to purchase real estate investments out of state? Should you be worried about what could go wrong? What should you consider before purchasing a property so far away? These are really common questions, so let's talk about the truth. Many investors are initially hesitant about purchasing a property outside of their home state, but as long as you’ve got a few things covered, your business can run seamlessly. On this episode of Investing in Real Estate, we're going to discuss investing out of state, getting to the root of your fears, and so much more!
Despite high prices in the housing market, is now a good time to invest in real estate? Or would it be smarter to invest in stocks instead? That's the first topic we're diving into on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three great listener questions on stocks vs. real estate, deploying insurance funds after a fire, and how to leverage HELOCs. As always, I appreciate your thoughtful questions and I hope you find this information helpful on your personal wealth building journey. Click play to hear my answers to your investing questions!
Today we're going to talk about the main differences between using a done-for you investing service vs. going the DIY route--including what to expect, how to decide which strategy is right for you, and the pros and cons of each investing type. Investing with a full-service company vs. doing it yourself are two very different experiences. I've done both, so I feel confident sharing my opinions.. there's a lot to consider when it comes to your resources, involvement, personality type, and what kind of experience you want to have. And let's be clear, there's no right or wrong choice. It just depends on what you want out of the experience. Click play to hear more!
So you've found a rental property with great ROI, but it's in a state with high property taxes? Should you proceed with the deal, or look in a more favorably taxed state? That's our first question for this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions. You'll learn about topics like property taxes, LLC structures, and bank accounts.
Before you invest in real estate, one of the most important decisions you have to make is choosing a rental market. And here's the thing about finding a market: it's not like you just throw a dart at a map or spin a globe and invest where your finger lands. Market research is an incredibly critical step that requires a lot of thought and analysis. On this episode of Investing in Real Estate, I'm sharing some data on the most overinflated housing markets in the US, and why you should avoid investing in those markets. Tune into this episode to hear the 10 worst housing markets for investors in 2022!
How might current events impact interest rates and the market risk? And how can a new investor minimize risk? That's the first question I'm answering on today's Q&A episode! On today's show, I'm taking three listener questions about market risk, variable0rate HELOCs, and moving money from the stock market into real estate investments. As always, I appreciate your thoughtful questions. Click play to hear my answers on this episode of Investing in Real Estate!
It's no secret that interest rates are on the rise. In fact, the Federal Reserve announced multiple interest rate hikes in 2022. Today we're going to dive into what this means for investors: including what you should do now, and what to consider moving forward. On this episode of Investing in Real Estate, you're going to hear about an exclusive conversation we had in our private group, Financial Freedom Academy, that inspired this episode. I'll share what to consider about rising interest rates, including three main points to help you develop an investing game plan in 2022 and beyond.
What kind of paperwork is needed for a seller financing deal? How do you ensure everything is set up correctly for closing? Are there any professionals that can help? That's the first topic I'm answering on this Q&A episode! On today's episode of Investing in Real Estate, I'm answering three great listener questions about seller financing, ways to pay down a mortgage note faster, and tips for finding business loans. Press play to hear my answers to your questions!
If you've ever listened to traditional investing advice, met with a financial advisor, or even started a new job, you've probably been persuaded into the merits of stocks or stock-based retirement plans like the 401k. Today, I want to unpack the paradigm of building wealth through stocks and provide an alternative method for investing: the self-directed IRA. On this episode of Investing in Real Estate, I'm going to share five major drawbacks of investing in stocks, and why a self-directed IRA, in my opinion, comes out on top every time. Click play to hear more about real estate investing vs. stocks!
Can you be too old to start investing in real estate? Spoiler alert: no. You're never too old to invest. On today's show, I'm going to share the main reasons why it's never too late to build wealth through real estate investing. We're going to dive into a few main reasons why you might think it's too late to invest, and explore some solutions. I'm also sharing actionable steps for getting started in real estate, no matter your age. Click play to hear why you're never too old to start investing in real estate!
Is it possible to achieve fast cash flow after buying rental properties, or should an investor instead worry about a long-term appreciation strategy? That's the first question I'm tackling on today's Q&A episode! On this episode of Investing in Real Estate Investing, I'm answering three great listener questions about real estate strategies, how to leverage rental properties, and Airbnb investing. I'm sharing an important perspective on wealth preservation, finding lenders, and more!
Today we're going to talk about five actionable steps you can take when your goal is to invest in real estate, but you're not quite ready yet. You know that real estate investing is the number one way to build wealth, but maybe you still have to get some ducks in a row before you take action. This is not a bad place to be, it's great that you have a long-term goal in mind. On this episode of Investing in Real Estate, I'm going to help you map out five specific steps you can take when you're not ready to invest yet.
Today's first caller owns a few paid off rental properties. Should he pull the equity out to grow his portfolio, or would he be better off selling them and buying in a better market? That's the first question I'm answering on this Q&A episode! This episode of Investing in Real Estate features three great listener questions on strategic portfolio growth, turning a property into an Airbnb, and how much it takes to invest. Click play to hear my answers to your questions on this episode!
In the spirit of spring arriving, today we're going to talk about growth. Specifically, we're going to dive into the importance of keeping tabs on your portfolio's growth, and some ways to stay on track with your goals. On this episode of Investing in Real Estate, we're going to talk about why spring is a great time to revisit your goals for the year and take a look at your progress. I'm sharing six action steps you can take to keep the ball rolling on your investing journey, plus my best advice for sustainable portfolio growth. Enjoy!
What's the process for setting up an LLC in a different state? Do you need a physical address to move forward? On this Q&A episode, I'm sharing my experience with setting up LLCs out of state. I'm also answering your questions on the best banks for finding a HELOC, and what you should consider about eviction moratoriums and missing rent. As always, I appreciate your thoughtful questions and I hope you enjoy this Q&A episode of Investing in Real Estate!
There are many ways to build wealth through real estate, and it's important that you find a strategy that works for you. One of the first questions you might ask as you explore the world of real estate investing is: should I invest in residential or commercial real estate? I have strong opinions about this topic and for good reason. I want real estate investing to be sustainable and accessible for investors, and I think that's something that only residential real estate can provide. On this episode of Investing in Real Estate, I'm going to share a few main reasons why I think residential real estate comes out on top.
If you buy a rental property inside of a self-directed IRA, what payment method do you use to pay for repairs and other expenses? That's our first question on this episode of Q&A Monday! Today I'm answering three listener questions on various real estate topics. Our first question is about paying for expenses and repairs within a self-directed account. We'll also talk about setting up an exit plan for expiring introductory interest rates, and financing options for getting started with your first rental. Don't miss this encore episode of Investing in Real Estate!
On today's show we're going to dive into an important topic: creative financing. I've talked to a lot of investors from different walks of life. Personally, I've also used plenty of creative financing options. A lot of people get stuck in the trap of thinking that they can't invest, or investing is for other people. This is simply not true. If you truly want to invest, you can make it happen. It just takes a little determination and creativity. On today's show, we're going to explore 10 ways you can get started investing that you might not have considered.
Today's first caller asked an interesting question: what real estate strategy did I use starting out, and how has my investing approach evolved over time? That's the first question I'm answering on this episode of Investing in Real Estate. On this episode, I'm taking three great listener questions on my favorite investing strategies, tapping into equity to grow a rental portfolio, and how to protect your rental property in the event of a fire. Click play to hear my answers to your real estate questions!
One of the biggest mistakes new investors make is trying to do it alone. Especially if you're buying real estate out of state, you're going to need a team by your side to make your experience passive, sustainable, and headache-free. Today I'm going to share the 5 benefits of working with a real estate team, and why this is instrumental to your success. Join me for episode 824 of Investing in Real Estate!
How do interest rates work on a home equity line of credit? What's the difference between a fixed rate HELOC and a variable rate HELOC? And which one is better for investors? That's the topic of our first question on today's Q&A episode! On this episode of Investing in Real Estate, I'm taking a swing at three listener questions on HELOCs, non-recourse financing, and what type of loan to get for a duplex. Join me on today's show to hear my answers to your questions!
Today we're going to talk about the foundation of what we do in real estate investing: the Freedom Number.The Freedom Cheat Sheet is a PDF I created a few years ago when I started on my journey toward financial freedom. This document helped me & my family set a goal, and in turn totally change our financial situation. We’ve been sharing the Freedom Cheat Sheet ever since. On this episode, I'm going to walk you through the Freedom Number, some common misconceptions, and what you need to know about setting a financial goal.
If you've got a good start on self-directed retirement funds, but not quite enough to purchase a rental property outright, how can you get started? That's our first question for this Q&A Monday! On today's show, I'm taking three listener questions on various real estate topics. First, we'll talk about using your retirement funds to invest when you don't have enough to buy an entire investment. I'm also answering questions on financing options for young and inexperienced investors, plus how to determine if the HELOC method is a fit for you. Tune into this encore episode of Investing in Real Estate to hear my answers!
On today's show, we're going to dive into the important topic of retirement. You're going to learn about average retirement savings in the US, and some key retirement mistakes you can avoid as an investor. Plus, we're going to dive into some realistic steps you can take to ensure you're set for retirement. You'll hear what is causing the mismatch between retirement savings, and the reality of what it costs to retire. If you want to be prepared for retirement, this episode of Investing in Real Estate is for you.
If you have a primary residence that you're considering converting into a rental property, what's the best way to do that? Are there specific steps you need to take to be successful? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your thoughtful questions on turning your home into an investment, researching short-term markets, and creative ways to find a down payment. Join me for this episode!
Today we're going to be talking about the housing market in 2022, specifically the rising demand for new construction rental properties. Back in 2017, the National Association of Home Builders reported that 37,000 homes were built as rental properties. Two years later in 2019, that number soared to 43,000. It's important to note that these numbers include only properties that were specifically built to be rentals - it does not include new builds that were sold to investors after construction completed. So clearly, there's a high demand for new construction rentals - and the demand is growing. On this episode of Investing in Real Estate, we're going to talk about a few reasons why new construction rentals are so hot.
What's the best way to structure a seller financing deal? Is seller financing a smart way to buy rental properties? That's the first topic we're diving into on this Q&A episode of Investing in Real Estate! On today's show, I'm taking three thought-provoking questions from three great listeners. Today's topics include seller financing, first-lien HELOCs, and preparing for loans. Click play to hear my answers to your investing questions!
If you've ever wondered about using home equity to invest in real estate, this episode of Investing in Real Estate is for you. I'm sharing what equity is, how to build it, and how you can use your equity to grow your real estate portfolio. The simple fact is, if you own a home and you haven't considered leveraging your equity, you're overlooking an incredible tool for building wealth. I know this is a topic that many of you have questions about, and hat's why I wanted to create this episode as a guide for you to gain a better understanding of what equity is, how to create it, how to access it, and more.
Protecting your assets is an incredibly important part of being a real estate investor. What does it cost to hire a lawyer for asset protection? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three listener questions on topic like lawyer fees and attorney recommendations, what forced appreciation is and how it works, and the link between population growth and investing. Please join me for episode 815!
There's no more important piece of the passive income puzzle than hiring a great property management team. And when it comes to finding the right team for the job, you're going to have to put in some work in order to screen property management companies. On this episode of Investing in Real Estate, you'll learn five key ways to make sure you're hiring a great property manager for your rental properties. I'm sharing what to look for in an effective team, including communication skills, proactivity, and more! Join me for episode 814!
On this episode of Investing in Real Estate, I'm excited to share another investor story. Morris Invest client Geiby joins me to share his experience building a strong financial education and how he grew a portfolio of three properties with our team. In this interview, you're going to hear how Geiby got started in real estate, how he financed his properties, and the role that financial literacy has played in his journey. We're going to talk about self-directed IRAs, non-recourse financing, new construction rental properties, and more!
If you have untapped home equity you want to access in order to invest, what should your first step be? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! On today's Q&A episode, I'm taking three great questions on using home equity to buy rental properties, how to build your portfolio beyond the 10 mortgage limit, and how to use a HELOC as a down payment. Click play to hear my answers to your questions!
Today I want to talk about one of my favorite topics: full-service real estate investing. I'm often asked about the difference between turnkey real estate and full-service real estate. On this episode, I'm going to share the differences, and dive into five important things you should know about full-service investing. You're going to learn what types of investors should pursue full-service investing, and what types of benefits you can expect from this investing method. If you've ever wanted to learn more about full-service real estate, this episode of Investing in Real Estate is for you!
It's the time of year when everyone is talking about resolutions and setting goals. This is one of my favorite times of the year, and I'm excited to kick off our today's show by talking about resolutions and goal setting, specifically in the realm of financial goals. On this episode of Investing in Real Estate, I'm going to be sharing some of my top tips for getting your financial fitness in order. The new year is the perfect time to take a look at your overall financial snapshot and set a direction and intention for where you want to go over the next year. I hope these tips inspire you, and I hope 2022 is your best year yet!
Can you use money from your 401k account to buy rental real estate? And if so, how do you go about accessing those funds? That's the first question I'm answering on today's Q&A edition of Investing in Real Estate! On today's show, I'm tackling three of your great questions on utilizing a 401k to buy real estate, when to raise rents at your rental property, and how to accelerate payoff on a HELOC. Click play to hear my answers to your best real estate questions!
There many great options for real estate investors to save on taxes, but unless you're working with an amazing CPA, there are a lot of strategies you might not have heard of. You probably know about depreciation, but a cost segregation is a way for you to accelerate that depreciation and save on taxes. On today's show, I'm walking you through some of the basics of a cost segregation study. We'll talk about how it works, what types of investors can benefit from a cost segregation, and more. Please join me for episode 806 of Investing in Real Estate!
The traditional path for putting down a down payment is using cash reserves from a savings account. But not everyone has enough cash available to pay for a down payment on a rental property. What are some more creative ways of finding a down payment? That's the first question I'm answering on today's show. I'll also be answering listener questions on investing in a self-directed account, plus how to start the process of market research. Please join me for the first episode of 2022!
The house flipping industry is pretty big, and I know many investors who have made it their main source of income. I understand why it's attractive, especially to new investors or someone looking to turn a quick buck. Flipping can be profitable, but it’s not for everyone. In fact, I don't recommend it for most investors. On this episode of Investing in Real Estate, I'm going to share why I advise steering clear of flipping houses. I'm going to share how flipping can actually be a detrimental real estate strategy if you're looking to save time, avoid risk, and gain a steady income. Click play to learn why flipping houses is a bad idea!
What does it cost to hire a property management team? And is it really worth the monthly fee to work with a professional company? That's the first question I'm answering on today's Q&A episode! This episode of Investing in Real Estate features three listener questions on property management fees, leveraging the equity in rental properties, and weighing the pros and cons of a 1031 exchange. I appreciate your thoughtful questions; click play to hear my answers!
Have you noticed that single family homes are hard to find? There are a lot of things wrong with the housing market right now. We've talked recently about the housing shortage, but today I want to cover one facet of this problem that isn't talked about often—and it's one that affects investors directly. Big money is cashing in on rental real estate. Specifically, pension funds, investment firms and Wall Street banks are snapping up homes left & right. On this episode of Investing in Real Estate, we're going to talk about why this is happening, what it means for investors, and the implications on the housing market at large.
If you're looking to utilize the equity in a rental property, should you use a cash-out refinance or a home equity line of credit? On this Q&A episode, I'm answering this question by comparing the two products and sharing my personal preference. I'm also answering more listener questions on topics like how to find qualified tenants for your rental property, and how to decide if you should sell a rental property from your portfolio. I hope you find this episode useful. Please join me for episode 801 of Investing in Real Estate!
When you’re a real estate investor, it’s important to have your taxes and finances planned out before the end of the year. Come tax time, it's really too late to make any moves that can impact your tax bill for 2021. That's why you want to be proactive now and take advantage of some of the amazing opportunities and tax deductions that real estate investing has to offer. Today I'm sharing five things you should do before the year ends. If you want to be proactive about your finances and get your ducks in a row before 2022, you're in the right place.
What can you do if you've fallen off the proverbial real estate investing horse? How can you get back into nurturing your portfolio after being out of the loop? That's the first question I'm answering on this episode! On this Q&A edition of Investing in Real Estate, I'm taking three of your questions on taking care of your portfolio, dealing with tenant damages, and how to invest without using credit. Click play to hear my answers to your best real estate investing questions on today's show!
What is a cashflow statement? A cashflow statement is an incredible tool you should be using to gauge how well your real estate investing business is performing. On today's show, you're going to learn how to create your own cashflow statement and why it's so important. We're going to talk about what kind of information you should expect to see on a cashflow statement, when you should use one, and why it's helpful for real estate investing. Please join me for episode 798 of Investing in Real Estate!
Money can be a touchy subject. In fact, finances are the number one issue that couples fight about. A common theme that I hear often is that one partner is set on building wealth through real estate but the other one just isn't so sure! If this sounds like you, please know you're not alone. I've been there too, and it took a lot of experience, introspection, and hard lessons to get our family on one page. We're not perfect, but we've made a lot of progress over the years. On this episode of Investing in Real Estate, I'm sharing a handful of tips you can use to get on the same page as your partner and build generational wealth not only for your family, but with your family.
Is Biden's Build Back Better initiative harmful to investors? There has been some rumblings of this plan changing the structure of self-directed IRAs. On this Q&A episode, I'm answering this question—and more! On today's show, I'm answering three of your questions about the Build Back Better plan, paying off your mortgage with a HELOC, and what it costs to rollover funds to a self-directed IRA. Please join me for this episode of Investing in Real Estate!
If you're switching jobs in the near future, it's the perfect opportunity to build incredible wealth. Amidst a job change, you can switch your traditional retirement plan to a self-directed IRA. Instead of letting your old account sit there, you can convert it to a self-directed account that will allow you to buy residential real estate and exponentially grow your wealth. On this episode of Investing in Real Estate, I'm sharing four major advantages of switching to a self-directed retirement account.
Today's first caller has access to some untapped equity. However, he's concerned about the high prices across the board in all markets. Should he tap into his equity anyway? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate Investing, I'm taking three of your questions from my voicemail inbox. We're going to dive into topics like utilizing equity, the snowball method, and the best way to invest $100,000. Please join me for this Q&A episode!
On today's show we're going to talk about housing markets. Specifically, if you're considering investing in a certain real estate market, I'm going to share some big red flags that might pop up in your research. I get asked constantly about various rental markets, but most of the time I just don't have the data to give you a clear cut answer. I wanted this episode of Investing in Real Estate to act as a guide or checklist for you to determine whether a rental market is worth your time and investment.
If you've got a stable and profitable rental property, how can you access the equity to grow your portfolio? Should you look into a HELOC or cash-out refinance, and how do you get the process started? That's our first question on this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions about utilizing equity on a rental property, buying investments on credit, and calculating a cash-on-cash return. If you want to hear my advice and experience, this episode is for you!
Today's first caller has a $160,000 home equity line of credit, and he's wondering how many new construction rental properties he can buy. On this episode of Investing in Real Estate, I'm answering this question and more of your great investing questions from my inbox. This episode covers topics like buying newly built rental properties, how to ensure your seller financing deal is solid, and how to grow your portfolio after you've secured your first house hacking deal. Press play to hear my answers to your questions!
According to a recent report by Realtor.com, there's a huge imbalance in the supply of homes and the number of people who want to become homeowners. They estimate that the US needs over 5 million homes. Now, this isn't a new problem - but it's certainly not improving. For reference, in 2019, the same report found a shortage of 3.84 million. But between the pandemic and the red-hot 2021 housing market, things aren't looking good. On this episode of Investing in Real Estate, I'm sharing more data about the state of the housing market, and what it means for you as an investor.
There's a lot of info out there about investing in real estate. You don't have to look far to find gurus on the internet selling their courses. All of this information can be confusing and conflicting. What is actually the best way to invest in real estate? On this Q&A episode of Investing in Real Estate, I'm answering this question on how to scale a real estate business —and more! Click play to hear my answers to your questions on scaling, cash out refinances, and leveraging a high value commercial property!
Today I want to talk about what it takes to become a successful real estate investor, including 10 of the habits and mindset shifts that are a common theme among wealthy investors. Because the truth is, most top investors did not build their wealth by chance. Successful investing is the result of dedication, planning, and incredible paradigm shifts. Join me for this episode of Investing in Real Estate to learn the ten habits of wealthy, successful investors!
Should you use your HELOC to invest or use your cash instead? Is investing in a mobile home park a solid investment? Should you pay off IRS debt or buy a rental property? I'm answering these three great questions on today's show! On this episode of Investing in Real Estate, I'm answering three of your thoughtful questions on various investing topics. As always, I value your calls and I hope you find my answers helpful on your investing journey. Please join me for this Q&A episode!
One of the most popular topics I get asked about is rental markets. People always want to know, "is this city a good rental market?" The truth is, market research takes a long time—months, even up to a year sometimes. So nine times out of ten, I can't tell you if your city is a good rental market. I just don't have the data. But what I can tell you is what you should look for in a stable rental market. One of the things that I look for in a market is slow and steady appreciation. If a market is overvalued, it's going to be hard to make a solid investment there. On today's show, I'm taking you through the top 10 overpriced rental markets that you should not invest in!
What can you do if your tenant stops paying rent? Are there any protections for landlords? And what types of safeguards can you put in place to mitigate this risk? These are all great questions that I'll be answering on today's Q&A episode! This episode of Investing in Real Estate covers topics like dealing with non-paying tenants, strategizing what to do with an appreciated property, and what you need to know about tax deductions for real estate investors. Press play to hear my answers to your best real estate investing questions.
If you're new to real estate investing, there’s one important concept you need to grasp in order to be successful long-term. Most people who get into real estate investing have one goal in mind: cash flow. Of course, that is the ultimate goal, the end goal. But if you’re just starting out, you might need to adjust your approach. Don’t get ahead of yourself. You can certainly have cash flow, but maybe just not immediately. There are a couple steps before you get there. On this episode of Investing in Real Estate, I'm sharing an important principle you need to understand, the three stages of real estate investing!
Does an international investor need to travel to the US to close on a rental property? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm tackling three of your questions about rental real estate. This episode contains three thoughtful listener questions on investing in the US from overseas, how to determine if you should invest in your college town, and what you should know about our new construction rental properties. Press play to hear my responses to your best real estate questions!
A recent study found that a whopping 40% of Americans fear retirement more than death. Today we're going to dive into why that is, take a look at the study, and talk about what you can do if retiring scares you! What causes this fear and uncertainty? Simply put: a lack of planning and a lack of financial education. 68% of people said they thought their social security benefits will be enough to live on. I hate to break it to you, but this is a poor plan! On this episode of Investing in Real Estate, we're going to talk about this fear of retirement and how you can live financially free, now and into your retirement!
What exactly is a tenant turnover? And how do you keep your expenses low when going through the process? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your questions on mitigating tenant turnover expenses, buying real estate in a hot market, and deciding between a HELOC and a cash-out refinance. Please join me for episode 781 to hear my answers to your best investing questions!
When you're growing your real estate portfolio, you're likely to utilize a few different lending options. And if you've ever been through this process, you know that it can be quite grueling. Lenders will ask you for a ton of documents, credit checks, statements, proof of employment, and more personal information. I've been through this process personally many times, plus we sometimes see clients face some turbulence when applying for loans simply because they didn't realize what goes into the loan approval process. It really can be a delicate balance, and there are certain things you should NEVER do when you're applying for a loan. On today's show, I'm going to run through a list of 5 don'ts that banks want you to avoid while you're going through the loan process. The sooner you know these little hints the better off you will be in the long run. I hate to see someone lose out on a deal because of lack of understanding. Press play to hear these five tips!
If you're serious about wanting to build wealth but you're scared, what's the first step in the right direction? How can you push past fear and actually build passive income? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions. Today's topics include overcoming fear, handling out-of-state property repairs, and dealing with state filing reports. Please join me for episode 779!
We recently asked what topics you wanted to hear about, and avoiding risks in real estate was one of the most common answers we received. So on today's show, I'm here to talk about some of the top investing risks and how you can avoid (or at least mitigate them). This episode of Investing in Real Estate, I'm sharing eight of the top risks in real estate investing and what you can do to avoid them. We're going to talk about making your numbers work, putting safeguards in place  for tenant problems, and so much more!
Tapping into your home equity can be a great way to build your real estate portfolio. How do you know when it's the right time to pull the equity out of a property to buy rental real estate? That's the first question I'm answering on today's Q&A! On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions. Today's show covers topics like accessing home equity, selling appreciated properties, and what to look for in a property management company. Please join me for episode 777!
Generally speaking, I am not a fan of HOAs. You may have heard me mention in the past to steer clear of investment properties with an HOA. They can be costly, they can cut into your return, and even make you want to pull your hair out. But should you always turn down a great deal if the property belongs to an HOA? On this episode of Investing in Real Estate, I'm sharing my general philosophy on HOAs and how investors should approach them. Press play to learn more!
If you own rental properties in your own name and want to transfer them into an LLC, it can seem like a daunting process. However, ownership has important legal implications, so what are your options for doing so? That's our first question for this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions. Topics include putting rental properties into an LLC, converting your primary residence into an investment, and calculating returns on performing assets. Tune in to hear more!
Recently, we talked about ways to set realistic goals.  But setting goals alone doesn't help you make progress. Anyone can set a goal, but actually making it happen is another thing. Think about how many people make New Years' resolutions, and then totally forget about it by spring or summer!  Setting a goal is easy, but staying on track is not. You have to take action, stay motivated, and committed. So today I want to talk about three realistic strategies you can use to ensure that your long-term goals become reality.
What do you need to know about getting an inspection on a rental property? How does the process work, and how do you go about finding an inspector? That's the first question I'm answering on this Q&A episode! On today's show, I'm answering three of your great questions about inspections, single-family properties vs. multifamily, and what you should consider about paying off your mortgage. Tune in to this episode of Investing in Real Estate to hear my answers to your questions!
Today I want to talk about a few different ways to come up with a down payment that you may not have considered. We work with clients from all different walks of life - and while many have large savings accounts to pull from, I understand that's not the case for everyone. But just because you don't have cash reserves available doesn't mean that real estate investing is out of the question for you. It just means you have to work a little harder to get the ball rolling. If you're looking to build your net worth through rental real estate but you're not sure how to get started, here are five sneaky places you might find a down payment.
If you have equity in some of your rental properties, what's the best way to put that equity to work? That's the first question I'll be answering on today's show! On this episode of Investing in Real Estate, I'm answering three of your thought-provoking questions. This episode covers topics like utilizing your equity, using private money, and regulations regarding FHA loans. Click play to hear my answers to your questions!
Should you invest close to home? It depends on a number of factors, but in most cases I would venture to say that the answer is a resounding no! On today's show we're going to talk about the problems that often accompany investing in your backyard. We're going to touch on the importance of market research and doing your due diligence. We'll talk about what you need to do to get comfortable investing out of state, what your rights are as an investor, and the importance of having a great team on your side. Join me for episode 770!
What is the best way to calculate returns on a duplex? Should you just double the numbers for a single-family home, or does it come down to percentages? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm taking three of your thoughtful questions on duplex returns, what to do when a tenant makes costly damages to your property, and ideas for getting started with $20,000. Tune in to hear my answers to your questions!
I truly believe that setting goals is the only way to achieve anything in your life. Because I'm so huge on goal setting, so is my entire company. In fact, if you book a call with my team, we're going to have you fill out a goals worksheet, we're going to talk about your goals, and help you map out how you plan to make them happen. On today's show I want to talk about setting goals for real estate investing - including five tips for making your goals a reality. We're going to talk about motives, finding support, the importance of reminders, and so much more. It's all here on this episode of Investing in Real Estate!
When it comes to setting up an LLC for real estate investing, there are a few different methods you can use. There's the traditional model as well as Series LLCs. How can you determine what's right for you? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions on LLC structure options, how our company can help you with your entity set up, and ideas for building on a plot of land. Please join me for episode 767!
There are a few key habits and mindset pieces that separate those who succeed from those who fail. I'm a big proponent of taking advice from those who have proven success, and that's why I want to talk about Warren Buffett today. On this episode of Investing in Real Estate, we're looking at Warren Buffett's three rules to success, and why they're so powerful for real estate investors. You'll learn about investing in yourself, setting personalized goals, and the best way to measure your success.
Is it a good idea to house hack in order to get your start as a real estate investor? That's our first question on today's show, and I'm going to share some pros and cons of house hacking. This Q&A episode also contains questions about accelerating cash flow and what you need to know about using a HELOC to invest. If you want to hear my answers to your real estate questions, press play on this episode of Investing in Real Estate!
Today we're going to talk about five ways that our investors save. You might think that working with a full-service company would be more expensive, but that's not always the case. On this episode of Investing in Real Estate, I'm going to pull back the curtain and talk about five reasons why our investors actually pay less. Join me for episode 764!
Is now a good time to invest in real estate? Or would it be better to wait til some of the dust settles in the market? That's the first question I'm answering on this episode of Investing in Real Estate! On this Q&A episode, I'm taking three of your thoughtful questions on the right time to invest, house hacking, and using a HELOC to buy rental real estate. Click play to hear my thoughts on these topics!
Nothing makes me happier than hearing stories about investors who took charge of their financial education and built a successful rental portfolio. Today I'm proud to share this interview with Don, an investor who quickly created a portfolio of 15 rental properties in just three years. On this episode of Investing in Real Estate, Don is sharing how he got inspired to invest in real estate, the different funding methods he's used over the years, and his goals for the future. You'll hear about Don's DIY projects, as well as his experience working with our team. No matter where you are on your journey, there's a ton of value in Don's story.
If you're considering entering a real estate partnership, what's the best way to go about it? What types of safeguards should you put in place? That's the first question I'm answering on this Q&A episode! On today's show, I'm taking three of your thoughtful questions on real estate partnerships, building a real estate portfolio from the ground up, and how to decide if you should accept tenants with pets. Join me for episode 761 of Investing in Real Estate to hear my answers to your questions.
It's no secret the US is in the depths of a housing shortage. Today we're going to talk about this and what it means for you as an investor. We're going to discuss some basic economics, including how a housing shortage happens. I'll share some interesting statistics, and my opinion on how investors should navigate this housing shortage. Please join me for this episode of Investing in Real Estate!
When you're looking to expand your portfolio, you'll likely need to consider multiple funding options. Often the methods that new investors use to get started are not sustainable long-term. If you're looking to expand your funding options, where should you look? On today's Q&A edition of Investing in Real Estate, you're going to hear my opinions on three different listener questions. Today's topics include finding real estate funding, the best places to look for HELOCs, and how to cope when you're investing out of state.
When you're investing in real estate, one important aspect you don't want to overlook is asset protection. Asset protection is a critical part of your success as an investor, so it's important that you seek individualized, specialized advice from a seasoned professional. Today's guest, Clint Coons, is one of the founding partners of Anderson Law Group. Clint personally owns over 200 properties, and he is passionate about helping real estate investors protect their wealth. On this episode of Investing in Real Estate, Clint is sharing his expert advice on asset protection, LLC structuring, and so much more!
While I don't usually invest for appreciation, sometimes properties do go up in value. If your property appreciates immensely, should you sell it and make a profit? That's the first question I'm answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering your questions from my voicemail. Today's questions include topic like how to determine what to do with an appreciated property, arm's length transactions, and how to buy real estate in the US from overseas. Click play to hear my answers to your questions!
There's a huge misconception about passive income. On this episode of Investing in Real Estate, let's talk about what you really need to do in order to receive passive income from performing assets. First we're going to define what passive income is and where it truly comes from. I'm going to share the biggest misconception about passive income. You'll hear about the work involved with investing and what you need to do to nurture your portfolio. Click play to hear the truth about passive income!
If you want to pay off your mortgage, what's the best way to go about it? Is there a better strategy than just throwing cash at your loan? That's our first question on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your thought-provoking questions on paying off a mortgage, the right amount of money to start investing, and how to leverage your home's equity to build wealth. Press play to hear my answers to your questions!
On this episode of Investing in Real Estate, I want to talk about the fear that often accompanies investing in real estate. We're going to discuss dealing with fear, the history of fear, and where fear comes from. I'm also going to share my five best tips for working through fear so you can push forward with your goals. You're going to hear my best tips for identifying your fears, mitigating some tangible worries, and pushing past the fears that hold you back. If you've ever struggled with overcoming your fears, I hope this episode will arm you with some strategies for moving past them. Please join me for episode 754!
Is it a good idea to invest with a friend in a partnership? And if so, what kinds of safeguards should you put in place to protect yourself? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! On today's show, I'm taking three of your thoughtful questions on starting partnerships, renting your own investment property, and closing timeframes. There's a lot to unpack in these questions, I hope you enjoy hearing my answers.
A cost segregation study is a tax-saving opportunity that is often overlooked among investors. Because a cost segregation analysis can be so pricey, you might be wondering if it's actually worth the tax savings. On today's show, I'm going to walk you through how a cost segregation works, and how to determine if it's worth it for you. You'll learn about the types of investors that a cost segregation study works for, the benefits of going through the study, what it costs, and so much more!
What types of financing do we offer at Morris Invest? This is a great question that we receive often. We have many different programs created specifically for different types of clients. On this Q&A episode, I'm answering this frequently asked question! We're going to dive into topics like financing options, the future of the real estate industry, and how to market as a wholesaler. I was impressed by the quality and depth of your questions. Tune into this episode of Investing in Real Estate to hear my answers!
Depending on your goals and personal situation, investing with a non-recourse loan can be a great way to build your real estate portfolio. Today you're going to learn what non-recourse financing is, and why it might be the key to helping you build wealth. You're going to learn about the mechanics of the loan and what the approval process is like. I'm sharing how the non-recourse loan process works when you work with a full-service team. Press play to learn more about non-recourse financing and if it's right for you!
Is it better to use your cash to slowly buy one property at a time? Or should you use your reserves on multiple down payments? This is a common question, and it's one I'm happy to answer on this Q&A episode. On today's show, I'm answering three of your questions on the best way to use your funds, how to scale in real estate investing, and how you can learn more about our available properties. It's all here on today's episode of Investing in Real Estate!
Self-directed IRAs are steadily gaining popularity amongst investors. Today I'm sharing ten reasons why investors are turning toward self-directed accounts, and why you may want to consider a SDIRA for your retirement portfolio. On this episode of Investing in Real Estate, I'm walking you through major benefits of self-directed account, including streams of income, fees, and lowering risk. You're going to learn about the freedom and control that comes with investing in a self-directed IRA. Please join me for episode 748!
If your rental properties are tied to 30-year mortgages, do you have to wait decades to reach your Freedom Number? Is there a faster way to pay off your investment properties? That's our first question on today's show! This Q&A episode of Investing in Real Estate covers topics like paying down your rental properties quickly, how much a down payment is when you invest with Morris Invest, and the details of transferring an asset into an LLC. Press play to hear my answers to your real estate questions!
Series LLCs can be a confusing topic. If you want to learn more about Series LLCs and how they work, one of the best experts in the industry is Scott Smith from Royal Legal Solutions. Scott joined us in the Financial Freedom Academy private group to discuss the benefits of using Series LLCs for real estate investing. On this episode of Investing in Real Estate, Scott is sharing a full rundown of Series LLCs and how they work for real estate investors. You're going to hear Scott answer FFA group members' questions about legal protection, how a Series LLC holds up in court, and so much more!
Right now the housing market is hot and lumber prices are high. If you're looking for an affordable strategy to grow your real estate portfolio, you might feel like there aren't a lot of options. What's the best way to get into low cost rental properties? On this Q&A episode, I'm answering questions about affordable rental options, getting into real estate partnerships,  and how to decide if you should buy now or save for a larger down payment. Press play to hear my As to your Qs!
Because interest rates are so historically low, now is a great time to buy real estate investments with the banks' money. On today's show, Morris Invest client Bryan shares his experience purchasing new construction rental properties with conventional financing. You're going to hear Bryan's entire journey, including his Freedom Number, his experience with financing, what it's like to work with a full-service real estate company, plus his advice for aspiring real estate investors! Don't miss this episode of Investing in Real Estate!
Our mission is to educate people about the power of investing in real estate. We have over five years of podcasts, videos, and blog posts for you to dive into. But if you're a newcomer, it can be hard to determine where to begin. What's the best all-encompassing resource you can utilize to learn more about real estate investing? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm answering your questions about how to learn more about real estate investing, how to use a HELOC to meet your financial goals, and how to find the right types of properties for flipping.
If you’re seeking a simpler lifestyle, you might consider becoming a full-time real estate investor. Real estate investing offers incredible earning potential, without having to attend a 9-5 job. Today, let’s discuss whether or not real estate investing creates a simpler life. On this episode of Investing in Real Estate, we're going to talk about what it means to have a simple life. You'll learn about the kind of lifestyle you can create through real estate investing. More importantly, you'll learn how to evaluate if becoming a real estate investor is right for you.
What can you expect to pay when working with our full-service real estate team? Are there monthly fees or membership costs? On this Q&A Monday, I'm answering this question! On today's show, I'm replying to three listener questions about what it costs to work with Morris Invest, what to consider before building a new property on a piece of land, and how to get equity out of a mobile home. Press play to hear my answers to your questions!
For many landlords and tenants, right now is a challenging time. With tenants out of jobs due to the pandemic, landlords with mortgages are feeling the pinch. Today's guest, Edward O'Daniel, is here to share his experience with finding solutions for tenants during an eviction moratorium. Edward O'Daniel is a real estate investor, broker, coach, and entrepreneur behind Veteran Landlord. On this episode of Investing in Real Estate, Edward is sharing his best tips on dealing with eviction moratoriums, how to decide if being a landlord is right for you, and setting yourself up for success as a real estate investor.
When you're investing in rental properties out of state, should you go visit them? Today I'm going to share my personal philosophy on this topic, plus explain our company's policy for our investors. On this Q&A episode, I'm answering your question on visiting out-of-state rental properties, buying in overinflated markets, and achieving real estate professional status for tax purposes. Press play to hear my answers to your questions on this episode of Investing in Real Estate!
I can't tell you how many times I have heard, "my financial advisor won't work with me anymore if I pursue real estate investing," or "my financial advisor warned me against investing in real estate." But here's the thing: your financial advisor is omitting the truth. On today's show, you're going to learn why financial advisors lie about real estate investing. We're going to talk about why the financial industry creates fear, a conversation on stocks vs. real estate investments, and the importance of transparency.
One of our most frequently asked questions is about rental markets. If you want to know if we have rental properties available in your city, the answer is: probably not! We are very particular about our market criteria, and today I'm going to explain why. On this episode of Investing in Real Estate, I'm answering your questions about rental markets, deciding between real estate niches, and how to determine how many rental properties you should purchase. Press play to hear my answers to your questions!
If you're driven and consistent, you can quickly change your circumstances with real estate investing. Today's guests, Jason and Diana, are a husband and wife real estate investing team who purchased six rental properties in one short year! On this episode of Investing in Real Estate, Jason and Diana are sharing how they quickly created a real estate portfolio, increased their financial intelligence, and created a fast track to wealth building. You'll hear about their financing history, how focusing on their values brought them freedom, and much more. If you're looking for inspiration to get started on your own journey, Jason and Diana are bringing tons of value to today's show.
It's no secret that the pandemic has put strain on a lot of wallets. Eviction moratoriums have been put in place to help renters make ends meet, but what about landlords? There are a few things to consider about lease length, market conditions, and building a relationship with your property management team. With eviction moratoriums being extended, what's a smart investor to do? That's the first question I'm answering on today's Q&A! On this episode of Investing in Real Estate, I'm answering your questions about eviction moratoriums, our partner company SDIRA Wealth, and how to use a HELOC to pay off your mortgage fast. Press play to hear my answers to your questions!
If you're a high earner, a cost segregation study is an incredible tax strategy that can help you save thousands on taxes. But cost segregations can be pretty confusing and overwhelming if you're not familiar with how they work. On this episode of Investing in Real Estate, I'm joined by Josh—the cost segregation analysis expert on our team. Josh is answering cost segregation questions from our Financial Freedom Academy community. You're going to learn the basics of cost segregation, who a cost segregation analysis is for, and more of the finer details on how to lower your taxes.
How does our full-service real estate company make money? What types of fees can you expect to pay when you buy a property from our team? On today's show, I'm answering these frequently asked questions, and more. On this Q&A episode of Investing in Real Estate, you're going to learn how Morris Invest makes money, how to find a sustainable market for real estate investing, and what you need to know about setting up an LLC. Press play to hear my answers to your questions!
In real estate investing, a little mistake can cost you a lot of money. There are five common real estate mistakes that I see happen often, and I want to help you avoid these major pitfalls. On today's show, I’m sharing five costly mistakes that many new real estate investors make. We're going to talk about taxes, markets, returns, and much more. If you want to avoid headaches and save money, don’t make these mistakes!
What's the best strategy for building a real estate portfolio when you're over 50 and want to grow your retirement fast? That's the first question I'm answering on this Q&A Monday! On today's show I'm taking three listener questions about fast portfolio growth, getting started in real estate with no money, and my best recommendations for tax and legal advice. I hope my advice and recommendations are valuable to you. Please join me for this Q&A episode of Investing in Real Estate!
If you've been following me for a while, you might have noticed that our company's strategy has shifted over the past few years. While we used to focus on rehabbing rental properties, now our business is almost exclusively based around building new construction rental properties. On this episode of Investing in Real Estate, I'm going to share why our company pivoted from rehabbing rental properties, to almost exclusively building new construction rental properties. You're going to learn the three main reasons why I love new construction rental properties, and why this shift in our business model has allowed us to better serve our clients.
Is it a good idea to withdraw from your 401k plan in order to make a down payment on a rental property? That's the first question I'll be answering on this edition of Q&A Monday! Every Monday, I'm answering three of your engaging questions on the podcast. This episode covers topics like 401k withdrawal, full-service real estate pricing, and zoning issues. I hope today's show answers your burning questions. Join me for episode 729 of Investing in Real Estate!
Before you go all in on trying to build wealth, you should know that there's one thing that's more important than passive income. On today's show, we're going to talk about the one thing that's more important than creating passive income through performing assets: self-care. On this episode of Investing in Real Estate, I'm going to challenge you to think about why you want to create passive income. You're going to learn why self-care is more important than passive income, plus six main tenets you should focus on. I hope this message resonates with you!
Does it make sense to contribute to a retirement account like a self-directed IRA after age 55? And if so, how soon can you withdraw the cash flow from your rental properties inside of that account? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm answering three listener questions about withdrawing from a self-directed IRA, how to find a HELOC for an investment property, and how to decide what type of property you should add to your portfolio. Please join me for this Q&A episode!
Should you put your rental properties in an LLC? This is one of the most common questions my team is asked during our first phone call with new clients. The quick answer is: it depends. On today's show, we're going to dive into the complexities of setting up a legal entity for real estate investing. You'll learn why your legal structure depends on your financing, the importance of seeking legal advice, and why a cookie-cutter approach to investing is unhelpful.
If you want to pay off your mortgage before the scheduled payoff date, what's the best way to go about it? Should you utilize a HELOC, leverage other debt, or another method? That's the first question I'm tackling on today's show. On today's Q&A episode, I'm answering listener questions about accelerated mortgage payoff, how to save up for a down payment, and transferring your rental properties into an LLC. You'll also hear a quick rundown of what's new in the world of real estate investing. Please join me for episode 725 of Investing in Real Estate!
2020 proved that the economy is never predictable. That’s why you have to build a recession proof investing strategy that can weather any storm. Today I want to talk about creating an investment strategy that is protected from the volatile stock market and the ups & downs of the economy. On this episode of Investing in Real Estate, we're diving deep into the economy and the truth about the real estate market. You're going to learn how to create a rock solid portfolio that can handle the ups and downs of a changing economy.
Would it be a better use of your money to buy a rental property, or buy a primary residence that you intend to eventually turn into an investment? That's the first question I'm going to answer on this Q&A Monday. On today's show, I'm answering three listener questions on how to decide if you should buy a rental or a personal home, how to get started in real estate with a small nest egg, and how busy professionals can break into the real estate industry. I hope this episode helps you on your own real estate journey!
Today I want to talk about an inevitable part of being a real estate investor: the tenant turnover. For some reason, this is one part of investing that seems to scare new investors. But the truth is: a tenant turnover is simply part of being a real estate investor. On this episode of Investing in Real Estate, you're going to learn how to prepare for a tenant turnover. We'll discuss what a tenant turnover entails, plus how to prepare yourself mentally and financially. Press play to learn more!
Is it better to hold your rental properties in an LLC or trust? Will transferring your properties into a legal entity trigger a due on sale clause? This is a question we often get, and today I'm going to answer it! On this episode of Investing in Real Estate, I'm tackling three of your questions about rental property ownership, how to move forward as a new investor, and what it takes to invest in US real estate from overseas. I hope this episode clears the air on these topics and encourages you to move forward!
Before you buy a real estate investment, it's important that you understand an important distinction: turnkey providers vs. full service real estate companies. On this episode of Investing in Real Estate, we're going to hash out the differences between the two. You're also going to learn more about how our company provides a full-service experience, and what that entails. This episode is meant to help you make the best, most-informed decision for your personal situation. Press play to learn more about turnkey vs. full service real estate investing!
If you had $200,000 to invest, would it be a better choice to buy rental properties or mutual funds? On this Q&A episode, we're going to compare these two scenarios to determine which would be a better long-term investment. I'll also be answering questions on financing with a self-directed IRA, how to prepare to invest in real estate, and how to determine rental rates. I hope this Q&A empowers and educates you on your real estate journey. Join me for episode 719 of Investing in Real Estate!
Given the current economy, certain real estate investing strategies are more favorable than others. On this episode of Investing in Real Estate, we're going to talk about the two best ways to buy real estate in 2021. You're going to learn about the best financing options for buying real estate this year. We'll discuss mortgage rates, building your retirement accounts, plus you'll hear me answer some listener questions. Please join me for episode 718!
Are short-term rentals like Airbnb the wave of the future? Or should investors stick with the traditional renting model? That's the first question I'm tackling on this episode of Investing in Real Estate! On this Q&A episode, I'm taking three listener questions about short-term rentals, finding the right accounting team for tax time, and the importance of LLCs for investing in real estate. To hear my answers to your questions, press play on this episode of Investing in Real Estate!
What is it like to invest in Texas? Today I'm going to share some of the reasons I love investing in West Texas. In fact, I'm going to let you in on a little secret: Lubbock, Texas is one of the best places to invest in the US. On this episode of Investing in Real Estate, I'm going to share what it's like investing in Texas and why I believe in the sustainability of the West Texas market. You'll also hear from two of our investors who recently visited their Texas investment properties.
Should you use the equity in your rental property to buy more investments and diversify your portfolio? That's the first listener question I'm tackling on this edition of Q&A Monday! Every Monday, I answer three of your real estate related questions. This episode contains conversations on utilizing equity, accounting for your business, and how to get started in real estate with no money and bad credit. I hope this episode helps guide you on your real estate journey. Don't miss episode 715 of Investing in Real Estate!
Real estate investor and entrepreneur Jerome Maldonado is here to talk about building wealth, good debt vs. bad debt, and how to take advantage of business opportunities during times of financial distress. On this episode of Investing in Real Estate, Jerome is sharing his best business insights. You're going to learn about building wealth during a pandemic, how to evaluate debt, the future of the economy, and much more!
How do you set the groundwork in your finances to build a better financial future? On today's show, I'm sharing how you can build a customized plan to approaching your finances—plus answering more listener questions! On this Q&A Monday, I'm answering your questions on how to get your finances in order, how to assess the neighborhoods you buy your rentals in, and how to get financing post-bankruptcy.
House hacking is an incredible way to get started in real estate investing. When you utilize this investing strategy, you can increase your net worth while building your real estate portfolio and covering your personal expenses. On this episode of Investing in Real Estate, you're going to learn about the four major benefits of house hacking, and how to actually go about it. I'm also sharing some of the top mistakes to avoid when house hacking. If you're looking to ease into real estate investing, this episode is for you!
My general advice is to rent the home you live in. But what about using the equity in your primary residence to buy rental properties? Today we're going to walk through the pros and cons of owning your home. On this episode of Investing in Real Estate, I'm answering three listener questions about owning vs. renting, using business credit, and how to best utilize your savings when investing in real estate. If you want to learn more about real estate investing, this episode is for you!
During my career in the real estate business, I’ve invested in many great rental properties within the Lone Star state. Because of this, I’m often asked, “Are investment properties in Texas cheaper?” They are, and today you're going to learn why! On this episode of Investing in Real Estate, you're going to hear the two main reasons why investing in Texas is cheaper. You'll learn why I love Texas as a rental market, and why our tenants love it too!
If you've approached the traditional lending limit of ten mortgages, should you pay them off aggressively or pursue creative financing methods? On this Q&A Monday, I'm sharing my insights into evaluating your portfolio growth—and more! This episode features three listener questions including planning your payoff strategy, the best investment type for a new real estate investor, and how to get started buying real estate when you have no money. It's all here on episode 709 of Investing in Real Estate!
In my real estate investing career, I've learned a lot of lessons. I've had wins and I've had losses too. Today I'm going to share some of my shortcuts with you to hopefully help you avoid some headaches. On this episode of Investing in Real Estate, I'm sharing five real estate investing rules you should know. You're going to learn about the mechanics of a deal, getting the right team on your side, and the power of simply getting started! Press play to hear five rules you need to know!
If you've got a decent chunk of change, should you apply it toward high-interest credit card debt? Or is it better to use that money to start investing? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on paying off debt, borrowing against paid-off rentals, and how to handle high property taxes on a rental property. To hear my answers to your questions, tune into this episode!
No matter what your real estate investing goal is, our team can help you lay out an action plan to get there. On today's show, I'm going to speak specifically to investors who are ready to quickly build out a large portfolio of properties. If you're interested in buying multiple rental properties at once, make sure you purchase properties that will cash flow from day one. This episode of Investing in Real Estate is all about our Portfolio Program, and how you can use it to quickly create or expand your portfolio.
If you've got cash on hand, should you use it to buy a rental property outright? Or is it better to utilize leverage and keep your money in the bank? That's the first question I'm answering on today's show! On this Q&A edition of Investing in Real Estate, I'm tackling three of your questions about leverage, paying off debt while investing, and the best way to put an existing investment to work. Press play to hear my answers to your real estate questions!
There's trouble on the horizon for the stock market in 2021.This year is a particularly bad time to have your money tied up in the stock market. On today's show, you're going to learn why, and what to do instead of investing in stocks. On this episode of Investing in Real Estate, I'm showing you the data and explaining why you should invest elsewhere. We're sitting on one of the overvalued, speculative stock markets of all time. It's no secret that the pandemic has had lasting effects on our economy. You're going to learn three key reasons that show the market is artificially inflated.
If you're a relatively new investor, how do you know when it's time to bring on a CPA? And how can you find tax advice that's solid and tailored to your unique situation? That's the first question I'll be answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on finding tax advice, single-family homes vs. duplexes, and how to identify a niche in the market. If you've had a similar question, or simply want to expand your real estate knowledge, this episode is for you!
When you purchase a rental property, it's important to account for unexpected expenses. How much should you set aside for repairs? That's the first question I'm tackling on today's Q&A episode! On today's show, I'm taking three listener questions on setting aside funds for repairs, how to decide if you should pursue private money, and ways to get started in real estate if you don't have a down payment. Tune into this episode of Investing in Real Estate to hear my input on your investing questions!
On this episode, we're welcoming back our client Michael to discuss how he's expanded his real estate portfolio. Since we last talked, Michael has purchased more rental properties, paid off debt, and pursued multiple financing options. You're going to hear Michael's full update, including how he used conventional financing to grow his portfolio. We'll talk about the benefits of working with a full-service real estate company, tax tips for real estate investors, and more. Join us for this episode of Investing in Real Estate!
There's not one clear, defined path to building wealth. When faced with a decision, you should always analyze your entire financial snapshot, including your Freedom Number. Today I'm sharing how you can assess whether or not to sell a rental property—and more! On this Q&A episode of Investing in Real Estate, I'm answering three of your questions on deciding what to do with a paid off property, options for non-recourse financing, and how to find wholesaling leads. Press play to hear my answers to your questions!
If you want to invest in real estate, but money is holding you back, you might want to consider teaming up with other investors. This can help you gain access to capital, lower your risks, grow your portfolio, and so much more! On this episode of Investing in Real Estate, you're going to learn how to buy rental properties with multiple investors, and why it can be a smart move. You'll hear how to find and vet partners, and what you need to know before entering into a partnership. We'll walk you through the step-by-step process you need to take in order to ensure a smooth and mutually-beneficial partnership.
What's the best way to transform a liability (like your primary residence) into performing assets? That's the first question I'm answering on today's Q&A episode. On this episode of Investing in Real Estate, I'm tackling three listener questions about using home equity to buy rental properties, the best states to live and invest, and how to decide whether a renovation project is better suited for flipping or renting. Press play to hear my answers to your burning real estate questions!
It's time to wave goodbye to your 401k. There's never been a better time to walk away from this retirement plan type and start building your own future. On this episode of Investing in Real Estate, you're going to learn more about the faults of the 401k, and how you can pivot to build a retirement plan that works for you, You'll hear about the original intent of the 401k and how it's evolved over time. You'll also learn about alternative investment types, and how you can take charge of your own retirement plan. Please join me for episode 696!
If your rental property costs you a boatload in homeowner association fees every month, should you keep it and wait for it to appreciate or sell it and buy more investments? That's the first question I'm answering on today's Q&A Monday! On this episode, I'm tackling three listener questions about HOA fees, purchasing real estate in the US from abroad, and the best practices for quickly paying back a private money lender. Press play to hear my advice on this episode of Investing in Real Estate.
The end of the year is upon us, which means it’s your last chance to put in place tax strategies for 2020. Tom Wheelwright returned to the Financial Freedom Academy to answer our members' end-of-year tax questions, and today we're sharing this exclusive interview with you. On this episode of Investing in Real Estate, we’re taking you behind the scenes of our private Facebook group for the Financial Freedom Academy! In this interview,Tom Wheelwright joined our FFA members to answer live questions about end-of-year taxes, the CARES Act, professional real estate status, and more.
If you're serious about your real estate investing business (and protecting your assets), it's important that you hold your investments in a legal entity. What's the best way to transfer rental properties into an LLC? That's our first question on today's Q&A Monday! On today's show, I'm answering three of your questions about putting investments into a legal entity, what to do with a unique investment type, and how to choose the landscaping on a rental property. Don't miss this episode of Investing in Real Estate to hear my answers to your investing questions!
Most of us have been conditioned to believe that we have to go to commute every day, work from 9-5, and rely on a paycheck. More often than not, that paycheck is allocated entirely to bills, and there isn’t much left over. But what if you could flip that paradigm and stop relying on a paycheck? On this episode of Investing in Real Estate, you're going to learn how to quit your day job by acquiring performing assets. We'll talk about the US tax code, the true way to build wealth, and how you can calculate exactly how to quit your day job.
Should you cash out your 401k to buy rental real estate? That’s our first question on today’s Q&A Monday! On this episode of Investing in Real Estate, I’m tackling three listener questions. Today's Q&A episode features listener questions about cashing out a 401k, dealing with tenants who can't pay during the pandemic, and finding private money partners. Press play to hear my A's to your Q's!
Want to work with a full service real estate company? It's important that you do your research first. On this episode, you're going to learn what to look for in a reputable company—plus questions you need to ask before investing. There's no such thing as the perfect investment, but you should always do your best to mitigate risk. If you're thinking about working with a real estate investing company, it's important that you put in the work and do your due diligence.
Should you opt for credit card points or cash back rewards? According to a recent report by creditcards.com, most Americans opt for credit cards with a cash back reward. However, before you quickly sign up for cash back rewards, there are a few things you need to consider. In this episode, we're discussing American credit card trends, and how you can make the most out of your credit cards. You'll learn how to determine what type of credit card is best for you, and how to maximize its benefits!
There are five main things you should never do with your money. If your goal is to build financial intelligence, you'll need to make simple, smart money moves. On this episode of Investing in Real Estate, you're going to learn five things you should never do with your money. If you're ready to start making financially intelligent decisions, this episode is for you!
How can you use your home's equity to buy a real estate investment? That's the first question I'm answering on today's Q&A episode! Every Monday, I'm tackling your questions about all things real estate. On this episode of Investing in Real Estate, you'll hear my answers to three thoughtful listener questions. Today's topics range from HELOCs, refinancing, and selling notes. Don't miss episode 687!
If you're ready to get in the driver's seat of your retirement vehicle, a self-directed IRA is the most powerful tool for building wealth. A self-directed IRA allows you to choose your investment type, and in turn get more bang for your buck than you would with a traditional account. On this episode of Investing in Real Estate, we're diving deep into how self-directed IRAs work, and how you can determine if this account type is a fit for you. You'll learn why these accounts are the financial industry's best-kept secret, what you can do with a self-directed IRA, and how to get started if you want to take control of your financial future.
How can a real estate investor find the right bank to help them reach their goals? That's our first question on today's Q&A Monday! On this episode of Investing in Real Estate, I'm tackling three listener questions, all about financing options. You're going to hear how you can find an investor friendly bank to help you grow your portfolio, how to get started in real estate if you're starting with $0, and the best ways to use other people's money to reach your financial goals. Join me on this Q&A Monday to hear my answers to your questions.
It's not hard to find a YouTube video or Instagram post promising a get rich quick scheme. Investing in real estate through buy and hold rentals is the number one way to build wealth. But let's be honest—it's a lot of work to put all of the right mechanisms in place. This is not something you can do overnight. On this episode of Investing in Real Estate, I'm sharing 10 things you need to do before you start investing in real estate. If you've ever wondered what types of due dilligence you need to do, this episode is for you!
If you've got retirement funds in a 401k, what is the most efficient way to roll those funds into a self-directed account and purchase real estate? That's our first question on today's edition of Q&A Monday! On today's show, I'm answering three listener questions about taking money out of your 401k, making your voice heard on policies in your rental markets, and exactly what property management companies take care of. Click play to hear my answers to your questions!
So you've found a great rental property, but the high property taxes are making you pause? Let's talk about property taxes and why lower isn't always better. On this episode of Investing in Real Estate, I'm making the case for investing in states with high property taxes. When you're evaluating a rental property, don't get stuck on one number. Overall ROI is important. But in many cases, you can still get a great return with high property taxes. On today's show, you're going to learn about the role of property taxes, and how to evaluate your overall investment.
So you've found a rental property with great ROI, but it's in a state with high property taxes? Should you proceed with the deal, or look in a more favorably taxed state? That's our first question for this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions. You'll learn about topics like property taxes, LLC structures, and bank accounts. It's all here on episode 681!
One of the most common questions I get is: "how should I fund my real estate deal?" Whether it's your first rental property or you're an old pro, there isn't a simple answer to this question. On this episode of Investing in Real Estate, I'm going to share ten different avenues you can pursue to purchase your next rental property. How you fund your properties will depend on many different factors: your goals, your finances, and where you are on your unique journey. I hope this episode inspires you to think creatively about your next performing asset!
If you buy a rental property inside of a self-directed IRA, what payment method do you use to pay for repairs and other expenses? That's our first question on this episode of Q&A Monday! Today I'm answering three listener questions on various real estate topics. Our first question is about paying for expenses and repairs within a self-directed account. We'll also talk about setting up an exit plan for expiring introductory interest rates, and financing options for getting started with your first rental. Don't miss episode 679 of Investing in Real Estate!
If you're an entrepreneur in the real estate sector, generating leads is a crucial piece of your business model. And while digital marketing changed the game years ago, in recent years Facebook ads have become the optimal way to buy and sell houses. On this episode of Investing in Real Estate, our guest is Gustavo Munoz Castro, the founder and CEO of PowerISA. Gustavo is here to share his secrets to captivating Facebook ads, how to run a targeted campaign, and what you need to know to incorporate smart digital marketing strategies into your business.
If you've got a good start on self-directed retirement funds, but not quite enough to purchase a rental property outright, how can you get started? That's our first question for this Q&A Monday! On today's show, I'm taking three listener questions on various real estate topics. First, we'll talk about using your retirement funds to invest when you don't have enough to buy an entire investment. I'm also answering questions on financing options for young and inexperienced investors, plus how to determine if the HELOC method is a fit for you. Tune into this episode of Investing in Real Estate to hear my answers!
When you quit your day job and live off of your real estate business, you’ll have to pay out of pocket for health insurance. For many Americans, shifting away from an employee-sponsored health plan is a scary idea, but it doesn’t have to be! On this episode of Investing in Real Estate, you’re going to learn how to make more informed decisions about healthcare plans. We’re covering deductibles, premiums, out-of-pocket expenses, and more. If you’ve ever wondered how to pay for your health insurance yourself, this one is for you!
If you've got a stable and profitable rental property, how can you access the equity to grow your portfolio? Should you look into a HELOC or cash-out refinance, and how do you get the process started? That's our first question on this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions about utilizing equity on a rental property, buying investments on credit, and calculating a cash-on-cash return. If you want to hear my advice and experience, this episode is for you!
If you want to get started in real estate, but you're not sure what the first step is, today's show is for you. Our guest is Paul Tompkins, CEO and trainer at Flippin Experts. Flippin Experts provides comprehensive training and courses to help you land your next profitable deal. On this episode of Investing in Real Estate, Paul is sharing his secrets on how to successfully flip real estate, use your profits to build a rental portfolio, and so much more. You'll also hear how you can get a discount on your education with Flippin Experts. Enjoy!
If you own rental properties in your own name and want to transfer them into an LLC, it can seem like a daunting process. However, ownership has important legal implications, so what are your options for doing so? That's our first question for this Q&A Monday! On this episode of Investing in Real Estate, I'm answering three listener questions. Topics include putting rental properties into an LLC, converting your primary residence into an investment, and calculating returns on performing assets. Tune in to hear more!
What do you think of when you hear the term creative financing? If you're a new investor, you might feel a sense of hesitation or fear. But the world of creative financing is not as scary as it seems, and it can yield incredible results for your portfolio. Today's guest, Jesse Fragale, is here to share multiple ways you can access creative financing. Jesse is a fellow podcaster and real estate investor who shares simple, straightforward, and effective strategies for building wealth via real estate. On this episode of Investing in Real Estate, Jesse is covering seller financing, hard money loans, private lending, and more!
When you're looking to expand your portfolio, you'll likely need to consider multiple funding options. Often the methods that new investors use to get started are not sustainable long-term. If you're looking to expand your funding options, where should you look? On today's Q&A edition of Investing in Real Estate, you're going to hear my opinions on three different listener questions. Today's topics include finding real estate funding, the best places to look for HELOCs, and how to cope when you're investing out of state.
What if you had the freedom to pursue multiple passions and career paths, thanks to real estate paying your bills? Today's guest, Jeff Lerner, has done exactly that. Jeff is an author, podcaster, serial entrepreneur, and real estate investor. On this episode of Investing in Real Estate, Jeff is here to talk about entrepreneurism, building a strong retirement, and how real estate can help you create a life that you love. You'll learn about digital marketing, the mindset of entrepreneurism, and so much more!
When you're renovating a rental property, it can be difficult to know how many upgrades to include. Should you spend the extra money and hope it yields a higher rental income, or just keep it simple? On this Q&A Monday, I'm answering this question—and more! You're going to hear my thoughts on rental upgrades, choosing to work with a real estate company, attaining funding, and setting up business entities. Don't miss episode 669 of Investing in Real Estate!
If you're driven and consistent, you can quickly change your circumstances with real estate investing. Today's guests, Jason and Diana, are a husband and wife real estate investing team who purchased six rental properties in one short year! On this episode of Investing in Real Estate, Jason and Diana are sharing how they quickly created a real estate portfolio, increased their financial intelligence, and created a fast track to wealth building. You'll hear about their financing history, how focusing on their values brought them freedom, and much more. If you're looking for inspiration to get started on your own journey, Jason and Diana are bringing tons of value to today's show.
Rental income is taxed differently if you qualify as a real estate professional with the IRS. However, reaching pro status takes a time commitment of 750 hours per year. If you're thinking about becoming a real estate professional, you might be wondering what types of activities count toward those 750 hours. On this Q&A Monday, I'm answering a listener question about how to qualify with the IRS as a real estate professional. Additionally, I'm taking two more questions about refinancing after using business lines of credit, and how to make the most out of the equity in your rental property.
One of the topics that we get asked about most is short-term rentals like Airbnb. My answer is always this: short-term rentals can be profitable, but it's important to be strategic! From rental markets to policies and procedures, there are a lot of moving parts. Today's guest, Avery Carl has been incredibly successful in the world of short-term rentals.   On this episode of Investing in Real Estate, you'll hear Avery's story of using short-term rental profits to build a sustainable buy and hold portfolio. Avery is sharing her best tips and tricks on how to be successful in the short-term rental space.   Ziprecruiter.com/investing ← Try ZipRecruiter for free! Book a Call with Our Team
How do you know when it's time to start working with a property management company? This can be a hard decision for investors to make, but it's an important issue to consider. On this Q&A Monday, I'm answering this question—and more.   Today I'm answering three listener questions about hiring a property manager, evaluating financing options, and consolidating investment loans. You'll hear my personal recommendations on different investing situations, and how you can submit your questions.    Book a Call with Our Team morrisinvest.com/Clayton
What is a landlord friendly state, and why does it matter? This is one of the main components you should consider before investing in real estate. Whether or not you invest in a landlord friendly state can make or break your investing experience!   On this episode of Investing in Real Estate, you're going to learn about the importance of investing in landlord friendly states. You'll hear which states are landlord friendly, and which states are not. Additionally, we are sharing our nightmare story of investing in a state that does not favor landlords.   Ziprecruiter.com/investing ← Try ZipRecruiter for free! Book a Call with Our Team
Right now, the CARES Act is allowing Americans expanded options for tapping into retirement funds. Given these options, should you tap into a 401k to pay off high interest credit card debt? On this Q&A Monday, I'm answering this question, and more!   On this episode of Investing in Real Estate, I'm answering three listener questions on topics like accessing retirement funds, making connections in real estate, and options for using equity to expand a real estate portfolio.   Book a Call with Our Team morrisinvest.com/Clayton
In the midst of a global pandemic, what does lending look like? Certainly many aspects of the economy have seen a shift during COVID-19, and the industry of real estate lending is no different. On today's show, Anton Mattli, CEO of Peak Multifamily Funding is here to share his insights into the world of real estate lending.   Anton has 15 years of experience advising family offices, high net worth individuals, as well as private investment funds. He has facilitated several hundred million dollars in multifamily developments and acquisitions. Anton is an expert in the world of real estate lending and is bringing a ton of value to this episode of Investing in Real Estate!   Ziprecruiter.com/investing ← Try ZipRecruiter for free! Book a Call with Our Team
What should you do if you find a great real estate deal, but the property comes with inherited tenants? On this Q&A Monday, I'm sharing my outlook and experience dealing with existing tenants in a rental property.   Every Monday, I'm answering your questions here on the podcast. Today you're going to hear three listener questions regarding inherited tenants, how to appropriately calculate your Freedom Number, and the BRRRR Method.   Book a Call with Our Team Simplisafe.com/investing ← Get free shipping and a 60-day risk free trial! morrisinvest.com/Clayton ← Ask me a 30-second question!
Ready to stop living paycheck to paycheck? There are five simple action steps you need to take in order to build a better financial future.   On this episode of Investing in Real Estate, you're going to learn five tips to help you shift away from the traditional 9-5 model. If you're currently living paycheck to paycheck and wanting a change, this episode is for you.   Book a Call with Our Team
How do you set the groundwork in your finances to build a better financial future? On today's show, I'm sharing how you can build a customized plan to approaching your finances—plus answering more listener questions!   On this Q&A Monday, I'm answering your questions on how to get your finances in order, how to assess the neighborhoods you buy your rentals in, and how to get financing post-bankruptcy.   Book a Call with Our Team Policygenius.com ← Save today on your home & auto insurance! morrisinvest.com/bootcamp
Looking for an easy way to track your rental property income and expenses? It can be frustrating trying to organize multiple spreadsheets and bank accounts. Luckily, Landlord Studio has created the best real estate software on the market to help you manage everything in one place.   Today's guest, Logan Ransley is the co-founder of Landlord Studio, the only complete property management and accounting solution for real estate investors. On today's show, Logan is sharing the features and benefits of using Landlord Studio, and how you can discover if it's a fit for you.   morrisinvest.com/studio Book a Call with Our Team
If you've approached the traditional lending limit of ten mortgages, should you pay them off aggressively or pursue creative financing methods? On this Q&A Monday, I'm sharing my insights into evaluating your portfolio growth—and more!   This episode features three listener questions including planning your payoff strategy, the best investment type for a new real estate investor, and how to get started buying real estate when you have no money. It's all here on episode 657 of Investing in Real Estate!   Book a Call with Our Team morrisinvest.com/Clayton
There are many pervasive myths and misconceptions about what it takes to build wealth. If you've ever been taught about the benefits of the 401k plan or the power of tax deferral in your retirement plan, it's probably time to widen your financial perspective. Today's guest, Garrett Gunderson, has devoted his career to debunking myths about wealth building and financial efficacy.   Garrett is a New York Times best-selling author, and the CEO of Wealth Factory, a company dedicated to helping entrepreneurs understand and develop economic independence. On this episode of Investing in Real Estate, Garrett is sharing game-changing tips on how you can become financially independent in this economy, and build lasting wealth for generations to come.   Simplisafe.com/investing ← Get free shipping & a 60-day risk-free trial Book a Call with Our Team
Right now, the CARES Act is allowing Americans expanded options for tapping into retirement funds. Given these options, should you tap into a 401k to pay off high interest credit card debt? On this Q&A Monday, I'm answering this question, and more!   On this episode of Investing in Real Estate, I'm answering three listener questions on topics like accessing retirement funds, making connections in real estate, and options for using equity to expand a real estate portfolio. Don't miss episode 655!   Book a Call with Our Team morrisinvest.com/Clayton
If you want to build generational wealth for your family, then real estate investing is the right path for you. While there are many roads to financial freedom, it's always helpful to hear how others got their start and found success. Today's guest, Sam Primm, has been in the real estate industry for several years as a St Louis home buyer.   Sam is also on the education team at Faster Freedom, an education hub for real estate investors. On today's show, Sam is sharing his tips for finding deals, securing private money lenders, and building a financially free life!   HelloFresh.com/80investing ← use code 80investing for $80 off + free shipping! Book a Call with Our Team
A single-family home is a great, sustainable investment type. But what about smaller multi-family investments like duplexes and triplexes? On today's Q&A Monday, we're diving into that question—and more.   On this episode of Investing in Real Estate, I'm answering three listener questions including how to focus on an investment type, how to set aside funds for your repairs, and what is the most important piece of buying criteria for an investor. Don't miss episode 653!   Book a Call with Our Team morrisinvest.com/Clayton
A self-directed IRA is a retirement account that can hold alternative investments—including real estate. Today's guest, Glen Mather has been working in the world of self-directed IRAs since 2003. Glen is the founder of NuView IRA.   On today's show, Glen is sharing what you need to know about self-directed IRAs, including how to know if this retirement account is right for you. You'll learn about the future of self-direction, how it differs from a traditional IRA account, and much more!   Simplisafe.com/investing ← Get free shipping and a 60-day money back guarantee! Policygenius ← See how much you can save by re-shopping your home insurance rates! Book a Call with Our Team
Do you own your primary residence? If so, you might want to consider utilizing your equity in order to buy performing assets. If you've been listening to the anti-debt movement, this idea might seem scary, but it can be a great way to build wealth.   On this episode of Investing in Real Estate, I'm answering three listener questions — including how to leverage your home equity, how to handle health insurance as an entrepreneur, and how to find the silver linings in owning your home.   Book a Call with Our Team Ask me a question at speakpipe.com/clayton
If you're interested in making money in real estate but would prefer to not own a portfolio, you might want to consider buying and selling notes! Mortgage notes are an alternative asset class that can produce incredible returns.   Today's guest, Brad Smotherman, is a real estate investor, podcaster, and expert in buying and selling notes. On this episode of Investing in Real Estate, Brad is sharing his best tips for creating a profitable, sustainable real estate business. You'll learn about finding the right deals, how to find a buyer, and why marketing is the key to success.   Fiverr ← Get 10% off your first order with code CLAYTON Policygenius ← See how much you can save by re-shopping your home insurance rates Book a Call with Our Team
There are multiple ways to hold a title on an investment property, and if you’re purchasing rental properties, it’s in your best interest to do your research and make an informed decision. Unfortunately, this topic is often overlooked and is widely misunderstood.   On today’s episode of Investing in Real Estate, Natali is sharing an important lesson she learned in real estate school about holding title. We’ll discuss our real life example, as well as some other interesting scenarios. We’ll discuss why this issue is so important, and how you can protect your ownership of real estate.   Book a Call with Our Team
One of the most powerful wealth building methods is rental real estate. That's why it's so important to understand your retirement number, which we call the Freedom Number.   If you're wondering how many rental houses you need to replace your income or retire, this video will help you determine that. On this episode of Investing in Real Estate, I'm laying out a viable road to financial freedom through real estate investing.   Book a Call with Our Team
A professional cost segregation analysis on a new construction rental property can save you hundreds of thousands of dollars on your tax bill. On today's show, our cost segregation expert Josh is here to share cost segregation tax hacks.   You're going to learn the benefits of having a full-service team conduct your cost segregation, and the tax savings you could receive. Josh is sharing how you can accelerate depreciation and save thousands on your tax bill!   SimpliSafe.com/investing ← get FREE SHIPPING and a 60-day money back guarantee! Book a Call with Our Team
The Freedom Cheat Sheet is a PDF I created a few years ago when I started on my journey toward financial freedom. This document helped us set a goal, and in turn totally change our financial situation. We’ve been sharing the Freedom Cheat Sheet ever since.   Recently, Natali and I sat down to revisit and fine-tune the Freedom Cheat Sheet. On today’s show, we’ll walk you through how to calculate your unique Freedom Number. We’ll talk about the power of performing assets, how to understand your expenses, and much more. Don’t miss this episode of Investing in Real Estate!   Book a Call with Our Team http://info.ourcrowd.com/investing ←Set up your account for free!
If you're stuck in the same cycle and not building wealth, there's likely a reason why. I've noticed five main reasons and behaviors that hold people back from attaining financial freedom.   On today's show, you're going to learn the five things holding you back from creating wealth through performing assets. You'll learn about why your job blocks you from building wealth, how to be more intentional with your time and money, and much more. Don't miss episode 645 of Investing in Real Estate!   Book a call with our team: https://go.oncehub.com/morrisinvest
No matter what your niche is in real estate, there's an opportunity for you to become an authority in your local market. Today you're going to learn about effective marketing strategies you can use to build up your authority.   On this episode of Investing in Real Estate, our guest is Victoria Kennedy. Victoria is the CEO of Atlas Real Estate, a lead generation agency that is committed to providing more leads and closings for real estate professionals. She is here to share her best tips and tricks for creating authority and growing an audience in your business!   Book a Call with Our Team  SimpliSafe.com/investing ← get FREE SHIPPING and a 60-day money back guarantee!
Recently, a listener asked how we balance our assets and liabilities. In our family, we track our net worth consistently. Doing so allows us to understand how our wealth is growing.   On this episode of Investing in Real Estate, Natali and I are discussing how we calculate and track our net worth. We’ll explain how you can add up your own assets and liabilities in order to tell a story of your personal finances. Please join us for episode 643!   Book a Call with Our Team
Switching from a 401k or traditional IRA to a self-directed IRA can mean the difference between retiring comfortably to just getting by. On this episode of Investing in Real Estate, you're going to learn why switching jobs could be an opportunity to maximize your retirement savings.   If you're switching jobs in the near future, it's the perfect opportunity to switch your traditional retirement plan to a self-directed IRA. Instead of letting that old account sit there, you can convert it to a self-directed account that will allow you to exponentially grow your wealth. You're going to learn four major advantages of switching to a self-directed retirement account.   Book a Call with Our Team
Did you know that you can wholesale in the most profitable real estate markets, no matter where you live? The key to successful wholesaling is finding deeply discounted deals—so depending on where you live, you may need to look outside your own backyard.   Today's guest, Lauren Hardy, is the coach behind Virtual Investing Mastery. On this episode, Lauren is sharing her best tips and tricks for virtual wholesaling in any market. We'll talk about what it takes to succeed, how to find the right market, and how you can get started wholesaling virtually!   Book a Call with Our Team PolicyGenius.com morrisinvest.com/virtual
Today we're talking about the best state to invest in real estate. This state is the most landlord friendly state in the country for a variety of reasons, but consistent cash flow and tremendous job growth are top of the list.   On today's show, you're going to learn all about my favorite state for investing. If you're looking for the best market for real estate investing, this episode of Investing in Real Estate is for you!   Book a Call with Our Team linkedin.com/investing
Self-directed IRAs have the potential to help you maximize your retirement fund. As well, this investment vehicle provides the opportunity to become rich. If you play your cards right, a self-directed IRA can be a great tool on your wealth building journey.   On today's show, you're going to learn five tips to grow your wealth in an SDIRA. You'll learn about choosing a custodian, diversifying your portfolio, and so much more!   Book a Call with Our Team
Have you ever thought about utilizing radio ads to elevate your real estate business? You might think that the radio is an outdated way of marketing, but it turns out that this method is underutilized and highly profitable. Today's guest, Chris Arnold, is here to share how you can make radio ads work for your real estate business.   Today you're going to learn how to determine the right demographic for real estate deals, how much you should pay for an ad, and why radio ads are such a powerful tool for finding real estate deals. If you're looking to expand your business, this episode of Investing in Real Estate is for you!   Book a Call with Our Team Fiverr.com ← Get 10% off your order with code CLAYTON Sign Up for the REI Radio Program at morrisinvest.com/chris
On this episode of Investing in Real Estate, we're taking you behind the scenes of our private Facebook group for the Financial Freedom Academy! Last week, Tom Wheelwright joined our FFA members to answer live questions about taxes, capital preservation, leverage, and more.   Tom is a Rich Dad Advisor, expert CPA, the CEO of WealthAbility, and the author of Tax-Free Wealth. I hope this episode gives you insight into the resources and value we provide to our Financial Freedom Academy members. Enjoy!   Book a Call with Our Team Join the Financial Freedom Academy
If you've got a few rental properties under your belt, you might be considering leaving your day job. This is a deeply personal decision, but there are a few things you should think about when making this decision.   On this episode of Investing in Real Estate, I'm talking about developing multiple streams of income and becoming self-reliant for income. You'll learn the truth about job security and retirement plans, and how your 9-5 might be affecting your health.   Book a Call with Our Team
I know from experience, if you've got a great paying job, it can be hard to make the decision to walk away to become a full-time real estate investor. This is a very personal decision, and there's not always a clear answer or perfect timing.   On today's show, I wanted to share the story of an investor who left behind a six-figure job to jump into real estate. Will Harvey is a real estate investor, podcaster, and Vice President at CEO Capital Partners. Will is here to share his experience overcoming hardships, building a successful career, and becoming a full-time investor. Enjoy!   Book a Call with Our Team http://info.ourcrowd.com/investing ←Set up your account for free!
There are many widely-held financial beliefs and norms that are simply not true, and can block you from building wealth. When it comes to traditional advice about saving for retirement or building up a nest egg, many of us have been inundated with harmful habits and beliefs.   On this episode of Investing in Real Estate, Natali and I are sharing five myths about finances! We’ll talk about the best way to build a savings account, the truth about your 401k, and much more. If you’re ready to confront your financial beliefs, this episode is for you!   Book a Call with Our Team
One huge component of building wealth involves changing your habits and your mindset. Today we're going to talk about five things that rich people do that poor people don't.   I hope this episode will empower you to change your thoughts and behaviors, so that you can change your financial future. Don't miss episode 633 of Investing in Real Estate!   Book a Call with Our Team
There's a reason why so many businesses and entrepreneurs choose Terry Ogburn as their business coach. His proven coaching system helps business owners create a clear vision and work on what matters in their business.Terry is passionate about helping entrepreneurs plan, launch and develop their businesses with his expertise and systems.   On today's show, Terry is sharing his eight steps to reaching success in any business. Whether you want to start a business, or are looking to take your existing business to the next level, Terry's incredible tips will bring you tons of value. Plus, Terry is giving our listeners an amazingly gracious gift!   Book a Call with Our Team Manscaped ← Get 20% off with code INVESTING Website ← Set up your FREE 1-hour coaching call with Terry!
Investing in real estate and working in real estate are two different things. On today's show, you'll hear how to make the decision, and what you need to do if you're ready to get to work.   On this episode of Investing in Real Estate, you're going to learn about ten factors that make a rental market profitable and sustainable. We're going to cover vacancy rates, job growth, appreciation, and much more.   Book a Call with Our Team
Savvy investors know the importance of understanding market trends and what's happening in the real estate industry. In order to build financial intelligence, you should be paying attention to current events and the state of the economy.   However, one problem investors may run into with the mainstream news is that a lot of the content about the real estate market is written for real estate agents or consumers. It's important to evaluate news through the lens of a real estate investor. On this episode, I'm sharing four of my favorite resources for staying ahead of the market.   Book a Call with Our Team
Acquiring probate deals can be an excellent way to make money or build a portfolio. However, it's a bit more of a sensitive topic than simply buying a home. Our guest, Chad Corbett, is an expert in probate properties.   Chad Corbett is the co-founder of All the Leads, a company that provides comprehensive probate training to real estate investors. On this episode of Investing in Real Estate, Chad is back to discuss how probate real estate works, and how you can get started, even if you have no money!   LegalZoom.com ← Use code INVESTING at checkout for special savings Book a Call with Our Team morrisinvest.com/probate
On today's show, we're diving into the top ten hottest rental markets in the US. To be clear, these are not the best markets to invest, but instead the most expensive, overinflated, fastest-growing rental markets.   If you want a solid investment with higher ROI and low volatility, you'll want to avoid these top ten hottest rental markets. This list includes some of the most speculative and expensive cities in the US. Press play to hear the top ten hottest rental markets in the US!   Book a Call with Our Team
Many people are feeling the effects of the pandemic, and renters and tenants are no exception. While real estate has widely been deemed an essential business, there are still restrictions keeping business from operating as usual.   On this episode of Investing in Real Estate, John Fagan, the CEO and co-founder of Doorkee is here to share the benefits of taking your real estate business online. We're talking about virtual showings, the future of the real estate market, and what landlords can do to make the most of our current situation.   Book a Call with Our Team
So you want to pay your credit cards with tax-free dollars? On today's show, you're going to learn a financially intelligent way to maximize the money in your family business. You're going to learn how to make the most out of your credit cards by (legally) taking advantage of the way we run our business.   On this episode of Investing in Real Estate, we're diving deep into how we pay our children for age-appropriate work, and the IRS regulations on taxing their income. You'll learn about the types of expenses they can pay for with their tax-free dollars, and more!   Book a Call with Our Team
There are five main things you should never do with your money. If your goal is to build financial intelligence, you'll need to make simple, smart money moves.   On this episode of Investing in Real Estate, you're going to learn five things you should never do with your money. If you're ready to start making financially intelligent decisions, this episode is for you!   Book a Call with Our Team
Greg Dickerson is a real estate developer, the epitome of a serial entrepreneur, coach and mentor. Throughout his career, he has built and renovated hundreds of homes and commercial buildings, as well as developed residential and mixed-use subdivisions. On this episode of Investing in Real Estate, Greg is sharing his expertise on new construction properties.   You're going to hear Greg's secrets to success, including what it takes to be an effective leader and how to become an expert in any field. We're highlighting the main benefits of investing in new construction, and so much more!    Book a Call with Our Team
On today's show, I'm sitting down with Jas Takhar, the managing partner at REC Canada, podcast host, and real estate entrepreneur. Jas manages a team of realtors in Canada, and has assisted in over 700 deals in the past year. In 2019 and heading into 2020, Jas and his team have earned the number one spot nationally for helping the most buyers and sellers in their real estate transactions.   On this episode, Jas is sharing his best tricks of the trade! You'll hear about supply and demand issues, the truth about appreciation, and what it takes to be both successful and authentic in the real estate business. Jas has so much wisdom to share; don't miss this episode of Investing in Real Estate. Book a Call with Our Team
You might think it's difficult to finance a rental property, let alone an entire portfolio. The truth is, if you're willing to think outside the box, a little creativity goes a long way.   On today's show, you're going to learn about the best ways to finance rental properties in 2020. We're going to cover multiple creative ways you can finance a rental property, including non-recourse financing, business credit, speciality loans, and more!   Book a Call with Our Team
The biggest difference between aspiring real estate investors and successful real estate investors is the willingness to take action. On today's show, I'm excited to share Paul Beets' story with you. Paul is a podcast listener who utilized strategies he's learned from the show to purchase 18 properties in less than two years!   On this episode of Investing in Real Estate, Paul is sharing his story of becoming a real estate investor. You'll hear about his first deal, how he was able to grow his portfolio, and the financing strategies he's utilized. If you're looking for some inspiration, this episode is for you!   Book a Call with Our Team
It's an unprecedented time for all of us, including real estate investors. As the economy has shifted and many businesses and individuals have lost their primary sources of income, there are a lot of questions about what the future of the market holds.   On this episode of Investing in Real Estate, Ken McElroy is back to share his experience and expertise with real estate in a changing market. We'll talk about multifamily properties, commercial real estate, the future of the market, and so much more!   Get $20 off your yearly membership by visiting https://kenmcelroy.com/Clayton   Book a Call with Our Team
There is one particular investing tool that the US government makes available to its citizens that has incredible wealth building benefits. On today's show, you're going to learn about this tool, how it works, and its many benefits! Unless you're dialed into investing strategies, you might not know that this tool exists or how you can utilize it to maximize your retirement.   On this episode of Investing in Real Estate, you're going to learn the mind-blowing ways a self-directed Roth IRA can accelerate your retirement savings. If you take advantage of this strategy, you can dramatically alter your financial future. If you're interested in building wealth, growing your portfolio, and maximizing your retirement plan, this episode is for you!   Book a Call with Our Team
By popular demand, Neal Bawa is back on the show to share his expertise about rental markets and investing under uncertainties in the economy. Today, Neal is sharing how the real estate industry has been affected by the current economic downfall.   On this episode of Investing in Real Estate, you'll hear Neal's expert insights on the economy, real estate investing, and rental markets. You'll learn some ways he is working with his tenants during this trying time, how lending has changed, and what his predictions are for the 2020 rental market.   Book a Call with Our Team
During this unprecedented time, many people are working from home and business owners are searching for ways to conduct business virtually. Today's guests, Nicole Grinnell and Liz Goddard from Cc: My Admin, are experts on conducting an online business with a remote work force.   On this episode of Investing in Real Estate, Nicole and Liz are sharing their best tips for remote hiring, keeping a team on track, and how to transition your business to the virtual space. You're going to learn about how to utilize a service like Cc: My Admin, how to build out a remote team, and how you can keep your business running during a recession.   Book a Call with Our Team
Successful investors did not build their wealth by chance. Success is the byproduct of meticulous planning, discipline, and important mindset shifts. And if you want to build passive income, you’ll want to replicate these habits.   On this episode of Investing in Real Estate, you’ll learn eight habits that successful investors practice, and how you can implement them into your daily routine. We’ll talk about setting goals, powerful mindset tweaks, and more. If you’re ready to become a successful real estate investor, episode 615 is for you!   Book a Call with Our Team
Reverse mortgages have gotten a bad rap in recent years. The mainstream media has touted stories of elderly people losing their homes, and creating a fear based narrative surrounding this product. But the truth is, a reverse mortgage can be a great option in certain situations.   On today's show, Debbie Bloyd from DLB Mortgage Services is here to debunk some of the biggest myths surrounding reverse mortgages. Debbie is well-versed in the mortgage industry and has over 15 years experience with reverse mortgages. You're going to learn some of the biggest misconceptions, the truth about how the product actually works, and more!   Book a Call with Our Team
One of the most controversial topics we've ever covered here on the podcast is the Infinite Banking Concept. Many people are skeptical of any lending platform tied to an insurance policy, while others have heard horror stories. One thing is for sure, there is a lot of confusion about Infinite Banking and how it really works. So we decided to ask genius CPA Tom Wheelwright to refer us to his go-to source on all things Infinite Banking—Patrick Donohoe.   Patrick Donohoe is an expert in Infinite Banking, the founder and CEO of Paradigm Life, and the author of Heads I Win, Tails You Lose. On this episode of Investing in Real Estate, Patrick is debunking some of the most common myths about the Infinite Banking Concept. We hope this episode will empower you to educate yourself about this investing option!   Download Your Free Copy of Heads I Win, Tails You Lose by Patrick Donohoe Book a Call with Our Team
Under normal circumstances, the government has strict regulations surrounding accessing retirement funds. But during the current pandemic, individuals and businesses have received certain benefits. More specifically, the  Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has created some new options for investors.   On this episode of Investing in Real Estate, you're going to learn about how to take advantage of options available to investors, the importance of finding the silver linings during difficult times, and why now is the time to start creating the life you want to live.   Book a Call with Our Team
Have you ever wondered how to actually study a rental market? This is an important piece of the investing puzzle, because the city you invest in can make or break your experience. On today's show, Neal Bawa is sharing his expertise on how to survey and choose a profitable and sustainable rental market.   Neal Bawa is a long-time real estate investor, and the founder and CEO at Grocapitus Investments, a commercial real estate investment company. Today he's sharing his tried and true tips on how to find data on real estate markets. Neal's strategies are proven to drive results, so don't miss this episode of Investing in Real Estate!   Book a Call with Our Team
Right now we're in the throes of an uncharted territory. There's a lot of fear, uncertainty, and stress. And while those emotions are certainly valid, it's important to remember that we are resilient and these circumstances won't last forever. Smart real estate investors know that every crisis holds an opportunity. If you're looking to change the way you think and begin building a mindset that is focused on opportunity, there''s no one better to learn from than John Assaraf.   John Assaraf is one of the leading mindset and behavior experts in the world. He is a two-time New York Times Bestselling Author, and the founder and CEO of NeuroGym. In this interview, John is sharing life changing secrets from his newest book, Innercise. If you're interested in unlocking your potential, maximizing your brain, and turning fear into empowerment, this episode is for you!   SimpliSafe Book a Call with Our Team
Business Wars digs deep into some of the greatest corporate rivalries of all time. Think Facebook VS Snapchat or Nike VS Adidas. On each episode we give you an inside look at what inspired entrepreneurs to take risks that drove their companies to new heights --  or into the ground. In this season “Starbucks VS Dunkin”, they follow these two java giants in a war that started brewing in the 1950s and is now hotter than ever.  Coffee is a 100 billion dollar plus global industry with these two duking it out at the top, but their battle is about more than coffee. For the full episode go to: wondery.fm/claytonmorrisBW
There's a lot of information circulating on the internet about how to recession proof your investments during our current economic downturn. But the truth is, it's far too late for that. The only thing you can do now is move forward.   On this episode of Investing in Real Estate, I'm bringing you a reality check about finances. This is a tough love episode about taking charge of your future, becoming financially intelligent, and the power of investing in tangible assets.   Book a Call with Our Team
Did you know you can use your retirement dollars to invest in alternative assets? You can use your retirement funds to open a Checkbook Control Self-Directed Solo 401(k) or Self-Directed IRA (SDIRA) account with Rocket Dollar to invest in private assets such as real estate, funds, startups, crypto, and more. No taxes, no penalties, no extraordinary fees. Just amazing opportunities for double-digit returns within your retirement account.   Today, Dan Kryzanowski from Rocket Dollar is here to share more about alternative investing, and how to determine if it's a fit for you. If you've ever wondered about investing with a retirement account, this episode of Investing in Real Estate is for you!   Want to learn more about checkbook control self-directed accounts? Visit Rocket Dollar's Knowledge Base, schedule a call or signup online today! Don't forget to enter referral code CLAYTON19 to take advantage of $50 off.   Book a Call with Our Team
As a real estate investor, it's important to purchase your rental properties in landlord friendly states. When you look at the data, there's a clear difference between how red states and blue states handle landlord laws.   On this episode of Investing in Real Estate, you're going to hear which states performed best in the study, and what their political affiliation is. Before you dive into a rental market, it's important to be as informed as possible, and hopefully this episode will help you do your due dilligence!   Book a Call with Our Team
There's no doubt that the economy is shifting. With a worldwide pandemic and many industries in the US shutdown, it's an opportune time to get back to basics. On today's show, I implore you to undergo a financial reset.   On this episode of Investing in Real Estate, you're going to learn about using this time to focus on what matters. I'll share how you can align your finances with your priorities and how to shift your investing strategy. If you want to learn why now is the time to reset your finances, this episode is for you!   Book a Call with Our Team
One of the biggest questions we get is "how can I find private money?" This is a complex question, because not only does it involve strategy, but also crucial mindset shifts. On today's show, we're bringing in an expert to walk you through the process of getting private money, step by step.   Austin Rutherford is a 7-figure real estate investor who has done over $15 million in private money deals. On this episode of Investing in Real Estate, Austin is walking you through his exact strategy. You're going to learn where to find private money, how to talk to lenders, and so much more!   Book a Call with Our Team
In such uncertain economic times, it's important to put together a recession proof investing strategy. Accumulating assets in a self-directed IRA is an incredible way to build a sustainable retirement plan. Today's guest, Jarrett, is here to share how he started his real estate investing strategy.   On this episode of Investing in Real Estate, you'll hear about Jarrett's entry into real estate investing. He'll share how he funded his first purchase, what it's like to set up a self-directed retirement account, and his experience owning a duplex. If you're interested in what investing is like from a new investor, you'll love today's show!   Book a Call with Our Team
As the Coronavirus pandemic spreads throughout the US and the world, many investors find themselves panicking about the state of the stock market. Today we're going to talk about the effects of the economic downturn on the housing market, and in effect, real estate investors.   On this episode of Investing in Real Estate, you're going to learn about preserving wealth and the rule of thirds. We'll talk about homebuilding as an essential piece of the economy, and why real estate is sustainable if you invest correctly. Don't miss episode 603!   Book a call with our team: https://go.oncehub.com/morrisinvest
What is it actually like to invest in mobile home parks? It's easy to find sensationalized videos and podcasts from so-called experts. But the reality about mobile home investing is much different than what you might hear online.   On today's show, Ryan Narus is back to share his experience purchasing ten mobile home parks. You're going to learn about what to look for in a deal, what mobile home tenants are like, and how to find value in the industry. Don't miss episode 602 of Investing in Real Estate!   This episode is sponsored by ZipRecruiter! With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right skills and experience for your job — and actively invites them to apply. ZipRecruiter is so effective that 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. To try ZipRecruiter for free, my listeners can go to ziprecruiter.com/investing.   This episode is sponsored by Keeps! Keeps has revolutionized the way men are treated for hair loss. Thanks to Keeps, you no longer have to go to the doctor’s office for your hair loss prescription. Now, you can visit a doctor online and get your hair loss medication delivered to your home. No more waiting rooms and no more pharmacy checkout lines. Get doctor attention and discrete drug delivery, all from the comfort and privacy of your own home. If you're ready to take action and prevent hair loss, go to keeps.com/investing to receive your first month of treatment for free.   Book a call with our team: https://go.oncehub.com/morrisinvest
On today's show, Rod Khleif is back on the show to talk about how you can recession-proof your investments. Rod is sharing how he lost $50 million in 2008, plus tips to smartly invest during this current 2020 recession.   In this interview, you're going to learn how to keep your head about you while still building your portfolio, even if it feels like a world on fire. Don't miss episode 601 of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by Vistaprint! Your next big opportunity is coming right now… and we’re here to help you “Own the Now” with free shipping on any business card, in any quantity.Choose whatever style, finish, shape or paper you like and get free shipping.Just go to Vistaprint.com and enter promo code INVESTING for free shipping on all business cards, any style, any quantity. Limited time offer.   This episode is sponsored by LegalZoom! Taxes. That’s one thing we all have to deal with this time of year. And as a business owner, it’s critical to know all your options. That’s why you should lean on LegalZoom. With LegalZoom, you don’t have to worry about doing all the legwork yourself to find the right answers. Get your business on the right track for 2020 by visiting legalzoom.com today and enter promo code INVESTING for special savings.   Book a call with our team: https://go.oncehub.com/morrisinvest
If you're a landlord during a public health crisis how do you respond? It's very possible that your tenants are feeling the effects of the economic downturn of COVID-19. There are many ways that people will lose their ability to earn an income and pay their rent, which means you as the landlord could miss out on rent.   On today's show, we're talking about possibilities for getting creative and finding solution that works for you and your tenants. We'll contemplate how local governments could respond, options for waiving late fees, and how to offer compassion. Don't miss episode 600 of Investing in Real Estate!   This episode is also sponsored by LightStream! How much money are you paying in interest on your credit cards every month? With LightStream, you can consolidate your credit cards into just one payment at a lower, fixed rate and start saving money. Just for our listeners, apply now to get a special interest rate discount and save even more. The only way to get this discount is to go to lightstream.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
Have you ever considered purchasing a vacation rental, but you just don't know where to start? Today's guest, Erica Muller is the founder of Vrolio. Vrolio is a company that offers a platform for investors to buy and sell short-term vacation rental properties.   On this episode of Investing in Real Estate, Erica is sharing her insights into the world of vacation rentals. We'll talk about short-term rentals as a niche, how the market has changed, and how to be successful as a short-term investor. If you’ve ever wondered how to begin investing in vacation homes, this episode is for you!   This episode is sponsored by Fiverr! Fiverr’s marketplace helps you get more done with less. Fiverr connects businesses with freelancers who offer hundreds of digital services including graphic design, copywriting, web programming, film editing, and more. Take Five and check out FIVERR.com and you will receive 10% off your first order by using my code CLAYTON.     This episode is also sponsored by ZipRecruiter! With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right skills and experience for your job — and actively invites them to apply. ZipRecruiter is so effective that 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. To try ZipRecruiter for free, my listeners can go to ziprecruiter.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
We're always looking for ways to lower our taxes, and when our CPA told us to research a conservation easement we started researching this topic. Today we're going to share what we've learned about this tax strategy and its benefits.   On this episode of Investing in Real Estate, you'll learn about conservation easements and how they work. We'll talk about the numerous benefits, and how it can reduce your overall tax burden. If you're looking for uninteresting strategy to lower your taxes, this episode is for you!   This episode is sponsored by Rhone, the premier men's performance lifestyle brand, is designed for men who appreciate quality, comfortable clothing that fits how they live, work, and sweat. With styles for everything from the gym to the office, Rhone is the go-to choice for men living an active lifestyle. Go to rhone.com/investing today and use promo code INVESTING to get 20% off your first purchase!   Book a call with our team: https://go.oncehub.com/morrisinvest
You've got ambitious goals. So you might be thinking you should have a Plan B in place should Plan A go off the rails. The reality is, having a backup plan can actually set you up for failure.   On this episode of Investing in Real Estate, I'm sharing why having a backup plan never works. You'll learn the truth about your safety net, and why it holds you back. If you're ready to actually reach your goals, tune in to episode 597!   This episode is sponsored by Morning Invest! Morning Invest is the daily email that makes reading the investment news actually enjoyable. Subscribe at morninginvest.com   Book a call with our team: https://go.oncehub.com/morrisinvest
Want to get started in real estate, but feel held back by a low credit score? You're not alone in this, and the good news is you have options for improving your credit score. On today's show, Wayne the Credit Guy is back to run down three ways to improve your credit score!   On this episode of Investing in Real Estate, Wayne Sanford is sharing recent changes to the credit scoring system, how to intelligently get out of debt, and more. You'll learn about repairing credits, the importance of knowing your options, and the future of consumer debt in the US!   This episode is sponsored by SimpliSafe! With home security, there’s two ways you can go about protecting your home. There’s the “traditional way” where you wait weeks for a technician to do a messy installation that costs a small fortune. Or there’s the other way. SimpliSafe. SimpliSafe is everything you need in a home security system. It’s award-winning protection. Two-time winner of CNET Editors’ Choice Award. Go to simplisafe.com/investing today and you’ll get FREE shipping and a 60-day risk free trial.   Book a call with our team: https://go.oncehub.com/morrisinvest
What is a property lien and how does it work? On today's show, we're explaining the different types of property liens, and what you can expect as a real estate investor. You'll learn about different situations that might warrant a property lien, and how to understand your rights.   On this episode of Investing in Real Estate, Natali and I are sharing our experience with liens, the difference between good and bad liens, and more! If you want to know what to expect about property liens, this episode is for you!   This episode is sponsored by ZipRecruiter! With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right skills and experience for your job — and actively invites them to apply. ZipRecruiter is so effective that 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. To try ZipRecruiter for free, my listeners can go to ziprecruiter.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
Life's Little Mysteries is the newest Audioboom original podcast and co-production with Live Science. This podcast is for everyone and anyone who loves science and wants to know more about everything around us. Join hosts Mindy Weisberger and Jeanna Bryner of Live Science every Monday as they give you the low-down on all things big and small that truly make you wonder. Life's Little Mysteries has new episodes every Monday. Subscribe to Life's Little Mysteries on Apple Podcasts: https://podcasts.apple.com/us/podcast/lifes-little-mysteries/id1496044775.
If your main mission in real estate investing is to make money fast, today's show is for you! Today's guest, Zack Boothe is here to share his foolproof marketing system on driving for dollars. If you've ever been intrigued by driving for dollars, you'll want to hear about Zack's step-by-step system.   On this episode of Investing in Real Estate, Zack is sharing the three main components of his driving for dollars system. You'll learn about finding motivated sellers, how to automate your investing business, and so much more! Zack is also sharing the details behind his free webinar on finding massively discounted properties in any market!   Sign up for the free webinar at morrisinvest.com/driving   Book a call with our team: https://go.oncehub.com/morrisinvest
There's no denying this fact: the US is the best place to invest in real estate. But how can you approach this strategy when you're Canadian? It's certainly possible for Canadian investors to buy properties in the US, but there are a few extra hoops and hurdles to jump through.   There's no better person to learn about this topic from than Glen Sutherland! Glen is a Canadian investor, and the host of A Canadian Investing in the US Podcast. On today's show, he's sharing what Canadians need to know about buying rental properties in the United States!   This episode is sponsored by ZipRecruiter! With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right skills and experience for your job — and actively invites them to apply. ZipRecruiter is so effective that 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. To try ZipRecruiter for free, my listeners can go to ziprecruiter.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
On today's show, I'm joined by HGTV star, Tarek El Moussa! Tarek is here to share his tips to finding success in the real estate industry. We'll talk about his journey to becoming a famous flipper, what it takes to be successful, and how to think about mistakes in real estate.   In this interview, you'll hear the inspiring details behind Tarek's story, including how he went from living in his mom's garage to making $120k in 90 days. He'll also discuss how he pitched his show, Flip or Flop! Additionally, you're going to learn how to find profitable deals, the power of coaching, and why the ability to execute creates success!   This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding.   Book a call with our team: https://go.oncehub.com/morrisinvest
America is facing an affordable housing crisis in 2020. Per the recent Democratic debate the Democratic candidates have vastly different plans to combat the affordable housing crisis in the U.S.   On this episode of Investing in Real Estate, I'm laying out the biggest takeaways from these affordable housing plans. Highlighted here are Michael Bloomberg, Pete Buttigieg, and Bernie Sanders. Press play to learn about the affordable housing crisis in 2020!   Book a call with our team: https://go.oncehub.com/morrisinvest
One of the most common questions new investors have is "when is the right time to invest?" And while there are varying opinions on this topic, most successful, long-term investors seem to take the same approach.   Today's guest, Eric Bowlin, has been in the real estate industry for over 10 years, and has over 480 units. On this episode of Investing in Real Estate, Eric is sharing his common-sense approach to timing the market. We'll discuss how to find the right deal, the ebbs and flows of the economy, and more!   This episode is sponsored by LegalZoom! Over the past 19 years, LegalZoom has helped more than two million Americans start their businesses, by incorporating, forming an LLC, and more. Go to legalzoom.com today and enter promo code INVESTING in the box at checkout for special savings.   This episode is also sponsored by LightStream! How much money are you paying in interest on your credit cards every month? With LightStream, you can consolidate your credit cards into just one payment at a lower, fixed rate and start saving money. Just for our listeners, apply now to get a special interest rate discount and save even more. The only way to get this discount is to go to lightstream.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
What is a real estate pro forma, and how does it work? A pro forma is a critical document used to evaluate a piece of real estate. On today's show, Natali and I are discussing the ins and outs of a real estate pro forma so that you can better understand how to project returns.   You're going to learn what a pro forma is, when to use it, and mistakes to avoid! We're sharing a free download, plus having a conversation about logically evaluating a real estate investment. Don't miss episode 589 of Investing in Real Estate!   This episode is sponsored by LinkedIn! Hiring the right people is one of the best ways to help grow your business, but it shouldn’t take time away from your other priorities.  With LinkedIn Jobs, it doesn’t have to. Find the right person for your business TODAY with LinkedIn Jobs.  You can pay what you want and get the first $50 off. Just visit linkedin.com/investing.   This episode is also sponsored by Handy! Handy is the leading platform for connecting individuals looking for household services with top-quality, independent service professionals. From home cleaning to handyman services, Handy instantly matches thousands of customers every week with top-rated professionals. And for my listeners, Handy has a special limited time offer. Get your first 3-hour cleaning for ONLY $29 when you sign up for a cleaning plan. Go to handy.com/investing and enter promo code INVESTING.   Book a call with our team: https://go.oncehub.com/morrisinvest
Poor is a temporary state—a short-term season of life in which money is lacking. But how do you break out of this cycle? Today you're going to learn how to identify why you haven't been able to build wealth, plus tips to start moving in the right direction.   On this episode of Investing in Real Estate, I'm sharing the three main reasons that keep people poor. You'll learn about setting goals, how to start being more intentional about your purchases, and the importance of the people you surround yourself with. Don't miss episode 588!   Book a call with our team: https://go.oncehub.com/morrisinvest
In real estate investing, there's a lot of talk about the future of the market. In fact, there's been talk of an impending recession for years. And although no one can confidently predict what will happen, today's guest is an honest and reliable source!   Kathy Fettke is a real estate investor, author, podcaster, and co-founder of the Real Wealth Network. Kathy always has her finger on the pulse of what's happening in the real estate market. On today's show, she's discussing how to make money with a wealth mindset, and what you need to know about the economy. Additionally, you'll learn about how to make smart choices as an investor, and what to look for in a stable market!   This episode of Investing in Real Estate is sponsored by Vistaprint! Your next big opportunity is coming right now… and we’re here to help you “Own the Now” with free shipping on any business card, in any quantity.Choose whatever style, finish, shape or paper you like and get free shipping.Just go to Vistaprint.com and enter promo code INVESTING for free shipping on all business cards, any style, any quantity. Limited time offer.   This episode is also sponsored by ZipRecruiter! ZipRecruiter doesn’t depend on candidates finding you. It finds them for you. 4 out of 5 employers who post on ZipRecruiter get a quality candidate within the first day. See why ZipRecruiter is effective for businesses of all sizes. Try ZipRecruiter for free at ziprecruiter.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
What is a landlord friendly state, and why does it matter? This is one of the main components you should consider before investing in real estate. Whether or not you invest in a landlord friendly state can make or break your investing experience!   On this episode of Investing in Real Estate, you're going to learn about the importance of investing in landlord friendly states. You'll hear which states are landlord friendly, and which states are not. Additionally, we are sharing our nightmare story of investing in a state that does not favor landlords.   This episode of Investing in Real Estate is sponsored by Fiverr! Thanks to Fiverr, finding the right freelancer doesn’t have to be a struggle. Fiverr’s marketplace helps you get more done with less. Fiverr connects businesses with freelancers who offer hundreds of digital services including graphic design, copywriting, web programming, film editing, and more. Take Fice and check out Fiverr.com and you will receive 10% off your first order by using my code INVESTING.   Book a call with our team: https://go.oncehub.com/morrisinvest
Most investors think their IRA is a steel trap, not realizing how dependent it is on a booming stock market. This means that investors put their retirement money into a place where they have little to no control and hope for the best. But this is not the only way to build wealth for the future.   On this episode, you'll learn the truth about stock-based retirement accounts and their dependence on the volatile stock market. You'll learn how to take control of your retirement, and why you might want to consider switching to a self-directed IRA. If you're tired of your retirement funds being subject to the changes in the stock market and are ready to steer your own ship, this episode is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
On today's show, Michael Zuber is back to share why you should make it your goal to purchase four rental properties. In this interview, Michael is sharing his insights on setting attainable goals, what it's really like to be a landlord, and how to grow your wealth one rental at a time.   You're going to learn how your life could change by simply purchasing four rental properties. If you're interested in building passive income through real estate investing, I hope Michael's story will inspire you to take action.   This episode is sponsored by SimpliSafe! With SimpliSafe,you get comprehensive protection for your entire home. Outdoor cameras and doorbells alert you to anyone approaching your home. Entry, motion and glass break sensors guard inside. It’s 24/7 monitoring by live security professionals. You can set up your system yourself, no tools needed—or SimpliSafe can do it for you. Visit simplisafe.com/investing. You’ll get FREE shipping and a 60-day risk free trial.   Book a call with our team: https://go.oncehub.com/morrisinvest
We take the responsibility of instilling financial intelligence in our children very seriously. As our society becomes less and less reliant on cash, we've had to consider the importance of teaching our kids about how credit cards work. Money can be a difficult concept for young children to grasp, and credit is even more complicated.   On this episode of Investing in Real Estate, we're sharing our journey of giving our children a financial education. You'll hear about how we teach our kids to manage their money, how we use debit cards made specifically for minors, and how our kids earn and budget their money.   Book a call with our team: https://go.oncehub.com/morrisinvest   Greenlight
You want to retire with comfort, security, and a sustainable income. When it comes to retirement planning, there's no better financial tool than the self-directed IRA. Investing in real estate is one of the most powerful ways to grow your wealth, and with a self-directed IRA, you can strategically plan your way to a profitable retirement.   On this episode of Investing in Real Estate, you're going to learn about the freedom that's available to you by investing in a self-directed IRA. You'll hear about how to buy real estate investments with your retirement account, all while securing a sustainable retirement.   Book a call with our team: https://go.oncehub.com/morrisinvest
Did you know that there's currently more capital available to businesses today than ever before? It seems counterintuitive post-2008 financial crisis, but the truth is that the tightening of bank regulations opened up a lot of options for alternative lending.   Today's guest, Ty Crandall is a widely-recognized authority in business financing and credit building. He is the CEO of Credit Suite, where he advises clients on business credit building and scoring. On this episode of Investing in Real Estate, Ty is sharing the ins and outs of business credit. If you're ready to grow your business credit, this episode is for you!   This episode is sponsored by Keeps! Keeps has revolutionized the way men are treated for hair loss. Thanks to Keeps, you no longer have to go to the doctor’s office for your hair loss prescription. Now, you can visit a doctor online and get your hair loss medication delivered to your home. No more waiting rooms and no more pharmacy checkout lines. Get doctor attention and discrete drug delivery, all from the comfort and privacy of your own home. If you're ready to take action and prevent hair loss, go to keeps.com/investing to receive your first month of treatment for free.   Book a call with our team: https://go.oncehub.com/morrisinvest
If you own an LLC or other business entity for your real estate investments, you're required to file an annual report in the states you conduct business. An annual corporate filing explains your companies members and business activities. The filing process can vary state by state, but as a business owner, it's your responsibility to complete this document.   On today's show, Natali is sharing the details on annual corporate filings for real estate investors. We'll discuss the main purpose of the filing, what is typically contained in the report, and how to ensure you complete it correctly. If you want to learn how to file an annual corporate report, this episode is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
So you want to retire in your 30's? Today you're going to learn how to achieve early retirement through passive income. On this episode, you'll hear six strategies you can utilize to save money, get out of debt, and purchase performing assets that will help you retire early.   This episode will teach you about student loan debt and the ROI of going to college, and the power of avoiding liabilities like credit cards and cars. You'll learn about starting a business, saving on living expenses, and how to begin building wealth at a young age.   Book a call with our team: https://go.oncehub.com/morrisinvest
Have you ever considered using the incredible returns available from wholesaling real estate to build a buy and hold portfolio? Lance Wakefield is a real estate wholesaler in the Dallas, Texas area who grew his portfolio from one to three digits in less than a year!   On today's show, Lance is diving deep into his real estate strategy, including marketing, banking, acquisitions, and more. Lance has so much wisdom on ethical and profitable wholesaling; you won't want to miss this episode of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by LegalZoom. Over the past 19 years, LegalZoom has helped more than four million people. They provide the resources you need to confidently resolve your personal and business legal needs. Go to LegalZoom.com today, and enter the promo code INVESTING in the box at checkout for special savings.   Book a call with our team: https://go.oncehub.com/morrisinvest
As buy and hold investors, it is typically our goal to keep all of our rental properties long-term. But occasionally, there are situations in which it makes sense to sell an underperforming or particularly exhausting asset. On today's show, we're letting you in on a conversation about a portion of our portfolio.   You're going to hear how an experimental package of rental properties has gone sour. We'll talk about some of the headaches we've experienced the past few years, and why we're considering selling these properties. Our intent is that this conversation will allow you to learn from our mistakes. Please join us for this episode of Investing in Real Estate!   Book a call with our team: https://go.oncehub.com/morrisinvest   This episode of Investing in Real Estate is sponsored by LinkedIn! If you’re a business owner looking to grow your business, LinkedIn can help you find the right hires that can set you up for a strong year. LinkedIn Jobs screens candidates with the hard and soft skills you’re looking for, so you can hire the right person fast. Find the right person for your business TODAY with LinkedIn Jobs. You can pay what you want and get the first $50 off. Just visit   linkedin.com/investing.
"Nothing happens until something moves." - Albert Einstein   What is the biggest determinant of success? I'm convinced it's not greatness, money, or privilege—but the ability to take action. On today's show, you're going to hear how ideas combined with action can create success.    You're going to learn how to put together an action plan to reach your goals, how to find the motivation to get started. If you're ready to take bold action and pursue your goals in 2020, this episode is for you!    Book a call with our team: https://go.oncehub.com/morrisinvest
Do you need funding for your small business or for real estate investing? Today we're sharing a game changing strategy you can use to attain business funding at 0% interest! Mike Banks from Fund&Grow is back to let you in on how you can jumpstart your business goals with their done-for-you service.   On this episode of Investing in Real Estate, you're going to learn how Fund&Grow can help you establish business lines of credit to start-up your business or purchase real estate. You'll learn how the process works from start to finish, including main qualifications, timelines and more. Ready to fund your next business idea? Press play to learn if Fund&Grow is a fit for you!   Book a call with our team: https://go.oncehub.com/morrisinvest   Save $500 off your sign-up fee by visiting morrisinvest.com/funding   This episode is also sponsored by Fiverr! Thanks to Fiverr, finding the right freelancer doesn’t have to be a struggle. Fiverr’s marketplace helps you get more done with less. Fiverr connects businesses with freelancers who offer hundreds of digital services including graphic design, copywriting, web programming, film editing, and more. Take Five and check out FIVERR.com and you will receive 10% off your first order by using my code INVESTING.
Contrary to popular belief, more often than not a primary residence is not a performing asset. On today’s show, we’re going to ask you to challenge your mindset when it comes to being a homeowner.   On this episode of Investing in Real Estate, Natali and I are sharing three key questions you can use to determine if your home is a performing asset. You’ll learn why the American Dream is a lie, how to truly build wealth, and how to get out from underneath the weight of your mortgage!   This episode is sponsored by Vistaprint! Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get free shipping on all business cards, any style, any quantity. Just go to Vistaprint.com and enter promo code INVESTING for free shipping on all business cards, any style, any quantity. Limited time offer.   This episode is also sponsored by Fiverr! Thanks to Fiverr, finding the right freelancer doesn’t have to be a struggle. Fiverr’s marketplace helps you get more done with less. Fiverr connects businesses with freelancers who offer hundreds of digital services including graphic design, copywriting, web programming, film editing, and more. Take Five and check out FIVERR.com and you will receive 10% off your first order by using my code INVESTING.   Book a call with our team: https://go.oncehub.com/morrisinvest
Successful investors did not build their wealth by chance. Success is the byproduct of meticulous planning, discipline, and important mindset shifts. And if you want to build passive income, you’ll want to replicate these habits.   On this episode of Investing in Real Estate, you’ll learn eight habits that successful investors practice, and how you can implement them into your daily routine. We’ll talk about setting goals, powerful mindset tweaks, and more. If you’re ready to become a successful real estate investor, episode 573 is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
What's your excuse? Honestly, what is it that holds you back from investing in real estate? Today you're going to hear an honest conversation about how to identify your challenges, and how to turn them into opportunities. There's no one better to learn this lesson from than Noah Laith.   Noah is a real estate entrepreneur with an incredible story of overcoming hardships. In this interview, we're discussing all of the mindset blocks that hold you back from reaching your potential. Noah is sharing invaluable tips on learning, executing, eliminating distractions, and more!   This episode is sponsored by SimpliSafe! With SimpliSafe, you get comprehensive protection for your home. It’s all monitored twenty-four seven by live security professionals. You can set up your system yourself, with no tools needed—or SimpliSafe’s experts can do it for you. Go to simplisafe.com/investing to get free shipping on your order, plus a 60-day money back guarantee.   Book a call with our team: https://go.oncehub.com/morrisinvest
One key habit that all successful people share is the practice of reading on a regular basis. This isn’t hyperbole—people like Bill Gates, Oprah Winfrey, and Warren Buffet have all credited their daily reading routine as part of their success.   On today’s episode of Investing in Real Estate, I’m sharing five tips you can implement in order to make reading a priority in your life. You’ll learn how to carve out the time, creating a positive environment for yourself, and how reading can make you a better investor!   Book a call with our team: https://go.oncehub.com/morrisinvest
What could you accomplish if you were not afraid? Over the holiday season, I read a book that changed the way I think. On today's show, I want to share a simple principle from this book that can help you eliminate your fear-based excuses.   In this episode, I'm going to challenge you to set a 30-day goal that will help you improve your life. You'll learn about the simple question you can ask yourself, and how you can learn more about yourself through this challenge. If you're ready to change the way you think, this episode of Investing in Real Estate is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
Whether or not you've taken action as a real estate investor, you probably know that fear is a huge factor that stops people from taking action. Today's guest, Ryan Narus is here to share his experience with overcoming fear and becoming a successful real estate investor.   On this episode of Investing in Real Estate, Ryan is talking about his journey transitioning from car salesman to real estate investor. We'll talk about addressing limiting beliefs and underlying fears, how to create your own path and find your niche, and so much more. Don't miss episode 569!   Book a call with our team: https://go.oncehub.com/morrisinvest
You asked, we delivered! In this video, we’re sharing 5 apps we can’t live without! Many of you know, I love all things tech, and Natali loves all things organization. So naturally, apps help us simplify our real estate business.   On this episode of Investing in Real Estate, you’re going to learn the apps we use on a daily basis to run our real estate business. This list covers everything from loan calculators to PDF editors. If you’re looking for apps to streamline your business, this episode is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
Today's show is the last episode of 2019, and I want to share how you can plan for your best year ever in 2020. You're going to learn about the power of setting your intentions, and how to deal with people who doubt your dreams. We'll discuss the importance of getting your advice from the right sources, and how to walk boldly into your goals for the new year.    Most importantly, I want to take a moment to say thank you for joining us on this journey in 2019. We look forward to bringing you more value into the new year! We hope you have your best year ever in 2020!   Book a call with our team: https://go.oncehub.com/morrisinvest
If you want to create financial independence in your life, it starts with one thing: knowing your goal. If you know what your expenses are, you can then determine how many performing assets it would take for you to live financially free. This is no arbitrary number; this is setting a real goal based on your real life!   On today's show, we're breaking down the FIRE Movement and the one thing it actually takes to create passive income. You'll learn the basics of the FIRE Movement, some of the main objections, and what financial independence really means. If you want to live financially independence, this episode of Investing in Real Estate is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
Setting business and financial goals are essential for your success. But on the other hand, sometimes it can be beneficial to take a step back from crunching numbers, and instead focus on team building. On today's show, we're discussing how we use non-financial goals in order to reach our financial goals.   On this episode of Investing in Real Estate, Natali and I are sharing how training for a race is helping us improve our business partnership. You'll learn about the importance of team building exercises, how setting goals together can strengthen your relationship, and how focusing on something outside of our business can help us reach our goals.    Book a call with our team: https://go.oncehub.com/morrisinvest
With the holidays approaching, now is the perfect time to think about your goals and what you want to achieve. There are 72 hours in a week after you sleep eight hours per night and work 40 hours a week for someone else. In 2020, what will you do with those 72 hours every week?   On this episode of Investing in Real Estate, I want to discuss how to take stock of your year and determining where you're wanting to go in the new year. I implore you to make a plan during your free time over the holiday break, and begin working toward your goals. If there's something you've been putting off, I hope today's show will inspire you to make the leap!   Book a call with our team: https://go.oncehub.com/morrisinvest
If you've ever renovated a rental property, you know that hiring reliable contractors is a critical piece of your success. And hiring a contractor is no easy feat–there are a lot of things to take into account in order to get the right team for the job. On today's show, Jose Jaramillo is back to share his tips for finding the right contractor.   You're going to hear everything you need to consider before you hire a contractor for your investment property. We'll talk about contractor rates and dependability, how to screen contractors, and how to make sure you have the right fit for your project's needs. Don't miss episode 563 of Investing in Real Estate!   This episode is sponsored by SimpliSafe! If you’re looking to fully protect your home with award-winning, 24/7 home security, now is the time to do it! SimpliSafe has everything you need to protect your home and family. SimpliSafe made a holiday offer with our listeners in mind, but it ends December 31st. They rarely do deals this big, so now’s your chance. Visit simplisafe.com/investing to find out just how much you’ll save.   Book a call with our team: https://go.oncehub.com/morrisinvest
As we head into 2020, now is the perfect time to organize all of your business and investment documents. As a real estate investor, there are important tax and property documents to keep track of, and it's always a smart idea to be organized! Putting systems in place can help you avoid headaches and be more productive.   On this episode of Investing in Real Estate, we're sharing how to get organized for 2020! You'll hear three main areas you should consider organizing before the new year, and how to efficiently do so. We'll talk about optimizing your digital folders, maintaining proper records for physical documents, and more!   Book a call with our team: https://go.oncehub.com/morrisinvest
The US is the best place to buy high return real estate investments, no matter where you live. However, the access to entry can seem overwhelming from overseas. From financing to finding properties, it can be hard to do it all from across the map. If you're a foreign real estate investor, there are some amazing advantages to buying US real estate that you should know. There are so many powerful wealth building advantages available to you if you utilize the right strategies.   On today's show, you're going to learn the best and easiest way to invest in US real estate. You'll hear about non-recourse financing, and why it's a great option for foreign investors. I'm learn 10 benefits of purchasing US real estate, plus how to finance your purchase. If you've been thinking about buying US real estate, this video is going to blow your mind!   This episode of Investing in Real Estate is sponsored by Corporate Direct. Corporate Direct helps entrepreneurs and investors in protecting their assets and incorporating their businesses. To save $100 off your asset protection services, visit https://morrisinvest.com/LLC.   Book a call with our team: https://go.oncehub.com/morrisinvest
You probably already know that student loan debt has impacted many Americans' ability to purchase homes, invest, and save money. But when you actually look at the worsening data from the past decade, the trends are staggering.   Mike Brown, a Research Analyst at LendEDU put together a report on how student loan debt has changed over the past ten years. On this episode of Investing in Real Estate, Mike is sharing his findings and how they impact Americans' finances. We'll also have a conversation about tuition costs, the ROI of going to college, and more!   Book a call with our team: https://go.oncehub.com/morrisinvest
If you're seeking a simpler lifestyle, you might consider becoming a full time real estate investor. Real estate investing offers incredible earning potential, without having to attend a 9-5 job. Today, we want to discuss whether or not real estate investing creates a simpler life.   On this episode of Investing in Real Estate, Natali and I are sharing our experience as real estate investors. We'll compare our investing duties to our past careers, and talk about the type of lifestyle we've been able to create. You'll learn about nurturing your portfolio, the responsibilities of an investor, and more!   This episode is sponsored by HealthIQ! Health IQ uses science & data to secure lower rates for people like YOU on their life insurance. To see if you qualify, go to healthiq.com/investingto take the proprietary Health IQ quiz. Depending upon your score, as well as other related qualifying factors, you can save up to 41% on your life insurance premiums compared to other providers.   Book a call with our team: https://go.oncehub.com/morrisinvest
Your overall attitude is an important piece of the puzzle when it comes to achieving goals. No matter what your wealth building strategy is, you will be hard-pressed to make progress without the right outlook. Today's guest is here to share how transforming her mindset totally changed her real estate business.   Kaylee McMahon is a real estate investor, brokerage owner, and apartment syndicator who is known as the Apartment Queen. On this episode of Investing in Real Estate, Kaylee is sharing how she has used manifestation to grow her businesses. We'll talk about how to develop a strong money mindset, and how to align your ideas with emotions. Kaylee has so much inspirational wisdom to share on today's show!   Book a call with our team: https://go.oncehub.com/morrisinvest
On today's show, I'm joined by Glenn Stromberg, an expert in the manufactured housing industry! Glenn is here to share why manufactured housing is the best kept secret in real estate investing, and some of the benefits of investing in manufactured housing.   You'll learn about the tax benefits, including how depreciation and cost segregation work on this investment type. Glenn is sharing the details of what to look for in a manufactured investment, and what investing in manufactured housing is like. Don't miss episode 557 of Investing in Real Estate!   This episode is sponsored by Rhone, the premier men's performance lifestyle brand. Rhone is designed for men who appreciate quality, comfortable clothing that fits how they live, work, and sweat. With styles for everything from the gym to the office, Rhone is the go-to choice for men living an active lifestyle. Go to rhone.com/investingand use promo code INVESTING to get 20% off your first purchase!   Book a call with our team: https://go.oncehub.com/morrisinvest
On this episode of Investing in Real Estate, I'm excited to share my conversation with new investor, Michael. Michael is here to share his experience purchasing rental properties, overcoming apprehension, and his journey working with our team at Morris Invest.   You'll hear about Michael's turnkey properties, as well as some of his DIY rentals. We'll talk about the importance of strategy and identifying your why, plus some of the mechanics of being a real estate investor. I hope you'll find Michael's story inspirational - don't miss episode 556!   This episode is sponsored by Simplisafe! SimpliSafe is my choice for home security. It’s comprehensive, professional home security at a fair price. And right now is the best time of the year to get a SimpliSafe security system: for the holidays, you get a HUGE discount on your security system—and a free security camera! Go to Simplisafe.com/investingto take advantage of Simplisafe's amazing holiday savings AND get a free HD security camera!   Book a call with our team: https://go.oncehub.com/morrisinvest
As we approach the end of the year, many businesses and individuals find themselves assessing their growth and setting goals. On today's show, I want to discuss the right way to evaluate and measure goals in the new year. No matter what your goal is for 2020, I hope today's show will resonate with you.   You're going to hear about aligning your goals with your purpose. I'll discuss setting real, numbers-based projections, the importance of growing in alignment with your why, and the importance of having a sense of purpose when you're growing. Please join me for episode 555 of Investing in Real Estate!   Book a call with our team: https://go.oncehub.com/morrisinvest
On today's show, I'm joined by a husband and wife real estate investing team, Johnny and Jenny Situ. After immigrating from China to the US, the Situs built a rental portfolio of nine rental properties and launched their successful real estate app, DealCrunch! You're going to hear Jonny and Jenny's story of how they lost everything in the stock market, then pivoted to real estate investing. We'll discuss the details of their first deal, plus the advantages of using DealCrunch. Don't miss this episode of Investing in Real Estate! Book a call with our team: https://go.oncehub.com/morrisinvest
A Deferred Sales Trust is one of the most powerful tools available to real estate investors.This strategy can help you build wealth, defer taxes, and maximize your depreciation benefits. The key to taking advantage of this powerful tax deferral tool is to understand how it works.   On today’s show, Brett Swarts from Capital Gains Tax Solutions is back to break down the Deferred Sales Trust. We'll talk about tax advantages, estate taxes, depreciation schedules, and more. If you want to determine if a Deferred Sales Trust is right for you, don't miss this episode of Investing in Real Estate!   Book a call with our team: https://go.oncehub.com/morrisinvest
This holiday season, my family and I are inviting you to join our No Liability Holiday Challenge. This is an opportunity to break away from the massive consumerism that the holiday season encourages. It is also a way to give more meaningful gifts.   On this episode of Investing in Real Estate, you'll learn all about the No Liability Holiday Challenge and how you can join. I'll share the rules, a list of gift ideas, and what you can gain from participating.   Book a call with our team: https://go.oncehub.com/morrisinvest
As a real estate investor, asset protection is incredibly important. Most business owners get sued at some point, so it's critical to ensure that you have the right protection in place, proactively! On today's show, we're diving into the world of trusts with Bruce Mack!   For over 25 years, Bruce has been a successful real estate investor. He is also one of the nation’s foremost authorities in financing, credit, and other financial services. At Platinum Trust Group, Bruce and his team help their clients establish trusts that eliminate the need for liability insurance, protect assets, and become virtually lawsuit-proof. On today's show, Bruce is sharing what you need to know about setting up a trust, and how to determine if a trust is right for you!   This episode of Investing in Real Estate is sponsored by SimpliSafe! If you’ve been thinking about your home security, there is no better time to get it than right now. Because starting this week, SimpliSafe Home Security is giving our listeners exclusive deals for Black Friday. SimpliSafe almost never has deals like this. So if you’re thinking about protecting your home, check out SimpliSafe today! SimpliSafe is already the best value in home security. And right now, you’ll get all the savings from their massive Black Friday sale. Just visit simplisafe.com/investing. This offer ends Cyber Monday.   Book a call with our team: https://go.oncehub.com/morrisinvest
On this episode of Investing in Real Estate, I'm sharing a personal, devastating story of how I once lost everything in a speculative land project. You'll hear the details of the deal and how it went under.   More importantly, I'll share how I recovered from that setback. I'll discuss the lessons I learned about investing in real estate, why I chose to continue investing, and how to have a positive mindset when things don't go your way. I hope this episode inspires you to move forward, no matter what hardships you've faced.     This episode is sponsored by Vistaprint! Whatever reaction you’re looking for this holiday, you can spread more joy with custom holiday cards, calendars and photo gifts from Vistaprint. Vistaprint has custom calendars for gifts that keeps giving…all year round. You can also upload your favorite photos right from your phone and save on mugs, canvases and other photo gifts. So this season make more merry at Vistaprint with up to 50% off all holiday cards and photo calendars, plus great deals on photo gifts. Just visit vistaprint.comand enter promo code INVESTING50. Offer expires January 5.   This episode of Investing in Real Estate is sponsored by Enclosed! Gentlemen, are you looking for something different and romantic to give your wife or girlfriend this holiday season? Do not buy her another sweater or flowers. Surprise her with designer lingerie from Enclosed. Once you sign up, Enclosed will send her a new gift every month. Your work is done, and she enjoys a custom-curated surprise, month after month. Enclosed is offering a special offer for our listeners: when you sign up at getenclosed.com, use our special coupon code ​CLAYTON ​at checkout to save $35 off the purchase of any multi-month gift.   Book a call with our team: https://go.oncehub.com/morrisinvest
When you're trying to make a positive change in your life, it's important to assess sources of negative energy that might be dragging you down. You might find yourself surrounded by negative friends, colleagues, or family members who are sabotaging your growth.   On this episode of Investing in Real Estate, you will learn about five strategies you can use to disarm the toxic people in your life. I'll discuss having compassion, being a positive role model, and more. If you are dealing with naysayers in your life, this episode is for you.   Book a call with our team: https://go.oncehub.com/morrisinvest
Have you ever thought about the role of photography and marketing within the real estate industry? Whether you're trying to list a property or find a tenant, high quality photos can go a long way in building your business. Today's guest, Darryl Glade, is the co-founder and CEO at the real estate photography platform, Stilio.   Stilio offers an innovative approach to photography for real estate professionals. Their platform connects real estate professionals to photographers. On this episode of Investing in Real Estate, Darryl is sharing the importance of real estate photography. You'll learn about the importance of marketing in real estate, how to get consistent photos, and more!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees, or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.   Book a call with our team: https://go.oncehub.com/morrisinvest
Even though it's the end of the year, it's actually the perfect time to be strategic about tax season. Investing in real estate is an incredible tax shelter on its own, but smart investors know that in order to reap the most tax benefits you have to plan for taxes year-round.   On this episode of Investing in Real Estate, Natali and I are sharing three important tax strategies to employ before December 31. You'll learn about estimating your income, making tax deductible purchases, and more! We hope this episode will inspire you to make some financially intelligent moves before the year ends!   Book a call with our team: https://go.oncehub.com/morrisinvest
The end of the year is always a great time to assess your goals. As a real estate investor, there are tremendous tax benefits to purchasing real estate before the end of the calendar year. If you can take initiative now, you'll reap numerous rewards from purchasing a rental property (or two!) before the year ends.   On this episode of Investing in Real Estate, I'll share a few reasons why the end of the year is the best time to buy real estate. You'll learn about the importance of getting focused about your finances, and how to stop letting your excuses hold you back. If you're ready to take action before the end of the year, this episode is for you!   Book a call with our team: https://go.oncehub.com/morrisinvest
Real estate investing is the number one way to build wealth in the United States. From cash flow to tax deductions, there’s no denying the power of purchasing real estate investments. And the good news is, you don’t have to reinvent the wheel to become wealthy via real estate.   Today’s guest, Alex Babayev is here to share a successfully proven strategy for building financial independence through real estate. You’ll learn about educating yourself, conducting market research, and the power of taking action. If you’re ready to be financially independent, this episode of Investing in Real Estate is for you!   This episode is sponsored by Pitney Bowes! With SendPro Online from Pitney Bowes, it’s just click, send and save for as low as $4.99 a month. Schedule package pick-ups and track shipments from departure to arrival. And for being one of our listeners, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to access this special offer!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode545
It’s no secret that the internet and social media have changed the game for many industries, and real estate is no exception. The days of handing out business cards, knocking on doors, and cold calling are fading into the past, and now real estate professionals can harness the power of social media to find deals.   Today’s guest, Nate Kennedy is a real estate investor and digital marketer who helps other real estate professionals grow their businesses and develop their brands online. In this interview, he’s sharing how to build a strategy around marketing and branding, the power of having genuine conversations, and how to build your presence online. Don’t miss episode 544 of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by HelloFresh! With HelloFresh, America’s #1 meal kit, get easy, seasonal recipes and pre-measured ingredients delivered right to your door. All you have to do is cook and enjoy! From step-by-step recipes to pre-measured ingredients, you’ll have everything you need to get a wow-worthy dinner on the table in just about 30 minutes. For a limited time only, get 9 free meals with HelloFresh by visiting HelloFresh.com/INVESTING9 and use promo code INVESTING9.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode544
Wealthy people usually have a few things in common: the right mindset, passive income, and good spending habits. In fact, I've noticed five key areas in which most rich people refrain from spending money. These five categories are what truly separates the wealthy from the poor and middle class.   On this episode of Investing in Real Estate, I'm going to share 5 expenses rich people avoid. You'll learn about spending habits, college debt, housing costs, and more. If you want to learn about emulating the habits of wealthy people, this episode is for you!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode543
As promised, on today’s show you're going to learn how to find fix and flip properties. In part three of our Flipping Mastery Series, Jerry Norton is back to share exactly how to find a distressed property to fix and flip! Jerry is a house flipping expert and the owner of Flipping Mastery, an education company that has taught real estate investors to flip over $100 million in real estate.   On this episode of Investing in Real Estate, Jerry is sharing the key components of finding a deal. We'll discuss the importance of finding motivated sellers, and the two different ways to find deals. Jerry is giving an overview of his deal-finding software, and sharing how you can quickly make $10k off your first deal.   Jerry Norton's Flipping Mastery 10k Club: http://bit.ly/2PvkxMc    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode542
When you quit your day job and live off of your real estate business, you'll have to pay out of pocket for health insurance. For many Americans, shifting away from an employee-sponsored health plan is a scary idea, but it doesn't have to be!   On this episode of Investing in Real Estate, you're going to learn how to make more informed decisions about healthcare plans. We're covering deductibles, premiums, out-of-pocket expenses, and more. If you've ever wondered how to pay for your health insurance yourself, this one is for you!   This episode of Investing in Real Estate is sponsored by Rhone! Rhone is a men's performance lifestyle and premium activewear brand that is engineered for unparalleled quality and comfort. They are an absolute necessity for guys on the go. It doesn’t matter if you’re training in the gym or jumping on international flights, they are your new go-to men’s clothing brand. Go to rhone.com/investing today and use promo code INVESTING to get 20% off your first purchase.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode541
Recently, my nine-year-old son asked me what a paradigm is, and on today’s show I want to dive into what it really means to identify and change your paradigm. Because when it comes to making a big change in your life, you first have to consciously shift your paradigm.   On this episode of Investing in Real Estate, you’re going to learn about changing your paradigm about money. We’ll discuss how your mindset creates your reality, how to consciously begin changing the way you think, and how to create a better financial situation for you and your family.     Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode540
What could you learn from following the advice and actions of the world’s top real estate investors? How would your mindset shift? How would your portfolio grow? Erez Cohen has collected this knowledge first-hand, and he shares it in his new book Real Estate Titans.   On today’s show, I’m joined by Erez to discuss the inner workings of a real estate titan’s mind. We’ll discuss three of the biggest lessons from the world’s top investors, as well as Erez’s personal journey into real estate. We’ll talk about mindset habits, business growth, and so much more! Erez has so many insights to share, I know you’ll enjoy this interview.   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode539
Setbacks are a part of any business, and real estate investing is no exception. When many new investors experience problems in their business, it can be easy to begin spiraling into fear, regret, and insecurity. On today’s show, Natali and I want to talk about what these setbacks can teach you about yourself.   If you’ve ever gone through a hardship in your business, and found yourself regretting purchasing real estate, this episode is for you. You’ll learn about appropriately managing your expectations, how to get through a tough time, and the importance of thinking of your setbacks objectively. Please join us for episode 538 of Investing in Real Estate! This episode is sponsored by Vistaprint! With Vistaprint, you can get free shipping on any business card, in any quantity. Choose whatever style, finish, shape or paper you like. Select your own colors, fonts, designs and images to create something as unique and compelling as your business. You can feel good knowing that Vistaprint uses only carefully selected inks and responsibly sourced paper stocks. Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get free shipping on all business cards, any style, any quantity. Just go to Vistaprint.com and enter promo code INVESTING.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode538
Theodore Roosevelt once said, “I wish to preach, not the doctrine of ignoble ease, but the doctrine of the strenuous life.” On today’s show, I want to dissect what that quote means, and how it relates to your financial outcome.   You’ll learn about making sacrifices, getting outside of your comfort zone, and taking risks. I’ll talk about the benefits of living a strenuous life, and how you can benefit from living in discomfort. Please join me for episode 537 of Investing in Real Estate!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode537
At Morris Invest, we are passionate about continued learning. We believe that there is not one set-in-stone path to financial freedom, but that you must instead forge your own way. The best way to do so is to inform yourself about the different opportunities and strategies that exist.   On this episode, we’re covering five of the best books for wealth-building. Topics range from taxes to mindset, and more! If you’re looking to learn more about building wealth, you’ll want to hear this book roundup!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode536
Understanding your expenses and your overall net worth is an important piece of your overall financial snapshot. But what’s also important is understanding the amount of performing assets that are necessary to create financial freedom for your family. This episode is my interview on the Get Rich Education Show!   In this interview, you’ll learn about the power of the Freedom Number, how to leverage your investments, and how to grow your portfolio. You’ll hear about the problem with falling in love with real estate, how to make your investments passive, and more!   This episode of Investing in Real Estate is sponsored by Zapier! Zapier is the easiest way to automate your work. It connects all your business software and handles work for you, so you can focus on the things that matter most. Zapier lets you instantly engage with leads, send them to a CRM or spreadsheet, then notify your team so they can act fast on every opportunity. And that's just scratching the surface. Zapier supports more than fifteen-hundred business applications, so the possibilities are virtually endless. Right now through November, try Zapier for free by visiting our special link, zapier.com/investing.   This episode is also sponsored by Rhone! Rhone is a premier men's performance lifestyle brand,designed for men who appreciate quality, comfortable clothing that fits how they live, work, and sweat. With styles for everything from the gym to the office, Rhone is the go-to choice for men living an active lifestyle. Rhone makes something for the modern man regardless of the occasion. For 20% off your order, go to rhone.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode535
In Robert Greene’s book Mastery, he writes, “There are two kinds of failure. The first comes from never trying out your ideas because you are afraid, or because you are waiting for the perfect time. This kind of failure you can never learn from, and such timidity will destroy you. The second kind comes from a bold and venturesome spirit. If you fail in this way, the hit that you take to your reputation is greatly outweighed by what you learn. Repeated failure will toughen your spirit and show you with absolute clarity how things must be done.”    On this episode of Investing in Real Estate, I want to talk about these two types of failure, how to boldly chase your dreams, and what you can gain from failing. We’ll discuss Henry Ford, how failure can help you grow, and more!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode534
Most entrepreneurs are into crunching numbers and improving analytics. When you’re in that mindset, it’s easy to keep striving for more success and more money. But at some point, you have to ask yourself the question: “when is enough, enough?”   On this episode of Investing in Real Estate, I’m excited to introduce you to Brandon Middleton! Brandon is the epitome of an entrepreneur, a podcaster, and a real estate investor. He’s here to share how he transitioned from building a million dollar business owner to a passive investor. We’re talking about tips for entrepreneurs, how to scale your business, and how to have a healthy relationship when you work with your spouse. Don’t miss episode 533!   Today’s episode of Investing in Real Estate is sponsored by ZipRecruiter! ZipRecruiter doesn’t depend on candidates finding you. It finds them for you. See why ZipRecruiter is effective for businesses of all sizes. Try ZipRecruiter for FREE by visiting ziprecruiter.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode533
When you’re a real estate investor, you’re going to have to deal with repairs from time to time. A great property management team will help manage the maintenance of repairs, but as the owner, you’ll still have to make financial decisions and take responsibility.   On this episode of Investing in Real Estate, Natali and I are sharing our experience with letting property management teams handle repairs. We’ll talk about getting second opinions, ensuring your quotes are reasonable, managing your expectations, and more. Don’t miss episode 532!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. There’s no contract, hidden fees or fine print. For free shipping and a 60-day risk-free trial, visit simplisafe.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode532
American Elections: Wicked Game is a new podcast from the host of Wondery’s American History Tellers (Lindsay Graham) that will explore all 58 presidential elections, leading up to the big day in November 2020. From the inevitable election of George Washington in 1789, to Donald Trump’s surprise electoral victory in 2016, we’ll attempt to discover if there ever was a “good ol’ days,” or if presidential politics have always been played dirty. Listen now at: http://wondery.fm/AmericanElectionsIR
Every single real estate investor, entrepreneur, and human is bound to face failure at some point. When it comes to your business, the potential for failure can seem scary—but it’s also part of the growing process.   On today’s show, I want to touch on the importance of failing early in your investing career, and how it can make you stronger. You’ll learn the value of failing, why it’s actually a good thing to experience failure ASAP, and how to become better from your problems. Don’t miss episode 531 of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by Pitney Bowes! Shipping and mailing from your desk has never been simpler than with SendPro Online from Pitney Bowes. With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 (four dollars and 99 cents) a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. And for being an Investing in Real Estate listener, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to redeem this special offer!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode531
On today’s episode of Investing in Real Estate, I’m joined by Brian Ellwood, a real estate professional who retired by the age of 30 thanks to passive income. Brian’s passion is teaching others how to replace their income by acquiring rental real estate.   In this interview, Brian is sharing his inspirational story of quitting his job, getting involved with wholesaling, and becoming a buy and hold investor. We’ll discuss the power of setting clear goals, getting in the right mindset, and how to find your place in the real estate industry.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode530
From time to time, you might find yourself considering the option of selling one of your rental properties. Whether it’s due to market shifts, or personal financial situations, if you find yourself tempted to sell your rental property, there are a few things to consider.   On this episode of Investing in Real Estate, Natali and I are talking about long-term buy and hold strategies, addressing underlying fears, and what to do if you feel like you need to sell a rental property. Please join us for episode 529!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode529
When interviewed about his car production process, Henry Ford said, “I’ve never made a mistake in my life. Never! And neither did you ever make a mistake—or anybody else .For what purpose do you suppose you are living on earth? Do you know what you are here for? l'll tell you what every living person is here for, and that is to get experience. That's all we can get out of life.”   On today’s show, I want to talk about the value of making mistakes. I’ll share some of my own struggles in my business, and my attempts to grow from them. You’ll learn about the power of getting uncomfortable and taking risks, and how to use your own mistakes as learning tools.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode528
Self-storage is one incredibly fascinating area within the real estate investing industry. Self-storage investing involves many of the staples of running a real estate business like taxes, acquisition, and monthly cash flow—but without having to worry about on-site tenants.    On this episode of Investing in Real Estate, I’m joined by Scott Krone of Coda Management Group. Scott is here to share his unique approach to self-storage investing, including building a simplistic business model and why demographic trends can create a need for self-storage. You’ll learn about converting buildings for self-storage, what it takes to get started, and much more!    This episode is sponsored by Lumin Skin! You dress to impress, you exercise, and you eat well. What are you doing for your face? Lumin takes the stress out of building a skin care regimen – each set comes with a simple routine that can be done in under two minutes. Lumin is offering our listeners an exclusive free trial—just pay $5.99 in shipping. That’s a $45 set, yours for free by visiting luminskin.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode527
If you find yourself wanting to sell a rental property, capital gains taxes can be incredibly challenging. By now, you probably already know the power of a 1031 Exchange. But like most strategies, a 1031 Exchange is not one-size-fits all.   On today’s show, Brett Swarts from Capital Gains Tax Solutions is here to share what a Deferred Sales Trust is, how it differs from the 1031 Exchange, and how you can use it to defer taxes when selling highly appreciated assets. This strategy is a game changer—you don’t want to miss episode 526 of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by Simplisafe! SimpliSafe protects every door window and room with twenty-four-seven professional monitoring. They make it easy. There’s no contract, hidden fees or fine print. Prices are always fair and honest, and around-the-clock monitoring is just fifteen dollars a month. And for my listeners, SimpliSafe has a huge deal going on right now. Go to simplisafe.com/investing and get free shipping and a money-back guarantee!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode526
I’m a sucker for a great story. I don’t care what it’s about – if it’s compelling, I want to hear about it. That’s why I’m so excited about this new daily sports podcast from Wondery and The Athletic. It’s called ​The Lead​, and it’s a sports show for everyone: from die-hard fans to people like me who just love a ​good​ story. Every weekday morning, ​The Lead​ will bring you one big story from the Athletic's all-star team of local and national sports reporters. Some stories will be a fresh take on a major news event, and other episodes will feature an in-depth look into what’s been happening off the field. From a story about how the Ice Bucket Challenge started with a women’s volleyball team, to the intersection of sports and mental health, ​The Lead​ is your daily lens into the biggest stories of the day, told by the people who write them. The Lead​ is hosted by sports writer Kavitha Davidson and Peabody award-winning journalist Anders Kelto, who will take you behind the scenes with comprehensive reporting and exclusive interviews you won’t hear anywhere else. You’re about to hear a preview of The Lead that takes a deep dive into the Tampa Bay Rays fanbase and what the future of the team could look like. While you’re listening, go subscribe to The Lead on Apple Podcasts, or wherever you’re listening for your daily dose of sports. There’s also a link in the episode notes that will take you there.
Like any worthwhile venture, investing in real estate can come with its challenges. From evictions to bad business deals, most investors have a horror story or two under their belt. On today’s show, I want to talk about how to approach these challenges with positivity and resilience, and how to grow through adversity.   This episode is all about looking for your next challenge, and how to become immersed in a growth mindset. You’ll learn about learning from your difficulties, how to gain wisdom and strength, and what it means to look for your next rock to climb.   This episode of Investing in Real Estate is sponsored by Clearbanc!  Clearbanc has created a new way for founders to raise money without tapping into their personal resources. They can fund you anywhere from $10K to $10M in a single day—all you need to do is fill out their 20-minute term sheet to get started. As a special gift to my listeners, qualifying companies that get approved by Clearbanc will get $1,000 of additional capital! To signup visit clearbanc.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode525
Physical rental properties are not the only performing asset that can help you build wealth. Holding paper, also known as seller financing, is a smart way to diversify, bring in cash flow, and create financial freedom. And on the other hand, if you’re looking to acquire real estate, owner financing can be a smart way to make a purchase.   Today’s guest, Mark Ross, is the CEO at Good Steward Lending Services, a company that provides solutions to buy, sell, and lend against notes. On today’s show, Mark is starting the ins and outs of holding paper, including the subtleties of the Dodd Frank law, the benefits of owner financing, and how to create a deal that is beneficial for all involved parties. Don’t miss episode 524 of Investing in Real Estate!   Today’s episode is sponsored by Vistaprint! For small business owners, being plugged in and prepared when an opportunity comes up is crucial. Those moments happen all the time… they’re happening now. And having a business card that shows how professional you are in your pocket, ready to hand out, is the first step to making something happen. Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get free shipping on all business cards, any style, any quantity. Just go to Vistaprint.com and enter promo code INVESTING2 for free shipping on all business cards, any style, any quantity. Limited time offer.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode524
A lot of new investors often wonder how long it will take them to make back their initial investment on a rental property. However, this is the wrong question to ask. When you become a real estate investor, you’ll want to start thinking of your money as streams of cash, not piles of cash.   On today’s show, we’re walking you through a real life example from one of our listeners. You’ll hear exact numbers, ROI, and how to start asking the right questions when it comes to your investments. Please join us for episode 523 of Investing in Real Estate!   This episode is sponsored by Zapier! Growing a business is hard, especially when you're wasting hours every day moving data from emails to spreadsheets to your CRM to wherever. Shouldn't that kind of stuff just happen, without you lifting a finger? Zapier can help. Zapier is the easiest way to automate your work. It connects all your business software and handles work for you, so you can focus on the things that matter most. Right now through November, try Zapier free by going to our special link, zapier.com/investing.    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode523
What is it like to replace your paycheck with passive income, live financially free, and escape the rat race? This episode is my interview with Robert Kiyosaki on the Rich Dad Radio Show—recorded shortly after I retired from broadcast television thanks to real estate investing.   In this interview, you’ll learn about reverse engineering your expenses, how to allow money to flow through you, and my journey to becoming a real estate investor. Please enjoy my interview with Robert and Kim Kiyosaki, and Ken McElroy!   This episode of Investing in Real Estate is sponsored by Pitney Bowes! Shipping and mailing from your desk has never been simpler than with SendPro Online from Pitney Bowes. With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 (four dollars and 99 cents) a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. And for being an Investing in Real Estate listener, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to redeem this special offer!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode522
If you’re a DIY landlord, you know how stressful and unorganized it feels to manage multiple spreadsheets, field phone calls and maintenance requests, and everything else that goes along with the rental business. But managing your rental properties doesn’t have to be difficult—as long as you put the right systems in place.   On today’s show, Ryan Coon, the co-founder and CEO of Avail Landlord Software joins us to talk about simplifying your real estate business. Avail is a software that helps landlords list properties, screen prospective tenants, collect payments, and manage maintenance requests, all in one place! In this episode, you’ll learn about the benefits of using a landlord software program, and how Avail can help you become a more efficient, profitable landlord!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode521
Many people are looking for a strategy to help them get rich quick. But the truth is, wealth building is a slow and steady process that involves a lot of patience and persistence.   On this episode of Investing in Real Estate, you’ll learn a realistic and sustainable strategy you can use to get rich, over time. You’ll learn about starting from where you are, how to be intentional and creative, and why you should welcome slow and steady wealth building.   This episode of Investing in Real Estate is sponsored by ZipRecruiter! ZipRecruiter doesn’t depend on candidates finding you. It finds them for you. Its technology identifies people with the right experience and invites them to apply to your job. So you get qualified candidates fast. See why ZipRecruiter is effective for businesses of all sizes. Try ZipRecruiter FOR FREE at ziprecruiter.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode519
Oftentimes, the hardest part of building wealth can be changing your mindset. Many of us have been indoctrinated with false ideas about saving for retirement, the morality of debt, and what it means to purchase your primary residence. But once you can start questioning those ideas and beliefs, you can begin to identify what is true for you, and lay out your own path to financial freedom.   Today’s guest, Financial Freedom Academy member Drew, is living proof! While completing the Financial Freedom Academy, Drew and his wife were able to shift their mindsets, get clear about their goals, and purchase 22 rental properties in just one year! On this episode, Drew is sharing his experience as an FFA student, what it’s like to become a successful real estate investor, and his goals for his family business!   Today’s episode is sponsored by Peloton! Can’t find a workout that keeps you engaged? Peloton is an immersive cardio experience with real-time features that will always keep you coming back. One subscription is all you need to get unlimited classes for the entire family. No commute. No reservations. Peloton is offering our listeners a limited-time offer. Get $100 off accessories when you purchase the Peloton Bike, and get a great cardio workout at home. Go to onepeloton.com and use promo code INVESTING to get started.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode518 Join FFA: http://financialfreedomacademy.com
Once springtime came around, our renovation project made great progress! Since you last saw these rental properties, our construction team has been hard at work on the windows, floors, cabinets, and even a special project for a Section 8 tenant.   In part 3 of our Behind the Scenes of a Renovation Series, you'll see the interior and exterior of multiple rental property units. We'll take a look at new flooring and countertops, check out the progress of the bathrooms, and more! Don't miss part 3 of this series!   Book a call with our team: https://goo.gl/qr6iat Show notes & video: http://morrisinvest.com/episode517
Labor Day marks the end of summer, back-to-school time, and a great opportunity to get organized. On this episode of Investing in Real Estate, I’m sharing some motivation you can use to build financial freedom.   On today’s show, you’ll learn about getting organized, setting clear goals, and the power of building an action plan. I hope this episode inspires you to create a path toward financial freedom. Happy Labor Day!   This episode is sponsored by ButcherBox! With ButcherBox, you can skip the store and have high-quality meat delivered right to your doorstep. Every box is is perfectly packed and portioned for your needs, and shipping is always free. To redeem your free gift, visit morrisinvest.com/box.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode516
What would it be like to purchase five rental properties, start a successful wholesaling business, and eliminate your spouse’s day job—all in less than a year? Today’s guest, Financial Freedom Academy member Vance, is here to share his incredible story of building wealth!   You’ll learn about Vance’s experience in the Financial Freedom Academy, how he started his wholesaling business, and how he started investing with a self-directed IRA. We’re discussing the importance of following one mentor, tangible steps to start taking action, and how to build a diversified real estate investing business! Please join us for episode 513 of Investing in Real Estate!   This episode is sponsored by SimpliSafe! SimpliSafe protects every door window and room with twenty-four-seven professional monitoring.  Prices are always fair and honest, and around-the-clock monitoring is just fifteen dollars a month. Visit simplisafe.com/investing to get free shipping and a 60-day risk-free trial!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode513 Join FFA: http://financialfreedomacademy.com
In part 2 of our Behind the Scenes of a Renovation Series, I'm taking you back to my rental properties to assess the rehab process. You'll see various stages of renovation throughout the investment properties, and get a look at the teams at work!   Additionally, we're going to run the numbers, take a look at what this project costs, and talk about unforeseen costs. If you've ever wondered what a rental property renovation is like, costs and all, this episode is for you.   This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding.    Book a call with our team: https://goo.gl/qr6iat  Show notes & video: http://morrisinvest.com/episode514
With recent news of a possible recession and impending tax cuts, it’s important to think about the best place to put your money. On today’s show, I’m sharing where the rich are investing, and what you need to consider.   On this episode of Investing in Real Estate, you’ll learn the best assets to invest in. We’ll talk about how the rich are moving their money, what to expect from the economy, and more! Please join me for episode 513!   This episode is sponsored by ButcherBox! With ButcherBox, you can skip the store and have high-quality meat delivered right to your doorstep. Every box is is perfectly packed and portioned for your needs, and shipping is always free. To redeem your free gift, visit morrisinvest.com/box.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode513
How do you stop thinking like a paycheck employee, start a business, and begin purchasing performing assets that allow you to live your passion? When we created the Financial Freedom Academy, our intent was to help people do exactly that.   On today’s episode, we’re sharing an interview with Kahn, a member of the Financial Freedom Academy! Kahn is sharing his journey through taking the course, confronting his limiting beliefs, and following his passion.   This episode is sponsored by Lumin Skin! You dress to impress, you exercise, and you eat well. What are you doing for your face? Lumin takes the stress out of building a skin care regimen – each set comes with a simple routine that can be done in under two minutes. Lumin is offering our listeners an exclusive free trial—just pay $5.99 in shipping. That’s a $45 set, yours for free by visiting luminskin.com/investing.   This episode is also sponsored by Vincero Watches! It’s the biggest sale of the year. Everything onsite is on sale. No exclusions. When it comes to watches, this is the best bang for your buck you will ever have the chance to get. Go to vincerowatches.com to shop the anniversary sale!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode412
Have you ever wondered what it’s like to transform a distressed rental property into a fully functioning home for tenants? In this series, I'm taking you behind the scenes of a rental property renovation.   In part 1, you'll see a bit of the neighborhood, and what the property looks like during this stage of repair. We'll talk about contractors, tenants, and more. Come along for this renovation tour!   This episode is sponsored by Mint Mobile! Mint Mobile provides the same premium network coverage as the big name wireless companies you’re used to, but at a fraction of the cost because everything is online. To get your new wireless plan for just 15 bucks a month, and get the plan shipped to your door for FREE, visit mintmobile.com/investing.   Book a call with our team: https://goo.gl/qr6iat Show notes & video: http://morrisinvest.com/episode511
Working with a mentor can yield incredible benefits, but the key is to find the right mentor for you. And more importantly, you should choose one mentor instead of finding different pieces of conflicting advice.   On this episode of the Investing in Real Estate Podcast, I’m sharing a conversation I had with one of our Financial Freedom Academy members. You’ll learn about the importance of following one path to success, how to find a mentor that resonates with you, and the benefits of working with a mentor.   This episode is also sponsored by Clearbanc! Clearbanc is changing the way entrepreneurs raise money with equity-free capital. Clearbanc makes equity free investments from $10K - $10M and can get you a term sheet in less than 20 minutes. They charge a small flat fee for the capital, and you pay them back using a win-win rev share. So if you are doing over ten thousand a month in revenue, find out how you can receive Clearbanc capital by getting your 20 min term sheet at clearbanc.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode510
One interesting way of building a real estate portfolio is to acquire probate deals. However, this can be a sensitive topic, so it must be approached with kindness and empathy. Chad Corbett is the co-founder of All the Leads, a company that provides comprehensive probate training to real estate investors.   On today’s show, Chad is pulling back the curtain on the probate industry so you can learn how to build a portfolio of probate deals. You’ll learn how to find probate deals, how to be an effective and fair negotiator, and more! If you’ve ever wondered about buying probate deals, this episode is for you!   This episode of Investing in Real Estate is sponsored by Pitney Bowes! Shipping and mailing from your desk has never been simpler than with SendPro Online from Pitney Bowes. With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 (four dollars and 99 cents) a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. And for being an Investing in Real Estate listener, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to redeem this special offer!   This episode is also sponsored by Vincero Watches! It’s the biggest sale of the year. Everything onsite is on sale. No exclusions. When it comes to watches, this is the best bang for your buck you will ever have the chance to get. Go to vincerowatches.com to shop the anniversary sale!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode509
If you’re like most people, your knowledge on insurance policies is lacking. But if you’re a real estate investor, you’ll want to get educated on the insurance industry, and the type of products you should purchase for your investment properties.   On this episode of Investing in Real Estate, we’re giving you the run down on getting insurance for your rental properties. You’ll learn about the different pieces of an insurance policy, what you need to think about before you purchase insurance, and more!   Today’s episode is also sponsored by Vistaprint! With Vistaprint, you can create a truly professional, unique card in minutes. Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get 500 high-quality, custom business cards starting at $9.99. Just go to Vistaprint.com/INVESTING.    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode508
Hey Investing in Real Estate fans, we think you may like the podcast Waveform with MKBHD. Waveform is a tech podcast for the gadget lovers and tech heads. Pulling from over 10 years of experience covering the tech industry, MKBHD will keep you informed and entertained as he takes a deep dive into the latest and greatest in tech and what deserves your hard earned cash. Subscribe to Waveform with MKBHD at: http://bit.ly/WaveformCM
If you’re wanting to make a positive change in your life, you’re bound to experience some discomfort along the way. When the process gets hard, that’s when it’s easiest to give up. But if you can learn how to push through the discomfort, that’s how you can truly reach your goals.   On this episode of Investing in Real Estate, you’ll learn five ways to push through discomfort so that you can grow! We’ll talk about overcoming challenges, blocking out naysayers, and how to celebrate your milestones. Don’t miss episode 507!   This episode is sponsored by The Great Courses Plus! When it comes to planning for the future, the best investment we can make is in ourselves. That’s what The Great Courses Plus is all about! Unlock a world of knowledge with The Great Courses Plus. Right now, they’re offering our listeners a  FREE month of unlimited access to their entire library! Start your free month by visiting thegreatcoursesplus.com/INVESTING.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode507
In part two of our Flipping Mastery Series, I'm back with Jerry Norton to discuss how to make money fast in real estate. Jerry is a house flipping expert and the owner of Flipping Mastery, an education company that has taught real estate investors to flip over $100 million in real estate.   On this episode, Jerry is sharing why flipping homes is so profitable, how much you can expect to make in a deal, and more! You'll learn how Jerry built his career as a real estate investor, and how you can make $10k by finding your first deal.   This episode is sponsored by The Great Courses Plus! When it comes to planning for the future, the best investment we can make is in ourselves. That’s what The Great Courses Plus is all about! Unlock a world of knowledge with The Great Courses Plus. Right now, they’re offering our listeners a  FREE month of unlimited access to their entire library! Start your free month by visiting thegreatcoursesplus.com/INVESTING.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode506
Have you ever wondered what it takes to make money in real estate? Most of the money in real estate is made on the inside. On today’s show, you’re going to learn how to become an insider in the world of real estate investing.   You’ll learn about the importance of being an insider, plus some key strategies you can apply in order to make money in real estate investing. If you’re ready to learn how to build wealth with real estate investing, this episode is for you!   This episode of Investing in Real Estate is sponsored by Pitney Bowes! Shipping and mailing from your desk has never been simpler than with SendPro Online from Pitney Bowes. With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 (four dollars and 99 cents) a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. And for being an Investing in Real Estate listener, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to redeem this special offer!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode505
Have you ever wondered what it takes to make money in real estate? Most of the money in real estate is made on the inside. On today’s show, you’re going to learn how to become an insider in the world of real estate investing.   You’ll learn about the importance of being an insider, plus some key strategies you can apply in order to make money in real estate investing. If you’re ready to learn how to build wealth with real estate investing, this episode is for you!   This episode of Investing in Real Estate is sponsored by Pitney Bowes! Shipping and mailing from your desk has never been simpler than with SendPro Online from Pitney Bowes. With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 (four dollars and 99 cents) a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. And for being an Investing in Real Estate listener, you’ll receive a FREE 30-day trial to get started and a FREE 10-pound scale to ensure that you never overpay. Go to pb.com/clayton to redeem this special offer!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode504
Flipping houses and owning buy and hold rental properties are two of the most popular real estate strategies. These two strategies work very differently, and choosing a strategy all comes down to deciding what is a fit for you.   On today’s episode, we're kicking off our new series with Jerry Norton! Jerry is a house flipping expert and the owner of Flipping Mastery, an education company that has taught real estate investors to flip over $100 million in real estate. In part one of this series, Jerry is sharing the basics of flipping houses, how it works, and how you can quickly make $10k by finding a deal.   This episode is sponsored by ZipRecruiter! Hiring is challenging. But there’s one place you can go where hiring is simple, fast and smart. A place where growing businesses connect to qualified candidates. That place is ZipRecruiter. Right now, our listeners can try ZipRecruiter for free by visiting ziprecruiter.com/investing.   Jerry Norton's Flipping Mastery 10k Club: http://bit.ly/2PvkxMc   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode503
If you've been following along in our How to Invest Series, you've learned how to identify a performing asset, and how to run the numbers. Now it's time to discover exactly how to purchase rental real estate.   In part 3, you're going to learn five different ways to fund your real estate deal! We'll discuss traditional financing routes, as well as creative options. If you're curious how to purchase your next investment, this episode is for you!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects every door, window and room with 24/7 professional monitoring. Prices are always fair and honest. Around-the-clock monitoring is just fifteen dollars a month. Visit SimpliSafe.com/investing — you’ll get FREE shipping and a 60-day risk free trial.   This episode is also sponsored by Clearbanc! Clearbanc is changing the way entrepreneurs raise money with equity-free capital. Clearbanc makes equity free investments from $10K - $10M and can get you a term sheet in less than 20 minutes. They charge a small flat fee for the capital, and you pay them back using a win-win rev share. So if you are doing over ten thousand a month in revenue, find out how you can receive Clearbanc capital by getting your 20 min term sheet at clearbanc.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode502
If there’s one thing you need to know about the financial industry, it’s that they benefit prey on ignorance. That’s why you see so many advertisements and news stories on financial products that offer low interest rates. I urge you to break outside this paradigm and learn how to build true wealth.   On this episode of Investing in Real Estate, we’re discussing the truth about the financial industry, how they make money, and why they want you to stay stupid. Instead of blindly following advertisements, you’re going to learn how you can take charge of your wealth building. Join me for episode 501!   This episode of Investing in Real Estate is sponsored by Vincero Watches! A wrist watch is a personal style statement. Vincero provides bold timepieces—always putting quality above all else. Get your Vincero Watch today with a special offer. Visit vincerowatches.com and enter code INVESTING at checkout for 15% off your order. Worldwide shipping is always free.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode501
Creating a real estate business is the number one way to build wealth, and taxes are one of the biggest advantages available to real estate investors. But if you’re not proactively tax planning in your real estate business, you’re probably making some costly mistakes.   On this episode of Investing in Real Estate, we’re welcoming back Tom Wheelwright, CPA, CEO of WealthAbility, and best-selling author of Tax-Free Wealth. Tom is here to answer your questions about maximizing your taxes and how to plan for tax season year-round. This episode is jam-packed with Tom’s advice and insights; you won’t want to miss episode 500!   Work with WealthAbility: http://morrisinvest.com/taxes Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode500   This episode is sponsored by The Great Courses! This service offers a huge library of audio and visual courses on just about any topic you can imagine. And with The Great Courses Plus, you can learn on any device, completely on your schedule. For a limited time they’re offering my listeners a full FREE month of unlimited access to their entire library. Start your free month today by visiting thegreatcoursesplus.com/investing.   Today’s episode is also sponsored by Vistaprint! With Vistaprint, you can create a truly professional, unique card in minutes. Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get 500 high-quality, custom business cards starting at $9.99. Just go to Vistaprint.com/INVESTING.    This episode is also brought to you by Lumin Skin! You dress to impress, you exercise, and you eat well. What are you doing for your face? Lumin takes the stress out of building a skin care regimen – each set comes with a simple routine that can be done in under two minutes. Lumin is offering our listeners an exclusive free trial—just pay $5.99 in shipping. That’s a $45 set, yours for free by visiting luminskin.com/investing.
Now that you've learned how to use performing assets like real estate investments to build wealth, we want to talk about the mechanics of a deal. In part 2 of our How to Invest in Real Estate Series, we're going to share exactly how you can evaluate a real estate investment.   In this episode, we're going to run the numbers on an example property. You'll learn about ROI, rent roll, taxes, and other important figures. You'll learn how to estimate monthly rents, how to account for expenses, as well as how to determine if your investment is a smart deal! Don’t miss episode 499 of Investing in Real Estate!   This episode is sponsored by Mint Mobile! Mint Mobile provides the same premium network coverage as the big name wireless companies you’re used to, but at a fraction of the cost because everything is online. To get your new wireless plan for just 15 bucks a month, and get the plan shipped to your door for FREE, visit mintmobile.com/investing.   This episode of Investing in Real Estate is sponsored by Purple! If you’re struggling to get a good night’s sleep, you’ve got to try a Purple mattress. The Purple material feels very unique because it’s both firm and soft at the same time — so it keeps everything supported while still feeling really comfortable. Plus it’s breathable, so it sleeps cool. Right now, our listeners will get a FREE Purple pillow with the purchase of a mattress! That’s in addition to the great free gifts they’re offering sitewide. Just text INVESTING to 84-888.   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode499
You probably already know that most Americans are ill-prepared for retirement, and that the stability of the Social Security program continues to unravel. But new data shows incredible issues with the Social Security program and its future.   On this episode of the Investing in Real Estate Podcast, we’re discussing the truth about the impending Social Security collapse. You’ll learn about huge faults within the system, what the numbers really say, and how you can proactively prepare for your retirement!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode498
Investing in vacation rentals can be a very profitable business model. However, it’s important to invest in the right markets, to price appropriately, and to have a streamlined process. Jim Dixon is the CEO at 30A Escapes Vacation Rentals, and a seasoned expert in the vacation rental field.   On this episode of Investing in Real Estate, Jim is sharing the ins and outs of investing in short-term beach rentals. We’ll discuss industry standards, investment cost, how to create demand, and more! If you’ve ever wondered how to do vacation rentals the right way, this episode is for you!   This episode of Investing in Real Estate is sponsored by ZipRecruiter!  ZipRecruiter sends your job to over 100 of the web’s leading job boards—but they don’t stop there.  With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right experience and invites them to apply to your job. And right now, my listeners can try ZipRecruiter FOR FREE at this exclusive web address: ziprecruiter.com/investing This episode is also sponsored by The Great Courses! This service offers a huge library of audio and visual courses on just about any topic you can imagine. And with The Great Courses Plus, you can learn on any device, completely on your schedule. For a limited time they’re offering my listeners a full FREE month of unlimited access to their entire library. Start your free month today by visiting thegreatcoursesplus.com/investing. Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode497
Want to invest in real estate, but aren’t sure where to begin? In this new series, we are taking you back to basics and discussing how to start building wealth via performing assets. We believe that buy and hold real estate is the best way to build wealth, and we want to empower you to take control of your own financial freedom.   In part 1 of this series, we’re going to discuss the importance of setting a goal, and how to get in the right mindset. You’ll learn the three distinct steps you should take to begin investing in real estate. Don’t miss this episode of Investing in Real Estate!   Today’s episode of Investing in Real Estate is sponsored by Pitney Bowes! With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. Go to pb.com/CLAYTON to access your FREE 30-day trial PLUS a FREE 10-pound scale.   Today’s episode of Investing in Real Estate is sponsored by Rhone. Rhone is a men's performance lifestyle and premium activewear brand that is engineered for unparalleled quality and comfort. Go to rhone.com/investing and use promo code INVESTING to get 20% off your first purchase!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode496