991: Q&A: How Can You Use Multiple Contracts on One Property? - Episode 991
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...
15m Oct 16, 2023
15m
990: Should You Pay Off Debt or Invest? - Episode 990
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 c...
5m Oct 12, 2023
5m
988: Why Interest Rates Are Terrifying Investors Into Making Stupid Decisions - Episode 988
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...
6m Oct 05, 2023
6m
987: Q&A: How Can You Prepare for the Crash of the Dollar? - Episode 987
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 sco...
15m Oct 02, 2023
15m
986: The Pros & Cons of Investing with a Partner - Episode 986
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 ...
8m Sep 28, 2023
8m
985: Q&A: What Does It Cost to Work with Morris Invest? - Episode 985
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...
17m Sep 25, 2023
17m
984: 10 Ways to Manage Your Real Estate Portfolio - Episode 984
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 s...
11m Sep 21, 2023
11m
983: Q&A: When Is the Right Time to Hire an Accountant? - Episode 983
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 ...
13m Sep 20, 2023
13m
982: The Real Estate Investor's Journey from Beginner to Expert - Episode 982
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 r...
21m Sep 14, 2023
21m
981: Q&A: What's the Best Advice for Young Investors? - Episode 981
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...
11m Sep 11, 2023
11m
980: The Biggest Myth About Passive Income - Episode 980
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...
5m Sep 07, 2023
5m
979: Q&A: How Much Should I Set Aside for Repairs? - Episode 979
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...
14m Sep 04, 2023
14m
978: How to Grow Your Real Estate Portfolio in 2023 and Beyond - Episode 978
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 Inv...
8m Aug 31, 2023
8m
977: Q&A: How Can I Get Started Investing with $10k? - Episode 977
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 weedin...
20m Aug 28, 2023
20m
976: Never Buy a Cash Flow Negative Rental Property - Episode 976
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...
6m Aug 24, 2023
6m
975: Q&A: Can You Get a HELOC on an Investment Property? - Episode 975
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 re...
21m Aug 21, 2023
21m
974: Never Buy an Investment Property Over the Appraised Value - Episode 974
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 episo...
10m Aug 17, 2023
10m
973: Q&A: Should I Invest in Assisted Living Properties? - Episode 973
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 ...
18m Aug 14, 2023
18m
972: Real Estate Risks & How to Avoid Them - Episode 972
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...
17m Aug 10, 2023
17m
971: Q&A: Can You Use Annuity Funds to Buy Real Estate? - Episode 971
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 ...
13m Aug 07, 2023
13m
970: 5 Amazing Benefits of a 1031 Exchange - Episode 970
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 s...
5m Aug 03, 2023
5m
969: Q&A: How Can I Get Funding for My Real Estate LLC? - Episode 969
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 p...
16m Jul 31, 2023
16m
968: What Is a 1031 Exchange & How It Can Save You Money? - Episode 968
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 entirel...
8m Jul 27, 2023
8m
967: Q&A: What's the Difference Between Roth & Traditional IRAs for Investors? - Episode 967
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 tak...
23m Jul 24, 2023
23m
966: How to Hire Great Property Managers - Episode 966
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...
12m Jul 20, 2023
12m
965: Q&A: Should I Rent Out My Primary Residence? - Episode 965
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, usin...
18m Jul 17, 2023
18m
964: 6 Tips for Dealing with a Vacancy - Episode 964
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....
7m Jul 13, 2023
7m
963: Q&A: How Do I Get Money to Buy Real Estate? - Episode 963
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...
21m Jul 10, 2023
21m
962: People Are Running Out of Retirement Money - Episode 962
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 t...
7m Jul 06, 2023
7m
961: Q&A: Should I Wait to Invest in Real Estate? - Episode 961
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 begin...
19m Jul 03, 2023
19m
960: The Truth About High Interest Rates - Episode 960
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...
11m Jun 29, 2023
11m
959: Q&A: Should I Hire a Property Manager? - Episode 959
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 off...
13m Jun 27, 2023
13m
958: Do You Need an LLC for Real Estate Investing? - Episode 958
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 wh...
13m Jun 22, 2023
13m
957: Q&A: Should I Buy a Primary Residence or a Duplex? - Episode 957
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 finance...
17m Jun 19, 2023
17m
956: The Best Time Saving Investing Strategy - Episode 956
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 als...
22m Jun 15, 2023
22m
955: Q&A: How Can I Invest $5k? - Episode 955
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 que...
16m Jun 12, 2023
16m
954: The Best Strategy to Invest in Real Estate - Episode 954
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 ca...
14m Jun 08, 2023
14m
953: Q&A: Should I Use My Home Equity to Invest in Real Estate? - Episode 953
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...
13m Jun 05, 2023
13m
952: Teaching Your Kids Financial Intelligence - Episode 952
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...
6m Jun 01, 2023
6m
951: Q&A: Is Flipping Houses a Good Investing Strategy? - Episode 951
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, offsetti...
14m May 29, 2023
14m
950: The Truth About Investing Out of State - Episode 950
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 busin...
8m May 25, 2023
8m
949: Q&A: Is It a Good Time to Pay Off My Mortgage? - Episode 949
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-fo...
14m May 22, 2023
14m
947: Is It a Bad Time to Buy Real Estate? - Episode 947
Ask Me a Question at https://morrisinvest.com/clayton!
15m May 15, 2023
15m
946: How to Get Over Analysis Paralysis - Episode 946
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 forwa...
10m May 11, 2023
10m
945: Q&A: How Do I Become a Section 8 Landlord? - Episode 945
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 portfol...
18m May 08, 2023
18m
944: 5 Major Drawbacks of Investing in Stocks (& What to Do Instead) - Episode 944
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 Rea...
17m May 04, 2023
17m
943: Q&A: How Can I Find a HELOC for My Rental Property? - Episode 943
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 epi...
19m May 01, 2023
19m
942: How to Achieve Financial Freedom - Episode 942
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 ...
11m Apr 27, 2023
11m
941: Q&A: How Can I Use an Old 401k to Invest? - Episode 941
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-direct...
17m Apr 24, 2023
17m
940: Am I Too Old to Start Investing? - Episode 940
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 star...
6m Apr 20, 2023
6m