898: Self-Directed IRAs Explained - Episode 898
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...
14m Nov 24, 2022
14m
897: Q&A: When Is the Best Time to Set Up My LLC? - Episode 897
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 max...
19m Nov 21, 2022
19m
896: How to Make Amazing Returns with Short-Term Rentals - Interview with Sief Khafagi - Episode 896
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...
27m Nov 17, 2022
27m
895: Q&A: Should I Transfer the Title on My Rental Property? - Episode 895
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...
18m Nov 14, 2022
18m
894: 5 Reasons the 2008 Market Crash Is Different from Today - Episode 894
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...
24m Nov 10, 2022
24m
893: Q&A: Should I Move My Properties Into an LLC? - Episode 893
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!
21m Nov 07, 2022
21m
892: Become Your Own Bank to Invest in Real Estate - Interview with Nate Scott - Episode 892
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. Nat...
29m Nov 03, 2022
29m
891: Q&A: How Do You Calculate Internal Rate of Return? - Episode 891
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 Investi...
19m Oct 31, 2022
19m
890: How to Pay Zero in Taxes with a Cost Segregation - Episode 890
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 ...
9m Oct 27, 2022
9m
889: Q&A: How Many Properties Do I Need to Do a Cost Segregation? - Episode 889
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...
22m Oct 24, 2022
22m
888: What Is a Recession Resistant Market? - Episode 888
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, an...
8m Oct 23, 2022
8m
887: Q&A: What Do I Need to Know About Adjustable Rate Mortgages? - Episode 887
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 foreclos...
19m Oct 17, 2022
19m
886: The Pros & Cons of Using a Self-Directed IRA to Buy Real Estate - Episode 886
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 ...
18m Oct 13, 2022
18m
885: Q&A: Short-Term vs. Long-Term Rentals: What's Better? - Episode 885
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 ren...
26m Oct 10, 2022
26m
884: Investments The Government Will Pay YOU to Make - Interview with Tom Wheelwright - Episode 884
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 In...
33m Oct 06, 2022
33m
883: Q&A: How Can You Use a HELOC to Buy Multiple Investments? - Episode 883
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, fi...
21m Oct 03, 2022
21m
882: Are You a True Investor? - Episode 882
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 identi...
17m Sep 29, 2022
17m
881: Q&A: Should I Take My Property Out of an LLC? - Episode 881
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 quest...
16m Sep 27, 2022
16m
880: How to Invest to Overcome Inflation - Episode 880
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 vola...
13m Sep 22, 2022
13m
879: Q&A: How Can I Invest with My Child? - Episode 879
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...
27m Sep 19, 2022
27m
878: Protect Your Assets Like Robert Kiyosaki - Interview with Garrett Sutton - Episode 878
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 epi...
30m Sep 15, 2022
30m
877: Q&A: Should I Buy a Home to Live In? - Episode 877
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 a...
19m Sep 12, 2022
19m
876: Prepare for What’s Ahead: Inflation, Recession, & High Taxes - Episode 876
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 ...
27m Sep 08, 2022
27m
875: Q&A: Should I Use My 401k to Buy Real Estate or Pay Off Debt? - Episode 875
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 ...
28m Sep 05, 2022
28m
874: 7 Rules of Using a Self-Directed IRA - Episode 874
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 R...
7m Sep 01, 2022
7m
873: Q&A: How Can I Deal with a Vacancy? - Episode 873
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 you...
21m Aug 29, 2022
21m
872: Is It a Good Time to Invest in Real Estate? - Episode 872
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 ...
7m Aug 25, 2022
7m
871: Q&A: What's the Best Way to Sell a Rental Property? - Episode 871
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 ...
22m Aug 22, 2022
22m
870: Should You Pay Off Debt or Invest? - Episode 870
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...
9m Aug 18, 2022
9m
869: Q&A: Should I Use a Virtual Mailbox for My Real Estate Business? - Episode 869
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....
18m Aug 15, 2022
18m
868: Wealth Building Masterclass Part 6: Your Personalized Path to Financial Freedom
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 som...
20m Aug 11, 2022
20m
867: Q&A: Should I Pay Off My Mortgage or Invest in Real Estate? - Episode 867
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 ...
20m Aug 08, 2022
20m
866: Wealth Building Masterclass Part 5: The Freedom Number - Episode 866
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...
5m Aug 05, 2022
5m
865: Q&A: Are Single-Family Investments Better Than Syndicates? - Episode 865
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 a...
17m Aug 01, 2022
17m
864: Wealth Building Masterclass Part 4: The Power of Working with a Team - Episode 864
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 a...
10m Jul 28, 2022
10m
863: Q&A: How Do You Organize Your Rental Property Documents? - Episode 863
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 ...
14m Jul 25, 2022
14m
862: Wealth Building Masterclass Part 3: Your Personal Financial Checklist - Episode 862
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 sitti...
9m Jul 21, 2022
9m
861: Q&A: Should I Use a Quit Claim Deed? - Episode 861
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 equ...
12m Jul 18, 2022
12m
860: Wealth Building Masterclass Part 2: Goal Setting Workshop - Episode 860
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 es...
7m Jul 14, 2022
7m
859: Q&A: Should I Invest Overseas? - Episode 859
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 roo...
15m Jul 11, 2022
15m
858: Wealth Building Masterclass Part 1: The Key to Wealth - Episode 858
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 ...
11m Jul 07, 2022
11m
857: Q&A: How Does a HELOC Affect My Credit? - Episode 857
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 u...
16m Jul 04, 2022
16m
856: 6 Tips for Dealing with a Vacancy - Episode 856
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 Jun 30, 2022
7m
855: Q&A: Use Cash to Invest or Pay Off Mortgage? - Episode 855
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 ...
17m Jun 27, 2022
17m
854: Do You Need an LLC for Real Estate Investing? - Episode 854
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...
15m Jun 23, 2022
15m
853: Q&A: What Are My Options for Buying a Second Rental Property? - Episode 853
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 reappraisa...
11m Jun 20, 2022
11m
852: The Best Time Saving Investing Strategy - Episode 852
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...
24m Jun 16, 2022
24m
851: Q&A: Should I Worry That My Property Isn't Cash Flowing? - Episode 851
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. Ple...
26m Jun 13, 2022
26m
850: The Truth About Mortgage Interest Rates
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 a...
18m Jun 09, 2022
18m
849: Q&A: Is Infinite Banking a Good Strategy for Beginners? - Episode 849
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 apprec...
19m Jun 06, 2022
19m