839: Q&A: What's the Current Market Risk? - Episode 839
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 pl...
20m May 02, 2022
20m
838: What Smart Investors Should Know About Rising Interest Rates in 2022 - Episode 838
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, Financi...
16m Apr 28, 2022
16m
837: Q&A: What Paperwork Do I Need for Seller Financing? - Episode 837
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 ...
21m Apr 25, 2022
21m
836: 5 Major Drawbacks of Investing in Stocks (& What to Do Instead) - Episode 836
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 Apr 21, 2022
17m
835: Q&A: How Do You Teach Your Kids About Investing? - Episode 835
20m Apr 18, 2022
20m
834: Am I Too Old to Start Investing? - Episode 834
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...
10m Apr 14, 2022
10m
833: Q&A: Investing for Cash Flow or Appreciation? - Episode 833
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 investi...
17m Apr 11, 2022
17m
832: What to Do If You're Not Ready to Invest - Episode 832
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 I...
17m Apr 07, 2022
17m
831: Q&A: Should I Tap Into My Equity or Sell My Properties? - Episode 831
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 h...
25m Apr 04, 2022
25m
830: Growing Your Rental Portfolio in 2022 - Episode 830
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 shari...
26m Mar 31, 2022
26m
829: Q&A: How Do I Open an Out-of-State LLC? - Episode 829
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 ...
18m Mar 28, 2022
18m
828: Is Commercial Real Estate Better Than Residential? - Episode 828
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...
26m Mar 24, 2022
26m
827: Q&A: How Do You Handle Repairs in a Self-Directed IRA? - Episode 827
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 ...
12m Mar 22, 2022
12m
826: 10 Ways to Buy Real Estate You Might Not Have Considered - Episode 826
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. ...
33m Mar 17, 2022
33m
825: Q&A: What's My Favorite Investing Strategy? - Episode 825
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 p...
20m Mar 14, 2022
20m
824: 5 Benefits of Working with a Real Estate Team - Episode 824
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 R...
33m Mar 10, 2022
33m
823: Q&A: How Do HELOC Interest Rates Work? - Episode 823
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 fo...
19m Mar 07, 2022
19m
822: What Is Your Financial Freedom Number - Episode 822
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 ...
17m Mar 03, 2022
17m
821: Q&A: How Do I Use Retirement Funds for Investing? - Episode 821
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....
11m Feb 28, 2022
11m
820: The Unbelievable Truth About Retirement - Episode 820
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 ...
29m Feb 24, 2022
29m
819: Q&A: How Do I Go From Homeowner to Investor? - Episode 819
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...
21m Feb 21, 2022
21m
818: The Rising Demand for Rental Properties in 2022 - Episode 818
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 ...
12m Feb 17, 2022
12m
817: Q&A: What's the Best Way to Structure Seller Financing? - Episode 817
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 h...
20m Feb 14, 2022
20m
816: The Ultimate Guide to Leveraging Your Home Equity - Episode 816
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 t...
14m Feb 10, 2022
14m
815: Q&A: What Can I Expect to Pay for Asset Protection? - Episode 815
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 ...
22m Feb 07, 2022
22m
814: 5 Questions to Ask a Property Manager - Episode 814
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 p...
9m Feb 03, 2022
9m
813: Q&A: How Can I Use the Cash Flow from Investing in a Self-Directed IRA?
15m Jan 31, 2022
15m
812: How He Bought Three Rental Properties & Grew His Financial Intelligence - Episode 812
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 literac...
26m Jan 27, 2022
26m
811: Q&A: What's the First Step in Utilizing my Home Equity? - Episode 811
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....
18m Jan 24, 2022
18m
810: 5 Things You Need to Know About Full-Service Real Estate Investing - Episode 810
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 inv...
18m Jan 20, 2022
18m
809: Q&A: What Is the Future of the Housing Market? - Episode 809
23m Jan 17, 2022
23m
808: Setting Financial Goals in 2022 - Episode 808
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 o...
28m Jan 13, 2022
28m
807: Q&A: Can I Use My 401k Funds to Invest in Real Estate?
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 HEL...
20m Jan 10, 2022
20m
806: Save on Taxes with a Cost Segregation Study - Episode 806
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'...
32m Jan 06, 2022
32m
805: Q&A: What Are Some Creative Ways to Fund a Down Payment? - Episode 805
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 ...
28m Jan 03, 2022
28m
804: Why House Flipping Is a Bad Idea - Episode 804
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 adv...
18m Jan 03, 2022
18m
803: Q&A: Is a Property Management Team Worth the Expense? - Episode 803
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 a...
21m Dec 27, 2021
21m
802: Are Investors Buying Single-Family Homes? - Episode 802
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 firm...
15m Dec 23, 2021
15m
801: Q&A: Cash Out Refi or HELOC - Which Is Better? - Episode 801
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 ...
21m Dec 20, 2021
21m
800: 5 Things to Do Before 2022 - Episode 800
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 ...
22m Dec 16, 2021
22m
799: Q&A: How Do I Nurture My Portfolio? - Episode 799
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...
23m Dec 13, 2021
23m
798: What Is a Cashflow Statement? - Episode 798
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, ...
10m Dec 09, 2021
10m
794: How to Build Generational Wealth with Your Family - Episode 794
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 ...
27m Dec 06, 2021
27m
793: Q&A: Is the Build Back Better Plan Bad for Investors? - Episode 793
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...
17m Dec 06, 2021
17m
792: Lost Your Job? Here's How to Build Enormous Wealth - Episode 792
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 In...
25m Dec 06, 2021
25m
797: Q&A: Should I Tap Into My Equity? - Episode 797
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 equ...
23m Dec 06, 2021
23m
796: 6 Market Red Flags: What to Avoid in a Real Estate Market - Episode 796
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 t...
22m Dec 02, 2021
22m
795: Q&A: How Do I Maximize My Equity? - Episode 795
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 o...
12m Nov 29, 2021
12m
791: Q&A: How Many New Construction Rental Properties Can I Buy? - Episode 791
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 h...
18m Nov 15, 2021
18m
790: The 2021 Housing Shortage Explained - Episode 790
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...
22m Nov 11, 2021
22m