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
848: The Best Strategy to Invest in Real Estate - Episode 848
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...
14m Jun 02, 2022
14m
847: Q&A: What's the Best Way to Utilize a HELOC? - Episode 847
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 que...
21m May 30, 2022
21m
846: Teaching Your Kids Financial Intelligence - Episode 846
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...
9m May 26, 2022
9m
845: Q&A: Can I Invest with a Foreclosure on My Credit Report? - Episode 845
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 ...
22m May 23, 2022
22m
844: The Truth About Investing Out of State - Episode 844
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 19, 2022
8m
843: Q&A: Is It a Good Time to Invest in Real Estate? - Episode 843
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...
22m May 16, 2022
22m
842: DIY Investing vs. Working with a Full Service Team - Episode 842
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....
53m May 12, 2022
53m
841: Q&A: Should I Invest in a Market with High Taxes? - Episode 841
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.
10m May 10, 2022
10m
840: The 10 Worst Housing Markets for Investors - Episode 840
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...
33m May 05, 2022
33m
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 ...
18m Mar 03, 2022
18m
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