Investing in Real Estate with Clayton Morris | Investing for Beginners

On today's show we're going to talk about housing markets. Specifically, if you're considering investing in a certain real estate market, I'm going to share some big red flags that might pop up in your research.I get asked constantly about various rental markets, but most of the time I just don't have the data to give you a clear cut answer. I wanted this episode of Investing in Real Estate to act as a guide or checklist for you to determine whether a rental market is worth your time and investment.

If you've got a stable and profitable rental property, how can you access the equity to grow your portfolio? Should you look into a HELOC or cash-out refinance, and how do you get the process started? That's our first question on this Q&A Monday!On this episode of Investing in Real Estate, I'm answering three listener questions about utilizing equity on a rental property, buying investments on credit, and calculating a cash-on-cash return. If you want to hear my advice and experience, this episode is for you!

Today's first caller has a $160,000 home equity line of credit, and he's wondering how many new construction rental properties he can buy. On this episode of Investing in Real Estate, I'm answering this question and more of your great investing questions from my inbox.This episode covers topics like buying newly built rental properties, how to ensure your seller financing deal is solid, and how to grow your portfolio after you've secured your first house hacking deal. Press play to hear my answers to your questions!

According to a recent report by Realtor.com, there's a huge imbalance in the supply of homes and the number of people who want to become homeowners. They estimate that the US needs over 5 million homes. Now, this isn't a new problem - but it's certainly not improving.For reference, in 2019, the same report found a shortage of 3.84 million. But between the pandemic and the red-hot 2021 housing market, things aren't looking good. On this episode of Investing in Real Estate, I'm sharing more data about the state of the housing market, and what it means for you as an investor.

There's a lot of info out there about investing in real estate. You don't have to look far to find gurus on the internet selling their courses. All of this information can be confusing and conflicting. What is actually the best way to invest in real estate?On this Q&A episode of Investing in Real Estate, I'm answering this question on how to scale a real estate business —and more! Click play to hear my answers to your questions on scaling, cash out refinances, and leveraging a high value commercial property!

Today I want to talk about what it takes to become a successful real estate investor, including 10 of the habits and mindset shifts that are a common theme among wealthy investors.Because the truth is, most top investors did not build their wealth by chance. Successful investing is the result of dedication, planning, and incredible paradigm shifts. Join me for this episode of Investing in Real Estate to learn the ten habits of wealthy, successful investors!

Should you use your HELOC to invest or use your cash instead? Is investing in a mobile home park a solid investment? Should you pay off IRS debt or buy a rental property? I'm answering these three great questions on today's show!On this episode of Investing in Real Estate, I'm answering three of your thoughtful questions on various investing topics. As always, I value your calls and I hope you find my answers helpful on your investing journey. Please join me for this Q&A episode!

One of the most popular topics I get asked about is rental markets. People always want to know, "is this city a good rental market?" The truth is, market research takes a long time—months, even up to a year sometimes. So nine times out of ten, I can't tell you if your city is a good rental market. I just don't have the data.But what I can tell you is what you should look for in a stable rental market. One of the things that I look for in a market is slow and steady appreciation. If a market is overvalued, it's going to be hard to make a solid investment there. On today's show, I'm taking you through the top 10 overpriced rental markets that you should not invest in!

What can you do if your tenant stops paying rent? Are there any protections for landlords? And what types of safeguards can you put in place to mitigate this risk? These are all great questions that I'll be answering on today's Q&A episode!This episode of Investing in Real Estate covers topics like dealing with non-paying tenants, strategizing what to do with an appreciated property, and what you need to know about tax deductions for real estate investors. Press play to hear my answers to your best real estate investing questions.

If you're new to real estate investing, there’s one important concept you need to grasp in order to be successful long-term. Most people who get into real estate investing have one goal in mind: cash flow. Of course, that is the ultimate goal, the end goal.But if you’re just starting out, you might need to adjust your approach. Don’t get ahead of yourself. You can certainly have cash flow, but maybe just not immediately. There are a couple steps before you get there. On this episode of Investing in Real Estate, I'm sharing an important principle you need to understand, the three stages of real estate investing!

Does an international investor need to travel to the US to close on a rental property? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm tackling three of your questions about rental real estate.This episode contains three thoughtful listener questions on investing in the US from overseas, how to determine if you should invest in your college town, and what you should know about our new construction rental properties. Press play to hear my responses to your best real estate questions!

A recent study found that a whopping 40% of Americans fear retirement more than death. Today we're going to dive into why that is, take a look at the study, and talk about what you can do if retiring scares you!What causes this fear and uncertainty? Simply put: a lack of planning and a lack of financial education.68% of people said they thought their social security benefits will be enough to live on. I hate to break it to you, but this is a poor plan! On this episode of Investing in Real Estate, we're going to talk about this fear of retirement and how you can live financially free, now and into your retirement!

What exactly is a tenant turnover? And how do you keep your expenses low when going through the process? That's the first question I'm answering on today's Q&A episode!On this episode of Investing in Real Estate, I'm taking three of your questions on mitigating tenant turnover expenses, buying real estate in a hot market, and deciding between a HELOC and a cash-out refinance. Please join me for episode 781 to hear my answers to your best investing questions!

When you're growing your real estate portfolio, you're likely to utilize a few different lending options. And if you've ever been through this process, you know that it can be quite grueling. Lenders will ask you for a ton of documents, credit checks, statements, proof of employment, and more personal information. I've been through this process personally many times, plus we sometimes see clients face some turbulence when applying for loans simply because they didn't realize what goes into the loan approval process. It really can be a delicate balance, and there are certain things you should NEVER do when you're applying for a loan.On today's show, I'm going to run through a list of 5 don'ts that banks want you to avoid while you're going through the loan process. The sooner you know these little hints the better off you will be in the long run. I hate to see someone lose out on a deal because of lack of understanding. Press play to hear these five tips!

If you're serious about wanting to build wealth but you're scared, what's the first step in the right direction? How can you push past fear and actually build passive income? That's the first question I'm answering on this Q&A episode!On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions. Today's topics include overcoming fear, handling out-of-state property repairs, and dealing with state filing reports. Please join me for episode 779!

We recently asked what topics you wanted to hear about, and avoiding risks in real estate was one of the most common answers we received. So on today's show, I'm here to talk about some of the top investing risks and how you can avoid (or at least mitigate them).This episode of Investing in Real Estate, I'm sharing eight of the top risks in real estate investing and what you can do to avoid them. We're going to talk about making your numbers work, putting safeguards in place for tenant problems, and so much more!

Tapping into your home equity can be a great way to build your real estate portfolio. How do you know when it's the right time to pull the equity out of a property to buy rental real estate? That's the first question I'm answering on today's Q&A!On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions. Today's show covers topics like accessing home equity, selling appreciated properties, and what to look for in a property management company. Please join me for episode 777!

Generally speaking, I am not a fan of HOAs. You may have heard me mention in the past to steer clear of investment properties with an HOA. They can be costly, they can cut into your return, and even make you want to pull your hair out.But should you always turn down a great deal if the property belongs to an HOA? On this episode of Investing in Real Estate, I'm sharing my general philosophy on HOAs and how investors should approach them. Press play to learn more!

If you own rental properties in your own name and want to transfer them into an LLC, it can seem like a daunting process. However, ownership has important legal implications, so what are your options for doing so? That's our first question for this Q&A Monday!On this episode of Investing in Real Estate, I'm answering three listener questions. Topics include putting rental properties into an LLC, converting your primary residence into an investment, and calculating returns on performing assets. Tune in to hear more!

Recently, we talked about ways to set realistic goals. But setting goals alone doesn't help you make progress. Anyone can set a goal, but actually making it happen is another thing. Think about how many people make New Years' resolutions, and then totally forget about it by spring or summer! Setting a goal is easy, but staying on track is not. You have to take action, stay motivated, and committed. So today I want to talk about three realistic strategies you can use to ensure that your long-term goals become reality.

What do you need to know about getting an inspection on a rental property? How does the process work, and how do you go about finding an inspector? That's the first question I'm answering on this Q&A episode!On today's show, I'm answering three of your great questions about inspections, single-family properties vs. multifamily, and what you should consider about paying off your mortgage. Tune in to this episode of Investing in Real Estate to hear my answers to your questions!

Today I want to talk about a few different ways to come up with a down payment that you may not have considered. We work with clients from all different walks of life - and while many have large savings accounts to pull from, I understand that's not the case for everyone.But just because you don't have cash reserves available doesn't mean that real estate investing is out of the question for you. It just means you have to work a little harder to get the ball rolling. If you're looking to build your net worth through rental real estate but you're not sure how to get started, here are five sneaky places you might find a down payment.

If you have equity in some of your rental properties, what's the best way to put that equity to work? That's the first question I'll be answering on today's show! On this episode of Investing in Real Estate, I'm answering three of your thought-provoking questions.This episode covers topics like utilizing your equity, using private money, and regulations regarding FHA loans. Click play to hear my answers to your questions!

Should you invest close to home? It depends on a number of factors, but in most cases I would venture to say that the answer is a resounding no! On today's show we're going to talk about the problems that often accompany investing in your backyard.We're going to touch on the importance of market research and doing your due diligence. We'll talk about what you need to do to get comfortable investing out of state, what your rights are as an investor, and the importance of having a great team on your side. Join me for episode 770!

What is the best way to calculate returns on a duplex? Should you just double the numbers for a single-family home, or does it come down to percentages? That's the first question I'm answering on today's show!On this Q&A episode of Investing in Real Estate, I'm taking three of your thoughtful questions on duplex returns, what to do when a tenant makes costly damages to your property, and ideas for getting started with $20,000. Tune in to hear my answers to your questions!

I truly believe that setting goals is the only way to achieve anything in your life. Because I'm so huge on goal setting, so is my entire company. In fact, if you book a call with my team, we're going to have you fill out a goals worksheet, we're going to talk about your goals, and help you map out how you plan to make them happen.On today's show I want to talk about setting goals for real estate investing - including five tips for making your goals a reality. We're going to talk about motives, finding support, the importance of reminders, and so much more. It's all here on this episode of Investing in Real Estate!

When it comes to setting up an LLC for real estate investing, there are a few different methods you can use. There's the traditional model as well as Series LLCs. How can you determine what's right for you? That's the first question I'm answering on today's Q&A episode!On this episode of Investing in Real Estate, I'm taking three of your thoughtful questions on LLC structure options, how our company can help you with your entity set up, and ideas for building on a plot of land. Please join me for episode 767!

There are a few key habits and mindset pieces that separate those who succeed from those who fail. I'm a big proponent of taking advice from those who have proven success, and that's why I want to talk about Warren Buffett today.On this episode of Investing in Real Estate, we're looking at Warren Buffett's three rules to success, and why they're so powerful for real estate investors. You'll learn about investing in yourself, setting personalized goals, and the best way to measure your success.

Is it a good idea to house hack in order to get your start as a real estate investor? That's our first question on today's show, and I'm going to share some pros and cons of house hacking.This Q&A episode also contains questions about accelerating cash flow and what you need to know about using a HELOC to invest. If you want to hear my answers to your real estate questions, press play on this episode of Investing in Real Estate!

Today we're going to talk about five ways that our investors save. You might think that working with a full-service company would be more expensive, but that's not always the case.On this episode of Investing in Real Estate, I'm going to pull back the curtain and talk about five reasons why our investors actually pay less. Join me for episode 764!

Is now a good time to invest in real estate? Or would it be better to wait til some of the dust settles in the market? That's the first question I'm answering on this episode of Investing in Real Estate!On this Q&A episode, I'm taking three of your thoughtful questions on the right time to invest, house hacking, and using a HELOC to buy rental real estate. Click play to hear my thoughts on these topics!

Nothing makes me happier than hearing stories about investors who took charge of their financial education and built a successful rental portfolio. Today I'm proud to share this interview with Don, an investor who quickly created a portfolio of 15 rental properties in just three years.On this episode of Investing in Real Estate, Don is sharing how he got inspired to invest in real estate, the different funding methods he's used over the years, and his goals for the future. You'll hear about Don's DIY projects, as well as his experience working with our team. No matter where you are on your journey, there's a ton of value in Don's story.

If you're considering entering a real estate partnership, what's the best way to go about it? What types of safeguards should you put in place? That's the first question I'm answering on this Q&A episode!On today's show, I'm taking three of your thoughtful questions on real estate partnerships, building a real estate portfolio from the ground up, and how to decide if you should accept tenants with pets. Join me for episode 761 of Investing in Real Estate to hear my answers to your questions.

It's no secret the US is in the depths of a housing shortage. Today we're going to talk about this and what it means for you as an investor.We're going to discuss some basic economics, including how a housing shortage happens. I'll share some interesting statistics, and my opinion on how investors should navigate this housing shortage. Please join me for this episode of Investing in Real Estate!

When you're looking to expand your portfolio, you'll likely need to consider multiple funding options. Often the methods that new investors use to get started are not sustainable long-term. If you're looking to expand your funding options, where should you look?On today's Q&A edition of Investing in Real Estate, you're going to hear my opinions on three different listener questions. Today's topics include finding real estate funding, the best places to look for HELOCs, and how to cope when you're investing out of state.

When you're investing in real estate, one important aspect you don't want to overlook is asset protection. Asset protection is a critical part of your success as an investor, so it's important that you seek individualized, specialized advice from a seasoned professional.Today's guest, Clint Coons, is one of the founding partners of Anderson Law Group. Clint personally owns over 200 properties, and he is passionate about helping real estate investors protect their wealth. On this episode of Investing in Real Estate, Clint is sharing his expert advice on asset protection, LLC structuring, and so much more!

While I don't usually invest for appreciation, sometimes properties do go up in value. If your property appreciates immensely, should you sell it and make a profit? That's the first question I'm answering on this Q&A episode!On this episode of Investing in Real Estate, I'm answering your questions from my voicemail. Today's questions include topic like how to determine what to do with an appreciated property, arm's length transactions, and how to buy real estate in the US from overseas. Click play to hear my answers to your questions!

There's a huge misconception about passive income. On this episode of Investing in Real Estate, let's talk about what you really need to do in order to receive passive income from performing assets. First we're going to define what passive income is and where it truly comes from.I'm going to share the biggest misconception about passive income. You'll hear about the work involved with investing and what you need to do to nurture your portfolio. Click play to hear the truth about passive income!

If you want to pay off your mortgage, what's the best way to go about it? Is there a better strategy than just throwing cash at your loan? That's our first question on today's Q&A episode!On this episode of Investing in Real Estate, I'm answering three of your thought-provoking questions on paying off a mortgage, the right amount of money to start investing, and how to leverage your home's equity to build wealth. Press play to hear my answers to your questions!

On this episode of Investing in Real Estate, I want to talk about the fear that often accompanies investing in real estate. We're going to discuss dealing with fear, the history of fear, and where fear comes from. I'm also going to share my five best tips for working through fear so you can push forward with your goals.You're going to hear my best tips for identifying your fears, mitigating some tangible worries, and pushing past the fears that hold you back. If you've ever struggled with overcoming your fears, I hope this episode will arm you with some strategies for moving past them. Please join me for episode 754!

Is it a good idea to invest with a friend in a partnership? And if so, what kinds of safeguards should you put in place to protect yourself? That's the first question I'm answering on this Q&A episode of Investing in Real Estate!On today's show, I'm taking three of your thoughtful questions on starting partnerships, renting your own investment property, and closing timeframes. There's a lot to unpack in these questions, I hope you enjoy hearing my answers.

A cost segregation study is a tax-saving opportunity that is often overlooked among investors. Because a cost segregation analysis can be so pricey, you might be wondering if it's actually worth the tax savings.On today's show, I'm going to walk you through how a cost segregation works, and how to determine if it's worth it for you. You'll learn about the types of investors that a cost segregation study works for, the benefits of going through the study, what it costs, and so much more!

What types of financing do we offer at Morris Invest? This is a great question that we receive often. We have many different programs created specifically for different types of clients. On this Q&A episode, I'm answering this frequently asked question!We're going to dive into topics like financing options, the future of the real estate industry, and how to market as a wholesaler. I was impressed by the quality and depth of your questions. Tune into this episode of Investing in Real Estate to hear my answers!

Depending on your goals and personal situation, investing with a non-recourse loan can be a great way to build your real estate portfolio. Today you're going to learn what non-recourse financing is, and why it might be the key to helping you build wealth.You're going to learn about the mechanics of the loan and what the approval process is like. I'm sharing how the non-recourse loan process works when you work with a full-service team. Press play to learn more about non-recourse financing and if it's right for you!

Is it better to use your cash to slowly buy one property at a time? Or should you use your reserves on multiple down payments? This is a common question, and it's one I'm happy to answer on this Q&A episode.On today's show, I'm answering three of your questions on the best way to use your funds, how to scale in real estate investing, and how you can learn more about our available properties. It's all here on today's episode of Investing in Real Estate!

Self-directed IRAs are steadily gaining popularity amongst investors. Today I'm sharing ten reasons why investors are turning toward self-directed accounts, and why you may want to consider a SDIRA for your retirement portfolio.On this episode of Investing in Real Estate, I'm walking you through major benefits of self-directed account, including streams of income, fees, and lowering risk. You're going to learn about the freedom and control that comes with investing in a self-directed IRA. Please join me for episode 748!

If your rental properties are tied to 30-year mortgages, do you have to wait decades to reach your Freedom Number? Is there a faster way to pay off your investment properties? That's our first question on today's show!This Q&A episode of Investing in Real Estate covers topics like paying down your rental properties quickly, how much a down payment is when you invest with Morris Invest, and the details of transferring an asset into an LLC. Press play to hear my answers to your real estate questions!

Series LLCs can be a confusing topic. If you want to learn more about Series LLCs and how they work, one of the best experts in the industry is Scott Smith from Royal Legal Solutions. Scott joined us in the Financial Freedom Academy private group to discuss the benefits of using Series LLCs for real estate investing.On this episode of Investing in Real Estate, Scott is sharing a full rundown of Series LLCs and how they work for real estate investors. You're going to hear Scott answer FFA group members' questions about legal protection, how a Series LLC holds up in court, and so much more!

Right now the housing market is hot and lumber prices are high. If you're looking for an affordable strategy to grow your real estate portfolio, you might feel like there aren't a lot of options. What's the best way to get into low cost rental properties?On this Q&A episode, I'm answering questions about affordable rental options, getting into real estate partnerships, and how to decide if you should buy now or save for a larger down payment. Press play to hear my As to your Qs!

Because interest rates are so historically low, now is a great time to buy real estate investments with the banks' money. On today's show, Morris Invest client Bryan shares his experience purchasing new construction rental properties with conventional financing.You're going to hear Bryan's entire journey, including his Freedom Number, his experience with financing, what it's like to work with a full-service real estate company, plus his advice for aspiring real estate investors! Don't miss this episode of Investing in Real Estate!