Investing in Real Estate with Clayton Morris | Investing for Beginners

We all know how much the economy has changed over the past few decades, particularly the past few years. Traditional investing advice and a straightforward retirement plan may have worked for baby boomers, but the game has changed. Yet financial advisors, big banks, and other entities keep spouting the same financial advice that no longer works in today’s landscape. Following outdated advice will...

Today's first caller has a good chunk of money to invest. Should he continue investing in his established rental market or buy a multifamily property in NYC? That's the first question I'm answering on today's show! This episode features three of your real estate investing questions on single-family vs multifamily, getting started with bad credit, and moving money from a 401k to self-directed IRA....

Building your financial education is a necessity for reaching any type of financial goal. Whether you’re trying to pay off credit card debt, select a banking product, or invest in real estate, it’s important to build a solid foundation of knowledge that will allow you to make smart decisions and ultimately reach your goals. But if you don’t feel like you have a very strong hold on your financial e...

If you've got a decent chunk of change, should you apply it toward high-interest credit card debt? Or is it better to use that money to start investing? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on paying off debt, borrowing against paid-off rentals, and how to handle high property taxes on...

Data shows that nearly half of workers over the age of 50 are afraid of outliving their savings accounts at retirement. Fear around retirement is common, but it’s not something you have to live with if you plan accordingly. On today's show, we're going to dive into the biggest retirement mistakes that are costing you money and contributing to fear and stress around retirement. You're going to lear...

Today's first caller has a decent chunk of home equity available and a decent credit score. He's interested in buying his first rental property close to home. What's my advice for this scenario? On this Q&A edition of Investing in Real Estate, I'm taking three of your questions on buying rental properties in your own backyard, finding lenders for new construction investments, and calculating R...

What makes a solid rental market? This is one of the most important pieces you need to have in place before you invest in real estate. There are a lot of criteria that can go into choosing a city to invest in. On today's show, I’m going to share ten major factors to consider when you’re looking at a rental market, the biggest mistakes I see investors make when choosing a place to invest, and more....

Can you own rental real estate inside a retirement account like a self-directed 401k? On this episode of Investing in Real Estate, I'm answering this question—and more! Today's Q&A episode features three of your great questions on buying real estate inside a self-directed 401k, how to determine how much money you need to buy real estate investments, and how to decide between using cash or leve...

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 Real...

Is it possible to use multiple rental contracts in a single-family home? What are some factors to consider before you convert a home into a multifamily residence? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm taking three of your great questions on using multiple contracts, how to buy real estate in the US as an international investor, an...

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 consi...

Today I’m going to share the #1 thing holding new investors back right now: interest rates. No one wants to utilize a high interest rate. Especially if you’re looking at things from a black & white perspective, I can see why a new investor might make a snap judgment and decide to push off their goals until rates are lower. But if you waited to invest, you’d be overlooking some serious benefits...

Smart investors are always thinking about building and protecting their wealth. In today's economy, what's the best way to protect yourself from the fluctuating value of the US dollar? On this Q&A episode of Investing in Real Estate, I'm answering this question — and more! Today's Q&A episode features three of your great questions on preparing for a crash of the dollar, what kind of credit...

You probably already know that real estate is the number one way to build wealth. But maybe you don’t quite have all of the resources you need to get started. For many investors, this is where a real estate partnership can come in. On today's show, we’re going to cover the pros and cons of investing in a partnership. We'll discuss the finances, the legal terms, and how to determine if working with...

What does it cost to work with Morris Invest? Are there fees or subscriptions associated with using our service? On today's show, I'm answering this question—and more! This Q&A episode of Investing in Real Estate features three great listener questions on getting started in real estate, finding a law firm to set up LLCs, and how our process works at Morris Invest. Click play to hear my answers...

I’ve said it before, but it bears repeating: If you want to be an effective real estate owner, you can’t expect an entirely passive experience. In order for things to run smoothly at your properties, there are certain roles and responsibilities you’ll need to take initiative on, and that’s what you’re going to learn on this episode. On today's show, I'm going to walk you through ten specific steps...

If you're a relatively new investor, how do you know when it's time to bring on a CPA? And how can you find tax advice that's solid and tailored to your unique situation? That's the first question I'll be answering on this Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on finding tax advice, single-family homes vs. duplexes, and how to identify...

So you want to get started investing in real estate? This is a huge goal, but it's certainly obtainable if you set your mind to it. On today's show, I'm going to walk you through the real estate investor's journey — from beginner to expert! You're going to learn the exact steps you need to take to invest in real estate, including building your financial education, making connections, finding renta...

What does a young (or new) investor need to know about getting started in real estate investing? What are the best resources to build your financial intelligence? That's the first question I'm answering on today's show! On this Q&A episode of Investing in Real Estate, I'm answering three of your questions. We'll cover topics like getting started investing with no money, how to invest with your...

There's a huge misconception about passive income. Passive income isn’t actually passive, especially when it comes to real estate investing. On this episode of Investing in Real Estate, we're diving into this real estate myth. You're going to learn an important distinction between passive and active income, and why passive income requires your time and attention. We'll talk about your critical rol...

When you purchase a rental property, it's important to account for unexpected expenses. How much should you set aside for repairs? That's the first question I'm tackling on today's Q&A episode! On today's show, I'm taking three listener questions on setting aside funds for repairs, how to decide if you should pursue private money, and ways to get started in real estate if you don't have a down...

I always like to say that getting the first property is the hardest, and I do think that’s true. When you’ve never done something before, the first step is usually the hardest. If you’ve got one or two properties under your belt, you probably feel pretty accomplished—as you should! But it's important to keep that momentum going, and use it to keep growing your portfolio. On this episode of Investi...

Today's first caller has $10k in reserves. What's the best way to get started investing with that amount of capital? On today's show, I'm answering this question, and more! This Q&A edition of Investing in Real Estate features three great listener questions on getting started investing with $10k, how to stay focused when your goal is to build wealth, and how to nurture your portfolio by weedin...

Real estate is the number one way to build wealth. But if you don't know what you're doing, investing in real estate can be a quick way to lose money as well. One of the fastest ways to destroy your investing experience and deplete your resources is by purchasing a cash flow negative rental property. On this episode of Investing in Real Estate, I'm sharing the major risks of buying a cash flow neg...

Is it possible to get a home equity line of credit on a rental property? If so, what's the best way to find and utilize a HELOC? That's the first question I'm answering on today's Q&A episode! This episode of Investing in Real Estate features three listener questions on topics like finding a HELOC, how to start investing with bad credit, and how to learn more about using VA financing to buy re...