Investing In Real Estate With Clayton Morris | Financial Freedom Through Real Estate

Finding the right type of tenant to rent your property is an integral part of being a real estate investor. Without rent paying tenants, there is no cash flow! That’s why it’s so important to find responsible, long-term renters.     On this episode of Investing in Real Estate, you’ll learn about the three different types of tenants, and how to determine which type you want in your rental properties! I’ll share my personal experience, and explain how to appropriately screen your tenants. Come along for episode 378!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode378  

Should real estate investors get a real estate license? This is one of our most frequently asked questions, and today we’re calling in an expert to get to the bottom of it!   On this episode of Investing in Real Estate, I’m sitting down with Tom Cafarella, the owner and broker of Cameron Real Estate Group. Tom has had a long and successful career in the real estate industry, and on today’s show he’s sharing some of his best tips and insights!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode374  

On today’s episode of Investing in Real Estate, I’m sitting down with an incredible investor, Dr. Dan Handford! Dan is a doctor, a successful real estate investor, and the host of the Tough Decisions for Entrepreneurs podcast.   Dan is here to share high level real estate tips like cost segregation, how to find multifamily investments, and how to take advantage of tax benefits available to real estate investors. We’ll discuss Dan’s specific investing strategy, and his best tips for conducting a renovation. Don’t miss episode 377!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode377  

Last week on the podcast, we talked about the fundamentals of self-direction, and the power of having control over your retirement accounts. Now that you understand the basic mechanisms and benefits of a self-directed IRA, we’re going to discuss how to utilize your account in order to buy real estate!   On this episode of Investing in Real Estate, Natali and I are going to walk you through the step-by-step process you’ll need to implement in order to buy real estate within a self-directed IRA. You’ll learn about how to title your IRA, precautions you need to take, and the intricacies that apply to this specific retirement account. Don’t miss part 2 of our Self-Directed IRA Series!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode376  

Discomfort is a necessary part of change. No matter what your ultimate goal is, you can never reach it if you live inside the confines of your comfort zone.   On today’s episode of Investing in Real Estate, I’m talking about the importance of mindset, and why it’s important to make yourself uncomfortable. You’ll learn how discomfort relates to building wealth, and I’m sharing a challenge you can use to cultivate growth in your life. Don’t miss episode 375!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode375  

Contrary to popular belief, more often than not a primary residence is not a performing asset. On today’s show, we’re going to ask you to challenge your mindset when it comes to being a homeowner.   On this episode of Investing in Real Estate, Natali and I are sharing three key questions you can use to determine if your home is a performing asset. You’ll learn why the American Dream is a lie, how to truly build wealth, and how to get out from underneath the weight of your mortgage!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode373  

New science shows an incredible link between science and spirituality. It turns out, success is not a random stroke of luck, but a result of intentional mental shifts.   On this episode of Investing in Real Estate, I’m sharing the science behind success, and why success is a byproduct of who you are. You’ll learn about inviting good fortune into your life, and the types of routines and habits you should create if you want to excel.   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode371  

If you expect your real estate venture to be without difficulties, you will eventually encounter a rude awakening. Like any other business, sometimes things don’t go as planned. Especially as you grow your portfolio, it’s likely that you’ll have a bad experience with a contractor or a property manager.   On this episode of Investing in Real Estate, Ken McElroy is back to share his experience handling business partnerships gone awry. We’ll talk about finding the right teams, what to do when things go wrong, and how to refresh your approach accordingly. Ken has so much invaluable insight into this topic; you won’t want to miss episode 371!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode371  

A self-directed IRA is an incredible, but largely misunderstood tool that can be used to build exponential wealth and create financial freedom. A self-directed IRA is a retirement account that allows the owner control over where their money performs. Being strategic within a self-directed IRA allows the investor many possibilities, including investing in real estate!   In this new series, Natali and I are covering the basic mechanisms of what a self-directed IRA works, and how you can use it to grow your real estate portfolio. You’ll learn the fundamentals of how a self-directed IRA operates, how it differs from other traditional retirement accounts, and much more!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode270  

If you want to build a passive income through buy and hold real estate, you’ll have to understand the basic principles of supply and demand. This basic knowledge will help you to select a viable rental market, find tenants, and gain an income.   On this episode of Investing in Real Estate, I’m sharing the three pillars of supply and demand. You’ll learn basic definitions, clear examples, and why supply and demand is so important for real estate investing. You won’t want to miss episode 369!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode369    

For many investors, one of the greatest benefits of building a passive income is the ability to spend more time with their families. That’s why I’m so excited to bring you today’s guest—Chris Prefontaine.   Chris is a longtime real estate investor with over 26 years of experience, and the founder of Smart Real Estate Coach. Along with his wife and children, Chris has built an incredible real estate business and portfolio. On this episode of Investing in Real Estate, he’s sharing his real estate approach, and how to build a sustainable family business!   Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode368  

As a real estate investor, you can expect to receive intimidating letters from the city. It’s inevitable; this is just part of the business! But if you can accept this fact, and be prepared to quickly and efficiently respond to their notices, your business will run smoothly.    On this episode of Investing in Real Estate, Natali and I are discussing our experience with issues that arise in owning buy and hold real estate. We’ll share six tips you can use to quickly and efficiently deal with the city, especially when you live out of state.    Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode367  

If you’re ready to take action and begin building wealth, there are two crucial words you need to keep at front of mind: cash flow. Wealthy people understand that building true, lasting wealth ultimately comes down to cash flow.    On today’s show, I’m sharing the details behind the two most important words in wealth building. We’ll talk about financial statements, poor vs. rich people, and the importance of cash-flowing assets. Don’t miss episode 366 of Investing in Real Estate!    Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode366  

What would your life be like if you had enough income from rental properties to quit your job? Today’s guest, Michael Blank, has put together a proven system to help investors reach financial freedom with real estate apartment buildings.   On today’s show, Michael is sharing his secrets to success, and details from his new book! We’ll talk about finding deals, obtaining funding, and so much more. Michael has so much insight to share; you won’t want to miss this episode of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode365  

What would your life be like if you had no mortgage? Would you accelerate your investing strategy, pay off debt, or take more family vacations? A few years ago, Natali and I discovered an incredible means to pay off our primary residence. We put it into action, and wrote a book in the process!   On today’s episode of Investing in Real Estate, we’re sharing the proven system you can use to pay off your mortgage in just a few short years. We’ll discuss the step-by-step system that can help you save hundreds of thousands of dollars in interest payments. We’ll share how the 2018 tax code affects this strategy, and more!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode354      

What makes some people wealthy, while others seem perpetually stuck in the lower or middle class? I’ve found that there’s one key area that financially intelligent people focus on that others don’t.     On today's show, you'll learn about why this one key area is so important for wealth building, how to start changing your mindset, and begin building financial freedom. If you’re interested in learning more about wealth building, this episode is for you!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode363  

There are many ways to creatively finance real estate properties, and today on the podcast, we’re highlighting the incredible benefits of a solo 401k. This is an amazing investment type that you can utilize in order to maximize your benefits. If you’re looking to get the most bang for your buck out of your investment tools, this episode is for you!    On this episode of Investing in Real Estate, I’m sitting down with Dmitriy Fomichenko, the founder and president of Sense Financial Services to discuss the mind-blowing power of a solo 401k! Dmitriy is well versed on the ins and outs of solo 401ks, and he’s here to share his knowledge. We’re discussing the wide array of benefits of using a solo 401k, and how it can help you on your investing journey.   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode362  

Can date night serve as a legitimate business expense? In our experience: yes, but only under very specific protocol. If you want to write off a date night on your taxes, you must be organized and able to prove how a date night benefited your business.    On today’s show, Natali and I are sitting down to discuss how to write off your date nights on your taxes. We’ll explain how to determine if an expense is legitimate, as well as how to prove it to the IRS. We’ll also share specific tools and tips you can use to document your expenses. Don’t miss this episode of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode361  

Before you start purchasing real estate on your own, you might want to consider the benefits of working in a partnership. However, it’s important to vet your partners and go into business with the right types of people.   On this episode of Investing in Real Estate, I’m sharing five qualities of a stellar partnership! You’ll learn about the importance of accountability, how to work from your core values, and so much more! Don’t miss episode 360!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode360  

If you’ve started to think about investing in multi-family real estate investments, it can be easy to become starry-eyed. You might imagine higher ROI, multiple incomes from one property, and more cash flow. But before you decide to bypass the single-family route all together, you’ll want to hear today’s show.   On this episode of Investing in Real Estate, real estate legend and Rich Dad advisor Ken McElroy is back to share why he has pulled back the reigns on his multi-family investing strategy. We’ll talk about the current market, why multi-family investing isn’t working right now, and how to pivot as an investor.    Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode359