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

The city of Detroit tends to have a bad reputation. Many people think of the city as being unsafe, bankrupt, and dilapidated. But if you know anything about Detroit, you would know that these are just misconceptions.   On this episode of Investing in Real Estate, I’m sharing the truth about Detroit, Michigan! I’ll discuss why the city is actually one of my favorite rental markets, and share some exciting information about a few different neighborhoods. If you’re ready to reframe the way you think about Detroit, this episode is for you!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode318  

If there’s one book that has been a hot topic around our dinner table, it would be the Loopholes of Real Estate. Rich Dad Advisor and attorney Garrett Sutton authored the book to share legal and tax strategies that wealthy investors use to keep more money in their pockets and set up bulletproof legal protection.   On this episode, Garrett Sutton returns to the show to dive deep into the loopholes of real estate investing. We’ll talk about how to choose the best legal entity for real estate investing, and what changes in the tax code mean for investors. Garrett is also sharing a way that you can save $100 on your asset protection. Don’t miss episode 317 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode317  

In my experience speaking to successful real estate investors, I’ve noticed they all have something in common—they struck inspiration after reading Rich Dad Poor Dad by Robert Kiyosaki. If you’ve read the book, this should come as no surprise. In fact, it’s touted as the #1 personal finance book of all time.   On this episode of Investing in Real Estate, Robert Kiyosaki joins us to discuss the principles of wealth building, including leveraging debt appropriately, building a strong and successful team, and the tax implications of purchasing real estate investments. Robert is reflecting on 20-year anniversary of Rich Dad Poor Dad, and sharing information from his two new books. We’ll also discuss the tax code, the future of the real estate market, and how you can get richer through gaining a financial education.   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode316  

When it comes to taxes, there’s never been a better time to be a real estate investor. The new 2018 tax code contains incredible ways for real estate investors to keep more money in their pockets. In fact, taxes are the number one way that investors make money!    On this episode of Investing in Real Estate, I’m detailing five amazing ways real estate investors can benefit from the new tax code. I’ll discuss changes in the corporate tax rate, business equipment deductions, and more. If you’ve ever wondered how the new tax code will affect real estate investors, this show is for you!    Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode315  

As a real estate investor, there are many reasons why you might need to deed a property to an LLC. We get asked questions about this topic frequently. Since Natali and I recently went through this process, we thought we’d share exactly how it’s done.   On this encore episode of Investing in Real Estate, Natali and I will walk you through the process of deeding a property to an LLC. We’ll share everything you need to know, including banking information, insurance policies, and more. Join us for episode 314 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode314  

Money can be a touchy subject, but it’s important that couples are able to have constructive conversations about financial goals. We hear from investors all the time who struggle to get on the same page as their spouse. In fact, this is an issue we encountered early on in our marriage.   On this encore episode of Investing in Real Estate, Natali and I are sharing four tips for effective communication about money. We’ll discuss why money is such a pain point for so many people, and how we’ve been conditioned to think about wealth building.   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode313

New data indicates that America is experiencing a housing crisis—but this crisis is unlike anything we’ve ever seen in US history. For the first time ever, we’re seeing a shortage in the amount of new homes being built.   On this episode, I’m sharing new data from the housing market regarding new construction and inventory. I’ll talk about what this shortage means for investors and Millennials, and why this data is so puzzling. To learn more about the housing crisis, tune in to episode 312 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode312

The beauty of investing in real estate is that there are many ways to finance a deal. We’ve talked about many of the tools and strategies that investors can use to purchase a rental property here on the show. However, we feel the need to clarify: not every single strategy is appropriate for every person.   On this encore episode of Investing in Real Estate, Natali and I are sharing six different ways to invest in real estate, and how to determine which strategy is best for your situation. We’ll also share a multitude of resources you can use to educate yourself on different investing tools and methods. Join us for episode 311 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode311

I truly believe in the power of setting goals, and that’s why I'm passionate about sharing the message of finding your Freedom Number. However, it’s important to set short-term goals in order to reach your ultimate goal of financial freedom.   On this encore episode of Investing in Real Estate, Natali and I are sharing how we set short-term financial goals. We’ll talk about our acquisition strategy and mapping out our finances. We’re also giving away a free spreadsheet to help you map out your own goals! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode310

After President Trump recently announced his plans to implement a new trade policy, many Americans wondered how the economy would be affected. Because of this political tension, equities and real estate investment trusts are starting to feel the pressure. But a new article suggests that the real estate sector will remain largely unaffected by a trade war. On today’s show, I’m discussing economical data. I’ll talk about why stocks dip, while real estate remains constant. I’ll share data about REITS, homebuilders, and much more! Don’t miss episode 309 of Investing in Real Estate! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode309

There are many great strategies for investing in real estate, but smart investors are not overly concerned with their method. Instead, they keep their eyes on the prize: cash flow. Today’s guest left behind a successful career in the entertainment industry in order to focus on creating cash flow through real estate. Andrew Lanoie is a real estate investor, and the founder and CEO of Four Peaks Capital Partners!   On today’s show, Andrew is sharing all the details about his real estate career. We’ll discuss why he left behind a profitable and exciting career, how his real estate approach has pivoted over time, and much more. Don’t miss episode 308 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode308

In the financial realm, there’s often talk about the power of being debt free. However, we like to focus on financial freedom instead. Debt is not inherently evil—in fact, it can serve many purposes. On today's show, Natali and I are sitting down to discuss why being financially free is more empowering than being debt free. We’ll talk about the benefits of being appropriately leveraged, and how to determine what types of debt are important to eradicate. You’ll learn about debt as a form of asset protection, and how to think of your finances as a balancing act.

To put it frankly, there’s a lot of terrible financial advice out there. Especially when it comes to retirement, traditional advice is no longer relevant. Unfortunately, I constantly see articles written by so-called-professionals spewing out inaccurate retirement advice. Today’s episode of Investing in Real Estate comes from a recent live stream on our YouTube channel!   On this episode, I’m sharing my opinion on a ridiculous article written in the mainstream media about retirement. You’ll learn about how to retire at 40 years old—the right way. If you’ve ever wondered about retiring early, this episode is for you!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode306

When it comes down to it, real estate investing is not about houses. As you’ve heard me say before: an investment property is just four walls and a roof. Ultimately, owning rental properties means running a business. On today’s show, I’m joined by global CEO, innovator, and entrepreneur, Derek Lidow. Derek is a New York Times best-selling author, a professor at Princeton University, and a proven successful businessman.   On this episode, Derek is sharing the key to successful entrepreneurship, including how to achieve success quickly. We’ll talk about financial education in our society, the importance of self-awareness in business, and so much more!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode305

Last week when we had Tom Wheelwright on the show, he brought up an interesting way that investors can deduct HELOC interest despite the new tax code. Since Natali and I are always looking for new ways to grow our portfolio and build wealth, our interest was officially piqued.   On this episode of Investing in Real Estate, Natali and I are discussing how to use promissory notes for real estate investing. You’ll learn what promissory notes are, and how you can use them to grow your real estate business. We’ll discuss the major benefits, as well as examine how to ensure your promissory notes are correctly constructed. This is an amazing strategy; you won’t want to miss episode 304!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode304

Accounting for repairs and expenses on a rental property is a topic that creates a lot of confusion. However, the IRS has set forth regulations that are very clear. On today’s show, I’m sharing a simple mnemonic device you can use to determine whether or not an expense can be written off immediately, or capitalized over time. I’ll give specific examples, quote exact wording from the tax code, and share why I love making repairs on my rentals! Come along for episode 303 of Investing in Real Estate! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode303

Ever since the new tax law was announced, there’s been a lot of chatter in the real estate world about how investors will be affected. And because the tax law recently underwent the biggest overhaul in over 30 years, there are a lot of details to digest.   On this episode of Investing in Real Estate, we are welcoming back our favorite CPA, Tom Wheelwright to discuss the intricacies of the US tax law. Tom knows the ins and outs of the tax code, and on today’s show he is clearing the air about some common misconceptions and worries. We’ll discuss pass through entities, interest deductions, and more. As always, Tom is a wealth of information; don’t miss this episode!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode302

Understanding deeds and how they work is an important part of acquiring real estate. Since a deed is a legal document, you’ll want to ensure that you fully understand its purpose and meaning before completing any real estate transaction.   On today’s show, Natali and I are discussing everything you need to know about deeds! We’ll talk about the different types of deeds, how they work, and in what scenarios each type is applicable. Don’t miss episode 301 of Investing in Real Estate!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode301

The majority of Americans despise tax season, but this is only because they don’t understand how the tax law works. The tax system has one clear purpose: to incentivize Americans to participate in certain behaviors.   On this episode of Investing in Real Estate, I’m discussing how the US tax code is rigged in favor of rich people. I’ll talk about the true purpose of the tax code, and how you can reap the largest tax benefits. If you’ve ever wondered about how to pay less in taxes, today’s show is for you!   Book a call with our team: https://goo.gl/dezwHT   Show notes: http://morrisinvest.com/episode300

Smart investors understand the importance of keeping up on market trends. Since the market is always changing, there can be a lot of information to digest. That’s why I’m so excited to welcome Brian Kline back to the show to discuss current market trends! On today’s show, real estate investor and journalist Brian Kline is back to talk about the housing market, including prices and bubbles. We’ll discuss Millennials, vacancy rates, and the economy. Brian is constantly watching the current trends of the real estate business; you won’t want to miss his insights on this episode of Investing in Real Estate! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode299