Investing in Real Estate with Clayton Morris | Build Financial Independence

Flipping houses and owning buy and hold rental properties are two of the most popular real estate strategies. These two strategies work very differently, and choosing a strategy all comes down to deciding what is a fit for you.   On today’s episode, we're kicking off our new series with Jerry Norton! Jerry is a house flipping expert and the owner of Flipping Mastery, an education company that has taught real estate investors to flip over $100 million in real estate. In part one of this series, Jerry is sharing the basics of flipping houses, how it works, and how you can quickly make $10k by finding a deal.   This episode is sponsored by ZipRecruiter! Hiring is challenging. But there’s one place you can go where hiring is simple, fast and smart. A place where growing businesses connect to qualified candidates. That place is ZipRecruiter. Right now, our listeners can try ZipRecruiter for free by visiting ziprecruiter.com/investing.   Jerry Norton's Flipping Mastery 10k Club: http://bit.ly/2PvkxMc   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode503

If you've been following along in our How to Invest Series, you've learned how to identify a performing asset, and how to run the numbers. Now it's time to discover exactly how to purchase rental real estate.   In part 3, you're going to learn five different ways to fund your real estate deal! We'll discuss traditional financing routes, as well as creative options. If you're curious how to purchase your next investment, this episode is for you!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects every door, window and room with 24/7 professional monitoring. Prices are always fair and honest. Around-the-clock monitoring is just fifteen dollars a month. Visit SimpliSafe.com/investing — you’ll get FREE shipping and a 60-day risk free trial.   This episode is also sponsored by Clearbanc! Clearbanc is changing the way entrepreneurs raise money with equity-free capital. Clearbanc makes equity free investments from $10K - $10M and can get you a term sheet in less than 20 minutes. They charge a small flat fee for the capital, and you pay them back using a win-win rev share. So if you are doing over ten thousand a month in revenue, find out how you can receive Clearbanc capital by getting your 20 min term sheet at clearbanc.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode502  

If there’s one thing you need to know about the financial industry, it’s that they benefit prey on ignorance. That’s why you see so many advertisements and news stories on financial products that offer low interest rates. I urge you to break outside this paradigm and learn how to build true wealth.   On this episode of Investing in Real Estate, we’re discussing the truth about the financial industry, how they make money, and why they want you to stay stupid. Instead of blindly following advertisements, you’re going to learn how you can take charge of your wealth building. Join me for episode 501!   This episode of Investing in Real Estate is sponsored by Vincero Watches! A wrist watch is a personal style statement. Vincero provides bold timepieces—always putting quality above all else. Get your Vincero Watch today with a special offer. Visit vincerowatches.com and enter code INVESTING at checkout for 15% off your order. Worldwide shipping is always free.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode501  

Creating a real estate business is the number one way to build wealth, and taxes are one of the biggest advantages available to real estate investors. But if you’re not proactively tax planning in your real estate business, you’re probably making some costly mistakes.   On this episode of Investing in Real Estate, we’re welcoming back Tom Wheelwright, CPA, CEO of WealthAbility, and best-selling author of Tax-Free Wealth. Tom is here to answer your questions about maximizing your taxes and how to plan for tax season year-round. This episode is jam-packed with Tom’s advice and insights; you won’t want to miss episode 500!   Work with WealthAbility: http://morrisinvest.com/taxes Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode500   This episode is sponsored by The Great Courses! This service offers a huge library of audio and visual courses on just about any topic you can imagine. And with The Great Courses Plus, you can learn on any device, completely on your schedule. For a limited time they’re offering my listeners a full FREE month of unlimited access to their entire library. Start your free month today by visiting thegreatcoursesplus.com/investing.   Today’s episode is also sponsored by Vistaprint! With Vistaprint, you can create a truly professional, unique card in minutes. Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get 500 high-quality, custom business cards starting at $9.99. Just go to Vistaprint.com/INVESTING.    This episode is also brought to you by Lumin Skin! You dress to impress, you exercise, and you eat well. What are you doing for your face? Lumin takes the stress out of building a skin care regimen – each set comes with a simple routine that can be done in under two minutes. Lumin is offering our listeners an exclusive free trial—just pay $5.99 in shipping. That’s a $45 set, yours for free by visiting luminskin.com/investing.

Now that you've learned how to use performing assets like real estate investments to build wealth, we want to talk about the mechanics of a deal. In part 2 of our How to Invest in Real Estate Series, we're going to share exactly how you can evaluate a real estate investment.   In this episode, we're going to run the numbers on an example property. You'll learn about ROI, rent roll, taxes, and other important figures. You'll learn how to estimate monthly rents, how to account for expenses, as well as how to determine if your investment is a smart deal! Don’t miss episode 499 of Investing in Real Estate!   This episode is sponsored by Mint Mobile! Mint Mobile provides the same premium network coverage as the big name wireless companies you’re used to, but at a fraction of the cost because everything is online. To get your new wireless plan for just 15 bucks a month, and get the plan shipped to your door for FREE, visit mintmobile.com/investing.   This episode of Investing in Real Estate is sponsored by Purple! If you’re struggling to get a good night’s sleep, you’ve got to try a Purple mattress. The Purple material feels very unique because it’s both firm and soft at the same time — so it keeps everything supported while still feeling really comfortable. Plus it’s breathable, so it sleeps cool. Right now, our listeners will get a FREE Purple pillow with the purchase of a mattress! That’s in addition to the great free gifts they’re offering sitewide. Just text INVESTING to 84-888.   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode499  

You probably already know that most Americans are ill-prepared for retirement, and that the stability of the Social Security program continues to unravel. But new data shows incredible issues with the Social Security program and its future.   On this episode of the Investing in Real Estate Podcast, we’re discussing the truth about the impending Social Security collapse. You’ll learn about huge faults within the system, what the numbers really say, and how you can proactively prepare for your retirement!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode498  

Investing in vacation rentals can be a very profitable business model. However, it’s important to invest in the right markets, to price appropriately, and to have a streamlined process. Jim Dixon is the CEO at 30A Escapes Vacation Rentals, and a seasoned expert in the vacation rental field.   On this episode of Investing in Real Estate, Jim is sharing the ins and outs of investing in short-term beach rentals. We’ll discuss industry standards, investment cost, how to create demand, and more! If you’ve ever wondered how to do vacation rentals the right way, this episode is for you!   This episode of Investing in Real Estate is sponsored by ZipRecruiter!  ZipRecruiter sends your job to over 100 of the web’s leading job boards—but they don’t stop there.  With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right experience and invites them to apply to your job. And right now, my listeners can try ZipRecruiter FOR FREE at this exclusive web address: ziprecruiter.com/investing This episode is also sponsored by The Great Courses! This service offers a huge library of audio and visual courses on just about any topic you can imagine. And with The Great Courses Plus, you can learn on any device, completely on your schedule. For a limited time they’re offering my listeners a full FREE month of unlimited access to their entire library. Start your free month today by visiting thegreatcoursesplus.com/investing. Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode497  

Want to invest in real estate, but aren’t sure where to begin? In this new series, we are taking you back to basics and discussing how to start building wealth via performing assets. We believe that buy and hold real estate is the best way to build wealth, and we want to empower you to take control of your own financial freedom.   In part 1 of this series, we’re going to discuss the importance of setting a goal, and how to get in the right mindset. You’ll learn the three distinct steps you should take to begin investing in real estate. Don’t miss this episode of Investing in Real Estate!   Today’s episode of Investing in Real Estate is sponsored by Pitney Bowes! With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. Go to pb.com/CLAYTON to access your FREE 30-day trial PLUS a FREE 10-pound scale.   Today’s episode of Investing in Real Estate is sponsored by Rhone. Rhone is a men's performance lifestyle and premium activewear brand that is engineered for unparalleled quality and comfort. Go to rhone.com/investing and use promo code INVESTING to get 20% off your first purchase!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode496  

When you're a real estate investor and business owner, it's important to be mindful about how you use your rental income. Obviously, the ultimate goal is to reach financial freedom and live exclusively off your rental properties—but you have to do it correctly!   On this episode of Investing in Real Estate, Natali and I are sharing how to live off rental income! We'll talk about using the money in your LLCs' bank accounts, how to avoid commingling, and how to pay yourself as a real estate investor.   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode495  

We strongly believe that a big part of wealth building is centering an abundance mindset, and giving to charity. Every month, Morris Invest donates a a percentage of all profits to a non-profit organization called Folds of Honor. Folds of Honor was created by Major Dan Rooney in 2007 with this mission: to provide scholarships to the family members of America’s fallen and disabled service-members.   On this episode of Investing in Real Estate, we’re joined by Major Dan Rooney to talk about living a life of gratitude, the importance of serving others, and exactly how Folds of Honor came into existence. Dan is sharing incredible insights into how helping others can improve your life, what it means to find fulfillment, and how to learn and grow from the difficulties in your life.   Learn more about Folds of Honor at http://morrisinvest.com/charity   Today’s episode of Investing in Real Estate is sponsored by Pitney Bowes! With SendPro Online from Pitney Bowes, it’s just click, send, and save for as low as $4.99 a month. Send envelopes, flats, and packages right from your desk and you are back to business in no time. Go to pb.com/CLAYTON to access your FREE 30-day trial PLUS a FREE 10-pound scale.   This episode is also sponsored by The Great Courses! This service offers a huge library of audio and visual courses on just about any topic you can imagine.  And with The Great Courses Plus, you can learn on any device, and completely on your schedule. For a limited time they’re offering my listeners a full FREE month of unlimited access to their entire library. Sign up at thegreatcoursesplus.com/INVESTING.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode494  

Unfortunately, evictions are an inevitable part of the real estate investing business. It’s important that you understand that evictions don’t have to be scary or overwhelming. That’s why we wanted to let you in on a conversation we had about evictions in our personal rental property portfolio.   On this episode of Investing in Real Estate, you’ll hear about our experience going through evictions. We’ll discuss how to make decisions about evictions, how to work with your property management team, and what to expect from the process. Please join us for this discussion on evictions!   This episode of Investing in Real Estate is sponsored by Peloton! Can’t find a workout that keeps you engaged? Peloton is an immersive cardio experience with real-time features that will always keep you coming back. Work up a great sweat at home, for less than the cost of a studio class. No commute, no reservations. Right now, Peloton is offering our listeners $100 off accessories when you purchase the Peloton Bike. Visit onepeloton.com and use promo code INVESTING.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode493  

What does it truly mean to have financial freedom? Many people dream of being a millionaire or owning a garage full of fancy cars, but on today’s show I want to discuss a different approach. A million dollars is an arbitrary number—I want to encourage you to find a realistic number that would cover all of your expenses and allow you to live comfortably.   On this episode of Investing in Real Estate, we’re revisiting the Freedom Cheat Sheet. This free download is the basis of everything we do in real estate investing, and I hope it will inspire you to create an intentional life with clear goals. If you’ve ever wondered how many rental properties it would take for you to live financially free, this episode is for you!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode492    

On this episode of Investing in Real Estate, I’m joined by debt and equity investor, Mike Zlotnik! After 15 years in the IT field, Mike transitioned to a successful full-time career in the real estate industry He is a Fund Manager at Tempo Opportunity Fund.   Mike is here to share the details of his real estate career, including how he made the jump into a new industry, and his best advice for new investors. We’ll discuss value add projects, how to become an accredited investor, and how to find the best deals. Don’t miss episode 491!   This episode of Investing in Real Estate is sponsored by ZipRecruiter! With their powerful matching technology, ZipRecruiter scans thousands of resumes to find people with the right experience and invites them to apply to your job. Right now, our listeners can try ZipRecruiter for free by visiting ziprecruiter.com/investing.   Show notes: http://morrisinvest.com/episode491 Book a call with our team: https://goo.gl/qr6iat

If you’re new to real estate investing, you might feel anxious about all of the things that could potentially go wrong. On today’s show, I’m going to address all of the “what if’s” and how you can prepare for and react to any possible real estate investing headaches.   You’re going to learn about the possibility of evictions, vacancies, money problems, economy issues, and more! I’m going to lay out an exact strategy and mindset shift you can use in order to quiet your anxieties and get a head start on your road to financial freedom. Don’t miss episode 490 of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe protects your whole home – every window, room and door - with 24/7 monitoring for just a fraction of the cost. Around-the-clock monitoring costs just $15 a month. For free shipping and a 60-day risk free trial, go to SimpliSafe.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode490  

Making a change can be difficult, scary, and overwhelming. For many people, when they find themselves about to make a big leap, they start looking for ways to get back into their comfort zone. On this episode of Investing in Real Estate, I want to talk about shutting out the distractions that stop you from reaching your goals.   You’ll learn about quieting the negative voices around you, what can happen if you look for reasons not to make a change, and the importance of blocking negative distractions in your life. If you want to learn about shutting down distractions so you can reach your goals, this episode is for you!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode489