Investing in Real Estate with Clayton Morris | Build Financial Independence

Successful investors did not build their wealth by chance. Success is the byproduct of meticulous planning, discipline, and important mindset shifts. And if you want to build passive income, you’ll want to replicate these habits.   On this episode of Investing in Real Estate, you’ll learn eight habits that successful investors practice, and how you can implement them into your daily routine. We’ll talk about setting goals, powerful mindset tweaks, and more. If you’re ready to become a successful real estate investor, episode 414 is for you!   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode414  

There are a few common mistakes that most real estate investors make when they embark on their investing journey. But just because these mistakes are common, doesn’t mean they’re inevitable. On this episode of Investing in Real Estate, you’re going to learn how to protect yourself from these pitfalls.   My guest today is Ryan Wright, a long-time fix and flip entrepreneur. As the CEO and founder of Do Hard Money, Ryan’s mission is to help other real estate investors generate large profits and attain money freedom. On today’s show, Ryan is walking us through three common real estate mistakes, and how you can avoid them in order to save yourself time, money, and headaches!   Today’s episode of Investing in Real Estate is sponsored by ZipRecruiter! Start off the new year strong by using ZipRecruiter to hire the right people. Right now, you can try ZipRecruiter for free by visiting our exclusive link: ZipRecruiter.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode413

Lately we’ve had an influx of questions about short-term rentals like Airbnb, VRBO, and HomeAway. This idea is attractive for many people, because there’s certainly the potential to make a lot of income in a short period of time.    And since Natali and I have personal experience renting out our vacation home, we thought we’d share our opinions on what it takes to successfully become a short term-rental host! You’ll learn about insurance costs, tax advantages, and why it’s so important to do your homework before diving into the world of short-term rentals.    This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding.    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode412  

If you’re ready to start creating a passive income in 2019, there are a few things you need to know. Whether you’re purchasing cash flowing rental properties, or pursuing other avenues, you’ll need to plan ahead to make sure that your passive income can help you reach your goals.   On this episode of Investing in Real Estate, I’m sharing an analogy about creating passive income that will help you get started. We’ll talk about building cash flow, and different passive income ideas you can implement in 2019!   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/episode411  

There are many different entry points into the world of being a real estate investor, but today’s guest has a particularly unique and prestigious story. Pat Hiban earned the notable title of the Number One Real Estate Agent in the World. He is also a best-selling author, a podcaster, and the founder of Rebus University.   On today’s show, Pat is here to share how he leveraged his real estate agent business in order to grow exponentially, how he retired from the business, and what his life is like now that he’s living on passive income. We’ll talk about the details of his investments, his preferred financing options, and how you can receive some of his free or discounted content! Pat’s story is incredibly inspiring; you won’t want to miss episode 410 of Investing in Real Estate!   Get your free copy of Pat's book: http://morrisinvest.com/pat Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode410  

Recently on the show, we discussed the basic fundamentals of closing costs. As you now know, closing costs can vary based on many factors, including location, debt service, and other variables. However, it’s important to know what you’re getting into before you close on your rental property.    On today’s show, Natali and I are walking you through how to calculate closing costs on the purchase of a rental property. You’ll learn about the types of expenses that are negotiable, what to budget for, and why understanding closing costs are so important.   Book a call with our team: https://goo.gl/qr6iat   Show notes: http://morrisinvest.com/episode409  

One of the most common questions we hear is, “Is now a good time to buy real estate?” Especially as we head into the new year and you set your resolutions, it’s important that you consider whether or not it’s a favorable time to buy.   On this episode of Investing in Real Estate, we’re diving into this complex question of whether or not you should invest in 2019. I’m sharing data from a recent study, my plans for investing in 2019, and much more about the future of the real estate market.   Today’s episode is sponsored by Fin! Fin does everything a great assistant can without the cost and commitment of a full-time hire. Try Fin for FREE by visiting our special link—http://fin.com/investing.   Book a call with our team: https://goo.gl/qr6iat   Show notes: http://morrisinvest.com/episode408  

When it comes to lending for real estate investing, a lot has changed in recent years. We’ve seen huge changes in legislation after the 2008 housing crash, and this year interest rates increased on a consistent basis.   Today’s guest, David Orloff, is the CFO at American Heritage Lending. He’s here to share his insights into lending to real estate investors. We’re talking about refinancing, interest rates, leveraging, and so much more. David has so much wisdom to share; you won’t want to miss this episode of Investing in Real Estate!   This episode of Investing in Real Estate is sponsored by Robinhood! Robinhood is an investing app that lets you buy and sell stocks, ETFS, options, and cryptos—all commission-free. Robinhood is giving our listeners a FREE stock like Apple, Ford, or Sprint to help build your portfolio! Sign up at http://investing.robinhood.com.    Today’s show is also sponsored by Blue Chew! Blue Chew brings you the first chewable with the same FDA-approved active ingredients as Viagra and Cialis so you know it’s the real deal and it’s the stuff that works! Visit BlueChew.com and get your first shipment FREE when use our special promo code INVESTING—just pay $5 shipping.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode407  

As we approach the new year, it's important to be looking ahead to tax season. You probably already know that there are enormous tax benefits in owning residential real estate. But smart investors know that in order to maximize your tax benefits, you need to be strategic year-round, and not just at tax time.   On this episode of Investing in Real Estate, Natali and I are sharing three strategies you can implement NOW in order to save on taxes. You'll learn about depreciation, cost segregation, estimating your income, and much more!   Today’s episode of Investing in Real Estate is sponsored by SimpliSafe! SimpliSafe believes nothing should ever come between you and protecting your home. Get a jump on protecting your home today at http://simplisafe.com/investing.   Today’s episode is also sponsored by Abby Connect. A full-time assistant costs a lot of money, but Abby Connect provides you with a world-class, professional and courteous team of receptionists specifically trained on your business. Abby Connect is offering Investing in Real Estate listeners a no-obligation FREE trial. And after your trial is over, our listeners will also receive $95 off their first bill--but only when you sign up at our special link: abbyconnect.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode406  

As always, we do our best to keep an eye on the economy, the real estate market, and the implications for real estate investors. This past week, real estate investment trusts declined by 3%. On this episode of Investing in Real Estate, we’re diving into the news, and sharing what it means.   You’ll learn about REITs, how they work, and how they differ from traditional real estate investments. We’ll talk about stock-based investments, new construction real estate, and so much more!   This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding.    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode405  

Often in real estate investing, the million dollar question is, “where do I find capital?” And unless you’ve been in the game for a long time, you might not know that the internet actually revolutionized the capital formation industry.   Crowdfunding real estate is a simple concept, but one that has a lot of legal stipulations. Today’s guest, Mark Roderick, is a crowdfunding attorney who is here to share his expertise! On this episode of Investing in Real Estate, you’ll learn about the history of crowdfunding, how it works, and so much more!   Today's episode of Investing in Real Estate is sponsored by Purple. Purple is a leading comfort tech company that uses cutting-edge science to create the world’s most comfortable sleep and sit products. Right now, our listeners will get a FREE sheet set and mattress cover with any mattress purchase. Get yours at Purple.com/INVESTING.    Today’s episode is also sponsored by Fin! Fin does everything a great assistant can without the cost and commitment of a full-time hire. Try Fin for FREE by visiting our special link—http://fin.com/investing.   Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode404  

Whether you’re buying your first or 100th rental property, you’ll need to consider the expense of closing costs. On today’s show, we’re getting back to basics to talk about the fundamentals of closing costs!   You’ll learn about how closing costs can differ based on location, loans, and other variables. We’ll discuss what to expect, what can be negotiated, and much more! Please join us for episode 403 of Investing in Real Estate!   Today’s episode of Investing in Real Estate is sponsored by SCOTTeVEST. SCOTTeVEST is a clothing company that revolutionized the clothing industry with a very simple idea: people need better, smarter pockets! Learn more at http://morrisinvest.com/vest.   Book a call with our team: https://goo.gl/qr6iat Show notes: http://morrisinvest.com/epsiode403  

Since our rental properties tend to be relatively cheap homes, we often get asked why a tenant would rent instead of simply purchasing the home. And although it might sound like a simple question, it turns out the reality isn’t so black and white.   On this episode of Investing in Real Estate, you’ll learn four different reasons why a tenant might choose to live in a rental property, instead of becoming a homeowner. You’ll learn about economics, getting out of your own mindset, and how the banks often come into play. Don’t miss episode 402 of Investing in Real Estate!   Book a call with our team: https://goo.gl/qr6iat  Save $100 off your asset protection with Corporate Direct: http://morrisinvest.com/LLC Show notes: http://morrisinvest.com/episode402  

There are many ways to create wealth through real estate investing, and one interesting strategy involves flipping land. This is an often overlooked method, and can be incredibly profitable if done correctly.   Sign up for Jack's course: http://morrisinvest.com/jack   Jack Bosch is a real estate investor and educator who has made millions from investing in raw land. On today’s show, he’s sharing the finer details of his investing strategy, and how he has helped thousands of people create success through his system. You’ll learn Jack’s storied past in different real estate niches, and how he created a proven raw land system. Don’t miss episode 401 of Investing in Real Estate!    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode401   

A cash flow statement is an incredible tool that investors can use in order to gauge how their business is performing. This statement allows the investor to determine how well they are managing their cash, and how the business’ money is being disbursed.    On this episode of Investing in Real Estate, you’ll learn exactly how a cash flow statement works, and why you should utilize one in your real estate business! We’ll talk about the types of transactions you should include on your cash flow statement, and how this document differs from a balance sheet. Please join us for episode 400!    Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode400