Investing in Real Estate with Clayton Morris | Build Financial Independence

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  

As your real estate portfolio grows, it becomes impossible to remember things like when you receive rent payments, when insurance is due, and other details about each individual property. That’s why it’s incredibly important to have a system in place to account for your cash flow.   On this episode of Investing in Real Estate, Natali and I are sharing our system for managing cash flow in our real estate business. This is something we wish we had implemented back when we just had one or two properties. The sooner you have a solid system in place, the better. You don’t want to miss episode 358!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode358  

Changing your financial situation often means first changing your mindset. When it comes to financial intelligence, you'll need to think outside of the box.   On this episode of Investing in Real Estate, I'm sharing a metaphor for wealth building. We'll talk about the different levels of financial intelligence, how to approach naysayers, and why rich people don't work for money. Please join me for episode 357!   Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode357  

There are numerous benefits to investing in real estate, but let's not sugarcoat it: as an investor, sometimes you'll deal with inconveniences. Tenant turnovers, fines, repairs, and evictions are part of the gig. For some people, the thought of these possibilities is enough to talk them out of ever taking action.    Today's guest, Moneeka Sawyer, has learned the fine balance of creating processes that allow her investing to contribute to her joy. On this episode, you'll hear her unique investing approach, the mindset that has allowed her to build wealth, and how you can find bliss as a real estate investor.    Book a call with our team: https://goo.gl/dezwHT  Show notes: http://morrisinvest.com/episode356