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!
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!
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.
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.
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.
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.
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.
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.
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!
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!
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!
A lot of places can make a great rental market, but there’s one type of neighborhood that you should avoid at all costs. Before you start purchasing rental properties, be sure you consider the type of neighborhood.
On this episode of Investing in Real Estate, I’m sharing the type of neighborhood in which you should never buy rental properties. You’ll learn about job stability, ever-changing markets, and more. Please join me for episode 399!