I’ve spent the past 18 years reporting the news, but today I’ve got my own headline to share: I left my broadcasting career to pursue real estate full time. Real estate investing has changed my life, and now my mission is to help others reach financial freedom. This was a huge decision, and not one that I’ve taken lightly.
On today’s show, Natali and I are discussing how we prepared for this transition, both mentally and financially. We’ll share how I replaced my salary with passive income, and how to determine when it’s time for a big life change. You'll learn the three major factors you should consider before quitting your job, and how you can intentionally create the life you want. Come along for episode 205 of Investing in Real Estate!
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Show notes: http://morrisinvest.com/episode205
“Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is sponsored by ZipRecruiter. With ZipRecruiter, you can post your job to 100 plus job sites with just one click. Find out today why ZipRecruiter has been used by businesses of ALL sizes to find the most qualified job candidates with immediate results. Visit ZipRecruiter.com/investing to post your job for free! Taxes can be confusing, and when you’re investing in real estate, there’s even more to consider. That’s why we’re welcoming Tom Wheelwright back to the podcast to talk about how real estate investing can mitigate other tax burdens, and how you can make sure you’re getting the most benefits out of your investments. Tom Wheelwright is a tax genius who authored the book, Tax-Free Wealth. He is the founder and CEO of ProVision, as well as the personal tax advisor of “Rich Dad,” Robert Kiyosaki. Today on Investing in Real Estate, Tom is covering everything you need to know about real estate investing taxes! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT If you’re a frequent listener of this show, you know that we are always looking for ways to build legacy wealth for our family, as well as legally reduce our overall tax burden. Since we’ve had children, we discovered another investing strategy that builds an incredible amount of tax-free dollars! On this episode of Investing in Real Estate, Natali and I are sharing why and how our children have self-directed Roth IRAs. We’ll discuss how they qualify for IRAs, and how they earn income. You’ll learn about the pros and cons of a pre-taxed plan, how custodial accounts work, and much more! Please join us for episode 202 of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is sponsored by eero. With eero, you can install an enterprise-grade WiFi system in your home in just a few minutes. For free overnight shipping on your order, visit eero.com and select overnight shipping at checkout, then enter promo code INVESTING. Investing in real estate is essentially building a business. Like any other business, you can’t do it alone! Many new investors quickly become overwhelmed when trying to do everything themselves. Today on the podcast, I’m interviewing sales expert, best-selling author, and Rich Dad Advisor, Blair Singer! Blair is sharing his expertise, including the importance of working with a team, how to quiet the negative self-talk that stops you from reaching your goals, and more! This episode is jam-packed with Blair’s knowledge—don’t miss episode 200 of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT
In our family, we are always trying to instill a strong financial education in our children. Sometimes this is through strategies we’ve planned for, or ideas we’ve read in books, but sometimes a lesson simply presents itself. Recently, an opportunity arose to teach our seven-year old son about passive income and investing.
On this episode of Investing in Real Estate, we’re sharing our approach to teaching kids about passive income, and how to be a savvy investor! We’ll also talk about how our children earn and allocate their money. Please join us for episode 199 of Investing in Real Estate!
“Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT
This episode of Investing in Real Estate is brought to you by SaneBox. SaneBox sorts through your email and moves all of the trivial stuff into a different folder, so the only messages in your inbox are the ones you actually want to see! Visit sanebox.com/investing today and they’ll throw in an extra $25 credit on top of the two-week free trial!
Most people pride themselves on owning their home. After all, it’s a major component of the American Dream. But as mortgage rates and home prices continue to surge, it seems that owning your primary residence might not be the best use of your funds.
On today’s show, I’m sharing the major reasons why you might want to rent, instead of owning your primary residence. I’ll talk about appreciation, strategies for wealth building, and more! Don’t miss episode 198 of Investing in Real Estate!
“Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode is brought to you by ZipRecruiter. With ZipRecruiter, you can post your job to 100+ job sites with just one click. Right now, Investing in Real Estate listeners can post jobs on ZipRecruiter for free by visiting ZipRecruiter.com/investing. As you establish and grow your real estate business, it’s important to consider how to protect your assets. This is something many investors overlook, and sadly most learn their lesson when it’s too late. On today’s show, we’re calling in an expert to discuss how you can protect yourself and your business! On this episode of Investing in Real Estate, I’m sitting down with Garrett Sutton. Garrett is an attorney, best-selling author, and Rich Dad advisor! On today’s show, he’s demystifying legal issues, and breaking them down in an understandable and accessible manner. Garret has so much wisdom to share; you won’t want to miss episode 197! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT If you’re wondering when you’ll achieve financial freedom through real estate investing, there’s a simple formula that can help. On this episode, I’m elaborating on the three stages of real estate investing from Gary Keller’s book, The Millionaire Real Estate Investor. Today, I’m going to walk you through the stages of real estate investing, including when you should expect to reach each one. This is an important concept to understand; you won’t want to miss episode 196 of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is brought to you by SaneBox. SaneBox sorts through your email and moves all of the trivial stuff into a different folder, so the only messages in your inbox are the ones you actually want to see! Visit sanebox.com/investing today and they’ll throw in an extra $25 credit on top of the two-week free trial! There are two kinds of investors: those who make a high return on investment, and those who make a low return on investment. It’s important that you realize the importance of making a high return, and identify exactly how to make a high return on your rental property. On this episode of Investing in Real Estate, I’m sharing how you can become a high return investor. You’ll learn the three things you need to put in place in order to earn high ROI, and I’ll share some of the mistakes I, along with other investors have made. Don’t miss episode 195 to learn how to make consistent high return investments! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode is brought to you by Thumbtack. Visit thumbtack.com to find pros in over 1000 categories to help with your project. There are a lot of myths out there about real estate investing. And unless you’ve actually had experience as an investor, it can be easy to succumb to these misconceptions. On this episode of Investing in Real Estate, our guest is real estate legend and Rich Dad advisor, Ken McElroy! Ken is here to clear the air about some of the most commonly held beliefs about real estate investing. Ken is a legend in the world of real estate; he has done over $700 million in real estate deals. On today’s show, Ken is sharing his insight into the world of real estate, and sharing principles from his best selling book, The ABCs of Real Estate Investing! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is brought to you by Mack Weldon. Visit mackweldon.com and use promo code CLAYTON to receive 20% off your order of high quality clothing! Last fall, I began tracking the progress of an aspiring real estate investor here on the podcast. Pablo Fernandez contacted me wanting to obtain his first rental property, but he had a few limitations in front of him, including a lack of funds and experience. I encouraged Pablo to do some research, and begin looking for a private money lender. Today on the podcast, Pablo is returning to share his accomplishments since our last check-in! You’ll hear how he found a private money lender, and his experience purchasing US real estate from overseas. Pablo has big news to share; you won’t miss episode 193 to hear part three of his real estate investing journey! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is brought to you by Bonwi. Bonwi.com gets you the best hotel rates and up to 30% back in rewards! Learn more by visiting bonwi.com. Are you looking to achieve financial freedom and create true legacy wealth for your family? I’ve found that the only true way to create passive income is through real estate investing. And the only way to embark on this journey is to discover your Freedom Number. Once you understand this number, you’ll be able to effectively plan your way to financial freedom. In today’s episode, I’m going to walk you through the exact formula I used to change my life. If you’re ready to begin your journey to financial freedom, join me on episode 192 of the Investing in Real Estate Podcast! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode is brought to you by ZipRecruiter. With ZipRecruiter, you can post your job to 100+ job sites with just one click. Right now, Investing in Real Estate listeners can post jobs on ZipRecruiter for free by visiting ZipRecruiter.com/investing. 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 is here 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. “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT
Although the word “loss” has a negative connotation, a passive loss in your real estate business can actually help you save money! On today’s show, Natali and I are talking about passive losses, and how they can benefit you in your real estate business.
We’ll discuss the general rule about passive loss, as well as the two exceptions. We’re sharing how we use passive losses, and how you can apply this topic to your real estate business and tax return! Please join us for episode 190 of Investing in Real Estate!
“Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT
Have you ever heard the term “home bias?” On today’s show, I’m sharing the definition of home bias, as well as a concrete example. I’ll share how you can avoid this trap, and make sure your portfolio is well diversified.
On this episode, I’ll talk about the overall sector weights of investments. You’ll learn why land is generally underrepresented, and why it’s common for investors to fall into home bias. Don’t miss episode 189 of Investing in Real Estate!
“Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT Most people seem to grapple with limiting beliefs that hold them back from reaching their potential. In fact, I know this from speaking to investors on a daily basis. I’ve learned over the years of helping individuals reach financial freedom that success isn’t just about numbers on a spreadsheet, there’s also a mental component that is much more difficult to overcome. On this episode of Investing in Real Estate, I’m interviewing David Hoyt, a strategic advisor that helps leaders overcome their limiting beliefs and identify their life purpose. David’s individual purpose is to help leaders live intentionally, purposely, and courageously. He runs a consulting business, a LifePlan Process, and is a life coach. “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT Since we published our book, How to Pay off Your Mortgage in 5 Years, we’ve received a lot of questions about how to put the payoff strategy into action. Because finances are not one-size-fits-all, we wanted to take the opportunity to answer some reader questions about paying a mortgage with a HELOC. This episode of Investing in Real Estate is a live Q&A we recorded on our YouTube channel on Saturday, July 22, 2017. We answered questions about evaluating financial products, trading simple interest for amortized interest, and more! Don’t miss episode 187! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT There are many ways to evaluate a real estate deal, but one common method utilized by investors is the 1% Rule. This rule of thumb helps investors determine if their investment will be safe and profitable. On today’s show, I’m discussing everything you need to know about the 1% Rule. I’ll give a straightforward definition, and share concrete examples. I’ll discuss my experience with this idea, and how you can use it in your real estate business! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is brought to you by ZipRecruiter. With ZipRecruiter, you can post your job to 100+ job sites with just one click. Visit ZipRecruiter.com/investing to post your jobs for free! The real estate market is always changing, and savvy investors always stay up to date on market conditions. On today’s show, I’m sitting down with longtime real estate investor and writer, Brian Kline! Brian has been in the real estate investing game since before the housing crisis, and on today’s show he’s sharing his perspective on the current market. Brian is also sharing his biggest takeaway from the 2008 crash, how today’s market is different from a decade ago, and how you can stay informed about market trends. Brian has so much insight to offer; you won’t want to miss this episode of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT If you run your real estate venture like a business, you’ll want to utilize a business bank account. But not all business bank accounts are created equal! It’s important to not only find the most cost effective solution, but also the account that fits your specific business’ needs. On this episode of Investing in Real Estate, Natali and I are discussing how to find the right business account, and how to use it appropriately! We’ll share our personal experience with using both big banks and local banks. We’ll discuss the mistakes we’ve made, how you can get your accounts in order, and much more! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT If there’s one investor you should know about, it’s Warren Buffett! Buffett is a multi-billionaire, one of the smartest investors of all time, and the owner of Berkshire Hathaway. One of the many redeeming qualities about Buffett’s investment strategy is that he never invests in anything he doesn’t understand. But recently, Buffett has educated himself on the real estate market, and he has shifted his overall strategy. On this episode of Investing in Real Estate, I’m discussing Warren Buffett’s recent moves into the real estate market. I’ll discuss his purchases, and what they mean for the outlook of the market. Don’t miss episode 183 of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT This episode is brought to you by Thumbtack. Visit thumbtack.com to find pros in over 1000 categories to help with your project. The Infinite Banking Concept allows individuals to create their own banking system using a life insurance policy. This is an excellent strategy for acquiring real estate investments, due to the ease of access to capital, and the ability to invest without restrictions. This method is not at risk to market volatility, and the payback structure is flexible. Today’s guests have built their vast real estate portfolio by using cash value whole life insurance. Jimmy Vreeland and Bob Scott have partnered together to build a portfolio of over 120 investment properties. Jimmy and Bob are here to share their experience with purchasing real estate from insurance policies, and why they structure their real estate business around lease options. Don’t miss this episode of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT 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. Now we utilize this strategy consistently in order to meet our ultimate goal: purchasing more buy and hold real estate. 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 the importance of dedication, and why banks don’t want you to know about this strategy! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris
Book a call with our team: https://goo.gl/dezwHT Many financial experts are forecasting an impending economic crash. Most recently, I saw an interview in which legendary investor Jim Rogers predicted the worst crash in our lifetime, coming either this year or next year. On this episode of Investing in Real Estate, I’m elaborating on what the imminent crash means for real estate investors. I’ll discuss how successful investors are repositioning their money in the market, and explain how current market conditions differ from the last crash. Please join me on episode 180 of Investing in Real Estate! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris