Investing in Real Estate with Clayton Morris | Investing for Beginners

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

Real estate investing is a great way to make money, but it can also lend itself to some sizable financial mistakes unless you know what you’re doing. On this episode of Investing in Real Estate, I’m joined by investor Jose Jaramillo.

Jose is sharing the different ways he’s made and lost money in real estate. We’ll talk about his journey from baseball player to successful investor, the lessons he’s learned in the real estate business, and the importance of creative financing. Don’t miss episode 488 of Investing in Real Estate!

This episode of Investing in Real Estate is 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 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.

Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode488

Paying off debt can be a powerful step toward creating financial freedom. However, debt can feel overwhelming and crippling if you have lots of high-interest loans to your name. But don’t be fooled: you have the power to change your situation and pay off your debt—the financially intelligent way!

On this episode of Investing in Real Estate, you’re going to learn three critical steps to pay off your debt. You’ll discover the difference between good debt and bad debt, how to prioritize your payoff strategy, and how to increase your income so you can knock down your debts faster.

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/487

No matter what goal you’re trying to achieve, it’s important that you fall in love with the process. Oftentimes we become so fixated on the end result that we miss out on important lessons that can only be gleaned from the process of practicing.

On this episode of investing in Real Estate, you’ll discover how to learn to love the process of going after your goals. We’ll talk about how to be more like children, why you should stop comparing yourself to others, and how to truly enjoy the little things.

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/episode486