Generic filters
Exact matches only
Generic filters
Exact matches only

Investing In Real Estate Podcast

There are five main things you should never do with your money. If your goal is to build financial intelligence, you’ll need to make simple, smart money moves.

On this episode of Investing in Real Estate, you’re going to learn five things you should never do with your money. If you’re ready to start making financially intelligent decisions, this episode is for you!

1. Don’t lend or borrow from friends

This can strain relationships, cause tension, and have long-term consequences. Keep your finances and your friendships separate. From experience I can tell you that intermingling the two is a recipe for disaster.

2. Don’t gamble or play the lottery

The chances of winning are so low, you’re practically throwing money away. In fact, you have a better chance of becoming the President of the United States! Instead, you could use that money you’re wasting on the lottery and invest it into a performing asset.

3. Avoid expensive car payments

If you live in an urban area, public transportation is incredibly affordable. Walking or riding your bike is free (and good for you)! And if you truly need a vehicle, look for something that is used and practical. You don’t need a flashy, expensive liability to get from point A to point B.

4. Stay away from speculative investments

Investing in speculative real estate is a surefire way to quickly lose money and sleep, and destroy your credit. Only invest in real, existing assets.

5. Don’t buy the house that you live in

Instead, consider renting! Your primary home does not put cash in your pocket every month. Use the money you would spend on a home for yourself, and invest in a cash flowing rental property! Don’t invest in liabilities.

Episode Resources
Book a Call with Our Team
Subscribe to Investing in Real Estate on Apple Podcasts
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to​ use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

Ready To Build Passive Income Through Rental Real Estate?


Ready to talk about your goals? We're here to show you the tools and teach you the process to begin earning legacy wealth for you and your family.


Posted on

May 11, 2020

Submit a Comment

Your email address will not be published. Required fields are marked *