Search
Generic filters
Exact matches only

Investing In Real Estate Podcast

Would it be a better use of your money to buy a rental property, or buy a primary residence that you intend to eventually turn into an investment? That’s the first question I’m going to answer on this Q&A Monday.

On today’s show, I’m answering three listener questions on how to decide if you should buy a rental or a personal home, how to get started in real estate with a small nest egg, and how busy professionals can break into the real estate industry. I hope this episode helps you on your own real estate journey!

On this episode you’ll learn:

  • How to decide if you should buy a primary residence or a rental property.
  • Options for getting started in real estate with a small nest egg.
  • How medical professionals can pursue real estate investing.
  • And more!

How to Decide If You Should Buy a Primary Residence or a Rental Property

Unless you plan on buying a duplex or triplex, buying a primary residence is not a performing asset. If you can rent where you live, I suggest growing your portfolio instead of buying a place to live. When you rent, you can live anywhere you want without worrying about things like maintenance and property taxes. Use your resources to buy performing assets that will help you grow your net worth and monthly cash flow.

Options for Getting Started in Real Estate with a Small Nest Egg

If you have a small nest egg and want to get involved in real estate, there are a few options available. You might consider looking into low cost rental properties, but be sure to do your due diligence. Another option is to park your savings in a high-yield account like Outlet. Then you could pursue finding a great deal—because when you have a great deal, money follows!

How Medical Professionals Can Pursue Real Estate Investing

There’s a reason why we work with so many doctors in our full-service real estate business: investing in real estate takes a lot of time and attention, and doctors have full schedules! If you are a busy professional, we’d love to help you reach your goals. Book a free call at morrisinvest.com.

Ask Me a Question at morrisinvest.com/clayton

Episode Resources
Book a Call with Our Team
TrueBill.com/investing ← Start saving today!
morrisinvest.com/Clayton ← Ask me a 30-second question!
morrisinvest.com/outlet
Driving for Dollars with Zack Boothe
10 Things You Must Do Before Investing in Real Estate
morrisinvest.com/bootcamp ← Download your FREE 90-Day Bootcamp!
Subscribe to Investing in Real Estate on iTunes
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.

Skills

Posted on

March 22, 2021

Submit a Comment

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

Freedom Number Cheat Sheet updated image

Find Your Freedom Number!

How much real estate will it take to reach your dreams? Unlock your "freedom number" using the step-by-step process I use with my own family.

Font Resize