Our mission is to educate people about the power of investing in real estate. We have over five years of podcasts, videos, and blog posts for you to dive into. But if you’re a newcomer, it can be hard to determine where to begin. What’s the best all-encompassing resource you can utilize to learn more about real estate investing?
That’s the first question I’m answering on today’s show! On this Q&A episode of Investing in Real Estate, I’m answering your questions about how to learn more about real estate investing, how to use a HELOC to meet your financial goals, and how to find the right types of properties for flipping.
On this episode you’ll learn:
- How to learn everything you need to know about investing.
- How to utilize a HELOC to reach your financial goals.
- The best ways to find houses to flip.
How to Learn Everything You Need to Know About Investing
This was an incredibly timely question! I want to let you in on something I’ve been working on this year to help you reach your goals. We’re releasing it later this week.
This is for you if you have questions about: getting started investing in real estate, working with a full-service company, our history and partnerships, what your first or next step should be, and more.
My webinar is a comprehensive video on the benefits of REI, how to get started, what the process is like, how to know if a property is a great investment or not, how to be a successful investor, what to look for in any company you work with, questions to ask, etc.
I’m not ready to hit publish just yet, but you can be one of the first to attend by signing up at morrisinvest.com/webinar.
How to Utilize a HELOC to Reach Your Financial Goals
A HELOC is a great financial tool. Although the HELOC was designed to help homeowners’ make improvements, there are very few restrictions on what you can use a HELOC for. You can use this product to pay off your mortgage, pay down high interest debt, or to help your business.
What I love about the home equity line of credit is that it’s based on simple interest, and it’s reusable. It works similarly to a credit card, so once you’ve gotten back down to a zero balance, you can use it again.
The Best Ways to Find Houses to Flip
I’m not a house flipper, nor do I suggest flipping houses as a long-term strategy. But I do have some experience in this area. I would say that for the most part, you won’t find good deals on the MLS. I’d try to connect with real estate agents who can share pocket listings with you. I would try to make connections at local meetups or by connecting on LinkedIn.
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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.
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