I Quit My 6-Figure Job After I Learned This Lesson About Money - Episode 430

2.png

Book a call with our team: https://goo.gl/qr6iat

Today’s episode of Investing in Real Estate is sponsored by Handy, the easy and convenient way to book home cleanings on a schedule that works for you. With Handy’s clear, upfront pricing, what you see is what you pay. And you can pay securely on the app—no need to worry about cash or checks. To get your first 3-hour cleaning when you sign up for a plan, visit handy.com/investing and use promo code INVESTING during checkout! 

In 2018, I left a six-figure career behind by replacing it with passive income. This was a very intentional decision. Specifically, this decision occurred after I learned a very powerful lesson about money. 

On today’s show, I’m sharing how I changed my money mindset, and became focused on purchasing performing assets. You’ll learn about the false security of a paycheck job, and how to trade active income for passive income. Please join us for episode 430 of Investing in Real Estate!

On this episode you’ll learn:

  • Why having a paycheck job is not secure.

  • How we squashed our insecurities and vulnerabilities.

  • Why we wanted to become an asset-heavy family.

  • How you can begin building financial freedom.

  • And much more!

Episode Resources
Handy
Financial Freedom Academy
How to Find Your Freedom Number 2.0 - Episode 333
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

ROI Calculations: Dirty Little Secrets - Episode 429

1.png

Book a call with our team: https://goo.gl/qr6iat

Return on investment, commonly referred to as ROI, is the single most important metric to consider when purchasing real estate investments. If you’ve ever been confused or intimidated by calculating ROI, today’s show is for you!

On this episode of Investing in Real Estate, I’m sharing the number one mistake new investors make when calculating ROI. I’m also sharing my simple and straightforward formula for determining if your rental property is a smart investment. Let’s dive into ROI! 

On this episode you’ll learn:

  • Exactly how to calculate ROI.

  • How much you should calculate for expenses.

  • The number one mistake new investors make when calculating ROI.

  • Why you should care about NET ROI.

  • And much more!

Episode Resources
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

The Ultimate Guide to Wholesaling Houses with Tom Krol - Part 2 - Episode 428

Investing In Real Estate Podcast-26.png

Book a call with our team: https://goo.gl/qr6iat

Today’s episode of Investing in Real Estate is sponsored by Robinhood! Robinhood is an investing app that lets you buy and sell stocks, ETF’s, options, and cryptos- all commission-free.  Robinhood is giving our listeners a FREE stock like Apple, Ford, or Sprint to help build your portfolio! Sign up at http://investing.robinhood.com

Wholesaling is a powerful way for real estate investors to get started, but it can be overwhelming if you don’t know what you’re doing. On today’s episode of Investing in Real Estate, Tom Krol is back to share more details about finding success in the world of wholesaling.

This episode is full of gold—Tom is bringing tons of tips and strategies you can implement in order to identify properties, build trust with sellers, and turn a profit. If you’ve ever been interested in making money through wholesaling houses, you won’t want to miss episode 428!

On this episode you’ll learn:

  • The worst way to lose a motivated seller.

  • The importance of getting a property under contract ASAP.

  • How to get a property under contract.

  • The importance of identifying why the seller is selling.

  • How to identify an impending event.

  • And much more!

Introducing the Financial Freedom Academy - Episode 427

Investing In Real Estate Podcast-25.png

Book a call with our team: https://goo.gl/qr6iat

This episode of Investing in Real Estate is sponsored by Molekule, the only air purifier that actually destroys pollutants. Molekule’s technology research is backed by the EPA, and has been extensively verified by third-party laboratories. For $75 off your first order, visit molekule.com and enter promo code INVESTING at checkout.

If you’ve followed our story, you know that our journey to financial freedom took a lot of time and resources. Now that we’ve paved the way, we decided to package everything we’ve learned into a simple, step-by-step course to help you expedite the process of wealth building!

On today’s episode of Investing in Real Estate, we’re excited to announce our new course, the Financial Freedom Academy. This episode will give you an overview of what you can expect by enrolling in the course. You’ll learn about the material, how to get access, and more!

On this episode you’ll learn:

  • The main goal of the course.

  • What you can expect from the Financial Freedom Academy.

  • How FFA can help you confront your beliefs around personal finances.

  • The importance of working as a team within your family.

  • The resources you can expect from enrolling in Financial Freedom Academy.

  • And more!

Episode Resources
Molekule
Join the Financial Freedom Academy
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

5 Powerful Benefits of a 1031 Exchange - Episode 426

Investing In Real Estate Podcast-24.png

Book a call with our team: https://goo.gl/qr6iat

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

A 1031 exchange is a powerful tax-deferral tool that allows an individual or business to save capital gains after the sale of an asset. This program allows real estate investors to sell a rental property, and then reinvest the funds in another property. As a real estate investor, a 1031 exchange is one of the most powerful tools you can utilize for building wealth and saving on taxes!

On today’s episode of Investing in Real Estate, I’m sharing 5 powerful benefits of using a 1031 exchange. You're going to learn tips for saving on taxes, portfolio growth, and how to build legacy wealth. To learn more about utilizing a 1031 exchanges, listen in to episode 426!

On this episode you’ll learn:

  • How a 1031 exchange can help you upgrade an asset.

  • How portfolio diversification can occur when taking advantage of a 1031 exchange.

  • What happens to the taxes after the investor’s death.

  • Why a 1031 exchange can be a long-term strategy.

  • How to grow your portfolio with a 1031 exchange.

  • And much more!

Episode Resources
Fund&Grow
Asset Exchange Company
The Ultimate Guide to 1031 Exchanges
morrisinvest.com/1031
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

Buying My First Rental Property [Case Study] - Episode 425

Investing In Real Estate Podcast-23.png

Book a call with our team: https://goo.gl/qr6iat

Today’s episode of Investing in Real Estate is sponsored by ZipRecruiter. ZipRecruiter’s powerful matching technology scans thousands of resumes to identify people with the right skills, education, and experience — and actively invites them to apply to your job — so you get qualified candidates fast. Right now, our listeners can try ZipRecruiter FOR FREE by visiting ziprecruiter.com/investing.

This episode is also sponsored by SimpliSafe. Fear has no place in a place like home. That’s been SimpliSafe’s mission since day one. Protect your home today, and enjoy free shipping on any system order by visiting simplisafe.com/investing.

If you’ve ever wondered what it would be like to buy your very first turnkey rental property, today’s show is for you! On this episode of Investing in Real Estate, we’re bringing you a case study episode with new investor, Dan.

Dan is a therapist based out of Pennsylvania, who, along with his wife, made some major life changes in order to build wealth. On today’s show, he’s sharing the details of his first turnkey rental property and what it was like to set up his LLC. We’re also discussing what he’s learned about investing, and his plans to grow his portfolio! Dan’s story is so inspiring; you won’t want to miss episode 425!

On this episode you’ll learn:

  • How Dan got inspired to begin purchasing assets.

  • What Dan did with the profits from the sale of his home.

  • How Dan and his wife had to change their mentalities about wealth building.

  • The tax benefits of owning rental real estate.

  • What it’s really like to buy a turnkey rental.

  • Dan’s plans to expand his portfolio.

  • And much more!

Episode Resources
ZipRecruiter
SimpliSafe
Rich Dad Poor Dad by Robert Kiyosaki
WealthAbility
morrisinvest.com/llc
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.

Section 8 Tenants: Good or Bad? - Episode 424

Investing In Real Estate Podcast-22.png

Book a call with our team: https://goo.gl/qr6iat

Today’s episode of Investing in Real Estate is sponsored by Pitney Bowes! SendPro Online by Pitney Bowes is an online software that helps you save time and money no matter what you send. SendPro Online is only $14.99/mo, and listeners can get a FREE 30 day trial when you visit pb.com/clayton.

Section 8 is a government program that helps low income tenants with their housing costs. As a landlord, renting under Section 8 has its pros and cons. However, there are many misconceptions out there about the process, and what these tenants are actually like.

On this episode of Investing in Real Estate, Natali and I are sharing our experience renting to Section 8 tenants. We’ll discuss how to become certified, some of the pros and cons, and what you can expect from the process. Please join us for episode 424!

On this episode you’ll learn:

  • The truth about common Section 8 stereotypes.

  • How to certify your property for Section 8.

  • The pros and cons to renting to Section 8 tenants.

  • The two ways to become a Section 8 landlord.

  • What to expect from a government inspection.

  • Some of the additional hoops you might have to jump through.

  • Why it’s important to work with a property management company.

  • And much more!

Episode Resources
Pitney Bowes
What Is Section 8 Housing? - Episode 418
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.