How to Pay Off Debt - Episode 487

Investing In Real Estate Podcast-22.png

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

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.

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.

On this episode you’ll learn:

  • How to determine the difference between good debt and bad debt.

  • Three steps to pay off your bad debt.

  • How to determine if your student loans are good or bad debt.

  • Which debt to pay off first.

  • The power of creating a side hustle.

  • How to increase your income in order to pay off debt.

  • The importance of using good debt to buy performing assets while you pay off bad debt.

Episode Resources
Purple
Wholesaling Guide
morrisinvest.com/funding
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.

Learn to Love the Process - Episode 486

Investing In Real Estate Podcast-21.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

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.

On this episode you’ll learn:

  • How to approach your goals with childlike wonder.

  • Why having a strong frame of reference discourages us.

  • Why comparison is unhelpful for growth.

  • The importance of steady effort.

  • And more!

Episode Resources
Fund&Grow
The Practicing Mind by Thomas Sterner
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.

How to Buy Rent to Own Real Estate with Forrest McGhee - Episode 485

Investing In Real Estate Podcast-20.png

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

This episode of Investing in Real Estate is sponsored by The Great Courses Plus! The Great Courses Plus was founded on the idea that education should be accessible to everyone. Right now, they’re giving my listeners a special, limited-time offer: a FREE month of unlimited access to their entire library! Start your free trial today by visiting thegreatcoursesplus.com/INVESTING.

Rent to own housing is an arrangement in which the tenant rents a home for a specific period of time. After that time period, the renter has the option to purchase the home from the seller for an agreed upon purchase price. This agreement can be a mutually beneficial situation for both the buyer and the seller.

Today’s guest, Forrest McGhee, is here to share his strategy for investing in rent to own housing! You’ll learn how he finds homes, how the rent to own process works, and how to make this strategy successful for everyone involved. Don’t miss episode 485 of Investing in Real Estate!

On this episode you’ll learn:

  • How rent to own real estate works.

  • The importance of learning how to wholesale.

  • What subject-to means.

  • Forrest’s criteria for finding homes.

  • How to find rental comps.

  • The timeframe to switch over ownership.

  • And more!

Episode Resources
The Great Courses Plus
Wholesaling Guide
How to Find Cheap Houses
Carrot
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

Contact Forrest McGhee
Website
Facebook
Twitter
LinkedIn

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.

Real Estate Investing with No Money - Episode 484

Investing In Real Estate Podcast-19.png

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

Today’s episode of Investing in Real Estate is sponsored by Rhone. Rhone is a men's performance lifestyle and premium activewear brand that is engineered for unparalleled quality and comfort. Go to rhone.com/investing and use promo code INVESTING to get 20% off your first purchase!

This episode is also 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

If you aspire to invest in real estate but don’t have money, you’ll have to learn how to take advantage of other people’s resources. One of the most powerful ways to grow a real estate portfolio is to use debt. In fact, this is how most successful real estate investors have built their wealth.

On this episode of Investing in Real Estate, you’ll learn the basics of how to invest in real estate with no money. We’ll talk about the different ways to access financing, your role as an investor, and how to find a deal that will attract money. If you’ve ever wondered about investing in real estate with no money, this episode is for you!

On this episode you’ll learn:

  • What OPM stands for.

  • How to use debt to build wealth.

  • The number one area to invest in.

  • How to analyze the basics of a deal.

  • The importance of not becoming emotionally attached to a deal.

  • And much more!

Episode Resources
Rhone
Vistaprint
Wholesaling Guide
Private Money Tutorial
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.

We Only Grow Through Stress - Episode 483

Investing In Real Estate Podcast-18.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

In both life and real estate investing, stress is inevitable. Most of the time, we tend to avoid stress and think of it as a limitation. But the truth is, stressful times present an opportunity for incredible growth.

On this episode of Investing in Real Estate, I’m sharing how to use stress as a way to improve. We’ll talk about how to strike a perfect balance with the amount of stress in your life, how to grow through your challenges, and more. Please join me for episode 483!

On this episode you’ll learn:

  • How humans are like grape vines.

  • The important role that stress can play in our lives.

  • What it means to have an optimal amount of stress.

  • How to take advantage of challenges in your life.

  • The two ways to react to pressure.

  • My experiences with growing through stress.

Episode Resources
Fund&Grow
We Drink Basically the Same Wine as Ancient Romans
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.

Use Debt to Buy Real Estate? with Mike Banks - Episode 482

Investing In Real Estate Podcast-17.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.

This episode of Investing in Real Estate is sponsored by The Great Courses Plus! The Great Courses Plus was founded on the idea that education should be accessible to everyone. Right now, they’re giving my listeners a special, limited-time offer: a FREE month of unlimited access to their entire library! Start your free trial today by visiting thegreatcoursesplus.com/INVESTING.

Should you use debt to buy real estate? Wealthy people know that the best way to grow a real estate portfolio is through using other people’s money. On this episode, Mike Banks from Fund&Grow is back to share how you can use business credit to purchase rental real estate.

On today’s show, you’re going to learn how to use 0% debt in order to buy real estate. Mike is going to walk you through the entire funding process, and help you determine if business funding is right for you. Additionally, you’ll learn how you can save $500 off your signup fee with Fund&Grow!

On this episode you’ll learn:

  • The different ways to use Fund&Grow to reach your goals.

  • How to know if business funding is right for you.

  • The difference between good debt and bad debt.

  • How Fund&Grow’s process works.

  • The benefits of using business credit.

  • And more!

Episode Resources
Pitney Bowes
The Great Courses Plus
morrisinvest.com/funding
Plastiq
Find Your Financial Freedom Number
Subscribe to the Morris Invest YouTube channel
Like Morris Invest on Facebook

Contact Mike Banks
Website
Facebook
Twitter
LinkedIn

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.

Will My Property Appraise? Should I Care? - Episode 481

Investing In Real Estate Podcast-16.png

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

Today’s episode of Investing in Real Estate is sponsored by CLEAR! CLEAR helps you get through security faster in 40 plus airports and stadiums across the country – with more being added every day. Right now, our listeners can get their first two months of CLEAR for FREE! Go to clearme.com/investing and use code INVESTING.

This episode is also 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

Whether you’re trying to get more favorable terms on a loan or simply grow your real estate portfolio, at some point you’ll probably want to refinance a rental property. Part of the refinancing process is the appraisal—a system that lenders have put in place to ensure that the property value is in alignment with the loan amount.

On this episode of Investing in Real Estate, we’re discussing what to expect from the appraisal process. We’ll talk about our experiences, what an appraiser looks for, and what to do if your property doesn’t appraise for the value that you’d hoped.

On this episode you’ll learn:

  • Why appraisers are going extinct.

  • Which industry the appraisal system was created for.

  • Why appraisals are often low.

  • How much you can expect to pay for an appraisal.

  • Why appraisers and investors often disagree.

  • And more!

Episode Resources
CLEAR
Vistaprint
Lender Comparison Spreadsheet
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.