Continue to build your financial education.
Here are some other resources you’ll want to bookmark:
Put your down payment savings to work.
A lot of the people we connect with have $10k, $20k, or even $40k saved toward a down payment on new investment property. But while they’re working to save the rest, that money is just sitting in a savings account, losing value because of inflation. Or, worse yet, they try putting it in stocks and they end up LOSING a bunch of money.
Our team came across this so often that we started looking for a safe and profitable solution we could offer in these situations…
As a result, our team at SDIRA Wealth partnered with Connect Invest. Now our clients have a vehicle to GROW their existing cash while gathering the rest of their down payment.
Traditionally, investing in real estate requires a decent chunk of money – like a down payment. But Connect Invest has lowered that barrier to entry with Short Notes.
Now you can invest as little as $100 through Connect Invest’s online platform and get competitive returns of 7.5-9%.
As a client of Morris Invest and SDIRA Wealth, you can open an account at Connect Invest for FREE. And it only takes 5 minutes.
You’ll ALSO get a $50 bonus, which they’ll add to your first interest payment.
It’s a safe and secure way to ensure you’re making monthly passive income while you continue to save for a property. It’s as easy and worry-free as investing in a CD, but you’re getting 5x the returns!
For example, a member of my team is saving for a down payment on one of our properties. She and her husband kept the money in their savings account, but they knew it was losing value because of inflation. They were thrilled when we partnered with Connect Invest because it allowed them to put $10k into a Short Note with an 8% return.
So instead of the measly $10-15 that money would generate in their savings account (while it lost a lot more value than that due to inflation) in a year, they’re going to have an additional $800 this time next year. Now that’s a smart investment!
Here’s an overview on the terms and returns –
Competitive Rates with Short-Term Commitments
Find your Freedom Number.
Your Freedom Number is the amount of rental income you’ll need to replace your income. It will also give you an idea of how many properties you might need to achieve financial freedom. But there’s a little more to it than simply swapping out the amount you make for potential rent checks…
Natali and I walk you through the process of finding your Freedom Number step by step in our free, downloadable Freedom Number Cheat Sheet. Get it now by clicking below –
Click here to get your Freedom Number Cheat Sheet
Be on the lookout for creative ways to fund your investment.
Consider joining the Financial Freedom Academy.
If you want to fast-track your way to owning rental real estate by making sure you’re financially prepared, I encourage you to think about joining our Financial Freedom Academy, or FFA. Over half of our FFA members go on to become clients, and many are able to buy multiple properties within the first two years of joining.
Get your finances in order with our help so you can quickly build and grow your investment portfolio. You’ll also get direct access to Natali and me via our private FFA Facebook group and mentoring calls.