Rich Dad Poor Dad for Real Estate Investors Rich Dad Poor Dad by Robert Kiyosaki is regarded as the #1 personal finance book of all time, and for good reason! This book has given me, as well as countless other investors the tools needed to build true, lasting wealth. Rich Dad Poor Dad outlines how
Beginners
Need help setting up your self-directed IRA? Let our full-service IRA team walk you through the process: http://morrisinvest.com/book-a-call-youtube At Morris Invest we help thousands of people build tax free wealth with Self Directed IRA’s. If you’re Looking for a tool that can help you build exponential wealth and create financial freedom? A self-directed IRA is
Is a HELOC Still Tax Deductible? The 2018 tax code brought about a lot of opportunities for real estate investors. And since we’re big proponents of using a home equity line of credit for investing, we’ve gotten this question a lot recently: is a HELOC still tax deductible? In this video, I’m discussing how changes
The Housing Choice Voucher Program, often referred to as Section 8, allows tenants to apply for housing assistance through the government. As a landlord, you’ll want to consider whether or not renting to Section 8 tenants is right for you. In this video, Natali and I are sitting down to discuss the basic mechanics of
Ready to buy your first rental property? Book a 30 Minute call with our team ➜ https://morrisinvest.com By now you know that owning rental real estate is the number one way to build wealth in this country. On today’s show we’re getting back to basics if you’re just starting out. In this video, we’re walking
How To Create Your Private Money Credibility One Sheet In the first video in our private money series we’re talking about THE most important piece of the puzzle, setting up your credibility one sheet. The credibility private money one sheet will be the most effective tool in your presentation to potential lenders. In this video
Title Company For Real Estate When the time comes to close on your rental property, you’ll need to determine whether you should work with a title company, a lawyer, or both! Some states have requirements, while others allow you to choose. In today’s video, I’ll elaborate on the role of both a title company and
I made a huge mistake with my real estate portfolio and I want you to learn from me while you’re building passive income. You have to nurture your rental portfolio so you don’t do what I did. Join me in the Financial Freedom Academy ➜ www.FinancialFreedomAcademy.com Download our FREE Freedom Cheat Sheet here ➜ http://bit.ly/2yj3pC6
Should You Rent to People with Pets? When you become a landlord, there are decisions you’ll have to make about your rental business. One of those decisions is whether or not to allow pets to live in your property. In this video, you’ll learn a wise piece of advice I learned from my mentor about
Should You Buy a Rental Property with an HOA? Can you make a profitable investment if your rental property has homeowners’ association (HOA) fees? In this video, I’ll explain what an HOA is, the purpose it serves, and how it can affect landlords. If you’re looking to buy a property within an HOA, this video
Why Owning The Home You Live in is a Terrible Investment Before you start sending me hate mail just hear me out on this one. Many of the most successful investors I know rent the home they live in. Why? Because owning the home they live in is a terrible investment. You don’t get the
You probably already know the importance of making business purchases in order to lower your overall tax burden. But sometimes, it can be difficult to determine what kinds of purchases can serve as legitimate business expenses. Recently, one of our listeners asked about the idea of purchasing a vehicle as a business expense. In this
One of the most common questions we hear is, “Is now a good time to buy real estate?” Especially as we embark into 2019 and you set your goals for the year, it’s important that you consider whether or not it’s a favorable time to buy. In this video, we’re diving into this complex question
How To Buy Rental Properties To Save On Taxes As we approach the end of the calendar year, many investors find themselves wanting to purchase more properties. Why? Because real estate investing is the best way to mitigate your overall tax burden! In this video, I’m sharing four ways that real estate investing can help
What Smart Investors Buy (How to Build Cash Flow: Part 1) If you’re new to the real estate investing game, there’s one important concept you need to grasp in order to be successful long-term. All smart and savvy investors have one goal in mind: cash flow. In this video, I’m kicking off a new series
The Three Stages of Real Estate Investing This may be the most important video you ever watch about real estate investing. If you’re a beginner real estate investor, you might need to refocus your goals. Today, I want to talk about reframing your approach and thinking about your future as a real estate investor. In
If you’re getting serious about your real estate investing business, you might need to transfer properties that you own as a sole proprietor into an LLC or other business entity. Since this is a legal process, you’ll want to make sure you have all of your bases covered. In this video, Natali and I are
Morris Invest: What is the 1% Rule for Real Estate Investing? There are many ways to evaluate a real estate deal, but one common method utilized by investors is the 1% Rule. This rule of thumb helps investors determine if their investment will be safe and profitable. In today’s video, the Morris Invest team is
Flipping Houses vs Owning Rental Real Estate Flipping houses and owning buy and hold rental properties are two of the most popular real estate strategies. In this video, I’ll share how each strategy works, and what it means for you as a real estate investor. You’ll learn what to expect from a house-flipping project, and
Should You Cash Out Your 401k to Buy Real Estate? One of my favorite strategies for purchasing cash flowing real estate is taking a loan from my 401k plan. But today, I want to talk about something different: totally withdrawing from your 401k in order to purchase a rental property. In this video, you’ll learn
8 Tax Deductions for Real Estate Investors 2018 My favorite tax accountant Tom Wheelwright likes to say, “if you’re a real estate investor and you’re paying taxes, then you’re doing it wrong.” One of the top benefits of real estate investing is the enormous overall implication on your tax burden. In this video, I’m sharing
With mortgage rates dropping, many homeowners are left wondering if they should refinance their homes. Like many finance decisions, this can vary based on your personal situation. In this video, we’re here to help you determine if you should refinance your mortgage! We’ll walk you through a simple formula, and discuss some caveats. You’ll learn
Single Family vs Multi Family When it comes to buying a rental property for passive income it all comes down to personal preference as a landlord. Personally I buy mostly single family properties. But many investors we work with love to buy multi family houses. In this video we going to talk about the pros
Profit First for Real Estate Investors Finances are an integral part of running any business, and real estate investing is no different. Figuring out how to properly and effectively structure your finances can be confusing, but I’ve discovered a method that has totally changed my personal real estate investing business! In this video, I’m reviewing
You probably already know the importance of funneling legitimate expenses through your business for tax purposes. But if you really want to take your finances to the next level, you should consider using business credit cards to take advantage of reward points! In this video, you’re going to learn how to live like a boss
5 Powerful Benefits of a 1031 Exchange Explained A 1031 exchange is a powerful tool that allows an individual or business to save on taxes after the sale of a piece of real estate. This tax deferral program permits the investor to sell a real estate property and then reinvest the funds in another property.
Morris Invest: Buying Your First Rental Property and Start Up Costs We’ve discussed the regular expenses you should account for as a real estate investor, but what should you expect when you’re just getting started? In today’s video the founder of Morris Invest, Clayton Morris, is sharing sharing five start up costs that are associated
BRRRR Real Estate Strategy The BRRRR Method is an effective method used in real estate for exponentially growing your real estate portfolio. This strategy is a powerful and proven way to leverage. If done correctly, the BRRRR Method can help you quickly grow your real estate business in a matter of a few short years.
Should You Buy Rental Properties in a D Class Neighborhood? I’ve mentioned before that my favorite investment properties tend to be in C class neighborhoods. But what about D class neighborhoods? Can a D class real estate investment be secure and produce a high ROI? In this video, I’m explaining what a D property looks
The Basic Foundation of a Real Estate Investing Business If you take real estate investing seriously, you’ll want to conduct your venture as a business. Doing so makes your investing more profitable, more organized, and more successful! I recommend setting up a business in order to reap all the benefits of being a business owner.