Investing in Real Estate with Clayton Morris | Investing for Beginners

For years, we’ve been in an affordable housing crisis. Since the great recession, there has been a massive shortage of homes. Builders, of course, have been hesitant to build in droves since getting burned in 2008 and 2009. And we know that in the past few years, the prices of everything have risen dramatically. This includes lumber, land, and labor. It has become very expensive to build a home. Then, there are interest rates. Higher interest rates over the past couple years have put a massive halt on home sales across the country. Today we’re going to talk about the critical connection between interest rates and the housing crisis we’re seeing across the United States.

Today's first caller used a Veterans Affairs loan to house hack. What's the best way for him to grow a strong real estate portfolio? On today's show, I'm answering this great question, and more! This encore Q&A episode features three of your questions on investing with a VA loan, vacancy rates in our rental markets, and my take on the possibility of a global banking crash. As always, I appreciate your thoughtful questions, and I hope you enjoy this episode of Investing in Real Estate!

My general philosophy when it comes to real estate investing is that the credit score isn’t as big of a deal as people make it out to be. If you’re holding back on reaching your real estate goals because of a credit score, I think that’s a huge mistake. There are so many ways to work around a low credit score. However, it’s true that a higher credit score can benefit you in a number of ways. The higher your score, the easier it is to qualify for loans and get access to the best rates and terms. If you’re looking to improve your credit score, this episode is for you. You're going to learn about five specific ways you can boost your score!

If you have access to a big chunk of equity, how much should you tap into to grow your real estate portfolio? And what is the best product to help you reach your goals? That's the first question I'm answering on this encore Q&A edition of Investing in Real Estate! On today's show, I'm answering three of your real estate investing questions spanning topics like using home equity to invest, the mechanics of buying US rental properties from Canada, and the cost of setting up a self-directed IRA.

Thanks to skyrocketing home prices, American homeowners are flush with equity in their homes. It was reported that over 47% of mortgaged homes across the United States are considered equity rich. Today, we're going to talk about what this amount of equity could mean for the American homeowner. You're going to learn why now is a great time to leverage your home to buy a rental property, and how to do it. We're going to talk about specific lending products you can use, their pros and cons, and what to consider before you use this strategy.

If you have a mortgage on a rental property that's owned by your self-directed IRA, how does the mortgage need to be paid? On today's show, we're going to answer this question — and more! This encore Q&A episode of Investing in Real Estate features three listener questions on self-directed IRA payments, how to choose a landlord friendly state to buy investment properties, and what investors should consider about taxes when buying raw land.

One of the best parts about buying real estate is that you don’t need gobs of cash to get started. In fact, I would argue that your creativity and your determination are more important factors than your savings account balance. All you need to do to get started is to secure a down payment on your first rental property and let the bank finance the rest. There’s no other asset type that you can buy with the banks money to grow your net worth and begin creating passive income. So on this episode, I’m going to help you brainstorm a few ways to fund a down payment on your next rental property.

Smart investors know that utilizing a self-directed IRA is an incredible way to build wealth and maximize your retirement. But is there a way to take a loan from your self-directed IRA in order to take advantage of further tax benefits? That's the first question I'm answering on today's show! This encore episode of Investing in Real Estate features three of your questions on self-directed IRA rules, distributions, and getting into real estate as a beginner.

A lot of people spend their lives hard at work, dreaming of the day that retirement comes around. If you’re lucky, you can claim Social Security benefits at the age of 62, and you can tap into your 401k or IRA without penalty at 59 ½. But what if you didn’t have to wait until you’re 60 years old to give up the daily grind and the dreary commute? What if you could travel when you wanted, without being tied to a work schedule? On this episode of Investing in Real Estate, we're going to discuss the major flaws with our society's retirement system and what you can do instead.

My general advice is to rent the home you live in. But what about using the equity in your primary residence to buy rental properties? Today we're going to walk through the pros and cons of owning your home. On this episode of Investing in Real Estate, I'm answering three listener questions about owning vs. renting, using business credit, and how to best utilize your savings when investing in real estate. If you want to learn more about real estate investing, this episode is for you!