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Investing in Real Estate with Clayton Morris | Investing for Beginners

1010: Investing in Rental Properties the Right Way - Episode 1010

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

How To, News, Education, Business News, Business, Investing

4.41.1K Ratings

🗓️ 21 December 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

In the landscape of higher mortgage rates, limited housing supply, and intense competition, finding a good rental property can feel like a tall order. In fact, some people are choosing to put off their investing goals until things regulate in the market. But waiting to invest in real estate could cost you in the long-term.

On today's show, you’re going to learn the right way to buy real estate. We’re going to talk about what to look for in a rental property, how to navigate the market, and the best solution you can use to add rental properties to your portfolio.

Transcript

Click on a timestamp to play from that location

0:00.0

How to invest in rental properties the right way.

0:05.0

Welcome in everyone to the show.

0:10.0

So glad to see you all here in the landscape of higher mortgage rates, limited housing supply, and intense

0:15.1

competition out there.

0:16.1

Finding a good rental property can feel like a tall order.

0:19.4

Trust me, I know.

0:20.4

In fact, some people are choosing to put off their investing goals until things

0:23.5

regulate in the market. I get emails from people that say, I'd like to invest now, but things

0:27.4

are a little crazy out there right now, so I'm going to wait a few years.

0:29.8

Remember, it's time in the market, not timing the market.

0:34.4

So those three years, that person is now wasting,

0:37.2

regardless of interest rates and all of that, right?

0:40.1

They're wasting time now, and they should be in the market.

0:43.5

So waiting to invest in real estate could cost you over the long term.

0:47.6

So in today's video you're going to learn the right way to buy real estate.

0:50.6

We're going to talk about what to look for in a rental property, how to navigate

0:54.8

this market and the best solution that you can use to add rental properties to your portfolio.

1:00.5

So here are some minimum standards that you should look for in a rental property if they don't even hit this minimum walk away

1:07.0

Okay, number one located in a landlord-friendly state in a growth market.

1:12.0

Number two, selling at or below market value. I would

1:15.6

absolutely want to be buying a property that is at or below the market value of

1:20.9

that property. If I get an appraisal and it's at the appraised value,

...

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