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Investing in Real Estate with Clayton Morris | Investing for Beginners

1035: Q&A: Should I Sell My Home to Start Investing? - Episode 1035

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.41.1K Ratings

🗓️ 18 March 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Today's first caller wants to start investing, and she's not sure if she should sell her home, start house hacking, or take another route. What's the best option for her to start diversifying her income? That's the first question I'm answering on today's Q&A episode!

On this episode of Investing in Real Estate, I'm taking three of your great questions on how to decide if you should sell your home to start investing, my experience with cost segregation software, and investing in Europe. Click play to hear my answers to your great investing questions!

Transcript

Click on a timestamp to play from that location

0:00.0

Book your ticket to happiness with Sun Express Airlines. We are seeing a recession red alert right now. Over the past few hours we've seen some

0:28.4

leading economic indicators right now suggesting a potential recession in the United States in the next

0:33.9

six to 12 months tell that to the Biden administration they don't want to hear it

0:37.5

but these things are flashing red right now we're going to get into a

0:41.2

couple of them coincident indicators that are really

0:44.7

decelerating quickly according to Seeking Alpha. Now the Fed faces, we've been talking about this,

0:49.6

if you're watching the show for any length of time, we've been talking about how the Fed is facing a really difficult choice right now.

0:55.0

We got the inflation numbers this past week and we know that the Fed is now really

1:00.0

in a rock and a hard place because they do not want to raise interest rates, absolutely do not

1:05.5

want to do it, but they may have no choice because they have either the choice right now to cut interest

1:11.1

rates to prevent a recession which they're not going to do.

1:14.4

They just told us basically that's not going to happen.

1:17.2

In fact the opposite may happen in the next month into May, we may, you know, month and a half or so, we may see interest rates rise.

1:26.3

They may have no choice because we are seeing consumer spending slowing down.

1:30.5

We're seeing the trouble in the commercial real estate market right now. We're seeing a huge amount of layoffs of Americans being laid off in the United States and we saw the course the Tyson Tyson chicken foods, which is unbelievable,

1:43.3

being replaced with illegal immigration

1:46.0

to fill those quarters for manufacturing right now.

1:49.9

And we're seeing that across the board right now.

1:51.8

So real layoffs, slow down in consumer spending,

1:56.8

people are not buying things as much as they were, and we're also seeing interest rates not going down.

2:03.0

So where we thought we would see maybe a boom in housing,

2:06.7

a boom of consumer spending, Wall Street excited about

...

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