1159: Q&A: Should I Self-Insure My Property - Episode 1159
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.4 • 1.1K Ratings
🗓️ 26 May 2025
⏱️ 18 minutes
🧾️ Download transcript
Summary
On today's show, I'm answering three of your great questions about self-insurance, self-directed IRAs, and how to invest in US real estate from Canada. We'll also talk about living the life you want now, the importance of being empowered in your financial freedom, and more.
Transcript
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| 0:00.0 | Welcome, everybody's The Investing in Real Estate Show. And on this show, we teach you how to live |
| 0:10.4 | financially free. That is the goal to live the life that you want now and not worry about |
| 0:15.7 | retirement later, like the idea of living so that you can just retire, working every day to you're 65 years old, |
| 0:22.5 | and then you can start living your life? No, no. The opposite is what we try to teach you here on |
| 0:27.1 | the show is to live the life that you want now, building up your nest egg and your net worth, |
| 0:32.0 | using real estate and smart investing so that you can live the life that you want and travel |
| 0:37.3 | right now. |
| 0:38.4 | The catalyst for this episode, and I want to kind of kick off this year in 2024 talking about |
| 0:43.6 | that. We just got back from a trip. We were gone for about two weeks. And we were skiing and |
| 0:50.1 | just spent a lot of time with the family. You know, we took time off course during the holidays. |
| 0:53.8 | But then even after that, when other people were going back to work, we said time with the family. You know, we took time off, of course, during the holidays, but then even after that, |
| 0:54.8 | when other people were going back to work, we said, no, no, you know, we work for ourselves |
| 0:59.4 | when we've decided to carve out and live the life that we want for ourselves, using real |
| 1:04.1 | estate investing as the catalyst, as the thing that allows us to have that freedom in our |
| 1:09.1 | lives. And it was a thing, of course, that we set |
| 1:11.1 | about to do a number of years ago, I mean, well over 15 years ago now, when we really set about |
| 1:16.5 | to stop working for somebody else and use real estate as a way to provide our freedom number. |
| 1:22.9 | And if you haven't downloaded our freedom cheat sheet, I encourage you to go and do that. Just go to |
| 1:26.5 | MorrisInvest.com slash freedom. It's do that. Just go to morrisinvest.com |
| 1:27.7 | slash freedom. It's totally free. It's like three pages long and it could change your life. |
| 1:32.5 | And anyway, go through the worksheet because while we were on this trip, someone came up to me and said, |
| 1:37.1 | we were just chatting with a family near our table. And we asked them how long they were going to be there. And they said, oh, we've got to go back. I have to go back to work. |
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