691: Q&A: Should I Cash Out My 401k? - Episode 691

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.1 • 1.1K Ratings

🗓️ 30 November 2020

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should you cash out your 401k to buy rental real estate? That’s our first question on today’s Q&A Monday! On this episode of Investing in Real Estate, I’m tackling three listener questions.

Today's Q&A episode features listener questions about cashing out a 401k, dealing with tenants who can't pay during the pandemic, and finding private money partners. Press play to hear my A's to your Q's!

Transcript

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0:00.0	Welcome to the investing in real estate show. Thank you so much for joining us. I am
0:08.8	Clayton Morris. So glad to have you here. This is a show where we help you become a more
0:12.3	intelligent real estate investor
0:14.0	and as you know
0:15.0	once a week we love to do our
0:16.0	and a episodes where we dive deep
0:18.0	with questions from you
0:19.0	and you can ask us a question
0:21.0	just leave it to like 30 seconds if you will
0:22.0	you can leave us a voicemail question by going to Morris Invest,
0:25.3	that's our website Morris Invest.com slash Clayton and click on the little button there you can
0:30.7	leave us a 30 second voicemail question about finance
0:33.4	real estate and anything that is on your mind as it relates to building
0:37.3	financial freedom. All right our first question comes to us from James. James
0:41.2	take it away. Hey how how you doing, Clayton?
0:44.0	My name is James Walker.
0:46.0	My question is, should I take my 4K?
0:49.0	I'm about to retire from my job,
0:51.0	took my 4K, cash it all out and just use it to invest in real estate.
0:56.2	Do you think that's a good idea?
0:58.2	Thanks.
0:59.2	Thank you, James.
	...

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