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Investing in Real Estate with Clayton Morris | Investing for Beginners

736: Going From Large Debt to Owning 6 Rental Properties with Jason & Diana - Episode 736

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.11.1K Ratings

🗓️ 7 May 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

If you're driven and consistent, you can quickly change your circumstances with real estate investing. Today's guests, Jason and Diana, are a husband and wife real estate investing team who purchased six rental properties in one short year!

On this episode of Investing in Real Estate, Jason and Diana are sharing how they quickly created a real estate portfolio, increased their financial intelligence, and created a fast track to wealth building. You'll hear about their financing history, how focusing on their values brought them freedom, and much more. If you're looking for inspiration to get started on your own journey, Jason and Diana are bringing tons of value to today's show.

Transcript

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0:00.0

How to six rental properties in one year? I know you're watching this right now saying that can't possibly happen.

0:12.2

Well, I've got proof in into putting today. I've got a

0:14.3

husband and wife team Philadelphia Pride in the house. Jason and Diana are from Philadelphia

0:20.4

originally now living in Florida but they did exactly that in one year

0:24.9

went from zero rental properties to six and they paid off debt in the entire

0:29.7

process and now they're ready to get more properties and they join me today from

0:33.4

Florida good to see you both. Good to see you Clayton. Hi Clayton good to see

0:37.3

him. Absolutely it's great to have you here on the show so give our viewers a little

0:40.7

background how what lit the spark for you?

0:43.2

And you guys now have six rental properties.

0:46.0

So if I were talking to you last year,

0:48.1

you had just started on this journey.

0:50.7

We did.

0:51.3

That's right.

0:52.0

Yeah, we ended up purchasing the first property in February 2019. So it's only been a little over a year. But we started thinking about it, you know, probably two or three years before that was really sort of that self education part just really learning a lot before we sort of pull the trigger on that first property.

1:14.4

But once we purchased that first month,

1:16.8

then it kind of snowball from there.

1:19.0

We ended up with six in one year, which has been crazy.

1:23.0

Yeah, we wanted to take action and we were, I was so scared, it was really Jason who pulled the trigger on it.

1:30.0

And once we started seeing the checks coming and we were like, wait a minute, why, let's do more. So then we bought another one and then we got really bold and we bought four more. And they pretty much all worked out. A couple of rookie mistakes, but you know,

1:45.5

first time that's the name of the game.

1:47.3

A couple of rookie mistakes. Diane, I want to pick up on something you said which was you were scared at first so what was

...

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