741: Q&A: What Does It Cost to Work with Morris Invest? - Episode 741

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

🗓️ 24 May 2021

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

What can you expect to pay when working with our full-service real estate team? Are there monthly fees or membership costs? On this Q&A Monday, I'm answering this question!

On today's show, I'm replying to three listener questions about what it costs to work with Morris Invest, what to consider before building a new property on a piece of land, and how to get equity out of a mobile home. Press play to hear my answers to your questions!

Transcript

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0:00.0	Welcome to the real estate investing show. I'm Clayton Morris. So glad to have you here.
0:09.2	Longtime real estate investor. I'm the founder of Morris Invest, which is a full-service rental real estate company.
0:14.8	This year we are on pace to build about 700 homes with our team.
0:19.4	Very exciting times because the demand has just been off the charts. We're in this incredibly robust
0:24.0	housing market right now and the demand for rental real estate has never been stronger.
0:28.0	And because the government is printing money like it's going out of style, this inflation that we are seeing is making is
0:35.0	making it's going out of style. This inflation that we are seeing is making even more of a demand for buy and hold real estate as a hedge against inflation.
0:40.0	On this show, we aim to make you a more intelligent real estate investor and we take your questions on this particular show.
0:45.4	You can always leave me a 30 second voicemail question if you would like by going to our website.
0:50.0	Just go to Morris Invest.com slash Clayton. Morris Invest.com slash Clayton.
0:53.0	Morris Invest.com slash Clayton and there you can leave me a 30 second investing question
0:57.6	about taxes, real estate doesn't matter and we will dive into it.
1:00.8	So we've got three questions today from our audience and the first one is from
1:04.1	Jenny. Let's listen in.
1:05.5	Hi my name is Jenny. I'm just curious if I'm just starting out and want to get into
1:12.1	real estate investing. I needed to know what it costs. I know when I we have some stocks and there's fees of course for the management of those stocks and for the real estate investing
1:26.8	I'm new to it and I'm just curious what sort of fees are charged for for real estate investing with well specifically with your company
1:36.1	obviously. Thanks. Sure so thank you Jenny for that question I know that's a question a
1:41.8	lot of people have there when we do our live streams we do our live stream every Tuesday here on the net on the channel and people are asking like well what what sort of additional fees are there to work with your company and there are no additional fees.
1:55.0	You know you're simply buying the house and that's it.
1:57.6	You own the house outright, 100%.
2:00.1	The only ongoing fee that you would have is your property
	...

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