745: Q&A: What's the Best Affordable Rental Property? - Episode 745

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

🗓️ 7 June 2021

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Right now the housing market is hot and lumber prices are high. If you're looking for an affordable strategy to grow your real estate portfolio, you might feel like there aren't a lot of options. What's the best way to get into low cost rental properties?

On this Q&A episode, I'm answering questions about affordable rental options, getting into real estate partnerships, and how to decide if you should buy now or save for a larger down payment. Press play to hear my As to your Qs!

Transcript

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0:00.0	Welcome to the real estate investing show. I'm Clayton Morris. Thank you so much for
0:08.7	joining us. This is the show where we help you become a more intelligent real estate
0:11.8	investor and I believe one of the best
0:13.2	ways we can learn is from listening to other people's questions.
0:16.3	We think we have all the answers.
0:17.6	We don't very often.
0:19.1	Other people's questions can set a, set something on fire for us and lead us down an incredible path.
0:24.4	So on this show we answer your questions and you can leave us a voicemail question here
0:28.4	by just going to Morris Invest.com slash Clayton.
0:31.2	Again that's Morris Invest.com slash Clayton. We, that's Morris Invest.com
0:33.1	slash Clayton. We'll have links in the show description below.
0:37.0	All right, our first question today is from Sorry. Sorry, take it away.
0:41.5	S-A-R-I.
0:43.0	Hi, Clayton, my name is Seri.
0:46.0	My husband and I own 12 lots where we live in Montana,
0:50.0	and the little town we live in is in desperate need of rentals.
0:55.0	We were going to build some houses, but the cost of building right now is just crazy,
1:02.0	so that's not going to happen. We're considering mobile homes and we were
1:07.8	just wondering if you had any other ideas for affordable rental houses. Thank you. Thank you so much for the question. Sorry that I
1:17.1	butchered your name at the beginning. I'm just going off of spelling by the way when I see a name. So great
1:21.7	question. Yes, the cost of building right now is
1:23.8	astronomical. What I would suggest number one is maybe contacting a local
	...

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