796: 6 Market Red Flags: What to Avoid in a Real Estate Market - Episode 796
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 2 December 2021
⏱️ 22 minutes
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Summary
I get asked constantly about various rental markets, but most of the time I just don't have the data to give you a clear cut answer. I wanted this episode of Investing in Real Estate to act as a guide or checklist for you to determine whether a rental market is worth your time and investment.
Transcript
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| 0:00.0 | Welcome in everybody to the investing in real estate show. I'm Clayton Morris. On today's show we're |
| 0:10.0 | going to talk about housing markets. Specifically if you're considering investing in a certain real estate market. |
| 0:15.4 | I'm going to share some big red flags that might pop up in your research. |
| 0:19.7 | I get asked constantly about various rental markets. I get emails on a regular basis like hey Clayton I'm thinking about investing in this town or this area |
| 0:27.8 | But the problem is most of the time I just don't have the data to give you a clear cut answer on this town or this state. |
| 0:34.2 | So I wanted today's video to act as a guide or a checklist for you so you can determine |
| 0:39.0 | whether a rental market is worth your time and investment. |
| 0:42.0 | Literally, taking these six red flags into account can save you |
| 0:45.8 | an entire bucket of headaches. Can you have a bucket of headaches? I guess you could, right? |
| 0:53.0 | Or a bucket of pain. |
| 0:56.0 | A big bucket of problems, okay? |
| 0:59.0 | So if you could avoid these red flags, |
| 1:01.0 | then you are well on your way to making a smarter decision in real estate investing. |
| 1:06.2 | So for those of you that don't know me, I'm Clayton, I'm a longtime real estate investor. |
| 1:10.7 | I started real estate investing now almost 15 or so years ago and |
| 1:15.8 | when I was working a 9 to 5 job I started investing in real estate on the side. |
| 1:20.8 | These are things that we were never taught in school, right? |
| 1:22.7 | For most of you probably weren't taught how to invest in high school. |
| 1:26.0 | You know, the most I was able to learn was how to balance a checkbook. |
| 1:29.6 | They teach you to work for somebody else a 9 to 5 job. |
| 1:32.5 | And so I was taught to work for somebody else. |
| 1:35.7 | I was taught to balance a checkbook. |
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