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Investing in Real Estate with Clayton Morris | Investing for Beginners

804: Why House Flipping Is a Bad Idea - Episode 804

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.11.1K Ratings

🗓️ 3 January 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

The house flipping industry is pretty big, and I know many investors who have made it their main source of income. I understand why it's attractive, especially to new investors or someone looking to turn a quick buck. Flipping can be profitable, but it’s not for everyone. In fact, I don't recommend it for most investors.

On this episode of Investing in Real Estate, I'm going to share why I advise steering clear of flipping houses. I'm going to share how flipping can actually be a detrimental real estate strategy if you're looking to save time, avoid risk, and gain a steady income. Click play to learn why flipping houses is a bad idea!

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody. Welcome into the Investing in Real Estate Show. I'm Clayton Morris.

0:09.7

So glad to have you here on this live edition. Today we're going to be talking

0:13.7

about house flipping and why it's not a good idea. A lot of people get lured by

0:19.3

the idea of flipping houses making some quick cash, but there are a lot of problems that arise

0:25.6

because of house flipping. So if you're new to the program, welcome. We aim to

0:30.7

teach you how to become financially free and our goal is to help you do this through real estate investing because I believe it's the ultimate store of wealth.

0:39.0

It's the ultimate store of value. It's been an ultimate hedge against inflation and it is in my

0:45.8

estimation one of the most tried and true asset classes that are out there.

0:52.8

And right now, obviously, there's quite a bit of talk about inflation.

0:56.2

We're seeing what the Federal Reserve is planning to do over the next few months, and so there's

1:02.1

going to be a lot more demand for real estate

1:05.4

in the coming months. This story just broke on the Wall Street Journal just a

1:10.0

few moments ago so I wanted to show this to you. We're talking about building and

1:14.4

renting single family homes as a top performing asset. Hey way to catch up

1:19.0

Wall Street Journal. That's what we do at Morris Invest. That's what we've been doing for years, which is renovating,

1:27.0

started building brand new construction properties from the ground up and placing tenants in them with our property management team and it's full service

1:36.4

rental real estate so single families and duplexes are bread and butter and I love the

1:41.7

returns so you if you're interested you can book a

1:44.4

free call right on our website by going to Morris Invest.com and click on that book

1:48.0

a free call tab but I love this article because it even says right in the

1:52.0

beginning of the article

1:53.0

average risk adjusted annual return for build built to rent investments is now about 8%

...

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