819: Q&A: How Do I Go From Homeowner to Investor? - Episode 819

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

🗓️ 21 February 2022

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you have a primary residence that you're considering converting into a rental property, what's the best way to do that? Are there specific steps you need to take to be successful? That's the first question I'm answering on this Q&A episode!

On this episode of Investing in Real Estate, I'm answering three of your thoughtful questions on turning your home into an investment, researching short-term markets, and creative ways to find a down payment. Join me for this episode!

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the investing in real estate show. I'm Clayton Morris. So glad to have you here. I'm the
0:09.5	founder of Morris Invest, which is a full service rental real estate company.
0:13.4	And I know a thing or two about getting frustrated with real estate investing and where to go and
0:18.1	how to get started and finances and getting funding and all of those pieces and interest rates and everything
0:25.2	that scares you about getting started in real estate investing and that's why I attempt to do
0:28.6	these Q&A episodes where you ask a question I give you an answer.
0:32.4	You're able to leave us a 30 second voicemail question
0:34.5	by going to Morris Invest.com.
0:36.2	And when you're there, you'll notice a little microphone icon
0:38.3	on the website.
0:39.3	Just click that and leave us a 30 second question
0:41.2	about anything that's on your mind as it relates to investing
0:44.2	in real estate.
0:45.3	So there are no stupid questions and I think all of us who listen to this show can learn something
0:50.4	from your questions whether you're advanced or you're just beginning.
0:53.5	It doesn't matter.
0:54.6	All right, let's dive into it.
0:56.0	Our first question today, here we go.
0:59.0	What is the strategy to help homeowners become real estate investors,
1:04.0	especially if you own a home and you want to rent it out
1:07.4	in order to buy bigger.
1:09.4	A mortgage broker explained to have a 720 credits score, 45% debt to income ratio, and 20% to put down.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Clayton Morris, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Clayton Morris and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.