Welcome to the investing in real estate show. I'm Clayton Morris. So glad to have you here.

We run a full service rental real estate company over at Morris and Vests. So we know a thing or two about real estate and we've seen ups and downs in the market, interest rates high, interest rates low. And so we're at a really interesting time right now as we are in the

dog days of the summer and we're seeing these interest rates high and we're seeing

non recourse loans actually being even better smarter investment probably

because interest rates are locked in and it's actually not tied to you personally.

So again, totally different weirdness going on right now, but still real estate investing I believe is the number one way to build wealth as a hedge against inflation and to protect your family's assets and create cash flow.

Even if we have slightly higher interest rates than we are used to, it doesn't matter. That tax shelter and the ability to create

passive income for you and your family is second to none. Nothing actually

even comes close to it. So on this show, this is our Q&A episodes where you're able to leave us a

30 second voicemail question by going to our website. There's a microphone

icon in the lower right-hand side of your screen when you go to Morris Invest.

com that's M-O-R-R-I-S-Vess.com. That's M-O-R-R-I-S- Invest.com and try to keep them short and sweet and we will answer them here on the show.

Okay, we've got three questions today. Our first one is from Jay.

Hey Clayton, this is Jay from Houston, Texas.

I have a quick question.

I have three rental properties and I was wondering

if it's a good idea to create an LLC and do quick claim deed of my personal, the investment

properties into an LLC, what the benefits are and what may be the downside of doing that. Thanks.

Thanks so much Jay. Again I'm not a lawyer and I'm not a financial advisor so let me just

say I can't tell you what to do with your rental properties but personally the you know what to do with your rental properties but personally the you know we've we've Garrett

Sutton who is a rich dad advisor he's a lawyer his advice to us over the years has always

been never own a property in your own name long term.

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