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Investing in Real Estate with Clayton Morris | Investing for Beginners

879: Q&A: How Can I Invest with My Child? - Episode 879

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.11.1K Ratings

🗓️ 19 September 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Today's first caller asked an interesting question about using college funds to invest in real estate. What's the best way for an investor to get their child involved in real estate investing? That's the first question I'm answering on today's show!

This Q&A episode features three great listener questions on involving children in your investing, how USDA loans work, and the best way to utilize equity gains. Hear my answers to your best investing questions on this episode of Investing in Real Estate!

Transcript

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0:00.0

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

0:10.2

I've gone. If you're watching the video version of this, I've gone a full mountain man. So I apologize if you're watching the video version, but I've got

0:16.4

my son today. She's daddy, daddy, you growing a beard again? No, no, no, it's just a few

0:22.1

days without shaving. I grow like a

0:23.6

wherewolf and out in the out in the garden building a structure. So it's been like

0:28.3

knee-deep in dirt and rocks and boulders and plywood and two by fours and table saws and everything else.

0:36.4

So I apologize, but I feel good.

0:38.4

I want to talk some real estate now and I want to talk about your, I want to answer

0:41.6

some of your questions and that's what today's episode is all about.

0:44.1

It's the Q&A edition of our Investing in Real Estate show and I love this time of the year as we

0:49.8

heading towards the holidays, you know, it is the fall of the the year I think today's the 19th so we've really hitting I think

0:57.3

fall is what in two days 21st or the 22nd I don't know when the fall the autumnals equinox is October fest and I love this time of the year and I think you know it's a time when we get a little cozy lights you know the sun goes down a little earlier we can curl up by the fire and we can

1:14.9

read a good book watch a few good YouTube videos and start educating ourselves I think

1:20.0

this is a good time of the year to sit down and think about what are my goals where do I want to be next year

1:25.8

you know in 2023 where do I want to go can I acquire that second or third rental property

1:30.9

of my first rental property like where how can I get my family

1:34.1

out of debt how can I start to build towards my freedom number and start to map out some of

1:38.8

those goals and wake up early before work before the kids are up and and sit downstairs and have a cup of coffee and just just journal a little bit and focus on those goals.

1:49.0

You know, what are the 10 things, the 10 steps that you know you need to take in order to reach that one big goal,

1:54.7

we'll start taking them in baby steps. You know, just start tackling that first step.

1:59.5

Then we can move on to the second step. So, you know, it's a change of season. It's time to reorient. It's time to get a little

2:06.4

motivated and it's time to start educating ourselves as we head into this fall season. I hope there's a little

...

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