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Investing in Real Estate with Clayton Morris | Investing for Beginners

925: Q&A: Can I Use Annuities to Invest in Real Estate? - Episode 925

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.11.1K Ratings

🗓️ 27 February 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Today's first caller asked about using annuities to begin investing in real estate. Is this a good strategy, and what's the best way to get started? That's the first question I'm answering on this Q&A episode!

Before I get to your questions, I'm sharing the latest data on the housing market and giving an update on what's coming in terms of real estate pricing and interest rates. Then I'll answer your questions about annuities, LLCs for real estate, and using a HELOC to pay down your mortgage. Press play to hear my A's to your Q's!

Transcript

Click on a timestamp to play from that location

0:00.0

Nobody is ready for what's about to happen in this housing market. Nobody. No

0:09.4

no mainstream media organization is talking about it. Every data piece I'm looking at doesn't even recognize what's about to happen.

0:15.2

So we're going to blow the roof off the dump right now and tell you.

0:18.1

Welcome in everyone, I'm Clayton Morris.

0:19.6

Welcome into the Investing in Real Estate Show.

0:21.5

On this show, we aim to make you a more intelligent

0:23.7

investor and I gotta tell you what's about to happen in this real estate market in 2023 and

0:28.8

in the 2024 is astonishing we are about to see housing prices skyrocket again. We're already

0:35.2

starting to see it in some of these test markets, areas outside of New York City where

0:39.5

over the past few weeks bidding wars have been breaking out once again. Yes bidding wars

0:44.9

bidding wars are breaking out once again and again why we're seeing this is because of

0:49.1

pent-up demand. So I want to go through some of the data points here and then we're

0:51.9

going to take some of your phone calls

0:53.6

on this Q&A episode.

0:55.0

But get ready for housing prices to skyrocket.

0:57.8

So if you've been sort of sitting on the sidelines

1:00.1

wondering, hey, should I invest in real estate right now or should I make that

1:03.5

purchase if you can afford it, if you've got money for a down payment and you've got your

1:07.2

financing lined up, you're pre-approved and all that. Absolutely. And the reason is right now prices are low prices are flat. That's not going to remain for very much longer.

1:18.0

We saw a slight little correction and when I say correction all I mean is that interest rates went up and millennials couldn't buy

1:24.0

homes. That's the correction we saw. But I'm telling you, the pent-up demand for

1:28.6

properties right now is off the charts. The new Pew research numbers just came out this past week and it shows us that we need 3.8 million homes 3.8 I even think that number is a little low

...

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