961: Q&A: Should I Wait to Invest in Real Estate? - Episode 961
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 3 July 2023
⏱️ 19 minutes
🧾️ Download transcript
Summary
This Q&A edition of Investing in Real Estate features three of your excellent questions. We're covering topics like timing the market, investing in real estate notes, and how to get started as a beginner. Click play to hear my answers to your best investing questions!
Transcript
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| 0:00.0 | Welcome everybody to the real estate investing show. I'm Clayton Morris |
| 0:09.2 | so glad to have you here. I'm the founder of Morris Invest which is a full |
| 0:12.4 | service rental real estate company. |
| 0:14.2 | You know, a number of years ago we were a turnkey and we went beyond turnkey realizing |
| 0:18.6 | that customer service is the number one thing that you can provide. |
| 0:21.8 | So Morris Invest along with our team at |
| 0:24.1 | Cadiro Wealth, that's what we do is help people invest in real estate where |
| 0:28.2 | they can be totally hands off and have a great team helping them, guiding them through the entire process. |
| 0:34.6 | So if you'd like to book a call with our team, you can do so by going to Morris Invest.com |
| 0:38.6 | and jump on a phone call and you can see how we can find a great solution to help you reach financial freedom. |
| 0:45.0 | We are all about cash flow and I have to say I'm really angry because we've had a number of clients |
| 0:49.2 | that have come to us recently who told us because they've worked with other companies I'm not going to name |
| 0:54.2 | any companies I don't I don't do that kind of stuff but where they told us that the |
| 1:00.0 | companies are telling them they have to buy a property at a higher than the |
| 1:05.2 | appraised value price. Can you imagine that? So let's say the property appraises |
| 1:09.4 | for 200,000. They're being told by these other quote unquote turnkey companies that they have to buy it for |
| 1:16.1 | 220, but that's just the fee to work with them basically. Yes, you're gonna it won't appraise for what you're buying it for. |
| 1:23.0 | Can you imagine? |
| 1:24.5 | Like here's a house, buy it for more than it's worth. |
| 1:27.7 | Like that's what people are being told. |
| 1:29.5 | Unbelievable. |
| 1:30.7 | Another company we heard from, I mean these again clients that we have who've told us these stories and I just wanted to share this with you because we just had a big team meeting and and a number of these clients have come to us recently that said yeah we've had to a house, we had to go in on the LLC with the company owner. |
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