963: Q&A: How Do I Get Money to Buy Real Estate? - Episode 963

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

🗓️ 10 July 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

What's the best way to get funding for your real estate portfolio? Specifically, after you've reached the 10-mortgage limit with traditional banks, what other avenues exist for funding? That's the first question I'm answering on today's Q&A!

On this episode of Investing in Real Estate, I'm answering three of your questions on how to get money for real estate, ways to invest a smaller amount of money, and how much you should save for reserves on a rental property. Click play to hear my answers to your best investing questions!

Transcript

Click on a timestamp to play from that location

0:00.0	Hi everyone this is James Harkin and Anna Tashinsky two writers of the TV show
0:05.2	QI and two-fourths of the hit podcast no such thing as a fish.
0:09.2	We'd like to let you know that we've written a book it It is called everything to play for. The most
0:14.4	interesting things there are to know about the world of sports. It's for you
0:18.2	whether you like sports or not. Did you know that legendary cricketer Gary Sobers scored his final century while drunk?
0:25.7	Or that games of lacrosse used to involve 100,000 players.
0:31.7	Learn that and so much more by getting everything to play for, the QI Book of Sports, available
0:36.2	in all bookshops I'm Clayton Morris.
0:48.6	Hope you had a wonderful holiday week. Welcome back to getting some work done and thinking about our
0:54.7	investing strategies. On this show we aim to make you a more intelligent real estate
0:58.4	investor, navigate these crazy times that we're in. At the end of the day I believe real estate investing
1:03.9	is the number one way to build wealth. If you look at the tax code there is
1:07.5	nothing better than investing in hard assets, something that's going to actually
1:12.1	produce monthly cash flow for you.
1:15.2	When you invest in a piece of real estate, especially if it's like a turnkey piece of real estate,
1:18.9	it should be cash flow positive from day one.
1:21.3	That should be the case, right? And you should be able to buy at
1:23.8	appraised or below appraised value when you're purchasing your property. You
1:27.7	should be able to use financing, keep more of your own money in your pocket. Use
1:31.8	the bank's money to build wealth. That's what we teach you to do here on the show. I should mention we do have a free PDF. It's totally free. It's about three pages. I would love for you to download it. It's our Financial Freedom cheat sheet.
1:43.0	It's the thing that changed my life, honestly,
1:45.0	when we figured this out, my wife and I figured this out,
	...

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.