982: The Real Estate Investor's Journey from Beginner to Expert - Episode 982
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 14 September 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
You're going to learn the exact steps you need to take to invest in real estate, including building your financial education, making connections, finding rental markets, and more. If you've ever wondered exactly how to make your investing goals a reality, this episode is for you!
Transcript
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| 0:00.0 | The real estate investing journey from beginner to expert. That's what we're going to talk about in today's video. I know it's overwhelming. you want to get started in real estate |
| 0:13.6 | investing but it seems like a difficult task a tall order but don't worry in |
| 0:17.7 | today's video I'm going to be talking about the real estate investing |
| 0:20.4 | journey covering everything from how to get started as a beginner to how to become an expert in this area. |
| 0:27.0 | So I am Clayton Morris, I'm the founder of Morris Invest, which is a full service rental real estate company. |
| 0:32.0 | I started this company a number of years ago |
| 0:33.9 | when I realized wow people need access to great properties that are not in their backyard |
| 0:39.5 | that could be fully managed by a great team that could produce monthly cash flow and allow you to |
| 0:44.2 | build a portfolio of properties and reach financial freedom. |
| 0:48.2 | That's what we do. |
| 0:49.2 | So the beginner's journey into real estate, if you're new, the first thing you need to do is learn as much as you can about the industry because this is really going to help you navigate what you want to accomplish. |
| 1:00.0 | When I first started I was listening to a lot of experts who were really into investing in residential real estate, single family homes and duplexes that didn't fall into the commercial space. |
| 1:11.0 | And so that's what attracted me. I grew up in a single family home. I knew the value and the benefit of living in a great house and having a great neighborhood and being in a great school district. That was very attractive to me. That's something that I understood. |
| 1:24.0 | I could never really understand and wrap my head around how the stock market worked. |
| 1:28.0 | Sure, I had a 401k at my company, but I didn't understand how my family's future could be tied to a company making decisions internally that I had nothing to do with. |
| 1:38.6 | For instance, if I was an investor in Coca-Cola and they suddenly launched a new advertising campaign that blew up in their |
| 1:44.0 | face and lost 30% of their sales. |
| 1:47.5 | I had nothing to do with that now my retirement is affected. |
| 1:50.7 | It just never made sense to me. And so real estate always made sense to me. It was a |
| 1:55.2 | tangible asset that I lived in and my family grew from there and had a great school and I was |
| 2:01.7 | able to go out into the world and have a great career. |
| 2:04.7 | So when I started my investing journey, I started reading everything I could. |
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