Should you pay off debt or invest in real estate? Can you have it both ways? That's what we're

going to tackle on today's show. Hey everyone I'm

Clayton Morris long-time real estate investor on this show our goal is to make you a

more intelligent real estate investor. Go ahead and smash that like button and

subscribe to the channel.

So deciding how to approach real estate investing when you have some debt on your hands

is not always simple and straightforward.

There are a few factors to consider and coming up with a solution

can vary from person to person. For instance, when I started out real estate investing I

had a lot of debt just to give you some insight into my thought process.

So this is a decision that you will have to make for yourself.

Again, I am not a financial advisor.

You need to decide among your own family members what you want to do.

But in this video, I'm here to help you weigh a few of your

options along this journey. Now the first thing you should do is to write down all of

your debts so that you have a clear picture of where you stand.

And then I want you to assess what kinds of debts you have,

as well as the interest rates for each of these debts.

Very important.

I had a very rudimentary spreadsheet that I made on a piece of paper and I sat it in my kitchen when I was

single and young and I had a lot of debt and I was trying to get a handle around all of my credit card

debt and everything. I wrote it all down, put it right there with the

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