991: Q&A: How Can You Use Multiple Contracts on One Property? - Episode 991
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 16 October 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
On this episode of Investing in Real Estate, I'm taking three of your great questions on using multiple contracts, how to buy real estate in the US as an international investor, and ideas for utilizing home equity if you have a bad credit score. Click play to hear my answers to your questions!
Transcript
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| 0:00.0 | Welcome everybody to the investing in real estate show on this show we answer |
| 0:09.1 | your real estate and tax and economy related questions and we tried to do it with a little bit of fun, a little |
| 0:15.2 | bit of humor and you're able to ask us a question here that we answer on the show by going to our |
| 0:19.3 | website go to Morris Invest.com that's M-O-R-R-I-S- Invest dot-com. |
| 0:25.3 | And there's a microphone icon on the right side of your screen. |
| 0:28.6 | Click that and you can leave us a 30-second voicemail question. |
| 0:32.1 | Just a little background on me, if you're not familiar. |
| 0:34.8 | I'm a long time real estate investor. |
| 0:37.0 | It's been a lot of years working the 9 to 5 job. |
| 0:39.8 | And while I was doing that, I was building up my financial education. |
| 0:43.6 | This is something you don't learn in high school. |
| 0:45.2 | You don't learn how to be financially educated when you're, |
| 0:47.7 | when you're, you know, in the United States. |
| 0:49.1 | They don't teach you that. |
| 0:50.4 | So it's something I had to learn on my own. |
| 0:51.8 | I went massively into debt after college, made a lot of mistakes. |
| 0:55.0 | Realized though that, wait a minute, if I started to own properties, if I own cash flowing properties, that could offset the amount of money that it would take for me to live every month and that's how I discovered what I call our freedom number |
| 1:08.1 | and how you know what is the freedom number that it would take for you to live financially free in your life. |
| 1:13.2 | We have a free download. |
| 1:14.2 | It's a totally free PDF called |
| 1:16.2 | our Financial Freedom Cheatsheet. |
| 1:17.6 | I'd encourage all of you to download it. |
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