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Investing in Real Estate with Clayton Morris | Investing for Beginners

They Lost Everything in the Stock Market, Now They Own Real Estate with Johnny and Jenny Situ - Episode 554

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.11.1K Ratings

🗓️ 28 November 2019

⏱️ 28 minutes

🧾️ Download transcript

Summary

On today's show, I'm joined by a husband and wife real estate investing team, Johnny and Jenny Situ. After immigrating from China to the US, the Situs built a rental portfolio of nine rental properties and launched their successful real estate app, DealCrunch!

You're going to hear Jonny and Jenny's story of how they lost everything in the stock market, then pivoted to real estate investing. We'll discuss the details of their first deal, plus the advantages of using DealCrunch. Don't miss this episode of Investing in Real Estate!

Book a call with our team: https://go.oncehub.com/morrisinvest

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome into the Investing in Real Estate Show everyone. I'm Clayton Morris longtime real estate

0:07.0

investor and this is the show where we help you build financial

0:12.8

intelligence so you can build financial freedom. We do it with buy and hold real estate.

0:18.3

God if you're watching the stock market in the past few weeks, holy smokes.

0:21.7

Aren't you glad you're a real estate investor?

0:25.0

I mean, just crazy what happens in the stock market. So welcome into the show and again

0:31.2

buy and hold real estate, we buy real estate estate we hold it for the rest of our lives that's the goal and

0:36.4

cash flows we get all the tax benefits of it and that's what we teach you to do here on this program

0:42.0

now we've got two great guests on the show today,

0:44.6

husband and wife team. They moved from China a number of years ago to the United States and

0:49.7

started investing in real estate just a few short years ago so they are not need they are not

0:54.4

deep in this process I mean they have not done thousands of deals they have a

0:58.1

handful of properties so I think you can relate to them at that level because they're

1:02.0

just getting started and as Johnny said to them at that level because they're just getting started.

1:04.0

And as Johnny said to me, is that, you know, I'm not financially free yet, but I'm on the way.

1:08.6

And so I think you can learn a lot from Johnny and Jenny sit to.

1:12.4

Not only are they real estate investors, but Johnny's a software

1:15.3

developer and said, you know what? I want to build something that can help people in the real estate

1:19.5

world. So, so guess what? He created an app called Deal Crunch, which is an iPhone app and an

1:26.1

Android app that you can download. You can play around with it for free. And then if you

1:31.2

stick around to the end of the episode,

1:33.0

I'm going to tell you how you're going to be able to save 10% off

...

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