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Investing in Real Estate with Clayton Morris | Investing for Beginners

Your Home Is Not an Asset - Episode 574

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

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

4.11.1K Ratings

🗓️ 15 January 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

Contrary to popular belief, more often than not a primary residence is not a performing asset. On today’s show, we’re going to ask you to challenge your mindset when it comes to being a homeowner.

On this episode of Investing in Real Estate, Natali and I are sharing three key questions you can use to determine if your home is a performing asset. You’ll learn why the American Dream is a lie, how to truly build wealth, and how to get out from underneath the weight of your mortgage!

This episode is sponsored by Vistaprint! Vistaprint wants you to be able to “Own the Now” in any situation, which is why our listeners will get free shipping on all business cards, any style, any quantity. Just go to Vistaprint.com and enter promo code INVESTING for free shipping on all business cards, any style, any quantity. Limited time offer.

This episode is also sponsored by Fiverr! Thanks to Fiverr, finding the right freelancer doesn’t have to be a struggle. Fiverr’s marketplace helps you get more done with less. Fiverr connects businesses with freelancers who offer hundreds of digital services including graphic design, copywriting, web programming, film editing, and more. Take Five and check out FIVERR.com and you will receive 10% off your first order by using my code INVESTING.

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

Transcript

Click on a timestamp to play from that location

0:00.0

On today's show how to figure out if the home you live in is a performing asset, but it's probably not.

0:12.0

That's right, we're going to put your house to the test.

0:14.0

We're going to give you three questions to ask yourself to determine

0:17.0

if your house is actually a performing asset.

0:20.0

So when you're done with this video, you will know the answer.

0:23.4

You can look like the smart one at the cocktail party.

0:25.6

Hey everyone, I'm Clayton Morris.

0:27.0

I'm Natalie Morris.

0:28.0

We're longtime real estate investors and in 2017 we left our day jobs because of the passive income from investing in real estate.

0:36.8

Now our goal is to help you become financially free and create financial intelligence in your family.

0:43.0

So thank you so much for subscribing to our channel.

0:45.9

So on today's show, we are going to talk about the house you live in.

0:49.0

Now, most of the time, we would like to walk around and say,

0:51.8

the house you live in is absolutely not a performing asset

0:56.7

to which we get pitchforks thrown at us,

0:59.5

tomatoes thrown at us,

1:01.6

nasty tweets. Have ever gotten a pineapple thrown at us. Nasty tweets.

1:03.0

Have ever gotten a pineapple thrown at you?

1:05.0

That would hurt.

1:06.0

No, I have not.

1:07.0

But because the reason people get so defensive around this topic is because we've been lied to for generations, right?

1:16.2

It's the American dream.

...

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