The Truth About Flipping Houses as an Investing Strategy | Morris Invest

Flipping
đź“ž Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com

If you’re thinking about getting started in the real estate industry, chances are you’re considering a lot of options. One popular real estate strategy is flipping houses. Is flipping houses a good investment strategy? That’s the first question I’m answering on today’s Q&A video!

âť“Ask me a 30-second question at https://morrisinvest.com/clayton

đź“ş Watch Next: How to Create Your Personalized Path to Financial Freedom: https://bit.ly/392kAsB

🏠 What’s Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: https://morrisinvest.com/freedom

đź’µ Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: https://morrisinvest.com/bootcamp

🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: https://financialfreedomacademy.com

👨🏻‍💻 Sign Up for My Webinar: https://morrisinvest.com/webinar
—————–
My Opinion on Flipping Houses as an Investment Strategy
Flipping houses can be attractive, exciting, and lucrative if you do it correctly. However, flipping is not an investment strategy, it’s a job. If you think you can make a great profit from flipping and you know what you’re doing, it’s not a bad idea — it’s just not an investment. I would encourage you to use the profits from your flipping ventures to buy cash flowing rental properties that you can hold as an investment.

What to Consider About Offsetting a Large Tax Burden
I’m not an accountant, but there are plenty of ways to offset a tax burden. Depending on your situation, you may be able to buy additional real estate or do repairs and improvements on existing investments. Be sure that you’re working with a savvy accountant who is knowledgeable about real estate. I highly recommend scheduling an appointment with the team at Wealthability. https://morrisinvest.com/lower-taxes

Options for Getting Started Investing with $25k
At Morris Invest, a down payment on our rental properties start at around $50k. But we love helping investors find an investing plan that works for you. We offer a partnership plan and we’ve also partnered with a company called Connect Invest (https://morrisinvest.com/connect) that allows you to earn 7-9% on your cash through real estate short notes. I’d advise you to schedule a free call with my team so we can help you find
—————–
#morrisinvest #claytonmorris #investing

About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Redacted with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
LinkedIn – https://www.linkedin.com/company/morr…
Twitter – https://twitter.com/Morris__Invest
Facebook – https://www.facebook.com/MorrisInvest

—————–
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.

Products You May Like

Articles You May Like

Hudson Yards skyscraper Spiral lands private equity giant in major relocation deal
Average age of first-time homebuyers is 38, an all-time high. Here’s what that says about the real estate market
North Dakota voters reject dramatic plan to eliminate property taxes—as other states embrace caps
The Federal Reserve cuts interest rates by a quarter point after election. Here’s what that means for you
Should I pay off my mortgage in retirement? New book tackles big money questions

Leave a Reply

Your email address will not be published. Required fields are marked *