Morris Invest

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- The United States government has avoided a complete financial disaster the past few years. Here are just a few of the tricks they keep up their sleeve: printing trillions of dollars, artificially lowering interest rates followed by rate hikes, and selling off bonds. But now, we’re seeing a breaking point via a commercial real estate crash. This is not speculation; it’s unfolding before our eyes. Federal Reserve Chair Jerome Powell warned, “there will be bank failures” at the Senate Banking Committee in early March. How did we get here? The pandemic marked an important change in the United States workplace. The work from home revolution changed everything in the once profitable office space. Americans are no longer commuting to and from office spaces. Moody’s Analytics found that 19.6% of office spaces were not leased in the fourth quarter of 2023, up from 18.8% in 2022. Commercial leases usually have a 5–10-year lifespan. Many of which, are coming due this year and into 2025. It’s estimated that nearly $1.5 trillion in commercial real estate loans is due for repayment by the end of next year. This combined with higher interest rates has put immense pressure on leaseholders. Now we’re seeing multiple businesses defaulting on their loans. Not only are the banks are failing. Cities too, are affected by commercial real estate and banks failing. The consequences will undoubtedly reach small local economies, and potentially even worldwide. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- s rates continue to drop below 7%, more and more homebuyers are trying to enter the market. And there’s nothing inherently wrong with buying a home to live in, but there is one thing a lot of homebuyers seem to overlook: a primary residence is not a performing asset. In general, when you make a large purchase, it’s either going to be an asset or a liability. A liability is something that you owe to someone else; it takes money out of your pocket every month. Let me give you some examples: your car loan, credit card debt, student loans. Assets, on the other hand, are things you own that have a cash value. Your savings account, your 401k, and your cars. But there’s another important sub-category you should consider: performing assets. A performing asset is a type of asset that produces cash flow you can use to finance your daily life. And whenever I talk about this, people get confused about where their home falls into this categorization. After all, most of us have been taught that buying a home is the pinnacle of success in the United States. And I’ll agree that a home can be a solid asset since it appreciates year after year… but it is still not a performing asset. In most cases, your home doesn’t produce cash flow for you. In fact, it probably takes money out of your pocket every month due to your mortgage, taxes, and repairs. So what if, instead of sinking your funds into a home, you could buy a performing asset, that helps build your net worth and provides you with a bit of monthly cash flow? ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- We’ve known for years that the national debt is out of control. But this issue is worse than most people even realize. Right now, the national debt totals over $34 trillion… and counting. A lot of Americans don’t think national debt is a big deal. After all, we’ve been chugging along for decades with mounting debt. And some people make the argument, “who owns the national debt anyway? Don’t we technically owe it to ourselves?” So in this video, we're going to unpack what the national debt is, who it is owed to, and so much more. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- A post-pandemic study in the International Journal of Environmental Research and Public Health found that more than three-quarters of working age Americans have experienced inflation-related stress. And despite lowering rates of inflation in recent months, the stress level continues to rise… Worrying about money is nothing new, but we know that finances are a key social determinant of our health. With the cost of living rising, retirement plans producing lackluster results, and credit card debt figures through the roof, it’s no wonder that people across the country are stressed about their finances. A poll by Gallup found that 45% of Americans rate the economy as poor, and 63% say that high prices are causing moderate or severe financial hardships in their lives. These elevated prices are the new normal in today’s economy. The cost of many goods, including groceries, skyrocketed during the pandemic, but they haven’t gone down. In fact, companies are continuing to raise their prices and expanding their profits on a regular basis. Companies have seen the consumer is expecting prices to rise, so they know they can get away with charging whatever they’d like. Heard of shrinkflation or greedflation? Plus, some experts warn that we will see inflation surge once again. With that in mind, it’s important to remember that we cannot allow these external factors to dictate our quality of life. The Fed is playing a balancing act, trying to reduce inflation without triggering a recession… We’re in a really interesting spot when it comes to interest rates and inflation, and I’m not sure there’s a clear way out. As I’ve been saying here on this channel, there’s never been a more important time to get your finances in order, pay down expensive debt, and start building sustainable streams of income. Instead of feeling uneasy and anxious about all of these factors that we cannot control, I hope the resources on this channel can help you feel empowered about your ability to create your financial future. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- The first thing you have to do is know where you’re starting from. Start with a basic balance sheet, or even just list out your debts, including balances and interest rates. You know, a lot of people online are going to tell you to change your spending habits or to allocate your money better… and maybe you can! That’s up to you to decide. But if you’re among the Americans who are barely getting by, and putting groceries on your credit card, chances are it’s not a behavioral problem; it’s a money problem. In my opinion, you have to start bringing in more income if you really want to tackle this debt problem. And this is where your creativity is going to have to come in. How can you make more money? Can you drive for Uber? Can you sell some electronics, clothes, or gear around your house? Can you start a side hustle? Mow your neighbors’ lawn? Can you tutor local students? There are so many ways to make a couple hundred extra bucks, and that money can help you make progress on paying down your debt. And in the age of the internet, it’s easier than ever to find opportunities and build multiple streams of income. And let’s be honest: if you want to survive, let alone thrive in today’s economy, you’re going to have to build more streams of income to help you get there. The next step in this process is all about consolidating and restructuring your debts. The goal here is to pay the least amount of interest as you can. Many credit card companies will offer balance transfers for a low introductory interest rate. Again, this takes a level of creativity, but if you want to put this credit card debt behind you, you’re going to have to figure out how to get the best price for your money. Another idea is to consolidate your credit cards into one personal loan. A personal loan often has a lower interest rate, and depending on how many credit cards you have, it might be helpful at reducing your monthly payments. Another thing you can try is calling your credit card servicer and simply asking them for a lower rate. So now that you know what your debts are and you’ve restructured things as much as you can, it’s time to consider how to prioritize your debts, by interest rate. You’re going to take all of those debts you listed out in step one, and sort them from highest interest rate to lowest. Now you’re going to make the credit card with the highest interest rate your number one enemy. The timeline here depends on how much debt you have and how much extra money you’re able to throw at it. The idea is that when your laser focused on getting rid of these high interest rate payments, you’re knocking down the principal balance on your card, and therefore paying less in interest every month. And from there, you just keep going. Once you’ve paid off the highest interest card, move onto the next, and keep paying those cards down. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- Recent reports on the inflation and labor market all seem to sing the praises of a healthy economy. According to President Biden, the economy has never been better. In fact, he claims the economy is so good, he put his name on it. The White House claims that “Bidenomics” is working and the economy is being built out from “the middle out and the bottom up.” But most Americans are still feeling a lack of confidence about current and future economic conditions. In fact, a recent poll by Gallup found that 45% of Americans rate the economy as poor, and 63% say that high prices are causing moderate or severe financial hardships. There’s a massive mismatch between messaging from the Biden administration and the reality for most Americans. So why the disconnect? If we’re seeing data showing a healthy labor market, cooling inflation, and steadying interest rates, why aren’t Americans feeling the benefits? That's what we're going to explore in this video. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- How to Get Your Spouse on Board with Investing If you have a partner who is hesitant about investing, there are two main things to consider. First, historically real estate has proven the test of time for thousands of years! Both real estate and precious metals have remained a solid store of value throughout wars, economic cycles, government collapses, and currency declines. Personally, I don't believe there's a better way to protect your wealth. The other thing you should consider is that if you're buying real estate correctly, you are working with a bank that is doing its own appraisal and verifying the merit of the investment. This can be comforting because at the end of the day, you're only putting down the down payment, and the tenant is paying down the mortgage every month. How to Invest $80k I can't give you financial advice, but if I had $80k, I would likely be looking to put two down payments on rental properties. Another option to consider is short-term real estate notes through Connect Invest, where you can earn 7.5-9% on as little as $500. https://morrisinvest.com/connect What Financing Options to Pursue After Hitting the 10-Mortgage Limit There are a few creative options available to investors who have reached the 10-mortgage limit, including hard money loans and portfolio loans. My personal favorite, though, is non-recourse loans. A non-recourse loan is a business loan that is based on the merit of the asset. You can see my full video on non-recourse loans here. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- Bank failures have become the norm. With multiple US regional banks failing last year, and more on the horizon, it’s important to understand how this happened – and how to protect yourself from more impending bank collapses in 2024 and beyond. Rightfully so, more and more people are scared to keep large amounts of money in the traditional bank system. I mean, their track record isn’t great lately… Not to mention, for the most part, their rates kind of suck. There’s very little incentive for people to keep large amounts in the bank. In early 2023, FDIC’s quarterly report showed that US banks had their biggest decline in deposits ever, since they started reporting in the mid 80s. As you know, banks rely on deposits to keep their businesses afloat, so this is a big issue. Because when banks don’t have deposits rolling in, they have very few options for funding, including a heavy reliance on the Federal Reserve Banks. We’re still seeing this deposit issue, and banks are already especially vulnerable in this environment because of continued high rates and commercial loan losses. People are not going back to their cubicles, so there’s no need for most of these office spaces across the country. And unfortunately, a lot of the smaller banks are the ones feeling the pressure. Many will go under this year – and I wouldn’t be surprised if it’s worse than what we saw in 2023. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- The Safest Places to Hold Your Money in 2024 There are two main stores of wealth that have been proven for 100s of years: precious metals and real estate. I can’t tell you where to put your money, but for me personally, I prefer to have my wealth in assets like these, that are not inherently tied to the value and performance of the US dollar. How to Use Your Property as Collateral in an Emergency If you own your asset outright, or have a decent amount of equity, you should be able to use it as collateral. However, if it’s in a retirement account, it’s very likely that you will not be able to touch it without a serious tax penalty. What Investors Need to Know About Accreditation To invest with Debt Free Doctor, you need to be an accredited investor. Certain criteria must be met, so this option is best for high income earners. If you’re not accredited or would simply like to invest less money, check out real estate notes at Connect Invest. https://morrisinvest.com/connect ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com How to Pay Off Your Mortgage in 5 Years: https://amzn.to/2OrjTSD ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- Why would you want to pay down your mortgage early? Well, there are a number of benefits. Mainly, when you pay down your loan early, you save a boatload of money that you would be paying in interest. Plus, paying down your mortgage allows you to reduce your overall expenses, build your equity, lower your debt load, and free up funds to use for other purposes. Whether you want to use that money to invest, or you simply want to have less debt, paying off your mortgage can afford you more options in your life. In this video, we're going to explore a few different mortgage payoff strategies to consider, plus some things you should consider before you set this goal. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- Many people have an idealized vision of retirement – just like you see on the commercials. You’ve been sold a lie of the American Dream, the 401k, and a cushy retirement by the beach. But this is not the reality of what retirement looks like for most Americans. The most recent census showed that over half of older Americans are living on incomes of $30,000 or less a year. If you want to retire comfortably, you’re going to have to go against the grain. There are two main things you need to know about building a strong retirement: ‌ 1. Alternative accounts can help you reach your goals faster. Did you know there’s an entire world of alternative retirement accounts out there? You have so many more options beyond the 401k and traditional IRA. Accounts like the self-directed IRA or solo 401k give you more control, more freedom, and if you do it right – better returns. Some of these account types even allow you to buy performing assets like real estate inside your retirement account, and those funds grow tax free. If this is something you’re interested in, my team would be happy to answer any questions you might have and see if it’s a fit for you. Just go to https://morrisinvest.com and set up a free 30-minute call. No strings attached. 2. Saving for retirement is impossible. What? I know – this is so countercultural to everything you’ve ever been told about retirement. But hear me when I say this: you cannot save your way to retirement, nor can you save your way to wealth. If the traditional path to retirement worked, don’t you think the outcomes would be better than $112,000 in a 401k or incomes less than $30,000 a year? This system does not work. Saving for retirement does not work. If you want to do better than this, you’re going to have to start building streams of income that can support your lifestyle. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ⭐️ Get the free report: https://morrisinvest.com/gold ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- How to Replace Your Income with Performing Assets I think having a high net worth is great, but it’s equally important to have performing assets that can produce cash flow to cover your expenses. If you have a portfolio of assets, I would be looking for ways to turn those assets into performing assets. A good place to start is by calculating your Freedom Number with my free cheat sheet. https://morrisinvest.com/freedom My Experience Buying Properties with Tax Liens I’ve had success purchasing properties with tax liens earlier in my investing career. Admittedly, it’s not something I’ve done recently. I can recall having to be at the courthouse on the exact date with a specific payment type at the ready. If this is something you’re ready to get started doing, I’d recommend going to your local real estate meetup and talk to investors who are actively using this strategy. Resources for Finding Real Estate Savvy CPAs and Attorneys For taxes, check out Tom Wheelwright’s network through WealthAbility (https://morrisinvest.com/taxes) — he has trained CPAs across the country. For attorneys, I recommend the team at Corporate Direct (https://morrisinvest.com/llc). ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- As commercial real estate loans come due this year and into next, small regional banks are expected to face major turbulence. Office and retail spaces have faced high vacancy rates in the past few years, as work-from-home culture took over. This shift has changed the game in the office space industry, leaving many buildings vacant. This combined with continued high interest rates is creating a pinch for lenders and leaseholders. Most leaseholders have no interest in refinancing. At this point, many commercial properties are valued at lower than the debt – and with the way rates have increased over the past few years, it just doesn’t make sense to refinance into a higher interest rate loan. You see, commercial real estate runs on debt.. but when the debt doesn’t fit the deal, someone has to take a loss. And in commercial real estate, especially high rise office spaces, the losses are enormous. Even big-name companies like Blackrock have defaulted on their commercial loans… Despite any efforts made by regulators to ensure stability and faith in the banking sector, there’s still a lot of risk. As I’ve been saying here on this show, there’s never been a more important time to get your financial house in order. Now is the time to pay down consumer debt, diversify your money, and make sure you’re invested in tangible performing assets. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- It’s happening right before our eyes; America is becoming a renter nation. Gone are the days of the American Dream with the white picket fence. Buying a house has become out of reach for many Americans. The average 30-year mortgage reached a record high for 2024, at over seven percent, according to Freddie Mac (screenshot). As you know, these mortgage rates have put a massive damper on the homebuying market. As rates make mortgage costs more expensive, more and more Americans are finding homeownership out of reach. On top of this, homeowners who are locked into record low mortgage rates are hesitant to sell. It’s understandable why these people are holding onto their properties – why swap a 3% rate for 7%? It’s been estimated that more than 90% of American homeowners are locked into rates below 6%.. The math just doesn’t make sense for most homeowners. In fact, a Redfin survey reported that nearly 2 in 5 homeowners don’t believe they’d be able to buy their home in today’s housing environment. There has been a supply issue in the housing market for years now, but because of the way interest rates have influenced homebuying trends, the demand for rental properties has increased nationwide. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- it just keeps getting worse and worse… for months now, we’ve been talking on this channel about the state of consumer debt in the United States. We’ve reported on record high credit card balances, an all-time high in delinquencies, and how Americans’ credit scores have fallen for the first time in a decade. As always, the mainstream media is putting a positive spin on this – saying the economy is strong, or that these trends aren’t severe enough to signal financial distress… But more and more data are affirming the truth. We don’t need to pretend this story has a happy ending or come up with a narrative that makes people feel better about their mountains of debt. This credit situation is destroying Americans. So don’t be surprised when you hear that new data from the Federal Reserve showed that the growth of credit card debt actually slowed in the first quarter. It sounds like good news, and it will probably be regarded as such in the echo chamber that is the mainstream news. The truth is that while growth did slow, Americans still added over $6 billion to their liabilities column in Q1, in the form of consumer debt. It shouldn’t be surprising to anyone that credit card growth is finally slowing down a bit, especially since the average APR for commercial credit cards hit a new record high of over 21%. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- How to Decide Which State to Set Up Your LLC In I’m not a lawyer, so I recommend reaching out to one to get personalized advice. I highly recommend the team at Corporate Direct. https://morrisinvest.com/llc I can tell you what we’ve always done. We set up our LLCs in the states where our properties are located. Our Texas properties are in a Texas LLC, our Missouri properties in a Missouri LLC, and so on.. Then those LLCs report up to a holding company in Wyoming. Again, please be sure to get personalized counsel from a lawyer. The Best Way to Find a Real Estate Savvy CPA The best in the business is Tom Wheelwright’s team at Wealthability. But if you’re unable to work with Wealthability or just want someone local, Tom has an entire network of trained CPAs who are trained in real estate, wealth building, and tax savings strategies. Check out their website and schedule a free call at https://morrisinvest.com/taxes My Thoughts on Timing the Market I don’t believe in trying to time the market. Time in the market is what’s going to help you reach your real estate goals. I would recommend taking a good look at your portfolio to make sure that you’re getting solid returns. If so, you may want to entertain tapping into your equity to continue buying rental properties. Connect Invest: https://morrisinvest.com/connect Dan Kraus at Churchill Mortgage: https://www.churchillmortgage.com/loan-officers/dan-kraus ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- The US dollar as we know it, is about to change forever. In a recent video, I unpacked all of the ways the US dollar is losing its strength and dominance as the world’s principal reserve currency. If you haven’t seen that video, check out this card right here. But what I didn’t quite go into in that video is how all of this is brewing and culminating, making way for the introduction of a Central Bank Digital Currency. So today, we’re going to talk about the future of digital currency and why it poses a significant threat to the US dollar. CBDC is being promoted as an alternative to replace the American monetary system, which has been in place since the 1700s. Proponents of a digital currency argue that the advantages would include streamlined payment systems and more secure payments… but there’s a lot more that goes into it than that. In reality, the use of CBDCs would pose substantial risks to the American people who are used to a traditional currency system that offers privacy and independence. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- A 2024 research report published by the Employee Benefit Research Institute found that resuming student loan payments has had a direct impact on how much money Americans are able to contribute to their 401ks, which of course puts a massive damper on account balances over time. On top of that, more and more people are taking hardship loans from their plans.. Vanguard reported in 2022, a record-high number of workers had to tap into their accounts. The report said that 80% of withdrawals initiated by lower-income participants were used to avoid losing their home, to repair their home, or to pay for medical expenses. One third of Vanguard participants who took a hardship loan from their retirement plan had also done so the year prior. The 401k cannot sustain any more pressure. We already know that the average balance of the 401k is only about $112,000. These plans get slowly eaten up by high fees, taxes, and inflation over time. And sadly, this is the primary retirement vehicle most people have in place. No matter where you look, it’s clear that Americans are struggling. Between inflation, credit card debt, and resuming student loan payments, people can barely pay for their day-to-day expenses, let alone save for retirement. This idea of basing your entire future on this one retirement plan is fundamentally flawed. But no one is telling you this. In fact, when troubling data like this is released, companies and Wall Street tend to double down. They blame the 401k’s decline on the consumer but forget to mention all of the fees and taxes that play a role in shriveling balances. I’m telling you, it’s all a lie. According to Business Wire, only 157,000 people have balances of over $1M in their 401k. That is nothing, when you consider how many people are actually contributing to the 401k. And if I had to guess, I’d say that those 401k millionaires just so happen to be CEOs. The 401k is not designed to make the average American wealthy; it’s just not. But, it’s not all doom and gloom. Everything you need to know about empowering yourself, building out a comfortable retirement plan, and building a financial education that helps you reach your goals is right here on this channel – for free. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- The Affordable Housing Crisis Is Out of Control Half of US homeowners and renters reported regularly struggling to make their housing payments, according to a recent Redfin survey. 22% of participants skipped meals just to afford housing, 17.9% resorted to borrowing money from friends and family, while 15.6% of people delayed or skipped medical treatments. The cost of living over the past couple years is hurting Americans, and housing is a big factor in this equation. The cost of getting a mortgage has skyrocketed, with rates being higher over the past year. And in some markets, rental rates are even worse. Estimates vary depending on the source, but millions of housing units are needed across the United States. Low inventory combined with high interest rates have created an absolute disaster. This problem has been years, if not decades, in the making. We know that homeowners who purchased or refinanced their homes during the pandemic era are locked into historical low interest rates, with little motivation to sell. It’s predicted that more than 90% of American homeowners are locked into rates below 6%. And for those hoping to buy a home, interest rates are putting a massive damper on purchasing power. Builders have never fully recovered since getting burned during the Great Recession. Plus, it costs more to build today. From increased pricing of lumber, labor, and interest rates, it’s risky for builders to push out a substantial amount of inventory. We know that the problems with higher interest rates are a short-term hurdle, but the lack of inventory has been brewing for years now. This can’t be fixed overnight. There’s not a clear-cut solution to solving the affordable housing crisis. Smart real estate investors find a way to profit despite what’s going on in the market – and we know that the affordable housing crisis is an opportunity to contribute housing to those who need a place to rent until buying becomes more likely. Because there are more people looking to rent, there’s a potential for long-term, stable income. But if you want to make a smart investment, that starts with buying right. In the midst of an affordable housing crisis—with high interest rates and low supply, it can be hard to find a property that checks all of your boxes. Our new construction properties at Morris Invest can help you reach your goals. Because we buy and build in bulk, we’re able to pass down savings to our investors. And our properties are located in the best growth markets in the US. If you’re interested in learning more, head over to https://morrisinvest.com to schedule a free 30-minute call with my team. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- A new report from the CDC and the National Center for Health Statistics showed that in 2023, the US birth rate dropped to the lowest in over a century. We’ve seen this number fluctuate over the last several years due to the pandemic. First, there was a sharp decrease in the birth rate in 2020 as uncertainty loomed— followed of course, by a rebound. But a 3% drop from 2022 to 2023 brought the birth rate under the previous low from 2020. The data showed that the birth rate dropped across nearly all age groups. All of this has massive implications on our economy. It means the government and the Fed must keep spending to oblivion and implement rate cuts to counterbalance this demographic cliff. People aren’t having children; it’s too hard to survive in this economy, let alone add more mouths to feed to your family. America cannot afford a recession. Americans are barely keeping their heads above water. As we’ve covered here on the show, people are drowning in credit card debt, defaulting on loans, cannot afford to buy homes – and now, cannot afford to have children. These economic hardships are impacting people’s lives on every single level. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- What to Look for in a Fairly Priced Rental Property As always, my advice is to never buy a property above the appraised value. Doing so gives you less equity from the get go, and is going to leave you with a higher monthly mortgage payment. When buying a rental property, always be sure to get an independent, third-party appraisal to ensure you're paying a fair price. What to Consider About Buying a Second Property If you're considering buying a second home, like a vacation home, my advice is to be wary! I've had bad experiences doing this, and there's often a lot more that goes into it than you might expect. But if you're planning on buying a rental property, then yes, it's a good move! As long as you run the numbers and make sure you can get a solid return, investing in real estate is a great way to set your family up for success. I'd recommend reading my book, How to Pay Off Your Mortgage in 5 Years, so you can figure out the best way to minimize your mortgage payments. How Morris Invest Compares to Other Real Estate Companies Our model is unique because our build to rent properties offer great returns, interest rate buy downs, and an entirely passive experience. Plus, we work with third party lenders and third party property management companies in order to give our clients plenty of resources. When you work with us, you own the property 100%, yet our customer service is available to you forever. If you have questions, we're happy to walk you through our process, just book a call at https://morrisinvest.com. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- Your credit score can influence your ability to qualify for a mortgage, a car loan, a place to rent, and it can even dictate the rate you pay for insurance. So while your credit score isn’t the most important thing in the world, but that doesn’t mean you should disregard it entirely. There is a huge lack of education that is undermining what’s happening with credit scores. Americans are generally uneducated about credit cards and credit scores, unfortunately. And the entire credit card system is working exactly as planned. Credit card companies prey on young and low-income demographics. I mean, go to any college campus during their welcome week, and you’ll be sure to find tables with bankers just waiting to sink their hooks into the next new student – who, of course, has little to no financial education. Most Americans don’t understand how a credit card actually works, let alone an APR. They don’t understand how minimum payments and interest rates work together to keep you locked into the credit card game. A 2023 survey by Clever found that 28% of card users don’t even know what their credit card’s interest rate is… This is troubling. And if the credit card companies they can get you as a customer early on, like my college campus example, the deeper in the hole they hope you’ll get. These companies are betting that you’ll only make the minimum payment, while they collect exorbitant amounts of interest, month-after-month, year-after-year. The average credit card APR, or annual percentage rate, is hovering around 21%. Certain store credit cards have even been charging record interest rates of 33%. Sure, credit cards need to make money, but 33% is just predatory, and you won’t be able to convince me otherwise. Now listen, credit cards are not inherently evil. I’m not saying you should cut up your credit cards and never use them again. Credit cards are a financial tool, and if you know how to use them wisely, then you’re good to go! But sadly, most Americans do not – and that’s exactly what we’re seeing in the data. And again, the credit score isn’t the end-all, be-all when it comes to your finances. Generally speaking, I’m not a big fan of the credit score as a whole. I’ve seen it disempower a lot of people. They’ve got this one number in their mind that’s ruining their lives and stopping them from pursuing their goals… The credit score leaves people feeling powerless over their finances. But if you’re in a tight spot, missing payments, and being consumed by these predatory high interest rates, I know that’s a tough place to be in… I’ve been there too. It can take years to dig yourself out of that hole… and the mental drain can really get you down. If you’re struggling with credit card debt and a low credit score, you’ve got to take the time to get financially educated on these topics. Most Americans have very little understanding of what components make up their credit score, or how credit card interest rates work. I have other videos on how to improve your credit score, and how to get out of credit card debt, so be sure to find the links to those videos in the description box below if you need help in that area. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- How Distributions Are Taxed in a Self-Directed IRA Distributions on any retirement account are going to be taxed depending on how your account is set up. Personally, I prefer a Roth account, that way my funds can grow tax-free. My personal intent is to be wealthier at retirement, so I’d rather pay taxes upfront than at retirement. I highly suggest checking out the interview I just did with Mat Sorensen and Hayley Neeley, where we discussed self-directed accounts in depth. https://www.youtube.com/watch?v=d1Bmb27AIl8 Ideas for Paying Down a Variable-Rate HELOC Faster Paying down a variable-rate HELOC shouldn’t be much different than paying down any other loan. You’ll want to make big payments toward your principal balance, so that the interest is less. If you’re really struggling with this debt, I’d suggest seeing if there’s a way you can restructure it. Reach out to Dan Kraus at Churchill Mortgage to see if there are any products that can help you reach your goals faster. https://www.churchillmortgage.com/loan-officers/dan-kraus What’s Behind the US’ National Debt There are two main components to national debt: intragovernmental, which is held by the Federal Reserve, and public debt, which is owned by private investors, institutions, US savings bonds, and other foreign governments. Much of our public debt is held by China. We borrow from China to build up military strength… against China, which doesn’t make much sense. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- According to data from the Federal Reserve Bank of New York, credit card delinquencies reached 8.5% in the fourth quarter of 2023 – that’s up from 5.87% in 2022, and 4.1% in 2021. So essentially, within a span of two years, credit card delinquencies have more than doubled. All stages of credit card delinquency, including 30, 60, and 90 days, saw a sharp rise at the end of the year. This is out of control. We’re hearing again and again from the current administration the US economy is healthy – yet so many Americans are relying on credit cards, carrying expensive debt that they are ultimately unable to pay back. The total amount of credit card debt in the US has surpassed $1.13 trillion, which on its own is troubling, but the state of delinquencies shows the true financial ruin we’re seeing unfold across the country. Delinquency rates also rose in auto loans and mortgages. It’s clear there’s a widespread state of financial stress that is plaguing Americans. Delinquencies especially can have a harmful impact on the lives of Americans. A delinquency on your credit report will obviously impact your ability to obtain future loans… But even landlords and insurance companies are going to gauge your trustworthiness based on what’s on your credit report, and a delinquency is one of the biggest red flags you can have. The implications can range from being denied a place to live, to needing a co-signer to get a loan, and oftentimes paying higher prices for everything. And this type of negative ding on your credit report will follow you around for seven years! There are a lot of factors at play when it comes down to these glaring problems with credit card debt. Many economists point to interest rates, inflation, and an increased cause of living. We also know that many consumers are relying on credit cards to supplement their income, and a large portion of the population is simply overspending. we can assume that most credit holders are not going to see relief anytime soon from their lenders. Rate cuts are likely not coming until later this year… and credit card rates are always much higher than the Fed’s benchmark rates anyway… But aside from those major contributing factors, there’s something that’s widely overlooked. A lot of the problems we’re seeing in this country surrounding debt are caused in part by a widespread lack of financial education. Most Americans don’t understand how a credit card’s APR works. They don’t understand how minimum payments and interest rates work in tandem to keep you in the debt trap. A 2023 survey by Clever found that 28% of card users don’t even know what their credit card’s interest rate is… And financial education is the only cure. We have no control over interest rates, inflation, and the price of goods. The only thing borrowers can do is empower themselves and become armed with the information that will allow them to get out of this vicious cycle of mounting credit card debt. ----------------- 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.

📞 Ready to buy your first fully done for you rental property? Book a free call with us: https://morrisinvest.com Download the free report: https://morrisinvest.com/putin ❓Ask me a 30-second question at https://morrisinvest.com/clayton 📺 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 💵 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 ----------------- How to Diversify Into Real Estate Investing For beginner investors or anyone who wants to be as hands-off as possible, I truly believe that there’s no better way to invest in real estate than with our team. Our full-service approach to investing holds your hand through everything from financing to hiring property management. Our build-to-rent properties offer a minimum IRR of 18%, amazing tax benefits, and so much more. You can schedule a free call with my team at https://morrisinvest.com. The Finer Details of Using a 1031 Exchange A 1031 exchange is a tax-deferral tool that real estate investors can use to build wealth, save on taxes, and expand their portfolio. Essentially, a 1031 allows you to sell a real estate property and then reinvest the funds in another property without paying capital gains taxes. All properties in a 1031 exchange must be used for business or investment purposes, so renting out your property is a great idea. My Experience with Nightmare Tenants Sadly, dealing with bad tenants is part of the business! I’ve had my fair share of horror stories, which you can hear in this video: https://www.youtube.com/watch?v=gAEFyjUqqr0 No matter how much you screen tenants or invest in the right neighborhoods, sometimes bad tenants happen. My perspective is that it’s just part of doing business and fortunately, the good tenants outweigh the bad. ----------------- 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.