📞 Ready to buy your first fully done for you rental property? Book a free call with us: [ Ссылка ]
Never buy a Cash Flow NEGATIVE investment property
❓Ask me a 30-second question at [ Ссылка ]
📺 Watch Next: How to Create Your Personalized Path to Financial Freedom: [ Ссылка ]
🏠 What's Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom: [ Ссылка ]
💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp: [ Ссылка ]
🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy: [ Ссылка ]
👨🏻💻 Sign Up for My Webinar: [ Ссылка ]
-----------------
Real estate is the number one way to build wealth. But if you don't know what you're doing, investing in real estate can be a quick way to lose money as well. In this video, I'm sharing the major risks of buying a cash flow negative rental property and what to consider when you're running the numbers on a rental property.
What Is a Cash Flow Negative Rental Property?
A cash flow negative rental property is an investment that generates less cash than it costs every month. For example, if your mortgage and other expenses cost more than the rent you receive from your tenant, your property would be classified as cash flow negative. I don't recommend buying investment properties this way. The bare minimum would be cash flowing $100 every month, but of course more is better.
The Dangers of Buying a Cash Flow Negative Property
1 - A cash flow negative property is a losing game. You'll never build wealth this way, and you'll be caught in a cycle of paying off debt.
2 - Buying a cash flow negative property is risky. If a situation arose in which you needed to sell your property, you'd likely have to do so at a loss.
3 - It's stressful. While certain aspects of investing can be stressful, it's likely that you became an investor to increase your financial freedom. A cash flow negative property is not going to help you reach your goals and will leave you stressed month after month trying to make ends meet.
#morrisinvest #claytonmorris #cashflow
-----------------
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- [ Ссылка ]
LinkedIn - [ Ссылка ]
Twitter - [ Ссылка ]
Facebook - [ Ссылка ]
-----------------
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.
