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Frank asked me to tell the story of my friend in New Jersey who owns thousands of doors. In this video, I'm sharing how you can build a massive real estate portfolio... and also why you may not need to.
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How to Grow a Massive Real Estate Portfolio (and Why You May Not Need to)
My friend in New Jersey had a massive real estate portfolio. I met him when I was wholesaling; I would bring deals to him and he would pay me a finder’s fee. He used the BRRRR Method to build up his large portfolio, which means he renovated properties and placed tenants in them. Then he pulled out his equity to buy more properties. He had a well-oiled machine, including owning a property management company.
While this investor’s story is certainly attractive, I want to remind you that you don’t need thousands of doors to reach financial freedom. I believe that you can create the life you want by setting a goal that is tailored to your lifestyle and your finances. Download my free Freedom Cheat Sheet to determine how many rental properties you would need to achieve financial freedom.
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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 Morning Invest with his wife, Natali, bringing you news you won’t hear on major networks.
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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.
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