Building a Real Estate Investing Plan (Our Story: Part 4) Now that youve heard the biggest mistakes weve made as real estate investors, we want to share how we began to implement change and grow a successful portfolio. After we both experienced losing jobs, we knew that we needed to create passive income and build wealth for our family. In this video, Natali and I are explaining how we began successfully purchasing rental real estate. Well share the details of our first investments, and talk about our fears and hesitations at the time. Well also discuss how our balance sheet has drastically changed in just five years, and why single-family homes work so well in our business. You\'ll learn all the details of our first two rental properties. We\'ll discuss the inner workings of the balance sheet, and why this \"secret formula\" works so well. We\'ll also hint at what\'s coming in the next video. Don\'t miss part four of our story! Show notes: http://morrisinvest.com/episode265 Rich Dad Poor Dad by Robert Kiyosaki: https://goo.gl/9reAfk Clayton on Entrepreneur on Fire: https://goo.gl/pgVb5J BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6 VIDEOS ABOUT REAL ESTATE NEWS https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://www.youtube.com/c/MorrisInvest SUBSCRIBE TO THE iTUNES PODCAST: iTunes: https://goo.gl/tSfSM8 FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris 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.