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Blue States vs Red States for Real Estate Investing | Morris Invest
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 ----------------- What is a landlord-friendly state, and why does it matter? As you know, in the US, different states can have different laws on everything, and this includes the rights of landlords and tenants. These regulations are extremely localized, which is why understanding the laws before you invest is instrumental to your success. A landlord-friendly state has legislation that favors the real estate investor. We’ll talk about a few of these key factors in a minute, but for now, just know that a landlord friendly state gives the investor more control over how they manage their real estate business. There’s not one defining feature or metric that makes a state landlord friendly or not, and that’s why market research matters. If you fail to do this, it can ruin your experience as a landlord and turn you off to reaching your goals through real estate investing. And while there’s not a database or definitive checklist on what makes a state landlord friendly, a good place to start is by assessing red states vs. blue states. More often than not, a red state is going to have more landlord-friendly legislation, and less tolerance for tenants who don’t pay or try to play the system. ----------------- 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.384 views
