Investor Interview with Jefferson Morris
Thursday, November 7, 2019
Investing is for all types of people, from many backgrounds and schools of thought. You may find similarities among other investors, or learn something new!
Herewith tips and insight, is Jefferson Morris, Investor & Entrepreneur
Q: Who was your first business mentor?
A: My father. He had such a strong business acumen, and was passionate about sharing his knowledge.
Q: Who was your first mentor in real estate?
A: My brother. He coached me through the process of buying my first house and has a wealth of knowledge in all things real estate.
Q: What is your favorite book?
A: I've always thought Jim Collins' 'Good To Great' is a fantastic read.
Q: What is the best lesson you have learned in real estate?
A: If a vendor/contractor cannot give you a price before work begins, find a new vendor/contractor.
Q: How many properties do you own?
Q: When did you start investing?
A: I began actively investing in 2005.
Q: Why do you Invest?
A: Not only is it good for the community, it can provide financial stability when done properly.
Q: What is the best advice you have received?
A: Make your contracts bulletproof. Be as specific as possible. Doing so will save a lot of headaches, confrontation, and money.
Q: Do you have a favorite podcast?
A: Stuff You Should Know or 99% Invisible
Q: Any hobbies?
A: I love all things outdoors: snow skiing, hiking, urban exploring, boating, biking, etc.
Q: What is the best advice you could give someone else?
A: When having any roof work, schedule the last draw to be paid after it rains, not after the work is complete.
Q: Is there a place for you where time slows down?
A: Any island in the tropics.
Q: If you were a member of a music group, it would be _________?
A: The Beach Boys.
Q: I was introduced to Auben ______.
A: In 2009 when I decided it was time to find a management company for my growing portfolio.
Q: If you weren't investing in real estate you would be_______.
A: doing what I am doing now, but missing out on some amazing opportunities.
Q: If you were to start over_______.
A: I would have better leveraged the myriad of tax benefits from investing in real estate.