Mon, 8 February 2021
Jason Hartman talks about the opportunities presented by the lurking crises. While some may have concerns about pending laws, people will vote with their feet - and end up in markets that investors might prefer. What can we make of Elon's latest Bitcoin move? Some are still throwing the dice at Bitcoin and similar crypto-currencies, but real estate proves to be a smarter investment. Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network. Key Takeaways: [1:30] Crisis is an opportunity riding the dangerous wind. [3:00 What did Elon do? [9:30] "At the end of the day, the most important vote is where people choose to live and how they choose to spend their money." -Jason [11:45] Let's talk about the central banks and the government printing press. [12:45] Elon Musk's $1.5 billion move to the decentralized, uncontrolled trust-less asset. [20:45] Be sure to check out Property Tracker and The Empowered Investor Inner Circle. Chad Hewitt [22:15] Owns a scaffolding business is quite similar to owning a short term rental company. [23:10] Triple net leases simply mean that all expenses pass through to the tenant. [24:30] Originally inspired by Rich Dad, Poor Dad. [28:00] Triple net vs. individual residential real estate. [32:20] Anyone with a decent paying job can get past the 16k barrier to entry. [36:00] Income property is the most tax-favored asset in America because you can depreciate it. [41:30] With a 1031-exchange, you don't need to do the recapture when you sell a home. [41:00] Because of the Green New Deal, the cost to develop your average apartment complex is going to go up. Websites: Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN |