Mon, 4 May 2015
Today's lesson is on having a strong philosophy when it comes to investing. Jason explains his ten commandments in front of a live audience. He talks about the importance of not being a sucker, having a strong reality check, remembering there's no such thing as easy money, and much more on today's show.
5:15 – Commandment number three, thou shalt maintain control. Be a direct investor.
11:04 – Do you save for a rainy day? How does that work in an inflationary environment?
20:00 – Gold, silver, and stocks are not even a contest compared to income property.
29:30 – Government spending creates inflation and real estate investors can profit from it.
35:40 – Avoid cheap properties because it attracts cheap tenants.
40:55 – Buy some properties first before you start thinking about registering complex LLCs.
44:10 – Have a long term plan of 5 years, 10 years.
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