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.
Key Takeaways: 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.
Mentioned In This Episode: JasonHartman.com |