Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it’s the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. More so than ever, the home is the center of the universe. Pandemic investing means knowing about investment principles that work in hard times or easy times. If it makes sense the day you buy it, and the property is for essential living, you’re off to a good start.
Upcoming Events:
Tuesday’s Webinar: bit.ly/tue2pmet
Creating Wealth: 7 days per week
Key Takeaways:
[2:00] Casey Weade talks pandemic investing
[7:05] Crisis is an opportunity riding the dangerous wind
[10:00] Suburbia is uniquely American
[14:00] The remote world is becoming easier, and more friction-free
[16:00] When is the right time to start investing in real estate?
[24:30] The home is the center of the universe
[28:00] Travel will change, and rentals will follow
[31:30] Vacationing is optional, so in tougher times, short-term rentals may suffer
[35:00] A good RV ratio, 1%, is worth its weight
Websites:
1-800-HARTMAN
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
Tuesday’s Webinar: bit.ly/tue2pmet
Jason is interviewed by Sterling White of The Real Estate Experience Podcast. Jason shares his journey and wisdom from the first three chapters that motivated him in the direction of real estate. Learn about the successes and failures that made Jason who he is today.
Key Takeaways:
[3:21] The book that started it all for Jason, in three chapter: Nothing Down by Robert Allen
[6:20] You may have some bad experiences, it’s not perfect, but keep going, keep investing
[8:30] If our mindset is wrong, we’ll let the opportunity slip away
[11:20] We have to manage scarcity, mentality and ego
[15:00] Your job is to pay the bills, your real estate will make you rich
[16:00] What failure has set you up for success?
[19:45] Thou shalt not gamble, buy a property that makes sense the day that you buy it
[28:45] Dead is not bad in real estate, the mortgage is a huge asset
Websites: