Jason Hartman went on The Apartment Building Investing Podcast with Michael Blank to talk about what caused him to start investing in real estate nationwide, why it's important to diversify, how to be a good real estate investor, and some advice to any newbies out there.
Michael Blank is all about buying apartment buildings with other people's money, and has been doing so since he went to a Dave Lindahl boot camp in 2007.
Key Takeaways:
[3:11] What caused Jason to decide to invest nationally
[8:38] Jason tried to warn the California investors about the dangers of investing in cyclical markets when homes were seeing 24% appreciation per year
[10:05] Jason's response to the people who keep waiting for real estate prices to come down, and his thoughts on the Case-Shiller index
[13:15] The first thing you need to do if you're going to be a good real estate investor
[16:45] Jason's advice for someone getting started in real estate investing now
Website:
www.CommercialInvestingCenter.com
"Geography is less meaningful than it's ever been in human history"
Interview recorded 4/11/2017