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:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

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