Welcome Empowered Investors! Jason recently shared some intriguing data at his Empowered Investor Pro monthly meeting from the US Census Bureau. By the way, if you’re not a member already, what are you waiting for? It’s one of the cheapest and best investments you will ever make! The US gains a person every 26 seconds. We add a person to our overall population number when you average out births, deaths and immigration every 26 seconds. Those people will consume resources, help grow the economy and GDP and they will need a place to live. There is a massive pool of new renters coming into the market. Jason compared the demographic pyramids of some different countries – the US, China, India, etc., and the US has incredibly favorable demographics for rental housing and for purchase housing as well. As real estate investors, we’re interested in both sides of this market. We want more buyers out there in the marketplace to push our prices and our values up, but mostly we want more renters, because those renters increase rental prices, demand and put constant upward pressure on rents. And Jason has said it many times; whatever you think the rents are today, they are dramatically behind. They are lagging in price and he predicts that they are going much higher.
As much as Jason loves fixed rate loans, there is a time and place for adjustable rate loans and that was another topic for this month’s Empowered Investor Pro meeting. We’re moving into an adjustable rate market where these loans actually make more sense if you know how to use them. You need to know how to understand and evaluate, consider a lifetime cap, the periodic cap, the margin, the index, the fully indexed rate, etc. If none of that makes any sense, now is your chance to get clarity by joining Empowered Investor Pro!
Dig Your Recession Well Before You’re Thirsty
So, the million dollar question right now: what are you doing to prepare for a possible recession and transition in the economy? Jason wants to share with you a few prudent steps that he’s taking and recommends you take as well to prepare for this transition.
The first step is to look for ways to cut expenses. Look, if you’ve been living the highlife and just blowing money, it’s time to be more careful. That’s kind of obvious, right? Be more careful, be more prudent and spend money on the things that really bring you joy. Secondly, secure lines of credit. This is some of the best advice out there because if we move into an opportunity zone where assets go on sale – they might be stocks, bonds, real estate, you want to be in a position where you have credit available to you. One of the best sources that Jason can recommend for this is that you simply take advantage of his free funding workshop at JasonHartman.com/fund. Learn about how you can easily get $50,000 to $250,000 worth of credit, for real estate, for business, or for anything you want. For free. This is no interest credit for opportunities or emergencies that come along.
There’s a great saying (and great book title) from years ago from one of Jason’s prior guests, Harvey Mackay. He’s written a whole bunch of great books with really funny, unique titles, such as Swim with the Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt, but one of his books that Jason likes best is Dig Your Well Before You’re Thirsty. Dig your well before you’re thirsty. Powerful words and an important life lesson. You need to be thinking right now about what you need before you need it. Secure credit lines in advance of needing them. Check out the free class at JasonHartman.com/fund.
The next step in preparing for a recession is to set up entities to protect assets. This is one of those other things in life that you must do in advance. It’s very easy. It’s very cheap. But you must do it in advance. You cannot do this after the fact. Jason has another simple solution for this step! Check out this free class at JasonHartman.com/protect. You must take care of this stuff in advance: dig your well before you’re thirsty.
Step four: make educated investments. If you’re listening to The Creating Wealth Show, you probably have that figured out. If you’re new to the show, maybe you don’t have that figured out. So if you go to JasonHartman.com, on the front page of the website, there is a great 30 minute video on how to analyze a real estate deal. Jason wants you to know how to make prudent investments and this is the perfect place to start. The market is changing rapidly, but fortune favors the bold… and the prepared!
Ashley & The Jason Hartman Team
