Jason Hartman welcomes Naresh to the show to answer some frequently asked investor questions. They start by talking about Naresh’s first-hand account of the technical capacity of India’s countryside and foreign money coming to the US because it is an “island of tranquility compared to other parts of the world.” Then, Jason answers questions about closing costs, using points to buy down your interest rate, and which types of legal entities are available to new income property investors.
Announcer 0:00
This show is produced by the Hartman media company. For more information and links to all our great podcasts, visit Hartman media.com.
Announcer 0:13
Welcome to the creating wealth show with Jason Hartman. You’re about to learn a new slant on investing some exciting techniques and fresh new approaches to the world’s most historically proven asset class that will enable you to create more wealth and freedom than you ever thought possible. Jason is a genuine self made multi millionaire who’s actually been there and done it. He’s a successful investor, lender, developer and entrepreneur who’s owned properties in 11 states had hundreds of tenants and been involved in thousands of real estate transactions. This program will help you follow in Jason’s footsteps on the road to your financial independence day. You really can do it on now. here’s your host, Jason Hartman with the complete solution. For real estate investors,
Jason Hartman 1:03
Welcome listeners from 164 countries worldwide. Thank you so much for joining me. I’m your host, Jason Hartman. And today we are going to talk about a variety of things. We’re not even going to say that this is an intro for another guest. Because we always go so long when we do that, when we just chit chat, even when it’s just the three of us, me, myself and I even even then we go too long. So, today we’ve gotten a rash with me. And of course, no rush has been on the show. If you attended our Orlando property tour a few months back, you probably met him in person, and we are going to talk about some geopolitical stuff. We’re going to talk about some frequently asked investor questions. And I don’t know when we’re going to talk about waiting to have kids. Well, I don’t even think nourish knows I’m going to talk about that. But I saw an interesting art. We talked a lot about demographics on this show. And we talked about the graying of America and really the graying of the world, and how that impacts real estate investors. We talked about Gen X, Gen Y, the baby boomers, the matures, as they’re called. That’s sort of a hard word to say, isn’t it? We’ll dive into some some stuff that hopefully you will find interesting today in the place known as the island of tranquility, compared to other parts of the world that is the United States, a very special market in which to invest in real estate nourish, welcome. How are you? I’m doing
Naresh 2:36
Great, Jason. It’s been a couple of months. So it’s good to be back. It has and
Jason Hartman 2:40
you just returned from India where I saw a monkey following around. This monkey was literally putting its hands in your pocket, like the pickpocket known as inflation. You see how I make a monetary comparison trying to get a bag of chips on a bridge in India right
Naresh 3:01
yep I was in the the land of Rishikesh India. I don’t know if you’re familiar with that. But the The Beatles and I think we are in order DiCaprio. A lot of a lot of people hang out there to do meditation and yoga so
Jason Hartman 3:13
I will Oh, you mean Leonardo DiCaprio? That left wing hypocrite. Oh yeah, that it’s a jackass who thinks that the absolute jackass who thinks we all need to conserve and we all need to drive a Prius, or really he probably thinks we should all just commit suicide because of course humans are the scourge of the earth. Yet he has his 412 foot massive carbon footprint mega yacht. I mean, epic scumbag. I just I hope I never need to see another Leonardo DiCaprio movie. Tangent or anything. I just can’t stand the kind of hypocrisy look and listeners. I know it’s some level. We’re all hypocrites, myself included. Okay, but give me Break. Don’t lecture me about conservation and global warming when you’re like one of the biggest polluters on the planet besides Al Gore, another big hypocrite. Okay, go ahead. Sorry.
Naresh 4:12
Yeah. So that’s why I was in Rishikesh. And I was yeah pickpocketed by by a monkey. And it was it was a girl I could tell was a girl. And yeah, she took my bag of chips and started eating them right in front of me. So right out of your pocket. Yeah, yeah, right out of my pocket. So it was it was a pretty funny picture. It was a good picture moment.
Jason Hartman 4:33
So no rush. I gotta ask you a question. Were you born in India by the way?
Naresh 4:37
No, I was a you grew up in Houston, right? Yes. Born and raised in us.
Jason Hartman 4:41
Okay. So just having returned from India. Do you appreciate the good old US of A more now? Oh, yeah, for sure. Now, let me say this about India, though. I know you went Jason a probably like 10 or 15 years ago. I was there about I want to say 10 years ago. I was in Delhi, and then of course, went to the Taj Mahal and took that famous picture, as if I was pinching my fingers together holding one of the spires. And I hate to tell you that picture that everyone takes there. It looks fake. The background looks superimposed. I promise I was really there. My friend Brittany was there with me. She could vouch for me.
Naresh 5:22
Yeah, well, India has changed a lot since 2006. And it’s changed a lot since pri.com. So one of the things that I noticed, you know, I was worried about working, for example, from India, because I didn’t know what the internet would be like, I didn’t know what the amenities would be like. But that’s now not a problem at all. I mean, I was in I was in places that you would never expect there to be air conditioning or internet. Forget about the internet. But these places, they looked rundown. There were you know, good amount of poor people around but they had the The internet and it was very, very strong connectivity to
Jason Hartman 6:03
Yeah, well, I mean, nourish seriously really, are you? I mean, India is the land of tech support. It is. I mean, how many times if I called, and I’m saying this in quotes Mike to help me with my tech problems, and he was in Bangalore or something, and it was probably three o’clock in the morning. And I’ll tell you a funny story. When I was in India, there was an internet problem, there was like some big cable in the ocean was cut or something like that. And I had really bad connectivity problems. And it was it was one of the you know, whenever you travel on these huge long distance trips, or at least I’ll speak for myself, I think probably everybody shares this experience, your sleeping patterns get really screwed up. And there’s always like, one night where you just can’t get your clock right and you can’t sleep. So I was up at about two or three in the morning, and I was trying to do some work and I just wasn’t tired. And so I call downstairs and said that there’s like an internet problem. And they send up this guy, and he’s wearing a suit. And he’s got this great English accent. And I thought I’m in good hands here. This is the land of tech support. Right? And he sits down at my computer and does some tests and all kinds of stuff and yeah, so I don’t know I think internet it’s not surprising. That is pretty good.
Naresh 7:28
Yeah, well, when it comes to Wi Fi though, my guess is you’re probably in a big city when
Jason Hartman 7:35
I was in Delhi and I was gonna be super classy hotel. Yeah, so it was
Naresh 7:39
Yeah, I’m talking about Alice out and the guy in the rural kind of middle of nowhere near the the Ganges River. The hotels were probably too sore to sorrow, that’s the best you can get in that area. And again, the even though the other stuff looked a little rough down a little older, not really 21st century, the internet was super but was slow. I mean, I was streaming, I was streaming movies from my, from my computer.
Jason Hartman 8:10
So I have long said that if you want to improve the lives of humans all over the world, the best thing the United Nations could do for for the planet is free, global Wi Fi internet access. And and they, you know, remote, you might remember they had this hundred dollar laptop program that they were talking about for years and that really never worked out. A lot of it was because of the operating system issues, not the actual electronics but you know, what’s, what’s going to be the OSS, is it going to be Microsoft, everybody’s going to have to pay Bill Gates for a license, you know, and so that was sort of one of the big issues. But what’s going to happen because the UN which is largely pretty lame organization if you ask me and not completely but they do some good stuff. But I don’t know, overall, I don’t think they’re that great. You’re gonna have Facebook and Google connect the earth, you’re gonna have capitalism do it. And and they’re going to make all these Wi Fi weather balloons so that every point on the planet is connected, and it’ll probably be free. Now, again, none of this stuff is truly free because we are selling our own information to these companies. And that’s the currency by which we pay for Google and Facebook and so forth. And again, that’s that’s another argument. But you know, capitalism is going to do it. Not the UN right? is usual, the corrupt un long. Oh, yeah, pull it off. It’ll be capitalism. But yeah. So when we talk about I mean, the reason we brought this up and at the risk of going on a tangent here is that when you look around the world, and you look at the investment opportunities around the world, and everybody loves to say, Oh, the US is going to hell in a handbasket. And listen, I don’t disagree that it’s on a download. Slide. I do think it is. But like I’ve always said, it has a long way to fall before other countries can really beat it overall. And you know, I know the highest incarceration rate. And, look, I watched news room and I saw that speech that the guy made and sorority girl got up and asked him, you know, it’s famous, it’s been passed around the internet a zillion times, and I get all that I know, there are huge problems and issues. But overall, it’s, it’s pretty awesome. Okay. And in fact, one of our clients, Patrick sent me an article recently and it’s from globe street calm. And it talks about a investment conference that happened recently in San Diego for credit London. That’s an investment banking firm in Newport Beach, I think is where they were based. I remember, Cretan and Roth many years ago in the 90s. They had a national real estate conference in 2016. And here was one of the great quotes by Andrew Frazier from that conference. It says Gary h London, president of London group realty advisors says that foreign money comes here because the US is this quote, island of tranquility compared to other parts of the world unquote. Okay. And then Andrew Frasier, VP and senior area manager of Zions Bank Corporation says that quote, The US is the greatest place to place and make money, okay, unquote. And London points out that they will take a smaller return meaning these foreign investors will take a smaller return on their money, because from their perspective, anything is better than what they have gotten. So investors are I mean, the money is just still flowing. Going into the US foreign direct investment. I mean, it’s interesting when I go around the world and I’ve been to 79 countries, as you know, when I go around the world and I read the economic publications in other countries, the thing they’re always talking about is FDI. What is the FDI? foreign direct investment? And, you know, like, the US doesn’t even need to talk about that. There’s so much of it. Other countries need to say, hey, look, people are bringing their money here. But in the US, it’s just it’s just, it’s known. It’s been known for decades and decades and decades as the Brinks Truck of the world. And that’s for broad investment markets. But when you look at the real estate market in the US, it is even better, because it is such a special real estate market for so many reasons that I’ve outlined on the last 666 episodes. It’s been subsidized by the Governments since the Great Depression, good rule of law, very good customs, well developed data markets. Don’t underestimate that data, the importance of data, the Multiple Listing system, Zillow, Trulia, they just don’t have good data in other countries. As far as the value of real estate in in the US you do. It’s a very special market and then very mature supply chains, in terms of construction materials and repair services and so forth. It’s a very special real estate market. So did you look at any real estate deals in India? I did not look at any real estate deals and have you have you ever looked at real estate in India? Well, I mean, I guess you could always say you’re looking at Real Estate because you just have to turn your head okay. But no, I did not very seriously consider India as an investment market. When I was there at least I have certainly read about people investing in areas like Bangalore, which is known is the sort of the tech center. But not that wasn’t a real serious one. Now I have very seriously looked at properties in many parts of Europe, Asia, Central and South America. Okay, but not not India. The title of this article, by the way, I just want to share because the title in and of itself is telling. It says foreigners who want portfolio diversification often buy stupid deals in the United States. Okay, now, it didn’t say in the United States, but that’s what the whole article is about. All right, stupid deals. And that just means that they are willing to pay a risk premium in insurance premium to invest in the Brinks Truck of the world, the United States. Okay, listen, listeners, you know, I have massive number of complaints about the US, but I’m just telling you It’s all about relativity. It’s all relative to what else is going on in the world. All right. So just wanted to share that. No rush. You’ve got a few questions that we didn’t finish up on and prior shows. Do you want to ask me those?
Naresh 15:14
Yes, sir. So going back to real estate, I don’t know if your listeners remember, but we went through some ABCs. We went through some basics. Now, I think the stage that we’re at is the actual buying state. So my first question is, I hear all the time about, you know, we closed on this property or closing costs, what are all the relevant closing costs that investors or buyers should take into account?
Jason Hartman 15:42
Well, that’s a that’s a loaded question. And here’s why it’s loaded. because number one, closing costs vary based on geographical customs and based on the type of financing you For the property, okay, so that’s the first thing listeners need to understand. A lot of this stuff isn’t actually required either. Technically, it’s not required to do a deal. You could probably everywhere I think, trade a piece of real estate with a contract written on a napkin. Okay. You know, you don’t have to go through all of these formalities, but there’s a good reason for them. They protect you having things like title insurance, and understand that title insurance in and of itself is a sort of a complex thing, because there is a title insurance policy that ensures the buyer that they’re getting good title, and then there’s another title insurance policy that ensures the lender financing the property, saying that their collateral has clear good title. And by the way, since we’re talking about title, this yet again is another reason that the US is such a great place to invest in real estate, because the the market here in understanding the chain of title is pretty transparent in the US. Whereas in other countries it is very opaque. You know, in a lot of places, you just really don’t know if your title is clear and clean. In other words, someone might present a claim, saying that they have a claim on the property that they have a lien on the property in other places. And I tell you all my years in the business, I have never experienced a title problem in real estate here in the US. So that you know, that’s just an aside to what we were talking about a moment ago. And then there are other closing costs that are involved on the financing side of the property. Most of these will just go away if you pay cash for the property, so understand that, but understand that each interview lender can have a different set of charges. And then they can have different sets of charges based on the type of loan program you choose from them. So for example, if you go to Xyz mortgage and you go to ABC mortgage, they may quote different amounts of fees, right? And then if you go to Xyz mortgage and say you want program a versus program B or C two, do you know that the different financing they offer, those closing costs may also vary again, okay, so there are a lot of federal rules that regulate disclosure of these items. And you’ll get a disclosure from that lender, so that you’ll know what you’re getting into and any lender worth or salt The best way to find one is by the way by referral, not just finding them online or or somewhere. We certainly refer people to lenders that we’ve done business with We trust will take care of our clients and, and they’re not perfect, okay? They’re just like our local market specialists, they need to be managed, okay? These are these things in business are things that you manage, you don’t solve them ever necessarily. You manage them. So there are sets of fees, you know, loan points, points or just prepaid interest. There are what they call, technically they actually call them this, you won’t hear your lender call them at this, but we call them this garbage fees, okay. And these are, you know, like the processing fee and this fee and that fee, there will be an appraisal fee. So all of these costs are itemized on these disclosures that you get, okay. And then there are costs related to the actual handling or escrowing of the transaction. Now, here’s a point that can be confusing to sum. Remember, we started this discussion by talking about title insurance and Depending on where you’re buying a property, the closing process or the escrowing process can be handled by an escrow company, a lawyer or a title company. So the confusing part for some is they’ll think well, title insurance, there’s a fee for title insurance here. But then there’s also a title company who is saying, Hey, I’m going to receive the money for the down payment, I’m going to receive the money from the lender for the financing the property, and then convey the deed to the buyer. Right and and receive the deed from the seller and escrow the transaction. Now, in in the Socialist Republic of California, for example, where I grew up and spent most of my real estate career. I do not recommend investing there. Just so you know, in case you haven’t been listening to the last 600 plus episodes, because it’s too expensive. It doesn’t work market makes no sense. very speculative, you know, that’s for gaming. We’re, we’re conservative cash flow investors. But in California, it’s it’s easier to to see the differentiation because you have an escrow company and I used to own an escrow company. And then you have a title company. So the title fees are for title insurance. And the escrow fees are for the escrow company, right. But just understand that the title company, a lot of times does the escrow as well. And in California, you can have it where it’s one company doing both, but you don’t always have it that way. In some other parts of the country. It’s just customary for title, the title company to do everything. Okay. So understand that. That pretty much covers it. I mean, you’ll have some little transfer fees that will be paid to the government, maybe a transfer tax. These aren’t huge. By the way, in some foreign countries, they are huge. Okay, so just understand that But, but that that kind of sums up closing costs. So how do we just tie this up and put a bow on it right? estimate about three and a half percent give or take, this is not an exact number, okay? Give or take about three and a half percent, maybe 4%. Just estimate on the higher side, okay, of the purchase price for closing costs. Now, you have to understand something though, if you choose a loan program, where you are buying down your interest rate with points because points are just prepaid interest. And this may actually be a good idea. We’ve talked about it a lot in depth on prior episodes where we’ve done the math for the break even point of buying down your rate. And if you do that, your closing costs will be higher because you’re pre paying for interest. And there’s a time horizon on this. That is typically somewhere in the neighborhood. have three years. So for example, if you pay one point, which is 1% of the loan amount extra upfront. So say you’re getting an $80,000 loan, and you pay $800 more, but you buy down your rate by an eighth of a percent, or maybe a quarter of percent. I’m not quoting a rate here, just so you know, I’m just pulling these numbers out of thin air, I don’t have any exact idea to do that, I’d have to have a rate sheet in front of me, okay, I’m not doing that. I’m just giving you an example. So you’ll get the concept. But if you buy down your rate, a quarter of a point, and you pay one point upfront, you know it there’s a time horizon a schedule as to when you’ll break even. So for example, if you break even in three years by paying up for an interest, then the remaining 27 years of that mortgage is a great deal for you. So it may well make sense to buy down your rate and pay Hay, an extra point or two points, I’ve seen people paid several points in advance prepaid interest to get a lower note rate on that mortgage. Makes sense? Okay, got it. Next question.
Naresh 24:17
We talked about closing costs. Now when we’re actually buying the property, let’s say I, I am intent on buying numerous properties moving forward to start, I guess, a real estate career and sounds
Jason Hartman 24:30
like a good idea, right? I’m going to build a nice real estate portfolio naturally nice real estate portfolio. So what kind of, I’m assuming that the best thing to do would be to set up some kind of entity, you know, maybe an LLC or some kind of entity to do these real estate transactions and have it under an umbrella company? What would you recommend on that end? Okay, so first of all, I’m not a tax or legal advisor. We have talked about this subject, zillion times on prior episodes, and I know you’ve heard me talk about it before. People are always asking me this even though I’m not a lawyer, and I’m really cannot give you legal advice, okay? I will just generally tell you from my own experience, many people jumped the gun on this stuff, they just spend a lot of time trying to figure out these complicated, expensive and cumbersome, meaning you’re gonna have to do a lot of paperwork and keep separate accounting, asset protection strategies, okay. And they should just buy some properties. Okay, you can always do this later, but I will tell you there this is a very long discussion, okay. With the residential real estate, when you’re buying one to four units, anything on anything a four Plex or under rather than a big apartment complex or some other kind of commercial property. It they make it pretty hard to use LLCs because Has the business is not set up for institutional investors. Okay, now people do it I own single family homes in LLC myself, okay. Well, I should say, my trust owns the LLC and you know, it’s it’s complicated. I’m telling you this stuff is complicated. Okay? It’s it’s harder than it looks folks. So you really should not stress out about it, but it’s harder to get financing. It’s harder to get insurance many times. It adds a degree of complexity to it. If you are an advanced investor, and you’ve got several properties, you know, listen to my past episodes where I’ve talked about this extensively. I’ve interviewed lawyers on the subject at Hartman, education, calm the courses. There you can see where we’ve had lawyer speak, renowned attorneys like Garrett Sutton, who has written several of the rich dad books. He’s been on the show before and talked about it. You can get this where you can see him speaking At our meet the Masters event and really learn more about it, but just understand that a lot of people are putting the cart before the horse here. If you’re worried about liability, have insurance, okay, insurance, this is the liability that comes out of owning investment property is pretty easy to insure around. Okay. So I’m going to wrap it up with that, and we’re going to go we’re going to go another hour just on that subject.
Naresh 27:26
One last follow up to that. So if I wanted to get started with you guys, will you walk me through that process of you know, setting up the you’ll just refer me to the proper people handle all this
Jason Hartman 27:38
will refer you to an attorney? Yeah. Okay. Okay. We got to wrap it up pretty quick, no rush. But I think he had one more question. Right.
Naresh 27:45
I think we can save that for the day. We’ll probably take another 30 minutes to answer that. So we’ll save that.
Jason Hartman 27:50
Okay. So I told the listeners we would talk about waiting to have kids. So this is just sort of an interesting thing, and I’ll tell Why this is interesting, okay? We have such massively changing demographics, okay. And hopefully, you as a real estate investor are really recognizing this. And you’re recognizing the chance that there could be a significant a very significant stock market correction coming in the near future, because of the aging population and that population being required to take distributions from their retirement plans, which are mostly sitting in stocks, okay, then that would cause a huge potential downward decline in stock prices. Okay. So, all of that, notwithstanding, my opening talk at meet the Masters this year earlier this year, was about how you can’t hear the dogs that don’t bark. And I just thought that this article, although it doesn’t have anything to do directly with real estate, address this issue. And I tell you, folks, this concept of how you can’t hear the dogs that don’t bark is what creates myopia in the world where these myopic people, they just can’t see the big picture. It’s, it’s terrible. We have to in life in all areas of life, we have to stand back and look at the interactions of things in marketplaces in economies in life in general in politics, and see how they interplay together. And this article is really about how you can’t hear the dogs that don’t bark. And I’ve talked about this issue before on the show. It was my opening speech for meet the Masters for those of you who attended that. So let me just share this is interesting. Okay. Good news. The article. It’s a news article by john Johnson and it’s entitled good news for moms who wait to have have kids. Now mostly we’ve heard about how you shouldn’t wait too long. Right? And there are certainly medical reasons for that. Right? But it says study, children of older moms are healthier and taller, taller. It’s funny that they say that. Okay, so here’s, I’ll just read you some of the article it says women who wait until 35 or later to have kids face higher risk of problems, everything from miscarriage to diabetes, to chromosomal problems with a newborn. But as medical today notes, this hasn’t kept the average age of first pregnancies from creeping steadily up. Now. However, Swedish researchers are weighing in with good news for older mothers, their kids, and this is interesting, okay, I would have never thought of this myself. Their kids tend to grow up healthier, taller and better educated. They say in a press release. In fact, they’re studying In Population and Development review, that’s a publication suggests that the benefits outweigh the risk for women who delay childbirth into their later years. The reason is deceptively simple. And it’s on the macro level. The longer she waits, the more improvements come along in society as a whole. So the article is suggesting that the world gets better, the longer we wait, right? So bear with the example here to illustrate the point courts sites. Now why aren’t they talking about courts? I don’t know. Did I miss something, whatever. Anyway, courts, whatever that is, cites the example of a woman born in 1960, who has a child at age 20, and another who has a child at age 40. A lot of things happened in those intervening 20 years including dramatic improvements in medicine, mortality, and education. The kid Born in 2000 is much more likely to go to college to go to college than the sibling Born in 1980. Now, we can argue whether college even makes sense, but that’s another discussion we’ve had before right? The study followed 1.5 million Swedes, okay, this is a big study. So it has a lot of credibility right? With a researcher Nicko might don’t know how to pronounce that name of Max Planck Institute for demographic research says findings should factor in to family decisions. expectant parents are typically well aware of the risk associated with late pregnancy but less aware of the positive effects. So look, I’m certainly not suggesting if you’re thinking about having a kid you should wait a long time. But this is interesting because you can’t hear the dogs that don’t bark. I mean, the world changed very, very significantly from 1980 to 2000. That was that 20 year period they were talking about So this older mother and a assumingly older father too, right? They have more economic resources. They can do better by their children potentially, right? They can provide them with better care, better education. And so it’s just a counter argument that you just never hear. And that’s why it’s interesting. You can’t hear the dogs that don’t bark. What do I mean by that? I keep saying that phrase, right. There’s a famous Sherlock Holmes episode called, I think it’s called silver blade, where person was murdered in the episode and the dog did not bark. And Sherlock Holmes being as smart as he was realized that that was the solution. That was the way they solve the crime. Because it’s the it’s the profound impact of something unseen of something that you Didn’t happen. And this is the problem with a political system and the world in so many ways, because you can’t hear the dogs that don’t bark. You get into arguments with these people about socialism. And, you know, it’s ugly Big brother called communism. And they’ll always say things like, well look at Canada and look at look at Scandinavian countries. Well, you know, we just talked about an article from Scandinavian country, right, Sweden, they’ll say they’re doing great. There are socialists. Well, you can’t hear the dogs that don’t bark. The question you should be asking is how much better off might they be if they had a smaller government? That is the question of the day. Okay. Visit venture Alliance mastermind comm check out venture Alliance, our mastermind group for real estate investors, and Hartman education comm for those courses I mentioned, and then of course, great properties at Jason hartman.com. So three little websites for you. Rush. I talk a lot, don’t I?
Naresh 35:03
Well, that’s why you have so many hundreds of thousands of listeners and 164 countries. Yeah, I know. But it may be It’s why I don’t have a wife.
Jason Hartman 35:11
See, if I had a wife, she would have had to let me talk 80% of the time. And most women,
Naresh 35:21
yeah, they’re just not into that. Are they? They like to talk.
Jason Hartman 35:24
So, so there you go. All right. Well, hey, thanks for being on the show again and asking some of these questions and getting down that list with us. I hope the listeners found it interesting. We’ll talk to you on a future episode. No rush.
Naresh 35:37
Sounds good.
Jason Hartman 35:38
Everyone. Have a good day. Thanks for listening, everybody. Happy investing. Let us know if you need anything. Jason Hartman, calm we’re here to help.
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Really now. How is that possible at all?
Announcer 35:57
Simple. Wall Street believes that Real Estate Investors are dangerous to their schemes. Because the dirty truth about income property is that it actually works in real life.
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I know I mean, how many people do you know not including insiders who created wealth with stocks, bonds and mutual funds? those options are for people who only want to pretend they’re getting ahead.
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If you want to be able to sit back and collect checks every month, just like a banker. Jason’s creating wealth encyclopedia series is for you
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