087 » Jason Hartman on Why You Should Refi Till You Die » Jason Hartman




Real Estate Investing Mastery Podcast show

Summary: In this episode, Alex Joungblood and I are talking with a super-knowledgeable investor who produces 18 different podcasts. 18, I know, crazy awesome! He’s actually done more than 1,000 podcast episodes… and what does that tell us? This dude knows REI and we should listen. Period. Jason Hartman provides us loads of useful info in this great episode… he tells us how he grew up poor, which is what encouraged him to figure out how to make money through real estate. In fact, at the spry young age of 20, he did his first deal and banked $42,000! We’ll also talk about how Jason is able to operate in several markets, and he’s humble enough to share with us his mistake about diversification so we can avoid the same situation. He also lists his 7 best markets in which to invest, and he describes in detail how he chooses those markets. This self-proclaimed lifelong learner is also a generous guy… he’s offering listeners 2 awesome freebies. Trust me, you want these goods. So, let’s get to it… Listen and enjoy: Jason Hartman Interview Bonuses <a style="" href="https://my.leadpages.net/leadbox/14ff933f3f72a2%3A9446a4313/5833320160034816/" target="_blank">Download Tools</a> What's inside: 7:37 – Jason’s foray into REI 11:55 – How the market has changed over the years but Jason has remained successful 14:48 – When to be bullish in the market and when not to be 16:04 – How Jason’s operates in several markets and the amount of optimal diversification 20:25 – The top 7 markets in which Jason likes to invest 24:08 – Common REI mistakes to avoid 33:15 – To Refi or not to Refi, that is the question 36:00 – How refinancing can build your wealth 41:40 – How Jason’s ‘Refi Till You Die’ plan starts 51:25 – What happens to all your properties when you die 55:16 – How Jason runs his business while he’s traveling Mentioned in this episode: <a href="https://itunes.apple.com/us/podcast/creating-wealth-real-estate/id216013968?mt=2" target="_blank">The Creating Wealth Show</a> <a href="http://www.jasonhartman.com" target="_blank">Jason Hartman</a>’s Website Jason’s <a href="http://www.jasonhartman.com/podcast/" target="_blank">Podcasts</a> Tweetables:  [Tweet "Income property is by far the most historically proven asset class in the US creating long-term wealth"] [Tweet "The human race needs 3 basic things: food, clothing and shelter; let them rent that shelter from you"] [Tweet "The most fundamental thing is cash flow; the determinant of whether an investment actually works"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2014/12/REIM-087-Why-You-Should-Refi-Til-You-Die.pdf" target="_blank">Download episode transcript in PDF format here...</a>  Joe:      Welcome, this is the Real Estate Investing Mastery Podcast. Hey everybody welcome this is the Real Estate Investing Mastery Podcast. I'm excited about this interview, we have a very special guest, a fellow Podcast host who has done probably, I don’t know, a thousand more Podcasts than we have. He’s been doing it forever his name is Jason Hartman. He’ll be on in just a second here, but Alex, how are you my man? Alex:    I am okay. I'm a little sad today as it is October 15th, the day of decision for those who filed extensions on April 15th. Joe:      I'm not going to ask you how much you paid- Alex:    No, we're not going to disclose that amount, but- Joe:      It was a lot. Alex:    Let’s just say if you were offered a job of this amount, you would be placed in the, I don’t know, what is it,