Mon, 24 February 2014
CW 363: Income Property Management & Tenant Self-Sufficiency with Jason’s Mom + Scott Shellady SVP of Derivatives for the Trean Group
"The Cow Guy" Scott Shellady is the Senior Vice President of Derivatives at the Trean Group. He joins the show to discuss where people should start when investing in tangible assets.
Shellady believes in SWAGER for investing, standing for Silver, Wine, Art, Gold, Energy and Real Estate. He thinks SWAGER investments are a good choice for current investors.
The topic then shifts to how boomers can prepare for retirement. Shellady explains the most common mistakes baby boomers make with their finances and what they do if they were laid off or fired during the recession to protect their retirement.
Visit the Trean Group at www.treangroup.com.
Thu, 20 February 2014
CW 362: Single Family Residential Property Investing with Jason Hartman and Kerry Lutz of the Financial Survival Network
Jason Hartman discusses the possibility of dollar collapse, USA reserve currency loss and compares investment returns in good old dependable single family home with larger apartment/multi-family investments. This is a recent interview from the Financial Survival Network.
Thu, 6 February 2014
CW 361: The Next 10 Commandments of Successful Investing from Jason Hartman’s ‘Meet the Masters of Income Property Investing’ Seminar
Listen in as Jason Hartman discusses The Next 10 Commandments of Successful Investing. This keynote speech was taped live at the opening of our 2013 Meet the Masters of Income Property Investing Event at the Hyatt Regency in Irvine, California. With all deference to the Big Guy upstairs, when it comes to income property investing, Jason Hartman realized that 10 commandments simply isn’t enough to cover such an important topic. Not when creating financial independence is at stake.
In order to get the most out of the critical wealth creation information provided in this podcast, it might help some listeners to quickly review Jason’s original 10 Commandments of Successful Investing:
1. Thou shalt become educated: Knowledge is a powerful tool. Do your due diligence and become your own best advisor.
2. Thou shalt have a professional investment counselor: Only invest with investment professionals who stay with you for the long term. Advisors should buy for themselves what they sell, putting their money where their mouth is, and get paid for producing results rather than simply for advice.
3. Thou shalt maintain control: Never leave your financial future in the hands of incompetent, unethical, or greedy brokerage houses, fund managers or corporations. Always be a direct investor.
4. Thou shalt use prudent financial planning techniques: Always invest with your goals in mind (retirement, financial freedom, creating wealth) and abide by your risk tolerance and investing style.
5. Thou shalt not gamble: Be a prudent, long-term value investor, never a get-rich-quick gambler, speculator, or flipper. Invest only in properties that make good financial sense the day you buy them.
6. Thou shalt diversify: reduce risk and maximize returns by investing in several areas, as every market is different.
7. Thou shalt be Area Agnostic™: Only invest with an advisor who is not partial to any one area or investment to avoid a conflict of interest. Don’t fall in love with your home geographical area!
8. Thou shalt borrow to maximize leverage and accelerate wealth creation: Use as much borrowed money and as little of your own money as possible as long as the borrowed money can be repaid by the tenant. Let other people’s money work for you, reduce your risk, and make you wealthy.
9. Thou shalt only invest where there is universal need: No one needs stocks, bonds, or gold but everyone needs a place to live, and with growing affluence around the world, consumption of raw materials will continue to cause upward price pressure on improved real estate.
10. Thou shalt invest only in tax-favored assets: Non-cash write-offs and deductions are money in your pocket and income property offers the best of both.