All Forum Posts by: Jason Hartman

Yes, they were on my Creating Wealth podcast recently.  

1481: How To Do Home Inspections Right, Kathleen Kuhn, Housemaster

Thanks @Phil Wells - Yes, we will witness a mass migration away densely populated cities to suburban markets. As we experience a generational PTSD, people will try to escape the two biggest danger zones - mass transit and elevators. Back in 2012 I was predicting the rise of suburbia, on my podcast, due to the emergence of autonomous vehicles and Covid-19 & riots will accelerate this trend. Real estate investors will profit by providing good suburban homes. Happy investing!  

Hi @Account Closed - I understand completely. Just saying that it's counterintuitive, using good quality leverage actually reduces risk and increases security, it's not easy to get everyone to see this but just look at times of natural disaster and economic crisis where all the assistance is offered to those who have mortgages but no help is offered to those who have lots of equity. As I always say, real estate is the best asset class but it's a mediocre bank. That said, I agree that chasing ROI involves some effort and, if one has achieved their goals, they have every right to kick back. They've earned it - great! This was just a discussion of optimizing the asset class, not a broader discussion about life - that's for another time. Be well!

Yes, @Account Closed, the system rewards borrowers for sure. The debt treadmill and fractional reserve banking keeps the rather dysfunctional system going. I disagree with many things in the financial system but I recommend that we do the things that will reward us with better ROI.

I read a great book in the 1980's called THE GREATEST MANAGEMENT PRINCIPLE IN THE WORLD by Michael LeBoeuf and the awesome thesis is, "what gets rewarded, gets repeated."  

Refi-Til-Ya-Die and this book are highly recommended! 

Yes, refi-til-ya-die, 1031 and stepped up basis are gifts from God. Income property is the most tax-favored asset class in America! 

@Account Closed is correct, we are simply advocating a VERY CONSERVATIVE approach where people buy and hold properties for 7 - 12 years and then refi at 80% LTV and then continue to hold them for life, or at least 27.5 years to finish the IRS depreciation schedule. It doesn't get much more prudent and conservative than that.

If you're listening to my podcast and YouTube channel, I have done hundreds of episodes on market cycles & crashes and interviewed nearly every thought leader on the subject. It's good stuff so please check it out, if you're not already listening. 

@Mark Sewell - Love it - lol!

Yes, @Mark Sewell - You got it! That's why we love the strategy, it's the most tax-efficient way to extract wealth from our portfolios. 

@Account Closed

It's been several years, hope all is well! 

That's an odd thing to say. @Account ClosedThis couldn't cause a crash in a zillion years. As well will agree, the causes are substantially different and far more complicated. My strategy requires a minimum of 20% equity at all times. 

That's the minimum, most investors will have much more equity than that over the years they are benefiting from the strategy. 

Yes, "Refi-Til-Ya-Die" is a great strategy! :-)  Thanks @Kerry Baird!