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Rebel Capitalist News

Interview: Jason Hartman (US Real Estate Update And Plan B Real Estate)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 19 April 2024

⏱️ 55 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello fellow Rebel capitals hope you're well. I'm here with my good buddy and real estate expert Jason Hartman

0:06.8

Jason what he been up to lately buddy? Hey George I just been busy I I've been selling some of my own properties and I've made quite a bit of money on them.

0:16.2

Right and song. Really happy. You know, I'm just kind of moving stuff around, you know,

0:22.1

scaling back a little bit, simplifying a little bit. I mean, you know, I read this book that was pretty

0:27.3

influential about a year and a half, maybe two years ago now. It's called Die with Zero. And that book was going around in one of my mastermind groups

0:36.5

and all the guys were talking about it. So I read it. And that guy really influenced me a bit to just you know realize when you have

0:46.0

enough money I mean during the COVID era my net worth doubled right like many

0:50.7

wealthy people and and so you know I'm like realizing that I'm not going to live long enough to spend all this money right so I've just been kind of kind of like simplifying my portfolio,

1:04.4

consolidating it a bit because, you know, the old saying

1:08.2

diversification perpetuates wealth and concentration creates wealth.

1:14.5

So, you know, I've been doing the concentration thing

1:17.6

for decades and you know, now I'm just kind of wanna like,

1:21.6

you know, have an easier portfolio maybe my

1:24.4

ROI won't be quite as good as it was but it's it's not that big a deal like who

1:29.0

care you know who cares?

1:31.0

We just have an issue issues managing property managers?

1:35.0

Yeah, you know, every property you have is going to create more things to think about,

1:39.5

more insurance policies, more tenants, more management, and so, you know I just been kind of

1:45.6

consolidating a bit but I did some interestingly only well actually none of the three properties I most recently sold were on the market

1:55.7

okay so I just basically talked to one of the tenants who you know she bought the property from me.

2:03.8

This was one of my assisted living properties and, you know,

2:07.9

paid quite a nice premium and I carried the paper for her

...

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