American Monetary Association 274: Ominous Signs & the Search for the Next Recession
Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.
The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.
Key Takeaways:
[1:27] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off
[4:36] For the first time in a long time, Kerry is bullish on the New York real estate
[12:01] Where will the next recession come from?
[15:53] There's an urgency that you need to do something now rather than waiting around
[19:52] Why Kerry thinks Indiana has been the longest running market for Jason's company
[24:07] Utilize your tenants as your assets
[29:39] If you choose to self-manage, remember to track ALL of your expenses
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