Creating Wealth Real Estate Investing with Jason Hartman 1402: All ROI Is Not Created Equal, Coronavirus Vaccine, How Typical Income Has Changed, Internships A Plus, Florida Rent Control
People aren't the problem, they solve problems. Jason shares news of the Israeli scientists' claim to a Coronavirus vaccine. The typical income has changed dramatically in 40 years, and so has the way a family's spending has been shaped. College or internships, the benefits of the latter. Jason answers a question from Florida Rent Control.
In today's second segment, All ROI is not created equal. Learn one of the most valuable lessons of income property investments, IDEAL.
Key Takeaways:
[1:30] The Israeli scientists say they have a Coronavirus vaccine coming out in just a few weeks
[2:30] People solve the problems
[5:30] The typical male income no longer covers a family of four expenditures
[10:00] College or internships?
[12:45] Sebastien from JasonHartman.com/ask - was reading a report from Marcus & Millichap report about Florida Rent Control
[19:00] Acting as a landlord in California can be a risky business
[22:00] All ROI is not created equal
[22:30] Income - cash flow from your investment (rent revenue)
[23:20] Depreciation - a non-cash expense that recognizes the reduction in useable value for a piece of property over time
[23:40] Equity - as the self-liquidating loan payments are made, it results in an increase in wealth for the investor
[24:08] Appreciation - when the value of a property increases over time
[24:50] Leverage - the use of other people's time and money
Websites:
Jason Hartman PropertyCast (Libsyn)