Creating Wealth Real Estate Investing with Jason Hartman 1175: How Inflation Works, Hedonics & Appreciation After Rehab with Mark Ferguson, InvestFourMore
Jason Hartman and in-house economist Thomas start off today's show discussing what inflation really is, and how it's measured. There are different ways inflation can be manipulated, whether it's for political gain or belief system.
Then, Jason talks with Mark Ferguson, founder of InvestFourMore, about the state of the housing market in Mark's area of northern Colorado. The two examine the lack of inventory, best rehab practices, what (and when) to rehab, and keeping contractors in line.
Key Takeaways:
[2:38] How inflation really works and what "core inflation" is
[6:27] The 3 major ways we're convinced inflation is lower than it really is
[9:39] The importance of hedonics and what Jason hates about it
Mark Ferguson Interview:
[15:13] Mark is seeing a slowdown in his area
[18:57] Things are slowing down, so why isn't there inventory available?
[22:52] When the market slows down, rents tend to get strengthened
[24:57] Best practices for rehabbing properties and keeping contractors honest and accountable
[28:05] How do you decide what to rehab?
[30:42] Mark's experience buying a strip center
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