American Monetary Association AMA 196 - Real Estate Diversification Strategy with Cash Flow Guys Tyler Sheff
Tyler Sheff, host of the Cash Flow Guys podcast, invited Jason Hartman on his show to discuss the different market types in the USA, and got some tips on remote managing as well. Jason explains that the stigma behind buying homes sight unseen, as well as self managing properties a thousand miles away, has abated some due to the wonders of technology.
Key Takeaways:
[1:56] What Jason learned when he owned properties in 11 states
[6:52] Whether Tampa is a linear, hybrid, or cyclical market
[11:18] Our brains relation to the number 3 and how it relates to Jason's diversification strategy
[15:57] Jason's experience of beginning to self manage his remote properties
[18:30] When tenants are connected directly rather than through a property manager they tend to take care of more things themselves
[23:32] The need for standardized data when evaluating properties
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