Creating Wealth Real Estate Investing with Jason Hartman CW 1097 FBF - Client Case Study Ani Wee: Buy Real Estate & Wait
Today's Flash Back Friday comes from Episode 824, originally published in May 2017.
This episode demonstrates the versatility of the most historically proven asset class income property. Jason breaks down its multiple dimensions and the various factors which can be used to prove that income property is the best investment you can make. During the client case study segment, Ani Wee tells her story of monetary and portfolio growth from her income property investments. She uses the Hartman Network to find opportunities, to gather information and to engage with like-minded people.
Key Takeaways:[03:30] Money matters!
[08:06] Why you should immerse yourself in the most historically proven asset class.
Client Case Study Ani Wee:
[21:29] During the market crash Ani was looking for options when she came upon the Creating Wealth Show.
[23:29] She started investing in real estate after reading Rich Dad Poor Dad but she didn't know what she was doing.
[25:36] Ani receives yellow postcards on the first property she bought from the Hartman network.
[30:41] Ani's duplex in Florida appreciated from $79K to over $150K and her RTV ratio increased.
[36:35] Comparison, income and replacement cost are the three basic approaches to appraisals.
[38:34] Don't be afraid to push back on property management issues.
[41:18] Ani will be doing a 1031 exchange on her properties in hybrid and cyclical markets.
[44:36] Don't wait to buy real estate and outsource your debt to your tenants.
Mentioned in This Episode:Jason Hartman - Watch the Free Video on How to Understand a Pro Forma