Episode 33 – Jason Hartman and David T.S. Wood: Seasoned Advice From Two Great Real Estate Investors [PODCAST]

There are gurus everywhere touting their particular programs to educate you on how to get started in real estate investing. You can go that route if you want to, and spend lots of money in the process. But Jason Hartman and David T.S. Wood, both seasoned real estate investors, believe you can get the same education much simpler and for free. Today’s episode is an introduction to their advice which is sure to be of great value to anyone who simply wants to know more about real estate investing, or who is interested in getting started. Be sure to listen in.

Why the stock market is not the best route to take for your investment strategy.

Jason Hartman has some very strong opinions about the stock market. Simply put: He doesn’t like it. In his opinion, it’s a great opportunity for investment advisors and stock brokers to get rich off your money and condition you to accept loss at the same time. In his mind, any time you relinquish control of your cash to somebody else, you’re not being very wise with your investment because you’re opening yourself up to unnecessary risks. Find out more about Jason’s resistance to the stock market and what he advises instead, on this edition of Crank it Up.

Real Estate investing may appear intimidating at first, but it’s really a very simple concept.

You’re buying properties that you can either buy low and sell high(er), turning a profit almost immediately – or you’re buying properties that will generate consistent cash flow or income and holding them. Either way, you’re tapping into the one investment that shows the best return from a historical perspective. It takes some money to get started, naturally, but there are ways around that to get yourself going. In this episode of Crank It Up, David T.S. Wood and his guest Jason Hartman share best practices from their years of real estate investing experience and help you get on the way to setting yourself up for a greater income than you ever thought possible.

Are you attached to your home? Should you be?

Both David T.S. Wood and Jason Hartman, seasoned real estate investors in their own rights, have come to understand that they can’t be too emotionally attached to their own homes. Why? Because their homes are assets that can be used to advance their financial situation and move their lives forward. Emotional attachments cause a person to hang onto things that could otherwise be better used by relinquishing it. Homes can be one of the biggest things that fall into that category. Hear how David and Jason have come to let go of their homes and how they’ve even become comfortable renting high dollar homes for their own use rather than buying, on this episode.

Would you rather rent a place to call home, or own it?

In this episode of Crank it Up you’re going to hear from two seasoned Real Estate Investors who would rather rent a high dollar home than buy it. What? Isn’t that missing out on a great investment? Not in their minds. Listen in to find out why, and get their best advice to anyone who’s interested in starting out in the real estate investing realm.

Outline of this great episode

[0:46] An “out of the box” introduction to this episode.

[1:20] David’s story: backpacking for 10 years, building a life and business.

[3:30] Jason Hartman’s story: A Real Estate Agent, Investor.

[7:58] David’s experience with “diversification” in investments and how he was conditioned to accept losses.

[10:27] The risks you assume when you relinquish control of your own money.

[13:21] What David has learned from being burned when investing in businesses as an angel investor.

[16:39] Jason’s opinion of the best investment class ever!

[17:40] Why Jason loves hanging out with people who are trying to make a dent in the universe.

[18:22] David’s view on real estate investing and how it’s possible for anyone who learns to be discerning.