Chris and Jason are discussing fee versus asset based income, which is essentially cash versus equity. While fee based income is a great way to make money–you can even use cash from fees to buy assets–it is not how wealth is built. Making fees is like making money at a job, where assets are rental properties (or even your primary residence) that grow equity over a long period of time. Watch the video for more great details on this topic!

Jason is talking about concentrating on your profit from your real estate transactions. He believes most people don't know exactly how much they make on their deals and suggests using REI360.net or other software to get a better understanding of your bottom line.

Private Money Minute #47: Buying & Holding Rentals for Long Term Wealth by Real Estate Investing

Private Money Minute #46: Building Your Dream Team by Real Estate Investing

Chris and Jason are discussing their perspective on goal setting. They are going over the “rules” of their accelerated approach, which include writing it down, putting a timeline on it, making it measurable, starting at the end and working your way backward in terms of planning, getting a coach, and having accountability. They have been using this formula for quite sometime, and feel personally and professionally satisfied, but are always pushing themselves to the next level with the next goal. Listen for their explanations on each of these rules.

Private Money Minute #45: Should You Leverage Properties by Real Estate Investing

Jason is talking about keeping your real estate investment business simple. Some investors try to over complicate things, which is unnecessary. When you are starting out, pick your market (close to home), figure out what kind of properties and exit strategies work for you, and stick to those until you get some experience.

Jason discusses 3 things that we see on the front lines that investors overlook and could use help on. Tune in to learn more about marketing, comping properties and managing contractors.

Welcome back to our new favorite segment! Chris and Jason are interviewing each other again today. Their questions are a little deeper this time and it makes for some compelling conversation. Jason asks Chris about habits for success, favorite books, and things he doesn't like to do. Chris asks Jason what kind of company (other than a lending company) he would start, what business skill he wishes he had, and what his favorite financial snowball is. Their answers are a little less surprising than last time, but thoughtful and interesting. Enjoy!

Jason talks about how marketing is so important it should be a habit in your business practices.