AIPIS 234 - Client Case Study, Avoiding Bad Investments By Following Jason's 10 Commandments with Sean

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Manage episode 207968572 series 5499
By Jason Hartman, Jason Hartman with Scott Sharp, and Daniel Miller. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In Part 1 of this client case study with Sean, Jason Hartman discusses the beginning of Sean's real estate investing career and the mistakes he made. Sean ended up with 6 figures worth of debt when the great recession hit, and he admits it's because he made some terrible decisions. Jason and Sean look into why they were bad decisions and how Sean and his wife have been able to dig out of that hole and continue to invest in real estate.

The two then begin their discussion on property managers and what to do when repairs are needed. Part 2 will be next week.

Key Takeaways:

[3:10] Real estate investing allows Sean to supplement his acting income and not have to stay in one place

[8:03] Sean & his wife got caught up in the Florida FOMO and kept him from doing more real estate until 2013

[13:26] What part of Jason's investing philosophy really opened Sean's eyes

[16:51] Sean's personal philosophy on the markets he's investing in

[21:00] Only accept invoices from vendors, not from managers

[24:51] Make sure you find a trusted handyman

Website:

www.JasonHartman.com/Properties

272 episodes