1258: BRRR Method, Manufactured Homes, Self-Management & Future Expectations Impact on the Housing Market

33:27
 
Share
 

Manage episode 239772203 series 2294384
By Jason Hartman. 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.

Jason Hartman talks with 2 investment counselors in today's episode. First he talks with Adam to discuss the popular BRRR investment model (Buy, Renovate, Rent, Refinance) and why manufactured homes have a bad reputation and why that needs to change.

Then Jason talks with investment counselor Doug about the importance of future expectations when looking at any market, including the real estate market. Just like in the stock market, future expectations drive a lot of value for real estate, especially in cyclical markets. The second half of this conversation will air tomorrow.

Key Takeaways:

[4:13] BRRR proponents don't ever tell you about their tax liabilities or their hunt for a deal

[8:05] We should look upon manufactured homes a lot better than we do right now

[10:43] The online housing kits are currently way more expensive than they pretend to be

[14:38] Doug's experience using Cozy so far

[19:26] You make money in life by adding value

[23:39] When you take the manager out of the equation you can just the property on the property alone

[26:08] The importance of future expectations

[29:53] When expectations decrease it's not just a little drop, it's a spiral

Website:

www.JasonHartman.com/Properties

362 episodes