Fri, 30 August 2019
Today's Flash Back Friday comes from Episode 858, originally purchased in July 2017.
Captain Gary Pinkerton joins Jason to share his story of how investing in income property gave him financial freedom and he describes how he used a life insurance policy to fund his investments. Later in the show, Jason and Gary answer listener questions about self-management, markets and taxes received as part of the Apple Airpod contest.
[01:59] A few things you probably didn't know about submarines.
[05:09] Gary shares the most important lessons he has learned about income property investing.
[08:50] Leveraging prudent debt and getting credit for the appreciation is a 20% ROI.
[12:47] Gary wanted to go to work and make money on his own terms.
[16:51] Increase the efficiency of your properties by funding them in a different way.
[23:26] Looking at the benefits of using a life insurance policy to fund your investments.
[29:00] Self-managing income properties may give your tenants a better experience so they inhabit your property longer.
[32:23] Juan wants to know how to find the best property management company and how to set up his tax structure.
Mentioned in This Episode: