Mon, 30 December 2019
1357: Lumber Price Impact on Construction & Seven Figure Decisions, Having the Balls to Succeed, NV Real Estate Academy with Nick Vertucci
Jason Hartman and Investment Counselor Adam start today's show discussing what could happen to the cost of lumber and the cost of home construction based on the potential passage of the US-Mexico-Canada trade deal. With the deal already through the House and awaiting the Senate approval, it could have significant ramifications.
Then Jason talks with Nick Vertucci, author of Seven Figure Decisions and founder of NV Real Estate Academy, about Nick's journey through the real estate world after his tenure in the tech industry. Nick spills the details of his change and why he switched from selling and flipping to educating. The two discuss the downsides of real estate, but also the incredible rewards that can come if you stick with it, make decisions and keep moving forward.
[3:48] The US-Mexico-Canado trade agreement could have a big impact on real estate investors
[8:46] The price of lumber stabilizing would be fantastic for investors who are trying to figure out the cost of construction moving forward
Nick Vertucci Interview:
[14:10] Nick's journey from selling and flipping real estate to the education side
[20:38] Nick's first realization that he was making 7 figure decisions, and what true leaders all have in common
[23:40] Real estate isn't perfect, and it isn't easy, but it can bless you significantly
[27:22] Whether it's full or part time, have the entreprenuerial spirit and go create wealth
[29:15] Decision making is one of the most importan things a successful person has to have