Mon, 18 December 2017
CW 925 - Portable Society - Bubble Economy, Client Case Study, Sharing Economy, Bitcoin Mania with Naresh
In part one of Jason Hartman's interview with client Naresh, the two discuss what led Naresh to buy his first income properties, why he is now veering away from investing in things like the stock market and cryptocurrencies, and how our portable, sharing economy is changing everything.
Naresh is currently purchasing his second rental property while RENTING his apartment in Florida, something most people would consider the "wrong" decision.
[7:03] How Jason & Naresh first met
[9:33] How the "portable society" impacts you as a real estate investor
[13:01] The world is changing faster than ever before, so we need to throw a lot of our old ideas out of the window
[19:28] We'd all love to get something for nothing, but really we're just gambling
[22:38] An interesting piece of education from Naresh's recent trip to Columbia that shows the value of the dollar
"Nothing is bigger than the American brand, no brand has more value than the United States of America brand"