Jason Hartman
👤 PersonAppearances Over Time
Podcast Appearances
Yeah.
Yeah.
Yeah.
Yeah.
Right.
Right.
I call that refi till you die, those last two things. That's right.
I call that refi till you die, those last two things. That's right.
Yeah, no, you got it. Look, income property is the most historically proven asset class in the entire world. There simply isn't an asset class like it because it has special multidimensional characteristics. You alluded to a few of them. You're absolutely right about that. And the other thing is it's the most tax-favored asset class in America.
Yeah, no, you got it. Look, income property is the most historically proven asset class in the entire world. There simply isn't an asset class like it because it has special multidimensional characteristics. You alluded to a few of them. You're absolutely right about that. And the other thing is it's the most tax-favored asset class in America.
And taxes, you were talking about that, are the largest expense in most people's lives. It's funny and silly the way we are as humans. We will shop around for the best price on a vacation, the best price on a piece of clothing, the best price on a car or a TV set or a computer or whatever, but the single largest expense we have is taxes. Yet we won't
And taxes, you were talking about that, are the largest expense in most people's lives. It's funny and silly the way we are as humans. We will shop around for the best price on a vacation, the best price on a piece of clothing, the best price on a car or a TV set or a computer or whatever, but the single largest expense we have is taxes. Yet we won't
Right, that's true, too.
Right, that's true, too.
As long as you can earn more than you're paying in interest, then you're arbitraging that.
As long as you can earn more than you're paying in interest, then you're arbitraging that.
Yeah, there are. You know, there's one more upside that you didn't mention, and I'm sure everybody watching or listening has friends like this, or maybe you are this type of person, and you do too. You know, the other thing about your real estate portfolio is it's not easy to spend it. So if you have a spending problem or a gambling problem or something, it's not that easy to access the money.
Yeah, there are. You know, there's one more upside that you didn't mention, and I'm sure everybody watching or listening has friends like this, or maybe you are this type of person, and you do too. You know, the other thing about your real estate portfolio is it's not easy to spend it. So if you have a spending problem or a gambling problem or something, it's not that easy to access the money.
That's right. Which is a good thing because it sort of works in the background and it's just kind of chugging away 24-7, 365. And, you know, you kind of don't think about it being there. But when there is an emergency, like you were saying, you can tap it. Right.
That's right. Which is a good thing because it sort of works in the background and it's just kind of chugging away 24-7, 365. And, you know, you kind of don't think about it being there. But when there is an emergency, like you were saying, you can tap it. Right.