Jason Hartman
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's very speculative. It's just super speculative.
It's very speculative. It's just super speculative.
Right, no. Real estate's a very,
Right, no. Real estate's a very,
unique asset class I think it's just the it's only the best asset class that anyone could be in yeah no question I just and I know you support that so dude you and I you know what here's a comparison you know all these corporate raiders right that we've all heard about T. Boone Pickens Carl Icahn all these billionaires okay they have a strategy Justin and their main strategy that became really popular in the late 80s is called the LBO the leveraged buyout
unique asset class I think it's just the it's only the best asset class that anyone could be in yeah no question I just and I know you support that so dude you and I you know what here's a comparison you know all these corporate raiders right that we've all heard about T. Boone Pickens Carl Icahn all these billionaires okay they have a strategy Justin and their main strategy that became really popular in the late 80s is called the LBO the leveraged buyout
As real estate investors, we're doing LBOs. That's exactly what we're doing. The LBO strategy is this. They identify a company and hopefully this company, the sum of its parts are worth more than it's trading for.
As real estate investors, we're doing LBOs. That's exactly what we're doing. The LBO strategy is this. They identify a company and hopefully this company, the sum of its parts are worth more than it's trading for.
Okay. They go in and they try to buy the company and they just pile debt on the company. And then they make the company, once they acquire it, pay the debt back with its own earnings. That's exactly what we do with rental properties. We pile debt on it, and then we make the tenant pay the debt.
Okay. They go in and they try to buy the company and they just pile debt on the company. And then they make the company, once they acquire it, pay the debt back with its own earnings. That's exactly what we do with rental properties. We pile debt on it, and then we make the tenant pay the debt.
Okay? And then we get inflation-induced debt destruction and all these other things. There's just no other asset except doing LBOs. Yeah. If you're in that game, which would probably be better because I'd be bigger. Yeah. It has the same characteristics as a leveraged buyout. BLBO.
Okay? And then we get inflation-induced debt destruction and all these other things. There's just no other asset except doing LBOs. Yeah. If you're in that game, which would probably be better because I'd be bigger. Yeah. It has the same characteristics as a leveraged buyout. BLBO.
Yeah, thanks. So the Creating Wealth Show is my main podcast. I've been podcasting for 21 years now, and we've got over 2,000 episodes on the Creating Wealth Show. So just look up Jason Hartman on any podcast platform. YouTube, look up Jason Hartman, and you'll find my channel there. We've got, I think, over 1,000 videos on YouTube now. And my main website is just my name, jasonhartman.com.
Yeah, thanks. So the Creating Wealth Show is my main podcast. I've been podcasting for 21 years now, and we've got over 2,000 episodes on the Creating Wealth Show. So just look up Jason Hartman on any podcast platform. YouTube, look up Jason Hartman, and you'll find my channel there. We've got, I think, over 1,000 videos on YouTube now. And my main website is just my name, jasonhartman.com.
And we've got an event coming up, by the way, which we might see you at. I don't know if you're going to make the trip, but it's in Southern California in April. And it's called Empowered Investor Live. My main company is called Empowered Investor.
And we've got an event coming up, by the way, which we might see you at. I don't know if you're going to make the trip, but it's in Southern California in April. And it's called Empowered Investor Live. My main company is called Empowered Investor.
This year is the hardest year ever to predict the real estate market.
This year is the hardest year ever to predict the real estate market.
Why? Because there are so many wild cards. Trump is the wild card of wild cards. The average construction worker now is almost 50 years old. In the past, you know, it was guys in their early 20s. Nowadays, these guys have aged. They're all 50. And there is a giant shortage of construction workers. And that's going to make the supply demand equation out of balance.
Why? Because there are so many wild cards. Trump is the wild card of wild cards. The average construction worker now is almost 50 years old. In the past, you know, it was guys in their early 20s. Nowadays, these guys have aged. They're all 50. And there is a giant shortage of construction workers. And that's going to make the supply demand equation out of balance.