393: Income Property Client Case Study Chad Hewitt

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By Hartman Media Comany and Jason Hartman. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network.

Key Takeaways:

[1:15] Owns a scaffolding business is quite similar to owning a short term rental company.

[2:10] Triple net leases simply mean that all expenses pass through to the tenant.

[3:30] Originally inspired by Rich Dad, Poor Dad.

[7:00] Triple net vs. individual residential real estate.

[11:20] Anyone with a decent paying job can get past the 16k barrier to entry.

[14:00] Income property is the most tax-favored asset in America because you can depreciate it.

[20:30] With a 1031-exchange, you don't need to do the recapture when you sell a home.

[25:00] Because of the Green New Deal, the cost to develop your average apartment complex is going to go up.

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

416 episodes