2195: Empowered Investing: Mastering Self-Management, Control and Outgrowing Dave Ramsey’s Advice
Description
Join Jason today as he broadcasts from Warsaw, Poland as he discusses the importance of self-management and maintaining control as an empowered investor. He emphasizes "commandment number 3: thou shalt maintain control" to avoid potential issues like fraud, incompetence, and excessive management fees. He highlights the ongoing controversy surrounding Marco Santorelli and Norada Real Estate, using it as an example of why direct investment is crucial. He also critiques Dave Ramsey's approach, suggesting that while Ramsey's advice is helpful for beginners managing debt, it falls short for investors seeking to build wealth. However, you can listen in as he plays one of Dave's videos and admits, in this particular case, he got the housing situation right- from 2 years ago!
Jason then encourages listeners to join his Empowered Investor Pro group for deeper insights. EmpoweredInvestor.com.
Get a special discount when you go to JasonHartman.com/Hemlane
#EmpoweredInvesting #SelfManagement #WealthBuilding #DirectInvestment #InvestorTips #RealEstateInvesting #FinancialFreedom #InvestmentStrategies #SmartInvesting #WealthManagement #DaveRamsey #RamseySolutions #FinancialPeace #DebtFree #FinancialFreedom #DebtFreeJourney #BabySteps #FinancialPeaceUniversity #EveryDollar #LiveLikeNoOneElse
Key Takeaways:
Jason's editorial
1:22 Scamtirelli- the Norada Debacle and always maintaining control
4:35 A Dave Ramsey video: Housing prices are NOT coming down!
Self-Management Empowered Investor Pro meeting part 3
13:00 Seeing the potential tenants coming in
14:14 LLC friendly banks and deeding
19:03 Sourcing section 8 tenants and the Fire Your Manager program
26:59 1 property free and clear or 5 properties with 100k down
28:51 A sample of hybrid self-management
30:02 Warranty or construction defect
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This Flashback Friday is from episode 204, published last February 16, 2011.
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