393: Income Property Client Case Study Chad Hewitt

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