Jason Hartman is happy to bring one of his clients, Adam Jackson, on to the show to talk about his journey into real estate investing. Adam started buying properties toward the end of 2016, and has subsequently purchased 11 homes in the past year on his quest for financial freedom.
Adam shares what markets he’s currently invested in, where he’s looking to expand, keeping score with personal financial statements, and keeping a healthy balance.
[1:47] Who is Adam Jackson?
[7:26] Where Adam bought his first property, and why
[9:36] Why Adam chose to buy a home with cash
[17:26] When you suffer through an expensive repair, remember that your loss is shared by the government on your tax return
[20:03] How to keep score via financial statements
[24:57] The P vs PC Balance
[28:03] Adam’s attempt at the abundance mentality and trying to pass along whatever wisdom/money/time he can
[31:44] Focusing on a few things in-depth is better than a little bit of everything
“The other asset, that people don’t realize they have, is their credit”