On today’s episode of the BiggerPockets Podcast we have an incredible chat with financial planner, real estate investor, and an all-around great guy – Jason Hull.
Jason has a great story of how his early mistakes led to his conservative but effective strategy of building wealth through rental property… all without the use of leverage, loans, or doing any labor. Jason has some terrific insight into the way our human behavior causes us to act and invest, – so don’t miss this entertaining and informative show that will have you looking at your real estate in a whole new light.
Read the transcript for episode 53 with Jason Hull here.
In This Show, We Cover:
Getting over-extended with his first deals and facing the housing collapse
The “Oh Crap” backup plan
The only two ways to make money in real estate
Separating your skills from what the market is doing
Getting “lucky” in real estate
Getting to “P.I.R.E.” = Passive Income, Retire Early
Why Jason doesn’t use leverage (mortgages)
How to find an awesome property manager
Working with a Financial Planner
Stocks vs. Real Estate… Where is the balance?
Why you should open a Roth IRA with $100
Links from the Show
Jason’s Post – How NOT to Invest in Real Estate… A Case Study
BP Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy
Facebook Post about “How Would You Spend $100?”
The Two Most Painful Words a Landlord May Ever Hear…
BP Podcast 050: Getting Started and No Money Down House Flipping with Mike Simmons
Books Mentioned in the Show
123 Home Depot
Entreleadership by Dave Ramsey
The Goal by Eliyahu M. Goldratt
The Four Hour Chef by Timothy Ferriss
Tweetable Topics
Invest for the cash flow. The appreciation is just gravy. (Tweet This!)
I want to be lazy when I retire! (Tweet This!)
Having money problems with your spouse is a sign of bad communication. (Tweet This!)
Connect with Jason
Jason’s Website: HullFinancialPlanning.com
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