Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side. 

Key Takeaways

1.12 – Jason Hartman asks his influential Aunt Joan about the beginning of her successful lifetime of real estate investing.

5.35 – Low-priced markets might look like the easy way in, but issues could mean big problems later.

12.56 – The Cyber Monday sale at www.JasonHartman.com is now on, with discounts of up to 40%.

19.59 – The information offered by Aunt Joan is available at www.SacRentals.com

26.00 – Be aware, both as an owner and a tenant, about who is paying the city utilities. Owners, flaky tenants could mean this is your responsibility.

39.05 – With tenant selection being so vital to success, you really need to master this in the early stages.

34.25 – One of the reasons that real estate retains such popularity is because it’s such a tangible thing. 

Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.

Key Takeaways

05.40 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped.

10.35 – A look at the options of how we can possibly dislodge the power of big business and government. 

11.42 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy.

14.13 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you.

16.01 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us?

17.38 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer. 

20.08 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see.

22.22 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org 

Mentioned in this episode

The Big Rip-Off by Tim Carney

Obamanomics by Tim Carney

www.AEI.org

www.WashingtonExaminer.com

Today’s Young Wealth Show looks at one of the most successful entrepreneurial stories of recent decades. Jason Hartman invites Brian Smith, the founder and the brains behind UGG Boots to talk about the brand’s unassuming roots, the difficulties of the early years and the steps associated to selling a brand such as UGG. They also discuss many of the points raised in Brian’s upcoming book The Birth of a Brand, which applies an interesting new metaphor to the concept of brand identification and development. 

Key Takeaways

02.19 – The founder of UGG Boots, Brian Smith, describes the brand’s humble beginnings.

06.45 – Experience can sometimes hold you back more than help you out – if you knew all of the obstacles in your way, would you ever start anything?

11.22 – Every image you give out to your target market sends out a message about your brand. Make sure it’s the right message.

15.26 – Understanding business means understanding that you can’t give birth to adults.

24.34 – You need to be able to answer 4 main questions for an investor to even consider taking you seriously. 

27.15 – Never underestimate the power of product placement – it worked wonders for UGG Boots.

30.41 – In business, you have to understand which aspects you’re good at and enjoy, and which you don’t.

33.38 – For more information about Brian Smith, head to www.BrianSmithSpeaker.com 

Mentioned in this episode

The Birth of a Brand: Launching Your Entrepreneurial Passion and Soul by Brian Smith