Hot Seat 6 - Life on Your Terms with Patrick Fleckenstein
Jason Hartman In the Hot Seat · Jason Hartman
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Show Notes
Jason talks with Patrick Fleckenstein about his real estate amendments, recounts his previous real estate dealings, and getting started in real estate.
Key Takeaways:
[2:25] Jason's introduction to real estate
[4:30] Breaking real estate into 3 types of markets, Jason's favorite market, and the most important metric to discover if your deal makes sense
[7:30] The different types of diversification in real estate
[11:45] How running an apartment complex is a business that takes a lot of work
[14:30] Why Jason loves debt (as long as it's not consumer debt)
[19:40] Why education and mentorship is important, but 2 points of caution in regards to them
[21:50] Some calls to action for the novice investor