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157: War on the Middle Class, Cantillon Effect, Refi Till You Die, Index Fund Investing, Appreciation, Equity Build Up, Tax Benefits, Leverage, Cash Flow, Lou Dobbs

Solomon Success » Podcast

Release Date: 02/19/2022

Today Jason welcomes one of their investment counselors, Evan as they talk about the war on the middle class and how they have taken it upon themselves to help them find a way out which is investing in income property. They also expound on an Oklahoma property’s proforma and the many ways income property is an amazing, multi-dimensional asset class enumerating several ways of getting your return on investment- appreciation, equity build up, tax depreciation or tax benefits, leverage, cash flow and inflation induced debt destruction.

Key Takeaways:

2:26 How significant is the problem

5:20 Meritocracy and social mobility

8:16 There is a way out: income property

10:35 Jack Bogle and Index fund investing- why we should care

12:39 The DOW and the S&P 500 and venture capitalism

17:04 Your core strategy and a different mindset about money

20:51 An Oklahoma property study, the 1% rule and the overall ROI

26:07 Invest in income property leveraging government and bank funds

30:02 Join the Creating Wealth live and virtual event this coming January 2022

Tweetables:

Concentration creates wealth; diversification perpetuates wealth- Jason Hartman

Income property is the most historically proven asset class in the world- Jason Hartman

Mentions: 

“War on the Middle Class” by Lou Dobbs

Jack Bogle, Founder of the Vanguard Group

 


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