Jason Hartman Foundation

153: Global Hibernation, Coronavirus Best/Worst-Case, IIDD Profits, Self-Management Tips, Guest Drew Baker

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Sinopse

Almost speechless, Jason Hartman discusses financial strategy along with best/worst-case scenarios in dealing with the Coronavirus. The economy of planet Earth is possibly facing a global hibernation, how long will it last, and how will we recover?  In today’s second segment, Jason speaks with guest Drew Baker, about self-management tips and applications to ease some of the hassles. Drew speaks about his experiences with the value of quality tenants.  Key Takeaways: [2:51] The economy of planet Earth is going into hibernation mode [4:08] “Buy on fear, sell on greed.” -Warren Buffet [6:28] How do you recover from a couple of months sliced out of an annual GDP? [8:15] Exploring best/worst-case hypotheticals [12:05] Supply/demand shock [14:00] Inflation Induced Debt Destruction profits to come [17:30] Drew Baker [18:43] Buildium vs Property Tracker [23:00] A better quality tenant can make for an easier self-management experience, a lower quality tenant makes the property manager a little more needed [27:00] A gr