2195: Empowered Investing: Mastering Self-Management, Control and Outgrowing Dave Ramsey's Advice

Join Jason today as he broadcasts from Warsaw, Poland as he discusses the importance of self-management and maintaining control as an empowered investor. He emphasizes "commandment number 3: thou shalt maintain control" to avoid potential issues like fraud, incompetence, and excessive management fees. He highlights the ongoing controversy surrounding Marco Santorelli and Norada Real Estate, using it as an example of why direct investment is crucial. He also critiques Dave Ramsey's approach, suggesting that while Ramsey's advice is helpful for beginners managing debt, it falls short for investors seeking to build wealth. However, you can listen in as he plays one of Dave's videos and admits, in this particular case, he got the housing situation right- from 2 years ago!

Jason then encourages listeners to join his Empowered Investor Pro group for deeper insights. EmpoweredInvestor.com.

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Key Takeaways:

Jason's editorial

1:22 Scamtirelli- the Norada Debacle and always maintaining control

4:35 A Dave Ramsey video: Housing prices are NOT coming down!

Self-Management Empowered Investor Pro meeting part 3

13:00 Seeing the potential tenants coming in

14:14 LLC friendly banks and deeding

19:03 Sourcing section 8 tenants and the Fire Your Manager program

26:59 1 property free and clear or 5 properties with 100k down

28:51 A sample of hybrid self-management

30:02 Warranty or construction defect

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