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Jason Hartman is a real estate investment expert and has been involved in over 1,000 real estate transactions. Today on the Commercial Investing show he talks to an audience about real estate, his feelings on gold, and why you should stay away from bitcoin at this current time.

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Key Takeaways:

3:00 \\u2013 Jason doesn\'t invest for appreciation, but there has been some great appreciation last year.\\xa0

10:30 \\u2013 What\'s great about property is that it is as a multidimensional asset class.\\xa0

13:40 \\u2013 People have a hard time cutting loses, we try to make up for what we lost, but sometimes it\'s best to simply just let it go.\\xa0

16:00 \\u2013 It\'s more expensive to be an owner, because it\'s more expensive to burrow now.\\xa0

18:50 -\\xa0\\xa0Real estate is not very liquid, which means that it takes longer to crash than other markets.\\xa0\\xa0In this segment Jason talks about why real estate is sticky.\\xa0

25:20 \\u2013 A pastor once said to Jason, \\u201cWe don\'t really own anything. We are just trustees from birth to death.\\u201d

28:30 \\u2013 Jason has a hard time understand how you mine bitcoins and the whole concept of a virtual currency.\\xa0

35:15 \\u2013 Jason thinks bitcoin will be outlawed soon. He thinks bankers will find away to stop it. When bitcoin is being used as currency in the stock market, that\'s when it\'s here to stay.\\xa0

38:44 \\u2013 People can steal your money, your gold, but it\'s hard to steal your income property.\\xa0

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41:20 \\u2013 Gold is a pace-keeper,\\xa0\\xa0it doesn\'t exceed your wealth.\\xa0

Mentioned in this episode

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The Ascent of Money\\xa0by Niall Ferguson