CW 427: Exporting Free Trade & Warfare with Sean Haugh - 2014 Libertarian Candidate for the US Senate in North Carolina

On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price.

Senate Libertarian candidate, Sean Haugh, features as Jason’s guest and together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign.

Takeaways

02.00 – Jason Hartman’s personal risk evaluator model relies on construction cost and land cost, and this is a great way to minimize risk when investing in real estate.

06.30 – If you’re building in a higher price area, you’re going to have to pay your contractors more because they have to be able to afford to live in that area.

11.10 - Three sources of assessing your land value: tax collector or assessor for property taxes, an insurance broker - an insurance company selling you a policy based on the property, and an appraiser.

17.45 – If you’re interested in looking for the sorts of properties that can offer you regression to replacement opportunities, come along to the Birmingham, Alabama property tour in November.

20.10 – For more information specifically about risk assessment in investing, go to www.JasonHartman.com and type in ‘Hartman risk evaluator’ into the search bar to find podcasts and blog posts.

22.30 – Another recommendation for you is to look for the podcast and YouTube video about how to read a property Proforma. This is a really vital skill you can use to become a better investor.

25.20 – Surely we can’t go to war with anybody unless we have a direct congressional authorization?

31.00 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us.

39.50 – With everything going on in the world, one of the most important things for us to do is work on empowering women.

47.00 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers.

51.20 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also find his YouTube channel by just searching his name.