AIPIS 68 - Indianapolis Investing with David Porter

David Porter first became a real estate investor in the California area and then branched out to Indianapolis with Jason's company. He has made about a 700k appreciation since he has started. Jason and David have worked together since 2009 and they have quite a bit of catching up to do. David also shares some important insight as to what he looks for when purchasing a home in an area he's never stepped foot on.

Key Takeaways:

4:10 – David has been working with Jason's team since 2009.

9:30 – David talks about how he got into real estate investing.

18:20 – It's incredibly hard to predict stocks because the banks and government policy often interfere

with the numbers.

21:30 – Debt it sometimes a good thing, especially when investing in property.

24:25 – David talks about his shipping background and what his company does.

28:10 – Will China take over the US economy? Jason thinks not yet.

33:40 – Remember, The US's ability to print as much money as they want is what saved the economy. How long will it last? Jason and David think it could go on for a while before the system breaks.

39:15 – It's a fantastic time to be alive. There's so much cool technologies on the way. Jason talks a little bit more about this.

48:30 – David breaks down the 'free lunch' metric he uses to purchase homes.

55:35 – David does a recap on the amount of money he has made over the years with Jason's company.

Mentioned In This Episode:

Abundance by Peter Diamandis

Makers by Chris Anderson

Khan Academy

David Porter's first interview - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/