Creating Wealth Real Estate Investing - Archive Episodes 201-300

Jason Hartman discusses the two California city bankruptcies that occurred in just one week. Both Stockton, California and Mammoth Lakes are seeking bankruptcy protection. Jason has been predicting municipal bankruptcies for about six years now noting how big government simple does not work, more to come. Airbus is investing several hundred million dollars for a new manufacturing plant in Mobile, Alabama in hopes that the Airbus A320 can better compete with the Boeing 737 in the American market – this is good news for income property owners; however, it will take a few years to materialize. Jason reviews investment property proformas at http://www.jasonhartman.com/properties/ in a few of his recommended markets, here are some enticing projections: Atlanta, GA (Stone Mountain area) $99,000 cash-on-cash 19%, overall ROI 37% annuallySt. Robert, MO (Fort Leonard Wood) $215,000 cash-on-cash 22%, overall ROI 48% annuallyBartlett, TN (this was an example of a MISLEADING proforma showing a 114% annual ROI)Memphis, TN