Accredited Income Property Investment Specialist (aipis)

George Gammon interviews Jason Hartman about The Jason Harman Risk Evaluator. In Part I of this three part series, Jason describes his ‘aha moment’ after 19 years of experience in Real Estate. The story begins with a call from Jennifer, an insurance agent in Irvine, California that leads to the necessity and application for understanding the LTI (Land to Improvement ratio). George Gammon shares an exhausting experience with lot subdivision and development. Eric, the appraiser comes out with good news prompting the question, “how would you allocate the new value between the two primary components, land and improvement?” Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market. Key Takeaways: [2:20] “No such thing as a passive investment” [4:03] The Hartman Risk Evaluator, LTV and LTI ratios discussed [7:28] The call from Jennifer, the insurance agent [9:45] What factors increase improvement value [19:38] The ingredients of a house, labor costs