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| Jason Hartman of Platinum Properties Investor Network Explains Borrower versus BankerAccording to Jason Hartman, the borrower has the greatest advantage during times of inflation
Jason spoke at a recent meeting for real estate investors where he explained the advantages of being the borrower rather than the banker during times of increasing inflation. “The borrower has the greatest advantage during times of inflation,” said Jason. “It’ Jason explained this concept with a very simple scenario; “Let’s say that you borrow $1,000,000.00 from your banker to purchase income property at today’s interest rate. From his point of view, the banker could take that same $1 million and buy one million loaves of bread for $1.00 each. If the rate of inflation is 10% one year later the real purchasing power of that $1 million will have decreased by 10% so the banker could only buy 900,000 loaves of bread.” The investors who attended the meeting had no problem understanding what Jason was saying. Jason summed up by saying, “In this case, the banker loses purchasing power when he loans you the money; therefore, it’s better to be the borrower because it is your mortgage debt that is losing value over time. If the borrower has made a wise investment then the income property should appreciate while the debt value decreases. Jason Hartman, Founder of Platinum Properties Investor Network, has over 20 years experience as a real estate professional. He purchased a company in 1997, built it to success and sold part of his interest to Coldwell Banker in 2005. Jason kept his part of the company, specializing in real estate investors. Find more interesting information on Jason’s blog at http://thejhartmancompany.blogspot.com/ Contact: Jason Hartman 555 Anton; Ste 150 Costa Mesa, CA 92626 714-820-4200 ext. 110 news@jasonhartman.com This press release has been submitted by Right Now Marketing Group, LLC # # # Right Now Marketing LLC, a company designed to both provide press release and internet marketing services for a wide variety of companies and products, and to educate the general public on how to do press releases yourself. End
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