Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman

Episodes

Mentioned books

undefined
Dec 20, 2019 • 38min

1351 FBF: Long-Term Tenants, Rent Increases & What Taylor Swift, Uber, and Robots Tell Us About Money with John Tamny

Today's Flash Back Friday comes from Episode 1003, originally published in May 2018. Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases. Then Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. Key Takeaways: [5:01] If your tenants are there too long it might be a sign your rent is too low [10:22] Some tips on long-term tenant retention [14:49] Evictions don't just stem from not paying rent John Tamny Interview: [19:57] How Uber made John realizing something about the Fed [23:40] The importance of the Fed is vastly overstated [28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic [31:39] Demographic arguments regarding Japan don't hold a lot of weight with John [35:26] Money flows to its highest use, regardless of the Fed Website: www.VentureAllianceMastermind.com www.RealClearMarkets.com
undefined
Dec 19, 2019 • 31min

1350: When They Come For You with David Kirby

What can you do when the government comes and seizes your assets? Jason Hartman and David Kirby, investigative journalist and author who was a regular contributor to The New York Times, Huffington Post and TakePart, and author of the new book When They Come For You, look into the practice of asset forfeiture, both civil and criminal. The two search for answers to the question of what regular citizens can do about the problem, as well as which states are really leading the charge in protecting their citizens. Key Takeaways: [1:40] Police departments have become the modern day debtors prison [6:40] The issue of debtors prison goes far beyond just the person who's incarcerated [10:10] The egregious action of civil forfeiture [17:31] What we can do about asset forfeiture [20:40] Nebraska and New Mexico now have no asset forfeiture and 15 states now require a criminal conviction Website: www.DavidKirbyAuthor.com www.JasonHartman.com/Properties
undefined
Dec 18, 2019 • 23min

1349: Paul Volcker Breaking Inflation & When Will the Recession Come?

Jason Hartman starts today's show examining a PBS News Hour story about the legacy of Paul Volcker. As you know, Volcker passed away recently, but the impact he had on multiple presidents still resounds. Then Jason talks with Rabbi Evan Moffic about where we might be in the business cycle as we continue moving along in the longest economic recovery in recent history. Key Takeaways: [5:47] PBS News Hour story on Paul Volcker [9:10] Reagan's business plan was to put the Soviet Union out of business, and running up the deficit didn't cause the inflation everyone expected [16:42] The next recession will not be real estate led [19:39] The recovery didn't hit "par" from the Great Recession until 2013, so it's not quite so surprising we haven't had a recession in a decade Website: www.JasonHartman.com/Properties Remembering former Fed chair and economic giant Paul Volcker
undefined
Dec 17, 2019 • 27min

1348: Property Profile, Wage Growth & Labor Participation Rate

Jason Hartman starts today's episode from the Ritz-Carlton in Key Biscane, FL. He has created a new ratio for you to think about that can be put alongside the Rent-to-Value Ratio and all the other ones Jason has coined. Then he explores the concept of the unemployment rate versus the labor participation rate, the differences between them and what that means. Then investment counselor Adam joins Jason to discuss a property in Mobile, AL and also to look at the growing wages in specialized blue collar jobs. The two explore how this will impact real estate values and what it could mean to 4 year colleges. Key Takeaways: [5:06] Jason's newest ratio [8:52] Unemployment Rate vs Labor Participation Rate [13:32] The discouraged worker skews unemployment stats [15:02] A property profile in Mobile, AL [18:56] Blue collar wages are enticing people away from 4 year colleges [24:28] How rising blue college wages rising could impact real estate and the cost of repairs to our investment properties Website: www.JasonHartman.com/Properties The Unemployment Rate and the Labor Force Participation Rate Compared in One Minute Is the Unemployment Rate Lying to You?
undefined
Dec 16, 2019 • 31min

1347: Mortgage Market, Home Flipping & Inventory Levels with Chris Mason

Jason Hartman starts today's show discussing the level of home flipping that's in the market right now. We're at a 7 year low, which means something in the marketplace today. It's important to accept today's landscape and figure out ways to invest in spite of that. Then Jason talks with Chris Mason, mortgage broker, about what is happening in the mortgage market today, lending standards, and whether we're in danger of seeing another bubble burst. Key Takeaways: [2:47] Home flipping isn't what it used to be, reaching a 7 year low [8:02] We need to accept reality that inventory is tight and properties are more expensive [11:25] The magic 2 words for a landlord Chris Mason Interview: [15:26] What increased loan limits mean for the mortgage market [19:23] Are FICO scores really a good criteria for borrowers? [22:16] Are financing rules getting too liberal again? [26:15] Are interest only loans still available? Website: www.JasonHartman.com/Properties www.EastBayMortgageBroker.com
undefined
Dec 13, 2019 • 34min

1346 FBF: Home Inspections, Financial Repression & Tax Refugees with Kerry Lutz

Today's Flash Back Friday comes from Episode 1009, originally published in June 2018. Jason Hartman talks with Financial Survival Network's founder Kerry Lutz for the whole episode today, as the two discuss the very important concept of financial repression. While financial repression is bad for individuals, it can be very lucrative for people who have invested in real estate properly in their younger years. The two also discuss the current phenomenon of "tax refugees" being created by states like California, and where these refugees are fleeing too, as well as when they expect any economic pullback to happen and what Trump is doing that the mainstream media isn't paying attention to. Key Takeaways: [6:03] Make sure you get a home inspection and make sure you actually read it and learn the language [9:211] What is financial repression? [13:09] Financial repression is a great opportunity for those who invest in real estate [16:45] Tracking the "tax refugees" leaving California [23:16] What kind of economic outlooks has Kerry been hearing from the guests on the Financial Survival Network? [27:14] The mainstream media is missing the fact that Trump is now making large chunks of the government irrelevant Websites: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com
undefined
Dec 12, 2019 • 30min

1345: CapEx, 1031 Exchanges & Homebuyers Getting Older

Jason Hartman and investment counselor Adam explore the phenomenon of aging homebuyers in this episode before getting to some listener questions. Since the Great Recession the average age of homebuyers has skyrocketed into the upper 40s, about a decade older than it was before. Adam and Jason explore the reasons behind this shift and what it could mean for investors moving forward. Then Jason and Adam answer 2 listener questions, one about Capital Expenditures and one about when NOT to do a 1031 Tax Deferred Exchange. Key Takeaways: [4:16] The median age of homebuyers is now 47 [7:30] The downside of home ownership in this digital nomad society [12:06] The history of homebuyer ages [17:37] Are big CapEx like roofs and HVAC included in the pro forma maintenance percentages? [21:12] Always ask for a Scope of Work prior to entering into a contract [23:16] When shouldn't you do a 1031 Exchange? [27:56] A property profile in Indiana Website: www.JasonHartman.com/Properties
undefined
Dec 11, 2019 • 32min

1344: What's Next in the Economy & Repo Market with George Gammon

Jason Hartman talks with George Gammon, real estate investor, entrepreneur, investor and TV producer, about what's happening in the repo market and how that impacts the overall economy moving forward. The two address misconceptions about several aspects of investing and whether you should be happy or dismayed about certain aspects of the new Trump tax plan. Key Takeaways: [3:50] Our longevity is going to be greatly changed in the next 20 years George Gammon Interview: [10:50] What is the repo market and why does it matter in the macroeconomic world? [16:30] Money market funds are big players in the repo market [19:05] The only "cheap" investment in today's economy is a 30 year fixed rate mortgage [23:05] The new tax law has changed the way inflation is dealt with, and George doesn't think it'll be good long term Website: www.YouTube.com/GeorgeGammon www.Twitter.com/GeorgeGammon
undefined
Dec 10, 2019 • 38min

1343: Paul Volcker's Legacy & Thomas W Jones, Federal Reserve Bank, Freddie Mac, TIAA-CREF, Travelers, From Willard Straight to Wall Street

Paul Volcker, former head of the Federal Reserve, passed away December 8. Jason Hartman takes a look back at some of the biggest moments of Volcker's term and what it meant for the United States. Then Jason talks with Thomas Jones, former vice chairman and director of TIAA-CREF, former Chairman and Chief Executive Officer of Global Investment Management at Citigroup, and former Chairman and Chief Executive Officer of Citigroup Asset Management. He was also the former Vice Chairman of Federal Reserve Bank of New York. Jason and Thomas discuss Thomas' entrance into real estate, why Thomas is so bullish on America long term, and what sets America apart from the rest of the world. Key Takeaways: [3:47] Paul Volcker, the former Fed chair credited with "Breaking the back of inflation" has passed away [6:04] Interest rates in 1980 spiked at over 18%, with inflation at 13% Thomas W Jones Interview: [11:50] Thomas and his bride actually started by bidding on 2 burned out buildings in Boston [17:08] Thomas is perennially bullish long term, so dips in the economy are buying opportunities for him [19:21] The changes on Wall Street over the years [23:30] The most disappointing aspect to the reforms that have been made since the Great Recession [28:39] One of the things that really sets America apart is the excited entrepreneurial spirit [32:55] America faced a metaphorical crossroads in the late 1960s [35:44] Our nation doesn't give itself enough credit for how far we've come, even though we still have a ways to go Website: www.JasonHartman.com/Ask From Willard Straight to Wall Street on Facebook From Willard Straight to Wall Street
undefined
Dec 9, 2019 • 32min

1342: Maintaining Control & Learning From the Fall of Enron

Today's episode is Jason Hartman exploring Commandment #3: Thou Shalt Maintain Control a lot deeper. Maintaining control in real estate deals has been discussed quite a bit before, but it's not just real estate where control matters. Jason explores the collapse of Enron and why it was such a surprise and why Commandment #3 is crucial even in those scenarios. Key Takeaways: [4:03] Airbnb hasn't been through a recession yet, so there's a lot that isn't priced in to the market [8:06] The 3 major problems when you give up control in an investment [13:54] The Infographics Show: The Business Deception That Cost $60 Billion [16:59] The phrase "financial innovation" is a red flag when you hear it [23:05] Most companies don't have people inside to pump the brakes, because everyone is incentivized to speak highly and show it in the best possible light [25:26] Derivatives are the thing about the thing, but as an investor you want to be as close to the "thing" as possible Website: www.JasonHartman.com/Ask Jason Hartman Quick Start Podcast The Infographics Show: The Business Deception That Cost $60 Billion

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app