Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
undefined
Dec 6, 2019 • 35min

1341 FBF: Portfolio Makeovers & Provider Hall of Shame with Muthiah

Today's Flash Back Friday comes from Episode 997, originally published in May 2018. Jason Hartman starts off the show with client Doug about portfolio makeovers, why you should stay in the game for the long run, and the fallacy of the passive investment. Doug got out of the real estate business just before the (positive) market correction and missed out on a lot of money. Then, Jason finishes his client case study with Muthiah. This time the two look at the actual process of Muthiah filing a claim against a bad provider and how he was about to get restitution after some avenues had failed. Jason also explains how to get a hold of his Hall of Shame resource list, and why you should file complaints even if they're not likely to help you alone. Key Takeaways: [5:05] There's no such thing as a passive investment, but there are some things that are easier [9:16] If you do the math properly, real estate versus the stock market isn't even a competition [12:15] The problem with being too passive is you don't learn from your successes or failures Muthiah Client Casey Study, Part 2 [20:00] Muthiah has never tried to self manage his current 20 properties [23:00] Want Jason Hartman's Hall of Shame resource list? Fill out any form on JasonHartman.com [25:18] Muthiah's process of filing complaints against the provider [29:48] You're not just filing these complaints for yourself, it's your duty to protect other people Website: www.JasonHartman.com/Properties
undefined
Dec 5, 2019 • 34min

1340: Think & Grow Rich by Napoleon Hill & Success & Something Greater, Your Magic Key with Sharon Lechter

Jason Hartman takes a deep, deep dive into Napoleon Hill's work in today's show. We first start off dissecting the ideas that Napoleon brought out in his work Think & Grow Rich. Jason looks at various aspects of the book and how we can use them in our lives today and what power they have when used properly. Then Jason talks with Sharon Lechter, former CEO of Rich Dad & Pay Yourself First and author of Success & Something Greater: Your Magic Key, about her experiences with both the Rich Dad company and the Napoleon Hill Foundation. Sharon provides unique insights into the impact both organizations have had on society today, as well as what she has discovered success means for various people. Key Takeaways: [5:55] There's a lot more fulfillment in life available if we are not completely attached to the outcome [10:22] Specialized knowledge has long been a must for true success [14:49] The power of the mastermind is real and incredible Sharon Lechter Interview: [20:45] Napoleon Hill one of the original self-help authors? [25:00] The different types of success Sharon saw while writing her latest book [27:21] Why the man who sold the patent for the jet ski for $75,000 doesn't regret it Website: www.SharonLechter.com Success and Something Greater: Your Magic Key www.JasonHartman.com/Ask
undefined
Dec 4, 2019 • 35min

1339: P/PC Balance, Taking Action & 3 Forms of Power

Jason Hartman begins today's show discussing something he has been promising for a while, which is the P vs PC balance. You can't go full P(production) or full PC (production capacity), you have to find a balance. Just like, as investors, we have to find a balance between action and education. Then we have a clip from one of Jason's speeches at Profits in Paradise where he discusses the 3 forms of power. Key Takeaways: [2:55] Social mobility is still possible but it's harder than ever before [5:49] A clip from the Amazon documentary "Park Avenue: Money, Power and the American Dream" [13:31] The P vs PC balance [19:25] Quit getting ready and go Profits in Paradise Live Clip: [24:04] The 3 forms of power [30:56] Think of ways you can use technology to improve your real estate business Website: www.JasonHartman.com/Properties
undefined
Dec 3, 2019 • 22min

1338: Leading v Lagging Indicators, Housing Starts, Business Migration with Ali Wolf

Jason Hartman begins today's show with a little good news and a little bad news. Along with that Jason explores the idea of seeing the world in black and white and how getting older helps with that. Then Jason finishes his interview with Ali Wolf, Director of Economic Research at Meyers Research, LLC., regarding what indicators you can expect to be leading and which are likely to be lagging. Some that seem like they could be leading are actually usually lagging and can hurt you if you invest off of them. Ali explains some ways she's been able to potentially see a downturn coming up to 3 years off. Key Takeaways: [9:05] Bad news: More and more businesses are fleeing California [10:20] Good news: homes are finally getting built Ali Wolf, Part 3 [12:56] Consumer confidence, GDP and Non-Farm Payrolls are examples of lagging indicators [17:21] Potential leading indicators that can forecast a downturn years ahead Website: www.MeyersResearchLLC.com www.JasonHartman.com/Properties
undefined
Dec 2, 2019 • 26min

1337: Mortgage Rates, Interest Rates, Short-Term Rental Laws & Housing Starts

Jason Hartman and investment counselor Adam begin today's show discussing two important things for a real estate investor: laws and the future. First off is good news for those investors that are fighting laws that restrict the ability of property owners to run short-term rentals. Then Jason and Adam discuss some good housing news that could lead to a happy 2020 (at least for housing). Then Jason talks to in-house economist Thomas about interest rates. There's been some movement up and some movement down, but Thomas has an opinion on where he thinks rates will go in 2020 and why he believes that. Key Takeaways: [4:17] The City of Austin lost a key case regarding short-term rental laws [9:41] Make sure that you're not investing in a mania when you're looking at short-term rentals, and make sure your portfolio balance reflects that [11:39] There's pre-demand in the housing market right now, which is a good sign for housing in 2020 Jason & Thomas: [17:10] The Fed only indirectly influences mortgage rtes [19:09] Why Thomas believes mortgage rates will go up in 2020 [21:20] The 2 Central Bank forces that will push inflation back up [23:47] Why a $315 billion drop in money supply is important even though it's not much of a percentage of worldwide supply Website: www.JasonHartman.com/Properties www.JasonHartman.com/Ask
undefined
Nov 29, 2019 • 38min

1336 FBF: Self Management Revolution & Fixing Affordable Housing with NHP Foundation's Richard Burns

Today's Flash Back Friday comes from Episode 994, originally published in May 2018. Jason Hartman wants to prepare you for the coming revolution. The self management revolution is coming, and it's time to see if you're up for the challenge. There are things that you need to do before you take the plunge, and Jason outlines some of them here. Then, Jason talks with CEO of the NHP Foundation, Richard Burns, about the affordable housing crisis in the United States. The current method of creating affordable housing isn't working for anyone, but Richard thinks there's a way that it can be solved that benefits all parties. Key Takeaways: [2:34] The coming revolution of self-management [5:36] Drew's first taste of self-management [7:45] Some steps to take before going full self-management [11:09] Freddie Mac's new program [15:23] Join Jason for his events in Philadelphia and New York, www.JasonHartman.com/Events Richard Burns Interview: [17:45] What solutions are available for affordable housing? [20:38] The two components of real estates value [22:20] We are nowhere near meeting the affordable housing demand, so what do we do? [26:17] Where did the high paying, real careers go that made people end up in careers that were meant to be stop-gap jobs? [28:25] What does Richard's non-profit do? [31:59] Richard's thoughts on rent control [33:51] What the Baby Boomer survey showed Website: www.NHPFoundation.org
undefined
Nov 28, 2019 • 14min

1335: Giving Thanks for What We Have & 5 Things You Should Be Grateful For Today

On this Thanksgiving Day, Jason makes note on some things he has in his life that he is most thankful for. It's important that we take time to make note of these in our hectic lives. So in today's shortened episode that's exactly what we're doing. Website: www.JasonHartman.com 5 Things You Should Be Grateful For Today!
undefined
Nov 27, 2019 • 33min

1334: Mortgage Rates, Fannie Mae Loan Limits & Increasing Property Values

Jason Hartman and Adam join forces today to discuss a big development in the mortgage market. Fannie Mae/Freddie Mac conforming loan limits are being increased again, this time to over $510,000, which will have substantial impacts on the housing market overall. Later, Adam talks with one of the network lenders about where interest rates are today and what a weakening economy in 2020 might put them in a few months. Key Takeaways: [2:11] Fannie Mae and Freddie Mac are increasing the conforming loan size to over $510,000 [7:03] Conforming loan limit increases generally lead to home price inflation [10:54] The higher loan limit might impact hybrid markets more than cyclical [14:57] Insights from Voxer messages left by listeners [18:33] Technology is increasing the value of our properties Adam Mortgage Minutes: [24:57] Current rates for a $100,000 property with 20 or 25% down [28:22] How might rates react if we see weakening in the economy that some are predicting in 2020? [30:08] Mortgage starts don't seem to be slowing down for investors Website: www.JasonHartman.com/Properties
undefined
Nov 26, 2019 • 35min

1333: Client Case Study with Jaden Zubal: New Construction vs Renovated Properties, Millennial Investing & Money Tiers

Jason Hartman has another client case study, this time with 26 year old Jaden Zubal, an associate wealth strategist at Paradigm Life. Jaden started attending events when he was 22 or 23 and recently got into the real estate game by purchasing properties in Jacksonville, FL and Memphis, TN. Jason and Jaden discuss how Jaden decided that new construction was the way for him, what market he likes for his next as he diversifies geographically, and how the 10 Commandments of Real Estate Investing have helped him along the way. Plus, check out the link below and you can get a free audio and digital copy of Heads I Win, Tails You Lose by Pat Donohoe, as well as a complimentary consultation with Jaden. Key Takeaways: [2:45] Good news for Texas property owners [4:42] Housing inventory is even worse than we thought [7:43] The average home listing price in America is $312,000 Jaden Zubal Client Case Study: [10:31] Jaden attended his first Meet the Masters in her early 20s [13:33] Which of Jason's commandments Jaden has found most useful in his investing journey [16:24] The 2 things Jason believes Maslow left out of his hierarchy of needs [18:50] The first 2 tiers of safely growing your money and keeping it protected [23:46] Student loan debt is creating a generation of people feeling pessimistic about their financial future, so what's going to come of them? [26:08] One of the separating elements of Jason's network is the value of the investment counselor [30:12] What changed Jaden's mindset on new properties vs renovated Website: www.ParadigmLife.net/Jaden jzubal@paradigmlife.net www.JasonHartman.com/Properties
undefined
Nov 25, 2019 • 32min

1332: FICO Scores, Florida Real Estate & Population Migration

Jason Hartman and Investment Counselor Doug takes today's episode to discuss what's going on with the average FICO score across generations. The average FICO score is not something that Americans can be proud of, but it provides some serious advantages to real estate investors. Then Jason and Doug highlight several Florida properties that are able to cash flow with new construction, which is something that is getting harder and harder to do in today's environment. Florida is becoming a bigger draw to those running away from high tax states, which is driving their real estate market. Key Takeaways: [2:55] FICO scores are low across all generations [6:18] You want a good credit score, not a perfect credit score [10:40] Real estate takes about 8% in transaction costs [16:05] Doug spotlights a Florida property [19:43] Blogcast: How does inflation devour debt? [23:39] Migration of residents will cause a shift in ownership in the old areas [26:47] Real estate markets tend to expand and contract from the top Website: www.JasonHartman.com/Properties

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