Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Jun 7, 2019 • 38min

1211 FBF: Mortgage Sequencing, Rough Start But Great Results Client Case Study with Sue & Gary Pinkerton

Today's Flash Back Friday comes from Episode 937, originally published in January 2018. Jason Hartman starts off today's episode discussing the amazing effect of inflation on assets in all markets. Then he turns his attention toward the upcoming Meet the Masters of Income Property event and gives a little taste of what he'll be discussing (hint: core beliefs investors need to have), as well as why there will be a whole host of Local Market Specialists at the event. Then Jason goes into the first part of his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they're investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they're currently in. Part 2 will be aired tomorrow. Key Takeaways: Jason Intro: [3:26] Apple's new code release for their old Lisa computer technology, which would have been a $24,700 desktop today, which shows the power of inflation [6:26] Jason will be discussing the core beliefs that we all need to have as investors at Meet the Masters [8:26] What Gary fails to mention at the start of his client case study Gary & Sue Pinkerton Client Case Study: [17:15] Gary & Sue's first property did NOT start off well [22:05] It's crucial to listen to your wife's intuition [25:57] How Gary & Sue decided to split up their mortgages and why [29:06] Why Gary & Sue picked the markets they're in today Websites: www.JasonHartman.com/Properties
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Jun 6, 2019 • 28min

1210: 31-Day Food Revolution: Heal Your Body, Feel Great, and Transform Your World by Ocean Robbins

In this 10th episode, off-topic show, Jason Hartman talks with Ocean Robbins, decendant of the Baskin-Robbins family and author of the new book 31-Day Food Revolution: Heal Your Body, Feel Great, and Transform Your World, about the state of American's eating today. The two break down how our diets have changed over the years, why some aspects of our diets are the way they are, how to make a more ethical, sustainable world, and more. Key Takeaways: [6:59] Has anything changed since Diet for New America came out? [9:03] There's a lot of money being made on the status quo [12:15] What to do if you want a more ethical, sustainable world [16:34] Jason's theory on meat through the ages [19:23] We aren't getting nearly enough fiber in our diet now [21:08] The key use of willpower is to establish healthy habits Website: www.31DayFoodRevolution.com Jason Hartman's Real Estate Investor Update Alexa Skill
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Jun 5, 2019 • 35min

1209: America's Retirement Savings & Maxifi Your Financial Future with Laurence Kotlikoff, Part 2

Jason Hartman and Doug start today's show looking at how much money the average 20, 30, 40, 50 and 60 year olds have in their retirement savings. There's a discrepancy that can be frightening. Then Jason finishes his conversation with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings. Key Takeaways: [4:29] You need to think about how much you're saving for retirement as well as how you're saving for retirement [8:21] The current average savings for those in their 30s [11:19] Amortization is beautiful because it just happens, there's nothing for you to do [14:14] Your 40s presents both a danger and an opportunity for your retirement savings Laurence Kotlikoff, Part 2 [18:31] Is the future inflationary? [19:58] What do we need to do to plan for the future? [26:16] How much time it takes to input your data into Maxifi [29:52] Many people are saving too much for their later life because they're scared Website: www.JasonHartman.com/Properties www.Maxifi.com www.Kotlikoff.net www.PurplePlans.org Jason Hartman's Real Estate Investor Update Alexa Skill
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Jun 4, 2019 • 41min

1208: America's Retirement Savings Problem & USA's Unfunded Mandates with Laurence Kotlikoff, Part 1

Jason Hartman and Doug start off today's episode with a discussion on the issue of America's retirement savings. There's a looming problem with many people being unable to afford any form of an emergency expense, but also on the other end of the spectrum, as people are getting hit with taxes on their required minimum distributions. Then Jason has the first part of his interview with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved. Key Takeaways: [5:03] The Required Minimum Distribution problem [8:14] Equity values going up 8% a year while the real economy is only going up 2-3%, eventually something has to give Laurence Kotlikoff, Part 1 [17:57] The most recent number the unfunded mandates are going to cost [24:52] Does Laurence believe in Supply-Side Economics? [28:00] Consuming your way to prosperity has never worked before and won't now [31:20] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public's response to the start of the Great Recession [35:03] Laurence's take on Jason's 6 ways the government can get out of its hole Website: www.JasonHartman.com/Properties www.Maxifi.com
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Jun 3, 2019 • 34min

1207: Top 10 Things in the Market & Economy in 2019

Jason Hartman and in-house economist Thomas take today's episode to examine the 10 things that are happening in the US and abroad that are making the most impact in 2019. Among them are the US/China trade war, interest rates, the Mueller Report, millennial household formations, and more. Key Takeaways: [2:13] The best thing that's happened so far in 2019 is lower interest rates [4:54] Household formation for millennials is looking really good for investors [7:36] The Fed being receptive of market conditions has been a good omen for 2019 [12:29] The 3% GDP growth they said we needed to "pay" for the Trump tax cuts happened [15:28] Blogcast on Creative Destruction [21:24] The Mueller Report's impact on the housing market [24:06] The US needs to negotiate with China now before we operate out of a position of weakness [26:19] When China sat out the bond auction recently it created a wild swing Website: www.JasonHartman.com/Properties www.JasonHartman.com/Cruise Jason Hartman's Real Estate Investor Update Alexa Skill
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May 31, 2019 • 53min

1206 FBF: Client Case Study, Clay Slocum: Compounding Returns, Asset Protection, Appreciation Rates & Taxation

Today's Flash Back Friday comes from Episode 892, originally published in October 2017. Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market. Key Takeaways: [01:10] Jason comments on the Las Vegas terrorist attack. [09:30] Compound interest can be a powerful tool against inflation. [15:12] Engineers take an analytical approach to investing. [17:22] After 18 years, $100,000 grow to 14 million. [24:43] Jason explains a Deferred Sales Trust. [28:39] If you are on the fence about investing talk with an investment counselor. [39:33] Asset Protection is a complicated subject you should speak with a lawyer about. [48:58] Resources for tax help. Mentioned in This Episode: Jason Hartman Real Estate Tools - Property Tracker Software Venture Alliance Mastermind Compound Interest Calculator
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May 30, 2019 • 31min

1205: CapEx Repairs, Home Inspections & Market, Screen, Lease, Collect, Maintain & Accounting Self-Management Tool UpTop by Frank Barletta

Jason Hartman and Adam kick off today's episode answering some listener questions from Brenda and Roger. They want to know about how Jason's family was able to make real estate investing work in California, as well as planning for CapEx repairs as a landlord. Then Jason talks with Frank Barletta, Co-Founder and CEO of UpTop, about how his software can help self-managing property owners. Frank explains how UpTop helps landlords deal with leases and maintenance requests, as well as how to use the platform. Key Takeaways: [3:26] Listen Question from Brenda: Jason doesn't like investing in California but his Aunt has successfully invested in Sacramento, CA. How did she succeed? [5:58] Real estate as an asset is so powerful that it can turn decent investments into great investments over time [8:12] How to account for large CapEx repairs [11:46] It's crucial to look at your inspect report thoroughly and make sure the items that were supposed to be done were done properly so you don't get surprise expenses later Frank Barletta Interview: [18:56] What does a landlord do with UpTop? [21:56] Where UpTop makes its money [27:01] How UpTop handles leases [27:48] Dealing with maintenance issues through UpTop Website: www.JasonHartman.com/Ask www.LiveUpTop.com Jason Hartman's Real Estate Investor Update Alexa Skill
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May 29, 2019 • 33min

1204: Jacksonville & St Augustine Market Profile & Market Cycles

Jason Hartman talks with his Local Market Specialist from the Jacksonville/St Augustine markets about what led him start working in these markets, as well as what types of properties are available. The markets offer new construction single family, duplexes, and short-term rentals for purchase that all cash flow. Key Takeaways: [4:35] When Bakersfield real estate stopped making sense, this LMS realized that Florida seemed like a good market [7:20] The media's attempt at scare tactics for investing in real estate can tell you where we are in the cycle [13:34] Jacksonville is still below peak pricing [19:19] The 3 types of properties the Jacksonville/St Augustine markets provide [24:02] Who are the short-term rental target tenants? [27:32] You can cash flow expensive properties, but you have to do it in a different way Website: www.JasonHartman.com/Properties
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May 28, 2019 • 33min

1203: 9 Effects & 2 Types of Inflation, Construction Costs & Trade War Impact

Jason Hartman and Adam examine the Investopedia article they referenced yesterday referring to the 9 common effects of inflation. The 2 types of inflation (cost-push and demand-pull) are also broken down in regards to how they impact your property value and rent. Then the two examine what impact the Trade War with China could have on the markets properties are available in. If production from overseas come back to the United States, where are we likely to see the impact? Key Takeaways: [4:18] The 9 common effects of inflation [9:15] The land value is the one that's susceptible to big swings in value [12:48] Cost-push versus demand-pull inflation [15:57] How the Trade War could create cost-push inflation in the linear markets we're investing in [19:12] If China ever manages to create a middle class they're going to have to deal with a new set of issues, which might make them an inopportune producer [23:59] When labor shortages hit construction it can make it incredibly expensive to build a house and retain the workers needed [28:39] Once the Trade War has ended, look at what job sectors are going to be impacted most and adjust your investing strategy accordingly Website: www.JasonHartman.com/Ask www.JasonHartman.com/Properties 9 Common Effects of Inflation on Investopedia
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May 27, 2019 • 31min

1202: Great Renter Demographics, Pre-Fab Homes, Airbnb & Inflation

Jason Hartman and Adam take today's episode to discuss the growing trend toward a renter nation. But this trend isn't just for the young, it's for all age ranges. Renters in the 60+ demographic have seen an even bigger percentage increase than those in the 20-34 or 35-59. This is phenomenal news for landlords, as more people are competing to live in your properties. They then look into the market for pre-fabricated homes, the impact of recent Airbnb decisions, and a brief glimpse at the 9 effects of inflation that will be discussed further in Tuesday's show. Key Takeaways: [3:12] The over 60 demographic has seen a 43% increase in renters in the past decade [6:52] A survey has found that few millennials are viewing home ownership as a necessity [9:38] How the pre-fab home market is distorted to make it appear to be a cheap alternative [16:18] A look into one of Jason's blogcasts on wealth creation [20:34] Airbnb is giving up the addresses of 17,000 units to New York City. [24:42] A brief look at the 9 effects of inflation Website: www.JasonHartman.com/Properties Jason Hartman's Real Estate Investor Update Alexa Skill

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