Creating Wealth Real Estate Investing with Jason Hartman
Jason Hartman
Become an EMPOWERED INVESTOR. Survive and thrive in today's economy! With over 2,000 episodes in this Monday, Wednesday, Friday podcast, business and investment expert Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Steve Forbes (Freedom Manifesto), Tomas Sowell (Housing Boom and Bust), Noam Chomsky (Manufacturing Consent), Jenny Craig (Health & Fitness CEO), Jim Cramer (Mad Money), Harvey Mackay (Swim With The Sharks & Get Your Foot in the Door), Todd Akin (Former US Congressman), William D. Cohan ( The Price of Silence, The Last Tycoon, & House of Cards), G. Edward Griffin (The Creature from Jekyll Island), Daniel Pink (National Geographic).
Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.
Jason purchased a Southern California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason's highly sought after educational events, speaking engagements, and his ultra-hot "Creating Wealth Podcast" inspire and empower hundreds of thousands of people in 189 countries worldwide.
Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS - Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul's America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine).
Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer).
A trademark feature of Hartman Media podcasts are our 'Tenth Episodes' where alternative topics of interest are explored every tenth episode. This provides a diverse mix of programming exploring issues and influential authors like John Gray (Men Are From Mars, Women Are From Venus), Dan Millman (Way of the Peaceful Warrior), Dr. Denis Waitley (The Psychology of Winning, The Seeds of Greatness), Lori Ann LaRocco (Opportunity Knocking), Mark Divine (Seal Fit: Way of the SEAL), Dr. Jill Ammon-Wexler (The Power of Belief), Dr. Kelly McGonigal (The Willpower Instinct), Doug Conant (Touch Points), Jared Diamond (The World Until Yesterday), Dr. Bob Wright (The Science of Spectacular Living), Jack Canfield (Chicken Soup for the Successful Soul), Sonia Arrison (The Coming Age of Longevity), Dr. David Rock (Your Brain at Work), Gay Hendricks (Relationship Enhancement), Hannah Holmes (Quirk), Dr. Gary Chapman (The Five Love Languages), David Farrow (Millionaire Memory), and David Allen (Getting Things Done),
Topics explored at depth on Creating Wealth include investing, income properties, property investing, investment strategies, loan modifications, market predictions, mortgage modifications, online marketing, real estate, rental property investing, subprime mortgage crisis, 401K, retirement, Alibaba.com, alternative currencies, alternative energy, ROI, cash flow, American economy, appreciation, arbitrage, Arkansas housing market, artificial intelligence, asset allocation, Atlanta Georgia, income property investing, attorneys, Australian mining, Austin real estate, baby boom generation, baby boomers, banking, bank loans, bankruptcies, Belize, Ben Bernanke, billionaires, bonds, book reviews, boom bust cycles, Boston, brand management, branding, Brookings Institution, Breton Woods, BP, British Petroleum, bubble markets, building wealth, business cycles, business psychology, business travelers, California, California Department of Insurance, CDI, California real estate, capital gains tax, Case-Shiller, Casey Research, cash flow, central banks, certificates of deposit, Chicago, Chicago real estate, China, college tuition, Colorado, commercial investing, commodities, commodity pricing, compound interest, conversions, CPI, Consumer Price Index, Dallas, dark pools, debt ceiling, debt crisis, debt-financed spending, deflation, Detroit, Detroit real estate, digital money, distressed properties, down payment, email marketing, estate tax, high cash flow, home equity, home financing, Indiana, Indianapolis, interest rates, jobless recovery, Kansas City, leverage, libertarian, Little Rock, maintenance warranty, management fees, Manhattan, marketing, Memphis, Miami, Michigan, mircopreneur, middle class, millennials, millionaire, Minneapolis, Minnesota, Missouri, Mississippi, MLS, mobile banking, monetary policy, money market fund, negative equity, new home construction, New Orleans, New York, New York City, North Carolina, Ohio, oil, oil prediction, overpriced markets, packaged commodities, passive income, passive investor, payroll tax, pension, pension funds, pension plans, Platinum Properties, positive cash-flow, price stability, price of gold, price volatility, private money lending, pro forma, property appraisal, property value, real estate arbitrage, real estate tax, rent, rental, renovated homes, rental homes, rental income, rental insurance, San Antonio, San Diego, San Francisco, single-family homes, social marketing, social media, Swiss Franc, Swiss National Bank, Tampa, tax, tax laws, tax bracket, tax lien, taxes, tenant, tenant eviction, Tennessee, Texas, treasury reports, unemployment, unfriendly markets, US housing market, venture capital, volatility, Warren Buffet, Washington, wealth management, whistleblowers, world economy, Zero Hedge.
Additional topics explored on the Creating Wealth podcast include Bitcoin, digital currencies, corporate tax inversions, crowdfunding, inflation, the Federal Reserve, student loan debt, monetary policy, economic challenges facing generation Y, solar energy, 3D printing, medical technology, US dollar, currency exchange, plunging bond rates, personal and commercial bankruptcy, the cost of a college education, digital banking, the American dream, capital gains taxes, asset protection, gold and silver, commodities markets, precious metals, investing tips, structural and personal unemployment, bank regulations, regulatory reform, emerging markets, shadow banking, social media, derivatives, mobile commerce, government regulation, housing market, identity theft, cyber currencies, mortgage lenders, investment properties, VA loans, gold standard, Fannie Mae and Freddie Mac, online auctions, landlord tenant conflicts, tax lien investing, tax law, retirement, contract law, stagflation, home loans, real estate scams, renters, reverse mortgages, foreclosures, euro, European Union, ECB, European Central Bank, the US housing market, micro lending, online security, cyber security, online banking, digital banking, outsourcing, online shopping, Amazon, Apple, Facebook, Twitter, JP Morgan, short sales, austerity, forex, monetary systems, budget surplus, budget deficits, tax cuts, solar energy, consumer debt, consumer price index, property investing, high frequency trading, interest rates, college tuition, cashless societies, credit card debt, credit monitoring, credit ratings, currency trading, refinancing, federal stimulus, financial independence, financial planning, financial literacy, economic growth, economic development, Wall Street, IPO, IRS, Internal Revenue Service, IMF, International Monetary Fund, mobile banking, Elliot Wave theory, free trade, underwater homeowners, foreign investing, oil prices, entrepreneurship, Equifax, federal budget, Keynes, Keynesian, fiat currency, financial scams, global economy, gold standard, income tax, and foreign investment.
[CLAIM:SNDPUAP8]
Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.
Jason purchased a Southern California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason's highly sought after educational events, speaking engagements, and his ultra-hot "Creating Wealth Podcast" inspire and empower hundreds of thousands of people in 189 countries worldwide.
Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS - Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul's America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine).
Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer).
A trademark feature of Hartman Media podcasts are our 'Tenth Episodes' where alternative topics of interest are explored every tenth episode. This provides a diverse mix of programming exploring issues and influential authors like John Gray (Men Are From Mars, Women Are From Venus), Dan Millman (Way of the Peaceful Warrior), Dr. Denis Waitley (The Psychology of Winning, The Seeds of Greatness), Lori Ann LaRocco (Opportunity Knocking), Mark Divine (Seal Fit: Way of the SEAL), Dr. Jill Ammon-Wexler (The Power of Belief), Dr. Kelly McGonigal (The Willpower Instinct), Doug Conant (Touch Points), Jared Diamond (The World Until Yesterday), Dr. Bob Wright (The Science of Spectacular Living), Jack Canfield (Chicken Soup for the Successful Soul), Sonia Arrison (The Coming Age of Longevity), Dr. David Rock (Your Brain at Work), Gay Hendricks (Relationship Enhancement), Hannah Holmes (Quirk), Dr. Gary Chapman (The Five Love Languages), David Farrow (Millionaire Memory), and David Allen (Getting Things Done),
Topics explored at depth on Creating Wealth include investing, income properties, property investing, investment strategies, loan modifications, market predictions, mortgage modifications, online marketing, real estate, rental property investing, subprime mortgage crisis, 401K, retirement, Alibaba.com, alternative currencies, alternative energy, ROI, cash flow, American economy, appreciation, arbitrage, Arkansas housing market, artificial intelligence, asset allocation, Atlanta Georgia, income property investing, attorneys, Australian mining, Austin real estate, baby boom generation, baby boomers, banking, bank loans, bankruptcies, Belize, Ben Bernanke, billionaires, bonds, book reviews, boom bust cycles, Boston, brand management, branding, Brookings Institution, Breton Woods, BP, British Petroleum, bubble markets, building wealth, business cycles, business psychology, business travelers, California, California Department of Insurance, CDI, California real estate, capital gains tax, Case-Shiller, Casey Research, cash flow, central banks, certificates of deposit, Chicago, Chicago real estate, China, college tuition, Colorado, commercial investing, commodities, commodity pricing, compound interest, conversions, CPI, Consumer Price Index, Dallas, dark pools, debt ceiling, debt crisis, debt-financed spending, deflation, Detroit, Detroit real estate, digital money, distressed properties, down payment, email marketing, estate tax, high cash flow, home equity, home financing, Indiana, Indianapolis, interest rates, jobless recovery, Kansas City, leverage, libertarian, Little Rock, maintenance warranty, management fees, Manhattan, marketing, Memphis, Miami, Michigan, mircopreneur, middle class, millennials, millionaire, Minneapolis, Minnesota, Missouri, Mississippi, MLS, mobile banking, monetary policy, money market fund, negative equity, new home construction, New Orleans, New York, New York City, North Carolina, Ohio, oil, oil prediction, overpriced markets, packaged commodities, passive income, passive investor, payroll tax, pension, pension funds, pension plans, Platinum Properties, positive cash-flow, price stability, price of gold, price volatility, private money lending, pro forma, property appraisal, property value, real estate arbitrage, real estate tax, rent, rental, renovated homes, rental homes, rental income, rental insurance, San Antonio, San Diego, San Francisco, single-family homes, social marketing, social media, Swiss Franc, Swiss National Bank, Tampa, tax, tax laws, tax bracket, tax lien, taxes, tenant, tenant eviction, Tennessee, Texas, treasury reports, unemployment, unfriendly markets, US housing market, venture capital, volatility, Warren Buffet, Washington, wealth management, whistleblowers, world economy, Zero Hedge.
Additional topics explored on the Creating Wealth podcast include Bitcoin, digital currencies, corporate tax inversions, crowdfunding, inflation, the Federal Reserve, student loan debt, monetary policy, economic challenges facing generation Y, solar energy, 3D printing, medical technology, US dollar, currency exchange, plunging bond rates, personal and commercial bankruptcy, the cost of a college education, digital banking, the American dream, capital gains taxes, asset protection, gold and silver, commodities markets, precious metals, investing tips, structural and personal unemployment, bank regulations, regulatory reform, emerging markets, shadow banking, social media, derivatives, mobile commerce, government regulation, housing market, identity theft, cyber currencies, mortgage lenders, investment properties, VA loans, gold standard, Fannie Mae and Freddie Mac, online auctions, landlord tenant conflicts, tax lien investing, tax law, retirement, contract law, stagflation, home loans, real estate scams, renters, reverse mortgages, foreclosures, euro, European Union, ECB, European Central Bank, the US housing market, micro lending, online security, cyber security, online banking, digital banking, outsourcing, online shopping, Amazon, Apple, Facebook, Twitter, JP Morgan, short sales, austerity, forex, monetary systems, budget surplus, budget deficits, tax cuts, solar energy, consumer debt, consumer price index, property investing, high frequency trading, interest rates, college tuition, cashless societies, credit card debt, credit monitoring, credit ratings, currency trading, refinancing, federal stimulus, financial independence, financial planning, financial literacy, economic growth, economic development, Wall Street, IPO, IRS, Internal Revenue Service, IMF, International Monetary Fund, mobile banking, Elliot Wave theory, free trade, underwater homeowners, foreign investing, oil prices, entrepreneurship, Equifax, federal budget, Keynes, Keynesian, fiat currency, financial scams, global economy, gold standard, income tax, and foreign investment.
[CLAIM:SNDPUAP8]
Episodes
Mentioned books
Mar 5, 2018 • 44min
CW 970 - Benjamin Hardy - Slipstream Time Hacking, How to Cheat Time, Live More & Enhance Happiness & Willpower Doesn't Work, Discover the Hidden Keys to Success, Medium.com
Jason Hartman starts today's show with a recap of the JHU Live event from this past weekend and a preview of a future event in the Northeast. Then, in his 10th episode interview, Jason talks with Benjamin Hardy, author of Willpower Doesn't Work: Discover the Hidden Keys to Success, about how to time hack, be much more productive, the difference between successful people and the unsuccessful, relative ease in 10Xing your business, not using your circumstance as an excuse, and more. Key Takeaways: [4:51] You can't separate politics from personal finance in today's world [9:05] There's now a Venture Alliance Jr membership level for those under 35 Benjamin Hardy Interview: [10:29] The premise of Slipstream Time Hacking [14:18] You can choose to think of time as away or as a distance [18:33] What would Ben's response be to someone who said his book was just "work harder and faster"? [20:37] 10X thinking is a lot easier than 2X thinking, and it works, just look at Ben's life [23:23] What can we do on a daily basis to hack time? [26:57] How Ben invested in the right relationships to grow his exposure so quickly [30:44] Your behavior shapes your personality [33:35] You need to regularly get out of your routine environment [37:44] Don't use your circumstances as an excuse [41:40] It's not your personality that shapes your choices, it's your choices that shape your personality Website: www.JasonHartmanIcehotel.com www.JasonHartman.com/Ask www.BenjaminHardy.com
Mar 2, 2018 • 33min
CW 969 FBF - 3 Economic Stress Tests for Your Income Property Portfolio, Answers to Your JHU Live Questions
Today's Flash Back Friday comes from Episode 647, originally published in March, 2016. Jason answers questions from his highly-intelligent listener base. Clients inquire about interest rates, the 5-year outlook of rental income real estate and using self-directed IRA money to invest in income properties. Jason shares his strategies and tools on how he formulates his predictions on the multi-dimensional asset class of real estate income property, why he doesn't like using cap rates for residential property evaluations and accessing the Property Tracker software to project future values. Key Takeaways: [2:00] Income property is the most historically proven asset class [5:45] Listener questions from the Salt Lake City JHU event [8:04] Predicting interest rates [9:38] Advantages to the suburban market in a linear market [12:22] Stress testing your portfolio [15:44] 3 dimensions of real estate - Values and rental incomes are counter-cyclical [16:53] Why is income property real estate investing so attractive? [19:15] Cap rates are not useful metrics for residential income property evaluations [22:13] Using Self-Directed IRA money for an investment [24:52] Property Tracking Software to see your properties 10-year projection [27:35] The next Venture Alliance Mastermind will be on Jekyll Island in Georgia Websites: http://www.grantspub.com The Creature from Jekyll Island www.VentureAllianceMastermind.com
Mar 1, 2018 • 42min
CW 968 - Jim Puplava of Financial Sense Newshour, SALT Taxes, Inflation vs Dis-Inflation, Medicare & Social Security Debt
Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors. Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more. Key Takeaways: [3:23] The new tax plan and bonus depreciation [8:04] The massive change in deductions for major repairs Jim Puplava Interview: [13:54] Will the new tax plan expedite people and companies leaving high tax states? [18:42] Hidden taxes in states like California [19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout? [22:42] Jim's current inflation thoughts [26:12] How much longer can the US continue to kick the can down the road when it comes to the debt? [29:38] Why double inflation arbitrage is fantastic for real estate investors [32:52] What the next downturn is going to look like [38:10] Jason's new theory Website: www.JasonHartmanUniversity.com www.FinancialSense.com
Feb 28, 2018 • 34min
CW 967 - The Biggest Fear of Investors Today & the Difference Between Nominal and Real Inflation
Jason Hartman starts up today's episode reminding people that if you want true wealth, don't spend your money on things that diminish it, spend it on investments. He also discusses the biggest fear investors have today, and the need for investors to align their interests with the big powers. Then Jason finishes up the webinar that was started in CW 966. In closing, he touches on why he loves housing over retail and commercial, the difference in types of inflation, and why he prefers single family homes over duplexes, triplexes and quadplexes. Key Takeaways: [2:34] Own the investments and don't buy the things that diminish your wealth [5:43] The biggest fear most investors have nowadays [9:33] Inflation fears are seeping through the market, and it means good news for real estate investors [13:37] Save yourself a lot of heartache and just align your interests with the greatest forces the world has ever seen Webinar: [20:10] You can outsource jobs and retail, but you can't outsource homes [22:15] The difference between real and nominal inflation [25:27] Does Jason have a preference between single family, duplexes, triplexes, or quadplexes? [29:44] Some of the linear markets Jason likes Website: www.JasonHartmanUniversity.com
Feb 26, 2018 • 42min
CW 966 - Protect Your Wealth from the Volatility of Today's Stock Market, Part 1
Jason Hartman starts today's episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there's no such thing as a bulk discount in real estate. He also talks about what's going to cause upward pressure on rents. Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today. Key Takeaways: [2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3 [3:49] We're used to a discount when we buy things in bulk, but that doesn't work in real estate [7:30] We are bound to see significant upward pressure on rents Webinar: [10:28] Jason's back story in real estate investing [13:25] There are really 400 local real estate markets, not a US housing market [17:50] When Jason realized there were 3 different types of markets, and what they are [21:54] We have some scary things going on in the economy, but overall it's still an amazing time to be alive [25:44] We are at an inflection point in technology [30:33] The demographics coming at the rental housing market over the next 10 years are phenomenal [34:33] Explaining Commandment #8 Website: www.JasonHartmanUniversity.com
Feb 23, 2018 • 22min
CW 965 FBF - Reduce Risk & Benefit from Inflation As a Prudent Real Estate Investors
Today's Flash Back Friday comes from Episode 18, originally published in June 2007. How prudent real estate investors BENEFIT from inflation in two big ways! Here is how to use leverage prudently to maximize returns and reduce risks. Website: www.JasonHartman.com/RadioShows
Feb 22, 2018 • 34min
CW 964 - Indianapolis Market, Property Management Best Practices & Tenant Screening with American Apartment Owners Association Rent Recovery Service Jeff Cronrod, Part 2
Jason Hartman kicks off today's episode with some big cryptocurrency news out of Venezuela and Poland this week that show both strength and weakness for the market, plus producer Adam interviews one of the Indianapolis Local Market Specialists about what makes Indy a good place to invest. Then Jason finishes up his interview with Jeff Cronrod. This time they focus on best practices for property management and how to properly (and legally) screen tenants. Key Takeaways: [2:07] There's better ethics involved in taking the long term approach [7:07] Poland's Central Bank paid YouTubers to slander cryptocurrencies [9:08] Venezuela's massive oil based cryptocurrency [10:21] Indianapolis Market Profile from a Local Market Specialist Jeff Cronrod Interview, Part 2: [20:02] Jeff's property management best practices, and proper tenant screening [24:18] What sort of reports are available for landlords? Website: www.JasonHartman.com/Properties www.JasonHartmanUniversity.com www.AAOA.com www.TenantAlert.com
Feb 21, 2018 • 35min
CW 963 - Evictions, Rent Collection, & Lease Guarantee with American Apartment Owners Association Rent Recovery Service Jeff Cronrod, Part 1
There's a disease infecting millions of Americans, but few people are addressing it. That disease? The entitlement disease. Jason Hartman looks at the symptoms of the disease, and how a simple change in viewpoints can bring a person out of that spiral. Then Jason talks with Jeff Cronrod, founder of the American Apartment Owner Association & founder of Rent Recovery Service, about his new program called Lease Guarantee, and how landlords need to take a more aggressive approach toward tenants who don't pay. Key Takeaways: [4:39] The dangers of the entitlement disease [8:14] When you take all the advantages of real estate for a few years, it's hard to unwind [13:30] What happens when you view your life like you're the source [19:09] The simple key to success in business Jeff Cronrod Interview: [22:02] What is Lease Guarantee? [24:18] How much does the Lease Guarantee cost and what exactly does it cover? [28:32] The steps you have to go through when a tenant misses their rent payment [31:40] What judgement do you need to get for Lease Guarantee to pay out? Website: www.JasonHartmanUniversity.com www.AAOA.com www.TenantAlert.com
Feb 19, 2018 • 35min
CW 962 - The Barbell Crushing Affordable Homes & Dealing with Property Managers, Part 2 of Client Case Study with Scott
Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice. Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management. Key Takeaways: Jason Intro: [2:46] The barbell that is crushing the supply of affordable homes [6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption [9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it [13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down Scott Client Case Study, Part 2 [21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago [23:51] Scott's experience with the property managers in Jason's network [28:25] The difference in self-management in office space versus residential Websites: www.JasonHartmanUniversity.com www.JasonHartman.com/Properties
Feb 16, 2018 • 44min
CW 961 FBF – Predicting Market Trends, Financing through Debt, Reserve Ratios & Leverage
Today's Flash Back Friday comes from Episode 622, originally published in January 2016. This episode can be summed up by the popular saying "Everyone is a genius in a bull market". Many financial hosts warn against taking on debt to build wealth. Jason clearly illustrates why we should be using fixed rate mortgage as a financing vehicle and outsourcing debt to tenants while enjoying the tax advantages. Naresh is not a real estate investor, yet. He has come up with some basic, but necessary questions for Jason which will help him and all of you budding, soon to be real estate income property investors out there. Jason reminds us "real estate is the most historically proven asset class" and carefully lays out his answers in easy to understand, common sense terms. Key Takeaways: Jason's editorial: [2:35] Predicting market cycles would be easier if governments and central banks didn't interfere [8:41] The business cycle is an economic concept which affects real estate [10:14] The Reluctant Investor's Lament poem by Donald Weill [17:46] Everybody's a genius in a bull market [19:55] Our Investment Counselors are geographically independent, market-wide gatekeepers [23:21] Our organization has relationships with local market specialists which give clients leverage [26:53] New clients need at least 24% cash down when purchasing a property [29:37] The rise of the "debt bigots" [33:38] Debt is a powerful thing, you must be wise with it [34:30] Always use debt as leverage when purchasing real estate income properties [37:09] A fixed rate mortgage guarantees your rate for 30 years plus tenants pay off your debt [38:33] Podcast feeds are divided and education is free Websites: www.JasonHartman.com www.VentureAllianceMastermind.com
