Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman

Episodes

Mentioned books

undefined
Apr 8, 2020 • 40min

1429: COVID-19 Media, Creative Destruction, Millennials & McMansions, Harry Dent

Jason Hartman and Pat Donohoe discuss action steps and dealing with the media and coronavirus. Will we make the most of a creative destruction situation, and how can we benefit from it? In segment two, Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? Key Takeaways: [7:30] With the Coronavirus & media, what's the action step here? [9:40] We are experiencing the biggest money printing extravaganza in world history [11:41] We don't know how much debt is too much [15:30] Creative destruction, advantages and disadvantages, and hindsight bias [17:00] Harry Dent, "The baby boomers have sold their homes and joined the renters" [20:00] In general, are the millennials in a good place or a bad place? [23:00] Harry, "I like the high quality, the ten and thirty-year U.S. Treasury Bonds" [30:00] What's to come of the Millennials and the McMansions? [36:00] If we don't rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan [38:00] Jason, "Financial assets like the wall street economy vs real assets like the main street economy are far riskier" Websites: www.TheWealthStandard.com www.HarryDent.com www.PandemicInvesting.com TAX SALE Webinar Link Jason Hartman Youtube: Harry Dent 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
undefined
Apr 7, 2020 • 41min

1428: Shadow Demand, The Next Depression, Repo-Market, Harry Dent

We are all searching for information on what to expect in uncertain times. Harry Dent joins Jason Hartman to discuss everything you need to know about the economy. Look at patterns Harry has analyzed to predict what's to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. CREATING WEALTH Podcast: 7 Days This Week! Key Takeaways: [1:30] How many times have you washed your hands today? [4:26] There is a huge shadow demand for housing [7:25] "Roommate component" of shadow demand, 2002-2012 roommate status when up from 25-32% [13:15] Thank you to Kurt, 12-year listener, and congratulations! [15:00] Harry Dent [16:00] The stock market is the best leading indicator of the economy [21:00] After 1995, things start to get out of whack in relation to GDP [25:10] Every 90 years, like a clock, we see a bigger bubble and a crash [29:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies [32:00] China's workforce peaked in 2011 and has been declining ever since [36:40] Harry explains the repo-market Websites: PandemicInvesting.com TAX SALE Webinar Link Jason Hartman Youtube: Harry Dent 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
undefined
Apr 6, 2020 • 37min

1427: Recession or Depression, Stock Buybacks, Quantitative Easing, Harry Dent

Jason Hartman is joined in today's show with in house-economist, Thomas to discuss what constitutes a recession and what this one will look like. While some may assume the worst, Thomas presents some numbers that aren't as bad as expected. In Part II, our returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. Key Takeaways: [1:00] The great little recession [2:00] Members of the national bureau of economic research are careful what to declare a recession, and quite a bit after the fact [7:10] The employment base for retail and tourism is around 40 million jobs, and we are only down 10 million so far [14:20] This is a war, just a war on a virus [16:30] Harry Dent, Demographer [17:30] Puerto Rico, better weather, lower cost and better tax benefits [18:53] Famous for predictions on all aspects of the economy [18:50 ] QE Quantitative easing [21:00] What is the age of someone's peak earning power and peak spending? [23:50] "Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that's actually chasing financial assets, and that drives up financial assets." - Dent [26:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy [28:25] You say the economy is fake? [29:25] Governments always stimulate the economy [32:55] Are company stock buybacks really that bad? Websites: TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
undefined
Apr 4, 2020 • 38min

BONUS: 1031 Exchange Alternative, RE Beats Stocks, Even If Tenant Doesn't Pay

Does real estate investment beat the stocks, even when the tenant doesn't pay? Jason Hartman and investment counselor, Adam discuss the perks of real estate investment compared to the stock market, even when the tenant doesn't pay. This question strikes a chord as millions of Americans will have trouble paying their rent or mortgage on April 1. Remember to 1) stay calm 2) keep good counsel 3) keep your eye on the ball and 4) take action. Jason is joined with Tom, to wrap up some advice and details about the 1031 tax-deferred exchange alternative. Key Takeaways: [4:00] Millions of Americans will have trouble paying rent/mortgage [7:15] Stay calm, keep good counsel, keep your eye on the ball and take action [11:23] Will there be a decline in the use of public spaces? [16:45] Does real estate beat the stock market? [19:55] What is the average return on real estate investment? Adam shares his experience with the 100k home [23:00] Johnny from Arlington [24:25] The loan modification culture is back [25:05] Learn More: Strategic Defaults & Loan Modifications [29:55] Reach out to one of our investment counselors to build a relationship with them and to gain some knowledge in a given market [31:45] The 1031 Tax-Deferred Exchange Alternative, Part II with Tom Websites: TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
undefined
Apr 3, 2020 • 52min

1426 FBF: One-Stop Nationwide Eviction Services, David Merrill

Today's Flash Back Friday comes from Episode 719, originally published August 29, 2016 In the first half of today's episode Jason debunks Peter Schiff's theory on China's Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today's guest, David Merrill of Nationwide Eviction Services shares the benefits of his company's software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company's comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property's zip code. Key Takeaways: [1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service. [4:51] Debunking Peter Schiff's The Great Decoupling Theory. [9:34] A few points about the Business Insider article which addresses China's middle class. [18:00] Global trade is good but the current US complex trade agreements are not good. [20:16] The 3 basic economic scenarios are inflation, deflation and stagnation. David Merrill Guest Interview: [23:34] A software solution to the age old problem of eviction. [26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country? [28:59] An eviction is a two-part process, if you plan on recovering your funds. [31:43] Which states have landlord friendly or landlord unfriendly markets? [35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets. [37:25] People should standardize all of their collection efforts on all of their properties. [39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process [44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code. [48:12] Contact information for David Merrill and his closing thoughts. Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Apr 2, 2020 • 32min

1425: CARES Act $170 Billion RE Investors, Herd Immunity, Global Crypto-Currency?

Stay Calm, Keep Good Counsel, Keep Your Eye On The Ball, Take Action. Rinse, and repeat. Jason Hartman is joined in today's episode with his co-host from the Solomon Success Show, Rabbi Evan Moffic. Evan brings up some challenging questions about a new potential tax break from the CARES Act. What does Trump bring to the table as our first RE President? Will there be a global currency or an ever-growing nationwide rental assistance program? Key Takeaways: [1:25] New tax break, CARES Act, using depreciation to offset capital gains? [5:20] Trump is the first RE President [8:30] Herd immunity thoughts in the U.S. [10:00] Public health is linked to the economy [12:30] Stay calm, keep good counsel, keep your eye on the ball, take action [23:00] Review from a listener, Andrew. Thank you! [25:15] Will we go to a nationwide rental assistance program, like section-8? [27:00] Will there be a push to a crypto-currency? Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Apr 1, 2020 • 45min

1424: When Tenants Can't Pay, COVID-19 Baby Boom, Decline of China, Trump Takes Over The Fed, Mortgage Update

Jason speaks with a client about their experience with a tenant not paying April 1. What are some creative resolutions to a tenant not being able to pay in hard times? In most situations, being strict with your tenant is advised, but in times as tragic as these, compassion goes a long way. What's to come of China's role in the world? In part two of today's show, Adam checks in with a lender for updates on mortgage rates and what to expect going forward. Lenders are still wary about how the market will go but advances in technology are being improved to close deals remotely. This is because tools are becoming more readily available like online notary with video proof. Key Takeaways: [2:30] Tenants aren't paying rent, but it's our time as landlords to adjust our strategies [8:00] Have a little compassion for your tenants [12:30] Look for creative resolutions to tenants not able to pay April rent [17:40] Now, what is China's role in the world, it's changed so fast? [28:00] When mortgage rates hit historic lows, and everyone is trying to refinance in one month, lenders hit capacity [29:30] As we look for normalcy in the market, lenders are still very wary of where it may go [25:15] Unemployment claims typically hover around $600k (weekly basis), predicted by Goldman Sachs to rise to $2.25 million [39:00] If you want to know what's best for your rate, you want to see the fed or other entities buying up mortgage-backed securities [42:40] Technology is making advances so loans can continue to close, eg. online notary Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Mar 31, 2020 • 33min

1423: Airbnb vs Coronavirus, Market Profiles Atlanta, Jacksonville, Palm Coast, Ocala

How have short-term rentals changed amid coronavirus? Jason interviews Evan on his recent short-term rental purchase and how bookings have changed. Once again, this proves the shift from high-density living environments to low-density dwellings. Stay tuned in to hear from a local market specialist with details on Jacksonville, Ocala, Palm Coast and Atlanta. What information can we learn about current mortgage rates and how they compared to rates post 9/11? Key Takeaways: [4:00] Closing on a potentially life-changing short term rental, with Evan [7:30] Airbnb property manager is using dynamic pricing [9:45] Lower density areas are perks for short-term rentals, especially if they are in driving distance from high density locations [14:45] Real estate, if you can stay when others fold you're really in good shape [18:00] Part II - with local market specialist [26:22] Current mortgage rates are better now than we've ever seen [27:40] Updates on Jacksonville, Ocala, Palm Coast, Atlanta Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Mar 30, 2020 • 28min

1422: Rent Strikes, Sec 8 Government Rent, New Investors Should Wait, Mobile, AL, Indianapolis, IN Properties

Will renters strike on April 1? Investment counselor, Sara, joins Jason on the show today to discuss recent market changes and available properties. Interestingly, mortgage rates are on the rise while Fed Rates drop. You've heard of trickle-down economics, but let's discuss trickle-up economics right now. Lastly, the expectation for a home is shifting slightly, as home offices become a much-needed accessory. Key Takeaways: [2:10] Fed Rates drop but mortgage rates go back up [3:00] Non-owner-occupied investor mortgage rates are different than primary residence mortgage rates [6:30] Commercial real estate is to be considered more-so a business, and less-so an investment [12:15] Trickle up economics [13:17] Property Update: Mobile, Alabama $95k with rent of $950 [15:00] Will there be an expansion in Section-8 housing? [19:10] The ratio of bathrooms to bedrooms is no longer the same in this world [21:05] An investment property in the longest-running market for JasonHartman.com: Indianapolis, Projected Cash Flow $259/month [24:00] On a budget new investors, keep waiting [26:50] Reach out to one of our investment counselors, 'therapists,' for pandemic investing Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Mar 27, 2020 • 35min

1421 FBF: Using Tenants as Assets, Self-Management Tips & Looking For The Next Recession

Today's Flash Back Friday comes from Episode 1197, originally published May 20, 2019 Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left. The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager. Key Takeaways: [2:39] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off [5:47] For the first time in a long time, Kerry is bullish on the New York real estate [13:13] Where will the next recession come from? [17:05] There's an urgency that you need to do something now rather than waiting around [21:04] Why Kerry thinks Indiana has been the longest running market for Jason's company [25:19] Utilize your tenants as your assets [30:51] If you choose to self-manage, remember to track ALL of your expenses Website: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

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