Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Jul 31, 2019 • 32min

1249: Compound Interest, Understanding Home Prices & Mortgage Payments in Real Dollars

Jason Hartman starts today discussing the 8th wonder of the world, compound interest. It's a truly powerful thing that makes massive differences to your portfolio. Then Jason talks with in-house economist Thomas to discuss housing payments adjusted for inflation. Thomas took Jason's first property he purchased and adjusted the payment it would have been to today's dollars to see how it correlated. The two also discuss negative yields and how much further cyclical markets have to fall. Key Takeaways: [4:43] Jason's old purchase of a mortgage note that didn't go so well, but the amount he's owed now shows the power of compound interest [7:36] An example of compound interest using 4 $100,000 homes [14:32] Robert Shiller believes we are on the verge of a recession, but Jason doesn't agree with his reasoning [18:51] Housing payments adjusted for inflation is significant [22:41] Millennials keep telling Thomas they're waiting for home prices to drop [27:07] 25% of investment grade bonds have negative yields now Website: www.JasonHartman.com/Properties
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Jul 30, 2019 • 43min

1248: Housing Price History, Evaluating Real Estate Investments & Foreign Investor Assistance for American Real Estate with Stateside APM's Howard Jennings

Jason Hartman and Adam start today's episode detailing the price history of a home in Port St. Lucie, FL. The effects of the financial crisis and the recovery afterward are truly astounding and it gives us an idea of where we might be in the housing recovery. Then Jason has a short clip of Frank Gallinelli's, a friend of the show, describing how to properly evaluate real estate deals to make sure you're getting a good deal. Finally Jason talks with Howard Jennings, Managing Partner at Stateside APM, about how entities can help foreign real estate investors, as well as how those same foreign investors can save themselves money in creating those entities and avoiding double taxation in certain areas. Key Takeaways: [3:23] The incredible price history of a home in Port St. Lucie, FL [8:32] Jason's been involved in somewhere around 10,000 real estate transactions either personally or through his companies [10:26] Frank Gallinelli on How to Evaluate a Real Estate Investment Howard Jennings Interview: [24:18] Do foreign investors need to have entities like an LLC? [27:12] Some states have higher fees than others, and Canada can even tax you twice [31:18] Services provided by Stateside APM [38:45] Nearly every decision in life comes down to instant gratification vs delayed gratification Website: www.StatesideAPM.com www.JasonHartman.com/Properties
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Jul 29, 2019 • 35min

1247: $8,000 Extra Income, Facebook Cryptocurrency & Free & Clear Homes

Jason Hartman and Adam start off today's show discussing a stat they saw saying that 37% of US homes are currently "free and clear" and what that could mean to housing markets when the next market downturn comes, especially to your income property. Then Jason talks with client Drew Baker about how his self-management has helped him put $8,000 back in his pocket, having your tenants saving you money, and what Facebook is doing with their cryptocurrency venture. Key Takeaways: [2:39] 37% of homes in the US are "free and clear" [5:30] Why the amount of "free and clear" homes in your market matters to your investment properties [8:41] Alexa Skill Blogcast Drew Baker Client Case Study: [12:54] Drew just calculated how much money he's saving in his portfolio now [20:53] Facebook's foray into crypto could be a more interesting venture since they have an audience of billions already [25:41] Facebook shut off access to other cryptos while they were prepping their own [28:40] How Drew's tenant saved him hundreds of dollars on his new water heater [32:30] Pick which property is giving you the least trouble and take control while things are calm, not in the middle of repairs Website: www.JasonHartman.com/Ask www.JasonHartman.com/Properties Jason Hartman Real Estate Investor Update Alexa Skill
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Jul 27, 2019 • 6min

CW Bonus: Guided Visualization #8

Visualization is an immensely powerful thing. What the mind can conceive and believe, the mind can achieve. Because of the power of visualization, Jason went and found an expert who can help real estate investors get in the right mindset and, hopefully, set you on a path to an even better portfolio and life. Today is the 8th installment of our guided visualization journey. Website: www.JasonHartman.com/Properties
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Jul 26, 2019 • 31min

1246 FBF: Client Case Study, REI Journey to Success with Sue & Gary Pinkerton, Part 2

Today's Flash Back Friday comes from Episode 938, originally published in January 2018. Jason Hartman kicks off the episode talking with someone who's about to set a new standard at the Meet the Masters conference this weekend. Journey Captured, a Journey tribute band, will be performing Saturday night at the first ever Meet the Masters Concert. Jason talks with Bass player Giorgio Tupanjanin about his musical training, why he plays Journey, and what to expect at the concert. Then Jason finishes his client case study with Sue & Gary Pinkerton. This time Sue offers some tips on self-management, the frustratingly fragmented (yet helpful) nature of real estate investing, and why you can't consider anything a passive investment. Key Takeaways: [1:59] A Journey tribute band will be playing at Meet the Masters [3:50] Why Journey for a tribute band? [6:28] Is jazz music one of the most technical styles out there? [9:51] How Journey found their current lead singer Pinkerton Case Study: [15:16] Sue's tips on self-management [18:52] The fragmented nature of single family real estate investing is frustrating [22:13] There is NO SUCH THING as a passive investment Websites: www.JasonHartman.com/Properties
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Jul 25, 2019 • 22min

1245: Warren Buffett on Real Estate & Mortgages

Jason Hartman and Doug get together today to discuss some of the statements that Warren Buffett has made in regards to investing in real estate. Specifically they examine his interview about his $150,000 home purchase that turned into an $11,000,000 property and his thought of how he wished there was a way to buy and manage thousands of single family homes. Key Takeaways: [4:29] The power of the 30 year mortgage, explained by Warren Buffett [9:10] Your returns when you lever equity can be really good, but when a tenant is paying your mortgage then it's even better [14:33] Don't miss the market because you're waiting for a dip [19:48] Time heals wounds, especially in real estate Website: www.JasonHartman.com/Properties
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Jul 24, 2019 • 31min

1244: Investigating Big Tech Companies & Andrew Yang, Presidential Candidate on Universal Basic Income, Smart People Should Build Things & War on Normal People

Jason Hartman starts today's show celebrating the Department of Justice's decision to start investigating the big tech companies business practices, something he's wanted them to do for a long time now. Then Jason talks with Democratic Presidential Candidate Andrew Yang about some of his policy proposals, including the huge idea of Universal Basic Income, the erradication of income tax and the implementation of a VAT. Key Takeaways: [2:10] Jason is excited that the DOJ is finally investigating the big tech companies Andrew Yang Interview: [6:11] How Universal Basic Income is different than the welfare state and why libertarians would support it [9:43] Would income taxes go away if Andrew's VAT goes into effect? [14:28] Andrew supports UBI because automation is taking away so many jobs [19:12] The war on normal people [25:38] How the UBI will offset any deficit it creates Website: www.Yang2020.com
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Jul 23, 2019 • 29min

1243: Jacksonville, FL Market Analysis from 2019 Meet the Masters

Today's episode is a live speech from the 2019 Meet the Masters of Income Property event. Hear the local market specialist discuss why he got into the Florida markets and how he's making properties work in the market. New construction and short-term rentals can work, if you do it right. Key Takeaways: [6:45] Some of Jacksonville's economic rankings [9:42] New construction has been the main focus in the market [12:55] The different models available [20:48] The average construction time is about 6-8 months, but you don't need a construction loan Website: www.JasonHartman.com/Properties
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Jul 22, 2019 • 35min

1242: Jason's Mom Debt Jubilee, Reviewing Leases & Self-Management

Jason Hartman and his mom take today's episode to review the book The American Jubilee: A National Nightmare is Closer Than You Think, as well as discussing the impact of loan forgiveness and some self-management strategies that can save you money and headaches when it comes to repairs and tenant retention. Key Takeaways: [2:05] Jason's mom's takeaway from the book The American Jubilee [4:51] The middle class is getting crushed today more than they ever have in American history [8:05] You can use debt as a strategy [11:56] Impact of the bank holiday [14:25] Student loans are being packaged and sold to financial firms just like liar loans were [19:17] The federal government can nationalize your stock and bond portfolio a lot easier than your property [23:26] Turnover can be expensive, but keeping tenants for too long could mean your rents are too low [27:54] The longer your tenant is there the more they treat it like their own home [32:02] A recommendation to reduce your insurance prices Website: www.JasonHartman.com/Properties
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Jul 20, 2019 • 7min

CW Bonus: Guided Visualization #7

Visualization is an immensely powerful thing. What the mind can conceive and believe, the mind can achieve. Because of the power of visualization, Jason went and found an expert who can help real estate investors get in the right mindset and, hopefully, set you on a path to an even better portfolio and life. Today is the 7th installment of our guided visualization journey. Website: www.JasonHartman.com/Properties

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