The Short Term Rental Profits Show: Recent Episodes
Air DNA, Homee, InvitedHome, Garrett Sutton, Vacation Rental Management Ass
Navigate the rapid rise of short term real estate investment properties with the SHORT TERM RENTAL PROFITS podcast. Airbnb and VRBO have created new opportunities for savvy income property investors to increase cash flow and maximize ROI.
Listen to SHORT TERM RENTAL PROFITS and learn how to identify the best markets to invest in as each city offers unique ratios of risk and profitability. Learn how property managers can simplify the experience for investors and how you can leverage dynamic pricing to maximize revenues as seasonal demand varies throughout the year. Listen and learn how to market and advertise your property using the latest tools and learn the key differences between short term rental and residential rental strategies.
Do you want to increase positive cash flow today while tapping into the short term rental market of tomorrow? Listen to the SHORT TERM RENTAL PROFITS podcast and learn key tips on how to select, purchase, and market your property. Your family’s financial freedom is just one podcast away, listen to SHORT TERM RENTAL PROFITS today.
Jason talks to Jessica Larsen from Jetstream Hospitality about managing short-term rental properties. Jessica shares her expertise as a short-term rental operator and explains how Jetstream simplifies her work by handling guest management, listing distribution, and coordination tasks. Jetstream’s tech stack and 24/7 guest communication team are highlighted as key benefits. Jessica emphasizes the importance of embracing technology in the real estate sector and encourages other agents and operators to do the same. She also discusses midterm rentals, tech integration in properties, and the potential for real estate agents to adapt to new tech trends.
#ShortTermRentals #RealEstate #PropertyManagement #TechSolutions #Airbnb #VacationRentals #JetstreamHospitality #RentalManagement #GuestExperience #RealEstateTech #PropertyTech #RealEstateInvesting #MidTermRentals #SmartHome #TechInRealEstate #RealEstateAgents #PropertyOwners #RentalIncome #VacationHomes #RentalTech
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Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Jason welcomes Bill Faeth as they talk about Bill's entrepreneurial journey and his approach to creating wealth. Bill shares his experiences of founding 31 startups, dealing with different personalities in business, and the importance of aligning work and life. He emphasized the need for a mindset shift towards integrating work and life, and the need for intentional alignment with one's spouse. Bill also discussed the influence of a Fortune 500 CEO, on his life who introduced him to the concept of a life plan. He stressed the importance of being present in his life, especially with his family, and talked about auditing his success as a parent.
https://www.billfaeth.com/
#RealEstate #USMarket #Mortgages #NARSettlement #IndustryConsolidation #LoanOfficers #AntitrustLawsuit #HousingMarket #Investing
Key Takeaways:
1:04 Have a "life plan"
9:19 The angle of money and the idea of "enough"
15:57 Why real estate
19:37 The future of real estate and timing the market
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals.
Key Takeaways:
2:56 Julia has about 30 listings for her 7 homes
7:09 Julia's portfolio prior to starting short-term rentals
9:53 The importance of the review system in the short-term rental market
12:58 Julia started her short-term rental career by moving out of her own house and renting it out, and got rid of some of her long-term rental homes
16:59 Short-term rentals and problems with neighbors
21:23 Red flags (and green flags) for properties you're considering for short-term rentals
25:51 What team members do you need in order to self-manage?
31:24 Whether Julia has ever looked into using (or used) a property manager
34:41 How Julia streamlines her operations
38:21 A real life example of what kind of profits Julia makes on her properties
Website:
www.JuliaMSpencer.com
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning:
http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand:
https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing:
https://www.PandemicInvesting.com
Jason welcomes Jasper Ribbers of GetPaidForYourPad.com. They discuss investing in the short term rental space, building a ‘hospitality brand mindset’ regardless of what is happening in the market and how the industries or ‘ecosystems’ around it are affected. They also talk about how short term rentals are turning to be midterm rentals and how to find your customers outside of Airbnb.
Key Takeaways:
1:04 Welcome Jasper Ribbers of GetPaidForYourPad.com
1:24 An update on what’s happening in the short term rental world
2:31 When AirBnB allowed cancellations without penalty
3:26 A general life lesson and the time line for growth explosion
5:39 Living the nomad lifestyle and the adoption of remote working technology
9:03 The rising rates in today’s market and the “AirBnB bust”
11:50 Amazing supply growth globally and in a small town in California
13:49 Building a hospitality brand mindset, regardless of what’s happening in the market
16:38 Knock on effects on the market and related industries
18:57 What we can expect in the future of the short term rental industry
21:14 The best segment of the short term rental market
23:58 Potential shift in the market from short term to midterm rentals
26:05 Finding your customers outside Airbnb
Mentioned:
https://www.FurnishedFinder.com/
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
What are some of the best practices landlords do to maximize their profits and enjoy more of life? Listen in as Jason welcomes Landlordgurus.com‘s Eli Secor to the show. Eli talks about the processes and practices that successful owners use in selecting, retaining, and managing tenants. He’ll address topics such as the application process, documents and lease signing, maintenance requests, and handling of the move-out and deposit refund process and so much more.
Landlordguru’s commitment is to provide expert advice on the complex and important residential property management issues faced by landlords and property managers. Landlordguru has over 30 years of combined experience in residential property ownership and management. In addition to sharing their own expertise and experiences, they call on specialists in fields including maintenance, laws and rules, tenant management, and more.
Mentioned:
Avail.co Landlord software
Payrent.com Collect rent online
Hemlane.com Property Management software
Yelp
Thumbtack
TaskRabbit
Angi.com (formerly Angie’s List)
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand: https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Jason Hartman welcomes back Brandon Hall, CEO of Hall CPA to talk about tax strategies for real estate investors. If you're a real estate investor, you really have to know the passive loss rules - you can’t afford not to! As Jason always says, taxes are the single largest expense in most people's lives, yet people spend so little time understanding the tax code and learning how they can benefit from it.
Brandon Hall shares multiple strategies and educates you on the ways you can significantly reduce and potentially even eliminate your tax bill through short term rentals and the passive activity loss rules of Section 469.
Don’t miss this SPECIAL OFFER on Brandon Hall’s Tax Smart Foundation course at JasonHartman.com/taxsmart! Start your education today and use promo code HARTMAN for 50% off!
Key Takeaways:
0:00 Welcome Brandon Hall, CEO of Hall CPA and TaxSmart Investors to talk about tax strategies for real estate investors
1:05 Taxes are the single largest expense in most people's lives
2:35 Brandon Hall, CPA, Tax Smart Foundation
3:32 Long term and short term rental tax loopholes
5:04 Section 469 of the Internal Revenue Code: passive activity loss rules
7:02 RE taxes when you sell a property
8:35 Depreciation recapture
9:22 Cash flow today that you're not paying tax on
10:33 Tax loss from your rental real estate - passive and non passive income
14:10 Most real estate is going to produce net operating income positive cash flow, while simultaneously producing a tax loss
14:49 Use your suspended tax losses from rental real estate to protect my tax benefit
16:39 Investing in short term rentals and real estate professionals
17:48 A short term rental is not a rental activity under Section 469
20:15 Top three material participation tests
21:25 Start self managing your rentals with software
23:17 Self managing is all about systems
24:02 The huge benefit of 1031 exchange
25:17 Qualifying as a real estate professional
29:05 Excess business loss rules
31:52 Bringing forward depreciation deductions through cost segregation
32:40 Losses can always offset business income or rental income
33:49 Biden tax plan
34:49 SPECIAL OFFER on Brandon Hall’s Tax Strategy Foundation course at JasonHartman.com/taxsmart! Use promo code HARTMAN for 50% off!
JasonHartman.com/TaxSmart
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund
CYA Protect Your Assets, Save Taxes & Estate Planning:
http://JasonHartman.com/Protect
Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals
Special Offer from Ron LeGrand:
https://JasonHartman.com/Ron
Free Mini-Book on Pandemic Investing:
https://www.PandemicInvesting.com
Housing trends are changing: people are not just staying in short term rentals anymore, they are LIVING in them! Jason Hartman interviews Rich Somers, Commercial Real Estate Investor, Co Founder/ Principle - Pac 3 Capital, founder of Fortune Cribs and host of The Multifamily Takeoff Podcast. Jason and Rich discuss how to get started in multifamily, short term rental and boutique hotel investing.
Are short term rentals a viable investment option right now? Brian Chesky, CEO of Airbnb said recently, people are not staying in short term rentals; they're LIVING in short term rentals. One other thing that has made the short term rental market do very well, are the current mass migration trends, where everybody is shuffling around and changing their lives. Post lockdown, people went to new places and lived in Airbnbs while checking out different cities and looking for permanent homes. Learn how you can profit from this new trend!
Key Takeaways:
0:00 Welcome Rich Somers, founder of Fortune Cribs
1:48 How Rich started in multifamily/short term rental investing
2:46 Cash flow in the short term rental space
4:00 Advice on syndication and raising money
5:26 Rich’s syndication model
6:19 Getting started in short term rental investing
7:32 Fortune Cribs short term rental startup
10:03 Is the short term rental market oversaturated?
11:58 Mass migration has also helped the short term rental market, but will it last?
13:33 Another investment opportunity - boutique hotels
15:30 Forcing appreciation on a short term rental
17:10 How to find these kind of deals
19:02 There will never be a perfect time to start, so get going!
20:06 Learn more at https://fortunecribs.com/ & https://www.pac3capital.com/
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/
Learn More: JasonHartman.com
Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals
Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper
Free Report on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips in Vimeo
Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
Special Offer from Ron LeGrand: JasonHartman.com/Ron
What do Jason’s clients say? JasonHartmanTestimonials.com
Contact our Investment Counselors at: www.JasonHartman.com
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Jason Hartman’s Extra YouTube Channel
Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel
Jason Hartman is joined today by luxury short term rental specialist and rising star Dr. Rachel Gainsbrugh. Rachel is an expert in luxury short term rental properties and creates memorable experiences for her guests in unique locations and self-manages her rentals by utilizing a team, tech, and systems she has implemented over the last 2 years.
Enjoy this interview with Rachel as she identifies new avatars in the market and profiles the ROI on her rental properties!
1:04 Welcome Dr. Rachel Gainsbrugh, specialist in luxury short term rental investing
1:45 Rental arbitrage model
3:36 Self managing your properties remotely
6:31 Where are Rachel’s properties?
8:54 Rachel’s second luxury rental
9:58 Dynamic pricing tool
11:46 Long term rental vs short term rental
13:26 A new guest avatar in the market
15:33 Serve a larger family unit that can split that nightly rate
17:30 Net profit from Rachel’s Poconos properties
18:41 HOAs - rule of thumb
21:08 Revenue numbers and Rachel’s TV deal
23:02 New build on Rosemary Beach
23:40 What are the hottest short term rental markets in the country?
26:12 Luxury STR allow you to create a brand for yourself
28:04 Challenges in the STR business
29:56 Where should I invest? Check out Rachel’s free list at https://www.shorttermgems.com/75gems
Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/
Learn More: JasonHartman.com
Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals
Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper
Free Report on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips in Vimeo
Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
Special Offer from Ron LeGrand: JasonHartman.com/Ron
What do Jason’s clients say? JasonHartmanTestimonials.com
Contact our Investment Counselors at: www.JasonHartman.com
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Jason Hartman’s Extra YouTube Channel
Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel
Jason Hartman is joined by cost segregation specialists AJ and Randy Lyons, who’ve created DIY Cost Segregation to help you accelerate the depreciation on your residential rental properties and decrease your tax burden! Income property is the most tax favored asset class in America and the IRS has allowed people to depreciate a property over a 27.5 year schedule for fantastic tax savings. And the beauty of this tax deduction is it's a non cash or phantom write off, so check it out at DIYCostSeg.com! SAVE $50 on residential studies and $100 on commercial studies! Use Jason’s discount code “Jason” on DIYCostSeg.com!
Watch the video HERE.
1:15 What is cost segregation?
2:57 Cost segregation allows you to take components of the house and depreciate them faster
3:32 Which components have shorter depreciation schedules?
4:54 Sample report from DIY Cost Seg
7:52 Factoring in date of property purchase
10:30 Commercial vs residential properties
11:21 Breakdown of structural components into depreciation schedule
13:50 New IRS guidelines, case laws and the master depreciation guide
14:36 How does this apply to retiring assets?
16:46 Benefits of cost segregation
19:48 Cost of DIY Cost Seg Save $50 on residential studies and $100 on commercial studies! Use Jason’s discount code “Jason” on DIYCostSeg.com!
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Join Jason today as he welcomes Dr. Peter McCullough, MD. Dr. McCullough has over 50 peer-reviewed papers and is an extremely credible person in the medical field.
You can also watch the video NOT on YouTube (having been censored) but on Jason’s other video sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
https://traffic.libsyn.com/secure/aipis/392_AIPIS__HS_JS_WIN_HI_ALL_SHOWS_-_Dr._Peter_McCullough_MD_v1.mp3
After receiving a bachelor’s degree from Baylor University, Dr. McCullough completed his medical degree as an Alpha Omega Alpha graduate from the University of Texas Southwestern Medical School. He went on to complete his internal medicine residency at the University of Washington, cardiology fellowship including service as Chief Fellow at William Beaumont Hospital, and master’s degree in public health at the University of Michigan. Dr. McCullough is a practicing internist, cardiologist, epidemiologist in Dallas Texas and the Chief Medical Advisor of the Truth for Health Foundation.
Listen in to hear another side of this whole pandemic/vaccine debacle and discover what you can do to protect your liberties!
Follow Dr. Peter McCullough, MD at Twitter @P_McCulloughMD and listen to his podcast America Out Loud: The McCullough Report
2:01 Who is Dr. McCullough
4:10 Misinformation and censorship
5:40 Booster concerns and the vaccine numbers tell the story
6:59 Why the misinformation?
8:29 Data, death and deception- is there any end in sight?
10:42 What is truly important
13:29 A collapsing house of cards
15:17 Numbers are grossly under-reported
19:45 Data: The vaccines are causing great harm
23:01 World Council for Health and post vaccine issues
25:49 Inflammation and post vaccine metrics
28:12 Fertility side effects, tin foil hats and dating sites
32:26 Fracturing of decisions- the wall begins to crumble
35:40 Vaccines don’t work
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Jason Hartman discusses today's economic boom or bust and real estate trends with a very special guest and absolute wealth of knowledge, Dr. Vikram Mansharamani. He talks about identifying bubbles in various markets, and whether or not real estate should continue to be a profitable play over the long run. Dr. Mansharamani gives his outlook on other asset classes, such as Bitcoin and precious metals and encourages you to take control of your financial decisions.
"Dr. Vikram Mansharamani is a global trend-watcher who shows people how to anticipate the future, manage risk, and spot opportunities. He is the author of the recently-released THINK FOR YOURSELF: Restoring Common Sense in an Age of Experts and Artificial Intelligence and BOOMBUSTOLOGY: Spotting Financial Bubbles Before They Burst. He has been a frequent commentator on issues driving disruption in the global business environment. Vikram’s ideas and writings have also appeared in Bloomberg, Fortune, Forbes, The New York Times and a long list of other publications. LinkedIn twice listed him as their #1 Top Voice for Money, Finance and Global Economics and Worth has profiled him as one of the 100 most powerful people in global finance. Millions of readers have enjoyed his unique multi-lens approach to connecting seemingly irrelevant dots."
Watch the video HERE.
1:04 Welcome Dr. Vikram Mansharamani, global trend watcher, Harvard lecturer and author: his five lenses to help identify bubble territory and economic boom or bust
6:10 Cultural dynamic and consensus herd behavior
7:42 The million dollar question - are we in a bubble?
10:32 Rise and fall of various asset classes, inflation and interest rates
12:19 What about precious metals?
15:14 Real estate markets and inversely directional interest rates
17:34 Inflation vs deflation - technology is the most powerful deflationary force
20:16 The world's largest economies all have aging demographics
22:08 The role of immigration and technology in advancing societies and the long term demographic implications of social media
24:57 Residential and other real estate segment risk through industry modernization
27:04 Dr. Mansharamani's outlook on the stock market
31:02 Passive investing bubble and index investing logic
37:00 Retirement accounts are a ticking time bomb
38:41 Labor market and shortages
40:14 Bitcoin, boom or bust?
44:35 In an age of technology and experts, we've stopped thinking for ourselves
45:44 Read Dr. Mansharamani's articles at www.mansharamani.com
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Pay attention to the news not being reported! In the midst of all the chaos in Ukraine, Jason encourages you to take action against the FED using his patented Inflation Induced Debt Destruction! Also, save the date- April 1 and 2, 2022 for the Jason Hartman University virtual event! More details to come!
And today, Jason welcomes geopolitical expert Peter Zeihan to the show today to discuss the ongoing war between Russia and Ukraine.
Peter discusses Putin’s motivations, Russia’s demographics and energy exports and if the response from the West will be enough to stop this conflict. What are the short and long term economic and agricultural implications of the Russian invasion? Peter and Jason discuss Russia’s army and nuclear weapons, NATO and America’s involvement.
All royalties from Peter’s book sales between March 1 – May 31 will go to Ukrainian charities to help with medical needs of the refugees and the people who decided to stay behind. www.Zeihan.com
Key Takeaways:
Jason’s editorial
1:10 Pay attention to the news not reported
5:11 Payback against the FED
7:11 Save the Date: April 1 & 2, 2022: The JHU Virtual Event
9:07 Thanks to Starlink, Ukraine will be joining us as well
Interview with Peter Zeihan
11:57 Three major thrusts in Russia’s war against Ukraine: Belarus, continuing attacks on Kiev, southern front
14:06 Partisan conflict guerrillas
15:49 Argument that Russia doesn’t want Ukraine in NATO doesn’t hold water
19:21 Putin’s endgame and will sanctions be effective?
21:42 Can Russia afford this war? Russia’s current economic reality
24:21 Is Putin just a desperate tyrant who wants to leave a legacy? And will the US intervene directly?
26:35 Response from NATO; Russia is seeking a multi step expansion
28:34 Most of the Russian soldiers are draftees
29:35 China and Taiwan conflict and the economic and agricultural implications: widespread famine
34:08 Oil and gas
36:23 Royalties from Peter’s books will go to Ukrainian charities – www.Zeihan.com
ABOUT PETER ZEIHAN:
Peter Zeihan is a geopolitical strategist and the founder of the consulting firm Zeihan on Geopolitics. His new book is THE END OF THE WORLD IS JUST THE BEGINNING:
Mapping the Collapse of Globalization (Harper Business; on-sale: June 14, 2022). His clients include energy corporations, financial institutions, business associations, agricultural interests, universities, and the U.S. military. He is the critically acclaimed author of The Accidental Superpower, The Absent Superpower, and Disunited Nations, which have been recommended by Mitt Romney, Fareed Zakaria, and Ian Bremmer. Peter is also a highly sought-after public speaker. He lives in Colorado. For more on Peter Zeihan, visit: https://zeihan.com/. Follow him on Twitter: @PeterZeihan
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Jason talks to his local market specialist Jim about the booming Cape Coral housing market which Forbes lists as the hottest real estate market in Florida. So should you invest in this Florida market? Listen in as Jim talks about how demand for rental housing has dramatically risen while builders are still struggling to meet said demand.
Key Takeaways:
1:29 Low supply, high demand; the hottest real estate market in Florida- Cape Coral
3:10 Waiting for a crash and Black Swan events
4:36 Pricing and inventory- No crash in sight just yet
5:44 Availability, cost and rent prices
7:40 Average days on market
8:34 Cape Coral- city of the future
9:17 Invest in landlord-friendly markets
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Today Jason finishes up his talk with Tina Tamboer of the Cromford Report. Listen in as they talk about the housing market, supply and demand curve, new home builders, home price increase and housing affordability, population decline, mortgage lenders and interest rates, and more real estate data!
Key Takeaways:
2:20 Percentage growth of housing units vs percentage growth of population
4:29 Are there any houses for first time home buyers out there still? US population rate is in decline
9:49 National Association of Homebuilders Affordability Index
16:04 Housing price increases are not sustainable
18:37 Lending practices have loosened up
20:57 Buyers and sellers are in an arm wrestling match
24:40 Seasonal real estate trends
27:37 Find out more at CromfordReport.com
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
Today Jason welcomes Tina Tamboer, senior housing analyst with The Cromford Report to discuss housing trends, household formation and relocation, and real estate market predictions for 2022. Are we in for a housing price crash or boom? The consensus right now, according to most analysts, is to expect prices to continue rising, but not at the rate we saw over the last year, however some industry professionals are predicting a decline. What are their reasons? Tina shares her methodology for evaluating current and future real estate prices and they discuss market predictions from Goldman Sachs, Core Logic, American Enterprise Institute, Zelman & Associates, and The Mortgage Bankers Association.
Watch the video in YouTube HERE.
Key Takeaways:
1:06 Tina Tamboer is a senior housing analyst with The Cromford Report
2:24 Predictions for 2022 – can we expect a housing price crash or boom?
4:00 Household formation and relocation trends affect supply and demand
6:15 Airbnb short term rental market crash
11:32 Bad predictions that missed the mark last year
12:59 Why interest rates are one of the most difficult things to predict and is Zillow too big to fail?
15:09 Mortgage forbearance and foreclosure crisis
20:20 Do house flippers and iBuyers represent real demand or only interim demand?
24:39 Lending practices and interest rates
Find out more at CromfordReport.com
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos
Free Mini-Book on Pandemic Investing: PandemicInvesting.com
Jason’s TV Clips: Vimeo.com/549444172
CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect
What do Jason’s clients say?: JasonHartmanTestimonials.com
Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: JasonHartman.com/Fund
Call our Investment Counselors at: 1-800-HARTMAN (US) or visit JasonHartman.com
Free white paper on the Hartman Comparison Index™
Guided Visualization for Investors: JasonHartman.com/visualization
Jason’s videos in his other sites:
JasonHartman.com/Rumble
JasonHartman.com/Bitchute
JasonHartman.com/Odysee
George Gammon Speaking at Empowered Investor LIVE
LIVE ORLANDO CONFERENCE
Join us for Empowered Investor LIVE: https://www.EmpoweredInvestor.com
Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Jason’s TV Clips: https://vimeo.com/549444172
Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect
There's a shortage of everything going on in the world today. And even when some things are available, another part of the supply chain is clogged and we can't get the parts we need. Nowhere is this truer than the construction industry.
Jason Hartman is joined by Venveo's Zach and Beth to discuss what's actually happening with the supply chain and how long we can expect this to continue. The 3 discuss the 4 L's of construction, a shift in attitude toward manufacturing houses, how the pandemic has impacted the way people are buying, and more.
Key Takeaways:
[5:30] Prices of materials coming down doesn't mean savings for the consumer
[9:15] Some operators haven't seen supply chain issues but have been able to capitalize on the moment and increase their margins
[11:57] Labor shortages in construction is not a new thing
[15:55] Home starts are increasing
[19:27] Homeowners are becoming much, MUCH more educated about how their homes are built
[22:18] Are supply shortages going to be a continuing thing moving forward?
Website:
www.Venveo.com
www.EmpoweredInvestor.com
Tax sales are what Julia Spencer refers to as the "wild west of real estate". Listen in as she tells Jason Hartman why that is. Julia explains why tax sales are so appealing, some of her success stories, things to watch for in the industry, and how you can get involved.
Julia and Jason also dive into the current real estate market. The two look at how Covid has changed the renter dynamics, especially in the short-term rental world.
Key Takeaways:
[4:01] The basics of tax sales
[8:49] One of the draws of the industry is the low cost of entry
[12:52] There's a learning curve with tax deed investing but it can be done in a couple months
[17:26] Julia's thought's on the current real estate market
[19:58] It's gotten a lot easier to find good tenants in this environment
[23:58] Short term rental tenants have changed in the Covid world
Website:
www.EmpoweredInvestor.com
Jason Hartman, real estate expert, continues his examination of the Hartman Risk Evaluator with George Gammon. Hear about how using this metric will help you avoid unnecessary risk in your investments.
Website:
www.JasonHartman.com/Properties
www.GeorgeGammon.com
Jason Hartman, real estate expert, reveals HOW YOU CAN MAKE MORE MONEY WITH LESS RISK! On this episode of the Rebel Capitalist Show with George Gammon, Jason takes a deep dive into his "Risk Evaluator" for real estate. If you're interested in real estate investing this is a MUST LISTEN.
Website:
www.JasonHartman.com/Properties
www.GeorgeGammon.com
We experienced an unprecedented drop in GDP in 2020 and record unemployment numbers. And yet, the real estate and stock markets seem to be doing fine. So, how do we make sense of this discrepancy? What is the economic outlook for 2021 and beyond? And is now a good time to invest in short-term rental properties?
Jason Hartman joined Jasper Ribbers on Get Paid For Your Pad to discuss all this and more.
Website:
www.GetPaidForYourPad.com
www.JasonHartman.com
Obviously, 2020 was a rough ride for most businesses, particularly those included in the travel industry. Eric Moeller, CEO & Co-Founder of STR Legends, gives us a peek into his business through 2020 in the Short Term Rental market. STRs aren't just about the real estate business but also hospitality. Airbnb made some massive decisions to cater to the guests' needs and not so much their partners in business, the hosts. These hospitality decisions shifted how STRs had to operate to maintain high occupancy.
Key Takeaways:
[2:20] In one year, the industry collapsed, there was speculation of AirBnB collapsing, and now a year later, the business model has changed, specifically the length of stay.
[3:30] The urban markets have collapsed since COVID-19.
[5:00] Have the operators given cuts for longer stays?
[6:21] "30 Day Stays"
[9:55] "Home Instead of Home"
[12:30] Markets outside of major cities are doing 98% occupancy.
[13:15] Tiny home experiential markets, for the 30 Day Stay
[16:10] AirBnB decisions were being made to prop up their IPO rather than worry about their hosts.
[23:00] Even Google is trying to get into the short term rental market.
[25:20] Airbnb is a great place for building your business compared to other OTAs (online travel agency)
Websites:
JasonHartman.com
1-800-HARTMAN
STRLegends.com
STRProfitAcademy.com
Robert Rosenthal, Co-President for the Foundation for Inner Peace, joins Jason Hartman today for this tenth episode special. Rosenthal shares his understanding of the ego and how one might interact with it, or believe in interacting with it. He also shares life-changing concepts about forgiveness. Rosenthal also authored, From Never-Mind to Ever-Mind.
Key Takeaways:
[3:20] A Course In Miracles, and we aren't talking about religion here.
[5:30] A course to know yourself.
[8:45] To some extent, we are all seeking security.
[11:14] "There's no such thing as a bucket list in A Course In Miracles."
[18:30] In understanding ego, ex: we never confuse ourselves with our playing piece in a game of monopoly.
[23:00] The ego is intent on its pseudo survival; it's not real, but it thinks it's real, and it needs to convince you that it's real.
[31:30] How and who do we forgive? Do we forgive Hitler?
[33:00] We want to be willing to forgive everything, even if we aren't ready.
[40:00] There is nothing anywhere else ever; the body is a limit.
Websites:
www.acim.org
PandemicInvesting.com
JasonHartman.com/Ask
JasonHartman.com/Start
JasonHartman.com/Recordings
JasonHartman.com/Asset
JasonHartman.com/Webinar
JasonHartman.com
JasonHartman.com/properties
New Year, New Goals, Same proven asset class! Jason Hartman invites you to celebrate with him another fantastic year of prosperity for all real estate investors practicing some of Hartman’s proven investment techniques. Following the celebration, we must look for the “what next” plan or goal. How do you build your goals? Do you write them down? Do you create realistically achievable goals?
Contest:
jasonhartman.com/contest
Key Takeaways:
[1:30] Let’s celebrate our prosperous year of 2020 and look forward to another great one to follow.
[5:00] The Hartman Stimulus Payment CONTEST
[8:45] Be a self-sufficient person.
[10:00] 80% of Americans do not have goals, and even fewer have written them down.
[10:40 New Years’ Resolutions are so cliche.
[12:15] A goal should be just out of reach but not out of sight.
[15:20] The Winner of the 5-Year Plan Video Contest
[15:40] Winner, Michelle, laid out how she and her family intend to achieve their income property goals.
[21:20] It’s the kind of person we become just by trying.
[22:00] SMART Goals
[23:00] Smartsheet from monday.com
[26:50] Balance out your portfolio.
Websites:
jasonhartman.com/sweethome
jasonhartman.com/protect
JasonHartman.com
JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Jason Hartman discusses with Rabbi Moffic the successes and fears of Moffic's short-term-rental (STR) purchase, taking place at the outset of the pandemic. The STR market was divided into great success and great struggle through the coronavirus pandemic. The automobile once changed how we lived. As we move into a period where cars are self-driving, we will see another significant shift in how we live.
Key Takeaways:
[1:45] Bubble In the Sun, The Florida Boom of the 1920s and how it brought on the great depression
[4:00] Evan purchased a Short-Term-Rental Home in St. Augustine, Florida, in February 2020 (COVID-19).
[9:50] What had more influence on society, automobiles or Genghis Khan?
[14:00] Automobiles once changed how we lived; Apple self-driving cars and Tesla are both likely to change how automobiles affect our lives.
[19:20] The rise of suburbia is upon us.
[22:30] Housing inventory is the lowest; it's been in recorded history.
[27:45] New inventory is impossible to pencil out as a starter home.
Websites:
jasonhartman.com/sweethome
jasonhartman.com/protect
JasonHartman.com
JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Jason Hartman, Rabbi Moffic, and everyone here in the Hartman Network wish you a Happy Thanksgiving!
We thank you all for being devoted listeners, active investors, and top-tier landlords.
www.jasonhartman.com
pandemicinvesting.com/blackfriday
Jenna Weinerman, VP of Marketing from updater.com, joins Jason Hartman to share some facts and figures on Americans' move out of big cities. Updater is an app that helps to complete all of the peoples' moving-related tasks. This app has a lot of moving data collected from real estate businesses across the US.
Key Takeaways:
[2:00] What is Updater?
She is the VP of Marketing -
Updater helps to complete all of the peoples' moving-related tasks.
[3:00] With Updater, they can survey one-third of the market.
[5:00] Jenna explains the difference between moving and a relocation event in terms of the pandemic.
[6:45] Is there support for the anecdotal evidence that people are moving mid-pandemic?
[9:45] Bidding wars across the country with this unusually long real estate season.
[11:00] Zoom fatigue. But the tech is there to work from home.
[11:45] Three more national moving trends starting with: the distance that someone moved.
[14:45] Why did mobility spike? Why are people moving in this period?
[15:15] Are people leaving the city?
[18:30] Warm southwest climates are receiving more new residents.
[23:00] You can't always take data at face value.
[24:00] Discussing net loss.
[28:30] What cities are making headlines and why? The Covid-19 Effect on NYC
[29:45] San Franciscans liked to stay in California, while NYC residents likely left the state.
[33:25] Jenna continues to break down where people that fled ended up.
[35:15] Where did San Franciscans go? … besides California, Texas!
[40:00] Where are Boston and Vegas residents going?
[43:00] A lot of people are moving to Denver, CO. Where are they coming from?
[47:30] What should our country expect moving forward?
[52:00] If there were ever a time to purchase a home, now is it!
Websites:
updater.com
jasonhartman.com/protect
JasonHartman.com
JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Clear some confusion about tax strategy, and gain some added tricks of the trade by listening to this interview. Jason Hartman talks with Amanda Han and Matthew MacFarland, authors of Advanced Tax Strategies for Savvy Investors. Tax laws can change every year, so it’s crucial to take advantage of them as soon as you can. Learn what most investors forget to do for some of the best write-offs.
Key Takeaways:
[2:30] Excited to have advanced tax strategy with a focus on RE
[3:00] Will we lose the 1031-Exchange with Biden in office?
[8:10] Many RE investment property owners overpay on taxes because they do not view themselves as a business when it comes to their taxes.
[13:40] How do I take more deprecation sooner than later, with a cost segregation study?
[20:20] How do you prepare to take unlimited deductions, regardless of income - by qualifying as a real estate professional?
Websites:
PandemicInvesting.com
JasonHartman.com/Ask
JasonHartman.com/Start
JasonHartman.com/Recordings
JasonHartman.com/Asset
JasonHartman.com/Webinar
JasonHartman.com
JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Zoom Virtual Event: October 17th, 2020
Early Bird Admission: PandemicInvesting.com
Get Instant access to Jason Hartman’s newest report, you'll learn…
- The modified square root shaped recovery
- Understanding the rare economic malady of supply/demand shock
- Generational PTSD and what it means to you & society
- The six lifestyle mega-trends that will change the world forever
- And much much more!
PandemicInvesting.com
Jason Hartman talks Real Estate Wholesaling with Lex Levinrad. Lex takes us through his work-flow and how his business spans real estate wholesaling, flipping, and rentals. Jason finds out how Lex is continuing to find foreclosure inventory and talks about the anticipation of changes in the next three years.
Key Takeaways:
[1:26] Explaining wholesaling
[5:00] How are you finding foreclosure inventory, and is it more-so of a struggle currently?
[7:30] With current trends, short-sales will become a booming business again in the next couple of years
[9:30] What’s the step by step?
[12:55] Understanding the concepts of whole-saling, and the order of process
[19:30] No matter what you are doing, flipping, or wholesaling, remember to keep a couple of rentals as well
Websites:
www.JasonHartman.com
www.LexLevinrad.com
www.Hubzu.com
Jason Hartman spreads the news, lumber prices have gone through the roof. What does this mean for new construction homes? What does this mean for the homes you already own?
Jonathan Martis, CEO and Co-Founder of Kleard, joins Jason Hartman today to share his business with smart locks, smart real estate, and self-tour tech. Open a house for potential clients from anywhere in the world, and get pre-qualifying information alongside. Will this tech move to the short-term rental market as well?
Key Takeaways:
[1:30] From a weekly report on the lumber market: Prices have gone through the roof on southern yellow pine, an essential building material for homes.
[4:00] The houses you own are index funds for commodities.
[7:45] Meet the Masters VIP Follow-On Session Number 2
[11:00] 42% mortgage interest rate in Honduras (1994)
[13:30] Index + Margin = Rate or the lenders interest rate
[16:25] Since April 17th, the average new single-family home has increased in price by____?
Jonathan Martis
[21:00] What is Smart Locks by Kleard, and how did it come about?
[24:45] Jonathan explains how to use Kleard for self-tours.
[34:00] How much does it cost?
[39:25] What’s next in the smart home industry?
Websites:
kleard.com
JasonHartman.com/Asset
JasonHartman.com/Webinar
www.JasonHartman.com
www.JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Dr. Richard D. Wolff, professor of economics and author of Understanding Marxism, joins Jason Hartman today, discussing the global economic meltdown. Wolff shares his interpretation of marxism and why he believes that is has been poorly applied. As well, Hartman and Wolff discuss capitalism in America, the perception and the reality.
Wolff and Hartman discuss the disproportionate pay between CEO and workers. The CEO to worker compensation ratio has changed dramatically. Wolff states that a cooperative/directorship might work using the example of The Mondragon Corporation.
Key Takeaways:
[2:15] Was Karl Marx's ideas applied wrong?
[8:45] "A liberal and a marxist are not the same things."
[10:30] What is a Marxist?
[12:45] Capitalism didn't make the break from fatalism and slavery that it thought it did.
[16:45] Did any country have genuine pure marxism?
[20:30] "There's a reason that a very small number of people are capitalists (entrepreneur) and a very large number of people are workers" - Wolff
[20:45] How do we solve the issue of disproportionate pay between boss/worker, redistribution?
[24:00] How would a company run with a representative republic, cooperative, or directorship?
[25:10] Successful Co-op, The Mondragon Corporation.
[31:45] What is the Yellow Vests Movement?
Websites:
Richard Wolff Youtube
www.democracyatwork.info
www.rdwolff.com
1-800-HARTMAN
JasonHartman.com/Webinar
www.JasonHartman.com
www.JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
James Rosebush, a former Deputy Assistant to President Reagan, is on the show to discuss his book, Winning Your Audience. He shares tips to sound more like Reagan, the great communicator.
Key Takeaways:
[2:30] Reagan, the great communicator, loved his audience. This was his secret to success as a speaker.
[8:20] Speech abilities given to Reagan because of his history as an actor.
[12:00] Some tips to speak a little more like Reagan.
[16:00] Visualize what you want to give brilliance to your speech.
[18:00] The experience of being blessed by the Pope.
[19:00] 65% of communication is non-verbal.
[23:00] If you speak from your heart, you will win.
[26:00] We need more speakers that are sherpas.
Websites:
ImpactSpeakerCoach.com
Winning Your Audience
JasonHartman.com/Properties
JasonHartman.com
JasonHartman.com/Ask
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
What is the “dollar milkshake theory”? Brent Johnson joins Jason Hartman to share his ideas and concepts on macroeconomics. Particularly, what’s the strength of the U.S. dollar, and how does it compare to gold and other currencies? Brent also shares his thoughts on modern monetary theory and the possibility of its presence in the future, and potential problems.
Brent Johnson also discusses the broad term currency as it pertains to gold, the U.S. dollar, and many other currencies around the world. Brent shares his views on gold and the role it plays. As well, Brent and Jason discuss what is needed for money to be loaned into existence.
Key Takeaways:
[2:00] Dollar milkshake theory.
[4:00] Discussing MMT Modern Monetary Theory
[5:30] Until a new system is designed, there is no place to go, other than the U.S. dollar.
[9:10] Does MMT work or is a pipe-dream?
[12:35] Let’s talk about gold and the role it plays.
[19:00] Because money is loaned into existence, you need monetary velocity or credit expansion to be taking place.
[22:00] What about military tensions?
[26:45] How delicate is our economy that corporate giants need bailouts as bad as family-owned restaurants?
Websites:
SantiagoCapital.com
twitter: @santiagoaufund
www.JasonHartman.com
www.JasonHartman.com/properties
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
Investment Counselor Adam talks to one of the lenders in the Jason Hartman network about what's going on with interest rates these days. People are locking rates below 4% on properties $100,000 and up! The two explain why you should not let your loans go into forebearance, how potential mortgage forgiveness could disrupt the market, and what to keep an eye on for the next 30 days.
Website:
www.JasonHartman.com/Properties
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:
www.JasonHartman.com/Properties
www.JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
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
Today, Jason Hartman unlocks one of the most powerful investment tools as an alternative to the 1031 exchange. The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and a new depreciation schedule.
Before this investment skill is revealed, Jason shares an update on the promise of the ‘federal’ reserve plan to keep the economy in shape. Beware of the elevator, even the NYTimes is talking about the population density problem.
Key Takeaways:
[2:10] The US ‘federal’ reserve is taking the role of buzz lightyear, to infinity and beyond. They will provide unlimited asset purchases, with no limit to what they will do to prop up the economy
[5:32] Winning is a relative game: Here’s how you do it!
[9:35] “Density is really an enemy in a situation like this (coronavirus)” NYTimes Dr. Steven Goodman, an Epidemiologist at Stanford University
[10:10] Trump is going to reopen the US
[11:00] Chinese are cleaning their money, digital currency
[12:00] Everybody needs more room if we are going to be at home all the time
[14:25] Guest, Tom
[16:45] If you do an installment sale, you pay taxes on an annual basis
[19:15] Why is a QI (qualified intermediary) needed?
[25:50] The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and depreciation schedule
[28:50] Don’t forget the rule of 72
[33:10] This can be a rescue from a 1031 exchange that isn’t working out
Websites:
1-800-HARTMAN
www.JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
Jason Hartman speaks with returning guest and author of the book, “Heads I Win Tails You Lose,” Patrick Donohoe. The conversation touches on topics of an ever changing world culture that continues to reshape how we approach wealth, the freedom to do, and in what we find meaning. Despite some of the chaos and cultural decay, the 2020’s are going to bring some excitement to the world.
Key Takeaways:
[20:40] It’s not freedom from having to do something, it’s freedom to do something.
[22:07] The order of magnitude: an interesting time in history where we are going to see massive change.
[24:00] The rising 3 billion, that aren’t online yet: If you think that society has benefited from sharing knowledge, you’re right.
[26:38] There will always be winners and losers
[28:40] The Ritz Carlton Slogan discussion “Systemize the predictable so you can humanize the exceptional.”
[32:27] People are still trying to find meaning in other things.
[33:16] A little bit of struggle is good for the human spirit
Websites:
www.Jason Hartman.com/Properties
www.HeadsOrTailsIWin.com
Jason Hartman makes his way to Medellin, Colombia to chat with George Gammon about creative real estate investing linked to the Colombian Peso and oil. The two discuss the CAPE ratio and what is cheap in the United States.
In our second segment today, Jason is joined by in house economist Thomas Young, to discuss our Presidential Candidates Capital Gains Tax Plans. Do these new Capital Tax Gains Tax Proposals make sense?
Key Takeaways:
[3:15] George Gammon, what took you to Medellin, Colombia? Pesos and Oil?
[7:05] Real Estate Investor turned reality tv star
[9:25] Colombian house flipping
[13:30] What is the CAPE ratio or Shiller P/E ratio?
[17:15] What is cheap in the United States?
[20:35] In house economist, Thomas Young, and capital gains taxation
[23:36] Zero Sum Gain
[28:30] The government’s tax code currently encourages investors to take the risk, and that risk is sometimes successful and grows the economy
Websites:
www.JasonHartman.com
www.GeorgeGammon.com
Jason is joined with investment counselor Carrie to discuss some more current properties. Take a mini-tour with Carrie in York, Pennsylvania, or listen up for this auditory property tour through Alabama, Georgia, and Indiana.
In the second segment today, Jason discusses the hybrid approach to property management, prompted by a Voxer message from client Bruce. As well, Jason speaks on three basic economic maladies; inflation, deflation, and stagnation. This drives the show to our final topic of Jimmy Carter and Malthusian thinking.
Key Takeaways:
[1:20] Atlanta, Georgia area property only 9 miles from the Hartsfield-Jackson Airport
[4:30] Port city, Mobile, Alabama property offers low property taxes
[7:00] Property Tour with Carrie in York, Pennsylvania
[9:00] The latest empowered investor, Bruce, taking the hybrid approach
[11:40] Firing your property manager, self-managing or the hybrid approach. Not all bad or mysterious
[13:30] The three basic economic maladies; inflation, deflation, and stagnation
[18:40] The carter administration was typified by Malthusian thinking
[19:45] Jimmy Carter’s infamous Malaise Speech
Websites:
www.JasonHartman.com/ask
www.JasonHartman.com
STR 40: Debt Coverage Ratio, Loan Limits & Appreciation Estimates
Jason Hartman is joined with investment counselor, Sara, and they discuss some current properties that you view on the JasonHartman.com website. As well, the two discuss some common investor questions including the 6% appreciation estimate and strategy for navigating the Fannie Mae, Freddie Mac loan limit.
Today’s second segment, A Fire-Side Chat, Jason is joined at a live event with three guests. The three guests share a quick background to their real estate journey: the how, the why, and the success of their real estate ventures.
Key Takeaways:
[2:38] If you’d like a private tour with a local market specialist, contact one of our investment counselors
[6:13] Where does the 6% appreciation estimate come from?
[9:12] Fannie Mae, Freddie Mac loan limit is 10 financed properties per person: make a good use of your financing with a fourplex under one conventional loan
[10:03] The debt coverage ratio provides a little comfort for the conservative investors
[12:23] Mortgage Sequencing for loan leverage
[17:11] A fire-side chat with Doug, Evan, and Sara. The barrier to entry and success stories.
[23:04] Are tech startups changing the world?
Websites:
www.JasonHartman.com
Jason Hartman PropertyCast
Hartman Investment Counselor, Adam Schroeder, talks with one of the network’s lenders to discuss how mortgage rates are shaping this February 2020. The two discuss current events and the impact that those events might have on available rates with the hypothetical purchase price of $100k.
Website:
www.JasonHartman.com/Properties
Thou shalt diversify. The continuation of our discussion on due diligence. Jason and Adam present tips on investigating the areas in which you own property. Use tools like google street view to take a tour of the surrounding areas to understand the influences for value and rent.
Adam shares a real life scenario on a property in Merrillville, Indiana. Find out what questions you should ask before investing in a property.
Key Takeaways:
[3:00] Thou shalt diversify. Diversity into three to five markets.
[5:55] Use google street view to understand the areas that surround your investment.
[8:30] Check with local property management companies to confirm rent estimates.
[11:15] Put the system to work with a real life evaluation of a current property.
[14:10] The institutional apartments do a really good job of squeezing the rent out. We should be demanding more for our properties.
Websites:
www.JasonHartman.com/Properties
Do the Due! Do your due diligence. Jason Hartman speaks with investment counselor Adam Schroeder about key aspects of income property investing including; checking home prices with Zillow and contacting the Tax Assessor. The two give insight on working with lenders and the importance of home inspection and re-inspection.
Key Takeaways:
[4:00] Where to find pricing: MLS, Zillow and Tax Assessor
[9:10] Pictures can be insanely misleading. Sometimes, it’s not even the same house
[14:25] A quick call to the country tax assessor can give you a ballpark estimate on taxes for an investment property.
[19:35] Lender deals can change due to dynamics of reevaluations.
[24:00] The licensing laws vary from state to state, check the requirements for you state
Websites:
www.JasonHartman.com/Properties
Jason's investment counselor Adam talks with one of the lenders from the network about what interest rates are now and what they're likely to be throughout 2020.
Website:
www.JasonHartman.com/Properties
Jason Hartman and Rabbi Evan Moffic take a look at America's one affordable trophy city: Chicago (which just so happens to be where Evan lives). The two explore the things going on in the area that are helping drive business and helping investors in the area make some good money.
Then Jason and Evan explore the Memphis market and what the two like about the future of the city.
Key Takeaways:
[8:28] YouTube offers the ability to learn anything
[12:15] Chicago is the only cheap, iconic city in America
[16:04] Democrat leaders in Chicago have still been pro-business
[19:02] 2 big things that are happening in Chicago right now that are good for investors
[22:09] Evan's thoughts on the Memphis market
Website:
www.JasonHartman.com/Properties
Jason Hartman and investment counselor Carrie discuss two properties that are available through the network right now that are definitely worth a look. Listen in to hear about how properties in Maryland and Mississippi might make good additions to your portfolio!
Website:
www.JasonHartman.com/Properties
Jason talks with Spencer Burleigh, co-founder of www.RentTheBackyard.com. Spencer's company will build a unit on your land, list it online and split the rental profits with you 50/50 as long as you have an area at least 25' by 20' clear and you live in your home most of the year. Listen in as Jason and Spencer discuss the business model and how you can take advantage of it.
Website:
www.RentTheBackyard.com
Jason Hartman talks with Matt Curtis, founder and CEO of Smart City Policy Group, about the state of short-term rentals in today's society. Matt explains why he thinks that no matter what people in power do, they won't be able to stop the movement that is short-term rentals. Matt also discusses what he expects for the market when the economy inevitably sinks into a downturn and people stop taking so many vacations, and why a societal shift is key to that.
Key Takeaways:
[4:15] Technology is leading us closer to a Jetsons like world
[6:52] Short-term rentals seem like they're going to win out over areas that are currently resisting
[10:06] It's not hard to see why some areas of the country are resistant to the idea of short-term rentals
[13:51] Are short-term rentals squeezing renters out of the higher end homes?
[18:13] Commercial mix-use multifamily seems to be an area that there's no qualms using for short-term rentals
[20:23] What happens to short-term rentals when the next recession hits?
Website:
www.SmartCityPolicyGroup.com
www.SmartCityPolicySummit.com
Jason talks with Marc Biron, founder and CEO of Home Diversification Corp, about his product that is intended to help homeowners diversify their market risk in their own home purchase. The product is intended to help protect homeowners from downturns in the housing market in their local zip code by indexing it to the national housing market. Listen in as Marc explains why it would make sense for homeowners and how it works.
Key Takeaways:
[1:55] How Marc's mortgage product can help diversify market risk
[6:14] Marc claims his product is 42% more stable than the average housing market
[10:29] A sample case of how the product works
[13:58] Home Diversification uses the Zillow statistics for national home price indexing
Website:
www.JasonHartman.com/Properties
www.HomeDiversification.com
In this off-topic 10th episode, Jason Hartman talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them.
Key Takeaways:
[4:30] How do you rate a country's happiness?
[6:57] There's only one thing that predicts happiness levels on a national level
[11:16] The hazards of social media on happiness
[13:18] Lessons learned from Tal's barber
[18:48] How to praise people properly to encourage growth
[21:37] If you don't teach people to face reality then you're setting them up for failure
[25:01] The first step toward happiness is, surprisingly, allowing in unhappiness
Website:
www.TalBenShahar.com
Jeb Carty, co-founder of Zumbly, joins the show today to discuss their new product and how investors can use them to maximize their returns.
Key Takeaways:
[1:38] How Zumbly differentiates itself from generic MLS websites
[5:51] All the assumptions in Zumbly's calcuations are adjustable
[9:01] Zumbly is hoping to provide the newest of investors the best information possible to make smart deals
[9:58] Millennials are looking for a new way to buy
[14:26] Zumbly's rolling out in 10 more markets
Website:
www.Zumbly.com
www.JasonHartman.com/Properties
Jason Hartman talks with Jennifer Hsieh, VP of Homes and Villas at Marriott International, about how Marriott is working with short-term rental property owners to become a big player. Jennifer explains why she doesn't feel the short-term market is over supplied and whether this is all just a fad.
Key Takeaways:
[1:24] Big players have been entering the short-term rental market for a while
[3:35] How does entering your property into the Marriott branded pool work?
[6:00] The target demographic
[9:44] How do companies like Marriott take care of customers when it comes to short-term rentals?
[12:10] What happens to the short-term rental market when the economy turns
Website:
www.HomesAndVillasByMarriott.com
Jason Hartman talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals.
Key Takeaways:
[1:46] Is the short-term rental market oversupplied?
[5:13] How will short-term rentals hold up in the next economic downturn?
[9:32] What has the increased usage of short-term rentals done to the timeshare market?
[10:51] The way institutional investors are getting involved in short-term rentals
[15:42] Tax compliance
[18:57] How much do room/tourism/hotel taxes differ across the country?
Website:
www.MyLodgeTax.com
Jason Hartman talks with his Local Market Specialist from the Jacksonville/St Augustine markets about 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:
[2:28] The 3 types of properties the Jacksonville/St Augustine markets provide
[7:11] Who are the short-term rental target tenants?
[10:41] You can cash flow expensive properties, but you have to do it in a different way
Website:
www.JasonHartman.com/Properties
Jason Hartman talks with Bob Oakes, President of Village Realty, a short-term rental management company that's been in the business since the 1980s. The two discuss how the short-term rental landscape has changed over the decades and how technology is being used by his company to improve the tenant (and owner) experience.
Key Takeaways:
[3:06] How the short-term rental market has changed
[8:09] Smart locks have substantially changed check-in processes for short-term rentals
[10:54] What other smart home features Bob's group uses
[14:13] The most effective advertising you can do for your short-term rental
Website:
www.VillageRealtyOBX.com
Jason Hartman talks with Eric Anderson, The Airbnb Guy, about how to succeed in the short-term rental space today. Eric has been in the short-term market for about 20 years, so he's seen it all. Jason drills Eric on some best practices for generating bookings and gets Eric to dish the #1 thing to do to increase listing requests (hint: it's not that expensive).
Eric also gives Jason his thoughts on what will happen to the short-term rental market when the next market downturn hits, as well as whether sites like Airbnb are going to go the way of Amazon by cannibalizing their customers and taking over the market.
Key Takeaways:
[1:15] How Eric got his start in short-term rentals
[3:09] Some best practice techniques
[6:03] The #1 thing to do to help get you enough listing requests to be picky with tenants
[8:49] What's the likely scenario for short-term rentals when the next recession hits
[12:22] Is Airbnb going to go the same route as Amazon and cannibalize their market?
Website:
www.BnBGuy.com
Jason Hartman talks with TJ Clark, co-founder & CEO of TurnKey Vacation Rentals, about making it easier for owners to manage their short-term rental properties. TJ explains how he's trying to help owners evaluate tenants and why they're pickier than places like Airbnb when it comes to guests.
Key Takeaways:
[1:51] What Turnkey Vacation Rentals does and why it matters
[6:50] How TJ's company helps evaluate potential tenants and monitor your property
[8:52] Why Turnkey feels the need to verify guests more than AirBnB does
[12:10] What's next for Turnkey?
Website:
www.TurnkeyVR.com
Jason Hartman talks with Chuck Hattemer, Co-Founder & CMO at Onerent, about how their technology is changing the property management game. Chuck and Jason discuss the big problems that face investors and renters, and how Chuck aims to solve those problems, including how they're attempting to eliminate vacancy losses.
Key Takeaways:
[1:39] What is Onerent?
[5:54] The biggest problem Onerent sees is fragmentation
[11:38] Who is Onerent competing with?
[12:55] The next phase of real estate and what services are coming up in the space
[17:49] The industry is becoming more and more refined and efficient, which should excite investors
Website:
www.Onerent.co
Jason Hartman talks with Marcos Jacober, Airbnb Superhost and author of Eat This Mr. President: How a Brazilian Immigrant Went from Truck Driver to Millionaire in 4 Years, about how to pick short-term rental markets, what properties to target, and convincing landlords to let you use their properties for short-term rentals.
Key Takeaways:
[3:07] Where the idea behind Marcos' Airbnb business came from
[5:03] What kinds of properties does Marcos target?
[6:52] What is the "Burger King Effect"?
[10:36] Marcos' advice to hotels if they want to compete with short-term rentals
[14:05] How to convince a landlord to let you use their house for a short-term rental
[16:43] Marcos has had better luck convincing investors to let him use their homes rather than homeowners
[20:38] It's never been easier to become financially free, and the sharing economy is the future
[22:30] How Marcos deploys his capital
[26:28] How to find "struck off" lists
Website:
www.MarcosJacober.com
Eat This Mr. President: How a Brazilian Immigrant Went from Truck Driver to Millionaire in 4 Years
www.JasonHartman.com/Events
In this off topic 10th Episode, Jason Hartman talks with Adam Andrzejewski, founder & CEO of www.OpenTheBooks.com, about wasteful government spending and how President Trump is doing at stemming the tide. Open the Books' mission is to track "every dime, online", even going so far as to have an app where people can follow the money in as close to real time as possible.
Adam discusses how pervasive the pork barrel spending is, how large the trough has grown, and what areas are most ripe for trimming.
Key Takeaways:
[2:34] Why is Open the Books different from other government spending watchdogs?
[6:14] How is the Trump administration doing when it comes to government spending?
[10:30] Absurd levels of grants ($600 billion) were given out in the final year of Obama
[13:07] Pork barrel spending knows no party affiliation
[17:07] It's our constitutional right as citizens to see all the expenditures of our government
[21:36] 2016s highest bonuses
Website:
www.OpenTheBooks.com
Jason Hartman talks with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down. The two also discuss the wide range of uses AVMs have, how they're going to be changing moving forward, and how short-term rentals are impacting housing markets across the country.
Key Takeaways:
[1:23] The biggest AVM people know about is Zillow
[2:25] The science (and accuracy) behind current AVMs
[5:18] 2 things that are stopping a database from happening that would significantly improve appraisals
[9:49] How does the AVM come up with a value?
[15:24] What the AVMs do outside of simply valuing individual homes
[17:45] The future of AVMs
[21:04] The effects of the short-term rental market on the overall housing market
Website:
www.GreenfieldAdvisors.com
www.AVMAnalytics.com
Jason Hartman interviews Rich Dad Advisor Ken McElroy, who will be speaking at this year's Meet the Masters of Income Property in La Jolla. Ken tells Jason some of the most common mistakes he sees real estate investors make, why you can't just buy real estate any time you like, and some tips on how to do property management the right way.
They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.
Key Takeaways:
[4:51] The two common mistakes Ken sees in real estate investors
[6:54] Real estate is cyclical, so you can't just buy all the time throughout your career
[9:16] Ken's real estate business model
[10:55] Some tips on how to do property management right
[13:36] C class properties look good on paper, but in the long run, better quality properties bring better quality tenants
[20:23] It's important to treat all your residents as your customers
[21:49] Is the idea of home ownership a myth?
[23:55] Population growth and migration are two things critical to investment success
[27:14] The state of the states
Website:
www.MCCompanies.com
Jason Hartman talks with Steven Quintanilla, co-founder of SpaceCadet, about the short-term rentals. But this time, however, we're not talking about short-term residential property, but short-term commercial property rentals. Steven tells Jason about how the process works and the arrangement can benefit both sides in certain situations.
Key Takeaways:
[8:33] What is a micro-rental?
[15:22] Are there any places to go to browse available properties?
Website:
www.SpaceCadet.io
Jason Hartman talks with Nate Secor about his transition from the long-term rental market into the short-term rental universe. Nate opens up and shares profit margins, business planning, home picking, furniture finding and more as these two discuss every aspect of starting up your short-term empire.
Key Takeaways:
[1:36] Nate's evolution from long term rentals to short-term
[6:04] One of the mistakes Nate's made along his short-term rental journey, and why you should target cities that charge a tourism tax
[10:32] Nate's an Airbnb only guy, but what would his second platform be if he were using one?
[11:50] What to look for in a property for a short-term rental
[13:44] How Nate is pricing his properties
[17:43] Does Nate actually visit the properties he has? And how do he and his partner split responsibilities?
[22:40] Where to find furniture and housewares
Jason Hartman talks with J Massey, real estate investor, author and host of the Cashflow Diary Podcast, about his new venture into short term rentals. J and Jason discuss why J has gone into the market, where he finds the best prices, what technologies J is using in his units, and the systems he's put in place to ensure his operation runs smoothly.
Key Takeaways:
[2:06] J has done many different types of real estate, why is he in short-term rentals now?
[6:16] How J realized how to leverage high priced real estate
[9:33] J rents out entire apartment complexes for short term rentals
[10:37] The #1 reason an owner would let you rent their place to turn into a short term rental
[14:04] Where J finds the best prices
[19:38] What locks and sound monitors does J like & use?
[24:31] A unique differentiator for J's units
[28:21] Is there any concern that the next downturn will cause a spike in vacancy rates?
[32:04] What systems does J have in place?
[36:42] Can you self manage short-term rentals while you have a full time job?
Websites:
www.CashflowDiary.com
www.NoiseAware.io
Jason Hartman talks to Robbie Kramer, co-founder of SenStay, about how to invest in the short-term rental business. Robbie and his company owner or manage over 100 units, and peaked at over 250 before scaling back.
Robbie talks markets that have been good for their company, how to turn a leased property into a short-term rental, how much you should expect to pay a short-term rental property manager, and a lot more tips on how to get up to a 6x return on your money.
Key Takeaways:
[2:14] How Robbie got into short-term rentals
[5:53] When he first started, Robbie didn't tell some landlords what he was doing, which got him into some trouble
[7:21] Where Robbie sources his furniture and other furnishings
[10:22] How does Robbie deal with the uncertainty of getting a place, spending money to furnish it, then hoping for bookings?
[13:17] What Robbie does & doesn't like about each of the short-term rental website platforms
[17:29] How is Robbie paying the on the ground manager?
[21:40] What kind of technology Robbie is using in his rentals
[25:49] Robbie's bread and butter investing technique
[27:57] How do you convince a landlord to let you turn their house into a short term rental?
[31:46] Memphis is becoming a short-term rental market where you can 4-6x your money
[33:52] How much do short-term rental managers cost and what should you be looking for in one?
Website:
www.SenStay.com
Jason Hartman talks with James Guzman, founder of San Miguel de Allende Vacation, about some of the tools he's using to run his vacation rentals, as well as tips for convincing landlords that they should allow you, the renter, to use their residence as a short term rental.
They also delve into how to recoup money tenants owe you, and how to truly have a successful short term rental business.
Key Takeaways:
[1:32] Some of James' favorite technologies & tools to aid him in his STRs
[6:46] Is James comfortable self-managing remotely?
[10:35] The complaint process on AirBnB for recouping money tenants owe you for damages/checking out late/extra people staying
[12:54] James' advice on how to have a successful STR business
[15:36] How James handles his landlord when he rents out the place as a STR
Website:
www.SanMigueldeAllendeVacation.com
www.BorderlessPodcast.com
Flavia Berys, host of the Lifestyle Solopreneur podcast and teacher at Landlord Prep, joins the show to discuss the current legal landscape of short term rentals. The fight between residents and landlords of short term rentals isn't going to end anytime soon, but Flavia has her finger on the pulse when it comes to what's happening right now.
She discusses where to find good, long term tenants, and gives some tips on how to properly manage your properties to get the best reviews from your tenants, and keep your things safe.
Key Takeaways:
[4:03] What is the status of STRs in California
[6:21] The issue of laws for STRs and property rights of the owner
[12:51] 2-3 month long rentals for traveling professionals is a great market, but where do you find them?
[15:36] You need to decide what amenities to offer from the onset
[18:53] How Flavia uses her security system, and how you have to deal with cameras and your tenants
[21:41] How remote Flavia manages her properties, and a reminder that being a STR host is MUCH more personal than being a landlord
Websites:
www.LandlordPrep.com
www.FurnishedFinder.com
www.SimpliSafe.com
Homee on Demand is a new app that's aiming to make property management from afar easier than it's ever been before. Your tenant can alert you to a problem, send you a picture of the issue, you can get a quote, and verify the issue is taken care of.
Listen in as Sara McFarland gives a rundown of the service, how they ensure you don't get ripped off, and how you can best use it in your portfolio.
Website:
www.HomeeOnDemand.com
For our first 10th episode show, Jason goes off topic with former Marine snipe Jake Wood, now co-founder of Team Rubicon and author of Take Command: Lessons in Leadership: How to be a First Responder in Business. Team Rubicon takes military veterans and utilitizes their unique training for disaster response more effective and efficient.
The two discuss the important elements of leadership, some tips on succeeding in high stakes environments, and making sure you're knocking out the important things in your life rather than just skating by.
Key Takeaways:
[2:19] The mission of Team Rubicon
[6:32] How Jake ended up writing his book
[8:33] Being comfortable with the 80% solution
[12:21] Tackling your To-Do list in the proper fashion
[15:54] Some tips Jake learned in the military on how to succeed in a high stakes environment
Websites:
www.TeamRubiconUSA.org
www.Jake-Wood.com
Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.
Key Takeaways:
[3:36] The 30,000 foot overview of the GOP Tax Reform
[5:31] Will this tax reform create a repatriation of wealth back to the US?
[9:22] The move that mobilized the GOP forces toward tax reform
[11:19] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals
[13:29] The standard deducation has been increased, which should increase the number of simple 1040s being filed
[16:30] The single largest revenue raiser in the entire bill
[18:42] The change in mortgage interest deductions could cause a dampening in the high end real estate market
[21:12] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul
[23:03] Pass-through businesses are getting a 20% deduction
[30:02] The accelerated bonus depreciation is enormous for real estate investors
[33:34] Changes to the 1031 Exchange rule
[37:37] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques
[39:26] 529 plans (education plans for children) can now be used to pay for private schools
[40:00] Some tax changes that were EXPECTED but didn't end up happening
Website:
www.JasonHartman.com/Masters
www.JasonHartman.com/Contest
www.IndigoSpire.com
The short-term rental market ranges from random studio apartments in any city across America to high end vacation homes in desirable markets. InvitedHome manages properties in the high end vacation home side of things and is trying to bring professionalization into the short-term rental market.
Market share for short-term rentals has exploded in the past decade, becoming roughly 4x bigger than it was in 2007 when Michael entered the arena. Jason and Michael discuss why InvitedHome picked the market they picked, what kind of return investors can expect to see, and what the future of the industry looks like.
Key Takeaways:
[1:14] What is InvitedHome?
[6:01] InvitedHome saw an opportunity when they realized they could brand themselves as a company with quality destinations
[7:39] How InvitedHome chooses which homes to add to their network
[8:33] 3 key factors that impact your home's rental potential
[9:41] The Gross Rental Revenue to Purchase Price Ratio many investors are looking for in short-term rentals
[12:34] The process of when the homeowner wants to use the vacation home and not rent it out
[14:37] The current size of the short-term rental market is $100 billion
Website:
www.InvitedHome.com
There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.
Key Takeaways:
[01:23] Are we at the end of a business cycle?
[04:50] Ali uses the Quits ratio to judge the state of the economy.
[06:59] Three critical indicators to use as early warning signs to a possible market drop.
[09:49] Wiil Millennials be staying put and buying homes or are they the rental generation?
[16:53] Why modern, prefab homes may offer Millennials more amenities than space.
[27:54] Inventory of existing, resale housing is lower in every single market Zondo tracks.
Website:
www.RealEstateTools.com
www.JasonHartman.com/Ask
www.MeyersLLC.com
www.Zonda.co
Business conscious people are leaving California in droves. Expert, Author, Attorney, Speaker and Advisor, Garrett Sutton shares his insight as to possible reasons for the mass exodus. He also describes the latest changes to IRS rules regarding LLCs and LPs, how income property investors can protect themselves from internal and external threats and how property holders can avoid large transfer taxes by utilizing a 1031 Exchange.
Garrett will be speaking during the upcoming Meet the Masters of Income Property in January 2018.
Key Takeaways:
[2:10] California’s LLC, Estate, and Transfer Tax grabs.
[8:03] Hey California! A 1031 Exchange is supposed to be tax-free.
[13:25] New IRS rules for auditing LLCs and LP’s.
[18:43] The importance of choosing the right state to form and hold your LLC.
[27:15] Garrett Sutton explains the internal and the external attacks on LLCs.
Website:
Meet the Masters of Income Property Event
Corporate Direct - 1-800-600-1760
Maureen Regan, President of Seaside Vacation Rentals and former president of Vacation Rental Management Association, joins the show to talk about what's going on in the short term rental market, how your home can actually take less of a beating with short term tenants, how to market your property, and how to be a good host.
Key Takeaways:
[3:38] Where Maureen's properties are and how business is
[6:52] How it's possible that short term rentals wear your properties less
[10:02] Maureen's thoughts on the improvement smart homes have brought to hosts
[15:18] What it takes to be a good host
[18:45] Accounting and organizational tips
Website:
www.SeasideRentals.com
The Rental Game: Winning with a Professional Vacation Rental Team by Maureen Regan
While sites like AirBNB and HomeAway have brought short term rentals into the limelight, it's not a new thing. In fact it's been around for more than 3 decades.
Today's guest, Mike Harrington, is President of Topsail Realty and President of the Vacation Rental Management Association (which was formed in 1985). He and Jason discuss what's going on in the vacation rental market, the march toward standardization, and what kind of fees you should expect if you go with a property manager for your property.
Key Takeaway:
[1:40] How the vacation rental market is doing right now
[6:58] The short term rental market right now is dealing with how to create professional standards in a non-standard marketplace
[10:07] What direction do short term rentals need to go to avoid massive legislation being placed on them from the hotel lobby?
[13:51] The best thing to do if you're looking to get into the short term rental market
[15:24] What kind of property management fees should investors be expecting?
Website:
www.TopSailRealty.com
www.VRMA.org
Sites like AirBnB, HomeAway and the like are popping up and being used more than ever. Many people believe that they need to be in high traffic cities like LA, NY, Miami, etc, in order to take advantage of owning a short term rental property.
Wendy Sweet, Principle of Carolina Hard Money, talks with Jason Hartman about how she's making her AirBnBs thrive out in "the middle of nowhere" and some of her pricing tips and tricks to make her short term rental profits double those of her single family long term rental properties.
Key Takeaways:
[1:42] Who are the AirBnB tenants in the middle of nowhere?
[4:32] Wendy's strategy for putting her homes on the market
[7:07] Wendy's pricing strategy for filling any vacancies, and how AirBnB helps with it
[12:42] Wendy's experience experimenting with AirBnB's Smart Pricing software
[15:20] The one problem guest Wendy has had so far
[18:37] How technology can make being a Short Term Rental host possible from long distance, and whether Wendy is using any currently
[22:28] Comparing Wendy's experience with long term vs short term rentals
Website:
www.CarolinaHardMoney.com
The sharing economy isn't going anywhere, and people can make a lot of money getting involved. But you have to be smart about how you invest. Each property is different, each market is different, and each day is different, which can make figuring out exactly which properties are going to be best for purchase.
Scott Shatford, founder of AirDNA, talks with Jason Hartman about the tools his company offers that can help investors.
Key Takeaways:
[0:30] The genesis of AirDNA
[4:45] The process of diving into a market to search for a property
[8:47] Average occupancy rates around the US and what, if anything, it means
[11:16] What the government is trying to do to find rogue AirBnB hosts
[16:21] How AirDNA's pricing tools can help investors
Website:
www.AirDNA.co
Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals.
Key Takeaways:
[2:43] Julia has about 30 listings for her 7 homes
[6:56] Julia's portfolio prior to starting short-term rentals
[9:40] The importance of the review system in the short-term rental market
[12:45] Julia started her short-term rental career by moving out of her own house and renting it out, and got rid of some of her long-term rental homes
[16:37] Short-term rentals and problems with neighbors
[21:10] Red flags (and green flags) for properties you're considering for short-term rentals
[25:38] What team members do you need in order to self-manage?
[31:11] Whether Julia has ever looked into using (or used) a property manager
[34:28] How Julia streamlines her operations
[38:08] A real life example of what kind of profits Julia makes on her properties
Website:
www.JuliaMSpencer.com