Accredited Income Property Investment Specialist (AIPIS)

Jason speaks with Bob Pozen about what a Trump administration could mean for the US real estate market on the whole. Potential changes in the works could mean good things to small and medium sized banks, as well as increasing how much big banks lend. Bob Pozen is a Senior Lecturer at MIT’s Sloan School of Management, a Senior Research Fellow at the Brookings Institute and former Associate General Counsel for the SEC. He has two books: Extreme Productivity, and Too Big to Save.

Key Takeaways:

[2:11] Legislation that may be changed through banking system while Dodd-Frank is left as is.

[5:50] There has been too much regulation on small to medium sized banks.

[7:33] The problems are Fannie Mae and Freddie Mac are they were never public nor private.

[11:13] The FHA and VA insure 100% of the mortgages made by banks.

[11:55] More money flowing into the real estate market will cause an upward pressure on prices.

[14:46] Home buying increases when rates start to go up but then level out.

[15:28] Pozen was chosen by President Bush to join a bipartisan commission to strengthen Social Security.

[17:00] Security and Exchange Commission has constraints regarding employees working for corporations after their service.

[19:22] Getting to the gist of Bob Pozen’s book Too Big to Fix.

[21:59] Peer-to-Peer lending is pretty much unregulated.

[23:38] As the economy strengthens banks should lend more.

Websites:

www.bobpozen.com

Andrew came up with the idea for Rented.com after hearing two vacation homeowners tell horror stories of the time and hassle involved in the self-management of their properties. With degrees from Harvard College, Harvard Law School, and Cambridge University, and experience working with some of the largest companies in the world during his time at McKinsey & Co. and Axiom, Andrew is excited to apply all he has learned to the sharing economy in order to create a better experience for all. Key Takeaways: [3:00] Rented.com's different business model [7:01] The process of renting your place to a management company [9:24] The ability to estimate your return prior to buying [13:08] What sorts of property management companies Rented.com works with [17:26] The potential pitfalls of using Rented.com [22:22] What sort of cut the management companies are looking to get in their deals [24:38] How using Rented.com might impact your homeowners insurance Website Mentioned: www.rented.com

Andrew came up with the idea for Rented.com after hearing two vacation homeowners tell horror stories of the time and hassle involved in the self-management of their properties. With degrees from Harvard College, Harvard Law School, and Cambridge University, and experience working with some of the largest companies in the world during his time at McKinsey & Co. and Axiom, Andrew is excited to apply all he has learned to the sharing economy in order to create a better experience for all.

Key Takeaways:

[3:00] Rented.com's different business model

[7:01] The process of renting your place to a management company

[9:24] The ability to estimate your return prior to buying

[13:08] What sorts of property management companies Rented.com works with

[17:26] The potential pitfalls of using Rented.com

[22:22] What sort of cut the management companies are looking to get in their deals

[24:38] How using Rented.com might impact your homeowners insurance

Website Mentioned:

www.rented.com

Kenneth D. Campbell created and edited an influential investment newsletter for twenty years; co-wrote The Real Estate Trusts: America's Newest Billionaires, first full-length book on REITs; and co-founded a global firm managing $22 billion in assets. He is also the author of the new book Watch that Rat Hole: And Witness the REIT Revolution Key Takeaways: [2:26] The history of REITs [7:16] The market of REITs [10:55] What type of REITs Kenneth prefers [14:50] A rundown of Kenneth's interactions with billionaires such as Sam Zell, Warren Buffett and more [18:55] The outlook on the regulatory impact on REITs [20:45] The impact Brexit will have on the real estate market Website Mentioned: www.watchthatrathole.com

Kenneth D. Campbell created and edited an influential investment newsletter for twenty years; co-wrote The Real Estate Trusts: America’s Newest Billionaires, first full-length book on REITs; and co-founded a global firm managing $22 billion in assets. He is also the author of the new book Watch that Rat Hole: And Witness the REIT Revolution

Key Takeaways:

[2:26] The history of REITs

[7:16] The market of REITs

[10:55] What type of REITs Kenneth prefers

[14:50] A rundown of Kenneth's interactions with billionaires such as Sam Zell, Warren Buffett and more

[18:55] The outlook on the regulatory impact on REITs

[20:45] The impact Brexit will have on the real estate market

Website Mentioned:

www.watchthatrathole.com

It is possible to self-manage properties you have never seen. David Merrill of Nationwide Eviction Services shares the benefits of his company's software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company's comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property's zip code. Key Takeaways: [2:34] A software solution to the age old problem of eviction. [5:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country? [7:59] An eviction is a two-part process, if you plan on recovering your funds. [10:43] Which states have landlord friendly or landlord unfriendly markets? [14:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets. [16:25] People should standardize all of their collection efforts on all of their properties. [18:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process [23:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code. [27:12] Contact information for David Merrill and his closing thoughts. Mentioned in This Episode: http://www.nationwideeviction.com/

It is possible to self-manage properties you have never seen.

David Merrill of Nationwide Eviction Services shares the benefits of his company’s software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company’s comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property’s zip code.

Key Takeaways:

[2:34] A software solution to the age old problem of eviction.

[5:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country?

[7:59] An eviction is a two-part process, if you plan on recovering your funds.

[10:43] Which states have landlord friendly or landlord unfriendly markets?

[14:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets.

[16:25] People should standardize all of their collection efforts on all of their properties.

[18:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process  

[23:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code.

[27:12] Contact information for David Merrill and his closing thoughts.  

Mentioned in This Episode:

http://www.nationwideeviction.com/

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions. Key Takeaways: [2:22] The Solo 401k was based on the Pension Protection Act of 2006. [4:26] The 3 main advantages of a Solo 401k. [11:19] There are two qualifications which differentiate a Solo 401k from a traditional Roth IRA. [16:19] The Solo 401k allows you to invest $18,500 of your self-employment income. [17:53] The IRS puts real estate investors in two categories one is a business and the other is a dealer. [22:23] The rules of an IRA are much stricter than the rules of a Solo 401k. [25:47] The most powerful thing an investor can do is to diversify. [27:49] Health care costs and college tuition are impacted the most by inflation. [28:11] The present value of money versus the future value of money and the lost opportunity costs of paying taxes on an IRA now. [32:42] It's impossible to know how the government will tax retirement plans in the future. [38:13] Jeff Nabers' company set up the only complete Solo 401k and designed an online tool. Website Mentioned: http://solo401k.com/creatingwealth

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions.  

Key Takeaways:

[2:22] The Solo 401k was based on the Pension Protection Act of 2006.

[4:26] The 3 main advantages of a Solo 401k.

[11:19] There are two qualifications which differentiate a Solo 401k from a traditional Roth IRA.  

[16:19] The Solo 401k allows you to invest $18,500 of your self-employment income.

[17:53] The IRS puts real estate investors in two categories one is a business and the other is a dealer.

[22:23] The rules of an IRA are much stricter than the rules of a Solo 401k.

[25:47] The most powerful thing an investor can do is to diversify.

[27:49] Health care costs and college tuition are impacted the most by inflation.

[28:11] The present value of money versus the future value of money and the lost opportunity costs of paying taxes on an IRA now.  

[32:42] It’s impossible to know how the government will tax retirement plans in the future.  

[38:13] Jeff Nabers’ company set up the only complete Solo 401k and designed an online tool.

Website Mentioned:

http://solo401k.com/creatingwealth

Gary has spent most of his career building businesses in the real estate, hospitality, and tech sectors. Immediately before Roofstock, Gary was co-CEO of Starwood Waypoint Residential Trust (NYSE: SWAY), one of the leading Single-Family Rental companies in the US. Gary founded Roofstock on the belief that the Single-Family Rental sector has stuck to the old way of doing things for far too long – it's an industry ripe for disruption. Roofstock is the first online marketplace created exclusively for investing in leased Single-Family Rental homes that generate cash flow day one. Created by investors for investors, Roofstock provides research, analytics, and insights to evaluate and purchase independently certified properties. Roofstock turns the old way of investing on its head, bringing transparency and efficiency to create a better way to transact. Buyers access vetted homes with current cash flow. Sellers market homes without lost income or disrupting tenants. Neighborhoods avoid signs in yards which could depress values. It's win-win all around. The most revolutionary aspect of the Roofstock marketplace is enabling investors to treat their real estate investments more like stock portfolios, focusing on asset allocation, rather than dealing with the hassles of researching and buying vacant homes that need to be repaired and leased. Key Takeaways: [1:42] What Roofstock is [4:35] The reality of the single-family rental home investor [7:10] Where Roofstock's inventory comes from [10:00] The 3D Rendering Roofstock does of each home in their inventory, and what benefit it creates [12:15] Who is there in the walk through for the property and how sellers don't have to pay for a lot of things they usually do [15:35] The number of transactions Roofstock has been able to do in their first 18 months [18:45] How the buying process works [22:00] The investment fund Roofstock recently released (and who is managing it) [25:00] Why Roofstock has properties in high end areas with RTVs below 1% [27:30] How the valuations of the property are done [30:10] What Roofstock does to find and certify property managers, and why investing close to where you live is an outdated idea Websites Mentioned: www.roofstock.com