Creating Wealth Real Estate Investing & Income Property

Does real estate investment beat the stocks, even when the tenant doesn’t pay? Jason Hartman and investment counselor, Adam discuss the perks of real estate investment compared to the stock market, even when the tenant doesn’t pay. This question strikes a chord as millions of Americans will have trouble paying their rent or mortgage on April 1. 

Remember to 1) stay calm 2) keep good counsel 3) keep your eye on the ball and 4) take action.

Jason is joined with Tom, to wrap up some advice and details about the 1031 tax-deferred exchange alternative. 

Key Takeaways:

[4:00] Millions of Americans will have trouble paying rent/mortgage

[7:15] Stay calm, keep good counsel, keep your eye on the ball and take action

[11:23] Will there be a decline in the use of public spaces?

[16:45] Does real estate beat the stock market? 

[19:55] What is the average return on real estate investment? Adam shares his experience with the 100k home

[23:00] Johnny from Arlington

[24:25] The loan modification culture is back

[25:05] Learn More: Strategic Defaults & Loan Modifications

[29:55] Reach out to one of our investment counselors to build a relationship with them and to gain some knowledge in a given market

[31:45] The 1031 Tax-Deferred Exchange Alternative, Part II with Tom

Websites:

TAX SALE Webinar Link

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Today’s Flash Back Friday comes from Episode 719, originally published August 29, 2016

In the first half of today’s episode Jason debunks Peter Schiff’s theory on China’s Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today’s guest, David Merrill of Nationwide Eviction Services shares the benefits of his company’s software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company’s comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property’s zip code.

Key Takeaways:

[1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service.

[4:51] Debunking Peter Schiff's The Great Decoupling Theory.

[9:34] A few points about the Business Insider article which addresses China’s middle class.

[18:00] Global trade is good but the current US complex trade agreements are not good.

[20:16] The 3 basic economic scenarios are inflation, deflation and stagnation.

[26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country?

[28:59] An eviction is a two-part process, if you plan on recovering your funds.

[31:43] Which states have landlord friendly or landlord unfriendly markets?

[39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process

[44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code.

Websites:

www.JasonHartman.com

1-800-HARTMAN

Today’s Flash Back Friday comes from Episode 719, originally published August 29, 2016

In the first half of today’s episode Jason debunks Peter Schiff’s theory on China’s Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today’s guest, David Merrill of Nationwide Eviction Services shares the benefits of his company’s software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company’s comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property’s zip code.

Key Takeaways:

[1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service.

[4:51] Debunking Peter Schiff's The Great Decoupling Theory.

[9:34] A few points about the Business Insider article which addresses China’s middle class.

[18:00] Global trade is good but the current US complex trade agreements are not good.

[20:16] The 3 basic economic scenarios are inflation, deflation and stagnation.

David Merrill Guest Interview:

[23:34] A software solution to the age old problem of eviction.

[26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country?

[28:59] An eviction is a two-part process, if you plan on recovering your funds.

[31:43] Which states have landlord friendly or landlord unfriendly markets?

[35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets.

[37:25] People should standardize all of their collection efforts on all of their properties.

[39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process

[44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code.

[48:12] Contact information for David Merrill and his closing thoughts.

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Stay Calm, Keep Good Counsel, Keep Your Eye On The Ball, Take Action. Rinse, and repeat. Jason Hartman is joined in today’s episode with his co-host from the Solomon Success Show, Rabbi Evan Moffic. Evan brings up some challenging questions about a new potential tax break from the CARES Act. What does Trump bring to the table as our first RE President? Will there be a global currency or an ever-growing nationwide rental assistance program?

Key Takeaways:

[1:25] New tax break, CARES Act, using depreciation to offset capital gains? 

[5:20] Trump is the first RE President

[8:30] Herd immunity thoughts in the U.S.

[10:00] Public health is linked to the economy

[12:30] Stay calm, keep good counsel, keep your eye on the ball, take action

[23:00] Review from a listener, Andrew. Thank you!

[25:15] Will we go to a nationwide rental assistance program, like section-8?

[27:00] Will there be a push to a crypto-currency? 

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Stay Calm, Keep Good Counsel, Keep Your Eye On The Ball, Take Action. Rinse, and repeat. Jason Hartman is joined in today’s episode with his co-host from the Solomon Success Show, Rabbi Evan Moffic. Evan brings up some challenging questions about a new potential tax break from the CARES Act. What does Trump bring to the table as our first RE President? Will there be a global currency or an ever-growing nationwide rental assistance program?

Key Takeaways:

[1:25] New tax break, CARES Act, using depreciation to offset capital gains? 

[5:20] Trump is the first RE President

[8:30] Herd immunity thoughts in the U.S.

[10:00] Public health is linked to the economy

[12:30] Stay calm, keep good counsel, keep your eye on the ball, take action

[23:00] Review from a listener, Andrew. Thank you!

[25:15] Will we go to a nationwide rental assistance program, like section-8?

[27:00] Will there be a push to a crypto-currency? 

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason speaks with a client about their experience with a tenant not paying April 1. What are some creative resolutions to a tenant not being able to pay in hard times? In most situations, being strict with your tenant is advised, but in times as tragic as these, compassion goes a long way. What’s to come of China’s role in the world?

In part two of today's show, Adam checks in with a lender for updates on mortgage rates and what to expect going forward. Lenders are still wary about how the market will go but advances in technology are being improved to close deals remotely. This is because tools are becoming more readily available like online notary with video proof. 

Key Takeaways:

[2:30] Tenants aren’t paying rent, but it’s our time as landlords to adjust our strategies

[8:00] Have a little compassion for your tenants 

[12:30] Look for creative resolutions to tenants not able to pay April rent

[25:15] Unemployment claims typically hover around $600k (weekly basis), predicted by Goldman Sachs to rise to $2.25 million

[39:00] If you want to know what’s best for your rate, you want to see the fed or other entities buying up mortgage-backed securities

Websites:

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason speaks with a client about their experience with a tenant not paying April 1. What are some creative resolutions to a tenant not being able to pay in hard times? In most situations, being strict with your tenant is advised, but in times as tragic as these, compassion goes a long way. What’s to come of China’s role in the world?

In part two of today's show, Adam checks in with a lender for updates on mortgage rates and what to expect going forward. Lenders are still wary about how the market will go but advances in technology are being improved to close deals remotely. This is because tools are becoming more readily available like online notary with video proof. 

Key Takeaways:

[2:30] Tenants aren’t paying rent, but it’s our time as landlords to adjust our strategies

[8:00] Have a little compassion for your tenants 

[12:30] Look for creative resolutions to tenants not able to pay April rent

[17:40] Now, what is China’s role in the world, it’s changed so fast?

[28:00] When mortgage rates hit historic lows, and everyone is trying to refinance in one month, lenders hit capacity

[29:30] As we look for normalcy in the market, lenders are still very wary of where it may go

[25:15] Unemployment claims typically hover around $600k (weekly basis), predicted by Goldman Sachs to rise to $2.25 million

[39:00] If you want to know what’s best for your rate, you want to see the fed or other entities buying up mortgage-backed securities

[42:40] Technology is making advances so loans can continue to close, eg. online notary

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

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

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

Will renters strike on April 1? Investment counselor, Sara, joins Jason on the show today to discuss recent market changes and available properties. Interestingly, mortgage rates are on the rise while Fed Rates drop. You’ve heard of trickle-down economics, but let’s discuss trickle-up economics right now. Lastly, the expectation for a home is shifting slightly, as home offices become a much-needed accessory.  

Key Takeaways:

[2:10] Fed Rates drop but mortgage rates go back up

[3:00] Non-owner-occupied investor mortgage rates are different than primary residence mortgage rates

[6:30] Commercial real estate is to be considered more-so a business, and less-so an investment

[12:15] Trickle up economics

[13:17] Property Update: Mobile, Alabama $95k with rent of $950

[15:00] Will there be an expansion in Section-8 housing?

[21:05] An investment property in the longest-running market for JasonHartman.com: Indianapolis, Projected Cash Flow $259/month

[24:00] On a budget new investors, keep waiting

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN