Creating Wealth Real Estate Investing & Income Property

The Science of Spectacular Living with Dr. Bob Wright Author of ‘Beyond Time Management: Business With A Purpose’

Originally aired on CW 320.

Jason Hartman interviews Dr. Bob Wright, co-author of Transformed! The Science of Spectacular Living and Beyond Time Management: Business with a Purpose, to talk about the science and positive results in personal transformation and finding purpose. 

Dr. Wright discusses identifying inner yearnings, becoming more engaged, and becoming more aware of our programming (limitations) and changing them. He explains the difference between learning and growing and how to transform our lives by rebuilding neuro pathways in the brain. He also defines the three types of happiness – hedonic, engaged and meaningful – and how to create an intimate relationship with our fears in order to transform. 

Dr. Wright then talks with Jason about finding deeper purpose in business, creating a more meaningful, more fulfilling experience.Dr. Robert Wright is a highly successful entrepreneur, world-class executive coach, and dynamic corporate consultant.

In this solo episode, Jason recaps the extraordinary Venture Alliance Mastermind in Chicago this past weekend and he continues to advocate for the buy and hold, long-term investment strategy of income property. It is truly the most historically-proven asset class in the world. Jason also shares pertinent real estate articles demonstrating the absolute folly of the over-priced, luxury home market and an article about the hourly wage your renters must make to afford a two bedroom home in various states in the US.  

Key Takeaways:

[01:12] Venture Alliance Mastermind wrap-up.

[04:03] $51M  Foreclosure Signals Bad News for Luxury Market.

[09:16] The opportunity cost of letting your money sleep.

[18:51] Linear, cash-flow market real estate investors should avoid trying to time the market.

[21:43] The concept of sunk cost bias influences us to stay in a bad deal.

[27:39] Refi-till-you-die leverages your property so you can take advantage of inflation induced debt destruction.

[29:59] Pet rent should be charged to tenants with pets.

[35:16] Make ready costs can be reduced long-term by using quality paints and surfaces.

[36:12] What hourly wage do you need to make to rent a two bedroom home in states around the US?

Mentioned in This Episode:

Venture Alliance Mastermind

http://venturealliancemastermind.com/

$51M Foreclosure Signals Bad News in Luxury Market by Gina Carey

http://www.newser.com/story/244858/51m-foreclosure-signals-bad-news-in-luxury-market.html

Property Tracker

https://www.propertytracker.com/

Real Estate Tools

http://realestatetools.com/

In this solo episode, Jason recaps the extraordinary Venture Alliance Mastermind in Chicago this past weekend and he continues to advocate for the buy and hold, long-term investment strategy of income property. It is truly the most historically-proven asset class in the world. Jason also shares pertinent real estate articles demonstrating the absolute folly of the over-priced, luxury home market and an article about the hourly wage your renters must make to afford a two bedroom home in various states in the US.  

Key Takeaways:

[01:12] Venture Alliance Mastermind wrap-up.

[04:03] $51M  Foreclosure Signals Bad News for Luxury Market.

[09:16] The opportunity cost of letting your money sleep.

[18:51] Linear, cash-flow market real estate investors should avoid trying to time the market.

[21:43] The concept of sunk cost bias influences us to stay in a bad deal.

[27:39] Refi-till-you-die leverages your property so you can take advantage of inflation induced debt destruction.

[29:59] Pet rent should be charged to tenants with pets.

[35:16] Make ready costs can be reduced long-term by using quality paints and surfaces.

[36:12] What hourly wage do you need to make to rent a two bedroom home in states around the US?

Mentioned in This Episode:

Venture Alliance Mastermind

http://venturealliancemastermind.com/

$51M Foreclosure Signals Bad News in Luxury Market by Gina Carey

http://www.newser.com/story/244858/51m-foreclosure-signals-bad-news-in-luxury-market.html

Property Tracker

https://www.propertytracker.com/

Real Estate Tools

http://realestatetools.com/

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents. And if you are looking for additional properties, be sure to get pre-approved for financing before the Oklahoma Property Tour and JHU Live event.

Key Takeaways:

[03:52] Oklahoma City has a lot of inventory available and you can see it on the upcoming property tour.

[09:13] What does the spike in interest rates mean for investors?

[15:27] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[19:37] Local Market Specialists and Investment Counselors are always working in the client's best interest.

[29:01] It's important to get pre-approved for financing in today's seller’s market.

[30:30] Jason hints about the location for the next Venture Alliance Mastermind.  

Mentioned in This Episode:

Grant’s Interest Rate Observer

https://www.grantspub.com/

Venture Alliance Mastermind

http://venturealliancemastermind.com/

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents. And if you are looking for additional properties, be sure to get pre-approved for financing before the Oklahoma Property Tour and JHU Live event.

Key Takeaways:

[03:52] Oklahoma City has a lot of inventory available and you can see it on the upcoming property tour.

[09:13] What does the spike in interest rates mean for investors?

[15:27] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[19:37] Local Market Specialists and Investment Counselors are always working in the client's best interest.

[29:01] It's important to get pre-approved for financing in today's seller’s market.

[30:30] Jason hints about the location for the next Venture Alliance Mastermind.  

Mentioned in This Episode:

Grant’s Interest Rate Observer

https://www.grantspub.com/

Venture Alliance Mastermind

http://venturealliancemastermind.com/

Originally aired on CW 343.

Tom Kraeutler is the President of Money Pit Media and Co-host of “The Money Pit,” the nation’s largest nationally syndicated home improvement radio program. He is a home improvement expert.

In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance.

Originally aired on CW 343.

Tom Kraeutler is the President of Money Pit Media and Co-host of “The Money Pit,” the nation’s largest nationally syndicated home improvement radio program. He is a home improvement expert.

In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance.

Jason welcomes two guests to the show today. First, private lender Bill Green gets specific with available rates and financing offers available for buy and hold 30-year loans and shorter span bridge loans. He describes the differences between the options and shares and example of when each loan may be applicable for the purchase of your next property. And later in the show, Daren Blomquist returns to the podcast to give us a real estate market update and to provide some unique market data tools his company created. Supply is low and demand is high. If a property makes financial sense buy, buy, buy.

Key Takeaways:

[01:23] Private lenders help fill the gap between agency loans and hard-money lenders.

[05:05] Bill Green explains the financing and rates available for long-term and bridge loans.

Daren Blomquist Guest Interview:

[17:21] Home price appreciation accelerated during the 1st quarter.

[20:01] Linear markets may be morphing into hybrid markets during this period of high demand.

[25:49] Technology makes geography less and less important.

[27:41] Daren describes the Housing Affordability Index tool and the Pre-mover Index tool.

[35:45] Income Property Investors should be wary of high appreciation markets.

[37:52] Are the front lines of the real estate market backing out because they smell trouble?   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

ATTOM Data Solutions

ATTOM Home Affordability Index

Jason welcomes two guests to the show today. First, private lender Bill Green gets specific with available rates and financing offers available for buy and hold 30-year loans and shorter span bridge loans. He describes the differences between the options and shares and example of when each loan may be applicable for the purchase of your next property. And later in the show, Daren Blomquist returns to the podcast to give us a real estate market update and to provide some unique market data tools his company created. Supply is low and demand is high. If a property makes financial sense buy, buy, buy.

Key Takeaways:

[01:23] Private lenders help fill the gap between agency loans and hard-money lenders.

[05:05] Bill Green explains the financing and rates available for long-term and bridge loans.

Daren Blomquist Guest Interview:

[17:21] Home price appreciation accelerated during the 1st quarter.

[20:01] Linear markets may be morphing into hybrid markets during this period of high demand.

[25:49] Technology makes geography less and less important.

[27:41] Daren describes the Housing Affordability Index tool and the Pre-mover Index tool.

[35:45] Income Property Investors should be wary of high appreciation markets.

[37:52] Are the front lines of the real estate market backing out because they smell trouble?   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

ATTOM Data Solutions

ATTOM Home Affordability Index

Originally aired on CW 343.

Tom Kraeutler is the President of Money Pit Media and Co-host of “The Money Pit,” the nation’s largest nationally syndicated home improvement radio program. He is a home improvement expert.In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance.