Creating Wealth Real Estate Investing with Jason Hartman

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 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

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 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

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 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

Today's Flash Back Friday comes from Episode 1022, originally published in July 2018.

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older.

Key Takeaways:

[2:41] Why Jason has long believed the idea of public unions is ridiculous

[6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone

[9:54] Mason's question on renting his primary residence

[18:42] RV Ratios apply world wide

[19:23] How is depreciation unwound?

[24:58] Is it wise to put 100% down on a property if you have the cash?

Website:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Today's Flash Back Friday comes from Episode 1022, originally published in July 2018.

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older.

Key Takeaways:

[2:41] Why Jason has long believed the idea of public unions is ridiculous

[6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone

[9:54] Mason's question on renting his primary residence

[18:42] RV Ratios apply world wide

[19:23] How is depreciation unwound?

[24:58] Is it wise to put 100% down on a property if you have the cash?

Website:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Today's Flash Back Friday comes from Episode 1022, originally published in July 2018.

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older.

Key Takeaways:

[2:41] Why Jason has long believed the idea of public unions is ridiculous

[6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone

[9:54] Mason's question on renting his primary residence

[18:42] RV Ratios apply world wide

[19:23] How is depreciation unwound?

[24:58] Is it wise to put 100% down on a property if you have the cash?

Website:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Successful people aren't martians! Success is possible for everyone. Jason Hartman speaks on taking advantage of a lucky situation by preparing for the opportunities that will inevitably drop into our lives.

Then, Jason and George Gammon return for the conclusion of our three part story: the building blocks of the Jason Hartman Risk Evaluator. Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market.

Key Takeaways:

[3:45] The vast majority of us came from very humble beginnings

[8:06] "Luck is what happens when preparation meets opportunity" - Seneca

[10:24] The content is what happens, the context is the environment (our head) it happens in

[17:45] The risk when investing is in high land values

[18:26] Three types of markets: linear, cyclical and hybrid. What market is a preferred market for investing?

[23:00] Low land value equals low risk, high land value equals high risk

[28:10] Human biases: recency bias, sunk-cost bias, and certainty bias can all distract an investor

Websites:

www.JasonHartman.com/Properties

The PropertyCast

www.WeGoLook.com

www.NoLo.com

www.RocketLawyer.com

www.Buildium.com

Successful people aren’t martians! Success is possible for everyone. Jason Hartman speaks on taking advantage of a lucky situation by preparing for the opportunities that will inevitably drop into our lives.

Then, Jason and George Gammon return for the conclusion of our three part story: the building blocks of the Jason Hartman Risk Evaluator. Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market.

Key Takeaways:

[3:45] The vast majority of us came from very humble beginnings

[8:06] “Luck is what happens when preparation meets opportunity” - Seneca

[10:24] The content is what happens, the context is the environment (our head) it happens in

[17:45] The risk when investing is in high land values

[18:26] Three types of markets: linear, cyclical and hybrid. What market is a preferred market for investing?

[23:00] Low land value equals low risk, high land value equals high risk

[28:10] Human biases: recency bias, sunk-cost bias, and certainty bias can all distract an investor

Websites:

www.JasonHartman.com/Properties

The PropertyCast

www.WeGoLook.com

www.NoLo.com

www.RocketLawyer.com

www.Buildium.com

Successful people aren’t martians! Success is possible for everyone. Jason Hartman speaks on taking advantage of a lucky situation by preparing for the opportunities that will inevitably drop into our lives.

Then, Jason and George Gammon return for the conclusion of our three part story: the building blocks of the Jason Hartman Risk Evaluator. Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market.

Key Takeaways:

[3:45] The vast majority of us came from very humble beginnings

[8:06] “Luck is what happens when preparation meets opportunity” - Seneca

[10:24] The content is what happens, the context is the environment (our head) it happens in

[17:45] The risk when investing is in high land values

[18:26] Three types of markets: linear, cyclical and hybrid. What market is a preferred market for investing?

[23:00] Low land value equals low risk, high land value equals high risk

[28:10] Human biases: recency bias, sunk-cost bias, and certainty bias can all distract an investor

Websites:

www.JasonHartman.com/Properties

The PropertyCast

www.WeGoLook.com

www.NoLo.com

www.RocketLawyer.com

www.Buildium.com