Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 962, originally published in February 2018.

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice.

Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management.

Key Takeaways:

[2:46] The barbell that is crushing the supply of affordable homes

[6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption

[9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it

[13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down

Scott Client Case Study, Part 2

[21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago

[23:51] Scott's experience with the property managers in Jason's network

[28:25] The difference in self-management in office space versus residential

Websites:

www.JasonHartmanUniversity.com

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 962, originally published in February 2018.

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice.

Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management.

Key Takeaways:

[2:46] The barbell that is crushing the supply of affordable homes

[6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption

[9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it

[13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down

Scott Client Case Study, Part 2

[21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago

[23:51] Scott's experience with the property managers in Jason's network

[28:25] The difference in self-management in office space versus residential

Websites:

www.JasonHartmanUniversity.com

www.JasonHartman.com/Properties

Jason Hartman starts today's show talking with economist Thomas about the phenomenon going on in New York right now of people voting with their feet. The two tackle a video that suggests that the state could end up losing two congressional seats, which would be a big deal. They examine why it's happening and what it means to the real estate market there.

Then Jason talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.

Key Takeaways:

[3:03] People are leaving New York, which could lose the state 2 congressional seats

[7:05] Even if the numbers worked in New York it's not a good place to be a landlord

Nobu Su Interview:

[9:23] What's the status of Su's lawsuit against JP Morgan?

[17:05] How long can our country keep going like we are?

[19:10] What is Nobu Store?

[22:59] The history of Nobu's career

Websites:

www.Nobu.store

www.Twitter.com/Nobu__Su

Jason Hartman starts today's show talking with economist Thomas about the phenomenon going on in New York right now of people voting with their feet. The two tackle a video that suggests that the state could end up losing two congressional seats, which would be a big deal. They examine why it's happening and what it means to the real estate market there.

Then Jason talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.

Key Takeaways:

[3:03] People are leaving New York, which could lose the state 2 congressional seats

[7:05] Even if the numbers worked in New York it's not a good place to be a landlord

Nobu Su Interview:

[9:23] What's the status of Su's lawsuit against JP Morgan?

[17:05] How long can our country keep going like we are?

[19:10] What is Nobu Store?

[22:59] The history of Nobu's career

Websites:

www.Nobu.store

www.Twitter.com/Nobu__Su

Jason Hartman starts today's show talking with economist Thomas about the phenomenon going on in New York right now of people voting with their feet. The two tackle a video that suggests that the state could end up losing two congressional seats, which would be a big deal. They examine why it's happening and what it means to the real estate market there.

Then Jason talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.

Key Takeaways:

[3:03] People are leaving New York, which could lose the state 2 congressional seats

[7:05] Even if the numbers worked in New York it's not a good place to be a landlord

Nobu Su Interview:

[9:23] What's the status of Su's lawsuit against JP Morgan?

[17:05] How long can our country keep going like we are?

[19:10] What is Nobu Store?

[22:59] The history of Nobu's career

Websites:

www.Nobu.store

www.Twitter.com/Nobu__Su

Jason Hartman starts off today's episode with Carmen discussing her current issues she's having with her property manager and getting her property rent ready, past due rent collected and a new tenant put into place. It's a much bigger process than it should be and the price tag seems way too high. Jason gives his take on what you as the property owner and investor can do to make your process easier.

Then Jason talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investors. Mauricio breaks down the tax incentives that have been presented, but also why you may not want to invest in them.

Key Takeaways:

[1:58] The Law of Agency

[7:39] The potential dangers of the portal with property managers

[12:10] Carmen's property manager didn't even put her name anywhere on the lawsuit against her tenant who hasn't paid their rent

[16:27] The Cuba cruise couldn't happen, but there's another one planned

Mauricio Rauld Interview:

[18:33] What's the deal with Opportunity Zones?

[20:30] The 2 things you need to do to invest in Opportunity Zones

[24:47] The 4 tax incentives of Opportunity Zones

[28:59] Will a mass of properties from Opportunity Zones hit the market in 10 years?

Website:

www.JasonHartman.com/Cruise

www.PremierLawGroup.net

Jason Hartman starts off today's episode with Carmen discussing her current issues she's having with her property manager and getting her property rent ready, past due rent collected and a new tenant put into place. It's a much bigger process than it should be and the price tag seems way too high. Jason gives his take on what you as the property owner and investor can do to make your process easier.

Then Jason talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investors. Mauricio breaks down the tax incentives that have been presented, but also why you may not want to invest in them.

Key Takeaways:

[1:58] The Law of Agency

[7:39] The potential dangers of the portal with property managers

[12:10] Carmen's property manager didn't even put her name anywhere on the lawsuit against her tenant who hasn't paid their rent

[16:27] The Cuba cruise couldn't happen, but there's another one planned

Mauricio Rauld Interview:

[18:33] What's the deal with Opportunity Zones?

[20:30] The 2 things you need to do to invest in Opportunity Zones

[24:47] The 4 tax incentives of Opportunity Zones

[28:59] Will a mass of properties from Opportunity Zones hit the market in 10 years?

Website:

www.JasonHartman.com/Cruise

www.PremierLawGroup.net

Jason Hartman starts off today's episode with Carmen discussing her current issues she's having with her property manager and getting her property rent ready, past due rent collected and a new tenant put into place. It's a much bigger process than it should be and the price tag seems way too high. Jason gives his take on what you as the property owner and investor can do to make your process easier.

Then Jason talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investors. Mauricio breaks down the tax incentives that have been presented, but also why you may not want to invest in them.

Key Takeaways:

[1:58] The Law of Agency

[7:39] The potential dangers of the portal with property managers

[12:10] Carmen's property manager didn't even put her name anywhere on the lawsuit against her tenant who hasn't paid their rent

[16:27] The Cuba cruise couldn't happen, but there's another one planned

Mauricio Rauld Interview:

[18:33] What's the deal with Opportunity Zones?

[20:30] The 2 things you need to do to invest in Opportunity Zones

[24:47] The 4 tax incentives of Opportunity Zones

[28:59] Will a mass of properties from Opportunity Zones hit the market in 10 years?

Website:

www.JasonHartman.com/Cruise

www.PremierLawGroup.net

Jason Hartman talks with Romana King, award winning real estate writer and director of content for Zolo, about what's going on in the Canadian real estate market (specifically Vancouver), as well as some of the best tips for real estate investors. Romana is another buy and hold real estate investor, and she and Jason explore what the best practices are in that marketplace.

Key Takeaways:

[5:50] When you purchase a property, the value isn't in the property it's in the land

[8:56] Canadian financing options

[13:13] Romana's take on Opportunity Zones

[16:09] What is Zolo?

[18:42] Romana's tips for purchasing investment properties

[22:26] Some signs that the area might be a good one to invest in

Website:

www.Zolo.ca

www.RomanaKing.com

Jason Hartman talks with Romana King, award winning real estate writer and director of content for Zolo, about what's going on in the Canadian real estate market (specifically Vancouver), as well as some of the best tips for real estate investors. Romana is another buy and hold real estate investor, and she and Jason explore what the best practices are in that marketplace.

Key Takeaways:

[5:50] When you purchase a property, the value isn't in the property it's in the land

[8:56] Canadian financing options

[13:13] Romana's take on Opportunity Zones

[16:09] What is Zolo?

[18:42] Romana's tips for purchasing investment properties

[22:26] Some signs that the area might be a good one to invest in

Website:

www.Zolo.ca

www.RomanaKing.com