Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman starts off the show from the Baltic Sea where his cruise is currently taking him. He explains how the brand of the US has covered the whole world, including Russia.

Then Jason talks with Michelle Tillis Lederman, author of The Connector's Advantage, The 11 Laws of Likability, Heroes Get Hired and Nail The Interview – Land The Job, about how likability works and the mindset you have to have in order to succeed in business. There's no way to make people like you, but there are ways to present yourself that will allow you to have a better chance of being liked.

Key Takeaways:

[8:05] Jason's meeting with the Russians to get Coco into the country

Michelle Tillis Lederman Interview:

[13:20] What is Mood Memory?

[16:43] How do you segue out of a conversation without offending the person you're speaking to?

[20:15] The definition of a "niche connector"

[22:28] The 7 Mindsets of connectors

[26:14] Always have the mindset that when you connect online your goal is to bring it offline

Website:

www.MichelleTillisLederman.com

Jason Hartman starts off the show from the Baltic Sea where his cruise is currently taking him. He explains how the brand of the US has covered the whole world, including Russia.

Then Jason talks with Michelle Tillis Lederman, author of The Connector’s Advantage, The 11 Laws of Likability, Heroes Get Hired and Nail The Interview – Land The Job, about how likability works and the mindset you have to have in order to succeed in business. There's no way to make people like you, but there are ways to present yourself that will allow you to have a better chance of being liked.

Key Takeaways:

[8:05] Jason's meeting with the Russians to get Coco into the country

Michelle Tillis Lederman Interview:

[13:20] What is Mood Memory?

[16:43] How do you segue out of a conversation without offending the person you're speaking to?

[20:15] The definition of a "niche connector"

[22:28] The 7 Mindsets of connectors

[26:14] Always have the mindset that when you connect online your goal is to bring it offline

Website:

www.MichelleTillisLederman.com

Jason Hartman starts off the show from the Baltic Sea where his cruise is currently taking him. He explains how the brand of the US has covered the whole world, including Russia.

Then Jason talks with Michelle Tillis Lederman, author of The Connector’s Advantage, The 11 Laws of Likability, Heroes Get Hired and Nail The Interview – Land The Job, about how likability works and the mindset you have to have in order to succeed in business. There's no way to make people like you, but there are ways to present yourself that will allow you to have a better chance of being liked.

Key Takeaways:

[8:05] Jason's meeting with the Russians to get Coco into the country

Michelle Tillis Lederman Interview:

[13:20] What is Mood Memory?

[16:43] How do you segue out of a conversation without offending the person you're speaking to?

[20:15] The definition of a "niche connector"

[22:28] The 7 Mindsets of connectors

[26:14] Always have the mindset that when you connect online your goal is to bring it offline

Website:

www.MichelleTillisLederman.com

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.

Key Takeaways:

[5:49] Are lower interest rates good news for cyclical markets or are they just too overpriced?

[10:16] The rise in wages has helped the economy but it's not changing the overall trend or forecasts

[14:13] Why are housing starts so important?

[19:19] ITR's concerns with the tariffs currently being put in place

[23:35] More tariffs could potentially put us in a recession, so be very careful if we see more coming

Website:

www.ITREconomics.com

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.

Key Takeaways:

[5:49] Are lower interest rates good news for cyclical markets or are they just too overpriced?

[10:16] The rise in wages has helped the economy but it's not changing the overall trend or forecasts

[14:13] Why are housing starts so important?

[19:19] ITR's concerns with the tariffs currently being put in place

[23:35] More tariffs could potentially put us in a recession, so be very careful if we see more coming

Website:

www.ITREconomics.com

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.

Key Takeaways:

[5:49] Are lower interest rates good news for cyclical markets or are they just too overpriced?

[10:16] The rise in wages has helped the economy but it's not changing the overall trend or forecasts

[14:13] Why are housing starts so important?

[19:19] ITR's concerns with the tariffs currently being put in place

[23:35] More tariffs could potentially put us in a recession, so be very careful if we see more coming

Website:

www.ITREconomics.com

Jason Hartman talks with investment counselor Sara about some things going on in the market right now. The two discuss the state of inventory going on as sales are slowing even though inventory is still a little low. They also discuss the "trust but verify" philosophy as you deal with everything involved with closing on your property.

Key Takeaways:

[5:52] Amazon has reached a deal with developers to hard wire Alexa into new builds

[9:34] Show your LMS your inspection and give them a chance to fix things and don't let them rush you to close

[13:48] Some provisions you can put in place for the escrow money

[19:19] The state of inventory in the network

[22:55] Buying down your interest rates with points

[29:28] It's important to find not just the best market but also the best team

Website:

www.JasonHartman.com/Properties

Jason Hartman talks with investment counselor Sara about some things going on in the market right now. The two discuss the state of inventory going on as sales are slowing even though inventory is still a little low. They also discuss the "trust but verify" philosophy as you deal with everything involved with closing on your property.

Key Takeaways:

[5:52] Amazon has reached a deal with developers to hard wire Alexa into new builds

[9:34] Show your LMS your inspection and give them a chance to fix things and don't let them rush you to close

[13:48] Some provisions you can put in place for the escrow money

[19:19] The state of inventory in the network

[22:55] Buying down your interest rates with points

[29:28] It's important to find not just the best market but also the best team

Website:

www.JasonHartman.com/Properties

Jason Hartman talks with investment counselor Sara about some things going on in the market right now. The two discuss the state of inventory going on as sales are slowing even though inventory is still a little low. They also discuss the "trust but verify" philosophy as you deal with everything involved with closing on your property.

Key Takeaways:

[5:52] Amazon has reached a deal with developers to hard wire Alexa into new builds

[9:34] Show your LMS your inspection and give them a chance to fix things and don't let them rush you to close

[13:48] Some provisions you can put in place for the escrow money

[19:19] The state of inventory in the network

[22:55] Buying down your interest rates with points

[29:28] It's important to find not just the best market but also the best team

Website:

www.JasonHartman.com/Properties

Today's show features a client case study and this month's mortgage update. After a brief hello from his latest destination, Adam talks with one of the network's lenders about what mortgage rates people are getting this month and what's driving the change in rates recently.

Then Jason talks with client Damon Santa Maria about how he's accumulated his 20 properties in the past 6 years and what his investing plans are moving forward. Damon is self-managing two of his properties and gives some of his best practice tips on metrics he uses and investing in general.

Key Takeaways:

Mortgage Update

[7:09] What rates can investors get today?

[9:44] Mortgage applications for investors aren't as heavy as you'd expect with low interest rates

[11:44] Is there any movement in the refi market?

Damon Santa Maria Client Case Study

[14:51] Why Damon started investing in real estate

[17:29] If your tenants are staying for a long time, make sure your rents aren't too low

[20:50] Damon's experiences with buy and hold rentals

[24:07] Damon is self-managing his property in Houston and it's working out well

[29:14] Don't gloss over your maintenance percentages when looking at cash flow and reserves

Website:

www.JasonHartman.com/Properties