Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman and Adam start today's show answering a listener question about the value of local real estate investor associations. Jason has some dueling thoughts on the matter, and explains why you need to be wary when joining one.

Then Jason talks with Kelly Alexander, founder of Great American Tax Remedy, about how Kelly has been able to avoid paying Federal income tax since 2014. Kelly's method hasn't had to hold up against an IRS audit, but she's confident that what she's doing is completely legal and can help anyone out.

Key Takeaways:

[4:47] Jason's thoughts on real estate investor organizations

[9:26] Do not fall for the "flavor of the month" or "get rich quick" schemes that you'll hear at some meetings

Kelly Alexander Interview:

[13:40] How Kelly's tax plan to avoid income taxes works

[17:17] Who else is using Kelly's technique?

[18:38] What Kelly does when she gets paid in order to avoid income tax

[28:36] How to report your income on your taxes under Kelly's format

[38:48] Why Kelly's strategy works for both state and federal taxes

Website:

www.JasonHartman.com/Properties

www.MyTaxRemedy.com

Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.

The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.

Key Takeaways:

[2:39] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off

[5:47] For the first time in a long time, Kerry is bullish on the New York real estate

[13:13] Where will the next recession come from?

[17:05] There's an urgency that you need to do something now rather than waiting around

[21:04] Why Kerry thinks Indiana has been the longest running market for Jason's company

[25:19] Utilize your tenants as your assets

[30:51] If you choose to self-manage, remember to track ALL of your expenses

Website:

www.JasonHartman.com/Properties

Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.

The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.

Key Takeaways:

[2:39] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off

[5:47] For the first time in a long time, Kerry is bullish on the New York real estate

[13:13] Where will the next recession come from?

[17:05] There's an urgency that you need to do something now rather than waiting around

[21:04] Why Kerry thinks Indiana has been the longest running market for Jason's company

[25:19] Utilize your tenants as your assets

[30:51] If you choose to self-manage, remember to track ALL of your expenses

Website:

www.JasonHartman.com/Properties

Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.

The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.

Key Takeaways:

[2:39] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off

[5:47] For the first time in a long time, Kerry is bullish on the New York real estate

[13:13] Where will the next recession come from?

[17:05] There's an urgency that you need to do something now rather than waiting around

[21:04] Why Kerry thinks Indiana has been the longest running market for Jason's company

[25:19] Utilize your tenants as your assets

[30:51] If you choose to self-manage, remember to track ALL of your expenses

Website:

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 887, originally published in September 2017.

The US is facing a looming financial crisis. In this episode, Jason outlines six business plans the government can use to ease its inflationary pressures. Four of the plans could result in negative outcomes, while the final two plans could achieve debt repayment by way of inflation. Understanding inflation and all of its aspects are not for the light-hearted. Jason explains inflation, how the government reports on inflation and offers up some educational resources for those who want to know more.

[04:35] Technology is changing the game in all aspects of life.

[11:15] Meet the Master's of Income Property Event is a 3-day event in January 2018.

[14:15] Jason identifies 6 ways to deal with inflationary pressures.

[21:17] Using inflation as a tool to avoid paying debts.

[27:39] Understanding the difference between real and nominal and price and value.

[33:49] Redistributing wealth through inflation.

[40:11] The three ways the government manipulates inflation statistics.

Mentioned in This Episode:

Property Tracker

Real Estate Tools

Short-Term Rental Council

Confessions of an Economic Hitman by John Perkins

Today's Flash Back Friday comes from Episode 887, originally published in September 2017.

The US is facing a looming financial crisis. In this episode, Jason outlines six business plans the government can use to ease its inflationary pressures. Four of the plans could result in negative outcomes, while the final two plans could achieve debt repayment by way of inflation. Understanding inflation and all of its aspects are not for the light-hearted. Jason explains inflation, how the government reports on inflation and offers up some educational resources for those who want to know more.

[04:35] Technology is changing the game in all aspects of life.

[11:15] Meet the Master's of Income Property Event is a 3-day event in January 2018.  

[14:15] Jason identifies 6 ways to deal with inflationary pressures.

[21:17] Using inflation as a tool to avoid paying debts.

[27:39] Understanding the difference between real and nominal and price and value.

[33:49] Redistributing wealth through inflation.

[40:11] The three ways the government manipulates inflation statistics.

Mentioned in This Episode:

Property Tracker

Real Estate Tools

Short-Term Rental Council

Confessions of an Economic Hitman by John Perkins

Today's Flash Back Friday comes from Episode 887, originally published in September 2017.

The US is facing a looming financial crisis. In this episode, Jason outlines six business plans the government can use to ease its inflationary pressures. Four of the plans could result in negative outcomes, while the final two plans could achieve debt repayment by way of inflation. Understanding inflation and all of its aspects are not for the light-hearted. Jason explains inflation, how the government reports on inflation and offers up some educational resources for those who want to know more.

[04:35] Technology is changing the game in all aspects of life.

[11:15] Meet the Master's of Income Property Event is a 3-day event in January 2018.  

[14:15] Jason identifies 6 ways to deal with inflationary pressures.

[21:17] Using inflation as a tool to avoid paying debts.

[27:39] Understanding the difference between real and nominal and price and value.

[33:49] Redistributing wealth through inflation.

[40:11] The three ways the government manipulates inflation statistics.

Mentioned in This Episode:

Property Tracker

Real Estate Tools

Short-Term Rental Council

Confessions of an Economic Hitman by John Perkins

Jason Hartman talks with Josh and Mike from Elite Group Inspection Professionals about what to expect when getting a home inspection. A good home inspection can save you thousands, and a bad home inspection can cost you thousands. It can be tough to figure out who you can trust when you're getting one done, but Josh and Mike give you some resources to finding a competent inspector and what the major things you should be looking for on your inspection reports.

Key Takeaways:

[6:49] Make sure you check your home inspector for licenses, certifications and insurance

[9:36] Some of the biggest concerns from buyers

[14:15] The pros and cons of various roof types

[19:09] Expect a lot detail about repairs needed in your inspection, but not about how much they will cost to fix

[22:43] What to look for on the interior of the house

[25:50] When you need to get a re-inspection done

[28:39] Some of the common plumbing problems

Website:

www.EliteInspections.com

Jason Hartman talks with Josh and Mike from Elite Group Inspection Professionals about what to expect when getting a home inspection. A good home inspection can save you thousands, and a bad home inspection can cost you thousands. It can be tough to figure out who you can trust when you're getting one done, but Josh and Mike give you some resources to finding a competent inspector and what the major things you should be looking for on your inspection reports.

Key Takeaways:

[6:49] Make sure you check your home inspector for licenses, certifications and insurance

[9:36] Some of the biggest concerns from buyers

[14:15] The pros and cons of various roof types

[19:09] Expect a lot detail about repairs needed in your inspection, but not about how much they will cost to fix

[22:43] What to look for on the interior of the house

[25:50] When you need to get a re-inspection done

[28:39] Some of the common plumbing problems

Website:

www.EliteInspections.com

Jason Hartman talks with Josh and Mike from Elite Group Inspection Professionals about what to expect when getting a home inspection. A good home inspection can save you thousands, and a bad home inspection can cost you thousands. It can be tough to figure out who you can trust when you're getting one done, but Josh and Mike give you some resources to finding a competent inspector and what the major things you should be looking for on your inspection reports.

Key Takeaways:

[6:49] Make sure you check your home inspector for licenses, certifications and insurance

[9:36] Some of the biggest concerns from buyers

[14:15] The pros and cons of various roof types

[19:09] Expect a lot detail about repairs needed in your inspection, but not about how much they will cost to fix

[22:43] What to look for on the interior of the house

[25:50] When you need to get a re-inspection done

[28:39] Some of the common plumbing problems

Website:

www.EliteInspections.com