Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 662, originally published in April 2016.

Jason takes a break from a Social Media conference to analyze stories from the USA Today’s Money section. He shares the new tech items which will affect real estate pricing in the future, the underemployment issue in the US and the median wage of CEO’s of major corporations.

Key Takeaways:

[4:24] Live video and Virtual Reality (VR) will impact real estate pricing by changing the value of the three cardinal rules of location, location, location.

[9:26] A 5% unemployment rate in the US means everyone who wants a job has a job. The real problem is underemployment.

[15:10] Some CEO’s make $9000.00 an hour while minimum wage workers are looking for $15 an hour.

[22:09] Does an early retirement equate to an early death sentence?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Today's Flash Back Friday comes from Episode 662, originally published in April 2016.

Jason takes a break from a Social Media conference to analyze stories from the USA Today's Money section. He shares the new tech items which will affect real estate pricing in the future, the underemployment issue in the US and the median wage of CEO's of major corporations.

Key Takeaways:

[4:24] Live video and Virtual Reality (VR) will impact real estate pricing by changing the value of the three cardinal rules of location, location, location.

[9:26] A 5% unemployment rate in the US means everyone who wants a job has a job. The real problem is underemployment.

[15:10] Some CEO's make $9000.00 an hour while minimum wage workers are looking for $15 an hour.

[22:09] Does an early retirement equate to an early death sentence?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Jason Hartman and Adam start off today's show talking about one of Jason's favorite things when it comes to real estate investing: the Housing Affordability Index. The two really look into how the index is created, what elements go into it, and look at how affordable some of the markets they're investing in are.

Then Jason talks with James Whittaker, author of Think and Grow Rich: The Legacy and host of Win the Day with James Whittaker, about how Napoleon Hill's original Think and Grow Rich still applies in today's world. James and Jason look at how you can reprogram your brain and why his book still matters all these years later.

Key Takeaways:

[4:09] The formula for the Housing Affordability Index

[8:43] Looking year over year you can see which direction a market's affordability is heading

[11:18] How Financial Immaturity is helping investors

[14:20] Housing affordability doesn't factor in a critical element

James Whittaker Interview:

[19:36] What's the big deal about Napoleon Hill's Think and Grow Rich?

[22:55] The mastermind principle

[28:33] Is everything from the original Think and Grow Rich still valid or do we have to modify it for today's world?

[31:19] Opportunities will come, so you have to constantly be ready

[35:06] Reprogramming your mind to conquer limiting beliefs and start living with intent

Website:

www.JasonHartman.com/VAM

www.JamesWhitt.com

Jason Hartman and Adam start off today's show talking about one of Jason's favorite things when it comes to real estate investing: the Housing Affordability Index. The two really look into how the index is created, what elements go into it, and look at how affordable some of the markets they're investing in are.

Then Jason talks with James Whittaker, author of Think and Grow Rich: The Legacy and host of Win the Day with James Whittaker, about how Napoleon Hill's original Think and Grow Rich still applies in today's world. James and Jason look at how you can reprogram your brain and why his book still matters all these years later.

Key Takeaways:

[4:09] The formula for the Housing Affordability Index

[8:43] Looking year over year you can see which direction a market's affordability is heading

[11:18] How Financial Immaturity is helping investors

[14:20] Housing affordability doesn't factor in a critical element

James Whittaker Interview:

[19:36] What's the big deal about Napoleon Hill's Think and Grow Rich?

[22:55] The mastermind principle

[28:33] Is everything from the original Think and Grow Rich still valid or do we have to modify it for today's world?

[31:19] Opportunities will come, so you have to constantly be ready

[35:06] Reprogramming your mind to conquer limiting beliefs and start living with intent

Website:

www.JasonHartman.com/VAM

www.JamesWhitt.com

Jason Hartman and Adam start off today's show talking about one of Jason's favorite things when it comes to real estate investing: the Housing Affordability Index. The two really look into how the index is created, what elements go into it, and look at how affordable some of the markets they're investing in are.

Then Jason talks with James Whittaker, author of Think and Grow Rich: The Legacy and host of Win the Day with James Whittaker, about how Napoleon Hill's original Think and Grow Rich still applies in today's world. James and Jason look at how you can reprogram your brain and why his book still matters all these years later.

Key Takeaways:

[4:09] The formula for the Housing Affordability Index

[8:43] Looking year over year you can see which direction a market's affordability is heading

[11:18] How Financial Immaturity is helping investors

[14:20] Housing affordability doesn't factor in a critical element

James Whittaker Interview:

[19:36] What's the big deal about Napoleon Hill's Think and Grow Rich?

[22:55] The mastermind principle

[28:33] Is everything from the original Think and Grow Rich still valid or do we have to modify it for today's world?

[31:19] Opportunities will come, so you have to constantly be ready

[35:06] Reprogramming your mind to conquer limiting beliefs and start living with intent

Website:

www.JasonHartman.com/VAM

www.JamesWhitt.com

Jason Hartman starts today's show with his in-house economist Thomas to discuss the new tax law and the impact it can have on people's tax brackets. They also dive in to why the government is interested in keeping the official inflation rate lower than actual inflation rates, as well as when it can really hurt the average citizen.

Then we have a clip from the 2019 Meet the Masters of Income Property event where he discussed the good, the bad, and the ugly of self-management. Drew provides some insight into what's happened with the 8 properties he's self-managing right now, how he deals with issues that spring up (Amazon has been a life saver) and lessons learned about relationships with tenants.

Website:

www.JasonHartman.com/Properties

Jason Hartman starts today's show with his in-house economist Thomas to discuss the new tax law and the impact it can have on people's tax brackets. They also dive in to why the government is interested in keeping the official inflation rate lower than actual inflation rates, as well as when it can really hurt the average citizen.

Then we have a clip from the 2019 Meet the Masters of Income Property event where he discussed the good, the bad, and the ugly of self-management. Drew provides some insight into what's happened with the 8 properties he's self-managing right now, how he deals with issues that spring up (Amazon has been a life saver) and lessons learned about relationships with tenants.

Website:

www.JasonHartman.com/Properties

Jason Hartman starts today's show with his in-house economist Thomas to discuss the new tax law and the impact it can have on people's tax brackets. They also dive in to why the government is interested in keeping the official inflation rate lower than actual inflation rates, as well as when it can really hurt the average citizen.

Then we have a clip from the 2019 Meet the Masters of Income Property event where he discussed the good, the bad, and the ugly of self-management. Drew provides some insight into what's happened with the 8 properties he's self-managing right now, how he deals with issues that spring up (Amazon has been a life saver) and lessons learned about relationships with tenants.

Website:

www.JasonHartman.com/Properties

Jason Hartman and Adam start the episode today discussing landlord friendly markets. Specifically, how you can determine whether you're investing in markets that are. Jason explains an easy (but not foolproof) way to figure out if a market is friendly to investors, as well as another way to find out the difficulties of evicting tenants in your potential market.

Then Jason talks with Mark Smukler, co-founder and CEO at Bixby, about self-management. Mark explains how Bixby is designed to help self-managers and some of the best practices those who decide to self-manage can utilize. This includes how to handle maintenance requests, rent collections and keeping a healthy distance between yourself and your tenants.

Key Takeaways:

[3:49] How to find landlord friendly states

[8:03] The most landlord friendly state in the country is Arkansas

[10:47] Ask a few property managers to find out how eviction laws in the state/city work

Mark Smukler Interview:

[14:44] The two ways Mark sees Bixby working

[18:15] How maintenance requests and rent collections work in Bixby

[22:09] Bixby allows credit cards to pay rents, and credit card fees can be disputed. How does Bixby deal with that?

[23:44] Some property management best practices

Website:

www.LiveBixby.co

www.Twitter.com/LiveBixby

www.JasonHartman.com/Properties

Jason Hartman and Adam start the episode today discussing landlord friendly markets. Specifically, how you can determine whether you're investing in markets that are. Jason explains an easy (but not foolproof) way to figure out if a market is friendly to investors, as well as another way to find out the difficulties of evicting tenants in your potential market.

Then Jason talks with Mark Smukler, co-founder and CEO at Bixby, about self-management. Mark explains how Bixby is designed to help self-managers and some of the best practices those who decide to self-manage can utilize. This includes how to handle maintenance requests, rent collections and keeping a healthy distance between yourself and your tenants.

Key Takeaways:

[3:49] How to find landlord friendly states

[8:03] The most landlord friendly state in the country is Arkansas

[10:47] Ask a few property managers to find out how eviction laws in the state/city work

Mark Smukler Interview:

[14:44] The two ways Mark sees Bixby working

[18:15] How maintenance requests and rent collections work in Bixby

[22:09] Bixby allows credit cards to pay rents, and credit card fees can be disputed. How does Bixby deal with that?

[23:44] Some property management best practices

Website:

www.LiveBixby.co

www.Twitter.com/LiveBixby

www.JasonHartman.com/Properties