Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman starts off the show with an important announcement about Meet the Masters of Income Property coming up in March. There are two new speakers signed and because of the announcement early bird pricing has been continued until Wednesday, when prices will go up again.

Then, Jason goes off topic with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today's world.

Key Takeaways:

[3:11] Meet the Masters Speaking Announcements: George Gilder & Tom Wheelwright

Jeffrey Gitomer Interview:

[12:30] The challenge to do the right thing in our society has never been at a higher level than it is today

[17:13] The 5 point rule

[22:34] The 7 Success Rules

[26:28] If you have the right service and attitude heart, sales will be easy

[32:41] If you want to learn something new, read a book that's 60 years old

Website:

www.JasonHartman.com/Masters

www.Gitomer.com

Jason Hartman starts off the show with an important announcement about Meet the Masters of Income Property coming up in March. There are two new speakers signed and because of the announcement early bird pricing has been continued until Wednesday, when prices will go up again.

Then, Jason goes off topic with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today's world.

Key Takeaways:

[3:11] Meet the Masters Speaking Announcements: George Gilder & Tom Wheelwright

Jeffrey Gitomer Interview:

[12:30] The challenge to do the right thing in our society has never been at a higher level than it is today

[17:13] The 5 point rule

[22:34] The 7 Success Rules

[26:28] If you have the right service and attitude heart, sales will be easy

[32:41] If you want to learn something new, read a book that's 60 years old

Website:

www.JasonHartman.com/Masters

www.Gitomer.com

Today's show is all about helping you grow your real estate portfolio as tax free as possible. When you are ready to sell one property and purchase other ones with the proceeds there's no need to pay capital gains taxes at that time when you have a vehicle like a 1031 exchange. Join Jason Hartman and Dino Champagne, Los Angeles Division Manager & VP at Asset Preservation Incorporated, as they discuss the strategies, the complexities and the savings that 1031s can provide.

Key Takeaways:

[5:17] How a 1031 Exchange works

[7:51] Try and avoid a reverse exchange as best you can, because they can get real tricky and lendors aren't fans of them

[9:48] The 45 and 180 day timeframe of a 1031 exchange

[12:37] The 3 different ways you identify properties in a 1031 exchange

[14:59] How much money can a 1031 exchange actually save you and your heirs? It's pretty astounding

[20:18] 1031 exchange accomodators aren't highly regulated, which has led to some scams over the years. What questions do you need to ask when you're searching for one?

[24:19] Changes the new tax law has made on 1031 exchanges

[26:50] Are Opportunity Zones overhyped?

[32:23] With Opportunity Zone investing being so new, vetting the sponsor of the deal is more important than ever

Website:

www.APIExchange.com

Today's show is all about helping you grow your real estate portfolio as tax free as possible. When you are ready to sell one property and purchase other ones with the proceeds there's no need to pay capital gains taxes at that time when you have a vehicle like a 1031 exchange. Join Jason Hartman and Dino Champagne, Los Angeles Division Manager & VP at Asset Preservation Incorporated, as they discuss the strategies, the complexities and the savings that 1031s can provide.

Key Takeaways:

[5:17] How a 1031 Exchange works

[7:51] Try and avoid a reverse exchange as best you can, because they can get real tricky and lendors aren't fans of them

[9:48] The 45 and 180 day timeframe of a 1031 exchange

[12:37] The 3 different ways you identify properties in a 1031 exchange

[14:59] How much money can a 1031 exchange actually save you and your heirs? It's pretty astounding

[20:18] 1031 exchange accomodators aren't highly regulated, which has led to some scams over the years. What questions do you need to ask when you're searching for one?

[24:19] Changes the new tax law has made on 1031 exchanges

[26:50] Are Opportunity Zones overhyped?

[32:23] With Opportunity Zone investing being so new, vetting the sponsor of the deal is more important than ever

Website:

www.APIExchange.com

Today's show is all about helping you grow your real estate portfolio as tax free as possible. When you are ready to sell one property and purchase other ones with the proceeds there's no need to pay capital gains taxes at that time when you have a vehicle like a 1031 exchange. Join Jason Hartman and Dino Champagne, Los Angeles Division Manager & VP at Asset Preservation Incorporated, as they discuss the strategies, the complexities and the savings that 1031s can provide.

Key Takeaways:

[5:17] How a 1031 Exchange works

[7:51] Try and avoid a reverse exchange as best you can, because they can get real tricky and lendors aren't fans of them

[9:48] The 45 and 180 day timeframe of a 1031 exchange

[12:37] The 3 different ways you identify properties in a 1031 exchange

[14:59] How much money can a 1031 exchange actually save you and your heirs? It's pretty astounding

[20:18] 1031 exchange accomodators aren't highly regulated, which has led to some scams over the years. What questions do you need to ask when you're searching for one?

[24:19] Changes the new tax law has made on 1031 exchanges

[26:50] Are Opportunity Zones overhyped?

[32:23] With Opportunity Zone investing being so new, vetting the sponsor of the deal is more important than ever

Website:

www.APIExchange.com

Today's show features Jason Hartman and Adam answering listener questions about capital gains taxes, 1031 exchanges, and Jason's preferred method of diversifying across real estate markets. Should you buy one home per market or multiple homes in one before moving to the next?

Then Jason and Adam look at an article about Warren Buffett's investing principle and how we can use his outlook in our real estate investing.

Key Takeaways:

[3:45] Listener Question: Is there any way, other than a 1031 exchange, to sell real estate and not pay capital gains tax?

[9:02] Listener Question: How quickly should you diversify across multiple markets?

[16:33] Can the government negotiate the best rates anywhere?

[22:01] The one word that Buffett and Gate would offer you is...FOCUS

[24:04] The 3 things Jason invests in

[28:03] Warren Buffett's theory on value investing and working with people you trust is very much how you should invest in real estate

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Today's show features Jason Hartman and Adam answering listener questions about capital gains taxes, 1031 exchanges, and Jason's preferred method of diversifying across real estate markets. Should you buy one home per market or multiple homes in one before moving to the next?

Then Jason and Adam look at an article about Warren Buffett's investing principle and how we can use his outlook in our real estate investing.

Key Takeaways:

[3:45] Listener Question: Is there any way, other than a 1031 exchange, to sell real estate and not pay capital gains tax?

[9:02] Listener Question: How quickly should you diversify across multiple markets?

[16:33] Can the government negotiate the best rates anywhere?

[22:01] The one word that Buffett and Gate would offer you is...FOCUS

[24:04] The 3 things Jason invests in

[28:03] Warren Buffett's theory on value investing and working with people you trust is very much how you should invest in real estate

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Today's show features Jason Hartman and Adam answering listener questions about capital gains taxes, 1031 exchanges, and Jason's preferred method of diversifying across real estate markets. Should you buy one home per market or multiple homes in one before moving to the next?

Then Jason and Adam look at an article about Warren Buffett's investing principle and how we can use his outlook in our real estate investing.

Key Takeaways:

[3:45] Listener Question: Is there any way, other than a 1031 exchange, to sell real estate and not pay capital gains tax?

[9:02] Listener Question: How quickly should you diversify across multiple markets?

[16:33] Can the government negotiate the best rates anywhere?

[22:01] The one word that Buffett and Gate would offer you is...FOCUS

[24:04] The 3 things Jason invests in

[28:03] Warren Buffett's theory on value investing and working with people you trust is very much how you should invest in real estate

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Jason Hartman starts today's episode discussing the recent World Economic Forum with economist Thomas Young. Specifically they look a bit at the "Happiness Index" that they were discussing at the forum and whether that should hold any muster for us.

Then Jason has a client case study with Eric Payne. Eric started investing in single family housing around 2010 and has steadily added to his collection. Today he has 18 units and is looking to substantially add more when he finishes the sale of his current business. Jason and Eric go over Eric's journey, why he chose to use real estate to achieve the financial freedom he desired and beauty of the 30 year fixed rate mortgage.

Key Takeaways:

[3:07] What happened at the World Economic Forum this year?

[7:00] How important is the Happiness Index?

[13:50] Are we starting to approach a new cold war?

Eric Payne Client Case Study:

[17:29] Eric's start in his real estate journey made him realize that flipping is overrated and renting is the way to go

[19:09] A foreclosure Jason remembers from the Great Recession that he wishes he'd bought

[22:01] People tend to sabotage themselves by trying to time the market

[30:23] Eric's parents $118 mortgage made him realize how amazing a 30 year fixed rate mortgage is

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Jason Hartman starts today's episode discussing the recent World Economic Forum with economist Thomas Young. Specifically they look a bit at the "Happiness Index" that they were discussing at the forum and whether that should hold any muster for us.

Then Jason has a client case study with Eric Payne. Eric started investing in single family housing around 2010 and has steadily added to his collection. Today he has 18 units and is looking to substantially add more when he finishes the sale of his current business. Jason and Eric go over Eric's journey, why he chose to use real estate to achieve the financial freedom he desired and beauty of the 30 year fixed rate mortgage.

Key Takeaways:

[3:07] What happened at the World Economic Forum this year?

[7:00] How important is the Happiness Index?

[13:50] Are we starting to approach a new cold war?

Eric Payne Client Case Study:

[17:29] Eric's start in his real estate journey made him realize that flipping is overrated and renting is the way to go

[19:09] A foreclosure Jason remembers from the Great Recession that he wishes he'd bought

[22:01] People tend to sabotage themselves by trying to time the market

[30:23] Eric's parents $118 mortgage made him realize how amazing a 30 year fixed rate mortgage is

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties