Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman reports from the 2018 IMN conference with guest Robert Nickell, as the two discuss the latest in real estate investing. Specifically they look at the impact of institutional investors and "iBuyers" on the market today and how the massive influx of cash has created more stupid money than usual.

The rate of iBuyers continues to grow as more and more capital is raised, and all of that money is driving up home prices to the point where the "built to rent" phenomenon is making more and more sense.

Key Takeaways:

[3:10] Fragmentation has kept the big institutional investors out of single family real estate investing, but the direction currently is leading them in to the market

[6:51] The impact of internet real estate companies

[12:10] Many of these iBuyer platforms and institutional investors are raising tons of money, but aren't actually making any

[17:02] The deal rarely looks great when you buy it, it looks great in the future

[17:30] The rate that iBuyers are purchasing is driving up prices

[20:20] Some investors get rid of their bad properties by simply selling them to iBuyers

[22:15] The build to rent phenomenon

[24:46] Property Profile

Website:

www.RocketStation.com

www.JasonHartman.com/Properties

The PropertyCast

Jason Hartman reports from the 2018 IMN conference with guest Robert Nickell, as the two discuss the latest in real estate investing. Specifically they look at the impact of institutional investors and "iBuyers" on the market today and how the massive influx of cash has created more stupid money than usual.

The rate of iBuyers continues to grow as more and more capital is raised, and all of that money is driving up home prices to the point where the "built to rent" phenomenon is making more and more sense.

Key Takeaways:

[3:10] Fragmentation has kept the big institutional investors out of single family real estate investing, but the direction currently is leading them in to the market

[6:51] The impact of internet real estate companies

[12:10] Many of these iBuyer platforms and institutional investors are raising tons of money, but aren't actually making any

[17:02] The deal rarely looks great when you buy it, it looks great in the future

[17:30] The rate that iBuyers are purchasing is driving up prices

[20:20] Some investors get rid of their bad properties by simply selling them to iBuyers

[22:15] The build to rent phenomenon

[24:46] Property Profile

Website:

www.RocketStation.com

www.JasonHartman.com/Properties

The PropertyCast

Jason Hartman reports from the 2018 IMN conference with guest Robert Nickell, as the two discuss the latest in real estate investing. Specifically they look at the impact of institutional investors and "iBuyers" on the market today and how the massive influx of cash has created more stupid money than usual.

The rate of iBuyers continues to grow as more and more capital is raised, and all of that money is driving up home prices to the point where the "built to rent" phenomenon is making more and more sense.

Key Takeaways:

[3:10] Fragmentation has kept the big institutional investors out of single family real estate investing, but the direction currently is leading them in to the market

[6:51] The impact of internet real estate companies

[12:10] Many of these iBuyer platforms and institutional investors are raising tons of money, but aren't actually making any

[17:02] The deal rarely looks great when you buy it, it looks great in the future

[17:30] The rate that iBuyers are purchasing is driving up prices

[20:20] Some investors get rid of their bad properties by simply selling them to iBuyers

[22:15] The build to rent phenomenon

[24:46] Property Profile

Website:

www.RocketStation.com

www.JasonHartman.com/Properties

The PropertyCast

Jason Hartman opens the show discussing the need for real estate investors to be flexible with their investment strategies. As conditions change, so too must your approach. What worked 2 years ago might not work today, so invest differently today.

Then Jason talks with Mitch Stephen, author of My Life and 1,000 Houses, on Mitch's start in real estate, the importance of not having 100% occupancy, how to determine if your market is overbuilt, doing due diligence, and more.

Key Takeaways:

[3:02] As real estate investors we have to be flexible and adapt to our changing environment

[8:23] We need to keep our mind clean, our mindset clean, so avoid contaminating people

[10:59] Slowing sales doesn't necessarily mean a downturn in the market, it could simply be a lack of inventory

Mitch Stephen Interview:

[16:27] Is self-storage overbuilt? How Mitch tries to minimize his competition

[21:54] Self-storage facilities can go up really quick, is it better to buy an existing or build a new one?

[26:35] Jason's revelation about commercial vs self-storage real estate back in 2010

[30:09] Why you never want to be full in any sector of real estate investing & what you should do if facilities in the area are full

[33:38] Some of the due diligence Mitch does when looking for a facility to buy

Website:

www.REInvestorSummit.com

http://1000Houses.com

My Life and 1,000 Houses: Failing Forward to Financial Freedom

Jason Hartman opens the show discussing the need for real estate investors to be flexible with their investment strategies. As conditions change, so too must your approach. What worked 2 years ago might not work today, so invest differently today.

Then Jason talks with Mitch Stephen, author of My Life and 1,000 Houses, on Mitch's start in real estate, the importance of not having 100% occupancy, how to determine if your market is overbuilt, doing due diligence, and more.

Key Takeaways:

[3:02] As real estate investors we have to be flexible and adapt to our changing environment

[8:23] We need to keep our mind clean, our mindset clean, so avoid contaminating people

[10:59] Slowing sales doesn't necessarily mean a downturn in the market, it could simply be a lack of inventory

Mitch Stephen Interview:

[16:27] Is self-storage overbuilt? How Mitch tries to minimize his competition

[21:54] Self-storage facilities can go up really quick, is it better to buy an existing or build a new one?

[26:35] Jason's revelation about commercial vs self-storage real estate back in 2010

[30:09] Why you never want to be full in any sector of real estate investing & what you should do if facilities in the area are full

[33:38] Some of the due diligence Mitch does when looking for a facility to buy

Website:

www.REInvestorSummit.com

http://1000Houses.com

My Life and 1,000 Houses: Failing Forward to Financial Freedom

Jason Hartman opens the show discussing the need for real estate investors to be flexible with their investment strategies. As conditions change, so too must your approach. What worked 2 years ago might not work today, so invest differently today.

Then Jason talks with Mitch Stephen, author of My Life and 1,000 Houses, on Mitch's start in real estate, the importance of not having 100% occupancy, how to determine if your market is overbuilt, doing due diligence, and more.

Key Takeaways:

[3:02] As real estate investors we have to be flexible and adapt to our changing environment

[8:23] We need to keep our mind clean, our mindset clean, so avoid contaminating people

[10:59] Slowing sales doesn't necessarily mean a downturn in the market, it could simply be a lack of inventory

Mitch Stephen Interview:

[16:27] Is self-storage overbuilt? How Mitch tries to minimize his competition

[21:54] Self-storage facilities can go up really quick, is it better to buy an existing or build a new one?

[26:35] Jason's revelation about commercial vs self-storage real estate back in 2010

[30:09] Why you never want to be full in any sector of real estate investing & what you should do if facilities in the area are full

[33:38] Some of the due diligence Mitch does when looking for a facility to buy

Website:

www.REInvestorSummit.com

http://1000Houses.com

My Life and 1,000 Houses: Failing Forward to Financial Freedom

Today's Flash Back Friday comes from Episode 809, originally published in March 2017.

During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It's all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.

[2:15] If your property doesn't have good RTV ratios consider selling or refinancing.

[10:43] Vernon has been around property investing his entire life.

[12:00] Vernon needs Jason's advice about how to handle his parent's properties.

[14:23] It doesn't matter where your property is, RTV ratios are almost always the same.

[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.

[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.

[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?

[32:33] It's important to examine the existing debt structure of the properties.

[34:09] A 1031 exchange may help offset depreciation taxes.

[36:37] How does an investor know when it's time to 1031 exchange or to refinance?

Jason Hartman

Jhart88 on Voxer

Real Estate Tools

Today's Flash Back Friday comes from Episode 809, originally published in March 2017.

During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It’s all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.

[2:15] If your property doesn’t have good RTV ratios consider selling or refinancing.

[10:43] Vernon has been around property investing his entire life.

[12:00] Vernon needs Jason’s advice about how to handle his parent’s properties.  

[14:23] It doesn’t matter where your property is, RTV ratios are almost always the same.

[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.

[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.

[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?

[32:33] It’s important to examine the existing debt structure of the properties.

[34:09] A 1031 exchange may help offset depreciation taxes.

[36:37] How does an investor know when it’s time to 1031 exchange or to refinance?

Jason Hartman

Jhart88 on Voxer

Real Estate Tools

Today's Flash Back Friday comes from Episode 809, originally published in March 2017.

During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It’s all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.

[2:15] If your property doesn’t have good RTV ratios consider selling or refinancing.

[10:43] Vernon has been around property investing his entire life.

[12:00] Vernon needs Jason’s advice about how to handle his parent’s properties.  

[14:23] It doesn’t matter where your property is, RTV ratios are almost always the same.

[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.

[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.

[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?

[32:33] It’s important to examine the existing debt structure of the properties.

[34:09] A 1031 exchange may help offset depreciation taxes.

[36:37] How does an investor know when it’s time to 1031 exchange or to refinance?

Jason Hartman

Jhart88 on Voxer

Real Estate Tools

Jason Hartman starts this 10th episode discussing the changing rules for investors, and how to make sure you're playing by the new ones that will actually make you wealthy. Old rules no longer apply because the world has changed completely in the last few decades.

Then Jason talks with Joel Comm, author of the new book The Fun Formula and host of the Bad Crypto Podcast, about his new book The Fun Formula and how subtle changes in our thinking and routine can enable us to design the life we truly desire: one of significance and joy.

They also discuss why he's bullish on cryptocurrencies and blockchain, the changes blockchain will bring to our society, ICOs and more.

Key Takeaways:

[3:50] Are humans smarter than monkeys?

[5:03] Worst case your real estate portfolio is a forced savings program

[10:09] The old rules worked because there were scarce goods and a scarce world. That doesn't exist any more

Joel Comm Interview:

[18:19] The origin of The Fun Formula

[22:30] You have to leave an opening in your life for the world to fill in some gaps

[26:20] Joel is bullish on both blockchain and cryptocurrencies

[27:35] Blockchain is going to be more disruptive than the smartphone

[31:30] Big money is coming in to cryptocurrencies, what are they doing right now?

[35:17] The current state of the ICO market

Website:

www.FunFormulaBook.com

The Bad Crypto Podcast