Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman starts off today's episode with a little talk on where interest rates may be headed (according to one economist) and how that would impact current real estate investors. Hint: it's a pretty good thing. He also has to throw in a qualifier to his "Amazing time to be alive" mantra, because there are a few things that aren't amazing right now.

Then Jason finishes up his interview with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, as the two discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[4:12] A qualification to the beloved Jason mantra of "It's an amazing time to be alive"

[7:18] Let Jason control the music and he cares not who controls the laws and the money

[12:13] What Martin Armstrong thinks interests rates will be jumping to

[15:28] Investors already in the game are praying for higher interest rates

John Tamny, Part 2

[20:18] Automation is going to lead into a surge in new kinds of jobs

[25:00] The demand for entertainment and service is going to explode

[26:49] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[28:29] John's thoughts on Universal Basic Income

Website:

www.JasonHartman.com/Properties

www.RealClearMarkets.com

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.   

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

Dr. David D’Ambrosio Client Case Study:

[17:34] Dr. David D’Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It’s frustrating more people, doctors in particular, aren’t investing in real estate. It’s an absolute no-brainer.  

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D'Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ's to bed.

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

Dr. David D'Ambrosio Client Case Study:

[17:34] Dr. David D'Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It's frustrating more people, doctors in particular, aren't investing in real estate. It's an absolute no-brainer.

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.   

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

Dr. David D’Ambrosio Client Case Study:

[17:34] Dr. David D’Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It’s frustrating more people, doctors in particular, aren’t investing in real estate. It’s an absolute no-brainer.  

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason.

Website:

www.JasonHartman.com/Events

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason.

Website:

www.JasonHartman.com/Events

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason.

Website:

www.JasonHartman.com/Events