Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond.

As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better.

Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang.

Key Takeaways:

[3:43] Rising rates are making the inventory shortage even worse

[6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it

[9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest

[13:08] Memphis market profile

[24:47] The IRS is coming after owners of bitcoin

[29:21] Get ready for the Creating Wealth event in the Northeast

Website:

www.JasonHartman/Events

www.JasonHartman.com/Ask

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond.

As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better.

Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang.

Key Takeaways:

[3:43] Rising rates are making the inventory shortage even worse

[6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it

[9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest

[13:08] Memphis market profile

[24:47] The IRS is coming after owners of bitcoin

[29:21] Get ready for the Creating Wealth event in the Northeast

Website:

www.JasonHartman/Events

www.JasonHartman.com/Ask

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the ‘pope” of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve’s second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University’s Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they've been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the 'pope" of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve's second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University's Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the ‘pope” of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve’s second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University’s Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.

The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate.

Key Takeaways:

[2:10] You must, you must, you MUST (promise me you will) get a home inspection

[4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible!

[10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs

[12:48] What kind of rates can you get today with 20% down?

[16:02] Are people still taking out adjustable rate morgages for investment properties?

[18:48] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow

[24:34] The inverse correlation between bonds and rates

[26:35] The best strategy ever is to lock in as many 30 year fixed rates as possible

Website:

www.JasonHartman.com/Properties

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.

The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate.

Key Takeaways:

[2:10] You must, you must, you MUST (promise me you will) get a home inspection

[4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible!

[10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs

[12:48] What kind of rates can you get today with 20% down?

[16:02] Are people still taking out adjustable rate morgages for investment properties?

[18:48] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow

[24:34] The inverse correlation between bonds and rates

[26:35] The best strategy ever is to lock in as many 30 year fixed rates as possible

Website:

www.JasonHartman.com/Properties