Creating Wealth Real Estate Investing with Jason Hartman

We start out with the Venture Alliance Group in Dubai and later Naresh asks Jason investment related frequently asked questions about commercial and residential real estate properties, about single family homes, how the need for housing is never outsourced to another country and how the oil surplus is affecting US oil towns. Real estate investment income property is the most historically proven asset class. Real estate properties should be looked at in a market by market basis and when looking for you first or next creative deal make certain you can trust the person you are dealing with. When choosing a partner make sure they have tenure in real estate investing. They should already have a comprehensive network of investors and local market specialists in place before you trust them with your money.

Key Takeaways:

Dubai Intro:

[1:44] Gary Pinkerton joins us in Dubai

[3:49] Get out of the stock market and into cashflow investing

[7:03] You want those around you to inspire you and make you accountable

[8:20] The reluctant investors lament & to stay focused on market rent

Investor Question’s with Naresh:

[11:51] Is renting a waste of money?

[21:43 Defining commercial and residential property

[24:44] Large investors need to invest their money into something

[28:18] All of Naresh’s businesses have parts which are outsourced overseas

[30:54] Getting ripped off when trying to buy properties and creative opportunities

[32:39] Is deflation a huge threat to the United States?

[37:14] Real estate income property should be looked at on a local market basis

[38:00] How will “oil exploration” cities deal with the current oil surplus

[40:39] The problems in the energy corridor of Houston

Mentions:

Hartman Media

Jason Hartman

Hartman Education - Meet the Masters Course

Venture Alliance Mastermind

Voxer - JHart88

Jason Hartman invites prior guest Joel Grasmeyer  back on the show to talk about updates to one of the greatest software tools for property investors, Property Tracker. 

Joel started PropertyTracker.com in 2004 after creating and using this software himself to evaluate and keep track of his own investment properties. Property Tracker is a two-part tool, like having a property analysis tool in your pocket. The Property Evaluator tool allows you to analyze and compare properties in which you’re interested, providing a one-year projection on cash flow, cap rate, and return on investment, and a multi-year projection on true rate of return. The Property Tracker tool help keep track of the performance of properties you already own, based on actual income and expenses rather than projections. It also provides an “instrument panel” to let you see when it’s time to buy, hold, sell, or even do a 1031 Exchange. At the end of the year, this tool allows you to print up a Schedule E. Recent enhancements allow the investor to email PDFs to lenders or investment partners directly from your iPhone. Real estate agents can add their own branding to the cover page, heading and footer of the report and email it to potential investors.

With the introduction of the iPad, Property Evaluator became even easier to use, with the ability to input more information with full-screen PDF capabilities to email reports directly from the iPad, as well as print the reports from the iPhone and iPad. Available products are the web-based Property Evaluator and Property Tracker, and the standalone apps for iPad, iPhone, and Mac, which is just a one-time fee. There are three versions for the iPhone and iPad:  Standard, Premium and Pro editions. Jason highly recommends the software for its multiple uses and benefits at such an affordable price. Jason and Joel also discuss other investment related issues, such as the Affordability Index, cap rates, interest rates, and the different approaches to valuation of properties.

Jason Hartman invites prior guest Joel Grasmeyer back on the show to talk about updates to one of the greatest software tools for property investors, Property Tracker.

Joel started PropertyTracker.com in 2004 after creating and using this software himself to evaluate and keep track of his own investment properties. Property Tracker is a two-part tool, like having a property analysis tool in your pocket. The Property Evaluator tool allows you to analyze and compare properties in which you’re interested, providing a one-year projection on cash flow, cap rate, and return on investment, and a multi-year projection on true rate of return. The Property Tracker tool help keep track of the performance of properties you already own, based on actual income and expenses rather than projections. It also provides an “instrument panel” to let you see when it’s time to buy, hold, sell, or even do a 1031 Exchange. At the end of the year, this tool allows you to print up a Schedule E. Recent enhancements allow the investor to email PDFs to lenders or investment partners directly from your iPhone. Real estate agents can add their own branding to the cover page, heading and footer of the report and email it to potential investors.

With the introduction of the iPad, Property Evaluator became even easier to use, with the ability to input more information with full-screen PDF capabilities to email reports directly from the iPad, as well as print the reports from the iPhone and iPad. Available products are the web-based Property Evaluator and Property Tracker, and the standalone apps for iPad, iPhone, and Mac, which is just a one-time fee. There are three versions for the iPhone and iPad: Standard, Premium and Pro editions. Jason highly recommends the software for its multiple uses and benefits at such an affordable price. Jason and Joel also discuss other investment related issues, such as the Affordability Index, cap rates, interest rates, and the different approaches to valuation of properties.

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation which has been properly aged. If you are doing business in an industry deemed “risky” it may be harder to get business credit, but not impossible. Jason’s guest, Gerri Detweiler shares little known but very important tips and tricks to NAVigating the business credit system including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).

Key Takeaways:

Jason’s Editorial:

[2:38] Questions from investors about self-management & property appreciation

[11:20] Baltimore, Philly and the rest of Pennsylvania

[15:10] Kari’s personal rental in California

[18:14] Fixing and Flipping? There is an app for that

[19:01] JHU Live on March 12th in Salt Lake City, Utah

Guest Interview Gerri Detweiler:

[20:55] The reason why shelf corporations are attractive

[25:22] Leave your personal credit out of your business

[28:21] Business credit and small business loans

[32:16] Business credit reporting agencies

[36:10] The mystery which is business credit

[37:55] How do you know whether or not you have a business credit rating?

[39:44] Getting started with business credit is very easy so why wouldn’t you do it

[41:16] Transitioning to business credit

[42:41] Equity crowdfunding and how it gets interesting for business owners

[46:46] Character in lending

[47:42] Contact Gerri & get the book

Mentions:

Jason Hartman

We Go Look

Property Fixer

Jason Hartman University

Finance Your Own Business

NAV

Experian

Dun & Bradstreet

Kiva Zip

Corporate Direct

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation which has been properly aged. If you are doing business in an industry deemed “risky” it may be harder to get business credit, but not impossible. Jason’s guest, Gerri Detweiler shares little known but very important tips and tricks to NAVigating the business credit system including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).

Key Takeaways:

Jason’s Editorial:

[2:38] Questions from investors about self-management & property appreciation

[11:20] Baltimore, Philly and the rest of Pennsylvania

[15:10] Kari’s personal rental in California

[18:14] Fixing and Flipping? There is an app for that

[19:01] JHU Live on March 12th in Salt Lake City, Utah

Guest Interview Gerri Detweiler:

[20:55] The reason why shelf corporations are attractive

[25:22] Leave your personal credit out of your business

[28:21] Business credit and small business loans

[32:16] Business credit reporting agencies

[36:10] The mystery which is business credit

[37:55] How do you know whether or not you have a business credit rating?

[39:44] Getting started with business credit is very easy so why wouldn’t you do it

[41:16] Transitioning to business credit

[42:41] Equity crowdfunding and how it gets interesting for business owners

[46:46] Character in lending

[47:42] Contact Gerri & get the book

Mentions:

Jason Hartman

We Go Look

Property Fixer

Jason Hartman University

Finance Your Own Business

NAV

Experian

Dun & Bradstreet

Kiva Zip

Corporate Direct

The Birmingham market offers a whole new level of real estate investing. The possibility of owning two properties for what you might pay for one in other markets gives investors twice the opportunity and a bigger portfolio. If your property is listed as Section 8 eligible you are almost guaranteed a rent check every month. The city of Birmingham is focused on re-inventing itself by revitalizing the downtown area. The ROI on these investment properties is just too good to miss.

Hurry to sign up for Jason Hartman University Live event in March in the lovely ski destination city of Salt Lake City, Utah.

Key Takeaways:

[1:56] Who is skipping Flashback Friday? Jason calls you out

[5:34] Kari weeds through the local market specialists

[11:11] We make local market specialists go through hoops to do business with us

[16:35] Possible new projects in Phoenix, Charlotte, St. Louis, Dallas and Austin 

[22:10] Property Tracker and Property Evaluator help you evaluate real estate deals

[24:07] Be sure to sign up for the Salt Lake City, Utah JHU Live event in March

Birmingham Profile from Chris:

[25:13] Controlling a physical asset is a big draw to real estate investing

[26:22] The cost of living and barrier to entry in Birmingham is lower than other markets

[27:57] The city of Birmingham has been investing to revitalize the city

[29:56] Getting the right contractors and property manager is the key to acquisitions

[32:47] Vetting property managers and holding them accountable

[36:15] Section 8 investment properties are an almost guaranteed rent check

[38:40] ROI on many properties in Birmingham are above 40%

[42:19] Qualifications and customizations for target rehab properties

[46:53] Home warranties generally don’t apply to our level of investors

Mentions:

Jason Hartman

Jason Hartman University Live

Birmingham Properties

Property Tracker

Property Evaluator

The Birmingham market offers a whole new level of real estate investing. The possibility of owning two properties for what you might pay for one in other markets gives investors twice the opportunity and a bigger portfolio. If your property is listed as Section 8 eligible you are almost guaranteed a rent check every month. The city of Birmingham is focused on re-inventing itself by revitalizing the downtown area. The ROI on these investment properties is just too good to miss.

Hurry to sign up for Jason Hartman University Live event in March in the lovely ski destination city of Salt Lake City, Utah.

Key Takeaways:

[1:56] Who is skipping Flashback Friday? Jason calls you out

[5:34] Kari weeds through the local market specialists

[11:11] We make local market specialists go through hoops to do business with us

[16:35] Possible new projects in Phoenix, Charlotte, St. Louis, Dallas and Austin

[22:10] Property Tracker and Property Evaluator help you evaluate real estate deals

[24:07] Be sure to sign up for the Salt Lake City, Utah JHU Live event in March

Birmingham Profile from Chris:

[25:13] Controlling a physical asset is a big draw to real estate investing

[26:22] The cost of living and barrier to entry in Birmingham is lower than other markets

[27:57] The city of Birmingham has been investing to revitalize the city

[29:56] Getting the right contractors and property manager is the key to acquisitions

[32:47] Vetting property managers and holding them accountable

[36:15] Section 8 investment properties are an almost guaranteed rent check

[38:40] ROI on many properties in Birmingham are above 40%

[42:19] Qualifications and customizations for target rehab properties

[46:53] Home warranties generally don’t apply to our level of investors

Mentions:

Jason Hartman

Jason Hartman University Live

Birmingham Properties

Property Tracker

Property Evaluator