Creating Wealth Real Estate Investing with Jason Hartman

Crunching the numbers sounds easy enough but which numbers do you use? National data doesn’t always reflect individual markets and using geographical data isn’t always a telling sign due to widespread changes in Fannie and Freddie’s level of risk. Jason and Daren take a deep dive into analyzing market data and how tagging markets as linear, cyclical and hybrid allow investors to understand good properties based on cash flow and ROI.

The Venture Alliance trip to Newport, Rhode Island was a great success. The speakers who are specialists in their fields were truly informative. The very first Venture Alliance member shares his favorite part of the Mastermind, the hot seat.

Key Takeaways:

Jason’s Editorial:

[1:26] Upcoming episodes on financing

[2:07] Our first Venture Alliance member is on the podcast

[5:01] Houses starting at $400,000 on Martha’s Vineyard

[9:06] Rehashing the Rhode Island trip

[10:21] Hard money, short and long term lending, how it affects your debt to income ratio

[14:18] The hot seat is the best part of the Mastermind

[16:10] Recreational time is still business time during the Venture Alliance trips

[17:44] A discussion is more intimate than a presentation

[18:26] The inflation/deflation debate

Daren Blomquist Guest Interview:

[20:44] National data doesn’t always reflect geographic niches

[22:24] RealtyTrac is, at its core a data company

[25:07] We have the ability to license, or re-sell the data to other companies

[26:40] Home sales are at an 8 year high when analyzing 190 markets

[29:00] The homeownership rate helps our clients to analyze markets

[30:54] We analyze the tax assessor information for rental properties

[33:37] Everything’s relative

[37:32] Thinking of real estate markets as linear (boring), cyclical and hybrid

[42:40] A combination of jobs and universities help real estate markets

[44:43] Extend and pretend or delay and pray markets

[49:44] Market influences are tipping towards introducing additional risk

Mentions:

JasonHartman.com

Venture Alliance Mastermind

RealtyTrac

CoreLogic

Black Night

Crunching the numbers sounds easy enough but which numbers do you use? National data doesn’t always reflect individual markets and using geographical data isn’t always a telling sign due to widespread changes in Fannie and Freddie’s level of risk. Jason and Daren take a deep dive into analyzing market data and how tagging markets as linear, cyclical and hybrid allow investors to understand good properties based on cash flow and ROI.

The Venture Alliance trip to Newport, Rhode Island was a great success. The speakers who are specialists in their fields were truly informative. The very first Venture Alliance member shares his favorite part of the Mastermind, the hot seat.

Key Takeaways:

Jason’s Editorial:

[1:26] Upcoming episodes on financing

[2:07] Our first Venture Alliance member is on the podcast

[5:01] Houses starting at $400,000 on Martha’s Vineyard

[9:06] Rehashing the Rhode Island trip

[10:21] Hard money, short and long term lending, how it affects your debt to income ratio

[14:18] The hot seat is the best part of the Mastermind

[16:10] Recreational time is still business time during the Venture Alliance trips

[17:44] A discussion is more intimate than a presentation

[18:26] The inflation/deflation debate

Daren Blomquist Guest Interview:

[20:44] National data doesn’t always reflect geographic niches

[22:24] RealtyTrac is, at its core a data company

[25:07] We have the ability to license, or re-sell the data to other companies

[26:40] Home sales are at an 8 year high when analyzing 190 markets

[29:00] The homeownership rate helps our clients to analyze markets

[30:54] We analyze the tax assessor information for rental properties

[33:37] Everything’s relative

[37:32] Thinking of real estate markets as linear (boring), cyclical and hybrid

[42:40] A combination of jobs and universities help real estate markets

[44:43] Extend and pretend or delay and pray markets

[49:44] Market influences are tipping towards introducing additional risk

Mentions:

JasonHartman.com

Venture Alliance Mastermind

RealtyTrac

CoreLogic

Black Night

Crunching the numbers sounds easy enough but which numbers do you use? National data doesn’t always reflect individual markets and using geographical data isn’t always a telling sign due to widespread changes in Fannie and Freddie’s level of risk. Jason and Daren take a deep dive into analyzing market data and how tagging markets as linear, cyclical and hybrid allow investors to understand good properties based on cash flow and ROI.

The Venture Alliance trip to Newport, Rhode Island was a great success. The speakers who are specialists in their fields were truly informative. The very first Venture Alliance member shares his favorite part of the Mastermind, the hot seat.

Key Takeaways:

Jason’s Editorial:

[1:26] Upcoming episodes on financing

[2:07] Our first Venture Alliance member is on the podcast

[5:01] Houses starting at $400,000 on Martha’s Vineyard

[9:06] Rehashing the Rhode Island trip

[10:21] Hard money, short and long term lending, how it affects your debt to income ratio

[14:18] The hot seat is the best part of the Mastermind

[16:10] Recreational time is still business time during the Venture Alliance trips

[17:44] A discussion is more intimate than a presentation

[18:26] The inflation/deflation debate

Daren Blomquist Guest Interview:

[20:44] National data doesn’t always reflect geographic niches

[22:24] RealtyTrac is, at its core a data company

[25:07] We have the ability to license, or re-sell the data to other companies

[26:40] Home sales are at an 8 year high when analyzing 190 markets

[29:00] The homeownership rate helps our clients to analyze markets

[30:54] We analyze the tax assessor information for rental properties

[33:37] Everything’s relative

[37:32] Thinking of real estate markets as linear (boring), cyclical and hybrid

[42:40] A combination of jobs and universities help real estate markets

[44:43] Extend and pretend or delay and pray markets

[49:44] Market influences are tipping towards introducing additional risk

Mentions:

JasonHartman.com

Venture Alliance Mastermind

RealtyTrac

CoreLogic

Black Night

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet.  Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks.

Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth.  Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he’s traveled to dozens of countries looking at investment ideas, and he’s run mutual funds, hedge funds, and investment research departments. Steve’s investment philosophy is simple: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.” It’s harder than it sounds, but Steve continues to be able to do just that for his readers.

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet. Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks.

Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth. Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he’s traveled to dozens of countries looking at investment ideas, and he’s run mutual funds, hedge funds, and investment research departments. Steve’s investment philosophy is simple: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.” It’s harder than it sounds, but Steve continues to be able to do just that for his readers.

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet.  Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks.

Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth.  Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he’s traveled to dozens of countries looking at investment ideas, and he’s run mutual funds, hedge funds, and investment research departments. Steve’s investment philosophy is simple: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.” It’s harder than it sounds, but Steve continues to be able to do just that for his readers.

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts.

Don’t Forget Early Bird pricing for Meet the Masters available on JasonHartman.com

Key Takeaways:

Jason’s Editorial:

[2:06] Giddy for the upcoming interview 

[3:45] Removing the 3rd party from the equation

[5:23] Podcasters are charging guests to be on their show

[5:53] We are working on a self-management software tool

[7:30] Income is judged by the net operating income, not cash flow

[8:39] The Zerohedge article - U.S. homeownership rate tumbles

[11:00] I’m excited I want a 55% homeownership rate

[12:52] Median U.S. asking rent is $803

[13:46] The time is ripe for cash flow oriented linear markets

[14:55] Real income in the U.S. is at 1989 levels

[17:39] Will the economy be outdone by free market technology

Matt Williams Guest Interview:

[20:59] Learning the ins and outs of building marketplaces and communities at Amazon

[22:01] Digg’s V4 - An attempt at a personalized news experience

[25:21] Incubating Pro.com at Andreessen Horowitz

[27:26] Real estate investors are able to get a quote from any zip code in the U.S.

[28:25] Homeowners have access to what it cost to get their home ready for sale

[30:09] The most comprehensive pricing engine for any home project

[32:40] The problem is a lack of transparency for home services

[34:22] What the job should cost broken down for the consumer

[35:40] It’s really for every single job you can imagine in the home

[38:00] We handle the payment processing also

[39:04] Thousands of common projects and the multiple variations

[40:08] There are a lot of jobs left undone because people don’t know the price upfront

[41:10] We survey the pro after the job and post rankings

[41:58] How real estate agents work with pro.com

[44:12] This free service is nationwide, right?

Mentions:

Pro.com

Digg.com

Andreessen Horowitz

The Mystery of the Missing Inflation - Tyler Durden

JasonHartman.com

VentureAllianceMastermind.com

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts.

Don’t Forget Early Bird pricing for Meet the Masters available on JasonHartman.com

Key Takeaways:

Jason’s Editorial:

[2:06] Giddy for the upcoming interview

[3:45] Removing the 3rd party from the equation

[5:23] Podcasters are charging guests to be on their show

[5:53] We are working on a self-management software tool

[7:30] Income is judged by the net operating income, not cash flow

[8:39] The Zerohedge article - U.S. homeownership rate tumbles

[11:00] I’m excited I want a 55% homeownership rate

[12:52] Median U.S. asking rent is $803

[13:46] The time is ripe for cash flow oriented linear markets

[14:55] Real income in the U.S. is at 1989 levels

[17:39] Will the economy be outdone by free market technology

Matt Williams Guest Interview:

[20:59] Learning the ins and outs of building marketplaces and communities at Amazon

[22:01] Digg’s V4 - An attempt at a personalized news experience

[25:21] Incubating Pro.com at Andreessen Horowitz

[27:26] Real estate investors are able to get a quote from any zip code in the U.S.

[28:25] Homeowners have access to what it cost to get their home ready for sale

[30:09] The most comprehensive pricing engine for any home project

[32:40] The problem is a lack of transparency for home services

[34:22] What the job should cost broken down for the consumer

[35:40] It’s really for every single job you can imagine in the home

[38:00] We handle the payment processing also

[39:04] Thousands of common projects and the multiple variations

[40:08] There are a lot of jobs left undone because people don’t know the price upfront

[41:10] We survey the pro after the job and post rankings

[41:58] How real estate agents work with pro.com

[44:12] This free service is nationwide, right?

Mentions:

Pro.com

Digg.com

Andreessen Horowitz

The Mystery of the Missing Inflation - Tyler Durden

JasonHartman.com

VentureAllianceMastermind.com

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts.

Don’t Forget Early Bird pricing for Meet the Masters available on JasonHartman.com

Key Takeaways:

Jason’s Editorial:

[2:06] Giddy for the upcoming interview 

[3:45] Removing the 3rd party from the equation

[5:23] Podcasters are charging guests to be on their show

[5:53] We are working on a self-management software tool

[7:30] Income is judged by the net operating income, not cash flow

[8:39] The Zerohedge article - U.S. homeownership rate tumbles

[11:00] I’m excited I want a 55% homeownership rate

[12:52] Median U.S. asking rent is $803

[13:46] The time is ripe for cash flow oriented linear markets

[14:55] Real income in the U.S. is at 1989 levels

[17:39] Will the economy be outdone by free market technology

Matt Williams Guest Interview:

[20:59] Learning the ins and outs of building marketplaces and communities at Amazon

[22:01] Digg’s V4 - An attempt at a personalized news experience

[25:21] Incubating Pro.com at Andreessen Horowitz

[27:26] Real estate investors are able to get a quote from any zip code in the U.S.

[28:25] Homeowners have access to what it cost to get their home ready for sale

[30:09] The most comprehensive pricing engine for any home project

[32:40] The problem is a lack of transparency for home services

[34:22] What the job should cost broken down for the consumer

[35:40] It’s really for every single job you can imagine in the home

[38:00] We handle the payment processing also

[39:04] Thousands of common projects and the multiple variations

[40:08] There are a lot of jobs left undone because people don’t know the price upfront

[41:10] We survey the pro after the job and post rankings

[41:58] How real estate agents work with pro.com

[44:12] This free service is nationwide, right?

Mentions:

Pro.com

Digg.com

Andreessen Horowitz

The Mystery of the Missing Inflation - Tyler Durden

JasonHartman.com

VentureAllianceMastermind.com

Welcome to episode 571 of Creating Wealth Real Estate Investing. If you’re here it’s because you’re interested in creating or growing your wealth through real estate investing. And today’s episode is the perfect vehicle to help you do that.

One of our experts, Joe, joins us to give the down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. We also talk about whether or not you need an attorney to close a loan, the differences between technical refinancing and cash out refinancing as well as how many months’ of reserves you need.

This is expert advice free of charge! And it’s all here on today’s episode of Creating Wealth Real Estate Investing.

Quick answers in the lightning round to all of the most important financing questions. We dig in and ask prudent questions of Joe our financing guru. If you are looking to create your wealth through real estate investments this is the episode for you. Down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. Expert advice free of charge!

Key Takeaways:

Jason’s Editorial:

[1:23] Lender Lightning Round show

[1:58] The great Facebook debate

[4:29] Commandment #3 - Thou shalt maintain control

[9:28] Ric Edelman’s - 10 great reasons to keep a long term mortgage and never pay it off

[11:07] The supply chain of financial advisors

[15:40] It’s an amazing time to be alive

[16:18] The Chinese Government makes it easier to buy overseas assets

[18:40] Newport Rhode Island trip for Venture Alliance members and guests

[19:51] CW - 565 is now the Orlando market profile

Financing Lightning Round with Joe:

[21:30] Inflation induced debt destruction

[22:15] Financing 10 properties per spouse through Fannie Mae

[22:53] Down payments vary - 5% down reduces your rate

[23:43] Financing through an LLC

[24:24] 1 loan, 1 property with vanilla residential financing

[25:45] Multiple inquiries about your credit score can lower it over time

[27:00] A LLC needs different insurance

[27:47] Is a power of attorney be sufficient to close the loan

[28:29] An attorney is not needed to close the loan

[29:57] A 2 year landlord history - Fannie Mae no, Freddie Mac yes

[30:56] The minimum credit score is 620 for the first 4 properties, 720 for 5-10

[31:50] Cash out refinancing on investment properties

[33:05] You can always finance your primary residence but different guidelines may apply

[34:21] Lenders need 6 months of reserves

[35:37] Offsetting the mortgage payment based on possible rental income

[37:42] Rental income loss

[38:38] Technical refinance or delayed financing

[40:22] 100% replacement cost needed in homeowners insurance

[44:37] Do your due diligence but beware of multiple credit checks

Mentions:

JasonHartman.com

Fruitcake Fraud

Financial Survival Show

VentureAllianceMastermind.com