Jason Hartman's Quick Start Podcast

Jason Hartman talks with Ali Wolf of Myers Research about why the economy can't withstand rates as low as they are today when we've had the short-term rates down for a long time.

Ali talks about how the next downturn could be labeled as "The Fed-Induced Bubble"

Our current economy punishes savers and rewards debtors. The Fed does not control mortgage rates, they influence them...a bit.

Website:

www.JasonHartman.com

Years ago, there was a lot of hype around the real estate market in Texas. Now, Florida seems to be more popular. Why?

Texas is getting more expensive. Florida is getting more business friendly. Many people from the Northeast and California have become frustrated with the affordability and lifestyle in those areas and are heading to Florida.

We also discuss more specifically the Jacksonville market. It is a very attractive place to live because you get the full package; the lifestyle, beach scenery, affordability and jobs. They've also implemented a new construction model that is proving to be very beneficial.

Website:

www.JasonHartman.com/Properties

Fannie Mae, Freddie Mac and FHA loan limits have increased. What does this mean for the real estate market?

Home prices get sticky. In terms of the overall climate, refinancing was a good idea in 2019. Refinancing too much can become volatile. You want to make new purchases but not buy too expensive or the rent to value ratio isn't going to work.

Website:

www.JasonHartman.com/Properties

One of the major reasons to invest in rental property are the tax benefits. Non-cash write-offs and deductions are money in your pocket and real estate offers the best of both.

This is a continuation of the 10 Commandments of Successful Investing series from Jason Hartman. These commandments will save you from making costly and stressful mistakes as you dive into the world of income property investing.

Today you'll learn about Commandment #10.

Website:

www.JasonHartman.com

Housing affordability is getting worse in the US. In this episode, Jason Hartman analyzes this trend and look at specific locations. If you started investing with him 10-15 years ago, you got some incredible deals on your properties in cities that will be considered unaffordable in the near future.

Markets that used to be linear have become hybrid.

What is Jason's Water Theory of Money? Money tends to flow to the lowest point. It goes where it's treated best. How does money flow through different real estate markets?

Real estate always pushes out and is highly local. Buy real estate and then wait...

Website:

www.JasonHartman.com/Properties

Jason Hartman and investment counselor Carrie go over how the network functions. The two explain the process of finding properties, getting financing, evaluating the provider, and choosing property management. This can seem to be a daunting task, but that's why the network exists: to provide the complete solution for real estate investors.

Key Takeaways:

[4:08] The middle market between Fannie Mae/Freddie Mac loans and hard money has been a boon for investors

[9:52] Keep your investment counselor in the loop with your purchases, having a Jason Hartman email address in the thread helps things move faster

[13:34] Form relationships with market specialists so that you can know what you're getting into with future properties

Websites:

www.JasonHartman.com/Properties

www.RealEstateTools.com

Jason Hartman and Sara discuss whether you should refinance a 30 year fixed rate loan or do a Home Equity Line of Credit (HELOC). It really depends on your existing interest rate and the current rates.

If you can get locked into 30 years with a low rate, that's the way to go. You want to reduce your risk by having more leverage (debt). The higher loan balance offers protection. It may seem counterintuitive but watch more videos to learn the context.

They also discuss 1031 Tax Deferred Exchanges. If you're a rental property investor, look into that.

Lastly, they talk about the GO Zones and the main problems with it.

Website:

www.JasonHartman.com/Properties

People are far more motivated by what they will lose than what they will gain. How does this affect you as a real estate investor? Loss aversion has a massive influence on buying decisions.

Jason Hartman explains some common examples of how loss aversion influences people's lives.

Then Jason connects that psychology to rental property investing. How many of you celebrate when you receive your rent? How many of you get angry when you don't receive it? We're much more emotionally charged by what we feel we lose.

Successful people are willing to take a risk to go and gain something. They have their eye on what they can receive rather than what they will lose. What could you gain? Look for opportunity.

Website:

www.JasonHartman.com/Properties

Jason Hartman discusses the true price of a house based on payments opposed to the selling price. He talks about the average inflation rate over the last 3 decades and how important it is to factor interest rates and inflation into the value of a house.

The mainstream media will tell you the price of houses selling and say, "We're in a bubble and you should buy as many as you can. The market is going to crash!"

We need to remember that real estate is the most debt-friendly asset and can be refinanced very easily.

People buy based on a payment, not a price, and that is an important factor to consider. The price of a house can increase 4 times while the mortgage payment only doubles. A house today (converted to 1989 dollars) cost about the same as a house in 1989.

Website:

www.JasonHartman.com/Properties

What is the one trick that really empowers people to success? Leverage. It helps you do more with less.

In this video you'll learn Jason's triad of leverage and what it has to do with income property estate investing.

Website:

www.JasonHartman.com