Young Wealth by The Jason Hartman Foundation

Jason Hartman discusses the economic "hibernation" triggered by the COVID-19 pandemic, highlighting the Federal Reserve's decision to drop interest rates to zero. He argues that residential real estate remains a stable "center of the universe" while predicting a massive inflationary wave due to government bailouts and currency creation. The program also features guest Drew Baker, who shares practical advice on remote self-management of rental properties using digital tools like Buildium and Hello Sign. Baker emphasizes that maintaining personal relationships with tenants can lead to better property care and long-term lease renewals. Together, they explore how the global crisis is shifting work habits toward the home and creating a unique environment for "pandemic investing."

Key Takeaways:

2:51 The economy of planet Earth is going into hibernation mode

4:08 "Buy on fear, sell on greed." -Warren Buffet

6:28 How do you recover from a couple of months sliced out of an annual GDP?

8:15 Exploring best/worst-case hypotheticals

12:05 Supply/demand shock

14:00 Inflation Induced Debt Destruction profits to come

17:30 Drew Baker

18:43 Buildium vs Property Tracker

23:00 A better quality tenant can make for an easier self-management experience, a lower quality tenant makes the property manager a little more needed

27:00 A great tenant goes a long way

32:00 Coronavirus, a baby-boomer bomb

Websites:

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

www.holisticsurvival.com/

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason Hartman and investment counselor Carrie discussing specific real estate opportunities in Georgia, Alabama, and Indiana. The experts analyze market data such as rental projections and return on investment to highlight the benefits of both new construction and affordable renovations. A significant portion of the audio focuses on the "hybrid approach" to property management, where owners use digital tools like Cozy to handle tenants directly while outsourcing specific labor-intensive tasks. Hartman further explores economic trends by comparing historical Disney parking prices to demonstrate how official government figures may understate inflation. The program concludes with a historical critique of Malthusian thinking and the "crisis of confidence" during the Carter administration, contrasting past national morale with modern perspectives.

Key Takeaways:

1:20 Atlanta, Georgia area property only 9 miles from the Hartsfield-Jackson Airport

4:30 Port city, Mobile, Alabama property offers low property taxes

7:00 Property Tour with Carrie in York, Pennsylvania

9:00 The latest empowered investor, Bruce, taking the hybrid approach

11:40 Firing your property manager, self-managing or the hybrid approach. Not all bad or mysterious

13:30 The three basic economic maladies; inflation, deflation, and stagnation

18:40 The carter administration was typified by Malthusian thinking

19:45 Jimmy Carter's infamous Malaise Speech

Websites:

www.JasonHartman.com/ask

www.JasonHartman.com

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason Hartman and guest Naresh discuss strategic real estate investing and financial philosophy. The conversation highlights specific new construction opportunities in Florida and Mississippi, emphasizing the importance of analyzing rent-to-value ratios and cash-on-cash returns. They also explore the "refi till you die" strategy, which advocates for extracting tax-efficient wealth through property refinancing or home equity lines of credit. Additionally, the duo reflects on a letter by the late Kobe Bryant, using his insights to promote wise generosity and self-investment over simple financial handouts. Ultimately, the source serves as a guide for building long-term success through disciplined asset management and high-leverage investment techniques.

Key Takeaways:

4:28 A Fourplex, new home construction deal!

7:05 Tunica Resorts property, the Vegas of the South

8:32 32% return on invest IS a conservative number in a multidimensional asset class

8:50 How To Analyze an Asset Class, Free Video – JasonHartman.com

9:45 Advice on money, from a letter that Kobe Bryant wrote

15:30 "Refi 'till you Die" plan

16:20 ROA return on amortization

26:50 Citrus Springs, Florida

Website:

www.JasonHartman.com

Mamba Mentality: The Mindset That Made Kobe Bryant a Master

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason Hartman and contributor Adam discussing the essential role of due diligence in real estate investing. They emphasize finding a "Goldilocks zone" for decision-making, cautioning investors against both impulsive speed and analytical paralysis. Key practical advice includes verifying property pricing through the MLS or Zillow and scrutinizing the scope of work for renovations to ensure future warranty protections. They further explain how to audit financial variables, such as property taxes and insurance costs, which are often understated in initial investment projections. The discussion also covers the logistics of securing financing for smaller properties and the necessity of professional home inspections and re-inspections before closing a deal. Through these steps, the sources aim to provide a comprehensive roadmap for protecting capital and ensuring long-term success in income property ownership.

Key Takeaways:

4:00 Where to find pricing: MLS, Zillow and Tax Assessor

9:10 Pictures can be insanely misleading. Sometimes, it's not even the same house.

14:25 A quick call to the country tax assessor can give you a ballpark estimate on taxes for an investment property.

19:35 Lender deals can change due to dynamics of reevaluations.

24:00 The licensing laws vary from state to state, check the requirements for you state

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Jason Hartman discusses the fundamental reasons for business and personal failure, specifically identifying fear, poor mindset, lack of connections, and deficient systems. Hartman emphasizes that individuals must view themselves as the CEOs of their own lives to navigate economic crises effectively. The guest, Steve Hochberg from Elliott Wave International, explains the Elliott Wave Principle, a theory suggesting that financial markets are driven by predictable patterns of crowd psychology rather than external news. Hochberg argues that the 2020 market crash was a mathematical inevitability caused by a shift from extreme optimism to pessimism rather than being solely due to the pandemic. The discussion concludes by exploring how these psychological shifts impact real estate, predicting a migration away from high-density urban areas toward more stable, linear markets.

Key Takeaways:

2:30 From a discussion: the four primary reasons a company fails

4:00 Number one, FEAR - Faults, education, appearing, real

5:15 Number two, mindset

9:00 Number three, lack of connections

11:30 Number four, Lacking systems and process

15:20 What is going on in the financial world?

17:00 Unfolding the Elliott Wave Principle

18:20 "Late 2019, the U.S. economy had some very strong economic numbers, the social mood was very elevated, but there were some underlying problems going on"

19:20 The yield curve: the three month U.S. Treasury bill yield minus the ten year U.S. Treasury note, had inverted, which was a key indicator in the last months of 2019.

23:00 Cyclical vs linear markets, post-pandemic

28:00 Do recessions cause cautious businessmen or do cautious businessmen cause recessions?

30:00 An Elliot Wave is a hierarchical fractal, it has self-similar patterns at all degrees of the scale

30:45 Why do you prefer the DOW over the S&P?

Websites:

www.elliottwave.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman's Blogcast

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Listen in at: http://jasonhartmanfoundation.org/articles/young-wealth-show

Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand: https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

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