Creating Wealth Real Estate Investing with Jason Hartman (general)

Housing seems more expensive right now, but is it? Jason Hartman shares the analysis of home prices when discussing payment, inflation, and historically low-interest rates.

Obviously, 2020 was a rough ride for most businesses, particularly those included in the travel industry. Eric Moeller, CEO & Co-Founder of STR Legends, gives us a peek into his business through 2020 in the Short Term Rental market. STRs aren't just about the real estate business but also hospitality. Airbnb made some massive decisions to cater to the guests' needs and not so much their partners in business, the hosts. These hospitality decisions shifted how STRs had to operate to maintain high occupancy.

Book Recommendations: Skin In The Game Nassim Nicholas Taleb

Key Takeaways:

[1:35] Valentine's Day Inflation

[3:30] Are we in a bubble, potential housing crisis, or is housing actually cheaper?

[6:15] Beware of the "bankster," Skin In The Game.

[7:45] We are going through potentially the largest wealth transfer in history. 

[9:45] The average family is struggling to contend with home prices that are rising faster than income. Let's clarify what Lawrence Yun might have meant. 

Eric Moller

[16:20] In one year, the industry collapsed, there was speculation of AirBnB collapsing, and now a year later, the business model has changed, specifically the length of stay. 

[17:30] The urban markets have collapsed since COVID-19.

[19:00] Have the operators given cuts for longer stays?

[20:21] "30 Day Stays"

[23:55] "Home Instead of Home"

[26:30] Markets outside of major cities are doing 98% occupancy.

[27:15] Tiny home experiential markets, for the 30 Day Stay

[30:10] AirBnB decisions were being made to prop up their IPO rather than worry about their hosts.

[37:00] Even Google is trying to get into the short term rental market. 

[39:20] Airbnb is a great place for building your business compared to other OTAs (online travel agency)

Websites:

JasonHartman.com

1-800-HARTMAN

STRLegends.com

STRProfitAcademy.com

Direct download: CW_1648_Eric_Moller_STR_Legends.mp3
Category:general -- posted at: 5:00pm EDT

This Episode of FlashBack Friday was originally published: June 21, 2012

Jason Hartman talks with one of the Seattle based lenders in his network about nationwide mortgage financing. You'll gain insights from Steve's 25 years in the mortgage business and you will learns some important distinctions between mortgage brokers, mortgage bankers and commercial banks.

As a mortgage banker with several warehouse lines exceeding eight figures, Steve and Jason bring power to overcome financing challenges.  A good mortgage banker can offer the greatest number of options with the power of direct funding control. Here are some additional issues addressed in this episode:

Mortgage overlays
Pre-qualification
Rent schedules
Counting rental income at 75%
Property management agreements
Mortgage sequencing
DTI or Debt-to-Income Ratios and examples
FICO scores and credit repair issues
Short sales
Foreclosures
Medical bills
Impact of positive cash flow and negative cash flow
Fannie Mae four and 10 financed property thresholds and limits
Cash reserves - banks vs brokerage accounts
Self-employed borrowers and their write-offs
Tax benefits like depreciation
Interest rate forecast
Inflation forecast
Investment forecast
Asset protection
Community property states

Websites:

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1647_FBF.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman thanks all of the listeners for their comments and compliments. In this "compared to what?" themed episode, Jason responds to several clients' comments from socialism to interest rates. If you like what you're hearing, join the Empowered Investor Inner Circle for many benefits, including a more intimate and candid version of some more complex issues in the real estate industry. 

The number of centenarians has grown dramatically over the last two decades, which is good news for you as a human and an investor. 

Key Takeaways:

[1:45] Don't talk about the thing you're not supposed to talk about. 

[4:00] Youtube took down one of my videos!

[6:10] How many big companies are burning books?  

[8:00] The number of centenarians has grown dramatically over the last two decades. 

[12:00] What's to come of China?

[19:45] How do we get US dollars in a time of crisis?

[23:00] We are here to help you build a real estate team.

[35:00] Interest rates, and buy downs. 

[40:00] Join our empowered investor inner circle. 

Websites:

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

jasonhartman.com/empowered 

Direct download: CW_1646_Jason_Speaks_with_Voxer_Messages.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks about the opportunities presented by the lurking crises. While some may have concerns about pending laws, people will vote with their feet - and end up in markets that investors might prefer. What can we make of Elon's latest Bitcoin move? Some are still throwing the dice at Bitcoin and similar crypto-currencies, but real estate proves to be a smarter investment. 

Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network.

Key Takeaways:

[1:30] Crisis is an opportunity riding the dangerous wind. 

[3:00 What did Elon do?

[9:30] "At the end of the day, the most important vote is where people choose to live and how they choose to spend their money." -Jason

[11:45] Let's talk about the central banks and the government printing press.

[12:45] Elon Musk's $1.5 billion move to the decentralized, uncontrolled trust-less asset.

[20:45] Be sure to check out Property Tracker and The Empowered Investor Inner Circle. 

Chad Hewitt

[22:15] Owns a scaffolding business is quite similar to owning a short term rental company. 

[23:10] Triple net leases simply mean that all expenses pass through to the tenant. 

[24:30] Originally inspired by Rich Dad, Poor Dad.  

[28:00] Triple net vs. individual residential real estate. 

[32:20] Anyone with a decent paying job can get past the 16k barrier to entry. 

[36:00] Income property is the most tax-favored asset in America because you can depreciate it. 

[41:30] With a 1031-exchange, you don't need to do the recapture when you sell a home. 

[41:00] Because of the Green New Deal, the cost to develop your average apartment complex is going to go up. 

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1645_Chad_Hewitt.mp3
Category:general -- posted at: 5:00pm EDT

This episode of FlashBack Friday was originally published in December, 2012

When the United States stopped backing dollars with gold in 1968, the nature of money changed, becoming the fiat currency system that has now put the world into an unprecedented recession.

Jason Hartman is joined by returning guest, Richard Duncan, to talk about how we are in danger of a global Great Depression and how we can stop it. Richard’s previous book talked about the inevitable collapse of the dollar, and his new book discusses “a new theoretical construct, The Quantity Theory of Credit, that is the key to understanding not only the developments that led to the crisis, but also to understanding how events will play out in the years ahead.”

Richard explains how the expansion of credit eventually implodes and the dangers of the contraction of credit. Richard Duncan is the author of three books on the global economic crisis. The Dollar Crisis: Causes, Consequences, Cures (John Wiley & Sons, 2003, updated 2005), predicted the current global economic disaster with extraordinary accuracy. It was an international bestseller.

His second book was The Corruption of Capitalism: A strategy to rebalance the global economy and restore sustainable growth. It was published by CLSA Books in December 2009. His latest book is The New Depression: The Breakdown of the Paper Money Economy (John Wiley & Sons, 2012). Since beginning his career as an equities analyst in Hong Kong in 1986, Richard has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia Crisis. He is now chief economist at Blackhorse Asset Management in Singapore.

Richard has appeared frequently on CNBC, CNN, BBC and Bloomberg Television, as well as on BBC World Service Radio. He has published articles in The Financial Times, The Far East Economic Review, FinanceAsia and CFO Asia. He is also a well-known speaker whose audiences have included The World Economic Forum’s East Asia Economic Summit in Singapore, The EuroFinance Conference in Copenhagen, The Chief Financial Officers’ Roundtable in Shanghai, and The World Knowledge Forum in Seoul. Richard studied literature and economics at Vanderbilt University (1983) and international finance at Babson College (1986); and, between the two, spent a year traveling around the world as a backpacker.


From the Fontainebleu Hotel in Miami, Florida, Jason Hartman continues the conversation on art, money, value, fiat currency, and economics. “I will not make any more boring art,” he reads. How does art, or the value of art tie in with real estate? What separates candy in the corner from the Sistine Chapel? 

Saifadean Ammous returns in this part two discussion about the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation?

Key Takeaways:

[2:45] “I will not make any more boring art.”

[3:45] Why should we align ourselves with governments and central banks?

[4:30] In the free market, the public is in charge of deciding the winners and losers. 

[6:00] Excerpt from The Bitcoin Standard

[15:00] Maslow’s Hierarchy of Needs

Saifadean Ammous, author of The Bitcoin Standard

[17:00] Have you been bitten by the Bitcoin bug? 

[17:25] Could the government make Bitcoin illegal?

[29:45] Is there a distinction between time preference and the time value of money, aka inflation? 

[31:45] Saifedean’s wife sells the chair he’s sitting on out from underneath him. 

[32:10] Art on the gold standard, will it stand the test of time?

[41:20] “A lot of people prefer to laugh than to think.” -Saifedean on Hedonism

Websites:

https://saifedean.com/

JasonHartman.com

1-800-HARTMAN

Direct download: CW_1643_Pt2_Saifedean_Ammous_and_Art_Chairs.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with Mitch Russo about GameStop & Robinhood. What happened, is it legal, and what will happen next? Guest, Ashley, talks with Jason about art, bananas, Banksy and how this can help one understand the connection between sound money and art. 

Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?

Key Takeaways:

Mitch Russo

[1:30] Joined by guest Mitch Russo, author of The Invisible Organization

[2:45] Keith Gill, aka Roaring Kitty's Reddit move with GameStop explained by Mitch Russo

[8:00] The corruption of Robinhood and Google, in bed together to delete negative reviews. 

[9:15] "Why are they picking on us rich people?"

[13:35] Did Reddit close the sub-Reddit?

[14:45] Jason is joined by Ashley, "let's talk about art and bananas."

[15:35] The amazing connection between sound money and art, Bansky and Love Is In The Bin

[17:20] How much better would the world be today if we were in a place of sound money?

[19:00] Art is bananas! 

[26:00] Bitcoin could be worth zero dollars tomorrow, nobody knows.

Saifadean Ammous

[32:00] Money has three basic functions of money:

[34:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?

[39:00] Why would the government let Bitcoin exist?

Websites:

https://saifedean.com/

mitchrusso.com

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1642_Pt1_The_Bitcoin_Standard_by_Saifedean_Ammous.mp3
Category:general -- posted at: 5:00pm EDT

This Episode of Flash-Back Friday was Originally Released: 10/12/10

Jason recaps The Masters Weekend, A Gathering of Experts™. Then, he answers listener questions about two recent podcast episodes, the Money Merge Account program, and the interview with Peter Schiff, and about how to break into real estate investing. Finally, we have our interview with an expert on monetary policy and the Federal Reserve and author of Web of Debt, Ellen Brown. She and Jason discuss the "300 Year Ponzi Scheme", the Federal Reserve, the bailout, central banks, fractional reserve banking, fiat currency, the gold standard, the true rate of inflation, and much, much more.

Direct download: CW_1641_FBF_Ellen_Brown.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman reminds investors of the opportunity of a lifetime, (a 5,000 year lifetime) with interest rates at historic lows. Is there a second phase to the great American pandemic migration?

How do we wage a peaceful revolution? Larry and Jason take a thorough walk through the swamp of politicians and questionable practices in DC and throughout the US. 

Webinar: jasonhartman.com/empowered

Key Takeaways:

[2:00] Questions from the Happy Hour segment on Jason Hartman’s Youtube. 

[4:30] What are big tech companies afraid of?

[8:30] Lowest interest rate in 5,000 years.

[13:20] “We are geo-independent!”

Larry Klayman

[16:30] The founding of Judicial Watch. 

[19:00] What kind of revolution are you talking about?

[23:55] What in the constitution gives judges life tenure? 

[27:45] Larry discusses some of the tyranny in legislative branches.

[35:00] Do you recognize this government as your own?

Websites:

freedomwatchusa.org

americasheriff.org

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1640_Larry_Klayman.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman breaks down the misunderstandings of inflation by analyzing Peter Schiff and Jim Rickards' debate. Before we can agree on whether we are in an inflationary or deflationary environment, we have to conclude the definition of inflation. 

Adam joins the Creating Wealth Podcast for a January 2021 mortgage update. 

Key Takeaways:

[2:45] Jim Rickards on "monetary stimulus."

[3:30] Inflation and the velocity of money. 

[6:30] How big can the bubble get before it pops?

[9:45] If you promote something, the price will rise.

[16:25] "I don't care what the Fed looks at, I care about reality." - Schiff

[17:45] Will we see dramatic increases in consumer products?

[23:30] Are we, the people, being gaslighted by big tech and the mainstream media?

[24:00] Mortgage update with Adam

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1639_With_Adam.mp3
Category:general -- posted at: 5:00pm EDT