Once again, single-family investment properties prove to have lasting value - beating out the purported success of commercial real estate. Jason Hartman ponders, will there be a Boxing Day Blues, with pandemic relief packages drying up?

Plagues have always been a part of the human experience, but the seriousness of COVID-19 is rare. Jason Hartman talks with author and professor, Dr. Nicholas Christakis. Dr. Christakis shares bits from his book Apollo’s Arrow: The Profound and Enduring Impact of Coronavirus on the Way We Live. As well, Jason probes Dr. Christakis of the blueprint of a good society - from selections of Blueprint: The Evolutionary Origins of a Good Society.

Announcements:

Sunday Coffee Tok: new time 7:00/4:00 pm EST/PAC time.

Jason and Adam: Every other Wednesday at 9:30 am EST.

Key Takeaways:

[2:30] Single-family home RE beats commercial again. 63 Bed, Bath, and Beyond stores are closing at the end of this fiscal year.

[5:15] 2.3% is the number that represents the number of office building loans converted into mortgage-backed securities that are more than 30 days delinquent.

[8:00] Millions are set to lose those big federal aid programs.

[9:00] The boxing day blues, pandemic relief packages likely to dry up or not?

[10:30] More lawsuits against Facebook! 

Dr. Nicholas Christakis

[14:00] Unpacking: Apollo’s Arrow

[15:45] What’s the severity of Coronavirus in comparison to past pandemics?

[18:45] Dr. Christakis debunks some COVID-19 myths.

[22:30] There are two critical epidemiological properties to understand about a virus: the infection fatality rate and the contagiousness (R-Naught).

[27:45] The modern mind thinks science and tech have already solved all significant issues. 

[29:15] We are fortunate to be in a period when a vaccine can be made available in real-time.

[30:45] What is “good behavior” for surviving COVID-19?

[34:30] The real estate industry is being reshaped, as it always has in times of pandemics. 

[38:00] Talking about Blueprint, The Evolutionary Origins of A Good Society.

[39:50] What’s the forbidden experiment?

[41:45] A perfect natural experiment. 

[47:20] That good feeling you get when in the presence of your friends was shaped by natural selection. 

Websites:

humannaturelab.net

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

Today's Flash Back Friday was originally published in September 2015.

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

Lightning Round:

[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

Website:

www.JasonHartman.com/Properties

Fruitcake Fraud

Long-Term Capital Management (LTCM) thought they had the market all figured out - oops. Jason Hartman reminds you all to invest in something that makes sense the day you buy it; market timing is for the fools. We are looking at record-low interest rates again (mortgage rates)! It's time to invest!

Investment counselor Adam returns for part two on their discussion of the doom and gloom, will we see another great recession? Even if we do see another great recession, understanding IDEAL can help set you up for comfort. 

Jason Hartman's Quick Start Podcast

Key Takeaways:

[1:30] If market timing were possible, wouldn't it be done?

[4:00] Real Estate is getting cheaper! 

[11:00] In March 2020, Jason said, "don't invest" - today (December 2020), "DO IT!"

Adam

[12:00] What is the government?

[15:00] When is all of this Doom & Gloom going to come true?

[17:00] What if it's another great recession right now?

[25:30] Let's compare income property with the value investing philosophy of Warren Buffet. 

[27:00] Understanding IDEAL

[33:00] "we'll just put the tool back in the toolbox, and everything will be ok.".. or not!

Websites:

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Who has End of The World Syndrome? Jason Hartman reminds everyone of the ups and downs of the market, but not the end. The migration, or the flattening of America, continues as Hewlett Packard is leaving silicone valley. 

Adam questions JP Morgan’s move, “relaxing their mortgage standards.” Jason and Adam discuss the potential for another housing bubble or the great recession. Also, Jason and Adam break down some of Jerome Powell’s dialogue. What does this mean for the investor?  

Visit: jasonhartman.com/protect

Key Takeaways:

[2:15] End Of The World Syndrome? 

[3:00] To those waiting for the RE crash…

[9:00] Hewlett Packard is leaving silicone valley. 

[12:10] “The flattening of America.”

[14:10] The Final Frontier

Adam

[19:30] Is JP Morgan relaxing their mortgage standards…again? 

[23:15] Is this the start of a housing bubble that leads to a great recession?

[25:23] Go to jasonhartman.com/charlotte 

[27:30] Key-phrase: “when the crisis has passed…”

[34:20] Jerome Powell - The Federal Reserve - “the world’s biggest hedge-fund.” 

Websites:

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason Hartman zooms in on San Francisco to talk about vacancy rates, rental rates, and leverage. Also, Jason shares a few stories from his time spent with the amazing Tony Hsieh in Las Vegas. 

Andrew Cushman of Vantage Point Acquisitions returns for part two to discuss one of the new investors' first questions: where do I start building my portfolio? Popular cities sound like a great starting point, but the better investment opportunity might be a city you've never heard of. 

Key Takeaways:

[2:00] Phase 1 to phase 2 of the Mass Migration of America.

[2:53] The median pricing to rent a 1 bedroom apt in San Francisco is $2800.

[6:00] What's a real estate excavator?

[7:30] Nearly 46% of ALL Americans are considering moving within the next year. 

[9:15] Jason speaks on the innovation of Tony Hsieh

[13:15] Hear from the client: Muthia

Andrew Cushman

[15:00] "I don't want to invest in Arizona because I don't want to be too spread out."

[17:15] How did you identify these growing markets early, before they stopped making sense?

[19:45] How do I decide what market to invest in?

[23:40] One of the best ways to protect yourself from an inflationary environment is to invest in real estate. 

Websites:

vpacq.com

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason Hartman shares evidence of bullish signs for the real estate market. Also, let's take a look at the S&P500 movement for the last 12 months; it's good to know where your investment sits in comparison to the market. 

Andrew Cushman joins Jason to talk about rental scarcity. Andrew shares graphs and figures to paint a picture of real estate movement and migration in the US. 

Key Takeaways:

[2:45] The number of 2020

[4:45] jasonhartman.com/protect to set up different entities.

[7:10] 3.6 million long-term unemployed Americans without work for 6 months or more. 

[9:00] Will there be a stimulus extension?

[13:00] How are stocks trading on their 200-day averages?

[16:00] Governments do produce at least one thing. 

Andrew Cushman

[22:00] Discussing the "tricky" economy, with the odd unemployment compared to stock market success.

[23:00] Will this be the next great depression, or is everything going to be OK?

[25:00] The millennials, the largest generation, are getting to the point where they are forming households. 

[29:30] How much of a housing shortage are we looking at? 

[34:30] California is losing the people that have the desired incomes for rental property. 

[35:00] California is a banana republic. 

[41:30] Opportunity zone, is it overrated?

[43:30] Thou shalt not gamble; the property needs to make sense the day you buy it. 

Websites:

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

This episode of Flashback Friday was originally published on: November 21, 2018

Jason Hartman starts today from his Aunt Joanie's house discussing a recent trend among her renters: lease breaking. Joanie has noticed that several of her tenants seem to be jumping in to the buy side after they had given up over the summer. Jason and Joanie discuss why this might be and the correlation between rents and home prices.

Then Jason talks with Diana Butler Bass, Ph.D. in religious studies and award-winning author of 10 books including her newest, Grateful: The Transformative Power of Giving Thanks. The two dive in to why being grateful is important, both for the community and the individual. Diana explains the 4 dispositions of gratitude and the health benefits that come from being grateful.

PLUS, don't forget to take advantage of Jason's massive Black Friday/Cyber Monday Sale!

Key Takeaways:

[4:01] People are starting to break leases more often

[7:02] Fear of loss is more powerful than desire for gain

[9:26] Rents and prices are inversely correlated

[11:23] Why Aunt Joanie got into real estate

Diana Butler Bass Interview:

[16:15] Gratitude actually makes you healthier

[21:34] Gratitude functions out of our higher brain, whereas fear functions out of our primal brain. It also helps things in you physically like blood pressure

[24:39] The world has changed and we need to stop acting solely from our fear instincts

[25:37] The 4 dispositions of gratitude

[30:06] Play isn't just about competition, it's about appreciation, movement, and celebration. Ritual celebrations of thanksgiving are important parts of our culture

Website:

www.HartmanEducation.com

www.DianaButlerBass.com

www.Twitter.com/DianaButlerBass

Jason Hartman, Rabbi Moffic, and everyone here in the Hartman Network wish you a Happy Thanksgiving! 

We thank you all for being devoted listeners, active investors, and top-tier landlords. 

www.jasonhartman.com

pandemicinvesting.com/blackfriday

Have Fannie Mae and Freddie Mac adjusted the loan limits because they are adapting to the market? Jason Hartman speaks on the change in loan limits and the changes in purchase volume. As well, here’s a quick update on the US jobs market broken down. 

Charles Goodhart and Manoj Pradhan return for part two in discussing interest rates with Japan as the main subject. Also, they discuss the nationalization of countries across the globe due to the necessity of self-reliance. Finally, Charles Goodhart shares Goodhart’s Law.

Books: The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

Black Friday Deal: pandemicinvesting.com/blackfriday

Key Takeaways:

[1:45] Most counties will see a 7.5% increase in the loan limit. 

[4:45] The Mortgage Bankers Association (MBA) offered a prediction, along with their revised estimates, what will happen in terms of purchase volume.

[7:35] Will next year be a time when it’s harder to get a good rent-to-value ratio?

[10:00] People in the mortgage business are making money! 

[12:00] How’s the US job market doing?

Charles Goodhart and Manoj Pradhan

[17:45] The way Japan has been treated has been symptomatic of many of the analysis problems that we see in the global economy. 

[20:45] Manoj comments on what allowed Japan’s debt to get so high.

[22:25] One result of the pandemic was that every country becomes more national and self-reliant. 

[24:45] Are we moving into an era of stagflation?

[25:15] What kind of inflation is coming? US or Global? And how much?

[30:00] Goodhart’s Law

Websites:

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason Hartman invites all to be thankful and check out pandemicinvesting.com/blackfriday. The Fannie Mae loan limits will be increasing; tell us what you think this will do at jasonhartman.com/ask.

Charles Goodhart and Manoj Pradhan join today to elaborate on a significant global prediction that low-interest rates won’t last. When they go away, it will place substantial hardship on the economy. Charles and Manoj authored the book The Great Demographic Reversal, a book that will outline the rise in inflation and interest rates but lead to a pullback in inequality. In part I, Jason, Charles, and Manoj elaborate on the dependency ratio. 

Books: The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival

Black Friday Deal: pandemicinvesting.com/blackfriday

Key Takeaways:

[2:00] It’s a time to be thankful. 

[3:20] The Fannie Mae loan limits are going to be increasing! 

[4:15] Jason Hartman Flash Briefing: The Story of Inflation

[7:50] How are Manoj and Charles connected?

[10:20] How have globalization and technology influenced inflation? 

[13:45] The debt ratios around the world have been jumping up very sharply. 

[14:00] Will interest rates go up?

[15:00] The best way to get out of debt is to grow faster.

[17:00] Japan is aging itself out of existence with its extremely low birthrates. 

[18:20] Robots won’t do; we need a reallocation from one part of the economy. 

[22:00] Why is the dependency ratio so important?

Websites:

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN