Creating Wealth Real Estate Investing with Jason Hartman

If you only compare home prices in dollars, it sure does look like housing is overpriced. But dollars aren't the only way to look at price. What about other commodities? Jason Hartman breaks down the cost of homes through the last 21 years priced in various commodities.

Then Jason finishes his interview with Jarrett Gross about 3D printed homes. The two look at the issues hampering the adoption of the technology, how far off the solutions to those may be, how the technology will impact the overall real estate landscape and more.

Key Takeaways:

[1:41] Comparing the price of homes if you bought it in gold, oil, orange juice, or rice

[7:31] The monthly cost is what REALLY matters to buyers

Jarrett Gross Interview

[10:31] Many builders tent their build to better the quality

[16:21] 3D printing could be important to building in space

[20:52] How far off are commercially viable homes?

[24:12] There are 2 components to every real estate deal

Website:

www.JasonHartman.com/Fund

www.Automate.construction

Direct download: CW_1667_Gross2.mp3
Category:general -- posted at: 6:00pm EDT

Are we in a bubble? Well, that depends on a variety of factors. One important factor is making sure that you're measuring values properly. If you use the wrong measuring stick you'll get the wrong answer, so make sure you're doing it right.

Then, Jason Hartman talks with Jarrett Gross about 3D printed homes. How close to reality are they? Can you really get them for $10,000? Will it completely disrupt the housing market? Listen in as the two explore what's currently being printed, and what's in store.

Key Takeaways:

[2:52] Is there an everything bubble?

[6:41] You have to use a proper measuring stick when figuring out pricing

Jarrett Gross, Part 1

[13:01] The $10,000 printed home is a myth

[19:06] What do 3D printed homes mean to the real estate industry?

[23:05] Google search trends for 3D printing have held a sustained spike recently

[26:14] One Colorado company is making 3D printed mud huts that are surprisingly strong and surprisingly cheap

Websites:

www.JasonHartman.com/Fund

www.YouTube.com/jasonhartmanrealestate

www.Automate.construction

Direct download: CW_1666_Gross1.mp3
Category:general -- posted at: 6:00pm EDT

Today's Flash Back Friday comes from Episode 898, originally published in October 2017.

There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.

Key Takeaways:

[01:25] Meet the Masters of Income Property event details.

[04:23] Talented and want to get more deeply involved? Jason wants to hire you.

Ali Wolf Guest Interview:

[08:38] Are we at the end of a business cycle?

[12:05] Ali uses the Quits ratio to judge the state of the economy.

[14:14] Three critical indicators to use as early warning signs to a possible market drop.

[17:04] Wiil Millennials be staying put and buying homes or are they the rental generation?

[24:08] Why modern, prefab homes may offer Millennials more amenities than space.

[35:09] Inventory of existing, resale housing is lower in every single market Zondo tracks.  

Mentioned in This Episode:

www.JasonHartman.com

Real Estate Tools

Listeners with Skills - Apply here

Meyers Research

Zonda

Direct download: CW_1665_FBF_Wolf.mp3
Category:general -- posted at: 5:00pm EDT

Too many people give up way too easily. If you want to thrive in the world and make a difference, you have to push through. You have to persevere in your ventures. That's going to mean tough times, but the end result is worth it. Jason Hartman delves into that in today's intro, as well as explaining why builders are having to trigger the Escalation Clause in their contracts with buyers in today's environment.

Then Jason talks with Stephen Leeb, author of the new book China's Rise and the New Age of Gold, as well as The Coming Economic Collapse, about why commodities are in such demand and what that means for investors moving forward. The two also examine how we're going to get 6.5 BILLION people into the middle class.

Key Takeaways:

[3:19] Too many people give up too easily

[7:19] How the cost of lumber is impacting builders and sales contracts

[14:00] The reserve currency status of the USA

Stephen Leeb Interview:

[19:49] The world is at a turning point

[27:32] Real, physical assets are in short supply and GREAT demand in today's environment

[33:44] Gold has outperformed the S&P by 100% in the last 20 years

Websites:

www.JasonHartman.com/Fund

www.StephenLeeb.com

Direct download: CW_1664_Leeb.mp3
Category:general -- posted at: 5:00pm EDT

There's all sorts of talk about how to measure the housing market. One way people don't discuss much is looking at is the stock prices of home builders. Jason takes a look at what's going on there and why the way many people view the impact of rising rates isn't the clear vision they seem to think it to be.

After tackling rates and home builders, Jason goes to a recording he did with investment counselor Adam where Adam gave real numbers of how his properties performed in 2020, and how they've performed over their lifetime. These are actual profit and loss numbers that are from properties bought through the network.

Key Takeaways:

[3:45] What's happening with home builder stocks

[10:17] There's not a parity of 1 house 1 buyer

[16:57] Adam's portfolio review

Website:

www.JasonHartman.com/Fund

2020 Portfolio Review on YouTube

Direct download: CW_1663_Adam.mp3
Category:general -- posted at: 10:50pm EDT

Today's Flash Back Friday comes from Episode 1084, originally published in November 2018.

Jason Hartman starts today's episode by answering more of the mortgage FAQs that were started in episode 1083 that were spawned from the recent Profits in Paradise event. He looks at his idea of Refi Til Ya Die and what it takes to finance your first 10 properties. He also unveils the Ring Doorbell/Amazon Echo contest winner(s)!

Then Jason finishes his interview with client Drew Baker. This time the two tackle cryptocurrency, higher education, the investment landscape as it stands today, and the appreciation vs cash flow dilemma.

Key Takeaways:

[4:22] You need to either create your own mastermind group or join one if you are looking to improve your lot in life

[10:09] Can you do a cash out refinance of your investment properties?

[13:18] If your credit score is over 720 you need to borrow more money (assuming that you're borrowing for investment purposes that is)

[15:42] Can you finance a primary residence regardless of how many investment properties you own?

[17:55] The Ring Doorbell/Amazon Echo contest winners

Drew Baker, Part 2

[21:37] A 1 world cryptocurrency would be terrifying and allow governments to inflate as much as they wanted

[26:25] The college tuition bubble

[29:24] What should investors be looking at today?

[35:02] People tend to look at appreciation over cash flow because it's "sexier"

Website:

www.JasonHartman.com/Properties

Direct download: CW_1662_FBF_Drew2.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman starts off the show with a discussion about, potentially, the only business in the country with a negative cost of capital, and why we're starting to see the fear of inflation creeping into the mainstream.

Then another client, this time Andrew Freitas, joins Jason to discuss their investing journey with the network. Andrew started buying properties a few years ago and hasn't tapped the brakes, with 7 properties in his portfolio now. Listen in as he explains how he's gone about doing it, how he handles his properties with his full time job, and why he's slowly gravitated toward more expensive properties.

Key Takeaways:

[5:27] Insurance is possibly the only business in the world with a negative cost of capital

[10:22] The Algorithm Echo Chamber

Andrew Freitas Client Case Study:

[20:35] How Andrew's investing journey started

[23:54] Covid-19 has impacted places like the psychiatric facility Andrew works

[30:59] Dealing with property managers

[35:36] Buying C, B, and A class properties

Website:

www.JasonHartman.com

1-800-HARTMAN

Direct download: CW_1661_Andrew_Freitas.mp3
Category:general -- posted at: 6:07pm EDT

Why isn't the RV ratio as crucial today as it was 14 years ago when Jason started? Following the sound advice of long ago can actually make you lose out on fantastic opportunities now. In today's market, where homes are selling for over asking price, Jason explains how we need to re-evaluate our thinking.

Then.

January 6, 2021.

According to Michael Recenwald, author of Beyond Woke, as well as Thought Criminal, that day is a day that will continue the slide toward censorship that we're experiencing today in America. Are we in the midst of a revolution? Is there a concern for freedom of thought, and how would this play out?

Key Takeaways:

[2:17] Redfin announced that properties are selling for over list price

[8:00] why the RV ratio isn't as valid today as they were when Jason started

[13:30] Where the stimulus is actually going

Michael Rectenwald Interview:

[18:45] Rectenwald feels that censorship will be further exacerbated by the events of January 6, and why are big-tech so leftist? 

[20:45] Are we undergoing a revolution?

[24:20] Will UBI save you or put you in a bind? 

[32:15] Is there a concern for freedom of thought?

[36:00] What is the reason for the wokeness movement?

[44:00] Corporate socialism. 

[46:00] Does cryptocurrency make you feel free from the government?

[47:00] Decentralization is the answer, but how do we go about it?

Websites:

www.MichaelRectenwald.com

www.JasonHartman.com

1-800-HARTMAN

Direct download: CW_1690_Michael_Rectenwald.mp3
Category:general -- posted at: 5:00pm EDT

This Flash Back Friday comes from Episode 1083, originally published in November 2018.

Today's episode starts off with Jason Hartman, in the car, back from Hawaii. He tackles the average length an American stays on the job these days, how technology is changing our buying habits, and starts answering some mortgage FAQs he's been getting lately.

Then Jason talks with client Drew about a mistake he made in self-management that shifted his views on contracts, as well as exploring dividend stocks and the economic disaster that is Argentina currently.

Key Takeaways:

[6:46] Digital camera shipments are down 80% thanks to smartphones

[8:20] Mortgage FAQ #1- Can you finance more than 10 properties?

[9:43] You only need a 620 to finance your first 6 properties, then a 720 for properties 7-10

Drew Baker Interview:

[13:18] A mistake Drew made that made him realize it's important not to deviate from the contract

[17:32] Love or hate Trump, he's been good for the economy

[21:50] Dividends may sound great, but they're not the most stable

[27:05] The currency of today is just getting in front of people

[31:30] Argentina has an economic disaster every 10 years

Website:

www.JasonHartman.com

Direct download: CW_1659_FBF_Drew_Baker1.mp3
Category:general -- posted at: 5:00pm EDT

What happens in California may not seem important if you don't live there, but it's a trend setting state. And there's a lot of tax things going on in California that should catch investors attention.

Jason welcomes his mom back to the show, as the two discuss what's happening in California, as well as why she's finally selling her California properties, how she finds contractors from a distance, and more self-management tips.

Website:

www.JasonHartman.com

www.YouTube.com/JasonHartmanRealEstate

Direct download: CW_1658_Mom.mp3
Category:general -- posted at: 5:49pm EDT

Adam just went through the Snowmageddon in Texas, losing water for a week while many others in the state went days without power. That experience led him to start thinking about Commandment #6: Thou Shalt Diversify, as well as the importance of cash flow.

The two delve into how to diversify, how bad the housing shortage really is, why prices are spiking, where interest rates are headed, and what's out there today that actually makes sense the day you buy it.

Website:

www.JasonHartman.com

www.youtube.com/watch?v=oIWmpZqWfV4

Direct download: CW_1657_CashFlow.mp3
Category:general -- posted at: 5:00pm EDT

FlashBack Friday

What is the best coverage for your multi-state real estate portfolio?

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.

Key Takeaways:

Jason’s Editorial:

[1:21] It’s an amazing time to be alive!

[2:33] China has finally ended their one child policy

[4:40] The nature of the real estate industry is fragmented

[9:34] Bad faith insurance or companies denying claims is common

[10:30] A personal experience with National Real Estate Insurance Group

[11:50] Monday’s episode features the founder of WeGoLook

[14:04] Can we get listeners in more countries than the U.S. has military bases in?

[16:40] Meet the Masters with Garrett Sutton in January

Ed Babtkis Guest Interview:

[18:50] We have had nationwide insurance available for 30 years

[19:50] Nuances to the nationwide real estate market make it a difficult product to offer

[21:05] The underwriting companies which serve our brokerage firm

[22:16] Nationwide programs are generally done on a blanket basis

[25:21] Deductible options and norms

[27:24] Getting the quote to the investor

[29:54] Our company is approved by major financiers

[31:20] Calculating insurance rates based on zip codes

[33:30] Cash value is the number one issue insurance companies have

[34:55] Replacement value is better coverage

[36:33] How are land contracts insured?

[39:12] Hard money lenders can place property coverage, but it costs a bit more

[40:00] Loss of Rent insurance

Mentions:

JasonHartman.com

Affinity Group Management

Code Red Book

We Go Look

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone

Direct download: CW_1656_FBF__NATIONWIDE_PROPERTY_INSURANCE_MADE_EASY.mp3
Category:general -- posted at: 5:00pm EDT

Are we in a Stock Market Bubble? Jason Hartman performs a walk-thru of the Wilshire 5,000 Index, discussing bubbles past and present. What kind of clues can we pick up? Self-management might not be for everyone, but it is for the empowered investor. Listen in for some self-management tips from clients across the Hartman Network. 

Key Takeaways:

[1:20] Are we in a stock market bubble? Wilshire 5,000 Index

[5:30] From The [first] Tech Bubble to the Housing Bubble. 

[7:55] We have two completely separate economies; the Wall St. economy and the Main St. economy. 

[12:00] Self-management and being an empowered investor, and using Thumbtack. 

[16:45] Refi ‘Til Ya Die

[20:40] Stagflate, tax, and lie.

[26:00] If you are interested in self-managing, we highly advise you to join the Empowered Investor Network.

[29:00] Thou shalt maintain control. 

Websites:

jasonhartman.com/empowered

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


Is a home worth its weight in gold or bitcoin? Jason Hartman shares some constitutionally great news for landlords. As well, let's start testing currency transfer efficiencies - starting with the Fed and Bitcoin. 

Jason Hartman talks with Stanford University, Professor of Economics, Dr. Nicholas Bloom. Bloom and Hartman discuss the significant economic changes in the US economy as well as social changes. How has the work from home trend grown through pandemic times, and are employees more productive in this environment? Will this work from home trend continue to give people reason to leave exhaustingly expensive homes in the city?

Key Takeaways:

[1:30] Landlords, are you ready for eviction moratorium good news?

[3:40] Talking about measuring sticks, is housing worth its weight in gold or bitcoin?

[8:15] Let's talk about money transfer inefficiencies. Bitcoin, or The Feds System banking transfer system, who loses?

Nicholas Bloom

[12:25] Working from home has absolutely exploded, from 5% to 60% at the peak of the pandemic. 

[13:10] Geography is less meaningful than ever in US history. 

[16:10] San Francisco has a sort of rental apocalypse due to the pandemic. 

[18:50] Working from home has already been on an upward trend. 

[26:00] The best way to fix the economy is to eliminate the virus. 

[28:30] Big tech never set out to censor what’s online.

[33:00] Are people more or less productive working from home?

[35:15] Are we to expect inflation due to all of the money printing?

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_1654_Nicholas_Bloom.mp3
Category:general -- posted at: 5:00pm EDT

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