Accredited Income Property Investment Specialist (AIPIS)

Jason Hartman talks Real Estate Wholesaling with Lex Levinrad. Lex takes us through his work-flow and how his business spans real estate wholesaling, flipping, and rentals. Jason finds out how Lex is continuing to find foreclosure inventory and talks about the anticipation of changes in the next three years. Key Takeaways: [1:26] Explaining wholesaling [5:00] How are you finding foreclosure inventory, and is it more-so of a struggle currently? [7:30] With current trends, short-sales will become a booming business again in the next couple of years [9:30] What's the step by step? [12:55] Understanding the concepts of whole-saling, and the order of process [19:30] No matter what you are doing, flipping, or wholesaling, remember to keep a couple of rentals as well Websites: www.JasonHartman.com www.LexLevinrad.com www.Hubzu.com

Almost speechless, Jason Hartman discusses financial strategy along with best/worst-case scenarios in dealing with the Coronavirus. The economy of planet Earth is possibly facing a global hibernation, how long will it last, and how will we recover? In today's second segment, Jason speaks with guest Drew Baker, about self-management tips and applications to ease some of the hassles. Drew speaks about his experiences with the value of quality tenants. 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/

Today, Jason Hartman unlocks one of the most powerful investment tools as an alternative to the 1031 exchange. The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and a new depreciation schedule. Before this investment skill is revealed, Jason shares an update on the promise of the 'federal' reserve plan to keep the economy in shape. Beware of the elevator, even the NYTimes is talking about the population density problem. Key Takeaways: [2:10] The US 'federal' reserve is taking the role of buzz lightyear, to infinity and beyond. They will provide unlimited asset purchases, with no limit to what they will do to prop up the economy [5:32] Winning is a relative game: Here's how you do it! [9:35] "Density is really an enemy in a situation like this (coronavirus)" NYTimes Dr. Steven Goodman, an Epidemiologist at Stanford University [10:10] Trump is going to reopen the US [11:00] Chinese are cleaning their money, digital currency [12:00] Everybody needs more room if we are going to be at home all the time [14:25] Guest, Tom [16:45] If you do an installment sale, you pay taxes on an annual basis [19:15] Why is a QI (qualified intermediary) needed? [25:50] The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and depreciation schedule [28:50] Don't forget the rule of 72 [33:10] This can be a rescue from a 1031 exchange that isn't working out Websites: 1.800.Hartman www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)

George Gammon interviews Jason Hartman about The Jason Harman Risk Evaluator. In Part I of this three part series, Jason describes his 'aha moment' after 19 years of experience in Real Estate. The story begins with a call from Jennifer, an insurance agent in Irvine, California that leads to the necessity and application for understanding the LTI (Land to Improvement ratio). George Gammon shares an exhausting experience with lot subdivision and development. Eric, the appraiser comes out with good news prompting the question, "how would you allocate the new value between the two primary components, land and improvement?" Jason also shares a modern day story taking place in Seattle, proving once again the risk of investing in a cyclical market. Key Takeaways: [2:20] "No such thing as a passive investment" [4:03] The Hartman Risk Evaluator, LTV and LTI ratios discussed [7:28] The call from Jennifer, the insurance agent [9:45] What factors increase improvement value [19:38] The ingredients of a house, labor costs [30:06] The ingredients of a house, regulations [33:20] The ingredients of a house, cost of energy [35:05] "How do I know the land value vs the improvement value? [47:45] The risk when investing is in high land values [48:26] Three types of markets: linear, cyclical and hybrid. What market is a preferred market for investing? [53:00] Low land value equals low risk, high land value equals high risk [58:10] Human biases: recency bias, sunk-cost bias, and certainty bias can all distract an investor Websites: www.JasonHartman.com/Properties www.JasonHartmanPropertyHotsheet.libsyn.com/ www.WeGoLook.com www.NoLo.com www.RocketLawyer.com www.Buildium.com

Do the Due! Do your due diligence. Jason Hartman speaks with investment counselor Adam Schroeder about key aspects of income property investing including; checking home prices and contacting the Tax Assessor. The two give insight on working with lenders and the importance of home inspection and re-inspection. 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 Websites: www.JasonHartman.com/Properties

Jason Hartman and Rabbi Evan Moffic take a look at America's one affordable trophy city: Chicago (which just so happens to be where Evan lives). The two explore the things going on in the area that are helping drive business and helping investors in the area make some good money. Then Jason and Evan explore the Memphis market and what the two like about the future of the city. Key Takeaways: [8:14] YouTube offers the ability to learn anything [12:01] Chicago is the only cheap, iconic city in America [15:50] Democrat leaders in Chicago have still been pro-business [18:48] 2 big things that are happening in Chicago right now that are good for investors [21:55] Evan's thoughts on the Memphis market Website: www.JasonHartman.com/Properties

Jason Hartman talks with Jonathan Slain, a high growth leadership coach, founder of www.Recession.com, and author of Rock the Recession, about how to prepare your business to ensure that you not only survive, but thrive through recessions. Having a war chest BEFORE it starts is absolutely crucial to your continued success, so make sure you have a plan and rock your way through any recession. Key Takeaways: [2:08] How do you grow during a recession? [5:59] You can increase your business significantly by spending into a recession [11:39] Make sure you have a recession plan BEFORE the next recession [14:22] Why Jonathan thinks a pullback will happen in 2020 [17:55] Examine your business to find what you can do that will make your competition irrelevant [21:40] The big opportunities lie on the fringes of creativity Website: www.Recession.com Rock the Recession: How Successful Leaders Prepare for, Thrive During, and Create Wealth After Downturns

Jason Hartman and Lisa take a look at the phenomenon that's sweeping homebuilders across the country: build to rent. It's something that's not been done before and that Jason takes as a very positive sign for renter growth moving forward. Jason and Lisa then discuss whether the differences between new builds and renovated properties before moving into some market profiles in Florida and Oklahoma City, where we are happy to be venturing back into. Key Takeaways: [2:10] What the build-to-rent phenomenon means the builders are thinking [5:43] Even Toll Brothers is getting into the Build-to-Rent phenomenon [11:42] Jason's thoughts on appreciation of new home builds vs renovated properties [17:04] A clip on the growth going on in Florida. The new Texas? Website: www.JasonHartman.com/Properties

Super-Monday, the youngest Creating Wealth listener and a letter about money from the late great Kobe Bryant. Today, investment counselor, Naresh returns with questions for Jason about a few investment properties in "The Vegas of the South," and Citrus Springs Florida. Jason embellishes on the recurring real estate investment theme of "Refi 'till you Die." And finally, the importance of understanding ROA (Return On Amortization). 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 The Mamba Mentality

Jason Hartman's investment counselor, Adam Schroeder, talks with one the network's lenders to discuss what mortgage rates are in today's market. The two discuss current events and the impact that those events might have on available rates with the hypothetical purchase price of $100,000. Website: www.JasonHartman.com/Properties

Jason Hartman talks with Sharon Lechter, former CEO of Rich Dad & Pay Yourself First and author of Success & Something Greater: Your Magic Key, about her experiences with both the Rich Dad company and the Napoleon Hill Foundation. Sharon provides unique insights into the impact both organizations have had on society today, as well as what she has discovered success means for various people. Key Takeaways: [3:33] Napoleon Hill one of the original self-help authors? [7:48] The different types of success Sharon saw while writing her latest book [10:09] Why the man who sold the patent for the jet ski for $75,000 doesn't regret it Website: www.SharonLechter.com Success and Something Greater: Your Magic Key

Jason Hartman talks with Pat Hiban, author of Tribe of Millionaires: What is One Choice Could Change Everything? and co-founder of GoBundance, about the multiple effects that are in our lives and how we can situate ourselves in a way that we can live our best life. Key Takeaways: [3:34] Be careful in good times like these that you're not dealing with people who are just skimming the cream off the top and won't be here for you when things turn [15:36] The "one sheet" idea Pat uses in his masterminds [19:02] The Connection Effect Website: www.TribeOfMillionaires.com www.JasonHartman.com/Properties

Jason Hartman and investment counselor Carrie discuss two properties that are available through the network right now that are definitely worth a look. Listen in to hear about how properties in Maryland and Mississippi might make good additions to your portfolio! Website: www.JasonHartman.com/Properties

Today's episode is Jason Hartman exploring Commandment #3: Thou Shalt Maintain Control a lot deeper. Maintaining control in real estate deals has been discussed quite a bit before, but it's not just real estate where control matters. Jason explores the collapse of Enron and why it was such a surprise and why Commandment #3 is crucial even in those scenarios. Key Takeaways: [4:03] Airbnb hasn't been through a recession yet, so there's a lot that isn't priced in to the market [8:06] The 3 major problems when you give up control in an investment [13:54] The Infographics Show: The Business Deception That Cost $60 Billion [16:59] The phrase "financial innovation" is a red flag when you hear it [23:05] Most companies don't have people inside to pump the brakes, because everyone is incentivized to speak highly and show it in the best possible light [25:26] Derivatives are the thing about the thing, but as an investor you want to be as close to the "thing" as possible Website: www.JasonHartman.com/Ask Jason Hartman Quick Start Podcast The Infographics Show: The Business Deception That Cost $60 Billion

Jason Hartman talks with client Sean Carroll about the journey he's had with real estate. From starting out as an agent in New York before the Great Recession to losing every penny he had, Sean now has a portfolio of properties that is allowing him to be in the career he wants to be in. Jason and Sean explore Sean's best and worst decisions in order to help you stay on a safe, profitable path. Key Takeaways: [2:42] How Sean lost BIG during the Great Recession [7:31] The deal that truly put Sean under [12:27] The system is set up to create asset inflation [15:02] The owner of a home Sean sold in 2006 is still $70,000 underwater [20:04] Stop calling things problems and start calling them challenges [24:13] Apps, tools, tips Sean has for investors Website: www.JasonHartmanLive.com www.JasonHartman.com/Properties

Jason Hartman talks with Rich Dad Advisor Garrett Sutton about the issues of rent control, capital flow, and why the Florida court decision on the Olmstead case has had an impact on single member LLCs across the nation. They also discuss the importance of protecting yourself even when you hire a professional to do a job for you. Key Takeaways: [2:21] The state of California is out to commit economic suicide [6:03] There are some exemptions from the state wide rent control for California [10:31] States have the right to make the laws they want, but people have the right to put their assets where they want, and developers are going to put their assets elsewhere [16:17] State wide rent controls will make the capital flow from the states where they're implemented, impacting other markets [19:31] The importance of Florida's Olmstead decision on single member LLCs and charging orders [26:55] When you hire a professional, you're still responsible for any mistakes they make Website: www.CorporateDirect.com www.JasonHartman.com

Jason Hartman's investment counselor Adam takes today's show to talk with one of the network's lenders to discuss what mortgage rates are in today's market. Basing the rates on a $100,000 purchase price the two explore what rates are available and what things are happening that are impacting rates now and in the future. Website: www.JasonHartman.com/Properties

Jason Hartman and one of the network's Florida market specialists discuss the Jacksonville market and what kind of housing is currently available. The two break down a pro forma for one of the available new construction properties and examine why Florida has become such a hot spot for people fleeing both the East and West coast states. Key Takeaways: [3:46] Florida is now drawing people from the East and West coast [5:46] Jacksonville market profile [9:45] Examining a pro forma of one of the new construction properties available in Florida [12:18] There are a couple properties available that you could take advantage of in a 1031 exchange [15:11] People are moving to Jacksonville to be near St Augustine, which is the 2nd busiest place for tourists in Florida behind Disneyworld Website: www.JasonHartman.com/Properties

Jason Hartman talks with Spencer Burleigh, co-founder of www.RentTheBackyard.com. Spencer's company will build a unit on your land, list it online, and split the rental profits with you 50/50 as long as you have an area at least 25' by 20' clear and you live in your home most of the year. Listen in as Jason and Spencer discuss the business model and how you can take advantage of it. Key Takeaways: [1:37] What problem is Rent the Backyard addressing? [6:31] Rent the Backyard is able to create a second dwelling on the property without getting the land rezoned [11:07] The stigma behind manufactured housing needs to go away, but it also needs to get cheaper [14:39] The income side of Rent the Backyard's business model Website: www.RentTheBackyard.com

Today's off-topic 10th episode has Jason Hartman talking with Sally Kohn, CNN political commentator, host of The State of the Resistance podcast and author of The Opposite of Hate: A Field Guide to Repairing Our Humanity, about why there's so much hate in our country at the moment and how we need to continue acknowledging problems and working to get better. Key Takeaways: [4:16] Technology makes us feel more anonymous, which isn't always the best thing [6:54] Does the US deserve credit for being better than the rest of the world? [11:45] What definition of "hate" Sally's working from [15:56] Most people don't think they're hateful, they believe "those people" are hateful so the things they do are justified [19:40] We have been taught throughout history that men should be in positions of power, which is a powerful thing to have to break through Website: www.SallyKohn.com

Jason Hartman talks with Chris Porter, Senior Vice President & Chief Demographer at John Burns Real Estate Consulting, about what trends their company has been seeing. There have been some profound shifts in the way that Americans want their communities, what they're looking for in a house, and whether they even WANT to own a house. Key Takeaways: [2:30] The labor shortage in construction right now is a great opportunity for new technology to come into the market [7:50] Some developer trends going on right now [11:49] The current housing trends of Millennials and Baby Boomers [15:16] Are the insititutional investors here to stay? [19:50] Chris' prediction on home ownership rates has been somewhat right. Why he thinks it wasn't completely acurate [24:43] Why the way generations are widely defined make no sense Website: www.RealEstateConsulting.com www.BigShiftsAhead.com

Jason Hartman talks with Matt Curtis, founder and CEO of Smart City Policy Group, about the state of short-term rentals in today's society. Matt explains why he thinks that no matter what people in power do, they won't be able to stop the movement that is short-term rentals. Matt also discusses what he expects for the market when the economy inevitably sinks into a downturn and people stop taking so many vacations, and why a societal shift is key to that. Key Takeaways: [4:06] Technology is leading us closer to a Jetsons like world [6:43] Short-term rentals seem like they're going to win out over areas that are currently resisting [9:57] It's not hard to see why some areas of the country are resistant to the idea of short-term rentals [13:42] Are short-term rentals squeezing renters out of the higher end homes? [18:04] Commercial mix-use multifamily seems to be an area that there's no qualms using for short-term rentals [20:14] What happens to short-term rentals when the next recession hits? Website: www.SmartCityPolicyGroup.com www.SmartCityPolicySummit.com

Jason Hartman talks with Jeb Carty, co-founder of Zumbly, joins the show today to discuss their new product and how investors can use them to maximize their returns. Key Takeaways: [1:38] How Zumbly differentiates itself from generic MLS websites [5:51] All the assumptions in Zumbly's calcuations are adjustable [9:01] Zumbly is hoping to provide the newest of investors the best information possible to make smart deals [9:58] Millennials are looking for a new way to buy [14:26] Zumbly's rolling out in 10 more markets Website: www.Zumbly.com www.JasonHartman.com/Properties

Jason Hartman talks with Marc Biron, founder and CEO of Home Diversification Corp, about his product that is intended to help homeowners diversify their market risk in their own home purchase. The product is intended to help protect homeowners from downturns in the housing market in their local zip code by indexing it to the national housing market. Listen in as Marc explains why it would make sense for homeowners and how it works. Key Takeaways: [1:48] How Marc's mortgage product can help diversify market risk [6:07] Marc claims his product is 42% more stable than the average housing market [10:22] A sample case of how the product works [13:51] Home Diversification uses the Zillow statistics for national home price indexing Website: www.JasonHartman.com/Properties www.HomeDiversification.com

Jason Hartman joins Investment Counselor Sara and one of the Florida market specialists to discuss the upcoming Profits in Paradise event and the Florida property tour the Friday before the event. Prior to the Great Recession, the network dealt exclusively with new construction. Now it's a rarity, but Florida (and Atlanta) is able to provide that right now. New construction allows for win-win-win situations between investors, developers, and tenants. Website: www.JasonHartmanLive.com

Jason Hartman and his mom take today's episode to review the book The American Jubilee: A National Nightmare is Closer Than You Think, as well as discussing the impact of loan forgiveness and some self-management strategies that can save you money and headaches when it comes to repairs and tenant retention. Key Takeaways: [1:47] Jason's mom's takeaway from the book The American Jubilee [4:33] The middle class is getting crushed today more than they ever have in American history [7:47] You can use debt as a strategy [11:38] Impact of the bank holiday [14:07] Student loans are being packaged and sold to financial firms just like liar loans were [18:59] The federal government can nationalize your stock and bond portfolio a lot easier than your property [23:08] Turnover can be expensive, but keeping tenants for too long could mean your rents are too low [27:36] The longer your tenant is there the more they treat it like their own home [31:44] A recommendation to reduce your insurance prices Website: www.JasonHartman.com/Properties

Jason Hartman talks with Bill Ness, CEO and founder of Neighborhoods.com and 55Places.com, about how to evaluate neighborhoods and the incredible opportunity that the 55+ age market is presenting for investors. Key Takeaways: [1:52] As Bill started Neighborhoods.com, how did he define a neighborhood? [5:02] How do people sort neighborhoods [9:26] Last year only 38% of home buyers were over the age of 55 Websites: www.Neighborhoods.com www.55Places.com

Jason Hartman talks with Michael Finch, Principal at SVN and SFRhub Advisors, about the latest trend in real estate development: the build to rent model. The two discuss why this model is so popular, why developers love it and why it's not likely to be going away any time soon. Key Takeaways: [1:26] Why is the build-to-rent model so attractive? [6:15] Build to Rent properties tend to haev drastically lower tenant turnover [10:48] Financing build to rent properties [14:09] Do communities have to be all or nothing in terms of build for rent sales? Website: www.SFRhub.com

Jason Hartman talks with Romana King, award winning real estate writer and director of content for Zolo, about what's going on in the Canadian real estate market (specifically Vancouver), as well as some of the best tips for real estate investors. Romana is another buy and hold real estate investor, and she and Jason explore what the best practices are in that marketplace. Key Takeaways: [4:50] When you purchase a property, the value isn't in the property it's in the land [7:56] Canadian financing options [12:13] Romana's take on Opportunity Zones [15:09] What is Zolo? [17:42] Romana's tips for purchasing investment properties [21:26] Some signs that the area might be a good one to invest in Website: www.Zolo.ca www.RomanaKing.com

In this off topic episode, Jason Hartman talks with Cynthia Kane, author of How to Communicate Like a Buddhist, as well as Talk To Yourself Like a Buddhist, about how we should be communicating with ourself and with others. Too often we say things hurtful to ourselves and our loved ones which we don't even realize until it's too late. Cynthia explains the elements of right speech that will point us in the right direction, as well as the importance of silence. Key Takeaways: [2:30] How does communicating like a Buddhist help you? [6:20] The importance of "Mindful Listening" [8:49] How we can use silence in a positive way [16:24] How do you talk to YOURSELF as a Buddhist? [20:28] You need to pump yourself up with self talk a little bit [22:18] The importance of questioning Website: www.CynthiaKane.com www.JasonHartman.com

Jason Hartman talks with DeAnn O'Donovan, former President & CEO of AHP Servicing and former Executive VP and Chief Administrative Officer of Wintrust Mortgage, about the practice of investing in non-performing notes and loans. DenAnn explains what she looks for when considering investing in loans, what positions she's comfortable taking, and where you can still find deals in today's marketplace. Key Takeaways: [5:18] Does it matter whether you're in first or second lien position? [9:11] Where do you find the deals in today's market? [19:33] Are there multiple categories of servicers available? Website: DeAnn O'Donovan on LinkedIn

Jason Hartman talks with Jeff Astor, VP of Business Development at Broad Financial and author of The Ultimate Self-Directed IRA:: Using Self-Directed IRAs & Solo 401ks To Invest In Real Estate, Bitcoin, Ethereum, Cryptocurrencies, Gold, Private Businesses, Startups, Exotics & Much More, about how to invest in various assets at the "arms length" that the tax code requires. Jeff explores some unique investments clients have made that satisfy the legal requirements, as well as explaining the difference in the 2 types of self-directed IRAs. Key Takeaways: [2:09] What are "exotic" investments and how you keep your investments "at arms length" [5:12] There are 2 types of self-directed IRAs, the custodial model and the checkbook model [9:18] Finding financing for IRAs since you need a non-recourse loan [12:36] Do people set up multiple LLCs inside their IRA to get even more asset protection? [17:11] Make sure you do your research on self-directed IRA companies, because custodial companies rely on trust [20:17] Can you take possession of precious metals if you purchase them through a self-directed IRA? Website: www.JasonHartman.com/Properties www.BroadFinancial.com

Jason Hartman talks with Gary Boomershine, real estate coach, real estate investor and founder of REIvault, about the differences between real estate investors and a real estate entrepreneur, as well as ways that you can protect yourself from inflation. Gary and Jason discuss the great part of buy and hold investing and what Gary sees as the future for the economy and real estate. Key Takeaways: [2:28] What is a real estate investor? [6:28] Gary used to flip houses but now regrets every house he ever sold [11:44] Gary's experience as a hard money lender [17:53] Gary's take on the VRBO market [24:34] First position lending can be a hedge [30:31] Right now Gary's a bit pessimistic about the market and is taking some chips off the table, while some of his cohorts are going full in [32:58] The 3 areas Gary believes need to be very careful in today's market Website: www.JasonHartman.com/Vault

Jason Hartman does another client case study with Lisa, and today is all about metrics. Lisa has seen the Pro Formas available on Jason's website but wants to know which lines are the most important to be looking at when evaluating a property. Then Jason and Lisa move on to self-management and some ways to find a handy man that are outside the norm. Plus, don't forget to celebrate Financial Freedom month throughout July! Key Takeaways: [2:56] The 3-5 things Jason looks at first in the Pro Forma [8:47] The very first thing you need to do when looking at any Pro Forma is checking the assumptions [12:09] Don't forget to watch and re-watch the 27 minute video that goes over the Pro Forma line by line [13:07] How Lisa used Lowe's to find a handy man [17:02] Why Jason's so excited about his new Empowered Investing Network [18:50] What to do for Financial Freedom month (coming this July) Website: www.JasonHartman.com/Properties Quick Start Podcast

Jason Hartman talks with Andrew Rybczynski, Senior Consultant at CoStar Portfolio Strategy, about what is happening on the construction side of both single family and multifamily properties. The tight labor market is causing unit completion to slow significantly, but there are a massive number of units being started. The two look at the impact of more millennials living at home on the shadow demand for apartments and whether renter demographics are still looking good. Key Takeaways: [1:28] We're seeing a lot of construction all around the country, what's the supply/demand outlook? [5:09] How much are construction costs going up? [9:08] We're not building single family homes as much as we used to [11:51] About 32% of adults 18-34 are living with their parents [15:3] Looking at the spread between an apartment cap rate and a triple B bond [18:58] How Andrew views renter demographics over the next 10 years Website: www.JasonHartman.com/Properties www.CoStar.com

Jason Hartman and Adam today break down a video about how Fannie Mae and Freddie Mac influence the housing market in the United States. While their publicly stated goal is to make housing in the country more affordable, are they really doing that? Listen in to find out. Key Takeaways: [1:19] Fannie Mae Going Away? [3:39] The idea that we need a high home ownership rate is a false idea [8:11] How Fannie Mae props up the housing market [12:53] Fannie & Freddie have a stated goal of making housing more affordable, but they don't do that at all [22:24] If you're investing for yield rather than capital gains, the price of the house has much less importance [25:30] The importance of sustainable investing Website: www.JasonHartman.com/Properties How Fannie & Freddie Prop Up America's Favorite Mortgage by Wall Street Journal

Jason Hartman talks with in-house economist Thomas about how interest rates in the past 10 years have compared to one another. The two explain why interest rates can be so difficult to predict and how these past 10 years are compared to the past. Key Takeaways: [3:12] Interest rates aren't completely unpredictable, but they're driven by things where you can't know exactly what's going on [6:29] Interest rates back in 2010 [16:07] #5 on Thomas' list is 2017, when interest rates dipped under 4% [20:43] 2015 makes up the #3 spot on the list with interest rates averaging 3.85% [24:37] The #1 year for interest rates in the past decade [28:51] Remember that real estate deals can be renegotiated Website: www.JasonHartman.com/Properties

Jason Hartman and Adam examine the Investopedia article referring to the 9 common effects of inflation. The 2 types of inflation (cost-push and demand-pull) are also broken down in regards to how they impact your property value and rent. Then the two examine what impact the Trade War with China could have on the markets properties are available in. If production from overseas come back to the United States, where are we likely to see the impact? Key Takeaways: [3:40] The 9 common effects of inflation [8:36] The land value is the one that's susceptible to big swings in value [12:10] Cost-push versus demand-pull inflation [15:19] How the Trade War could create cost-push inflation in the linear markets we're investing in [18:34] If China ever manages to create a middle class they're going to have to deal with a new set of issues, which might make them an inopportune producer [23:21] When labor shortages hit construction it can make it incredibly expensive to build a house and retain the workers needed [28:00] Once the Trade War has ended, look at what job sectors are going to be impacted most and adjust your investing strategy accordingly Website: www.JasonHartman.com/Ask www.JasonHartman.com/Properties 9 Common Effects of Inflation on Investopedia

Jason Hartman talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals. Key Takeaways: [1:39] Is the short-term rental market oversupplied? [5:07] How will short-term rentals hold up in the next economic downturn? [9:26] What has the increased usage of short-term rentals done to the timeshare market? [10:51] The way institutional investors are getting involved in short-term rentals [15:42] Tax compliance [18:57] How much do room/tourism/hotel taxes differ across the country? Website: www.MyLodgeTax.com

Jason Hartman talks with Robert Greene, author of the new book The Laws of Human Nature as well as New York Times bestsellers like The 48 Laws of Power and The 33 Strategies of War, about how to approach people to put yourself in the best position for success as well as how to best change your life and circumstances. Robert goes over a few of his 18 laws to help you on your way. Key Takeaways: [4:06] Misjudging people is extremely expensive, and it's getting even harder to do with everything becoming virtual [6:25] Thinking about what other people need or are going through is one of the most important life skills you can develop [9:40] When you ask someone for anything, they are naturally going to be resistant [12:45] We are emotional creatures, largely governed by our emotions [24:18] You can change your own life and circumstances by working on your attitude [27:54] The biggest impediment in people's lives is the inability to affect or influence the people around them Website: www.PowerSeductionAndWar.com

Jason Hartman talks with Frank Barletta, Co-Founder and CEO of UpTop, about how his software can help self-managing property owners. Frank explains how UpTop helps landlords deal with leases and maintenance requests, as well as how to use the platform. Key Takeaways: [4:14] What does a landlord do with UpTop? [7:12] Where UpTop makes its money [12:18] How UpTop handles leases [13:05] Dealing with maintenance issues through UpTop Website: www.LiveUpTop.com Jason Hartman's Real Estate Investor Update Alexa Skill

Jason Hartman has a client case study with David Nelson, who, along with his wife, has amassed a real estate portfolio that has allowed her to retire early to focus on their holdings. David discusses how his cockiness led him into a bad deal, why continual education is important and where his journey is heading. Key Takeaways: [17:19] David started getting cocky investing in 2016 and didn't pay enough attention to his inspection [20:24] Jason's group doesn't do any one off deals [24:28] How self-management has gone for David so far [29:18] When you combine education with action you can accomplish nearly anything [33:01] Why being 80% in on one asset class isn't necessarily a mistake Website: www.JasonHartman.com/Properties

Jason Hartman talks with Josh and Mike from Elite Group Inspection Professionals about what to expect when getting a home inspection. A good home inspection can save you thousands, and a bad home inspection can cost you thousands. It can be tough to figure out who you can trust when you're getting one done, but Josh and Mike give you some resources to finding a competent inspector and what the major things you should be looking for on your inspection reports. Key Takeaways: [3:28] Make sure you check your home inspector for licenses, certifications and insurance [6:15] Some of the biggest concerns from buyers [10:54] The pros and cons of various roof types [15:48] Expect a lot detail about repairs needed in your inspection, but not about how much they will cost to fix [19:22] What to look for on the interior of the house [22:29] When you need to get a re-inspection done [25:18] Some of the common plumbing problems Website: www.EliteInspections.com

Jason Hartman talks with client Drew Baker about the new developments in Drew's journey in self-management. Drew gives Jason a rundown on how he deals with lease renewals, some of the repairs he's doing to his properties in order to retain his tenants, and what software he's using to keep track of it all. Jason also gives Drew a little bit of advice on how he may be able to accelerate his depreciation in a cost effective manner. Key Takeaways: [3:23] The one type of pollution that China doesn't have, that America has PLENTY of, is noise pollution [8:43] An update on Drew's self-management process [11:45] Cost segregation studies have become reasonably priced for single-family homes and could well be worth the cost [16:37] Drew tries to get his leases to come up for renewal in the warmer months, as well as signing a 2 year lease [20:07] Drew's approach to lease renewals Website: www.JasonHartman.com/Properties

Jason Hartman talks with client Greg Scott about his journey from accidental landlord to an owner of multifamily properties. Greg and Jason examine why people don't know whether they're winning or losing, how Greg was able to continue investing through the Great Recession, and what sort of demographics are making being a landlord look better and better. Key Takeaways: [2:26] Greg's journey to becoming an accidental landlord [6:03] People often don't know whether they're winning or losing [11:09] When you hear about the returns people get from real estate and want to do the same, you have to actually act on it [12:43] Greg's plan for his new multifamily facility [15:29] How worried was Greg when he was investing in property during the Great Recession? [19:35] Does Greg see the same thing about high rental demand as Jason does? Website: www.JasonHartman.com/Properties

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [1:53] What are the core metrics that real estate investors should be looking at? [6:39] You should try and forecast best case, worst case, and in-between case for your properties [8:02] What is discounted cash flow? [10:36] The holy grail metric is still IRR (Internal Rate of Return) [12:26] A different way to view Return on Equity [15:59] Is there a time where it doesn't make sense to acquire properties? [21:44] Education is absolutely vital to being a good investor Website: www.RealData.com

Jason Hartman talks with Julia, who will be speaking at the event in Savannah, GA about tax liens and deeds. She gives a brief intro to what they are and what she'll be discussing at the event. Key Takeaways: [2:21] An intro to tax liens and tax deeds [3:19] How Julia was able to buy a house in Savannah for simply paying back taxes [5:48] Julia will be teaching how to avoid problem properties and how she evaluates deals Websites: www.JasonHartman.com/Properties www.JasonHartman.com/Events

Jason Hartman talks with Cliff Hayden, creator of Show Me the Rental, about how he started his business, what his software does, and property management tips for real estate investors. Key Takeaways: [1:36] What frustrated Cliff enough to create Show Me the Rental [3:30] How Show Me the Rental works [7:30] Some sample questions Cliff's software might use [11:45] What platforms Show Me the Rental connects with [13:12] Cliff's property management tips Website: www.ShowMeTheRental.com

Jason Hartman talks with Ryan Minekime, co-founder of REIanalyst, about how his tool allows investors to whittle down their list of potential properties quickly. Key Takeaways: [1:30] REIanalyst was born out of a need Ryan had to see more properties in less time [4:38] How Ryan's data is figured out when making assumptions on properties [7:21] Where REIanalyst gets their data [11:16] Information for investors is severely lacking Website: www.REIanalyst.com

In this off-topic 10th episode, Jason Hartman talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them. Key Takeaways: [4:30] How do you rate a country's happiness? [6:57] There's only one thing that predicts happiness levels on a national level [11:16] The hazards of social media on happiness [13:18] Lessons learned from Tal's barber [18:48] How to praise people properly to encourage growth [21:37] If you don't teach people to face reality then you're setting them up for failure [25:01] The first step toward happiness is, surprisingly, allowing in unhappiness Website: www.TalBenShahar.com