Accredited Income Property Investment Specialist (aipis)

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] On

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

Jason Hartman talks with client Ira Boyd about his journey in real estate investing. Ira started off purchasing properties on his own, with some success but not as much as he'd hoped. After he found Jason's network, however, he's gotten in much better properties and is up to 12 investment properties and his personal residence. Ira discusses how live events aided his journey, where he sees his future in real estate investing, and what areas he thinks he needs to work on. Key Takeaways: [2:16] It's almost better not to see the property, because then you're buying based on intellect and not emotion [5:34] Meet the Masters gave Ira the traction he needed to start investing through Jason's network [8:44] Ira can't stress enough how much you need to go to an event and how helpful it will be [13:12] Ira's plan for his portfolio [17:08] Ira's policy on rent increases needs work Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties Book Your Time to Do a Client Case Study!

Jason Hartman welcomes Lisa Tomita, a client with 4 properties who has recently decided to self-manage two of her properties. Jason and Lisa discuss the ups and downs of investing and how self-managing has turned Lisa into a more empowered investor ready to deal with all the bumps along the way as she moves closer to her financial independence. Key Takeaways: [4:04] Lisa's tenant saved her $200 because of the relationship they've developed [8:53] Lisa recently quit her job so she could focus full time on real estate [12:58] Self-managing has made Lisa feel more empowered and learned [17:23] One of Lisa's deals that hasn't gone well broke 4 of Jason's 10 commandments [23:58] Income property is so durable it's like the self-healing asset Website: www.JasonHartman.com/Masters

Jason Hartman talks with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about how a heavy handed Fed has changed how inflation and housing have correlate to each other, why the Fed reacts to quickly, what the Fed is setting interest rates up to do, and much more. Key Takeaways: [3:46] The Federal Reserve is getting more heavy handed as years go by, and hints of a coming recession could lead to more intervention [8:40] Housing tracked inflation better than gold until the Federal Reserve got real heavy handed after 2001 [13:29] The Fed reacts too quickly to things [15:08] Dan's prediction of where interest rates are about to head [20:52] Certain Fed actions and yield curve inversions seem to have a correlation [24:26] The 2 ways to look at inflation [27:48] The self-liquidating debt Website: www.JasonHartman.com/Masters www.DanielAmerman.com

Jason Hartman talks with Tom Wheelwright, 2019 Meet the Masters speaker and Rich Dad Advisor, about how to help yourself in your legal tax avoidance using practices such as real estate professional, whether Opportunity Zones might be worth investing in, and why taxes tend to be higher when you retire. Key Takeaways: [4:18] The question you need to ask yourself if you can't qualify to be a real estate professional [8:22] One of the most underutilized assets people have is other people's tax brackets [10:10] Tom's views on Opportunity Zones [14:19] The pass through tax deduction and how it applies to real estate investors [18:22] Being a real estate professional can sometimes mean you can take early withdrawls from an IRA and actually completely negate the penalties [21:29] You tend to lose a lot of deductions when you retire, so your planning leading in to retirement is crucial [23:03] The 2 challenges with Roth IRAs when it comes to investing Website: www.JasonHartman.com/Masters www.Wealthability.com

Jason Hartman has been in the Baton Rouge market before, but haven't been there for a while. Now, however, an old LMS is back with new, built-to-rent, construction that provides some solid return on investment. Jason talks to him about why he's back in Baton Rouge, what the new construction looks like, and the pervasiveness of institutional investors that drove him out of the Atlanta market. Key Takeaways:   [2:49] What kind of properties are being built in this round of inventory [7:51] Every apartment complex is a build-to-rent deal, but single family build-to-rent is becoming a bigger and bigger market [10:31] Institutional investors come in with massive amounts of capital that has to be deployed quickly, and it has led them to accept lower returns [14:25] Are any of the new properties assisted housing? Website: www.JasonHartman.com/Properties www.JasonHartman.com/Masters

Jason Hartman talks with NeighborhoodScout's Founder & CEO, Andrew Schiller, about his company's predictions for the hottest appreciating markets in the US for 2019. Andrew lists the top 10 markets expected to appreciate as well as how to identify an area that's poised to make a turnaround. Key Takeaways: [4:41] National numbers are all well and good, but they don't really matter near as much as local numbers [6:11] Some of the hottest forecasted appreciation markets in 2019 [9:53] How big are Census Tracts and Micro Neighborhoods? [14:14] What factors makes a neighborhood turn around? [18:18] Property crimes are much less an impediment to property values as violent crime [23:52] How do you use Neighborhood Scout to figure out if a neighborhood is turning around? Website: www.JasonHartman.com/Masters www.NeighborhoodScout.com