Accredited Income Property Investment Specialist (AIPIS)

Self-management tools often boast ease of use and shortcuts to save you time, but they don’t always deliver. Cozy and Landlordology are property management tools, which offer end-to-end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature, as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters’ qualifications, then sign up for Cozy today.


Key Takeaways:

[2:47] Lucas teaches managers how to manage their own properties

[4:45] You need to get your message out there - try Postlets rental manager

[6:17] Hire a real estate photographer to capture great photos of your property

[11:06] Going over your general requirements before meeting at the property will save time

[12:25] A 2-year lease provides extra security for the tenant

[13:52] What is a landlord’s open house?

[15:47] Possible new tenants can submit an application as soon as they leave the property viewing

[17:40] Cozy is an end-to-end property management platform

[20:31] Rent collection can be difficult for property managers

[22:56] Property managers can garnish wages to collect back rent

[28:14] Automating your rent collection will make it easier for owner and tenant

[29:01] Resources are available on








Click Notices

Direct download: AIPIS_123_Lucas_Hall.mp3
Category:general -- posted at: 12:14pm EDT

Buying income properties in high-end markets isn’t for everyone. First, you need to be able to raise sufficient capital to purchase the property and then secure top monthly rents from tenants. Sharran Srivatsaa, with Teles Properties, shares how his company has changed the game in the upscale market by building their own in-house software platform which fits the needs of their specific market and by creating a corporate culture of “do what you do best”. Realtors in their sales division are incented to do only the things which drive positive sales results.


Key Takeaways:

[3:38] A quick history of the strategy behind Teles Properties.

[6:08] Agents want to be doing these 3 things.

[8:00] Teles launches new releases of our in-house software platform like Apple does.

[13:17] How is Teles making California income property to work?

[16:32] The real cost of adding an additional unit to each property.

[20:22] Having all of your eggs in one high-end basket.

[26:10] The Big Short movie.

[27:53] The Rochester, MN, Huntsville, AL, Raleigh-Durham, NC and Dallas, TX markets

[31:05] Raising capital for real estate investments.

[33:05] Contact Sharran at Teles.



Teles Properties

Hartman Media

Direct download: AIPIS_122_Sharran_Srivatsaa20.mp3
Category:general -- posted at: 3:46pm EDT

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation that has been properly aged. If you are doing business in an industry deemed “risky”, it may be more difficult, but not impossible, to get business credit. Jason’s guest, Gerri Detweiler, shares little-known yet very important tips and tricks on NAVigating the business credit system; including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).


Key Takeaways:

[3:31] The reason why shelf corporations are attractive

[9:53] Leave your personal credit out of your business

[11:55] Business credit and small business loans

[14:07] Business credit reporting agencies

[17:44] The mystery which is business credit

[19:34] How do you know whether or not you have a business credit rating?

[21:12] Getting started with business credit is very easy, so why wouldn’t you do it?

[22:47] Transitioning to business credit

[23:59] Equity crowdfunding and how it gets interesting for business owners

[28:20] Character in lending

[29:16] Contact Gerri & get the book



Hartman Media

Finance Your Own Business



Dun & Bradstreet

Kiva Zip

Corporate Direct

Direct download: AIPIS_121_Gerri_Detweiler.mp3
Category:general -- posted at: 12:13pm EDT

The 40-hour workweek is a thing of the past. Corporate employees are tallying up many more hours every week, but why? If technology is supposed to be the proponent of leisure time, why do we spend so much time working, traveling to work, and getting ready for work?  Today’s guest, Shaun McCloskey from Lifeonaire, says people have a default and when they find themselves with extra time on their hands they automatically do what they know, which is work. Also, they have never taken the time to consider what they want from life or to explore any hobbies. His Lifeonaire – taken from millionaire but with a life – program is focused on figuring out a person’s vision of what they want their future to be.


Key Takeaways:

[2:11] Focusing on having the life you want instead of money in your account

[5:59] Some people don’t even know what they love because all they do is work

[8:30] The Four Stages of Lifeonaire

[11:27] Would you be living life differently if you only had 6 months left?

[14:40] Figuring out how much time important things take

[16:09] How the 40-hour workweek was born

[18:20] Start out by writing your vision without numbers and dollar signs

[20:05] Look for alternatives that can help you to realize your dreams more quickly

[20:54] Get the Lifeonaire book and read it today

[22:50] Contact information for Shaun

Direct download: AIPIS_120_Shaun_McCloskey.mp3
Category:general -- posted at: 3:26pm EDT

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit was battered in Jason’s property tour review episode. So he called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states.


Key Takeaways:

[2:45] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener

[6:01] All real estate is local

[8:23] The 11th wealthiest city in the U.S. is in Detroit

[10:59] Trends in the Detroit area

[12:56] Optimism for the city proper

[18:05] Investing in an industry that is not your bread and butter

[19:05] Greg’s PowerPoint presentation and the syndication

[25:44] Export Marketing and Product Forecasting for Ford

[26:36] The self-driving car is a project every automotive company is working towards

[29:51] Ann Arbor has a fake city to test self-driving cars

[31:42] The freedom that goes along with self-driving vehicles

[35:31] The parking real estate conundrum

[37:53] Painting a better picture of Detroit

[39:52] A flipper who became a long-term investor



Hartman Media

Direct download: AIPIS_119_Greg_Scott.mp3
Category:general -- posted at: 5:30pm EDT

Where is the best place for you to live? Did you know it may be different than the best place for you to die? There are an alarming amount of different taxes to pay depending on which state you reside in. And while you may save money because your social security income isn’t taxed in your current state, you may pay more than that amount in property taxes or estate taxes – like in New York. Even the most gifted accountants have difficulty charting the tax waters. Especially this year when dealing with a lame duck congress, who allowed tax extenders to lapse at the end of 2014. The IRS expects delays and may possibly extend the tax season to accommodate all the changes. Ashlea and Jason discuss the myriad of taxes, Roth IRAs and more, in this episode.


Key Takeaways:

[2:08] The Cliff provision in the state of New York

[5:43] Look at the entire tax picture before moving

[6:34] Connecticut is the only state with a gift tax

[7:37] 4 Ways people get around a state estate tax

[9:07] Forbes interactive map of where not to die

[10:55] State by state capital gains tax and inheritance tax

[13:33] Charitable remainder trust & the Roth IRA

[15:29] Will the government change the rules in the future regarding a Roth IRA? 

[17:31] Research all of your self-directed options before committing 

[18:22] 2016 Tax changes and delays will make for a difficult tax season

[22:10] Find articles by Ashlea by typing her name into



Hartman Media



Direct download: AIPIS_118_Ashlea_Ebeling.mp3
Category:general -- posted at: 2:02pm EDT

The motivation for investing in real estate income property varies greatly between individuals, institutions and private investors. Economic factors play a large role in the preferred investment vehicle each type of investor chooses. Jason’s guest, writer of The Philosophical Investor and President of CWS Capital, Gary Carmell, shares with us why he prefers variable rate financing for large, upper scale apartment complexes. He also details chapters of his book and explains how he used past real estate values and current economic indicators to reach his conclusions.


Key Takeaways:

[3:40] Describing a Philosophical Investor

[6:38] Taking a step back to respond instead of react

[8:10] During a ‘Munger moment’ you go for the jugular

[9:45] People will rebuild their credit through renting

[13:20] The Philosophical Investor looks at indicators and real estate values of the past

[17:23] If rents are below replacements’ cost you have hedged your risks

[20:17] Long-term views of institutional investors are more risk/reward

[23:25] Positive characteristics of mobility and flexibility

[28:05] Future global economic prediction

[30:56] Taking interest income out of the economy

[33:45] Contact information for Gary Carmell

[35:25] A shareholder economy creates insecure growth

[37:09] Borrowing by way of the variable rate loan is not for everybody



Gary Carmell

CWS Capital Partners

The Philosophical Investor

Hartman Media

Direct download: AIPIS_117_Gary_Carmell.mp3
Category:general -- posted at: 7:24pm EDT

This episode is all about taxes, and how as a real estate investor you may be able to avoid paying them. Think of how much faster you can build your wealth if you use the 30% you would be giving to the IRS to re-invest in additional properties. The government wants us to do this. And, if you are a real estate professional who owns an investment property you should not be paying taxes. If you are paying taxes, you have the wrong CPA working for you.


Key Takeaways:

[2:48] Defining tax drag

[5:31] A stepped-up basis – aka no depreciation recapture for heirs

[7:10] CRT – Charitable Remainder Trust

[9:09] Life insurance policy as an investment or as asset protection

[11:31] The magic of the Real Estate Professional status

[18:50] Getting a retroactive Aggregation Election within the statute of limitations

[21:40] Effectively self-managing a distant property

[27:07] What if I have a real estate license?

[29:54] ‘Married filing jointly’ is required for US taxes

[31:24] Contact Diane for tax advice

[31:40] Pay attention to the business structure you have for your properties

[34:56] Investors need to be careful with LLCs and offshore corporations

[35:44] Depreciation is the Holy Grail to tax write-offs

[36:02] Qualifying for the IRS tax depreciation for owners of investment properties



Hartman Media

Jason Hartman - Properties

US Tax Aid

Direct download: AIPIS_116_Diane_Kennedy.mp3
Category:general -- posted at: 8:15pm EDT