Fri, 26 May 2017
Income property inventory is low after single-family home sales rose in January. Jason explains why an inflationary period is a great time to invest in single family homes during this live recording from one of his recent seminars. He also says the signs are pointing toward such an inflationary environment under a Trump presidency.
[1:14] Inflation induced debt destruction by way of a mortgage.
[3:21] Inflation numbers are always adjusted by the government
[10:49] The ultimate investing equation.
[18:08] If it doesn't generate income, it's not an investment
[19:59] Inflation crushes cash and bonds
[22:01] The IRS does not account for inflation.
[25:15] Loan defaults happen during deflationary periods as well
[27:38] If you have a corporate job you are paying more taxes than the self-employed.
Fri, 19 May 2017
AIPIS 185 - How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye with Elysia Stobbe
Elysia Stobbe's real estate career has seen her help close more than $250 million in residential mortgage loans. Jason Hartman talks with Elysia about her best selling book How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye. The two discuss money mistakes that investors frequently make, what to expect from the mortgage industry in the next few years, some crucial borrowing strategies, and more.
[1:42] The 3 monumental money mistakes to avoid
[5:12] The state of the mortgage industry
[8:40] Key borrowing techniques for investors
[11:50] There are still great returns out there, so stop waiting
Fri, 12 May 2017
Jason Hartman talks with the founder of Rentec Direct, Nathan Miller, as the two seek to help investors self manage their properties with tools such as Rentec Direct. Rentec offers complete solutions including inventory, property management tools, and now exclusive financing with terms you will appreciate. Nathan says Rentec Direct is designed for investors with 2-20 income properties. Tenant screening, automated payments and a property manager access option makes the tool accessible and easy to use.
[1:52] Rentec Direct’s average client is an investor with 2-20 properties.
[3:51] The Rentec tool is designed to make a landlord’s life easier.
[9:01] Tenant screening is via Trans-Union.
[13:58] Rentec PM has the option to open an owner/investors portal and is 20% more.
[18:27] What differentiates Rentec Direct from their competition?
[24:02] Live chat support is available within the program.
“The most important part of renting a home is picking the right tenant.”
Fri, 5 May 2017
Jason Hartman talks with Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services. The two discuss consumer, investor, and executive sentiment numbers in the home and job market. Frances can't say for certain whether or not Trump is the reason behind the economic resurgence, but she does believe Trump's potential policy changes are the reason behind the stock market rally.
Frances and Jason also discuss how the real estate market still has pent up demand despite growing student loan debt and young people being unable to buy homes.
[1:12] Investor sentiment gives a positive outlook for the US economy
[3:54] Is Trump the cause of the economic forecast?
[5:11] Rising interest rates present a challenge for the housing market
[8:12] Trump is inspiring confidence in companies all across the country
[9:53] Real estate investment is a small part of the total economy
[14:30] There are two true drivers of rental housing
[17:02] The housing and rental markets are not currently in their natural order
[20:41] The importance of demographics in relation to wage growth
There are fewer multipliers to growth from a rental market than there are from a housing market.