Fri, 29 December 2017
Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.
[3:36] The 30,000 foot overview of the GOP Tax Reform
[5:31] Will this tax reform create a repatriation of wealth back to the US?
[9:22] The move that mobilized the GOP forces toward tax reform
[11:19] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals
[13:29] The standard deducation has been increased, which should increase the number of simple 1040s being filed
[16:30] The single largest revenue raiser in the entire bill
[18:42] The change in mortgage interest deductions could cause a dampening in the high end real estate market
[21:12] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul
[23:03] Pass-through businesses are getting a 20% deduction
[30:02] The accelerated bonus depreciation is enormous for real estate investors
[33:34] Changes to the 1031 Exchange rule
[37:37] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques
[39:26] 529 plans (education plans for children) can now be used to pay for private schools
[40:00] Some tax changes that were EXPECTED but didn't end up happening
Fri, 22 December 2017
AIPIS 214 - Rich Dad Advisor Ken McElroy - Doing Property Management Right, Home Ownership Myth, Critical Investment Factors
Jason Hartman interviews Rich Dad Advisor Ken McElroy, who will be speaking at this year's Meet the Masters of Income Property in La Jolla. Ken tells Jason some of the most common mistakes he sees real estate investors make, why you can't just buy real estate any time you like, and some tips on how to do property management the right way.
They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.
[4:44] The two common mistakes Ken sees in real estate investors
[6:47] Real estate is cyclical, so you can't just buy all the time throughout your career
[9:09] Ken's real estate business model
[10:48] Some tips on how to do property management right
[13:29] C class properties look good on paper, but in the long run, better quality properties bring better quality tenants
[20:16] It's important to treat all your residents as your customers
[21:42] Is the idea of home ownership a myth?
[23:55] Population growth and migration are two things critical to investment success
[27:14] The state of the states
Fri, 1 December 2017
We've all heard about crowdfunding sites like GoFundMe, KickStarter, and IndieGoGo. Now, however, there's crowdfunding for real estate deals, and AlphaFlow is one of the leaders in the industry.
Jason Hartman talks with Ray Sturm, co-founder and CEO of AlphaFlow, about how it all works, what kinds of deals AlphaFlow is interested in, and why some deals just don't work.
[2:44] What AlphaFlow is and how it works
[4:43] The regulations AlphaFlow has to follow
[7:28] In real estate crowdfunding you have to commit early
[11:32] Why AlphaFlow sticks with residential real estate
[14:43] The interest rates that borrowers are paying and how the loan breakdown works
[17:18] AlphaFlow stays away from refinancing deals