Fri, 28 June 2019
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?
[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
Fri, 21 June 2019
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.
[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?
Sat, 15 June 2019
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.
[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
Fri, 7 June 2019
279: Marketing, Screening, Leasing & Collecting Rent using Self-Management Tool UpTop by Frank Barletta
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.
[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