Fri, 26 July 2019
Jason Hartman does another client case study with Lisa, and today is all about metrics. Lisa has seen the Pro Formas available on Jason's website but wants to know which lines are the most important to be looking at when evaluating a property. Then Jason and Lisa move on to self-management and some ways to find a handy man that are outside the norm. Plus, don't forget to celebrate Financial Freedom month throughout July!
[2:56] The 3-5 things Jason looks at first in the Pro Forma
[8:47] The very first thing you need to do when looking at any Pro Forma is checking the assumptions
[12:09] Don't forget to watch and re-watch the 27 minute video that goes over the Pro Forma line by line
[13:07] How Lisa used Lowe's to find a handy man
[17:02] Why Jason's so excited about his new Empowered Investing Network
[18:50] What to do for Financial Freedom month (coming this July)
Fri, 19 July 2019
Jason Hartman talks with Andrew Rybczynski, Senior Consultant at CoStar Portfolio Strategy, about what is happening on the construction side of both single family and multifamily properties. The tight labor market is causing unit completion to slow significantly, but there are a massive number of units being started. The two look at the impact of more millennials living at home on the shadow demand for apartments and whether renter demographics are still looking good.
[1:28] We're seeing a lot of construction all around the country, what's the supply/demand outlook?
[5:09] How much are construction costs going up?
[9:08] We're not building single family homes as much as we used to
[11:51] About 32% of adults 18-34 are living with their parents
[15:3] Looking at the spread between an apartment cap rate and a triple B bond
[18:58] How Andrew views renter demographics over the next 10 years
Sun, 14 July 2019
Jason Hartman and Adam today break down a video about how Fannie Mae and Freddie Mac influence the housing market in the United States. While their publicly stated goal is to make housing in the country more affordable, are they really doing that? Listen in to find out.
[1:19] Fannie Mae Going Away?
[3:39] The idea that we need a high home ownership rate is a false idea
[8:11] How Fannie Mae props up the housing market
[12:53] Fannie & Freddie have a stated goal of making housing more affordable, but they don't do that at all
[22:24] If you're investing for yield rather than capital gains, the price of the house has much less importance
[25:30] The importance of sustainable investing
Fri, 5 July 2019
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.
[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