Mon, 5 February 2018
Jason Hartman talks to Meet the Masters of Income Property keynote speaker John Burns, CEO of John Burns Real Estate Consulting, about how the autonomous car is going to change the look of cities, what a "surban" is, and why the 1980s is "the sharer" generation. The two also go into a more in-depth look about what kind of markets there are in the United States, and which hybrid markets may be on their way down.
[1:53] Amazon's search for a second headquarter location, and where John thinks it will be
[4:35] How John classifies markets
[7:04] Hybrid markets like Austin and Dallas are seeing way more growth than they normally do in cycles, and why Austin's best days may be behind it
[8:33] The world is shifting more toward suburban apartments, being driven by local money
[11:09] The definition of "surban"
[16:16] The nickname for those born in the 1980s is "the sharers"
[19:17] The impact of autonomous cars
Fri, 26 January 2018
AIPIS 217 - The Future of Inflation (or Deflation) in the US with Moneyball Economist Andrew Zatlin, Part 2
In the final part of Jason's interview with Andrew Zatlin, the two take a look at whether the future of our economy is inflationary or deflationary. The two also look at the impact of technology on inflation, how it impacts the rental markets, and where the volatility in our economy will be in 2018.
Disclosure: this interview was recorded prior to the GOP Tax Reform being written and passed
[1:32] The proof in the inflation pudding is shipping costs
[6:47] The economy is strong in the background
[8:31] Warehousing had a huge impact on the start of the internet
[11:10] When you reach the point where payroll and population growth are the same you don't get wage inflation
[15:35] When housing affordability is low and prices soften, the rental market strengthens
[19:30] Where 2018 volatility will come from
Fri, 5 January 2018
In the first part of Jason Hartman's interview with Moneyball economist Andrew Zatlin, the two of them take a deep look at what's going on in the housing market through the lens that Andrew uses. He looks at hiring patterns of home builders, and has seen a distinct problem in their search for labor. So many industries are hunting for labor that it's creating a bottleneck.
The two also look at short-term rentals, hotel vacancies, the Fed's monetary policy, and what's creating the demand for housing.
[1:35] Andrew likes to check in with companies about what they're doing in regards to hiring
[4:05] Home builders can't hire enough people right now. The bottleneck is labor because there's a LOT of competition for it
[7:02] One question we need to ask is: what's creating all this demand for housing?
[11:06] The environment today makes it more attractive to buy rather than rent
[16:57] Do short-term rental providers need to worry about oversupply?
[19:15] Hotel vacancy rates tipped into the negatives this past year because of short-term rentals exploding in popularity
[21:55] Demand will create supply, but sometimes supply can create demand
[25:47] The Fed is on a trajectory of tightening
Wed, 3 January 2018
Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.
Ken is a Rich Dad Advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.
Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.
Mon, 1 January 2018
2018's Meet the Masters event was already packed with great speakers like Jason Hartman, Garrett Sutton, Brian Smith, Danielle DiMartino-Booth, John Burns, and more. Today, Jason Hartman is proud to announce that former Congressman (and America's foremost advocate for libery) Ron Paul will be joining the fold to headline the event.
Ron Paul was most recently a Republican candidate for President in 2008 and 2012, and served in the US House of Representatives for Texas for more than 25 years in all. He is a critic of policies like the USA Patriot Act and has criticized the federal governments fiscal policies a multitude of times. He's also outspoken against Federal Reserve, and the US tax code.
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
Fri, 24 November 2017
Vinney Chopra came into the United States with $7 in his pockets, and a work ethic to take him far in life. From selling encyclopedias door to door for 80 hours a week to now buying $25+ million apartment complexes, Vinney hasn't let anything stand in his way.
Listen in as Vinney tells Jason Hartman the story of his immigration, and how his investment career has unfolded.
[1:40] Vinney's immigration story
[4:31] Vinney first started earning his money by selling encyclopedias door to door
[8:18] The first home Vinney bought, and when he got into the rental property business
[11:53] Transitioning from single family homes to multifamily
[15:03] There are things you can do with multifamily investments that don't make sense for single family
[19:22] Portability has become the new norm for residents of apartments and single family homes
Fri, 17 November 2017
Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.
[2:33] Compound interest can be a powerful tool against inflation.
[8:15] Engineers take an analytical approach to investing.
[10:25] After 18 years, $100,000 grow to 14 million.
[17:46] Jason explains a Deferred Sales Trust.
[21:42] If you are on the fence about investing talk with an investment counselor.
[32:36] Asset Protection is a complicated subject you should speak with a lawyer about.
[42:01] Resources for tax help.
"Opportunity cost is a cost most people don’t evaluate."
"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."