Accredited Income Property Investment Specialist (AIPIS) (general)

 


The First Amendment is frequently cited by anyone who is told to quiet down what they are saying. But what does it actually protect, and from whom? Floyd Abrams represented The New York Times in the 1971 Pentagon Papers case, and is author of the new book The Soul of the First Amendment. He explains to Jason how the First Amendment actually protects us, what it DOESN'T protect us from, and why some areas aren't as protected as others.

From comments made online to business practices, it's important to know how much damage your speech can have, both to the subject of your speech and to yourself in any potential lawsuit.

Key Takeaways:

[2:23] Floyd's background and some of the landmark cases he's been a part of like the Pentagon Papers

[6:25] The First Amendment and college campus free speech issues

[8:10] Areas of our society we don't realize are government controlled and subject to different free speech rules

[10:45] The broadcast medium is nearing the free speech protections as print media

[15:17] The First Amendment and "fake news"

[20:03] The First Amendment and the internet users getting sued for comments/reviews/etc

Website:

The Soul of the First Amendment

 

Direct download: AIPIS_190_Floyd_Abrams.mp3
Category:general -- posted at: 11:07pm EDT

The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.

Key Takeaways:

[3:06] Where Matt thinks we are in the business cycle, and whether we've overbuilt apartments

[7:19] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days

[11:43] The rise of the autonomous vehicles and how they will change the real estate demand equation

[15:59] What does Urban Land Institute do and what issues are being discussed?

[19:52] What Matt has learned in his real estate podcast

[23:21] Two conflicting trends in property management

Website:

www.TerraSearchPartners.com

Direct download: AIPIS_189_Matt_Slepin.mp3
Category:general -- posted at: 10:41pm EDT

Bob Miller might have started his career as a police officer, but he didn't stop there. He worked his way up to become the longest serving governor in Nevada history, with a mindset of encouraging economic development through environmentally friendly tourism, specifically Las Vegas.

But Vegas wasn't always in Bob's future. Bob's dad was a gaming pioneer, and he steered Bob away from the Vegas experience and pointed him in the direction of legal advocacy. After he graduated from law school and worked his way up to the governorship, Bob used his legal background to help Nevada transition Vegas into the powerhouse of entertainment that it is today.

Jason Hartman and Bob talk about Bob's new book Son of a Gambling Man, and what Vegas was, what it is, and how the law impacted Bob's entire life.

Key Takeaways:

[6:05] Where Bob sees Las Vegas, and the state of Nevada, headed

[11:02] When Vegas changed from a place with cheap food/transportation/hotel rooms to get you to come in and gamble, to a place where it's expensive and has booming business outside of gambling

[16:03] Bob's experience as a lawyer

Website:

www.RJMillerConsulting.com

Direct download: AIPIS_188_Robert_Miller.mp3
Category:general -- posted at: 10:34pm EDT

New Fannie Mae rules were recently announced, and it's going to impact your financing. Joe, Jason Hartman's lender, is here to talk about how these new rules are going to impact your investment home purchasing. There are caveats to the 20% down on your first 10 properties, but once you own the property, you have options.

Key Takeaways:

[2:10] Fannie Mae allows borrowers to put 20% down or the first 10 properties.

[4:23] Interest rates are rising so lock the rate on your property rate now.

[9:17] 85-90 days in the maximum time to lock in a rate.

[10:48] Joe explains loan level price adjustments to rate.

[13:02] The Trump administration may replace the head of the Consumer Financial Protection Bureau.

[17:55] The ease or difficulty of qualifying for a loan.

Direct download: AIPIS_187_Better_Financing.mp3
Category:general -- posted at: 9:00am EDT

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.

Key Takeaways:

[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.

Direct download: AIPIS_186_Asset_Matrix.mp3
Category:general -- posted at: 12:00pm EDT

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.

Key Takeaways:

[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

Website:

www.ElysiaStobbeBooks.com

www.ElysiaStobbeHomeLoans.com

Direct download: AIPIS_185_Elysia_Stobbe.mp3
Category:general -- posted at: 12:00pm EDT

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.

Key Takeaways:

[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.

Website:

www.RentecDirect.com

https://cozy.co

“The most important part of renting a home is picking the right tenant.”

Direct download: AIPIS_184_Nathan_Miller.mp3
Category:general -- posted at: 12:00pm EDT

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.

Key Takeaways:

[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

Websites:

www.JohnHancock.com

@FrancesDonald

 

There are fewer multipliers to growth from a rental market than there are from a housing market.

Direct download: AIPIS_183_Frances_Donald.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman talks with Founder, CEO, and Chairman of ThirdHome, Wade Shealy. The two discuss how people with vacation homes can loan out their vacation spot while getting access to thousands of properties in desirable areas for as little as $395 for a week. So if you're tired of going to the same spot for your vacation year after year, maybe it's time to borrow someone else's for a change.

Key Takeaways:

[2:41] How ThirdHome differs from timeshare business models

[6:06] What you have to do to be eligible for membership into ThirdHome

[10:36] How ThirdHome relationships with other organizations works

[13:56] The cleaning process after guests leave your vacation home

[15:26] Relationships that have been cultivated through ThirdHomes, and some of the membership perks

Websites:

ThirdHome

JetSmarter

Direct download: AIPIS_182_Wade_Shealy.mp3
Category:general -- posted at: 8:53am EDT

Jason Hartman talks with Robert W Wood, Managing Partner of Wood LLP. Robert is a tax attorney who deals in matters both corporate and individual. He has been ranked by the US Lawyer Rankings as a Top 6 tax lawyer in the country.

Jason and Robert discuss things people do with their taxes that might open them up to prosecution, and how to avoid turning your contractors into full time employees in the eyes of the law.

Key Takeaways:

[1:19] Should offshore accounts be avoided?

[3:41] You could be unknowingly breaking the tax law

[4:42] The main way IRS criminal cases come about

[7:40] What to do if the IRS criminal division comes for you

[10:05] How lawsuit settlements are seen in the eyes of the tax law

[11:56] What you need to know, tax wise, about hiring freelancers

[17:40] The dangers of having freelancers and employees doing the same jobs

Website:

www.WoodLLP.com

Direct download: AIPIS_181_Robert_Wood.mp3
Category:general -- posted at: 10:47pm EDT