Alan Cowgill teaches others how to get private investors as well as become a hard money lender. Alan became a full-time real estate investor in 1995 and has overseen hundreds of real estate transactions. He talks to Jason primarily about hard money lending as well as some tricky states to look out for when trying to get your first private lender. He also talks about SEC filing regulations, a California loophole, and more on today's episode. 

Key Takeaways:

2:00 – Alan teaches people how to become private lenders. 

4:18 – In private lending, the terms are very flexible and you can usually find someone to meet your terms. 

12:20 – If you want to get private lending from strangers, then there's 5 areas of control in every state. Alan explains what those are.  

16:45 – There are rules to follow that are set by the SEC when it comes to private lending. 

23:00 – Make sure you acquire an SEC attorney and not a real estate attorney. 

26:00 – Alan talks about California's loophole when it comes to lending money. 

29:10 – Alan's website, PrivateLendingMadeEasy.com, offers free resources for people who are interested in learning more. 

Mentioned In This Episode:

PrivateLendingMadeEasy.com

Larry Makowski is the founder of Express Auctioneers and has been an auctioneer himself for over 40 years. Larry shares some insider information about the real estate auctioning industry and talk to Jason Hartman about why people choose auctions, what he does to qualify auction bidders, and much more on the AIPIS show. 

Key Takeaways:

1:40 – Some states have exemptions for selling real estate at auctions and you don't need a license for them. 

8:30 – There isn't a set reserve price at the auction, so the seller can decline or accept an offer after the bidding process is done. 

15:10 – Most buyers come the day of the sale and buy without inspecting the property. 

17:30 – Larry is part of quite a few MLSs, but he says it's necessary to get the needed exposure. 

20:10 – According to an older statistic produce by the National Association of Realtors, 1/3rd of properties will be sold through auctions by 2020. 

Mentioned In This Episode:

sellyourflips.com

Jason Hartman talks with Chris Cabanillas, a foreclosure defense attorney. Chris opened his own law firm, Cabanillas Law, in 2006 and his office represents homeowners in the states of New York, New Jersey, and Connecticut. He gives Jason and his listeners some great advise about what to do when you're facing foreclosure and more on today's AIPIS show. 

Key Takeaways 

3:50 – Chris explains why foreclosure cases take so long to process. 

7:50 – Only 5% of homeowners getting sued for foreclosure actually fight the case. 

12:40 – These old-fashioned foreclosures laws are inhibiting the economy. 

14:50 – If you're facing foreclosure, check if you can modify the loan terms. 

20:00 – What is the payment structure for a foreclosure defense attorney? It all depends on the situation. 

26:10 – Remember, Chris specializes in more high-priced markets and some of this advise may not accurately reflect other regions throughout the US. 

28:30 – There's a lot of foreign investment happening in Manhattan right now. 

Mentioned in this episode

http://cabanillaslaw.com/

In today's APIS show, Jason Hartman does not have a guest for today, but instead he talks to the audience about the San Diego market, how he was right about Bitcoin, and why being a stock market investor is such a stressful job. He also gives you a heads up on some of the upcoming guests for the show that you should look out for.  

Key Takeaways:

1:50 – Jason is looking for a new place to live. 

6:40 – The rental market in San Diego is booming. 

11:20 – Jason's prediction about Bitcoin was right. 

13:20 – Why rent in San Diego? Jason explains. 

19:50 – Jason's company is no longer recommending Houston.  

24:55 – People who buy and hold property are the ones who create real wealth. 

27:45 – The stock market is an emotional roller coaster. 

31:10 – Jason talks about his Creating Wealth show. 

36:00 – Do not forget to visit JasonHartman.com

Mentioned In This Episode:

Coinbase.com

J. Massey is a full-time real estate entrepreneur, developer, investor, sales coach, and problem solver. He has a background in insurance and fiances and talks to Jason today about some of his fun real estate deals. J also shares some creative advice on how you can obtain cell phone towers as well as shares some insightful thoughts on the Memphis real estate market. 

Key Takeaways:

2:30 – J talks about what his company does. 

5:10 – Many big multimillion dollar deals are never done solo. You need partners to help you. 

12:00 – J owns cell phone towers and talks about how he was able to purchase them. 

16:15 – You should come from the standpoint of solving the customer's problem. It's not about you. 

22:00 – If you're a problem solver to your customer, they will refer you to other people. 

27:00 – J looks for threats in the job economy and tries to invest in places with stable work flow. 

30:15 – J loves Memphis and talks about why the Amazon drones won't deter Memphis's job market. 

34:00 – You're going to have an easier time with a class A tenant, but a class C tenant will make you more money in the long run. 

Mentioned In This Episode:

CashFlowDiary.com

CashFlowDiaryPodcast.com

Today’s episode of the AIPIS Show features Toby Salgado of Super Agents Live as the guest. With a wealth of knowledge thanks to countless interviews with industry experts in the real estate marketing fields, he’s more than equipped to  talk to Jason Hartman about getting the right team size for your budget, how to make the most of leads and why knowing yourself is the first and most important step to success.

Key Takeaways

02.14 – Our perception of a ‘team’ is changing. Now it’s more like a whole staff!

03.30 – Has the real estate business really matured that much? What’s your stance?

05.54 – Know the different types of leads and know what works for your company.

10.28 – Your entire marketing strategy is about getting the message across different audiences. 

13.24 – Keeping an updated database is crucial to ensuring interested parties are well-informed.

15.47 – Have you noticed a gender gap in the real estate marketing business?

18.10 – You can’t go into this blindly. Know what your strengths are and work out what’s best for you.

20.33 – Check out Toby Salgado’s show on iTunes or Stitcher Radio, or head to the website: www.SuperAgentsLive.com. Twitter: @SuperAgentsLive

21.35 – Everything nowadays is a contact sport. Go out, make contacts, and send them your content. 

Today’s AIPIS show features Scott Picken of Wealth Migrate as the guest. He and Jason Hartman discuss demographic trends, the importance of transparency and really knowing what’s going on with your own investments and how crowd-funding as a means of investment is changing and developing. 

Key Takeaways

02.32 – Scott Picken gives the back story to how Wealth Migrate came into being.

05.16 – It’s important to look at demographic and societal trends when figuring out different markets.

08.37 – Is direct investing still the only real way to know what’s happening with your investment?

12.18 – Wealth Migrate sets itself apart from other companies through its international links and its professional nature with reliable experts on the ground.

15.57 – The attitude to crowd-funding is changing, and it’s only going to get bigger.

18.24 – You can reach a point where, regardless of your background, you are an equal. 

21.54 – For more information, head to the main website at www.WealthMigrate.com

Mentioned in this episode

The 4-Hour Work Week by Tim Ferriss

Today’s AIPIS show gives a real insight into Jason Hartman’s professional life – how he got started in real estate, what his philosophies are, how to achieve and work towards successful investing. He also goes into just what investing with his company can really bring to you and your investment portfolio. 

Key Takeaways

01.10 – Jason Hartman describes his background and his humble beginnings in real estate. 

06.15 – Everything focuses on the rent-to-value ratio. Get that right and you’re so much closer to success.

07.20 – The age-old investment question: Single-family homes, apartments, condos, retail, office space?

10.15 – If you can, leveraging is such a manageable, usable way of funding your investments. 

13.59 – Inflation-induced debt-destruction is a way of making your money work for you.

18.57 – So much of this is focused on demographics – it’s about the people living in these countries and who are affected as a result of these decisions.

24.24 – When you have a country as enormous as the US, you just can’t put everything under one umbrella category.

28.00 – Living far away from a good property market is no longer a problem. Head to www.JasonHartman.com to find out how to make it all accessible. 

31.37 – Doing nothing is going to get you nothing. Make the first step and you’ll head towards something.

Mentioned in this episode

Who Took My Money? By Robert Kiyosaki

The Demographic Cliff by Harry Dent

David Porter first became a real estate investor in the California area and then branched out to Indianapolis with Jason's company. He has made about a 700k appreciation since he has started. Jason and David have worked together since 2009 and they have quite a bit of catching up to do. David also shares some important insight as to what he looks for when purchasing a home in an area he's never stepped foot on. 

Key Takeaways:

4:10 – David has been working with Jason's team since 2009. 

9:30 – David talks about how he got into real estate investing. 

18:20 – It's incredibly hard to predict stocks because the banks and government policy often interfere 

with the numbers. 

21:30 – Debt it sometimes a good thing, especially when investing in property. 

24:25 – David talks about his shipping background and what his company does. 

28:10 – Will China take over the US economy? Jason thinks not yet. 

33:40 – Remember, The US's ability to print as much money as they want is what saved the economy. How long will it last? Jason and David think it could go on for a while before the system breaks. 

39:15 – It's a fantastic time to be alive. There's so much cool technologies on the way. Jason talks a little bit more about this. 

48:30 – David breaks down the 'free lunch' metric he uses to purchase homes. 

55:35 – David does a recap on the amount of money he has made over the years with Jason's company. 

Mentioned In This Episode:

Abundance by Peter Diamandis

Makers by Chris Anderson

Khan Academy

David Porter's first interview - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/

Today’s episode of the AIPIS show is a bit of a reverse style to normal. Rather than being the interview, Jason Hartman takes a turn to answer Kevin Bupp’s questions. They talk about the ideas and motives that led Jason to get involved in real estate in the first place, and then move on to some of the wider issues affecting real estate for investors. He also gives a few of his personal favorite quotes to live by and considers what he would tell his younger self to do. 

Key Takeaways

06.23 – Find role models you can look to and embrace the influence they have on your life.

11.10 – So much of creating success is about doing something that nobody else has done.

13.30 – Jason Hartman’s investment teachings work with specific markets. What makes a good market?

19.00 – When working on inflation-based strategies, you have to know what will have the most effect.

25.40 – Demography always plays a huge part and when you bring in a group as large as Generation Y, you can’t help but notice the effects. 

31.56 – Rent to value ratio should always be on your mind, whether you’re an investor, owner or renter.

36.25 – In a moment of nostalgic advice, Jason talks about the things he’s learned over the years.

41.05 – If you do nothing, you will gain nothing. No doubt about it.