Creating Wealth Real Estate Investing with Jason Hartman Hartman Media Network

Real estate investing has worked throughout history. It works incredibly well in the markets Jason Hartman recommends. But there's one thing that could derail it (and everything else for that matter), and it's a worldwide phenomenon.
Jason explains what's going on with the population of the world, and why it's a trend worth worrying about.
Key Takeaways:
[2:05] A declining population puts markets at risk
[5:42] For the first time in a long time, the life expectancy for Americans decreased
[8:52] We are thinning out our population deliberately for the first time in human history
[15:13] How our society is destroying families
[19:45] China is now suffering due to population timebomb
[24:57] Watching old movies and TV shows will show you the shift in society
[32:15] Japan's biggest problem isn't what economists tend to focus on
[38:00] What this all means for real estate investors
Website:
www.EmpoweredInvestor.com

Today's Flash Back Friday comes from Episode 295, originally published in January 2013.
Jason Hartman is joined by author and real estate investor, Barb Getty, as she talks about her journey into real estate investing, what it takes to be a good landlord or property manager, how to find and keep great tenants, and explains the eviction process.  
The second of four children, Barb was born and raised in Gary, IN.  She graduated cum laude from Purdue and married soon after. After seven moves in nine years of marriage, her family settled in Indianapolis.
Tragedy struck in 1992 when her 17-year-old son was killed in a car accident.  Her daughters were 16 and 14 at the time.  Sadly, Barb’s 21-year marriage ended eight months after Todd’s death.  She bought a small home needing repairs, and following the fix-up, she and her daughters moved in.
Pleased with that first project, Barb purchased her first duplex (with little money, no credit and no experience), hoping she had the wherewithal to be a landlord.  Today, she owns 27+ units -- a mix of single and multi-family, low and middle income rentals.  CNBC.com  interviewed her recently and the article also appeared in USA Today.   Barb has also added high-end property management, consulting and speaking engagements to her business.
Although she hasn’t had an easy road, Barb is both financially and emotionally invested in her work.  She invites people to watch a video showing scenes she faces as a landlord in the inner city.  It’s very compelling.  Barb authored The Landlord Chronicles:  Investing in Low and Middle Income Rentals, published in 2010. Armed with a positive attitude and a strong sense of humor, Barb Getty is making a difference in her tenants’ lives, the neighborhood and the city as well.

The future of real estate and the future of renters looks pretty good. But that doesn't mean you can just buy and forget your investments, you still have to manage them. Jason Hartman recently did some reading on American's personal finance education and habits, and came away disillusioned.
Listen in as Jason goes over some important things about personal finance, and why you want to be a dairy farmer, not a cattle rancher.
Key Takeaways:
[4:00] Used cars have actually APPRECIATED lately
[7:26] Only about 50% of states require high schoolers to learn about personal finance
[10:39] About 80% of millionaires inherited nothing, and 27% of them never earned $100,000 in a year
[13:55] We need to delay gratification, but give ourselves some rewards along the way
[18:21] Are you a cattle rancher or dairy farmer?
[20:46] Muthiah's 5 Year Plan
Website:
www.EmpoweredInvestor.com

The future of housing is a constant discussion, but some of the purported solutions aren't really solutions just yet. Jason Hartman discusses 3D printed homes and container homes, and brings in a clip of a video discussing the matter.
Then Jason takes a listener question about Inflation Induced Debt Destruction and rate buydowns.
Key Takeaways:
[5:20] Shipping containers and 3D printed homes may be the future, but they're nowhere near ready
[10:27] Jason's hot medical prescription advice
[14:09] The importance of aligning interests
[16:07] 3D Printing homes: A $4,000 solution?
[21:16] Can 3D printing homes solve homelessness?
[23:37] Listner question from Monroe about Inflation Induced Debt Destruction
Website:
www.EmpoweredInvestor.com
www.JasonHartman.com/Ask

Today's Flash Back Friday comes from Episode 809, originally published in March 2017.
During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It’s all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.
Key Takeaways:
[2:15] If your property doesn’t have good RTV ratios consider selling or refinancing.
[10:43] Vernon has been around property investing his entire life.
[12:00] Vernon needs Jason’s advice about how to handle his parent’s properties.  
[14:23] It doesn’t matter where your property is, RTV ratios are almost always the same.
[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.
[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.
[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?
[32:33] It’s important to examine the existing debt structure of the properties.
[34:09] A 1031 exchange may help offset depreciation taxes.
[36:37] How does an investor know when it’s time to 1031 exchange or to refinance?
Websites:
www.JasonHartman.com
www.RealEstateTools.com

George Gammon and Jason Hartman finish their discussion about mitigating the downside risk of your real estate investments.
The two detail how commodity prices impact real estate, the three types of real estate markets, and Jason's LTI ratio.
Plus, it's time to register for Jason's first live event in nearly 2 years!
Key Takeaways:
[3:27] Join Jason in Orlando September 10-12, 2021 for a LIVE event!
[5:23] 3 ways to know your land vs improvement value
[12:12] How China impacted the cost of landscaping
[17:56] Low land value = low risk
[22:07] Why people are hesitant to sell in cyclical markets, even though they know they should
Website:
www.EmpoweredInvestor.com/Conference