189: Keith Gipson, World Series of Poker, Bitcoin & Real Estate
Keith Gipson, all-in poker hands, long holds on real estate and bitcoin vs. gold. Keith talks with Jason about his nine-year supreme court case, along with some of his poker and gambling stories. But Keith doesn’t gamble with everything; his real estate is diversified with long holds and high returns.
[2:00] A little bio-hacking backstory.
[6:00] Beating the online casinos since 17 years of age.
[8:00] Keith bridges his personal gap between gambler and real estate investor.
[9:00] Civil asset forfeiture.
[16:0]] Keith’s case went to the US Supreme Court
[19:00] Inflation v. Deflation.
[28:00] What free market?
[29:10] You can do so many amazing things with entities.
[31:30] Keith talks about his properties in Arkansas, Tennessee, and Alabama.
[35:15] “If you’re not long on income property right not, you’re going to miss the boat.” -Jason
[37:15] Bitcoin and the global currency situation.
[43:00] Is money just a shared delusion?
188: Side Hustle Nation, How to Turn Your Spare Time into $1000 a Month or More by Nick Loper
Nick Loper of Side Hustle Nation joins Jason Hartman to discuss three different business models, from sales to services, everything from knife sharpening to pooper scooping. Build a side hustle to fund your vacation or fund your next investment property. Nick Loper is host to a podcast and author of a couple of books. His creative approach to building business outside of the standard brick and mortar has inspired thousands.
Books: The Side Hustle, The Progress Journal
[0:45] Nick jokes that one of the best ways to build your side hustle is through a self-published book with extremely long subtitles.
[3:00] If you’re looking to make money quickly, with the lowest barrier to entry...
[6:30] Who hires a lawn service? Twenty years ago, only 5% hired out. Now, it's closer to 40%.
[10:00] Podcasting still hasn’t reached its full potential.
[15:45] 500+ Online Resources?
187: STR Legends, Eric Moeller, Drive-In Markets are Thriving Markets!
Obviously, 2020 was a rough ride for most businesses, particularly those included in the travel industry. Eric Moeller, CEO & Co-Founder of STR Legends, gives us a peek into his business through 2020 in the Short Term Rental market. STRs aren't just about the real estate business but also hospitality. Airbnb made some massive decisions to cater to the guests' needs and not so much their partners in business, the hosts. These hospitality decisions shifted how STRs had to operate to maintain high occupancy.
[2:20] In one year, the industry collapsed, there was speculation of AirBnB collapsing, and now a year later, the business model has changed, specifically the length of stay.
[3:30] The urban markets have collapsed since COVID-19.
[5:00] Have the operators given cuts for longer stays?
[6:21] "30 Day Stays"
[9:55] "Home Instead of Home"
[12:30] Markets outside of major cities are doing 98% occupancy.
[13:15] Tiny home experiential markets, for the 30 Day Stay
[16:10] AirBnB decisions were being made to prop up their IPO rather than worry about their hosts.
[23:00] Even Google is trying to get into the short term rental market.
[25:20] Airbnb is a great place for building your business compared to other OTAs (online travel agency)
186: The Bitcoin Standard by Saifedean Ammous, Discussing Time Preference
Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?
Saif continues discussing the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation?
Saifadean Ammous, author of The Bitcoin Standard
[1:00] Money has three basic functions of money:
[3:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?
[8:00] Why would the government let Bitcoin exist?
[17:00] Have you been bitten by the Bitcoin bug?
[17:25] Could the government make Bitcoin illegal?
[29:45] Is there a distinction between time preference and the time value of money, aka inflation?
[31:45] Saifedean’s wife sells the chair he’s sitting on out from underneath him.
[32:10] Art on the gold standard, will it stand the test of time?
[41:20] “A lot of people prefer to laugh than to think.” -Saifedean on Hedonism
185: Rental Report Logan Ransley
Jason Hartman talks with New Zealander and the founder of Landlord Studio, Logan Ransley, who shares his findings from his companies residential real estate index report.
[1:30] Real Estate felt grim mid lockdown.
[4:00] Rental reports don't show the same grim eviction rates that 'click-bate' portrayed through the 2020 pandemic.
[5:00] Rental graphs being depicted based on numbers of 10,000 active leases.
[8:20] What percentage of rent REALLY being collected, and how late?
[11:20] "Although the rent was taking longer to be connected, it was still being collected at the same rate."
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
184: Mortgage Update 2021 January with Adam
Investment Counselor Adam talks to one of the lenders in the Jason Hartman network about what's going on with interest rates these days. People are locking rates below 3.5% on properties $100,000 and up! With rates being at a historic low, what is the timeline on closing a deal?
Customer ReviewsSee All
Good financial education for the young adult audience. It's good to learn about personal finance at an early age. Jason discusses techniques that lead to a more manageable and successful life. Love this podcast and kudos to Jason!
Numero Uno Podcast!
Jason Hartman is truly exceptional! It's another great weekend for me of learning through this podcast. Interesting points on Gen Y and Gen Z's different approach to investing. I will be binge-listening to your podcast for the next few weekends. Thanks a lot!
Just had a chance to check out your most recent episode appreciate the great insight!
Great delivery from the host & can’t wait to dig into future content.