Fri, 26 May 2017
Single-family homes sales rose in January, bringing income property inventory low. During a recent semiar, Jason shared why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct, the Trump administration is going to take the U.S/ economy into an inflationary period.
[0:44] Inflation induced debt destruction by way of a mortgage.
[2:51] Jason explains how the government manipulates inflation numbers through hedonic adjustment.
[10:19] The ultimate investing equation.
[17:38] Anything that does not produce income is not an investment.
[19:29] Cash and bonds are destroyed by inflation.
[21:31] The IRS does not account for inflation.
[24:45] During deflationary periods people default on their loans.
[27:08] If you have a corporate job you are paying more taxes than the self-employed.
Fri, 19 May 2017
Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services is today's guest. Jason Hartman and Frances discuss consumer, investor, and executive sentiment numbers in the home and job market. While we don't know exactly why the economic is experiencing such a resurgence, Frances does attribute at least some of it to the potential policy changes Trump is looking to bring.
Frances and Jason also discuss pent up real estate demand, and how student loan debt is impacting that.
[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
There are fewer multipliers to growth from a rental market than there are from a housing market.
Fri, 12 May 2017
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.
[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.
“The most important part of renting a home is picking the right tenant.”
Fri, 5 May 2017
Jason Hartman talks with Robert W Wood, Managing Partner of Wood LLP, about some of the ways business owners might be putting themselves at risk when dealing with employees. Robert is a corporate and individual tax attorney who has seen many businesses and people unknowingly commit tax crimes that come back to haunt them. He gives some advice on avoiding some of the more common issues he's seen.
Robert has been ranked by United States Lawyer Rankings as one of the top 6 tax attorneys in the nation.
[1:23] Are offshore accounts a no go nowadays?
[3:45] Inadvertent ways people are breaking tax laws
[4:46] Nearly all IRS criminal cases get started the same way
[7:44] What should you do if the IRS Criminal Division knocks at your door?
[10:09] How lawsuit settlements are handled under tax codes
[12:00] Important tax things to keep in mind when you hire a freelancer
[17:44] Having freelancers and full time employees doing the same job can put you on dicey legal ground