CI 183: Foreign Investor Assistance with Stateside APM’s Howard Jennings

Jason Hartman talks with Howard Jennings, Managing Partner at Stateside APM, about how entities can help foreign real estate investors, as well as how those same foreign investors can save themselves money in creating those entities and avoiding double taxation in certain areas.

Key Takeaways:

[1:50] Do foreign investors need to have entities like an LLC?

[4:44] Some states have higher fees than others, and Canada can even tax you twice

[8:50] Services provided by Stateside APM

[16:16] Nearly every decision in life comes down to instant gratification vs delayed gratification

Website:

www.StatesideAPM.com

www.JasonHartman.com/Properties

CI 182: Real Estate Entrepreneur or Real Estate Investor? with Gary Boomershine

Jason Hartman talks with Gary Boomershine, real estate coach, real estate investor and founder of REIvaultJason Hartman talks with Gary Boomershine, real estate coach, real estate investor and founder of REIvault, about the differences between real estate investors and a real estate entrepreneur, as well as ways that you can protect yourself from inflation. Gary and Jason discuss the great part of buy and hold investing and what Gary sees as the future for the economy and real estate.

Key Takeaways:

[2:28] What is a real estate investor?

[6:28] Gary used to flip houses but now regrets every house he ever sold

[11:44] Gary’s experience as a hard money lender

[17:53] Gary’s take on the VRBO market

[24:34] First position lending can be a hedge

[30:31] Right now Gary’s a bit pessimistic about the market and is taking some chips off the table, while some of his cohorts are going full in

[32:58] The 3 areas Gary believes need to be very careful in today’s market

Website:

www.JasonHartman.com/Vault

CI 181: 18 Wealth Attracting Principles with Andres Pira

Jason Hartman talks with Andres Pira, CEO of Blue Horizon Developments, Managing Director of Phuket Condos & Homes and author of the book Homeless to Billionaire – The 18 Principles of Wealth Attraction and Creating Unlimited Opportunity, about his journey through real estate investing and how he reached this point in his career. Andres explains the importance of giving before expecting and how that will help you succeed in business and life.

Key Takeaways:

[1:48] Andres’ path through the real estate world

[6:06] You have to take risks in life, so just make sure you consider the worst case scenario and whether you can bounce back from it

[9:40] Vibrational giving: give out first, then good things will come later

[14:49] Stop trying to win deals and make them win-win

Website:

www.AndresPira.com

CI 180: State of Resistance with CNN & Fox’s Sally Kohn

Jason Hartman talking with Sally Kohn, CNN political commentator, host of The State of the Resistance podcast and author of The Opposite of Hate: A Field Guide to Repairing Our HumanityToday’s off-topic 10th episode has Jason Hartman talking with Sally Kohn, CNN political commentator, host of The State of the Resistance podcast and author of The Opposite of Hate: A Field Guide to Repairing Our Humanity, about why there’s so much hate in our country at the moment and how we need to continue acknowledging problems and working to get better.

Key Takeaways:

[4:16] Technology makes us feel more anonymous, which isn’t always the best thing

[6:54] Does the US deserve credit for being better than the rest of the world?

[11:45] What definition of “hate” Sally’s working from

[15:56] Most people don’t think they’re hateful, they believe “those people” are hateful so the things they do are justified

[19:40] We have been taught throughout history that men should be in positions of power, which is a powerful thing to have to break through

Website:

www.SallyKohn.com

CI 179: Opportunity Zones, The Good, The Bad & The Ugly by Mauricio Rauld, Esq

Jason Hartman talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investorsJason Hartman talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investors. Mauricio breaks down the tax incentives that have been presented, but also why you may not want to invest in them.

Key Takeaways:

[1:17] What’s the deal with Opportunity Zones?

[3:14] The 2 things you need to do to invest in Opportunity Zones

[7:32] The 4 tax incentives of Opportunity Zones

[11:43] Will a mass of properties from Opportunity Zones hit the market in 10 years?

Website:

www.PremierLawGroup.net

CI 178: Why Modern Monetary Theory Matters to Investors by Professor Dr. Randy Wray, Levy Economics

Jason Hartman talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it’s relevant in today’s monetary society. They especially tackle the job guarantee program that MMT espouses and what’s coming up for the US in the economy for the next few years.

Key Takeaways:

[1:33] Who is Minsky and why is he someone we should concern ourselves with?

[4:50] What is Modern Monetary Theory and why is it applicable?

[10:38] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation

[13:45] Has all the money that was put into the economy during Obama’s term been taken back out by taxes or is it causing inflation?

[17:58] The test you need to use to discover if you’re doing monetary policy correct

[21:55] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth

[25:56] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized

[29:05] What’s coming up, economically, for the United States

Website:

www.Levy.org

CI 177: Self-Storage & Apartments with Shane Connor, Red Rock Capital Group

Jason Hartman talks with Shane Connor, founder of Red Rock Capital Group, about sourcing and vetting commercial deals.Jason Hartman talks with Shane Connor, founder of Red Rock Capital Group, about sourcing and vetting commercial deals. Jason has Shane break down the process to help new investors figure out their way down the path.

Key Takeaways:

[1:10] How much upside does the multifamily sector have with renters?

[4:22] Is the multifamily inventory improving?

[7:05] Where is Shane finding the deals?

[10:28] How to vet a potential deal

Website:

www.RedRockCapitalGroup.com

CI 176: 1,000 Units, Multi-Family Success by Gino Barbaro

Jason Hartman talks with Gino Barbaro, co-founder of Jake & Gino, about his investing journey to over 1,000 units owned. Gino and Jason discuss the ways you can increase the revenue of your multi-family units while reducing vacancy. Gino exited the rate race in March 2016 and wants to help as many people as he can to never go back.

Key Takeaways:

[1:56] Gino’s investing journey

[4:45] How hard is managing your properties

[8:49] It’s harder to increase the income from a single family home as opposed to a commercial property

[13:58] How Gino has increased revenues on his apartment complexes

[19:45] An explanation of Surety Bonds

[22:41] Offering storage facilities at your property can help retain tenants

[24:43] Pet rent needs to become standard practice

Website:

www.JakeAndGino.com

CI 175: Multifamily Investor Nation, Tough Decisions Network for Entrepreneurs by Dr Dan Handford

Jason Hartman talks with Dr Dan Handford, founder of Multifamily Investor Nation and host of Tough Decisions Network for Entrepreneurs podcast, about his journey from doctor to real estate professional. Jason and Dan delve into the shortage of apartment construction that’s prevalent around our country, as well as best practices for raising money if you’re trying to be a syndicator.

Key Takeaways:

[2:21] How Dan came to be a multifamily real estate investor

[4:58] In 2019 the United States is facing a shortage of apartments

[8:47] How Dan generally structures his deals

[14:48] Some best practices for raising money

[18:54] Why multifamily?

Website:

www.PassiveInvesting.com

CI 173: Data Science for Real Estate Investors with Anna Myers, Grocapitus

Jason Hartman talks with Anna Myers, Vice President of Grocapitus, about how to analyze deals, specifically for multifamily. Anna’s group is all about finding the right deals in the right market, and she talks with Jason about which markets are looking good and which are past their peak, along with why the demographics for real estate investors is still incredibly bullish.

Key Takeaways:

[1:20] What is Anna’s definition of “data driven real estate investing”?

[6:35] How can you know when the supply of starts is going to meet the demand for jobs?

[10:03] Things you need to be looking for at the neighborhood level of your market

[15:48] Anna’s team is looking at approximately 80 markets a quarter

[19:40] What kind of properties does Anna have in her portfolio?

[21:49] The stigma of renting is gone as Millennials and Baby Boomers are now renting

Website:

www.Grocapitus.com

www.MultiFamilyU.com