CI 267: Foreclosure Crisis or Not? Rick Sharga, RealtyTrac

Rick Sharga, Executive Vice President of Marketing at RealtyTrac, talks with Jason Hartman about forbearances and foreclosures. Does one lead to the other, and how will this differ from the great recession? How has COVID-19 changed how millennials approach renting vs. buying?

Rick Sharga also distinguishes between foreclosures and opportunities. Rick also gives an excellent insight into every sector of what he thinks is to be expected in the commercial real estate market.

Key Takeaways:

[1:00] Everyone is asking, “is Covid going to cause a housing crash?”

[2:00] Covid has not slowed down the housing market even a little bit.

[3:45] The pandemic accelerated millennials’ trend to stop as urban renters and move to a place of homeownership.

[10:30] The 2006 median price home was $650 more expensive than the median price home today, adjusted for interest rates and inflation.

[12:00] Rick distinguishes between foreclosures and opportunities.

[18:00] Will 3 million in forbearance programs end up in foreclosures?

[21:00] What happens when all of these loans come out of forbearance?

[26:45] Discussing California’s new law that the institutional buyer cannot buy foreclosures.

[28:45] We already see a higher number of commercial foreclosure properties popping up.

[30:00] Rick breaks down his expectations for each sector of the commercial real estate environment.

[33:30] One of the most significant shortages in housing is in the low price tiers. Here’s why.


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


CI 266: Advanced Tax Strategies for Savvy Investors by Amanda Han & Matthew MacFarland

Clear some confusion about tax strategy, and gain some added tricks of the trade by listening to this interview. Jason Hartman talks with Amanda Han and Matthew MacFarland, authors of Advanced Tax Strategies for Savvy Investors. Tax laws can change every year, so it’s crucial to take advantage of them as soon as you can. Learn what most investors forget to do for some of the best write-offs.

Key Takeaways:

[2:30] Excited to have advanced tax strategy with a focus on RE

[3:00] Will we lose the 1031-Exchange with Biden in office?

[8:10] Many RE investment property owners overpay on taxes because they do not view themselves as a business when it comes to their taxes.

[13:40] How do I take more deprecation sooner than later, with a cost segregation study?

[20:20] How do you prepare to take unlimited deductions, regardless of income – by qualifying as a real estate professional?


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


CI 265: Former Senior VP of Community Lending at Fannie Mae & National Low Income Housing Coalition NLIHC Barry Zigas

Jason Hartman talks with Barry Zigas, Senior Fellow at Consumer Federation of America. Barry shares a brief, descriptive history lesson on how Fannie Mae and Freddie Mac came to be. Barry and Jason discuss the low and middle-income housing crisis and what factors contribute to homeownership rates.

Barry Zigas joins Jason Hartman to discuss student loans compared to home loans. Is this similar to a problem we’ve seen in the recent past? How does the shortage of affordable new homes drive inflation?

Key Takeaways:

[1:00] Fannie Mae and Freddie Mac were both created by acts of congress.

[4:30] Is the Fannie Mae/Freddie Mac mission to increase homeownership?

[6:20] Let’s talk about global home ownership comparisons.

[11:00] What factors contribute to homeownership rates?

[12:15] There’s still discrimination in the mortgage markets.

[14:30] Redlining is a term defined as a percentage of non-white people living in a community.

[16:45] How much of the community reinvestment act is to blame for the great recession?

[21:00] Student loans compared to home loans, is this a perpetual problem?

[24:00] There’s a tremendous shortage of affordable new homes to buy, which is part of what’s driving inflation.

[27:20] San Francisco, what caused its high prices throughout history, and will that change from COVID-19?

[34:00] COVID-19 has employment implications, which will translate to housing implications.



CI 264: iBuyer, Property Radar & Foreclosure Radar, Sean O’Toole

Sean O’Toole joins Jason Hartman today to discuss the next foreclosure crisis? Will it happen, or where will it happen? Sean O’Toole shares his thoughts on the re-ruralization of America. They also discuss Property Radar and the data they’ve uncovered. Where does inflation go? Are we, the U.S.A., more susceptible to the boom or bust outcome because we are the reserve currency of the world? What is iBuyer, and is it any good?

Key Takeaways:

[4:30] We’re not expecting a foreclosure crisis as we saw in the recession.

[7:30] “I don’t think we’ll get back to that price drop. Price drops require a motivated seller.”

[10:10] Is this the re-ruralization of America?

[13:30] Is this a black swan or a white swan event? (2016)

[18:00] The inflation always goes to asset price inflation versus consumer inflation.

[20:00] Does the U.S. being the reserve currency of the world make us more “boom and bust?”

[21:00] Is modern monetary theory, MMT, a fantasy?

[26:45] What is Property Radar researching?

[31:00] What is iBuyer?


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


CI 263: Manhattan Apts. Pandemic Housing Prices, Ari Rastegar, COVID Real Estate Outlook

Ari Rastegar, the founder of Rastegar Property Company, joins Jason Hartman today to share his insights on investing in many sectors, with a particular emphasis on multi-family housing. Will retail and commercial suffer indefinitely, or will this all pass? If you put in the work, 2020 is an incredible opportunity to invest.

Key Takeaways:

[1:15] Discussing rent collection issues and eviction moratoriums, but during COVID-19, 90% and more of rent was still being collected.

[3:45] In the single-family space, we’re seeing a surging of home prices.

[8:00] In regards to shadow-demand, the majority of US young adults live with their parents.

[12:10] California and New York are the ‘land of the flee,’ and Texas is the ‘land of the free.’

[15:00] Q2 sales of Manhattan apartments down by 54%

[19:20] Risk controls in the sub-prime market have been put into place to protect the residential side of recession effects.

[20:00] Retail and commercial will suffer longer.

[21:15] Ari believes that work-from-home is entirely unsustainable.

[26:10] “People are going to miss opportunity because opportunity shows up in overalls.” -Edison


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


Lynette Zang

CI 262: Nominal Confusion, FedNow, Capital Formation, and Dynastic Wealth, Lynette Zang

Jason Hartman interviews Lynette Zang, Chief Market Analyst at ITM Trading, about everything monetary policy. Opening with one of Lynette’s favorite charts shared from the FRED, Federal Reserve Education Department, Lynette, and Jason guide us through a discussion to clear up nominal confusion. Zang shares recent developments with FedNow and how this will affect the individual.

Jason asks Lynette what she recommends we should do to protect ourselves? Lynette expresses her confidence in gold and why this is one of the three central pillars of dynastic wealth. As well, Jason and Lynette discuss inflation, the how and why of its existence, and how it’s controlled.

Key Takeaways:

[2:30] Looking at one of Lynette’s favorite charts from the FRED, Federal Reserve Education Department.

[3:45] Fiat literal translation: government decree.

[6:00] Nominal confusion; ‘they’ knew that people do not understand inflation and that they marry the legal money of the state because inflation causes nominal confusion.

[9:00] What is a total financial reset?

[11:10] The FedNow is about you, the individual, having an account directly linked to the Federal Reserve.

[13:45] The basis of wealth is capital formation. You’ve got to save in order to invest.

[19:00] What is Gavi, The Vaccine Alliance?

[27:00] Whenever you hear the term nominal, you must understand that the truth is being hidden.

[28:30] What should we be doing to protect ourselves?

[29:10] Dynastic wealth is real estate, rare metals, and gold money.

[31:40] Gold acts as wealth storage, holding its value over time.

[33:55] Inflation is an invisible way for the government to tax you more.

[35:40] Real estate inside of a reset faces two issues.

[37:30] There is almost no such thing as a free and clear property?

[43:30] How do negative interest rates work/exist?

[51:40] What does it mean when the LIBOR goes away?


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


CI 261: Market Crash Predictions, California Climate Policy, Crypto History, Bitcoin & Mark Moss

Investor, entrepreneur, and Crypto Expert, Mark Moss, returns to the show today discussing what’s happening in Mexico compared to California? Moss, a California resident, shares some aspects of California that are proving problematic moving forward. Will these bills in motion and aggressive attempts to combat climate change cause a California market crash?

“Every problem boils down to the money,” says Mark Moss. Mark Moss talks with Jason Hartman about his feelings on bitcoin and why it might be the most favorable currency, even over the dollar. This talk includes a quick history lesson sharing one aspect of currency evolution. As well, what will happen when the stimulus ends?

Key Takeaways:

Mark Moss

[2:00] Why is that the power stays on in Mexico, but not in California?

[5:00] California is leading the charge on fighting back against climate change.

[8:30] And what do experts say about the cause of the fire?

[13:00] With California’s chaos and the four bills in working order that could affect real estate, what will happen with the California real estate market?

[15:30] Will there be a real estate crash in 2021?

[17:10] Mark speaks about one market misconception.

[18:30] The markets; stock, real estate, gold, etc., have become disconnected.

[20:00] What happens when the stimulus ends?

[22:30] How will this change cryptocurrency, like bitcoin?

[25:15] What makes bitcoin superior to gold or the dollar?

[26:45] A history lesson on African cowrie/aggry beads.

[28:40] “If the people understood the banking system, there would be a revolution overnight.” Henry Ford


Mark Moss on Youtube

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


Special Announcement: Pandemic Investing Summit

Zoom Virtual Event: October 17th, 2020

Early Bird Admission:

Get Instant access to Jason Hartman’s newest report, you’ll learn…

  • The modified square root shaped recovery
  • Understanding the rare economic malady of supply/demand shock
  • Generational PTSD and what it means to you & society
  • The six lifestyle mega-trends that will change the world forever
  • And much much more!

Dan Millman

CI 260: Loneliness Epidemic & THE LIFE YOU WERE BORN TO LIVE, Finding Purpose by Dan Millman

Dan Millman, author of The Life You Were Born To Live, is here to discuss the loneliness epidemic as well as his recent book. The question that surrounds this discussion is, “What do I want to look back on five years from now, when this is behind us?” Dan and Jason discuss the challenges of constraints but the creativity that comes from it. How will people cope with the loneliness epidemic?

Key Takeaways:

[0:00] Guest Dan Millman

[2:45] How will people cope with the loneliness epidemic? Will coronavirus impact our interaction with technology in a positive way?

[5:00] There’s a huge difference between not being able to eat, and choosing not to eat.

[8:00] Constraints breed creativity.

[11:00] Athlete’s understand the law of presence.

[15:15] Are we spiritually weight lifting now?

[17:45] Being at home, and less stimulated, is tuning up our RAS, reticular activating system.

[19:45] “Right now humanity is going through a transformation and no one promised that it will always be pleasant.” -Millman

[24:00] What do I want to look back on five or ten years from now? How did I treat this period?


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


CI 259: COVID-19 Landlord Chronicles with Matt Faircloth

Matt Faircloth, of DeRosa Group, and author of Raising Private Capital, joins Jason Hartman today to share some of his stories as a landlord. Find out how Matt went from duplex to 20 units in a garden-style apartment. As well, Matt shares his success with collecting rent while the media was posting about rent strikes.

Key Takeaways:

Matt Faircloth

[1:45] Are rent strikes as bad as the media has made them out to be?

[3:50] In many cases, the rent that a tenant pays is not going completely and directly into the landlord’s pocket.

[6:00] The way in which money is changing makes you have to understand what comes after a trillion.

[6:45] How did you take a duplex and turn it into 20 units?

[11:00] Because of COVID-19, the innovation and integration of technology with real estate have amplified.

[15:00] Will we see a state secede from the union in our lifetime?


Bigger Pockets – Matt Faircloth

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)