Fri, 19 April 2019
Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate.
[1:56] What are the core metrics that real estate investors should be looking at?
[6:41] You should try and forecast best case, worst case, and in-between case for your properties
[8:04] What is discounted cash flow?
[10:39] The holy grail metric is still IRR (Internal Rate of Return)
[12:28] A different way to view Return on Equity
[16:01] Is there a time where it doesn't make sense to acquire properties?
[21:46] Education is absolutely vital to being a good investor
Fri, 12 April 2019
Jason Hartman talks with Tal Tsfany, President & CEO of the Ayn Rand Institute, about free speech on college campuses, how we should be defining things like happiness and selfishness, and why we should be focusing on the self. They also examine the philosophies of those who want to tax the rich in order to redistribute wealth.
[2:50] What's happening with speech on college campuses is a result of progressive philosophies
[4:38] What would Ayn Rand's political views be in today's world?
[8:17] Ayn Rand's definition of happiness
[11:45] Love is a goal or value that you pursue. It's a spiritual trade
[15:42] Ayn's definition of selfishness
[19:40] Berkley students in the 60s were reading Ayn Rand to be cool, but not following through on the axioms
Fri, 15 March 2019
Jason Hartman welcomes Lisa Tomita, a client with 4 properties who has recently decided to self-manage two of her properties. Jason and Lisa discuss the ups and downs of investing and how self-managing has turned Lisa into a more empowered investor ready to deal with all the bumps along the way as she moves closer to her financial independence.
[2:57] Lisa's tenant saved her $200 because of the relationship they've developed
[7:46] Lisa recently quit her job so she could focus full time on real estate
[11:58] Self-managing has made Lisa feel more empowered and learned
[16:15] One of Lisa's deals that hasn't gone well broke 4 of Jason's 10 commandments
[22:51] Income property is so durable it's like the self-healing asset
Fri, 8 February 2019
Jason Hartman and Greg Lukianoff, President and CEO at FIRE (Foundation for Individual Rights in Education, about the state of free speech in America and, specifically, on college campuses. Campuses these days have a higher level of intolerance than ever, and Greg points to one specific thing that's helped lead the way more than anything else. Listen in as Greg and Jason discuss first amendment issues and how they can be solved in today's climate.
[5:57] How bad has our intolerance of free speech gotten?
[9:12] One big trend that changed freedom of speech
[12:19] Since 1991, the US is continually getting safer, yet parents are hovering more than ever and are way more paranoid
[15:35] What should colleges be teaching students about free speech?
[18:47] What is FIRE?
[22:38] FIRE protects people in free speech cases and harassment claims