Sat, 20 June 2020
Dan Franks joins Jason today as part of a client case study. Dan is a former CPA, happy to have handed off the CPA duties to someone else as he manages his investment portfolio. As a fellow podcaster, he understands the value of information through podcasting and is here to share his story as a twelve-year listener of this show, and real estate investor.
[2:30] Dan Franks, the first podcast ever listened to was Creating Wealth.
Now, the Podcast Movement
[8:00] How and where did you get started investing?
[9:30] What got you interested in real estate, and the podcast?
[12:00] What was step two for real estate investing?
[17:00] When hiring an accountant, it’s great to find out if they speak the lingo of someone involved in real estate investing.
[20:00] How did this transform from investment to real estate business for you?
[26:15] What are your goals with your real estate portfolio?
Fri, 12 June 2020
Banks are worried, lenders are tightening up, and the overall mortgage process has changed. Aaron Kopelson discusses with Jason Hartman, some of the biggest changes he has seen in the last few months.
[1:30] One of the mortgage lenders' current biggest fears, and reason for tightening up, is an early payment default or a first payment default.
[3:00] What is a jumbo loan, and what defines the limits per market?
[5:00] There’s no appetite from investors that want to buy mortgage-backed securities for these non-QM loans.
[7:00] Real estate is a credit backed asset. When the financing starts to dry up, so do the prices.
[10:00] Nobody was paid to put the breaks on and look at where we ended up (2008 recession)?
[11:20] Fannie and Freddie are allowing for drive-by and desktop appraisals.
[14:25] Is mortgage insurance allowed on investment properties?
[18:10] V.O.E. Verification of Employment
[19:45] What’s an overlay?
Fri, 5 June 2020
Ryan Moran, author of, 12 Months to $1 Million, joins Jason today to discuss some of his tactics that led to his success. Sometimes better business isn’t about what you sell, but more-so, how your business is focused. While we often think of the question, “what is the product,” the focus needs to be, “who is the audience?” As well, Ryan shares his views on real estate investing and the economy, post-pandemic.
[4:20] “I’ve discovered that there are a lot of things not worth pursuing, but the pursuit is worth it.”
[10:15] “Minimum wage is an institution, something that you’re trying to force into society…”
[13:00] Moran, how did you get your career started, and what role did the early affiliate marketing role play in where you are today?
[15:20] Your business is determined not by what you sell, but who you sell to.
[16:50] The game is about building to an audience quickly, and monetizing to that audience.
[17:00] What Joe Rogan did for Spotify!
[20:10] What’s the extent of e-commerce beyond Amazon?
[21:00] Eventually we will drop the E in e-commerce.
[22:00] What goes on outside the Amazon world?
[26:00] Is the magic question, “what’s the product?”
[32:00] You can have two brands for the same product, and market them to two audiences. They can both be wildly successful.
[42:00] Real estate trends post Coronavirus.
[46:00] Cocooning, from home theatre systems to home gyms.
[50:00] Considering the Federal Reserve the fourth branch of government.