Accredited Income Property Investment Specialist (AIPIS)

In this off topic episode, Jason Hartman talks with Cynthia Kane, author of How to Communicate Like a Buddhist, as well as Talk To Yourself Like a Buddhist, about how we should be communicating with ourself and with others. Too often we say things hurtful to ourselves and our loved ones which we don't even realize until it's too late. Cynthia explains the elements of right speech that will point us in the right direction, as well as the importance of silence.

Key Takeaways:

[2:30] How does communicating like a Buddhist help you?

[6:20] The importance of "Mindful Listening"

[8:49] How we can use silence in a positive way

[16:24] How do you talk to YOURSELF as a Buddhist?

[20:28] You need to pump yourself up with self talk a little bit

[22:18] The importance of questioning

Website:

www.CynthiaKane.com

www.JasonHartman.com

Direct download: AIPIS_290_Cynthia_Kane.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with DeAnn O'Donovan, former President & CEO of AHP Servicing and former Executive VP and Chief Administrative Officer of Wintrust Mortgage, about the practice of investing in non-performing notes and loans. DenAnn explains what she looks for when considering investing in loans, what positions she's comfortable taking, and where you can still find deals in today's marketplace.

Key Takeaways:

[5:18] Does it matter whether you're in first or second lien position?

[9:11] Where do you find the deals in today's market?

[19:33] Are there multiple categories of servicers available?

Website:

DeAnn O'Donovan on LinkedIn

Direct download: AIPIS_289_DeAnnODonovan.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Jeff Astor, VP of Business Development at Broad Financial and author of The Ultimate Self-Directed IRA:: Using Self-Directed IRAs & Solo 401ks To Invest In Real Estate, Bitcoin, Ethereum, Cryptocurrencies, Gold, Private Businesses, Startups, Exotics & Much More, about how to invest in various assets at the "arms length" that the tax code requires. Jeff explores some unique investments clients have made that satisfy the legal requirements, as well as explaining the difference in the 2 types of self-directed IRAs.

Key Takeaways:

[2:09] What are "exotic" investments and how you keep your investments "at arms length"

[5:12] There are 2 types of self-directed IRAs, the custodial model and the checkbook model

[9:18] Finding financing for IRAs since you need a non-recourse loan

[12:36] Do people set up multiple LLCs inside their IRA to get even more asset protection?

[17:11] Make sure you do your research on self-directed IRA companies, because custodial companies rely on trust

[20:17] Can you take possession of precious metals if you purchase them through a self-directed IRA?

Website:

www.JasonHartman.com/Properties

www.BroadFinancial.com

Direct download: AIPIS_288_Jeff_Astor.mp3
Category:general -- posted at: 9:35pm EDT

Jason 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

Direct download: AIPIS_287_Gary_Boomershine.mp3
Category:general -- posted at: 2:04pm EDT

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