39: Mortgage Rate Update February 2020

03/06/20 • 10 min

Hartman Investment Counselor, Adam Schroeder, talks with one of the network’s lenders to discuss how mortgage rates are shaping this February 2020. The two discuss current events and the impact that those events might have on available rates with the hypothetical purchase price of $100k.

Website:

www.JasonHartman.com/Properties

Website:

www.JasonHartman.com/Properties

Previous Episode

38: Performing Due Diligence: Home Insurance, Inspections, Verifying Rents & Property Management

Thou shalt diversify. The continuation of our discussion on due diligence. Jason and Adam present tips on investigating the areas in which you own property. Use tools like google street view to take a tour of the surrounding areas to understand the influences for value and rent. Adam shares a real life scenario on a property in Merrillville, Indiana. Find out what questions you should ask before investing in a property.

Key Takeaways:

[3:00] Thou shalt diversify. Diversity into three to five markets.

[5:55] Use google street view to understand the areas that surround your investment.

[8:30] Check with local property management companies to confirm rent estimates.

[11:15] Put the system to work with a real life evaluation of a current property.

[14:10] The institutional apartments do a really good job of squeezing the rent out. We should be demanding more for our properties.

Websites:

www.JasonHartman.com/Properties

Next Episode

40: Appreciation Estimate, Client Questions, Loan Limits, Debt Coverage Ratio and A Fire-Side Chat

STR 40: Debt Coverage Ratio, Loan Limits & Appreciation Estimates

Jason Hartman is joined with investment counselor, Sara, and they discuss some current properties that you view on the JasonHartman.com website. As well, the two discuss some common investor questions including the 6% appreciation estimate and strategy for navigating the Fannie Mae, Freddie Mac loan limit.

Today’s second segment, A Fire-Side Chat, Jason is joined at a live event with three guests. The three guests share a quick background to their real estate journey: the how, the why, and the success of their real estate ventures.

Key Takeaways:

[2:38] If you’d like a private tour with a local market specialist, contact one of our investment counselors

[6:13] Where does the 6% appreciation estimate come from?

[9:12] Fannie Mae, Freddie Mac loan limit is 10 financed properties per person: make a good use of your financing with a fourplex under one conventional loan

[10:03] The debt coverage ratio provides a little comfort for the conservative investors

[12:23] Mortgage Sequencing for loan leverage

[17:11] A fire-side chat with Doug, Evan, and Sara. The barrier to entry and success stories.

[23:04] Are tech startups changing the world?

Websites:

www.JasonHartman.com

Jason Hartman PropertyCast