Gary Pinkerton starts today's show with some book recommendations that have had a significant impact on his life recently. He also details a little bit about his adventures in short-term rentals and what Jason's guest Flavia Berys has taught him on the subject.

Then, Jason Hartman talks with Flavia Berys, host of the Lifestyle Solopreneur podcast and teacher at Landlord Prep, to discuss the current legal landscape of short term rentals. The fight between residents and landlords of short term rentals isn't going to end anytime soon, but Flavia has her finger on the pulse when it comes to what's happening right now.

She discusses where to find good, long term tenants, and gives some tips on how to properly manage your properties to get the best reviews from your tenants, and keep your things safe.

Key Takeaways:

[2:00] Gary's book recommendation: The Inside Out Revolution

[3:57] Gary's book recommendation: The Obstacle is the Way

[5:59] Gary's book recommendation: Willpower Doesn't Work

Flavia Berys Interview:

[16:31] What is the status of STRs in California

[18:49] The issue of laws for STRs and property rights of the owner

[25:19] 2-3 month long rentals for traveling professionals is a great market, but where do you find them?

[28:04] You need to decide what amenities to offer from the onset

[31:21] How Flavia uses her security system, and how you have to deal with cameras and your tenants

[34:09] How remote Flavia manages her properties, and a reminder that being a STR host is MUCH more personal than being a landlord

Websites:

www.LandlordPrep.com

www.FurnishedFinder.com

www.SimpliSafe.com

Jason Hartman interviews Dr. Judith Wright, author of The Soft Addiction Solution: Break Free of the Seemingly Harmless Habits That Keep You from the Life You Want, and co-author with her husband, Dr. Bob Wright, of Transformed!: The Science of Spectacular Living. Consider the various activities you partake in throughout the day or week...shopping, video games, Facebook, eating, watching TV, perhaps mindlessly biting our fingernails, browsing magazines or surfing the web.

Judith explains the fine line between soft addictions that include coping skills and yearnings, and things we’re actually passionate about in our lives that help us live our best life. Soft addictions don’t necessarily kill us, but they can kill our chance for a deeper, more connected and satisfying life. Judith provides signs of some of these soft addictions that rob us of time, energy, money, love and more, and encourages people to learn the “Four Loving Truths.”

Website:

www.WrightFoundation.org

Gary Pinkerton talks with Jason Redman, former Navy Seal and author of The Trident: The Forging and Reforging of a Navy Seal Leader, about his experiences overcoming obstacles in his life. The two explore what it takes to conquer your ambushes, Jason's "Pentagon of Performance", the impact a lack of purpose is having on some disabled veterans, and why you need to get off the X.

Key Takeaways:

[6:36] What the Pentagon of Performance is

[9:28] Money is the #1 thing that creates stress in individuals

[15:05] Jason sees a lack of purpose from many medically retired veterans, with them choosing to get by on the money they're bringing in retirement, leading to higher levels of depression

[18:10] Being ambushed wasn't the worst thing that's happened to Jason

[20:13] What a life ambush can be

[24:49] The only way to survive a real world ambush is to get off the X, and it's no different with life ambushes

[26:49] You need to step outside of the "me" so you can gain perspective

Website:

www.JasonRedman.com

www.CombatWoundedCoalition.org

Gary Pinkerton starts today's show discussing the importance of the different types of asset protection that are available to you as an investor. It's critical that you protect yourself from threats, which starts with privacy.

Then, Jason Hartman talks with Randy Hughes, a land trust specialist, about why and when land trusts should be used and how to use them effectively. Randy defines land trusts and explains some of the key elements of asset protection.

In the eyes of the IRS, a land trust is a pass-through entity, which is not taxed. Randy discusses the mechanics and some of his favorite reasons for using land trusts for single-family home investments, including anonymity, estate planning, ease of transferability and linking trusts together with other entities. Randy explains that land trusts are regulated state by state, with no federal regulation. He stresses the importance of understanding the different types of trusts, noting the beneficial interest for a land trust is in personal property and obtaining privacy. He also touches on the important psychology behind naming a trust.

Randy has written a Privacy and Asset Protection book, 6 booklets, a bi-monthly Land Trust newsletter and 6 "HOW TO" real estate courses to help new and seasoned investors to be successful at investing in Single Family Houses for profit.

Website:

www.LandTrustsMadeSimple.com

Gary Pinkerton talks with Greg Amundson, former DEA Special Agent, SWAT Operator, Army Captain, Kokoro Yoga Instructor and Krav Maga Black Belt, about his books The Warrior and the Monk and Firebreather Fitness. Gary and Greg look into finding your unique genius, why fitness, spirituality and mindfulness can all be in harmony, and more.

Key Takeaways:

[10:12] You need to find something you're passionate about, and then find a way to bring that passion into what you're already in

[12:03] The Warrior and the Monk

[17:21] Fitness, spirituality, and mindfulness practices don't have to be disconnected

[22:11] Doing good deeds puts out a form of current that will eventually work its way back to you

[26:09] How to find your unique genius if you can't see it for yourself

[30:54] You have to immediately respond when on duty, but don't take that home with you. Be still and realize you don't have to do everything yourself

Website:

www.GregoryAmundson.com

Gary Pinkerton talks with Tim Kelly, active duty Chief Petty Officer in the US Navy and founder of Kelly Housing Group, about how he's been able to do real estate investing while being on active duty, finding the right group to help you scale up as a person and how to succeed in real estate investing.

Key Takeaways:

[6:50] How Tim got started

[14:12] Some information about Active Duty Passive Income

[18:09] Always think about your why

[19:56] Constantly think about how you can add value, every day

[25:17] When Gary realized he didn't think the same as most home owners and needed to surround himself with different people

[27:20] Pick a niche in real estate and go deep on it

Website:

www.TheTimothyKelly.com

www.KellyHousingGroup.com

Gary Pinkerton talks with Mark Dolfini, author of The Time-Wealthy Investor and founder of www.LandlordCoach.com, about why Mark is in real estate, what forms of real estate he likes, why you need systems in your life, and more.

Key Takeaways:

[7:25] Why Mark likes single family over multifamily properties

[10:54] Mark got himself into trouble because he wasn't properly valuing his time

[16:02] You need to have white space in your life so that you can take the time to teach

[19:23] One of the things that sets veterans apart is their work ethic

[24:19] If there are systems in place and the person/employee cares, it's easy to train them

Website:

www.LandlordCoach.com/Hero

Gary Pinkerton talks to Stuart Grazier, founder of the Military Investor Network, about how his network is attempting to help veterans invest in real estate. The two discuss what is available through the network, juggling a job and investing, taking the first step and the need to take advantage of the VA loan.

Key Takeaways:

[4:48] How Stuart ended up focusing on real estate investing and members of the military

[8:35] Stuart's site allows investors to meet up, invest together, and find lending opportunities

[12:37] How does Stuart juggle his business with his his active duty job?

[14:57] It's all about taking action and making the first step

[19:41] The VA loan is a huge advantage

Website:

www.MilitaryInvestorNetwork.com