218: Pandemic Economics and the Remote Management Revolution, IIDD Profits, Guest Drew Baker

Jason Hartman discusses the economic "hibernation" triggered by the COVID-19 pandemic, highlighting the Federal Reserve's decision to drop interest rates to zero. He argues that residential real estate remains a stable "center of the universe" while predicting a massive inflationary wave due to government bailouts and currency creation. The program also features guest Drew Baker, who shares practical advice on remote self-management of rental properties using digital tools like Buildium and Hello Sign. Baker emphasizes that maintaining personal relationships with tenants can lead to better property care and long-term lease renewals. Together, they explore how the global crisis is shifting work habits toward the home and creating a unique environment for "pandemic investing."   Key Takeaways: 2:51 The economy of planet Earth is going into hibernation mode 4:08 "Buy on fear, sell on greed." -Warren Buffet 6:28 How do you recover from a couple of months sliced out of an annual GDP? 8:15 Exploring best/worst-case hypotheticals 12:05 Supply/demand shock 14:00 Inflation Induced Debt Destruction profits to come 17:30 Drew Baker 18:43 Buildium vs Property Tracker 23:00 A better quality tenant can make for an easier self-management experience, a lower quality tenant makes the property manager a little more needed 27:00 A great tenant goes a long way 32:00 Coronavirus, a baby-boomer bomb Websites: www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) www.holisticsurvival.com/     Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com