Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman is joined by Larry Muck, the Executive Director of the American Association of Private Lenders, to talk about the AAPL’s history, mission and vision.  Larry explains what private lenders are doing for people that the banks can’t do, and how the AAPL is trying to organize the efforts of private lending.  

AAPL was formed to help raise the standards in the industry and develop a brand that could be used by private lenders to prove credibility and trust.  Larry also discusses the needs of investors and the various tools now available to support investors and lenders.

Larry shares his passion for fair dealing and excellence in lending as the Executive Director of the American Association of Private Lenders. He brings to this position the experiences gained through a 30 year career in banking.  

During that span, he served in many leadership and lending capacities, including serving as Executive Vice President for a regional bank with a $220 million portfolio of commercial, consumer, construction, and mortgage loans.  Additionally he served as Community President for Gold Bank in Saint Joseph, Missouri and transitioned to Regional EVP with Marshall and Ilsely Bank in Kansas City. His well rounded background includes experience in Loan Review and serving for two years as the Corporate Training Director for a $15B regional bank holding company.

Throughout his career, Larry has had a passion for community service, serving in various leadership capacities with organizations such as United Way, the Allied Arts Council, St. Joseph Preservation, Inc. and many others.  His interests lie in all outdoor sporting activities, basketball, and cooking.

His passion for music and serving Christ led him to serve as guitarist and backup vocalist for his church’s worship band for five years.  He received his secondary education through the University of Kansas, home of the fabulous KU Jayhawks Basketball team, and completed both his undergraduate and master degrees in Business Administration there.

Direct download: cw-287-LarryMuck.mp3
Category:Podcast -- posted at: 6:25pm EDT

CW 286: Deceptive Foreclosure Statistics with Sean O’Toole Founder of Foreclosure Radar

Tracking foreclosure stats and trends can be deceiving due to shadow inventory. Jason Hartman’s guest, Sean O’Toole, founder of Foreclosure Radar, explains the foreclosure rate, the “foreclosure hangover,” the slow increase in home prices, and much more.

Sean and Jason also talk about the price differences and inventory in the California markets, and the fallacy of a “Foreclosure Wave” in the nation, regardless of who is nominated in the Presidential election. Sean defines the judicial and non-judicial markets and all of the distractions that have slowed down our recovery. He defends the MERS system, despite its flaws, because our current system is completely broken.

Prior to launching ForeclosureRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures. Leveraging 15 years in the software industry, Sean used technology as a key competitive advantage to build his successful real estate investment track record. Sean has always thrived in startup environments, and as such, became a key contributor at Xing Technology (acquired by Real Networks), ISI/GlobalCenter (acquired by Global Crossing), and Icarian, Inc.(acquired by Workstream, Inc.).

With his extensive experience in computers, software development, and business processes, Sean moved easily into VP and Director level positions in engineering, product management, sales, marketing and operations. Sean also served as President of the OpenMPEG Consortium, which brought together 32 companies to define industry standards for video on personal computers.

Direct download: cw-286-SeanOToole.mp3
Category:Podcast -- posted at: 8:23am EDT

Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.

He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.

Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.

Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Direct download: cw-285-KarlDenninger.mp3
Category:Podcast -- posted at: 8:10am EDT

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