Creating Wealth Real Estate Investing with Jason Hartman (general)

Today's Flash Back Friday comes from Episode 524, originally published in June 2015.

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him. 

Key Takeaways:

[2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason. 

[4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this. 

[9:15] What's the process if you want to get started in real estate? 

[16:35] Listen to the Creating Wealth podcast to get a free education on real estate.

[18:25] Please listen to episode 405 and learn how to read a property pro forma. 

[21:45] You learn a lot just by coming to one of Jason's live events. 

[29:45] Jason's business model is a simple one. They work on referrals and don't charge you a dime. 

[32:00] You can own property without an LLC, but please read Mark Kohler's book, What Your CPA Isn't Telling You.  

[37:35] You can have a good or bad tenant on any A, B, or C class property. 

[39:25] Last thoughts? Don't over think the numbers too much. We are here to help you through the process, all you have to do is start. 

Mentioned In This Episode:

http://www.jasonhartman.com/cw-485-real-estate-investing-chicago-jason-hartman/

http://www.jasonhartman.com/cw-508-market-profile-on-jackson-mississippi-with-market-specialist-brad/

http://www.jasonhartman.com/creating-wealth-255-memphis-foreclosure-profits/

http://www.jasonhartman.com/cw-405-how-to-read-a-property-pro-forma/

https://www.youtube.com/user/JHartmanRealEstate

http://www.jasonhartman.com/cw-514-client-case-study-with-philip-sullivan-in-the-atlanta-kansas-city-and-little-rock-real-estate-markets/

http://www.jasonhartman.com/cw-458-david-porter-platinum-properties-client-speaks-succesfull-income-property-investment-retail-shipping-us-economy/

http://www.jasonhartman.com/cw-459-client-case-study-70-units-fernando/

What Your CPA Isn't Telling You by Mark Kohler

www.MarkJKohler.com

Direct download: CW_1059_FBF_Fernando.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman is joined by his "brother" Dan as the two discuss the value networking. Dan (who Jason considers to be one of the best networkers he's ever met) gives some tips on how to break through to your networking targets, and how crucial the network becomes when recessions start affecting you.

Jason also goes over some new information he discussed in the previous episode, as he discovered how much money millennials are actually spending on rent and what that's led them to give up.

Key Takeaways:

[1:38] Is Jason the most experienced person in his field? Try and beat his roughly 10,000 deals

[5:32] The value of networking

[11:00] Always be conscious of the other person

[14:58] Millennials are spending 45% of their income on rent

[20:39] What has to give when the percentage of income is higher than before?

[23:41] The financial crisis was 10 years ago last week, and terrible advice is still being given

[26:16] In downturns, the people who get the bailouts and the most help are people with the high loan balances

[28:58] Your network is going to be even more important when downturns happen

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1058_Rents_Networking.mp3
Category:general -- posted at: 2:14pm EDT

Jason Hartman starts off this backward show with guest Scott, who's an attorney who will be speaking at the upcoming Profits in Paradise about asset protection. The two explore the benefits of a Series LLC and some best practices for asset protection. Then Jason goes solo and discusses where wage growth is happening in the US (and where it's not), and how trade wars and interest rates are connected right now.

Key Takeaways:

[3:25] What is a Series LLC and how can it benefit a real estate investor?

[6:43] The best asset protection you can get defeats lawsuits before they even start

[11:45] What kind of things will Scott be presenting in Hawaii?

[17:57] The first part of asset protection is financial privacy

[20:24] Real wage growth in Hispanic homes was more than 2x other households

[25:22] Looking at rent paid like your tenant was your employee

[28:18] The only linear market in the top wage increase list is Colombus, OH.

[29:40] Trade wars are keeping interest rates lower

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1057_Asset_Protection.mp3
Category:general -- posted at: 4:11pm EDT

Today's Flash Back Friday comes from Episode 705, originally published in July 2016.

Live events offer investors an opportunity to meet other investors who are successful using the long-term buy and hold strategy, to hear about real life examples of the acquisition process and to learn the tips and tricks which can make an investor’s life easier. This episode is full of useful information which is framed around real client questions including what were Jason’s biggest mistakes.   

Key Takeaways:

[11:00] Why did Jason choose real estate for his career of choice?

[13:19] Buy cash flow properties which make financial sense the day you buy them.

[19:35] Should you keep your property managers on a short leash by adding discretionary measures to your contract?

[26:56] What was the biggest mistake Jason made and how did it affect his life?

[34:02] Live events are a loss leader for us but they are beneficial for clients.

[36:18] Phoenix, Arizona is the site of the new event which includes a Q & A panel discussion and a best practices for acquisition example. 

[41:09] What are the top 3 qualities a real estate investor should possess or develop to be successful with the buy and hold strategy?

Mentioned in This Episode:

Jason Hartman

Jason Hartman University

JHart88 on Voxer

Direct download: CW_1056_FBF_Oliver.mp3
Category:general -- posted at: 4:06pm EDT

Today's episode features Jason Hartman himself explaining the dangers of identity theft and how it's changed over the years. We all know that sometimes our credit card numbers get stolen, but it's gotten much more sophisticated than that these days. Jason also explores the maladies that impact all economies and what the Fed is saying about our economy today.

Key Takeaways:

[4:24] Identity theft is much, much more than just financial theft

[9:18] It's easier to engage in identity theft and financial fraud than committing physical crimes

[16:37] What is money?

[20:22] The 3 basic maladies that happen in an economy throughout history

[24:10] The Fed tells us what to expect moving forward (hint: it's higher rates, slowly)

[27:05] When wage growth will start worrying the Fed & where Jason thinks you can look to see what inflation is really doing

[32:40] Will the Fed overdo it?

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1055_Jason.mp3
Category:general -- posted at: 5:45pm EDT

Jason Hartman takes aim at some important news in today's episode. The episode begins with a look at the first real wage increase in years, and how that may impact interest rates moving forward. Then Jason discusses his idea of "Economic Berlin Walls", jobless claims, communism vs capitalism, "Personal Keynesianism", and jobless claims.

Key Takeaways:

[1:18] Wage increases are contributing to rising interest rates

[3:39] The trade wars impact on interest rates

[8:14] Looking back at the times in his life when he was financially strapped, Jason realized that consumer goods used to be WAY more expensive than today

[12:17] Housing price increases are slowing

[15:04] States are building "Economic Berlin Walls" to try and keep their residents for tax purposes

[17:45] Jobless claims have hit a 49 year low

[22:45] Karl Marx, indirectly responsible for the death of 150+ million people thanks to his communist ideas

[28:19] Globalism may have hurt the American worker more than anything else

[36:25] "Personal Keynesianism": Where you prime your own pump by having access to easy credit

Websites:

www.JasonHartman.com/Start

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1054_Jobless_Wages_Prices.mp3
Category:general -- posted at: 4:22pm EDT

Today's Flash Back Friday comes from Episode 812, originally published in April 2017.

To start the show, two clients who bought properties at the Creating Wealth Seminar and Memphis Property Tour tell their stories of why they do business with Jason’s company. And, later a recording from the Venture Alliance Mastermind in Las Vegas with Jeff. Jeff details how he creates balance in his life and has a successful career.

Key Takeaways:

[1:27] Adam bought his 9th property during the Memphis Property Tour.

[4:32] A client who likes doing business with Jason’s organization because they provide a one-stop shop.

Las Vegas Venture Alliance Recording

[10:24] Jeff breaks things down into quarterly and daily goals.

[13:04] How Jeff strategically forms his 4 key goals.

[18:22] Meditation is a key component of successful people’s lives.

[22:23] The importance of teaching and growing every day.

[26:13] Choosing to create a leader, not a doer.

Mentioned in This Episode:

Jason Hartman

A Tale of Two Brothers Podcast

Venture Alliance Mastermind

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1053_FBF_Venture_Alliance.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman spends today discussing the future climate of home supply and mortgage rates as we move into a world of higher rates and greater inflation. Jason sees a future that involves more Adjustable Rate Mortgages (ARMs), people unwilling to sell because they aren't willing to give up their low interest rate, and how the housing market could become even more stagnant.

Then Adam talks with one of the lenders from the network to discuss where rates are today, if the Fed raising rates will impact investors, what things might impact rates in the next few months, and more.

Key Takeaways:

[2:56] Labor unions don't have the same cause/need today as they did when they were created and were desperately needed. Today we see technical tyrrany

[4:58] The popularity of Adjustable Rate Mortgages is set to increase

[8:25] An interest side effect to the way housing inventory and rate play out together

[12:10] Investors with mortgage assets are about to be seriously aided by Inflation Induced Debt Destruction

[14:58] Long low rate mortgages leads to a stagnant market with less price discovery because people don't want to give up their rates

Adam's Mortgage Minutes:

[19:35] Rates right now are in the high 5s

[24:04] The rise of quantitative tightening

[28:24] Any news items expected that could impact rates in the next 1-2 months?

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1052_Mortgages.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman has a check in for this client case study with Drew. Drew recently took charge of 6 homes in the Indianapolis market to self-manage, and has a nice story of increased profit to accompany it. After adjusting rents to meet market prices and getting rid of management fees and the like, Drew has been able to increase his monthly cash flow by around $1,300.

Drew explains to Jason how he's formed relationships with his tenants that have been incredibly helpful to his bottom line, the software he's using for management, and how much time it's actually taking him per month to manage his properties.

Key Takeaways:

[3:12] Where Drew has started self managing and why

[7:15] Drew put money into his property but came out ahead financially

[12:47] Always remember that your tenants are your customers

[18:07] Drew has raised his income by over $1,300 a month since he started

[23:37] How much is Buildium and why did Drew choose it?

[26:13] How much time per property is Drew spending a month? How long does a rent ready take?

[34:51] Just because you start self-managing doesn't mean you always have to. If you change your mind there's always another option

Website:

www.JasonHartman.com/Properties

Direct download: CW_1051_Drew.mp3
Category:general -- posted at: 2:47pm EDT

Today's Flash Back Friday comes from Episode 560, originally published in August 2015.

If you are in control of your life your kids do not talk back to you, you tell the waiter your food is subpar and you believe in every single word you say. If the aforementioned doesn’t ring true for you then you need to “grow a pair” and get your house in order. If you decide not to tell someone they are stealing your time and money at your business then by default you are condoning it. Larry believes you are providing people a service by telling them the truth. They need to experience the failure and the pain in order to allow them to learn from their mistakes. Keeping quiet doesn’t help anybody. 

Key Takeaways:

Jason’s Editorial:

 

[4:56] Is this the beginning of the economic meltdown

Larry Winget Interview:

[8:07] Entitlement is the biggest enemy to our society

[8:59] People need stronger opinions and need to stand up for them

[9:44] Living on the edge is what gets one into history books

[10:50] The “I have a pair” test 

[12:16] If you put up with something you condone it

[12:50] If you want to do the other party a service speak up about crappy service

[13:54] Peale’s “ruined by praise than saved by criticism” quote

[14:57] Ground your opinion and refuse to create drama

[16:14] I provoke people on purpose 

[17:33] Which is better having rabid fans or rabid enemies

[19:35] I can count on my haters, they buy my products 

[20:28] Numbness is a caused by a of lack of confidence in a speaker's’ faith in what they say 

[21:51] Businesses can grow a pair by refusing to tolerate thieves or 20% of their employees

[23:27] We expect more out of our government than we expect out of ourselves 

[25:21] Being in the middle is a safe place but it’s no fun

[27:12] Honest and open communication isn’t welcome in a world of political correctness

[28:44] I respect all opinions on my social media page 

[30:38] It’s not about changing somebody else it’s always about yourself

[32:49] Kid’s need to experience failure and friends need the truth

Direct download: CW_1050_FBF_Larry_Winget.mp3
Category:general -- posted at: 4:07pm EDT

Jason Hartman and Doug take today's episode as a chance to look at some key happenings in our world today. By now you've heard Jason discuss how there's a softening in prices at the top of the housing market that is likely to slowly trickle down into other price ranges, but Doug says there's another metric to look at that's also telling us a recession is headed our way.

With stocks on a 10 year run, we know it can't stay this way forever. Jason and Doug look at whether the US investor's propensity to demand immediate gains by companies may be hurting us against our foreign competitors. They also look at the upcoming Profits in Paradise event and what's happening in the short-term rental market.

Key Takeaways:

[2:07] Doug says there's a better sign of an upcoming recession aside from an inverted yield curve

[5:34] Trickle up poverty

[8:46] The rich have resources in the hard times (helping them get richer), the poor get hurt by them

[11:56] We're now on a 10 year run in the stock market, how much longer can we go?

[15:53] Asia's long term view for companies could be a problem for instant gratification that the US is plagued with

[19:14] Long economic expansions makes people forget that counterparty risk is real

[23:49] This housing slowdown is starting at the top and will work its way down

[26:36] What Doug is excited about for Profits in Paradise

[30:48] Where is all the additional demand for hotels and short-term rentals coming from?

[33:04] The best strategy for short-term providers

Website:

www.JasonHartman.com/Events

www.JasonHartman.com/Properties

Jason Hartman's Alexa Flash Briefing

The PropertyCast

Direct download: CW_1049_Doug.mp3
Category:general -- posted at: 5:32pm EDT

Today's show features Jason Hartman discussing some of the main stories in the news today. The first story is one of the reasons Jason created Commandment #3 (Thou Shalt Maintain Control), the next is a potential sign of a market slowdown from none other than the scandal plagued Wells Fargo, then the potential return of risky loans. Finally we wrap it up with a story on how California might make it even more expensive to live there.

Key Takeaways:

[2:09] Forgetting Commandment #3 can often be an expensive lesson and the biggest Ponzi scheme in the world

[6:52] Always think of opportunity cost when you have money sitting around

[12:20] A potential sign of a market slowdown from Wells Fargo

[16:49] The housing market is slowing from the top down and hasn't hit the type of homes that Jason's network sells

[20:44] Are banks starting to push risky loans?

[26:07] California is considering changes to Prop 13 and home requirements, which Jason believes would be devastating for real estate holders

Website:

Profits in Paradise

Jason Hartman's Alexa News Briefing

The PropertyCast

Direct download: CW_1048_Jason.mp3
Category:general -- posted at: 3:39pm EDT

Today's Flash Back Friday comes from Episode 571, originally published in September 2015.

Welcome to episode 571 of Creating Wealth Real Estate Investing. If you’re here it’s because you’re interested in creating or growing your wealth through real estate investing. And today’s episode is the perfect vehicle to help you do that.

One of our experts, Joe, joins us to give the down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. We also talk about whether or not you need an attorney to close a loan, the differences between technical refinancing and cash out refinancing as well as how many months’ of reserves you need.

This is expert advice free of charge! And it’s all here on today’s episode of Creating Wealth Real Estate Investing.

Quick answers in the lightning round to all of the most important financing questions. We dig in and ask prudent questions of Joe our financing guru. If you are looking to create your wealth through real estate investments this is the episode for you. Down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. Expert advice free of charge!

Key Takeaways:

Jason’s Editorial:

[1:23] Lender Lightning Round show

[1:58] The great Facebook debate

[4:29] Commandment #3 - Thou shalt maintain control

[9:28] Ric Edelman’s - 10 great reasons to keep a long term mortgage and never pay it off

[11:07] The supply chain of financial advisors

[15:40] It’s an amazing time to be alive

[16:18] The Chinese Government makes it easier to buy overseas assets

[18:40] Newport Rhode Island trip for Venture Alliance members and guests

Lightning Round:

[21:30] Inflation induced debt destruction

[22:15] Financing 10 properties per spouse through Fannie Mae

[22:53] Down payments vary - 5% down reduces your rate

[23:43] Financing through an LLC

[24:24] 1 loan, 1 property with vanilla residential financing

[25:45] Multiple inquiries about your credit score can lower it over time

[27:00] A LLC needs different insurance

[27:47] Is a power of attorney be sufficient to close the loan

[28:29] An attorney is not needed to close the loan

[29:57] A 2 year landlord history - Fannie Mae no, Freddie Mac yes

[30:56] The minimum credit score is 620 for the first 4 properties, 720 for 5-10

[31:50] Cash out refinancing on investment properties

[33:05] You can always finance your primary residence but different guidelines may apply

[34:21] Lenders need 6 months of reserves

[35:37] Offsetting the mortgage payment based on possible rental income

[37:42] Rental income loss

[38:38] Technical refinance or delayed financing

[40:22] 100% replacement cost needed in homeowners insurance

[44:37] Do your due diligence but beware of multiple credit checks

Website:

www.JasonHartman.com/Properties

Fruitcake Fraud

Direct download: CW_1047_FBF_Lender.mp3
Category:general -- posted at: 3:11pm EDT

Today's episode features Jason Hartman covering a wide range of issues. The topic of conversation ranges from the coming singularity, what it is, when we might see it, etc, then branches into more on the discussion about Automated Valuation Models (AVMs) and whether they're are the precursor to reckless valuations like we saw before the Great Recession.

Jason also looks at the unfortunate situation Venezuela finds them in, with both rampant inflation and a natural disaster on top of it creating serious issues for the citizens of the nation.

And finally Jason listens to some of his favorite investigative journalists work as he discusses why investigative jouralism is important and how it is connected to his 3 guiding principles.

Key Takeaways:

[3:07] The approaching singularity

[7:47] The database Jason was wondering about in relation to Automated Valuation Models exists with Fannie Mae/Freddie Mac

[10:05] Appraisers are a dying industry because the older ones are retiring and the hoops new appraisers have to jump through are hindering new hires

[11:45] Will AVMs cause reckless valuations to return?

[14:11] The IMF has announced that inflation in Venezuela this year alone has been 1,000,000%

[17:07] Asset price inflation is not a part of the inflation index in the USA, which is a big deal

[22:17] The 2 major problems of the humble single family home

[26:11] Investigative journalisms ties to Jason's principles of how you can't hear the dogs that don't bark, compared to what, and what gets rewarded get repeated

Website:

Profits in Paradise

Jason Hartman's Alexa News Briefing

The PropertyCast

John Stossel

Direct download: CW_1046_Jason.mp3
Category:general -- posted at: 11:29pm EDT

Jason Hartman welcomes his mom back to the show to discuss self managing properties and how to find the best deals when you have to make repairs. The two also talk about what kinds of addendum she's adding to leases recently, rising rents, job numbers and more.

Key Takeaways:

[2:12] Small business confidence at 35 year high

[5:38] Job numbers are not showing an impact from the trade wars

[8:14] There's legitimate wage growth for the first time in 4 decades, which is great for all Americans (and our economy)

[10:33] Jason's mom has been able to raise 4 of her tenants rent by $100 a month

[13:03] Have tenants have changed over the years?

[16:10] How his mom gets good deals and aligns the tenants interest with her own

[20:12] "You get what you pay for" is not true for much (if anything) in life

[24:14] The kinds of clauses Jason's mom is putting in her leases to protect herself from unruly tenants

[29:24] How to build a great relationship with your tenants

Website:

www.JasonHartman.com/Properties

www.Zumper.com

Direct download: CW_1045_Joyce.mp3
Category:general -- posted at: 1:42pm EDT

Today's Flash Back Friday comes from Episode 568, originally published in September 2015.

The sharing economy will certainly change the game in the manufacturing sector but we do not yet know what affect it will have. Considering the normal adaptation lag time and the conversion nuances of each new innovation real estate investors must watch closely as the upcoming game changers come to fruition. Major economic indicators such as unemployment rates and the housing market will be closely monitored. Real estate investing may be entirely different than it is today. 

Key Takeaways:

[2:01] How real estate investors can design their portfolios in the current govt. environment 

[3:24] 3 Cardinal rules of real estate - Location, location, location

[3:57] What is the labor content fallacy or the zero sum game

[5:11] Proving Supply side economics or trickle down economics

[6:25] Looking at economics by way of technology 

[8:09] The self driving cars will hurt high value land owners

[9:06] An audio clip about self driving cars

[10:41] Automotive Industry experts expect an 8 year replacement cycle

[11:28] The average car is used only 4% of the time 

[12:45] How will autonomous driving services affect the auto industry

[14:38] A game changer for real estate

[15:33] Naresh is skeptical about the dates

[18:00] The typical city or town is 40% parking 

[19:11] Will people need to get in a car and go to work

[21:36] A safety app 

[22:34] Will there be high unemployment or will technology fill in the gaps

[25:21] Digital goods basically exhibit a zero cost of production 

[28:01] Real estate investors normally don’t consider what the future may hold

[29:25] Jason’s private mastermind group, Venture Alliance’s Newport Rhode Island trip 

Mentions:

Walk me home app

Medium

WhatsApp

JasonHartman.com

Venture Alliance Mastermind

Direct download: CW_1044_FBF_Naresh.mp3
Category:general -- posted at: 4:24pm EDT

Today's episode is all Jason Hartman, as he goes through several of the big (real estate) news stories of the day. First there's a new development at the US Department of Housing & Urban Development that could increase housing availability and reduce home values (at least in the short term).

Then listen in as Jason tells the current story of his commercial property refinance and all the bumps (and fees) that come with the arduous process.

Finally we get to the Fed and interest rates. Jason takes a look at some of the Fed's moves from the past, how they have changed their original charter, and what's happening with interest rates because of that.

Key Takeaways:

[3:17] There's a homelessness crisis in many cities around the country

[6:39] The Department of Housing and Urban Development is trying a new tact that may have a slight downward pressure on real estate values

[11:18] HUD is changing the way it determines how communities are enforcing the fair housing act, including relaxing zoning restrictions

[15:51] The adventure that is Jason's apartment re-finance

[21:03] Cyclical markets are cooling but linear markets are still booming

[26:02] The Fed was supposed to be control the quantity of money, but they morphed into being in charge of interest rates

[29:04] A basic reason to raise interest rates

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Jason Hartman's Alexa News Briefing

The PropertyCast

Direct download: CW_1043_HUD_Refinance_Interest_Rates.mp3
Category:general -- posted at: 4:52pm EDT

Jason Hartman starts today's show off back in the car with Carmen discussing some news he's seen recently. Inflation continues to creep up, apparently into the range that makes Central Banks happy, but Jason wants to know why we even have to see inflation, and explains what impact that will have. He also discusses the changes in America (and the history of marketing) that turned us into a consumer spending economy and the squeeze on American manufacturers currently happening.

Then Jason finishes his interview with Dr. Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, as the two wrap up their conversation about Automated Valuation Models (AVM). This time the two discuss the wide range of uses AVMs have, how they're going to be changing moving forward, and how short-term rentals are impacting housing markets across the country.

Key Takeaways:

[5:07] Inflation is rising into the range the Central Bank deems "healthy"

[8:39] America is the land built on consumer spending

[12:36] American manufacturers are running low on parts

Dr. Andy Krause, Part 2

[15:35] What the AVMs do outside of simply valuing individual homes

[17:56] The future of AVMs

[21:15] The effects of the short-term rental market on the overall housing market

Website:

www.GreenfieldAdvisors.com

www.AVMAnalytics.com

www.JasonHartman.com/Events

Jason Hartman's Alexa News Briefing

The PropertyCast

Direct download: CW_1042_Andy_Krause2.mp3
Category:general -- posted at: 12:46pm EDT

Jason Hartman starts today's episode with Venture Alliance Member Carmen as the two discuss the possibility of "vacation saturation", what the change in repayment of Jason's loans might mean for the housing industry, as well as labor shortages being experienced in the housing sector.

Then we have part 1 of Jason's interview with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down.

Key Takeaways:

[4:55] Reaching the point of vacation saturation

[10:05] An insiders sign on the direction of the market

[14:35] There is a massive labor shortage in construction and wages are going up

Dr. Andy Krause Interview:

[18:27] The biggest AVM people know about is Zillow

[19:28] The science (and accuracy) behind current AVMs

[22:22] 2 things that are stopping a database from happening that would significantly improve appraisals

[26:52] How does the AVM come up with a value?

Website:

www.GreenfieldAdvisors.com

www.AVMAnalytics.com

www.JasonHartman.com/Events

Jason Hartman's Alexa News Briefing

The PropertyCast

Direct download: CW_1041_Andy_Krause1.mp3
Category:general -- posted at: 8:28pm EDT

Today's Flash Back Friday comes from Episode 490, originally published in March 2015.

On today's Creating Wealth introduction, Jason invites Memphis and Little Rock market specialist, Jeremy on to the call. Jeremy talks about his interest in physics and what's going on in these two real estate markets right now. Jason invites Peter Sage from Extreme Entrepreneur to be today's Creating Wealth guest. He is a serial entrepreneur who started his first business at 17. Fernando also joins as guest co-host with Jason and the two ask Peter a series of insightful questions. On the show, Peter shares insight as to why he had a drive to become an entrepreneur, how to find your passion, your why, and much, much more on today's episode. 

Key Takeaways:

2:30 – Jeremy talks about the double split experiment in physics. 

13:20 – What's currently going on in the Memphis and Little Rock market? 

18:30 – Jason introduces Peter Sage and Fernando on to the show. 

28:30 – Get in touch with what you're passionate about. Ask yourself questions about your life purpose. 

39:40 – Why is it that some people struggle to change and others don't? Peter explains. 

61:30 – How do we prevent ourselves from falling back into the same old routine? 

68:20 – Peter talks about his purpose and his why. 

73:20 – Peter talks about his space-based solar power energy project that he started. 

78:30 – Pharmaceutical companies are not interested in curing diseases, they only want to maintain them. This current medicine model has to change. 

 

Direct download: CW_1040_FBF_Peter_Sage.mp3
Category:general -- posted at: 3:57pm EDT

Jason Hartman starts today's episode from the Money Museum, on location at the Kansas City Fed with KC LMS Dave. The two discuss the Kansas City and the Quad Cities rental markets, what you can get for your money in each and what to expect area wise.

Then Jason finishes his interview with family office expert Richard Wilson as the two discuss how much money it takes to make a family office, the importance of integrity in business and investing, and which niche domination can be a good strategy.

Key Takeaways:

[2:58] It only takes 24 minutes to print 10 million new $100 bills

[7:00] What are the Quad Cities and what is the market like there?

[11:23] The types of repairs being done on Dave's properties to make them turnkey

[14:39] The cost of rehabs have gone way up over the past 7-10 years

[16:37] Dave's advice for what type of property is the best for an out of area investor

Richard Wilson Interview:

[21:34] The net worth you need to make a family office worthwhile

[25:20] Niche domination as a strategy

[29:20] If you don't have a focused approach to investments, and don't do things highly intentional, you'll never have synergy

[31:20] You need to have a dashboard and compass as to where you want to go, and it needs to be documented

[33:52] Everything in your life and business needs to have integrity

Website:

www.FamilyOffices.com

Direct download: CW_1039_Richard_Wilson2.mp3
Category:general -- posted at: 8:50pm EDT

Jason Hartman takes some time today to discuss the yield curve and how it's telling us that a slow down might be on the horizon. He goes through the 3 different types of yield curves and the impact all 3 can have on the economy. Negative interest rates are also explained and Inflation Induced Debt Destruction rears its head again as well. Also, don't forget to subscribe to the PropertyCast and get all the new properties first year pro formas straight through your podcast platform!

Then, in part 1 of the interview, Jason Hartman talks with Richard Wilson, a family office expert, about what we can learn about investing by looking at what centimillionaires are doing.

Key Takeaways:

[4:29] What's going on with the yield curve?

[9:38] Some back of the napkin calculations on negative interest rates

[14:28] The 3 different types of yield curves

[18:14] Signs of a turn showing in Orange County

[21:59] When the market cools the service providers will become a little more grateful and conscientous

Richard Wilson, Part 1

[25:15] Some of the business practices used by centimillionaires

[28:58] What a family office really is, and why it's a thing

Website:

www.FamilyOffices.com

The PropertyCast

Direct download: CW_1038_Richard_Wilson1.mp3
Category:general -- posted at: 3:00pm EDT

Today's episode is about one short, simple, beautiful word: DEBT. Fresh off reading/listening to George Graeber's Debt: The First 5,000 Years, Jason delves into the subject matter head first, playing some clips from the book and discussing them in regards to today's world.

Key Takeaways:

[4:34] The recent history of the rotation of the worst big bank in America, Wells Fargo is currently in the lead and had a computer glitch make hundreds lose their homes

[10:06] Why the housing market is actually different this time around

[15:10] Some samples from Debt: The First 5,000 Years

[25:45] It's incredible how throughout history, conquering nations make money by going in, making "improvements" and forcing the newly conquered people to pay for them, or by making them pay back the money the conquering nation spent defeating them

[30:05] The 60s and 70s featured a time where America was prosperous and people were getting cost of living raises and , followed by decades of stagnant wages until Donald Trump

Website:

Debt: The First 5,000 Years

www.JasonHartman.com/Properties

The PropertyCast

Direct download: CW_1037_Debt.mp3
Category:general -- posted at: 6:46pm EDT

Today's Flash Back Friday comes from Episode 598, originally published in November 2015.

Self-management tools often boast ease of use and shortcuts to save you time but don’t always deliver. Cozy and Landlordology are property management tools which offer end to end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters qualifications then sign up for Cozy today.

Key Takeaways:

Jason's Editorial:

[1:20] What time is it? It's an amazing time to be alive

[2:44] Income investment strength versus deflation

[5:00] Deferring your tax liability

[7:02] Inflation induced debt destruction

[9:03] Debt transfers wealth from the lenders to the borrowers in an inflationary environment

[10:33] What gets rewarded, gets repeated

[10:57] Deflation makes debt more burdensome

[13:40] Use the voicemail feature at Jasonhartman.com for your questions

[14:09] Sign up for the Meet the Masters event in Dubai

Lucas Hall Guest Interview:

[16:27] Lucas teaches managers how to manage their own properties

[18:23] You need to get your message out there - try postlets

[19:56] Hire a real estate photographer for great photos of your property

[24:44] Going over your general requirements before meeting at the property will save time

[26:04] A 2-year lease provides extra security for the tenant

[27:34] What is a landlord’s open house?

[29:28] Possible new tenants can submit an application as soon as they leave the property viewing

[31:20] Cozy is an end to end property management platform

[35:09] Rent collection can be difficult for property managers

[40:47] Property managers can garnish wages to collect back rent

[41:51] Automating your rent collection will make it easier for owner and tenant

[42:39] Resources are available on Landlordology.com

Mention:

JasonHartman.com

Venture Alliance Mastermind

Landlord Ologist

Cozy

Craigslist

Postlets

Circlepix

Click Notices

Direct download: CW_1036_FBF_Lucas_Hall.mp3
Category:general -- posted at: 5:24pm EDT

Jason Hartman starts off today's episode with a tale of his current lawsuit and the experience it's given him with the legal system. The way our current system is set up nobody wins, and there doesn't seem to be a lot of accountability going on either.

Jason also plays some Voxer messages from client Drew Baker about his recent experiences doing self management. After that Jason finishes up his interview with podcast producer Adam Schroeder. This time the two discuss finding repair people, what to expect from property management software, whether to allow grace periods and what kind of late fees to charge.

Key Takeaways:

[1:57] Nobody wins in our current legal system

[6:04] Get the latest properties available from Jason through the PropertyCast

[7:38] Drew's experience self managing

Adam Schroeder Interview:

[13:32] You should have a clause in the lease stating which repairs the tenant is responsible for

[17:58] What to expect from property management software

[22:01] The importance of an increasing late fee

Website:

www.JasonHartman.com/Properties

www.FreeCourt.com

The PropertyCast

Direct download: CW_1035_Adam_Schroeder2.mp3
Category:general -- posted at: 4:55pm EDT

Returning guest Adam Schroeder joins Jason Hartman for this episode, as the two discuss the steps for transitioning from professional management of rental properties to self management. Adam and his wife have 3 (going on 4) properties and are thinking that the time is soon coming to venture out on their own. But before doing that there are some important things to do like what information to get from your property manager, what kind of initial contact to have with the current tenant, finding forms and contracts when you're finding/reupping tenants, pet rent, and more.

Key Takeaways:

[3:36] Why Jason loves a good recession

[8:29] Jason's been involved in around 10,000 real estate transactions

[13:08] Sometimes removing a property manager actually makes things easier

[16:27] The information you need to get from your current property manager if you're going to make a switch

[21:26] A way to change your relationship with your property manager rather than completely ending it

[24:09] Bad property manager reviews on sites like Yelp might be a good thing, that's why you have to read them

[29:23] Insurance: individual policies or a commercial policy?

Websites:

www.JasonHartman.com/Properties

www.WeGoLook.com

www.NoLo.com

www.RocketLawyer.com

www.Buildium.com

Direct download: CW_1034_Adam_Schroeder1.mp3
Category:general -- posted at: 5:38pm EDT

Jason Hartman starts today's episode from Germany, on his way back to the land of capitalism, and he couldn't be happier. After nearly a month in Europe seeing the effects of socialism, Jason's ready to get back to the land where people are more motivated and innovation is more apparent. When governments get involved in picking the winners and losers, nothing good comes out of it, and Jason wants to see America avoid the fate of Europe.

Then Jason finishes his interview with Dr. Nima Sanandaji, originally begun in episode 1028. The two wrap up the interview discussing where the ideas for Adam Smith's "Invisible Hand" really came from, how the Nordic society actually ended up being socialist (and why it doesn't work in the places it's being tried now), and the dangers of government growth.

Key Takeaways:

[2:48] Things in Europe are smaller and not as good of quality. We shouldn't become more like Europe, Europe should become more like the USA

[5:54] The government needs to get out of the business of picking winners and losers

Dr Nima Sanandaji Interview:

[8:20] Adam Smith's "Invisible hand" had been described in China and the Middle East thousands of years earlier

[11:36] Capitalism: the most successful "religion" of all time?

[14:56] The poor immigrants who left the Nordics for America have descendants that are much better off than those who stayed

[18:55] Governments can't shrink down. Once they bloat they collapse under their own weight

[21:57] The Western world needs to learn from history and go back to free market economic policies with minimal government

Websites:

www.JasonHartman.com/Events

www.Capitalism.global

Direct download: CW_1033_Nima_Sanandaji_2.mp3
Category:general -- posted at: 8:20pm EDT

Today's Flash Back Friday comes from Episode 653, originally published in March 2016.

Jason’s mom will be attending the upcoming Venture Alliance Mastermind trip to Jekyll Island. She decided to prepare herself by reading the updated version of The Creature from Jekyll Island again. She and Jason review sections of the book and discuss the insanity which is the Federal Reserve and how the entity came to be. You are invited to join Jason and his mother on the Jekyll Island trip as a Venture Alliance member or as a guest. If you attend you will experience a piece of American financial history and possibly have your coffee disturbed by a famous hotel ghost.

Key Takeaways:

[3:47] Jason’s mother’s assessment of the book “The Creature From Jekyll Island” and the history of the Federal Reserve. 

[12:27] The ghosts of the Jekyll Island hotel do more than drink the guests coffee, they pick pockets too.

[18:28] Past podcasts guests, Chris Martenson and Bill Bonner agree, the Federal Reserve system is convoluted.

[22:38] We all easily pay 60% or more of our income to some sort of tax.

[32:36] Listeners must see the 99 Homes, The Big Short and Life and Debt documentaries.

[34:11] The government can tax people through taxes or inflation, which is the hidden tax.

[40:06] When you invest in income property you align yourself with the Federal Reserve.

Websites:

Jason Hartman

Venture Alliance Mastermind

Direct download: CW_1032_FBF_Jason_Mom.mp3
Category:general -- posted at: 11:52am EDT

Jason Hartman talks with Patrick Parry, Orange County realtor & former investment counselor, about what signs Pat is seeing in the Orange County market that give him pause when it comes to the housing market. Days on market have escalated (some rather significantly) in every price bracket, and inventory continues to increase.

The two also discuss commercial real estate, and how it's a totally different game (with significantly less room for error) than residential real estate.

Key Takeaways:

[5:17] Signs the housing market is cooling?

[7:29] Time on market has doubled as inventory increases

[13:42] The difference in the landlord/tenant relationship of residential vs commercial real estate

[18:58] Jason has been flat out lied to by commercial landlords

[21:14] You do not have protections in the commercial real estate world, you better have good lawyers and great research

[23:25] Commercial investors have a very high tolerance for loss due to vacancy

[29:07] The increase in home days on market based on sales price

[33:01] People are always looking in the rear view mirror when it comes to markets, except sellers, they're often banking on the greater fool theory when they price their wares

Website:

www.PatParryHomes.com

Direct download: CW_1031_Pat_Parry.mp3
Category:general -- posted at: 12:59pm EDT

In today's intro Jason Hartman looks at a few signs in the real estate market that aren't so rosey, as well as adjusting the Brady Bunch house for inflation and seeing how real estate holds up against it (and why linear markets are the better bet for steady appreciation).

Then, in today's 10th episode, Jason talks with Dr. Robert Whaples, Professor and Chair in the Department of Economics, Wake Forest University and co-editor and managing editor of The Independent Review. The two discuss the current Pope's world view and the nature of the Catholic church today.

Key Takeaways:

[2:21] Are there signs of upcoming trouble? There's definitely been a slow down in the higher end markets

[6:11] The Brady Bunch house is for sale, what's it selling for (and compared to what)?

[10:14] Linear markets give you more consistent appreciation than cyclical markets

Dr Robert Whaples Interview:

[14:17] What is Pope Francis' world view?

[18:42] How the economy is connected to the environment in the Pope's world view

[24:21] Do we need environmental regulations and taxes?

[26:08] Have we just exported our pollution?

[31:24] Where does the Catholic church come in on the uneven playing fields of markets and oligarchies

Website:

www.Independent.org

Direct download: CW_1030_Robert_Whaples.mp3
Category:general -- posted at: 12:29pm EDT

Today's Flash Back Friday comes from Episode 665, originally published in April 2016.

Just last year Greg Saylor was a corporate software engineer looking for a reliable investment strategy. He found the Creating Wealth podcast and listened during his long commute. He decided to pick up the phone and call one of Jason’s investment specialists. It’s now six months later and Greg has six income properties earning him $4000.00 in monthly income. His due diligence partnered with the extensive data resources available on JasonHartman.com have allowed him to get a step closer to financial freedom. 

Key Takeaways:

Jason’s Editorial:

[4:01] What is your motivator? Do you expend more energy to conserve than to gain?

[12:39] Hartman Education is having a big 2-week sale! 

Greg Saylor Guest Interview:

[18:57] Was it the Creating Wealth podcast that got Greg interested in real estate investing?

[26:29] The acquiring of the properties had the most components, everything else is pretty straightforward. 

[27:49] Greg shares the details his first income property deal including the flaws.

[35:53] A certain percentage of risk is acceptable as long as you have a solid portfolio.

[40:06] Property taxes are one factor which is that varies greatly from market to market.

[45:18] Some rules for new investors to follow are to plan for additional expenses, be conservative on your numbers and have a reserve fund.

[48:07] The debt to income ratio is an important factor in financing.

Websites:

Jason Hartman

Hartman Education

Property Tracker Software

Direct download: CW_1029_FBF_Greg_Saylor.mp3
Category:general -- posted at: 3:56pm EDT

Jason Hartman starts today's episode from Naples, discussing how, despite what you may think, the demise of America is greatly overstated when you start asking the question "Compared to what?". He also brings a morsel of hope to real estate investors, as housing inventory is showing signs of increasing and home owner equity is at an all time high (but fewer owners than ever are stripping that equity).

Then, in part 1 of the interview, Jason talks with Dr Nima Sanandaji, author of the new book The Birthplace of Capitalism - The Middle East, about how capitalism originally began in what is now Iran and Syria, and how the golden age of the Middle East was during the times of capitalism.

Key Takeaways:

[1:46] Think the US is in decline? Well, compared to what? Because Europe isn't doing that great either

[7:41] Keep everything in perspective when you think your problems are huge

[13:00] Inventory could increase a bit in the near future

[16:03] Home owners have an estimated $5.8 trillion in accessible home equity, but fewer are taking cash than in previous eras

Dr Nima Sanandaji Interview:

[19:16] Birthplace of capitalism (the original form) was in what is now Iraq and Syria

[22:36] The golden ages of human civilization in China and India was driven by capitalism

[26:33] The ancient Persians were very free market oriented

[29:52] The irrigation for the Middle East was paid for by farm collectives, not the government, spurred on by strong private property rights

[33:27] Cyrus the Great believed the government's only role was to maintain private property and voluntary contract

Website:

www.JasonHartman.com/Properties

www.JasonHartman.com/Events

www.Capitalism.global

Direct download: CW_1028_Nima_Sanandaji.mp3
Category:general -- posted at: 6:36pm EDT

Jason Hartman is joined by Venture Alliance member Carmen today in Naples, as the two discuss the importance of music on society (and why it might be more important than monetary control), why complaining is actually important, and some good book recommendations for those interested in learning more about the economy and real estate.

Jason also explores the current single family rental demand and what the demographics are looking like for the next 10 years.

Key Takeaways:

[2:50] North Korea is sitting on $6 trillion of mineral assets

[8:07] Give Jason control of the music and he cares not who controls the money or makes the laws

[11:46] You have to be a complainer when people wrong you

[15:31] Some good books Jason recommends

[20:44] No place on Earth or time in history has big, intrusive, high tax, government burden made life better for citizens

[25:02] Single family demand: 57% of renters are renting single family houses

Website:

www.JasonHartman.com/Properties

Profits in Paradise

Direct download: CW_1027_Jason_Hartman.mp3
Category:general -- posted at: 11:47pm EDT

Today's Flash Back Friday comes from Episode 785, originally published in January 2017.

During today’s episode, Jason shares his appreciation for the ability to self-manage rental properties and the dis-intermediation of single family home sales. The Chief Product Officer for Key Please, Adam Lorentzen joins Jason to describe the sought after service of landlord free, self-showings of rental properties. The Key Please business model focuses on automating the self-management process for owners as well as making the process as easy as possible for renters.  

Key Takeaways:

[1:34] Self-managing a property from a distance is possible

[4:16] Wall Street Journal article “Blackstone Wins Fannie’s Backing for Rental Home Debt”

[7:20] President Trump has a lot of energy and will be good for the American economy

[11:21] We will soon see the easing of landlord problems

Adam Lorentzen Guest Interview

[16:05] Key Please helps owners automatically self-manage their properties with 3 tools

[21:33] Adam is surprised by the number of users embracing the Key Please service

[23:42] Adam describes the process for the renter and the property owner

[29:10] The simple hardware has a deeper level of security than wifi or cell-based systems

[31:56] People who view the properties can provide anonymous feedback

[33:20] This service is for property owners who want flexibility in how they manage their properties

[36:51] Key Please wants to assist small property owners and renters in the near future

Website:

www.JasonHartman.com/Properties

www.Twitter.com/AdamElevate

Direct download: CW_1026_FBF_Divyesh_Panchal.mp3
Category:general -- posted at: 4:00pm EDT

Jason Hartman starts off the show from Croatia discussing the difference in investing when there are private companies involved versus when the government is involved. With private companies you know what you're going to get, they're going to follow supply & demand and try to maximize profits. With governments, however, they're much more of a wild card, which can make successfully investing more difficult.

Then Jason talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.

Key Takeaways:

[2:53] You can predict what private companies will do pretty easily, the government is a wild card

[6:39] An invitation to Profits in Paradise in Hawaii

Bill Janeway Interview:

[9:32] How the thesis of the 3 player game came about

[13:29] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy

[17:22] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened

[19:26] Wherever there's a market for assets there will be bubbles

[25:10] Why the digital revolution made Bill extend his book

[32:09] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution

Website:

www.JasonHartman.com/Events

www.BillJaneway.com

Direct download: CW_1025_Bill_Janeway.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman does episode 1024 from the bow of a yacht outside of Croatia with Venture Alliance member Carmen. The two discuss inflation's impact on everything from our savings to our real estate, how to deal with trolls in business (and the lawsuits that inevitably follow), and the need for a side hustle.

In the second half of the show Carmen and Jason discuss her Amazon business, which includes how Carmen sources product, the trials of selling on Amazon, and how your business should evolve over time to stay relevant.

Key Takeaways:

[6:13] Inflation destroys the value of our savings, but thankfully it also destroys our (real estate) debt too

[9:41] Technology is making office and retail real estate almost irrelevant

[12:44] Why Jason let someone not pay him on a note for 11 years

[16:10] Are patents even worth it these days with the speed of the world?

[20:58] Life is messy, it's how you handle it that's important. Stay away from the get rich quick stuff.

[25:15] Get a side hustle if for no other reason than to have more tax writeofffs

[31:28] You have to evolve with your business

[36:41] Outlets like Amazon have allowed control of the marketplace to leave board rooms and let individuals call the shots

Website:

www.CBAccessories.us

www.JasonHartman.com/Events

Direct download: CW_1024_Carmen.mp3
Category:general -- posted at: 11:46am EDT

Today's Flash Back Friday comes from Episode 783, originally published in January 2017.

Jason’s guest, Patrick Donohoe is the CEO of Paradigm Life. Paradigm Life is an insurance-based financial services company. Patrick shares his thoughts on the recent political changes and how the U.S. economy will be affected, he shares his thoughts on the new administration with a high-level worldview and he recalls his recent experience at the Meet the Masters of Income Property event in California.

Key Takeaways:

[3:05] The caliber of people at the Meet the Masters of Income Property event was a high point

[5:52] Foxconn will bring manufacturing back to the U.S. due to Trump’s business savvy

[12:28] Patrick doesn’t believe charity to foreign nations is in the best interest of the U.S.

[16:23] It will be fascinating to see how Trump deals with the past, present and future

[20:49] Trump will inject adrenaline into the U.S. economy

[23:50] Paradigm Life is an insurance-based financial services company

[28:18] A stock market rally is a short-lived business cycle

[30:51] Patrick describes how he makes the right investment and performs due diligence when acquiring properties.

Website:

www.ParadigmLife.net

www.JasonHartman.com/Properties

www.VentureAllianceMastermind.com

Direct download: CW_1023_FBF_Pat_Donohoe.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older.

Key Takeaways:

[2:41] Why Jason has long believed the idea of public unions is ridiculous

[6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone

[9:54] Mason's question on renting his primary residence

[18:42] RV Ratios apply world wide

[19:23] How is depreciation unwound?

[24:58] Is it wise to put 100% down on a property if you have the cash?

Website:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

AIPIS 207 -Prices, Rents, and Interest Rates

Direct download: CW_1022_Kerry_Lutz_Q-A.mp3
Category:general -- posted at: 6:50pm EDT

Jason Hartman spends the episode talking with Kerry Lutz, founder of the Financial Survival Network, as the two discuss the ever important issue of preparing for the NEXT recession (because we all know there's going to be one eventually). The two discuss the importance of using debt prudently, how the banks were active participants in the mortgage meltdown, how to find true asset prices, and more.

Key Takeaways:

[7:45] Planning for the next recession

[13:06] We are in a boom economy, so what do we need to be reminded to watch out for?

[16:59] Check your home insurance renewals carefully

[24:13] Debt is your friend, and if managed properly it always offers options

[28:24] The banks are active participants, not victims, in these mortgage meltdowns and recessions

[34:21] If the lending dried up in any asset class the price would adjust to the real market value

Websites:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

HS 267 - How to PROSPER! As the World Falls Apart with Chris Martenson

Direct download: CW_1021_Kerry_Lutz.mp3
Category:general -- posted at: 4:36pm EDT

Today's Flash Back Friday comes from Episode 640, originally published in February 2016.

Jason starts things off with his thoughts on cycles of opportunity, autonomous cars, and information about how you can win free tickets to the next JHU event. The JHU event will highlight how to evaluate properties for the most historically proven asset class in the world. And returning guest, Dan Millman who is the author of 17 books, talks about his new book “The Four Purposes of Life”. He shares his special life calculator which utilizes the numbers from your birth date to enlighten you about your life path. This information can help guide you on your journey.

Key Takeaways:

[4:32] The opportunity cycle when supply exceeds demand requires sorting

[10:00] The autonomous cars will be virtually everywhere, it’s a game changer

[14:45] The problem with statistics

[18:57] Land contract options available

[21:15] Evaluating properties at the next Jason Hartman University Live event 

Dan Millman Guest Interview:

[24:25] Writing The Four Purposes of Life

[26:29] What are the Four Purposes of Life?

[28:56] Purpose #4 - Attend to the arising moment 

[34:15] Increase your quality of presence

[35:55] Purpose #1 - Learn the lessons of life a little more gracefully

[39:51] Purpose #2 - The difference between your career and your calling

[43:04] Purpose #3 - Discover life’s path

[47:45] All of my books have their own purpose

[48:25] 12 required courses in the school of life 

Mentions:

Jason Hartman

Way of the Peaceful Warrior

Insurance.com

Property Tracker

Property Evaluator App

The Four Purposes of Life

The Way of the Peaceful Warrior

The Creative Compass

Life Purpose App

A Life you Were Born to Live

Everyday Enlightenment

Direct download: CW_1020_FBF_Dan_Millman.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman has a solo episode today as he explores some recent news stories and examines a few items of the day. Venturing all over the topics, Jason mulls over why it's pretty common for the most popular economists to have the worst economic ideas (a la Karl Marx) and why the best economic ideas have the most disliked economists. Which leads to the question, what stupid ideas are we as a society embracing today?

He also discusses the Supreme Court ruling that will somewhat level the field of retail as online retailers are now able to be taxed by the states, giving at least some form of a light at the end of the tunnel for retailers.

Other topics of the day include the cost of terrorist protection, technology vs inflation, preventing identity theft, and the potential beginning of the demise of a massively overvalued (in Jason's mind) company.

Key Takeaways:

[4:54] The economists who present the best economic views are not the most popular

[7:39] What totally stupid ideas are we embracing as a society today?

[13:08] One massively overvalued publicly traded company today

[16:39] The tax field was significantly leveled last week

[21:14] The battling forces of inflation and technology

[24:22] Why you need to shred EVERYTHING with a cross cut shredder

[26:45] If you can geoarbitrage, make a conscious choice to live in a higher quality location with a lower cost of living and low or no state income tax

[32:57] The demographics coming at the rental housing market in the next 10 years are nothing short of phenomenal

Website:

www.JasonHartman.com/Properties

Direct download: CW_1019_Jason_Hartman.mp3
Category:general -- posted at: 12:00pm EDT

Today's episode is all about jobs. Jobs that are vanishing to be precise. Jason Hartman takes a look at a Business Insider article that discusses 41 jobs that are disappearing in today's world. Not surprising, many of them involve middle men/women.

Then Jason finishes his interview with Ben Way, CEO of Digits, about how technology (robots in particular) will be changing the way we think of things throughout our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?

Key Takeaways:

[3:47] Real estate investing is really just investing in packaged commodities

[8:31] One of the jobs that is going away is Executive Secretaries and Executive Admin Assistants, and why it matters to real estate investors

[13:09] Technology makes it easy to disintermediate, leading to middle man jobs going away

Ben Way, Part 2

[18:59] How do the logistics and hard drives of robots work?

[22:10] The plethora of information is making kids more risk averse

[25:51] The two things we get wrong when it comes to education

Website:

www.RainmakersGlobal.com

Direct download: CW_1018_Ben_Way2.mp3
Category:general -- posted at: 4:38pm EDT

Today's Flash Back Friday comes from Episode 491, originally published in March 2015.

Jason invites Diane Kennedy on the show to talk about taxes and how to save you money. Diane is an experienced CPA and helps her clients all over the world with their taxes, accounting, and investing. The main subject of today's focus is why you should get real estate professional status, the benefits it provides, and what you need to do in order to qualify. 

Key Takeaways:

2:40 – The government takes a big cut whenever you sell stocks and precious metals, but that doesn't happen with income property

7:40 – Diane explains what the charitable remainder trust is

13:05 – There are three tests you need to qualify in order to get the real estate professional status

20:00 – What is the an aggregation election? Jason explains

29:50 – If you have a property manager, it's going to be hard for you to qualify. It is best in this case to self-manage your properties

34:15 – This stuff is complicated! Get advise from a good CPA and attorney before it's too late

36:00 – Why do you even want to get real estate professional status? Jason breaks it down

42:30 – The government wants you to own property. They are even incentivizing you for it

Website:

www.USTaxAid.com

Direct download: CW_1017_FBF_Diane_Kennedy.mp3
Category:general -- posted at: 1:04pm EDT

Jason Hartman starts off the show by discussing alligators, both real life ones and real estate ones, and how we need to avoid both. As we go through life, it's easy to look back and say "If only I'd invested then", so the current you should invest for the sake of future you.

Then, Jason talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society.

Key Takeaways:

[2:07] A trivia fact about real alligators, and avoiding real estate alligators

[5:07] The short term trends are what gets people, because you have to allow for 2-3 years

[10:19] Naresh's realization that real estate was a worthy investment

[14:11] Invest for your future because there will be a time that you will say "I wish I'd started back then"

Ben Way Interview, Part 1

[18:40] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency

[21:55] How the 1 year hedge is made possible

[26:10] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?

[29:42] What people forget about automation

Website:

www.JasonHartman.com/Properties

www.RainmakersGlobal.com

Direct download: CW_1016_Ben_Way1.mp3
Category:general -- posted at: 6:19pm EDT

Jason Hartman begins today talking about a recent article on Globe St that discussed the 7 ways Generation Z will impact the commercial real estate world. Jason also discusses how it also impacts residential real estate.

Then Jason finishes his interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss the lack of home inventory and why the loosening of credit regulations isn't going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live.

Key Takeaways:

[3:58] Education is the shortest distance between poverty and wealth

[6:56] Generation Z is going to bring the suburbs back

[12:27] What the shift back to suburbs will do to companies

Matthew Gardner Interview:

[16:58] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory

[20:09] Factors that could trigger the next business cycle recession and what the next recession might look like

[24:27] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?

[24:18] Millennials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

Website:

7 Ways Generation Z Will Change CRE on GlobeSt.com

www.Windermere.com/Economics

Direct download: CW_1015_Matthew_Gardner2.mp3
Category:general -- posted at: 12:00pm EDT

Today's Flash Back Friday comes from Episode 692, originally published in June 2016.

This episode starts out with an introduction on buy downs and then finishes up with a live recording of Jason’s session on SWOT aka Strengths, Weaknesses, Opportunities, and Threats, as they apply to the most historically proven asset class in the world. Jason explains why the imperfection and fragmentation of the U.S. real estate market make it a beneficial investment vehicle and why it outperforms Wall Street and stocks every single time.

Key Takeaways:

[2:50] What is a buy down?

[8:34] Looking at a real life example of points and how they affect your loan amount.

[16:07] Should you buy a rate down or is it better to put more money down?

[22:59] Why Wimpy from Popeye was a fantastic economic teacher.

[25:38] Real estate is a fragmented investment class but this is why it’s a good thing.

[38:59] Weaknesses of income property include property management and rent collection.

[41:45] Regression to replacement cost is different than appreciation.

[46:10] What are some threats to income property values?

Mentions:

Jason Hartman

Hartman Education

Direct download: CW_1014_FBF_SWOT.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman starts off the show giving President Trump credit where credit is due, and that's in regards to the summit in Singapore with North Korea. Trump has been able to get them to the negotiating table, which no other US president has been able to accomplish. Then, Jason gives a little warning about one of the scariest companies in the world today, Facebook.

In the interview portion today we have the first half of Jason's interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment. Part 2 of the interview will air tomorrow.

Key Takeaways:

[2:31] Give credit where it's due, Trump got the meeting with North Korea, that's historic

[8:45] All the (scary) ways Facebook is gathering your data

Matthew Gardner Interview:

[13:42] What's Matthew's take on what's going on in the macroeconomy

[16:30] What's going on with new home development? Will there be any break in inventory shortgage?

[20:43] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens

[24:18] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

Website:

www.Windermere.com/Economics

Direct download: CW_1013_Matthew_Gardner1.mp3
Category:general -- posted at: 5:53pm EDT

In today's episode, Jason Hartman is joined once again by Financial Survival Network's Kerry Lutz. The two discuss some important news coming out of Washington these days, and that's the continued dismantling of the Dodd-Frank Act. As you know, Jason has long believed that the election of Trump would lead to this, and now it appears to be picking up steam as Obama holdovers are being replaced by Trump's people.

Jason & Kerry also turn their attention to the importance of protecting yourself from identity theft, as identity theft recently left one woman in jail for 7 weeks until she could prove herself innocent.

Key Takeaways:

[4:45] Big data still gets confused

[5:49] How can you protect yourself from identity threats?

[9:03] Your phone is probably your biggest threat for identity theft

[13:15] There are some things you HAVE to know if you're going to self-manage

[15:57] The latest news on Dodd-Frank

[20:42] Changes are taking place under Trump's new appointment Mulvaney

[22:22] Why these changes are good and bad for real estate investors

Websites:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Direct download: CW_1012_Kerry_Lutz.mp3
Category:general -- posted at: 3:22pm EDT

Today's Flash Back Friday comes from Episode 746, originally published in November 2016.

This episode focuses on the opportunities which exist when self-managing an income property. First, Jason reviews a Business Insider article regarding dwindling investment property inventories. And later in the podcast, Jason is joined by Bill, who helps manage Fernando's Atlanta and Texas properties. Bill discusses the steps necessary when self-managing income properties.  He shares how to show a property using software tools, leasing a property to a new tenant and how to have tenants facilitate repairs and maintenance issues.

Key Takeaways:

[3:00] Unpacking the Business Insider Article: Pending Home Sales Jump Despite Painfully Tight Housing Market by Bob Bryan.

[4:08] If you are on the fence about increasing your income property portfolio do it in hybrid markets.  

[7:29] Real estate is a game of staying power.

[18:00] The ways Jason is working to empower his investors and arm with them with exceptional management tools.

[19:26] Bill’s work history makes him uniquely qualified to handle Fernando’s property management requirements.

[22:51] How to use Rently lockboxes when self-managing properties.

[27:14] Making a property rent-ready and contacting contractors through handiman websites.

[28:56] Tenants have a vested interest  when working with contractors to fix or maintain properties.

[31:53] When a property is self-managed tenants to take more responsibility for the property.

[35:42] Property Management Software does most of the back-office work for you.  

[37:12] What is required when leasing a property to a tenant?

Mentioned in This Episode:

Jason Hartman

Venture Alliance

Rently Lockboxes

Appfolio

Direct download: CW_1011_FBF_Bill.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman takes some time before this 10th episode interview to discuss the concept of the mini-family office and how you can incorporate VAs (virtual assistants) into the mix. Jason provides a litany of websites where you can find VAs, as well as an insight into what characteristics you need to be looking for. Then there's the monetary side of it: does it make financial sense to hire a VA to do this? Well, you can use the Hartman Property Management Metric to figure that out.

Then Jason talks with Peter Shankman, author of Faster Than Normal: Turbocharge Your Focus, Productivity, and Success with the Secrets of the ADHD Brain, about how people with ADHD can use it to their advantage, what actions people need to take in order to be successful in their ventures, how to figure out what your audience wants, and when to ignore your audience.

Key Takeaways:

[4:32] Using VAs to help with your mini-family office

[9:28] The type of VA you need to be looking for to help you with your family office

[11:17] The Hartman Metric is 1 hour per month per property to manage

[13:52] The urban legend of the 3am phone call

Peter Shankman Interview:

[19:35] How is ADHD a benefit?

[22:01] It's important to set up your life in a way that doesn't allow you to get derailed, and the 4 undeniable ADHD life rules

[25:05] You can lead the life you want, you just have to be willing to make the trade offs

[29:13] Your audience will tell you what they want and where they are, if you're willing to listen

[31:08] The only time you want to ignore what your audience is saying they want is when you're a part of a big market disruptor

Website:

www.ShankMinds.com

www.FasterThanNormal.com

www.REVAS.us

www.HireSmartVAs.com

www.ApartmentLines.com

www.IVAA.org

www.Freelancer.com

www.Upwork.com

www.TaskRabbit.com

Direct download: CW_1010_Peter_Shankman.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Financial Survival Network's founder Kerry Lutz for the whole episode today, as the two discuss the very important concept of financial repression. While financial repression is bad for individuals, it can be very lucrative for people who have invested in real estate properly in their younger years.

The two also discuss the current phenomenon of "tax refugees" being created by states like California, and where these refugees are fleeing too, as well as when they expect any economic pullback to happen and what Trump is doing that the mainstream media isn't paying attention to.

Key Takeaways:

[5:53] Make sure you get a home inspection and make sure you actually read it and learn the language

[9:11] What is financial repression?

[12:59] Financial repression is a great opportunity for those who invest in real estate

[16:35] Tracking the "tax refugees" leaving California

[23:06] What kind of economic outlooks has Kerry been hearing from the guests on the Financial Survival Network?

[27:04] The mainstream media is missing the fact that Trump is now making large chunks of the government irrelevant

Websites:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Direct download: CW_1009_Kerry_Lutz.mp3
Category:general -- posted at: 5:07pm EDT

Today's Flash Back Friday comes from Episode 734, originally published in October 2016.

Jason’s guest, Brian is a client and a longtime Creating Wealth Podcast listener. Brian describes his early days of real estate investing when Sara initially walked him through the buying process. The properties he purchased in Atlanta and Memphis have now matured and Brian is faced with making a decision. Should he refi-til-ya-die or to do a 1031 exchange and get 2 for 1 on his highly appreciated properties. Jason shares his insights on best business practices, how to use an IRA as a tax savings vehicle and recommends some “must read” books on real estate investing.

Key Takeaways:

 

[1:57] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast.

[3:19] Brian was pleased with the support he received from Sara and the Local Market Specialists.

[6:14] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties?

[9:55] The 2 for 1 exchange gives the owner all of the equity to reinvest. The refi-til-ya-die option is limited to the cash-out loan to value ratio.

[11:10] A refi may be a simpler option and offers a locked-in lower interest rate.

[13:38] Brian shares his real estate investor stories on his website Rental Mindset.

[14:59] When buying real estate inside of an IRA you get a tax efficient vehicle inside of another tax efficient vehicle.

[15:41] Read Garrett Sutton’s Loopholes of Real Estate.

[16:59] Rationalizing buying a property sight unseen.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Rental Mindset

Direct download: CW_1008_FBF_Brian_Case_Study.mp3
Category:general -- posted at: 12:00pm EDT

From the studios of the Financial Survival Network, Jason Hartman and Kerry Lutz get together for this episode to discuss the softening of Dodd-Frank, changes in protections for renters in some markets of the US that are making it harder for landlords, potential uses for Blockchain that could significantly impact the way people invest, and some key economic lessons you have to teach your children.

Key Takeaways:

[5:49] Jason went and got stretched today, and it was quite the experience

[7:07] The FBI says you need to reboot your router ASAP

[8:45] The counter intuitive concept that is slowing home sales in the US

[11:58] If you can trade tokens instead of stocks the transaction fees can be sliced immensely

[15:23] The biggest commitment in precious metals to blockchain

[21:31] Jason & Kerry's thoughts on the changes to Dodd-Frank

[25:58] The #1 thing you need to teach your kids about economics: money always goes where it's treated best

[29:24] The Meet the Masters audio product is now available at HartmanEducation.com

Website:

www.HartmanEducation.com

www.JasonHartman.com/Properties

www.JasonHartman.com/Food

Direct download: CW_1007_Kerry_Lutz.mp3
Category:general -- posted at: 8:41pm EDT

Jason Hartman starts off today's show on the heels of his weekend with the Venture Alliance Mastermind in New York. In the car with two attendees, Jason discusses why it's important to improve the level of conversation in your life and why this weekend was useful.

Then Jason talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be.

Key Takeaways:

[4:25] Try to up-level your conversations

[8:57] Come join Jason for a tropical vacation in November

Kristin Tate Interview:

[10:34] Are millenials just not paying attention to fiscal policies?

[12:33] We are being taxed EVERYWHERE, even when we don't see it

[15:43] Where some of your tax money is going probably isn't where you expect

[20:42] The debauchery tax & unintended consequences

[24:20] Awareness is step 1, what's step 2?

[27:50] The smaller the municipality the easier it is to get rid of the tax

[33:00] How did Kristin get into this line of work?

Website:

www.TheLibertarianChick.com

www.Twitter.com/KristinBTate

Direct download: CW_1006_Kristin_Tate.mp3
Category:general -- posted at: 5:55pm EDT

Today's Flash Back Friday comes from Episode 749, originally published in November 2016.

Jason and guest Gary Pinkerton breakdown the article, 27 Charts That Will Change How You Think About the American Economy. Each chart represents changes in the US economy related to productivity, demographics or inflation. Highlights of the discussion include the possibility for people to work well past the current social security mandated retirement age, the lopsided amount of service jobs as compared to labor jobs and the real opportunity which exist for real estate investors based on the percentage of Americans with a sizable nest egg.

Key Takeaways:

[1:14] Phenomenal opportunities await real estate and income property investors.

[5:15] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings.

[9:46] Join us for the upcoming Venture Alliance Mastermind in Phoenix.

Gary Pinkerton Guest Interview:

[14:04] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[16:21] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[20:31] As the Service Industry grows, it is a clear indicator of progress and a higher standard of living.

[24:23] People have been dropping out of the labor force since the year 2000.

[26:54] The real estate charts show growth in urban areas.

[31:29] Analyzing chart #19, Inflation-adjusted housing prices.

[36:42] Housing prices have grown a lot faster than construction costs.

[41:06] The ways Americans retire are changing.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Venture Alliance

27 Charts That Will Change How You Think About The American Economy.

Paradigm Life - About Gary Pinkerton

Direct download: CW_1005_FBF_Gary_Pinkerton.mp3
Category:general -- posted at: 2:24pm EDT

Jason Hartman starts off today's episode with a little talk on where interest rates may be headed (according to one economist) and how that would impact current real estate investors. Hint: it's a pretty good thing. He also has to throw in a qualifier to his "Amazing time to be alive" mantra, because there are a few things that aren't amazing right now.

Then Jason finishes up his interview with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, as the two discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[4:12] A qualification to the beloved Jason mantra of "It's an amazing time to be alive"

[7:18] Let Jason control the music and he cares not who controls the laws and the money

[12:13] What Martin Armstrong thinks interests rates will be jumping to

[15:28] Investors already in the game are praying for higher interest rates

John Tamny, Part 2

[20:18] Automation is going to lead into a surge in new kinds of jobs

[25:00] The demand for entertainment and service is going to explode

[26:49] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[28:29] John's thoughts on Universal Basic Income

Website:

www.JasonHartman.com/Properties

www.RealClearMarkets.com

Direct download: CW_1004_John_Tamny2.mp3
Category:general -- posted at: 4:40pm EDT

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Direct download: CW_1003_John_Tamny1.mp3
Category:general -- posted at: 3:03pm EDT

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.   

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

Dr. David D’Ambrosio Client Case Study:

[17:34] Dr. David D’Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It’s frustrating more people, doctors in particular, aren’t investing in real estate. It’s an absolute no-brainer.  

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Direct download: CW_1002_FBF_Dr_David_DAmbrosio_.mp3
Category:general -- posted at: 3:55pm EDT

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason.

Website:

www.JasonHartman.com/Events

Direct download: CW_1001_Mini_Case_Studies.mp3
Category:general -- posted at: 6:45pm EDT

Today is a milestone episode, number 1000! A big thanks goes out to all the guests who have come on the show and all the client case studies who have come to share their real estate journey. The first half of the show is a thanks to them.

The 10th episode for today is Jason Hartman talking with singer Colbie Caillat about how she managed to start her career using MySpace, as well as how she's handled rejection in her career, how she found her creative work process, dealing with rejection, and more.

Key Takeaways:

[4:38] Thank you to all the guests who've come on the show

[9:25] A few listener soundbites from client case studies

Colbie Caillat Interview:

[15:04] Where did the idea to launch her career on MySpace come from?

[18:00] The song writing process

[23:18] Who was the song Capri written for

[26:48] How Colbie stays healthy on tour

[31:12] Dealing with professional rejection

Website:

www.JasonHartman.com/Events

www.ColbieCaillat.com

Direct download: CW_1000_Colbie_Caillat.mp3
Category:general -- posted at: 4:55pm EDT

Today's Flash Back Friday comes from Episode 803, originally published in March 2017.

This episode includes a recording of a live Q&A session from a Creating Wealth Seminar.

The Investment Counselor Panel shares real life examples of how investors benefit from the free education and their hands-on assistance. If you are interested in investing in the most historically proven asset class, income properties this podcast is a great place to start. It also includes the reasons why investors would want to attend a future Creating Wealth Seminar and the benefits of joining the high-level Venture Alliance Mastermind. 

Key Takeaways:

[3:09] Venture Alliance wrap-up and details about the upcoming Chicago event.


[10:37] The Memphis Property Tour and Creating Wealth Seminar.

[11:16] Happy 13th Anniversary to the Creating Wealth Seminar!

Live Investment Counselor Panel Part 2 Q&A:

[16:19] The process of finding and vetting a Local Market Specialist.

[19:02] Striking the right balance between A, B and C properties in a portfolio.

[24:13] Amortization of property components.

[27:10] How many properties should I have in one bank account?

[35:59] What benefit do Investment Counselors provide to investors?

[44:20] Do Investment Counselors have different areas of expertise?

[49:28] How to best utilize an Investment Counselor?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Voxer

Property Evaluator Software

Direct download: CW_999_FBF_Investment_Panel.mp3
Category:general -- posted at: 12:00pm EDT

Today's episode starts with an invitation to Jason's Philadelphia Creating Wealth seminar that's coming up soon. He also finishes his talk with Doug about portfolio reviews and making your money actually work for you.

Finally Jason talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe.

The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future.

Key Takeaways:

Intro with Doug:

[6:48] Your returns can be dampened by lazy money, make that money work for you

[9:27] Return on equity percentage can tell you when to rebalance your portfolio

[13:52] Why corporate finance tracks return on equity so much

Eric Pichet Interview:

[16:25] There's no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas

[20:09] Eric's take on Jason's 3 types of market belief

[21:19] Why Jason thinks the European home market is much slower than the US

[24:54] The series of economic events that led to French citizens being interested in real estate

[26:52] The sentiment about cryptocurrencies in Europe

[30:53] How are cryptocurrencies viewed by governments and central banks?

[33:40] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism

Website:

www.JasonHartman.com/Events

www.EricPichet.fr

Direct download: CW_998_Eric_Pichet.mp3
Category:general -- posted at: 4:10pm EDT

Jason Hartman starts off the show with client Doug about portfolio makeovers, why you should stay in the game for the long run, and the fallacy of the passive investment. Doug got out of the real estate business just before the (positive) market correction and missed out on a lot of money.

Then, Jason finishes his client case study with Muthiah. This time the two look at the actual process of Muthiah filing a claim against a bad provider and how he was about to get restitution after some avenues had failed. Jason also explains how to get a hold of his Hall of Shame resource list, and why you should file complaints even if they're not likely to help you alone.

Key Takeaways:

Jason & Doug Intro:

[5:05] There's no such thing as a passive investment, but there are some things that are easier

[9:16] If you do the math properly, real estate versus the stock market isn't even a competition

[12:15] The problem with being too passive is you don't learn from your successes or failures

Muthiah Client Casey Study, Part 2

[20:00] Muthiah has never tried to self manage his current 20 properties

[23:00] Want Jason Hartman's Hall of Shame resource list? Fill out any form on JasonHartman.com

[25:18] Muthiah's process of filing complaints against the provider

[29:48] You're not just filing these complaints for yourself, it's your duty to protect other people

Website:

www.JasonHartman.com/Properties

Direct download: CW_997_Muthiah_2.mp3
Category:general -- posted at: 4:15pm EDT

Today's Flash Back Friday comes from Episode 801, originally published in March 2017.

This episode includes a brief history of Jason’s experiences in the real estate market from 2004 to the mortgage crisis of 2008. Jason correctly predicted the crisis and tells us what signs to look for in the future. Then, a live recording of a Creating Wealth Seminar with a panel of Investment Counselors answering real participant questions about mortgage sequencing, the importance of leverage, and common client challenges.

Key Takeaways:

[2:49] Details of the upcoming Creating Wealth Seminar and Memphis Property Tour.

[4:11] Jason predicted the collapse of the mortgage industry way back in 2004.

[11:16] Meeting other investors is one of the best things about attending a live event

Investment Counselor Panel Recorded Live:

[14:03] Meet the Panel: Investment Counselors Sara, Carrie, and Oliver.

[20:25] What areas of the process do clients find challenging?

[24:30] During the recession, how did investment counselors help investors?

[27:07]  A lesson in the importance of leverage.

[29:57] The strategy for mortgage sequencing.

Mentioned in This Episode:

www.VentureAllianceMastermind.com

www.PropertyTracker.com

The Greatest Management Principle in the World, by Michael LeBoeuf

Direct download: CW_996_FBF_Investor_Panel.mp3
Category:general -- posted at: 3:41pm EDT

Today's episode is another in property management education. It's crucial that you identify the weak link in all your investments, as well as figuring out a safeguard against them. When it comes to your real estate investing, it's quite possible that your weak link is your property manager.

After his intro, Jason Hartman has part 1 of a client case study with Muthiah, where the two discuss an incident Muthiah recently had with a vendor, and what actions you can take when you're being wronged.

Key Takeaways:

Jason Intro:

[5:25] Cutting out the middle men - property managers

[9:08] One of the best decisions Jason made when he got into the nationwide real estate business 14 years ago

[13:09] Looking for the weakest link in your investments

[17:30] Jason's been accused of being a complainer, but is that such a bad thing? Complainers change the world

Muthiah Client Case Study:

[22:27] What happened to Muthiah that created tension with the seller

[24:55] If the seller wants to close before the repairs are completed, the only way you accept is if they have money held in escrow in case they don't do what they promised

[28:00] The two ends of the company spectrum

[30:51] What Jason wants you to negotiate with your property management contract

[34:52] The inherent conflict of interest with property managers

Website:

www.JasonHartman.com/Events

Direct download: CW_995_Muthiah.mp3
Category:general -- posted at: 5:47pm EDT

Jason Hartman wants to prepare you for the coming revolution. The self management revolution is coming, and it's time to see if you're up for the challenge. There are things that you need to do before you take the plunge, and Jason outlines some of them here.

Then, Jason talks with CEO of the NHP Foundation, Richard Burns, about the affordable housing crisis in the United States. The current method of creating affordable housing isn't working for anyone, but Richard thinks there's a way that it can be solved that benefits all parties.

Key Takeaways:

Jason Intro:

[2:34] The coming revolution of self-management

[5:36] Drew's first taste of self-management

[7:45] Some steps to take before going full self-management

[11:09] Freddie Mac's new program

[15:23] Join Jason for his events in Philadelphia and New York, www.JasonHartman.com/Events

Richard Burns Interview:

[17:45] What solutions are available for affordable housing?

[20:38] The two components of real estates value

[22:20] We are nowhere near meeting the affordable housing demand, so what do we do?

[26:17] Where did the high paying, real careers go that made people end up in careers that were meant to be stop-gap jobs?

[28:25] What does Richard's non-profit do?

[31:59] Richard's thoughts on rent control

[33:51] What the Baby Boomer survey showed

Website:

www.NHPFoundation.org

Direct download: CW_994_Richard_Burns.mp3
Category:general -- posted at: 9:30pm EDT

Single-family homes sales rose in January. This has made income property inventory low. You can find out which properties are available in the sought after Memphis market by joining Jason during the upcoming property tour and Creating Wealth Seminar. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration.

Key Takeaways:

[1:56] National Association of Realtor’s article about home sales in January.

[5:24] Single-family homes sales are up and inventory is low.

[8:49] The Trump administration is a boon for the economy.

[9:34] A Goldman Sachs report says interest rates will rise.

[15:59] Venture Alliance Weekend and Memphis Property Tour details and dates.

ASSET MATRIX - Recording from Phoenix Live Event

[18:27] Inflation induced debt destruction by way of a mortgage.

[20:34] Jason explains how the government manipulates inflation numbers through hedonic adjustment.

[27:59] The ultimate investing equation.

[35:21] Anything that does not produce income is not an investment.

[36:59] Cash and bonds are destroyed by inflation.

[39:14] The IRS does not account for inflation.

[42:28] During deflationary periods people default on their loans.

[44:51] If you have a corporate job you are paying more taxes than the self-employed.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Longevity and Biohacking Show

Direct download: CW_993_FBF_Asset_Matrix.mp3
Category:general -- posted at: 4:28pm EDT

In today's episode Jason finishes off his idea of "crowding out" and the damages it can have on our society. Then he explores the idea of various types of deserts, including investment deserts.

Finally, Jason talks with Sara McFarland from Homee on Demand, a new app that's aiming to make property management from afar easier than it's ever been before. Your tenant can alert you to a problem, send you a picture of the issue, you can get a quote, and verify the issue is taken care of.

Listen in as Sara McFarland gives a rundown of the service, how they ensure you don't get ripped off, and how you can best use it in your portfolio.

Key Takeaways:

Jason Intro:

[2:57] Jason finishes off his point of "crowding out" from the last episode

[5:29] Various types of deserts, including investment deserts

[9:51] Have a service you think Jason can use? Talk to him about it and keep the money "in the family"

[16:39] The Hawkins family 5 year plan

[22:08] You need to invest in hard assets that keep up with inflation

Homee Interview:

[28:59] How Homee keeps vendors from cheating

[31:17] Can you use Homee as a self manager?

[33:18] Homee helps teach you more about your home

Website:

www.HomeeOnDemand.com

Direct download: CW_992_Homee.mp3
Category:general -- posted at: 6:09pm EDT

Jason Hartman discusses some key aspects for real estate investors. One of the most important, and most visible, components of investing is interest rates, and there are some absolutely critical things you need to remember about them. Interest rates impact real estate supply and demand, and home affordability. People buy homes based on payments, not price, and mortgage rates impact those dramatically.

Jason also looks at why some libertarians just don't pay attention to an economic reality and gives a big announcement about the Creating Wealth seminar in Philadelphia in May.

Key Takeaways:

[2:00] Why maintaining control is important when dealing with big, too big to fail, companies

[7:23] Jason's mom has seen the effects first hand of what giving people money can do

[11:05] Jason's thoughts on "crazy libertarians"

[15:46] What interest rates do to real estate supply & demand, and affordability

[18:40] Big announcement about the Creating Wealth Seminar on May 19th

[23:18] Housing prices is a flawed metric, you have to look at the average mortgage payment amount

[27:59] Supply of homes is constrained

Website:

www.JasonHartman.com/Events

Direct download: CW_991_Jason_Hartman.mp3
Category:general -- posted at: 5:41pm EDT

Today's Flash Back Friday comes from Episode 530, originally published in June 2015.

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode. 

Key Takeaways:

[2:25] What did Fernando think of the first Venture Alliance mastermind meeting?

[10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors

[14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th

Bob Proctor Interview:

[17:05] Bob helps people recognize who they are, how to set goals, and much more

[20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change

[26:55] The U.S is filled with creativity compared to other countries like China, for example

[29:50] What's Bob's thoughts on The Secret?

[34:25] How do we find our purpose?

[38:05] Bob gives some quick tips on how to accomplish your goals.

[39:35] Do your work, put your heart into it, and the sky will clear

Website:

www.ProctorGallagherInstitute.com

Direct download: CW_990_Bob_Proctor.mp3
Category:general -- posted at: 4:36pm EDT

Jason Hartman starts today's show with a discussion on how real estate investing is going to continue to get better and more efficient, technologically, how business ventures are easier than ever, and how amazing the US real estate market really is.

Then Jason talks with Jason van den Brand, CEO & Co-Founder at Lenda, an online mortgage platform. The two of them discuss the current status of the mortgage market, what kind of easing or tightening we might see in the near future, how Lenda is able to cut fees in the lending process, how to get a rate quote, and more.

Key Takeaways:

Jason Intro:

[3:43] Know that things are only going to get better when it comes to technology helping us make things more efficient

[7:16] The adoption/absorption rate of technology is amazing

[10:54] Starting a business is easier and cheaper than it's ever been

[14:46] The US has a very special real estate market

Jason van den Brand Interview:

[17:20] What is Lenda?

[20:04] What Lenda is expecting to happen in the mortgage market this coming year

[24:35] The loans that are available through Lenda

[29:20] What you need to do to get a rate quote

[32:37] Is mortgage regulation going to loosen in the near future?

[35:03] Does Lenda have the same fees as conventional lenders or do they differ?

Website:

www.JasonHartman.com/Events

www.Lenda.com

Direct download: CW_989_Jason_van_den_Brand.mp3
Category:general -- posted at: 11:34pm EDT

Jason Hartman does this episode from the US territory of Puerto Rico, where he's spent a few days seeing if he wants to live in this tax haven. The thing about Puerto Rico, however, is that while it might be a place with low tax, it's not a place with low real estate prices.

Then, Jason talks with Jake Bernstein, author of Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite, about what the Panama papers are, why they're important, and what kind of impact we should expect to feel from the fallout.

Want to know why tax revenues are low, how governmental agencies have been paying spies for years, or more on the Rothchild family? Listen in to learn how the Panama papers can help you find out.

Key Takeaways:

Jason Intro:

[4:26] Puerto Rico real estate is NOT cheap

[6:46] Join Jason in Philadelphia for the Creating Wealth seminar

Jake Bernstein Interview:

[9:40] What are the Panama papers?

[13:36] Why do the Panama papers matter?

[17:53] Jake isn't as optimistic as Jason about how much money the new tax reform will repatriate

[20:59] Some of the scandals to be unearthed by the Panama papers

[25:19] The CIA & IRS' involvement in the Panama papers

[30:45] Is the Rothchild family in the Panama papers?

Websites:

www.JakeBernstein.net

Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite

Direct download: CW_988_Jake_Bernstein.mp3
Category:general -- posted at: 5:15pm EDT

Today's Flash Back Friday comes from Episode 508, originally published in April 2015.

Jason would like to remind his audience that the Memphis property tour is coming up and there's still a few seats left. Jason invites Brad, a market specialist for the Jackson, Mississippi market to give an extensive market profile on the area and why it's a good time to invest there. 

Key Takeaways:

5:35 – Jason welcomes Brad

9:20 – Brad sold some of his properties in 2005 and regrets it

15:40 – You can buy a house in Jackson for $50k and have it rent for $750

18:10 – Brad shares his thoughts on section 8 tenants

21:40 – Brad lists some key things he likes about Jackson

29:10 – There will always be people who will have a renter mentality and not purchase a home.

Website:

www.JasonHartman.com/Properties

Direct download: CW_987_FBF_LMS_Brad.mp3
Category:general -- posted at: 6:59pm EDT

Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.

Key Takeaways:

Jason Intro:

[3:19] Each time you have an experience you get a new impression

[7:21] Airbus is planning to allow passengers to go sleep in the cargo hold during flights starting in 2020

[10:31] You need to be in a mastermind group to expand your thinking and up your lifestyle (maybe the Venture Alliance Mastermind???)

Harry Dent Interview:

[14:15] What does Harry learn by looking at sunspots?

[18:30] There's both global warming and cooling going on right now thanks to sunspots

[20:28] Harry does NOT believe this is the time to be cutting taxes

[23:28] The greatest BS economic recovery in history

[26:32] How much does money trickle in this consumption driven economy that needs growth?

[29:25] Nobody takes downturns into consideration when planning the future

[32:59] When are we likely to see a spike in life expectancy?

[36:10] The wild card in predictions using demographics is the government's monetary & fiscalpolicy

[39:39] Why we're going to have a big revolution if things don't change

Website:

www.HarryDent.com

www.JasonHartman.com/Events

www.JasonHartmanCreatingWealth.com

www.VentureAllianceMastermind.com

Direct download: CW_986_Harry_Dent.mp3
Category:general -- posted at: 12:20am EDT

Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform.

Key Takeaways:

Intro:

[4:54] What the Icehotel Art Suites are like

[7:28] Join Jason in Philadelphia

Alan Beaulieu Interview:

[11:30] What's coming in the economy next

[13:29] What is "virtuous" and "non-virtuous" inflation?

[16:31] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security

[20:38] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think

[24:03] The 5 sources of inflation

[27:38] We're in a golden age with stable energy

[29:54] The 3 reasons Alan's excited about where we're headed

Website:

www.ITREconomics.com

Prosperity in The Age of Decline: How to Lead Your Business and Preserve Wealth Through the Coming Business Cycles

www.JasonHartman.com/Events

Direct download: CW_985_Alan_Beaulieu.mp3
Category:general -- posted at: 10:47pm EDT

Today's Flash Back Friday comes from Episode 493, originally published in March 2015.

In today's introduction portion of the Creating Wealth show, Jason Hartman invites Sarah on to the show to talk about the Memphis market. Jason also announces a property tour for the Memphis area in May, so be sure to buy your early bird tickets now before the price raises at JasonHartman.com. Today's Creating Wealth principle guest is Andrew Zatlin. He is an economists and is famously know for his Moneyball Economics. He sits down with Jason to talk about Hookernomics, how you can learn where the market is going by simply talking to escorts, the unstable Japanese economy, how gold will drop in prices, and much more on today's episode. 

Key Takeaways:

1:50 – Huge interest in the Memphis market right now.

6:05 – Jason talks about the Memphis property tour schedule and dates.

14:10 – Jason introduces Andrew to the show.

16:45 – Most policy makers out there have an old-fashioned way of approaching this very new economy that we're in.

27:16 – Andrew explains why he decided to interview escorts and prostitutes about the state of the economy.

42:00 – Andrew set out to find the true data points that really matter to our economy.

50:45 – China has created a super bubble for themselves and they are bond to crash.

53:20 – Japan doesn't make thing any more and they're also in big trouble. Andrew explains further.

57:30 – Jason and Andrew touch on the gold bug subject.

62:40 – There's a free report on MoneyballEconomics.com that shows you how vices, hookernomics, can show you what's going on in the economy right now. 

Mentioned In This Episode:

http://www.MoneyballEconomics.com

http://blogs.wsj.com/moneybeat/2013/10/22/southbays-zatlin-goes-moneyball-on-economic-data/

Direct download: CW_984_FBF_Andrew_Zatlin.mp3
Category:general -- posted at: 5:09pm EDT

Jason Hartman takes a victorious look at a recent Wall Street Journal story declaring that more people are viewing renting as a long-term solution to their housing situation. That is FANTASTIC news for landlords, and will put the upward pressure on rent that every investor wants. Jason also gives a few travel hacks for going on a trip to multiple climates, and includes another market profile from producer Adam, this time on the Indianapolis market.

Key Takeaways:

[2:25] The next decade of being a landlord is going to be amazing

[7:05] More and more people are seeing renting as a long term housing solution

[10:56] Jason's travel hacking tips for going on a multi-dimensional weather trip

[14:57] Indianapolis Market Profile

Website:

www.JasonHartmanCreatingWealth.com

Direct download: CW_983_Indianapolis_Market_Profile.mp3
Category:general -- posted at: 8:31pm EDT

Jason Hartman breaks down some important topics in today's show as he talks about one of the vital assets you have in your toolkit, and that's your credit score. With so many different companies and credit scoring models, it's key that you understand what impacts your score. You need to stay on top of it (and make sure it doesn't get TOO high because then you're not doing enough of what Jason thinks you should be doing).

Jason also looks into what kind of a job the Fed has been doing on their charter, opposition to Amazon, Google and Facebook, the myth of the Rented Home purchase, and some interesting results from his recent DNA test.

Key Takeaways:

[3:50] The Fed's job of evening out inflation has been...not so great

[7:29] Trump's opposition to Amazon and Jason's opposition to Google & Facebook

[9:57] Some disgusting behavior from Goldman Sachs around the time of the mortgage crisis is a PRIME example of how Wall Street treats the average person

[11:51] There are the big 3 credit bureaus for your FICO scores, but tons of factors that create each score, PLUS there are even more FICO scoring models out there

[13:43] If your credit score is too high you might not be borrowing enough money (but don't borrow for frivolous purposes, borrow for properties)

[17:45] A rundown on a few FICO scoring models

[21:54] Do millennials really understand inflation?

[23:32] The Rented Home Myth

[29:24] Jason gave in and did a DNA test

Website:

www.JasonHartman.com/Ask

Direct download: CW_982_Jason_Hartman.mp3
Category:general -- posted at: 11:33am EDT

Today's Flash Back Friday comes from Episode 482, originally published in February 2015.

On today's Creating Wealth show, Jason talks a little bit about mastermind groups and touches on an article that was released by USA Today on the subject of investments. Jason brings up some very interesting points on the minimum wage discussion as well as talks about conflict of interests in financial advisers. As always, Jason shares some timeless wisdom about the US dollar, commandments to live by, and more on the Creating Wealth show.

Key Takeaways:

1:30 - Jason talks about his mastermind group, Venture Alliance.

5:45 - Minimum wage increases always causes inflation.

11:00 - Give yourself small rewards along the way. 

13:40 Jason talks about commandment number nine.

17:20 - The American workspace is getting smaller as more people work from home.

23:15 - Jason talks about the gold bugs and other forms of currency.

27:45 - The US dollar will still be the reserve currency

30:10 – Jason does a deep dive into his personal commandments.

37:40 – There is no such thing as passive income.

41:00 – Jason's company looks for landlord friendly markets.

Mentioned In This Episode:

USA Today - Retirement Savings

You're Losing Your Office Space

US Dollar Most Crowded Trade

Direct download: CW_981_FBF_Jason_Hartman.mp3
Category:general -- posted at: 4:51pm EDT

Jason Hartman opens up the episode with client Muthia as they discuss a recent issue Muthia had with a provider that led to him filing a complaint and actually reaching a (relatively) positive conclusion.

For the off topic 10th episode, Jason talks with David Burkus, author of Friend of a Friend and Associate Professor of Leadership & Innovation at Oral Roberts University, about how to grow your network, develop key connections, the newest renaissance in business structure, new vacation policies, and more.

Key Takeaways:

Jason & Muthia Intro:

[4:05] Muthia's journey with one of the LMS' in Jason's network

[8:27] Paying taxes gets us the court system and regulatory agencies that allow you to file complaints against providers who take advantage of you

[13:15] Your duty as a citizen is to DO SOMETHING when people wrong you and others

[16:40] Join Jason in Philadelphia in May

David Burkus Interview:

[21:03] Is there a scientific method to networking?

[24:16] The best thing to do if you're trying to reach a specific contact

[30:19] The experimenting in getting away from the org chart

[35:15] You need to trust your employees and not punish the 99% because 1% couldn't be trusted

[37:43] Are things like unlimited vacation only available to companies with large funding bases?

[39:31] The most surprising thing about creativity

Website:

www.DavidBurkus.com

www.JasonHartman.com/Events

Direct download: CW_980_David_Burkus.mp3
Category:general -- posted at: 10:34pm EDT

Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more.

Key Takeaways:

[4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors

[8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK

[10:45] Which states have benefited most from foreign money recently?

[13:12] There is, no surprise, a housing shortage going on right now

[17:32] 1984 is coming true, but not the way we all expected

[21:02] Why big companies secretly want more regulation

[25:41] Are there any signs of an economic letup?

[29:37] The welfare state is getting reigned in a little bit

[34:31] Households are dedicating 10% of after tax income at a lower rate than 5 years ago

Website:

www.JasonHartman.com/Events

www.JasonHartman.com/Properties

Direct download: CW_979_Jason.mp3
Category:general -- posted at: 8:07pm EDT

Today's Flash Back Friday comes from Episode 302, originally published in February 2013.

Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question:  Why does government get bigger and bigger when we know it doesn’t work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs.

In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of “rigidity and scarcity.” At the same time, it opens the door to corruption.

Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. “When government undermines money, bad things happen,” laments Mr. Forbes. “When government says it’s here to help, watch out!”

Direct download: CW_978_FBF_Steve_Forbes.mp3
Category:general -- posted at: 6:14pm EDT

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond.

As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better.

Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang.

Key Takeaways:

[3:43] Rising rates are making the inventory shortage even worse

[6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it

[9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest

[13:08] Memphis market profile

[24:47] The IRS is coming after owners of bitcoin

[29:21] Get ready for the Creating Wealth event in the Northeast

Website:

www.JasonHartman/Events

www.JasonHartman.com/Ask

Direct download: CW_977_Rates_Up_Inventory_Down.mp3
Category:general -- posted at: 3:16pm EDT

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

Direct download: CW_976_Dana_Dunford.mp3
Category:general -- posted at: 3:18pm EDT

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the ‘pope” of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve’s second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University’s Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

Direct download: CW_975_FBF_Steve_Dexter.mp3
Category:general -- posted at: 8:30pm EDT

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.

The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate.

Key Takeaways:

[2:10] You must, you must, you MUST (promise me you will) get a home inspection

[4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible!

[10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs

[12:48] What kind of rates can you get today with 20% down?

[16:02] Are people still taking out adjustable rate morgages for investment properties?

[18:48] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow

[24:34] The inverse correlation between bonds and rates

[26:35] The best strategy ever is to lock in as many 30 year fixed rates as possible

Website:

www.JasonHartman.com/Properties

Direct download: CW_974_Rate_Hikes.mp3
Category:general -- posted at: 5:01pm EDT

Jason Hartman takes this episode to delve into some important happenings in the real estate world today. Some of Trump's recent moves have been bringing jobs back to the states, and companies are expected to bring money back, and it's creating good times for a lot of people.

With that good time comes something every real estate investor can enjoy, rent inflation. BUT, when times are good it's important to be vigilant with your providers and make sure they're not getting lazy.

Key Takeaways:

[3:58] Jobs are coming back to America

[7:27] Rent inflation is coming

[12:46] As a real estate investor, it's critical that you remember who your customer really is (hint: it's the tenant)

[16:05] In a booming economy, the big job as a real estate broker is the job of sorting people out

[20:12] Sometimes the booms can make providers a little sloppy, so it's important to stay on top of property managers and the like

Website:

www.JasonHartman.com/Properties

Direct download: CW_973_Mason.mp3
Category:general -- posted at: 8:00am EDT

Today's Flash Back Friday comes from Episode 111, originally published in October 2009.

Would you like to escape the rat race? Famous "Rich Dad" author and speaker in the areas of personal finance, real estate and business, Robert Kiyosaki joins Jason Hartman for a discussion on success and passive income.

Website:

www.RichDad.com

Direct download: CW_972_FBF_Robert_Kiyosaki.mp3
Category:general -- posted at: 4:35pm EDT

Jason Hartman starts off the show discussing how home sales are strong, even if they're a lagging indicator, and where exactly they're really taking off.

Then Jason talks with client Brandon Cook, a young member of the Venture Alliance Mastermind, about his journey investing in real estate. Brandon is currently the owner of 6 properties and is looking forward to more, and talks about breaking through the initial hurdle of investing.

Key Takeaways:

[2:33] Home sales are very strong, but remember they lag

[4:57] A suprise in the hottest housing market category

[11:41] Jason's latest book recommendation: The Effective Executive

Brandon Cook Interview:

[16:35] Brandon discovered Creating Wealth and started listening at Episode 48

[22:05] The first one is always the hardest

[30:41] What has Brandon learned on his investment journey

[33:20] Introducing the Jr Venture Alliance Mastermind membership!

Website:

www.VentureAllianceMastermind.com

www.JasonHartman.com/Properties

The Effective Executive
https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459

Direct download: CW_971_Brandon_Cook.mp3
Category:general -- posted at: 5:35pm EDT

Jason Hartman starts today's show with a recap of the JHU Live event from this past weekend and a preview of a future event in the Northeast.

Then, in his 10th episode interview, Jason talks with Benjamin Hardy, author of Willpower Doesn't Work: Discover the Hidden Keys to Success, about how to time hack, be much more productive, the difference between successful people and the unsuccessful, relative ease in 10Xing your business, not using your circumstance as an excuse, and more.

Key Takeaways:

[4:51] You can't separate politics from personal finance in today's world

[9:05] There's now a Venture Alliance Jr membership level for those under 35

Benjamin Hardy Interview:

[10:29] The premise of Slipstream Time Hacking

[14:18] You can choose to think of time as away or as a distance

[18:33] What would Ben's response be to someone who said his book was just "work harder and faster"?

[20:37] 10X thinking is a lot easier than 2X thinking, and it works, just look at Ben's life

[23:23] What can we do on a daily basis to hack time?

[26:57] How Ben invested in the right relationships to grow his exposure so quickly

[30:44] Your behavior shapes your personality

[33:35] You need to regularly get out of your routine environment

[37:44] Don't use your circumstances as an excuse

[41:40] It's not your personality that shapes your choices, it's your choices that shape your personality

Website:

www.JasonHartmanIcehotel.com

www.JasonHartman.com/Ask

www.BenjaminHardy.com

Direct download: CW_970_Benjamin_Hardy.mp3
Category:general -- posted at: 4:37pm EDT

Today's Flash Back Friday comes from Episode 647, originally published in March, 2016.

Jason answers questions from his highly-intelligent listener base. Clients inquire about interest rates, the 5-year outlook of rental income real estate and using self-directed IRA money to invest in income properties. Jason shares his strategies and tools on how he formulates his predictions on the multi-dimensional asset class of real estate income property, why he doesn’t like using cap rates for residential property evaluations and accessing the Property Tracker software to project future values. 

Key Takeaways:

[2:00] Income property is the most historically proven asset class

[5:45] Listener questions from the Salt Lake City JHU event

[8:04] Predicting interest rates

[9:38] Advantages to the suburban market in a linear market

[12:22] Stress testing your portfolio

[15:44] 3 dimensions of real estate - Values and rental incomes are counter-cyclical

[16:53] Why is income property real estate investing so attractive?

[19:15] Cap rates are not useful metrics for residential income property evaluations

[22:13] Using Self-Directed IRA money for an investment

[24:52] Property Tracking Software to see your properties 10-year projection

[27:35] The next Venture Alliance Mastermind will be on Jekyll Island in Georgia

Websites:

http://www.grantspub.com

The Creature from Jekyll Island

www.VentureAllianceMastermind.com

Direct download: CW_969_FBF_3_Stress_Tests.mp3
Category:general -- posted at: 5:44pm EDT

Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors.

Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.

Key Takeaways:

[3:23] The new tax plan and bonus depreciation

[8:04] The massive change in deductions for major repairs

Jim Puplava Interview:

[13:54] Will the new tax plan expedite people and companies leaving high tax states?

[18:42] Hidden taxes in states like California

[19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?

[22:42] Jim's current inflation thoughts

[26:12] How much longer can the US continue to kick the can down the road when it comes to the debt?

[29:38] Why double inflation arbitrage is fantastic for real estate investors

[32:52] What the next downturn is going to look like

[38:10] Jason's new theory

Website:

www.JasonHartmanUniversity.com

www.FinancialSense.com

Direct download: CW_968_Jim_Puplava.mp3
Category:general -- posted at: 11:55pm EDT

Jason Hartman starts up today's episode reminding people that if you want true wealth, don't spend your money on things that diminish it, spend it on investments. He also discusses the biggest fear investors have today, and the need for investors to align their interests with the big powers.

Then Jason finishes up the webinar that was started in CW 966. In closing, he touches on why he loves housing over retail and commercial, the difference in types of inflation, and why he prefers single family homes over duplexes, triplexes and quadplexes.

Key Takeaways:

[2:34] Own the investments and don't buy the things that diminish your wealth

[5:43] The biggest fear most investors have nowadays

[9:33] Inflation fears are seeping through the market, and it means good news for real estate investors

[13:37] Save yourself a lot of heartache and just align your interests with the greatest forces the world has ever seen

Webinar:

[20:10] You can outsource jobs and retail, but you can't outsource homes

[22:15] The difference between real and nominal inflation

[25:27] Does Jason have a preference between single family, duplexes, triplexes, or quadplexes?

[29:44] Some of the linear markets Jason likes

Website:

www.JasonHartmanUniversity.com

Direct download: CW_967_Webinar_Part_2.mp3
Category:general -- posted at: 10:06pm EDT

Jason Hartman starts today's episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there's no such thing as a bulk discount in real estate. He also talks about what's going to cause upward pressure on rents.

Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today.

Key Takeaways:

[2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3

[3:49] We're used to a discount when we buy things in bulk, but that doesn't work in real estate

[7:30] We are bound to see significant upward pressure on rents

Webinar:

[10:28] Jason's back story in real estate investing

[13:25] There are really 400 local real estate markets, not a US housing market

[17:50] When Jason realized there were 3 different types of markets, and what they are

[21:54] We have some scary things going on in the economy, but overall it's still an amazing time to be alive

[25:44] We are at an inflection point in technology

[30:33] The demographics coming at the rental housing market over the next 10 years are phenomenal

[34:33] Explaining Commandment #8

Website:

www.JasonHartmanUniversity.com

Direct download: CW_966_Jason_Hartman_Webinar.mp3
Category:general -- posted at: 4:40pm EDT

Today's Flash Back Friday comes from Episode 18, originally published in June 2007.

How prudent real estate investors BENEFIT from inflation in two big ways! Here is how to use leverage prudently to maximize returns and reduce risks.

Website:

www.JasonHartman.com/RadioShows

Direct download: CW_965_Reduce_Risk.mp3
Category:general -- posted at: 5:14pm EDT

Jason Hartman kicks off today's episode with some big cryptocurrency news out of Venezuela and Poland this week that show both strength and weakness for the market, plus producer Adam interviews one of the Indianapolis Local Market Specialists about what makes Indy a good place to invest.

Then Jason finishes up his interview with Jeff Cronrod. This time they focus on best practices for property management and how to properly (and legally) screen tenants.

Key Takeaways:

[2:07] There's better ethics involved in taking the long term approach

[7:07] Poland's Central Bank paid YouTubers to slander cryptocurrencies

[9:08] Venezuela's massive oil based cryptocurrency

[10:21] Indianapolis Market Profile from a Local Market Specialist

Jeff Cronrod Interview, Part 2:

[20:02] Jeff's property management best practices, and proper tenant screening

[24:18] What sort of reports are available for landlords?

Website:

www.JasonHartman.com/Properties

www.JasonHartmanUniversity.com

www.AAOA.com

www.TenantAlert.com

Direct download: CW_964_Jeff_Cronrod_2.mp3
Category:general -- posted at: 5:40pm EDT

There's a disease infecting millions of Americans, but few people are addressing it. That disease? The entitlement disease. Jason Hartman looks at the symptoms of the disease, and how a simple change in viewpoints can bring a person out of that spiral.

Then Jason talks with Jeff Cronrod, founder of the American Apartment Owner Association & founder of Rent Recovery Service, about his new program called Lease Guarantee, and how landlords need to take a more aggressive approach toward tenants who don't pay.

Key Takeaways:

[4:39] The dangers of the entitlement disease

[8:14] When you take all the advantages of real estate for a few years, it's hard to unwind

[13:30] What happens when you view your life like you're the source

[19:09] The simple key to success in business

Jeff Cronrod Interview:

[22:02] What is Lease Guarantee?

[24:18] How much does the Lease Guarantee cost and what exactly does it cover?

[28:32] The steps you have to go through when a tenant misses their rent payment

[31:40] What judgement do you need to get for Lease Guarantee to pay out?

Website:

www.JasonHartmanUniversity.com

www.AAOA.com

www.TenantAlert.com

Direct download: CW_963_Jeff_Cronrod.mp3
Category:general -- posted at: 6:37pm EDT

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice.

Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management.

Key Takeaways:

Jason Intro:

[2:46] The barbell that is crushing the supply of affordable homes

[6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption

[9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it

[13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down

Scott Client Case Study, Part 2

[21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago

[23:51] Scott's experience with the property managers in Jason's network

[28:25] The difference in self-management in office space versus residential

Websites:

www.JasonHartmanUniversity.com

www.JasonHartman.com/Properties

Direct download: CW_962_Scott_2.mp3
Category:general -- posted at: 3:36pm EDT

Today's Flash Back Friday comes from Episode 622, originally published in January 2016.

This episode can be summed up by the popular saying “Everyone is a genius in a bull market”. Many financial hosts warn against taking on debt to build wealth. Jason clearly illustrates why we should be using fixed rate mortgage as a financing vehicle and outsourcing debt to tenants while enjoying the tax advantages.

Naresh is not a real estate investor, yet. He has come up with some basic, but necessary questions for Jason which will help him and all of you budding, soon to be real estate income property investors out there. Jason reminds us “real estate is the most historically proven asset class” and carefully lays out his answers in easy to understand, common sense terms.

Key Takeaways:

Jason’s editorial:

[2:35] Predicting market cycles would be easier if governments and central banks didn’t interfere

[8:41] The business cycle is an economic concept which affects real estate

[10:14] The Reluctant Investor’s Lament poem by Donald Weill

[17:46] Everybody’s a genius in a bull market

[19:55] Our Investment Counselors are geographically independent, market-wide gatekeepers

[23:21] Our organization has relationships with local market specialists which give clients leverage

[26:53] New clients need at least 24% cash down when purchasing a property

[29:37] The rise of the “debt bigots”

[33:38] Debt is a powerful thing, you must be wise with it

[34:30] Always use debt as leverage when purchasing real estate income properties

[37:09] A fixed rate mortgage guarantees your rate for 30 years plus tenants pay off your debt

[38:33] Podcast feeds are divided and education is free

Websites:

www.JasonHartman.com

www.VentureAllianceMastermind.com

Direct download: CW_961_FBF_Market_Trends.mp3
Category:general -- posted at: 4:02pm EDT

In this 10th show, Jason Hartman talks with Dawn Maslar, author of the new book Men Chase, Women Choose, The Neuroscience of Meeting, Dating, Losing Your Mind & Finding Love, about the biological path from meeting to falling in love. Dawn's research has led her to discover what truly attracts us to the opposite sex, what we can do to change some of our bad subconscious habits, her thoughts on online dating websites, and a very disturbing truth about some of the perfume that's out on the market.

Key Takeaways:

[6:17] Attraction is, biologically, meant to be temporary

[7:22] Why do humor and trust go together?

[11:50] What happens to a man, biologically, right before he falls in love

[14:57] The truth behind the reason women seem to like jerks

[18:39] One of the main things that couples that stay together have

[22:01] Dawn's thoughts on online dating sites

[24:40] The truth about a perfume scent you may not want to know

[28:15] Does nature cause us to be attracted to our opposite to diversify the gene pool?

[32:28] What is the future of Dawn's research?

"Love at first sight is a farce, it's just nature's way of getting you in bed together"

Websites:

www.DawnMaslar.com

CW 477 - The Five Love Languages with Dr Gary Chapman

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

Direct download: CW_960_Dawn_Maslar.mp3
Category:general -- posted at: 9:51pm EDT

Jason Hartman starts off the show today with a reminder: housing is NOT at an all time high when it comes to payments (which is how people really base their decision to buy), and housing is still where it's at.

Then Jason has the first part of his client case study with Scott, from Washington DC. Scott owned a bunch of retail property previously, but recently sold all but one of them and shifted his focus toward residential real estate. Jason talks with him about why he made that decision, what the process was like doing his 1031 exchange, how his experience with property managers has been, and more.

Key Takeaways:

Jason Intro:

[1:43] Housing is where it's at

[5:32] Housing is NOT at an all time high based on the payments being made

[8:46] Everybody's a genius in a bull market

Client Case Study with Scott:

[14:41] Was Scott worried about the retail apocalypse when he purchased all the shopping centers?

[17:30] Scott & Kelly's evolution from shopping centers to single family homes

[21:04] What happened in the commercial real estate sector last year that led Scott & Kelly to dive headlong into residential?

[25:19] Depreciation makes income properties the most tax favored asset class in America

[26:01] Scott's adventurous time doing his 1031 exchange on his commercial property that aged him 2 years in 45 days

[31:05] Why Scott is glad Jason's group exists

Website:

www.JasonHartman.com/Properties

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

Direct download: CW_959_Scott_1.mp3
Category:general -- posted at: 4:22pm EDT

Jason Hartman kicks off the show today asking his ultimate question: compared to what? It's a question that will serve you well in all aspects of your life and will guide you down the right path. He also wants to invite you to join him on any of his adventures scheduled for this year to make your vacation planning even easier.

Then Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.

Key Takeaways:

[3:53] Always view things in perspective, and remember, COMPARED TO WHAT?

[6:16] Meeting fellow investors is crucial to success

[8:09] Why doesn't Jason want you to plan any vacations this year?

[11:41] Over Thanksgiving, while re-reading The Art of the Deal, Jason realized that Trump is a New York liberal

Richard Duncan Interview:

[14:26] What people don't realize about interest rates

"People buy houses on a payment, not a price"

[15:38] What the Fed will do if the market drops 10% and what else will happen if it drops 20%

[18:57] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform

[23:31] Why Richard thinks the government can invest as wisely as private companies

[27:58] What are the next few years going to look like?

[30:30] People need to get very familiar with quantitative tightening

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

www.VentureAllianceMastermind.com

Direct download: CW_958_Richard_Duncan_2.mp3
Category:general -- posted at: 9:13pm EDT

Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.

Key Takeaways:

[9:19] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did

[11:56] Why the future from an Asian perspective is much brighter than from a US perspective

[14:05] Who's gotten the better end of the China/US trade imbalance?

[19:42] Richard believes the Fed is tightening more than people are understanding

[23:51] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger

[26:26] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan

[28:35] Is the Fed likely to make a course correction if rates go too high?

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

www.VentureAllianceMastermind.com

Direct download: CW_957_Richard_Duncan_1.mp3
Category:general -- posted at: 10:13pm EDT

Today's Flash Back Friday comes from episode 617, originally published on January 6, 2016.

Technology has changed the real estate investor’s ability to access additional markets.

Technological changes may give real estate investors better tools to access previously unavailable markets, but no amount of technology will ever replace a human’s need for shelter. As long as investors keep their eyes looking forward to the future and stay on top of the increasing number of research tools available they will successfully build a diverse, long-term wealth strategy based upon single family home investment properties.

Jason and the Real Estate Guys take a break from their real estate conference speaking engagements to discuss predictions for the future of the real estate investment market, the influx of tenants looking for rentals and how technology is changing investors ability to see beyond their own backyard and experience the benefit of geo-arbitration.

Meet the Masters is this weekend & there are still spaces available for our Venture Alliance trip in beautiful Dubai.

Key Takeaways:

Jason’s Editorial:

[1:29] Our archives are split because of limitations in iTunes

[6:19] Science has been and will be wrong

[12:00] Jason predicted the Obamacare disaster

[14:12] The Big Short movie – do not miss it

[15:25] Exercise prevents, treats or cure basically everything

[19:58] Casey Meyeres CPA will be speaking about taxation with regards to real estate

Robert Helms & Russ Gray Guest Interview:

[23:43] Real Estate investors have more tenants than ever before

[26:31] Single family housing will always be a need

[30:16] You can’t keep the U.S.A. down for long

[33:18] You must change based on what the market gives you

[35:01] Houses will be built, no matter what technology is used

[37:00] If big money comes in it will push prices up

[41:27] Don’t get stuck investing in your backyard

[43:19] Owning single family homes in 3-5 markets is a good diversification strategy

[44:07] Contact the Real Estate Guys

Websites:

https://realestateguysradio.com

www.VentureAllianceMastermind.com

Direct download: CW_956_FBF_Real_Estate_Guys.mp3
Category:general -- posted at: 9:27pm EDT

This all Jason Hartman episode of the Creating Wealth show dives into a number of different topics. Jason discusses his favorite index when evaluating real estate trends, the dangers of asset inflation, unintended consequences of the GOP Tax Reform bill, the impact of mortgage rate increases, and more of the latest news in the world today.

Key Takeaways:

[2:22] The problem with foreseeing what will cause the next market crash

[4:59] The index that Jason would look at it if he had to pick just one

[12:29] Asset inflation in the US is alive and well

[15:50] One of the biggest destroyers of wealth: a wave of divorces expected this year

[21:54] Don't forget to download your photo with Ron Paul from Meet the Masters (and see all the other pictures from the event) at www.JasonHartman.com/Photos

[24:35] Every 1% of interest rate equates to about 10% of sales price

[27:37] It's really hard to lose with the buy & hold real estate strategy

[32:20] Taylor Swift is being sued for over $1 million by a real estate broker

Website:

Attend the JHU Live Event in San Jose!
www.JasonHartmanUniversity.com

Work with Jason (or ask him a question)!
www.JasonHartman.com/Ask

Direct download: CW_955_Jason_Hartman.mp3
Category:general -- posted at: 5:38pm EDT

Jason Hartman kicks off the episode breaking down the OTHER 3 market types. No, he's not talking linear/cyclical/hybrid, today he's talking buyer/seller/broker markets.

Then Jason talks with Mike Moyer, creator of Slicing Pie, about how to partner with people on startups and real estate investing in a way that fairly incorporates everything people bring to the table. The two discuss the need to factor in work, cash, ideas, goods, etc when valuing contributions, as well as the multipliers for each faction depending on their scarcity.

Key Takeaways:

Jason Intro:

[5:57] Real estate is a pretty easy thing to partner on, as long as you keep it arms length

[7:07] Welcome to the newest Venture Alliance members!

[9:07] The 3 basic types of markets (that aren't linear/cyclical/hybrid!!!), and how you figure out which one you're in

[13:12] Jason likes the broker's market, obviously, but is still pretty bullish on the real estate market

Mike Moyer Interview:

[18:38] You have to go into a startup with the knowledge that you can lose all of your money

[19:39] How would you use Slicing Pie in a real estate deal?

[23:47] Why there's a difference between cash & non-cash contributions when you're slicing

[26:42] The reason there are multipliers in slices is so that there are consequences if someone leaves the pie

[30:05] Why time based vesting isn't the way to go

[32:34] What is Mike's definition of a startup?

[37:50] What are all the ways you can get a slice of pie in a company?

[41:59] How do you get started slicing pie?

Website:

www.SlicingPie.com

Direct download: CW_954_Mike_Moyer.mp3
Category:general -- posted at: 9:03pm EDT

Today's Flash Back Friday comes from Episode 259, published in May 2012.

Jason Hartman and returning guest, Dan Amerman discuss federal policies and interest rates, which hurts the savers and fixed income folks. The artificially low interest rates are not working and create higher prices through inflation.

They also discuss inflation rates, in which the federal numbers are glossed over and do not match true inflation as experienced by the American citizens through food, fuel, and utilities. Manufacturers hide inflation by making products smaller.

Jason and Dan then talk about rental housing and how to arbitrage the inflation. Dan explains how to turn the fed policies around to our advantage. It starts with understanding cash flow investing and setting your safety margin. When looking at cash flows, rather than being all about the price, it’s more about the interest rate when it comes to a mortgage. In the process of creating non-free-market interest rates for banks and for the federal government, the federal government has accidentally made available subsidized mortgage rates that are available if you can get the lending.

It goes directly to your bottom line as the investor, resulting in much higher cash flows than you would see in a free market.

Direct download: CW_953_FBF_Dan_Amerman.mp3
Category:general -- posted at: 5:46pm EDT

Jason Hartman, his mom Joyce, and Drew finish up their long talk about property management practices. This time Drew throws some questions toward Joyce about how to walk the line with a tenant while still keeping a good personal relationship with them, tenant retention, and Jason's theory on the pinball effect that can happen when you own enough places in one market.

Key Takeaways:

Jason Intro:

[2:01] Occassionally you may have difficulty with insurance when you self-manage

[2:56] The riskiest part of self-managing is the tenant turn

[6:34] Join Jason on a trip to Sweden or come to San Jose for the next JHU event

Joyce & Drew Interview:

[9:34] One of the nice things about not being near your investment properties is that you CAN'T go over and meet anybody

[11:56] How to retain tenants, and how to get rid of deadbeats

[14:16] Once you've formed a relationship with a tenant as a self-manager, is it awkward to raise the rent on them or enforce late fees, etc?

[18:38] When do you build the expectation of rent increases into the relationship?

[25:39] Why the hybrid management is the best system, and what to expect from your realtor helping you

[28:15] Do self-management styles change based on the type of neighborhood your property is in?

[31:46] Jason's pinball effect when you have enough properties in one market

Website:

www.JasonHartmanIceHotel.com

www.JasonHartman.com/Events

Direct download: CW_952_Joyce_Drew_2.mp3
Category:general -- posted at: 5:28pm EDT

It's time for Jason Hartman to have a good, old fashioned discussion on property management. This time, however, there are THREE sides at the table.

In one corner is Jason's mom, Joyce, who is an EXTREME do-it-herself self-manager. In another corner is Drew, who has always been with a property management company and isn't ready to step into the self-management world. And in the final corner is Jason, with his method of a hybrid model.

Listen in as these three discuss concerns, strategies, and tips for property management, no matter which road you decide to go down.

Key Takeaways:

[2:06] Photos from Meet the Masters are up, don't forget to download yours! Join Jason for a bucket list trip to the Icehotel - Sweden in April and don't forget to register for the Jason Hartman University event in San Jose.

[7:51] The hardest part of Jason's business is property management

"Sometimes it's better to delegate, I admit, but sometimes it's better to just do things yourself"

[10:16] Drew's properties in Indianapolis were A builds, but after the Great Recession they're in C+ neighborhoods now

[13:05] Jason's hybrid self-management practice

[17:00] Where Joyce gets access to running credit reports and everything she needs to do to screen tenants

"The longer you have that tenant, the less hassle you have with that tenant"

[21:58] The most important thing you need to communicate to your tenant about rent

[27:52] Property managers have inherent conflicts of interest

[29:48] How Joyce gets her property ready for the next tenant

[32:26] Questioning pricing can frequently lead to dramatic reductions in price

"Don't be afraid to make deals with your tenants, a lot of times they want to improve the property"

Websites:

www.JasonHartman.com/Photos

www.JasonHartmanIceHotel.com

www.JasonHartman.com/Events

Direct download: CW_951_Joyce_Drew.mp3
Category:general -- posted at: 5:04pm EDT

Jason Hartman kicks off the episode discussing some self-management tips and what's going on with the new Fed chair.

Then, in his 10th episode interview, Jason talks with serial entrepreneur Peter Sage, author of 5 Keys to Master Your Life, about his recent 6 month stay in jail and how he was able to use that as a teaching (and learning) experience for himself, the inmates, and his students.

The two touch on the importance of identity, the need for ego strength & ego drive, what drives people, and more.

Key Takeaways:

Jason Intro:

[1:44] Remember, self-management doesn't have to be forever. Transferring to a property manager, if needed, takes no time

[2:39] Meet the new Fed chair, same as the old?

Peter Sage Interview:

[6:53] Peter's latest "adventure" that landed him in jail

[11:19] Identity plays a huge part in how you deal with life

[17:10] Peter's idea of a "contrast frame"

[19:27] Why do people give up at the first sign of adversity? The difference between ego strength & ego drive

[21:37] Most people are driven by G.O.O.P.

[26:01] We need to learn how to love more

Websites:

www.PeterSage.com

Man's Search for Meaning by Viktor Frankl

Direct download: CW_950_Peter_Sage.mp3
Category:general -- posted at: 10:07pm EDT

Today's Flash Back Friday comes from Episode 634, from February 2016.

Investing in income properties or single family homes is the most historically proven asset class.

We start out with the Venture Alliance Group in Dubai and later Naresh asks Jason investment related frequently asked questions about commercial and residential real estate properties, about single family homes, how the need for housing is never outsourced to another country and how the oil surplus is affecting US oil towns. Real estate investment income property is the most historically proven asset class. Real estate properties should be looked at in a market by market basis and when looking for you first or next creative deal make certain you can trust the person you are dealing with. When choosing a partner make sure they have tenure in real estate investing. They should already have a comprehensive network of investors and local market specialists in place before you trust them with your money.

Key Takeaways:

Dubai Intro:

[1:44] Gary Pinkerton joins us in Dubai

[3:49] Get out of the stock market and into cashflow investing

[7:03] You want those around you to inspire you and make you accountable

[8:20] The reluctant investors lament & to stay focused on market rent

Investor Question’s with Naresh:

[11:51] Is renting a waste of money?

[21:43 Defining commercial and residential property

[24:44] Large investors need to invest their money into something

[28:18] All of Naresh’s businesses have parts which are outsourced overseas

[30:54] Getting ripped off when trying to buy properties and creative opportunities

[32:39] Is deflation a huge threat to the United States?

[37:14] Real estate income property should be looked at on a local market basis

[38:00] How will “oil exploration” cities deal with the current oil surplus

[40:39] The problems in the energy corridor of Houston

Mentions:

Hartman Media

Jason Hartman

Hartman Education – Meet the Masters Course

Venture Alliance Mastermind

Voxer – JHart88

Tweetables:

If you have a lot of capital to invest you may get lower return on your investment.

Depreciation tax benefits are 25% better on residential property than commercial property.

Stay away from investing in one horse towns. If the city isn’t diversified in business one blow could be its final one.

Direct download: CW_949_FBF_Commercial_vs_Residential.mp3
Category:general -- posted at: 9:05am EDT

Jason Hartman finishes up his conversation about asset protection with Garrett Sutton. The two delve into the external threats to your portfolios this time, looking at how to properly protect your properties if lawsuits come toward you.

Garrett also explains when you would want to take an LLC over a corporation, what states are best for protecting you, what actions are being taken to weaken LLCs across the nation, and why doing more than the law stipulates can be a very good, very easy thing.

Key Takeaways:

Jason Intro:

[2:25] Photos from Meet the Masters are up at www.JasonHartman.com/Photos

[3:15] Join the Icehotel trip at www.JasonHartmanIceHotel.com

[5:03] The next Jason Hartman University event is in San Jose, go to www.JasonHartman.com/Events

Garrett Sutton Interview:

[7:18] Two areas where Jason sees real estate creating liabilities for the owner: fair housing and safety

[11:34] The external threat is the biggest threat for your assets

[13:34] Breaking down Slide #6

[17:41] What you need when you domesticate a judgement

[19:49] It's a good idea to have yearly meetings for your LLC even if your state doesn't require it

[22:00] States that have good asset protection for LLCs and corporations

[24:08] Why an LLC over a Corporation

[27:46] Some states are not providing asset protection for single member LLCs

[31:46] Garrett's $100 off deal for Jason's listeners

Website:

Get Garrett Sutton’s Slides here

www.JasonHartman.com/Properties

www.CorporateDirect.com

Direct download: CW_948_Garrett_Sutton_2.mp3
Category:general -- posted at: 4:49pm EDT

Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.

As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.

Key Takeaways:

[4:13] The impact of controlling the money

[7:45] How music has impacted societies around the world

[10:30] Want to go to the Icehotel in Sweden with Jason?

[12:58] The inside attack versus the outside attack

[16:41] California has the weakest asset protection laws in the union

[18:47] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:21] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:31] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:24] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Direct download: CW_947_Garrett_Sutton1.mp3
Category:general -- posted at: 4:22pm EDT

Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.

As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.

Key Takeaways:

[4:13] The impact of controlling the money

[7:45] How music has impacted societies around the world

[10:30] Want to go to the Icehotel in Sweden with Jason?

[12:58] The inside attack versus the outside attack

[16:41] California has the weakest asset protection laws in the union

[18:47] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:21] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:31] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:24] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Direct download: CW_947_Garrett_Sutton1.mp3
Category:general -- posted at: 4:22pm EDT

Jason Hartman takes the reins for a whole episode, discussing how peer-to-peer interactions are disrupting industries all across the economy, how blockchain is now even infiltrating dating, and the government shutdown. He also shares the 10 biggest ICOs of 2017, which shows the amazing amount of money that's entering the cryptocurrency world, and also the movement for the 51st state in the US.

Key Takeaways:

[3:17] A big thanks to intra-preneurs

[5:51] Cryptocurrencies are up against the most powerful forces humanity has ever known

[7:22] Blockchain is now being used for bedroom activities

[11:40] The disruption caused by Napster and programs like it, and how it impacted its industry

[13:36] 10 biggest ICOs of 2017

[17:43] The government shutdown is expensive administratively speaking

[19:06] The movement for a 51st state

[26:18] California has the highest poverty rate in the US

[28:46] Check the Meet the Masters app for speaker slides that have been updated

Website:

www.JasonHartman.com/Properties

Direct download: CW_946_Jason_Hartman.mp3
Category:general -- posted at: 3:45pm EDT

Today's Flash Back Friday comes from Episode 285, from November 2012.

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_945_FBF_Karl_Denninger.mp3
Category:general -- posted at: 12:25pm EDT

Jason Hartman and investment counselor Carrie take a look back at Meet the Masters 2018. The two discuss some of their big takeaways from the weekend, including property management tips, mortgage sequencing, internal and external threats, and lending practices.

Key Takeaways:

[5:48] The Local Market Specialists gave some good insight into their markets

[9:56] Journey Captured was worth the expense

[13:09] A little tension in your relationship with your property manager is a healthy thing

[16:17] Sometimes you have to take leadership, even if you have a property manager

[20:48] The amazing statistic of mortgage sensitivity

[23:21] You have to understand the difference between internal and external threats, and the first step in asset protection

[29:15] The strategy in borrowing and why Jason likes the lenders in his network

Website:

www.JasonHartman.com/Properties

Direct download: CW_944_Carrie_MTM_Wrapup.mp3
Category:general -- posted at: 10:19pm EDT

The 20th Meet the Masters of Income Property is in the books!
Thanks to all who came to this amazing event to learn and
expand your network. It was truly an awesome event thanks to
the speakers and the guests.

Listen in on some clips of our speakers from the 3rd day.
Sunday featured Jason Hartman, Brian Smith (founder of Ugg
Boots), Gary Pinkerton, the Moneyball Economist Andrew Zatlin,
lender Aaron Chapman, a lender panel with Aaron and Joe, an
investment counselor panel, and a Q&A with Jason's mom and
aunt!

Enjoy this wrap-up and we hope to see you at the next Meet the
Masters.

Key Takeaways:

[3:10] Brian Smith

[8:35] Gary Pinkerton

[14:23] Andrew Zatlin

[20:00] Aaron Chapman

[25:08] Lender panel

[33:32] Jason Hartman

[42:18] Investment Counselor panel

[44:00] Joyce & Aunt Joan

[46:57] The reluctant investor lament

Website:

www.JasonHartman.com/Properties

Direct download: CW_943_MTM_Day_3.mp3
Category:general -- posted at: 5:27pm EDT

The second day of Meet the Masters is in the books, and what a
day it was!

Jason Hartman kicked off the day with a brief talk about the
ulimate investing equation, then we heard from Dr. Ron Paul,
Garrett Sutton, John Burns, Ken McElroy, Ryan Schellhous, the
local market specialists, and Danielle DiMartino-Booth.

Listen in as these great minds share their insights about real
estate, liberty, and the markets with you.

Key Takeaways:

[1:05] Jason Hartman

[5:16] Congressman Dr. Ron Paul

[13:40] Garrett Sutton

[18:45] John Burns

[22:16] Ken McElroy

[33:56] Danielle DiMartino-Booth

Website:

www.JasonHartman.com/Watch

Direct download: CW_942_MTM_Day_2.mp3
Category:general -- posted at: 3:09am EDT

The first day of Meet the Masters has concluded, with an amazing, jam-packed day of presentations and panel discussions. Get a taste of the day with these snippets from some of our speakers and panel members.

Hear Jason's views on mortgage increases and ownership rates, Quad Cities demographic breakdown, Pat Donohoe's Human Capital Statement, lender insights into down payment and getting loans
for a non-working spouse, getting insurance in Florida, the dynamics of the Memphis market, important questions to ask your turnkey providers, home buying tendencies and more in this wrap-up of the first day!

Website:

www.JasonHartman.com/Watch

Direct download: CW_941_MTM_Friday_Wrap.mp3
Category:general -- posted at: 2:13am EDT

Today's Flash Back Friday comes from Episode 610, originally published in December 2015.

Our Meet the Masters of Income Property event is coming up soon and to start prepping for the affair Garrett Sutton introduces us to his topic of discussion for the event, asset protection. We talk about his new book and strategies for protecting your assets.

During the guest interview, Emily Filloramo helps us to unlock the fear and shame which may be holding us back from being the best we can be. She describes how childhood traumas may have a lasting effect in our business and personal lives. We need to recognize our negative self-talk and analyze our personal protective systems.

Key Takeaways:

Garrett Sutton Intro:

[2:23] Asset protection advice from someone who knows the business

[4:09] The State of California is the worst place to do business in the U.S.

[7:11] What is your asset protection strategy?

[8:47] Series LLC’s

[10:16] Garrett has 10 books including 6 in the Rich Dad Advisor series and his new book

[12:04] Meet the Masters of Income Property, extra tickets are available

[13:04] Venture Alliance Mastermind meeting is in Dubai - Get your tickets now

Emily Filloramo Guest Interview:

[15:00] Pieces of ourselves which hold us back

[17:27] Going deeper to identify the part of you which is afraid of success

[18:52] People live through a mask especially in their 20’s and 30’s

[21:15] Feeling shame and not belonging at a young age

[23:47] Arrogance is a sign people are hiding shame

[25:18] Understanding psycho-spiritual healing

[28:44] Is it safe for you to reach a goal is a question which identifies negative self-talk

[31:07] A Nelson Mandela quote

[33:05] Self-sabotage in the face of fear

[36:36] Analyzing your protective system

[40:41] Contact information for Emily

Mentions:

Garrett Sutton

Finance your own Business - Garrett Sutton

Jason Hartman

Venture Alliance Mastermind

How to Permanently Erase Negative Self-Talk So You Can Be Extraordinary

Be More Extraordinary

Emily@bemoreextraordinary.com

Direct download: CW_940_FBF_Emily_Filloramo.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman starts today's show with some final notes about Meet the Masters, which starts on Friday. There's some things you need to know in regards to availability after the event, social media opportunities at the event, and a special something being done with the Creating Wealth podcast at the event.

Then Jason talks with Barry Habib, renowned mortgage industry executive and founder of MBS Highway, about what to expect in the mortgage world in 2018. The two discuss why the media doesn't seem to get real estate, why real estate appreciation doesn't have to match stock market appreciation, mortgage tax deductions, and how the Roe v Wade decision actually impacted a housing bubble.

Key Takeaways:

Jason Intro:

[6:16] Get your Meet the Masters tickets now. There may be a product to get the speeches after the event, but it won't include Ron Paul

[9:22] Jason will no longer call California the "Socialist Republic of California", but Californians have one person they really need to lean on for relief

[12:55] The hashtag for Meet the Masters will be #JHLive

Barry Habib Interview:

[14:18] Is Barry still bullish the US real estate market?

[18:23] The power of leverage, when a 6% return can dwarf 20%

[22:12] The interest you pay for your house goes to the lender, but the principle is STILL YOUR MONEY

[24:37] How much Barry expects mortgage rates to rise in 2018, and how it impact appreciation

[25:42] Why aren't people taking the mortgage tax deduction?

[27:23] The bullish sentiment is the highest it's been in about 20 years

[31:33] How Roe v Wade led to a housing bubble

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Watch

www.MBSHighway.com


"Builders are not keeping up with household formations and household formations are going to continue to rise"

"The mortgage paydown should be considered positive cash flow, that's really what it is"

Direct download: CW_939_Barry_Habib.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman kicks off the episode talking with someone who's about to set a new standard at the Meet the Masters conference this weekend. Journey Captured, a Journey tribute band, will be performing Saturday night at the first ever Meet the Masters Concert. Jason talks with Bass player Giorgio Tupanjanin about his musical training, why he plays Journey, and what to expect at the concert.

Then Jason finishes his client case study with Sue & Gary Pinkerton. This time Sue offers some tips on self-management, the frustratingly fragmented (yet helpful) nature of real estate investing, and why you can't consider anything a passive investment.

Key Takeaways:

Jason Intro:

[1:59] A Journey tribute band will be playing at Meet the Masters

[3:50] Why Journey for a tribute band?

[6:28] Is jazz music one of the most technical styles out there?

[9:51] How Journey found their current lead singer

Pinkerton Case Study:

[15:16] Sue's tips on self-management

[18:52] The fragmented nature of single family real estate investing is frustrating

[22:13] There is NO SUCH THING as a passive investment

Websites:

www.JasonHartman.com/Masters

www.JourneyCaptured.com

Direct download: CW_938_Pinkerton2.mp3
Category:general -- posted at: 8:57pm EDT

Jason Hartman starts off today's episode discussing the amazing effect of inflation on assets in all markets. Then he turns his attention toward the upcoming Meet the Masters of Income Property event and gives a little taste of what he'll be discussing (hint: core beliefs investors need to have), as well as why there will be a whole host of Local Market Specialists at the event.

Then Jason goes into the first part of his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they're investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they're currently in. Part 2 will be aired tomorrow.

Key Takeaways:

Jason Intro:

[3:26] Apple's new code release for their old Lisa computer technology, which would have been a $24,700 desktop today, which shows the power of inflation

[6:26] Jason will be discussing the core beliefs that we all need to have as investors at Meet the Masters

[8:26] What Gary fails to mention at the start of his client case study

[11:02] There will be an abundance of Local Market Specialists at Meet the Masters, so you can meet the people you're working with

Gary & Sue Pinkerton Client Case Study:

[17:15] Gary & Sue's first property did NOT start off well

[22:05] It's crucial to listen to your wife's intuition

[25:57] How Gary & Sue decided to split up their mortgages and why

[29:06] Why Gary & Sue picked the markets they're in today

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Direct download: CW_937_Pinkerton.mp3
Category:general -- posted at: 9:48am EDT

Jason Hartman has a special announcement for everyone attending (or considering attending) the 2018 Meet the Masters of Income Property. 

This year there won't be a paper schedule, but an app that tells you everything that's going on at the event. Make sure to check your email for the link to download the app before the event.

Also, Jason thanks all the entrants to the 5-year plan, get ready to see some of them at Meet the Masters, and announces the winner of the contest for 2 tickets to Meet the Masters.

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com

 

Direct download: CW_MTM_Announcements.mp3
Category:general -- posted at: 10:14pm EDT

Today's Flash Back Friday is from Episode 638, originally published in February 2016.

Jason shares his real life rise in wealth story and it all started with an income property seminar.

This is a great episode for anyone you know who is just starting out in investing. It leaves little doubt that investing in income properties with a buy and hold strategy is the way to gain wealth. Jason describes the basics to Brian Bain, a stock market investor, and fellow podcaster. He shares examples of how 30-year mortgages on single family homes are a not only a multi-dimensional asset class but also a tax write-off. If you want to hear a concise, easy to understand overview of how to make money in the complicated U.S. financial market, this is the show for you.

Key Takeaways:

Jason’s Editorial:

[1:58] Ben Bernanke and Yogi Berra quotes

[3:21] Investors must align their interests with Central Bankers

[7:22] Arbitrage – Exploiting the differences in things as a real estate investor

[10:43] Jason Hartman University Live Event in Salt Lake City, Utah

[11:56] Vacation rental properties in the Orlando market, yes or no?

Brian Bain interviews Jason for his “Investor in the Family” podcast:

[17:15] His story – Jason started in real estate when he was just a teenager

[23:36] Income property is a multi-dimensional asset class and a tax write-off

[27:46] A lender cannot sue you if you have a non-recourse loan on a property

[31:40] 6 ways the government will deal with underfunded entitlement programs

[35:10] Investors should align their interests with governments and banks

[37:39] Inflation redistributes wealth better than taxes

[40:00] An example of how thousands of people gained wealth from single family homes

[49:21] Anything without income is not really an investment

[51:07] Long term investments are definitely the way to invest your money

Mentions:

www.JasonHartman.com/Properties

Investor in the Family Podcast

1984 – George Orwell

Tweetables:

“Did you know a lender cannot sue you for default if you have a non-recourse loan on a property?”

“Banks and governments, we don’t like them but aligning your interests with them is the way to wealth.”

Direct download: CW_936_FBF_Brian_Bain.mp3
Category:general -- posted at: 9:14am EDT

Today's Flash Back Friday is from Episode 638, originally published in February 2016.

Jason shares his real life rise in wealth story and it all started with an income property seminar.

This is a great episode for anyone you know who is just starting out in investing. It leaves little doubt that investing in income properties with a buy and hold strategy is the way to gain wealth. Jason describes the basics to Brian Bain, a stock market investor, and fellow podcaster. He shares examples of how 30-year mortgages on single family homes are a not only a multi-dimensional asset class but also a tax write-off. If you want to hear a concise, easy to understand overview of how to make money in the complicated U.S. financial market, this is the show for you.

Key Takeaways:

Jason’s Editorial:

[1:58] Ben Bernanke and Yogi Berra quotes

[3:21] Investors must align their interests with Central Bankers

[7:22] Arbitrage – Exploiting the differences in things as a real estate investor

[10:43] Jason Hartman University Live Event in Salt Lake City, Utah

[11:56] Vacation rental properties in the Orlando market, yes or no?

Brian Bain interviews Jason for his “Investor in the Family” podcast:

[17:15] His story – Jason started in real estate when he was just a teenager

[23:36] Income property is a multi-dimensional asset class and a tax write-off

[27:46] A lender cannot sue you if you have a non-recourse loan on a property

[31:40] 6 ways the government will deal with underfunded entitlement programs

[35:10] Investors should align their interests with governments and banks

[37:39] Inflation redistributes wealth better than taxes

[40:00] An example of how thousands of people gained wealth from single family homes

[49:21] Anything without income is not really an investment

[51:07] Long term investments are definitely the way to invest your money

Mentions:

www.JasonHartman.com/Properties

Investor in the Family Podcast

1984 – George Orwell

Tweetables:

“Did you know a lender cannot sue you for default if you have a non-recourse loan on a property?”

“Banks and governments, we don’t like them but aligning your interests with them is the way to wealth.”

Direct download: CW_936_FBF_Brian_Bain.mp3
Category:general -- posted at: 9:14am EDT

Jason kicks off the show with a reminder for Meet the Masters, along with some quick tips for property owners about pet rent, your property manager, and running the numbers before purchasing your property.

Then Jason Hartman talks to Meet the Masters of Income Property keynote speaker John Burns, CEO of John Burns Real Estate Consulting, about how the autonomous car is going to change the look of cities, what a "surban" is, and why the 1980s is "the sharer" generation. The two also go into a more in-depth look about what kind of markets there are in the United States, and which hybrid markets may be on their way down.

Key Takeaways:

Jason Intro:

[5:05] A quick tip on pet rent

[7:58] Pay attention to your property managers

[9:37] Look beyond cash flow when evaluating properties to purchase

[11:37] Returns shrink as markets become more sophisticated

[13:28] Get some good photos of your home right when you purchase

John Burns Interview:

[17:36] Amazon's search for a second headquarter location, and where John thinks it will be

[20:19] How John classifies markets

[22:48] Hybrid markets like Austin and Dallas are seeing way more growth than they normally do in cycles, and why Austin's best days may be behind it

[24:17] The world is shifting more toward suburban apartments, being driven by local money

[26:53] The definition of "surban"

[32:00] The nickname for those born in the 1980s is "the sharers"

[35:01] The impact of autonomous cars

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.RealEstateConsulting.com

"The more perfect the marketplace, the less opportunity is available"

Direct download: CW_935_John_Burns.mp3
Category:general -- posted at: 11:44am EDT

HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Jason kicks off the show discussing scalable business models, the impact of rising interest rates in 2018 and the bubble economy we're in now. There will be a lot more in-depth coverage of these issues at Meet the Masters of Income Property in 2 weeks!

Then, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.

Key Takeaways:

Jason Intro:

[1:59] The best business model in the music world

[7:25] What we'll be seeing as interest rates creep higher in 2018

[12:36] It's easy to suggest that we live in a bubble economy

Danielle DiMartino-Booth Interview:

[16:11] Danielle's thoughts on the new GOP Tax Reform

[19:40] Share buybacks have slowed, why is that important?

[22:20] We have no idea what the unwind of the biggest experiment in monetary policy will look like

[25:12] Why the biggest bubble out there today is the confidence bubble

[26:06] Danielle's opinion of the cryptocurrency world today

[28:38] The best comparison for the cryptocurrency mania we see today

[31:57] The United States has had a shrinking work force for 20 years now

[32:52] We have GOT to change our education system so we can be competitive on the global stage

[35:01] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.DiMartinoBooth.com

www.Twitter.com/DiMartinoBooth

Tweets:

So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it

2017 has been a record run rate for quantitative easing globally

You can't tell me that anything is a storer of value that can lose 25% in a week

Direct download: CW_934_Danielle_DiMartino_Booth.mp3
Category:general -- posted at: 9:00am EDT

Today's Flash Back Friday comes from episode 616, from January 2016.

Phase 1: Buy some properties, Phase 2: Protect your assets

Jason answers your questions in this high-level Q&A. The main takeaway from this episode is to buy some properties now. Getting started is often the hardest part for real estate investors. If you don’t start today you may put off creating a wealthy future for yourself and one day realize it is too late. If you buy your properties with the help of Jason’s team you are able to leverage the huge volumes at which they do business. You get seasoned, professional help with your very first property purchase. You don’t have to do this alone!

Key Takeaways:

[3:36] Oliver was a dedicated listener before working as an investment counselor

[9:31] Why doesn’t the whole world know about income property?

[11:27] 14 million individual investor-owned single family homes

[15:20] Jason answers real listener questions about LLC’s, evictions and identifying markets

[17:57] 1.) Buy some properties and 2.) Protect your assets

[23:57] How to identify and choose a real estate investment market and the local market team

[29:21] Understanding acquisition costs for the Local Market Specialist

[32:55] Properties on JasonHartman.com are not necessarily the best deal you can get

[35:07] Multiplexes or single family houses? Which is better for cash flow?

[38:56] Higher priced properties have lower rent to value ratios

[40:25] Meet the Masters event is coming up – you can still get a ticket

[41:45] Venture Alliance trip to Dubai on President’s Day weekend

Websites:

www.JasonHartman.com/Properties

www.VentureAllianceMastermind.com

www.JasonHartman.com/Masters

Direct download: CW_933_FBF_Happy_New_Year.mp3
Category:general -- posted at: 10:00am EDT

Jason kicks off the show looking at a microtrend he's been seeing after the GOP Tax Reform was passed, which may only be attributable to people wanting to hate anything Trump does. He also looks at the response of people to the tax reform, with people looking to prepay their property taxes and write it off on their 2017 taxes.

In this second half of the show, Jason Hartman finishes his interview with CPA Ryan, as the two continue their look at the new GOP Tax Reform. Ryan points out a few more big changes, as well as several minor ones. Some of them are HUGE for real estate investors, like the accelerated bonus depreciation, while some are mostly targeted at smaller groups (like hedge fund managers).

Key Takeaways:

Jason Intro:

[3:56] The microtrend Jason's noticed recently

[11:33] A lot of people are prepaying their 2018 property taxes before the end of the year so they can deduct it on their 2017 taxes

[15:25] Holiday retail sales were fantastic

[18:21] Enter at JasonHartman.com/Contest to win tickets to Meet the Masters

CPA Interview:

[20:50] The accelerated bonus depreciation is enormous for real estate investors

[24:21] Changes to the 1031 Exchange rule

[28:25] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques

[30:14] 529 plans (education plans for children) can now be used to pay for private schools

[30:47] Some tax changes that were EXPECTED but didn't end up happening

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

Direct download: CW_932_Ryan_Schellhous_2.mp3
Category:general -- posted at: 10:05am EDT

Jason Hartman starts off the show from the bottom of the Grand Canyon discussing the upcoming Meet the Masters event, along with his excitement about the new GOP Tax Reform.

Then Jason talks with CPA Ryan about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.

Key Takeaways:

Jason Intro:

[3:04] The Grand Canyon may actually be more impressive when you look up from the bottom

[5:39] Meet the Masters of Income Property is in 2.5 weeks, featuring Ron Paul

[7:45] Danielle DiMartino-Booth may not be a huge fan of the new tax reform; we'll find out at Meet the Masters

CPA Interview:

[12:58] The 30,000 foot overview of the GOP Tax Reform

[14:53] Will this tax reform create a repatriation of wealth back to the US?

[18:43] The move that mobilized the GOP forces toward tax reform

[20:40] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals

[22:50] The standard deducation has been increased, which should increase the number of simple 1040s being filed

[25:51] The single largest revenue raiser in the entire bill

[28:04] The change in mortgage interest deductions could cause a dampening in the high end real estate market

[30:33] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul

[32:25] Pass-through businesses are getting a 20% deduction

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

Direct download: CW_931_Ryan_Schellhous_1.mp3
Category:general -- posted at: 9:00am EDT

There's a constant dialogue going on in our head that tells us why we can't do something. There's constantly an excuse for our behavior that lets us shift the blame away from ourself and on to other things. Jason Hartman talks with Noah St John about this "head trash" and how we can change our thoughts to better our life.

In this 10th episode, Jason and Noah talk about how you can actively work on your mind to create the reality you desire, both professionally and personally.

Key Takeaways:

Jason Intro:

[2:30] Alexa, where's Santa Clause?

[3:29] The 5-year plan contest ends December 26, 2017

[5:25] Venture Alliance Mastermind group has been streamlined, the price is reduced, and now has ADD-venture trips

[7:19] The GOP Tax Reform is a great Christmas gift

[9:52] Do deficits matter that much when you have the reserve currency and the largest military ever known to mankind?

Noah St John Interview:

[13:43] What is head trash?

[18:26] Sometimes our own belief systems are what's holding us back

[22:16] How do you go about and actually change your belief to stop holding yourself back?

[24:50] Neuroscientists have identified what's known as the "Habit Loop" that you have to break

[27:18] People rarely realize how powerful they actually are

[31:46] Sometimes even things that are positive (like a good work ethic) can hold us back from where we want to go

[34:39] The difference between affirmation and afformation

[37:46] How you can use afformations in your relationships

Website:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.JasonHartmanIceHotel.com

www.NoahStJohn.com

www.SendMeABookNoah.com

www.AfformationsBook.com

"There's no lack of information but there's a DEFINITE lack of implementation"

"If you keep not delegating then pretty much you're going to be stagnating."

Direct download: CW_930_Noah_St_John.mp3
Category:general -- posted at: 8:00am EDT

This week's Flash Back Friday comes from Episode 626, originally posted in January 2016.

Cozy makes collecting rents and screening tenants accessible from anywhere.

Owning the most historically proven asset class, income property, is getting easier. This new service allows landlords to screen tenants, view credit reports and collect rents from a smartphone or tablet. There are nominal fees built into services like debit card processing and the obtaining of a credit report which are paid for by tenants. Professional property owners now have a one-stop shop for managing their income properties, no matter where they are in the world.

Key Takeaways:

Jason’s Editorial:

[1:24] The devastating news from the stock market, was it manufactured?

[5:44] Could the government take away the benefits of the most tax favored asset?

[7:37] The entire world economy is 60 trillion in a year and we lost 8 trillion in less than 1 month

[9:58] Let’s print more money because there is no limit

[12:57] Get free powerpoint slides and a reserve your spot for the next JHU event March

Gino Zahnd Guest Interview:

[17:12] What exactly is Cozy and how did it start?

[20:23] A landlord has access to a tenant’s credit report without the chance of identity theft

[22:10] An agent can only use the screening tools or the full-service option

[24:59] Can a landlord can still add an application fee to cover their time spent?

[27:44] Credit reports & background checks have a fee associated with them via Cozy

“We help landlords by eliminating the hassle of rent checks and screening new tenants.”

[29:35] Automated Clearing House (ACH) payments are free between landlord and tenants

[32:07] Cozy eats the cost of transactions in exchange for client satisfaction

[33:26] 2 ways for a landlord to initiate payments

[35:45] Cozy’s goal is to be the best one-stop shop for realizing rent payments

“Landlords will be notified when rent payments are received, removing the need to manually check.”

[39:52] Rental markets are in the U.S. are fragmented and hard to access

[40:50] Cozy is available on your phone or tablet and new services are coming

Websites:

www.Cozy.co

@cozyco

www.JasonHartman.com/Masters

www.JasonHartman.com/Matrix

Direct download: CW_929_FBF_Gino_Zahnd.mp3
Category:general -- posted at: 8:56am EDT

Jason Hartman and Ken McElroy finish up their conversation started in episode 927. This time, however, the two look into the importance of how property owners (and managers) treat their tenants, and why many people are doing it wrong. They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.

Key Takeaways:

Jason Intro:

[3:29] Apple has confirmed a long-held conspiracy

[6:38] Jason believes this tax plan is going to be phenomenal for the economy

[10:49] Some back of the napkin math on the impact of the new tax plan

[15:19] It's been 3 decades since we've had real tax reform, so Jason's bullish

Ken McElroy Interview:

[20:42] It's important to treat all your residents as your customers

[22:08] Is the idea of home ownership a myth?

[24:22] Population growth and migration are two things critical to investment success

[27:41] The state of the states

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.MCCompanies.com

Direct download: CW_928_Ken_McElroy_2.mp3
Category:general -- posted at: 5:48pm EDT

Jason Hartman starts off the show discussing the recent news that economic optimism under President Trump is nearly unprecedented. He also goes into what to look for when moving, and what "The Wheel of Life" is about.

Then we have part 1 of Jason's interview with Rich Dad Advisor Ken McElroy, who will be speaking at this year's Meet the Masters of Income Property in La Jolla. Ken tells Jason some of the most common mistakes he sees real estate investors make, why you can't just buy real estate any time you like, and some tips on how to do property management the right way.

Key Takeaways:

Jason Intro:

[3:52] We are at a time of unprecedented economic optimism

[6:11] Why Jason enjoys moving and what to look for when you're moving

[12:25] CNBC video about current levels of economic optimism

[17:34] What The Wheel of Life is about

Ken McElroy Interview:

[24:16] The two common mistakes Ken sees in real estate investors

[26:19] Real estate is cyclical, so you can't just buy all the time throughout your career

[28:41] Ken's real estate business model

[30:20] Some tips on how to do property management right

[33:01] C class properties look good on paper, but in the long run, better quality properties bring better quality tenants

Website:

www.JasonHartman.com/Masters

www.KenMcElroy.com

Direct download: CW_927_Ken_McElroy_1.mp3
Category:general -- posted at: 9:41pm EDT

The GOP tax plan is looking like it's going to be going through in the near future, but with a bill this long nobody is 100% sure how it's going to impact their taxes. In the second part of their interview, Jason Hartman talks with Naresh about what Jason's seen in the tax plan that will impact income property investments and why the plan will create upward pressure on rents.

The two also go into censorship in America, from YouTube to Naresh's new book, Trumpbook: How Digital Liberals Silenced A Nation Into Making America Hate Again, which he's been unable to market in traditional outlets that are advertising left leaning books.

And don't forget to do your 5-year plan, record it and upload it by Christmas to enter the contest!

Key Takeaways:

[5:02] This tax plan will be great for real estate investors because it dis-incentivizes buying a home

[8:38] The White House clip on taxation

[12:05] Supply side economics works, it's not a zero sum game

[18:25] The Fed is going to be raising rates six times in the next 2 years, which will be HUGE for real estate investors getting in now

[22:23] The 2 things that could ruin Jason's prediction on interest rates impact

[23:52] Naresh's new book, Trumpbook, is being censored by the mainstream media. Get a free copy by going to www.NareshVissa.com

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.NareshVissa.com

Trumpbook: How Digital Liberals Silenced A Nation Into Making America Hate Again

"Earned income by employment is always the least favorable income you can have in the US."

Direct download: CW_926_Naresh_GOP_Tax_Plan.mp3
Category:general -- posted at: 4:14pm EDT

In part one of Jason Hartman's interview with client Naresh, the two discuss what led Naresh to buy his first income properties, why he is now veering away from investing in things like the stock market and cryptocurrencies, and how our portable, sharing economy is changing everything.

Naresh is currently purchasing his second rental property while RENTING his apartment in Florida, something most people would consider the "wrong" decision.

Key Takeaways:

[7:03] How Jason & Naresh first met

[9:33] How the "portable society" impacts you as a real estate investor

[13:01] The world is changing faster than ever before, so we need to throw a lot of our old ideas out of the window

[19:28] We'd all love to get something for nothing, but really we're just gambling

[22:38] An interesting piece of education from Naresh's recent trip to Columbia that shows the value of the dollar

Websites:

www.JasonHartman.com/Masters

www.KrishMediaMarketing.com

"Nothing is bigger than the American brand, no brand has more value than the United States of America brand"

Direct download: CW_925_Naresh.mp3
Category:general -- posted at: 11:03pm EDT

The world today has created criminals that have become more and more sophisticated as crime has gotten harder due to security measures most people are using. Doors aren't left open any more, everything has an alarm on it, but people still don't protect EVERYTHING. Identity theft is a huge problem, and there are scams abound for people who are willing to sink to that level. Jason Hartman warns about some of the newer scams to hit the market.

Also, don't forget to do your 5-year plan video or register for Meet the Masters!

Then, Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about Jorge's real estate journey, including having to fight against local government in an attempt not to lose an 1,100 unit apartment complex. Jorge at one point was $26 million in debt and has fought his way back and is set on helping those who need it most.

Key Takeaways:

Jason Intro:

[3:09] Jason's thought on identity theft, which Jason considers the biggest crime in the world

[5:57] One of the new telemarketer scams out there today

[9:30] A story about how fractional lending actually stopped a man from being foreclosed on in the 60s

[12:34] The 5-year plan videos are looking great!

Jorge Newberry Interview:

[20:26] How Jorge got into the real estate business, and was taken down by a single ice storm

[24:46] The City of Columbus, OH wouldn't let Jorge's renovations pass inspections

[28:56] A fake news story about Jorge being investigated turned the public against him and his renovations

[33:13] Why Jason is okay with the strategic default practice, even as a lender himself

[34:39] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation

[38:39] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation

[40:45] The wealth concentration in our nation is becoming untenable

[42:20] The #1 piece of advice for if you're in trouble with your loan

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.AHPFund.com

www.DebtCleanse.com

Over the course of time, it is in the interest of the banks, and the creditors, and the Fed...to create these bubbles.

Direct download: CW_923_Jorge_Newbery.mp3
Category:general -- posted at: 8:00am EDT

There's a whole lot going on in the economic world today, so Jason Hartman decided to talk to Cody Mamone, CTP, a Vice President for PNC Bank, about what on Earth is going on in the cryptocurrency world, and how it might be impacted by Bitcoin now trading on 2 exchanges in the United States.

The two also delve into the growth of consumer debt in the past 5 years, as well as where interest rates may be headed and how much of an impact even a slight change in rates can have for investors and homebuyers.

Key Takeaways:

[4:47] The difference between saving versus savingS rates

[9:36] The Fed has some useful data that can be used for your investing research, and one thing in the consumer credit reports stuck out

[11:40] The growth in consumer (and student loan) debt in the last 5 years has been astounding

{14:32] Cryptocurrency mania is going crazy and it's not a healthy thing

[16:51] The REAL environmental destruction that cryptocurrencies are creating

[19:45] What's going to happen to Bitcoin now that it will be traded on 2 exchanges? Will the volatility finally end?

[25:59] Where are interest rates headed?

Websites:

www.JasonHartman.com/Masters

www.PNC.com

A 1% rise in interest rates would disqualify 5 MILLION households from owning a $200,000 home

Direct download: CW_922_Cody_Mamone.mp3
Category:general -- posted at: 4:39pm EDT

Jason Hartman starts off the show with Investment Counselor Carrie from a single family investment trade show in Phoenix, Arizona. The two have been meeting vendors at the trade show and are absolutely amazed at the opportunities that smart technology is creating for investors. These innovations will allow investors to truly increase their profits as they become more comfortable self managing their properties across the nation.

Then, Jason goes off topic with Cameron Herold, author of Double Double: How to Double Your Revenue and Profit in 3 Years or Less, and Meetings Suck, about how his Vivid Vision can clarify your purpose and help you get on the right path.

It's imperative that every business knows exactly what the mission is, and that every employee in the business knows where the company is headed. It's the only true way to get, and stay, ahead of the competition.

Key Takeaways:

Jason Intro:

[3:32] There's technology coming that will allow you to review tenants (and have them review you)

[8:14] Smart technology is making it easier to self-manage properties from a distance, and increasing your profits in the process

[8:56] DO YOUR 5-YEAR PLAN!

Cameron Herold Interview:

[14:15] How writing your Vivid Vision can author your future

[17:39] Reverse engineering your Vivid Vision

[20:26] Finding the "sweet spot" in length for your Vivid Vision, and how to properly use it

[23:43] What should you do with your Vivid Vision? How much does David share his?

[28:32] How to run meetings properly

[31:41] How long should you book your meetings?

Websites:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.CameronHerold.com

Direct download: CW_920_Cameron_Herold.mp3
Category:general -- posted at: 10:40am EDT

Is the home ownership rate too high? Are millennials going to enter the market and disrupt everything? To answer these questions you have to answer Jason Hartman's key question in life: compared to what? Any time you're making plans or comparing one thing to another, the question of compared to what pops up, and it's something we should continue to ask ourselves.

Is buying a rental home a smart option? Compared to what?

Should I put money toward this investment? Compared to what?

Later in the show Jason talks with Ed mermelstein, founding partner of Rheem Bell & Mermelstein LLP, about what the GOP tax plan will likely do to foreign investment in US real estate. Ed describes how foreign investors are CURRENTLY investing in the US, and whether this plan will make the money flow in to the country or go running away to other countries. This impact will have especially large effects on big name markets like New York, San Francisco, and Los Angeles.

Key Takeaways:

Jason Intro:

[2:45] "Compared to what" is the question you need to ask about everything, and it's especially important when it comes to foreign real estate investors in the United States

[8:24] Millennials are entering the housing market, but not in a significant percentage

[11:23] Jason's big piece of advice for people making their 5-year plan video

[14:21] David Copperfield & Jerry Seinfeld's net worths go to show you the power of media & scalability

[16:19] The list of countries with the highest & lowest GNI

Ed Mermelstein Interview:

[23:59] Will the proposed tax plan make the US real estate market more or less attractive to foreign investors?

[26:14] The typical business designation that foreign investors use

[28:49] Why some changes in deductions will effect investment in big cities like NY, LA, SF

[31:55] Which countries some of the major US markets get most of their foreign investment dollars from, and how the investors are using their properties

[35:58] Are any foreign governments buying US real estate?

[38:59] The US is in a sweet spot where European and Asian investors will invest, but it doesn't go overboard because of logistics like time differences and distance

Website:

www.RBMLLP.com

www.OneAndOnlyRealty.com

www.JasonHartman.com/Contest


"If fewer people wanted to own homes it will be better for the economy, and it will be better for investors."

Foreign investment tends to sometimes make the news in a negative manner, but we should also consider the benefits of foreign investment in the United States

Direct download: CW_919_Ed_Mermelstein.mp3
Category:general -- posted at: 10:46am EDT

Today's Flash Back Friday comes from Episode 581, originally published in October 2015.

Understanding various mortgage types and how it affects you, the investor.

Even though Jason believes in a fixed rate, long-term, buy and hold mortgage strategy, he encourages people to be informed about the additional financing options available. This week he and Naresh take a deep dive into the adjustable-rate mortgage, breaking it down into easy to understand piece parts. They also discuss the wrap around mortgage, what the term negative rate means and give numerical examples to clearly explain each distinct type of calculation.

Key Takeaways:

[2:46] 5 Elements of adjustable-rate mortgages (ARM)

[4:19] 1. Start or Teaser rate

[5:10] 2. Index

[7:20] 3. Margin

[8:50] 4. Annual cap – 3 types

[13:38] Negative interest rates

[18:17] Negative amortization rate

[19:05] Sophisticated investing techniques

[22:43] AITD – Wrap around mortgage

[24:23] Wrap around mortgage example

Website:

www.JasonHartman.com/Properties

Direct download: CW_918_FBF_Financing_Options.mp3
Category:general -- posted at: 9:04am EDT

Jason Hartman is happy to bring one of his clients, Adam Jackson, on to the show to talk about his journey into real estate investing. Adam started buying properties toward the end of 2016, and has subsequently purchased 11 homes in the past year on his quest for financial freedom.

Adam shares what markets he's currently invested in, where he's looking to expand, keeping score with personal financial statements, and keeping a healthy balance.

Key Takeaways:

Jason Intro:

[2:07] Do your 5-year plan and submit it to www.JasonHartman.com/Contest

[6:40] 2018 is predicted to be an earthquake heavy year, so be careful with your property in earthquake zones

[10:02] Venezuela is the latest example of runaway inflation

[13:15] Invest in commodities and fight inflation with income properties

Client Case Study with Adam Jackson:

[15:33] Who is Adam Jackson?

[21:12] Where Adam bought his first property, and why

[23:23] Why Adam chose to buy a home with cash

[31:12] When you suffer through an expensive repair, remember that your loss is shared by the government on your tax return

[33:50] How to keep score via financial statements

[38:44] The P vs PC Balance

[41:50] Adam's attempt at the abundance mentality and trying to pass along whatever wisdom/money/time he can

[45:31] Focusing on a few things in-depth is better than a little bit of everything

Website:

Submit Your 5-Year Plan!

www.JasonHartman.com/Masters

Magic Power by Triumph


"The other asset, that people don't realize they have, is their credit"

Direct download: CW_917_Adam_Jackson.mp3
Category:general -- posted at: 2:07pm EDT

Over the Thanksgiving weekend, Jason Hartman found himself looking through his old books in his mom's house. In the stacks he found two books that were key in his investing journey, The Art of the Deal by Donald Trump, and Mission Success by Og Mandino. Jason explains why these books impacted him so much and why they're still important today.

Then, Jason talks with Jeff Meyers, President at Meyers Research, about the state of the housing market across the USA, and how much runway the market might have. They also discuss whether millenials are finally ready to buy their first houses, and the incredible impact the self-driving car will have.

Key Takeaways:

Jason Intro:

[2:40] The book that turned around Jason's real estate career at the age of 24

[6:33] Jason would listen to Og Mandino's Mission Success cassette on repeat

[11:54] Walter Hoving's views on capitalism

[15:15] Capitalism is the best (and most natural) economic system ever

[17:47] A JasonHartman.com sale! $200 off VIP or Elite level Meet the Masters ticket

Jeff Meyers Interview:

[21:13] Are the millenials finally entering the home buying market?

[24:04] There's been a long economic recovery, but housing hasn't led the way so Jeff sees more runway

[28:43] When did the real recovery from the Great Recession begin, and how does it affect where we are in the housing cycle?

[31:24] Mortgage lending is getting tighter than ever, with the average FICO score on each loan being 720 (the banks are allowed to loan at 680)

[32:56] The self driving car could cause a resurgence of the suburbs, but it will DEFINITELY be a game changer for real estate (perhaps like how Amazon has changed the retail industry)

[36:09] The cottage industry that could spring up out of the emergence of the self driving car

Website:

www.MeyersResearch.com

www.JasonHartman.com/Masters (promo code "black" for the sale)

www.JasonHartman.com/Contest

The Art of the Deal

Mission Success by Og Mandino

Quotes:

Suburban markets we see some runway. they have not kept up, and that's where a lot of demand is starting to take off.

You have to remember that what caused this recession was a direct hit from the mortgage market

Direct download: CW_916_Jeff_Meyers.mp3
Category:general -- posted at: 2:13pm EDT

Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.

Ken is a Rich Dad advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.

Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.

Website:

www.KenMcElroy.com

Direct download: CW_Ken_McElroy.mp3
Category:general -- posted at: 9:00am EDT

Today's Flash Back Friday comes from Episode 569, originally published in September 2015.

Don’t miss a thing with Jason Hartman University property acquisition checklists. So you’ve decided to invest in real estate, what now? Using the checklists provided by Jason…

Website:

www.JasonHartman.com/Properties

www.JasonHartman.com/Contest

Direct download: CW_915_FBF_Checklist.mp3
Category:general -- posted at: 10:00am EDT

It's Thanksgiving Day, and it's time to take stock of all the blessings in your life. Jason Hartman recorded this episode in the home of his new podcast editor, Adam Schroeder. The two of them discuss how Adam and his wife recently became real estate investors through Jason, as well as why it's important to acknowledge your blessings in life.

Key Takeaways:

[3:16] The Schroeder family purpose statement

[6:23] Client case study with Adam

[10:48] Why appraisals are getting harder to come in at the sales price of the home

[19:01] Dennis Prager's Gratitude

[25:31] Take time to make a list of what you're grateful for

[29:43] Feeling entitled can quickly become a burden

Website:

www.PragerU.com

Direct download: CW_914_Adam_Schroeder.mp3
Category:general -- posted at: 11:17am EDT

Jason Hartman starts off the show talking with Elisabeth Embry about how she makes her 5-year plans, and why it's important. The 5-year plan contest is still going on, and you can win great prizes and set your future up for success by making one and sharing it with others.

Then, Jason continues his conversation with former Congressman Dr. Ron Paul. The two finish up their talk by looking at why the government thinks they're the best option for many aspects in our lives, what would happen if the government got out of the way and prices reverted to normal (rather than the distorted view we're getting today), and why we shouldn't expect to see inflation curbed in the near future (or ever, more likely).

Key Takeaways:

Jason Intro with Elisabeth Embry:

[2:33] The 5-year plan contest is still going on

[4:13] How Elisabeth, and her husband, take the time to put pen to paper and come up with their 5-year plan

[7:15] We tend to not put much emotion into our investing victories, which can make us only remember the negatives

[10:46] Planning your journey using the Amazon Press Release method

[14:37] Take stock of your resources, you probably have more than you realize

[16:01] Creating your 5-year plan will help it come true, we're able to achieve more than we realize when we say it out loud

Ron Paul Interview, Part 2:

[18:50] What business is it of the government to involve themselves in so many aspects of our lives?

[21:11] Many governmental programs have distorted markets like student loans and housing markets

[25:28] Distorted prices and manipulating the currency and tax codes makes people worry about gaining the best tax advantage rather than getting the highest return or providing the most value

[28:42] Inflation, from the government and central bank point of view, seems to be a great business plan

Websites:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.RonPaulLibertyReport.com

Direct download: CW_913_Ron_Paul_2.mp3
Category:general -- posted at: 7:42pm EDT

Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament.

Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday.

Key Takeaways:

Jason Monologue:

[3:50] Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets

[8:16] The construction void: lowest home starts since 1964

[13:16] The idea of a bubble warning

[17:04] When Jason didn't buy mobile home parks, an investors lament

[20:18] A huge labor shortage in the construction industry

[22:05] Don't forget to make your 5 year plan

Ron Paul Interview:

[24:01] What is the meaning of liberty, according to Ron Paul?

[28:50] How do you draw the line about what the government should be involved in?

[32:20] Ron Paul's liberty amendment to end income tax

[35:58] Progressive education has harmed our nation

Websites:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.RonPaulLibertyReport.com

Direct download: CW_912_Ron_Paul.mp3
Category:general -- posted at: 3:30pm EDT

Today's Flash Back Friday comes from Episode 563, from September 2015.

If you are using your buy and hold properties as short term rentals, through a company like AirBnB,  you may be required to pay an additional 15.3% self employment tax. Although it may seem like a gray area to you, the IRS considers it an active business and will take note of which schedule you are filing. Short term rentals require more of your labor and your time which rarely gets accounted for when calculating costs. Considering all the aspects of short term rentals versus long term buy and hold properties will shield you from future surprises.

Key Takeaways

Jason’s Editorial:

[2:04] The huge flaw in Airbnb

[3:10] The passing of Dr. Wayne Dyer

[4:14] The female perspective

[5:40] Positive Feedback from the 1st Jason Hartman University

[7:39] Save the Date for the next Meet the Masters in early January 2016

[9:30] The Venture Alliance Rhode Island trip details

Brandon Hall Guest Interview:

[15:02] Airbnb investors also have a 15.3% tax on active income

[16:13] Monetizing the value of your time

[16:44] Automated business systems allow me manage my real estate in only 30 min per month

[19:01] It’s more time and labor intensive than a buy and hold property

[21:50] A complicated scenario in setting up short term rentals

[24:49] Short term rentals may earn more but the time is not factored in

[25:45] Schedule E or Schedule C?

[27:47] The IRS may be bringing on the audits

[29:33] A 5 year depreciation schedule

[31:05] The diminimous safe harbor

[33:23] 500 material participation is solely for rental properties

[36:06] An example of a three unit qualifier for material participation

[37:53] Long distance self management is possible and maybe easier

[39:35] Segmented depreciation, cost segregation using a sears catalog

[42:41] Feasibility studies are expensive

[44:43] Everybody needs a home office

Mentions:

YourErroneousZones

JasonHartman

reviews@jasonhartman.com

EO

HallCPALLC

Direct download: CW_911_FBF_Brandon_Hall.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman starts off this 10th episode with a look into the "tulip bubble" in cryptocurrencies that he's afraid is going to explode. It's taking more and more energy to "mine" Bitcoin these days, and this fake work is causing real damage to our environment. Jason explains what he thinks will eventually replace cryptocurrencies like Bitcoin, and also announces the newest addition to the Meet the Masters event in January.

In his 10th episode interview, Jason talks with Mark Sanborn, author of the new book The Potential Principle: A Proven System for Closing the Gap Between How Good You Are and How Good You Could Be, about how to traverse The Potential Matrix and create a better self. No matter how your life has been going, there's always room for improvement. 

Mark offers some tips on activities you can do to better yourself, as well as some talk about The Fred Factor, and why it became (and remains) such a success.

Key Takeaways:

[2:49] A tulip bubble in cryptocurrencies?

[6:21] Our brain takes a lot of energy to power, so it doesn't want to think because it's easier to be lazy

[10:26] You have fake currency, creating fake work, doing real environmental damage

[12:17] A new speaker for Meet the Masters, Ken McElroy, is announced, and admission levels are explained

Mark Sanborn Interview:

[18:03] What is The Potential Principle?

[20:59] The Potential Matrix can tell us the 4 areas we can get better

[23:12] The first step fo the Potential Matrix is to disrupt yourself before someone or something else does

[26:40] Engage others: think who before you think how

[29:02] Some tips on how to properly select a book to read

[32:04] The importance of The 5 Friends

[34:09] Why was The Fred Factor a success?

[37:38] There are Fred's all over the place, we just sometimes don't notice them, and what we can learn from them

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.VentureAllianceMastermind.com

www.MarkSanborn.com

www.PotentialPrinciple.com

 

"If you don't disrupt yourself, somebody or something else will"

"Nobody can prevent you from choosing to be extraordinary"

"Everybody makes a difference, and the only question is what kind"

Direct download: CW_910_Mark_Sanborn.mp3
Category:general -- posted at: 2:51pm EDT

Today's Flash Back Friday is from Episode 562, originally published in August 2015.

Jason and Naresh discuss the lure of working on Wall Street and how big firms lure college kids with 6 figure salaries and pricey hotel stays. They delve into real estate being the most multidimensional asset class and the financial protections it offers. They reflect on clients who are using money from their corporate jobs to build their real estate portfolios by investing in income property on their way to becoming financially independent. And finally, the unsafe, unstable investment of gold.

Key Takeaways:

[2:11] Florida is very desirable for a lot of reasons

[4:25] Naresh went to Duke and worked on Wall Street

[6:22] An example of a Super Day at Morgan Stanley

[10:16] Kids don’t aspire to work on Wall Street, they are courted in college

[11:32] $150,000 a year right out of school

[13:16] We sell out when we become adults

[14:48] Venture Alliance event in September go to JasonHartman.com to sign up

[15:16] Invest money from your corporate career as a base on which to build your wealth

[16:54] You have no idea how the machine called Wall Street works

[17:48] Will gold continue to drop in value?

[18:30] Generation Y, what is it they find value in

[19:39] 7 reasons real estate is better than gold

[22:13] Your best insurance is a high loan balance

[23:35] Is your gold hiding offshore? How do you know it’s in storage?

[25:32] Jason’s Grandfather was a coin collector and had his home invaded for it

[28:55] 25% down for cash on cash return of 12% annually

[30:10] Multidimensional asset class is basically many different dimensions of income

[31:10] Information on future episodes

Websites:

www.MorganStanley.com

www.HudsonHotel.com

7 Reasons Real Estate is Better Than Gold

Gold Antitrust Action Committee

Direct download: CW_908_FBF_Real_Estate_Gold_Standard.mp3
Category:general -- posted at: 2:24pm EDT

2018's Meet the Masters event was already packed with great speakers like Jason Hartman, Garrett Sutton, Brian Smith, Danielle DiMartino-Booth, John Burns, and more. Today, Jason Hartman is proud to announce that former Congressman (and America's foremost advocate for liberyt) Ron Paul will be joining the fold to headline the event.

Ron Paul was most recently a Republican candidate for President in 2008 and 2012, and served in the US House of Representatives for Texas for more than 25 years in all. He is a critic of policies like the USA Patriot Act and has criticized the federal governments fiscal policies a multitude of times. He's also outspoken against Federal Reserve, and the US tax code.

Website:

www.JasonHartman.com/Masters

www.CampaignForLiberty.org

Direct download: CW_Ron_Paul_Announcement.mp3
Category:general -- posted at: 7:19pm EDT

If you want an early peak into a respected year end review, then you need to listen to what Professor David Collum has to tell Jason Hartman. The two discuss the dangerous situation that's being created by entities like the Fed and our own government that will lead to disasterous implications. The problem is, nobody knows when the can will be allowed to stop. We've been able to stave it off for years now, but the bill will come due at some point.

The two also look into the idea of "free speech" on college campuses and how to solve the intolerance shown by the left in that regard, as well as why Warren Buffett continues to lie about the equity market.

Key Takeaways:

Jason Hartman Monologue:

[3:06] The 5 Year Contest entry website and why you should do it

[7:22] The prizes available for the contest range from Meet the Masters admission to a Venture Alliance Mastermind weekend to an Amazon Echo

David Collum Interview:

[13:56] The merits of price gouging, and why price gouging laws are destructive

[17:00] The issue of free speech on college campuses, and whether it actually exists today

[21:31] If you want to solve the issue with students shouting down speakers, the administrators need to grow a backbone and punish the violators

[24:49] The metrics that show if equities are overpriced are fraudulent

[27:00] David is looking at a 50-70% reduction in the equities market

[30:10] What would happen to the economy if the Fed actually raised rates to something like 4%, and why it's a completely different world than when Voelker gave the economy its "hard medicine"

[34:00] Warren Buffett is a massive insider who likes to lie about the state of the market

Website:

The 5 Year Plan Contest

www.Twitter.com/DavidBCollum

David Collum's Cornell Faculty Page

David's Previous Year End Reviews


We shouldn't progress to the mean, we should regress to it, and that gets you to 60-70% regression.

"Overvaluation is appreciation pulled forward, and undervaluation is deferred appreciation"

Direct download: CW_907_David_Collum.mp3
Category:general -- posted at: 3:20pm EDT

The Trump Tax Plan that is being considered by Congress has been getting a whole lot of bad press. But is it really that bad compared to what we have right now?

Laurence Kotlikoff, William Fairfield Warren Professor at Boston University and President of Economic Security Planning, Inc, talks with Jason Hartman about what kind of impact the plan will actually have on the economy, why his model is different from many of the others, what we need to do to get the economy stimulated and rolling again, and what changes it would bring for real estate investors.

Key Takeaways:

Jason's Monologue:

[2:15] The myth of coastal properties

"It is amazing to me how just the right mindset will change ones life"

[8:32] Finding his 4 big mentors at the age of 17 changed the course of Jason's life

[13:44] The prizes for the 5 Year Plan Contest are revealed

Laurence Kutlikoff Interview:

[19:11] Reactions to the proposed tax cuts have been over the top because they're based on an analysis done with a faulty model

[23:44] Laurence's model shows that the tax cut plan will actually stimulate growth because of the corporate tax reform

[27:40] What the new plan would mean to real estate investors

[30:49] Every change to the tax code takes a few years for people to adjust

[33:48] This is one of the few times when you can lower the tax rate and actually get more revenue

[37:30] Would lower personal income taxes increase consumption and stimulate the economy?

Website:

www.JasonHartman.com/Masters

www.Kutlikoff.net

www.EconomicSecurityPlanning.com

"Generally who the government thinks they're helping isn't who they're helping, and who they think they're hurting isn't who they're hurting"

"No country that has grown dramatically has done it by spending"

Direct download: CW_906_Laurence_Kotlikoff.mp3
Category:general -- posted at: 10:31am EDT

Today's Flash Back Friday comes from Episode 557, originally published in August 2015.

Do you have the sense to wait out the market during lag times? Buy and hold is Jason’s philosophy, and he is a self made multi millionaire. The average American will never buy at the markets lowest point nor sell at the highest point. For most it takes time for the media’s influence to inspire action which means always being late to the game.

Increasing your knowledge and learning pertinent facts and figures will help you to anticipate upcoming changes in the market. This September in San Diego is your opportunity to receive a complete real estate investment education so you too can create your own wealth.

Key Takeaways:

[2:10] The impact of technology on inflation

[3:18] Rate of change in inflation rates

[6:01] Deflation in 2015 – July being the most deflationary month ever in the U.S.

[8:24] Maintaining yield with the income and expense ratios

[9:53] Staying power through lag time

[11:09] How deflation affects real estate markets

[13:58] Cash flow allows you to weather the downmarket storm

[16:15] Jason’s Commandment #5 – Thou shalt not gamble

[18:22] Naresh questions what happens to the real estate market if we see a rate hike in 2016

[19:00] The 3 dimensions of real estate are buy, rent or homeless

[21:42] Multidimensional asset class and price discovery

[23:08] An example of an exchange to a linear market

[25:00] Jason Hartman University Live in San Diego and Venture Alliance trip to Rhode Island

[30:00] Gold doesn’t produce income and its not a good asset class

Website:

ShadowStats

reviews@jasonhartman.com

“Why do most people miss out on selling high or buying low and what does the media have to do with it?”

“What are the 3 dimensions of real estate? Why knowing can help jump start your wealth creation.”

“JHU live will have the most comprehensive real estate investment information from industry experts.”

Direct download: CW_905_FBF_3_Dimensions_Price_Discovery.mp3
Category:general -- posted at: 12:13pm EDT

Over the past few years, investment properties have become harder and harder to get a really good deal, but there are still solid investments available. You just have to be willing to shift your mindset away from what you could have gotten 5, 10, 15 years ago.

You're being presented with the ability to have someone put $100+ in your bank account for the next 30 years, for the price of a down payment (around $20,000), not even taking into account all the other tax benefits you'll receive.

Jason Hartman and Sara, his investment counselor, talk about what's going on in the investment property market, the importance of a long term plan, and why cash flow can ease concerns of high interest rates.

Key Takeaways:

[3:55] The relative scarcity of real estate is why values continue to go up (and will continue to)

[7:49] The marketplace is the marketplace, and we must adjust our expectations in accordance with reality

[9:31] How real estate investors who have been doing it for 10+ years are adjusting their expectations for properties

"On no other asset class can you get such phenomenal financing, because income property is so secure"

[14:59] Investors are having to invest in multiple markets due to low inventory availability

[19:27] Jason's upcoming 5 year plan contest

[26:07] That interest rates are still this low is baffling to Sara and Jason

Website:

Meet the Masters 2018

"People usually underestimate what they can do in 1 year, and they radically underestimate what they can do in 5 years"

Direct download: CW_904_Sara.mp3
Category:general -- posted at: 3:53pm EDT

Business conscious people are leaving California in droves. Expert, Author, Attorney, Speaker and Advisor, Garrett Sutton shares his insight as to possible reasons for the mass exodus. He also describes the latest changes to IRS rules regarding LLCs and LPs, how income property investors can protect themselves from internal and external threats and how property holders can avoid large transfer taxes by utilizing a 1031 Exchange.

 

Garrett will be speaking during the upcoming Meet the Masters of Income Property in January 2018.

Key Takeaways:

[03:13] Three important things to consider when evaluating life.

[07:52] Meet the Master's event information.

 

Garrett Sutton Guest Interview:

 

[11:17] California's LLC, Estate, and Transfer Tax grabs.

[17:10] Hey California! A 1031 Exchange is supposed to be tax-free.

[22:32] New IRS rules for auditing LLCs and LP's.

[27:50] The importance of choosing the right state to form and hold your LLC.

[36:22] Garrett Sutton explains the internal and the external attacks on LLCs.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Corporate Direct or 800-600-1760


Originally aired as CW 543.

Despite popular belief, China is no longer a cheap place to do business with labor costs and real estate costs soaring. Join Jason Hartman as he interviews Shaun Rein, author of The End of Cheap China and Managing Director of China Market Research Group in Shanghai, about debunking common myths, such as China is stealing U.S. jobs.


Jason welcomes return guest, Daniel Amerman back to the program. Daniel and Jason have been discussing the US economy for over 10 years and Jason continues to use one of Daniel’s charts in his seminars. Daniel is a Charter Financial Analyst with the ability to dissect economic statistics and other financial information then create practical, relatable charts we can all understand. During today’s conversation, Daniel speaks about the unfunded liabilities of the  Social Security Administration, hidden inflation and why the mortgage is one of the few wealth creating vehicles left.

Key Takeaways:

[02:31] Meet the Masters of Income Property Event Speaker information.

 

Daniel Amerman Guest Interview:

 

[10:25] The first real estate President has a vested interest in the economy beyond what is good for the people.

[14:36] Congressional Budget Office says 'trust us'.

[17:00] The Social Security Administration’s unfunded liabilities.

[23:27] Dan's Personal Challenges Created by the National Debt matrix.

[31:28] Built in inflation often goes unnoticed.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Ask Jason & Share Your Skills

Free Court

Daniel Amerman


Have you ever been taken advantage of by a business or organization? What recourse did you have? Jason shares his own personal experiences of being taken advantage of and what he did to make things right. His Free Court consumer advocacy group hopes to decentralize the global legal system.

 

And if you have ever wanted to know more about your personality, this 10th episode interview focuses on a psychoanalytical tool designed by University of Toronto Professor, Dr. Jordan Peterson. Dr. Peterson’s Understand Myself Assessment and his Self Authoring Program assist people in identifying their personalities and their goals for the future.

Key Takeaways:

[01:53] Jason uses an Einstein quote to express his devotion to consumer advocacy.

[08:07] January's Meet the Masters of Income Property event details.

[10:26] Decentralizing the global legal system through Jason’s Free Court community.

 

Dr. Jason Peterson Guest Interview:

 

[15:36] The 5 Personality Traits of Understand Myself.

[25:01] How the Understand Myself Assessment is different than other assessments.

[26:55] Personality knowledge can help a person understand their strengths.

[32:21] Do opposites attract?

[34:05] The benefits of the Self-Authoring Program.

[42:55] Writing about oneself as a form of psychotherapy.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Venture Alliance Mastermind

AIPIS Podcast

Creating Wealth Episode #417

Free Court

Understand Myself

Self Authoring Program


Massive shifts in the world economy are coming and may be as soon as 2020. The United States has the unique opportunity to take charge of the change through technological breakthroughs that will lead us down the utopian path. In addition, the U.S. is still the best country in which to make real estate investments. But if you do it be wise about it. Private investments are one of the safest vehicles to create your wealth. Be wary of group investment funds which put the control of the funds in someone else’s hands. Jason cautions his listeners against this type of investing. Before signing any deal read every word of the paperwork.


There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.

Key Takeaways:

[01:25] Meet the Masters of Income Property event details.

[04:23] Talented and want to get more deeply involved? Jason wants to hire you.

 

Ali Wolf Guest Interview:

 

[08:38] Are we at the end of a business cycle?

[12:05] Ali uses the Quits ratio to judge the state of the economy.

[14:14] Three critical indicators to use as early warning signs to a possible market drop.

[17:04] Wiil Millennials be staying put and buying homes or are they the rental generation?

[24:08] Why modern, prefab homes may offer Millennials more amenities than space.

[35:09] Inventory of existing, resale housing is lower in every single market Zondo tracks.  

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property

Real Estate Tools

Listeners with Skills - Apply here

Meyers Research

Zonda


As the latest Venture Alliance Mastermind is wrapping up Jason asks the attendees to share their favorite moments and key takeaways from the event. And in the interview, Brian Chavis, author of The Landlord Academy and Creator of the website of the same name,  describes his property management methods and tools. His advice is for income property investors to treat their portfolios as a business and to set expectations from the onset of a landlord-tenant transaction.  

Key Takeaways:

[02:38] John Christensen and Mike Zlotnik share key takeaways from the Venture Alliance Mastermind.

[08:03] Gary appreciated the biohacking information shared by other Venture Alliance members.

 

Brian Chavis Guest Interview:

 

[17:50] The fundamentals of attracting tenants.

[20:20] Basics of a solid lease.

[23:33] The two main systems landlords need to have in place.  

[27:12] How to handle move outs, inspections and

[30:23] Be a better property manager with

[30:23] Brian shares his favorite apps and the software he uses to run his business.  

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Ugg

Freshii

Temple Funding  

Women Investing Network

Venture Alliance Mastermind

Landlord Academy

RealPage

Notability


Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 90 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence.

 


Jason begins this episode with a somber reminder of the importance of questioning authority, not taking things at face value (especially, if reported by the mainstream media) and doing your own research before coming to a conclusion stemming from his experience during the tragic terror event in Las Vegas. He then concludes his interview with a new lender, Shannon. Shannon describes new financing options available how lenders use debt-to-income ratios and who will benefit from a softening of Dodd-Frank.

Key Takeaways:

[01:12] Jason reflects on the tragic event at the Mandalay Bay hotel in Vegas.

[07:17] Meet the Masters Speaker announcement.

 

New Lender Interview Part 2:

 

[09:11] LTV ratios, rates and terms for new financing options.

[12:22] A market shift will likely only affect cyclical real estate markets.

[16:42] Bank statement loans require 12 to 24 months of an applicant's bank statements to qualify.

[19:55] Debt-to-Income (DTI) ratio explained.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Real Estate Tools

Venture Alliance Mastermind


In the intro portion of the show Jason is joined by Pat Donohoe to discuss the many sides of the smoke and mirrors gambit known as Wall Street. Including the differences in the investments of the middle-class and the elites, how derivatives are used to hedge bets,  and technology as a deflationary force. During the interview, Jason speaks with a new lender, Shannon, about the opportunities available to those who have exhausted their Fannie Mae/Freddie Mac 10 property limit and for foreign nationals.

Key Takeaways:

[01:47] Details from dinner with Tim Ferriss in Austin.

[06:57] Inflation, deflation and stagnation are the three basic economic maladies.

[10:47] Asset inflation in the stock market.

[15:01] There are more derivatives in circulation than during the collapse of 2009.  

[27:30] Information for upcoming Meet the Masters and Venture Alliance events.

 

New Lender Shannon Interview Part 1:

 

[29:48] Shannon explains the LTV ratio, rates and terms of the Investor Cash Flow Program.

[36:47] New lending opportunities for foreign nationals.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Meet the Masters of Income Properties Event

Venture Alliance Mastermind


Originally aired on CW 514

Jason reads a nice letter written by Gary who toured with Jason during the Memphis Property Tour. Jason introduces a long-time client, Philip to the show to talk about his real estate investment portfolio. Philip is unique because he started his real estate journey doing hard-money lending first and then purchasing income property. He talks on some of the mistakes and key lessons he has learned on today’s show.


Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.

Key Takeaways:

[01:10] Jason comments on the Las Vegas terrorist attack.

[09:30] Compound interest can be a powerful tool against inflation.

[15:12] Engineers take an analytical approach to investing.

[17:22] After 18 years, $100,000 grow to 14 million.

[24:43] Jason explains a Deferred Sales Trust.

[28:39] If you are on the fence about investing talk with an investment counselor.

[39:33] Asset Protection is a complicated subject you should speak with a lawyer about.

[48:58] Resources for tax help.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Real Estate Tools - Property Tracker Software

Venture Alliance Mastermind

Compound Interest Calculator


Sunday night in Las Vegas shook the town and, tragically, saw the loss of life to over 50 and caused injuries to over 400 participants at the Route91 Christian Music Festival. The deranged gunman who fired at them was shooting from the Mandalay Bay hotel, where Jason Hartman happened to be attending a meeting.

Jason took some time Monday evening to reflect on his experience as the realization dawned on him, and the other meeting attendees, that someone was shooting at people on the ground. He also talks to his friend, Larry, who stayed at the meeting a little longer and ended up being locked into the hotel and having to spend the night in the meeting room. Larry tells about the scare they received in the room, how the situation was handled, and when he was allowed to leave.

[1:13] Hearing the gunshots from the balcony of the meeting room, and the slow realization that something was horribly wrong

[5:40] The biggest terrorist attack in the US since 9/11 and the fear that the next one will be even bigger

[8:38] The moment where Larry and his meeting attendees thought the shooter was outside their door

[15:12] What happened when everyone was released and the security measures during the night

Website:

Route91 Christian Music Festival

#LasVegasShooting
#VegasStrong
#PrayForLasVegas

"I just never in my life thought I would witness some terrible tragedy like this"

Direct download: CW_891_Las_Vegas_Shooting.mp3
Category:general -- posted at: 5:53pm EDT

Even though this is a 10th episode, Jason cannot help but to start the show off by talking about the current and future events which will change the real estate investment landscape. And later, Jason interviews Founder and President of the High-Performance Learning Center, Keynote Speaker, and NYT bestselling author Michael Gelb. Michael discusses key points from his books, How to Think Like Leonardo Da Vinci and The Art of Connection.

Key Takeaways:

[02:30] Age isn't what it used to be.

[09:40] The American dream of owning a home is becoming obsolete.

[14:40] 'Surban' communities are the concepts of suburban and urban joined together.  

[16:27] Boomers are choosing to rent.  

[19:31] Jason recommends some books.

 

Michael Gelb Guest Interview:

 

[23:09] The Art of Connection turns the tide on the massive tsunami of spam in our lives.

[26:14] Steps to get people to buy into your ideas and innovations.

[29:15] Treating all stakeholders with respect will bring success to your business.

[33:46] The Three Liberations.

[38:41] We are becoming more like ourselves.

[43:05] Great relationships depend on a balanced energy exchange between all participants.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Longevity and Biohacking Show

Venture Alliance Mastermind

Meet the Masters of Income Property

Free Court Podcast

Michael Gelb


Originally aired on CW 512.

Jason invites his top investment counselor, Sara, to the show. Jason and Sara share their thoughts on the Memphis market and what potential investors might expect. Sara also lists the importance of having the right mindset when investing in a C property and Jason gives a break down on the price ranges of A, B, and C class properties on the show.


Jason welcomes Economist Mike Norman to the show to discuss Modern Monetary Theory or MMT. Mike shares examples of common misconceptions people have of the US monetary system and economy, such as the US debt clock, that inflation equals growth and how the tax system works. He believes that the US has an unlimited supply of capital and balancing the budget or functioning as a fixed monetary system would accomplish the opposite of what is needed to create growth. And, Jason announces the winner of the Amazon Echo raffle.

Key Takeaways:

[01:27] Paige Glenview is the winner of the Amazon Echo raffle.

[04:10] SkyNews clip about giving women permission to drive in Saudi Arabia.

[06:21] Meet the Masters and ADVenture Alliance event information.

 

Mike Norman Guest Interview:

 

[09:40] Modern Monetary Theory (MMT) explains the value of money.

[12:39] A tax system is required to create demand for money.

[17:31] A fixed monetary system creates cycles of economic depressions and recessions.

[19:53] The US national debt is a summation of what is owned by the US and its constituents.

[27:25] A dollar must be created and pumped into the economy before it can be used to pay a tax debt.

[29:46] The US has an unlimited amount of new capital.

[35:13] There is a difference between inflation and growth.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Venture Alliance Mastermind

Michael Norman on Youtube


The US is facing a looming financial crisis. In this episode, Jason outlines six business plans the government can use to ease its inflationary pressures. Four of the plans could result in negative outcomes, while the final two plans could achieve debt repayment by way of inflation. Understanding inflation and all of its aspects are not for the light-hearted. Jason explains inflation, how the government reports on inflation and offers up some educational resources for those who want to know more.

Key Takeaways:

[04:35] Technology is changing the game in all aspects of life.

[11:15] Meet the Master's of Income Property Event is a 3-day event in January 2018.  

[14:15] Jason identifies 6 ways to deal with inflationary pressures.

[21:17] Using inflation as a tool to avoid paying debts.

[27:39] Understanding the difference between real and nominal and price and value.

[33:49] Redistributing wealth through inflation.

[40:11] The three ways the government manipulates inflation statistics.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Longevity and Biohacking Show

Property Tracker

Real Estate Tools

Short-Term Rental Council

Amazon Echo Contest Entry

Confessions of an Economic Hitman by John Perkins


To start, Jason’s mother joins Creating Wealth to speak on the latest in the real estate market and rent to value ratios. Today’s Creating Wealth guest is Managing Director of Dandrew Partners New York, Salvatore Buscemi. Dandrew Parnters specializes in non-performing residential mortgages. Salvatore talks about why the real estate market collapsed, dealing with inexperienced investors, real estate crowd funding, and more on today’s show.


In this solo episode, Jason analyzes widespread public statistics about US home sales, the value of the US Dollar and the looming pension crisis and asks the question ‘compared to what?’ The doomsayers may not be considering all the facts when predicting the collapse of the US economy and the real estate bubble. Jason breaks down the concept of price discovery and details how it is directly impacted by the interest rate. He ends the show by scrutinizing the top-heavy economies in Europe.

Key Takeaways:

[02:33] Wells Fargo settled a class-action lawsuit for $142 million for ripping off America.

[03:34] Does social media pressure give the average consumer leverage?

[09:09] Including 'Compared to what?' information can help clarify statistics.

[12:27] The three types of home sale markets are the buyer's market, the seller's market and the broker's market.

[21:51] War as a business plan.

[23:59] The cyclical, conservatives markets aren't likely to crash.

[29:15] Price discovery is directly impacted by the interest rate.

[32:47] Single-family home sales predictions from the Mortgage Bankers Assoc. & Fannie Mae and Freddie Mac.

[38:55] Demographics & Pensions.

Mentioned in This Episode:

Jason Hartman

Property Tracker

Meet the Master’s of Income Property

Venture Alliance Mastermind

PragurU Youtube Channel


Jason shares his views of the socialistic policies adopted in Europe with regards to immigration and economics before welcoming returning guest, Nick Giambruno to the show. Nick details the problematic pension crisis and shares how it will affect state and local governments. And, he talks about how decentralized cryptocurrencies, like Bitcoin, may be the answer to taking power away from the centralized government and the current geopolitical climate.

Key Takeaways:

[02:22] The world is in a race to the bottom as people lose their critical thinking abilities.

[06:02] Communism is the biggest disaster to befall humanity.

[07:11] Lending institutions may not be responsible for the current housing bubble.

[11:30] Jason recommends two great reads.

 

Nick Giambruno Guest Interview:

 

[16:05] Nick explains the future pension crisis.

[21:14] Property taxes will go up in order to offset the pension crisis.

[24:00] Will there be a federal bailout for the state and local governments?

[25:45] Analyzing the longevity and validity of cryptocurrencies.

[35:25] The US and China may be at the beginning of a trade war.

Mentioned in This Episode:

Jason Hartman

Amazon Echo Raffle

Venture Alliance Mastermind

Meet the Master’s of Income Property

400 Things Cops Know by Adam Plantinga

After America by Mark Steyn

Casey Research

International Man


Originally aired on CW 474.

Today on the Creating Wealth show, Jason talks about some of the latest things he is up to as well as talks about an interesting opinion article published by the Washington Post. He does not have a guest for today’s show, so he does a deep dive into the real estate market and talks about why central planning never works for the home ownership market. He also gives his comments in between reading out loud the article published by Washington Post in this quick 30 minute Creating Wealth episode.


The month of October brings the 2017 tax season to a close. Jason brings Fernando and Zack on the show to showcase the organizational tools and portfolio management options available through the newly upgraded Property Tracker 2.0.

The Property Tracker software makes creating Schedule E’s, depreciation schedules and other tax forms easy as well as a robust calendar which keeps track of all of your income properties important dates.

 

You can now get tickets to the Meet the Master’s of Income Property event and the Venture Alliance Mastermind is coming up in October.

Key Takeaways:

[02:25] Was the media bummed out that Hurricane Irma didn't cause more damage?

[09:04] The Waffle House Index and Cryptocurrencies.

[16:44] Fundamentals for organizing and tracking investment properties.

[24:00] Property Tracker produces tax schedules including Schedule E and an up-to-date Schedule of Depreciation.

[27:58] Property Tracker 2.0 has updated proformas with RV ratio evaluations.

[30:24] Clarifying the statement "Every day you have a property you own and don't sell, you are buying it back from yourself."

[35:05] Organizational tips for using Property Tracker.

[39:28] Scanning with Optical Character Recognition (OCR) makes you more efficient.

[46:38] Details about the new Amazon Echo contest, the Meet the Master's event and the upcoming Venture Alliance Mastermind.  

[50:20] Free one-hour Property Tracker onboarding session with Zack for Jason Hartman clients.

Mentioned in This Episode:

Jason Hartman

Property Tracker Software

Administrator@realestatetools.com

Enter the Amazon Echo Contest

Meet the Master’s of Income Property Tickets

Venture Alliance Mastermind

Donate to Hurricane Relief Here


With hurricanes and tropical storms at the forefront of the news these days, Jason kicks off this episode by speaking with Ed Babkes about the difference in weather-related insurance policies, why investors pay more for these policies and how to eliminate the need for flood insurance for your property. And later, the second part of Doug Casey’s interview from Aspen, Colorado. Mr. Casey is a self-proclaimed Anarchist Libertarian who warns of a forthcoming economic depression in the United States.

Key Takeaways:

[01:21] A quote from Franklin D. Roosevelt about real estate.

[04:24] Ed explains the differences between weather-related insurance coverage.

[09:05] The government charged investor-owned properties more than owner occupied properties.

[12:46] Elevation certifications can eliminate the need for flood insurance for some.

[17:56] Information on the new Amazon Echo contest, the upcoming Venture Alliance, and the Meet the Master’s events.

 

Doug Casey Guest Interview Part 2:

 

[20:27] Will technology keep the US lifestyle status quo in the face of inflation?

[25:48] Governments all over the world are seriously bankrupt.

[29:18] The welfare or the warfare state?

[33:54] A good thing about the upcoming depression.

[35:30] Why Inflation is much worse than income tax

Mentioned in This Episode:

Jason Hartman

Doug Casey Interview - Part 1

New Amazon Echo Contest

Venture Alliance Mastermind

Meet the Masters of Income Property

Short-term Rental Council - Apply to be a participant  

Diamond Age by Neal Stephenson

The International Man

Casey Research

Doug Casey Books

Direct download: CW2088120Doug20Casey20Live20In20Aspen2C20Colorado20Part202.mp3
Category:general -- posted at: 8:21pm EDT

Originally aired on CW 360.

Dr. Kelly McGonigal is a health psychologist at Stanford University and author of, “THE WILLPOWER INSTINCT: How Self-Control Works, Why It Matters, and What You Can Do To Get More of It.” Dr. McGonigal teaches one of the most popular courses at Stanford University called, “The Science of Willpower.” She has helped hundreds of students achieve their goals through the idea of willpower. She believes stress should be welcomed in people’s lives, thus causing greater willpower. Dr. McGonigal breaks down the science behind why we give in to temptation and how we can find the strength to resist. Find out more about Dr. Kelly McGonigal at kellymcgonigal.com.


Jason is live in Aspen, Colorado to speak with returning guest Doug Casey and to answer listener questions. Andrew wants to know how his saving can be invested using a VA loan and during the interview, Doug Casey shares his story and his predictions for the future of the US Dollar. Doug tells of a worst-case scenario for the American public if the Dollar falls in value during the battle of inflation and deflation.

Key Takeaways:

[03:52] Proformas included on PropertyTracker.com include the debt coverage ratio metric.

[13:49] The debt coverage ratio varies based on the interest rate.

[16:29] It's not the 'best' time to be a real estate investor, but's it's still pretty good.

[18:36] Andrew wants to know how to invest his savings, possibly with a VA loan.

[23:16] Meet the Masters and Venture Alliance Mastermind event information.

 

Doug Casey Guest Interview:

 

[25:12] Aspen is a perfect example of Environmental Racism.

[29:18] Doug Casey is an International Man who in search of a truly free country.

[34:24] Writing fiction gives Doug a free speech which is often frowned upon in nonfiction books.

[36:35] The United States is different than the original 'America'.

[40:13] The US controls the world's currency but it can't go on forever.

[44:05] There will be a panic in the United States when the Dollar is devalued.

Mentioned in This Episode:

Jason Hartman

Jason Hartman Properties

Property Tracker - One free hour on boarding session

administrator@realestatetools.com  

Venture Alliance Mastermind

Casey Research

International Man by Doug Casey

Direct download: CW2087920-20Doug20Casey20Live20From20Aspen2C20Colorado.mp3
Category:general -- posted at: 2:00am EDT

Naresh joins Jason to discuss the devastation Hurricane Harvey caused in Houston and give the ‘all clear’ for his family who lives in the area. Then the discussion turns to how Trump’s economic plan involves devaluing the US dollar to increase trade abroad, how automation doesn’t replace jobs but creates them and the value of big data.

Key Takeaways:

[02:20] Naresh has family in the Houston area but they were not affected by Hurricane Harvey.  

[11:17] The government will be offering low-interest loans for those without flood insurance.

[13:56] Always adjust for inflation.

[17:34] Jason and Naresh review a Business Insider article about Trump and the struggling dollar.

[28:50] Automation has, so far, only taken one job away from humans.

[35:58] John Naisbitt's concept of High Tech High Touch.

[40:54] Jason reflects on the importance and value of data.

Mentioned in This Episode:

Jason Hartman

Tesla Scam

High Tech High Touch by John Naisbitt

Become a member of the Short-term Rental Council

Meet the Master’s of Income Property Event

Venture Alliance Mastermind


Originally aired on CW 487.

Jason Hartman invites his mother, Joyce, and Fernando on the show. The two guests have both appeared on the show before and have both experienced great successes in real estate investing. Joyce talks to the audience about some of the benefits of joining the Apartment Owners Association and and Fernando let’s everybody know that there’s a new product on the JasonHartman.com store called Financial Independence Day where he will do personal one-on-one consulting with you to help you achieve your dreams for financial freedom.


Jason and Investment Counselor Sara discuss the indirect impact of Hurricane Harvey in Houston. It may be one of the worst natural disasters in our nation’s history but an opportunity for rebuilding also exists. Prices will increase for commodities needed for rebuilding the area and labor will be needed in all sectors for those who were directly impacted by the storm.

 

Early bird pricing is available for the next Meet the Master’s of Income Property Event to be held in January 2018.

Key Takeaways:

[01:37] Disaster Capitalists make the most of the tragic flooding in Houston.

[05:25] A moratorium on mortgages benefits those with the most debt.

[11:09] Is it smart to buy properties on the cheap in Houston?

[12:32] How should investors handle damage to their existing properties?

[15:28] The cost of commodities always increase after a natural disaster.

[18:59] Meet the Masters of Income Property and Property Tracker offers.

[25:41] Laura wants to know how Jason's single-family portfolio homes performed during the 2008 recession.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property - Early Bird pricing is available

Real Estate Tools

Property Tracker

Administrator@realestate.com - Free 1-hour onboarding session

Venture Alliance Mastermind


Drew Baker is back on the program to speak with Jason about topics that are essential to income property investors. Jason shares the core ideas behind his signature methods of Inflation-induced debt destruction and his ultimate investing equation. He also explains how the IRS’s tax code does not properly account for inflation and how it can benefit investors. There is an abundance of information in this podcast new and seasoned investors shouldn’t miss.

Key Takeaways:

[03:54] Jason announces the winner of the Amazon Echo contest.

[04:52] Find out how to volunteer for the Short-Term Rental Advisory Board.

[07:51] Peter Schiff and issues with minimum wage laws.

[15:54] The difference between concept and context.

[20:43] Governments create monopolies through regulations.

[23:49] Client's answer the question "What advice would you give yourself in 2008"?

[26:38] Direct investors notice the financial bumps more than investors in group investments.

[33:40] Drew analyzes the price of a house in gold.

[37:25] The IRS's tax code does not properly account for inflation.

[45:35] Favorable reasons to self-manage your income properties.

[1:01:53] Drew shares his income property investment history.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Short-Term Rental Council Application

Joe Rogan Experience Podcast #1002 with Peter Schiff

Ready, Fire, Aim by Michael Masterson

Meet the Master’s of Income Property Event

Women’s Investing Network Podcast #27 with Jason Hartman


Originally aired on CW 461.

On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price.


This episode features Jason’s appearance on Elisabeth Embry’s Women’s Investing Network podcast, Jason shares his knowledge about the challenges a country can face based on demographics and immigration, how a normal business cycle and foreign investments can affect commercial real estate in cyclical markets and how the government manipulates and lies about the true inflation rate. 

Key Takeaways:

[07:16] A country's demographic challenges can limit their economic outlook. 

[12:14] Retirement is not good for people. 

[15:03] How a normal business cycle can affect commercial real estate. 

[19:37] Trump may repeal or soften Dodd-Frank, this would loosen regulations. 

[25:16] Foreign Investments distort the value of real estate markets. 

[28:24] Innovations in the banking world and payment systems are changing our financial landscapes. 

[29:55] Two ways the government manipulates and lies about the inflation rate. 

[38:23] Information for the Meet the Master's of Income Property Event in San Diego in January. 

Mentioned in This Episode:

Jason Hartman

Be Your Bank 

Meet the Master’s of Income Property Event

Women’s Investing Network Podcast #27 with Jason Hartman

Direct download: CW_873.mp3
Category:general -- posted at: 9:05pm EDT

Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

Key Takeaways:

[02:25] Is the US a giant Ponzi scheme?

[05:31] Understanding the difference between pension benefit plans and contribution plans is essential.

[15:15] The financial service industry preys on retail investors.

[20:49] Harry Markopolos is waiting to capitalize on a market correction.

[27:09] Analyzing the patterns and mistakes of the middle-class investor.

[35:27] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

[37:49] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Wealth Standard

The Wizard of Lies

401K Jail Article

Hartman Education - Contest to win an Amazon Echo

Venture Alliance Mastermind


Originally aired on CW 458.

Jason Hartman shares an important lesson he learned from Richard Nixon and talks a little bit more about the Meet the Masters event and why you must be there. David Porter is the guest for today’s show. He has been on the show before many years ago and he updates the audience about some of the big successes he’s had with Jason’s company. Jason and David also talk about the economy, borrowing money, cool technologies, and more on today’s Creating Wealth show.


Jason welcomes income property investor Andrew Baker back to the show to chat about historical data, the future and all things financial. Capitalism is the economic driver in the US and it affords Americans with freedoms and abundances rarely available in other nations. It has allowed the sharing economy to blossom, cryptocurrencies like Bitcoin to exist and the blockchain algorithm to reinvent financial transactions. But, the government is vying to control the money supply. As history shows us again and again, investors should never bet against the Fed and should invest in the most historically proven asset class, the single family home.

Key Takeaways:

[03:55] The human brain is a cognitive miser.

[07:18] Examples of why good RV ratios are essential when buying income properties.

[16:10] The US truly is a land of abundance and we should appreciate our standard of living.

[20:51] Jason plays a Mark Steyn clip from his book After America.

[25:06] Jason comments on the clips reference to the European lifestyle as compared to a US lifestyle.

[33:01] The 'Thought Police' include companies such as Google, Airbnb, Facebook and big media outlets.

[37:44] The sharing economy is taking all the unused resources and putting them to work.

[43:44] Governments and central banks will never give up control of international money supply. [47:17] Geography is less important than it has ever been in at any other time in human history.

Mentioned in This Episode:

Jason Hartman

Hartman Education - Win an Amazon Echo by sharing your questions and comments

Meet the Masters of Income Property

After America: Get Ready for Armageddon by Mark Steyn


After his recent European travels Jason shares his appreciation for being back in the land of the abundance mindset, the great Brinks truck of the world, the US. Jason reviews a recent article regarding US home sales being at a 20-year low which contradicts guest, Harry Dent’s previous predictions. And in the reclaimed interview from 2016, Harry Dent reveals why cash-flow income property is the only vehicle to invest in to protect your assets in light of the forthcoming economic crash.

Key Takeaways:

[04:38] Jason weighs in on the European mindset of scarcity versus the US mindset of abundance.

[11:24] A USA Today article about home sales contradicts Harry Dent's previous prediction.

 

Harry Dent Guest Interview:

 

[19:07] Puerto Rico has attractive tax incentives for those looking to make a move.

[20:21] Harry claims we are in the midst of bubble-mania in real estate and other markets.

[23:02] The boring, linear real estate markets are not bubbling up like the markets along the coasts.

[25:35] Current demographic trends favor the everyday starter home.

[29:33] In Harry's book, The Sale of a Lifetime, he includes a bubble model to help investors survive the next crash.

[32:15] Harry explains his previous prediction on gold prices and his cash-flow real estate prediction for the future.

[41:02] The collapse of the Chinese real estate market will impact all of the cyclical markets they invest in.

[44:28] Harry predicts we will see the greatest financial and debt reset in our lifetime.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Hartman Education - Send your questions and comments to win an Amazon Echo

Property Tracker Affiliate Membership

Meet the Master’s of Income Property Investing

Harry Dent

Dent Research

Demographic Cliff by Harry Dent

The Sale of a Lifetime by Harry Dent


Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side.Jason Hartman’s introduction for today’s Creating Wealth Show focuses around the notion of being an empowered investor. This is the main theme for the 2015 Meet the Masters Event, but is also a vital concept to keep in mind for all of your investment strategies.


This week’s episode was recorded in Helsinki, Finland. Jason studies the economies of all the countries he visits and believes traveling to be an important educational experience. He shares an article which supports his long-held opinion that the rental market in the US is growing by way of demographics and rising home prices. And, Jason concludes the podcast by sharing the travel packing hacks which have made his traveling to 81 different countries as simple as possible.

Key Takeaways:

[03:29] Jason encourages us to become an engaged student of life.

[07:13] The power of having a robust vocabulary.

[13:16] How to sign up for the Property Tracker Affiliate Program.

[15:59] Win an Amazon Echo for submitting your questions and comments.

[18:27] Jason reviews an article about the cost of rising home prices and what it means to rents.

[22:29] Jason has taken on the plight of the middle class.

[29:32] Travel packing hacks.

Mentioned in This Episode:

Jason Hartman

Hartman Education - Amazon Echo Raffle Entry

Property Tracker Affiliate Membership

Meet the Master’s of Income Property Investing

Venture Alliance Mastermind


Jason welcomes Gary back to the show to review current news articles which impact income property investors. Does an excess of tower cranes in an area tell a tale of a future bubble? Can you afford the rent in a large US city and still have a savings account? How does the sharing economy can make life better for consumers? And later in the show, Jason and Gary answer listener questions and Gary describes how to use a life insurance policy to make a down payment on your next income property.  

Key Takeaways:

[02:31] Jason and Gary review an article about how a tower crane can indicate a real estate bubble.

[09:53] The Income Needed to Pay Rent in the Largest U.S. Cities by Derek Miller.

[12:05] Bloomberg's article, What a London Cabbie Taught Me About Uber.

[14:00] The New Human Rights Movement by Peter Joseph doesn't look at the whole picture.

[18:37] Jason and Gary answer Derek’s question about appreciation submitted during the Airpods raffle.

[27:55] Gary explains how to borrow money from your own insurance policy to buy income properties or make necessary repairs.

Mentioned in This Episode:

Jason Hartman

Jason Hartman Properties

Property Tracker

Be Your Bank

Venture Alliance Mastermind


During this week’s episode the name of the lucky listener who won the Apple Airpod raffle is revealed and questions for the new raffle questions are disclosed.Jason shares information for the next Meet the Master’s event in 2018 in sunny San Diego, a bit about the turnkey inventory available and he ends the show with a live recording from a JHU Live event which describes the vetting process for Local Market Specialists.

Key Takeaways:

[02:18] The winner of the Airpod raffle is client Jordan Calloway!

[07:13] Sign up now for early bird pricing for the 2018 Meet the Master’s event in San Diego.

[10:49] James asks about repairing credit after a foreclosure in order to buy investment properties.

[17:33] Analyzing an area to understand what will drive a solid rental market.

[21:45] What goes into vetting Local Market Specialists.  

[26:06] Audience Q & A.

Mentioned in This Episode:

Jason Hartman

Hartman Education/Contest

Meet the Masters Event

Creating Wealth Podcast with Meredith Whitney Interview  #331


In this episode, recorded in beautiful Warsaw Poland, Jason shares an equal amount of current real estate markets stats and his origin story of starting out as a young real estate agent in California. He reminisces about the days when first-time home buyers were a-plenty and basks in the current environment in which they are staying in the rental market. He also introduces a new contest to elicit your questions about real estate investing.

Key Takeaways:

[03:18] Jason is an expert in real estate investing and packing for travel.

[05:17] Jason annotates a CNBC video clip of current real estate market stats.

[13:31] Many first-time buyers are staying in the rental market.

[19:54] The Airpods contest was so successful Jason is launching the Amazon Echo contest on its heels.

[22:51] Mike asks about Jason's favorable and unfavorable deals.

[31:09] Everybody would love to buy real estate with no money down.  

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Venture Alliance Mastermind

Hartman Education/Contest

Pip Group Tax Lien & Deed Investing Scam Ep. #417


Originally aired on CW 434.

Host, Jason Hartman, uses today’s Creating Wealth Show to raise some of the issues featured in recent articles in both Forbes magazine and the Orange County Register. Following that, he gives his own opinions on topic areas such as individual organizations’ changing motives and the true key to successful real estate investment, regardless of where in the world you’re looking to invest.


Originally aired on CW 343.

Tom Kraeutler is the President of Money Pit Media and Co-host of “The Money Pit,” the nation’s largest nationally syndicated home improvement radio program. He is a home improvement expert.In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance.


Jason welcomes two guests to the show today. First, private lender Bill Green gets specific with available rates and financing offers available for buy and hold 30-year loans and shorter span bridge loans. He describes the differences between the options and shares and example of when each loan may be applicable for the purchase of your next property. And later in the show, Daren Blomquist returns to the podcast to give us a real estate market update and to provide some unique market data tools his company created. Supply is low and demand is high. If a property makes financial sense buy, buy, buy.

Key Takeaways:

 

[01:23] Private lenders help fill the gap between agency loans and hard-money lenders.

[05:05] Bill Green explains the financing and rates available for long-term and bridge loans.

 

Daren Blomquist Guest Interview:

 

[17:21] Home price appreciation accelerated during the 1st quarter.

[20:01] Linear markets may be morphing into hybrid markets during this period of high demand.

[25:49] Technology makes geography less and less important.

[27:41] Daren describes the Housing Affordability Index tool and the Pre-mover Index tool.

[35:45] Income Property Investors should be wary of high appreciation markets.

[37:52] Are the front lines of the real estate market backing out because they smell trouble?   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

ATTOM Data Solutions

ATTOM Home Affordability Index

RealtyTrac

Marketing List Resource from RealtyTrac


On today’s episode, Jason welcomes Investment Counselor, Oliver back to the podcast to discuss current market conditions, why it’s important to attend live events and the solid foundation of linear markets. A real estate bubble might be right around the corner in expensive cyclical markets but if your portfolio includes a smart mix of linear and hybrid market properties you will ride the wave and continue to grow your wealth no matter what the economic climate. Be sure to check the Creating Wealth Show’s back catalog of episodes for more information about the 10 Commandments of Successful Investing.

Key Takeaways:

[05:08] When new clients see the monthly cash flow their income properties create they get hungry for more properties.

[07:33] An example of how to get rich on linear market properties; breaking down the benefits.

[14:19] Attending live events like the Oklahoma City JHU event, Property Tours and the Venture Alliance allows you to meet like-minded investors.

[17:58] Current market conditions are making property inventories tight.

[23:20] Real estate investors must combine their capital with persistence to make money.

[29:09] Buy and hold real estate investments are still on good solid ground with good rent to value ratios.

[31:02] Expensive new construction properties act like a hybrid even in a linear market.

[33:29] Jason recommends the book, Outwitting the Devil.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill


Originally aired on CW 819

When 18 out of 20 valuation sources say the S&P is radically overvalued, it might be true. Most of you know never to invest in the stock market (unless you are an insider) but just in case, Jason shares a table with some astounding estimations of how overvalued the S&P is. And a local market specialist joins us from Oklahoma City to describe the benefits of investing in the primarily new construction market there. He says that a dollar stretches further, tornadoes have moved East and it’s a landlord friendly market.


Jason has left the most expensive city in the US, NYC, and is enjoying fly over state pricing once again. The meat of this episode is a recording of a Creating Wealth Live session which focuses on inflation. We all know inflation is right around the corner as it is the only way the government can get out of the current economic climate. Inflation will erode our purchasing power, our stocks, our savings and the rich will get richer. Investing in Income Property is your best weapon against the forthcoming inflationary increase.

Key Takeaways:

[02:54] Using a movie or Broadway play can get the attention of the political left.

[06:29] Investors should align their interests with the government and the powers that be.

[09:18] The Venture Alliance Mastermind in Chicago and the Oklahoma City JHU Live and Property Tour.

 

Creating Wealth Live Clip

 

[10:42] The 6 ways the government is likely to inflate themselves out of a mess.

[12:54] Understanding inflation in all of its forms.

[15:53] The political left uses the guise of compassion and the right uses the guise of fiscal responsibility.

[17:57] The government imports a deflationary force.

[21:53] All the bills Americans need to pay are increasing while the price of ‘wants’ is going down.

[25:39] How does income property counteract inflation?

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Venture Alliance Mastermind

Hartman Education


Client and fellow podcaster, Elisabeth Embry joins Jason to discuss the importance of coming to the live events, finding the true value of your properties and what happens when interest rates rise and inventories are low. The upcoming Venture Alliance and Oklahoma City Property Tour and Jason Hartman University Live events are a great way to meet like-minded people who are income property investors. You can share your creative ideas with Jason or any of the investment counselors at these events and there are tried and true professionals who share their real life experience on the panels. Go to JasonHartman.com/Events and sign up today.

Key Takeaways:

[03:13] In a booming real estate market nobody is making money if they don't have any inventory to sell.

[06:48] The quality of properties lowers when property inventories are limited.

[09:31] Puerto Rico, are the tax breaks worth the risk?

[16:04] Zillow could be getting sued for their Zestimates.

[23:14] A Trulia article states houses haven't reached the pre-recession peak.

[27:14] To see properties that make sense come to the Oklahoma Property Tour and Jason Hartman University Live Event.

[30:19] Will there be three rate hikes by the Federal Reserve in 2017?

[35:22] Sarbanes-Oxley had very little effect on Wells Fargo thievery.

[40:23] If you are a Jason Hartman client and want to contribute to a mutual project or goal contact your investment counselor.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Venture Alliance Mastermind

Hartman Education

The Jetsetter Show

Women Investing Network


Originally aired on CW 267.

Despite the grim, doom-and-gloom events occurring in our world today, emerging technologies will make it possible to overcome challenges and bring about significant abundance. Jason Hartman interviews Steven Kotler, co-author of the book, “Abundance,” also co-authored by Peter Diamandis.

Steven talks about the four forces bringing about abundance, explaining how improvements and new developments in communication technology have already brought many people around the globe out of poverty by bringing more and more brilliant minds online. Medical technology advances will make it possible to diagnose illnesses and disease from home, without incurring the costs of physician and lab fees. People may soon be able to pick IBM’s supercomputer Watson’s brain online for free. There have been huge advancements in online education technologies.


Jason is in the big apple, New York City, for this 10th episode show. He is definitely not looking for income properties as the Hartman Risk Evaluator said there were no good rent-to-value ratios to be found there.  

 

Jason’s welcomes author William Poundstone to tell us about his new book, Head in the Cloud: Why Knowing Things Still Matters When Facts are So Easy to Look Up. Mr. Poundstone is also the author of the New York Times best-selling books, Fortune's Formula: The Untold Story of Scientific Betting System that Beat the Casinos and Wall Street, Priceless: The Myth of Fair Value and How to Take Advantage of It and Gaming the Vote: Why Elections Aren't Fair and What We Can Do About it.

Key Takeaways:

[04:11] Income property is the 'ideal' multi-dimensional asset class but there are others.

[07:28] Corporate raiders would creatively acquire a company and part it out akin to income property investors today.

[12:29] The upcoming Venture Alliance Mastermind in Chicago includes an appearance by Mish Shedlock.

 

William Poundstone Interview:

 

[17:22] William explains the premise of his latest book, Head in the Cloud.

[21:13] Having a general knowledge of baseline facts and the Dunning-Kruger effect have humbling assets.

[23:38] The larger a person's vocabulary is akin to their ability to think.

[27:22] How does America stack up on the map of ignorance?

[29:53] Americans will vote for judges with less ethnic sounding names if they don't know the candidates.

[36:01] The Kelly Formula informs a user of the optimal amount you should be putting on each bet or investment.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Venture Alliance Mastermind

Hartman Education

William Poundstone


Originally aired on CW 536.

The debt crisis in Greece is proof that Socialism doesn’t work. Can you imagine camping out in front of an ATM only to be turned away? We need to be responsible. Socialism has never worked. Investing in long term, stable rental properties is the proper way to create and grow wealth. Make a decision on a material fact with us. Should the family have been notified about a stalker before they bought a house? And we go way back to the 1970’s when Jimmy Carter warned that the world’s oil was almost gone and the U.S. should invest in new technologies. Is the oil gone and do new energy sources have environmental sins of their own?


This episode is very telling about the current and future state of the current US economy. Jason welcomes Tempo Funding Managing Director Mike Zlotnik to the show to discuss the what factors gave rise to and will ultimately tank the economy. As listeners to this program, you know real estate is the best class to hedge against inflation but if you also invest with institutional investors it may be time to fold your hand and become your own decision maker.

 

The Oklahoma City JHU Live event and Property Tour also includes a special panel of experts who will share their stories and answer your questions.

Key Takeaways:

[03:30] Yield rate and Cap rate compression defined.

[08:01] After the 2008 crash the deal flow was abundant.

[10:04] Institutional investors get rewarded for deploying capital, not finding the best deal.

[15:04] Inflation is here and markets are softening.

[20:44] Stagflation is a bizarre scenario but it is likely to happen.

[29:19] Investors must prepare for the worst-case scenario.

[30:51] Tempo Funding provides short and long-term hard money lending.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Venture Alliance Mastermind

Rent Control Movie

Tempo Funding


Jason welcomes fellow investor and client Gary Pinkerton back to the show. Gary describes his experiences with tenant turnover, how he reduces costs by using durable replacement materials and some preventative measures he uses to ensure tenants are satisfied in his properties. Gary and Jason also discuss the benefits of two-year leases with built-in rent increases and how immersing yourself in the investor culture (by attending Venture Alliance and JHU’s) can make you the best investor you can be.

 

Visit JasonHartman.com to sign up for July’s  Oklahoma Property Tour and Jason Hartman University event and join the Venture Alliance to attend the upcoming Mastermind in Chicago.

Key Takeaways:

[02:08] Free market economics makes America is the land of abundance.

[06:30] How to reduce "tenant turn" without spending a lot of money with Gary Pinkerton.

[12:32] Two-year leases with built in rent increases.

[14:27] Management companies commonly keep late fees much like a payday loan business.

[20:09] How to minimize the cost of tenant turnover and make your property durable.

[27:11] A service like Home Advisor is an inexpensive way to self-manage.

[34:45] Gary will attend the Venture Alliance in Mastermind in Chicago and JHU and Property tour in Oklahoma.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Women Investing Network (WIN)

Home Advisor

Real Estate Tools

Property Tracker

Venture Alliance Mastermind


Originally aired on CW 284.

Private equity is a type of investing where you deploy capital in companies privately rather than in the public market. Here to talk about this subject with Jason Hartman is David Carey, author of King of Capital, and senior writer for “The Deal.” David explains the various forms, including injecting money into companies to help them grow faster, and the most common form, a leverage buyout (LBO).


Jason welcomes William Cohan back to the show. William is a columnist for the New York Times, a special correspondent for Vanity Fair, he formerly contributed to Bloomberg View and he is the author of Why Wall Street Matters, The Last Tycoons and House of Cards.

 

William shares his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.

Key Takeaways:

 

[02:18] Location still makes a difference when pricing hotel rooms in Monaco.

[04:42] Doom and gloom predictions have been incorrect since the 70's.

[10:38] Jason's advice for his investors is to get richer and do it quickly.

[12:39] New forms of transportation and the sharing economy make it an amazing time to be alive.

[15:34] Oklahoma City Property Tour/JHU live and Venture Alliance event details.

 

William Cohan Guest Interview:

 

[17:58] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.

[24:09] A grand bargain with Wall Street would mean revamping much of its incentive system.

[27:25] Draining the swamp is harder to do than it looks.

[30:08] What we should expect out of the economy and employment.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Real Estate Tools

Property Tracker

Venture Alliance Mastermind

William Cohan


Jason starts things off with a brilliant app idea you can use to create a micro-business with. Then, he gives real life examples of the capabilities of disruptive technologies and how they will affect all future endeavours. All of these examples show the true value of income property investing because land can not be duplicated. There is only so much of it. Whether it’s the algorithms that run Wall Street, Bitcoin and other cryptocurrencies or mining commodities from asteroids there is no equal to a linear, long-time buy and hold single family home.

 

Be sure to join Jason for the upcoming Venture Alliance Mastermind in Chicago and sign up for the Oklahoma City JHU Live event and property tour. Ask you investment counselor for details.  

Key Takeaways:

[03:11] Feel free to make a billion dollars with this brilliant business idea from Jason.

[12:01] Will Bitcoin surpass $2000 before gold surpasses $2000.

[18:54] Income property is an asset class which is difficult to disrupt.

[21:45] The theory behind the Hartman Risk Evaluator.

[22:57] The price of commodities is based on scarcity.

[25:13] Invest in something that becomes more valuable with technology, like the autonomous vehicle.

[27:53] Jason shares his thoughts on a Wall Street Journal article about QUANTS.

[31:46] The JHU membership program offers discounts on events.

[35:44] An article about avocado toast and millennials.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Longevity and Biohacking Podcast

Real Estate Tools

Property Tracker

Venture Alliance Mastermind


Originally aired on CW 245.

Jason Hartman interviews author, Amity Shlaes, about her book, “The Forgotten Man: A New History of the Great Depression.” Franklin D. Roosevelt spoke of the forgotten man as the man at the bottom of the economic pyramid, the poor man, the homeless man. Miss Shlaes explains that there is another forgotten man, the taxpayer, based on an algebraic description by William Graham Sumner.


Jason records this episode from Europe where he is thoroughly appreciating Capitalism. He reminds us, to get rich, we must take consistent, prudent risks. Understanding proformas and having the ability to analyze real estate deals will pay off in long-term cash flow. And, using leverage allows you to do more with less. During the Four Pillars of ROI clip, we learn about the sometimes underappreciated tax benefits of income property investments and hear a new investor recommend investing with Jason’s company.

 

Don’t miss the Oklahoma City Property Tour and the JHU Live Event just after July 4th.

Key Takeaways:

[03:03] The hidden pillar of ROI is inflation-induced debt destruction.

[04:34] Jason doesn't understand why millennials beg for Socialism/Communism.  

[11:26] The Venture Alliance Mastermind in Chicago is coming up in June.

[13:52] The college experience is much like the European experience.

[17:02] The way to get rich is taking prudent risks.

[24:18] Look forward to the future, appreciate the past but live in the future.

 

The Four Pillars of ROI Live Clip:

 

[28:37] How to Analyze a Real Estate Investment - free video.

[31:33] Appreciation amplified with leverage.

[34:42] Victor shares his thoughts about pulling the trigger and building his income property portfolio.

[42:17] Recognized tax benefits of income property investing.

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Real Estate Tools

Property Tracker

Venture Alliance Mastermind

Direct download: CW_831_FOUR_PILLARS_OF_ROI.mp3
Category:general -- posted at: 12:18pm EDT

This episode was inspired by the current distance between Jason and his loving companion, Coco. Jason is in the Ukraine, as Coco who is in doggy daycare, anxiously awaits his return. Jason delivers his most heartwarming episode ever as he interviews the author of A Dog’s Purpose, Bruce Cameron. Bruce captured the hearts of over 2300 Amazon reviewers, as well as topping the New York Times best-seller list, with his series of stories about man’s best friend.

 

Oklahoma City is the place for your financial Independence Day. Attend Jason Hartman University Live and an Oklahoma City property tour July 6th.

Key Takeaways:

[03:46] A question from a Twitter follower about last week's bubble alert.

[09:36] Jason was in Romania when the great recession was going down.

[11:16] If you are serious about understanding the numbers and make a solid real estate investment join us at the upcoming JHU Live event.

 

Bruce Cameron Guest Interview:

[17:32] A Dog's Purpose and A Dog's Journey resonated with people because it included true love and true friends.

[20:21] Dogs are really good at reading our emotions.

[22:21] The Dogs of Christmas is a dramatic mirror of our current hermit type lives.

[26:24] Dog's make the best out of everything so take advantage of it!

Mentioned in This Episode:

Jason Hartman

@jasonhartmanroi on Twitter

How to Analyze a Real Estate Investment

JHU Live Event in Oklahoma City

Rover

A Dog’s Purpose

8 Simple Rules for Dating my Teenage Daughter

Look Up video

A Midnight Plan of the Repo Man

Direct download: CW_830_Bruce_Cameron_A_Dog27s_Purpose.mp3
Category:general -- posted at: 10:19pm EDT

Originally aired on CW 829

Join Jason Hartman and Andrew “Ranting Andy” Hoffman, Miles Franklin’s Marketing Director, as they discuss the new game on Wall Street with its evil derivatives and destructive investment advice. Andy says Wall Street is no longer in the business of destroying retailers. Ever since the repeal of the Glass-Steagall Act, they’ve been in the business of destroying countries and taking power. Andy talks about Goldman-Sachs infiltration into political positions in other countries, and the infiltration into municipalities by other big Wall Street thugs, such as JP Morgan.

Direct download: CW_829_FBF_20The_New_Game_on_Wall_Street_with_Ranting_Andy_Hoffman.mp3
Category:general -- posted at: 1:10pm EDT

In this episode, Jason outlines the two simple principles that alert an investor to an overvalued market. He explains the rent to value ratio and construction cost approaches and how the methods are applied to the linear, cyclical and hybrid markets. Jason also explores the benefits gained by experienced investors who use the proper metrics to analyze properties versus an immature investor who follows the current trend.

 

Mark your calendars for July 8th and 9th for the upcoming Oklahoma City Property Tour and JHU Live Seminar.

Key Takeaways:

[02:20] Jason explains why capital appreciation is attractive to the amateur investor.

[07:54] How do you know if the real estate market is overvalued?

[14:36] The self-storage facility purchase that wasn't meant to be.

[23:09] The comparison approach, the income approach and the construction cost approach are the 3 basic ways properties are valued or appraised

[23:50] The Rent to Value ratio is the current value versus the rental income.

[26:56] The Cap Rate is not a good metric for residential real estate investing.

[28:15] Using the Debt Coverage ratio as an investment metric to protect your assets.

[33:34] The Oklahoma City Property Tour and JHU seminar will be on July 8th and 9th

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Real Estate Tools


Jason welcomes Elisabeth Embry to the podcast to discuss their new podcast! Women Investing Network or WIN will be co-hosted by Jason and Elisabeth and will focus on unique opportunities for women investors from a woman’s point of view. Elisabeth has a large income property portfolio and understands how to analyze the data necessary to make solid real estate investments in linear markets. They also discuss cash-on-cash return, Loan to Investment ratios, the Trump presidency and tax plan and the Seattle market.

Key Takeaways:

[02:21] Information on the new Women Investing Network podcast.

[04:40] Cash-on-cash Return explained.

[07:59] Analyzing the data to uncover the true ROI of a property.

[12:09] The 1031 exchange is yet another beautiful facet of investing in income properties.

[13:31] Trump tax cuts and Jason's theory of relativity.

[20:08] Elisabeth and Jason banter about Trump's presidency and the economy.

[26:00] Is a bubble coming to the Seattle market?

[29:10] Using the Risk Evaluator to determine the Land to Improvement Ratio.

[30:27] Two reasons investing in a linear market is a lower risk for investors.


If you are using microeconomics to plan for your future you may be ready to sell your assets and buy a “Preppers guide to self-sustainability”. But, if you take a step back and look at the bigger picture of macroeconomics you will see that it’s an amazing time to be alive. Jason’s guest Jawad Mian says “the key is to watch the disruption”. Manufacturing may be at an all time low but the services provided by Silicon Valley and the tech industry will offset any economic loss with growth, just in different terms. The market always corrects itself just differently than people perceive it to. The future is brighter than you might think.

 

Direct download: CW_826_FBF.mp3
Category:general -- posted at: 1:00pm EDT

Jason welcomes Pat Donohoe back to the show. Pat is the President and CEO of Paradigm Life and host of the Wealth Standard podcast. Together, Jason and Pat analyze a Wall Street Journal article which addresses lower mortgage rates and how the lower rates may affect the already ‘hot’ real estate market, how autonomous cars will create a resurgence of the suburbs and how the upper middle-class is rethinking retirement based on the trend of extended life spans.

Key Takeaways:

[02:22] Wall Street Journal audio clip relating to the current housing market and interest rates.

[04:42] Zillow and isolated locations, like LA, with inflated housing values.

[11:35] Supply and demand in the rental property market.

[14:53] The Wealth Standard Radio and Paradigm Life contact information.

[15:36] The resurgence of suburbia will come with autonomous vehicles.

[19:28] A warning about spending money on high priced real estate.

[25:41] Reinventing retirement based on the cost of living longer.

[29:17] The 401k was never really meant as a retirement plan.

Mentioned in This Episode:

Jason Hartman

Longevity and Biohacking Show

Venture Alliance Mastermind

Zillow

Wealth Standard Radio

Paradigm Life

Unlimited Wealth: The Theory and Practice of Economic Alchemy by Paul Zane Pilzer

Direct download: CW_825.mp3
Category:general -- posted at: 3:42pm EDT

This episode demonstrates the versatility of the most historically proven asset class income property. Jason breaks down its multiple dimensions and the various factors which can be used to prove that income property is the best investment you can make. During the client case study segment, Ani Wee tells her story of monetary and portfolio growth from her income property investments. She uses the Hartman Network to find opportunities, to gather information and to engage with like-minded people.

Key Takeaways:

 

[03:30] Money matters!

[08:06] Why you should immerse yourself in the most historically proven asset class.

 

Client Case Study Ani Wee:

 

[21:29] During the market crash Ani was looking for options when she came upon the Creating Wealth Show.

[23:29] She started investing in real estate after reading Rich Dad Poor Dad but she didn't know what she was doing.

[25:36] Ani receives yellow postcards on the first property she bought from the Hartman network.

[30:41] Ani's duplex in Florida appreciated from $79K to over $150K and her RTV ratio increased.

[36:35] Comparison, income and replacement cost are the three basic approaches to appraisals.

[38:34] Don't be afraid to push back on property management issues.

[41:18] Ani will be doing a 1031 exchange on her properties in hybrid and cyclical markets.

[44:36] Don't wait to buy real estate and outsource your debt to your tenants.

 

Mentioned in This Episode:

Jason Hartman - Watch the Free Video on How to Understand a Pro Forma

Venture Alliance Mastermind

Direct download: CW2082420Client20Case20Study20Ani20Wee.mp3
Category:general -- posted at: 9:40pm EDT

Previously aired as CW 373

 

Rodney Johnson is President and Editor of Dent Research. He joins the show to explain why gold will fall below $800.

 

Johnson then discusses whether the US economy is slowing. He also shares how investors can build streams of income instead of relying on equity markets.

 

Visit Dent Research at www.dentresearch.com.

 

Rodney Johnson works closely with Harry Dent to study how people spend their money as they go through predictable stages of life, how that spending drives our economy and how you can use this information to invest successfully in any market.  

 

Rodney began his career in financial services on Wall Street in the 1980s with Thomson McKinnon and then Prudential Securities. He started working on projects with Harry in the mid-1990s. He’s a regular guest on several radio programs such as America’s Wealth Management, Savvy Investor Radio, and has been featured on CNBC, Fox News and Fox Business’s “America’s Nightly Scorecard, where he discusses economic trends ranging from the price of oil to the direction of the U.S. economy.  

 

He holds degrees from Georgetown University and Southern Methodist University.

Direct download: CW_823_FBF.mp3
Category:general -- posted at: 1:00pm EDT

The housing market is a seller’s market right now and Trump’s tax cuts may elongate the duration. Jason explains how a tax cut will boost the US economy and how investors can benefit from the multiplier effect. And later in the interview, Joe Fairless shares his rags to riches story. He explains how he got started investing, the necessary components of a master lease and how he scaled his portfolio so quickly.

Key Takeaways:

[01:28] Renter's Warehouse is the perfect sponsor for the Creating Wealth Show.

[04:27] The availability of properties in a linear market.

[07:50] CNBC clip about the demand for property in this seller's market.

[10:15] Trump wants to bring the tax rate from 35% to 15%.

[14:01] A Facebook memory reminds Jason of the big government disasters of the past.

[19:08] Income property investors can benefit from the multiplier effect of the proposed tax cuts.

 

Joe Fairless Guest Interview:

 

[24:23] Joe's startup story is one of delayed gratification and success.

[31:03] Joe reflects on the positives and the negatives of his investment experience.

[34:03] The master lease investment was 6.3 million on Joe's first property.

[37:32] The downsides of a master lease.

[42:14]  How Joe scaled the growth of his portfolio quickly.

[44:28] Free resources from Joe Fairless.

Mentioned in This Episode:

Jason Hartman

Renter’s Warehouse offers a special discount to Creating Wealth listeners

National Real Estate Investors Association

Joe Fairless

info@joefairless.com

Multifamily Syndication


Big data is here, it’s there, it’s everywhere. Real estate investors should use it to their advantage. Tenants credit scores are easy to access and just a click away. In this episode, Jason unpacks recent headlines which paint a picture of the state of the economic mindset in the U.S. Articles about the future of the insurance industry, your 401k account and the current value of the housing market are all scrutinized and analyzed. He also offers up some recommended reading to those worried about the state of the environment.

Key Takeaways:

[02:28] Newser article The Key to Easy Life Insurance, a Selfie? describes the future of the insurance industry.

[11:45] Jason's secret to aging well.

[14:19] Jason remarks on the Wall Street Journal article Grab Your Pitchforks America Your 401k May Need Defending From Congress.

[20:11] Recommended books on energy and environmentalism.

[20:56] RealtyTrac article Are We Headed Towards Another Bursting Housing Bubble in 2017?

[29:40] Headlines on the RealtyTrac site are telling about the state of the union.  

Mentioned in This Episode:

Jason Hartman

Creating Wealth Ep.#165 with Tony Alessandra

Longevity and Biohacking Show

RealtyTrac

Venture Alliance Mastermind

3 Dimensions of Real Estate  

 

Articles & Books

The Key to Easy Life Insurance, a Selfie?

Grab Your Pitchforks America Your 401K May Need Defending From Congress

Smaller, Faster, Lighter. Denser, Cheaper: How Innovation Keeps Proving Catastrophists Wrong by Robert Bryce

The Bet by Paul Sabin

Are We Headed for Another Bursting Housing Bubble in 2017?

Direct download: CW_821_Jason_Hartman.mp3
Category:general -- posted at: 10:30pm EDT

Originally aired as CW 165 

Jason talks with Dr. Tony Alessandra CSP, CPAE about The Platinum Rule. Listen at: http://www.jasonhartman.com/radioshows. Tony has a street-wise, college-smart perspective on business, having been raised in the housing projects of NYC to eventually realizing success as a graduate professor of marketing, entrepreneur, business author, and hall-of-fame keynote speaker. He earned a BBA from the

Direct download: CW_820_FBF.mp3
Category:general -- posted at: 6:56pm EDT

When 18 out of 20 valuation sources say the S&P is radically overvalued, it might be true. Most of you know never to invest in the stock market (unless you are an insider) but just in case, Jason shares a table with some astounding estimations of how overvalued the S&P is. And a local market specialist joins us from Oklahoma City to describe the benefits of investing in the primarily new construction market there. He says that a dollar stretches further, tornadoes have moved East and it’s a landlord friendly market.

Key Takeaways:

[02:07] The two ways to win on Wall Street.         

[04:05] Give value to the psychology of investing.

[07:13] An example of a crappy real estate deal in Santa Ana, California.

[11:02] The stock market is radically overvalued, 18 of 20 valuators concur.

[23:46] Yield/Dividend type investors always win.

 

Oklahoma City Metro Market Profile:

[26:03] New Construction keeps the economy rolling in Oklahoma City.

[31:05] The Oklahoma City area boasts a thriving economy and positive cash flow.  

[33:05] Are tornados and issue for investors needing to insure properties?

[38:09] Home value to income ratios in the Oklahoma City area.

[42:54] The local market specialist has an interest to satisfy investors.

[46:17] Property management services are available short and long term.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Real Estate Tools

Direct download: CW_819.mp3
Category:general -- posted at: 1:00pm EDT

One of the benefits of listening to the Creating Wealth podcast is current, as well as,  historical data on the most historically proven asset class, income property. Jason handpicks Flashback Friday episodes that contain pertinent information about predictions and changes in real estate and the overall state of the US with regards to the real estate/housing markets. Reviewing industry trends of the past may help you balance future investments so be sure to listen to the Flashback Friday episodes.

 

Today’s guest is Reichen Kuhl, CEO and Founder of the rental contract insurance company, LeaseLock. He shares useful information about the program designed to identify rent payers and to protect landlords from those who don’t pay their rent.

Key Takeaways:

[02:54] Listen to Flashback Friday episodes to gain perspective on today's real estate market.

[11:25] Hold on loosely, but don't let go can be a song lyric or a real estate investment strategy.

[14:52] Cap rate and cash-on-cash return are metrics that don't tell the whole investment story.

[18:59] Examples of available properties to demonstrate the importance of understanding a pro forma.

 

Reichen Kuhl Guest Interview:

 

[27:00] LeaseLock is an insurance policy a tenant will pay the rent.

[30:37] How exactly does the LeaseLock know who will be a rent payer?

[36:12] Insurance industries are able to insure people differently in spite of Fair Housing laws.

[38:19] The cost is LeaseLock is 7% of the full lease value of the rental unit.

[41:35] Miscellaneous information about LeaseLock as a business.  

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

LeaseLock


Originally aired as CW 215

Jason Hartman talks with James Anderson, managing director of GoldSilver.com, about the historical cycles of gold and silver and other precious metals, against the monetary cycles. 

As the world’s fiat currencies continue to be debased through inflation, regulation, and irresponsible spending, precious metals investing is on the rise.  But do you physically own your gold

Direct download: CW_817_FBF_mixdown.mp3
Category:general -- posted at: 9:43am EDT

This episode is chock full of trends, predictions and current affairs. Jason (The Predictive Genius) Hartman is a purveyor of rational recklessness. He shares an article from The Atlantic which asserts that Americans are moving out of the city and into suburbia. Once again proving his theory of the resurgence of the suburbs to be correct. Jason also reminds us to take time to remember the good things in life by way of the ‘Winning is Giving’ poem by one of his early mentors, Denis Waitley.

Key Takeaways:

[2:56] Humans make emotionally-charged decisions and then rationalize them with logic.

[06:40] Why the best real estate deals never close.

[09:09] Price, Terms and Time (PTT) are the 3 corners of the real estate deal triangle.

[11:06] ‘Winning is Giving’ by Denis Waitley

[13:53]  Are the 3 value drivers of real estate still location, location and location?

[19:04] An article from The Atlantic "Why are so many Americans saying goodbye to cities?"

[27:57] Thou shalt only invest where there is universal need.

[31:56] A portfolio review and rebalance is necessary every 6-months or so.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Atlantic Article - Why So Many Americans Saying Goodbye to Cities by Derek Thompson

Direct download: CW_816_Jason.mp3
Category:general -- posted at: 4:11pm EDT

It’s a wonderful time to be alive, especially if you are an income property investor. New technologies allow investors to self-manage properties all over the U.S. no matter where in the world they are located. Jason speaks with Merrick Lackner the Co-founder of Rently and Rently Keyless. Merrick describes the mechanics behind turning your rental properties into smart homes to give you more control over showings, energy consumption costs and the general well-being of your properties as well as the cost of installation and maintenance.

Key Takeaways:

[03:07] Changes in property management and increased returns from investments.

[04:34] Do you know which billionaire lives in a trailer park?

 

Merrick Lackner Guest Interview:

[09:21] Merrick saw the need to improve on the showing of rental properties.

[12:57] Merrick describes the different options Rently offers.

[20:48] How the Rently process is coordinated for the renter and the landlord.

[25:30] The smart matching program includes a background check.

[26:58] Rently Keyless Entry gives real estate investors more control over their properties.

[30:10] How much does Rently Keyless cost to install and maintain?

[33:02] Rently offers different access for renters and owners to reduce liabilities and provide privacy.

Mentioned in This Episode:

Jason Hartman

Jason Hartman University

Zappos

Real Estate Tools

Rently

Rently Keyless


Originally aired as CW 244

Join Jason Hartman and client, Patrick, for a timely discussion about the benefits of real estate investing. Patrick shares his experiences working with Jason Hartman and Platinum Properties Investor Network’s investment counselors.

Direct download: CW_814_FBF.mp3
Category:general -- posted at: 1:00am EDT

Finally an economist talks about some new, positive stuff! Jason welcomes guest expert, Frances Donald the Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services. Frances is a wealth of information as she shares CEO, consumer and investor sentiment numbers with regards to the housing market and the job market. Jason can’t seem to pin Frances down on whether or not Trump, our first real estate president, is responsible for the growing economy but she does acknowledge the stock market is rallying based on the promised policy changes.

 

Frances says despite student loan debt and banks being reluctant to give mortgage loans to younger people the pent up demand leaves room to run in the real estate market.

Key Takeaways:

[4:42] Frances has a positive outlook for the U.S. economy based on the investor sentiment survey.

[7:24] Does Trump deserve credit for the good economic forecast?

[8:41] The challenge for the housing market moving forward is that interest rates are moving up.

[11:42] Companies large and small are feeling more optimistic with Trump as president.

[13:23] Residential investment or housing is a small percent of the total economy.

[18:00] Frances Donald shares the two drivers of rental housing.

[20:32] The natural relationship between housing and rentals is currently broken.

[24:11] Wage growth and how it relates to demographics.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

John Hancock

@francesdonald on Twitter


To start the show, two clients who bought properties at the Creating Wealth Seminar and Memphis Property Tour tell their stories of why they do business with Jason’s company. And, later a recording from the Venture Alliance Mastermind in Las Vegas with Jeff. Jeff details how he creates balance in his life and has a successful career.

Key Takeaways:

[1:27] Adam bought his 9th property during the Memphis Property Tour.

[4:32] A client who likes doing business with Jason’s organization because they provide a one-stop shop.

 

Las Vegas Venture Alliance Recording

 

[10:24] Jeff breaks things down into quarterly and daily goals.

[13:04] How Jeff strategically forms his 4 key goals.

[18:22] Meditation is a key component of successful people’s lives.

[22:23] The importance of teaching and growing every day.

[26:13] Choosing to create a leader, not a doer.

Mentioned in This Episode:

Jason Hartman

A Tale of Two Brothers Podcast

Venture Alliance Mastermind

Direct download: CW2081220Venture20Alliance20Mastermind.mp3
Category:general -- posted at: 4:36pm EDT

Join Jason Hartman and returning guest, Ellen Brown, author of Web of Debt, for a discussion of the United States’ debt ceiling, QE2, inflation, as well as a brief explanation of how money came to equal debt. Ellen explains why the debt ceiling is unconstitutional, how the government is legally committed to paying its debts. She points out the contradiction that has been for more than 100 years, since WWI. The easing put into place at that time was only to be a temporary measure.

Ellen also talks about shadow banking causing the crisis by money being lent into existence, slight of hand. The only real money are coins, which are one-tenth of the total money in circulation. Ellen also discusses QE2 , where the government agreed to pay the interest on borrowed money in order to maintain control of the Federal Funds rate. She said there are a lot of reserve funds on the books in certain foreign banks, including bond dealers, that is just being held.  Ellen also touches on the national debt, Glass-Steagall, and proposes state-owned banks as part of the solution, with the basic idea that we take care of our own, much the same way that Japan is reliant on their own Central Bank.

Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and "the money trust." She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Brown developed an interest in the developing world and its problems while living abroad for eleven years in Kenya, Honduras, Guatemala and Nicaragua. She returned to practicing law when she was asked to join the legal team of a popular Tijuana healer with an innovative cancer therapy, who was targeted by the chemotherapy industry in the 1990s.

That experience produced her book Forbidden Medicine, which traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. Brown's eleven books include the bestselling Nature's Pharmacy, co-authored with Dr. Lynne Walker, which has sold 285,000 copies.

Direct download: CW_811_FBF.mp3
Category:general -- posted at: 4:31pm EDT

The resurgence of the suburbs is yet another of Jason’s predictions coming true. Jason shares a recording of the Wall Street Journal article as proof. Then, Cal Newport details the current distraction epidemic caused by our smartphones and social media accounts. Cal believes corporations have us just where they want us by making us addicted to apps and programs which feed us non-stop advertisements and shape our buying habits. He discusses his books, Deep Work and So Good They Can’t Ignore You while offering strategies designed to break your addiction.

 

Cal Newport is a Professor of Computer Science at Georgetown University.

Key Takeaways:

[4:23] Jason’s prediction about the resurgence of the suburbs is coming true.

[9:45] Applying business ethics in politics doesn’t always work.

[11:05] A recording of the WSJ article about the migration of the US population.

 

Cal Newport Guest Interview:

[17:42] Cal explains the foundation for his two popular books.

[19:33] Modern digital handheld devices offer a true test of a person’s ability to focus.

[24:03] Measuring the impact of your digital behavior to make a bigger impact.

[26:30] How to break the addiction of digital devices.

[32:01] Developing a Deep Work habit.

[37:41] The distinction between productivity and true productivity.

[39:02] Apps and strategies for people who need to maintain connections but also want to focus.

[41:48] The title So Good They Can’t Ignore You was inspired by Steve Martin.

[46:22] Social Media doesn’t add much profit to your business unless your business is social media.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

Jason Hartman University

Cal Newport

Deep Work by Cal Newport

So Good They Can’t Ignore You by Cal Newport

“Look Up” Video on YouTube

Freedom App


During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It’s all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.

Key Takeaways:

[2:15] If your property doesn’t have good RTV ratios consider selling or refinancing.

[10:43] Vernon has been around property investing his entire life.

[12:00] Vernon needs Jason’s advice about how to handle his parent’s properties.  

[14:23] It doesn’t matter where your property is, RTV ratios are almost always the same.

[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.

[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.

[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?

[32:33] It’s important to examine the existing debt structure of the properties.

[34:09] A 1031 exchange may help offset depreciation taxes.

[36:37] How does an investor know when it’s time to 1031 exchange or to refinance?

Mentioned in This Episode:

Jason Hartman

Jhart88 on Voxer

Real Estate Tools


Welcome to the Creating Wealth Show. This is Episode Number 258, and this is your host, Jason Hartman. Excited to be with you today, as always. Thanks for joining me. Today we’re going to talk about the Secrets of Economic Indicators, with our guest, Bernie Baumohl and he’s written a book on that subject and it’s got a couple of printings, a couple of versions out and I think you’ll really get some stuff out of that, and come learn how to decode what you hear about, what you read about in the news media, and what it means to you as an investor and as an astute financial person.

Direct download: CW_808_FBF.mp3
Category:general -- posted at: 3:26pm EDT

In this solo episode, Jason reviews articles which depict the current economic state of affairs from coast to coast. In San Francisco, one company is paying employees to move, developers are driving up the cost of homeownership in New York City and the most average city in the US is exactly where you would expect it to be. Jason also reminds us why we shouldn’t be alarmed by rising interest rates because, as he points out, you have to look at the big picture. Money is and will be flowing into the real estate market during the Trump Administration. Don’t let your money be lazy! Contact an investment counselor today.  

 

If you are a new investor or thinking about investing in income property, visit Jasonhartman.com and watch the video, How to Analyze a Real Estate Deal. It’s free educational material.

Key Takeaways:

[2:09] The measurements used to determine the Most Average City in America.

[7:44] A small tangent turns into a rant about the downsides of Tesla ownership.

[13:49] The Business Insider article about Zapier paying employees 10K to move outside of San Francisco.

[16:16] Developers are swarming in New York City neighborhoods article.

[18:47] Signs money continues to flow into the real estate.

[21:57] The ability to borrow is a great asset.

[28:21] Money will flow into real estate under a Trump Administration.

[29:41] Work with an investment counselor to help build your portfolio.

[33:07] What will cause the rise of the suburbs?

[37:42] Why you should go back and listen to previous Creating Wealth episodes.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

 

Articles:

Newser:

This is the Most Average City in America by Michael Harthorne

Business Insider:

The cost of living in San Francisco is so high, a tech company is paying workers to leave by Melia Robinson

‘We’re like cockroaches’: Developers are swarming over emerging neighborhoods by E.B. Solomont

Direct download: CW_807_Jason.mp3
Category:general -- posted at: 10:10pm EDT

To kick things off, Jason shares a Wallethub article which lists cities with the highest and lowest credit scores. Memphis credit scores are some of the lowest in the US which is why it is a good place to invest in income properties. And, Jason’s guest today is the first banker in history to expose the monumental story of Swiss bank secrecy. When Bradley Birkenfeld became aware of the shady practices of Swiss accounts he went directly to the Department of Justice. What happened after led him to expose the secret connection between the US and Swiss Governments and how taxpayers in both countries foot the bill for the illegal activities of bankers.

Key Takeaways:

[2:05] Details about the upcoming Creating Wealth Seminar and Memphis Property Tour.

[6:20] A Survey by Wallethub lists these cities as having the highest and lowest credit scores.

 

Bradley Birkenfeld Guest Interview:

[11:54] A history lesson about the beginning of Swiss banking anonymity.

[14:56] The Department of Justice turned Bradley away.

[16:02] The banking system and the federal government are closely related.

[19:00] Secret numbered Swiss accounts allow for non-traceable illegal activities.

[23:22] Bradley was forced to go to the Senate because the DOJ is corrupt.

[26:55] Proof the American people were screwed by the Obama administration.

[28:39] The U. S. Government and the Swiss Government are in bed together.

[33:38] Wikileaks documents show Hillary Clinton was involved in UBS.

Mentioned in This Episode:

Jason Hartman

Lucifer’s Banker

 

Articles:

2017's U.S. Cities with the Highest and the Lowest Credit Scores.


Jason Hartman gives you a free one hour segment from his Creating Wealth Home Study Course as he discusses "The Ten Commandments of Successful Investing."

Direct download: CW_805_FBF.mp3
Category:general -- posted at: 9:35pm EDT

Jason and Fernando unpack recent articles from the Washington Post and Wall Street Journal as they relate to the general economy and most importantly, real estate. The first real estate president, Donald Trump may be opening the door to increased money flow in the U.S. through cutting the federal workforce and removing restrictions on community banks. Jason points out the multiple dimensions of real estate and how income properties offer multiple strategies for staying ahead of the market.

Key Takeaways:

[2:00] Jason and Fernando discuss the Washington Post article “Trump Budget is Expected to Seek Historic Contraction of the Federal Workforce.”

[11:53] And, “Trump Pledges to Ease Restrictions on Community Banks.”

[17:26] The 3 Dimensions of Real Estate

[19:27] Charlotte, NC is a great example of a market that softened after investors invested in income properties.

[21:10] Fernando is faced with making decisions about his existing properties.

[23:01] When is it the right time to change Property Managers?

[32:24] Unpacking the Wall Street Journal article “Credit Reports to Exclude Certain Negative Information, Boosting FICO Scores.”

[35:11] Reasons for investors to be bullish right now.

[37:33] It pays to be cautious but most importantly, be smart.

[40:49] Memphis Property Tour is almost sold-out.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Real Estate Tools

administrator@realestatetools.com


This episode includes a recording of a live Q&A session from a Creating Wealth Seminar. The Investment Counselor Panel shares real life examples of how investors benefit from the free education and their hands-on assistance. If you are interested in investing in the most historically proven asset class, income properties this podcast is a great place to start. It also includes the reasons why investors would want to attend a future Creating Wealth Seminar and the benefits of joining the high-level Venture Alliance Mastermind.

Key Takeaways:

[3:09] Venture Alliance wrap-up and details about the upcoming Chicago event.

[10:37] The Memphis Property Tour and Creating Wealth Seminar.

[11:16] Happy 13th Anniversary to the Creating Wealth Seminar!

 

Live Investment Counselor Panel Part 2 Q&A:

[16:19] The process of finding and vetting a Local Market Specialist.

[19:02] Striking the right balance between A, B and C properties in a portfolio.

[24:13] Amortization of property components.

[27:10] How many properties should I have in one bank account?

[35:59] What benefit do Investment Counselors provide to investors?

[44:20] Do Investment Counselors have different areas of expertise?

[49:28] How to best utilize an Investment Counselor?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Voxer

Property Evaluator Software

Direct download: CW2080320Jason27s20Live20Investment20Counselor20Panel20Part202.mp3
Category:general -- posted at: 10:23pm EDT

Jason Hartman talks with Chris Mayer who is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributor to the Daily Reckoning.

Graduating magna cum laude with a degree in finance and an MBA from the University of Maryland, he began his business career as a corporate banker. Mayer left the banking industry after ten years and signed on with Agora Financial. His book, Invest Like a Dealmaker, Secrets of a Former Banking Insider, documents his ability to analyze macro issues and micro investment opportunities to produce an exceptional long-term track record of winning ideas. Mayer’s commentary has been featured by MarketWatch, Russia Today TV, the Atlanta Journal-Constitution, and the Huffington Post. http://dailyreckoning.com/author/chrismayer/

Direct download: CW_802_FBF.mp3
Category:general -- posted at: 11:00pm EDT

This episode includes a brief history of Jason’s experiences in the real estate market from 2004 to the mortgage crisis of 2008. Jason correctly predicted the crisis and tells us what signs to look for in the future. Then, a live recording of a Creating Wealth Seminar with a panel of Investment Counselors answering real participant questions about mortgage sequencing, the importance of leverage, and common client challenges.

Key Takeaways:

[2:49] Details of the upcoming Creating Wealth Seminar and Memphis Property Tour.

[4:11] Jason predicted the collapse of the mortgage industry way back in 2004.

[11:16] Meeting other investors is one of the best things about attending a live event.  

 

Investment Counselor Panel Recorded Live:

[14:03] Meet the Panel: Investment Counselors Sara, Carrie, and Oliver.

[20:25] What areas of the process do clients find challenging?

[24:30] During the recession, how did investment counselors help investors?

[27:07]  A lesson in the importance of leverage.

[29:57] The strategy for mortgage sequencing.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Property Tracker Software

The Greatest Management Principle in the World, by Michael LeBoeuf

Direct download: CW_801_Jasons_Live_Investment_Counselor_Panel.mp3
Category:general -- posted at: 8:30am EDT

Jason’s guest is the larger than life, Grant Cardone. Grant is a firm believer in ‘it’s not what you know, it’s who you know’. Grant explains the inspiration behind his book, The 10X Rule, his strategy behind getting the life you want and why becoming rich is the only safe haven in today’s world. Grant recommends making your goals ten times bigger than they currently are and being willing to do whatever it takes to get what you want.

 

Grant is a New York Times bestselling author, Executive Producer of the reality show, Turnaround King and Host of the Cardone Zone.

Key Takeaways:

[2:26] Venture Alliance Mastermind details.

[7:54] Jason and Naresh discuss the impact the self-driving car will have on real estate.

 

Grant Cardone Guest Interview:

[20:00] Grant’s new venture Act Like Success is based on committing first and figure the rest out later.

[25:22] The 10X Rule is based on a concept that the goals, targets and actions people are making are low based on their potential.

[27:37] How to stay excited and make your goals 10X.

[29:27] Breaking free of middle-class thinking.

[36:47] Find power in who you know not what you know.

[41:13] You have to do whatever it takes!

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Grant Cardone

Tired of Missing Sales

Cardone University

@grantcardone on Twitter

Direct download: CW_800_rant_Cardone_-_The_10X_Rule.mp3
Category:general -- posted at: 6:39pm EDT

The world of investing involves many considerations. Chief among these are the two “Demons” of investing that must both be defeated in order to realize success. The first demon is risk, and the second is inflation. Risk comes from the fact that future returns are uncertain, and it is not possible to foresee all future events. Investments that seem ‘safe’ may turn out to have hidden dangers that we did not notice. Risk can never be eliminated, it can only be managed. The best way to do this is by properly diversifying your investments so that they are not all subject to the same market shocks. The second demon of investing is inflation. Inflation is especially difficult because it erodes the value of your dollars. Defeating the demon of inflation requires investment in multi-dimensional assets that are optimized to defeat inflation. Income properties meet this criteria well because the property itself holds real value by nature of the replacement cost of the structure, the loan allows you to have a fixed cost of capital for three decades, and the cash flow is pushed up by inflation while you cost structure remains flat because of the fixed-rate financing.

Direct download: CW_799_FBF.mp3
Category:general -- posted at: 7:20pm EDT

Thomas J. Anderson joins Jason to discuss the value of debt. Mr. Anderson is the Founder and CEO of Supernova Companies and author of The Value of Debt series of books. He has broken down life into four financial stages and gives his recommendations for the amount of debt a person should have at each stage to reach a balance between life span and money span. Mr. Anderson says too many people take on oppressive debt too early in life and the right amount of debt can be a powerful tool.

Key Takeaways:

[1:55] Details of the upcoming Venture Alliance Mastermind in Las Vegas and the Memphis Property Tour.

 

Thomas J. Anderson Guest Interview:

 

[5:26] All debt is not created equal.

[6:53] Companies have optimal debt ratios because they value the liquidity, the flexibility and the tax benefits of their strategic debt.

[8:43] Thomas describes the 4 stages of life and the optimal debt recommended for each.

[18:04] People need inflation, appreciation and income on assets working for them over a 30-year period of time.

[20:29] Real estate investors should learn the game of staying power.

[22:13] During economic downturns, those with more debt benefit the most.

[26:33] Debt structured the right way eliminates the need for massive returns.   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

The Value of Debt

Supernova Companies

The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth


Single-family homes sales rose in January. This has made income property inventory low. You can find out which properties are available in the sought after Memphis market by joining Jason during the upcoming property tour and Creating Wealth Seminar. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration.

Key Takeaways:

[1:43] National Association of Realtor’s article about home sales in January.

[5:11] Single-family homes sales are up and inventory is low.

[8:36] The Trump administration is a boon for the economy.

[9:21] A Goldman Sachs report says interest rates will rise.

[15:46] Venture Alliance Weekend and Memphis Property Tour details and dates.

 

ASSET MATRIX - Recording from Phoenix Live Event

[18:14] Inflation induced debt destruction by way of a mortgage.

[20:21] Jason explains how the government manipulates inflation numbers through hedonic adjustment.

[27:49] The ultimate investing equation.

[35:08] Anything that does not produce income is not an investment.

[36:59] Cash and bonds are destroyed by inflation.

[39:01] The IRS does not account for inflation.

[42:15] During deflationary periods people default on their loans.

[44:38] If you have a corporate job you are paying more taxes than the self-employed.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Longevity and Biohacking Show

Direct download: CW_797_Jason_Hartman_ASSET_MATRIX_INFLATION_vs_DEFLATION.mp3
Category:general -- posted at: 6:25pm EDT

On this episode of the Creating Wealth Show, Jason Hartman talks with author and editor, Janet Portman, about becoming a landlord. Whether or not you call yourself a “landlord,” when you rent out a house, you’ll want to do it right!

Ninety percent of small properties are owned by individual landlords, and millions in this group are balancing their landlord responsibilities with their daytime careers. Tune in as Jason and Janet discuss everything from landlord business basics and finding good tenants, to complying with applicable rental laws and dealing with problem tenants.  Janet Portman, author, attorney, and nationally recognized specialist in landlord/tenant law, is managing editor at Nolo, the nation’s recognized leader in providing legal information for consumers and small businesses.

Portman oversees editorial work on all Nolo books and software. She is the author or co-author of Every Landlord’s Legal Guide, Every Tenant’s Legal Guide, and LeaseWriter Plus software, plus six other books, all published by Nolo.

As an expert in legal issues related to landlords and tenants, Portman has appeared on national television and radio and has been quoted in the New York Times, Wall Street Journal, Kiplinger’s, Smart Money, the Los Angeles Times, and other publications. She has also spoken on related topics such as disputes involving neighbors and pets. Before joining Nolo in 1994, Portman was a public defender for the California State Public Defender’s office, representing clients at the trial, appellate, and state Supreme Court levels. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University.

Direct download: CW_796_FBF.mp3
Category:general -- posted at: 11:39am EDT

Jason shares the details for the Creating Wealth Seminar and Property Tour in Memphis, the Venture Alliance Mastermind in Las Vegas and what not to buy from your favorite local coffee shop before introducing guest, Julie Benezet. Julie is the Founder and Managing Principal of Business Growth Consultants and former Director of Global Real Estate at Amazon.com. She joins Jason to give us a behind the curtain look at Amazon’s fascinating build out and philosophy. Julie also shares key points from her new book, The Journey of Not Knowing: How 21st Century Leaders Can Chart a Course Where There is None.

Key Takeaways:

[1:42] Jason wants you to live long enough to enjoy the fruits of your investments.

[5:28] A Creating Wealth Seminar and Property Tour is set for the end of March in Memphis, TN.

[6:49] Harry Dent has made some crazy predictions and will come back on the show to explain them.

[13:30] Information for the Venture Alliance Mastermind: Your Financial Friends event in Las Vegas.

 

Julie Benezet Guest Interview:

[17:01] Julie details her business planning efforts at Amazon.com.

[21:55] Amazon’s ‘Get Big Fast’ mantra required employees who knew the rules of distribution.

[24:40] How Amazon chose locations for their fulfillment centers.

[28:17] Unpacking Julie’s book to understand the 4 steps required to do business in the 21st century.

[34:59] Julie reviews the 4 steps.

[35:56] Germany was the location of Julie’s defining moment as a leader.

[42:35] Pay attention to your customers!  

Mentioned in This Episode:

Jason Hartman

Creating Wealth Seminar and Property Tour in Memphis

Venture Alliance Mastermind

JHart88 on Voxer

Foundation for Economic Education

Business Growth Consulting

The Journey of Not Knowing


Jason details an exclusive new financing option for income property investors which is now available as it has never been a better time to lock in a rate. Trump, the first real estate president, may be good for business but he will usher in inflation and rising interest rates. Also, Joe describes the changes Fannie Mae recently announced. They are now allowing investors to put 20% down on their first 10 properties, but with caveats. The important thing to remember is that once you own the property you have options.

Key Takeaways:

[3:03] Details for the next Venture Alliance Mastermind in Las Vegas.

[5:02] An exclusive financing offer for income property investors.

[8:02] Owning the paper and being the lender is Jason’s second favorite asset.

[17:07] When you are a real estate investor your tenant is your customer.

[18:01] Jawad Mian writes “Check your biases at the door; Trump is good for business.”

[21:44] Vancouver, British Columbia is experiencing a bubble, sales have plummeted by 40%.

[26:15] Fannie Mae allows borrowers to put 20% down or the first 10 properties.

[28:28] Interest rates are rising so lock the rate on your property rate now.

[33:22] 85-90 days in the maximum time to lock in a rate.

[34:53] Joe explains loan level price adjustments to rate.

[37:07] The Trump administration may replace the head of the Consumer Financial Protection Bureau.

[42:00] The ease or difficulty of qualifying for a loan.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Stray Reflections by Jawad Mian


Jason reveals how you can actually profit from prudent borrowing. Then Jason and Ben, a local businessman and caterer, discuss inflation and rising food prices.

Direct download: CW_793_FBF.mp3
Category:general -- posted at: 6:54pm EDT

Jason seeks to empower his investors with tools to assist them with self-managing their properties. The team offers complete solutions including inventory, property management tools and now exclusive financing with terms you will appreciate. Jason’s guest today is the founder of Rentec Direct, Nathan Miller. Nathan says his company is a client-focused program with a sweet spot of investors with 2-20 income properties.Tenant screening, automated payments and a property manager access option makes the tool accessible and easy to use.

Key Takeaways:

[1:38] Investor empowerment allows investors to control things in a positive way.

[4:09] The 3 major problems stemming from relinquishing control.

[5:55] The pathetic banks charge countless fees and don’t even pay interest anymore.

[20:38] Ask your Investment Counselor about our exclusive financing with reasonable fees.  

 

Nathan Miller Guest Interview

[25:07] Rentec Direct’s average client is an investor with 2-20 properties.

[27:06] The Rentec tool is designed to make a landlord’s life easier.

[32:16] Tenant screening is via Trans-Union.

[37:13] Rentec PM has the option to open an owner/investors portal and is 20% more.

[41:42] What differentiates Rentec Direct from their competition?

[47:17] Live chat support is available within the program.

Mentioned in This Episode:

Jason Hartman

Cozy

Rentec Direct


Jason welcomes Muthiah Nachiappan to the show. Muthiah is a client with 9 properties and an avid property management contract reader. He discusses his self-designed Property Management Survey, the garbage fees most property owners pay but don’t question and how he became interested in income properties. For property owners, Jason shares 4 options for property management and then the 3 options property management companies have if they want to stay in business and service their customers.

Key Takeaways:

[2:44] Property Management contracts always favor the person who is drafting them.

[4:06] Jason wants to disrupt the property management business through self-management, a la carte services and flat fee property management.

[7:38] How Muthiah get interested in income properties.

[11:28] Muthiah explains his Property Management Survey.

[16:01] A flat fee system gives the property manager an agreed upon percentage of any money that comes in.

[21:30] These 4 options for property management should be available to every property owner.

[26:52] Property management companies need to change their business model to provide a hybrid option.

[31:21] Let your property management company know that you are an educated and aware investor.

[33:48] Muthiah shares his future investment plans and his retirement objectives.  

Mentioned in This Episode:

Jason Hartman


Jason talks with Harvey Mackay author of the New York Times #1 bestsellers Swim With The Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt. Both books are among the top 15 inspirational business books of all time, according to the New York Times. In total, Harvey’s books have sold 10 million copies worldwide, been translated into 37 languages and sold in 80 countries.

Harvey is a nationally syndicated columnist for United Feature Syndicate, whose weekly articles appear in 52 newspapers around the country, including the Chicago Sun Times, Rocky Mountain News, Orange County Register, Minneapolis Star Tribune and Arizona Republic. He also is one of America’s most popular and entertaining business speakers. Toastmasters International named him one of the top five speakers in the world. At age 26, he purchased a small, failing envelope company in 1959 which has grown to a $100 million business employing over 600 people. MackayMitchell Envelope Company is one of the nation’s major envelope manufacturers, producing 25 million envelopes a day. As chairman, Harvey’s philosophy is engrained in the company, beginning with its motto: Do what you love, love what you do and deliver more than you promise.

Direct download: CW_790_FBF.mp3
Category:general -- posted at: 12:39pm EDT

Jason kicks this episode off with a financing offer for investors who have reached their Fannie/Freddie financing limit or are looking for an alternative to high-fee hedge fund loans. And later during the interview, the Executive Chairman of the Ayn Rand Institute, Dr. Yaron Brooks offers up his in-depth look at President Obama’s and President’s Trump’s governing styles. Dr. Brooks is the author of the best-selling book Equal is Unfair: America’s Misguided Fight Against Income Equality. He believes deregulation, decreasing taxes and shrinking government spending are the corrects paths to make the US government serve the American people in the manner intended by our forefathers.

Key Takeaways:

[2:10] Jason offers a limited supply financing opportunity, you can’t refuse.

[8:20] Trump’s temporary immigration ban is upsetting tech executives.

[15:54] Investing in paper investments when inventory is limited.  

 

Dr. Yaron Brook Guest Interview:

[19:16] Ayn Rand understood our culture so well she was able to predict the financial future.   

[23:04] What does Dr. Yaron Brook think about Trump?

[32:19] The president should be massively deregulating the US economy and shrinking government spending.

[40:32] Ayn Rand believed Libertarians didn’t focus enough on individualism.

[42:21] Altruism is the idea that a person should live for the sake of other people.

[45:29] Dr. Brook believes technology is the true reason for the loss of manufacturing jobs in America.

Mentioned in This Episode:

Jason Hartman

Refi 'Til Ya Die!

Ayn Rand Institute

Yaron Brooks Podcast

Equal is Unfair: America’s Misguided Fight Against Income Equality


Jason kicks off this episode with a reminder about the support he and his team gives their clients and his thoughts about the Trump administration and the forthcoming inflation. Guest Chris Porter is the coauthor of Big Shifts Ahead and the Vice President and Chief Demographer at John Burns Real Estate Consulting. Chris explains how demographic issues affect the real estate market, the economy and business cycles.

Key Takeaways:

[1:42] Advocating for clients is what sets Jason and his team apart from other real estate groups.

[7:03] Jason only does business with top-shelf vendors.

[9:14] An upcoming Memphis property tour?

[11:53] The inflationary economy and the real estate market should do well under the Trump administration.

[17:35] Income property is a multi-dimensional asset.

 

Chris Porter Guest Interview:

[24:05] Chris dives into the new book Big Shifts Ahead: Demographic Clarity for Businesses.

[26:37] Chris lists the nicknames given to generations which were based on the shifts they ushered.

[35:10] A generation is more likely to act like their grandparents than their parents.

[36:06] The impending shadow demand on the housing market.

[38:25] Immigration has fueled one-third of the population growth in the U.S.

[40:41] John Burns Real Estate consulting estimated home ownership will fall below 61% over the next 10 years.

[44:07] Southern markets are offering incentives to businesses for relocation.

[45:42] Defining urban, suburban and rural communities.

[50:16] Surban - Bringing the best urban qualities to a traditional suburban environment.

Mentioned in This Episode:

Jason Hartman

John Burns Real Estate Consulting

Big Shifts Ahead


The lending regulations have changed drastically within the past two years, causing investors quite a headache when attempting to buy America’s most tax-favored investment, income properties….

Direct download: CW_787_FBF.mp3
Category:general -- posted at: 5:32pm EDT

Jason’s curiosity leads him down the path of celebrity net worth. The numbers he uncovers are not what you might think. And, during the guest interview, David Pogue shares simple life hacks for making money in the sharing economy and how to get free stuff. David is the founder of Yahoo Tech, a technology columnist and correspondent for Scientific American and CBS Sunday News morning. He is the former tech columnist for the New York Times and the host of PBS’s NOVA. David is a four-time Emmy winner, a two-time Webby award winner and author of several books including his new release, Pogue’s Basics: Money.

Key Takeaways:

[4:38] How much are they worth? Looking at the income versus net worth of the rich and famous.  

 

David Pogue Guest Interview:

[16:42] David Pogue describes the Pogue book series.

[18:38] Pogue’s Basics: Money is basically a book of financial life hacks.

[22:40] The psychology of money.

[28:00] The sharing economy is changing lives.

[32:14] The Internet of Things is not winning over the market.

[35:50] The Consumer Electronics Show will feature wearable medical trackers and voice controlled apps.

[39:30] Apple has recently put its best foot forward in voice-controlled tech.

[41:08] David Pogue is busy writing his new books.

Mentioned in This Episode:

Jason Hartman

Creating Wealth #784 - Packaged Commodities

Holistic Survival Show

Celebrity Net Worth

David Pogue

@pogue - David Pogue on Twitter

Yahoo Tech


During today’s episode, Jason shares his appreciation for the ability to self-manage rental properties and the disintermediation of single family home sales. The Chief Product Officer for Key Please, Adam Lorentzen joins Jason to describe the sought after service of landlord free, self-showings of rental properties. The Key Please business model focuses on automating the self-management process for owners as well as making the process as easy as possible for renters.  

Key Takeaways:

[1:34] Self-managing a property from a distance is possible.

[4:16] Wall Street Journal article “Blackstone Wins Fannie’s Backing for Rental Home Debt”.

[7:20] President Trump has a lot of energy and will be good for the American economy.

[11:21] We will soon see the easing of landlord problems.

 

Adam Lorentzen Guest Interview

[16:05] Key Please helps owners automatically self-manage their properties with 3 tools.

[21:33] Adam is surprised by the number of users embracing the Key Please service.

[23:42] Adam describes the process for the renter and the property owner.

[29:10] The simple hardware has a deeper level of security than wifi or cell-based systems.

[31:56] People who view the properties can provide anonymous feedback.

[33:20] This service is for property owners who want flexibility in how they manage their properties.

[36:51] Key Please wants to assist small property owners and renters in the near future.

Mentioned in This Episode:

Jason Hartman

Key Please


Platinum Investment Counselor, Sara, brought a client into Jason’s office today and one of those occasional, casual and impromptu shows was born. If you want to hear it from the client’s mouth to your ears, this show is for you. Learn from a short discussion on global trade, container shipping, Packaged Commodities Investing™ and what a “free lunch” can mean to your income property. Yes, our client David Porter introduces the “free lunch” metric to help evaluate investment property.

On the next show, Jason discusses business success and the law of attraction with One Coach Founder, author and star of global best-seller “The Secret” – John Assaraf. Happy Investing!

Direct download: CW_784_FBF.mp3
Category:general -- posted at: 5:30pm EDT

Jason’s guest, Patrick Donohoe is the CEO of Paradigm Life. Paradigm Life is an insurance-based financial services company. Patrick shares his thoughts on the recent political changes and how the U.S. economy will be affected, he shares his thoughts on the new administration with a high-level worldview and he recalls his recent experience at the Meet the Masters of Income Property event in California.

Key Takeaways:

[3:05] The caliber of people at the Meet the Masters of Income Property event was a high point.

[5:52] Foxconn will bring manufacturing back to the U.S. due to Trump’s business savvy.

[12:28] Patrick doesn’t believe charity to foreign nations is in the best interest of the U.S.

[16:23] It will be fascinating to see how Trump deals with the past, present and future.

[20:49] Trump will inject adrenaline into the U.S. economy.

[23:50] Paradigm Life is an insurance-based financial services company.

[28:18] A stock market rally is a short-lived business cycle.

[30:51] Patrick describes how he makes the right investment and performs due diligence when acquiring properties.

Mentioned in This Episode:

Jason Hartman

Venture Alliance

Paradigm Life


Jason welcomes entrepreneur Michael Quarles to discuss the new Trump administration and the U.S. economy. The first real estate president will have an effect on real estate investors, interest rates, tax brackets and the amount of extra cash we all have in our pockets but to what extent? Michael and Jason speak of the good old days of simple interest rates, small government and inaugural speeches of the past.

 

Key Takeaways:

[1:33] The lesser of two evils took office and his inaugural speech mirrored the famous speeches of the past.

[6:21] The idea that government should be less powerful and people should be more powerful started back with the Magna Carta.

[8:36] Will the Trump administration be good for real estate investors?

[9:56] Higher wages translate into higher real estate prices and stable tenants.

[13:35] A mortgage locks you into a rate for 3 decades!

[15:24] The Meet the Masters Event stressed Jason out a bit.

 

Michael Quarles Guest Interview:

[19:39] Michael believes the tax bracket will go down allowing him to invest more under the Trump administration.

[24:11] Whether it is passive income or ‘wholetaler’, an entrepreneurial mindset is the key to success.

[26:57] Will average consumers have more money in their pockets when interest rates rise and tax rates lower?

[29:47] Rents are climbing higher than a mortgage payment in larger markets.

[31:02] The Yellow Letter Business is exclusively real estate focused.

[35:39] Professional real estate investors aren’t afraid of risk.

[38:01] Michael Quarles is excited about what the future holds.

[42:13] If you think you can, you are right.  

Mentioned in This Episode:

Jason Hartman

Michael Quarles

Direct download: CW_782_Michael_Quarles.mp3
Category:general -- posted at: 12:00pm EDT

Originally aired as CW 781

In this impromptu show Jason interviews his mother, Joyce, on her simple low-tech approach to investing in income properties.

Hear Jason’s mom share her experiences parlaying a low income job and a small $12,000 investment into a $7,000,000 portfolio that generated a net income of well over $200,000 annually (and rather passively) at retirement… not including tax benefits!  You can create wealth and passive income the old fashioned way or accelerate the process with our modern strategies.  Either way, it’s all about passive checks in your mailbox every month.  While the journey of a real estate investor is usually fun and easy, there may be trials and tribulations while buying and managing your portfolio. Like the tortoise and the hare, slow and steady wins the race.

The time will pass anyway, why not put time on your side by holding income properties?  The motto to live by; “Don’t wait to buy real estate, buy real estate then wait!”  Remember – life is a marathon, not a sprint; and if you want a surefire road to success, then don’t lose sight of the big picture.

Direct download: CW_781_FBF.mp3
Category:general -- posted at: 11:24am EDT

This 10th episode features the brilliant Jen Sincero. Jen is the author of the New York Times #1 bestselling book, You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life and the upcoming release, You Are a Badass at Making Money. Jen shares how she was able to change her mindset, her self-talk, her energy and how embracing gratitude led her to financial security. Her message will inspire you to start living your awesome life.   

Key Takeaways:

[2:36] Thank you to the lovely Taylor for recommending Jen Sincero’s book.  

[5:31] The 19th Meet the Masters of Income Property event information.

 

Jen Sincero Guest Interview:

[10:08] The key ideas of Jen’s You are a Badass book.

[11:16] How staying in your comfort zone you aren’t getting anywhere.

[12:47] Jen’s personal and financial transformation.

[15:47] How does someone change their internal dialogue?

[19:10] God is the ‘G’ word.

[21:23] We choose the direction of our lives whether purposely or unpurposely.

[23:46] Jen explains the chapter, Lead with Your Crotch.

[26:42] Jen’s new book deals with the judgments and mindsets we have surrounding money.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Live Event

Jen Sincero

@jensincero on Twitter

The Jen Sincero on Facebook


Even in the face of rising interest rates and the current business cycle, Jason is still bullish when it comes to investment opportunities during the upcoming Trump administration. The future of the investment economy will be discussed during the next Meet the Masters Live Event. Today’s guest Gerald Celente makes his third appearance on the Creating Wealth podcast. Gerald is the Founder of the Trends Research Institute, Publisher of Trends Journal and Editor of Agora Financial’s Breakthrough Technology Alert. The previously pessimistic trends analyst has changed his outlook on America’s economic future by 180 degrees in the direction of positive.

Key Takeaways:

[1:32] Gerald Celente has turned his economic outlook by 180 degrees.

[2:40] Jason is bullish about the investment opportunities during a Trump administration.

[5:08] Rising interest rates and the general business cycle are two things that may be a concern to the economy.

[7:22] Info for the Meet the Masters of Income Property Live Event and Live Stream.

[9:17] Analysing WSJ’s article Trump’s Win Fuels Bets on Inflation, US Today and RT articles.  

 

Gerald Celente Guest Interview:

[16:40] All over the world people vote out what they want out.

[18:21] The current shift is a shift away from big government not towards Socialism.  

[20:23] The Businessman-in-Chief is a bottom line guy.

[21:49] The media world, the political world and the real world.

[26:20] It’s time to take advantage of opportunities and play the “Trump” card.  

[28:46] The U.S. needs to become a self-sustaining economy.

[32:44] The Fed’s will raise interest rates several more times.

[38:00] Will there be war under a Trump administration?

[40:22] Closing thoughts and contact information for Gerald Celente.  

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Live Event

Occupied Peace

Trends Research


Jason Hartman welcomes Ronald Reagan to the show to share a moving Christmas story. Next, some mortgage financial planning illustrated by “A Tale of Two Brothers” by Ric Edelman who has educated his clients for years on the benefits of integrating their mortgage into their overall financial plan.In his book, The New Rules of Money, Ric tells the story of two brothers, each of whom secures a mortgage to buy a $200,000 home.

Each brother earns $70,000 a year and has $40,000 in savings. The first brother, Brother A, believes than half the nation’s banks failed and millions of homeowners, unable to raise the cash they needed to payoff their loans, lost their homes. Out of this the American Mantra was born: Always own your home outright. Never carry a mortgage. The reasoning behind America’s new mantra was really quite simple: if the economy fell to pieces, at least you still had your home and the bank couldn’t take it away from you. Maybe you couldn’t put food on the table or pay your bills, but your home was secure.

Since the Great Depression laws have been introduced that make it illegal for banks to call your loan due. The bank can no longer call you up and say, We’re running a little short on cash and need you to pay off your loan in the next thirty days.Additionally, the Fed is now quick to infuse money into the system if there is a run on the banks, as we saw in 1987 and Y2K. Also, the FDIC was created to insure banks. Still, it’s no wonder the fear of losing their home became instilled in the hearts and minds of the American people, and they quickly grew to fear their mortgage. In the 1950’s and 60’s families would throw mortgage burning parties to celebrate paying off their home. And so, because of this fear of their mortgage, for nearly 75 years most people have overlooked the opportunities their mortgage provides to build financial security.

Direct download: CW_778_FBF.mp3
Category:general -- posted at: 1:17pm EDT

The upcoming 19th Meet the Masters of Income Property live event is upon us. With big name speakers like G. Edward Griffin, Garrett Sutton and Darin Bloomquist, this event is to be worth more than 5x’s the cost of the ticket. Jason’s guest today is an income property investor and one of the very first Venture Alliance Mastermind members. Elisabeth Embry started investing in real estate after realizing a high-paying position is great as long as you have it. She and her husband knew they would need to address their future income. She shares her story and the best elements of Meet the Masters and the Venture Alliance Mastermind.  

Key Takeaways:

[1:34] G. Edward Griffin, Garrett Sutton and Darin Bloomquist will be speaking at the Meet the Masters of Income Property Event.

 

Elisabeth Embry Case Study

[6:27] Elisabeth’s work focuses on large scale program management and business management.

[8:42] The Rich Dad, Poor Dad and The Millionaire Next Door books influenced Elisabeth’s decision to invest in income property.

[11:13] A good property manager is worth their weight in gold.

[15:05] Property Managers and Local Market Specialists can get complacent.

[17:34] This Meet the Masters of Income Property Event will have increased audience participation.

[21:02] Local Market Specialists have so much good information to share during the Meet the Masters.

[21:51] Elisabeth enjoys networking with the like-minded community of real estate investors at the Meet the Masters of Income Property event.

[24:27] The Venture Alliance Mastermind helps leverage the lessons other people have already learned.

[29:41] The quality of the presenters are world caliber business leaders.

[32:10] Elisabeth and her husband are continuing to expand take advantage of Jason’s network.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Tickets


Jason reminds us about the upcoming Meet the Masters of Income Property Live Event in lovely Irvine California. A special inventory of properties is being withheld from JasonHartman.com so attendees can purchase vetted income properties at the event. Jason’s guest on today’s podcast is Tom Schatz. Mr. Schatz is the President of The not-for-profit Citizens Against Government Waste (CAGW) and it’s lobbying affiliate, Council for Citizens Against Government Waste (CAGW). The group publishes the annual Congressional Pig Book to highlight areas where Congress mismanaged taxpayer dollars in the previous year. Jason immediately made a donation to this organization after the interview and if you care about holding Congress members accountable, maybe you should too.   

Key Takeaways:

[1:44] Irvine, California is the site of the 19th Meet the Masters of Income Property Event.  

[5:22] Electric vehicles may help eliminate the constant noise that surrounds us.

[7:35] The Consumer Electronics Show proves it is an amazing time to be alive.

[10:13] Why is the inventory on JasonHartman.com so low?

 

Tom Schatz Guest Interview:

[13:03] CAGW earmarks 5.1 billion dollars in 2016 in the Congressional Pig Book.

[14:32] Before 2008, Congressional members were not required to put their name in Appropriations Bills.

[18:04] Mismanagement of taxpayer dollars is the number one problem with how Congress spends.

[19:50] Trump will give a different perspective to the highest office in the land.

[21:22] Are term limits a solution to pork barrel spending?

[22:42] Transparency helps illuminate the problems in Washington, D.C.

[24:56] How to Get Involved with Citizens Against Government Waste.  

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Tickets

Citizens Against Government Waste

Council for Citizens Against Government Waste


Originally aired as CW 459

Jason still has remaining tickets to the Meet the Masters event. Remember, this will be the sweet 16 Meet the Masters event and there will be a lot of insightful experts at the conference. Do not miss out! In Jason’s Creating Wealth intro, he talks a little bit about the book The Future of the Mind by Michio Kaku and what he has learned from it. Today’s guest is a case study of one of Jason’s clients, Fernando. Fernando talks about his success in real estate as well as shares to the audience a bit about his background and where he came from.

Direct download: CW_775_FBF_mixdown.mp3
Category:general -- posted at: 12:00pm EDT

The 19th annual Meet the Masters of Income Property is just three short weeks away. This revamped event will feature breakout sessions, top shelf speakers and in-depth discussions about what the rising inflation rates will mean for real estate investors. Jason’s guest is John Simpson. Mr. Simpson invested in the trailblazing Rent Reporters before it’s official launch because he believed in the business model. He now runs the company as CEO and is the corporate cheerleader to this fairly new, progressive company. Mr. Simpson shares the benefits of his service to both renters and landlords, how to participate in the process and testimonials about the benefit to those this service has affected positively.

Key Takeaways:

[2:01] Rising interest rates is just one of the subjects we will be discussing at the Meet the Masters of Income Property Event.

[3:36] Erin sent in an article from the Kiplinger Letter about the future of the economy and inflation.  

[9:49] What will Trump do to light the economy on fire?

[13:20] Garrett Sutton will be speaking at the 19th Meet the Masters Event.

 

John Simpson Guest Interview:  

[16:54] Before Rent Reporters there was no mechanism for tenants to get credit for their on-time rent payments.

[18:35] The benefit to renters is clear, but what is the benefit for landlords?

[20:05] This service makes the renter more accountable.

[21:36] The top 3 factors that determine a credit score.

[24:54] Many renters have no credit score or they are invisible.

[27:16] A landlord will be able to see renter’s payments for the past two years.

[32:27] Landlords are incented monetarily to get new clients for Rent Reporters.  

[38:22] The statistics that back the Rent Reporters business model.

Mentioned in This Episode:

Jason Hartman

The 3 Dimensions of Real Estate

Rent Reporters


Welcome to Creating Wealth 2017! The most important takeaway from today’s conversation is to start investing in real estate income properties now. If you already have an existing portfolio beef it up. Time is short and the longer you own a property the more money you make. Preserve your financial future. On today’s show,  Jason brings Naresh back after an 8-month absence to discuss the benefits of smoking, the problem with the financial media in the U.S. and the farce which is making money on tax liens and deeds.  

 

Naresh also shares his findings from his recent trip to Cuba.

Key Takeaways:

[1:35] If you haven’t started your real estate portfolio and secured your financial future the best day to do it is today.

[5:03] The benefits of smoking include being social.

[14:00] Thinking critically and holding opposing thoughts on the same subject shows a high level of intelligence.

[15:56] Drinking the kool-aid is easier than doing your homework when investing.

[17:34] The problem with the financial media is the people delivering the news are not business people.

[24:37] How to make money from investing in tax liens and deeds and why it’s not a good idea.  

[35:11] Naresh shares his experiences from his recent visit to Cuba.

[42:28] One of the few things Obama did that Jason agrees with is opening up Cuba.

Mentioned in This Episode:

Hartman Media

Jason Hartman

Creating Wealth Episode 417

Biohacking and Longevity Show

Holistic Survival Podcast

Venture Alliance Mastermind

Meet the Masters of Income Property

Direct download: CW_773_Jason__Naresh.mp3
Category:general -- posted at: 9:08pm EDT

On this show we’ll hear from Paul Harvey, Jim Rogers, Ron Paul and truth challenged Ben Bernanke about commodities investing and the virtues of trading fake dollars for real assets.

Direct download: CW_772_FBF.mp3
Category:general -- posted at: 12:00pm EDT

Real estate is a multi-dimensional asset class. Investing in real estate as income property as part of your long-term investment strategy is for those with abundant critical thinking abilities. Jason shares an email from a tenant who just doesn’t seem to get it.

 

Jason interviews Jordan Goodman, America’s ‘Money Answers’ man. Jordan is the author of 13 books. He shares his thoughts on what we can expect from our new presidential administration, how Trump’s mix of supply-side and Keynesian economics will affect real estate markets and the possibility of increased inflation.  

Key Takeaways:

[2:15] Can humans hold and evaluate two contradictory thoughts at the same time concurrently?

[3:12] The 3 Dimensions of Real Estate.

[5:26] A real email from a know-it-all tenant.

[11:44] Real life advantages of smoking coming up on a future episode.

[14:06] Get your tickets for the best Meet the Masters of Income Property Event ever.

 

Jordan Goodman Guest Interview:

[16:49] Jordan says tax rates will see dramatic changes under the Trump administration.

[18:28] Reducing taxes will increase the deficit, pushing interest rates up.

[21:37] The multiplier effect is the amount a home buyer invests in a newly purchased home.

[22:22] Regulations have discouraged good, qualified people from getting loans.

[23:08] Is it time for an economic downturn in the U.S.?

[27:31] Jordan tells us why interest rates will rise sharply in the next four years.

[32:18] Jordan Goodman wants what is best for the country.

[33:50] The economy will have a mix of supply-side and Keynesian attributes.

[36:30] The U.S. will run out of workers when Trump invests in infrastructure projects.

[40:48] Trump doesn’t want to install 35% tariffs his goal is an increase in exports.

[43:38] Jordan is involved in a commercial real estate lending fund.   

[45:35] Does Thou shalt maintain control still apply?

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event details

Jordan Goodman

Commercial Real Estate Income Fund

888-444-2102


The population of the millennial generation is more abundant than even the baby boomers. Millennials are mobile, they wait until later to marry and they thrive in the sharing economy. Jason kicks this episode off by delving into the statistics surrounding this massive group of consumers.  

 

Jason’s guest today is the well-known, co-host of Fox News Channel’s, The Five, Kimberly Guilfoyle. Kimberly contributes to the O’Reilly Factor, Hannity and she is a guest host for On the Record with Greta Van Susteren. Kimberly is the author of the bestseller, Making the Case: How to Be Your Own Best Advocate. During this down-to-earth episode, Kimberly shares her path from prosecutor to TV personality, author and advocate.  

Key Takeaways:

[2:07] Statistics on the millennial housing market and their affinity towards the sharing economy.

[8:03] Unpacking the Investor’s Business Daily article Diversifying the Suburbs.

[16:06] January’s Meet the Masters of Income Property Event details.

 

Kimberly Guilfoyle Guest Interview:

[18:40] Kimberly is originally from San Francisco and now resides in New York City

[22:46] Kimberly believes it’s important to do something you are passionate about.

[24:27] Why it is important to surround yourself with people who are uplifting.

[26:07] You can do quite well taking calculated, sound risks in real estate.

[28:06] Finding contractors you can partner with is a big deal.

[29:04] Kimberly recalls meeting Gavin Newsom and the power of great love.

[33:34] Turning your skills into advocacy.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event details

Kimberly Guilfoyle

Making the Case: How to Be Your Own Best Advocate

Direct download: CW_770_Kimberly_Guilfoyle_-_OReilly_Factor__Hannity_on_Fox_News.mp3
Category:general -- posted at: 12:00pm EDT

Let’s call this one the “Non-Show” where you can hear some quick highlights of past shows and forward the five-minute “demo reel” to friends and family.

Upcoming shows include: Addison Wiggin, editorial director and publisher of The Daily Reckoning and executive publisher of Agora Financial and cash flowing, turn-key income property opportunities in Dallas, TX.

Direct download: CW_769_FBF.mp3
Category:general -- posted at: 12:00pm EDT

Jason speaks with Bob Pozen about possible changes in the real estate market under a Trump administration. Changes in legislation and regulations may lift up small to medium sized banks and increase the amount of lending by the biggest banks. Bob Pozen is a Senior Lecturer at MIT’s Sloan School of Management, a Senior Research Fellow at the Brookings Institute and former Associate General Counsel for the SEC. Bob has authored two books Extreme Productivity and Too Big to Save which is discussed during today’s podcast.   

Key Takeaways:

[2:04] The historic change in the leadership of the U.S. Government.

[3:50] Remember to register for the 2017 Meet the Masters Event slated for January.

 

Bob Pozen Guest Interview:

[6:11] Legislation that may be changed through banking system while Dodd-Frank is left as is.

[9:50] There has been too much regulation on small to medium sized banks.

[11:33] The problems are Fannie Mae and Freddie Mac are they were never public nor private.

[15:13] The FHA and VA insure 100% of the mortgages made by banks.

[15:55] More money flowing into the real estate market will cause an upward pressure on prices.

[18:46] Home buying increases when rates start to go up but then level out.

[19:28] Pozen was chosen by President Bush to join a bipartisan commission to strengthen Social Security.  

[21:00] Security and Exchange Commission has constraints regarding employees working for corporations after their service.

[23:22] Getting to the gist of Bob Pozen’s book Too Big to Fix.

[25:59] Peer-to-Peer lending is pretty much unregulated.

[27:38] As the economy strengthens banks should lend more.

Mentioned in This Episode:

Bob Pozen

Jason Hartman

Jason Hartman Events


What a treat! Jason leads us into this episode revealing the possibilities available to the real estate market under our first US real estate president and reminds us the Fed has only raised the interest rate twice in the last decade. The political cartoon Christine sent in will have you laughing until the next great episode of Creating Wealth. This episode finishes like a fine wine with Jason’s personal recording of the sensational Leann Rimes answering questions from a private group and then wowing the crowd by belting out an amazing Amazing Grace.  

Key Takeaways:

[2:24] Can you imagine Leann Rimes singing Amazing Grace acapella right in front of you?

[4:50] The first real estate President could repeal Dodd-Frank.

[7:09] The multi-dimensional asset class that is income producing real estate.  

[10:10] What caused the 2008 Great Recession?

[11:25] Christina sent Jason a great political cartoon.

[16:07] You should start thinking of aging as a disease.

[20:48] Align your financial interest with the powers that be!

[23:55] Leann Rimes answers audience questions and sings Amazing Grace.

Mentioned in This Episode:

Jason Hartman

Direct download: CW_767_Leanne_Rimes.mp3
Category:general -- posted at: 10:31pm EDT

Originally aired as CW 132

 

Investors are convinced they cannot trust Wall Street to deliver the American Dream of financial security and independence. The same investors know Packaged Commodities™, in the form of income properties, are the best method to achieve this American Dream. Eighty-five percent of wealthy Americans created their fortunes this way. Since the real estate crash in 2007, our nation has changed the once under-regulated lending requirements to extremely strict mortgage qualifications in hopes of avoiding another crash in the future. This attempted fix has not only stopped the irresponsible individual from placing themselves in a loan they cannot afford, but it unfortunately bottle-necked the ability for responsible real  estate investors to purchase lucrative income properties and take advantage of historically low pricing and interest rates.

To inform investors on the latest lending situations, Jason Hartman welcomes registered financial consultant and mortgage professional, Randy, to this episode of The Creating Wealth Show. With over 22 years of experience in the mortgage industry, Randy has personally assisted thousands of individuals obtain mortgage loans for their primary or income property needs.

Upcoming shows will feature: Nancy Marmolejo, one of the top 50 most powerful and influential women in social media and award winning founder of Viva Visibility.

Direct download: CW_766_FBF.mp3
Category:general -- posted at: 12:03pm EDT

The market is moving and it seems to be moving in the right direction for real estate investors. The historical average for appreciation for single family homes is ~6% nationwide. If you are already an income property investor, the good news is rents may be pushing upward. Jason’s guest today is the author of the new book, Global Shocks: An Investment Guide for Turbulent Markets. Nick Sargan is Senior VP and Chief Economist at Fort Washington Investment Advisors. He is a former economist at Morgan Guaranty trust, Salomon Brothers, Prudential Insurance and JP Morgan. He shares his insights about how the markets will react to a Trump presidency.

Key Takeaways:

[2:50] Large corporations take advantage of customer’s time and call center workers are drones.

[8:45] The flawed cap rate is an evaluation of a property’s performance minus appreciation and leverage.

[14:45] The annual Meet the Masters of Income Property Event is in January.

 

Nick Sargen Guest Interview:

[16:55] President-elect Trump may lead the US with a pro-business stance.

[20:27] Trump is a spender which could lead to higher interest rates.

[22:35] Nick Sargen worries about Trump’s trade issue.

[25:21] Budget deficits do not mean inflation.

[27:58] Trump will be a pro-growth, real estate president.

[30:50] The market is moving with the belief that all of Trump’s policies will promote growth.

[33:40] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book.

[36:14] How to capitalize on a bubble.

[39:58] Financial institutions have led the way during the current stock market rally.  

Mentioned in This Episode:

Jason Hartman

Jason Hartman - Inflation Induced Debt Destruction Podcasts

Nick Sargen

Global Shocks  


No one but Jason seems to be saying it but Donald J. Trump is America’s first real estate president. It’s true his presidency may bring inflation but it’s ok because many real estate investors already have their debt locked up for three decades. Jason’s guest on today’s podcast is Nick Adams. Nick is the Founder and Executive Director of FLAG, The Foundation for Liberty and American Greatness. He also works as a columnist for Townhall.com. He is a former Centennial Institute Policy Fellow. Nick discusses his bestselling book, The American Boomerang: How the World’s Greatest Turnaround Nation Will Do It Again and his belief that Trump will be America’s next great president for four and possibly even 8 years.

Key Takeaways:

[1:18] Get yourself to a low or no income tax state.

[2:02] Jason’s 9-day travel adventure including the Venture Alliance Mastermind and Freedom Fastlane.  

[6:50] Trump is the first US real estate president.

[8:22] The deflationary effects of technology, Hartman’s Theory of Relativity and the recovery of the US economy.   

[15:24] Investors who already have their debt locked in shouldn’t care if rates up.

[18:22] Meet the Masters is filling up, get your tickets for

Nick Adams Guest Interview:

[20:51] The American Boomerang included what Nick Adams thought needed to happen for an American Renaissance.

[22:41] Nick Adams read The Art of the Deal when he was 11-years-old and he publicly supports Trump.

[26:40] Unlike in Australia, the Tall Poppy Syndrome does not apply in the US.  

[31:12] There are four ways America is considered to be exceptional culturally, militarily, economically and scientifically.

[34:31] People need to be confident for the economy to be roaring.

[35:30] These are the 5 things America needs to do to economically boomerang.  

[39:18] Will the next 4 years under President Trump bring wealth for America?

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Tickets

Venture Alliance Mastermind  

FLAG USA


Today on the Creating Wealth show, Jason returns from the Meet the Masters event and tells his listeners that he still believes that investing within the United States is your best option as oppose to internationally. He also introduces his guest Dr. Ben Carson on the show where they talk about the medical system, debt, big government, and Ben’s latest book entitled One Nation.

Direct download: CW_763_FBF.mp3
Category:general -- posted at: 2:03pm EDT

To start things off, Jason shares his thoughts on what a Trump presidency may look like for real estate investors, how Trumps trade policies will affect the markets and how aligning your interests with the Federal Reserve allows investors to game the system. Today’s guest Dr. Robert Johnson is the President and CEO of the not for profit American College, author of the books, Invest with the Fed: Maximizing Your Portfolio Performance by Following Federal Reserve Policy, Strategic Value Investing and the study What to Expect When You’re Electing. Dr. Johnson shares his insights to long-term market strategies, what political harmony means for the stock market and how asset classes perform in a changing interest rate environment.

Key Takeaways:

[1:15] The intimate setting and the speakers made the Venture Alliance Mastermind a success.

[4:02] Second only to Donald Trump, Real Estate mogul Ken McElroy joined in the discussion.  

[9:41] Meet the Masters of Income Property Event Details and Early Bird pricing information.  

[10:18] We need to game the system by aligning interests with the Federal Reserve.

[12:22] Trump is a wild card whose trade policies will have a massive effect on inflation.

[19:15] Good things will happen to the real estate market under a Trump presidency.

 

Dr. Robert Johnson Guest Interview:

[23:38] The republican party controlling all aspects of the government will mean sweeping reforms.

[27:04] Invest with the Fed analyzed how asset and equity classes perform during different interest rate environments.

[29:52] Stock market growth is higher when democratic presidents are serving or when there is political harmony.   

[32:22] Long-term perspectives show the economy and the stock market move forward together.

[35:10] The best strategy is a long-term market strategy.

[36:49] Equity real estate investment trusts perform very well during rising rate environments.

[38:44] Will the cost of small business financing go up under a Trump administration?

[41:21] Is this time going to be different?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

The American College

 

Direct download: CW_762_Dr_Robert_Johnson.mp3
Category:general -- posted at: 8:26pm EDT

James D. Kuhn, President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm joins Jason to discuss the forthcoming Trump presidency, what the presidency could mean for real estate markets and if it’s likely the US economy will soon see inflation. With no political history, Donald Trump is a wild card who was elected based on his job growth platform. Proper handling of trade policies and initiatives for corporate entities could spur job growth in low and middle class communities.

Key Takeaways:

[2:03] It is possible for Trump to spur the economy, especially in real estate.

[6:12] There will be winners and losers from Trump’s trade policies.

[11:19] James D. Kuhn believes the link between the lower and middle class benefiting from job growth is education.

[14:14] The demand for online college education is growing and it should be made available to everyone.

[16:14] Even before the election real estate investors thought it was hard to find value in the real estate market.

[19:00] The question for the Feds is, “at what point is the economy ready to handle inflation?”

[20:42] Real estate is the last great investment opportunity especially for those who watch their markets.

[23:09] An income property should make financial sense the day you buy it.

Mentioned in This Episode:

Jason Hartman

Newmark Grubb Knight Frank

Direct download: CW_761_James_D._Kuhn.mp3
Category:general -- posted at: 7:20pm EDT

Jason talks with real estate “artist” and 5-time international best-selling author, philanthropist, risk-taker and visionary, Frank McKinney, who sees opportunities and creates markets where none existed before. 

Direct download: CW_760_FBF.mp3
Category:general -- posted at: 6:55pm EDT

Will inflationary pressure follow Trump’s inauguration? It’s very likely as global trade has caused the cost of goods to plummet in America. One million dollars doesn’t go as far as it used to. Jason relays a personal invitation to the owners of Results Property Management, Ken Logan and Quentin Kearny to come on the Creating Wealth show to justify their position in the complaint litigation case Jason has filed against them. Jason acknowledges income property to be the best investment you can make in America but he warns you must keep your eyes open to the opportunists and the corruption that exists under the guise of property management companies such as Results Property Management. He cites Commandment #3, of his 10 Commandments of Real Estate Investing, Thou Shalt Maintain Control.

Key Takeaways:

[1:50] The historic, recent US election may bring inflationary pressure to the economy.

[6:00] What is a protectionist trade policy?  

[6:52] The cost of goods has plummeted since globalization took hold.

[8:09] Is it fair to have open trade borders with countries with low regulatory burdens?

[9:34] Analyzing the Visual Capitalist infographic - Is one million dollars enough to last a lifetime?

[15:09] The chances are high Rich Dad Advisor, Ken Mcelroy will be speaking at this weekend’s Venture Alliance.  

[17:21] A summary of Jason’s current litigation against Results Property Management.

[20:55] Commandment #3 is Thou shalt maintain control.

[25:03] An audio representation of Jason’s “Spot a Property Management Rip-off” video.

Mentioned in This Episode:

Jason Hartman

Jason Hartman Events

Venture Alliance Mastermind

AIPIS Podcast

Visual Capitalist

Direct download: CW_759.mp3
Category:general -- posted at: 7:06pm EDT

Jason has finally moved to a no income tax state where wealth can be accrued at a much faster rate. He now resides in lovely Las Vegas, Nevada which, he says, is much more than the strip. Today’s guest represents a company who provides private equity loans and portfolio lending to business entities in the US as well as foreign nationals. Traditional loan requirements, such as personal credit checks, loan to value ratio considerations and the 10 loan cap do not apply to private equity loans. There are 30-year fixed loans and refinancing options available at agreeable rates.

 

The next annual Meet the Masters Event is scheduled for January in sunny Irvine, California. Early bird pricing is available now.

Key Takeaways:

[2:20] The game-changing concept of the self-driving car.

[3:35] The next Meet the Masters is scheduled for January in sunny Irvine, California.  

[5:55] What does a Donald Trump presidency mean for real estate investors?

[8:21] Jason has moved to the no income tax state of Las Vegas.

[16:08] Non-traditional financing is now available in the real estate market by way of private equity loans.

[17:18] Private equity lending is a common sense underwriting approach to real estate investing.

[18:08] Courtney’s company supplies secondary financing through Wall Street-backed, hedge fund money.  

[20:18] Whitmore’s “Rental 30” is a 30-year fixed, fully amortized business loan currently offering rates between 6.5-8.5%.  

[24:48] Can foreign buyers or IRA buyers utilize these private equity loans?

[27:48] Purchasing two or more properties at one time can save a buyer on origination charges under the portfolio program.

[32:08] What is required to pre-qualify for private equity loans?

[33:08] There is no loan limit per person with private equity loans.

[35:19] Existing properties can be refinanced up to 75% of the  present day value.

Mentioned in This Episode:

Jason Hartman

Meet the Masters - Get your early bird pricing now

Whitmore Capital

Direct download: CW_758.mp3
Category:general -- posted at: 8:06pm EDT

Jason shares an abridged real-world Portfolio Makeover™ and some thoughts on empire building. Investment Counselor and Area Manager, Lynda Mulley, asks a common client question and Jason interviews a prior guest from episode #29, Chartered Financial Analyst and Finance MBA, Daniel Amerman, on winning through inflation and creating wealth with prudent debt. Learn how the “Three Boxers” fight with powerful economic forces and who wins in the ring.

Direct download: CW_757_FBFb.mp3
Category:general -- posted at: 9:43am EDT

Jason’s guest on this podcast is a future Venture Alliance Speaker, Charles Goyette.  Mr. Goyette is the author of Red and Blue and Broke All Over: Restoring America’s Free Economy and the New York Times bestseller, The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil and Other Unconventional Investments. During today’s discussion, his new book, Empire of Lies, the future Trump presidency, Hillary’s love of war and the total worldwide upheaval which came as a surprise to the establishment America are dissected and examined.

Key Takeaways:

[2:18] Charles Goyette will be a speaker at our Venture Alliance Weekend in Phoenix.

[4:08] Do you know about the upcoming Meet the Masters 2017 in January in Irvine, California.

[7:31] Be sure to check out Freecourt.com is an online dispute resolution platform.

 

Charles Goyette Guest Interview:

 

[10:56] Charles is happy to see the worldwide rebellion against the prevailing establishment.

[12:22] Charles new book, Empire of Lies, addresses how people had no idea the recent upheaval was coming.

[17:14] The American Government and the Office of the President have become dictatorial regimes.

[20:40] With Trump you get two sides of everything, he is very impulsive and isn’t familiar with many aspects of the economic system.

[23:34] David Stockton’s book tells of a government staffed with people who were only concerned with self-interests.

[28:20] Hillary never met a war she didn’t like.

[31:38] Three items to keep your eye on with regard to Trump economics.

[39:38] The problem with the concept of free trade in America.

[44:25] Trump knows how to get stuff done.

[48:34] How to stay in contact with Charles Goyette

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Register for Meet the Masters before 11/25/2017 for early bird pricing

Free Court

Charles Goyette

Direct download: CW_756_Charles_Goyette_-_What_Trump_Means_For_Investors__The_World.mp3
Category:general -- posted at: 8:53pm EDT

Jason’s guest James Dale Davidson is the co-founder of Agora Publishing, the Founder of the National Taxpayer’s Union,  co-editor of Strategic Investment for the Sovereign Society and founder of Newsmax. He is the Author of the best selling books Blood in the Streets: Investment Profits in a World Gone Mad, The Sovereign Individual: Mastering the Transition to the Information Age, The Great Reckoning: Protecting Yourself in the Coming Depression and his new release, The Breaking Point: Profit from the Coming Money Cataclysm. Mr. Davidson foretells of an impending, marketplace disaster which will happen in this lifetime. He credits the Obamacare, Chinese ghost cities and fictitious capital. He shares this information because he believes it is important for people to understand what will happen so they can create a new life in a new environment.

Key Takeaways:

James Dale Davidson Guest Interview:

 

[1:50] James Dale Davidson believes the current business model and social contract which supported it is kaput in the Western Civilization.

[6:27] Trump may have been voted in because of the life expectancy of middle-class white voters has dropped.

[9:43] What’s next for the economy under a Trump presidency?

[10:57] The Breaking Point looks at the symbiotic relationship between the drug companies and the food industry.

[14:49] The US needs someone with business savvy to improve the quality of decisions made in politics.

[18:30] Bernie Sanders reminds James Dale Davidson of Karl Marx.

[20:32] When fictitious capital is created it goes to people with collateral. These people can borrow money for almost nothing.

[27:56] Jason asks “Why not just kick the can down the road forever?” Mr. Davidson tells us why it’s not a good idea.

[31:52] The Chinese have used more cement from 2011-2013 on ghost cities than the US spent on cement in the entire 20th century.

[37:57] Most of the copper used by the Chinese came from Chile.

[41:18] The probability of a very severe crack-up, the biggest in history, will be coming in our lifetime.     

Mentioned in This Episode:

Jason Hartman

The Breaking Point: Profit from the Coming Money Cataclysm

Strategic Investment Newsletter

Direct download: CW_755.mp3
Category:general -- posted at: 11:07pm EDT

Harry S. Dent, Jr. is an American financial newsletter writer. His 2009 book, “The Great Depression Ahead”, appeared on the New York Times Bestseller List.

Direct download: CW_754_FBF_mixdown.mp3
Category:general -- posted at: 8:48pm EDT

Guest, Kenneth D. Campbell is the founding partner, managing director and former chairman of Investment Policy Committee and ING Clarion Real Estate Securities, Founder of Realty Stock Review which was the first investment newsletter on real estate investment trusts (REITs), co-author of the best selling and first full length book on REITs, The Real Estate Investment Trust: America’s Newest Billionaires and author of the new book, Watch that Rat Hole and Witness the REIT Revolution. Kenneth has a history of dealing with the financial elite and is considered an expert in this type of investment vehicle. .

Key Takeaways:

[1:49] Depositions and the US Legal System are the closest thing to Hell in the civilized world.

Kenneth D. Campbell Guest Interview:

[5:43] Eisenhower brought Real Estate Trusts to life in 1960 with the intention of receiving pass-through tax treatment on real estate.  

[7:50] Wall Street became infatuated with the Mortgage REITs group.

[11:58] Currently, the stock market is exuberant on the future of the real estate market.

[12:54] Millennials want to live in cities with a broad range of services available to them and they prefer to rent and this is what is driving the apartment market.

[18:23] In the 1980’s, Kenneth D. Campbell hob nobbed with the financial elite including Carl Icahn, Michael Milken, Warren Buffet, etc.

[26:59] The IRS has just tightened the strings of spinning off real estate into REITs.

[29:20] Brexit will slow new construction in London for the next few years and NYC may get a lift in becoming the financial capital of the world.

[32:42] Kenneth believes real estate holds great value for people.

[35:08] How to find out more about Kenneth D. Campbell or sign up for his newsletter.

Mentioned in This Episode:

Jason Hartman

Watch That Rat Hole

Direct download: CW_753.mp3
Category:general -- posted at: 9:29pm EDT

Daren Blomquist is a Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report. This is Daren’s second visit to the Creating Wealth podcast. He joins Jason to discuss the new President-Elect, Donald Trump, what Trump’s future presidency will mean for real estate investors, the economy and the regulatory issue’s which bogg the current market.

Key Takeaways:

[1:43] What does a Trump presidency mean for real estate investors and the US economy?

[5:55] The wage problem is causing affordability issues.

[8:46] In the real estate market lower interest rates create a bubble. .

[11:33] The rising house prices are unsustainable and home ownership rates are at 50-year lows.

[15:43] Wouldn’t it be nice if Trump repealed Dodd-Frank?

[19:11] ATTOM’s Housing News Report article reveals big banks are leaving the mortgage business.

[20:16] October 2016 shows a month-over-month increase in foreclosure activity.  

[24:29] Trump’s promise to invest in the infrastructure in rust belt cities will benefit real estate investors.

[25:36] Creating Wealth listeners get the award winning Housing News Report free for one year if they email marketing@attomdata.com

Mentioned in This Episode:

Jason Hartman

Realty Trac

Marketing List at Realty Trac

ATTOM Data

Direct download: CW_752.mp3
Category:general -- posted at: 7:51pm EDT

Trump supporters like the fact that he is politically incorrect.

Average Americans are speaking up and they want a hard ass in the White House. They are tired of the trouble making, intolerant progressive democrats who know nothing of economics. They may be in search of a man similar to Ronald Reagan, like Donald Trump. Both former president and possibly future president speak in generalities because it is their job to lead, not to be the experts. Trump will use the American military when it is needed to serve the best interests of the American public. Jason’s guest, Jeffrey Lord says Obama’s presidential leadership is considered weak among international leaders and it is putting America in jeopardy.

Direct download: CW_751_FBF.mp3
Category:general -- posted at: 11:06am EDT

Kare Anderson is Jason’s guest on this amazing interview about the dynamics of human communication. Kare is an Emmy award winning journalist who has previously reported for both NBC and the Wall Street Journal. She is a columnist for Forbes, the Huffington Post and her published works have 5-star reviews from verified readers. She founded Annie’s Homegrown and is currently active on 9 political action committees. Her blog posts and TEDx talks draw attention to the power of connective behavior and captivate international audiences.

Key Takeaways:

[1:28] The majority has spoken in favor of Trump. The politics of race, gender and unification have yet to be addressed.

[7:14] Are our RINO’s galloping towards Socialism?

[9:44] Controlling the borders and nullifying trade agreements will increase American wages.

 

Kare Anderson Guest Interview:

[13:18] What is connective behavior and what does it encompass?

[15:35] Simple ways for people to connect include getting specific sooner, showing warmth before competence, sitting sidle and walking.

[18:19] Create a bigger pie when someone is attacking you.

[19:35] If you plan for what you want to do you don’t let anybody else determine your behavior.

[20:13] A connective leader has the most clout.

[22:51] Look for something you like about someone and keep it in mind every time you see that person.

[27:14] How do journalists like Kare Anderson get people to open up and provide a fuller, richer story during an interview?

[30:36] How did the Bruce/Caitlyn Jenner and Diane Sawyer handle their roles during the interview?

[36:30] To have a meaningful and accomplished life means being grounded and truly listening to other people.

Mentioned in This Episode:

Jason Hartman

Hartman Media

Kare Anderson's Say it Better

Direct download: CW_750_Kare_Anderson.mp3
Category:general -- posted at: 12:00pm EDT

Jason and guest Gary Pinkerton breakdown the article, 27 Charts That Will Change How You Think About the American Economy. Each chart represents changes in the US economy related to productivity, demographics or inflation. Highlights of the discussion include the possibility for people to work well past the current social security mandated retirement age, the lopsided amount of service jobs as compared to labor jobs and the real opportunity which exist for real estate investors based on the percentage of Americans with a sizable nest egg.

Key Takeaways:

[2:11] Corrupt people are everywhere in the world but in the US they work legally.

[4:18] Will you help produce Jason’s “Rigged” documentary?

[6:25] Phenomenal opportunities await real estate and income property investors.

[10:26] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings.

[14:57] Join us for the upcoming Venture Alliance Mastermind in Phoenix.

Gary Pinkerton Guest Interview:

[19:15] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[21:32] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[25:42] As the Service Industry grows, it is a clear indicator of progress and a higher standard of living.

[29:34] People have been dropping out of the labor force since the year 2000.

[32:05] The real estate charts show growth in urban areas.

[36:40] Analyzing chart #19, Inflation-adjusted housing prices.

[41:53] Housing prices have grown a lot faster than construction costs.

[46:17] The ways Americans retire are changing.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Venture Alliance

27 Charts That Will Change How You Think About The American Economy.

Paradigm Life - About Gary Pinkerton

Direct download: CW_749_Gary_Pinkerton.mp3
Category:general -- posted at: 9:39pm EDT

Jason explores the benefits of being a direct investor and the problems of group investing or pooling money and going into other people’s deals, businesses, partnerships, LLC’s, REIT’s or TICS. Hear a chat with Jim Cramer of Mad Money and The Street.com.

Direct download: CW_748_FBF.mp3
Category:general -- posted at: 5:40pm EDT

This exciting, politically-charged episode is just in time for the US election! Jason’s guest, Bill Ayers is a retired Professor of Education, a contributor to many prestigious academic journals and an original member of the Weather Underground. Mr. Ayers is the author of several books and his new release, Demand the Impossible! A Radical Manifesto is the topic of today’s conversation. Bill shares the eight major discussion points of his book and elaborates on the action steps he believes the US can take to right itself.

 

This is Bill Ayers’ second time on the Creating Wealth podcast.

Key Takeaways:

[3:14] The upcoming election offer American citizens two terrible candidates from a failing two-party system.

Bill Ayers Guest Interview:

[8:03] Bill Ayers’ new book is a call to Americans to release their imaginations and consider the impossible.

[10:22] The eight issues addressed in Bill Ayers’ Demand the Impossible! A Radical Manifesto.

[11:37]  The money scheme which is privatized prisons. 20% of the prisoners in the world live in the land of the free.

[13:21] What does public safety look like for free people in a democratic society?

[15:40] Bill Ayers is not a tax and spend Liberal.

[18:59] The US Education system is in desperate need of reform.

[27:45] Democratic and the Republican parties agree on war and Wall Street, but little else.

[31:25] How to learn more about Bill Ayers.

Mentioned in This Episode:

Jason Hartman

Meet the Masters

Bill Ayers

Demand the Impossible! A Radical Manifesto

Direct download: CW_747_Bill_Ayers.mp3
Category:general -- posted at: 11:39pm EDT

This episode focuses on the opportunities which exist when self-managing an income property. First, Jason reviews a Business Insider article regarding dwindling investment property inventories. And later in the podcast, Jason is joined by Bill, who helps manage Fernandos Atlanta and Texas properties. Bill discusses the steps necessary when self-managing income properties.  He shares how to show a property using software tools, leasing a property to a new tenant and how to have tenants facilitate repairs and maintenance issues.

Key Takeaways:

[3:00] Unpacking the Business Insider Article: Pending Home Sales Jump Despite Painfully Tight Housing Market by Bob Bryan.

[4:08] If you are on the fence about increasing your income property portfolio do it in hybrid markets.  

[7:29] Real estate is a game of staying power.

[18:00] The ways Jason is working to empower his investors and arm with them with exceptional management tools.

[19:26] Bill’s work history makes him uniquely qualified to handle Fernando’s property management requirements.

[22:51] How to use Rently lockboxes when self-managing properties.

[27:14] Making a property rent-ready and contacting contractors through handiman websites.

[28:56] Tenants have a vested interest  when working with contractors to fix or maintain properties.

[31:53] When a property is self-managed tenants to take more responsibility for the property.

[35:42] Property Management Software does most of the back-office work for you.  

[37:12] What is required when leasing a property to a tenant?

Mentioned in This Episode:

Jason Hartman

Venture Alliance

Rently Lockboxes

Appfolio

Direct download: CW_746.mp3
Category:general -- posted at: 12:00pm EDT

Enjoy a FREE sample of Jason Hartman’s Financial Freedom report in audio format.

Direct download: CW_745_FBF.mp3
Category:general -- posted at: 2:34pm EDT

A local market specialist in the Jackson, Mississippi area joins Jason to share details of what makes Jackson a great place to live and to invest. Those looking for blue collar or white collar work are likely to find it in Jackson as employers abound. The well built, low-cost properties have a high RV ratio and the regulatory climate is landlord friendly. Brick on slab construction and agreeable climate make rehabbing lest costly and do-able year round.  

Key Takeaways:

[1:36] There is plenty of work and money goes farther in Jackson, Mississippi.

[4:10] Details of Jackson’s regulatory environment and landlord friendliness.

[5:19] Who are the target tenants of Jackson and who employs them?

[7:43] Typical house prices, cost to rent and what is included in a rehab.

[10:44] Classifying the properties based on cost to buy, building type and school district.

[13:30] After inspections, properties are upgraded and rehabbed with durable materials.

[15:46] A 6-month warranty on rent and upkeep is standard with this local market specialist.

[16:31] Jackson Mississippi has exceptional RV ratios. There are plenty of low-priced homes which collect high rents.

Mentioned in This Episode:

Jason Hartman

Direct download: CW_744.mp3
Category:general -- posted at: 7:46pm EDT

Guest Ed Conard is an economist who worked with Mitt Romney at Bain Capital, he is the New York Times Bestselling Author of Unintended Consequences: Why everything you’ve been told about the economy is wrong and his upcoming book, The Upside of Inequality: How Good Intentions Undermine the Middle Class promises to educate and enlighten. Discussions during this podcast include misnomers about CEO pay, why the technology sector is wildly profitable and how a complex web of regulations may be only benefiting the big players in the market.

Ed Conard Guest Interview:

[3:52] Ed Conard worked at Bain Capital with Mitt Romney during which time they experienced exponential growth.

[5:54] The two types of opportunities people invested with Bain Capital are capital investment and management supervision related opportunities.

[7:31] Bill Bain used a higher risk strategy and took advantage of undervalued investment opportunities.

[9:45] The Upside of Inequality showcases the productivity of the American work force.

[14:42] Is negotiating for a bigger piece of the pie accelerating the US economy?

[17:11] CEO pay may not be as outrageous as the headlines lead us to believe.

[22:00] The tech sector pays less taxes and has minimal regulation as compared to other sectors who are constantly looking for regulatory loopholes to give them a competitive advantage.  

[23:46] The rise of profitability in the tech sector has been extraordinary.

[24:47] The economy is squeezing the profitability out of every most other sectors.  

[27:09] Properly trained talent and a willingness to take risk are the binding constraints to growth in this new economy.

 

Mentioned in This Episode:

Jason Hartman - Now with New Features!

Hartman Education

Edward Conard

@edwardconard on Twitter

Direct download: CW_743_Ed_Conard_.mp3
Category:general -- posted at: 10:55pm EDT

Unlike stocks, bonds, mutual funds or commodities such as precious metals like gold and silver – real estate is a multi-dimensional asset class. The multi-dimensional nature of income property makes it extremely profitable in changing ways based on varying market conditions. This is a wonderful thing because investors can profit even seemingly “bad” markets. For example, when financing becomes expensive (low housing affordability rates) or difficult to qualify for (low capital liquidity) it can create excellent opportunities to increase rents. When mortgage rates are low and qualifying is easy it can spur terrific appreciation. You can win either way so long as you adapt your strategy based on economic realities.

Additionally, a discussion about Macro vs. Micro Markets™ so don’t just run out and buy based on a city – be sure to screen and drill down into the various Micro Markets™ within each city. Since you can’t buy all of them… you may as well buy the best ones!

Last but not least Jason recommends the book “Revolutionary Wealth” by Alvin and Heidi Toffler.

Direct download: CW_742_FBF.mp3
Category:general -- posted at: 10:35am EDT

In this is episode, Jason interviews analyst, author, screenwriter and former Waffle House employee, James Adams. James’ book, Waffle Street: The Confessions & Rehabilitation of a Financier gives us an inside look of what it was like to be working on Wall Street during the housing market crash. His story of leaving the modern version of organized crime and getting a job at the most recognized greasy spoon in the southeastern US has been made into a movie starring Danny Glover. He describes the central banking system with regards to loans and debt, reminds us of the problems associated with creating money out of thin air and warns Japan may be the first big domino to fall when the next crisis occurs.

 

James Adams Guest Interview:

[1:40] From Wall Street to Waffle House was the original title of Waffle Street and based on James Adams life.

[5:17] The movie exaggerates certain situations but the crisis was bigger than anyone ever imagined.

[6:40] A combination of reckless underwriting and the improbability of a US housing market decline led financial institutions to reassure clients until the crash took place.

[9:38] Rent to home price ratios were skewed and people underestimated the domino effects of leverage.

[12:20] The current issue that scares James Adams now is the treasury balance sheets of G8 countries.

[14:38] Central banks are creating electronic liabilities.

[16:25] The banks have been disintermediated. Banks are still part of the loan origination process but they are no longer responsible for the debt.

[22:14] Making money out of thin air works..until it doesn’t.

[22:53] Japan has the worst balance sheets, the worst demographics and the government is running in a massive deficit.

[23:58] Should we all be buying options on Japanese debt?

[26:20] The Waffle Street film is trending well on Netflix and is experiencing good distribution.

[27:25] James Adam’s is now a Senior Research Analyst and has another movie in the works.

 

Mentioned in This Episode:

Jason Hartman

Hartman Media

Waffle Street Movie

@Wafflestmovie on Twitter

 

Direct download: CW_741_James_Adams.mp3
Category:general -- posted at: 12:00pm EDT

In this is 10th episode, Jason veers left of real estate to speak to the long-time friend of Bill Clinton, Dolly Kyle. Dolly’s new book Hillary the Other Woman is based on her decades of  experience being Bill’s personal friend and lover. Dolly describes the Hillary as an aggressive liar, a controlling grandmother type and a crony of all the top players in Washington and the media. Dolly says a Hillary presidency would be dangerous to all Americans and people should inform themselves before voting. She also shares the numerous lawsuits and scandals which should have rocked the Clinton dynasty but instead the media chooses to remain quiet.

 

Key Takeaways:

[1:18] Charging a Tesla electric car makes a person appreciate the invention of electricity.

[5:31] Reviewing the Here’s What Americans Fear the Most - Newser article by Michael Hawthorn.

[10:45] The discourse during this US election equates to “Two wrongs don’t make a right.”

 

Dolly Kyle Guest Interview:

[14:21] Dolly met Billy at a very young age. When he went off to college Billy told her she was a distraction and she should marry someone else.

[17:33] In January of 1974 Billy and Dolly reconnected to start their adult relationship.

[19:21] Bill Clinton was dating Dolly, Hillary and Marla Crider at the same time.

[21:37] Dolly and Billy still communicate when they both are in Arkansas.

[22:32] Bill Fulbright introduced Bill Clinton to the money people who would fund his congressional run.

[26:38] When Dolly met Hillary for the first time she was shocked.

[31:01] Are the stories true about Hillary vilifying Bill’s girlfriends?

[32:33] Dolly believes Bill raped Juanita Broaddrick.  

[39:02] Hillary made an investment in cattle futures and benefited through cronyism.   

[42:14] Hillary Clinton obtained 900 files about people in Washington. It’s known as Filegate.

[46:08] Dolly Kyle’s book includes 11 pages of people the Clinton’s have harmed and an entire chapter on how they manipulate the media.

[51:36] America was not meant to be a country of political dynasties.  

[53:03] Of Dolly Kyle’s 768 book reviews on Amazon, 80% are positive.

[54:18] The story of Danny Williams should be getting more traction in the media.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Dolly Kyle Website

Hillary the Other Woman: A Political Memoir by Dolly Kyle

Direct download: CW_740_Dolly_Kyle.mp3
Category:general -- posted at: 7:22pm EDT

Let’s examine the subject of debt, both good and bad. The prudent use of leverage or borrowed money can accelerate wealth creation and reduce risk. We’ll look at many perspectives including a profile of Donald Trump and his “troubles” in the 90’s.

Direct download: CW_739_FBF.mp3
Category:general -- posted at: 1:50pm EDT

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

 

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

 

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.   

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

 

Dr. David D’Ambrosio Client Case Study:

[17:34] Dr. David D’Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It’s frustrating more people, doctors in particular, aren’t investing in real estate. It’s an absolute no-brainer.  

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

 

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Direct download: CW_738_Dr_David_DAmbrosio_.mp3
Category:general -- posted at: 8:54pm EDT

This episode introduces three Alabama markets, Huntsville, Montgomery & Birmingham. The information provided by a local market specialist in the area analyzes each market’s economic profile, existing and future investment opportunities and property characteristics. These carefully selected markets are providing adequate cash flow properties and sufficient yields in addition to possible appreciation due to the stable local economies.  

 

Key Takeaways:

[1:44] A lack of inventory in Huntsville, Montgomery & Birmingham delayed this episode for months.

[3:07] Happy Belated World Smile Day!

[10:29] An inspiring smile poem.

[12:21] A brand new JasonHartman.com is coming soon to a browser near you.

 

Huntsville, Montgomery & Birmingham Market Profile with Eric:

[15:04] Market are selected based on the amount of existing competition in the area.

[16:23] Recent economic growth in Alabama makes it a suitable market for investors.

[19:38] Huntsville, Alabama facts and trending economic factors.  

[22:02] The local market specialist rehabs houses for stability in addition to cosmetic upgrades.

[25:19] Are warranties available on the Huntsville, Montgomery & Birmingham properties?

[27:02] Birmingham, Alabama facts and trending economic factors.  

[30:59] Montgomery, Alabama facts and trending economic factors.

[32:41] Longer leases are gaining popularity but remember to add rent increases year-over-year.

[35:27] Rental insurance is always recommended.

 

Mentioned in This Episode:

Jason Hartman

Hartman Education

Direct download: CW_737.mp3
Category:general -- posted at: 9:07pm EDT

Many demographic changes are taking place, with the Baby Boomers, a large generation, retiring, and Generation Y, a larger generation than the Baby Boomers, consuming at record levels.  Join Jason Hartman and demographer, Ken Gronbach, as they discuss this upcoming “storm.”

Ken describes Generation Y as an exciting generation, where the United States is the only country with this large of a group at the present time, and that it is very important that businesses recognize and anticipate their markets as Generation Y grows up. Generation X is more of a mystery generation because of its smaller size, which makes it less of a valuable market.  Ken believes that the United States’ best days are ahead as people bail out of the European Union. He also believes that China’s economic future is bleak due to artificial tampering with the population, with demographic numbers showing China in trouble economically within ten years, struggling to feed themselves within 15 years.

Ken shows how the housing market is being held hostage by big bank foreclosures and why this log jam will soon correct and precipitate a restoration of the United States economy. Ken also talks about how manufacturing will return to the United States with a vengeance because the United States is the only industrialized nation with a huge young highly skilled workforce.

Kenneth W. Gronbach is a gifted keynote speaker and a nationally recognized expert and futurist in the field of Demography and Generational Marketing. Ken entertains his audiences with his own special brand of wit, humor and clear communication. He makes the science of shifting demography come alive with real life examples that make it relevant to today’s culture, business climate and economy.  In his book “Age Curve, How to Profit from the Coming Demographic Storm”, published by The American Management Association, Ken takes you through a fascinating common sense understanding of shifting demography and the related opportunities and challenges. The demographic landscape in the United States is made up a series of waves that are about twenty years in duration.

It would follow that business will rise and fall according to the critical mass of customers heading toward it. Ken’s latest book “Decades of Difference, Making it Work” (HRD Press), about the United States workforce, was released in October 2010. Ken also writes for the CNBC Guest Blog.

Ken’s perspective is macro, a view from 30,000 feet, and very big picture. Demographers are able to forecast markets, societal phenomena, and economics with uncanny accuracy because they count people, not money or things. For example crime has been down in the United States for the last twenty years because the number of high risk crime committers (men 15 to 30 years old) has been low and fully employed.

This is because the fertility in the United States dipped sharply between 1965 and 1984 creating a deficit in our population of about nine million people. This shortage of young people in the labor force also drove labor costs up and manufacturing off shore. Ken says the Age Curve will change the way businesses market to consumers and that a sea of entrepreneurial business starts will rule as the economy turns around.

Direct download: CW_736_FBF.mp3
Category:general -- posted at: 11:57am EDT

As Americans spend beyond their means and abstain from adding to their savings accounts, the demand for rental properties is growing at a phenomenal rate. Jason describes how your past and future investments in income properties will pay dividends for many years to come. And in the market profile, the Macon, Georgia market is dissected and explored. This somewhat undiscovered market ranks #2 out of 20 for highest residential rental returns. We learn the average rental home price in the market, the typical rehab costs and which employers are persuading renters to stay in the area.

 

Key Takeaways:

[3:09] Do not skip the Flashback Friday episodes of the Creating Wealth show. They are hand picked for you.

[5:38] Macon, Georgia and other small markets can be good investments due to a limited inventory available.  

[8:02] Americans are not saving money which makes it a phenomenal time to own rental property.

[9:12] This is how inflation and deflation are directly related to the real estate market.   

 

Macon, Georgia Market Profile with Eric:

[17:00] The Macon, Georgia downtown area has been revitalized in recent years and Mercer University is expanding.

[20:22] Employment opportunities in Macon, Georgia are diverse with both blue and white collar jobs.

[22:38] Typical costs for an investor are between $80K - $125K for the home and typical rehabs are $15K-$30K.

[27:03] A property manager in Macon, Georgia charges 10% of the gross rent, but no renewal fee.

[29:37] Macon, Georgia is the second highest market for residential rental returns.

Mentioned in This Episode:

Jason Hartman

Longevity and Biohacking Podcast

Hartman Media

Direct download: CW_735.mp3
Category:general -- posted at: 9:23pm EDT

Jason’s guest, Brian is a client and a longtime Creating Wealth Podcast listener. Brian describes his early days of real estate investing when Sara initially walked him through the buying process. The properties he purchased in Atlanta and Memphis have now matured and Brian is faced with making a decision. Should he refi-til-ya-die or to do a 1031 exchange and get 2 for 1 on his highly appreciated properties. Jason shares his insights on best business practices, how to use an IRA as a tax savings vehicle and recommends some “must read” books on real estate investing.

 

Key Takeaways:

[1:31] The Wells Fargo contract claw back.

[3:26] “Make Six Figures” Bloomberg article tells a scary tale from the content portal.

Case Study with Brian:

[8:27] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast.

[9:49] Brian was pleased with the support he received from Sara and the Local Market Specialists.

[12:44] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties?

[16:25] The 2 for 1 exchange gives the owner all of the equity to reinvest. The refi-til-ya-die option is limited to the cash-out loan to value ratio.

[17:40] A refi may be a simpler option and offers a locked-in lower interest rate.

[20:08] Brian shares his real estate investor stories on his website Rental Mindset.

[21:29] When buying real estate inside of an IRA you get a tax efficient vehicle inside of another tax efficient vehicle.

[22:11] Read Garrett Sutton’s Loopholes of Real Estate.

[23:29] Rationalizing buying a property sight unseen.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Rental Mindset

Direct download: CW_734_Client_Case_Study.mp3
Category:general -- posted at: 10:10pm EDT

There’s a nostalgic feeling to today’s Creating Wealth Show as Jason Hartman provides a live recording from the 2014 Meet the Masters event in Orange County, California. This gives listeners a taste of what they can expect from the January 2015 event in Irvine, California, and also provides a good opportunity to see how far the financial and real estate worlds have come over the past months. Key topics covered include the Case-Shiller index, reassessing Rent-to-Value ratios and the development of bitcoin.

 

Key Takeaways

04.30 – Jason Hartman’s investment strategy doesn’t focus on appreciation – if it happens, it’s a bonus.

07.45 – Bitcoin and its competing alternative cyber currencies really came about because people are starting to doubt the fiat money Central Banking model that we’ve become accustomed to.

10.50 – Despite being the most commonly used index, Jason Hartman would only recommend 6 of the 20 markets proposed by the Case-Shiller index.

14.08 – As humans, we find it inherently difficult to know when to cut losses and just walk away.

15.50 – Niall Ferguson claims that the most powerful part of the financial system is the bond market, and we would all do well to remember that.

20.09 – Real estate is not a very liquid market and so even when prices drop, they don’t drop as quickly as most other asset classes.

26.18 – Rent-to-value ratios change totally if you think about the actual utility cost per month – how much is your renter paying to use your property, and how does that compare with what you think the value is?

31.23 – The forms and uses of money have changed many times throughout history, and now we’re dealing with the technological side of currency, which has led us to bitcoin.

39.50 – Jason Hartman goes through step-by-step considering the relative merits and failings of the dollar, bitcoin, gold and income property.

 

Mentioned in this episode

The Ascent of Money by Niall Ferguson

 

Direct download: CW_733_FBF.mp3
Category:general -- posted at: 10:21am EDT

Jason’s guest, Michael Thomsett has over 35-years as an Accountant and is an investor in the most tax-favored asset class in the U.S., income properties. Mr. Thomsett has written over 90 books. His book, The Landlord’s Financial Toolkit will soon be printed as a second edition and re-named The Real Estate Investor’s Financial Toolkit. During today’s episode, he shares ten principles of real estate evaluations and unpacks each principle, so even those with a limited understanding of income property investing can follow along.  

 

Key Takeaways:

[1:29] Segmenting the real estate market is rarely done properly.

[3:28] Make it a goal to live in a no income tax state as a wealth creation strategy.

[6:44] Information on the next Meet the Masters, Hartman Education Special Bundles and available properties.

Michael Thomsett Guest Interview:

[11:46] The 9/10 Principles of Real Estate Evaluation.

[12:54] Defining the Principles of Progression and Regression.  

[14:09] The Principle of Conformity is keeping the features of a property in line with others in the area.

[15:11] The Principle of Substitution relates to the condition of the property.

[15:45] The Principle of Change applies to the economy, demographics, employment, and other “fact of life” incidents.

[16:46] The Evaluation Principle of anticipation is when expectations about future events affect the market value.

[20:24] The Contribution Principle - If the improvement is worth more than the cost to make it.

[21:46] Plottage or Growth Management should be consistent use of the surrounding lands.

[24:26] Highest and Best Use - Real Estate evaluations are best when land is utilized in the best possible way.

[26:13] The Competition Principle states an opportunity for a profitable investment leads to competition.  

[31:47] All the necessary tools for landlords are included in the second edition of Michael Thomsett’s book.  

Mentioned in This Episode:

Jason Hartman

Hartman Education

Thomsett Publishing

Direct download: CW_732__Michael_Thomsett.mp3
Category:general -- posted at: 9:06pm EDT

Drew, a long-time real estate investor, joins Jason for the introduction portion of today’s podcast to discuss the pitfalls of trying to time the market, bulletproofing your properties and the downside of over-diversification. This episode finishes with a recording of the self-management expert panel of Jason, Fernando and Oliver answering investor’s questions during the most recent Software and Buying Event. If you have questions about moving from a property management service to self-managing your own properties this Q&A session is a must listen. Income property investors get answers to their real-life concerns about self-managing properties.

 

Key Takeaways:

[3:05] Drew sells commercial printer cartridges on amazon (shameless self-promotion) and invests in real estate.

[6:02] Was it a wise choice to buy a property in San Jose, California in 1986?

[9:57] Real estate can be a forced savings program for people who lack financial discipline.

[12:20] Be sure to have enough money to bulletproof your properties when you first purchase them.

[16:32] Don’t be a speculator, be a cash flow investor.

[22:54] Be careful not to over-diversify your real estate portfolio.  

Self-Management Panel Q&A:

[24:49] Is it difficult to find tenants when self-managing properties?

[27:35] Make sure to take good photos of your properties.

[28:16] What are the best communication tools to use with tenants?

[31:20] How to facilitate move out inspections, handle legal infringements and qualifying for the real estate professional material participation time.

[39:00] These are the questions to ask property managers when vetting them.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Ink Safari

Cozy

Voxer

Direct download: CW_731_.mp3
Category:general -- posted at: 6:00pm EDT

Today’s episode of the Creating Wealth Show deals with issues other than business and finance, but guest Lori Ann LaRocco of CNBC joins Jason Hartman to discuss her latest book, Opportunity Knocking: Lessons from Business Leaders. She talks about the pyramid notion of achieving leadership success both in your personal and business life and how important it is to know yourself before you can even hope to expand your potential for success.

 

Key Takeaways

01.53 – Stocks of the physical merchandise of the Meet the Masters and Creating Wealth Home Study Courses are still available but running low:www.JasonHartman.com/Products

03.24 – Successful leaders in any field all seem to follow a series of seven strategies, starting with something as simple as knowing yourself.

06.46 – Find others who inspire you and then form and follow your own aspirations.

10.33 – Take your idea and stick with it. Even if it’s not always popular, stick with what you know to be right.

16.54 – True passion is much more attractive to an employer or investor because it’s a great motivator.

19.55 – Some levels of the pyramid take longer to achieve, but it’s the culminated effort which brings success.

27.03 – Self-belief is really one of the most important elements here.

28.05 – To find out more information about Lori Ann LaRocco, head to her blog at www.LoriAnnLaRocco.wordpress.com

30.06 – In Lori Ann LaRocco’s earlier book, Thriving in the New Economy, she created the mini biographies of various CEOs to show their reactions and their mistakes in the lead-up to and aftermath of the financial crisis.

33.55 – The way that these bubbles work is that when you’re in it, you just can’t see it. Even with hindsight, we don’t seem able to learn.

 

Mentioned in this episode

Opportunity Knocking: Lessons from Business Leaders by Lori Ann LaRocco

Thriving in the New Economy by Lori Ann LaRocco

Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek

Direct download: CW_730_FBF.mp3
Category:general -- posted at: 1:05pm EDT

Jason, Fernando and Oliver make up today’s expert panel. They are discussing self-management options for your income properties. The experts agree, a great property management company is worth their weight in gold but it is also important to be educated about your self-management options. The panel shares information about companies who use technology to save you time and money through automating tedious tasks, best practices to improve home interiors without spending a fortune and what types of tenants are the best types of tenants to have.

 

Key Takeaways:

[3:40] Jason and Fernando discuss the flooring options available at an income property expo in Mesa, Arizona.

[9:19] Kwikset Kevo bluetooth locks make it easier for self-management of income properties.

[16:57] Jason recommends adding a little color to the interior walls of your income properties.

Self-Management Panel:

[20:33] Is self-management easier than having a property manager?

[23:27] The road to self-management and maintaining a good relationship with your tenants.  

[28:00] The flat rate fee system makes self-managing properties easier.

[32:47] Property managers are reluctant to take legitimate fees out of a tenant’s security deposit.

[37:06] Ask your property managers to lower their costs if you are realizing the value.

[40:11] Using Cozy makes rent collection and viewing tenant profiles easy.

[44:35] Disintermediation is getting rid of the middle man.  

[49:10] Rently allows tenants to do their own showings with only a credit card.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

Venture Alliance Mastermind

Hartman Education

Cozy

Rently

Direct download: CW_729.mp3
Category:general -- posted at: 1:07pm EDT

Jason’s guest today, Dave, is a member of a real estate investor Mastermind group. During the last meeting, there was a consensus that two major problems exist with the rehabilitation of properties. Dave shares the two issues and some of the solutions discussed during the Mastermind meeting and feedback from his experience over the last year. Jason recognizes the property supply chain is currently going through a boom cycle. The disparagement between the property supply and demand makes it challenging for local market specialists, real estate investors and for tenants.

Key Takeaways:

[1:20] Real estate investors are seeing spikes in remodeling costs and having difficulty finding good project leaders.

[6:44] The challenges of the local market specialists, the real estate investors and tenants are due to a boom cycle.

[13:10] In the last year, a General Contractor has seen a 30% increase in materials.

[17:34] Increased material costs and missed time frames both reduce profit for real estate investors.

[21:20] Solutions to the problems include automating the process and having an efficient project manager.

[27:23] Real estate investor demand has far exceeded the supply of good inventory.

[28:04] Rehabbing properties has become entirely different than in the past. Current available properties are in worse condition.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Direct download: CW_728.mp3
Category:general -- posted at: 10:43pm EDT

Catherine McBreen is the President of Millionaire Corner and the author of “Get Rich, Stay Rich, Pass it On: The Wealth-Accumulation Secrets of America’s Richest Families”.

The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks have had on this run-up. She recently released a service called “Find an Advisor,” and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors. McBreen finally talks about the effect money has on happiness and marriage relations.

 

Visit Millionaire Corner at www.millionairecorner.com.

Direct download: CW_727_FBF.mp3
Category:general -- posted at: 7:23pm EDT

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions.  

Key Takeaways:

[1:21] Financial institutions and central banks are the most powerful entities the human race has ever known and we should align our interests with them.

[6:50] Using the leverage of your 20% down on a property increases your power by 500%.

[8:35] The Newser Wells Fargo article: Details about the 185 million dollar fine.

[14:38] The Creating Wealth seminar is now part of the package available at Hartman Education.  

 

Jeff Nabers Guest Interview:

[16:35] The Solo 401k was based on the Pension Protection Act of 2006.

[18:39] The 3 main advantages of a Solo 401k.

[25:32] There are two qualifications which differentiate a Solo 401k from a traditional Roth IRA.  

[30:32] The Solo 401k allows you to invest $18,500 of your self-employment income.

[32:06] The IRS puts real estate investors in two categories one is a business and the other is a dealer.

[34:36] The rules of an IRA are much stricter than the rules of a Solo 401k.

[40:00] The most powerful thing an investor can do is to diversify.

[42:02] Health care costs and college tuition are impacted the most by inflation.

[42:34] The present value of money versus the future value of money and the lost opportunity costs of paying taxes on an IRA now.  

[46:54] It’s impossible to know how the government will tax retirement plans in the future.  

[51:26] Jeff Nabers’ company set up the only complete Solo 401k and designed an online tool.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Solo 401K - Free Demo for Creating Wealth Subscribers

Direct download: CW_726_Jeff_Nabers.mp3
Category:general -- posted at: 1:00pm EDT

Today’s episode focuses on our amazing digital future. Jason’s guest Professor Mark Skilton is a Professor of Practice and Information Systems at Warwick Business School. He is the  author of Building the Digital Enterprise: The Guide to Constructing Monetization Models Using Digital Technologies and other books and papers relating to digital ecosystems and architectures. He shares his expert opinion on the positive side of automation and digitization in future business models and how the real focus will be on expanding the customer experience through additional opportunities for engagement.  

Key Takeaways:

[1:13] Managing our language helps us to ‘relax” after dual live events.

[8:05] Self-management and managing property managers resources from the Phoenix event.

 

Professor Mark Skilton Guest Interview:

[10:13] A broad shift in automation and changing productivity will affect the entire dynamic of a marketplace.  

[15:54] The key difference is living in digitization is creating more value in an existing space.

[20:54] Augmenting and customizing the space is the real opportunity of digitization and artificial intelligence.

[23:31] Prof. Mark Skilton on how to see the future of automation in a positive light.

[26:28] Understanding the role of future technologies in the business model of the future.

[29:08] How to contact Prof. Mark Skilton and/or Warwick Business School.

[34:05] It’s all about reimagining the customer journey lifecycle.   

Mentioned in This Episode:

Jason Hartman

Denis Waitley Creating Wealth Episode

Mark Skilton

Building the Digital Enterprise

Warwick Business School

Direct download: CW_725_Prof_Mark_Skilton.mp3
Category:general -- posted at: 9:00am EDT

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman talks about America’s growing role in this changing society, and makes particular note of the ever-increasing contributions of Generation Y.

Later, he invites Consuelo Mack of WealthTrack on to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.

 

Takeaways

04.35 – It’s looking more likely that technology will save the world, and that America will be the developer of that technology.

07.50 – If you’ve registered to attend the Creating Wealth Seminar, Today’s Economy Boot Camp and/or the Birmingham Property Tour, be sure to make your flight reservations as early as possible.

10.20 – If the New World Order really is the Old World Order, it means huge implications for America.

14.27 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world.

17.55 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole.

22.17 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us?

26.20 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference.

31.00 – Alternative investments are looking like an interesting option, but we still need to clarify all the details.

32.19 – For archived interviews and more information, head to www.WealthTrack.com

 

Direct download: CW_724_FBF.mp3
Category:general -- posted at: 4:48pm EDT

Jason kicks off this episode with information about a major polluter in neighborhoods across the US and requests listener help in fighting the problem. And, today’s guest is a local market specialist in the Quad Cities area. The Quad Cities are located on the border of Illinois and Iowa, the midwest location affords a steady cash flow with a nominal initial cost for income property investors. The job market in the area is steady due to a major agricultural equipment supplier and a Federal arsenal supplying blue-collar incomes to thousands of families and the competitive climate of the private local banks allow investors to possess extensive property portfolios.

Key Takeaways:

[3:06] Be an activist listener and take a stand in your neighborhood by stopping the leaf blowers!

[8:09] The Quad Cities reside on the border of Iowa and Illinois.  

[9:35] Steady cash flow and a rigorous tenant screening program are a plus for investors.

[14:01] Mobility and financial immaturity are probable reasons for long term renting.

[16:47] A major agricultural equipment company and a federal arsenal are significant employers in the Quad Cities.

[23:20] An average property available in the Quad Cities and typical rehabilitation details.  

[26:49] This market specialist team manages the property in-house.

[32:09] The competitive local private banking climate in the Quad Cities is beneficial to investors with substantial portfolios.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Direct download: CW_723_Quad_Cities.mp3
Category:general -- posted at: 9:37pm EDT

Today’s guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin’.  

Key Takeaways:

Harry Dent Guest Interview:

[5:07] Something for nothing is an unattainable goal. You can’t just print free money!

[6:10] Why doesn’t the US have significant inflation with the exorbitant amount of money creation?

[7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP!

[11:02] Banks create debt and then get free money. It will be painful, but necessary to deleverage the debt.  

[16:15] The everyday house is the best investment option when the bubble bursts.

[19:01] The uber rich will get slaughtered during the next debt bubble crisis.

[20:51] The wealthy Chinese will be are laundering money and buying US real estate.

[22:57] 240 million rural migrants are trapped in Chinese cities with no hope for the future.

[27:22] Fracking will be the next debt default in the US.

[28:45] Deflation is a sign a financial bubble is bursting.

[31:30] We are living in a Keynesian economy. We are addicted to financial drugs and we can’t kick the habit.

[33:12] Interest rates are going up for bonds and mortgage rate will come down.

Mentioned in This Episode:

Jason Hartman

Harry Dent

The Demographic Cliff

Direct download: CW_722_Harry_Dent.mp3
Category:general -- posted at: 9:30pm EDT

Joel Skousen is a survivalist author and retreat consultant. He’s the author of, “Strategic Relocation–North American Guide to Safe Places.” Skousen discusses how our world becoming less stable because of a coming shortage in commodities.

He then gives the best and easiest places to relocate to and how people can relocate if they have work or family ties. Last March, Joel walked away with just slight injuries from the crash of his Glasair kit plane. He shares that experience.

Key Takeaways:

(4:36) Introducing Joel Skousen
(7:17) On the derivatives markets
(12:32) The mechanism of hyperinflation
(21:02) Predictions for the economic future
(37:49) On the fake collapse of the Soviet Union
(42:49) Closing comments

Links

Find out more about Joel Skousen at www.joelskousen.com.
Also visit: www.worldaffairsbrief.com

 

Direct download: CW_721_FBF.mp3
Category:general -- posted at: 4:27pm EDT

During the introduction Jason breaks down the components of inflation, stagnation and deflation. He refers to a Business Insider article to demonstrate how the devaluing of the dollar is bad news for US global trading partners.

 

Human Behavior coach, Beverly Flaxington is Jason’s guest expert. She introduces her SHIFT Model from her best-selling Make Your Shift: The Five Most Powerful Moves You Can Make to Get Where YOU Want to Go and defines each of the five key step in the process. Beverly is the co-founder at The Collaborative, a practice management and business consulting firm, which helps corporate clients to add value to their business and to increase productivity in their employees.   

 

Key Takeaways:

[2:00] Delayed gratification is a key to success in life and in real estate investing.

[4:56] A Business Insider article tackles inflation, 7 Things You Could Buy For $1 in 1950.  

 

Beverly Flaxington Guest Interview:

[16:01] Beverly’s professional journey of bridging the gap between her financial career and her interest in human behavior.

[17:44] People get overwhelmed by the amount of information out there so Beverly chunked it down to 5 steps in her SHIFT Model.  

[20:02] S: Specify the desired outcome.

[24:16] H: Highlight the obstacles and categorize them.

[25:40] I: Identify the human factor

[27:34] F: Find the Alternative

[28:44] T: Take the disciplined action

[31:04] Beverly shares an executive tip to prioritize a to-do list.

[32:17] Humans have a misperception that communication comes naturally.

[33:15] Contact information for Beverly Flaxington

Mentioned in This Episode:

Jason Hartman

Register for the Software and Buying Event

The Collaborative

Direct download: CW_720_Beverly_Flaxington.mp3
Category:general -- posted at: 1:54pm EDT

In the first half of today’s episode Jason debunks Peter Schiff’s theory on China’s Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today’s guest, David Merrill of Nationwide Eviction Services shares the benefits of his company’s software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company’s comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property’s zip code.

Key Takeaways:

[1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service.

[4:51] Debunking Peter Schiff's The Great Decoupling Theory.

[9:34] A few points about the Business Insider article which addresses China’s middle class.

[18:00] Global trade is good but the current US complex trade agreements are not good.  

[20:16] The 3 basic economic scenarios are inflation, deflation and stagnation.

 

David Merrill Guest Interview:

[23:34] A software solution to the age old problem of eviction.

[26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country?

[28:59] An eviction is a two-part process, if you plan on recovering your funds.

[31:43] Which states have landlord friendly or landlord unfriendly markets?

[35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets.

[37:25] People should standardize all of their collection efforts on all of their properties.

[39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process  

[44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code.

[48:12] Contact information for David Merrill and his closing thoughts.  

 

Mentioned in This Episode:

Jason Hartman

Hartman Education

Venture Alliance Mastermind  

Nationwide Eviction

Direct download: CW_719_David_Merril.mp3
Category:general -- posted at: 9:02pm EDT

The sharers, or those who participate in the sharing economy, are many. They are a huge untapped segment of opportunity for real estate investors. Jason summarizes Mike Willinger’s article, I Am a Sharer. Will the sharers create the next big real estate bubble Harry Dent cautions us about? And, taxes are the single largest expense in a person’s life. If you are a real estate income property investor or considering becoming one this episode is for you. Jason plays a comprehensive audio clip from Garrett Sutton’s book, Loopholes of Real Estate. Jason details and defines the important terms and identifies the caveats so you can be the most informed investor you can be.

Key Takeaways:

[1:47] Jason relays Mike Willinger’s article about sharers.

[9:08] Will there be a resurgence of suburbs? The autonomous vehicle may make them popular once again.

[11:08] Harry Dent is predicting a real estate bubble. The questions is which markets will be affected?

[13:30] The US has a rigged corporate media system.

[15:54] Who is your favorite tax preparer? Are they Enrolled Agents?

[18:26] Beginning of the audio clip from Garrett Sutton’s Loopholes of Real Estate.

[24:13] To qualify for the real estate professional tax incentive you must spend more time your real estate business than in any other business.

[31:12] Property Tracker software makes it easy for real estate professionals to track their time.

[33:40] The Property Fixer app can assist the professional property flipper.

[35:38] Upcoming events include the Venture Alliance in Seattle and the Software and Buying event in Phoenix.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Venture Alliance Mastermind  

Real Estate Tools

Property Tracker Software

Corporate Direct

Suttlaw

Direct download: CW_717.mp3
Category:general -- posted at: 11:28pm EDT

September’s Software and Buying event in Phoenix will revolutionize the way income property is evaluated. From the online Property Tracker Software to the Property Evaluator and Property Fixer apps, all of these useful property tools will be showcased and demonstrated at the new event on September 10th and 11th. In addition to discussing technology, Presenter, Professor and Property Investor, Michelle joins Jason to discuss driverless technology, the new podcast Capitalism.com and the end of privatized prisons in the U.S.  

 

Key Takeaways:

[4:46] Uber will be giving rides in autonomous vehicles in Pittsburgh.  

[7:59] Using Uber or Lyft to transport kids to various activities around town.

[13:26] The 3 primary rules of real estate are location, location, location but driverless technology may change the rules.

[14:22] The Capitalism.com podcast is a passion project to save capitalism for Generation Y.

[15:51] Michelle will be teaching part of the software course at the Phoenix event.

[17:45] The Evaluator app will assist investors with evaluating properties by filling in the gaps of pro formas.

[21:29] Property Tracker online software is designed for managing your portfolio once you have purchased it.

[22:28] The Property Fixer app is for analyzing property flips.

[23:07] During the Software and Buying Event available properties will be evaluated using the new software.

[25:10] Two 5-star iTunes reviews for the Creating Wealth podcast.

[26:56] The Business Insider article about private prisons.  

[31:19] The Venture Alliance Weekend is on Labor Day weekend in Seattle.

 

Mentioned in This Episode:

Jason Hartman

Jason Hartman Events

Property Tracker

Property Evaluator app

Property Fixer   

Direct download: CW_716_.mp3
Category:general -- posted at: 2:03pm EDT

Jason Hartman takes a unique middle ground on the Occupy Wall Street protests since Wall Street doesn’t represent capitalism as the right-wing media would have us believe while the left-wing media who supports big government and big unions doesn’t represent capitalism either. Both sides are promoting a fairy tale.

A recent Facebook post sums it up fairly well: This whole issue really isn’t that simple. I assume that most of the protesters are clueless folks who need haircuts; however, so is the conservative media (that I mostly agree with) in saying that Wall Street represents “capitalism” – nothing could be further from the truth, Wall Street, banks and mega-corporations are mostly ANTI-CAPITALISM in that they are playing a rigged game with lobbyists, government cronyism and insider dealings at every level. They use lawyers, accountants and PR firms to commit their crimes. There is very little capitalism on Wall Street.

If you’re looking for capitalism, look at Main Street, where small business operates under far too much government interference. Jason discusses the powerful “Qualified Written Request” (QWR) letter and how it can be a tool for loan modification, short sale, deed-in-leiu of foreclosure and foreclosure litigation.

You’ll also hear a short article from Jason’s newsletter, The Financial Freedom Report, on that all to upsetting topic of “Too Big to Fail.”

Direct download: CW_715_FBF.mp3
Category:general -- posted at: 7:47pm EDT

Jason and Fernando discuss the exodus by the wealthy, from the social republic of California, to states which have no income tax requirements. Will Scottsdale Arizona be the new landing pad due to its highly-ranked school systems, low cost of living and year-round climate friendliness? If you want to find out more about properties in Scottsdale just use your new Real Estate Tools app. What? You don’t have it yet? Then you should sign up for the upcoming event in Phoenix where the app will be unveiled. This special event on September 10th & 11th includes property presentations from Local Market Specialists and opportunities to buy properties.

 

Key Takeaways:

[1:34] Fernando changed jobs, states and lowered all of his costs.

[5:24] The school system in Arizona boast 6 of the top 20 high schools in the US.

[9:35] Why is Fernando’s cost of living important to him?

[13:26] There is no money in home equity!

[15:07] Kiva microfinancing has a matching donor program. It’s a win-win.

[20:37] Refi-till-ya-die has a flaw. If a property's appreciation has exceeded expectations it’s ok you can still perform a 1031 exchange.

[28:28] Linear markets have growth potential in addition to their rental income.

[30:36] The Property Tracker Software is made for income property investors. 

[32:55] Investors can meet Local Market Specialists at the Buying Event.

 

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Real Estate Tools

Property Evaluator

Kiva: Loans that Save Lives

Direct download: CW_714.mp3
Category:general -- posted at: 3:51pm EDT

Will mobility be the most important aspect of the real estate market of the future? Jason shares an audio clip from Grant Cardone on why he advises investors to buy rental properties for the mobile workforce. Guest Chuck Dixon is a well-known, freelance graphic novel writer who has worked on the Batman series for 11 years for DC, adapted the Hobbit to a comic and adapted the new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich with hopes of disseminating the information to an entirely new audience. Jason and Chuck talk politics, journalism or the lack of it and conspiracy theories. 

 

Key Takeaways:

[3:18] Jet programs give you access to charter flights through executive airports.

[9:00] The Trump hotel in Las Vegas has a very diverse staff.

[12:14] Grant Cardone audio clip on mobility.

[14:35] A trailer for Clinton Cash

[17:16] The Software and Buying Event in Phoenix on Sept. 10th & 11th is filling up quickly and Labor Day weekend is the Venture Alliance Mastermind.

 

Chuck Dixon Guest Interview:

[18:39] Peter Schweizer’s Clinton Cash was adapted into a comic book by Chuck Dixon so the information could reach a wider audience.

[20:21] The Clintons have patterns of behavior which do not bode well for democracy.

[22:46] No one will come forward to rat on the Clintons because they reward loyalty.

[24:47] The Clinton’s relationship with Vladimir Putin allowed Russia to have holdings in uranium mining in the US.

[32:11] Chuck has always wanted to be in comics and spent 11 years doing Batman books for DC Comics.

[36:51] Chuck was required to prove that the characters in his comic book actually represented real things said by the Clintons. 

[40:27] Real journalism in non-existent in the US today.

[45:49] Contact information for Chuck Dixon.

 

Mentioned in This Episode:

Jason Hartman

The Software and Buying Event

Venture Alliance Mastermind

Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich

Chuck Dixon on Facebook

Hartman Media

Direct download: CW_713.mp3
Category:general -- posted at: 8:42pm EDT

Jason Hartman talks with investment counselor, Sara, about investor psychology, overcoming obstacles and getting out of our own way.  The smoke-and-mirrors propaganda perpetuated by mainstream media (lamestream media as Sarah Palin says) in reporting the new high in the Dow Jones Industrial Average (DJIA).  

They almost always fail to distinguish between nominal dollars and real dollars.  Jason illustrates how investors have actually lost money in inflation adjusted dollars and how the Dow has to increase a lot more before investors break even based on the two peaks.  This lie is even worse when one considers how inflation is underreported in the consumer price index (CPI and CPI-U) due to weighting, substitution and hedonics (the hedonic index).  Another misrepresentation is the ‘core rate’ or ‘core inflation’ which strips out food and energy because they’re too volatile.  Jason shares some interesting data from ZeroHedge.com.

Direct download: CW_712_FBF.mp3
Category:general -- posted at: 7:08pm EDT

Clients are making the most out of the great interest rates available and gobbling up all the available properties. Jason and Oliver celebrate some of the clients who are excelling at investing in income properties (the most historically proven asset class) and some who are using their self-directed IRA’s to make the most of their retirement accounts. Jason shares how to manage your property managers and simple, but effective, tips and tricks to make your properties bulletproof from a rental standpoint.

 

Key Takeaways:

[4:08] We are raffling off free tickets to the Phoenix event.

[6:01] Oliver’s clients, Mary Ellen & Guy came to the Florida Property Tour and then bought 9 properties in 9 months.

[12:07] Scott from Birmingham, AL has purchased 8 properties in 1.5 months and Tomas he has purchased 7 homes recently!

[16:21] Margaret contracted a property during the Ohio Property Tour.

[18:08] Nick and Denise used their self-directed IRA to purchase a Chicago property.

[19:05] Michelle will be teaching part of our software event and is closing on some properties.

[20:15] Michael and Michelle have purchased 1 property a month using the great interest rates available.

[21:13] Adam, David and Greg all have contracted for great deals within the last 7 months.

[23:23] Raising rents, make-readies and low vacancy rates.

[29:03] Real estate investors should manage their own properties or manage their property managers. 

[33:32] Bulletproof your properties by painting with a low-sheen or eggshell finish and by putting hard surface floors in your rentals.

 

Mentioned in This Episode:

Jason Hartman

Win Free Tickets to the Phoenix, AZ Software Event

Direct download: CW_711.mp3
Category:general -- posted at: 4:47pm EDT

Bruce Weinstein Ph.D. is the President and CEO of The Ethics Guy. He is a contributor to Bloomberg Businessweek Management blog and Fortune Magazine’s Leadership Channel online. He became enamored with Plato’s Republic, especially Plato’s allegory of the cave which led him down the path of philosophy. Today, Bruce helps people determine which qualities they should develop for their careers, companies to test the character of possible employees and employees to align their goals with their company’s mission statement and core values. He is the author of several books including Ethical Intelligence: 5 Principles for Untangling Your Toughest Problems at Work and Beyond and The Good Ones: 10 Crucial Qualities of High Character Employees

 

Key Takeaways:

Jason’s Editorial:

[3:16] Jason summarizes the concepts of Steven Covey’s character ethic and the personality ethic.

[10:38] A long time ago, your individual code of ethics could give you a long-term, sustainable business today but not today. 

[12:29] Information about the Software event and the Venture Alliance trips in September.

 

Dr. Bruce Weinstein Guest Episode:

[15:57] Bruce was blown away by how dramatic and entertaining philosophy was when reading Plato’s Republic that he decided to make his career in it.

[19:53] Bruce’s opinion about the business world and whether it is it more or less ethical than 20 or 30 years ago?

[24:14] What are the are two approaches to doing ethics in a person’s life?

[29:33] A CEO told 60 minutes last year, businesses hire for competence but fire for character.

[31:33] Bruce’s new book, Ethical Intelligence includes tips for evaluating a person’s character: during an interview.

[37:32] Do large companies value ethics beyond the legal requirements?

[39:50] Successfully multi-tasking at more than one thing at a time is a technology driven myth.

[47:22] Send Bruce Weinstein an email describing what you believe to be the most important quality of an employee is will receive a free audio book.

 

Mentioned in This Episode:

Jason Hartman

Jason Hartman Events

Venture Alliance Mastermind

The Ethics Guy

Ethical Intelligence: Five Principles for Untangling Your Toughest Problems at Work and Beyond

Direct download: CW2071020Bruce20Weinstein20-20Ethics.mp3
Category:general -- posted at: 9:03pm EDT

Joel Skousen is a survivalist author and retreat consultant. He’s the author of, “Strategic Relocation–North American Guide to Safe Places.” Skousen discusses how our world becoming less stable because of a coming shortage in commodities.

He then gives the best and easiest places to relocate to and how people can relocate if they have work or family ties. Last March, Joel walked away with just slight injuries from the crash of his Glasair kit plane. He shares that experience.

Key Takeaways:

(4:36) Introducing Joel Skousen
(7:17) On the derivatives markets
(12:32) The mechanism of hyperinflation
(21:02) Predictions for the economic future
(37:49) On the fake collapse of the Soviet Union
(42:49) Closing comments

Links

Find out more about Joel Skousen at www.joelskousen.com.
Also visit: www.worldaffairsbrief.com

Direct download: CW_709_FBF.mp3
Category:general -- posted at: 1:00pm EDT

Jason tackles a listener question of possible issues of the practice of Refi ‘Til Ya Die and shares information about the upcoming Income Property Software and Buying Event and the next Venture Alliance Mastermind trip. Guest Christian Stadler is a Professor of Strategic Management at the Warwick School of Business, strategy contributor to Forbes magazine and is author of the book Enduring Success: What We Can Learn from the History of Outstanding Corporations. He offers his thoughts and insights about the perception vs. reality of Brexit, immigration and Jason’s second favorite subject, the self-driving car.

It’s an amazing time to be alive.

 

Key Takeaways:

[1:44] How Silicon Valley banks are offering new hires 100% mortgages in just 24 hours.

[4:38] A listener questions the practice of Refi ‘Til Ya Die. 

[11:09] Information on the Income Property Software and Buying Event and the Venture Alliance Mastermind Event

 

Christian Stadler Guest Interview:

[14:08] Economists agree that Brexit is not a good economic idea, here’s why. 

[19:04] It could also be more difficult more difficult to battle terrorism with open borders.

[27:39] Current political positions are considerably right compared to the former government.

[29:08] Immigration is still considered a good thing for the country who accepts the immigrants.

[35:03] Poor immigrants can understand markets and create products that others don’t.

[36:16] Talking points of the possible benefits of the self-driving car. 

[41:31] Contact information for Christian Stadler.

 

Mentioned in This Episode:

Jason Hartman

Jason’s Refi ‘Til Ya Die Refresher Podcast

Jason Hartman Events

Venture Alliance Mastermind

Christian Stadler

Direct download: CW_708_Christian_Stadler.mp3
Category:general -- posted at: 5:19pm EDT

Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell  and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.

Early bird pricing for our new event, Learn How to Use Software to Be a Better Real Estate Investor, is now available through the events section of jasonhartman.com!

 

Key Takeaways:

Jason’s Editorial:

[1:53] One week after Labor Day weekend, in Phoenix, will be our Learn How to Use Software to Be a Better Real Estate Investor event.

 

Dr. Thomas DiLorenzo Guest Interview:

[4:17] What is the problem with Socialism?

[8:20] Breaking down the scheme of demonizing a class and the belief that taxing the rich will save an economy.

[12:50] The truth about Sweden is when they moved towards Socialism there were no new jobs created for 55 years.

[15:04] Examples of how welfare programs harm the poor by creating a vicious cycle of dependency. 

[18:05] How does Socialism cause pollution?

[21:29] Raising the minimum wage was designed to support higher wage union workers.

[26:02] Big corporations have always been behind creating regulations as a way to create monopoly power.

[35:36] Contact information for Dr. DiLorenzo

 

Mentioned in This Episode:

Jason Hartman

The Problem with Socialism

Lew Rockwell

Poverty Inc.

Direct download: CW_707_Dr_Thomas_DiLorenzo.mp3
Category:general -- posted at: 9:52pm EDT

In this show Jason has a very casual, impromptu (and silly at times) discussion with two of his favorite Investment Counselors, Ari and Sara.  You’ll get a debrief on the last Creating Wealth Boot Camp, some investing insights, a “case study” article from The Financial Freedom Report and hear first hand from one of recent our clients who is creating high ROI in this market.

The next show will feature Jason’s interview with New York Times #1 bestselling author and speaker, Harvey MacKay, as they review his latest book Use Your Head To Get Your Foot In The Door: Job Search Secrets No One Else Will Tell You and some of Harvey’s older works like How To Swim With The Sharks Without Being Eaten Alive.

Direct download: CW_706_FBF.mp3
Category:general -- posted at: 9:09pm EDT

Live events offer investors an opportunity to meet other investors who are successful using the long-term buy and hold strategy, to hear about real life examples of the acquisition process and to learn the tips and tricks which can make an investor’s life easier. This episode is full of useful information which is framed around real client questions including what were Jason’s biggest mistakes.   

 

Key Takeaways:

[11:00] Why did Jason choose real estate for his career of choice?

[13:19] Buy cash flow properties which make financial sense the day you buy them.

[19:35] Should you keep your property managers on a short leash by adding discretionary measures to your contract?

[26:56] What was the biggest mistake Jason made and how did it affect his life?

[34:02] Live events are a loss leader for us but they are beneficial for clients.

[36:18] Phoenix, Arizona is the site of the new event which includes a Q & A panel discussion and a best practices for acquisition example. 

[41:09] What are the top 3 qualities a real estate investor should possess or develop to be successful with the buy and hold strategy?

 

Mentioned in This Episode:

Jason Hartman

Jason Hartman University

JHart88 on Voxer

Direct download: CW_705.mp3
Category:general -- posted at: 11:47pm EDT

Jason shares information about credit scores you may not be aware of to assist you in actively managing it. Using his own credit history as an example he explains the terms utilization rate, how installment loans and new credit can negatively impact your score. And later in the show, guest David Daley discusses the subject matter of his new book, Ratf__ked: The True Story Behind the Secret Plan to Steal America’s Democracy.  David is the former editor of the liberal site Salon.com and is the current CEO/Publisher of the Connecticut Mirror, a non-partisan publication.

 

Key Takeaways:

[5:45] Vital information about how to manage your credit score.

[19:06] Jason highlights some positive rankings about existing investment markets.

 

David Daley Guest Interview:

[24:22] Since 2010 Republicans have used Gerrymandering (Operation Redmap) has been used as a partisan weapon.

[30:52] In 2012, the democrats have a big year with the reelection of Obama but Janikowski's genius move limits their voting power.

[33:00] A technology tool named Maptitude includes census data from districts allowing those in control to draw precision lines when redistricting.

[37:42] A House of Representatives

[38:03] The Moneyball of politics is evident at the State level.

[41:23] Republicans are counting on running the government from Congress and the House of Representatives.

[45:27] We need to rethink the way we do election through radical electoral reform.

 

Mentioned in This Episode:

Jason Hartman

Ratf__ked: The True Story Behind the Secret Plan to Steal America’s Democracy

@davedaley3 on Twitter

Direct download: CW_704_David20Daley.mp3
Category:general -- posted at: 4:08pm EDT

One of the core concepts that we communicate to our investors is to “Refi Till Ya Die” with your rental property portfolio. While this description may sound a bit snarky, it is a very powerful strategy for multiplying your wealth over the long-term.

The most unique part of this strategy is that it stands in stark contrast to the popular strategy of ‘flipping’ properties by buying and quickly re-selling them for quick profits. The strategy that we recommend is the exact opposite of this. At Platinum Properties, we advocate buying and holding prudent rental properties over a long period of time. This enables investors to build real wealth, instead of constantly churning properties. (And creating taxable gains)

There is another very powerful force behind our strategy of buy and hold investing. That power comes when the rents and value of your property increase over time. Typically, an investment property will start with low cash flow, and will grow in profitability as tenant rents are increased. This increase in revenues carries with it a tremendous tool fo