Creating Wealth Real Estate Investing with Jason Hartman (general)

Today's Flash Back Friday comes from Episode 680, originally published in May 2016.

Dr. Alan Zimmerman is an internationally recognized motivational speaker for business. In addition to being a lifelong student, he is the author of The Payoff Principle: The 3 Secrets for Getting What You Want Out of Life and Work and the best-selling Pivot: How One Simple Turn in Attitude Can Lead to Success. His blog tackles subjects such as how to get what you want, how to be a great leader and how to reframe any type of situation into a positive one. He believes everyone should have an attitude of gratitude and chasing happiness is dangerous.

Key Takeaways:

[1:42] Cincinnati, Ohio is the #1 city for new college graduates.

[3:42] Is it possible to buy an entire town?

Dr. Alan Zimmerman Guest Interview:

[13:47] Almost always good attitudes lead to good results and bad attitudes lead to bad results.

[16:22] What is the sales formula Dr. Zimmerman recommends for people to become exceptional?

[22:54] Learning how to ask will you, when you do and what happens if I don’t.

[27:12] Chasing happiness is dangerous and how to have an attitude of gratitude.

[28:51] How to reframe any situation into a positive one.

Websites:

www.JasonHartman.com

www.DrZimmerman.com

Direct download: CW_1710_FBF_Zimmerman.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman starts today's episode explaining more about the importance of history that he touched on in the last episode. Everything seems weightier in the moment, so it's important to look back. The founding fathers, in fact, seemed pretty certain at times that the USA was going to fall apart.

Then, we finish the interview with Emmitt Smith from a recent mastermind Jason attended. This time the Dallas Cowboy legend discusses generosity, his rules for investing, building a brand, and more.

Key Takeaways:

[3:08] A New York man has dodged eviction for 20 years

[10:25] Everything seems heavier at the moment

[11:50] The Founding Fathers Thought America Was Doomed

[15:59] The next live event will be in Orlando, FL, September 10-12, 2021

Emmitt Smith Speech, Part 2:

[17:33] Emmitt's take on generosity

[22:00] Investing in start up companies is understandable but very risky

[24:49] Why Emmitt did Dancing With the Stars

[29:27] What separates each level of investors/athletes/etc?

[31:40] What Emmitt's excited about for the future

Website:

www.JasonHartman.com

Direct download: CW_1709_Smith2.mp3
Category:general -- posted at: 5:39pm EDT

The government is making changes to home owners that could very well be a boon to investors. How does a 40 year loan sound? Well, that may be on the horizon for us!

Jason examines the implications this could have, and then brings the first part of NFL Hall of Famer and Dallas Cowboy legend Emmitt Smith's keynote presentation at his mastermind from two weeks ago. Emmitt explains the world class advice he got from people growing up and how he was able to succeed in a world where so few do.

Key Takeaways:

[2:55] It's vital to remember the past

[9:09] FHFA is providing some people the ability to reduce their interest rates

[12:09] July's Empowered Investor meeting is focusing on asset protection plans and civil forfeitures

[17:11] Home retention is the #1 goal of government organizations right now

Emmitt Smith:

[19:55] Emmitt's involvement in real estate & Jerry Jones' simple, yet profitable, advice

[25:00] One of Emmitt's first mentors was his Pop Warner coach at the young age of 11

[28:40] Proverbs 3:6 was the scripture Emmitt's grandmother pointed him to when he went off on his own

[32:53] Always extend helping hand and leave the lights on for the next one through

[36:40] We're often very resistant to people challenging us, but we need it if they're trying to pull out our best

Website:

www.JasonHartman.com/Properties

Direct download: CW_1708_Smith1.mp3
Category:general -- posted at: 5:28pm EDT

Today's Flash Back Friday comes from Episode 707, originally published in August 2016.

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.

Key Takeaways:

[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 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.

Website:

The Problem with Socialism by Dr. Thomas DiLorenzo

www.LewRockwell.com

www.PovertyInc.org

www.JasonHartman.com

Direct download: CW_1707_FBF_Thomas_DiLorenzo.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman goes more in-depth into one of the principles he discussed in Monday's episode where he talked about why taxes can't be the solution to the monetary situation the United States finds itself in. It's simple math.

Then Jason discusses the "Smartest Man in Silicon Valley" and how he was able to utilize a Roth IRA to incredible results.

Finally we finish Jason's presentation he gave to a mastermind group recently, taking a much deeper look into the Hartman Comparison Index.

Key Takeaways:

[4:4] Why taxes can't solve the government's current problem

[8:20] Hidden taxes abound in our society

[10:33] Giving due to what Peter Thiel has been able to do with his Roth IRA

[15:17] How Thiel leveraged a $2,000 Roth into 5 Billion

Jason Hartman Live:

[22:16] The best way to value properties

[25:03] How to tell if you're in a linear market

[27:58] Reviewing the HCI

[34:20] Mortgage payments today are cheaper

Website:

www.JasonHartman.com/Properties

Direct download: CW_1706_Avengers2.mp3
Category:general -- posted at: 5:15pm EDT

Some reports are expecting real estate appreciation of nearly 15% in the next year. That's a good return on investment, but that doesn't even include leverage. Leverage can make it astronomical.

Then, Jason Hartman plays the first part of his most recent presentation to a mastermind group from this past weekend. In it Jason discusses our current inflation situation, how we might get out of it, and gives a real life example of how Inflation Induced Debt Destruction helped tens of millions of people get deals that were better than they could ever have imagined when they signed their mortgages.

Key Takeaways:

[6:46] Jerry Jones' real estate investing advice to Emmitt Smith

[8:22] Typical time on market has fallen to 6 days, but we experienced the strongest rent growth in over 5 years

[10:56] Leverage makes your return otherworldly

Jason Hartman Presentation Part 1:

[16:24] What will this recent government irresponsibility lead to?

[20:59] Jason's solutions for our current monetary situation

[24:30] To understand inflation you have to distinguish between nominal and real

[29:10] A real life example of the power of income properties

Website:

www.JasonHartman.com/Properties

www.PandemicInvesting.com

Direct download: CW_1705_Jason.mp3
Category:general -- posted at: 4:55pm EDT

Today's Flash Back Friday comes from Episode 353, originally published in December 2013.

John McAfee is in the news, as he is trying to create an NSA-proof gadget used for private internet browsing, called "Decentral." McAfee, original creator of McAfee Antivirus software was born in the United Kingdom and raised in Salem, Virginia, United States. 

McAfee was employed as a programmer by NASA's Institute for Space Studies in New York City from 1968 to 1970. From there he went to Univac as a software designer and later to Xerox. as an operating system architect. In 1978 he joined Computer Sciences Corporation as a software consultant. Later, while employed by Lockheed in the 1980s, McAfee received a copy of the Pakistani Brain computer virus and began developing software to combat viruses.

In 1987 McAfee founded McAfee Associates, a computer anti-virus company. He was the first to distribute anti-virus software using the shareware business model. In 1989, he quit Lockheed and began working full-time at McAfee Associates, which he initially operated from his home in Santa Clara, California.The company was incorporated in Delaware in 1992, and McAfee resigned from the company in 1994. Two years after McAfee Associates went public, McAfee sold his remaining stake in the company.

Network Associates was formed in 1997 as a merger of McAfee Associates and Network General. This company later became Network Associates, a name it retained for seven years until it was renamed McAfee. Now a subsidiary of Intel corporation, McAfee remains today as one of the largest anti-virus companies in the world.

Other business ventures that he founded included Tribal Voice, which developed one of the first instant messaging programs, PowWow. In 2000, John McAfee invested in and joined the board of directors of Zone Labs, makers of firewall software, prior to its acquisition by Check Point Software in 2003.

In August 2009, The New York Times reported that McAfee's personal fortune had declined to $4 million from a peak of $100 million, the effect of the global financial crisis and recession on his investments.

Beginning in February 2010, McAfee started a new venture in the field of bacterial quorum sensing. His company QuorumEx has its headquarters in Belize and is working towards producing commercial all natural antibiotics based on anti-quorum sensing technology. In 2013 McAfee started a new company, Future Tense Central, to produce a secure computer network device called the D-Central.

Website:

www.FutureTenseCentral.com

www.JasonHartman.com/Properties

Direct download: CW_1704_JohnMcAfee.mp3
Category:general -- posted at: 5:00pm EDT

Home prices around the country have been skyrocketing, as everyone knows. That has given everyone equity they could never have expected, and made investors returns they could never have dreamed of.

Then, Jason went on Casey Weade's Retire with Purpose YouTube channel back at the beginning of the pandemic to discuss what's happening in the real estate market and what Jason expected to happen.

Key Takeaways:

[2:03] Home prices have now topped $350k

[7:38] The Hartman Comparison Index is always open for help from listeners

[10:38] Owning assets is what's making the rich richer right now

[14:12] If you had 10% equity in a property a year ago, you have likely made a 231% increase in your wealth in the property

Casey Interview of Jason:

[18:40] Where Jason saw the biggest opportunities in real estate

[21:26] The Rise of Suburbia is upon us

[25:27] Is now the time to buy or are better opportunities coming?

[32:14] Always search for necessity housing in suburban markets

[37:58] How the short-term rental market will change

[42:15] Look for an expansion in Section 8 program

Website:

www.JasonHartman.com/Properties

Retire With Purpose on YouTube

Direct download: CW_1703_Casey.mp3
Category:general -- posted at: 6:46pm EDT

Jason Hartman takes a look at what's going on with inflation today, and it isn't a pretty look. We're seeing inflation numbers that haven't been seen in nearly 30 years. What will happen next?

Then Jason examines why it's so important to keep local political climates in mind when you're buying investment properties, as well as fluctuating commodity prices and how much house flipping has changed since Covid began.

Key Takeaways:

[2:26] Core inflation at highest levels since 1992

[9:18] California is consideringe extending their eviction ban past June

[15:58] US housing market is short 5.5 million homes according to the NAR

[17:46] Lumber prices are moving lower

[19:51] House flipping has hit its lowest level in 21 years

Website:

www.JasonHartman.com

Direct download: CW_1702_Jason.mp3
Category:general -- posted at: 7:00pm EDT

Today's Flash Back Friday comes from Episode 672, originally published in

Nicole Gelinas is the author of After the Fall:Saving Capitalism From Wall Street - and Washington. She is also a contributing editor to the Manhattan Institute’s City Journal and a columnist for the NY Post and a contributing writer to the NY Times. She shares her thoughts on the personal finance strategies of the US working class, how the government is quick to hand out support to the financial industry while ignoring the voting public and why she thinks people are even considering Donald Trump in this year’s election. She acknowledges the vast Wall Street conspiracy that we indeed live in interesting times.

Key Takeaways:

[1:18] A week long property tour of the area which is considered ground zero for the real estate bust, Central Florida.

[5:39] Go to JasonHartman.com and watch the “How to Analyze a Real Estate Investment” to assist you in standardizing your data.

[8:31] The Greater Cincinnati Metro Area Property Tour and a Creating Wealth Boot Camp are coming up soon so secure your place today.

Nicole Gelinas Guest Interview:

[18:01] The voting public is fed up and trying to change the system for the better in their own imperfect way.

[23:49] Washington policymakers seem to think that whatever is good for the financial industry is good for the rest of the country. 

[27:35] Is US real estate market in the middle of a boom then bust cycle?

[32:38] People should have one year’s worth of liquid assets before they invest any money in a savings plan.

[37:51] If you don’t mind taking the risk and doing the work investing in single family homes for rentals can make sense.

[41:10] Contact information for Nicole

Mentioned in This Episode:

www.JasonHartman.com

Property Evaluator

Manhattan Institute’s City Journal

After the Fall: Saving Capitalism from Wall Street and Washington

@nicolegelinas on Twitter

Direct download: CW_1701_FBF_Nicole_Gelinas.mp3
Category:general -- posted at: 5:23pm EDT