Creating Wealth Real Estate Investing with Jason Hartman (general)

History works in cycles. While one cycle can't define everything, when enough cycles overlap they can point directly at what's going to happen.

Mark Moss joins Jason Hartman to discuss some recent cycles that are overlapping and pointing to very specific things happening that will change the way society works.

Key Takeaways:

[2:05] Money always goes where it's treated best

[7:08] Mark likes to break cycles into political, societal, economic and technological

[11:18] Are we in a 4th turning and peak globalism?

[15:05] There have been 5 technological revolutions in the last 250 years

[20:02] The Fed and the fiat monetary system is against the natural law

[25:07] Central bank coins will be the perfect surveillance tool

[28:48] Mark does not believe there's intrinsic value in anything

[31:37] What you need to do to prepare for this coming change

[35:54] Seeing asset prices skyrocket doesn't mean it's time to cash out

Website:

www.Twitter.com/1MarkMoss

Mark Moss on YouTube

Direct download: CW_1697_MarkMoss.mp3
Category:general -- posted at: 9:25pm EDT

Tax sales are what Julia Spencer refers to as the "wild west of real estate". Listen in as she tells Jason Hartman why that is. Julia explains why tax sales are so appealing, some of her success stories, things to watch for in the industry, and how you can get involved.

Julia and Jason also dive into the current real estate market. The two look at how Covid has changed the renter dynamics, especially in the short-term rental world.

Key Takeaways:

[4:01] The basics of tax sales

[8:49] One of the draws of the industry is the low cost of entry

[12:52] There's a learning curve with tax deed investing but it can be done in a couple months

[17:26] Julia's thought's on the current real estate market

[19:58] It's gotten a lot easier to find good tenants in this environment

[23:58] Short term rental tenants have changed in the Covid world

Website:

www.EmpoweredInvestor.com

Direct download: CW_1696_JuliaSpencer.mp3
Category:general -- posted at: 5:00pm EDT

Today's Flash Back Friday comes from Episode 512, originally published in May 2015.

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. 

Key Takeaways:

[2:20] Jason shares his impression on the Memphis market. 

[5:00] Sara shares her thoughts.

[6:50] Section 8 tenants do stick around.

[11:50] How much is a class A home? It varies. 

[18:45] You need to have the proper mindset for C properties. 

[20:15] Jason talks about the general pricing of A, B, and C properties. 

[28:15] Try and target a 4% annual rent increase. 

[37:50] Remember, every property is an individual case. 

[43:45] Be careful who you listen to! 

Mentioned In This Episode:

www.JasonHartman.com/Properties

Direct download: CW_1695_FBF_Sara.mp3
Category:general -- posted at: 5:00pm EDT

One of the most important things you can do when analyzing real estate deals is standardizing your data. Jason Hartman takes today's episode to break down the pro formas you'll find listed on his website and explain the concepts behind it.

Key Takeaways:

[2:02] It's crucial to get back to the fundamentals

[5:09] Tomorrow, June 3, 2021, at 5pm Pacific will be a live stream with Jason, Ken McElroy and George Gammon

[9:34] You MUST standardize your data

[15:12] Starting to break down the pro forma

[20:39] High land value areas are riskier

[25:31] Historical appreciation is about 6% across the country

[30:26] Cap rates are flawed when it comes to single family properties

Website:

www.JasonHartman.com/Properties

www.YouTube.com/jasonhartmanrealestate
Live Stream June 3, 2021 @ 8pm with Ken McElroy & George Gammon!

Direct download: CW_1694_ProForma.mp3
Category:general -- posted at: 7:21pm EDT

After touching on a young listener's incredible journey and exploring what's happening in the import/export business with China, Jason Hartman explores Memorial Day.

So many have given their lives because of their belief in our country. There's a good reason for it, and Jason dives into why it's a country worth the sacrifice they've given. From the time of our founding until today, our country has been a force for good. While we mourn those who have passed, we celebrate their lives and honor their sacrifice.

Key Takeaways:

[3:18] This 16 year old has been working up to 3 jobs, getting As, playing 2 sports, and has saved around $20,000!This 16 year old has been working up to 3 jobs, getting A's, playing 2 sports, and has saved around $20,000!

[6:58] Voxer messages with listener Carmen's comments on inflation and trade imbalance

[11:15] What being in forbearance actually did for people

[16:46] Thank you to those who have given their lives for our country

[20:27] A piece from Ronald Reagan's 1982 Christmas address

[25:00] America's charter documents are the only founding documents with the word Happiness in it

Website:

www.JasonHartman.com

Direct download: CW_1693_MemorialDay.mp3
Category:general -- posted at: 6:06pm EDT

Today's Flash Back Friday comes from Episode 755, originally published in November 2016.

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:

[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:

www.JasonHartman.com/Properties

The Breaking Point: Profit from the Coming Money Cataclysm

Strategic Investment Newsletter

Direct download: CW_1692_FBF_Davidson.mp3
Category:general -- posted at: 5:00pm EDT

The current lending requirements are squeezing a lot of potential home buyers out of the picture, causing a new version of shadow demand. And that's not the only thing creating shadow demand. Jason Hartman takes some time and delves into what is causing EXTRA pressure on housing demand and prices that could add even more fuel to the housing market.

Then Jason explores a new Florida law that finally, FINALLY takes aim at the big tech companies that have way too much control in today's society.

Key Takeaways:

[1:02] Millions of home buyers are stuck, and not for the usual reason

[5:03] The current environment is telling you it's time to double down on your investments

[10:50] Uncertain borrow income means risk for lenders and investors

[13:51] Some lenders are requiring 780 FICO scores, squeezing out minorities

[18:11] Some Florida news Jason is VERY excited about

[24:21] Facebook annual revenue is bigger than the GDP of over 150 countries

[44:34] Section 230 gave internet companies too much freedom

Website:

www.JasonHartman.com/Properties

www.JasonHartman.com/Ask

Direct download: CW_1691_Florida.mp3
Category:general -- posted at: 11:24pm EDT

Today's environment is as inflationary as anything we've seen since 1996. The pressures that are being put on prices is astronomical, and it's showing itself more and more every day. Investment property rent is one of the things that we like seeing increase during this time.

Then, for the 10th episode, Jason Hartman talks with Lisa Cron, author of the new book Story or Die, about how we really make decisions, why humans are so impacted by stories, and how to identify the parts of your story that can impact those you're trying to reach.

Key Takeaways:

[4:37] The core CPI has its largest year over year increase since 1996

[8:30] In this environment, do NOT be afraid to raise your rent or replace your tenant

Lisa Cron Interview:

[13:23] We are wired for stories. Stories sway us more than facts

[16:32] We like to think that we make decisions logically and objectively, but it's just not true

[20:47] Our brain's great leap forward came when nature realized if we were going to thrive on this planet we needed to work together

[25:59] How to identify your target group's points of resistance

[30:03] Telling a person a truth they don't already believe will just make them angry. You have to guide them to discover the truth themselves

Website:

www.WiredForStory.com

www.EmpoweredREI.com

www.JasonHartman.com/Properties

Direct download: CW_1690_LisaCron.mp3
Category:general -- posted at: 6:50pm EDT

Today's Flash Back Friday comes from Episode 421, originally published in October 2014.

Investing guru, Bryan Ellis, editor of Bryan Ellis Investing Letter, joins Jason Hartman on today’s Creating Wealth Show to discuss some of the common pit-falls of investing, as well as to give some indication of the potential foreclosure rate. They consider the state of today’s smoke and mirrors economy and its impact on future investing and finances.

Key Takeaways:

04.35 – The economy’s strength situation now seems to be a lot more regional than it was around 2007-2008.

05.30 – RealtyTrac’s announcement about foreclosures shows us that we can’t build a future without finishing what we started in the past.

06.15 – People’s three fundamental needs are the same as they’ve always been: food, clothing and shelter.

13.30 – We need the world to realize that the economy we’re running off is just smoke and mirrors.

17.30 – When the changes start to take place, huge inflation could be a very real possibility.

19.00 – Investment doesn’t have to be in stocks; it can be in real estate, or even just in commodities such as copper, steel, labour etc.

21.30 – Think of a deal from the most conservative standpoint you can, and ask yourself if it makes sense.

23.20 – A lot of people still haven’t realized that intellectual property could be the answer to successful investing.

25.00 – Many companies have a lot of intellectual property that they don’t even classify as such.

26.50 – The entire structure of this intellectual property set-up focuses on the presence of a third party.

29.30 – Ultimately, the fact still remains that the fundamentals are what matter.

Website:

www.BryanEllis.com

www.JasonHartman.com/Properties

Direct download: CW_1689_FBF_BryanEllis.mp3
Category:general -- posted at: 5:00pm EDT

Just because you work for Jason Hartman doesn't mean you're automatically investing in real estate. Today's client case study is Brittney, who you've heard on the show before. This time, however, after 13 years of working for Jason, she's coming on as a client.

Listen to Brittney's story about why she bought, where she bought, and the fantastic news that came before her first tenant even set foot in the house.

Key Takeaways:

[3:40] Brittney closed on her first property recently and had some fantastic news right off the bat

[6:30] The pressure on rents is massive and you need to be upping yours

[10:29] Jason sold one of his properties, only to see the new owner rent it out for $200/month higher

[11:28] Brittney's first thoughts when she entered the real estate world

[15:36] Home owners can borrow $1.5 million and only pay $750,000 in interest over 30 years!

[18:35] As you go through time, continue to renegotiate your real estate deal

Website:

www.JasonHartman.com/Properties

Direct download: CW_1688_Brittney.mp3
Category:general -- posted at: 5:00pm EDT