Creating Wealth Real Estate Investing with Jason Hartman (general)

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