Creating Wealth Real Estate Investing with Jason Hartman (general)

Jason Hartman reads a listener question about the rental rates decreasing and what to do about it. He also invites Jurgen Neugebohrn to the show and answers some of his personal questions. Jurgen is in the oil industry in Saudi Arabia and is interested in the real estate market. He has some very interesting questions for Jason to answer and picks Jason's brain on investing in real estate. 

 

Key Takeaways:

4:50 – You don't hear about the people who have lost money investing in low rent to value ratio markets. 

7:25 – Jason reads a listener question about rental rates decreasing. 

12:15 – Remember to join our Memphis property tour! 

13:50 – Jason introduces Jurgen, an online listener, to the show. 

19:50 – What's Saudi Arabia like? 

23:30 – According to Jim Norman, the reason why oil prices are so low now is because the US is trying to economically hurt Russia and Venezuela. 

25:00 Jason explains why he disagrees with Harry Dent. 

32:00 – Jason doesn't have a check list on what you should buy because properties vary depending on the investor's needs. 

 

35:35 – Jurgen asks one last question about Fernando's independence day. 

 

Mentioned In This Episode: 

 

The Oil Card by Jim Norman

Direct download: CW_502.mp3
Category:general -- posted at: 3:00pm EDT

If you thought economics was boring, think again. At the heart of wars, land grabs, politics, history, and almost any sort of human interaction lies economics. Remember – economics is about money, and money, depending upon your perspective, either makes the world go ‘round or is the root of all evil.

Either way, Jason Hartman’s interview of master economist, Martin Armstrong, for episode #382 of The Creating Wealth Show makes for scintillating listening. First, some background.

Martin Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed. In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history. In August 2006, Armstrong pleaded guilty to one count of conspiracy to commit fraud, and began a five-year sentence.

Armstrong is the developer of the Economic Confidence Model based on business cycles. He is known for claiming to have predicted the crash of 1987 to the very day. Using his theory that boom-bust cycles occur once every 3,141 days (the number pi multiplied by 1000), Armstrong claimed in 1999 to have predicted the Nikkei’s collapse in 1989 and Russia’s financial collapse in 1998.

During this interview Jason and Martin delve into a number of topics:

Putin’s Plan
Armstrong reminds us that Russian President Putin is a KGB disciple who would love nothing more than to put the Soviet Union back together. Through this prism, it’s not difficult to see the reasons behind his land grab in the Ukraine. He believes that the strength of a nation depends upon how much territory it owns, so look out Poland, etc! It’s also worthwhile to note that the failure of communism in Russia left a void that has been filled by a good, old-fashioned oligarchy.

Inflation vs. Deflation
As all good economists do, Mr. Armstrong has a strong understanding of, and opinions about, the inflation and deflation in an economy. Of course, Jason loves this topic whenever it arise in conversation. The main point Martin makes is that it is not inflation that destroys an economy, but rather deflation. Listen in as he explains exactly how.

Other notes of interest from the interview:

  • Why we’re on a 25-year war cycle and 8.6-year business cycle
  • Why the US ended up in the enviable/unenviable status as the Brinks truck to the world
  • Is the American dollar now a de facto international currency?
  • The US will never enter hyperinflation (400% monthly inflation) – our corrupt bankers won’t let it happen
  • It’s almost impossible for Americans to open a bank account or do business overseas – what is Europe afraid of?
  • The next economic implosion will be in pension funds
  • The real reason behind the recent huge influx of foreigners buying real estate investments in the US
Direct download: CW_501_FBF.mp3
Category:general -- posted at: 6:00am EDT

Welcome to the 500th episode of the Creating Wealth show. Jason is excited to bring on Fernando during the intro portion of the show. Fernando talks about how he first found about Jason's podcast and how it's been an incredible journey since then. Jason invites Guy Kawasaki on to the show to talk about social media and to also share some of his thoughts on the Steve Jobs work model. 

 

Key Takeaways:

1:50 – Thank you for supporting the Creating Wealth show. 

6:15 – Jason gives a highlight of some of the amazing guests he's had on the show. 

21:40 - Paul Zane Pilzer once talked about if you listen to the customer, you'll always be looking in the rear view mirror. 

27:30 – Jason welcomes Guy to the show. 

34:30 – Guy talks about when he uses Periscope's streaming service. 

39:30 – Guy shares his advice on branding. 

44:25 – Is it really the job of an entrepreneur to figure out what the customer wants before they know they want it? 

47:45 – The right thing to do is always keep learning. 

 

49:30 – Our technology right now gives entrepreneurs a lot of free tools to work with. 

Mentioned In This Episode:

Way of the Peaceful Warrior by Dan Millman

VentureAllianceMastermind.com

@GuyKawasaki 

 

GuyKawasaki.com

Direct download: CW_500.mp3
Category:general -- posted at: 9:45pm EDT

In the beginning of the episode, Jason announces that for his 500th Creating Wealth show he will have Guy Kawasaki on as a guest. Please look forward to that episode on Wednesday. On the podcast, Jason answers a couple of listener questions and talks about how Clayton Homes is using deceptive practices and fooling home owners. He also reminds his audience that the Memphis property tour is coming up and that his team has booked a dinner at Graceland where his property tour attendees may get a chance to see Elvis Presley himself! Please visit JasonHartman.com for more information on the property tour. 

 

Key Takeaways:

1:30 – Guy Kawasaki will be the 500th guest. Look forward to listening to it on Wednesday.  

6:00 – Jason plays and answers a listener question. 

16:30 – Jason answers another listener question about how he allocates his investment funds. 

23:50 – You can now have Jason as a silent partner in your real estate deals. 

34:00 – Some deceptive practices have been happening at Clayton Homes. 

40:20 – Remember the hamburger that was created in a lab a couple of years ago? Well, it costs $11 to make today. 

 

45:50 – Don't forget about the Memphis property tour. Go to JasonHartman.com for more info. 

Mentioned In This Episode:

 

http://www.seattletimes.com/business/real-estate/the-mobile-home-trap-how-a-warren-buffett-empire-preys-on-the-poor/

Direct download: CW_499.mp3
Category:general -- posted at: 10:00pm EDT

Harry Dent is Editor of the FREE newsletter “Survive and Prosper.” His most recent book entitled “The Great Depression Ahead” explains “The Perfect Storm” as peak oil prices collide with peaking generational spending trends by 2010. More importantly, he shows how the economy’s life cycle will affect life, business, and investment strategies throughout a person’s lifetime, including career opportunities and children’s educational costs.

Find out more about Harry Dent at www.harrydent.com.

Direct download: CW_498_FBF.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman on the intro portion of the show talks about the sharing economy, his new Venture Alliance mastermind group, and some interesting new material called graphehe. Jason also welcomes second time guest John Rubino to the show to talk about the money bubble and what that all means to our economy. John Rubino is the editor of DollarCollapse.com as well as the co-author of the Money Bubble: What To Do When It Pops. John has a lot to say about what's happening with the global economy and what to do when the money bubble pops on today's episode. 

 

Key Takeaways:

6:10 – Jason talks about the sharing economy. 

10:00 – Check out the  new material called graphene. 

15:30 – Venture Alliance is hosting an event on June 12 and 13. 

19:30 – Jason introduces John Rubino to the show. 

23:00 – People are terrified and are looking for safe heavens to invest their money. 

28:30 – Banks are pushing their interest rates below zero in order to keep their financial system afloat. 

36:50 – Even though we've had tech and housing bubbles in the past, the money bubble is the biggest bubble of them all. 

40:50 – John says people will lose faith in the dollar, but Jason disagrees. 

44:40 – What's happening with Switzerland's currency? 

51:40 – The numbers keep getting worse and the math stopped making sense in 2005. 

 

56:0 – Money manages and retirees really face some tough decisions right now. 

 

Mentioned In This Episode:

I Like Local

Car2Go

http://www.businessinsider.com/housing-recovery-about-renters-2015-3

DollarCollapse.com 

 

The Oil Card by Jim Norman

Direct download: CW_497.mp3
Category:general -- posted at: 9:55pm EDT

Jason Hartman sits down one on one with his audience to talk about a couple of important things in the real estate market. He talks about why creative real estate investing is not beneficial to his clients, he also talks about Merrill Lynch's annual report on retirees, California's drought problem and why it matters to the rest of the US, and much more on today's Creating Wealth show. 

 

Key Takeaways:

1:10 – Can you believe we're almost at our 500 episodes? 

5:00 – Jason shares his story about a creative real estate 'guru' and why creative real estate is not practical for his clients. 

5:05 – Big corporations must have a budget just to pay government fines. 

20:20 – Jason touches on the subject of the water problem in California. 

27:05 – Jason breaks down how much water it takes to grow a single vegetable, nut, and fruit. 

31:30 – Zillow came out with four interesting statistics about the United States real estate market. 

 

39:10 – Remember to sign up to Jason Hartman's Memphis tour at JasonHartman.com

 

Mentioned In This Episode:

The Water Secret by Howard Murad 

Diet for a New America by John Robbins 

Irrational Exuberance Part Two by Robert Shiller

Zillow

 

JasonHartman.com

Direct download: CW_496.mp3
Category:general -- posted at: 9:38pm EDT

Meredith Whitney is the founder of Meredith Whitney Advisory Group and author of, “FATE OF THE STATES: The New Geography of American Prosperity.”

 

Whitney believes “interior” states like North Dakota, Indiana and Texas are doing a lot better than “coastal” states like California, New York and Florida. She thinks the coastal states continue to struggle long after the recession, while the middle of the country will continue to thrive.

 

Keeping these in mind, she discusses the outlook for the following areas:

- Housing prices

- Jobs

- Quality of schools

- Transportation

 

She also shares her advice to help troubled municipal and state governments.

 

Visit the Meredith Whitney Advisory Group at www.meredithwhitneyllc.com.

Direct download: CW_495.mp3
Category:general -- posted at: 9:00am EDT

In the introduction portion of the Creating Wealth show, Jason Hartman answers two voicemail questions left by his listeners. He then introduces Richard Vague as his guest for today's show. Richard Vague is one of the few economists who are currently talking about the problems of massive private debt. He is the author of The Next Economic Disaster and talks to Jason about China's economic problem along with some interesting facts and correlations about the US economy. 

 

Key Takeaways: 

8:00 – Jason talks about the 6 ways the government can get out of its mess. 

11:20 – Jason answers a listener voicemail question. 

18:50 – A listener asks about 3D printing a house. Jason shares his thoughts. 

24:30 – Jason introduces Richard Vague to the show. 

29:15 – Richard talks about China's debt problem. 

35:10 – Private debt growth leads to higher interest rates. 

38:15 – Richard gets his stats by looking at all consumer and business debt. 

42:30 – A lot of economists don't include private debt in their model. 

49:00 – What should we do to avoid the next economic disaster? Richard explains. 

 

51:10 – Quick recap, what are the stages of an economic crisis? 

 

Mentioned In This Episode: 

The Next Economic Disaster by Richard Vague

 

http://debt-economics.org/

Direct download: CW_494.mp3
Category:general -- posted at: 3:09pm EDT

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_493.mp3
Category:general -- posted at: 7:34pm EDT