The key is to take action, but the purpose of today’s show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What’s the opportunity cost of timing the market? 

Meet the Masters - 22nd Anniversary

July 10th, Friday evening

July 11th, Saturday

July 12th, Sunday

Key Takeaways:

[2:00] We are investors in commodities, all of this awful destruction that is going on causes upward pressure on these commodities prices.

[7:00] Discussing the opportunity cost of lost money by waiting and trying to time the market. 

[8:00] Diving into the affordability index and the MCAI

[13:20] Mortgage Credit Availability Index MCAI

[14:00] Affordability = mortgage payments vs income

[16:30] Show recommendation, America In Color

[18:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect?

[26:00] At some point, you want to be satisfied. 

[28:15] “Successful people are willing to do things that unsuccessful people are unwilling to do.”

[34:00] Choose your company well.

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Enjoy a FREE sample of Jason Hartman's Financial Freedom report in audio format.

To subscribe, please visit: https://www.jasonhartman.com/events/

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Position or Profit? Position yourself for the rise of suburbia. With several contributing factors for people migrating away from mid-rise and high-rise condos, suburbia looks better and better. Jason Hartman shares real estate investing strategies that have proven effective for decades. However, current events have made these strategies more appealing. Investment Counselor, Doug, shares supporting investment tips based on the book, The Dao of Capital by Mark Spitznagel. 

Books:

The Dao of Capital by Mark Spitznagel

Key Takeaways:

[2:00] The rise of suburbia has contributing factors from multiple angles. 

[8:00] Investment Counselor, Doug

[9:30] Discussing, The Dao of Capital, Investing in a Distorted World, Mark Spitznagel

[11:00] Instead of focusing on profit, focus on your position. 

[15:00] Discussing strategies like searching for weak companies.

[19:00] When you have population migrations it puts upward pressure on both price and rent.

[22:30] The demand for sub 250k homes goes up, as 2.3 million potentially leave mid and high-rise condos. 

[28:00] Dollar-cost averaging, the Spitznagel way. 

[30:00] Timing the market, people often forget to calculate the cash that they lose by waiting. 

[32:00] People buy a house because the payment is affordable, not the price. 

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Horrible unemployment, stock market rally, and a booming housing market. Has the U.S. economy already recovered? Banks are worried, lenders are tightening up, and the overall mortgage process has changed. Aaron Kopelson discusses with Jason Hartman, some of the biggest changes he has seen in the last few months. 

Key Takeaways:

[2:30] The U.S. Economy, has the recovery already occurred? The greatest 50-day stock market rally of the S&P, in all of history.

[4:00] We give the government a monopoly on violence. 

[7:15] Is the economy waking up with a roar?

[10:00] Virtual Meet The Masters: July 10th, 11th, & 12th

Guest Aaron Kopelson

[11:30] One of the mortgage lenders' current biggest fears, and reasons for tightening up, is an early payment default or a first payment default. 

[13:00] What is a jumbo loan, and what defines the limits per market?

[15:00] There’s no appetite from investors that want to buy mortgage-backed securities for these non-QM loans. 

[17:00] Real estate is a credit backed asset. When the financing starts to dry up, so do the prices. 

[20:00] Nobody was paid to put the brakes on and look at where we ended up (2008 recession)? 

[21:20] Fannie Mae & Freddie Mac are allowing for drive-by and desktop appraisals. 

[24:25] Is mortgage insurance allowed on investment properties?

[28:10] V.O.E. Verification of Employment is growing in importance for loan approvals. 

[29:45] What’s an overlay?

Websites:

Kopelson Team

awmloan.com

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason Hartman talks of topics around the world, gaining perspective, and a large congratulations to the U.S. space partnership and recent launch. The importance of perspective can not be stressed enough in helping to make decisions, both personally and for investments. 

Ryan Moran is back on the show today to finish up his discussion on taking your business to seven figures. While we often think of the question, “what is the product,” the focus needs to be, “who is the audience?” As well, Ryan shares his views on real estate investing and the economy, post-pandemic. 

Webinar: Wednesday, June 3rd

bit.ly/protectmetoday

Books:

12 Months to $1 Million by Ryan Moran

Key Takeaways:

[1:26] Do you watch “Billions?”

[2:17] Watch old movies, gain perspective on today.

[3:15] Congrats to SpaceX

[5:45] Questions from the most recent Webinar.

[7:30] Explaining BOOT

[14:00] U.S. food prices see a historic jump and are likely to stay high.

Guest Ryan Moran

[17:00] What goes on outside the Amazon world?

[21:00] Is the magic question, “what’s the product?”

[27:00] You can have two brands for the same product, and market them to two audiences. They can both be wildly successful. 

[37:00] Real estate trends post Coronavirus.

[41:00] Cocooning, from home theatre systems to home gyms.

[45:00] Considering the Federal Reserve the fourth branch of government.

Websites:

Capitalism.com

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

If you don’t have a side hustle, you need one. In the middle of recessions and depression, everything can feel like a big deal. Jason Hartman shares perspective on the tragedies surrounding us with the pandemic and the protests. Add some balance and comfort through tough times building your knowledge on investment properties. 

Ryan Moran, author of, 12 Months to $1 Million, joins Jason today to discuss some of his tactics that led to his success. Sometimes better business isn’t about what you sell, but more-so, how your business is focused. 

Books:

12 Months to $1 Million by Ryan Moran

Key Takeaways:

[1:15] If you don’t have a side hustle, you need one. 

[6:00] At the end of the day, everyone is talking about their agenda. 

[8:00] Much like past recessions and depressions, when you’re in it it seems like a much bigger deal than it is.

[10:30] Mad as hell!

[10:45] The dollar buys a nickel’s worth. 

Guest: Ryan Moran

[20:20] “I’ve discovered that there are a lot of things not worth pursuing, but the pursuit is worth it.”

[26:15] “Minimum wage is an institution, something that you’re trying to force into society…”

[29:00] Moran, how did you get your career started, and what role did the early affiliate marketing role play in where you are today? 

[31:20] Your business is determined not by what you sell, but who you sell to.

[32:50] The game is about building to an audience quickly, and monetizing to that audience. 

[33:00] What Joe Rogan did for Spotify!

[36:10] What’s the extent of e-commerce beyond Amazon?

[37:00] Eventually we will drop the E in e-commerce.

Websites:

Capitalism.com

JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Today’s Flashback Friday episode was originally released: October 20, 2009

As always, our purpose at The Creating Wealth Show is here to provide the cutting-edge information necessary to “create wealth” in today’s economy. 

Many of our listeners are interested in learning more about profiting from various business opportunities, we are now adding this “track” to our list of sought after real estate and financial experts.  Here to help us launch this new track is Dan Sullivan, co-founder of The Strategic Coach®.  As an international organization offering practical thinking tools and support, Dan Sullivan has structured his company to help individuals create the personal and professional future they want.

Dan’s strong belief in the power of the entrepreneur is evident in all areas of Strategic Coach which works to help entrepreneurs reach their full potential in both their business and personal lives. He is author of over 30 publications, including The Great Crossover, The 21st Century Agent, Creative Destruction, and How The Best Get Better®.

Websites:

JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Jason Hartman takes a look at economic recoveries from past U.S. recessions. Beyond understanding the shape of an economic recovery, the details of the growth percentage and the term of growth can help us to understand where we are now. While some economic predictions can be made based on past information, the Coronavirus Pandemic does contribute to breaking pre-pandemic trends. Jason also discusses umbrella insurance policies and some flood insurance myths. 

Webinar: Asset Defense

This Weekend and Wednesday

bit.ly/protectmetoday

Key Takeaways:

[2:30] Answering a listener question from Tony E. Understanding umbrella insurance policies. 

[10:50] Let’s talk about flood insurance and bust some myths. 

[14:00] The U.S. savings rate increased by the highest percentage in 39 years, since the pandemic hit the news. 

[17:00] What’s the ‘shape’ of our recovery? Possibly and O-shaped recovery?

[18:00] Home sales have skyrocketed  

[21:00] Supply-demand shock, from oil, the housing market, to quick deliveries. 

[22:30] Short-term and long-term bond interest rates.

[24:30] After the yield curve recovered, how long until the start of a recession?

[28:30] Looking at home prices in the U.S. in a market-weighted heavily on cyclical market prices. 

Websites: 

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Great news for investors, people are buying homes in the suburbs! Jason Hartman speaks about the importance of exact numbers. And as a prelude to our guest on public speaking, Jason answers some questions from our listeners. We thank you for your questions and always invite more JasonHartman.com/ask

James Rosebush, a former Deputy Assistant to President Reagan, is on the show to discuss his book, Winning Your Audience. He shares tips to sound more like Reagan, the great communicator. 

Key Takeaways:

[6:00] Knowing when your numbers need to be exact, and when they can be rough estimates for purposes of comparison. 

[8:20] Newly pending homes up almost 50%! Does this mean the housing market is already rebounding from Covid-19?

[9:00] JasonHartman.com/quickstart

[12:00] Answering questions for listeners

[20:30] Reagan, the great communicator, loved his audience. This was his secret to success as a speaker. 

[26:20] Speech abilities given to Reagan because of his history as an actor.

[30:00] Some tips to speak a little more like Reagan.

[32:00] Visualize what you want to give brilliance to your speech.

[36:00] The experience of being blessed by the Pope. 

[37:00] 65% of communication is non-verbal.

[41:00] If you speak from your heart, you will win.

[44:00] We need more speakers that are sherpas.

Websites:

ImpactSpeakerCoach.com

Winning Your Audience

JasonHartman.com/Properties

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Virtual Meet the Masters, coming up! Jason Hartman reminds listeners of the benefits of getting dressed when working from the home office. Will higher education’s business model change? Did Hertz get caught lining their pockets before filing bankruptcy? 

George Gammon returns to discuss the allegory of the Hawk & Serpents. What kind of economic cycle are we in right now? How long will it last, and what’s to learn from it? 

Key Takeaways:

[3:20] The importance of getting up and getting dressed when you go to work at the home office.

[9:15] Scott Galloway talking about the imminent disruption of higher education’s business model.

[10:45] What did Hertz do before filing for bankruptcy protection?

[15:50] What is the dragon portfolio? And what is a risk parody portfolio?

[17:00] Allegory of the Hawk & Serpents, and understanding the twenty to thirty-year economic cycles. 

[20:20] Link for the cycles: https://docsend.com/view/taygkbn

[24:30] We don’t have inflation or deflation, we have a combination of both all the time.

[31:45] One would think that when you have a strong dollar, everything else would be cheap in comparison. George says there isn’t really a correlation between the consumer price index compared to what the dollar is doing.

Websites:

Dragon Portfolio: https://docsend.com/view/taygkbn

www.GeorgeGammon.com

JasonHartman.com/Properties

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN