Creating Wealth Real Estate Investing with Jason Hartman (general)

Jason’s curiosity leads him down the path of celebrity net worth. The numbers he uncovers are not what you might think. And, during the guest interview, David Pogue shares simple life hacks for making money in the sharing economy and how to get free stuff. David is the founder of Yahoo Tech, a technology columnist and correspondent for Scientific American and CBS Sunday News morning. He is the former tech columnist for the New York Times and the host of PBS’s NOVA. David is a four-time Emmy winner, a two-time Webby award winner and author of several books including his new release, Pogue’s Basics: Money.

Key Takeaways:

[4:38] How much are they worth? Looking at the income versus net worth of the rich and famous.  

 

David Pogue Guest Interview:

[16:42] David Pogue describes the Pogue book series.

[18:38] Pogue’s Basics: Money is basically a book of financial life hacks.

[22:40] The psychology of money.

[28:00] The sharing economy is changing lives.

[32:14] The Internet of Things is not winning over the market.

[35:50] The Consumer Electronics Show will feature wearable medical trackers and voice controlled apps.

[39:30] Apple has recently put its best foot forward in voice-controlled tech.

[41:08] David Pogue is busy writing his new books.

Mentioned in This Episode:

Jason Hartman

Creating Wealth #784 - Packaged Commodities

Holistic Survival Show

Celebrity Net Worth

David Pogue

@pogue - David Pogue on Twitter

Yahoo Tech


During today’s episode, Jason shares his appreciation for the ability to self-manage rental properties and the disintermediation of single family home sales. The Chief Product Officer for Key Please, Adam Lorentzen joins Jason to describe the sought after service of landlord free, self-showings of rental properties. The Key Please business model focuses on automating the self-management process for owners as well as making the process as easy as possible for renters.  

Key Takeaways:

[1:34] Self-managing a property from a distance is possible.

[4:16] Wall Street Journal article “Blackstone Wins Fannie’s Backing for Rental Home Debt”.

[7:20] President Trump has a lot of energy and will be good for the American economy.

[11:21] We will soon see the easing of landlord problems.

 

Adam Lorentzen Guest Interview

[16:05] Key Please helps owners automatically self-manage their properties with 3 tools.

[21:33] Adam is surprised by the number of users embracing the Key Please service.

[23:42] Adam describes the process for the renter and the property owner.

[29:10] The simple hardware has a deeper level of security than wifi or cell-based systems.

[31:56] People who view the properties can provide anonymous feedback.

[33:20] This service is for property owners who want flexibility in how they manage their properties.

[36:51] Key Please wants to assist small property owners and renters in the near future.

Mentioned in This Episode:

Jason Hartman

Key Please


Platinum Investment Counselor, Sara, brought a client into Jason’s office today and one of those occasional, casual and impromptu shows was born. If you want to hear it from the client’s mouth to your ears, this show is for you. Learn from a short discussion on global trade, container shipping, Packaged Commodities Investing™ and what a “free lunch” can mean to your income property. Yes, our client David Porter introduces the “free lunch” metric to help evaluate investment property.

On the next show, Jason discusses business success and the law of attraction with One Coach Founder, author and star of global best-seller “The Secret” – John Assaraf. Happy Investing!

Direct download: CW_784_FBF.mp3
Category:general -- posted at: 5:30pm EDT

Jason’s guest, Patrick Donohoe is the CEO of Paradigm Life. Paradigm Life is an insurance-based financial services company. Patrick shares his thoughts on the recent political changes and how the U.S. economy will be affected, he shares his thoughts on the new administration with a high-level worldview and he recalls his recent experience at the Meet the Masters of Income Property event in California.

Key Takeaways:

[3:05] The caliber of people at the Meet the Masters of Income Property event was a high point.

[5:52] Foxconn will bring manufacturing back to the U.S. due to Trump’s business savvy.

[12:28] Patrick doesn’t believe charity to foreign nations is in the best interest of the U.S.

[16:23] It will be fascinating to see how Trump deals with the past, present and future.

[20:49] Trump will inject adrenaline into the U.S. economy.

[23:50] Paradigm Life is an insurance-based financial services company.

[28:18] A stock market rally is a short-lived business cycle.

[30:51] Patrick describes how he makes the right investment and performs due diligence when acquiring properties.

Mentioned in This Episode:

Jason Hartman

Venture Alliance

Paradigm Life


Jason welcomes entrepreneur Michael Quarles to discuss the new Trump administration and the U.S. economy. The first real estate president will have an effect on real estate investors, interest rates, tax brackets and the amount of extra cash we all have in our pockets but to what extent? Michael and Jason speak of the good old days of simple interest rates, small government and inaugural speeches of the past.

 

Key Takeaways:

[1:33] The lesser of two evils took office and his inaugural speech mirrored the famous speeches of the past.

[6:21] The idea that government should be less powerful and people should be more powerful started back with the Magna Carta.

[8:36] Will the Trump administration be good for real estate investors?

[9:56] Higher wages translate into higher real estate prices and stable tenants.

[13:35] A mortgage locks you into a rate for 3 decades!

[15:24] The Meet the Masters Event stressed Jason out a bit.

 

Michael Quarles Guest Interview:

[19:39] Michael believes the tax bracket will go down allowing him to invest more under the Trump administration.

[24:11] Whether it is passive income or ‘wholetaler’, an entrepreneurial mindset is the key to success.

[26:57] Will average consumers have more money in their pockets when interest rates rise and tax rates lower?

[29:47] Rents are climbing higher than a mortgage payment in larger markets.

[31:02] The Yellow Letter Business is exclusively real estate focused.

[35:39] Professional real estate investors aren’t afraid of risk.

[38:01] Michael Quarles is excited about what the future holds.

[42:13] If you think you can, you are right.  

Mentioned in This Episode:

Jason Hartman

Michael Quarles

Direct download: CW_782_Michael_Quarles.mp3
Category:general -- posted at: 12:00pm EDT

Originally aired as CW 781

In this impromptu show Jason interviews his mother, Joyce, on her simple low-tech approach to investing in income properties.

Hear Jason’s mom share her experiences parlaying a low income job and a small $12,000 investment into a $7,000,000 portfolio that generated a net income of well over $200,000 annually (and rather passively) at retirement… not including tax benefits!  You can create wealth and passive income the old fashioned way or accelerate the process with our modern strategies.  Either way, it’s all about passive checks in your mailbox every month.  While the journey of a real estate investor is usually fun and easy, there may be trials and tribulations while buying and managing your portfolio. Like the tortoise and the hare, slow and steady wins the race.

The time will pass anyway, why not put time on your side by holding income properties?  The motto to live by; “Don’t wait to buy real estate, buy real estate then wait!”  Remember – life is a marathon, not a sprint; and if you want a surefire road to success, then don’t lose sight of the big picture.

Direct download: CW_781_FBF.mp3
Category:general -- posted at: 11:24am EDT

This 10th episode features the brilliant Jen Sincero. Jen is the author of the New York Times #1 bestselling book, You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life and the upcoming release, You Are a Badass at Making Money. Jen shares how she was able to change her mindset, her self-talk, her energy and how embracing gratitude led her to financial security. Her message will inspire you to start living your awesome life.   

Key Takeaways:

[2:36] Thank you to the lovely Taylor for recommending Jen Sincero’s book.  

[5:31] The 19th Meet the Masters of Income Property event information.

 

Jen Sincero Guest Interview:

[10:08] The key ideas of Jen’s You are a Badass book.

[11:16] How staying in your comfort zone you aren’t getting anywhere.

[12:47] Jen’s personal and financial transformation.

[15:47] How does someone change their internal dialogue?

[19:10] God is the ‘G’ word.

[21:23] We choose the direction of our lives whether purposely or unpurposely.

[23:46] Jen explains the chapter, Lead with Your Crotch.

[26:42] Jen’s new book deals with the judgments and mindsets we have surrounding money.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Live Event

Jen Sincero

@jensincero on Twitter

The Jen Sincero on Facebook


Even in the face of rising interest rates and the current business cycle, Jason is still bullish when it comes to investment opportunities during the upcoming Trump administration. The future of the investment economy will be discussed during the next Meet the Masters Live Event. Today’s guest Gerald Celente makes his third appearance on the Creating Wealth podcast. Gerald is the Founder of the Trends Research Institute, Publisher of Trends Journal and Editor of Agora Financial’s Breakthrough Technology Alert. The previously pessimistic trends analyst has changed his outlook on America’s economic future by 180 degrees in the direction of positive.

Key Takeaways:

[1:32] Gerald Celente has turned his economic outlook by 180 degrees.

[2:40] Jason is bullish about the investment opportunities during a Trump administration.

[5:08] Rising interest rates and the general business cycle are two things that may be a concern to the economy.

[7:22] Info for the Meet the Masters of Income Property Live Event and Live Stream.

[9:17] Analysing WSJ’s article Trump’s Win Fuels Bets on Inflation, US Today and RT articles.  

 

Gerald Celente Guest Interview:

[16:40] All over the world people vote out what they want out.

[18:21] The current shift is a shift away from big government not towards Socialism.  

[20:23] The Businessman-in-Chief is a bottom line guy.

[21:49] The media world, the political world and the real world.

[26:20] It’s time to take advantage of opportunities and play the “Trump” card.  

[28:46] The U.S. needs to become a self-sustaining economy.

[32:44] The Fed’s will raise interest rates several more times.

[38:00] Will there be war under a Trump administration?

[40:22] Closing thoughts and contact information for Gerald Celente.  

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Live Event

Occupied Peace

Trends Research


Jason Hartman welcomes Ronald Reagan to the show to share a moving Christmas story. Next, some mortgage financial planning illustrated by “A Tale of Two Brothers” by Ric Edelman who has educated his clients for years on the benefits of integrating their mortgage into their overall financial plan.In his book, The New Rules of Money, Ric tells the story of two brothers, each of whom secures a mortgage to buy a $200,000 home.

Each brother earns $70,000 a year and has $40,000 in savings. The first brother, Brother A, believes than half the nation’s banks failed and millions of homeowners, unable to raise the cash they needed to payoff their loans, lost their homes. Out of this the American Mantra was born: Always own your home outright. Never carry a mortgage. The reasoning behind America’s new mantra was really quite simple: if the economy fell to pieces, at least you still had your home and the bank couldn’t take it away from you. Maybe you couldn’t put food on the table or pay your bills, but your home was secure.

Since the Great Depression laws have been introduced that make it illegal for banks to call your loan due. The bank can no longer call you up and say, We’re running a little short on cash and need you to pay off your loan in the next thirty days.Additionally, the Fed is now quick to infuse money into the system if there is a run on the banks, as we saw in 1987 and Y2K. Also, the FDIC was created to insure banks. Still, it’s no wonder the fear of losing their home became instilled in the hearts and minds of the American people, and they quickly grew to fear their mortgage. In the 1950’s and 60’s families would throw mortgage burning parties to celebrate paying off their home. And so, because of this fear of their mortgage, for nearly 75 years most people have overlooked the opportunities their mortgage provides to build financial security.

Direct download: CW_778_FBF.mp3
Category:general -- posted at: 1:17pm EDT

The upcoming 19th Meet the Masters of Income Property live event is upon us. With big name speakers like G. Edward Griffin, Garrett Sutton and Darin Bloomquist, this event is to be worth more than 5x’s the cost of the ticket. Jason’s guest today is an income property investor and one of the very first Venture Alliance Mastermind members. Elisabeth Embry started investing in real estate after realizing a high-paying position is great as long as you have it. She and her husband knew they would need to address their future income. She shares her story and the best elements of Meet the Masters and the Venture Alliance Mastermind.  

Key Takeaways:

[1:34] G. Edward Griffin, Garrett Sutton and Darin Bloomquist will be speaking at the Meet the Masters of Income Property Event.

 

Elisabeth Embry Case Study

[6:27] Elisabeth’s work focuses on large scale program management and business management.

[8:42] The Rich Dad, Poor Dad and The Millionaire Next Door books influenced Elisabeth’s decision to invest in income property.

[11:13] A good property manager is worth their weight in gold.

[15:05] Property Managers and Local Market Specialists can get complacent.

[17:34] This Meet the Masters of Income Property Event will have increased audience participation.

[21:02] Local Market Specialists have so much good information to share during the Meet the Masters.

[21:51] Elisabeth enjoys networking with the like-minded community of real estate investors at the Meet the Masters of Income Property event.

[24:27] The Venture Alliance Mastermind helps leverage the lessons other people have already learned.

[29:41] The quality of the presenters are world caliber business leaders.

[32:10] Elisabeth and her husband are continuing to expand take advantage of Jason’s network.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Tickets