Creating Wealth Real Estate Investing with Jason Hartman (general)

James D. Kuhn, President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm joins Jason to discuss the forthcoming Trump presidency, what the presidency could mean for real estate markets and if it’s likely the US economy will soon see inflation. With no political history, Donald Trump is a wild card who was elected based on his job growth platform. Proper handling of trade policies and initiatives for corporate entities could spur job growth in low and middle class communities.

Key Takeaways:

[2:03] It is possible for Trump to spur the economy, especially in real estate.

[6:12] There will be winners and losers from Trump’s trade policies.

[11:19] James D. Kuhn believes the link between the lower and middle class benefiting from job growth is education.

[14:14] The demand for online college education is growing and it should be made available to everyone.

[16:14] Even before the election real estate investors thought it was hard to find value in the real estate market.

[19:00] The question for the Feds is, “at what point is the economy ready to handle inflation?”

[20:42] Real estate is the last great investment opportunity especially for those who watch their markets.

[23:09] An income property should make financial sense the day you buy it.

Mentioned in This Episode:

Jason Hartman

Newmark Grubb Knight Frank

Direct download: CW_761_James_D._Kuhn.mp3
Category:general -- posted at: 7:20pm EDT

Jason talks with real estate “artist” and 5-time international best-selling author, philanthropist, risk-taker and visionary, Frank McKinney, who sees opportunities and creates markets where none existed before. 

Direct download: CW_760_FBF.mp3
Category:general -- posted at: 6:55pm EDT

Will inflationary pressure follow Trump’s inauguration? It’s very likely as global trade has caused the cost of goods to plummet in America. One million dollars doesn’t go as far as it used to. Jason relays a personal invitation to the owners of Results Property Management, Ken Logan and Quentin Kearny to come on the Creating Wealth show to justify their position in the complaint litigation case Jason has filed against them. Jason acknowledges income property to be the best investment you can make in America but he warns you must keep your eyes open to the opportunists and the corruption that exists under the guise of property management companies such as Results Property Management. He cites Commandment #3, of his 10 Commandments of Real Estate Investing, Thou Shalt Maintain Control.

Key Takeaways:

[1:50] The historic, recent US election may bring inflationary pressure to the economy.

[6:00] What is a protectionist trade policy?  

[6:52] The cost of goods has plummeted since globalization took hold.

[8:09] Is it fair to have open trade borders with countries with low regulatory burdens?

[9:34] Analyzing the Visual Capitalist infographic - Is one million dollars enough to last a lifetime?

[15:09] The chances are high Rich Dad Advisor, Ken Mcelroy will be speaking at this weekend’s Venture Alliance.  

[17:21] A summary of Jason’s current litigation against Results Property Management.

[20:55] Commandment #3 is Thou shalt maintain control.

[25:03] An audio representation of Jason’s “Spot a Property Management Rip-off” video.

Mentioned in This Episode:

Jason Hartman

Jason Hartman Events

Venture Alliance Mastermind

AIPIS Podcast

Visual Capitalist

Direct download: CW_759.mp3
Category:general -- posted at: 7:06pm EDT

Jason has finally moved to a no income tax state where wealth can be accrued at a much faster rate. He now resides in lovely Las Vegas, Nevada which, he says, is much more than the strip. Today’s guest represents a company who provides private equity loans and portfolio lending to business entities in the US as well as foreign nationals. Traditional loan requirements, such as personal credit checks, loan to value ratio considerations and the 10 loan cap do not apply to private equity loans. There are 30-year fixed loans and refinancing options available at agreeable rates.

 

The next annual Meet the Masters Event is scheduled for January in sunny Irvine, California. Early bird pricing is available now.

Key Takeaways:

[2:20] The game-changing concept of the self-driving car.

[3:35] The next Meet the Masters is scheduled for January in sunny Irvine, California.  

[5:55] What does a Donald Trump presidency mean for real estate investors?

[8:21] Jason has moved to the no income tax state of Las Vegas.

[16:08] Non-traditional financing is now available in the real estate market by way of private equity loans.

[17:18] Private equity lending is a common sense underwriting approach to real estate investing.

[18:08] Courtney’s company supplies secondary financing through Wall Street-backed, hedge fund money.  

[20:18] Whitmore’s “Rental 30” is a 30-year fixed, fully amortized business loan currently offering rates between 6.5-8.5%.  

[24:48] Can foreign buyers or IRA buyers utilize these private equity loans?

[27:48] Purchasing two or more properties at one time can save a buyer on origination charges under the portfolio program.

[32:08] What is required to pre-qualify for private equity loans?

[33:08] There is no loan limit per person with private equity loans.

[35:19] Existing properties can be refinanced up to 75% of the  present day value.

Mentioned in This Episode:

Jason Hartman

Meet the Masters - Get your early bird pricing now

Whitmore Capital

Direct download: CW_758.mp3
Category:general -- posted at: 8:06pm EDT

Jason shares an abridged real-world Portfolio Makeover™ and some thoughts on empire building. Investment Counselor and Area Manager, Lynda Mulley, asks a common client question and Jason interviews a prior guest from episode #29, Chartered Financial Analyst and Finance MBA, Daniel Amerman, on winning through inflation and creating wealth with prudent debt. Learn how the “Three Boxers” fight with powerful economic forces and who wins in the ring.

Direct download: CW_757_FBFb.mp3
Category:general -- posted at: 9:43am EDT

Jason’s guest on this podcast is a future Venture Alliance Speaker, Charles Goyette.  Mr. Goyette is the author of Red and Blue and Broke All Over: Restoring America’s Free Economy and the New York Times bestseller, The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil and Other Unconventional Investments. During today’s discussion, his new book, Empire of Lies, the future Trump presidency, Hillary’s love of war and the total worldwide upheaval which came as a surprise to the establishment America are dissected and examined.

Key Takeaways:

[2:18] Charles Goyette will be a speaker at our Venture Alliance Weekend in Phoenix.

[4:08] Do you know about the upcoming Meet the Masters 2017 in January in Irvine, California.

[7:31] Be sure to check out Freecourt.com is an online dispute resolution platform.

 

Charles Goyette Guest Interview:

 

[10:56] Charles is happy to see the worldwide rebellion against the prevailing establishment.

[12:22] Charles new book, Empire of Lies, addresses how people had no idea the recent upheaval was coming.

[17:14] The American Government and the Office of the President have become dictatorial regimes.

[20:40] With Trump you get two sides of everything, he is very impulsive and isn’t familiar with many aspects of the economic system.

[23:34] David Stockton’s book tells of a government staffed with people who were only concerned with self-interests.

[28:20] Hillary never met a war she didn’t like.

[31:38] Three items to keep your eye on with regard to Trump economics.

[39:38] The problem with the concept of free trade in America.

[44:25] Trump knows how to get stuff done.

[48:34] How to stay in contact with Charles Goyette

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Register for Meet the Masters before 11/25/2017 for early bird pricing

Free Court

Charles Goyette

Direct download: CW_756_Charles_Goyette_-_What_Trump_Means_For_Investors__The_World.mp3
Category:general -- posted at: 8:53pm EDT

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:

James Dale Davidson Guest Interview:

 

[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:

Jason Hartman

The Breaking Point: Profit from the Coming Money Cataclysm

Strategic Investment Newsletter

Direct download: CW_755.mp3
Category:general -- posted at: 11:07pm EDT

Harry S. Dent, Jr. is an American financial newsletter writer. His 2009 book, “The Great Depression Ahead”, appeared on the New York Times Bestseller List.

Direct download: CW_754_FBF_mixdown.mp3
Category:general -- posted at: 8:48pm EDT

Guest, Kenneth D. Campbell is the founding partner, managing director and former chairman of Investment Policy Committee and ING Clarion Real Estate Securities, Founder of Realty Stock Review which was the first investment newsletter on real estate investment trusts (REITs), co-author of the best selling and first full length book on REITs, The Real Estate Investment Trust: America’s Newest Billionaires and author of the new book, Watch that Rat Hole and Witness the REIT Revolution. Kenneth has a history of dealing with the financial elite and is considered an expert in this type of investment vehicle. .

Key Takeaways:

[1:49] Depositions and the US Legal System are the closest thing to Hell in the civilized world.

Kenneth D. Campbell Guest Interview:

[5:43] Eisenhower brought Real Estate Trusts to life in 1960 with the intention of receiving pass-through tax treatment on real estate.  

[7:50] Wall Street became infatuated with the Mortgage REITs group.

[11:58] Currently, the stock market is exuberant on the future of the real estate market.

[12:54] Millennials want to live in cities with a broad range of services available to them and they prefer to rent and this is what is driving the apartment market.

[18:23] In the 1980’s, Kenneth D. Campbell hob nobbed with the financial elite including Carl Icahn, Michael Milken, Warren Buffet, etc.

[26:59] The IRS has just tightened the strings of spinning off real estate into REITs.

[29:20] Brexit will slow new construction in London for the next few years and NYC may get a lift in becoming the financial capital of the world.

[32:42] Kenneth believes real estate holds great value for people.

[35:08] How to find out more about Kenneth D. Campbell or sign up for his newsletter.

Mentioned in This Episode:

Jason Hartman

Watch That Rat Hole

Direct download: CW_753.mp3
Category:general -- posted at: 9:29pm EDT

Daren Blomquist is a Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report. This is Daren’s second visit to the Creating Wealth podcast. He joins Jason to discuss the new President-Elect, Donald Trump, what Trump’s future presidency will mean for real estate investors, the economy and the regulatory issue’s which bogg the current market.

Key Takeaways:

[1:43] What does a Trump presidency mean for real estate investors and the US economy?

[5:55] The wage problem is causing affordability issues.

[8:46] In the real estate market lower interest rates create a bubble. .

[11:33] The rising house prices are unsustainable and home ownership rates are at 50-year lows.

[15:43] Wouldn’t it be nice if Trump repealed Dodd-Frank?

[19:11] ATTOM’s Housing News Report article reveals big banks are leaving the mortgage business.

[20:16] October 2016 shows a month-over-month increase in foreclosure activity.  

[24:29] Trump’s promise to invest in the infrastructure in rust belt cities will benefit real estate investors.

[25:36] Creating Wealth listeners get the award winning Housing News Report free for one year if they email marketing@attomdata.com

Mentioned in This Episode:

Jason Hartman

Realty Trac

Marketing List at Realty Trac

ATTOM Data

Direct download: CW_752.mp3
Category:general -- posted at: 7:51pm EDT