This episode features Jason’s appearance on Elisabeth Embry’s Women’s Investing Network podcast, Jason shares his knowledge about the challenges a country can face based on demographics and immigration, how a normal business cycle and foreign investments can affect commercial real estate in cyclical markets and how the government manipulates and lies about the true inflation rate. 

Key Takeaways:

[07:16] A country's demographic challenges can limit their economic outlook. 

[12:14] Retirement is not good for people. 

[15:03] How a normal business cycle can affect commercial real estate. 

[19:37] Trump may repeal or soften Dodd-Frank, this would loosen regulations. 

[25:16] Foreign Investments distort the value of real estate markets. 

[28:24] Innovations in the banking world and payment systems are changing our financial landscapes. 

[29:55] Two ways the government manipulates and lies about the inflation rate. 

[38:23] Information for the Meet the Master's of Income Property Event in San Diego in January. 

Mentioned in This Episode:

Jason Hartman

Be Your Bank 

Meet the Master’s of Income Property Event

Women’s Investing Network Podcast #27 with Jason Hartman

Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

Key Takeaways:

[02:25] Is the US a giant Ponzi scheme?

[05:31] Understanding the difference between pension benefit plans and contribution plans is essential.

[15:15] The financial service industry preys on retail investors.

[20:49] Harry Markopolos is waiting to capitalize on a market correction.

[27:09] Analyzing the patterns and mistakes of the middle-class investor.

[35:27] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

[37:49] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Wealth Standard

The Wizard of Lies

401K Jail Article

Hartman Education - Contest to win an Amazon Echo

Venture Alliance Mastermind

Originally aired on CW 458.

Jason Hartman shares an important lesson he learned from Richard Nixon and talks a little bit more about the Meet the Masters event and why you must be there. David Porter is the guest for today’s show. He has been on the show before many years ago and he updates the audience about some of the big successes he’s had with Jason’s company. Jason and David also talk about the economy, borrowing money, cool technologies, and more on today’s Creating Wealth show.

Jason welcomes income property investor Andrew Baker back to the show to chat about historical data, the future and all things financial. Capitalism is the economic driver in the US and it affords Americans with freedoms and abundances rarely available in other nations. It has allowed the sharing economy to blossom, cryptocurrencies like Bitcoin to exist and the blockchain algorithm to reinvent financial transactions. But, the government is vying to control the money supply. As history shows us again and again, investors should never bet against the Fed and should invest in the most historically proven asset class, the single family home.

Key Takeaways:

[03:55] The human brain is a cognitive miser.

[07:18] Examples of why good RV ratios are essential when buying income properties.

[16:10] The US truly is a land of abundance and we should appreciate our standard of living.

[20:51] Jason plays a Mark Steyn clip from his book After America.

[25:06] Jason comments on the clips reference to the European lifestyle as compared to a US lifestyle.

[33:01] The 'Thought Police' include companies such as Google, Airbnb, Facebook and big media outlets.

[37:44] The sharing economy is taking all the unused resources and putting them to work.

[43:44] Governments and central banks will never give up control of international money supply. [47:17] Geography is less important than it has ever been in at any other time in human history.

Mentioned in This Episode:

Jason Hartman

Hartman Education - Win an Amazon Echo by sharing your questions and comments

Meet the Masters of Income Property

After America: Get Ready for Armageddon by Mark Steyn

After his recent European travels Jason shares his appreciation for being back in the land of the abundance mindset, the great Brinks truck of the world, the US. Jason reviews a recent article regarding US home sales being at a 20-year low which contradicts guest, Harry Dent’s previous predictions. And in the reclaimed interview from 2016, Harry Dent reveals why cash-flow income property is the only vehicle to invest in to protect your assets in light of the forthcoming economic crash.

Key Takeaways:

[04:38] Jason weighs in on the European mindset of scarcity versus the US mindset of abundance.

[11:24] A USA Today article about home sales contradicts Harry Dent's previous prediction.

Harry Dent Guest Interview:

[19:07] Puerto Rico has attractive tax incentives for those looking to make a move.

[20:21] Harry claims we are in the midst of bubble-mania in real estate and other markets.

[23:02] The boring, linear real estate markets are not bubbling up like the markets along the coasts.

[25:35] Current demographic trends favor the everyday starter home.

[29:33] In Harry's book, The Sale of a Lifetime, he includes a bubble model to help investors survive the next crash.

[32:15] Harry explains his previous prediction on gold prices and his cash-flow real estate prediction for the future.

[41:02] The collapse of the Chinese real estate market will impact all of the cyclical markets they invest in.

[44:28] Harry predicts we will see the greatest financial and debt reset in our lifetime.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Hartman Education - Send your questions and comments to win an Amazon Echo

Property Tracker Affiliate Membership

Meet the Master’s of Income Property Investing

Harry Dent

Dent Research

Demographic Cliff by Harry Dent

The Sale of a Lifetime by Harry Dent

Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side.Jason Hartman’s introduction for today’s Creating Wealth Show focuses around the notion of being an empowered investor. This is the main theme for the 2015 Meet the Masters Event, but is also a vital concept to keep in mind for all of your investment strategies.

This week’s episode was recorded in Helsinki, Finland. Jason studies the economies of all the countries he visits and believes traveling to be an important educational experience. He shares an article which supports his long-held opinion that the rental market in the US is growing by way of demographics and rising home prices. And, Jason concludes the podcast by sharing the travel packing hacks which have made his traveling to 81 different countries as simple as possible.

Key Takeaways:

[03:29] Jason encourages us to become an engaged student of life.

[07:13] The power of having a robust vocabulary.

[13:16] How to sign up for the Property Tracker Affiliate Program.

[15:59] Win an Amazon Echo for submitting your questions and comments.

[18:27] Jason reviews an article about the cost of rising home prices and what it means to rents.

[22:29] Jason has taken on the plight of the middle class.

[29:32] Travel packing hacks.

Mentioned in This Episode:

Jason Hartman

Hartman Education - Amazon Echo Raffle Entry

Property Tracker Affiliate Membership

Meet the Master’s of Income Property Investing

Venture Alliance Mastermind

Jason welcomes Gary back to the show to review current news articles which impact income property investors. Does an excess of tower cranes in an area tell a tale of a future bubble? Can you afford the rent in a large US city and still have a savings account? How does the sharing economy can make life better for consumers? And later in the show, Jason and Gary answer listener questions and Gary describes how to use a life insurance policy to make a down payment on your next income property.  

Key Takeaways:

[02:31] Jason and Gary review an article about how a tower crane can indicate a real estate bubble.

[09:53] The Income Needed to Pay Rent in the Largest U.S. Cities by Derek Miller.

[12:05] Bloomberg's article, What a London Cabbie Taught Me About Uber.

[14:00] The New Human Rights Movement by Peter Joseph doesn't look at the whole picture.

[18:37] Jason and Gary answer Derek’s question about appreciation submitted during the Airpods raffle.

[27:55] Gary explains how to borrow money from your own insurance policy to buy income properties or make necessary repairs.

Mentioned in This Episode:

Jason Hartman

Jason Hartman Properties

Property Tracker

Be Your Bank

Venture Alliance Mastermind

During this week’s episode the name of the lucky listener who won the Apple Airpod raffle is revealed and questions for the new raffle questions are disclosed.Jason shares information for the next Meet the Master’s event in 2018 in sunny San Diego, a bit about the turnkey inventory available and he ends the show with a live recording from a JHU Live event which describes the vetting process for Local Market Specialists.

Key Takeaways:

[02:18] The winner of the Airpod raffle is client Jordan Calloway!

[07:13] Sign up now for early bird pricing for the 2018 Meet the Master’s event in San Diego.

[10:49] James asks about repairing credit after a foreclosure in order to buy investment properties.

[17:33] Analyzing an area to understand what will drive a solid rental market.

[21:45] What goes into vetting Local Market Specialists.  

[26:06] Audience Q & A.

Mentioned in This Episode:

Jason Hartman

Hartman Education/Contest

Meet the Masters Event

Creating Wealth Podcast with Meredith Whitney Interview  #331

In this episode, recorded in beautiful Warsaw Poland, Jason shares an equal amount of current real estate markets stats and his origin story of starting out as a young real estate agent in California. He reminisces about the days when first-time home buyers were a-plenty and basks in the current environment in which they are staying in the rental market. He also introduces a new contest to elicit your questions about real estate investing.

Key Takeaways:

[03:18] Jason is an expert in real estate investing and packing for travel.

[05:17] Jason annotates a CNBC video clip of current real estate market stats.

[13:31] Many first-time buyers are staying in the rental market.

[19:54] The Airpods contest was so successful Jason is launching the Amazon Echo contest on its heels.

[22:51] Mike asks about Jason's favorable and unfavorable deals.

[31:09] Everybody would love to buy real estate with no money down.  

Mentioned in This Episode:

Jason Hartman

Be Your Bank

Venture Alliance Mastermind

Hartman Education/Contest

Pip Group Tax Lien & Deed Investing Scam Ep. #417

Originally aired on CW 434.

Host, Jason Hartman, uses today’s Creating Wealth Show to raise some of the issues featured in recent articles in both Forbes magazine and the Orange County Register. Following that, he gives his own opinions on topic areas such as individual organizations’ changing motives and the true key to successful real estate investment, regardless of where in the world you’re looking to invest.

Jason welcomes Venture Alliance Mastermind member Darlene Root back to the show. Darlene has become a broker for people who want to be a hand’s off or passive income investor. She describes the creative financing option known as the secondary, wrapped mortgage (it’s like a wonton with a high-interest rate). Jason isn’t convinced that this type of complex, lot’s of involved parties mortgage is a match for his valued clients.

Key Takeaways:

[02:39] Darlene describes a Sexy Secure Second Wrap Mortgage.

[12:02] Income property investors are able to offer a wrap mortgage.

[14:31] Why Jason doesn't think second mortgages are sexy or smart.

[18:55] How this option differs from a normal wrap mortgage.

[24:07] The complexities involved with these types of deals make them more trouble than they are worth.

[28:33] Financial friends are friends with benefits plus, you can trust them.  

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Contact Darlene at droot21@comcast.net

n this 10th episode show, Jason goes off topic but not far off topic as he welcomes Melissa Francis of FOX News and FOX Business to the podcast. Jason & Melissa discuss the disempowerment of the American people through handouts, how the Democrats are now the wealthiest people in government and Melissa’s new book, Lessons from the Prairie: The Surprising Secrets to Happiness, Success and Sometimes Just Survival I Learned on America’s Favorite Show.

Jason is wrapping up the Apple Airpod contest this week. If you would still like to send in your question to be included in the drawing visit JasonHartman.com/contest.

Key Takeaways:

[02:35] Lower your tax burden and your cost of living.

[05:30] The Apple Airpod contest will end after this week so submit your questions now.

[07:26] Jesse wants to know what Jason thinks about mobile homes as rentals?

[16:49] Unlike the US, Luxembourg has a National Housing Market.

Melissa Francis Guest Interview:

[21:30] Melissa was an actress until she turned 18 when she went to study Economics at Harvard.

[30:32] Hand-outs disempower the people you are giving them to.

[33:34] Is government the answer or is the government the problem?

Mentioned in This Episode:

Jason Hartman

Apple Airpod Contest

Venture Alliance Mastermind

Deals on Wheels by Lonnie Scruggs

Be Your Bank

The Wealth of Nations by Adam Smith

Melissa Francis Official

@MelissaAFrancis on Twitter

Lessons from the Prairie: The Surprising Secrets to Happiness, Success & (Just Survival) I Learned on America’s Favorite Show

Fox News HQ

Jason Hartman guides you through his process for how to read a property Pro Forma.

Key Takeaways:

(0:50) Jason introduces Episode #405
(4:07) Jason plays a video on how to read a property pro forma
(16:56) Jason discusses the extremely important financial indicators section
(24:57) Find out more at www.jasonhartman.com!

Links:

www.jasonhartman.com

Captain Gary Pinkerton joins Jason to share his story of how investing in income property gave him financial freedom and he describes how he used a life insurance policy to fund his investments. Later in the show, Jason and Gary answer listener questions about self-management, markets and taxes received as part of the Apple Airpod contest. Submit your comments and questions now to be entered in the contest which runs through next week.

Key Takeaways:

[01:59] A few things you probably didn't know about submarines.

[05:09] Gary shares the most important lessons he has learned about income property investing.

[08:50] Leveraging prudent debt and getting credit for the appreciation is a 20% ROI.

[12:47] Gary wanted to go to work and make money on his own terms.

[16:51] Increase the efficiency of your properties by funding them in a different way.

[23:26] Looking at the benefits of using a life insurance policy to fund your investments.

[29:00] Self-managing income properties may give your tenants a better experience so they inhabit your property longer.

[32:23] Juan wants to know how to find the best property management company and how to set up his tax structure.

Mentioned in This Episode:

Jason Hartman

Airpod Contest

Property Tracker

Be Your Bank

Jason and Keri start things off by answering a client’s question submitted as part of the Airpod contest and then warn against working with companies who do not require inspections and only deal in cash. During the guest interview, Jason asks James Ledbetter about his books One Nation Under Gold and The Great Depression: A Diary. James Ledbetter is the Founding Editor of Slate's financial site, Big Money, Editor of Inc. Magazine and a contributor to Reuters and Time.

Key Takeaways:

[03:29] Captain Gary Pinkerton asks how to know if the person you are doing business with has bad intentions.

[06:37] Red flags to watch out for when making cash deals and dealing with new providers.

[14:46] It's common for lower-end properties to sell for cash.

[16:04] Gary shares a kind word about working with Jason.

[18:28] Hawaii could be the location of the next Creating Wealth Seminar.

James Ledbetter Guest Interview:

[20:27] One Nation Under Gold tells of America's obsession with gold.

[22:10] The Bretton Wood system fixed the value of the dollar to gold.

[24:01] Operation 'Goldfinger' was the Johnson administration's attempt at finding more gold.

[29:57] Why do people believe in using gold as a measuring stick?

[34:16] Learning from the past, The Great Depression: A Diary depicts how people made it through the financial disaster.

[36:24] The 500 fastest growing companies will be featured in Inc.'s September issue.

Mentioned in This Episode:

Jason Hartman

Airpod Contest Entry

Venture Alliance Mastermind

One Nation Under Gold

Inc. Magazine

In this particular episode of Creating Wealth, Jason Hartman is his own guest as he remedies an issue from an earlier episode of the show. Available here is a chance to hear his take on the Eight Financial Rules That Apply to Everyone and Their Money, as listed by Business Insider, and a few of his own Commandments. In the second half of the show, Jason finds out about the changing demographics of the United States and questions the consequences on real estate investing, as well as putting some figures and statistics to the eternal question, ‘Can money make you happy?’

On today’s podcast, Jason answers the question “how much money should new investors have for a down payment and in reserve when investing in a property” and he uses a popular joke as a metaphor to explain the relativity of the real estate market. He explains why human psychology always lags the reals estate market, why raising the minimum wage will only end up hurting the poor and he encourages listeners to leave their questions and comments for a chance to win a pair of Apple Airpods.

Key Takeaways:

[04:50] 'Compared to what?' is the question to ask when looking for an opportunity for your money.

[06:57] The concepts of comparison, scarcity and price discovery.

[10:33] Jason makes the article, Marathon Runner Escapes 2 Bears a metaphor about investments.

[16:08] The minimum wage argument doesn't make any sense when you consider inflation.

[21:51] What is the minimum down payment and reserve fund amount for a new investor?

[24:41] A listener question about what to do with his down payment when no are so few properties are available to purchase.

[32:56] Jason's thoughts on a mobile home park as an asset class.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Marathon Runner Escapes 2 Bears by Rob Quinn

In between activities during the Oklahoma City JHU Live event is a great time to record a podcast with new income property investors. David & Gina Nelson share their story of the life-changing decisions that led to investing in real estate with Jason. David & Gina recognized staying in their corporate positions and only investing in the stock market wouldn’t get them where they wanted to be in life.

They convey their appreciation for the transparency and support they have received from the Jason Hartman Investment Counselors and share their advice on how you too can have the diversified financial future you deserve.

Key Takeaways:

[01:40] David & Gina wanted to take control of their lives and build their wealth by investing in income properties.

[06:15] You are never too old or too young to start investing in your future and real estate.

[09:20] The portfolio builder game is a great way to find out what type of investor you are.

[12:03] The Nelson's plan to retire next year and use income property as their wealth vehicle.

[16:59] The value in understanding the linear, hybrid and cyclical markets.

[20:43] David & Gina recommend finding a mentor and listening to podcasts to educate yourself.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Jason talks with Sara about the Meet the Masters weekend event. Next, Jason interviews Ken Wilson.

Ken Wilson is President of the Appraisal Institute. He joins the show to discuss what the Appraisal Institute has done to help appraisers analyze market trends and value. The topic then shifts to real estate, where Wilson explain different market types and how one can analyze market cycles.

Part 2 of Jason’s interview with Richard Duncan includes information about the what Richard believes will happen if the government doesn’t continue to intervene in keeping the global bubble afloat, how the government can get back to the black and why we are at a unique time in economic history.  

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[03:24] Jason shares his opinion of Tesla Motors.

[06:04] The Wall Street Journal Podcast featured an article about the self-driving car revolution.

[09:13] Cars as a Service (CaaS) will drive down the cost of transportation.

[18:38] Future episodes of the Creating Wealth Show will focus on asset inflation, self-liquidating debt and money supply versus credit supply.

[24:04] The explosion in credit since the 2008 recession.

Richard Duncan Guest Interview:

[27:45] Once the US moved from a gold backed monetary system to paper money system the rules changed.

[37:20] Who's benefited most from a globally-based economy?

[40:01] The global bubble is inflated by government policy.

[43:00] The combination of printing money and globalization makes this a unique time in history.

[48:18] How Richard Duncan believes the US can pull itself out of debt.

Mentioned in This Episode:

Jason Hartman

Property Tracker - Updated

Real Estate Tools

This week’s episode is an enlightening economic conversation you don’t want to miss. Jason welcomes Richard Duncan back to the show for the first of a two-part conversation about what is driving the economy and which mistakes could catapult the US into a recession.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[02:18] Trump may have personality limitations but he will be good for the US real estate market.

[06:44] Don't be part of the disappearing middle class align your interests with governments and central banks.

[12:31] Last chance to sign up for the Oklahoma City Property Tour and JHU Live event!

Richard Duncan Guest Interview Part 1:

[15:56] Richard Duncan has a unique, insider's view of world economics and FIAT money.

[20:31] In the US, when credit grows less than 2% the US goes into recession.

[25:42] Creditism is the new Capitalism.

[28:02] Looking back at the policies which saved the world economy in 2008.

[34:00] It's a very sensitive moment in the economy as the Fed is considering reversing quantitative easing.

[37:52] Globalization has changed the way the economic game is played.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Richard Duncan Economics

Richard Duncan’s Macro Watch Video Blog - Use codeword ‘global’ for 50% off

The New Depression: The Breakdown of the Paper Money Economy

Originally aired on CW 320.

Jason Hartman interviews Dr. Bob Wright, co-author of Transformed! The Science of Spectacular Living and Beyond Time Management: Business with a Purpose, to talk about the science and positive results in personal transformation and finding purpose. Dr. Wright discusses identifying inner yearnings, becoming more engaged, and becoming more aware of our programming (limitations) and changing them. He explains the difference between learning and growing and how to transform our lives by rebuilding neuro pathways in the brain. He also defines the three types of happiness – hedonic, engaged and meaningful – and how to create an intimate relationship with our fears in order to transform. Dr. Wright then talks with Jason about finding deeper purpose in business, creating a more meaningful, more fulfilling experience.Dr. Robert Wright is a highly successful entrepreneur, world-class executive coach, and dynamic corporate consultant.

In this solo episode, Jason recaps the extraordinary Venture Alliance Mastermind in Chicago this past weekend and he continues to advocate for the buy and hold, long-term investment strategy of income property. It is truly the most historically-proven asset class in the world. Jason also shares pertinent real estate articles demonstrating the absolute folly of the over-priced, luxury home market and an article about the hourly wage your renters must make to afford a two bedroom home in various states in the US.  

Key Takeaways:

[01:12] Venture Alliance Mastermind wrap-up.

[04:03] $51M  Foreclosure Signals Bad News for Luxury Market.

[09:16] The opportunity cost of letting your money sleep.

[18:51] Linear, cash-flow market real estate investors should avoid trying to time the market.

[21:43] The concept of sunk cost bias influences us to stay in a bad deal.

[27:39] Refi-till-you-die leverages your property so you can take advantage of inflation induced debt destruction.

[29:59] Pet rent should be charged to tenants with pets.

[35:16] Make ready costs can be reduced long-term by using quality paints and surfaces.

[36:12] What hourly wage do you need to make to rent a two bedroom home in states around the US?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

$51M Foreclosure Signals Bad News in Luxury Market by Gina Carey

Property Tracker

Real Estate Tools

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents. And if you are looking for additional properties, be sure to get pre-approved for financing before the Oklahoma Property Tour and JHU Live event.

Key Takeaways:

[03:52] Oklahoma City has a lot of inventory available and you can see it on the upcoming property tour.

[09:13] What does the spike in interest rates mean for investors?

[15:27] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[19:37] Local Market Specialists and Investment Counselors are always working in the client's best interest.

[29:01] It's important to get pre-approved for financing in today's seller’s market.

[30:30] Jason hints about the location for the next Venture Alliance Mastermind.  

Mentioned in This Episode:

Jason Hartman

Grant’s Interest Rate Observer

Venture Alliance Mastermind

Originally aired on CW 343.

Tom Kraeutler is the President of Money Pit Media and Co-host of “The Money Pit,” the nation’s largest nationally syndicated home improvement radio program. He is a home improvement expert.In a rapidly improving housing market, Kraeutler discusses some home improvements we can make, which will pay for themselves in resale value. This would include upgrading home efficiency and performance.

Jason welcomes two guests to the show today. First, private lender Bill Green gets specific with available rates and financing offers available for buy and hold 30-year loans and shorter span bridge loans. He describes the differences between the options and shares and example of when each loan may be applicable for the purchase of your next property. And later in the show, Daren Blomquist returns to the podcast to give us a real estate market update and to provide some unique market data tools his company created. Supply is low and demand is high. If a property makes financial sense buy, buy, buy.

Key Takeaways:

[01:23] Private lenders help fill the gap between agency loans and hard-money lenders.

[05:05] Bill Green explains the financing and rates available for long-term and bridge loans.

Daren Blomquist Guest Interview:

[17:21] Home price appreciation accelerated during the 1st quarter.

[20:01] Linear markets may be morphing into hybrid markets during this period of high demand.

[25:49] Technology makes geography less and less important.

[27:41] Daren describes the Housing Affordability Index tool and the Pre-mover Index tool.

[35:45] Income Property Investors should be wary of high appreciation markets.

[37:52] Are the front lines of the real estate market backing out because they smell trouble?   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

ATTOM Data Solutions

ATTOM Home Affordability Index

RealtyTrac

Marketing List Resource from RealtyTrac

On today’s episode, Jason welcomes Investment Counselor, Oliver back to the podcast to discuss current market conditions, why it’s important to attend live events and the solid foundation of linear markets. A real estate bubble might be right around the corner in expensive cyclical markets but if your portfolio includes a smart mix of linear and hybrid market properties you will ride the wave and continue to grow your wealth no matter what the economic climate. Be sure to check the Creating Wealth Show’s back catalog of episodes for more information about the 10 Commandments of Successful Investing.

Key Takeaways:

[05:08] When new clients see the monthly cash flow their income properties create they get hungry for more properties.

[07:33] An example of how to get rich on linear market properties; breaking down the benefits.

[14:19] Attending live events like the Oklahoma City JHU event, Property Tours and the Venture Alliance allows you to meet like-minded investors.

[17:58] Current market conditions are making property inventories tight.

[23:20] Real estate investors must combine their capital with persistence to make money.

[29:09] Buy and hold real estate investments are still on good solid ground with good rent to value ratios.

[31:02] Expensive new construction properties act like a hybrid even in a linear market.

[33:29] Jason recommends the book, Outwitting the Devil.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Outwitting the Devil: The Secret to Freedom and Success by Napoleon Hill

Originally aired on CW 819

When 18 out of 20 valuation sources say the S&P is radically overvalued, it might be true. Most of you know never to invest in the stock market (unless you are an insider) but just in case, Jason shares a table with some astounding estimations of how overvalued the S&P is. And a local market specialist joins us from Oklahoma City to describe the benefits of investing in the primarily new construction market there. He says that a dollar stretches further, tornadoes have moved East and it’s a landlord friendly market.

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

Jason and guest, Bob Filner take part in a jovial tete-a-tete about the Trump Administration, how  the remiss government regulators are towards financial institutions and the reinvention of the democratic party. As the former House Committee Chairman on Veteran’s Affairs, Bob Filner tackled Jamie Dimon and JP Morgan by threatening to press charges for their unethical treatment of military personnel by foreclosing on their mortgage loans. Mr. Filner was also the Mayor of San Diego and this interview comes on the heels of the release of his new book, Trumping Trump: Making Democrats Progressive Again.

Key Takeaways:

[03:18] Retargeting keeps people in a perpetual state of stale.

[14:44] The Venture Alliance Mastermind and the Oklahoma JHU Live and Property Tour will include the micro and macro benefits to income property investing.

Bob Filner Interview:

[17:51] Bob Filner shares the purpose behind his book, Trumping Trump.

[20:19] Will the Tobin tax discourage trading and betting on non-asset based investments?

[23:13] Bob would like to rebrand the democratic party as the party of the working people.

[25:11] Bob threatened Jamie Dimon and JPMorgan for foreclosing on military personnel's home while they were serving in active duty.

[31:13] It is pathetic how easily you can buy justice.

[32:05] Does the financial system need less or more regulation?

[42:14] The problem with the Trump administration as Bob Filner sees it.

[47:20] Trump's policies could have a devastating affect on the US economy.

[49:16] What benefits the American worker more jobs and higher pay or low cost imported goods?  

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Women’s Investing Network Podcast

Trumping Trump: Making Democrats Progressive Again by Bob Filner

REPREF51@gmail.com

Venture Alliance Mastermind

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

Originally aired on CW 245.

Jason Hartman interviews author, Amity Shlaes, about her book, “The Forgotten Man: A New History of the Great Depression.” Franklin D. Roosevelt spoke of the forgotten man as the man at the bottom of the economic pyramid, the poor man, the homeless man. Miss Shlaes explains that there is another forgotten man, the taxpayer, based on an algebraic description by William Graham Sumner.

Jason records this episode from Europe where he is thoroughly appreciating Capitalism. He reminds us, to get rich, we must take consistent, prudent risks. Understanding proformas and having the ability to analyze real estate deals will pay off in long-term cash flow. And, using leverage allows you to do more with less. During the Four Pillars of ROI clip, we learn about the sometimes underappreciated tax benefits of income property investments and hear a new investor recommend investing with Jason’s company.

Don’t miss the Oklahoma City Property Tour and the JHU Live Event just after July 4th.

Key Takeaways:

[03:03] The hidden pillar of ROI is inflation-induced debt destruction.

[04:34] Jason doesn't understand why millennials beg for Socialism/Communism.  

[11:26] The Venture Alliance Mastermind in Chicago is coming up in June.

[13:52] The college experience is much like the European experience.

[17:02] The way to get rich is taking prudent risks.

[24:18] Look forward to the future, appreciate the past but live in the future.

The Four Pillars of ROI Live Clip:

[28:37] How to Analyze a Real Estate Investment - free video.

[31:33] Appreciation amplified with leverage.

[34:42] Victor shares his thoughts about pulling the trigger and building his income property portfolio.

[42:17] Recognized tax benefits of income property investing.

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

This episode was inspired by the current distance between Jason and his loving companion, Coco. Jason is in the Ukraine, as Coco who is in doggy daycare, anxiously awaits his return. Jason delivers his most heartwarming episode ever as he interviews the author of A Dog’s Purpose, Bruce Cameron. Bruce captured the hearts of over 2300 Amazon reviewers, as well as topping the New York Times best-seller list, with his series of stories about man’s best friend.

Oklahoma City is the place for your financial Independence Day. Attend Jason Hartman University Live and an Oklahoma City property tour July 6th.

Key Takeaways:

[03:46] A question from a Twitter follower about last week's bubble alert.

[09:36] Jason was in Romania when the great recession was going down.

[11:16] If you are serious about understanding the numbers and make a solid real estate investment join us at the upcoming JHU Live event.

Bruce Cameron Guest Interview:

[17:32] A Dog's Purpose and A Dog's Journey resonated with people because it included true love and true friends.

[20:21] Dogs are really good at reading our emotions.

[22:21] The Dogs of Christmas is a dramatic mirror of our current hermit type lives.

[26:24] Dog's make the best out of everything so take advantage of it!

Mentioned in This Episode:

Jason Hartman

@jasonhartmanroi on Twitter

How to Analyze a Real Estate Investment

JHU Live Event in Oklahoma City

Rover

A Dog’s Purpose

8 Simple Rules for Dating my Teenage Daughter

Look Up video

A Midnight Plan of the Repo Man

Originally aired on CW 829

Join Jason Hartman and Andrew “Ranting Andy” Hoffman, Miles Franklin’s Marketing Director, as they discuss the new game on Wall Street with its evil derivatives and destructive investment advice. Andy says Wall Street is no longer in the business of destroying retailers. Ever since the repeal of the Glass-Steagall Act, they’ve been in the business of destroying countries and taking power. Andy talks about Goldman-Sachs infiltration into political positions in other countries, and the infiltration into municipalities by other big Wall Street thugs, such as JP Morgan.

In this episode, Jason outlines the two simple principles that alert an investor to an overvalued market. He explains the rent to value ratio and construction cost approaches and how the methods are applied to the linear, cyclical and hybrid markets. Jason also explores the benefits gained by experienced investors who use the proper metrics to analyze properties versus an immature investor who follows the current trend.

Mark your calendars for July 8th and 9th for the upcoming Oklahoma City Property Tour and JHU Live Seminar.

Key Takeaways:

[02:20] Jason explains why capital appreciation is attractive to the amateur investor.

[07:54] How do you know if the real estate market is overvalued?

[14:36] The self-storage facility purchase that wasn't meant to be.

[23:09] The comparison approach, the income approach and the construction cost approach are the 3 basic ways properties are valued or appraised

[23:50] The Rent to Value ratio is the current value versus the rental income.

[26:56] The Cap Rate is not a good metric for residential real estate investing.

[28:15] Using the Debt Coverage ratio as an investment metric to protect your assets.

[33:34] The Oklahoma City Property Tour and JHU seminar will be on July 8th and 9th

Mentioned in This Episode:

Renter’s Warehouse - Get 3 free months of property management with this link.

Jason Hartman

Real Estate Tools

Jason welcomes Elisabeth Embry to the podcast to discuss their new podcast! Women Investing Network or WIN will be co-hosted by Jason and Elisabeth and will focus on unique opportunities for women investors from a woman’s point of view. Elisabeth has a large income property portfolio and understands how to analyze the data necessary to make solid real estate investments in linear markets. They also discuss cash-on-cash return, Loan to Investment ratios, the Trump presidency and tax plan and the Seattle market.

Key Takeaways:

[02:21] Information on the new Women Investing Network podcast.

[04:40] Cash-on-cash Return explained.

[07:59] Analyzing the data to uncover the true ROI of a property.

[12:09] The 1031 exchange is yet another beautiful facet of investing in income properties.

[13:31] Trump tax cuts and Jason's theory of relativity.

[20:08] Elisabeth and Jason banter about Trump's presidency and the economy.

[26:00] Is a bubble coming to the Seattle market?

[29:10] Using the Risk Evaluator to determine the Land to Improvement Ratio.

[30:27] Two reasons investing in a linear market is a lower risk for investors.

If you are using microeconomics to plan for your future you may be ready to sell your assets and buy a “Preppers guide to self-sustainability”. But, if you take a step back and look at the bigger picture of macroeconomics you will see that it’s an amazing time to be alive. Jason’s guest Jawad Mian says “the key is to watch the disruption”. Manufacturing may be at an all time low but the services provided by Silicon Valley and the tech industry will offset any economic loss with growth, just in different terms. The market always corrects itself just differently than people perceive it to. The future is brighter than you might think.

Jason welcomes Pat Donohoe back to the show. Pat is the President and CEO of Paradigm Life and host of the Wealth Standard podcast. Together, Jason and Pat analyze a Wall Street Journal article which addresses lower mortgage rates and how the lower rates may affect the already ‘hot’ real estate market, how autonomous cars will create a resurgence of the suburbs and how the upper middle-class is rethinking retirement based on the trend of extended life spans.

Key Takeaways:

[02:22] Wall Street Journal audio clip relating to the current housing market and interest rates.

[04:42] Zillow and isolated locations, like LA, with inflated housing values.

[11:35] Supply and demand in the rental property market.

[14:53] The Wealth Standard Radio and Paradigm Life contact information.

[15:36] The resurgence of suburbia will come with autonomous vehicles.

[19:28] A warning about spending money on high priced real estate.

[25:41] Reinventing retirement based on the cost of living longer.

[29:17] The 401k was never really meant as a retirement plan.

Mentioned in This Episode:

Jason Hartman

Longevity and Biohacking Show

Venture Alliance Mastermind

Zillow

Wealth Standard Radio

Paradigm Life

Unlimited Wealth: The Theory and Practice of Economic Alchemy by Paul Zane Pilzer

This episode demonstrates the versatility of the most historically proven asset class income property. Jason breaks down its multiple dimensions and the various factors which can be used to prove that income property is the best investment you can make. During the client case study segment, Ani Wee tells her story of monetary and portfolio growth from her income property investments. She uses the Hartman Network to find opportunities, to gather information and to engage with like-minded people.

Key Takeaways:

[03:30] Money matters!

[08:06] Why you should immerse yourself in the most historically proven asset class.

Client Case Study Ani Wee:

[21:29] During the market crash Ani was looking for options when she came upon the Creating Wealth Show.

[23:29] She started investing in real estate after reading Rich Dad Poor Dad but she didn't know what she was doing.

[25:36] Ani receives yellow postcards on the first property she bought from the Hartman network.

[30:41] Ani's duplex in Florida appreciated from $79K to over $150K and her RTV ratio increased.

[36:35] Comparison, income and replacement cost are the three basic approaches to appraisals.

[38:34] Don't be afraid to push back on property management issues.

[41:18] Ani will be doing a 1031 exchange on her properties in hybrid and cyclical markets.

[44:36] Don't wait to buy real estate and outsource your debt to your tenants.

Mentioned in This Episode:

Jason Hartman - Watch the Free Video on How to Understand a Pro Forma

Venture Alliance Mastermind

Previously aired as CW 373

Rodney Johnson is President and Editor of Dent Research. He joins the show to explain why gold will fall below $800.

Johnson then discusses whether the US economy is slowing. He also shares how investors can build streams of income instead of relying on equity markets.

Visit Dent Research at www.dentresearch.com.

Rodney Johnson works closely with Harry Dent to study how people spend their money as they go through predictable stages of life, how that spending drives our economy and how you can use this information to invest successfully in any market.  

Rodney began his career in financial services on Wall Street in the 1980s with Thomson McKinnon and then Prudential Securities. He started working on projects with Harry in the mid-1990s. He’s a regular guest on several radio programs such as America’s Wealth Management, Savvy Investor Radio, and has been featured on CNBC, Fox News and Fox Business’s “America’s Nightly Scorecard, where he discusses economic trends ranging from the price of oil to the direction of the U.S. economy.  

He holds degrees from Georgetown University and Southern Methodist University.

The housing market is a seller’s market right now and Trump’s tax cuts may elongate the duration. Jason explains how a tax cut will boost the US economy and how investors can benefit from the multiplier effect. And later in the interview, Joe Fairless shares his rags to riches story. He explains how he got started investing, the necessary components of a master lease and how he scaled his portfolio so quickly.

Key Takeaways:

[01:28] Renter's Warehouse is the perfect sponsor for the Creating Wealth Show.

[04:27] The availability of properties in a linear market.

[07:50] CNBC clip about the demand for property in this seller's market.

[10:15] Trump wants to bring the tax rate from 35% to 15%.

[14:01] A Facebook memory reminds Jason of the big government disasters of the past.

[19:08] Income property investors can benefit from the multiplier effect of the proposed tax cuts.

Joe Fairless Guest Interview:

[24:23] Joe's startup story is one of delayed gratification and success.

[31:03] Joe reflects on the positives and the negatives of his investment experience.

[34:03] The master lease investment was 6.3 million on Joe's first property.

[37:32] The downsides of a master lease.

[42:14]  How Joe scaled the growth of his portfolio quickly.

[44:28] Free resources from Joe Fairless.

Mentioned in This Episode:

Jason Hartman

Renter’s Warehouse offers a special discount to Creating Wealth listeners

National Real Estate Investors Association

Joe Fairless

info@joefairless.com

Multifamily Syndication

Big data is here, it’s there, it’s everywhere. Real estate investors should use it to their advantage. Tenants credit scores are easy to access and just a click away. In this episode, Jason unpacks recent headlines which paint a picture of the state of the economic mindset in the U.S. Articles about the future of the insurance industry, your 401k account and the current value of the housing market are all scrutinized and analyzed. He also offers up some recommended reading to those worried about the state of the environment.

Key Takeaways:

[02:28] Newser article The Key to Easy Life Insurance, a Selfie? describes the future of the insurance industry.

[11:45] Jason's secret to aging well.

[14:19] Jason remarks on the Wall Street Journal article Grab Your Pitchforks America Your 401k May Need Defending From Congress.

[20:11] Recommended books on energy and environmentalism.

[20:56] RealtyTrac article Are We Headed Towards Another Bursting Housing Bubble in 2017?

[29:40] Headlines on the RealtyTrac site are telling about the state of the union.  

Mentioned in This Episode:

Jason Hartman

Creating Wealth Ep.#165 with Tony Alessandra

Longevity and Biohacking Show

RealtyTrac

Venture Alliance Mastermind

3 Dimensions of Real Estate  

Articles & Books

The Key to Easy Life Insurance, a Selfie?

Grab Your Pitchforks America Your 401K May Need Defending From Congress

Smaller, Faster, Lighter. Denser, Cheaper: How Innovation Keeps Proving Catastrophists Wrong by Robert Bryce

The Bet by Paul Sabin

Are We Headed for Another Bursting Housing Bubble in 2017?

Originally aired as CW 165 

Jason talks with Dr. Tony Alessandra CSP, CPAE about The Platinum Rule. Listen at: http://www.jasonhartman.com/radioshows. Tony has a street-wise, college-smart perspective on business, having been raised in the housing projects of NYC to eventually realizing success as a graduate professor of marketing, entrepreneur, business author, and hall-of-fame keynote speaker. He earned a BBA from the

When 18 out of 20 valuation sources say the S&P is radically overvalued, it might be true. Most of you know never to invest in the stock market (unless you are an insider) but just in case, Jason shares a table with some astounding estimations of how overvalued the S&P is. And a local market specialist joins us from Oklahoma City to describe the benefits of investing in the primarily new construction market there. He says that a dollar stretches further, tornadoes have moved East and it’s a landlord friendly market.

Key Takeaways:

[02:07] The two ways to win on Wall Street.         

[04:05] Give value to the psychology of investing.

[07:13] An example of a crappy real estate deal in Santa Ana, California.

[11:02] The stock market is radically overvalued, 18 of 20 valuators concur.

[23:46] Yield/Dividend type investors always win.

Oklahoma City Metro Market Profile:

[26:03] New Construction keeps the economy rolling in Oklahoma City.

[31:05] The Oklahoma City area boasts a thriving economy and positive cash flow.  

[33:05] Are tornados and issue for investors needing to insure properties?

[38:09] Home value to income ratios in the Oklahoma City area.

[42:54] The local market specialist has an interest to satisfy investors.

[46:17] Property management services are available short and long term.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Real Estate Tools

One of the benefits of listening to the Creating Wealth podcast is current, as well as,  historical data on the most historically proven asset class, income property. Jason handpicks Flashback Friday episodes that contain pertinent information about predictions and changes in real estate and the overall state of the US with regards to the real estate/housing markets. Reviewing industry trends of the past may help you balance future investments so be sure to listen to the Flashback Friday episodes.

Today’s guest is Reichen Kuhl, CEO and Founder of the rental contract insurance company, LeaseLock. He shares useful information about the program designed to identify rent payers and to protect landlords from those who don’t pay their rent.

Key Takeaways:

[02:54] Listen to Flashback Friday episodes to gain perspective on today's real estate market.

[11:25] Hold on loosely, but don't let go can be a song lyric or a real estate investment strategy.

[14:52] Cap rate and cash-on-cash return are metrics that don't tell the whole investment story.

[18:59] Examples of available properties to demonstrate the importance of understanding a pro forma.

Reichen Kuhl Guest Interview:

[27:00] LeaseLock is an insurance policy a tenant will pay the rent.

[30:37] How exactly does the LeaseLock know who will be a rent payer?

[36:12] Insurance industries are able to insure people differently in spite of Fair Housing laws.

[38:19] The cost is LeaseLock is 7% of the full lease value of the rental unit.

[41:35] Miscellaneous information about LeaseLock as a business.  

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

LeaseLock

Originally aired as CW 215

Jason Hartman talks with James Anderson, managing director of GoldSilver.com, about the historical cycles of gold and silver and other precious metals, against the monetary cycles. 

As the world’s fiat currencies continue to be debased through inflation, regulation, and irresponsible spending, precious metals investing is on the rise.  But do you physically own your gold

This episode is chock full of trends, predictions and current affairs. Jason (The Predictive Genius) Hartman is a purveyor of rational recklessness. He shares an article from The Atlantic which asserts that Americans are moving out of the city and into suburbia. Once again proving his theory of the resurgence of the suburbs to be correct. Jason also reminds us to take time to remember the good things in life by way of the ‘Winning is Giving’ poem by one of his early mentors, Denis Waitley.

Key Takeaways:

[2:56] Humans make emotionally-charged decisions and then rationalize them with logic.

[06:40] Why the best real estate deals never close.

[09:09] Price, Terms and Time (PTT) are the 3 corners of the real estate deal triangle.

[11:06] ‘Winning is Giving’ by Denis Waitley

[13:53]  Are the 3 value drivers of real estate still location, location and location?

[19:04] An article from The Atlantic "Why are so many Americans saying goodbye to cities?"

[27:57] Thou shalt only invest where there is universal need.

[31:56] A portfolio review and rebalance is necessary every 6-months or so.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Atlantic Article - Why So Many Americans Saying Goodbye to Cities by Derek Thompson

It’s a wonderful time to be alive, especially if you are an income property investor. New technologies allow investors to self-manage properties all over the U.S. no matter where in the world they are located. Jason speaks with Merrick Lackner the Co-founder of Rently and Rently Keyless. Merrick describes the mechanics behind turning your rental properties into smart homes to give you more control over showings, energy consumption costs and the general well-being of your properties as well as the cost of installation and maintenance.

Key Takeaways:

[03:07] Changes in property management and increased returns from investments.

[04:34] Do you know which billionaire lives in a trailer park?

Merrick Lackner Guest Interview:

[09:21] Merrick saw the need to improve on the showing of rental properties.

[12:57] Merrick describes the different options Rently offers.

[20:48] How the Rently process is coordinated for the renter and the landlord.

[25:30] The smart matching program includes a background check.

[26:58] Rently Keyless Entry gives real estate investors more control over their properties.

[30:10] How much does Rently Keyless cost to install and maintain?

[33:02] Rently offers different access for renters and owners to reduce liabilities and provide privacy.

Mentioned in This Episode:

Jason Hartman

Jason Hartman University

Zappos

Real Estate Tools

Rently

Rently Keyless

Originally aired as CW 244

Join Jason Hartman and client, Patrick, for a timely discussion about the benefits of real estate investing. Patrick shares his experiences working with Jason Hartman and Platinum Properties Investor Network’s investment counselors.

Finally an economist talks about some new, positive stuff! Jason welcomes guest expert, Frances Donald the Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services. Frances is a wealth of information as she shares CEO, consumer and investor sentiment numbers with regards to the housing market and the job market. Jason can’t seem to pin Frances down on whether or not Trump, our first real estate president, is responsible for the growing economy but she does acknowledge the stock market is rallying based on the promised policy changes.

Frances says despite student loan debt and banks being reluctant to give mortgage loans to younger people the pent up demand leaves room to run in the real estate market.

Key Takeaways:

[4:42] Frances has a positive outlook for the U.S. economy based on the investor sentiment survey.

[7:24] Does Trump deserve credit for the good economic forecast?

[8:41] The challenge for the housing market moving forward is that interest rates are moving up.

[11:42] Companies large and small are feeling more optimistic with Trump as president.

[13:23] Residential investment or housing is a small percent of the total economy.

[18:00] Frances Donald shares the two drivers of rental housing.

[20:32] The natural relationship between housing and rentals is currently broken.

[24:11] Wage growth and how it relates to demographics.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

John Hancock

@francesdonald on Twitter

To start the show, two clients who bought properties at the Creating Wealth Seminar and Memphis Property Tour tell their stories of why they do business with Jason’s company. And, later a recording from the Venture Alliance Mastermind in Las Vegas with Jeff. Jeff details how he creates balance in his life and has a successful career.

Key Takeaways:

[1:27] Adam bought his 9th property during the Memphis Property Tour.

[4:32] A client who likes doing business with Jason’s organization because they provide a one-stop shop.

Las Vegas Venture Alliance Recording

[10:24] Jeff breaks things down into quarterly and daily goals.

[13:04] How Jeff strategically forms his 4 key goals.

[18:22] Meditation is a key component of successful people’s lives.

[22:23] The importance of teaching and growing every day.

[26:13] Choosing to create a leader, not a doer.

Mentioned in This Episode:

Jason Hartman

A Tale of Two Brothers Podcast

Venture Alliance Mastermind

Join Jason Hartman and returning guest, Ellen Brown, author of Web of Debt, for a discussion of the United States’ debt ceiling, QE2, inflation, as well as a brief explanation of how money came to equal debt. Ellen explains why the debt ceiling is unconstitutional, how the government is legally committed to paying its debts. She points out the contradiction that has been for more than 100 years, since WWI. The easing put into place at that time was only to be a temporary measure.

Ellen also talks about shadow banking causing the crisis by money being lent into existence, slight of hand. The only real money are coins, which are one-tenth of the total money in circulation. Ellen also discusses QE2 , where the government agreed to pay the interest on borrowed money in order to maintain control of the Federal Funds rate. She said there are a lot of reserve funds on the books in certain foreign banks, including bond dealers, that is just being held.  Ellen also touches on the national debt, Glass-Steagall, and proposes state-owned banks as part of the solution, with the basic idea that we take care of our own, much the same way that Japan is reliant on their own Central Bank.

Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and "the money trust." She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Brown developed an interest in the developing world and its problems while living abroad for eleven years in Kenya, Honduras, Guatemala and Nicaragua. She returned to practicing law when she was asked to join the legal team of a popular Tijuana healer with an innovative cancer therapy, who was targeted by the chemotherapy industry in the 1990s.

That experience produced her book Forbidden Medicine, which traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. Brown's eleven books include the bestselling Nature's Pharmacy, co-authored with Dr. Lynne Walker, which has sold 285,000 copies.

The resurgence of the suburbs is yet another of Jason’s predictions coming true. Jason shares a recording of the Wall Street Journal article as proof. Then, Cal Newport details the current distraction epidemic caused by our smartphones and social media accounts. Cal believes corporations have us just where they want us by making us addicted to apps and programs which feed us non-stop advertisements and shape our buying habits. He discusses his books, Deep Work and So Good They Can’t Ignore You while offering strategies designed to break your addiction.

Cal Newport is a Professor of Computer Science at Georgetown University.

Key Takeaways:

[4:23] Jason’s prediction about the resurgence of the suburbs is coming true.

[9:45] Applying business ethics in politics doesn’t always work.

[11:05] A recording of the WSJ article about the migration of the US population.

Cal Newport Guest Interview:

[17:42] Cal explains the foundation for his two popular books.

[19:33] Modern digital handheld devices offer a true test of a person’s ability to focus.

[24:03] Measuring the impact of your digital behavior to make a bigger impact.

[26:30] How to break the addiction of digital devices.

[32:01] Developing a Deep Work habit.

[37:41] The distinction between productivity and true productivity.

[39:02] Apps and strategies for people who need to maintain connections but also want to focus.

[41:48] The title So Good They Can’t Ignore You was inspired by Steve Martin.

[46:22] Social Media doesn’t add much profit to your business unless your business is social media.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

Jason Hartman University

Cal Newport

Deep Work by Cal Newport

So Good They Can’t Ignore You by Cal Newport

“Look Up” Video on YouTube

Freedom App

During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It’s all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting.

Key Takeaways:

[2:15] If your property doesn’t have good RTV ratios consider selling or refinancing.

[10:43] Vernon has been around property investing his entire life.

[12:00] Vernon needs Jason’s advice about how to handle his parent’s properties.  

[14:23] It doesn’t matter where your property is, RTV ratios are almost always the same.

[17:51] The New York market is a cyclical market and may be on the verge of being overvalued.

[25:12] Jason offers the Refi-til-ya-die as an alternative to selling.

[28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family?

[32:33] It’s important to examine the existing debt structure of the properties.

[34:09] A 1031 exchange may help offset depreciation taxes.

[36:37] How does an investor know when it’s time to 1031 exchange or to refinance?

Mentioned in This Episode:

Jason Hartman

Jhart88 on Voxer

Real Estate Tools

Welcome to the Creating Wealth Show. This is Episode Number 258, and this is your host, Jason Hartman. Excited to be with you today, as always. Thanks for joining me. Today we’re going to talk about the Secrets of Economic Indicators, with our guest, Bernie Baumohl and he’s written a book on that subject and it’s got a couple of printings, a couple of versions out and I think you’ll really get some stuff out of that, and come learn how to decode what you hear about, what you read about in the news media, and what it means to you as an investor and as an astute financial person.

In this solo episode, Jason reviews articles which depict the current economic state of affairs from coast to coast. In San Francisco, one company is paying employees to move, developers are driving up the cost of homeownership in New York City and the most average city in the US is exactly where you would expect it to be. Jason also reminds us why we shouldn’t be alarmed by rising interest rates because, as he points out, you have to look at the big picture. Money is and will be flowing into the real estate market during the Trump Administration. Don’t let your money be lazy! Contact an investment counselor today.  

If you are a new investor or thinking about investing in income property, visit Jasonhartman.com and watch the video, How to Analyze a Real Estate Deal. It’s free educational material.

Key Takeaways:

[2:09] The measurements used to determine the Most Average City in America.

[7:44] A small tangent turns into a rant about the downsides of Tesla ownership.

[13:49] The Business Insider article about Zapier paying employees 10K to move outside of San Francisco.

[16:16] Developers are swarming in New York City neighborhoods article.

[18:47] Signs money continues to flow into the real estate.

[21:57] The ability to borrow is a great asset.

[28:21] Money will flow into real estate under a Trump Administration.

[29:41] Work with an investment counselor to help build your portfolio.

[33:07] What will cause the rise of the suburbs?

[37:42] Why you should go back and listen to previous Creating Wealth episodes.

Mentioned in This Episode:

Jason Hartman

Real Estate Tools

Articles:

Newser:

This is the Most Average City in America by Michael Harthorne

Business Insider:

The cost of living in San Francisco is so high, a tech company is paying workers to leave by Melia Robinson

‘We’re like cockroaches’: Developers are swarming over emerging neighborhoods by E.B. Solomont

To kick things off, Jason shares a Wallethub article which lists cities with the highest and lowest credit scores. Memphis credit scores are some of the lowest in the US which is why it is a good place to invest in income properties. And, Jason’s guest today is the first banker in history to expose the monumental story of Swiss bank secrecy. When Bradley Birkenfeld became aware of the shady practices of Swiss accounts he went directly to the Department of Justice. What happened after led him to expose the secret connection between the US and Swiss Governments and how taxpayers in both countries foot the bill for the illegal activities of bankers.

Key Takeaways:

[2:05] Details about the upcoming Creating Wealth Seminar and Memphis Property Tour.

[6:20] A Survey by Wallethub lists these cities as having the highest and lowest credit scores.

Bradley Birkenfeld Guest Interview:

[11:54] A history lesson about the beginning of Swiss banking anonymity.

[14:56] The Department of Justice turned Bradley away.

[16:02] The banking system and the federal government are closely related.

[19:00] Secret numbered Swiss accounts allow for non-traceable illegal activities.

[23:22] Bradley was forced to go to the Senate because the DOJ is corrupt.

[26:55] Proof the American people were screwed by the Obama administration.

[28:39] The U. S. Government and the Swiss Government are in bed together.

[33:38] Wikileaks documents show Hillary Clinton was involved in UBS.

Mentioned in This Episode:

Jason Hartman

Lucifer’s Banker

Articles:

2017's U.S. Cities with the Highest and the Lowest Credit Scores.

Jason Hartman gives you a free one hour segment from his Creating Wealth Home Study Course as he discusses "The Ten Commandments of Successful Investing."

Jason and Fernando unpack recent articles from the Washington Post and Wall Street Journal as they relate to the general economy and most importantly, real estate. The first real estate president, Donald Trump may be opening the door to increased money flow in the U.S. through cutting the federal workforce and removing restrictions on community banks. Jason points out the multiple dimensions of real estate and how income properties offer multiple strategies for staying ahead of the market.

Key Takeaways:

[2:00] Jason and Fernando discuss the Washington Post article “Trump Budget is Expected to Seek Historic Contraction of the Federal Workforce.”

[11:53] And, “Trump Pledges to Ease Restrictions on Community Banks.”

[17:26] The 3 Dimensions of Real Estate

[19:27] Charlotte, NC is a great example of a market that softened after investors invested in income properties.

[21:10] Fernando is faced with making decisions about his existing properties.

[23:01] When is it the right time to change Property Managers?

[32:24] Unpacking the Wall Street Journal article “Credit Reports to Exclude Certain Negative Information, Boosting FICO Scores.”

[35:11] Reasons for investors to be bullish right now.

[37:33] It pays to be cautious but most importantly, be smart.

[40:49] Memphis Property Tour is almost sold-out.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Real Estate Tools

administrator@realestatetools.com

This episode includes a recording of a live Q&A session from a Creating Wealth Seminar. The Investment Counselor Panel shares real life examples of how investors benefit from the free education and their hands-on assistance. If you are interested in investing in the most historically proven asset class, income properties this podcast is a great place to start. It also includes the reasons why investors would want to attend a future Creating Wealth Seminar and the benefits of joining the high-level Venture Alliance Mastermind.

Key Takeaways:

[3:09] Venture Alliance wrap-up and details about the upcoming Chicago event.

[10:37] The Memphis Property Tour and Creating Wealth Seminar.

[11:16] Happy 13th Anniversary to the Creating Wealth Seminar!

Live Investment Counselor Panel Part 2 Q&A:

[16:19] The process of finding and vetting a Local Market Specialist.

[19:02] Striking the right balance between A, B and C properties in a portfolio.

[24:13] Amortization of property components.

[27:10] How many properties should I have in one bank account?

[35:59] What benefit do Investment Counselors provide to investors?

[44:20] Do Investment Counselors have different areas of expertise?

[49:28] How to best utilize an Investment Counselor?

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Voxer

Property Evaluator Software

Jason Hartman talks with Chris Mayer who is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributor to the Daily Reckoning.

Graduating magna cum laude with a degree in finance and an MBA from the University of Maryland, he began his business career as a corporate banker. Mayer left the banking industry after ten years and signed on with Agora Financial. His book, Invest Like a Dealmaker, Secrets of a Former Banking Insider, documents his ability to analyze macro issues and micro investment opportunities to produce an exceptional long-term track record of winning ideas. Mayer’s commentary has been featured by MarketWatch, Russia Today TV, the Atlanta Journal-Constitution, and the Huffington Post. http://dailyreckoning.com/author/chrismayer/

This episode includes a brief history of Jason’s experiences in the real estate market from 2004 to the mortgage crisis of 2008. Jason correctly predicted the crisis and tells us what signs to look for in the future. Then, a live recording of a Creating Wealth Seminar with a panel of Investment Counselors answering real participant questions about mortgage sequencing, the importance of leverage, and common client challenges.

Key Takeaways:

[2:49] Details of the upcoming Creating Wealth Seminar and Memphis Property Tour.

[4:11] Jason predicted the collapse of the mortgage industry way back in 2004.

[11:16] Meeting other investors is one of the best things about attending a live event.  

Investment Counselor Panel Recorded Live:

[14:03] Meet the Panel: Investment Counselors Sara, Carrie, and Oliver.

[20:25] What areas of the process do clients find challenging?

[24:30] During the recession, how did investment counselors help investors?

[27:07]  A lesson in the importance of leverage.

[29:57] The strategy for mortgage sequencing.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Property Tracker Software

The Greatest Management Principle in the World, by Michael LeBoeuf

Jason’s guest is the larger than life, Grant Cardone. Grant is a firm believer in ‘it’s not what you know, it’s who you know’. Grant explains the inspiration behind his book, The 10X Rule, his strategy behind getting the life you want and why becoming rich is the only safe haven in today’s world. Grant recommends making your goals ten times bigger than they currently are and being willing to do whatever it takes to get what you want.

Grant is a New York Times bestselling author, Executive Producer of the reality show, Turnaround King and Host of the Cardone Zone.

Key Takeaways:

[2:26] Venture Alliance Mastermind details.

[7:54] Jason and Naresh discuss the impact the self-driving car will have on real estate.

Grant Cardone Guest Interview:

[20:00] Grant’s new venture Act Like Success is based on committing first and figure the rest out later.

[25:22] The 10X Rule is based on a concept that the goals, targets and actions people are making are low based on their potential.

[27:37] How to stay excited and make your goals 10X.

[29:27] Breaking free of middle-class thinking.

[36:47] Find power in who you know not what you know.

[41:13] You have to do whatever it takes!

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Grant Cardone

Tired of Missing Sales

Cardone University

@grantcardone on Twitter

The world of investing involves many considerations. Chief among these are the two “Demons” of investing that must both be defeated in order to realize success. The first demon is risk, and the second is inflation. Risk comes from the fact that future returns are uncertain, and it is not possible to foresee all future events. Investments that seem ‘safe’ may turn out to have hidden dangers that we did not notice. Risk can never be eliminated, it can only be managed. The best way to do this is by properly diversifying your investments so that they are not all subject to the same market shocks. The second demon of investing is inflation. Inflation is especially difficult because it erodes the value of your dollars. Defeating the demon of inflation requires investment in multi-dimensional assets that are optimized to defeat inflation. Income properties meet this criteria well because the property itself holds real value by nature of the replacement cost of the structure, the loan allows you to have a fixed cost of capital for three decades, and the cash flow is pushed up by inflation while you cost structure remains flat because of the fixed-rate financing.

Thomas J. Anderson joins Jason to discuss the value of debt. Mr. Anderson is the Founder and CEO of Supernova Companies and author of The Value of Debt series of books. He has broken down life into four financial stages and gives his recommendations for the amount of debt a person should have at each stage to reach a balance between life span and money span. Mr. Anderson says too many people take on oppressive debt too early in life and the right amount of debt can be a powerful tool.

Key Takeaways:

[1:55] Details of the upcoming Venture Alliance Mastermind in Las Vegas and the Memphis Property Tour.

Thomas J. Anderson Guest Interview:

[5:26] All debt is not created equal.

[6:53] Companies have optimal debt ratios because they value the liquidity, the flexibility and the tax benefits of their strategic debt.

[8:43] Thomas describes the 4 stages of life and the optimal debt recommended for each.

[18:04] People need inflation, appreciation and income on assets working for them over a 30-year period of time.

[20:29] Real estate investors should learn the game of staying power.

[22:13] During economic downturns, those with more debt benefit the most.

[26:33] Debt structured the right way eliminates the need for massive returns.   

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

The Value of Debt

Supernova Companies

The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth

Single-family homes sales rose in January. This has made income property inventory low. You can find out which properties are available in the sought after Memphis market by joining Jason during the upcoming property tour and Creating Wealth Seminar. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration.

Key Takeaways:

[1:43] National Association of Realtor’s article about home sales in January.

[5:11] Single-family homes sales are up and inventory is low.

[8:36] The Trump administration is a boon for the economy.

[9:21] A Goldman Sachs report says interest rates will rise.

[15:46] Venture Alliance Weekend and Memphis Property Tour details and dates.

ASSET MATRIX - Recording from Phoenix Live Event

[18:14] Inflation induced debt destruction by way of a mortgage.

[20:21] Jason explains how the government manipulates inflation numbers through hedonic adjustment.

[27:49] The ultimate investing equation.

[35:08] Anything that does not produce income is not an investment.

[36:59] Cash and bonds are destroyed by inflation.

[39:01] The IRS does not account for inflation.

[42:15] During deflationary periods people default on their loans.

[44:38] If you have a corporate job you are paying more taxes than the self-employed.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Longevity and Biohacking Show

On this episode of the Creating Wealth Show, Jason Hartman talks with author and editor, Janet Portman, about becoming a landlord. Whether or not you call yourself a “landlord,” when you rent out a house, you’ll want to do it right!

Ninety percent of small properties are owned by individual landlords, and millions in this group are balancing their landlord responsibilities with their daytime careers. Tune in as Jason and Janet discuss everything from landlord business basics and finding good tenants, to complying with applicable rental laws and dealing with problem tenants.  Janet Portman, author, attorney, and nationally recognized specialist in landlord/tenant law, is managing editor at Nolo, the nation’s recognized leader in providing legal information for consumers and small businesses.

Portman oversees editorial work on all Nolo books and software. She is the author or co-author of Every Landlord’s Legal Guide, Every Tenant’s Legal Guide, and LeaseWriter Plus software, plus six other books, all published by Nolo.

As an expert in legal issues related to landlords and tenants, Portman has appeared on national television and radio and has been quoted in the New York Times, Wall Street Journal, Kiplinger’s, Smart Money, the Los Angeles Times, and other publications. She has also spoken on related topics such as disputes involving neighbors and pets. Before joining Nolo in 1994, Portman was a public defender for the California State Public Defender’s office, representing clients at the trial, appellate, and state Supreme Court levels. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University.

Jason shares the details for the Creating Wealth Seminar and Property Tour in Memphis, the Venture Alliance Mastermind in Las Vegas and what not to buy from your favorite local coffee shop before introducing guest, Julie Benezet. Julie is the Founder and Managing Principal of Business Growth Consultants and former Director of Global Real Estate at Amazon.com. She joins Jason to give us a behind the curtain look at Amazon’s fascinating build out and philosophy. Julie also shares key points from her new book, The Journey of Not Knowing: How 21st Century Leaders Can Chart a Course Where There is None.

Key Takeaways:

[1:42] Jason wants you to live long enough to enjoy the fruits of your investments.

[5:28] A Creating Wealth Seminar and Property Tour is set for the end of March in Memphis, TN.

[6:49] Harry Dent has made some crazy predictions and will come back on the show to explain them.

[13:30] Information for the Venture Alliance Mastermind: Your Financial Friends event in Las Vegas.

Julie Benezet Guest Interview:

[17:01] Julie details her business planning efforts at Amazon.com.

[21:55] Amazon’s ‘Get Big Fast’ mantra required employees who knew the rules of distribution.

[24:40] How Amazon chose locations for their fulfillment centers.

[28:17] Unpacking Julie’s book to understand the 4 steps required to do business in the 21st century.

[34:59] Julie reviews the 4 steps.

[35:56] Germany was the location of Julie’s defining moment as a leader.

[42:35] Pay attention to your customers!  

Mentioned in This Episode:

Jason Hartman

Creating Wealth Seminar and Property Tour in Memphis

Venture Alliance Mastermind

JHart88 on Voxer

Foundation for Economic Education

Business Growth Consulting

The Journey of Not Knowing

Jason details an exclusive new financing option for income property investors which is now available as it has never been a better time to lock in a rate. Trump, the first real estate president, may be good for business but he will usher in inflation and rising interest rates. Also, Joe describes the changes Fannie Mae recently announced. They are now allowing investors to put 20% down on their first 10 properties, but with caveats. The important thing to remember is that once you own the property you have options.

Key Takeaways:

[3:03] Details for the next Venture Alliance Mastermind in Las Vegas.

[5:02] An exclusive financing offer for income property investors.

[8:02] Owning the paper and being the lender is Jason’s second favorite asset.

[17:07] When you are a real estate investor your tenant is your customer.

[18:01] Jawad Mian writes “Check your biases at the door; Trump is good for business.”

[21:44] Vancouver, British Columbia is experiencing a bubble, sales have plummeted by 40%.

[26:15] Fannie Mae allows borrowers to put 20% down or the first 10 properties.

[28:28] Interest rates are rising so lock the rate on your property rate now.

[33:22] 85-90 days in the maximum time to lock in a rate.

[34:53] Joe explains loan level price adjustments to rate.

[37:07] The Trump administration may replace the head of the Consumer Financial Protection Bureau.

[42:00] The ease or difficulty of qualifying for a loan.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Stray Reflections by Jawad Mian

Jason reveals how you can actually profit from prudent borrowing. Then Jason and Ben, a local businessman and caterer, discuss inflation and rising food prices.

Jason seeks to empower his investors with tools to assist them with self-managing their properties. The team offers complete solutions including inventory, property management tools and now exclusive financing with terms you will appreciate. Jason’s guest today is the founder of Rentec Direct, Nathan Miller. Nathan says his company is a client-focused program with a sweet spot of investors with 2-20 income properties.Tenant screening, automated payments and a property manager access option makes the tool accessible and easy to use.

Key Takeaways:

[1:38] Investor empowerment allows investors to control things in a positive way.

[4:09] The 3 major problems stemming from relinquishing control.

[5:55] The pathetic banks charge countless fees and don’t even pay interest anymore.

[20:38] Ask your Investment Counselor about our exclusive financing with reasonable fees.  

Nathan Miller Guest Interview

[25:07] Rentec Direct’s average client is an investor with 2-20 properties.

[27:06] The Rentec tool is designed to make a landlord’s life easier.

[32:16] Tenant screening is via Trans-Union.

[37:13] Rentec PM has the option to open an owner/investors portal and is 20% more.

[41:42] What differentiates Rentec Direct from their competition?

[47:17] Live chat support is available within the program.

Mentioned in This Episode:

Jason Hartman

Cozy

Rentec Direct

Jason welcomes Muthiah Nachiappan to the show. Muthiah is a client with 9 properties and an avid property management contract reader. He discusses his self-designed Property Management Survey, the garbage fees most property owners pay but don’t question and how he became interested in income properties. For property owners, Jason shares 4 options for property management and then the 3 options property management companies have if they want to stay in business and service their customers.

Key Takeaways:

[2:44] Property Management contracts always favor the person who is drafting them.

[4:06] Jason wants to disrupt the property management business through self-management, a la carte services and flat fee property management.

[7:38] How Muthiah get interested in income properties.

[11:28] Muthiah explains his Property Management Survey.

[16:01] A flat fee system gives the property manager an agreed upon percentage of any money that comes in.

[21:30] These 4 options for property management should be available to every property owner.

[26:52] Property management companies need to change their business model to provide a hybrid option.

[31:21] Let your property management company know that you are an educated and aware investor.

[33:48] Muthiah shares his future investment plans and his retirement objectives.  

Mentioned in This Episode:

Jason Hartman

Jason talks with Harvey Mackay author of the New York Times #1 bestsellers Swim With The Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt. Both books are among the top 15 inspirational business books of all time, according to the New York Times. In total, Harvey’s books have sold 10 million copies worldwide, been translated into 37 languages and sold in 80 countries.

Harvey is a nationally syndicated columnist for United Feature Syndicate, whose weekly articles appear in 52 newspapers around the country, including the Chicago Sun Times, Rocky Mountain News, Orange County Register, Minneapolis Star Tribune and Arizona Republic. He also is one of America’s most popular and entertaining business speakers. Toastmasters International named him one of the top five speakers in the world. At age 26, he purchased a small, failing envelope company in 1959 which has grown to a $100 million business employing over 600 people. MackayMitchell Envelope Company is one of the nation’s major envelope manufacturers, producing 25 million envelopes a day. As chairman, Harvey’s philosophy is engrained in the company, beginning with its motto: Do what you love, love what you do and deliver more than you promise.

Jason kicks this episode off with a financing offer for investors who have reached their Fannie/Freddie financing limit or are looking for an alternative to high-fee hedge fund loans. And later during the interview, the Executive Chairman of the Ayn Rand Institute, Dr. Yaron Brooks offers up his in-depth look at President Obama’s and President’s Trump’s governing styles. Dr. Brooks is the author of the best-selling book Equal is Unfair: America’s Misguided Fight Against Income Equality. He believes deregulation, decreasing taxes and shrinking government spending are the corrects paths to make the US government serve the American people in the manner intended by our forefathers.

Key Takeaways:

[2:10] Jason offers a limited supply financing opportunity, you can’t refuse.

[8:20] Trump’s temporary immigration ban is upsetting tech executives.

[15:54] Investing in paper investments when inventory is limited.  

Dr. Yaron Brook Guest Interview:

[19:16] Ayn Rand understood our culture so well she was able to predict the financial future.   

[23:04] What does Dr. Yaron Brook think about Trump?

[32:19] The president should be massively deregulating the US economy and shrinking government spending.

[40:32] Ayn Rand believed Libertarians didn’t focus enough on individualism.

[42:21] Altruism is the idea that a person should live for the sake of other people.

[45:29] Dr. Brook believes technology is the true reason for the loss of manufacturing jobs in America.

Mentioned in This Episode:

Jason Hartman

Refi 'Til Ya Die!

Ayn Rand Institute

Yaron Brooks Podcast

Equal is Unfair: America’s Misguided Fight Against Income Equality

Jason kicks off this episode with a reminder about the support he and his team gives their clients and his thoughts about the Trump administration and the forthcoming inflation. Guest Chris Porter is the coauthor of Big Shifts Ahead and the Vice President and Chief Demographer at John Burns Real Estate Consulting. Chris explains how demographic issues affect the real estate market, the economy and business cycles.

Key Takeaways:

[1:42] Advocating for clients is what sets Jason and his team apart from other real estate groups.

[7:03] Jason only does business with top-shelf vendors.

[9:14] An upcoming Memphis property tour?

[11:53] The inflationary economy and the real estate market should do well under the Trump administration.

[17:35] Income property is a multi-dimensional asset.

Chris Porter Guest Interview:

[24:05] Chris dives into the new book Big Shifts Ahead: Demographic Clarity for Businesses.

[26:37] Chris lists the nicknames given to generations which were based on the shifts they ushered.

[35:10] A generation is more likely to act like their grandparents than their parents.

[36:06] The impending shadow demand on the housing market.

[38:25] Immigration has fueled one-third of the population growth in the U.S.

[40:41] John Burns Real Estate consulting estimated home ownership will fall below 61% over the next 10 years.

[44:07] Southern markets are offering incentives to businesses for relocation.

[45:42] Defining urban, suburban and rural communities.

[50:16] Surban - Bringing the best urban qualities to a traditional suburban environment.

Mentioned in This Episode:

Jason Hartman

John Burns Real Estate Consulting

Big Shifts Ahead

The lending regulations have changed drastically within the past two years, causing investors quite a headache when attempting to buy America’s most tax-favored investment, income properties….

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!

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

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.

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.

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

Jason reminds us about the upcoming Meet the Masters of Income Property Live Event in lovely Irvine California. A special inventory of properties is being withheld from JasonHartman.com so attendees can purchase vetted income properties at the event. Jason’s guest on today’s podcast is Tom Schatz. Mr. Schatz is the President of The not-for-profit Citizens Against Government Waste (CAGW) and it’s lobbying affiliate, Council for Citizens Against Government Waste (CAGW). The group publishes the annual Congressional Pig Book to highlight areas where Congress mismanaged taxpayer dollars in the previous year. Jason immediately made a donation to this organization after the interview and if you care about holding Congress members accountable, maybe you should too.   

Key Takeaways:

[1:44] Irvine, California is the site of the 19th Meet the Masters of Income Property Event.  

[5:22] Electric vehicles may help eliminate the constant noise that surrounds us.

[7:35] The Consumer Electronics Show proves it is an amazing time to be alive.

[10:13] Why is the inventory on JasonHartman.com so low?

Tom Schatz Guest Interview:

[13:03] CAGW earmarks 5.1 billion dollars in 2016 in the Congressional Pig Book.

[14:32] Before 2008, Congressional members were not required to put their name in Appropriations Bills.

[18:04] Mismanagement of taxpayer dollars is the number one problem with how Congress spends.

[19:50] Trump will give a different perspective to the highest office in the land.

[21:22] Are term limits a solution to pork barrel spending?

[22:42] Transparency helps illuminate the problems in Washington, D.C.

[24:56] How to Get Involved with Citizens Against Government Waste.  

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Tickets

Citizens Against Government Waste

Council for Citizens Against Government Waste

Originally aired as CW 459

Jason still has remaining tickets to the Meet the Masters event. Remember, this will be the sweet 16 Meet the Masters event and there will be a lot of insightful experts at the conference. Do not miss out! In Jason’s Creating Wealth intro, he talks a little bit about the book The Future of the Mind by Michio Kaku and what he has learned from it. Today’s guest is a case study of one of Jason’s clients, Fernando. Fernando talks about his success in real estate as well as shares to the audience a bit about his background and where he came from.

The 19th annual Meet the Masters of Income Property is just three short weeks away. This revamped event will feature breakout sessions, top shelf speakers and in-depth discussions about what the rising inflation rates will mean for real estate investors. Jason’s guest is John Simpson. Mr. Simpson invested in the trailblazing Rent Reporters before it’s official launch because he believed in the business model. He now runs the company as CEO and is the corporate cheerleader to this fairly new, progressive company. Mr. Simpson shares the benefits of his service to both renters and landlords, how to participate in the process and testimonials about the benefit to those this service has affected positively.

Key Takeaways:

[2:01] Rising interest rates is just one of the subjects we will be discussing at the Meet the Masters of Income Property Event.

[3:36] Erin sent in an article from the Kiplinger Letter about the future of the economy and inflation.  

[9:49] What will Trump do to light the economy on fire?

[13:20] Garrett Sutton will be speaking at the 19th Meet the Masters Event.

John Simpson Guest Interview:  

[16:54] Before Rent Reporters there was no mechanism for tenants to get credit for their on-time rent payments.

[18:35] The benefit to renters is clear, but what is the benefit for landlords?

[20:05] This service makes the renter more accountable.

[21:36] The top 3 factors that determine a credit score.

[24:54] Many renters have no credit score or they are invisible.

[27:16] A landlord will be able to see renter’s payments for the past two years.

[32:27] Landlords are incented monetarily to get new clients for Rent Reporters.  

[38:22] The statistics that back the Rent Reporters business model.

Mentioned in This Episode:

Jason Hartman

The 3 Dimensions of Real Estate

Rent Reporters

Welcome to Creating Wealth 2017! The most important takeaway from today’s conversation is to start investing in real estate income properties now. If you already have an existing portfolio beef it up. Time is short and the longer you own a property the more money you make. Preserve your financial future. On today’s show,  Jason brings Naresh back after an 8-month absence to discuss the benefits of smoking, the problem with the financial media in the U.S. and the farce which is making money on tax liens and deeds.  

Naresh also shares his findings from his recent trip to Cuba.

Key Takeaways:

[1:35] If you haven’t started your real estate portfolio and secured your financial future the best day to do it is today.

[5:03] The benefits of smoking include being social.

[14:00] Thinking critically and holding opposing thoughts on the same subject shows a high level of intelligence.

[15:56] Drinking the kool-aid is easier than doing your homework when investing.

[17:34] The problem with the financial media is the people delivering the news are not business people.

[24:37] How to make money from investing in tax liens and deeds and why it’s not a good idea.  

[35:11] Naresh shares his experiences from his recent visit to Cuba.

[42:28] One of the few things Obama did that Jason agrees with is opening up Cuba.

Mentioned in This Episode:

Hartman Media

Jason Hartman

Creating Wealth Episode 417

Biohacking and Longevity Show

Holistic Survival Podcast

Venture Alliance Mastermind

Meet the Masters of Income Property