Creating Wealth Real Estate Investing with Jason Hartman

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