Wed, 24 January 2018
CW 947 - A Deep Talk on Asset Protection, LLCs, Corps, Etc. with Rich Dad Advisor Garrett Sutton, Part 1
Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.
As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.
[4:13] The impact of controlling the money
[7:45] How music has impacted societies around the world
[10:30] Want to go to the Icehotel in Sweden with Jason?
[12:58] The inside attack versus the outside attack
[16:41] California has the weakest asset protection laws in the union
[18:47] Why Wyoming LLCs can protect your other LLCs better than any other state
[23:21] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?
[25:31] Why is it called an "Armor 8" strategy and when is it a good choice?
[30:24] How the Wyoming LLC provided a win for a car wreck causer
Mon, 22 January 2018
Jason Hartman takes the reins for a whole episode, discussing how peer-to-peer interactions are disrupting industries all across the economy, how blockchain is now even infiltrating dating, and the government shutdown. He also shares the 10 biggest ICOs of 2017, which shows the amazing amount of money that's entering the cryptocurrency world, and also the movement for the 51st state in the US.
[3:17] A big thanks to intra-preneurs
[5:51] Cryptocurrencies are up against the most powerful forces humanity has ever known
[7:22] Blockchain is now being used for bedroom activities
[11:40] The disruption caused by Napster and programs like it, and how it impacted its industry
[13:36] 10 biggest ICOs of 2017
[17:43] The government shutdown is expensive administratively speaking
[19:06] The movement for a 51st state
[26:18] California has the highest poverty rate in the US
[28:46] Check the Meet the Masters app for speaker slides that have been updated
Fri, 19 January 2018
CW 945 FBF - Global Economic Structural Imbalances with Karl Denninger Author of ‘Leverage’ and ‘The Market Ticker’ Blog
Today's Flash Back Friday comes from Episode 285, from November 2012.
Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.
He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.
Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.
Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.
Wed, 17 January 2018
Jason Hartman and investment counselor Carrie take a look back at Meet the Masters 2018. The two discuss some of their big takeaways from the weekend, including property management tips, mortgage sequencing, internal and external threats, and lending practices.
[5:48] The Local Market Specialists gave some good insight into their markets
[9:56] Journey Captured was worth the expense
[13:09] A little tension in your relationship with your property manager is a healthy thing
[16:17] Sometimes you have to take leadership, even if you have a property manager
[20:48] The amazing statistic of mortgage sensitivity
[23:21] You have to understand the difference between internal and external threats, and the first step in asset protection
[29:15] The strategy in borrowing and why Jason likes the lenders in his network
Mon, 15 January 2018
The 20th Meet the Masters of Income Property is in the books!
Listen in on some clips of our speakers from the 3rd day.
Enjoy this wrap-up and we hope to see you at the next Meet the
[3:10] Brian Smith
[8:35] Gary Pinkerton
[14:23] Andrew Zatlin
[20:00] Aaron Chapman
[25:08] Lender panel
[33:32] Jason Hartman
[42:18] Investment Counselor panel
[44:00] Joyce & Aunt Joan
[46:57] The reluctant investor lament
Sun, 14 January 2018
The second day of Meet the Masters is in the books, and what a
Jason Hartman kicked off the day with a brief talk about the
Listen in as these great minds share their insights about real
[1:05] Jason Hartman
[5:16] Congressman Dr. Ron Paul
[13:40] Garrett Sutton
[18:45] John Burns
[22:16] Ken McElroy
[28:00] Ryan Schellhous
[33:56] Danielle DiMartino-Booth
Sat, 13 January 2018
The first day of Meet the Masters has concluded, with an amazing, jam-packed day of presentations and panel discussions. Get a taste of the day with these snippets from some of our speakers and panel members.
Hear Jason's views on mortgage increases and ownership rates, Quad Cities demographic breakdown, Pat Donohoe's Human Capital Statement, lender insights into down payment and getting loans
Fri, 12 January 2018
Today's Flash Back Friday comes from Episode 610, originally published in December 2015.
Our Meet the Masters of Income Property event is coming up soon and to start prepping for the affair Garrett Sutton introduces us to his topic of discussion for the event, asset protection. We talk about his new book and strategies for protecting your assets.
During the guest interview, Emily Filloramo helps us to unlock the fear and shame which may be holding us back from being the best we can be. She describes how childhood traumas may have a lasting effect in our business and personal lives. We need to recognize our negative self-talk and analyze our personal protective systems.
Garrett Sutton Intro:
[2:23] Asset protection advice from someone who knows the business
[4:09] The State of California is the worst place to do business in the U.S.
[7:11] What is your asset protection strategy?
[8:47] Series LLC’s
[10:16] Garrett has 10 books including 6 in the Rich Dad Advisor series and his new book
[12:04] Meet the Masters of Income Property, extra tickets are available
[13:04] Venture Alliance Mastermind meeting is in Dubai - Get your tickets now
Emily Filloramo Guest Interview:
[15:00] Pieces of ourselves which hold us back
[17:27] Going deeper to identify the part of you which is afraid of success
[18:52] People live through a mask especially in their 20’s and 30’s
[21:15] Feeling shame and not belonging at a young age
[23:47] Arrogance is a sign people are hiding shame
[25:18] Understanding psycho-spiritual healing
[28:44] Is it safe for you to reach a goal is a question which identifies negative self-talk
[31:07] A Nelson Mandela quote
[33:05] Self-sabotage in the face of fear
[36:36] Analyzing your protective system
[40:41] Contact information for Emily
Wed, 10 January 2018
Jason Hartman starts today's show with some final notes about Meet the Masters, which starts on Friday. There's some things you need to know in regards to availability after the event, social media opportunities at the event, and a special something being done with the Creating Wealth podcast at the event.
Then Jason talks with Barry Habib, renowned mortgage industry executive and founder of MBS Highway, about what to expect in the mortgage world in 2018. The two discuss why the media doesn't seem to get real estate, why real estate appreciation doesn't have to match stock market appreciation, mortgage tax deductions, and how the Roe v Wade decision actually impacted a housing bubble.
[6:16] Get your Meet the Masters tickets now. There may be a product to get the speeches after the event, but it won't include Ron Paul
[9:22] Jason will no longer call California the "Socialist Republic of California", but Californians have one person they really need to lean on for relief
[12:55] The hashtag for Meet the Masters will be #JHLive
Barry Habib Interview:
[14:18] Is Barry still bullish the US real estate market?
[18:23] The power of leverage, when a 6% return can dwarf 20%
[22:12] The interest you pay for your house goes to the lender, but the principle is STILL YOUR MONEY
[24:37] How much Barry expects mortgage rates to rise in 2018, and how it impact appreciation
[25:42] Why aren't people taking the mortgage tax deduction?
[27:23] The bullish sentiment is the highest it's been in about 20 years
[31:33] How Roe v Wade led to a housing bubble
"The mortgage paydown should be considered positive cash flow, that's really what it is"
Tue, 9 January 2018
CW 938 - Journey Captured Music at Meet The Masters & REI Journey to Success Client Case Study Part 2 with Sue & Gary Pinkerton
Jason Hartman kicks off the episode talking with someone who's about to set a new standard at the Meet the Masters conference this weekend. Journey Captured, a Journey tribute band, will be performing Saturday night at the first ever Meet the Masters Concert. Jason talks with Bass player Giorgio Tupanjanin about his musical training, why he plays Journey, and what to expect at the concert.
Then Jason finishes his client case study with Sue & Gary Pinkerton. This time Sue offers some tips on self-management, the frustratingly fragmented (yet helpful) nature of real estate investing, and why you can't consider anything a passive investment.
[1:59] A Journey tribute band will be playing at Meet the Masters
[3:50] Why Journey for a tribute band?
[6:28] Is jazz music one of the most technical styles out there?
[9:51] How Journey found their current lead singer
Pinkerton Case Study:
[15:16] Sue's tips on self-management
[18:52] The fragmented nature of single family real estate investing is frustrating
[22:13] There is NO SUCH THING as a passive investment