Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 508, originally published in April 2015.

Jason would like to remind his audience that the Memphis property tour is coming up and there's still a few seats left. Jason invites Brad, a market specialist for the Jackson, Mississippi market to give an extensive market profile on the area and why it's a good time to invest there. 

Key Takeaways:

5:35 – Jason welcomes Brad

9:20 – Brad sold some of his properties in 2005 and regrets it

15:40 – You can buy a house in Jackson for $50k and have it rent for $750

18:10 – Brad shares his thoughts on section 8 tenants

21:40 – Brad lists some key things he likes about Jackson

29:10 – There will always be people who will have a renter mentality and not purchase a home.

Website:

www.JasonHartman.com/Properties

Direct download: CW_987_FBF_LMS_Brad.mp3
Category:general -- posted at: 6:59pm EDT

Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.

Key Takeaways:

Jason Intro:

[3:19] Each time you have an experience you get a new impression

[7:21] Airbus is planning to allow passengers to go sleep in the cargo hold during flights starting in 2020

[10:31] You need to be in a mastermind group to expand your thinking and up your lifestyle (maybe the Venture Alliance Mastermind???)

Harry Dent Interview:

[14:15] What does Harry learn by looking at sunspots?

[18:30] There's both global warming and cooling going on right now thanks to sunspots

[20:28] Harry does NOT believe this is the time to be cutting taxes

[23:28] The greatest BS economic recovery in history

[26:32] How much does money trickle in this consumption driven economy that needs growth?

[29:25] Nobody takes downturns into consideration when planning the future

[32:59] When are we likely to see a spike in life expectancy?

[36:10] The wild card in predictions using demographics is the government's monetary & fiscalpolicy

[39:39] Why we're going to have a big revolution if things don't change

Website:

www.HarryDent.com

www.JasonHartman.com/Events

www.JasonHartmanCreatingWealth.com

www.VentureAllianceMastermind.com

Direct download: CW_986_Harry_Dent.mp3
Category:general -- posted at: 12:20am EDT

Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform.

Key Takeaways:

Intro:

[4:54] What the Icehotel Art Suites are like

[7:28] Join Jason in Philadelphia

Alan Beaulieu Interview:

[11:30] What's coming in the economy next

[13:29] What is "virtuous" and "non-virtuous" inflation?

[16:31] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security

[20:38] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think

[24:03] The 5 sources of inflation

[27:38] We're in a golden age with stable energy

[29:54] The 3 reasons Alan's excited about where we're headed

Website:

www.ITREconomics.com

Prosperity in The Age of Decline: How to Lead Your Business and Preserve Wealth Through the Coming Business Cycles

www.JasonHartman.com/Events

Direct download: CW_985_Alan_Beaulieu.mp3
Category:general -- posted at: 10:47pm EDT

Today's Flash Back Friday comes from Episode 493, originally published in March 2015.

In today's introduction portion of the Creating Wealth show, Jason Hartman invites Sarah on to the show to talk about the Memphis market. Jason also announces a property tour for the Memphis area in May, so be sure to buy your early bird tickets now before the price raises at JasonHartman.com. Today's Creating Wealth principle guest is Andrew Zatlin. He is an economists and is famously know for his Moneyball Economics. He sits down with Jason to talk about Hookernomics, how you can learn where the market is going by simply talking to escorts, the unstable Japanese economy, how gold will drop in prices, and much more on today's episode. 

Key Takeaways:

1:50 – Huge interest in the Memphis market right now.

6:05 – Jason talks about the Memphis property tour schedule and dates.

14:10 – Jason introduces Andrew to the show.

16:45 – Most policy makers out there have an old-fashioned way of approaching this very new economy that we're in.

27:16 – Andrew explains why he decided to interview escorts and prostitutes about the state of the economy.

42:00 – Andrew set out to find the true data points that really matter to our economy.

50:45 – China has created a super bubble for themselves and they are bond to crash.

53:20 – Japan doesn't make thing any more and they're also in big trouble. Andrew explains further.

57:30 – Jason and Andrew touch on the gold bug subject.

62:40 – There's a free report on MoneyballEconomics.com that shows you how vices, hookernomics, can show you what's going on in the economy right now. 

Mentioned In This Episode:

http://www.MoneyballEconomics.com

http://blogs.wsj.com/moneybeat/2013/10/22/southbays-zatlin-goes-moneyball-on-economic-data/

Direct download: CW_984_FBF_Andrew_Zatlin.mp3
Category:general -- posted at: 5:09pm EDT

Jason Hartman takes a victorious look at a recent Wall Street Journal story declaring that more people are viewing renting as a long-term solution to their housing situation. That is FANTASTIC news for landlords, and will put the upward pressure on rent that every investor wants. Jason also gives a few travel hacks for going on a trip to multiple climates, and includes another market profile from producer Adam, this time on the Indianapolis market.

Key Takeaways:

[2:25] The next decade of being a landlord is going to be amazing

[7:05] More and more people are seeing renting as a long term housing solution

[10:56] Jason's travel hacking tips for going on a multi-dimensional weather trip

[14:57] Indianapolis Market Profile

Website:

www.JasonHartmanCreatingWealth.com

Direct download: CW_983_Indianapolis_Market_Profile.mp3
Category:general -- posted at: 8:31pm EDT

Jason Hartman breaks down some important topics in today's show as he talks about one of the vital assets you have in your toolkit, and that's your credit score. With so many different companies and credit scoring models, it's key that you understand what impacts your score. You need to stay on top of it (and make sure it doesn't get TOO high because then you're not doing enough of what Jason thinks you should be doing).

Jason also looks into what kind of a job the Fed has been doing on their charter, opposition to Amazon, Google and Facebook, the myth of the Rented Home purchase, and some interesting results from his recent DNA test.

Key Takeaways:

[3:50] The Fed's job of evening out inflation has been...not so great

[7:29] Trump's opposition to Amazon and Jason's opposition to Google & Facebook

[9:57] Some disgusting behavior from Goldman Sachs around the time of the mortgage crisis is a PRIME example of how Wall Street treats the average person

[11:51] There are the big 3 credit bureaus for your FICO scores, but tons of factors that create each score, PLUS there are even more FICO scoring models out there

[13:43] If your credit score is too high you might not be borrowing enough money (but don't borrow for frivolous purposes, borrow for properties)

[17:45] A rundown on a few FICO scoring models

[21:54] Do millennials really understand inflation?

[23:32] The Rented Home Myth

[29:24] Jason gave in and did a DNA test

Website:

www.JasonHartman.com/Ask

Direct download: CW_982_Jason_Hartman.mp3
Category:general -- posted at: 11:33am EDT

Today's Flash Back Friday comes from Episode 482, originally published in February 2015.

On today's Creating Wealth show, Jason talks a little bit about mastermind groups and touches on an article that was released by USA Today on the subject of investments. Jason brings up some very interesting points on the minimum wage discussion as well as talks about conflict of interests in financial advisers. As always, Jason shares some timeless wisdom about the US dollar, commandments to live by, and more on the Creating Wealth show.

Key Takeaways:

1:30 - Jason talks about his mastermind group, Venture Alliance.

5:45 - Minimum wage increases always causes inflation.

11:00 - Give yourself small rewards along the way. 

13:40 Jason talks about commandment number nine.

17:20 - The American workspace is getting smaller as more people work from home.

23:15 - Jason talks about the gold bugs and other forms of currency.

27:45 - The US dollar will still be the reserve currency

30:10 – Jason does a deep dive into his personal commandments.

37:40 – There is no such thing as passive income.

41:00 – Jason's company looks for landlord friendly markets.

Mentioned In This Episode:

USA Today - Retirement Savings

You're Losing Your Office Space

US Dollar Most Crowded Trade

Direct download: CW_981_FBF_Jason_Hartman.mp3
Category:general -- posted at: 4:51pm EDT

Jason Hartman opens up the episode with client Muthia as they discuss a recent issue Muthia had with a provider that led to him filing a complaint and actually reaching a (relatively) positive conclusion.

For the off topic 10th episode, Jason talks with David Burkus, author of Friend of a Friend and Associate Professor of Leadership & Innovation at Oral Roberts University, about how to grow your network, develop key connections, the newest renaissance in business structure, new vacation policies, and more.

Key Takeaways:

Jason & Muthia Intro:

[4:05] Muthia's journey with one of the LMS' in Jason's network

[8:27] Paying taxes gets us the court system and regulatory agencies that allow you to file complaints against providers who take advantage of you

[13:15] Your duty as a citizen is to DO SOMETHING when people wrong you and others

[16:40] Join Jason in Philadelphia in May

David Burkus Interview:

[21:03] Is there a scientific method to networking?

[24:16] The best thing to do if you're trying to reach a specific contact

[30:19] The experimenting in getting away from the org chart

[35:15] You need to trust your employees and not punish the 99% because 1% couldn't be trusted

[37:43] Are things like unlimited vacation only available to companies with large funding bases?

[39:31] The most surprising thing about creativity

Website:

www.DavidBurkus.com

www.JasonHartman.com/Events

Direct download: CW_980_David_Burkus.mp3
Category:general -- posted at: 10:34pm EDT

Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more.

Key Takeaways:

[4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors

[8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK

[10:45] Which states have benefited most from foreign money recently?

[13:12] There is, no surprise, a housing shortage going on right now

[17:32] 1984 is coming true, but not the way we all expected

[21:02] Why big companies secretly want more regulation

[25:41] Are there any signs of an economic letup?

[29:37] The welfare state is getting reigned in a little bit

[34:31] Households are dedicating 10% of after tax income at a lower rate than 5 years ago

Website:

www.JasonHartman.com/Events

www.JasonHartman.com/Properties

Direct download: CW_979_Jason.mp3
Category:general -- posted at: 8:07pm EDT

Today's Flash Back Friday comes from Episode 302, originally published in February 2013.

Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question:  Why does government get bigger and bigger when we know it doesn’t work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs.

In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of “rigidity and scarcity.” At the same time, it opens the door to corruption.

Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. “When government undermines money, bad things happen,” laments Mr. Forbes. “When government says it’s here to help, watch out!”

Direct download: CW_978_FBF_Steve_Forbes.mp3
Category:general -- posted at: 6:14pm EDT