Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman begins today talking about a recent article on Globe St that discussed the 7 ways Generation Z will impact the commercial real estate world. Jason also discusses how it also impacts residential real estate.

Then Jason finishes his interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss the lack of home inventory and why the loosening of credit regulations isn't going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live.

Key Takeaways:

[3:58] Education is the shortest distance between poverty and wealth

[6:56] Generation Z is going to bring the suburbs back

[12:27] What the shift back to suburbs will do to companies

Matthew Gardner Interview:

[16:58] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory

[20:09] Factors that could trigger the next business cycle recession and what the next recession might look like

[24:27] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?

[24:18] Millennials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

Website:

7 Ways Generation Z Will Change CRE on GlobeSt.com

www.Windermere.com/Economics

Direct download: CW_1015_Matthew_Gardner2.mp3
Category:general -- posted at: 12:00pm EST

Today's Flash Back Friday comes from Episode 692, originally published in June 2016.

This episode starts out with an introduction on buy downs and then finishes up with a live recording of Jason’s session on SWOT aka Strengths, Weaknesses, Opportunities, and Threats, as they apply to the most historically proven asset class in the world. Jason explains why the imperfection and fragmentation of the U.S. real estate market make it a beneficial investment vehicle and why it outperforms Wall Street and stocks every single time.

Key Takeaways:

[2:50] What is a buy down?

[8:34] Looking at a real life example of points and how they affect your loan amount.

[16:07] Should you buy a rate down or is it better to put more money down?

[22:59] Why Wimpy from Popeye was a fantastic economic teacher.

[25:38] Real estate is a fragmented investment class but this is why it’s a good thing.

[38:59] Weaknesses of income property include property management and rent collection.

[41:45] Regression to replacement cost is different than appreciation.

[46:10] What are some threats to income property values?

Mentions:

Jason Hartman

Hartman Education

Direct download: CW_1014_FBF_SWOT.mp3
Category:general -- posted at: 12:00pm EST

Jason Hartman starts off the show giving President Trump credit where credit is due, and that's in regards to the summit in Singapore with North Korea. Trump has been able to get them to the negotiating table, which no other US president has been able to accomplish. Then, Jason gives a little warning about one of the scariest companies in the world today, Facebook.

In the interview portion today we have the first half of Jason's interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment. Part 2 of the interview will air tomorrow.

Key Takeaways:

[2:31] Give credit where it's due, Trump got the meeting with North Korea, that's historic

[8:45] All the (scary) ways Facebook is gathering your data

Matthew Gardner Interview:

[13:42] What's Matthew's take on what's going on in the macroeconomy

[16:30] What's going on with new home development? Will there be any break in inventory shortgage?

[20:43] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens

[24:18] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

Website:

www.Windermere.com/Economics

Direct download: CW_1013_Matthew_Gardner1.mp3
Category:general -- posted at: 5:53pm EST

In today's episode, Jason Hartman is joined once again by Financial Survival Network's Kerry Lutz. The two discuss some important news coming out of Washington these days, and that's the continued dismantling of the Dodd-Frank Act. As you know, Jason has long believed that the election of Trump would lead to this, and now it appears to be picking up steam as Obama holdovers are being replaced by Trump's people.

Jason & Kerry also turn their attention to the importance of protecting yourself from identity theft, as identity theft recently left one woman in jail for 7 weeks until she could prove herself innocent.

Key Takeaways:

[4:45] Big data still gets confused

[5:49] How can you protect yourself from identity threats?

[9:03] Your phone is probably your biggest threat for identity theft

[13:15] There are some things you HAVE to know if you're going to self-manage

[15:57] The latest news on Dodd-Frank

[20:42] Changes are taking place under Trump's new appointment Mulvaney

[22:22] Why these changes are good and bad for real estate investors

Websites:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Direct download: CW_1012_Kerry_Lutz.mp3
Category:general -- posted at: 3:22pm EST

Today's Flash Back Friday comes from Episode 746, originally published in November 2016.

This episode focuses on the opportunities which exist when self-managing an income property. First, Jason reviews a Business Insider article regarding dwindling investment property inventories. And later in the podcast, Jason is joined by Bill, who helps manage Fernando's Atlanta and Texas properties. Bill discusses the steps necessary when self-managing income properties.  He shares how to show a property using software tools, leasing a property to a new tenant and how to have tenants facilitate repairs and maintenance issues.

Key Takeaways:

[3:00] Unpacking the Business Insider Article: Pending Home Sales Jump Despite Painfully Tight Housing Market by Bob Bryan.

[4:08] If you are on the fence about increasing your income property portfolio do it in hybrid markets.  

[7:29] Real estate is a game of staying power.

[18:00] The ways Jason is working to empower his investors and arm with them with exceptional management tools.

[19:26] Bill’s work history makes him uniquely qualified to handle Fernando’s property management requirements.

[22:51] How to use Rently lockboxes when self-managing properties.

[27:14] Making a property rent-ready and contacting contractors through handiman websites.

[28:56] Tenants have a vested interest  when working with contractors to fix or maintain properties.

[31:53] When a property is self-managed tenants to take more responsibility for the property.

[35:42] Property Management Software does most of the back-office work for you.  

[37:12] What is required when leasing a property to a tenant?

Mentioned in This Episode:

Jason Hartman

Venture Alliance

Rently Lockboxes

Appfolio

Direct download: CW_1011_FBF_Bill.mp3
Category:general -- posted at: 12:00pm EST

Jason Hartman takes some time before this 10th episode interview to discuss the concept of the mini-family office and how you can incorporate VAs (virtual assistants) into the mix. Jason provides a litany of websites where you can find VAs, as well as an insight into what characteristics you need to be looking for. Then there's the monetary side of it: does it make financial sense to hire a VA to do this? Well, you can use the Hartman Property Management Metric to figure that out.

Then Jason talks with Peter Shankman, author of Faster Than Normal: Turbocharge Your Focus, Productivity, and Success with the Secrets of the ADHD Brain, about how people with ADHD can use it to their advantage, what actions people need to take in order to be successful in their ventures, how to figure out what your audience wants, and when to ignore your audience.

Key Takeaways:

[4:32] Using VAs to help with your mini-family office

[9:28] The type of VA you need to be looking for to help you with your family office

[11:17] The Hartman Metric is 1 hour per month per property to manage

[13:52] The urban legend of the 3am phone call

Peter Shankman Interview:

[19:35] How is ADHD a benefit?

[22:01] It's important to set up your life in a way that doesn't allow you to get derailed, and the 4 undeniable ADHD life rules

[25:05] You can lead the life you want, you just have to be willing to make the trade offs

[29:13] Your audience will tell you what they want and where they are, if you're willing to listen

[31:08] The only time you want to ignore what your audience is saying they want is when you're a part of a big market disruptor

Website:

www.ShankMinds.com

www.FasterThanNormal.com

www.REVAS.us

www.HireSmartVAs.com

www.ApartmentLines.com

www.IVAA.org

www.Freelancer.com

www.Upwork.com

www.TaskRabbit.com

Direct download: CW_1010_Peter_Shankman.mp3
Category:general -- posted at: 12:00pm EST

Jason Hartman talks with Financial Survival Network's founder Kerry Lutz for the whole episode today, as the two discuss the very important concept of financial repression. While financial repression is bad for individuals, it can be very lucrative for people who have invested in real estate properly in their younger years.

The two also discuss the current phenomenon of "tax refugees" being created by states like California, and where these refugees are fleeing too, as well as when they expect any economic pullback to happen and what Trump is doing that the mainstream media isn't paying attention to.

Key Takeaways:

[5:53] Make sure you get a home inspection and make sure you actually read it and learn the language

[9:11] What is financial repression?

[12:59] Financial repression is a great opportunity for those who invest in real estate

[16:35] Tracking the "tax refugees" leaving California

[23:06] What kind of economic outlooks has Kerry been hearing from the guests on the Financial Survival Network?

[27:04] The mainstream media is missing the fact that Trump is now making large chunks of the government irrelevant

Websites:

www.JasonHartman.com/Properties

www.FinancialSurvivalNetwork.com

Direct download: CW_1009_Kerry_Lutz.mp3
Category:general -- posted at: 5:07pm EST

Today's Flash Back Friday comes from Episode 734, originally published in October 2016.

Jason’s guest, Brian is a client and a longtime Creating Wealth Podcast listener. Brian describes his early days of real estate investing when Sara initially walked him through the buying process. The properties he purchased in Atlanta and Memphis have now matured and Brian is faced with making a decision. Should he refi-til-ya-die or to do a 1031 exchange and get 2 for 1 on his highly appreciated properties. Jason shares his insights on best business practices, how to use an IRA as a tax savings vehicle and recommends some “must read” books on real estate investing.

Key Takeaways:

 

[1:57] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast.

[3:19] Brian was pleased with the support he received from Sara and the Local Market Specialists.

[6:14] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties?

[9:55] The 2 for 1 exchange gives the owner all of the equity to reinvest. The refi-til-ya-die option is limited to the cash-out loan to value ratio.

[11:10] A refi may be a simpler option and offers a locked-in lower interest rate.

[13:38] Brian shares his real estate investor stories on his website Rental Mindset.

[14:59] When buying real estate inside of an IRA you get a tax efficient vehicle inside of another tax efficient vehicle.

[15:41] Read Garrett Sutton’s Loopholes of Real Estate.

[16:59] Rationalizing buying a property sight unseen.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Rental Mindset

Direct download: CW_1008_FBF_Brian_Case_Study.mp3
Category:general -- posted at: 12:00pm EST

From the studios of the Financial Survival Network, Jason Hartman and Kerry Lutz get together for this episode to discuss the softening of Dodd-Frank, changes in protections for renters in some markets of the US that are making it harder for landlords, potential uses for Blockchain that could significantly impact the way people invest, and some key economic lessons you have to teach your children.

Key Takeaways:

[5:49] Jason went and got stretched today, and it was quite the experience

[7:07] The FBI says you need to reboot your router ASAP

[8:45] The counter intuitive concept that is slowing home sales in the US

[11:58] If you can trade tokens instead of stocks the transaction fees can be sliced immensely

[15:23] The biggest commitment in precious metals to blockchain

[21:31] Jason & Kerry's thoughts on the changes to Dodd-Frank

[25:58] The #1 thing you need to teach your kids about economics: money always goes where it's treated best

[29:24] The Meet the Masters audio product is now available at HartmanEducation.com

Website:

www.HartmanEducation.com

www.JasonHartman.com/Properties

www.JasonHartman.com/Food

Direct download: CW_1007_Kerry_Lutz.mp3
Category:general -- posted at: 8:41pm EST

Jason Hartman starts off today's show on the heels of his weekend with the Venture Alliance Mastermind in New York. In the car with two attendees, Jason discusses why it's important to improve the level of conversation in your life and why this weekend was useful.

Then Jason talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be.

Key Takeaways:

[4:25] Try to up-level your conversations

[8:57] Come join Jason for a tropical vacation in November

Kristin Tate Interview:

[10:34] Are millenials just not paying attention to fiscal policies?

[12:33] We are being taxed EVERYWHERE, even when we don't see it

[15:43] Where some of your tax money is going probably isn't where you expect

[20:42] The debauchery tax & unintended consequences

[24:20] Awareness is step 1, what's step 2?

[27:50] The smaller the municipality the easier it is to get rid of the tax

[33:00] How did Kristin get into this line of work?

Website:

www.TheLibertarianChick.com

www.Twitter.com/KristinBTate

Direct download: CW_1006_Kristin_Tate.mp3
Category:general -- posted at: 5:55pm EST

Today's Flash Back Friday comes from Episode 749, originally published in November 2016.

Jason and guest Gary Pinkerton breakdown the article, 27 Charts That Will Change How You Think About the American Economy. Each chart represents changes in the US economy related to productivity, demographics or inflation. Highlights of the discussion include the possibility for people to work well past the current social security mandated retirement age, the lopsided amount of service jobs as compared to labor jobs and the real opportunity which exist for real estate investors based on the percentage of Americans with a sizable nest egg.

Key Takeaways:

[1:14] Phenomenal opportunities await real estate and income property investors.

[5:15] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings.

[9:46] Join us for the upcoming Venture Alliance Mastermind in Phoenix.

Gary Pinkerton Guest Interview:

[14:04] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[16:21] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[20:31] As the Service Industry grows, it is a clear indicator of progress and a higher standard of living.

[24:23] People have been dropping out of the labor force since the year 2000.

[26:54] The real estate charts show growth in urban areas.

[31:29] Analyzing chart #19, Inflation-adjusted housing prices.

[36:42] Housing prices have grown a lot faster than construction costs.

[41:06] The ways Americans retire are changing.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Venture Alliance

27 Charts That Will Change How You Think About The American Economy.

Paradigm Life - About Gary Pinkerton

Direct download: CW_1005_FBF_Gary_Pinkerton.mp3
Category:general -- posted at: 2:24pm EST

Jason Hartman starts off today's episode with a little talk on where interest rates may be headed (according to one economist) and how that would impact current real estate investors. Hint: it's a pretty good thing. He also has to throw in a qualifier to his "Amazing time to be alive" mantra, because there are a few things that aren't amazing right now.

Then Jason finishes up his interview with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, as the two discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[4:12] A qualification to the beloved Jason mantra of "It's an amazing time to be alive"

[7:18] Let Jason control the music and he cares not who controls the laws and the money

[12:13] What Martin Armstrong thinks interests rates will be jumping to

[15:28] Investors already in the game are praying for higher interest rates

John Tamny, Part 2

[20:18] Automation is going to lead into a surge in new kinds of jobs

[25:00] The demand for entertainment and service is going to explode

[26:49] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[28:29] John's thoughts on Universal Basic Income

Website:

www.JasonHartman.com/Properties

www.RealClearMarkets.com

Direct download: CW_1004_John_Tamny2.mp3
Category:general -- posted at: 4:40pm EST

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Direct download: CW_1003_John_Tamny1.mp3
Category:general -- posted at: 3:03pm EST

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?

The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.

Key Takeaways:

[2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.   

[6:16] Rate locks - Should you let it float or lock it in?

[9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency.

[13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so.

Dr. David D’Ambrosio Client Case Study:

[17:34] Dr. David D’Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate.

[19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando.

[21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation.

[23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close.

[26:08] It’s frustrating more people, doctors in particular, aren’t investing in real estate. It’s an absolute no-brainer.  

[32:16] Local community banks will provide financing to investors after they reach their traditional property limit.

[38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash?

[40:27] The deferred down payment option offered a nine-year break even point.

[43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Direct download: CW_1002_FBF_Dr_David_DAmbrosio_.mp3
Category:general -- posted at: 3:55pm EST

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason.

Website:

www.JasonHartman.com/Events

Direct download: CW_1001_Mini_Case_Studies.mp3
Category:general -- posted at: 6:45pm EST

Today is a milestone episode, number 1000! A big thanks goes out to all the guests who have come on the show and all the client case studies who have come to share their real estate journey. The first half of the show is a thanks to them.

The 10th episode for today is Jason Hartman talking with singer Colbie Caillat about how she managed to start her career using MySpace, as well as how she's handled rejection in her career, how she found her creative work process, dealing with rejection, and more.

Key Takeaways:

[4:38] Thank you to all the guests who've come on the show

[9:25] A few listener soundbites from client case studies

Colbie Caillat Interview:

[15:04] Where did the idea to launch her career on MySpace come from?

[18:00] The song writing process

[23:18] Who was the song Capri written for

[26:48] How Colbie stays healthy on tour

[31:12] Dealing with professional rejection

Website:

www.JasonHartman.com/Events

www.ColbieCaillat.com

Direct download: CW_1000_Colbie_Caillat.mp3
Category:general -- posted at: 4:55pm EST

Today's Flash Back Friday comes from Episode 803, originally published in March 2017.

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

Direct download: CW_999_FBF_Investment_Panel.mp3
Category:general -- posted at: 12:00pm EST

Today's episode starts with an invitation to Jason's Philadelphia Creating Wealth seminar that's coming up soon. He also finishes his talk with Doug about portfolio reviews and making your money actually work for you.

Finally Jason talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe.

The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future.

Key Takeaways:

Intro with Doug:

[6:48] Your returns can be dampened by lazy money, make that money work for you

[9:27] Return on equity percentage can tell you when to rebalance your portfolio

[13:52] Why corporate finance tracks return on equity so much

Eric Pichet Interview:

[16:25] There's no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas

[20:09] Eric's take on Jason's 3 types of market belief

[21:19] Why Jason thinks the European home market is much slower than the US

[24:54] The series of economic events that led to French citizens being interested in real estate

[26:52] The sentiment about cryptocurrencies in Europe

[30:53] How are cryptocurrencies viewed by governments and central banks?

[33:40] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism

Website:

www.JasonHartman.com/Events

www.EricPichet.fr

Direct download: CW_998_Eric_Pichet.mp3
Category:general -- posted at: 4:10pm EST

Jason Hartman starts off the show with client Doug about portfolio makeovers, why you should stay in the game for the long run, and the fallacy of the passive investment. Doug got out of the real estate business just before the (positive) market correction and missed out on a lot of money.

Then, Jason finishes his client case study with Muthiah. This time the two look at the actual process of Muthiah filing a claim against a bad provider and how he was about to get restitution after some avenues had failed. Jason also explains how to get a hold of his Hall of Shame resource list, and why you should file complaints even if they're not likely to help you alone.

Key Takeaways:

Jason & Doug Intro:

[5:05] There's no such thing as a passive investment, but there are some things that are easier

[9:16] If you do the math properly, real estate versus the stock market isn't even a competition

[12:15] The problem with being too passive is you don't learn from your successes or failures

Muthiah Client Casey Study, Part 2

[20:00] Muthiah has never tried to self manage his current 20 properties

[23:00] Want Jason Hartman's Hall of Shame resource list? Fill out any form on JasonHartman.com

[25:18] Muthiah's process of filing complaints against the provider

[29:48] You're not just filing these complaints for yourself, it's your duty to protect other people

Website:

www.JasonHartman.com/Properties

Direct download: CW_997_Muthiah_2.mp3
Category:general -- posted at: 4:15pm EST

Today's Flash Back Friday comes from Episode 801, originally published in March 2017.

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:

www.VentureAllianceMastermind.com

www.PropertyTracker.com

The Greatest Management Principle in the World, by Michael LeBoeuf

Direct download: CW_996_FBF_Investor_Panel.mp3
Category:general -- posted at: 3:41pm EST

Today's episode is another in property management education. It's crucial that you identify the weak link in all your investments, as well as figuring out a safeguard against them. When it comes to your real estate investing, it's quite possible that your weak link is your property manager.

After his intro, Jason Hartman has part 1 of a client case study with Muthiah, where the two discuss an incident Muthiah recently had with a vendor, and what actions you can take when you're being wronged.

Key Takeaways:

Jason Intro:

[5:25] Cutting out the middle men - property managers

[9:08] One of the best decisions Jason made when he got into the nationwide real estate business 14 years ago

[13:09] Looking for the weakest link in your investments

[17:30] Jason's been accused of being a complainer, but is that such a bad thing? Complainers change the world

Muthiah Client Case Study:

[22:27] What happened to Muthiah that created tension with the seller

[24:55] If the seller wants to close before the repairs are completed, the only way you accept is if they have money held in escrow in case they don't do what they promised

[28:00] The two ends of the company spectrum

[30:51] What Jason wants you to negotiate with your property management contract

[34:52] The inherent conflict of interest with property managers

Website:

www.JasonHartman.com/Events

Direct download: CW_995_Muthiah.mp3
Category:general -- posted at: 5:47pm EST

Jason Hartman wants to prepare you for the coming revolution. The self management revolution is coming, and it's time to see if you're up for the challenge. There are things that you need to do before you take the plunge, and Jason outlines some of them here.

Then, Jason talks with CEO of the NHP Foundation, Richard Burns, about the affordable housing crisis in the United States. The current method of creating affordable housing isn't working for anyone, but Richard thinks there's a way that it can be solved that benefits all parties.

Key Takeaways:

Jason Intro:

[2:34] The coming revolution of self-management

[5:36] Drew's first taste of self-management

[7:45] Some steps to take before going full self-management

[11:09] Freddie Mac's new program

[15:23] Join Jason for his events in Philadelphia and New York, www.JasonHartman.com/Events

Richard Burns Interview:

[17:45] What solutions are available for affordable housing?

[20:38] The two components of real estates value

[22:20] We are nowhere near meeting the affordable housing demand, so what do we do?

[26:17] Where did the high paying, real careers go that made people end up in careers that were meant to be stop-gap jobs?

[28:25] What does Richard's non-profit do?

[31:59] Richard's thoughts on rent control

[33:51] What the Baby Boomer survey showed

Website:

www.NHPFoundation.org

Direct download: CW_994_Richard_Burns.mp3
Category:general -- posted at: 9:30pm EST

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:

[1:56] National Association of Realtor’s article about home sales in January.

[5:24] Single-family homes sales are up and inventory is low.

[8:49] The Trump administration is a boon for the economy.

[9:34] A Goldman Sachs report says interest rates will rise.

[15:59] Venture Alliance Weekend and Memphis Property Tour details and dates.

ASSET MATRIX - Recording from Phoenix Live Event

[18:27] Inflation induced debt destruction by way of a mortgage.

[20:34] Jason explains how the government manipulates inflation numbers through hedonic adjustment.

[27:59] The ultimate investing equation.

[35:21] Anything that does not produce income is not an investment.

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

[39:14] The IRS does not account for inflation.

[42:28] During deflationary periods people default on their loans.

[44:51] 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

Direct download: CW_993_FBF_Asset_Matrix.mp3
Category:general -- posted at: 4:28pm EST

In today's episode Jason finishes off his idea of "crowding out" and the damages it can have on our society. Then he explores the idea of various types of deserts, including investment deserts.

Finally, Jason talks with Sara McFarland from Homee on Demand, a new app that's aiming to make property management from afar easier than it's ever been before. Your tenant can alert you to a problem, send you a picture of the issue, you can get a quote, and verify the issue is taken care of.

Listen in as Sara McFarland gives a rundown of the service, how they ensure you don't get ripped off, and how you can best use it in your portfolio.

Key Takeaways:

Jason Intro:

[2:57] Jason finishes off his point of "crowding out" from the last episode

[5:29] Various types of deserts, including investment deserts

[9:51] Have a service you think Jason can use? Talk to him about it and keep the money "in the family"

[16:39] The Hawkins family 5 year plan

[22:08] You need to invest in hard assets that keep up with inflation

Homee Interview:

[28:59] How Homee keeps vendors from cheating

[31:17] Can you use Homee as a self manager?

[33:18] Homee helps teach you more about your home

Website:

www.HomeeOnDemand.com

Direct download: CW_992_Homee.mp3
Category:general -- posted at: 6:09pm EST

Jason Hartman discusses some key aspects for real estate investors. One of the most important, and most visible, components of investing is interest rates, and there are some absolutely critical things you need to remember about them. Interest rates impact real estate supply and demand, and home affordability. People buy homes based on payments, not price, and mortgage rates impact those dramatically.

Jason also looks at why some libertarians just don't pay attention to an economic reality and gives a big announcement about the Creating Wealth seminar in Philadelphia in May.

Key Takeaways:

[2:00] Why maintaining control is important when dealing with big, too big to fail, companies

[7:23] Jason's mom has seen the effects first hand of what giving people money can do

[11:05] Jason's thoughts on "crazy libertarians"

[15:46] What interest rates do to real estate supply & demand, and affordability

[18:40] Big announcement about the Creating Wealth Seminar on May 19th

[23:18] Housing prices is a flawed metric, you have to look at the average mortgage payment amount

[27:59] Supply of homes is constrained

Website:

www.JasonHartman.com/Events

Direct download: CW_991_Jason_Hartman.mp3
Category:general -- posted at: 5:41pm EST

Today's Flash Back Friday comes from Episode 530, originally published in June 2015.

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode. 

Key Takeaways:

[2:25] What did Fernando think of the first Venture Alliance mastermind meeting?

[10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors

[14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th

Bob Proctor Interview:

[17:05] Bob helps people recognize who they are, how to set goals, and much more

[20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change

[26:55] The U.S is filled with creativity compared to other countries like China, for example

[29:50] What's Bob's thoughts on The Secret?

[34:25] How do we find our purpose?

[38:05] Bob gives some quick tips on how to accomplish your goals.

[39:35] Do your work, put your heart into it, and the sky will clear

Website:

www.ProctorGallagherInstitute.com

Direct download: CW_990_Bob_Proctor.mp3
Category:general -- posted at: 4:36pm EST

Jason Hartman starts today's show with a discussion on how real estate investing is going to continue to get better and more efficient, technologically, how business ventures are easier than ever, and how amazing the US real estate market really is.

Then Jason talks with Jason van den Brand, CEO & Co-Founder at Lenda, an online mortgage platform. The two of them discuss the current status of the mortgage market, what kind of easing or tightening we might see in the near future, how Lenda is able to cut fees in the lending process, how to get a rate quote, and more.

Key Takeaways:

Jason Intro:

[3:43] Know that things are only going to get better when it comes to technology helping us make things more efficient

[7:16] The adoption/absorption rate of technology is amazing

[10:54] Starting a business is easier and cheaper than it's ever been

[14:46] The US has a very special real estate market

Jason van den Brand Interview:

[17:20] What is Lenda?

[20:04] What Lenda is expecting to happen in the mortgage market this coming year

[24:35] The loans that are available through Lenda

[29:20] What you need to do to get a rate quote

[32:37] Is mortgage regulation going to loosen in the near future?

[35:03] Does Lenda have the same fees as conventional lenders or do they differ?

Website:

www.JasonHartman.com/Events

www.Lenda.com

Direct download: CW_989_Jason_van_den_Brand.mp3
Category:general -- posted at: 11:34pm EST

Jason Hartman does this episode from the US territory of Puerto Rico, where he's spent a few days seeing if he wants to live in this tax haven. The thing about Puerto Rico, however, is that while it might be a place with low tax, it's not a place with low real estate prices.

Then, Jason talks with Jake Bernstein, author of Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite, about what the Panama papers are, why they're important, and what kind of impact we should expect to feel from the fallout.

Want to know why tax revenues are low, how governmental agencies have been paying spies for years, or more on the Rothchild family? Listen in to learn how the Panama papers can help you find out.

Key Takeaways:

Jason Intro:

[4:26] Puerto Rico real estate is NOT cheap

[6:46] Join Jason in Philadelphia for the Creating Wealth seminar

Jake Bernstein Interview:

[9:40] What are the Panama papers?

[13:36] Why do the Panama papers matter?

[17:53] Jake isn't as optimistic as Jason about how much money the new tax reform will repatriate

[20:59] Some of the scandals to be unearthed by the Panama papers

[25:19] The CIA & IRS' involvement in the Panama papers

[30:45] Is the Rothchild family in the Panama papers?

Websites:

www.JakeBernstein.net

Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite

Direct download: CW_988_Jake_Bernstein.mp3
Category:general -- posted at: 5:15pm EST

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 EST

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 EST

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 EST

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 EST

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 EST

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 EST

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 EST

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 EST

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 EST

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 EST

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond.

As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better.

Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang.

Key Takeaways:

[3:43] Rising rates are making the inventory shortage even worse

[6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it

[9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest

[13:08] Memphis market profile

[24:47] The IRS is coming after owners of bitcoin

[29:21] Get ready for the Creating Wealth event in the Northeast

Website:

www.JasonHartman/Events

www.JasonHartman.com/Ask

Direct download: CW_977_Rates_Up_Inventory_Down.mp3
Category:general -- posted at: 3:16pm EST

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

Direct download: CW_976_Dana_Dunford.mp3
Category:general -- posted at: 3:18pm EST

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the ‘pope” of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve’s second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University’s Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

Direct download: CW_975_FBF_Steve_Dexter.mp3
Category:general -- posted at: 8:30pm EST

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.

The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate.

Key Takeaways:

[2:10] You must, you must, you MUST (promise me you will) get a home inspection

[4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible!

[10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs

[12:48] What kind of rates can you get today with 20% down?

[16:02] Are people still taking out adjustable rate morgages for investment properties?

[18:48] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow

[24:34] The inverse correlation between bonds and rates

[26:35] The best strategy ever is to lock in as many 30 year fixed rates as possible

Website:

www.JasonHartman.com/Properties

Direct download: CW_974_Rate_Hikes.mp3
Category:general -- posted at: 5:01pm EST

Jason Hartman takes this episode to delve into some important happenings in the real estate world today. Some of Trump's recent moves have been bringing jobs back to the states, and companies are expected to bring money back, and it's creating good times for a lot of people.

With that good time comes something every real estate investor can enjoy, rent inflation. BUT, when times are good it's important to be vigilant with your providers and make sure they're not getting lazy.

Key Takeaways:

[3:58] Jobs are coming back to America

[7:27] Rent inflation is coming

[12:46] As a real estate investor, it's critical that you remember who your customer really is (hint: it's the tenant)

[16:05] In a booming economy, the big job as a real estate broker is the job of sorting people out

[20:12] Sometimes the booms can make providers a little sloppy, so it's important to stay on top of property managers and the like

Website:

www.JasonHartman.com/Properties

Direct download: CW_973_Mason.mp3
Category:general -- posted at: 8:00am EST

Today's Flash Back Friday comes from Episode 111, originally published in October 2009.

Would you like to escape the rat race? Famous "Rich Dad" author and speaker in the areas of personal finance, real estate and business, Robert Kiyosaki joins Jason Hartman for a discussion on success and passive income.

Website:

www.RichDad.com

Direct download: CW_972_FBF_Robert_Kiyosaki.mp3
Category:general -- posted at: 4:35pm EST

Jason Hartman starts off the show discussing how home sales are strong, even if they're a lagging indicator, and where exactly they're really taking off.

Then Jason talks with client Brandon Cook, a young member of the Venture Alliance Mastermind, about his journey investing in real estate. Brandon is currently the owner of 6 properties and is looking forward to more, and talks about breaking through the initial hurdle of investing.

Key Takeaways:

[2:33] Home sales are very strong, but remember they lag

[4:57] A suprise in the hottest housing market category

[11:41] Jason's latest book recommendation: The Effective Executive

Brandon Cook Interview:

[16:35] Brandon discovered Creating Wealth and started listening at Episode 48

[22:05] The first one is always the hardest

[30:41] What has Brandon learned on his investment journey

[33:20] Introducing the Jr Venture Alliance Mastermind membership!

Website:

www.VentureAllianceMastermind.com

www.JasonHartman.com/Properties

The Effective Executive
https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459

Direct download: CW_971_Brandon_Cook.mp3
Category:general -- posted at: 5:35pm EST

Jason Hartman starts today's show with a recap of the JHU Live event from this past weekend and a preview of a future event in the Northeast.

Then, in his 10th episode interview, Jason talks with Benjamin Hardy, author of Willpower Doesn't Work: Discover the Hidden Keys to Success, about how to time hack, be much more productive, the difference between successful people and the unsuccessful, relative ease in 10Xing your business, not using your circumstance as an excuse, and more.

Key Takeaways:

[4:51] You can't separate politics from personal finance in today's world

[9:05] There's now a Venture Alliance Jr membership level for those under 35

Benjamin Hardy Interview:

[10:29] The premise of Slipstream Time Hacking

[14:18] You can choose to think of time as away or as a distance

[18:33] What would Ben's response be to someone who said his book was just "work harder and faster"?

[20:37] 10X thinking is a lot easier than 2X thinking, and it works, just look at Ben's life

[23:23] What can we do on a daily basis to hack time?

[26:57] How Ben invested in the right relationships to grow his exposure so quickly

[30:44] Your behavior shapes your personality

[33:35] You need to regularly get out of your routine environment

[37:44] Don't use your circumstances as an excuse

[41:40] It's not your personality that shapes your choices, it's your choices that shape your personality

Website:

www.JasonHartmanIcehotel.com

www.JasonHartman.com/Ask

www.BenjaminHardy.com

Direct download: CW_970_Benjamin_Hardy.mp3
Category:general -- posted at: 4:37pm EST

Today's Flash Back Friday comes from Episode 647, originally published in March, 2016.

Jason answers questions from his highly-intelligent listener base. Clients inquire about interest rates, the 5-year outlook of rental income real estate and using self-directed IRA money to invest in income properties. Jason shares his strategies and tools on how he formulates his predictions on the multi-dimensional asset class of real estate income property, why he doesn’t like using cap rates for residential property evaluations and accessing the Property Tracker software to project future values. 

Key Takeaways:

[2:00] Income property is the most historically proven asset class

[5:45] Listener questions from the Salt Lake City JHU event

[8:04] Predicting interest rates

[9:38] Advantages to the suburban market in a linear market

[12:22] Stress testing your portfolio

[15:44] 3 dimensions of real estate - Values and rental incomes are counter-cyclical

[16:53] Why is income property real estate investing so attractive?

[19:15] Cap rates are not useful metrics for residential income property evaluations

[22:13] Using Self-Directed IRA money for an investment

[24:52] Property Tracking Software to see your properties 10-year projection

[27:35] The next Venture Alliance Mastermind will be on Jekyll Island in Georgia

Websites:

http://www.grantspub.com

The Creature from Jekyll Island

www.VentureAllianceMastermind.com

Direct download: CW_969_FBF_3_Stress_Tests.mp3
Category:general -- posted at: 5:44pm EST

Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors.

Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.

Key Takeaways:

[3:23] The new tax plan and bonus depreciation

[8:04] The massive change in deductions for major repairs

Jim Puplava Interview:

[13:54] Will the new tax plan expedite people and companies leaving high tax states?

[18:42] Hidden taxes in states like California

[19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?

[22:42] Jim's current inflation thoughts

[26:12] How much longer can the US continue to kick the can down the road when it comes to the debt?

[29:38] Why double inflation arbitrage is fantastic for real estate investors

[32:52] What the next downturn is going to look like

[38:10] Jason's new theory

Website:

www.JasonHartmanUniversity.com

www.FinancialSense.com

Direct download: CW_968_Jim_Puplava.mp3
Category:general -- posted at: 11:55pm EST

Jason Hartman starts up today's episode reminding people that if you want true wealth, don't spend your money on things that diminish it, spend it on investments. He also discusses the biggest fear investors have today, and the need for investors to align their interests with the big powers.

Then Jason finishes up the webinar that was started in CW 966. In closing, he touches on why he loves housing over retail and commercial, the difference in types of inflation, and why he prefers single family homes over duplexes, triplexes and quadplexes.

Key Takeaways:

[2:34] Own the investments and don't buy the things that diminish your wealth

[5:43] The biggest fear most investors have nowadays

[9:33] Inflation fears are seeping through the market, and it means good news for real estate investors

[13:37] Save yourself a lot of heartache and just align your interests with the greatest forces the world has ever seen

Webinar:

[20:10] You can outsource jobs and retail, but you can't outsource homes

[22:15] The difference between real and nominal inflation

[25:27] Does Jason have a preference between single family, duplexes, triplexes, or quadplexes?

[29:44] Some of the linear markets Jason likes

Website:

www.JasonHartmanUniversity.com

Direct download: CW_967_Webinar_Part_2.mp3
Category:general -- posted at: 10:06pm EST

Jason Hartman starts today's episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there's no such thing as a bulk discount in real estate. He also talks about what's going to cause upward pressure on rents.

Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today.

Key Takeaways:

[2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3

[3:49] We're used to a discount when we buy things in bulk, but that doesn't work in real estate

[7:30] We are bound to see significant upward pressure on rents

Webinar:

[10:28] Jason's back story in real estate investing

[13:25] There are really 400 local real estate markets, not a US housing market

[17:50] When Jason realized there were 3 different types of markets, and what they are

[21:54] We have some scary things going on in the economy, but overall it's still an amazing time to be alive

[25:44] We are at an inflection point in technology

[30:33] The demographics coming at the rental housing market over the next 10 years are phenomenal

[34:33] Explaining Commandment #8

Website:

www.JasonHartmanUniversity.com

Direct download: CW_966_Jason_Hartman_Webinar.mp3
Category:general -- posted at: 4:40pm EST

Today's Flash Back Friday comes from Episode 18, originally published in June 2007.

How prudent real estate investors BENEFIT from inflation in two big ways! Here is how to use leverage prudently to maximize returns and reduce risks.

Website:

www.JasonHartman.com/RadioShows

Direct download: CW_965_Reduce_Risk.mp3
Category:general -- posted at: 5:14pm EST

Jason Hartman kicks off today's episode with some big cryptocurrency news out of Venezuela and Poland this week that show both strength and weakness for the market, plus producer Adam interviews one of the Indianapolis Local Market Specialists about what makes Indy a good place to invest.

Then Jason finishes up his interview with Jeff Cronrod. This time they focus on best practices for property management and how to properly (and legally) screen tenants.

Key Takeaways:

[2:07] There's better ethics involved in taking the long term approach

[7:07] Poland's Central Bank paid YouTubers to slander cryptocurrencies

[9:08] Venezuela's massive oil based cryptocurrency

[10:21] Indianapolis Market Profile from a Local Market Specialist

Jeff Cronrod Interview, Part 2:

[20:02] Jeff's property management best practices, and proper tenant screening

[24:18] What sort of reports are available for landlords?

Website:

www.JasonHartman.com/Properties

www.JasonHartmanUniversity.com

www.AAOA.com

www.TenantAlert.com

Direct download: CW_964_Jeff_Cronrod_2.mp3
Category:general -- posted at: 5:40pm EST

There's a disease infecting millions of Americans, but few people are addressing it. That disease? The entitlement disease. Jason Hartman looks at the symptoms of the disease, and how a simple change in viewpoints can bring a person out of that spiral.

Then Jason talks with Jeff Cronrod, founder of the American Apartment Owner Association & founder of Rent Recovery Service, about his new program called Lease Guarantee, and how landlords need to take a more aggressive approach toward tenants who don't pay.

Key Takeaways:

[4:39] The dangers of the entitlement disease

[8:14] When you take all the advantages of real estate for a few years, it's hard to unwind

[13:30] What happens when you view your life like you're the source

[19:09] The simple key to success in business

Jeff Cronrod Interview:

[22:02] What is Lease Guarantee?

[24:18] How much does the Lease Guarantee cost and what exactly does it cover?

[28:32] The steps you have to go through when a tenant misses their rent payment

[31:40] What judgement do you need to get for Lease Guarantee to pay out?

Website:

www.JasonHartmanUniversity.com

www.AAOA.com

www.TenantAlert.com

Direct download: CW_963_Jeff_Cronrod.mp3
Category:general -- posted at: 6:37pm EST

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice.

Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management.

Key Takeaways:

Jason Intro:

[2:46] The barbell that is crushing the supply of affordable homes

[6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption

[9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it

[13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down

Scott Client Case Study, Part 2

[21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago

[23:51] Scott's experience with the property managers in Jason's network

[28:25] The difference in self-management in office space versus residential

Websites:

www.JasonHartmanUniversity.com

www.JasonHartman.com/Properties

Direct download: CW_962_Scott_2.mp3
Category:general -- posted at: 3:36pm EST

Today's Flash Back Friday comes from Episode 622, originally published in January 2016.

This episode can be summed up by the popular saying “Everyone is a genius in a bull market”. Many financial hosts warn against taking on debt to build wealth. Jason clearly illustrates why we should be using fixed rate mortgage as a financing vehicle and outsourcing debt to tenants while enjoying the tax advantages.

Naresh is not a real estate investor, yet. He has come up with some basic, but necessary questions for Jason which will help him and all of you budding, soon to be real estate income property investors out there. Jason reminds us “real estate is the most historically proven asset class” and carefully lays out his answers in easy to understand, common sense terms.

Key Takeaways:

Jason’s editorial:

[2:35] Predicting market cycles would be easier if governments and central banks didn’t interfere

[8:41] The business cycle is an economic concept which affects real estate

[10:14] The Reluctant Investor’s Lament poem by Donald Weill

[17:46] Everybody’s a genius in a bull market

[19:55] Our Investment Counselors are geographically independent, market-wide gatekeepers

[23:21] Our organization has relationships with local market specialists which give clients leverage

[26:53] New clients need at least 24% cash down when purchasing a property

[29:37] The rise of the “debt bigots”

[33:38] Debt is a powerful thing, you must be wise with it

[34:30] Always use debt as leverage when purchasing real estate income properties

[37:09] A fixed rate mortgage guarantees your rate for 30 years plus tenants pay off your debt

[38:33] Podcast feeds are divided and education is free

Websites:

www.JasonHartman.com

www.VentureAllianceMastermind.com

Direct download: CW_961_FBF_Market_Trends.mp3
Category:general -- posted at: 4:02pm EST

In this 10th show, Jason Hartman talks with Dawn Maslar, author of the new book Men Chase, Women Choose, The Neuroscience of Meeting, Dating, Losing Your Mind & Finding Love, about the biological path from meeting to falling in love. Dawn's research has led her to discover what truly attracts us to the opposite sex, what we can do to change some of our bad subconscious habits, her thoughts on online dating websites, and a very disturbing truth about some of the perfume that's out on the market.

Key Takeaways:

[6:17] Attraction is, biologically, meant to be temporary

[7:22] Why do humor and trust go together?

[11:50] What happens to a man, biologically, right before he falls in love

[14:57] The truth behind the reason women seem to like jerks

[18:39] One of the main things that couples that stay together have

[22:01] Dawn's thoughts on online dating sites

[24:40] The truth about a perfume scent you may not want to know

[28:15] Does nature cause us to be attracted to our opposite to diversify the gene pool?

[32:28] What is the future of Dawn's research?

"Love at first sight is a farce, it's just nature's way of getting you in bed together"

Websites:

www.DawnMaslar.com

CW 477 - The Five Love Languages with Dr Gary Chapman

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

Direct download: CW_960_Dawn_Maslar.mp3
Category:general -- posted at: 9:51pm EST

Jason Hartman starts off the show today with a reminder: housing is NOT at an all time high when it comes to payments (which is how people really base their decision to buy), and housing is still where it's at.

Then Jason has the first part of his client case study with Scott, from Washington DC. Scott owned a bunch of retail property previously, but recently sold all but one of them and shifted his focus toward residential real estate. Jason talks with him about why he made that decision, what the process was like doing his 1031 exchange, how his experience with property managers has been, and more.

Key Takeaways:

Jason Intro:

[1:43] Housing is where it's at

[5:32] Housing is NOT at an all time high based on the payments being made

[8:46] Everybody's a genius in a bull market

Client Case Study with Scott:

[14:41] Was Scott worried about the retail apocalypse when he purchased all the shopping centers?

[17:30] Scott & Kelly's evolution from shopping centers to single family homes

[21:04] What happened in the commercial real estate sector last year that led Scott & Kelly to dive headlong into residential?

[25:19] Depreciation makes income properties the most tax favored asset class in America

[26:01] Scott's adventurous time doing his 1031 exchange on his commercial property that aged him 2 years in 45 days

[31:05] Why Scott is glad Jason's group exists

Website:

www.JasonHartman.com/Properties

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

Direct download: CW_959_Scott_1.mp3
Category:general -- posted at: 4:22pm EST

Jason Hartman kicks off the show today asking his ultimate question: compared to what? It's a question that will serve you well in all aspects of your life and will guide you down the right path. He also wants to invite you to join him on any of his adventures scheduled for this year to make your vacation planning even easier.

Then Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.

Key Takeaways:

[3:53] Always view things in perspective, and remember, COMPARED TO WHAT?

[6:16] Meeting fellow investors is crucial to success

[8:09] Why doesn't Jason want you to plan any vacations this year?

[11:41] Over Thanksgiving, while re-reading The Art of the Deal, Jason realized that Trump is a New York liberal

Richard Duncan Interview:

[14:26] What people don't realize about interest rates

"People buy houses on a payment, not a price"

[15:38] What the Fed will do if the market drops 10% and what else will happen if it drops 20%

[18:57] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform

[23:31] Why Richard thinks the government can invest as wisely as private companies

[27:58] What are the next few years going to look like?

[30:30] People need to get very familiar with quantitative tightening

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

www.VentureAllianceMastermind.com

Direct download: CW_958_Richard_Duncan_2.mp3
Category:general -- posted at: 9:13pm EST

Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.

Key Takeaways:

[9:19] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did

[11:56] Why the future from an Asian perspective is much brighter than from a US perspective

[14:05] Who's gotten the better end of the China/US trade imbalance?

[19:42] Richard believes the Fed is tightening more than people are understanding

[23:51] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger

[26:26] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan

[28:35] Is the Fed likely to make a course correction if rates go too high?

Websites:

www.RichardDuncanEconomics.com
(promo code: GLOBAL for 50% off)

www.JasonHartmanUniversity.com

www.JasonHartmanIcehotel.com

www.VentureAllianceMastermind.com

Direct download: CW_957_Richard_Duncan_1.mp3
Category:general -- posted at: 10:13pm EST

Today's Flash Back Friday comes from episode 617, originally published on January 6, 2016.

Technology has changed the real estate investor’s ability to access additional markets.

Technological changes may give real estate investors better tools to access previously unavailable markets, but no amount of technology will ever replace a human’s need for shelter. As long as investors keep their eyes looking forward to the future and stay on top of the increasing number of research tools available they will successfully build a diverse, long-term wealth strategy based upon single family home investment properties.

Jason and the Real Estate Guys take a break from their real estate conference speaking engagements to discuss predictions for the future of the real estate investment market, the influx of tenants looking for rentals and how technology is changing investors ability to see beyond their own backyard and experience the benefit of geo-arbitration.

Meet the Masters is this weekend & there are still spaces available for our Venture Alliance trip in beautiful Dubai.

Key Takeaways:

Jason’s Editorial:

[1:29] Our archives are split because of limitations in iTunes

[6:19] Science has been and will be wrong

[12:00] Jason predicted the Obamacare disaster

[14:12] The Big Short movie – do not miss it

[15:25] Exercise prevents, treats or cure basically everything

[19:58] Casey Meyeres CPA will be speaking about taxation with regards to real estate

Robert Helms & Russ Gray Guest Interview:

[23:43] Real Estate investors have more tenants than ever before

[26:31] Single family housing will always be a need

[30:16] You can’t keep the U.S.A. down for long

[33:18] You must change based on what the market gives you

[35:01] Houses will be built, no matter what technology is used

[37:00] If big money comes in it will push prices up

[41:27] Don’t get stuck investing in your backyard

[43:19] Owning single family homes in 3-5 markets is a good diversification strategy

[44:07] Contact the Real Estate Guys

Websites:

https://realestateguysradio.com

www.VentureAllianceMastermind.com

Direct download: CW_956_FBF_Real_Estate_Guys.mp3
Category:general -- posted at: 9:27pm EST

This all Jason Hartman episode of the Creating Wealth show dives into a number of different topics. Jason discusses his favorite index when evaluating real estate trends, the dangers of asset inflation, unintended consequences of the GOP Tax Reform bill, the impact of mortgage rate increases, and more of the latest news in the world today.

Key Takeaways:

[2:22] The problem with foreseeing what will cause the next market crash

[4:59] The index that Jason would look at it if he had to pick just one

[12:29] Asset inflation in the US is alive and well

[15:50] One of the biggest destroyers of wealth: a wave of divorces expected this year

[21:54] Don't forget to download your photo with Ron Paul from Meet the Masters (and see all the other pictures from the event) at www.JasonHartman.com/Photos

[24:35] Every 1% of interest rate equates to about 10% of sales price

[27:37] It's really hard to lose with the buy & hold real estate strategy

[32:20] Taylor Swift is being sued for over $1 million by a real estate broker

Website:

Attend the JHU Live Event in San Jose!
www.JasonHartmanUniversity.com

Work with Jason (or ask him a question)!
www.JasonHartman.com/Ask

Direct download: CW_955_Jason_Hartman.mp3
Category:general -- posted at: 5:38pm EST

Jason Hartman kicks off the episode breaking down the OTHER 3 market types. No, he's not talking linear/cyclical/hybrid, today he's talking buyer/seller/broker markets.

Then Jason talks with Mike Moyer, creator of Slicing Pie, about how to partner with people on startups and real estate investing in a way that fairly incorporates everything people bring to the table. The two discuss the need to factor in work, cash, ideas, goods, etc when valuing contributions, as well as the multipliers for each faction depending on their scarcity.

Key Takeaways:

Jason Intro:

[5:57] Real estate is a pretty easy thing to partner on, as long as you keep it arms length

[7:07] Welcome to the newest Venture Alliance members!

[9:07] The 3 basic types of markets (that aren't linear/cyclical/hybrid!!!), and how you figure out which one you're in

[13:12] Jason likes the broker's market, obviously, but is still pretty bullish on the real estate market

Mike Moyer Interview:

[18:38] You have to go into a startup with the knowledge that you can lose all of your money

[19:39] How would you use Slicing Pie in a real estate deal?

[23:47] Why there's a difference between cash & non-cash contributions when you're slicing

[26:42] The reason there are multipliers in slices is so that there are consequences if someone leaves the pie

[30:05] Why time based vesting isn't the way to go

[32:34] What is Mike's definition of a startup?

[37:50] What are all the ways you can get a slice of pie in a company?

[41:59] How do you get started slicing pie?

Website:

www.SlicingPie.com

Direct download: CW_954_Mike_Moyer.mp3
Category:general -- posted at: 9:03pm EST

Today's Flash Back Friday comes from Episode 259, published in May 2012.

Jason Hartman and returning guest, Dan Amerman discuss federal policies and interest rates, which hurts the savers and fixed income folks. The artificially low interest rates are not working and create higher prices through inflation.

They also discuss inflation rates, in which the federal numbers are glossed over and do not match true inflation as experienced by the American citizens through food, fuel, and utilities. Manufacturers hide inflation by making products smaller.

Jason and Dan then talk about rental housing and how to arbitrage the inflation. Dan explains how to turn the fed policies around to our advantage. It starts with understanding cash flow investing and setting your safety margin. When looking at cash flows, rather than being all about the price, it’s more about the interest rate when it comes to a mortgage. In the process of creating non-free-market interest rates for banks and for the federal government, the federal government has accidentally made available subsidized mortgage rates that are available if you can get the lending.

It goes directly to your bottom line as the investor, resulting in much higher cash flows than you would see in a free market.

Direct download: CW_953_FBF_Dan_Amerman.mp3
Category:general -- posted at: 5:46pm EST

Jason Hartman, his mom Joyce, and Drew finish up their long talk about property management practices. This time Drew throws some questions toward Joyce about how to walk the line with a tenant while still keeping a good personal relationship with them, tenant retention, and Jason's theory on the pinball effect that can happen when you own enough places in one market.

Key Takeaways:

Jason Intro:

[2:01] Occassionally you may have difficulty with insurance when you self-manage

[2:56] The riskiest part of self-managing is the tenant turn

[6:34] Join Jason on a trip to Sweden or come to San Jose for the next JHU event

Joyce & Drew Interview:

[9:34] One of the nice things about not being near your investment properties is that you CAN'T go over and meet anybody

[11:56] How to retain tenants, and how to get rid of deadbeats

[14:16] Once you've formed a relationship with a tenant as a self-manager, is it awkward to raise the rent on them or enforce late fees, etc?

[18:38] When do you build the expectation of rent increases into the relationship?

[25:39] Why the hybrid management is the best system, and what to expect from your realtor helping you

[28:15] Do self-management styles change based on the type of neighborhood your property is in?

[31:46] Jason's pinball effect when you have enough properties in one market

Website:

www.JasonHartmanIceHotel.com

www.JasonHartman.com/Events

Direct download: CW_952_Joyce_Drew_2.mp3
Category:general -- posted at: 5:28pm EST

It's time for Jason Hartman to have a good, old fashioned discussion on property management. This time, however, there are THREE sides at the table.

In one corner is Jason's mom, Joyce, who is an EXTREME do-it-herself self-manager. In another corner is Drew, who has always been with a property management company and isn't ready to step into the self-management world. And in the final corner is Jason, with his method of a hybrid model.

Listen in as these three discuss concerns, strategies, and tips for property management, no matter which road you decide to go down.

Key Takeaways:

[2:06] Photos from Meet the Masters are up, don't forget to download yours! Join Jason for a bucket list trip to the Icehotel - Sweden in April and don't forget to register for the Jason Hartman University event in San Jose.

[7:51] The hardest part of Jason's business is property management

"Sometimes it's better to delegate, I admit, but sometimes it's better to just do things yourself"

[10:16] Drew's properties in Indianapolis were A builds, but after the Great Recession they're in C+ neighborhoods now

[13:05] Jason's hybrid self-management practice

[17:00] Where Joyce gets access to running credit reports and everything she needs to do to screen tenants

"The longer you have that tenant, the less hassle you have with that tenant"

[21:58] The most important thing you need to communicate to your tenant about rent

[27:52] Property managers have inherent conflicts of interest

[29:48] How Joyce gets her property ready for the next tenant

[32:26] Questioning pricing can frequently lead to dramatic reductions in price

"Don't be afraid to make deals with your tenants, a lot of times they want to improve the property"

Websites:

www.JasonHartman.com/Photos

www.JasonHartmanIceHotel.com

www.JasonHartman.com/Events

Direct download: CW_951_Joyce_Drew.mp3
Category:general -- posted at: 5:04pm EST

Jason Hartman kicks off the episode discussing some self-management tips and what's going on with the new Fed chair.

Then, in his 10th episode interview, Jason talks with serial entrepreneur Peter Sage, author of 5 Keys to Master Your Life, about his recent 6 month stay in jail and how he was able to use that as a teaching (and learning) experience for himself, the inmates, and his students.

The two touch on the importance of identity, the need for ego strength & ego drive, what drives people, and more.

Key Takeaways:

Jason Intro:

[1:44] Remember, self-management doesn't have to be forever. Transferring to a property manager, if needed, takes no time

[2:39] Meet the new Fed chair, same as the old?

Peter Sage Interview:

[6:53] Peter's latest "adventure" that landed him in jail

[11:19] Identity plays a huge part in how you deal with life

[17:10] Peter's idea of a "contrast frame"

[19:27] Why do people give up at the first sign of adversity? The difference between ego strength & ego drive

[21:37] Most people are driven by G.O.O.P.

[26:01] We need to learn how to love more

Websites:

www.PeterSage.com

Man's Search for Meaning by Viktor Frankl

Direct download: CW_950_Peter_Sage.mp3
Category:general -- posted at: 10:07pm EST

Today's Flash Back Friday comes from Episode 634, from February 2016.

Investing in income properties or single family homes is the most historically proven asset class.

We start out with the Venture Alliance Group in Dubai and later Naresh asks Jason investment related frequently asked questions about commercial and residential real estate properties, about single family homes, how the need for housing is never outsourced to another country and how the oil surplus is affecting US oil towns. Real estate investment income property is the most historically proven asset class. Real estate properties should be looked at in a market by market basis and when looking for you first or next creative deal make certain you can trust the person you are dealing with. When choosing a partner make sure they have tenure in real estate investing. They should already have a comprehensive network of investors and local market specialists in place before you trust them with your money.

Key Takeaways:

Dubai Intro:

[1:44] Gary Pinkerton joins us in Dubai

[3:49] Get out of the stock market and into cashflow investing

[7:03] You want those around you to inspire you and make you accountable

[8:20] The reluctant investors lament & to stay focused on market rent

Investor Question’s with Naresh:

[11:51] Is renting a waste of money?

[21:43 Defining commercial and residential property

[24:44] Large investors need to invest their money into something

[28:18] All of Naresh’s businesses have parts which are outsourced overseas

[30:54] Getting ripped off when trying to buy properties and creative opportunities

[32:39] Is deflation a huge threat to the United States?

[37:14] Real estate income property should be looked at on a local market basis

[38:00] How will “oil exploration” cities deal with the current oil surplus

[40:39] The problems in the energy corridor of Houston

Mentions:

Hartman Media

Jason Hartman

Hartman Education – Meet the Masters Course

Venture Alliance Mastermind

Voxer – JHart88

Tweetables:

If you have a lot of capital to invest you may get lower return on your investment.

Depreciation tax benefits are 25% better on residential property than commercial property.

Stay away from investing in one horse towns. If the city isn’t diversified in business one blow could be its final one.

Direct download: CW_949_FBF_Commercial_vs_Residential.mp3
Category:general -- posted at: 9:05am EST

Jason Hartman finishes up his conversation about asset protection with Garrett Sutton. The two delve into the external threats to your portfolios this time, looking at how to properly protect your properties if lawsuits come toward you.

Garrett also explains when you would want to take an LLC over a corporation, what states are best for protecting you, what actions are being taken to weaken LLCs across the nation, and why doing more than the law stipulates can be a very good, very easy thing.

Key Takeaways:

Jason Intro:

[2:25] Photos from Meet the Masters are up at www.JasonHartman.com/Photos

[3:15] Join the Icehotel trip at www.JasonHartmanIceHotel.com

[5:03] The next Jason Hartman University event is in San Jose, go to www.JasonHartman.com/Events

Garrett Sutton Interview:

[7:18] Two areas where Jason sees real estate creating liabilities for the owner: fair housing and safety

[11:34] The external threat is the biggest threat for your assets

[13:34] Breaking down Slide #6

[17:41] What you need when you domesticate a judgement

[19:49] It's a good idea to have yearly meetings for your LLC even if your state doesn't require it

[22:00] States that have good asset protection for LLCs and corporations

[24:08] Why an LLC over a Corporation

[27:46] Some states are not providing asset protection for single member LLCs

[31:46] Garrett's $100 off deal for Jason's listeners

Website:

Get Garrett Sutton’s Slides here

www.JasonHartman.com/Properties

www.CorporateDirect.com

Direct download: CW_948_Garrett_Sutton_2.mp3
Category:general -- posted at: 4:49pm EST

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.

Key Takeaways:

[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

Website:

Get Garrett Sutton's Slides here

Direct download: CW_947_Garrett_Sutton1.mp3
Category:general -- posted at: 4:22pm EST

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.

Key Takeaways:

[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

Website:

Get Garrett Sutton's Slides here

Direct download: CW_947_Garrett_Sutton1.mp3
Category:general -- posted at: 4:22pm EST

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.

Key Takeaways:

[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

Website:

www.JasonHartman.com/Properties

Direct download: CW_946_Jason_Hartman.mp3
Category:general -- posted at: 3:45pm EST

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.

Direct download: CW_945_FBF_Karl_Denninger.mp3
Category:general -- posted at: 12:25pm EST

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.

Key Takeaways:

[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

Website:

www.JasonHartman.com/Properties

Direct download: CW_944_Carrie_MTM_Wrapup.mp3
Category:general -- posted at: 10:19pm EST

The 20th Meet the Masters of Income Property is in the books!
Thanks to all who came to this amazing event to learn and
expand your network. It was truly an awesome event thanks to
the speakers and the guests.

Listen in on some clips of our speakers from the 3rd day.
Sunday featured Jason Hartman, Brian Smith (founder of Ugg
Boots), Gary Pinkerton, the Moneyball Economist Andrew Zatlin,
lender Aaron Chapman, a lender panel with Aaron and Joe, an
investment counselor panel, and a Q&A with Jason's mom and
aunt!

Enjoy this wrap-up and we hope to see you at the next Meet the
Masters.

Key Takeaways:

[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

Website:

www.JasonHartman.com/Properties

Direct download: CW_943_MTM_Day_3.mp3
Category:general -- posted at: 5:27pm EST

The second day of Meet the Masters is in the books, and what a
day it was!

Jason Hartman kicked off the day with a brief talk about the
ulimate investing equation, then we heard from Dr. Ron Paul,
Garrett Sutton, John Burns, Ken McElroy, Ryan Schellhous, the
local market specialists, and Danielle DiMartino-Booth.

Listen in as these great minds share their insights about real
estate, liberty, and the markets with you.

Key Takeaways:

[1:05] Jason Hartman

[5:16] Congressman Dr. Ron Paul

[13:40] Garrett Sutton

[18:45] John Burns

[22:16] Ken McElroy

[33:56] Danielle DiMartino-Booth

Website:

www.JasonHartman.com/Watch

Direct download: CW_942_MTM_Day_2.mp3
Category:general -- posted at: 3:09am EST

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
for a non-working spouse, getting insurance in Florida, the dynamics of the Memphis market, important questions to ask your turnkey providers, home buying tendencies and more in this wrap-up of the first day!

Website:

www.JasonHartman.com/Watch

Direct download: CW_941_MTM_Friday_Wrap.mp3
Category:general -- posted at: 2:13am EST

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.

Key Takeaways:

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

Mentions:

Garrett Sutton

Finance your own Business - Garrett Sutton

Jason Hartman

Venture Alliance Mastermind

How to Permanently Erase Negative Self-Talk So You Can Be Extraordinary

Be More Extraordinary

Emily@bemoreextraordinary.com

Direct download: CW_940_FBF_Emily_Filloramo.mp3
Category:general -- posted at: 8:00am EST

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.

Key Takeaways:

Jason Intro:

[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

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Watch

www.MBSHighway.com


"Builders are not keeping up with household formations and household formations are going to continue to rise"

"The mortgage paydown should be considered positive cash flow, that's really what it is"

Direct download: CW_939_Barry_Habib.mp3
Category:general -- posted at: 8:00am EST

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.

Key Takeaways:

Jason Intro:

[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

Websites:

www.JasonHartman.com/Masters

www.JourneyCaptured.com

Direct download: CW_938_Pinkerton2.mp3
Category:general -- posted at: 8:57pm EST

Jason Hartman starts off today's episode discussing the amazing effect of inflation on assets in all markets. Then he turns his attention toward the upcoming Meet the Masters of Income Property event and gives a little taste of what he'll be discussing (hint: core beliefs investors need to have), as well as why there will be a whole host of Local Market Specialists at the event.

Then Jason goes into the first part of his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they're investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they're currently in. Part 2 will be aired tomorrow.

Key Takeaways:

Jason Intro:

[3:26] Apple's new code release for their old Lisa computer technology, which would have been a $24,700 desktop today, which shows the power of inflation

[6:26] Jason will be discussing the core beliefs that we all need to have as investors at Meet the Masters

[8:26] What Gary fails to mention at the start of his client case study

[11:02] There will be an abundance of Local Market Specialists at Meet the Masters, so you can meet the people you're working with

Gary & Sue Pinkerton Client Case Study:

[17:15] Gary & Sue's first property did NOT start off well

[22:05] It's crucial to listen to your wife's intuition

[25:57] How Gary & Sue decided to split up their mortgages and why

[29:06] Why Gary & Sue picked the markets they're in today

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Direct download: CW_937_Pinkerton.mp3
Category:general -- posted at: 9:48am EST

Jason Hartman has a special announcement for everyone attending (or considering attending) the 2018 Meet the Masters of Income Property. 

This year there won't be a paper schedule, but an app that tells you everything that's going on at the event. Make sure to check your email for the link to download the app before the event.

Also, Jason thanks all the entrants to the 5-year plan, get ready to see some of them at Meet the Masters, and announces the winner of the contest for 2 tickets to Meet the Masters.

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com

 

Direct download: CW_MTM_Announcements.mp3
Category:general -- posted at: 10:14pm EST

Today's Flash Back Friday is from Episode 638, originally published in February 2016.

Jason shares his real life rise in wealth story and it all started with an income property seminar.

This is a great episode for anyone you know who is just starting out in investing. It leaves little doubt that investing in income properties with a buy and hold strategy is the way to gain wealth. Jason describes the basics to Brian Bain, a stock market investor, and fellow podcaster. He shares examples of how 30-year mortgages on single family homes are a not only a multi-dimensional asset class but also a tax write-off. If you want to hear a concise, easy to understand overview of how to make money in the complicated U.S. financial market, this is the show for you.

Key Takeaways:

Jason’s Editorial:

[1:58] Ben Bernanke and Yogi Berra quotes

[3:21] Investors must align their interests with Central Bankers

[7:22] Arbitrage – Exploiting the differences in things as a real estate investor

[10:43] Jason Hartman University Live Event in Salt Lake City, Utah

[11:56] Vacation rental properties in the Orlando market, yes or no?

Brian Bain interviews Jason for his “Investor in the Family” podcast:

[17:15] His story – Jason started in real estate when he was just a teenager

[23:36] Income property is a multi-dimensional asset class and a tax write-off

[27:46] A lender cannot sue you if you have a non-recourse loan on a property

[31:40] 6 ways the government will deal with underfunded entitlement programs

[35:10] Investors should align their interests with governments and banks

[37:39] Inflation redistributes wealth better than taxes

[40:00] An example of how thousands of people gained wealth from single family homes

[49:21] Anything without income is not really an investment

[51:07] Long term investments are definitely the way to invest your money

Mentions:

www.JasonHartman.com/Properties

Investor in the Family Podcast

1984 – George Orwell

Tweetables:

“Did you know a lender cannot sue you for default if you have a non-recourse loan on a property?”

“Banks and governments, we don’t like them but aligning your interests with them is the way to wealth.”

Direct download: CW_936_FBF_Brian_Bain.mp3
Category:general -- posted at: 9:14am EST

Today's Flash Back Friday is from Episode 638, originally published in February 2016.

Jason shares his real life rise in wealth story and it all started with an income property seminar.

This is a great episode for anyone you know who is just starting out in investing. It leaves little doubt that investing in income properties with a buy and hold strategy is the way to gain wealth. Jason describes the basics to Brian Bain, a stock market investor, and fellow podcaster. He shares examples of how 30-year mortgages on single family homes are a not only a multi-dimensional asset class but also a tax write-off. If you want to hear a concise, easy to understand overview of how to make money in the complicated U.S. financial market, this is the show for you.

Key Takeaways:

Jason’s Editorial:

[1:58] Ben Bernanke and Yogi Berra quotes

[3:21] Investors must align their interests with Central Bankers

[7:22] Arbitrage – Exploiting the differences in things as a real estate investor

[10:43] Jason Hartman University Live Event in Salt Lake City, Utah

[11:56] Vacation rental properties in the Orlando market, yes or no?

Brian Bain interviews Jason for his “Investor in the Family” podcast:

[17:15] His story – Jason started in real estate when he was just a teenager

[23:36] Income property is a multi-dimensional asset class and a tax write-off

[27:46] A lender cannot sue you if you have a non-recourse loan on a property

[31:40] 6 ways the government will deal with underfunded entitlement programs

[35:10] Investors should align their interests with governments and banks

[37:39] Inflation redistributes wealth better than taxes

[40:00] An example of how thousands of people gained wealth from single family homes

[49:21] Anything without income is not really an investment

[51:07] Long term investments are definitely the way to invest your money

Mentions:

www.JasonHartman.com/Properties

Investor in the Family Podcast

1984 – George Orwell

Tweetables:

“Did you know a lender cannot sue you for default if you have a non-recourse loan on a property?”

“Banks and governments, we don’t like them but aligning your interests with them is the way to wealth.”

Direct download: CW_936_FBF_Brian_Bain.mp3
Category:general -- posted at: 9:14am EST

Jason kicks off the show with a reminder for Meet the Masters, along with some quick tips for property owners about pet rent, your property manager, and running the numbers before purchasing your property.

Then Jason Hartman talks to Meet the Masters of Income Property keynote speaker John Burns, CEO of John Burns Real Estate Consulting, about how the autonomous car is going to change the look of cities, what a "surban" is, and why the 1980s is "the sharer" generation. The two also go into a more in-depth look about what kind of markets there are in the United States, and which hybrid markets may be on their way down.

Key Takeaways:

Jason Intro:

[5:05] A quick tip on pet rent

[7:58] Pay attention to your property managers

[9:37] Look beyond cash flow when evaluating properties to purchase

[11:37] Returns shrink as markets become more sophisticated

[13:28] Get some good photos of your home right when you purchase

John Burns Interview:

[17:36] Amazon's search for a second headquarter location, and where John thinks it will be

[20:19] How John classifies markets

[22:48] Hybrid markets like Austin and Dallas are seeing way more growth than they normally do in cycles, and why Austin's best days may be behind it

[24:17] The world is shifting more toward suburban apartments, being driven by local money

[26:53] The definition of "surban"

[32:00] The nickname for those born in the 1980s is "the sharers"

[35:01] The impact of autonomous cars

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.RealEstateConsulting.com

"The more perfect the marketplace, the less opportunity is available"

Direct download: CW_935_John_Burns.mp3
Category:general -- posted at: 11:44am EST

HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Jason kicks off the show discussing scalable business models, the impact of rising interest rates in 2018 and the bubble economy we're in now. There will be a lot more in-depth coverage of these issues at Meet the Masters of Income Property in 2 weeks!

Then, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.

Key Takeaways:

Jason Intro:

[1:59] The best business model in the music world

[7:25] What we'll be seeing as interest rates creep higher in 2018

[12:36] It's easy to suggest that we live in a bubble economy

Danielle DiMartino-Booth Interview:

[16:11] Danielle's thoughts on the new GOP Tax Reform

[19:40] Share buybacks have slowed, why is that important?

[22:20] We have no idea what the unwind of the biggest experiment in monetary policy will look like

[25:12] Why the biggest bubble out there today is the confidence bubble

[26:06] Danielle's opinion of the cryptocurrency world today

[28:38] The best comparison for the cryptocurrency mania we see today

[31:57] The United States has had a shrinking work force for 20 years now

[32:52] We have GOT to change our education system so we can be competitive on the global stage

[35:01] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.DiMartinoBooth.com

www.Twitter.com/DiMartinoBooth

Tweets:

So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it

2017 has been a record run rate for quantitative easing globally

You can't tell me that anything is a storer of value that can lose 25% in a week

Direct download: CW_934_Danielle_DiMartino_Booth.mp3
Category:general -- posted at: 9:00am EST

Today's Flash Back Friday comes from episode 616, from January 2016.

Phase 1: Buy some properties, Phase 2: Protect your assets

Jason answers your questions in this high-level Q&A. The main takeaway from this episode is to buy some properties now. Getting started is often the hardest part for real estate investors. If you don’t start today you may put off creating a wealthy future for yourself and one day realize it is too late. If you buy your properties with the help of Jason’s team you are able to leverage the huge volumes at which they do business. You get seasoned, professional help with your very first property purchase. You don’t have to do this alone!

Key Takeaways:

[3:36] Oliver was a dedicated listener before working as an investment counselor

[9:31] Why doesn’t the whole world know about income property?

[11:27] 14 million individual investor-owned single family homes

[15:20] Jason answers real listener questions about LLC’s, evictions and identifying markets

[17:57] 1.) Buy some properties and 2.) Protect your assets

[23:57] How to identify and choose a real estate investment market and the local market team

[29:21] Understanding acquisition costs for the Local Market Specialist

[32:55] Properties on JasonHartman.com are not necessarily the best deal you can get

[35:07] Multiplexes or single family houses? Which is better for cash flow?

[38:56] Higher priced properties have lower rent to value ratios

[40:25] Meet the Masters event is coming up – you can still get a ticket

[41:45] Venture Alliance trip to Dubai on President’s Day weekend

Websites:

www.JasonHartman.com/Properties

www.VentureAllianceMastermind.com

www.JasonHartman.com/Masters

Direct download: CW_933_FBF_Happy_New_Year.mp3
Category:general -- posted at: 10:00am EST

Jason kicks off the show looking at a microtrend he's been seeing after the GOP Tax Reform was passed, which may only be attributable to people wanting to hate anything Trump does. He also looks at the response of people to the tax reform, with people looking to prepay their property taxes and write it off on their 2017 taxes.

In this second half of the show, Jason Hartman finishes his interview with CPA Ryan, as the two continue their look at the new GOP Tax Reform. Ryan points out a few more big changes, as well as several minor ones. Some of them are HUGE for real estate investors, like the accelerated bonus depreciation, while some are mostly targeted at smaller groups (like hedge fund managers).

Key Takeaways:

Jason Intro:

[3:56] The microtrend Jason's noticed recently

[11:33] A lot of people are prepaying their 2018 property taxes before the end of the year so they can deduct it on their 2017 taxes

[15:25] Holiday retail sales were fantastic

[18:21] Enter at JasonHartman.com/Contest to win tickets to Meet the Masters

CPA Interview:

[20:50] The accelerated bonus depreciation is enormous for real estate investors

[24:21] Changes to the 1031 Exchange rule

[28:25] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques

[30:14] 529 plans (education plans for children) can now be used to pay for private schools

[30:47] Some tax changes that were EXPECTED but didn't end up happening

Websites:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

Direct download: CW_932_Ryan_Schellhous_2.mp3
Category:general -- posted at: 10:05am EST

Jason Hartman starts off the show from the bottom of the Grand Canyon discussing the upcoming Meet the Masters event, along with his excitement about the new GOP Tax Reform.

Then Jason talks with CPA Ryan about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.

Key Takeaways:

Jason Intro:

[3:04] The Grand Canyon may actually be more impressive when you look up from the bottom

[5:39] Meet the Masters of Income Property is in 2.5 weeks, featuring Ron Paul

[7:45] Danielle DiMartino-Booth may not be a huge fan of the new tax reform; we'll find out at Meet the Masters

CPA Interview:

[12:58] The 30,000 foot overview of the GOP Tax Reform

[14:53] Will this tax reform create a repatriation of wealth back to the US?

[18:43] The move that mobilized the GOP forces toward tax reform

[20:40] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals

[22:50] The standard deducation has been increased, which should increase the number of simple 1040s being filed

[25:51] The single largest revenue raiser in the entire bill

[28:04] The change in mortgage interest deductions could cause a dampening in the high end real estate market

[30:33] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul

[32:25] Pass-through businesses are getting a 20% deduction

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

Direct download: CW_931_Ryan_Schellhous_1.mp3
Category:general -- posted at: 9:00am EST

There's a constant dialogue going on in our head that tells us why we can't do something. There's constantly an excuse for our behavior that lets us shift the blame away from ourself and on to other things. Jason Hartman talks with Noah St John about this "head trash" and how we can change our thoughts to better our life.

In this 10th episode, Jason and Noah talk about how you can actively work on your mind to create the reality you desire, both professionally and personally.

Key Takeaways:

Jason Intro:

[2:30] Alexa, where's Santa Clause?

[3:29] The 5-year plan contest ends December 26, 2017

[5:25] Venture Alliance Mastermind group has been streamlined, the price is reduced, and now has ADD-venture trips

[7:19] The GOP Tax Reform is a great Christmas gift

[9:52] Do deficits matter that much when you have the reserve currency and the largest military ever known to mankind?

Noah St John Interview:

[13:43] What is head trash?

[18:26] Sometimes our own belief systems are what's holding us back

[22:16] How do you go about and actually change your belief to stop holding yourself back?

[24:50] Neuroscientists have identified what's known as the "Habit Loop" that you have to break

[27:18] People rarely realize how powerful they actually are

[31:46] Sometimes even things that are positive (like a good work ethic) can hold us back from where we want to go

[34:39] The difference between affirmation and afformation

[37:46] How you can use afformations in your relationships

Website:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.JasonHartmanIceHotel.com

www.NoahStJohn.com

www.SendMeABookNoah.com

www.AfformationsBook.com

"There's no lack of information but there's a DEFINITE lack of implementation"

"If you keep not delegating then pretty much you're going to be stagnating."

Direct download: CW_930_Noah_St_John.mp3
Category:general -- posted at: 8:00am EST

This week's Flash Back Friday comes from Episode 626, originally posted in January 2016.

Cozy makes collecting rents and screening tenants accessible from anywhere.

Owning the most historically proven asset class, income property, is getting easier. This new service allows landlords to screen tenants, view credit reports and collect rents from a smartphone or tablet. There are nominal fees built into services like debit card processing and the obtaining of a credit report which are paid for by tenants. Professional property owners now have a one-stop shop for managing their income properties, no matter where they are in the world.

Key Takeaways:

Jason’s Editorial:

[1:24] The devastating news from the stock market, was it manufactured?

[5:44] Could the government take away the benefits of the most tax favored asset?

[7:37] The entire world economy is 60 trillion in a year and we lost 8 trillion in less than 1 month

[9:58] Let’s print more money because there is no limit

[12:57] Get free powerpoint slides and a reserve your spot for the next JHU event March

Gino Zahnd Guest Interview:

[17:12] What exactly is Cozy and how did it start?

[20:23] A landlord has access to a tenant’s credit report without the chance of identity theft

[22:10] An agent can only use the screening tools or the full-service option

[24:59] Can a landlord can still add an application fee to cover their time spent?

[27:44] Credit reports & background checks have a fee associated with them via Cozy

“We help landlords by eliminating the hassle of rent checks and screening new tenants.”

[29:35] Automated Clearing House (ACH) payments are free between landlord and tenants

[32:07] Cozy eats the cost of transactions in exchange for client satisfaction

[33:26] 2 ways for a landlord to initiate payments

[35:45] Cozy’s goal is to be the best one-stop shop for realizing rent payments

“Landlords will be notified when rent payments are received, removing the need to manually check.”

[39:52] Rental markets are in the U.S. are fragmented and hard to access

[40:50] Cozy is available on your phone or tablet and new services are coming

Websites:

www.Cozy.co

@cozyco

www.JasonHartman.com/Masters

www.JasonHartman.com/Matrix

Direct download: CW_929_FBF_Gino_Zahnd.mp3
Category:general -- posted at: 8:56am EST

Jason Hartman and Ken McElroy finish up their conversation started in episode 927. This time, however, the two look into the importance of how property owners (and managers) treat their tenants, and why many people are doing it wrong. They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.

Key Takeaways:

Jason Intro:

[3:29] Apple has confirmed a long-held conspiracy

[6:38] Jason believes this tax plan is going to be phenomenal for the economy

[10:49] Some back of the napkin math on the impact of the new tax plan

[15:19] It's been 3 decades since we've had real tax reform, so Jason's bullish

Ken McElroy Interview:

[20:42] It's important to treat all your residents as your customers

[22:08] Is the idea of home ownership a myth?

[24:22] Population growth and migration are two things critical to investment success

[27:41] The state of the states

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.MCCompanies.com

Direct download: CW_928_Ken_McElroy_2.mp3
Category:general -- posted at: 5:48pm EST

Jason Hartman starts off the show discussing the recent news that economic optimism under President Trump is nearly unprecedented. He also goes into what to look for when moving, and what "The Wheel of Life" is about.

Then we have part 1 of Jason's interview with Rich Dad Advisor Ken McElroy, who will be speaking at this year's Meet the Masters of Income Property in La Jolla. Ken tells Jason some of the most common mistakes he sees real estate investors make, why you can't just buy real estate any time you like, and some tips on how to do property management the right way.

Key Takeaways:

Jason Intro:

[3:52] We are at a time of unprecedented economic optimism

[6:11] Why Jason enjoys moving and what to look for when you're moving

[12:25] CNBC video about current levels of economic optimism

[17:34] What The Wheel of Life is about

Ken McElroy Interview:

[24:16] The two common mistakes Ken sees in real estate investors

[26:19] Real estate is cyclical, so you can't just buy all the time throughout your career

[28:41] Ken's real estate business model

[30:20] Some tips on how to do property management right

[33:01] C class properties look good on paper, but in the long run, better quality properties bring better quality tenants

Website:

www.JasonHartman.com/Masters

www.KenMcElroy.com

Direct download: CW_927_Ken_McElroy_1.mp3
Category:general -- posted at: 9:41pm EST

The GOP tax plan is looking like it's going to be going through in the near future, but with a bill this long nobody is 100% sure how it's going to impact their taxes. In the second part of their interview, Jason Hartman talks with Naresh about what Jason's seen in the tax plan that will impact income property investments and why the plan will create upward pressure on rents.

The two also go into censorship in America, from YouTube to Naresh's new book, Trumpbook: How Digital Liberals Silenced A Nation Into Making America Hate Again, which he's been unable to market in traditional outlets that are advertising left leaning books.

And don't forget to do your 5-year plan, record it and upload it by Christmas to enter the contest!

Key Takeaways:

[5:02] This tax plan will be great for real estate investors because it dis-incentivizes buying a home

[8:38] The White House clip on taxation

[12:05] Supply side economics works, it's not a zero sum game

[18:25] The Fed is going to be raising rates six times in the next 2 years, which will be HUGE for real estate investors getting in now

[22:23] The 2 things that could ruin Jason's prediction on interest rates impact

[23:52] Naresh's new book, Trumpbook, is being censored by the mainstream media. Get a free copy by going to www.NareshVissa.com

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.NareshVissa.com

Trumpbook: How Digital Liberals Silenced A Nation Into Making America Hate Again

"Earned income by employment is always the least favorable income you can have in the US."

Direct download: CW_926_Naresh_GOP_Tax_Plan.mp3
Category:general -- posted at: 4:14pm EST

In part one of Jason Hartman's interview with client Naresh, the two discuss what led Naresh to buy his first income properties, why he is now veering away from investing in things like the stock market and cryptocurrencies, and how our portable, sharing economy is changing everything.

Naresh is currently purchasing his second rental property while RENTING his apartment in Florida, something most people would consider the "wrong" decision.

Key Takeaways:

[7:03] How Jason & Naresh first met

[9:33] How the "portable society" impacts you as a real estate investor

[13:01] The world is changing faster than ever before, so we need to throw a lot of our old ideas out of the window

[19:28] We'd all love to get something for nothing, but really we're just gambling

[22:38] An interesting piece of education from Naresh's recent trip to Columbia that shows the value of the dollar

Websites:

www.JasonHartman.com/Masters

www.KrishMediaMarketing.com

"Nothing is bigger than the American brand, no brand has more value than the United States of America brand"

Direct download: CW_925_Naresh.mp3
Category:general -- posted at: 11:03pm EST

The world today has created criminals that have become more and more sophisticated as crime has gotten harder due to security measures most people are using. Doors aren't left open any more, everything has an alarm on it, but people still don't protect EVERYTHING. Identity theft is a huge problem, and there are scams abound for people who are willing to sink to that level. Jason Hartman warns about some of the newer scams to hit the market.

Also, don't forget to do your 5-year plan video or register for Meet the Masters!

Then, Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about Jorge's real estate journey, including having to fight against local government in an attempt not to lose an 1,100 unit apartment complex. Jorge at one point was $26 million in debt and has fought his way back and is set on helping those who need it most.

Key Takeaways:

Jason Intro:

[3:09] Jason's thought on identity theft, which Jason considers the biggest crime in the world

[5:57] One of the new telemarketer scams out there today

[9:30] A story about how fractional lending actually stopped a man from being foreclosed on in the 60s

[12:34] The 5-year plan videos are looking great!

Jorge Newberry Interview:

[20:26] How Jorge got into the real estate business, and was taken down by a single ice storm

[24:46] The City of Columbus, OH wouldn't let Jorge's renovations pass inspections

[28:56] A fake news story about Jorge being investigated turned the public against him and his renovations

[33:13] Why Jason is okay with the strategic default practice, even as a lender himself

[34:39] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation

[38:39] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation

[40:45] The wealth concentration in our nation is becoming untenable

[42:20] The #1 piece of advice for if you're in trouble with your loan

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.AHPFund.com

www.DebtCleanse.com

Over the course of time, it is in the interest of the banks, and the creditors, and the Fed...to create these bubbles.

Direct download: CW_923_Jorge_Newbery.mp3
Category:general -- posted at: 8:00am EST

There's a whole lot going on in the economic world today, so Jason Hartman decided to talk to Cody Mamone, CTP, a Vice President for PNC Bank, about what on Earth is going on in the cryptocurrency world, and how it might be impacted by Bitcoin now trading on 2 exchanges in the United States.

The two also delve into the growth of consumer debt in the past 5 years, as well as where interest rates may be headed and how much of an impact even a slight change in rates can have for investors and homebuyers.

Key Takeaways:

[4:47] The difference between saving versus savingS rates

[9:36] The Fed has some useful data that can be used for your investing research, and one thing in the consumer credit reports stuck out

[11:40] The growth in consumer (and student loan) debt in the last 5 years has been astounding

{14:32] Cryptocurrency mania is going crazy and it's not a healthy thing

[16:51] The REAL environmental destruction that cryptocurrencies are creating

[19:45] What's going to happen to Bitcoin now that it will be traded on 2 exchanges? Will the volatility finally end?

[25:59] Where are interest rates headed?

Websites:

www.JasonHartman.com/Masters

www.PNC.com

A 1% rise in interest rates would disqualify 5 MILLION households from owning a $200,000 home

Direct download: CW_922_Cody_Mamone.mp3
Category:general -- posted at: 4:39pm EST

Jason Hartman starts off the show with Investment Counselor Carrie from a single family investment trade show in Phoenix, Arizona. The two have been meeting vendors at the trade show and are absolutely amazed at the opportunities that smart technology is creating for investors. These innovations will allow investors to truly increase their profits as they become more comfortable self managing their properties across the nation.

Then, Jason goes off topic with Cameron Herold, author of Double Double: How to Double Your Revenue and Profit in 3 Years or Less, and Meetings Suck, about how his Vivid Vision can clarify your purpose and help you get on the right path.

It's imperative that every business knows exactly what the mission is, and that every employee in the business knows where the company is headed. It's the only true way to get, and stay, ahead of the competition.

Key Takeaways:

Jason Intro:

[3:32] There's technology coming that will allow you to review tenants (and have them review you)

[8:14] Smart technology is making it easier to self-manage properties from a distance, and increasing your profits in the process

[8:56] DO YOUR 5-YEAR PLAN!

Cameron Herold Interview:

[14:15] How writing your Vivid Vision can author your future

[17:39] Reverse engineering your Vivid Vision

[20:26] Finding the "sweet spot" in length for your Vivid Vision, and how to properly use it

[23:43] What should you do with your Vivid Vision? How much does David share his?

[28:32] How to run meetings properly

[31:41] How long should you book your meetings?

Websites:

www.JasonHartman.com/Contest

www.JasonHartman.com/Masters

www.CameronHerold.com

Direct download: CW_920_Cameron_Herold.mp3
Category:general -- posted at: 10:40am EST

Is the home ownership rate too high? Are millennials going to enter the market and disrupt everything? To answer these questions you have to answer Jason Hartman's key question in life: compared to what? Any time you're making plans or comparing one thing to another, the question of compared to what pops up, and it's something we should continue to ask ourselves.

Is buying a rental home a smart option? Compared to what?

Should I put money toward this investment? Compared to what?

Later in the show Jason talks with Ed mermelstein, founding partner of Rheem Bell & Mermelstein LLP, about what the GOP tax plan will likely do to foreign investment in US real estate. Ed describes how foreign investors are CURRENTLY investing in the US, and whether this plan will make the money flow in to the country or go running away to other countries. This impact will have especially large effects on big name markets like New York, San Francisco, and Los Angeles.

Key Takeaways:

Jason Intro:

[2:45] "Compared to what" is the question you need to ask about everything, and it's especially important when it comes to foreign real estate investors in the United States

[8:24] Millennials are entering the housing market, but not in a significant percentage

[11:23] Jason's big piece of advice for people making their 5-year plan video

[14:21] David Copperfield & Jerry Seinfeld's net worths go to show you the power of media & scalability

[16:19] The list of countries with the highest & lowest GNI

Ed Mermelstein Interview:

[23:59] Will the proposed tax plan make the US real estate market more or less attractive to foreign investors?

[26:14] The typical business designation that foreign investors use

[28:49] Why some changes in deductions will effect investment in big cities like NY, LA, SF

[31:55] Which countries some of the major US markets get most of their foreign investment dollars from, and how the investors are using their properties

[35:58] Are any foreign governments buying US real estate?

[38:59] The US is in a sweet spot where European and Asian investors will invest, but it doesn't go overboard because of logistics like time differences and distance

Website:

www.RBMLLP.com

www.OneAndOnlyRealty.com

www.JasonHartman.com/Contest


"If fewer people wanted to own homes it will be better for the economy, and it will be better for investors."

Foreign investment tends to sometimes make the news in a negative manner, but we should also consider the benefits of foreign investment in the United States

Direct download: CW_919_Ed_Mermelstein.mp3
Category:general -- posted at: 10:46am EST

Today's Flash Back Friday comes from Episode 581, originally published in October 2015.

Understanding various mortgage types and how it affects you, the investor.

Even though Jason believes in a fixed rate, long-term, buy and hold mortgage strategy, he encourages people to be informed about the additional financing options available. This week he and Naresh take a deep dive into the adjustable-rate mortgage, breaking it down into easy to understand piece parts. They also discuss the wrap around mortgage, what the term negative rate means and give numerical examples to clearly explain each distinct type of calculation.

Key Takeaways:

[2:46] 5 Elements of adjustable-rate mortgages (ARM)

[4:19] 1. Start or Teaser rate

[5:10] 2. Index

[7:20] 3. Margin

[8:50] 4. Annual cap – 3 types

[13:38] Negative interest rates

[18:17] Negative amortization rate

[19:05] Sophisticated investing techniques

[22:43] AITD – Wrap around mortgage

[24:23] Wrap around mortgage example

Website:

www.JasonHartman.com/Properties

Direct download: CW_918_FBF_Financing_Options.mp3
Category:general -- posted at: 9:04am EST

Jason Hartman is happy to bring one of his clients, Adam Jackson, on to the show to talk about his journey into real estate investing. Adam started buying properties toward the end of 2016, and has subsequently purchased 11 homes in the past year on his quest for financial freedom.

Adam shares what markets he's currently invested in, where he's looking to expand, keeping score with personal financial statements, and keeping a healthy balance.

Key Takeaways:

Jason Intro:

[2:07] Do your 5-year plan and submit it to www.JasonHartman.com/Contest

[6:40] 2018 is predicted to be an earthquake heavy year, so be careful with your property in earthquake zones

[10:02] Venezuela is the latest example of runaway inflation

[13:15] Invest in commodities and fight inflation with income properties

Client Case Study with Adam Jackson:

[15:33] Who is Adam Jackson?

[21:12] Where Adam bought his first property, and why

[23:23] Why Adam chose to buy a home with cash

[31:12] When you suffer through an expensive repair, remember that your loss is shared by the government on your tax return

[33:50] How to keep score via financial statements

[38:44] The P vs PC Balance

[41:50] Adam's attempt at the abundance mentality and trying to pass along whatever wisdom/money/time he can

[45:31] Focusing on a few things in-depth is better than a little bit of everything

Website:

Submit Your 5-Year Plan!

www.JasonHartman.com/Masters

Magic Power by Triumph


"The other asset, that people don't realize they have, is their credit"

Direct download: CW_917_Adam_Jackson.mp3
Category:general -- posted at: 2:07pm EST