Creating Wealth Real Estate Investing with Jason Hartman

Freddie Mac is promoting homeownership; what does that mean? Jason Hartman answers that question and if it hurts or helps homeownership. Is there a chance that we could live in a world without Fannie Mae or Freddie Mac? Ali Wolf of Myers Research says that our homes became the only constant in these times. Jason talks on this briefly before discussing the increase in existing home sales. Lastly, NYC - how bad is it? The rental numbers have changed dramatically and don’t show any signs of changing for the better. 

LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT

facebook.com/JasonHartman.com

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters 

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[2:20] Freddie Mac celebrates a 50th anniversary and $10 trillion in funding the ‘American Dream’ - Does this promote or hurt homeownership?

[4:45] What happens when you flood a market with money?

[8:45] Can we live in a world without Fannie Mae and Freddie Mac?

[12:45] Ali Wolf of Myers Research says that our homes became the only constant, in trying times.

[17:30] Highest month over month increase in at least 20 years for existing-home sales. 

[18:00] Graphics at JasonHartman.com/podcast 

[24:30] Real unemployment numbers: Coming Next Week

[26:00] NYC rentals? The city is emptying fast. The number of new rentals has fallen 36% from a year ago.

[28:30] NYC average rental price: $4032

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1513.mp3
Category:general -- posted at: 5:00pm EDT

Big cities are likely going to suffer from the mass exodus. Wuhan, China, has already seen a rent reduction. Jason Hartman discusses the high-density departure as well as the collapse of the state tax revenue. 

Rabbi Moffic joins Jason to break down the value of a home asset. As well, they discuss the concept of economic rent and how investors can profit from multi-generational living. 

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters 

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[3:45] Big cities are likely to suffer from an exodus. 

[6:45] 6% - Current rent reductions in Wuhan, China since COVID-19

[8:00] The tax revenue from the states has completely collapsed.

[16:30] Understanding the concept of economic rent being in the rentier class.

[20:45] When you buy a house, you purchase an asset that cannot be duplicated. 

[25:16] Compared to the amount of money creating, inflation has been low. 

[33:00] Briefly, how can investors profit from multi-generational living?

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1512_Rentier_Class_Evan_Part_2.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman discusses time and position for investing in multi-family vs single-family homes. 

Necessity is the mother of all invention, so let's talk about creative destruction. The world is fast-tracking technology, and everyone is on zoom. The changes to our everyday culture have changed due to coronavirus. Jason and Evan discuss being adaptable to your environment and how to position yourself properly. 

What is a rentier ränˈtyā? Be a part of the elite, provide a service and safety, and understand economic rent. 

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters 

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[1:30] $775 Billion Child and Elder Care Plan funded by Real Estate Taxes?

[6:45] Have you heard about Gab Social Network?

[9:30] A Listener Question: Multi-Family vs Single Family residences? What's the best strategy?

[15:30] Search the interwebs, on your computer-machine, "Tragedy of The Commons".

Evan Moffic

[26:00] Necessity is the mother of invention, talking about creative destruction. 

[27:15] Location isn't as important anymore: the big city has less draw. You can live anywhere in the world now with the work-from-home application. 

[31:15] You've got to be adaptable in an environment like this. 

[32:45] The answer to any reasonable question is yes. 

[33:00] The Rentier Class

[40:00] Some economic ideas, even Keynesian ideas, are counterintuitive. 

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1511_Rentier_Class_Evan_Part_1.mp3
Category:general -- posted at: 5:00pm EDT

Yes, it's true - we are looking at a modified square root recovery. Jason Hartman shares a brief analysis of our economic recovery, what to expect, and how to position yourself for financial comfort. The single-family home proves yet again to have sustainability through the test of time. Building permits for multi-family homes are down in comparison. 

Dan Millman, the author of The Life You Were Born To Live, is here to discuss the loneliness epidemic and his recent book. The question surrounding this discussion is, "What do I want to look back on five years from now when this is behind us?" Dan and Jason discuss the challenges of constraints but the creativity that comes from it. How will people cope with the loneliness epidemic?

Key Takeaways:

[6:30] The economy is facing a modified square root recovery. 

[10:00] When looking at recent permit building activity, multi-family is down, and single-family is up! 

[15:00] Guest Dan Millman

[17:45] How will people cope with the loneliness epidemic? Will coronavirus impact our interaction with technology in a positive way?

[20:00] There's a vast difference between not being able to eat, and choosing not to eat.

[23:00] Constraints breed creativity.

[26:00] Athlete's understand the law of presence. 

[30:15] Are we spiritually weight lifting now?

[33:45] Being at home, and less stimulated is tuning up our RAS, reticular activating system.

[234:45] "Right now, humanity is going through a transformation, and no one promised that it will always be pleasant." -Millman

[39:00] What do I want to look back on five or ten years from now? How did I treat this period?

Websites:

peacefulwarrior.com

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1510__Loneliness_Epidemic.mp3
Category:general -- posted at: 5:00pm EDT

This Episode of Flashback Friday was originally published on March 8, 2012

Whether you’re trying to get a raise at your job, solve a relationship problem, or deal with a stubborn child, negotiating is a daily part of our lives, and every human interaction is affected by emotion and logic or rationalization. Jason Hartman interviews Stuart Diamond, the author of "Getting More: How to Negotiate to Achieve Your Goals in the Real World" on improving negotiating skills and interactions with others in order to “get more.” Stuart stresses the importance of making the human connection and finding the pictures in people’s heads, knowing them better in order to better meet their needs, which gives a person a more competitive edge and adds tremendous wealth to any deal.

Emotions play a huge part in all interactions. “Emotions destroy negotiations because they distract people from their goals,” says Stuart. When people get emotional, they stop listening, and it becomes a priority to find out a person’s emotional temperature before proceeding on any deal. Stuart talks about key points in how people should treat one another, stating how people today have a lack of trust in one another and have a tendency to demonize one another rather than using simple solutions to solve conflicts. “Fighting is the last choice; not the first choice,” explains Stuart.

Stuart Diamond has taught and advised on negotiation and cultural diversity to corporate and government leaders in more than 40 countries, including in Eastern Europe, former Soviet Republics, China, Latin America, the Middle East, Canada, South Africa and the United States. He holds an M.B.A. with honors from Wharton Business School, ranked #1 globally by The Financial Times where he is currently a professor from practice. For more than 90% of the semesters over the past 15 years his negotiation course has been the most popular in the school based on the course auction, and he has won multiple teaching awards. He has taught negotiation at Harvard Law School, from which he holds a law degree and is a former Associate Director of the Harvard Negotiation Project. He has directed a negotiation consulting firm in Cambridge, MA.

Mr. Diamond is president of Global Strategy Group, which advises companies and governments on negotiating foreign investment and devising strategies, structures and marketing to compete effectively on an international scale: essentially the skills of planning and persuasion. He advises senior corporate and government officials on building internal coalitions and harmony to be more effective and competitive in an environment of constant change.

He has analyzed competitive and persuasive strategies for organizations as different as Merck, Citibank, General Electric, BASF, Prudential, the Government of Colombia, a $16 billion petrochemical company in China and scientists in Ukraine. He advises U.S. and foreign companies on developing more effective communications and media relations, strategic focus, problem-solving, creative options, and persuading vendors and customers. He is an expert in cross-cultural negotiation and has advised on the subject to executives of some of the world's leading companies. He has consulted extensively for the United Nations. In a prior career Mr. Diamond, who also holds a B.A. in English from Rutgers University, was a journalist. He wrote extensively, including at Newsday and The New York Times, where he won the Pulitzer Prize as a part of a team investigating the crash of the space shuttle Challenger in 1986.

He covered many major crises including the Bhopal chemical leak in India, the Three Mile Island nuclear accident in Pennsylvania and the Chernobyl nuclear accident in the former Soviet Union. He has written two books, two documentary films and more than 2,000 published articles, dozens on page one of The New York Times. He has appeared on Today and Good Morning America and lectured widely about the problems and prospects of emerging markets, and international business challenges in an environment of change. His new book on negotiation,Getting More, was published by Random House in December 2010, and became a New York Times Bestseller in January 2011.

Mr. Diamond was an executive of a Wall Street energy futures brokerage firm, for which he negotiated a multimillion dollar sale. He has worked at the law firm of Sullivan & Cromwell and the investment bank of Morgan Stanley. He founded or directed entrepreneurial ventures in medical services and wireless technologies. He has advised on environmental regulations, privatization and intellectual property protection in emerging markets from Chile to Kuwait. He advised the President's office in Bolivia, Colombia and Nicaragua.

He persuaded 3,000 people in the jungles of Bolivia to stop growing illicit coca and to start growing bananas exported to Argentina. He advises a variety of high technology companies and in 2000 played a lead role in putting together a $300 million merger of two high-tech companies that had been on the verge of litigation. He became the first chairman of the merged companies, Summus, Inc., listed on OTC. In 2004 he represented the borrower in completing the largest foreign-sourced commercial financing in the history of Ukraine, a $107.5 million Eurobond issue to finance commercial space ventures. In June, 2005, he became Chairman and CEO of Four Star Aviation of St. Thomas, in which he is a 50% owner.

In 2006 he represented The N.Y Commodities Exchange in the successful negotiation of electronic trading rights with the N.Y. Mercantile Exchange. In 2008, he provided the process that enabled the Writer's Guild to settle their strike with the studios in Hollywood. Diamond has taught negotiation at the business schools of Columbia, NYU, USC, UCal/Berkeley, and at Oxford and Penn Law School, where he is an Adjunct Professor.

Participants have included managers and executives from 51 of the Global 100 companies and 124 of the Global 500, including IBM, Microsoft, JP Morgan, Exxon, Honda, Hewlett Packard, Yahoo, G.E., Lucent, Japan Airlines, SAP, Prudential, and leaders from a broad range of disciplines, including medicine, law, high technology, manufacturing, energy, chemicals, politics, information, biotechnology, sales, mergers & acquisitions. He has taught extensively in executive programs at Wharton and elsewhere to very high ratings.

LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT

facebook.com/JasonHartman.com

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters 

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1509_FBF_Improve_Your_Negotiating_Skills.mp3
Category:general -- posted at: 5:00pm EDT

“I’m an income property investor, and I love inflation!” Say it with me. Jason Hartman reveals the hidden wealth creator in the income property equation. 

Nobody wants to live in high-density areas anymore. It’s gone beyond the fear of coronavirus. Investment counselor, Doug, talks with Jason about Inflation, Inflation, Inflation. As well, Doug and Jason discuss the middle-class fiction. What is happening to our middle-class, and how can we learn to create wealth? Finally, rent is due, and residential tenants are paying, but are commercial real estate landlords having the same good fortune through pandemic times? Everyone is working from home, and most people are enjoying it. 

LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT

facebook.com/JasonHartman.com

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters 

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[1:00] Flashback to 1969: Unemployment rates, federal spending, federal debt, and the inflation rate (even tethered to gold)..all of this and the cost of a new home in 1969.

[6:45] “I love inflation.”

[10:30] Nobody wants to live in high-density areas anymore. It’s more than just coronavirus urging persons to move to suburban areas.

[13:00] We are watching the ultimate collapse of the “middle-class fiction.”

[17:30] The whole middle class is being hollowed out. 

[20:45] Rent stability seems to be almost on par with previous years.

[24:00] Commercial tenants are having a much bigger problem paying rent when compared to residential tenants. 

[28:00] Inflation, Inflation, Inflation. 

[34:45] If you give the government unlimited authority to deal with the climate, it won’t fix it. Instead, you’ll have an authoritarian government with an equal or worse climate. 

[39:30] People can work remotely, and they like it!

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1508_Inflation_Sectors__Rent_Collection.mp3
Category:general -- posted at: 5:00pm EDT

Are banks preparing for defaults on auto, credit cards, etc? Jason Hartman brings you financial updates across the US.

Jason Hartman is joined today by Chris Skinner, Chairman at the Financial Services Club and founder of Finanser. Chris has authored the books: Digital Bank: Strategies to Launch or Become a Digital Bank, Digital Human: The Fourth Revolution of Humanity Includes Everyone, and Doing Digital: Lessons from Leaders.

Jason and Chris talk about the future and the role that technology plays in it, or the lack of a role for humankind. This tech-talk touches on modern banking technology, how to start a bank with $50k. Lastly, robotics and philosophy. What is our purpose when work is in the hands of robots? 

Join Us Live: LiveStreaming: Tonight! July 15 @8PM.EDT

facebook.com/JasonHartman.com

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[1:30] Has COVID-19 brought an end to helicopter parenting?

[6:15] The banks are stockpiling money. What does this mean?

[14:00] The tax bill that we thought lowered people's taxes will substantially increase people's taxes. Find out how with George Gammon. 

Chris Skinner

[17:15] Banks have been challenged technologically because they have not updated their systems

[19:00] Antiquated banking systems are often referred to as spaghetti structures that need updates recently forced by COVID-19.

[19:30] Big banks are too big to fail.

[22:00] What makes Stripe such a standout business regarding FinTech Companies?

[27:30] Everyday living is in the new hip and cool bank. 

[28:45] Can anyone launch a digital bank?

[32:00] Switching gears to robotics and technology in the future.

[35:00] There have been two significant behavioral shifts immediately since this lockdown.

[38:00] On robotics and essential work, what happens when people no longer need to work?

Websites: 

TheFinanser.com

ChrisSkinner.Global

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1507_Chris_Skinner_Digital.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman responds to listener questions about renting versus owning their homes. If you are living in a cyclical market, it may be to your advantage to rent. A big congratulations go out to a multi-generational family of real estate investors through the Jason Hartman Network. Stay ahead of the curve, and invest in ideas that make sense the day you get them. 

New York and California, and similar high-density areas are having trouble enforcing social distancing. How will this affect possible migrations away from densely populated areas and the commercial property surrounding? As these changes are made, and retail spaces are being modified, what kind of zoning problems might come up?

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[2:00] “A year from now, you may wish you had started today.” -Karen Lamb

[4:45] Checking in with some listener questions. 

[11:45] “Skate to where the puck is going” -Gretzky .. Away from high-density cities and into suburban areas. 

Josh Simon

[17:45] How will New York and California, or any other high-density area, enforce social distancing? 

[22:35] How will specialized asset classes do through coronavirus, like self-storage?

[24:00] Are we going to see zoning issues turning some of these commercial spaces into alternative uses?

Websites: 

SimonCRE.com

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1506_Josh_SImon_Commercial_RE_COVID_part2.mp3
Category:general -- posted at: 5:00pm EDT

Be successful at anything! Jason Hartman shares wisdom on success from the simple idea of making distinctions and understanding nuances. As well, commodities investing is looking pretty rosy. Homebuilders are making up for the lost time. This rise in construction is causing a boom in demand for rebar and forest products such as lumber. This boom is also due to some growing DIY trends. 

Jason Hartman talks with Josh Simon, distinguishing different types of commercial real estate, and how they were affected by coronavirus. Most of the media was publishing that commercial real estate is suffering, but it's important to distinguish what kind. Commercial spaces have shifted from experiential to essential, but most successful companies are making adjustments along the way. 

Meet The Masters Virtual: July 31 – August 2

JasonHartman.com/Masters

Guests: Ken McElroy, Sharon Lechter, Harry Dent, George Gammon, Sean Carroll

Key Takeaways:

[1:00] Let's talk about making distinctions and understanding nuances. 

[7:00] Commodities investing looking pretty rosy?

[9:45] Home builders making up for lost time causes a boom in demand for rebar and forest products such as lumber. 

[11:00] Mexico's industrial production has cratered. 

Josh Simon

[13:45] While the news has published what they call disaster in retail spaces, Josh Simon clarifies exactly which retail spaces are struggling the most.

[18:15] Commercial space has moved mainly from experiential to essential.

[11:25] The grocery store will likely get smaller over time, with the center store's needs shrinking. 

[26:45] Discussing the trend of businesses adapting to the drive-thru, curbside and to-go services. 

[30:30] Analyzing commercial real estate stats for rent collection

Websites: 

SimonCRE.com

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1505_Josh_SImon_Commercial_RE_COVID.mp3
Category:general -- posted at: 5:00pm EDT

This episode of FlashBack Friday was Originally Released: December 13, 2011

Join Jason Hartman and Doug Casey of Casey Research for a candid discussion about the condition of America and what is to come. Doug feels we needed a depression, but it doesn’t have to be as long and dismal as it’s going to be for most people. The U.S. government has gone about everything completely opposite of the right way; it’s totally bankrupt. They’re selling money/debt to the Federal Reserve because no other country in the world wants to buy our devalued American dollar. Doug feels for the average American because he/she is not going to profit from it and is going to be turned into a common serf. Pension funds are in trouble and are nothing more than the government’s scheme to finance its debt.

We may see more wars in the future as politicians look for someone to blame, as happened in the Great Depression of the 1930s. The rich will be those that own real estate around the world. Doug feels it’s too early to buy U.S. real estate unless it’s bought with low-interest, fixed-rate mortgages because the debt will be inflated away. Sharing a position with Jason, Doug is not a fan of the stock market and feels that commodities are going to eventually bottom out with all of the new nanotechnology.

While he’s still bullish on commodities because he’s bearish on the dollar, Doug recommends buying real estate in other parts of the world, using Rothschild’s philosophy of buying when blood is running in the streets. Our biggest enemy is our government, so people must diversify politically, geographically, internationally, and most Americans don’t know anything about it. Looking at stocks, while Doug wants nothing to do with them for the most part, he sees mining stocks moving. They’re relatively cheap right now and while they’re a speculative venture, with thorough research, one can find a few good mining companies that are seeing strong returns.

Inflation is going to get a lot higher because the government has no choice but to print money to pay its debts. It’s the 11th hour and now is the time to act, to position yourself to ride out the storm. Doug’s guess is that when all of this bottoms, mortgage money will not exist and people the world over will have to purchase property with cash. They will be paying real value versus the inflated values of mortgage companies. Doug expresses his concern that our current economic situation is very serious. As he looks around, he doesn’t see any real bargains.

We’re still in the eye of the hurricane, and he forecasts that as we go back into the storm, it’s going to be a lot uglier than it was in 2008. He calls this the Greater Depression. This is a time when you don’t want to be rooted to a spot like a plant. In turbulent times, plants usually get eaten up. Doug is a widely respected preeminent authority on “rational speculation,” especially in the high-potential natural resource sector.

He is a high respected author, publisher and professional investor, and graduated from Georgetown University in 1968. Since that time, Doug has literally written the book on profiting from times of economic turmoil. He is the author of Crisis Investing, which spent multiple weeks on the New York Times bestseller list in the No. 1 position, and became the best-selling financial book of 1980.

Doug also authored Strategic Investing, breaking the record by receiving the largest advance ever paid for a financial book at that time. Doug’s next book, The International Man, was the most sold book in the history of Rhodesia. Doug Casey has been a featured guest on such TV shows and radio shows as David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN. He has also been the topic of numerous features in periodicals, such as Time, Forbes, People, and the Washington Post.

Doug divides his time between homes in Aspen, Colorado, Auckland, New Zealand, and Salta Argentina. He has written newsletters and alert services for sophisticated investors for over 28 years. He has lived in 10 countries and visited over 175. In addition to having served as a trustee on the Board of Governors of Washington College and Northwoods University, Doug has been a director and advisor to nine different financial corporations. Doug is currently the founder of Casey Research, a research company that watches every sector, looking for opportunities in the world.

Casey Research is a believer in free markets and understands the fundamental reality that the more a government interferes in a market, the more likely there will be consequences…negative for those unaware, but positive for those who are aware. More details about Casey Research can be found at their website:http://www.caseyresearch.com/cwc. Also, this PDF is from Doug’s view of War on Terror: http://my.caseyresearch.com/pdfs/crTcr20111116102350.pdf?ppref=RIV012SR1211A