Creating Wealth Real Estate Investing with Jason Hartman

John Ulzheimer is the President of consumer education at SmartCredit.com. Recently, there was a massive ten-year, $200M credit card fraud scheme, spanning 28 states, eight countries, with 18 people arrested. Ulzheimer breaks down how this happened. He also give us a step-by-step process whereby a fraudster can create a synthetic consumer out of thin air. 

Ulzheimer shares tips for improving your credit score and preventing identity theft. He urges people not to close their old credit cards.

John Ulzheimer is a nationally recognized expert on credit reporting, credit scoring and identity theft. He is the President of Consumer Education at SmartCredit.com and the credit blogger for Mint.com. Formerly of FICO, Equifax and Credit.com, John is the only recognized credit expert who actually comes from the credit industry. He has served as a credit expert witness in more than 125 cases and has been qualified to testify in both Federal and State court on the topic of consumer credit.  Download John’s CV here.

John has 21+ years of experience in the consumer credit industry including positions with Equifax Credit Information Services and Fair Isaac (inventors of the FICO® credit scoring system). He has authored the following educational materials including:

  • You’re Nothing but a Number
  • Common Mistakes Made by Ineffective Credit Expert Witnesses
  • Top 10 Ways to Survive a Deposition
  • The Smart Consumer’s Guide to Good Credit

John has been quoted and published over 1,000 times since 2005 on the topic of consumer credit and has appeared numerous times on CNBC, FOX, CNN, CBS Evening News and Oprah’s “Oprah and Friends” XM Satellite Radio show. He has contributed to CNBC’s “On The Money” and “The Millionaire Inside”, Freddie Mac’s “Know Your Score” campaign, Oprah’s “Debt Diet” series and The Suze Orman Show. He is also a frequent commentator on credit-related issues in various outlets including CNBC, Associated Press, USA TODAY, Los Angeles Times, New York Times, CNN.com, Washington Post, American Banker, Wall Street Journal, SmartMoney.com, MONEY Magazine, Bankrate.com, ABC News Radio, CBS MoneyWatch, and other regional business and consumer media.

Since 2006 John has been a regular guest lecturer at The Westminster Schools in Atlanta and the University of Georgia in Athens. He also volunteers his time to speak about consumer credit to the Georgia Consortium for Personal Financial Literacy and the Atlanta Union Mission. He has also taught courses at Emory University’s Center for Lifelong Learning and guest lectured at The Walker School, both in metro Atlanta.

Visit John Ulzheimer's website at www.johnulzheimer.com.

Direct download: cw-313-JohnUlzheimer.mp3
Category:Podcast -- posted at: 10:05pm EDT

Professor Richard Epstein, pioneering Libertarian legal scholar, joins Jason Hartman to explain how income inequality is good for society, but is very dependent on the methods used to produce the best outcome. The current methods our government are attempting to use are causing job losses, it blocks gains in trade, the need for further public assistance increases, which in turn increases taxes, “yet another implicit drain on voluntary transactions,” Richard illustrates. He provides examples to demonstrate the consequences of equality by egalitarian efforts of our government versus voluntary redistribution.  Listen for more details at:  www.JasonHartman.com.

 

 Richard A. Epstein is the inaugural Laurence A. Tisch Professor of Law at NYU School of Law. He has authored several books, including Design for Liberty: Private Property, Public Administration and the Rule of Law, The Case Against the Employee Free Choice Act, Supreme Neglect: How to Revive the Constitutional Protection of Property Rights, and many more. Richard has written numerous articles on a wide range of legal and interdisciplinary subjects. He has taught courses in administrative law, antitrust law, civil procedure, communications, constitutional law, contracts, corporations, criminal law, employment discrimination law, environmental law, food and drug law, health law and policy, legal history, labor law, property, real estate development and finance, jurisprudence, labor law; land use planning, patents, individual, estate and corporate taxation, Roman Law; torts, and workers' compensation.

 

He also writes a legal column, the Libertarian, found at http://www.hoover.org/publications/defining-ideas/libertarian-archives, and is a contributor to Ricochet.com and the SCOTUSblog.

 

Direct download: cw-312-RichardEpstein.mp3
Category:Podcast -- posted at: 3:27pm EDT

CW 311: National Debt & Grassroots Political Campaigns with Dean Clancy VP of Public Policy for FreedomWorks

Jason Hartman interviews Dean Clancy, the Vice President of Public Policy of a grassroots movement called FreedomWorks, to discuss many hot topics and issues that our country is facing. Dean talks about the fiscal cliff and the ramifications of the policies pushed through on New Year’s Eve, and the money being thrown at special interests in typical bloated government fashion. Dean stresses the importance of voter participation and discusses some radical options to turn around the debt crisis and decentralize the system. He states there is more incentive in government to do the wrong thing than what is actually best for our country and its citizens.

 

FreedomWorks’ aggressive, real-time campaigns activate a growing and permanent volunteer grassroots army to show up and demand policy change. They believe individual liberty and the freedom to compete increases consumer choices and provides individuals with the greatest control over what they own and earn. They lead the fight for lower taxes, less government, and more freedom.

 

Dean Clancy is FreedomWorks’ Legislative Counsel and Vice President, Health Care Policy. He leads our efforts to reverse the government takeover of health care and adopt a patient-centered approach. Clancy has served as the top White House budget official on health care, Medicare, Social Security, and other major government spending programs; as executive director of the President’s Council on Bioethics; and as a senior policy advisor to the congressional leadership. Clancy boasts an impressive resume a deep expertise on a broad range of domestic and fiscal policy subjects. Jokingly referring to himself as a "recovering Washington insider," Clancy works closely with Members of Congress, grassroots activists, and the public to defend and strengthen the world's best health care system and reduce government interference in the doctor-patient relationship.

 
Direct download: cw-311-DeanClancy.mp3
Category:Podcast -- posted at: 8:44pm EDT

CW 310: Journey to Success with Jack Canfield NY Times Bestselling Author of the ‘Chicken Soup for the Soul’ Series

On this episode, Jason Hartman is joined by Jack Canfield, America’s #1 Success Coach, to talk about Jack’s journey to success as founder and CEO of Chicken Soup for the Soul Enterprises, founder and chairman of The Canfield Training Group, and his latest project, Bestseller Blueprint Training Program.  

As the beloved originator of the Chicken Soup for the Soul® series, Jack Canfield fostered the emergence of inspirational anthologies as a genre - and watched it grow to a billion dollar market. As the driving force behind the development and delivery of more than 123 million books sold through the Chicken Soup for the Soul® franchise (and over 500 million copies in print worldwide), Jack Canfield is uniquely qualified to talk about success.

His proven formula for success reached global acclaim with his most recent National Bestseller, The Success Principles™: How to Get from Where You Are to Where You Want to Be. Jack is a multiple New York Times bestselling author, including titles such as The Power of Focus, The Aladdin Factor, Dare to Win, You’ve Got to Read This Book! and The Key to Living the Law of Attraction.

Direct download: cw-310-JackCanfield.mp3
Category:Podcast -- posted at: 9:39pm EDT

CW 309: A Personal Journey from the .COM Crash to the Real Estate Crash with Roger Salam Founder and CEO of Winners Circle

Join Jason Hartman as he talks with real estate investor and Winners Circle founder and CEO, Roger Salam about Roger’s journey from going bust in the dot com business to becoming a successful real estate investor until the housing bubble burst.

Roger began this journey by investing in himself before investing in properties, but as he said, “I was getting ready to get ready to get ready, and I was so scared to pull the trigger for the first house.” Finally, with the help of a mentor, he purchased his first property…in a war zone of drug dealers and thugs.

He shares his experiences of cleaning up the neighborhood, building relationships and putting together a team of other investors. He started investing in higher quality neighborhoods and began working with hard-money lenders. Roger’s venture grew until it became nationwide, but the housing bust led to him unraveling his portfolio. Jason and Roger talk about the bad deals created by the banks and the shift in real estate deals that have created better opportunities for investors. Roger’s experiences taught him a lot and led him to create The Winners Circle.

Direct download: cw-309-RogerSalam.mp3
Category:Podcast -- posted at: 8:49pm EDT

CW 308: Cyprus Bailout & The Race to Debase Currencies with John Rubino of TheStreet.com and DollarCollapse.com

Jason Hartman and John Rubino of DollarCollapse.com tackle the latest hot EU issue happening in Cyprus with the potential implosion of the Cyprian banking system. John discusses what is on the table to bail out Cyprus and the consequences of any deals reached. He also shares his outlook for Japan, the U.S. and other countries around the world, including the race to debase currencies and the run to gold.

John Rubino manages the popular financial website DollarCollapse.com. He is co-author, with GoldMoney’s James Turk, of The Collapse of the Dollar and How to Profit From It (Doubleday, 2007), and author of Clean Money: Picking Winners in the Green-Tech Boom (Wiley, 2008), How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). After earning a Finance MBA from New York University, he spent the 1980s on Wall Street, as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.

Direct download: cw-308-JohnRubino.mp3
Category:Podcast -- posted at: 1:58pm EDT

CW 307: Gold Market Corrections & An Uncertain Future for Fannie Mae and Freddie Mac with Jim Rogers

Jason Hartman is joined by Jim Rogers, who is returning to the show a second time, to talk about Jim’s thoughts on several issues. Jim discusses the possibility of a major correction in the gold market, cautioning that it is not normal to have so many speculators rushing in right now. He gives his opinion on Fannie Mae and Freddie Mac, stating that eventually Congress may have to get rid of them and he doesn't see how they can continue to survive.

Jim gives his insights on real estate markets and the possible ramifications and benefits if Fannie and Freddie were gone. He also talks about the direction of home-building, and his opinion of the so-called “recovery” in our country, noting that certain sectors are doing quite well.

Direct download: cw-307-JimRogers.mp3
Category:Podcast -- posted at: 7:00pm EDT

CW 306: Central American Real Estate Investment Markets with Jason Hartman Podcasting from San Pedro, Belize

Jason Hartman just returned from his second real estate scouting trip to Belize and doesn't have much to show for it in terms of cash flowing income properties.  In this episode you'll hear his discussion from the beach in Ambergris Caye, San Pedro, Belize with a developer who is active in four countries in the region.

Direct download: cw-306-MikeCobb.mp3
Category:Podcast -- posted at: 1:00pm EDT

CW 305: American & International Real Estate Investing plus Judicial vs Non-Judicial Foreclosures with Investment Counselor Steve

Jason Hartman covers several issues in this episode including; American vs. international real estate investing, keeping ROI score, maintaining emotional stability, judicial vs non-judicial foreclosures, and much more with investment counselor, Steve.

Direct download: cw-305-JasonSteve.mp3
Category:Podcast -- posted at: 12:21pm EDT

CW 304: Nominal Dollars vs Real Dollars & Understanding Investor Psychology with Investment Counselor Sara

Jason Hartman talks with investment counselor, Sara, about investor psychology, overcoming obstacles and getting out of our own way.  The smoke-and-mirrors propaganda perpetuated by mainstream media (lamestream media as Sarah Palin says) in reporting the new high in the Dow Jones Industrial Average (DJIA).  

They almost always fail to distinguish between nominal dollars and real dollars.  Jason illustrates how investors have actually lost money in inflation adjusted dollars and how the Dow has to increase a lot more before investors break even based on the two peaks.  This lie is even worse when one considers how inflation is underreported in the consumer price index (CPI and CPI-U) due to weighting, substitution and hedonics (the hedonic index).  Another misrepresentation is the 'core rate' or 'core inflation' which strips out food and energy because they're too volatile.

Direct download: cw-304-LenderPanel.mp3
Category:Podcast -- posted at: 1:00pm EDT