Creating Wealth Real Estate Investing with Jason Hartman

Beware of the 'invisible tax,' inflation. Jason Hartman discusses inflation, poverty, and work-from-home lifestyle and advantages. In these challenging times, which professionals are able to stay optimistic? How are the elites transferring wealth?

In part II of today’s show, Jason interviews Jessica Mah, founder of inDinero. Tune in for pro-tips on loan approval for PPP & EIDL. How can you optimize your time with loan delays, and get ahead of the game? And, don’t forget to prep for the end-game of these loans, will they be forgiven? Follow the rules and we shall see. 

Key Takeaways:

[3:15] There are two types of taxation that we are paying: 1) The tax that we see, income tax, sales tax, etc 2) The inflation tax, which destroys the purchasing power of our money

[7:30] People are being driven into poverty in this quarantine, making it very difficult for some to adjust to the work-from-home lifestyle

[13:30] “Tis the set of the sails, And not the gales, Which tell us the way to go.” -Ella Wheeler Wilcox

[16:00] How are the elites transferring wealth?

[19:30] Jessica Mah, found of inDinero, helping entrepreneurs run better businesses

[20:50] PPP has run out? Only 6% of all applications have been approved by the SBA and funded. 

[21:15] The SBA is saying the best option is to use the bank you are already with, although Jessica has seen more success getting a loan through smaller regional banks

[23:15] Have you seen success in getting loans with brokers?

[25:30] Every bank is accepting PPP & EIDL applications even though they’re both on hold due to running out of money

[26:45] How can you be successful at getting your slice of the bailout pie?

[27:30] Pro-Tips: Show your work; have an excel spreadsheet that shows how you came to your figures

[30:30] How difficult is the one-page application? 

[31:00] The Magic Question, “What is all of the information you need from me in order for the bank to formally process my loan application and submit it to the SBA?”

[34:00] This loan could be forgiven if properly played out

[38:00] Encouraged to apply for PPP & EIDL, but PPP is the better of the two options for covering big payroll sheets

Websites:

Blog.indinero.com

covid@indinero.com

www.PandemicInvesting.Com

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1439_Jessica_Mah_inDinero_SBA_LOANS_PPP_EIDL.mp3
Category:general -- posted at: 4:00pm EDT

Today’s FlashBack Friday episode was originally published on October 13, 2010

Jason talks with Harvey Mackay author of the New York Times #1 bestsellers Swim With The Sharks Without Being Eaten Alive and Beware the Naked Man Who Offers You His Shirt. Both books are among the top 15 inspirational business books of all time, according to the New York Times. In total, Harvey’s books have sold 10 million copies worldwide, been translated into 37 languages and sold in 80 countries.

Harvey is a nationally syndicated columnist for United Feature Syndicate, whose weekly articles appear in 52 newspapers around the country, including the Chicago Sun Times, Rocky Mountain News, Orange County Register, Minneapolis Star Tribune and Arizona Republic. He also is one of America’s most popular and entertaining business speakers. Toastmasters International named him one of the top five speakers in the world. At age 26, he purchased a small, failing envelope company in 1959 which has grown to a $100 million business employing over 600 people. MackayMitchell Envelope Company is one of the nation’s major envelope manufacturers, producing 25 million envelopes a day. As chairman, Harvey’s philosophy is engrained in the company, beginning with its motto: Do what you love, love what you do and deliver more than you promise.

Harvey is a graduate of the University of Minnesota and the Stanford University Graduate School of Business Executive Program. He is an avid runner and marathoner, and former #1 ranked tennis player in Minnesota.

He currently sits on the board of the Minnesota Orchestra and is a former director on Robert Redford’s Sundance Institute and the University of Minnesota Carlson School of Management. He has been a guest lecturer at various universities and business schools, including Harvard, Stanford, Michigan, Cornell, Wharton and Penn State.

Central to Harvey’s business, and to his books, is the ability to stay competitive in the often cut-throat world of business, to ‘swim with the sharks’, without sacrificing one’s personal integrity or doing it at the expense of other people. He does this by focusing on building strong relationships with both customers and employees.

In fact, Harvey is a master of networking. He believes most people make the mistake of only turning to their network when they need it; for example, when they’re looking for a new job. Harvey says that networking is a lifelong practice that provides you with new knowledge and experiences, job security, expanded financial reach, and the strength of the group. The secret to maintaining a great network is, above all, knowing the value of the personal touch.

In spite of his hectic schedule, Harvey still finds plenty of time for family and fun. He’s an avid golfer (11.4 handicap) and recently won the Super Senior Men’s Championship at his home club in Scottsdale!

He and his wife, Carol Ann, have been married over 45 years, and enjoy spending time with their nine grandchildren. They are avid travelers, taking an annual trip to Italy, and planning upcoming tours of China and Africa.

Websites:

www.PandemicInvesting.Com

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1438_FBF__Harvey_Mackay.mp3
Category:general -- posted at: 5:00pm EDT

One of the top forecasters in the real estate industry, Barry Habib, joins Jason Hartman to discuss the money creation issue that’s happening worldwide. What truths about the mortgage market aren’t being told? The middle class has been taken under attack, and here are the tools to stay on top, and lose the least. 

Mark Your Calendar: 

TONIGHT! Thursday, April 16, 2020, More Details Here: TAX SALE Webinar Link

Key Takeaways:

[2:30] The middle class has been under attack for decades. Comment at JasonHartman.com/ask

[6:00] The return policy for real estate doesn’t come without a restocking fee

[8:00] In a depression, the person who wins is the person who loses the least

[9:00] www.PandemicInvesting.Com

[9:30] Barry Habib, "printing money can lead to inflation or hyperinflation" 

[19:30] What investments are you holding onto? 

[23:00] The fed is trying to loosen the money supply yet lenders and servicers are very concerned

[29:00] All of this stimulus has to be paid back, and the fed is first inline

Websites:

www.MbsHighway.com

www.PandemicInvesting.Com

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1437__Barry_Habib.mp3
Category:general -- posted at: 5:00pm EDT

From FOMO to a simpler life, I think we all expect some change post-Coronavirus. Jason predicts a migration away from densely populated urban areas, and the rise of suburbia. Has mortgage financing become a challenge that makes lenders worried, as Chase has stipulated a 20% down and 700 FICO? 

Liens, deeds, and certificates, find out all of the ins and outs of Tax Sales Profits with our guest, Julia M. Spencer, in part two of today’s podcast. Consider this the fast track to Tax Sales Profits when Julia and Jason would both advise you to take this time for continuing your education.

Mark Your Calendar: 

Thursday, April 16, 2020 More Details Here: TAX SALE Webinar Link

Key Takeaways:

[3:00] FOMO to A Simple Life, there’s change in the air

[5:45] 84% of the U.S. population lives in urban areas

[6:30] Population Migration? ‘Bets Made’ at JasonHartman.com/ask

[8:45] Lenders are worried, J.P. Morgan Chase massively increased the requirements to obtain mortgage financing

[9:40] bit.ly/thursdayfund Bring your questions to the Thursday Webinar

[10:30] Responding to JasonHartman.com/ask : Heed the warning! 

[17:00] Returning guest: Julia Spencer

[18:10] What are tax sales and how can investors benefit from them?

[23:00] Liens, deeds, and certificates: explain the differences

[28:00] What happens when someone doesn’t pay their tax bill?

[33:00] The defining characteristic between a lien and a deed is the redemption period

Websites:

JuliaMSpencer.com

www.PandemicInvesting.Com

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1436_Julia_M_Spencer.mp3
Category:general -- posted at: 5:00pm EDT

How will housing change? What kind of recession recovery will we see? Our guest today is here to discuss the looming recession due to Coronavirus. China is coming back online with products, but who will be on the receiving end? Jason shares predictions on the rise of suburbia and the ever-diminishing desire to live in high-density cities. Who will receive the U.S. bail-out?

Key Takeaways:

[2:00] Multi-generational living

[4:15] L, V, U, ? shaped recovery?

[7:30] You can’t shut down the economy for even 90 days and expect to not have a major recession

[8:50] China is coming back online to some extent now

12:48] Why would the U.S. bail out the cruise lines?

[18:00] The Federal Reserve is now a bond buyer and might soon become a stock buyer as well

[21:50] What’s to be made of all of the sudden CEO resignations?

[27:15] Expansions create millionaires but recessions create billionaires

[35:30] The rise of suburbia

Websites:

www.Financialsurvivalnetwork.com

www.PandemicInvesting.Com

TAX SALE Webinar Link

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CW_1435_COVID_Brings_Money_To_U.S..mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with Norm Champ, a partner in the New York office of Kirkland & Ellis LLP about preventing the next crisis. Find out some helpful financial tips from the author of Mastering Money: How to Beat Debt, and Be Prepared for Any Financial Crisis. As the former director of the Division of Investment Management at the U.S. Securities and Exchange Commission (SEC), Norm’s experience and viewpoint has many valuable lessons. 

Upcoming Events: 

Tuesday’s Funding Webinar: bit.ly/tue2pmet

Creating Wealth: 7 days per week

Home Based Business: bit.ly/taxprofit

Key Takeaways:

[2:15] Are we witnessing the collapse of the mortgage market?

[4:00] Stock up on food, and toiletries, but don’t forget to stock up on cash! Follow the golden rule

[8:05] Where is the next financial crisis going to come from?

[11:00] The home in which you live, is not necessarily something that needs to be owned

[17:00] Renting vs owning, taking care of the property is one of the major benefits to seeing ownership

[21:00] Understanding affinity fraud

[26:00] What is the Volker Rule? Was it supposed to replace the Glass-Steagall Act?

[34:00] There are some benefits from circulation between the private side and the public side

Websites:

www.NormChamp.com

www.JasonHartman.com

1-800-HARTMAN

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CW_1434_Norm_Champ_Mastering_Money.mp3
Category:general -- posted at: 5:00pm EDT

Happy Easter! More so than ever, the home is the center of the universe. Jason continues his pandemic investing discussion with Casey Weade about investment principles that work in hard times or easy times. If it makes sense the day you buy it, and the property is for essential living, you’re off to a good start. But before that, Jason shares a message from the client, Aaron about forbearance in these pandemic times. What do we know? What has changed? And will the fed rates continue to drop?

Upcoming Events: 

Tuesday’s Webinar: bit.ly/tue2pmet

Creating Wealth: 7 days per week

Key Takeaways:

[2:00] Happy Easter!

[6:20] Client Aaron, mortgage update, understanding forbearance in these times, what do we know?

[14:00] Will fed rates continue going down?

[20:00] Tech companies can’t make money?

[25:30] The home is the center of the universe

[30:00] Travel will change, and rentals will follow

[33:30] Vacationing is optional, so in tougher times, short-term rentals may suffer

[37:00] A good RV ratio, 1%, is worth its weight

Websites:

TAX SALE Webinar Link

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Tuesday’s Webinar: bit.ly/tue2pmet

Direct download: CW_1433_Easter_Pandemic_Investing_Pt_2.mp3
Category:general -- posted at: 1:00pm EDT

Be optimistic! It’s hard to stay positive in times of crisis, but Jason reminds us about controlling our perspective. The world will go back to normal. Think long-term, people and companies will figure out a way. 

In part II, Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it’s the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. 

Upcoming Events: 

Tuesday’s Webinar: bit.ly/tue2pmet

Creating Wealth: 7 days per week

Key Takeaways:

[3:30] We are trained to focus on the negative, hence the media’s direction

[4:30] Stay calm, keep good counsel, keep your eye on the ball, take action

[7:30] Entertain some of the conspiracy theories, at least for their entertainment value

[9:30] The world will go back to normal

[13:00] People and companies will figure out a way

[14:30] Act in your long-term self-interest vs short-term self-interest

[20:00] Casey Weade talks pandemic investing

[25:05] Crisis is an opportunity riding the dangerous wind

[28:00] Suburbia is uniquely American

[32:00] The remote world is becoming easier, and more friction-free

[34:00] When is the right time to start investing in real estate?

Websites:

www.RetireWithPurpose.com

TAX SALE Webinar Link

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Tuesday’s Webinar: bit.ly/tue2pmet

Direct download: CW_1432_Be_Optimistic_Crisis_Overted_Pan_Inv_Part_1.mp3
Category:general -- posted at: 4:00pm EDT

Today’s Flash Back Friday comes from Episode, 56 Originally Published June 2, 2008

Jason sits in the hot seat on The Al Rantel Show on KABC LA to talk about the current state of economic affairs, and then responds to listener questions. Hartman discusses inflation and the upcoming 2008 recession the very month that the U.S. recession is declared.

Upcoming Events: 

Tuesday’s Webinar: https://bit.ly/Tue2pmET

Creating Wealth: 7 days per week

Key Takeaways:

[5:30] “You can’t keep printing money and have the value of a dollar stay the same” -Hartman

[7:30] “Liar loans,” homes that people could obviously not afford

[10:00] Are we in a recession? Learn more about how the U.S. is declared to be in a recession by the NBER from Recession of Depression

[15:00] Understanding the diversity of real estate markets across the U.S.

[16:45] Buy a set of commodities with as much debt as you can

[20:00] Putting equity into a property is never a good deal

Websites:

Tuesday’s Webinar: bit.ly/tue2pmet

TAX SALE Webinar Link

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


In preparation for our show this weekend, Jason brings up the potentially forgivable loans from the SBA. Also, Jason discusses inflationary forces due to Trump's initiative for de-globalization. 

In part II, Dr. Kaeberlein, professor of pathology, talks about the disadvantages of the elderly when it comes to vaccines. Dr. Kaeberlein elaborates on why this is connected to Coronavirus vaccines. Find out more about anti-aging and the Dog Aging Project.

Upcoming Events: 

Tuesday’s Webinar: https://bit.ly/Tue2pmET

Creating Wealth: 7 days per week

Key Takeaways:

[2:30] The SBA is giving out potentially forgivable loans

[7:00] Link for Tuesday’s Webinar: bit.ly/tue2pmet

[9:20] De-globalization will lead to many inflationary forces

[13:20] Dr. Matt Kaeberlein, Coronavirus and Age, and why those two are connected in such an important way

[17:50] Can we overcome the disadvantage of the elderly when it comes to vaccines and susceptibility to viruses? 

[21:20] What therapies are you (Kaeberlein) working on to combat the age-related diseases? 

[23:40] “The goal is to try to identify either drugs or lifestyle interventions that have an impact on these molecular hallmarks of aging in the direction that we want them to go” - Dr. Kaeberlein

[26:20] We probably have interventions now that could have a significant impact on health and longevity in people

[29:20] Until we consider biological age in our approach to these diseases, we’re going to continue to fail

[30:20] What’s the dog aging project? 

[31:25] Does rapamycin slow aging?

Websites:

Tuesday’s Webinar: bit.ly/tue2pmet

www.dogagingproject.org

TAX SALE Webinar Link

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CW_1430__10th_Show_Dr._Matt_Kaeberlein.mp3
Category:general -- posted at: 5:00pm EDT