Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman is joined by returning guest and best-selling author of The Creature from Jekyll Island, G. Edward Griffin, for a discussion of the hot topic of the United States’ “fiscal cliff.” 

As Mr. Griffin shares, the fiscal cliff is nothing new.  It has been there for roughly 50 years and applying a name to it now is a scare tactic by the government.  Mr. Griffin talks about fractional reserve banking and how it has led to the economic mess our country and world are in today.  It is no longer a fractional reserve; it is at zero reserve and Mr. Griffin feels the economy is going to collapse from all of the borrowing to pay old debt.  This will lead to a fully regimented society, which Mr. Griffin describes as drifting toward totalitarian, a scary concept. 

He goes on to discuss short and long term ways to protect ourselves, preserving any wealth one might have, and being prepared as much as possible for anything that may come to pass.  He feels the Fed will continue to inflate, raise taxes for a while, and then probably cut taxes again at some point.  It will be more of the same, more and more governmental control over our lives, more and more money created out of nothing, and less and less freedom. 

G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations.

His better-known works include The Creature from Jekyll Island, World without Cancer, The Discovery of Noah’s Ark, Moles in High Places, The Open Gates of Troy, No Place to Hide, The Capitalist Conspiracy, More Deadly than War, The Grand Design, The Great Prison Break, and The Fearful Master.

Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. In preparation for writing his book on the Federal Reserve System, he enrolled in the College for Financial Planning located in Denver, Colorado. His goal was not to become a professional financial planner but to better understand the real world of investments and money markets. He obtained his CFP designation (Certified Financial Planner) in 1989.

Mr. Griffin is a recipient of the coveted Telly Award for excellence in television production, the creator of the Reality Zone Audio Archives, and is President of American Media, a publishing and video production company in Southern California. He has served on the board of directors of The National Health Federation and The International Association of Cancer Victors and Friends. He is Founder and President of The Coalition for Visible Ballots, The Cancer Cure Foundation, and Freedom Force International. Mr. Griffin was recently a speaker at the September Casey Research Summit in Carlsbad, CA, speaking on Freedom Force.

Direct download: CW_663_FBF.mp3
Category:general -- posted at: 3:09pm EST

Jason takes a break from a Social Media conference to analyze stories from the USA Today’s Money section. He shares the new tech items which will affect real estate pricing in the future, the underemployment issue in the US and the median wage of CEO’s of major corporations.

 

Early Bird pricing is available for the Cincinnati, Ohio Real Estate Investment Property Tour scheduled for June 4th and 5th. There will also be a new Creating Wealth Seminar during the visit. 

 

Key Takeaways:

[4:24] Live video and Virtual Reality (VR) will impact real estate pricing by changing the value of the three cardinal rules of location, location, location.

[9:26] A 5% unemployment rate in the US means everyone who wants a job has a job. The real problem is underemployment.

[15:10] Some CEO’s make $9000.00 an hour while minimum wage workers are looking for $15 an hour.

[22:09] Does an early retirement equate to an early death sentence?

[23:46] Information for the June 4th & 5th Cincinnati, Ohio investment property tour and the next Creating Wealth Boot camp. 

 

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Direct download: CW_662_Jason.mp3
Category:general -- posted at: 3:23pm EST

When your car chauffeurs you on a long road trip it is proof that it is an amazing time to be alive! Jason is interviewed by Kerry Lutz from the Financial Survival Network and discusses the Panama Papers, the most historically proven asset class, income property, and the underlying corruption of our monetary system via the US Government and the Federal Reserve. Join us for our Jekyll Island Venture Alliance Mastermind trip and a short Jacksonville, Florida property tour.

 

Key Takeaways:

[1:38] Jason takes a long trip in Tessa, the self-driving car and discusses the pluses and minuses.

[6:03] Arbitrage is exploiting the differences in things like income property investments, supply and demand curves and commodities prices.

[9:16] Upcoming events include the Venture Alliance trip to Jekyll Island with a short Jacksonville property tour and the next Creating Wealth Boot camp and the Ohio area property tour.

 

Jason’s Interview with the Financial Survival Network:

[16:27] The people in government and on Wall Street set up offshore trusts and corporations to hide money, as the Panama Papers show.

[21:19] Why is there no start up solution to the Wall Street problem or the government problem?

[25:33] The Creature from Jekyll Island is the book about when the Federal Reserve was created.

[29:17] Aligning your interest with the government because the government will always take care of itself first.

[34:02] Paying small government fines is part of the Central Bank's’ business plan. It’s much less than what they steal by manipulating the system.   

 

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Property Tracker

Property Evaluator

Financial Survival Network

Direct download: CW_661_Jason_INTERVIEWED_by_Kerry_Lutz.mp3
Category:general -- posted at: 4:52pm EST

Today we’re celebrating our 300th episode of The Creating Wealth Show and wish to thank our loyal listeners and all of our fantastic guests who have made this show a success!  We’re looking forward to many more episodes, with many more opportunities to inform, educate and help people with the best strategies for their businesses, investments and lives.

To honor our 300th episode, Jason Hartman interviews Dr. Judith Wright, author of The Soft Addiction Solution: Break Free of the Seemingly Harmless Habits That Keep You from the Life You Want, and co-author with her husband, Dr. Bob Wright, of Transformed!: The Science of Spectacular Living.  Consider the various activities you partake in throughout the day or week…shopping, video games, Facebook, eating, watching TV, perhaps mindlessly biting our fingernails, browsing magazines or surfing the web. 

Judith explains the fine line between soft addictions that include coping skills and yearnings, and things we’re actually passionate about in our lives that help us live our best life.  Soft addictions don’t necessarily kill us, but they can kill our chance for a deeper, more connected and satisfying life.  Judith provides signs of some of these soft addictions that rob us of time, energy, money, love and more, and encourages people to learn the “Four Loving Truths.”

This provides a smooth segue into Drs. Judith and Bob Wright’s new book, Transformed!  Listen at: www.JasonHartman.com/podcast.

Judith is hailed as a peerless educator, world-class coach, lifestyles expert, inspirational speaker, best-selling author, and corporate consultant. She is called one of America’s Ultimate Experts”. She has appeared on more than 400 radio stations and 70 TV programs, including ABC’s 20/20, Oprah, Good Morning America, the Today show, Fox & Friends, and Montel. Her work has been featured in magazines and newspapers across the country, including Marie Claire, Fitness, and Health as well as The Chicago Tribune, The New York Daily News, and The Detroit Free Press. Judith is also the author of The One Decision.

Judith is an energetic, charismatic, and engaging speaker, and has an audience appeal that transcends age, culture, gender, and occupation. An expert in areas like relationships, creative conflict, work productivity, Judith’s latest venture is as president of The Wright Graduate Institute for the Realization of Human Potential, which she co-founded with her husband Dr. Bob Wright.

Direct download: CW_660_FBF.mp3
Category:general -- posted at: 3:15pm EST

Jared Lichtin is a real estate investor and podcaster who previously worked as a lawyer for the oil and gas industry in Appalachia, near his home in Northwest Ohio. He realized the uncertainty of his work in titling and deeding properties for the volatile industry and decided to start flipping houses. His first few projects proved profitable so he continues to buy and flip and then podcast about it. He shares his insider information about what to watch out for when investing in the oil and gas industry.

 

Join us in Jacksonville for a property tour before the Jekyll Island Venture Alliance trip.

 

Key Takeaways:

Jason’s Editorial:

[2:36] At 16, Jason decided to create abundance in his life through investing in income properties aka packaged commodities.

[7:36] Are the Saudi’s or the US behind the current artificially low oil prices? Here are 2 theories.

[12:45] Agency financing, through Fannie Mae and Freddie Mac, allows you to finance more than 10 properties at a great interest rate for 30 years.

 

Jared Lichtin Guest Interview:

[18:40] Jared graduated law school, worked for a law firm for the oil & gas industry and then started flipping houses after he noticed problems in the oil & gas market.

[23:15] How can you title, deed and will your oil & gas investments to others?

[28:01] Oil & gas investments are risky because there is nothing preventing the political landscape or environmental laws from changing.

[34:53] The exploration and production side of oil & gas companies is a seismic process which is technologically advanced and extremely volatile.

[37:18] It’s practically impossible to go wrong investing in real estate?

[44:03] Summary and contact information for Jared

 

Mentioned in This Episode:

Jason Hartman

Holistic Survival Show

Flip Podcast

@JaredLichtin on Twitter

Direct download: CW_659_Jared_Lichtin.mp3
Category:general -- posted at: 5:37pm EST

Many existing clients, and a few new ones, are closing on income properties using cash and delayed financing options to build their portfolios while interest rates are incredibly low. The next step will be for property holders to connect with their property managers to set expectations and to ensure current needs are met. And, there are possible new markets opening up in Ohio and Tampa, Florida.

 

Key Takeaways:

[4:34] Tax time is a good time to bring up the inefficiencies of our government and its employees. 

[9:51] Always look for the silver lining during troubled times and re-fi till you die.

[14:54] Clients, don’t be afraid to manage your property managers, engage them when you need answers.

[20:52] Mark your calendars for early June for a seminar and property tour in Ohio.

[22:38] Clients are building their portfolios and buying properties with cash and delayed financing.

[27:25] So, where should clients be buying properties?

[30:58] Interest rates are artificially low, it changes the dynamic of the market place. Exploit it today.

 

Mentioned in This Episode:

Jason Hartman

Cozy.co

Jhart88 on Voxer

Venture Alliance Mastermind

Direct download: CW_658_Sara_and_Jason.mp3
Category:general -- posted at: 4:37pm EST

Jason shares inspiration from Og Mandino, tax advice from CPA Peter DeGregori and Richard Lillycrop one of our British investors.

Direct download: CW_657_FBF.mp3
Category:general -- posted at: 6:59pm EST

J.C. Watts served in our nation’s Congress from 1995-2003 as a devoted conservative. His wide-ranging resume includes being an accomplished sports figure, Baptist minister, and a political commentator. He is currently the President and CEO of the Feed the Children non-profit organization and Founder and Chairman of the largest African-American owned lobbying company in Washington D.C., Watts Partners Consulting Group. His new book Dig Deep - The 7 Truths to Finding Strength Within details his extraordinary efforts to help people live the best life possible.

 

Key Takeaways:

 

Jason’s Editorial:

[3:52] Muggings and purse thefts have dropped but identity thefts are increasing so, have people fallen?

[8:12] Making governments smaller will make corruption more obvious and easier to detect.

[11:16] This is how we will get better real estate inventory from our providers for our clients.

[15:09] Will increasing interest rates cause real estate prices come down?

[20:57] Affordability is the primary driver of prices.

 

Congressmen J.C. Watts Guest Interview:

[24:36] The cheer of the crowd is intoxicating in politics, it makes one want to do what is popular instead of what is right. .

[28:25] The true goal of governments should be more taxpayers, not raising existing taxes.

[34:17] J.C. Watts new book, Dig Deep, is about doing life better.

[42:34] 90% of Feed the Children resources are deployed in the United States. In 2015, the program fed 9 million children.

[44:52] Unforgiveness leads to anger, anger leads to bitterness and bitterness leads to hatred.

 

Mentions:

Jason Hartman

Venture Alliance Mastermind

Feed the Children

J.C. Watts Companies

Direct download: CW_656_Congressman_JC_Watts.mp3
Category:general -- posted at: 2:50pm EST

Libertarian Austin Petersen is the Founder of the Libertarian Republican, a 2016 Presidential candidate, the Executive Producer & CEO of Stonegait LLC and a staunch believer that we the people need to get our currency out of the government’s hands. He wants Americans to vote for someone who has an investment in the future and who will bring about tax reforms in our fiscal and monetary policies.

 

Key Takeaways:

 

Jason’s Editorial:

[4:25] Crooked investors offer wraparound mortgages to homeowners and then don’t make payments which ruins the homeowner’s credit.

[7:30] A Jacksonville Florida semi-private property tour is scheduled just before the Jekyll Island Venture Alliance Mastermind.

[9:36] The huge, unprecedented demographic shift which is coming will have a huge impact on investors.

[20:20] As self-driving technology expands geography will become less of an issue and suburbs will become popular again.

 

Austin Petersen Guest Interview:

[24:30] Other presidential candidates are not talking about how increased oil production and fracking are what has caused the price drop in oil.

[29:40] Austin Petersen if elected, will bring about tax reforms in both our fiscal and monetary policies.

[31:02] Politicians pay no penalties for being wrong. This is an inherent problem in our democratic system.

[33:10] The Central Bank is at the heart of our monetary problems in the United States.

[35:42] The banking system in the US should allow for competition against it, the time for rigid control is over. 

[44:33] If it comes down to Trump and Hillary Americans will have to look at the Libertarian candidate, Austin Petersen.

[48:03] Contact information Austin Petersen

[49:15] There is direct tampering and brainwashing by the private two-party system.

 

Mentions:

Jason Hartman

Venture Alliance Mastermind

Hartman Education

Austin Petersen 2016

Austin Petersen on Facebook

@AP4LP on Twitter

Direct download: CW_655_Austin_Petersen20.mp3
Category:general -- posted at: 2:51pm EST

No, the above title is not a typo. According this week’s Creating Wealth Show guest, John Stapleford, it is possible for ethics and public policy to have a direct correlation.

Stapleford is not only a senior economist for Moody’s Economy.com, professor emeritus of economic development at Eastern University and former director of the University of Delaware’s Bureau of Economic Research but is also the well-known author of Bulls, Bears & Golden Calves. This book provides clear guidance for identifying and discussing important ethical issues connected to an economy’s organization and public policy issues from a faith-based foundation. Tune in to this two-part series and discover the crucial reasons why the study of economics should not be disconnected from ethical concerns. Upcoming shows will feature: Pamela Yellen, founder and President of Bank on Yourself and John Stapleford’s closing episode to his two-part series on ethics and public policy.

Direct download: CW_654_FBF.mp3
Category:general -- posted at: 7:00am EST

Jason’s mom will be attending the upcoming Venture Alliance Mastermind trip to Jekyll Island. She decided to prepare herself by reading the updated version of The Creature from Jekyll Island again. She and Jason review sections of the book and discuss the insanity which is the Federal Reserve and how the entity came to be. You are invited to join Jason and his mother on the Jekyll Island trip as a Venture Alliance member or as a guest. If you attend you will experience a piece of American financial history and possibly have your coffee disturbed by a famous hotel ghost.

 

Key Takeaways:

[3:47] Jason’s mother’s assessment of the book “The Creature From Jekyll Island” and the history of the Federal Reserve. 

[12:27] The ghosts of the Jekyll Island hotel do more than drink the guests coffee, they pick pockets too.

[18:28] Past podcasts guests, Chris Martenson and Bill Bonner agree, the Federal Reserve system is convoluted.

[22:38] We all easily pay 60% or more of our income to some sort of tax.

[32:36] Listeners must see the 99 Homes, The Big Short and Life and Debt documentaries.

[34:11] The government can tax people through taxes or inflation, which is the hidden tax.

[40:06] When you invest in income property you align yourself with the Federal Reserve.

 

Mentions:

Jason Hartman

Venture Alliance Mastermind

Direct download: CW_653_Jason.mp3
Category:general -- posted at: 9:02pm EST

As a former Senior Financial Analyst with the Federal Reserve of Dallas, Danielle DiMartino Booth researched and gained insight into US economic policy from behind the curtain of the central banking system . This allows her to forecast upcoming economic events such as inflationary periods and major shifts in the monetary system. She has a gift of translating high-level fiscal discussions into layman’s terms for large organizations.

 

Key Takeaways:

Jason’s Editorial:

[3:27] Everything is connected to the internet and has an app to monitor it. 

[6:11] A summation of the movie, 99 Homes.

[11:22] Listen to past and upcoming podcasts to shed a light on what we discuss at our Venture Alliance trips.

 

Danielle DiMartino Booth Guest Interview:

[17:36] Who is Richard Fisher and why did Danielle follow him in and follow him out?

[20:57] We should be servicing all debt in all forms, public and private.

[25:45] The gravest sin of the central banking system is taking the incentive away from education reform. 

[29:11] We are in a currency war and wars are not fought without a budget. Does this mean inflation is imminent? 

[33:34] When there are major shifts in the economy you should re-tool your workforce but Congress just extended unemployment benefits.

[37:43] Public pensions will be staring down the barrel of steep challenges.

[38:59] 9,000 businesses left California for Texas because Texas is a business friendly state.

[40:47] Contact Danielle and read her newsletters

 

Mentions:

Jason Hartman

99 Homes

Property Tracker

Property Evaluator

Venture Alliance Mastermind

Danielle DiMartino Booth and Money Strong

@DiMartinoBooth

Direct download: CW_652_Danielle_DiMartino_Booth.mp3
Category:general -- posted at: 3:12pm EST

As always, our purpose at The Creating Wealth Show is here to provide the cutting-edge information necessary to “create wealth” in today’s economy. 

Many of our listeners are interested in learning more about profiting from various business opportunities, we are now adding this “track” to our list of sought after real estate and financial experts.  Here to help us launch this new track is Dan Sullivan, co-founder of The Strategic Coach®.  As an international organization offering practical thinking tools and support, Dan Sullivan has structured his company to help individuals create the personal and professional future they want.

Dan’s strong belief in the power of the entrepreneur is evident in all areas of Strategic Coach which works to help entrepreneurs reach their full potential in both their business and personal lives. He is author of over 30 publications, including The Great Crossover, The 21st Century Agent, Creative Destruction, and How The Best Get Better®.

Direct download: CW_651_FBF.mp3
Category:general -- posted at: 5:04pm EST

For decades John Tesh has been entertaining people in all walks of life. He has excelled in live performances, sports announcing, news programs and now in radio on his Intelligence for Your Life TV show, where he shares the mic with his wife Connie Sellecca. He has earned six Grammys, two Emmys and an AP award for his brilliant work. In today’s podcast, John opens up to Jason about his various chosen professions, how he started his new venture and what really lights him up. Find out more about this amazing artist in this 10th episode lifestyle event.

 

Key Takeaways:

[5:20] Jason gets an email from listeners about autonomous vehicles. 

[20:23] John Tesh works in radio but sitting behind a grand piano is what lights him up.

[25:43] Tesh believes his show is a credible source of information in a sea of opinions.

[27:48] Is it wise to pick a lane or should you choose another path?

[32:09] In today’s world, you can reach your market directly through self-syndication.

[35:08] You can use the “against all odds” biographies of others as a blueprint for your life.

[40:23] Connie and John met at the gym. 

[43:19] Apprenticeship is the best education strategy.

 

Mentions:

Jason Hartman

Venture Alliance Mastermind

Property Tracker

Property Evaluator

Intelligence for Your Life On Demand

Direct download: CW_650_John_Tesh.mp3
Category:general -- posted at: 12:35am EST

Jason goes it alone in this very informative and futuristic episode. He breaks down vacancy rates so you know how often you can be without tenants and have a healthy passive income. He alerts us to tools which help us to do the math with our properties. He even has a special discount for his favorite tool, Property Tracker. He then delves into Peter Diamandis’s newsletter about why this is such an amazing time to be alive. You will be amazed to hear the possibilities we humans will have in less than 5 years.

 

Key Takeaways:

[4:26] Healthy vacancy rates

[8:52] Meet the Masters online course

[12:13] Raising rents and 2-year leases

[16:17] “Abundance: The future is better than you think”, new products coming our way

[24:41] We all want cheap, abundant energy

[25:42] Mapping the materials genome

[27:44] When the government misleads us about inflation it is an example of Moore’s Law

[30:59] Explaining hedonic indexing

[33:08] Recyclable carbon fiber composites

 

Mentions:

Jason Hartman

Hartman Education

Property Tracker

Property Evaluator

Diamandis

Abundance the future is better than you think - Peter Diamandis

Longevity & Bio-Hacking Podcast

Voxer

Direct download: CW_649_Jason.mp3
Category:general -- posted at: 8:24pm EST

Jason talks with Les Leopold on his new book: “How to Make a Million Dollars an Hour: Why Financial Elites get away with siphoning off America’s Wealth.” In the interview, Les details just how hedge funds are making unthinkable amounts of money.

Les Leopold co-founded and currently directs two nonprofit organizations, the Labor Institute of New York and the Public Health Institute. He designs research and educational programs on occupational safety and health, the environment and economics. He also serves as a strategic consultant to the Blue-Green Alliance which brings together trade unions and environmental organizations. One of Leopold’s projects related to his environmental line of work was instrumental in forming an alliance between the United Steel Workers Union and the Sierra Club, two giants in their respective spheres of influence. He is a proud graduate of Oberlin College and Princeton University’s Woodrow Wilson School of Public and International Affairs (MPA 1975).

Leopold also authored several other books about “The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi,” (Chelsea Green Publishing, 2006.) If you’d like to read more by Les, you can take a look at his articles published by AlterNet at http://www.alternet.org/authors/les-leopold-0

Check out this episode

Direct download: CW_648_FBF.mp3
Category:general -- posted at: 5:14pm EST

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

 

Mentions:

Jason Hartman

Voxer

Grant’s Interest Rate Observer

The Creature from Jekyll Island

Venture Alliance Mastermind

Direct download: CW_647.mp3
Category:general -- posted at: 1:11pm EST

If you are using microeconomics to plan for your future you may be ready to sell your assets and buy a “Preppers guide to self-sustainability”. But, if you take a step back and look at the bigger picture of macroeconomics you will see that it’s an amazing time to be alive. Jason’s guest Jawad Mian says “the key is to watch the disruption”. Manufacturing may be at an all time low but the services provided by Silicon Valley and the tech industry will offset any economic loss with growth, just in different terms. The market always corrects itself just differently than people perceive it to. The future is brighter than you might think.

 

Key Takeaways:

Jason’s Editorial:

[2:02] Jawad is a super interesting guy who spoke to us in Dubai

[4:20] John Naisbitt got me interested in macro trends in the economy

[6:34] Meet the Masters home study course in audio and video from Hartman Education online

[9:09] The Venture Alliance Mastermind is a high-level mastermind for real estate investors

 

Jawad S. Mian Guest Interview:

[11:21] The Chinese economy is crashing and the Fed will hike the rate at the wrong time

[15:24] The real growth in consumer spending is over 3% and stocks should have a positive year

[19:12] A perfect storm in Dubai, but it doesn’t feel like it’s in the midst of a crisis

[23:12] An example of the rental market in Dubai

[26:50] When central banks accumulate debt the debt becomes a write-off

[31:05] What about technology and unemployment?

[33:25] Contact Jawad or John Mauldin

 

Mentions:

Jason Hartman

Hartman Education

Stray Reflections

Code Red Book

Megatrends Book

Mauldin Economics

Voxer

Direct download: CW_646.mp3
Category:general -- posted at: 8:34pm EST

Jason Hartman is joined on this episode by Greg Farrell, author of Crash of the Titans: Greed, Hubris, The Fall of Merrill Lynch, and the Near Collapse of Bank of America, for a discussion of the economic crash and the resulting bailouts, as well as some of the inside dealings with some of the major banks, such as the buyouts by Bank of America.

Greg explains how these banks that participated in the buyouts grossly underestimated the depth of problems in their own banks and in those they acquired. Greg relates his research on Merrill Lynch’s attempt in the 1980s to become more like Goldman Sachs and other Wall Street banks, which was to their detriment because they lacked the expertise for such business practices, and became involved in and in the middle of many of the scandals of the late ‘80s and early ‘90s. Like CitiGroup, they were in over their head.

Jason and Greg discuss Wall Street in general and then specific financial groups regarding the recklessness and risky businesses, funds, etc, that they entertained to give the impression of higher rates of returns. As the plot unfolded, large bonuses to CEOs and high-producing brokers came into play, which encouraged an all or nothing attitude toward the company and fostered a “me” attitude versus long-term stability of the company. Greg also talks about what he calls the “Charlotte Mafia,” the clash of company cultures.

Greg Farrell is a correspondent for the Financial Times. In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo.

Greg is a past winner of the American Business Press’s Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. He earned a BA from Harvard University and an MBA from the Graduate School of Business at Columbia University.

Episode: CW 257: Crash of the Titans: Greed, Hubris and The Fall of Merrill Lynch and the Near Collapse of Bank of America with Author Greg Farrell

 

Direct download: CW_645_FBF.mp3
Category:general -- posted at: 6:24pm EST

Average Americans are speaking up and they want a hard ass in the White House. They are tired of the trouble making, intolerant progressive democrats who know nothing of economics. They may be in search of a man similar to Ronald Reagan, like Donald Trump. Both former president and possibly future president speak in generalities because it is their job to lead, not to be the experts. Trump will use the American military when it is needed to serve the best interests of the American public. Jason’s guest, Jeffrey Lord says Obama’s presidential leadership is considered weak among international leaders and it is putting America in jeopardy.

 

Key Takeaways:

 

Jason’s Editorial:

[1:13] Is Rand Paul too boring to get elected for President?

[4:52] Bernie is in the pocket of big labor unions

[6:15] Your questions answered - Income property, diversification, how to invest capital gains

[17:47] Venture Alliance, JHU Live in Salt Lake and Meet the Masters

 

Jeffrey Lord Guest Interview:

[20:06] The American left is not very tolerant

[24:42] Ronald Reagan and Trump are different people, but they both make great points

[31:18] CNN offered me a job and they don’t censor me

[33:03] Trump supporters are average Americans

[34:39] Trump talks in generalities and not in specifics

[37:38] Bernie Sanders is not an economist and has no clue about the economy

[39:59] Are the progressive democrats the bad guys?

[45:54] It’s probable Trump will be the republican nominee even after the loss in Iowa

[50:08] Trump would put businessmen in government positions, no more dynasties

[52:35] Re-orienting foreign policy towards national interests

[55:48] Displaying superior military strength works

[57:09] How to find Jeffrey Lord’s book

 

Mentions:

Jason Hartman

Venture Alliance Mastermind

What America Needs: The Case for Trump

The American Spectator

CNN

Deadly Gambits

Direct download: CW_644_Jeffrey_Lord.mp3
Category:general -- posted at: 7:10pm EST

Dick Cheney has been vilified more than any other Vice President in US history. His former employer, Halliburton, has been accused of misdoings and profiting from the Iraq war after the attack on the World Trade Center towers. Jason’s guest, James Rosen from Fox News says Cheney is a deeply analytical person who has studied  US history in search of clues from the past which may lead us into a brighter future. He says Cheney is to be admired for his running of the federal government directly after the 9/11 crisis. He promotes the buying of his book “Cheney One on One” to gain a deeper understanding of the man who ruled the free world for a few minutes from an underground bunker in 2001.

 

Key Takeaways:

 

Jason’s Editorial:

[5:14] Watch the video “How to analyze real estate investments and read a performa.”

[9:39] Jason answers listener questions about depreciation and appreciation

[15:38] Know how to keep score as an investor

[18:42] LTI ration - Land to Improvement Ratio

[20:45] Remember the Salt Lake City event is on March 12th. Join us for JHU Live!

 

James Rosen Guest Interview:

[21:58] 10 Hours of interviewing the most controversial VP in the US

[25:49] Cheney opened up about his spiritual beliefs through the years

[29:04] In Cheney One on One, Dick Cheney discusses 9/11

[32:11] What does Dick Cheney think about recent disruptive events?

[33:37] Statistics are manipulated

[36:54] Syria and the Israelis

[40:19] Buy the book and learn how Cheney’s mind works

[41:00] Contact information for James Rosen

 

Mentions:

Jason Hartman

Property Tracker

Property Evaluator App

Hartman Risk Evaluator

Cheney One on One

Angler

Fox News

@JamesRosenFNC

Direct download: CW_643_James_Rosen.mp3
Category:general -- posted at: 8:09pm EST

Join Jason Hartman and MC Company Principal and Co-Partner, as well as the Real Estate Adviser of Robert Kiyosaki, Ken McElroy, in this insightful discussion about real estate investing, inflation, and the effect of today’s economy on the rental markets. Both Ken and Jason learned the power of leverage to hedge against inflation, and in this episode, they share their combined knowledge with the listeners. Ken feels that investing in real estate and watching the dollar, mortgage rates, and inflation are lifelong endeavors and it’s important to stay on top of those things. He also shares why he prefers apartments over residential investments, expressing it allows greater control over the financial outcome of the asset.

Ken talks about the pent up demand of Gen Y’ers, who currently are forced to live at home due to scarcity of jobs, but who will eventually flow into the rental market if and when jobs are created and the economy begins to improve. Jason and Ken also share their similar knowledge regarding macro- and micro-markets, the importance of researching job markets, employment rates, population, schools, etc. “At the end of the day, it’s all about demographics,” Ken says.

Ken McElroy has over 20 years of experience in multifamily asset/property management, development, project/construction management, investment analysis, acquisitions and dispositions, business development, and client relations. With his years of experience and knowledge, Ken has a unique property management perspective. Ken authored the best-selling book, The ABCs of Real Estate Investing; The Advanced Guide to Real Estate Investing; The ABC’s of Property Management; and his most recent book, The Sleeping Giant. Ken, as the Real Estate Advisor to The Rich Dad Company, has also co-authored with Robert Kiyosaki several audio programs, including “How to Increase the Income from Your Real Estate Investments;” “How to Get Your Banker to Say ‘Yes!’;” and “How to Find and Keep Good Tenants.” Ken is a chapter contributor in the newly released The Real Book of Real Estate.

Ken is also a gifted speaker and has inspired audiences all over the world with appearances for several PBS specials and leading industry events. He hosts WS Radio’s weekly Entrepreneur Magazine’s Real Estate Radio program, interviewing experts in real estate, financial and legal arenas. Ken’s passion to educate others make these programs a favorite among listeners. Ken held several board positions, including President of Entrepreneurs’ Organization Arizona within Entrepreneurs’ Organization and Arizona’s Chapter of Entrepreneurs’ Organization, and is still an active member. He is active in the community and has served on advisory boards for Child Help and AZ Food Banks, where he conducted the largest food drive in the state of Arizona.

Direct download: CW_642_FBF.mp3
Category:general -- posted at: 10:38am EST

If you have been watching mainstream media to keep up with current events in the financial world you may not have heard of these alarming changes. Chris Martenson joins Jason to warn us all about the looming upheaval in the global economy, additions to legislation in the US, and how the stock market no longer makes sense. 2016 could be the year the world falls into a deflationary spiral causing many countries to default on their dollar based financial obligations. He says the warning signs are there and if you are concerned with keeping your life balanced you should be investing in alternatives to oil, fertile land and your emotional well-being.

 

Key Takeaways:

 

Jason’s Editorial:

[1:42] Why is it an amazing time to be alive?

[2:48] The Salt Lake City JHU Live event

[5:14] Join the Venture Alliance Mastermind - Commandment #3 Thou shalt maintain control

 

Chris Martenson Guest Interview:

[9:09] Will Brazil be the first Black Swan default country?

[14:21] During the global downturn there will be nowhere to turn

[15:35] Japan - Demographics and the lack of natural resources will be their downfall

[17:59] The economic debt of the world is 200 Trillion dollars

[20:30] Normalizing interest rates

[21:37] 2016 - The global economy could go into a deflationary pattern

[27:46] The Omnibus spending bill made derivatives senior obligations of the banks

[33:13] People should become aware of the risks and make an action plan

[35:25] “How to Prosper” and how to become resilient

[40:12] The stock market no longer makes sense

[43:34] Robots will be a true disruptor

[45:44] The future will see 3 billion people in the middle class who are consumptive

[49:49] How to contact Chris and get the “How to Prosper!” book

[50:26] Losing emotional capital costs more than financial ruin

 

Mention:

Jason Hartman - To Enter the Contest

Jason Hartman - To Sign up for Salt Lake City

Venture Alliance Mastermind

How to Prosper!

Peak Prosperity

Direct download: CW_641_Chris_Martenson.mp3
Category:general -- posted at: 7:54pm EST

Jason starts things off with his thoughts on cycles of opportunity, autonomous cars, and information about how you can win free tickets to the next JHU event. The JHU event will highlight how to evaluate properties for the most historically proven asset class in the world. And returning guest, Dan Millman who is the author of 17 books, talks about his new book “The Four Purposes of Life”. He shares his special life calculator which utilizes the numbers from your birth date to enlighten you about your life path. This information can help guide you on your journey.

 

Key Takeaways:

 

Jason’s Editorial:

[4:32] The opportunity cycle when supply exceeds demand requires sorting

[10:00] The autonomous cars will be virtually everywhere, it’s a game changer

[14:45] The problem with statistics

[18:57] Land contract options available

[21:15] Evaluating properties at the next Jason Hartman University Live event

 

Dan Millman Guest Interview:

[24:25] Writing The Four Purposes of Life

[26:29] What are the Four Purposes of Life?

[28:56] Purpose #4 - Attend to the arising moment 

[34:15] Increase your quality of presence

[35:55] Purpose #1 - Learn the lessons of life a little more gracefully

[39:51] Purpose #2 - The difference between your career and your calling

[43:04] Purpose #3 - Discover life’s path

[47:45] All of my books have their own purpose

[48:25] 12 required courses in the school of life

[50:00] Contact information for Dan Millman

 

Mentions:

Jason Hartman

Way of the Peaceful Warrior

Insurance.com

Property Tracker

Property Evaluator App

The Four Purposes of Life

The Way of the Peaceful Warrior

The Creative Compass

Life Purpose App

A Life you Were Born to Live

Everyday Enlightenment

Direct download: CW_640_The_Four_Purposes_of_Life.mp3
Category:general -- posted at: 11:49pm EST

Join Jason Hartman as he interviews author and financial journalist Roger Lowenstein regarding the history of Wall Street’s demise. Roger talks about the increases in choice, risk, hedging, more volatility, and how free markets are open to speculation, greed, fear and manipulation. There are more markets today susceptible to booms and busts. In the old days, local bankers determined loan eligibility. Today, bankers internationally, who don’t know anything about their clientele, determine eligibility, often to the detriment of the borrowers.

Roger and Jason debate whether Wall Street needs more regulation or deregulation, and discuss the consequences of government interference. They also talk about many of the Wall Street mistakes and the corporations that were rescued by the bailouts and the unprecedented number of failed mortgages.  They end their discussion with observations of the Occupy Wall Street movement.

Roger Lowenstein graduated from Cornell University and was a reporter for the Wall Street Journal for more than a decade, including two years writing it’s “Heard on the Street” column. He has published five books, including The End of Wall Street, When Genius Fails, and Buffet: The Making of an American Capitalist. He is also the director of Sequoia Fund. Roger is the son of Helen and Louis Lowenstein. His father was an attorney and Columbia University law professor who wrote books and articles critical of the American financial industry. Roger himself has also written numerous financial articles.

 

Direct download: CW_639_FBF.mp3
Category:general -- posted at: 10:46pm EST

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:

Jason Hartman

Investor in the Family Podcast

1984 - George Orwell

 

Direct download: CW_638_Jason_INTERVIEWED_by_Brian_Bain.mp3
Category:general -- posted at: 9:30pm EST

Buying income properties in high-end markets isn’t for everyone. First, you need to be able to raise sufficient capital to purchase the property and then secure top monthly rents from tenants. Sharran Srivatsaa with Teles Properties shares how his company has changed the game in the upscale market by building their own in-house software platform which fits the needs of their specific market and by creating a corporate culture of “do what you do best”. Realtors in their sales division are incented to do only the things which drive positive sales results.

 

Key Takeaways:

 

Jason’s Editorial:

[2:52] Commandment #5 - Thou shalt not gamble

[4:47] Venture Alliance members Jeff & Shannon have a 22% annual return on investment

[6:00] Watch financial documentaries on Netflix

[8:50] “A Crisis Era Mortgage Makes a Comeback” from the WSJ

[13:20] JHU Live in Salt Lake City, Utah

[16:03] The US is unique in all the world with the reserve currency status

 

Sharran Srivatsaa Guest Interview:

[23:31] A quick history of the strategy behind Teles Properties

[26:00] Agents want to be doing these 3 revenue generating things

[27:52] Teles launches new releases of their in-house software platform like Apple does

[33:09] How is Teles making California income property work?

[35:47] Real cost of adding an additional unit to each property

[39:25] Having all of your eggs in one high-end basket

[46:04] The Big Short movie

[48:06] The Rochester, MN, Huntsville, AL, Raleigh-Durham, NC and Dallas, TX markets

[50:44] Raising capital for real estate investments

[52:58] Contact Sharran at Teles

 

Mentions:

Jason Hartman

Jason Hartman University

Teles Properties


James Altucher is the Managing Director of Formula Capital and Founder of Stockpickr. He writes the popular blog, “Altucher Confidential.” He is also the author of the new book “Choose Yourself: Be Happy, Make Millions, Live the Dream.” James first went through big publishers but now explains how viable self-publishing is and how he promotes his books.

James frequently holds Twitter chats with his followers and has even written books based off these conversations. Now he is paying people to read his new. book. This strategy is already revolutionizing content marketing. James is the first person to pre-sell a book on Bitcoin. He describes his outlook on this currency, and how will it affect gold’s value.

Visit Altucher Confidential at www.jamesaltucher.com.

Direct download: CW_636_FBF.mp3
Category:general -- posted at: 1:13pm EST

A presidential candidate's health is extremely important considering how presidents of the past have aged prematurely during their time in office. If Hillary is exhibiting current health issues, what condition will she be in four years from now? Her health is just one of the many reasons Jason’s guest, Author Edward Klein, says we should vote to ensure she does not end up in the White House again, this time as POTUS. Hillary is constantly getting caught in unethical activities and somehow escapes prosecution. She may be creating smaller scandals to distract us, the American public, from her illegal activities which are on a much larger scale.

 

Key Takeaways:

[2:03] Jason is still in Dubai for the Ad-Venture Alliance trip

[4:30] Be on the right side of the commodities which are consumed

[7:13] Don’t miss JHU Live on March 12th in Salt Lake City, Utah

[9:00] The looming asset shortage

[13:16] The wealthy class continues to grow

[15:09] It’s an amazing time to be alive

[18:54] Meet the Masters online course

 

Edward Klein Guest Interview:

[21:30] 60% of people relate the word liar to Hillary Clinton

[22:25] Democrats either think you hate women or you are blind to Hillary’s qualities

[23:46] Will Hillary be brought to justice for the private email server in her basement?

[28:33] Unlikeable includes some unethical and illegal examples Hillary’s indiscretions

[29:52] Bernie is putting up a hell of a fight but he’s a communist

[31:05] Hillary’s health is an additional issue to consider

[32:52] We get the government we are willing to tolerate

[34:00] Contact Edward at sign up for his confidential

[34:38] Trump represents the insurrection to save Americans

 

Mentions:

Hartman Media

Jason Hartman University - JHU Live

Hartman Education for the Meet the Masters online course

Edward Klein

The Amateur

The Truth About Hillary

Unlikeable - The Blood Feud

Direct download: CW_635_Edward_Klein.mp3
Category:general -- posted at: 7:59pm EST

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

Direct download: CW_634_Commercial_vs_Residential.mp3
Category:general -- posted at: 11:33pm EST

Jason Hartman invites prior guest Joel Grasmeyer  back on the show to talk about updates to one of the greatest software tools for property investors, Property Tracker. 

Joel started PropertyTracker.com in 2004 after creating and using this software himself to evaluate and keep track of his own investment properties. Property Tracker is a two-part tool, like having a property analysis tool in your pocket. The Property Evaluator tool allows you to analyze and compare properties in which you’re interested, providing a one-year projection on cash flow, cap rate, and return on investment, and a multi-year projection on true rate of return. The Property Tracker tool help keep track of the performance of properties you already own, based on actual income and expenses rather than projections. It also provides an “instrument panel” to let you see when it’s time to buy, hold, sell, or even do a 1031 Exchange. At the end of the year, this tool allows you to print up a Schedule E. Recent enhancements allow the investor to email PDFs to lenders or investment partners directly from your iPhone. Real estate agents can add their own branding to the cover page, heading and footer of the report and email it to potential investors.

With the introduction of the iPad, Property Evaluator became even easier to use, with the ability to input more information with full-screen PDF capabilities to email reports directly from the iPad, as well as print the reports from the iPhone and iPad. Available products are the web-based Property Evaluator and Property Tracker, and the standalone apps for iPad, iPhone, and Mac, which is just a one-time fee. There are three versions for the iPhone and iPad:  Standard, Premium and Pro editions. Jason highly recommends the software for its multiple uses and benefits at such an affordable price. Jason and Joel also discuss other investment related issues, such as the Affordability Index, cap rates, interest rates, and the different approaches to valuation of properties.

Direct download: CW_633_FBF.mp3
Category:general -- posted at: 5:14pm EST

Using your personal credit as a vehicle to obtaining business credit is unnecessary and a waste of time. It is possible for your small business to get higher credit limits by buying a shelf corporation which has been properly aged. If you are doing business in an industry deemed “risky” it may be harder to get business credit, but not impossible. Jason’s guest, Gerri Detweiler shares little known but very important tips and tricks to NAVigating the business credit system including who reports pay schedules and why it’s good to use Facebook like everyone is watching (*hint - it’s because they are).

 

Key Takeaways:

 

Jason’s Editorial:

[2:38] Questions from investors about self-management & property appreciation

[11:20] Baltimore, Philly and the rest of Pennsylvania

[15:10] Kari’s personal rental in California

[18:14] Fixing and Flipping? There is an app for that

[19:01] JHU Live on March 12th in Salt Lake City, Utah

 

Guest Interview Gerri Detweiler:

[20:55] The reason why shelf corporations are attractive

[25:22] Leave your personal credit out of your business

[28:21] Business credit and small business loans

[32:16] Business credit reporting agencies

[36:10] The mystery which is business credit

[37:55] How do you know whether or not you have a business credit rating?

[39:44] Getting started with business credit is very easy so why wouldn’t you do it

[41:16] Transitioning to business credit

[42:41] Equity crowdfunding and how it gets interesting for business owners

[46:46] Character in lending

[47:42] Contact Gerri & get the book

 

 

Mentions:

Jason Hartman

We Go Look

Property Fixer

Jason Hartman University

Finance Your Own Business

NAV

Experian

Dun & Bradstreet

Kiva Zip

Corporate Direct

Direct download: CW_632_Gerri_Detweiler.mp3
Category:general -- posted at: 10:30pm EST

The Birmingham market offers a whole new level of real estate investing. The possibility of owning two properties for what you might pay for one in other markets gives investors twice the opportunity and a bigger portfolio. If your property is listed as Section 8 eligible you are almost guaranteed a rent check every month. The city of Birmingham is focused on re-inventing itself by revitalizing the downtown area. The ROI on these investment properties is just too good to miss.

 

Hurry to sign up for Jason Hartman University Live event in March in the lovely ski destination city of Salt Lake City, Utah.

 

Key Takeaways:

[1:56] Who is skipping Flashback Friday? Jason calls you out

[5:34] Kari weeds through the local market specialists

[11:11] We make local market specialists go through hoops to do business with us

[16:35] Possible new projects in Phoenix, Charlotte, St. Louis, Dallas and Austin 

[22:10] Property Tracker and Property Evaluator help you evaluate real estate deals

[24:07] Be sure to sign up for the Salt Lake City, Utah JHU Live event in March

 

Birmingham Profile from Chris:

[25:13] Controlling a physical asset is a big draw to real estate investing

[26:22] The cost of living and barrier to entry in Birmingham is lower than other markets

[27:57] The city of Birmingham has been investing to revitalize the city

[29:56] Getting the right contractors and property manager is the key to acquisitions

[32:47] Vetting property managers and holding them accountable

[36:15] Section 8 investment properties are an almost guaranteed rent check

[38:40] ROI on many properties in Birmingham are above 40%

[42:19] Qualifications and customizations for target rehab properties

[46:53] Home warranties generally don’t apply to our level of investors

 

Mentions:

Jason Hartman

Jason Hartman University Live

Birmingham Properties

Property Tracker

Property Evaluator

Direct download: CW_631.mp3
Category:general -- posted at: 6:14pm EST

Robert Greene, best-selling author of such books as The 48 Laws of Power, The 33 Strategies of War, The Art of Seduction, The 50th Law (with rapper 50 Cent), and Mastery, joins Jason to talk about his wheelhouse topics – power and strategy.

Key Takeaways

· Jason’s take on the current state of European real estate investing – are there any likely prospects?
· What does it mean to become a master in your field? Why do so few people achieve this level of expertise?
· Discovering your calling is easy to say but here’s how you actually do it
· How to avoid hitting the proverbial career wall in your 30’s
· The telltale clues that you might be an entrepreneur
· Charles Darwin’s story – how this unassuming young man became one of history’s most renowned scientists
· Lose your self-absorption and increase your manipulative powers
· There are more types of seduction than you might realize. Here are 9 of them. How to discover your natural seductive area
· How to apply Napoleon’s classic flanking maneuver to your business

Links

www.powerseductionandwar.com
Robert Greene on Wikipedia

Direct download: CW_630_FBF.mp3
Category:general -- posted at: 4:15pm EST

Orlando is more than Disney, it’s a well-rounded city. There are major medical companies investing in the surrounding area. There are also basics to the State of Florida which make it a good place to invest. It offers asset protection, has no income tax for its residents and is pro-business and pro-landlord. This hybrid market is ripe and when the real estate market there corrects itself investment properties will appreciate to their proper values.

 

Key Takeaways:

Jason’s Editorial:

[2:01] To own or rent, that is the question

[5:56] City by city comparison for rent to own from Smart Asset calculator

[11:30] You can be winning in real estate even if it feels like you are losing

[13:37] The bigger the government the smaller the citizen

[15:00] Over time linear markets make sense

 

Orlando Local Market Specialist Interview:

 

[19:11] Foreclosures allow you to go cash flow positive in Orlando

[19:58] Market basics for achieving cash flow and appreciation

[22:58] Judicial foreclosure states versus non-judicial foreclosure states

[24:41] Removing the supply drives the price upwards and eliminates cash flow properties

[26:06] Buying below replacement costs in Orlando

[27:33] Las Vegas may be a massively over speculated, natural growth was needed

[29:16] Large companies are investing in Orlando

[31:09] Everybody knows Orlando, Florida - It’s more than Disney

[37:05] The right team, great deals are available and it’s landlord friendly

[38:23] Our management team was built for investors by investors

[39:58] Nobody wants an eviction but if it happens our group does it well

[44:05] Making the right choice in the real estate market - look 10 years in either direction

 

Mentions:

JasonHartman.com

Jason Hartman University

Smart Asset

Direct download: CW_629_Orlando_Market_Profile.mp3
Category:general -- posted at: 5:47pm EST

Why do financial institutions exist and what is their proper role in our society? Today guest John Taft shares the original purpose and mission of the financial services industry. It may seem Wall Street is unwilling to do the right thing by aligning itself with businesses and helping real people in the real world through investments, but Mr. Taft says there are organizations which are still respected and he believes the system will soon right itself. He leaves us with a timely investment tip which is not to be missed.

 

Key Takeaways:

 

Jason’s Editorial:

[3:40] Jason voted with his feet - By leaving a high tax jurisdiction

[8:16] Forcing us to provide our own services

[10:08] True capitalism doesn’t allow for big corporations like we have today

[12:36] Understanding how assets classes react to different economic scenarios

[13:24] Join us in Salt Lake City, Utah for our new JHU live event

 

John Taft Guest Interview:

[16:35] A modern economy couldn’t exist without a financial system

[18:59] Every 10 to 20 years Wall Street forgets what it is supposed to be doing

[20:48] Some people go to Wall Street to make the world a better place

[25:51] The fundamental function of financial institutions is ...

[28:41] Roger Martin is a respected business school dean

[31:09] The good news to come out of the financial crisis

[34:04] The CFA Institute website

[36:19] The importance of financial innovation its function and its purpose

[38:38] We are still in a secular bull market for equities

 

Mentions:

RBC Wealth Management

A Force for Good

Stewardship

CFA Institute

Case-Shiller Index

Finance and the Good Society

Jason Hartman - Matrix Slides

Jason Hartman - JHU live event

Direct download: CW_628_John_Taft.mp3
Category:general -- posted at: 9:16pm EST

Jason talks with Michael Kitces, who is a financial planner and runs the blog Nerds Eye View.

Direct download: CW_627_FBF.mp3
Category:general -- posted at: 5:06pm EST

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

[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

[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

 

Mentions:

JasonHartman.com - For the Matrix powerpoint

Cozy

@cozyco

Hartman Education - Meet the Masters of Income Property Slides

Direct download: CW_626_Gino_Zahnd.mp3
Category:general -- posted at: 4:09pm EST

How do families with a high net worth keep, grow and protect their wealth for future generations? They put their families to work in single, family and virtual family offices. The idea behind the resource is to allow the wealth creator of the family enough time and space to create additional wealth while everyday tasks such as investments and insurance can be handled by industry specialists. Basically, when you are ultra-rich you need someone else to manage your daily and long-term financials to avoid possible costly mistakes.

 

Key Takeaways:

 

Jason’s Editorial:

[1:26] Is the economic “recovery” a myth?

[4:30] The robotics revolution may be the harbinger of creative destruction

[7:50] Rents increasing in 2016 - Business Insider article

[11:21] Living standards will decline all over the world in the near future

[12:43] Making the math work in high tax states in difficult

[15:36] Consider your real estate portfolio is a family office

[21:39] Venture Alliance Mastermind in Dubai is coming up and a new Jason Hartman University

 

Richard Wilson Guest Interview:

[23:45] A family office is a money management system for the wealthy

[24:30] There are 14.4K ultra-wealthy people in the world

[26:42] Family office terms - multi, single and virtual

[30:59] We are in the process of adoption

[32:26] The reason Family Offices exist is to curb costly mistakes

[38:30] Investors can use real estate strategically

[42:46] The Family Office structure should be based on core goals

[45:41] Family members run the family offices for a spectrum of privacy

[47:22] The U.S. is still the #1 place for value growth

[51:22] Traditional and creative ways to work with families

[54:15] Contact information for Richard

 

Mentions:

JasonHartman.com

Dogvacay

Rover

Venture Alliance Mastermind

Hartman Education

Mastering the Rockefeller Habits

Family Offices

The Single Family Office book

Direct download: CW_625_Richard_Wilson.mp3
Category:general -- posted at: 3:41pm EST

Jason Hartman takes a unique middle ground on the Occupy Wall Street protests since Wall Street doesn’t represent capitalism as the right-wing media would have us believe while the left-wing media who supports big government and big unions doesn’t represent capitalism either. Both sides are promoting a fairy tale.

A recent Facebook post sums it up fairly well: This whole issue really isn’t that simple. I assume that most of the protesters are clueless folks who need haircuts; however, so is the conservative media (that I mostly agree with) in saying that Wall Street represents “capitalism” – nothing could be further from the truth, Wall Street, banks and mega-corporations are mostly ANTI-CAPITALISM in that they are playing a rigged game with lobbyists, government cronyism and insider dealings at every level. They use lawyers, accountants and PR firms to commit their crimes. There is very little capitalism on Wall Street.

If you’re looking for capitalism, look at Main Street, where small business operates under far too much government interference. Jason discusses the powerful “Qualified Written Request” (QWR) letter and how it can be a tool for loan modification, short sale, deed-in-leiu of foreclosure and foreclosure litigation.

You’ll also hear a short article from Jason’s newsletter, The Financial Freedom Report, on that all to upsetting topic of “Too Big to Fail.”

 

Direct download: CW_624_FBF.mp3
Category:general -- posted at: 3:00am EST

Is there a safe place to invest your money within the Chinese economy? Jason’s guest and author of the new Crouching Tiger book, Dr. Peter Navarro says no. He sees through the beefing up of the Chinese military as a way to distract from the economic failure which is drawing near. China is claiming additional territories and it says it doesn’t want conflict with the U.S., but its strained relations with Japan may force the U.S. into defensive mode. Dr. Navarro says he is surprised none of the 2016 U.S. presidential candidates are discussing the issue and stresses foreign policy should be the number one talking point of the future U.S. president.

 

Key Takeaways:

Jason’s Editorial:

[1:40] Upcoming Venture Alliance Mastermind in Dubai

[7:19] Saudi Arabia is Snapping Up US Farmland - Rob Quinn, Newser

[12:24] Here’s what you can expect to pay for a rental in 10 major US cities

[18:02] Check out our Meet the Master’s of Income Property Home Study Course

 

Dr. Peter Navarro Guest Interview:

[20:50] A geopolitical detective story - the story behind Crouching Tiger

[23:51] China was the most powerful economy and country for 5,000 years

[27:02] This book is designed to educate financial analysts about the geopolitical risks in Asia

[28:53] Is the U.S. required to get involved in China - Japan relations?

[31:19] Why does the U.S. have 300,000 troops in Asia?

[32:30] Creating Wealth listeners should be doing these things

[35:20] Japan is an island nation with no natural resources

[37:20] Hindi Chini Bhai Bhai - India and China are brothers

[40:47] The Chinese economic miracle is over

[46:19] Find out more about the Crouching Tiger book and documentary

 

Mentions:

JasonHartman.com

Venture Alliance Mastermind

Avicii

Saudi Arabia is Snapping Up US Farmland article

Rental Reality - What You Can Expect to Pay for a Rental in 10 Major US Cities article

Meet the Master’s of Income Property Home Study Course

Crouching Tiger by Dr. Peter Navarro

Direct download: CW_623_Dr_Peter_Navarro.mp3
Category:general -- posted at: 1:33pm EST

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

 

Mentions:

JasonHartman.com

HartmanEducation.com - The Meet the Masters on-line course

Venture Alliance Mastermind

Direct download: CW_622_Market_Timing.mp3
Category:general -- posted at: 3:17pm EST

Jason Hartman discusses the destruction of America’s great middle class and how to avoid it. Let’s not let the USA become a banana republic. Jason recommends the book War on the Middle Class by Lou Dobbs and his interviews with Rich Dad author Garrett Sutton and Jim Rogers and then he talks about and article received from Chris McLaughlin: Middle class down this decade.

The first decade of the 21st century will go down in the history books as a step back for the American middle class. Last week, the government made gloomy headlines when it released the latest census report showing the poverty rate rose to a 17-year high. A whopping 46.2 million people (or 15.1% of the US population) live in poverty and 49.9 million live without health insurance. But the data also gave the first glimpse of what happened to middle-class incomes in the first decade of the millennium. While the earnings of middle-income Americans have barely budged since the mid 1970s, the new data showed that from 2000 to 2010, they actually regressed. For American households in the middle of the pay scale, income fell to $49,445 last year, when adjusted for inflation, a level not seen since 1996. And over the 10-year period, their income is down 7%.

Unlike the richest Americans, middle class families have most of their wealth tied up in the equity of their homes, which took a beating in the recession. And high unemployment has left many people with little or no other income at all. At the same time that Americans had less cash to spend, they were also being hit with rising prices for some crucial items. Even accounting for inflation, it still costs more to buy a home, fill your gas tank, go to the doctor and put food on the table than it did only 10 years ago. And not only is it more expensive to live a middle-class life, it costs more to get there too. The price of a college education — still considered the ticket to higher
wages and a better lifestyle — has surged over the last decade, even in spite of the recession. Facing these burdens, the American Dream is undergoing stark changes, with fewer people choosing to buy homes and more young people postponing their own independent lives. The census data showed about 14.2% of all young people ages 25 to 34 are still living in their parents’ homes this year, compared to about 11.8% before the recession began in 2007.

Next Jason and Sara answer audience questions. Be sure enter sweepstakes for free tickets to “Meet The Masters of Income Property Investing at:https://www.facebook.com/jasonhartman.com

Direct download: CW_621_FBF.mp3
Category:general -- posted at: 1:01pm EST

Mike Fernandez’s family was kicked out of Cuba five years after Fidel Castro took over the government. His family landed in the United States with no money, no food and no place to live. His father was able to get work as a short order cook and after just three years he was able to buy a house for his family to live in. Mike was drafted after one semester in college and after providing his service in the army he worked selling insurance policies door to door. It was there he earned his grit and learned to accept failure.

 

He is now a billionaire who runs multiple companies at once. He says to succeed, sacrifice must become part of your journey and it is the execution of the smallest detail which can make or break you. He believes the U.S. gives an equal opportunity those all those willing to try.

 

Key Takeaways:

Jason’s Editorial

[2:08] Venture Alliance membership is growing, welcome Mike & congratulations to Jeff & Shannon

[3:30] Meet the Masters content will be available

[4:50] Venture Alliance in Dubai

 

Mike Fernandez Guest Interview:

[6:26] Mike’s long journey from Cuba to become the successful entrepreneur he is today

[10:43] Changing our focus towards Cuba - Stop hurting the government and help the people

[13:36] Using work to validate my life

[17:06] Providing healthcare to those with HIV with Magic Johnson

[18:05] The U.S. gives everyone an equal opportunity to try

[20:53] Only you can hold yourself down, no one else can hold you down

[22:42] Mike’s super formula starts with sacrifice

[25:10] The best place to invest in real estate will be Miami

[26:37] Contact information for Mike Fernandez

 

Mentions:

Jason Hartman

Hartman Education

MBF Healthcare Partners

Simply Healthcare Plans

Humbled by the Journey

Humbled by the Journey on Facebook

Direct download: CW_620_Mike_Fernandez.mp3
Category:general -- posted at: 8:10pm EST

You may want to make sure your portfolio is diversified with a big chunk of hard assets before listening to this podcast. Jason’s guest, Adam Taggart, is the coauthor (along with Chris Martenson) of Prosper and The Crash Course. The books describe an upcoming extension of the 2008 credit crisis based on economic, environmental and technology-driven changes. They foresee a period of quick change then markets collapsing from the outside in.

 

Adam shares the book’s eight types of capital. Investing in these eight attributes will allow you to possibly weather the storm economically, physically and environmentally. And even if the storm never comes you will be smarter, more flexible and your wealth will be better protected.

 

Key Takeaways:

Jason’s Editorial:

[2:13] The next Meet the Masters in next January

[3:16] Buy the Meet the Masters Course for 2014 & 2015

[4:36] Income property is the most historically proven asset class

 

Adam Taggart Guest Interview:

[6:22] The Crash Course book details how trends will affect our future

[11:56] A small shockwave can affect the entire global monetary system

[14:07] The unpleasant side of a “glut” of oil and environmental depletions

[22:30] Debunking the faith in technology argument

[28:33] Economic systems are the easiest to change

[32:10] There is more net energy per capita than in any other time in history

[33:41] True wealth = The ability to rebound from adversity in any sector

[35:16] The 8 key components which make up capital

[40:01] The importance of your cultural capital

[42:52] The 2008 crisis had plenty of warning signs

[45:45] How long can this go on?

[49:00] Moving forward people should put their wealth into things which can’t be inflated away

[53:58] Contact Adam or learn more

 

Mentions:

Peak Prosperity

The Crash Course

Hartman Education

Venture Alliance Mastermind

The Future is Better than You Think

Longevity & Biohacking Show

Direct download: CW_619_Adam_Taggart.mp3
Category:general -- posted at: 7:31pm EST

George Gilder is Publisher of the Gilder Technology Report, Chairman of the Gilder Group, co-founder and Senior Fellow at Discovery Institute, an original pillar of Supply Side economics, and author of, “KNOWLEDGE AND POWER: The Information Theory of Capitalism and How it is Revolutionizing our World.”

The information age is changing our country’s economics. Gilder explains his new paradigm for kick-starting economic growth and how companies outside the tech sector can benefit from Silicon Valley-style information flow. Gilder believes the risks inherent in free enterprise relate to accumulation of knowledge.

Gilder also discusses the drivers that lead to poverty as well as the most efficient ways to eradicate poverty.

Direct download: CW_618_FBF.mp3
Category:general -- posted at: 2:27pm EST

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

 

Mentions:

Venture Alliance Mastermind

Information Management Network

JasonHartman.com

RX Nation

Holistic Survival

Longevity & Biohacking

The Big Short movie

jhart88 on Voxer

Real Estate Guys

Direct download: CW_617_The_Real_Estate_Guys_Robert_Helms_and_Russ_Gray.mp3
Category:general -- posted at: 9:51pm EST

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:

[3:26] Oliver was a dedicated listener before working as an investment counselor

[9:21] Why doesn’t the whole world know about income property?

[11:17] 14 million individual investor-owned single family homes

[15:10] Jason answers real listener questions about LLC’s, evictions and identifying markets

[17:47] 1.) Buy some properties and 2.) Protect your assets

[23:47] How to identify and choose a real estate investment market and the local market team

[29:11] Understanding acquisition costs for the Local Market Specialist

[32:45] Properties on JasonHartman.com are not necessarily the best deal you can get

[34:57] Multiplexes or single family houses? Which is better for cash flow?

[38:46] Higher priced properties have lower rent to value ratios

[40:15] Meet the Masters event is coming up - you can still get a ticket

[41:35] Venture Alliance trip to Dubai on President’s Day weekend

 

Mentions:

JasonHartman.com

The Asset Matrix Presentation

Venture Alliance Mastermind


Jason talks with real estate “artist” and 5-time international best-selling author, philanthropist, risk-taker and visionary, Frank McKinney, who sees opportunities and creates markets where none existed before. 

McKinney’s first job earned him $180 a week digging sand traps on Deerfield Beach golf course.  At age 22, he bought his first $50,000 fixer-upper, selling it a few months later for a $7,000 profit.  Now, over 23 years later, he creates real estate markets where others dare to tread.  He has built spec homes (without a buyer) valued in the tens of millions of dollars.  A true maverick, he is without peer in the risky world of speculative high-end real estate, shattering price records with each new project.  And his latest?  McKinney just completed “Acqua Liana,” the world’s largest and most opulent triple certified (USGBC, FGBC & Energy Star) “green” mansion at $29,000,000.  Each of the estate homes he creates is a one-of-a-kind work of art, infused with vivid imagination and designed on a canvas of sun-drenched Atlantic ocean.

Prior to the completion of his new multi-million dollar “green” mansion, he sold, with an asking price of $50 Million, the largest and most expensive spec home ever created, containing 72 rooms, 32,000 square feet, 12 bedrooms, 18 baths, and a 14 car garage.  McKinney has created and sold 36 oceanfront properties with an average selling price over $14 million.

In addition to his real estate artistry, Frank McKinney has now become a five-time international bestselling author.  In addition to his first two books, McKinney just released three new books simultaneously, each representing a distinctly different genre.  All three books are published by Health Communications, Inc., best known for the Chicken Soup for the Soul series.  Mr. McKinney’s new titles are; 1.) The Tap, 2.) Burst This! Frank McKinney’s Bubble-Proof Real Estate Strategies, and 3.) Dead Fred, Flying Lunchboxes, and the Good Luck Circle.

His vision and risk-taking has been the subject of numerous international television, radio and print features.  McKinney was recently featured on ABC’s 20/20 with Martin Bashir, the cover of USA Today, the Oprah Winfrey Show, CBS’ The Early Show, CNN, Discovery Channel, Travel Channel, HDNet, CBN TV, National Public Radio (NPR), in The Wall Street Journal, NY Times, Bloomberg, Fortune, Barrons, Town and Country, Robb Report, The Nightly Business Report (PBS) and in over 1500 additional TV and print stories.  Several areas are covered in this exciting episode ranging from real estate, motivation, marketing and spiritual growth.  Next up – one of Jason’s all-time favorite mentors, Dr. Denis Waitley, on The Psychology of Winning and The Seeds of Greatness.

Direct download: CW_615_FBF.mp3
Category:general -- posted at: 3:00am EST

This episode includes a summary of Inman.com’s 2016 real estate predictions and how the spending bill passed by congress last week included a tiny piece of legislation designed to limit the ability of financial advisors who only promote high fee products to their customers. And, like I always say, “It’s a great time to be alive”. I tell you about my trip to Arizona driving my new semi-autonomous Tesla and how the motor company is leveraging crowdsourced data to build a better road trip.

 

Key Takeaways:

[2:18] Join us at the Meet the Masters event to get started on your goals for the New Year

[4:08] Financial advisors might have to start giving you sound advice - article from Newser

[9:24] The spending bill which cleared congress last week

[11:55] Why Jason doesn’t confront his guests?

[20:30] Tesla Motors aggregates data to enhance the driving experience

[22:40] Brad Inman’s 2016 real estate predictions

[25:41] Was the 10.5% drop in home sales linked to changes in closing procedures?

[29:05] The era of the empowered investor

[34:54] Will Uber team up with a real estate company for instant access to showings?

 

Mentions:

JHart88 on Voxer

JasonHartman.com

Venture Alliance Mastermind

Newser

The Big Short movie

Inman.com

Waze

Opendoor

Real Estate Tools

Direct download: CW2061420Jason.mp3
Category:general -- posted at: 2:58pm EST

Jason ushers us into this episode by taking us through Julie Malinowski’s article “6 Trends Among Landlords and Tips to Outperform the Norm”. He also reminds us there are a few tickets left to the upcoming Meet the Masters event and about the upcoming Venture Alliance Mastermind in Dubai.

 

In today’s guest interview, Alvin E. Roth has written a book about markets. If you are wondering what type of market, as Mr. Roth tells us himself, it’s not important what type of market. It’s the market itself. He guides us through the interview discussing chapters of his book, “Who Gets What and Why” with real life examples of the organ donation market, the online matchmaking market and even shares his thoughts on how realtors have survived in our internet-based, do it yourself economy.

 

Key Takeaways:

 

Jason’s Editorial:

[2:42] Does ISIS really make over 1 Billion dollars a year?

[3:50] Gino from Cozy will be speaking at Meet the Masters

[4:44] Getting ripped off

[7:45] Julie Malinowski's article about 6 important property management trends and tips

[19:28] The 17th Meet the Masters event is coming up and there are a few tickets left

[20:35] Join the Venture Alliance Mastermind group during February in Dubai

 

Alvin E. Roth Guest Interview:

 

[21:56] The rules of a marketplace constitutes its design

[25:15] Alvin Roth analyzes the surprising U.S. real estate market

[28:30] Give realtors the 6% they deserve?

[33:10] Matching markets allow you to choose and to be chosen without pricing

[34:30] The matching market of organ donations i.e., kidney exchanges

[37:51] What rules should apply to repugnant transactions

[42:40] The government both interferes and supports all types of contracts

[45:19] “Who Gets What and Why” can be used as a field guide to markets

[46:28] How to understand signals of interest

[47:46] The matchmaking market signal experiment

[50:34] Contact information for Alvin Roth

 

Mentions:

JasonHartman.com

Venture Alliance Mastermind

EZ Landlord Forms

6 Trends Among Landlords and Tips to Outperform the Norm

Who Gets What and Why

Redfin

Living Kidney Donors Network

Match

Direct download: CW_613_Alvin_E_Roth.mp3
Category:general -- posted at: 9:13pm EST

Jason is feeling generous… Enjoy an entire free issue of The Financial Freedom Report.  Here is our source for innovative, forward-thinking investment property and home-based internet business strategies and advice.

Income property investing is the most reliable path to wealth. History has proven it time after time. So, why do people still waste their time and energy with Wall Street’s pitiful selection of junk stocks and laughably inefficient mutual funds? Who knows? Our guess is financial media payola and herd mentality – like buffaloes following the leader in a  blind charge over a cliff. Finally, here’s your chance to discover how to create real wealth in America today.

Obviously the question is “How do I get there from where I am?” This insurmountable hurdle is what stops most people. They have a hyper-inflated concept of how much money it takes to get started. The truth is,”Not That Much!”

The sky really is the limit when you have access to the right information. Information that tells you whether or not an investment makes financial sense the day you buy it. You need to know:

Why you shouldn’t believe the “national housing market” myth:
– 41 cities around the country hot for investing right now and the hottest micro-markets within them.
– How to tell at a glance if a property is a sweet deal and, more importantly, how to avoid the portfolio killers.
– Government policies that are destroying your savings, stocks, bonds, mutual funds and equity every single day.
– Secret ways you can grow wealthy from inflation while everyone else is moaning “The Economy is Killing Me” blues.
– How to apply unique arbitrage techniques to income property and skyrocket your wealth, while almost completely eliminating downside risk.

These may be pretty bold claims but income and wealth education pioneer, Jason Hartman, has built a career and a company on putting his money where his mouth is. If you want to create the kind of life-changing wealth Wall Street and other investment schemes promise but never deliver, Jason’s team of Investment Counselors would love to tech you how. They decided the best way to get this cutting-edge investment knowledge out to you is in a premium monthly newsletter, Jason Hartman’s Financial Freedom Report.

This newsletter is like nothing you’ve seen before. It vanquishes the guesswork and uses clear language to describe the strategies of how you can implement income property investing the right way. Re-create the exact steps Jason used to become a multi-millionaire. In addition, expect spot-on analysis of the real world of property investing in each lengthy, full-color, wealth creating issue. We strongly suggest that you do not take the risk of investing without it.

If you are exhausted from trying what doesn’t work and ready to create significant wealth in your life right now and protect what you’ve earned, the choice is very simple – Jason Hartman’s Financial Freedom Report.  It’s $197 annually for email edition; however, you can enjoy this issue with our compliments.

Direct download: CW_612_FBF.mp3
Category:general -- posted at: 12:41pm EST

What makes the U.S. so great? What could lead to its financial demise? Our guest, John Addison answers both of these questions and makes some predictions for the future of our great nation as only he is uniquely qualified to do. He is a veteran of the financial services industry and currently shares his extensive knowledge through public speaking engagements. During the course of our conversation, he gives millennials savings advice and warns us about the problems of national debt and entitlement programs. 

 

Key Takeaways:

Jason’s Editorial:

[2:33] Merry Christmas from Jason!

[3:47] Upcoming monologue episodes

[4:25] Download Voxer and contact Jason @jhart88

[6:00] So, tell us about the new Tesla S and Elon’s dream

[15:23] Meet the Masters dinner is full

[16:30] Founder and CEO of Cozy Co. will be speaking

[17:32] Venture Alliance Mastermind in February

 

John Addison Guest Interview:

[18:44] The history of Primerica

[20:42] Middle-Market America has been ignored by the financial industry

[23:20] Delivering financial products is Primerica’s core value

[25:12] A question of the savings component

[30:49] Living beneath your means when you are young

[32:43] 108,000 independent representatives sell Primerica products

[35:31] In 1990, Primerica was sold and became Citigroup

[40:38] Sharing his life through public speaking

[42:56] This biggest challenge this economy has is it’s ability to grow

[46:13] The U.S. has the top capital market in the world

[49:09] Always look out for this…

[51:09] Main Street feels helpless

[53:24] U.S. debt and growth of entitlements are our biggest issues

[57:43] John’s advice to young people “Get paid for something you love” 

[58:53] Contact information for John

 

Mentions:

Voxer

Tesla

Cozy

Realtor.com

Venture Alliance Mastermind

Addison Leadership Group

Success Magazine

JasonHartman.com


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: CW2061020Emily20Filloramo20-20How20To20Erase20Negative20Self-Talk.mp3
Category:general -- posted at: 9:55am EST

Jason Hartman talks with the founder of USAWatchdog.com, Greg Hunter, who has nearly nine years network experience as an investigative correspondent.  He worked for ABC News and Good Morning America for nearly six years. Most recently, Greg worked for CNN on shows such as Paula Zahn Now, American Morning and various CNN business shows.  Greg is a hard hitting reporter who has a history of getting to the truth no matter how difficult the subject.  Some of his stories include “Dangerous Deadly Depleted Uranium Munitions,” where Hunter uncovered the Army’s lack of warning for radioactive dust exposed to our troops on the battlefield.

In a story called “Produce the Note”, Hunter uncovered in 40 percent of foreclosures the bankers cannot prove they legally own the property. If an embattled homeowner knows that fact, it could mean the difference between being thrown out in the cold and having a roof over his head. And in a report in March of 2008, Hunter exposed the hidden fact the banks were in trouble and the economy was headed for a fall.  Greg warned viewers of the coming problems long before other reporters picked up on the looming financial catastrophe.  In 2009, many in the mainstream media said things such as “no one saw the crisis coming.”

Hunter joined ABC News in 1999 from WTSP-TV in Tampa.  He has earned a “National Headliner Award,” an International “Freddie Award”  for health and medical reporting, as well as investigative reporting awards from both the “Society of Professional Journalists” and the “Radio Television News Directors Association.”

 

Direct download: CW_609_FBF.mp3
Category:general -- posted at: 6:15pm EST

If you were on the fence about Wall Street being the modern version of organized crime after listening to this episode you may quickly empty out your retirement account and invest it in income property. Putting clients interests after their own is perfectly legal in today’s mutual fund industry and even the supposed protective watchdog agency, FINRA gets all of their funding from Wall Street. Our guest, Bobby Monks, helps us, the average investors to demystify the market and advises us on safer places to invest our money (it’s real estate! Who knew?).

 

Key Takeaways:

 

Jason’s Editorial:

[1:58] What questions are we asking ourselves?

[6:56] How to be grateful for and enjoy everything in life

[7:55] Changing your question changes your life

[9:55] The Venture Alliance Mastermind Dubai trip still has a few tickets

 

Bobby Monks Guest Interview:

[12:36] Bobby truly is an insider

[14:03] Is Wall Street systemically corrupt?

[15:46] Breaking down the elements of kickback fees in retirement accounts

[18:46] What can investors do to fight back

[20:01] Average investors should negotiate like the institutional investors do

[22:21] And it’s all perfectly legal

[24:08] FINRA is a lap dog, not a watchdog

[26:45] FINRA is a self-regulatory organization created 2007 paid for by Wall Street

[28:43] Demystifying the system for the average investor

[29:59[ Index funds have their problems too

[32:08] Why real estate is a better investment than money market

[36:11] Institutional Shareholder Services is the real Wall Street watchdog

[38:53] Contact Bobby and get the book

 

Mentions:

Facebook - JasonHartman.com

Venture Alliance Mastermind

Bobby Monks

Spinnaker Trust

Uninvested

FINRA

ISS

Direct download: CW_608_Bobby_Monks.mp3
Category:general -- posted at: 8:18pm EST

It’s a great time to be alive. Technology allows us to communicate and collaborate with a country and it’s people, anytime day or night. We can use air-conditioning to deep freeze conference rooms and take jumbo jets to Dubai for amazing educational seminars. Our guest, Jane Root has transformed major networks with what she calls clever pleasure. She searches out engaging true stories and backs them up with interesting facts to inform and entertain us. Her latest project The 2000s: A New Reality is available on National Geographic and Youtube.

 

Key Takeaways:

 

Jason’s Editorial:

[1:25] Predicting the future and investing for cashflow

[2:51] Yogi Berra quote

[3:24] A VIP dinner before our Meet the Masters

[5:04] The smartphone is intelligent more intelligent than NASA in 1969

[6:44] Middle-class plummets to less than 50% in the U.S.

[16:02] Tony Robbin’s air-conditioning abuse

[20:36] Tony Robbins powerful event therapy

[22:32] The Venture Alliance trip in Dubai

[23:26] Proximity is power

 

Jane Root Guest Interview:

[25:43] The 2000’s show us the world is a strange place

[27:42] The 80’s monetized and the 90’s economized

[33:04] Napster led the way for the iPod

[35:19] Some real stories from the 2000’s are comedies

[36:51] Enron was a big production to disguise what was really happening

[38:26] Technology came alive in the 2000’s

[40:04] Trends came together with collaboration

[42:32] Fun facts about the 2000’s you may not have known

[43:47] Contact information for Jane

 

Mentions:

Nutopia

Discovery Channel Networks

Yapp app

Newser

Middle Class Plummets to Less than 50% article

Jason Hartman

Venture Alliance Mastermind


Jason discusses commercial real estate and the value of housing vs office and retail properties.  Next, a radio interview on Platinum’s Predictions White Paper Special Report with an exclusive “ROI Build” profiling over 30 markets nationwide including The S&P/CaseShiller Home Price Indices. 

The White Paper includes forty (40) pages of unique information, innovative thinking, including executive summary, numerous charts and graphs, narrative information you will need to make wise decisions in 2010 and beyond. Also included are market predictions of over 30 markets nationwide including Platinum’s exclusive ROI build showing projected return on investment for each market – NOBODY ELSE DOES THIS!

Direct download: CW_606_FBF.mp3
Category:general -- posted at: 3:20pm EST

Personal savings is designed to be built over time. Gold is an asset which may not be growing exponentially, but it continues to hold its value. Our guest, Joshua Crumb, runs the service company BitGold. BitGold is a software-based service which allows users to sign up at no cost and to buy gold or other precious metals at any time and in any amount they choose. Joshua has an extensive background including working for Goldman Sachs in the Global Economy division. He shares his thoughts on inflation, flaws in the federal system and his thoughts on why millennials may not have the leverage to invest in real estate.

Key Takeaways:

Jason’s Editorial:
[1:20] Kudos to Elizabeth and Debra in Tony Robbins organization
[3:18] No Voxer messages today, but you can record questions
[3:55] 2 medias in the world - the monologue and the dialogue
[8:36] The IMN conference - get the slides from the presentation free of charge
[10:15] Meet the Masters event is just about sold out
[10:41] Tony Robbins talks about 6 human needs
● Certainty
● Variety
● Significance
● Connection and Love
● Growth
● Contribution
[14:35] 3 questions from the event
[17:16] Venture Alliance Mastermind Dubai trip is coming up

Joshua Crumb Guest Interview:
[18:20] Joshua worked for Goldman Sachs in Global Economic Strategies
[19:52] Gold really isn’t an investment
[21:45] Savings is designed to be accumulated over time
[23:12] Gold may not be growing but it is holding its value
[27:25] Feedback on Peter Schiff’s predictions
[28:59] Millennials don’t have much leverage
[30:28] 2 important trends happening in the U.S. economy
[33:00] Long-term inflation is low
[34:14] Joshua believes inflation will increase
[35:56] Conspiracies may exist but no one can prove it
[36:20] BitGold makes it easy for anyone in the world to buy gold
[37:26] Brinks manages your gold and it’s insured with BitGold
[38:47] The service is fully redeemable and you can access your gold at any time
[39:45] BitGold is basically a software
[41:50] Spending your gold by way of a pre-paid Mastercard
[44:10] Comparing the risks between a saving account of gold and a bank account
[45:34] BitGold is only 4 months old but has 350,000 users

 

Mentions:
jhart 88 on Voxer - for answers to your questions
Jason Hartman - for IMN slides
Venture Alliance Mastermind
BitGold
GoldMoney


Small businesses have always found it difficult to find new customers, but technology has now made it possible for their customers to find them. Aggregation websites allow individuals to connect with service providers based on a simple search of a need they have. This sharing economy, dubbed the gig economy, offers flexibilities and opportunities previously not available to many workers.

Jason and Jon Lieber discuss the benefits of this economic atmosphere. the multitude of companies who offer these types of flexible opportunities and the crushing impact government regulations would have on both small business owners and the workers they contract.

Also, early in this episode there is a Voxer communication between Jason and a long time Creating Wealth listener you shouldn’t miss! 

Key Takeaways:

Jason’s Editorial:

[1:57] Geographically independent living

[3:53] Is there a flood of Chinese money flowing into the U.S. real estate market?

[5:52] Does the U.S. real estate market improve when the stock market drops?

[7:44] Making money through investments or through a business

[9:14] Only 8 tickets left for Meet the Masters

[9:39] Join us for the Dubai Venture Alliance trip

[10:08] Tough questions for Jason from a Creating Wealth listener via Voxer

 

Jon Lieber Guest Interview:

[34:50] Thumbtack connects individuals with small business professionals

[36:31] Finding work with your smartphone is possible through technology

[39:06] Aggregating insurance issues

[39:40] Thumbtack works with independent contractors by facilitating the introduction

[41:52] Finding new clients is a contractor's most difficult task

[44:23] A cost effective way to bring humans together

[45:54] The social safety net applies to employees but not independent contractors

[48:22] People still struggle to find work even when using aggregators

[50:13] Small businesses may not be able to employ a full-time worker but can offer flexible work

[51:27] Flexibility is the key to these new job opportunities

[53:42] If the government starts regulating  the cost will be passed on to workers and consumers

[57:01] Millions of small businesses are having difficulty dealing with government regulations

 

Mentions:

Thumbtack

@lieber2k

Four Hour Workweek

Chinese Cash Floods U.S. Real Estate Market - New York Times article

Voxer - Contact Jason on jhart88

JasonHartman.com

Venture Alliance Mastermind

TaskRabbit

Pro

Uber

Lift

Sidecar

Fiverr

Direct download: CW2060420Jon20Lieber.mp3
Category:general -- posted at: 3:34pm EST

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.

Direct download: CW_603_FBF.mp3
Category:general -- posted at: 11:24am EST

NeighborhoodScout is an online data tool you can use to make real estate evaluations a breeze. Simple searches serve up quality information. The information is used by government agencies, real estate investors and individuals alike. Today’s guest, Dr. Andrew Schiller, the creator of the site, has a Ph.D. in geography, focusing in sustainable development.

 

Key Takeaways:

 

Jason’s Editorial:

[1:43] Jeff uses Voxer to ask Jason about startup costs

[7:09] General observations from the IMM conference in Scottsdale, AZ

[9:04] Embrace the fragmentation, 11K homes are owned by investors with less than 5 properties

[10:50] REITs is just not profitable, say some

[12:45] Meet the Masters of Income Property in January

[13:20] The Venture Alliance Mastermind trip to Dubai

 

Dr. Andrew Schiller Guest Interview:

[14:48] A Ph.D. in geography, using data for sustainable development

[17:29] Predicting crime risk at the individual address level

[17:49] Labeling real estate based on financial predictors

[18:50] Neighborhoodscout serves over 1 million people a month

[20:53] Analysing the raw data for vacancy rates and trends

[25:55] What should an investor be looking for when using NeighborhoodScout

[27:28] Communities with good schools maintain their value during tough times

[31:33] Other factors to consider when investing in income property

[34:29] The tipping point for stable rentals

[36:35] Why on earth would students take on 4 times the debt than their first job would pay?

[39:09] Our information on crime is very telling, Oakland, CA is the most expensive dangerous city

[42:58] Derby Street in Berkeley, CA, why is the crime so high?

[44:10] Inexpensive and safe places are available in the U.S.

[47:20] The perfect place for Jason to live

[49:10] How to use a subscription to the website

[50:01] The Federal Reserve and HUD use NeighborhoodScout for tax credit info

[52:43] Meritocracy

 

Mentions:

Voxer - Find Jason at jhart88

JasonHartman.com

REITs

Venture Alliance Mastermind

NeighborhoodScout

Location Inc

NEA

Direct download: CW_602_Dr_Andrew_Schiller.mp3
Category:general -- posted at: 10:38pm EST

Today we speak with Marshall Saunders of Saunders Dailey. Saunders was named one of Swanepoel’s 200 most powerful people in residential real estate and is the recipient of RISMedia’s 2013 Tech Titan award.

Saunders started pursuing his interest of community funded real estate in 2014. He thinks crowdfunding will be a major game changer for individuals who would like to invest smaller amounts of capital than normally required through traditional IPOs. He describes the history of crowdfunding, the impact of 2012’s Job Act and how banks and mortgage companies may respond to this investment type in the future.

The upcoming Meet the Masters Event is almost sold out. Go to JasonHartman.com to get your ticket for this educational event.

Key Takeaways:

Jason’s Editorial:

[1:40] Upcoming Creating Wealth show schedule

[3:41] The World’s First Cashless Society article from Nick Giambruno

[7:33] Governments tighten the reigns to remove symbols of value

[9:51] Buying properties through our network

[10:35] Landlord friendly Arkansas; an example investment

[14:35] Join Platinum Property Tracker on our resources page

[16:10] Use Voxer and contact me on JHart88 to have your questions answered on air

[17:11] The Venture Alliance trip to Dubai and Meet the Masters event

 

Marshall Saunders Guest Interview:

[19:51] Crowdfunding is a game changer for investing in startups

[22:30] Democratizing the investment system

[25:35] Crowdfunding has a long history and in 2012 the Jobs Act was signed

[29:21] Title 3 of the Jobs Act will draw lines on investing in Crowdfunding opportunities

[32:02] Investment opportunities for questionable investments will grow

[35:11] A third less filling than your typical IPO

[35:35] Setting up and selling shares of LLC’s via crowdfunding

[38:16] Buying equity in bulk

[40:23] Will individuals turn to crowdfunding sites to pay the mortgage of their single family home?

[42:11] Real estate crowdfunding sites raise money for debt offerings

[44:23] Mortgage companies may require higher down payments

[46:41] Do banks prefer foreclosures based on mortgage insurance payouts?

[48:35] Contact info for Marshall Saunders and final thoughts

 

Mentions:

Jason Hartman

Platinum Property Tracker

Venture Alliance Mastermind

Saunders Dailey

The World’s First Cashless Society article from Nick Giambruno

Kickstarter

Voxer - The best way to communicate ever

Direct download: CW_601_Marshall_Saunders.mp3
Category:general -- posted at: 1:38pm EST

Jason talks with David Allen who is widely recognized as the world’s leading expert on personal and organizational productivity. His twenty-five-year pioneering research and coaching to corporate managers and CEOs of some of America’s most prestigious corporations and institutions has earned him Forbes’ recognition as one of the top five executive coaches in the world and Business 2.0 magazine’s inclusion in their list of the “50 Who Matter Now.”

Fast Company Magazine has also called David “one of the world’s most influential thinkers” in the arena of personal productivity, for his outstanding programs and writing on time and stress management, the power of aligned focus and vision, and his groundbreaking methodologies in management and executive peak performance.  He is also the engineer of GTD, the ground-breaking Getting Things Done methodology that has shown millions how to transform a fast-paced, overwhelming, over-committed life into one that is balanced, integrated, relaxed, and has more successful outcomes. GTD’s broad appeal is based on the fact that it is applicable from the boardroom to the living room to the class room.

It is hailed as “life changing” by students, soccer moms, entrepreneurs and corporate executives.  A consultant, educator, and popular keynote speaker to such diverse clients as Citigroup, General Mills, Stanford University, New York Life, Microsoft and the US Navy, Mr. Allen continues to enjoy delivering his sold-out Getting Things Done seminars to ever-expanding public audiences in cities throughout the
United States, Asia, Europe and South America.

David is the founder and President of the David Allen Company, whose inspirational seminars, coaching, educational materials and practical products present individuals and organizations with a new model for “Winning at the Game of Work and Business of Life.” He continues to write articles and essays that address today’s ever-changing issues about living and working in a fast-paced world and attaining a work-life balance. He lives in Ojai, California with his wife Kathryn. David is the international bestselling author of Getting Things Done: the Art of Stress-Free Productivity and Ready for Anything: 52 Productivity Principles for Work and Life.

Direct download: CW_600_FBF.mp3
Category:general -- posted at: 11:13am EST

Today’s motivational speakers tend to focus on the mechanical keys to success and forget about the bigger picture of the context behind the content. True philosophers understand what drives humans to succeed and the beauty of being grateful for they have.

 

And in the interview, Finding an alternative to a traditional bank loans may not be as hard as you think. In addition to hard money lenders, financing companies such as Visio Financial offer short and medium term limits with significant interest rates. They offer no document loans which simply require a credit score to secure financing. The higher your score, the lower the rate.

 

Key Takeaways:

 

Jason’s Editorial:

[1:38] The concept of gratitude is a philosophical key to success

[6:40] An experience in Africa reflects the human ability to be grateful for what you DO have

[8:17] Poem excerpts from Og Mandino

[10:21] Jason’s crystal ball says…Warren Beatty is vain and Bitcoin funds terrorism

[13:24] The ultimate investing equation

[14:50] Meet the Masters of Income Property in January & the Dubai Venture Alliance trip

[15:32] A killer messaging app - Send us Voxer message

 

Jeff Ball Guest Interview:

 

[19:35] We started out as a captive lender then extended into government sponsored loans

[21:03] Our products family includes interest only and medium-term financing, all document free

[23:20] We offer loans to investors who have reached their Fannie limit 

[26:31] Buy and hold financing at 12% on a 3-year balloon, 65% LTV

[28:17] What about Dodd-Frank compliance?

[30:01] We have multiple sources of capital which include banks and credit funds

[31:18] The higher your credit score the lower your interest

[31:53] Bridge financing is an interest only product option

[33:04] An innovative example of a way to use our products

[34:50] Go to our website and tell us what you want and get immediate pricing

[35:41] Jeff’s overall view on the economy

[38:24] What is the margin of error in flipping?

[40:31] While it may be a good time to be a landlord, it may be hard to find good rental properties

[41:31] Moving doesn’t make sense to people with great mortgages

[44:48] Our annual survey is available on our website

 

Mentions:

Mission Success! - Og Mandino

Good to Great - Jim Collins

Venture Alliance Mastermind

Voxer - contact Jason with your questions at jhart88

Visio Financial Services

Econohomes

 

Direct download: CW_599_Jeff_Ball_REI_Financing.mp3
Category:general -- posted at: 10:01pm EST

Self-management tools often boast ease of use and shortcuts to save you time but don’t always deliver. Cozy and Landlordology are property management tools which offer end to end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters qualifications then sign up for Cozy today.

 

Key Takeaways:

 

Jason's Editorial:

[1:20] What time is it? It's an amazing time to be alive

[2:44] Income investment strength versus deflation

[5:00] Deferring your tax liability

[7:02] Inflation induced debt destruction

[9:03] Debt transfers wealth from the lenders to the borrowers in an inflationary environment

[10:33] What gets rewarded, gets repeated

[10:57] Deflation makes debt more burdensome

[13:40] Use the voicemail feature at Jasonhartman.com for your questions

[14:09] Sign up for the Meet the Masters event in Dubai

 

Lucas Hall Guest Interview:

[16:27] Lucas teaches managers how to manage their own properties

[18:23] You need to get your message out there - try postlets

[19:56] Hire a real estate photographer for great photos of your property

[24:44] Going over your general requirements before meeting at the property will save time

[26:04] A 2-year lease provides extra security for the tenant

[27:34] What is a landlord’s open house?

[29:28] Possible new tenants can submit an application as soon as they leave the property viewing

[31:20] Cozy is an end to end property management platform

[35:09] Rent collection can be difficult for property managers

[40:47] Property managers can garnish wages to collect back rent

[41:51] Automating your rent collection will make it easier for owner and tenant

[42:39] Resources are available on Landlordology.com

 

Mention:

JasonHartman.com

Venture Alliance Mastermind

Landlord Ologist

Cozy

Craigslist

Postlets

Circlepix

Click Notices

Direct download: CW_598_Lucas_Hall_Swanky_Self_Management_Tools_Landlordology_26_Cozy.mp3
Category:general -- posted at: 10:42pm EST

intrusive passing of the tax provision of Obama’s healthcare plan. This has created a fissure in the Constitution, a horrible outcome that opens a door to the government violating our civil liberties. Jonathan breaks down the consequences of the violations, such as our liberty to choose and right to privacy in the interest of a government mandate that only benefits the government. Moving on to TSA, Jonathan divulges the massive problems with this act.

“The TSA is an institution that is riddled with corruption and riddled with abuse,” he explains. The elderly, pregnant women, infants and disabled individuals with no record of criminal activity are being subjected to humiliating and highly intrusive searches all over the U.S. Jonathan defines the difference in tactics from a defensive position versus an offensive position, with the latter producing far better results.

He advocates training the citizenry to be more aware of suspicious behavior and to better defend themselves.  Jonathan gives an update on the work against the FDA and the First Amendment.

Jonathan W. Emord is one of the nation’s leading free speech attorneys. He has defeated the Food and Drug Administration a remarkable eight times in federal court, more times than any other attorney in American history, earning him the title, “FDA Dragon Slayer.” He is the 2007 recipient of the Cancer Control Society’s Humanitarian Award for “winning and preserving our great civil rights to life, to liberty, and to health freedoms.” He is the only non-scientist ever appointed to the Certification Board for Nutrition Specialists and serves as that organization’s Vice Chair.

In 2010, he became the first person awarded the title “Honorary Nutrition Specialist” by the CBNS. Congressman Ron Paul says “[a]ll freedom-loving Americans are in debt to Jonathan Emord for his courtroom [victories]” and calls him a “hero of the health freedom revolution.” Formerly an attorney in the Reagan Administration’s Federal Communications Commission, Emord has practiced constitutional and administrative law in Washington, D.C. for the past twenty-five years. He has been a Guest Lecturer, Georgetown University, Department of Biochemistry, Course in Nutrition.

He is on the Review Board of the Journal of Food Product Marketing and International Journal of Food & Agribusiness Marketing. He is routinely consulted by industry, Congress, and the media on regulatory issues that affect health freedom. He is the author of four critically acclaimed books: Freedom, Technology and the First Amendment (1991); The Ultimate Price (2007); The Rise of Tyranny (2008); Global Censorship of Health Information (2010); and Restore the Republic (2012). Mr. Emord is the American Justice columnist for USA Today Magazine.

Direct download: CW_597_FBF.mp3
Category:general -- posted at: 3:00am EST

Say this 10 times real fast, Inflation Induced Debt Destruction, now make it your mantra. Would you like someone else to pay your bills for you? Well when you buy income property it is exactly what happens. Your tenants pay down your debt while your property appreciates. Today, Jason outlines a chart from way back in the Creating Wealth archives. He will make the chart available to all of you listeners soon. The chart introduces the intricacies of inflation. He then takes us through most of the asset classes and how they perform against inflation.

 

Key Takeaways:

[3:30] 3 Types of markets are linear, cyclical and hybrid

[6:02] Published reports and statistics can’t be trusted

[9:53] Will your kids ever learn to drive a car?

[11:53] A 16 year cyclical market (Orange County, CA) compared to a linear market (Lansing, MI)

[12:50] Commandment #5 - Thou shalt not gamble. The property should make financial sense

[16:58] What time is it? It’s an amazing time to be alive!

[19:50] The Meet the Masters Event is coming up. Garrett Sutton will be there.

[20:33] Asset class top performers

[23:12] Inflation induced debt destruction

[23:59] Waiting, substitution and hidonics make people believe inflation is lower than it is

[24:52] Outsourcing your mortgage debt to tenants, they are paying your debt

[27:33] The problem with the Affordable Care Act aka Obamacare

[30:34] Rental income is governed by housing affordability

[32:00] Stock markets can be manipulated and are medium-low indexed to inflation,

[33:33] Cash & taxes are low strength versus inflation - taxes aren’t calculated for inflation

[38:20] Low information people are clueless about the government

[39:35] Income property investors can turn the tables on the government

[40:39] Join the Venture Alliance Mastermind in Dubai

 

Mentions:

The Wayback Machine

How to Lie with Statistics

JasonHartman.com

Garrett Sutton

Venture Alliance Mastermind

Direct download: CW_596_Jason.mp3
Category:general -- posted at: 10:54am EST

If you’re still allowing property managers to bill you max amounts every month you need to tighten up your monthly discretionary allowance. You will be consulted every time a repair is projected beyond $200. Also, minimize the unprofitable downtime of renters moving in and moving out by signing a 2-year lease with your next tenant. Include the rent increase for upcoming year so your tenants are prepared to pay in advance of the increase. They will appreciate it.

 

And in our interview, wouldn’t it be nice to see an interesting property on the internet and send someone else halfway across the U.S. to take photos of it for you? What about checking up on one of your existing properties to inspect the hail damage first hand? WeGoLook has an army of 20,000 “lookers” who can send you photos, videos or answer specific questions. They are even able to visit the local municipality to perform a title search. 

 

Key Takeaways:

Jason’s Editorial:

[1:30] The unbelievable events in Paris are not a new thing

[6:22] There may not be peace until war is not profitable

[7:52] What does the current hostile environment mean for investors?

[8:22] The 6 ways to get out of the government debt slavery complex

[9:36] What is wrong with American Airlines and US Air

[12:59] MInimize your downtime with 2-year leases with your tenants

[14:23] Tighten up your discretionary repair allowance to $200 per month

[15:11] Voxer is a revolutionary messaging app

[16:37] Public employee unions are only interested in themselves

[18:13] A great tool to self manage your properties

[18:39] Meet the Masters in San Diego - Get your early bird pricing now

[19:37] Dubai is the amazing place we have set up for our next Venture Alliance trip

 

Robin Smith Guest Interview:

[20:35] How WeGoLook evolved

[23:06] We offer a basic report with photos/videos for $69

[26:00] We offer an hourly rate for one-off services

[27:50] We also do document research, title searches and visit municipalities for customers

[30:10] We cover the U.S., the UK, Australia and Canada

[32:15] WeGoLook services and rates - cheaper than calling your brother in law

[36:19] People can order services directly from our website

[37:47] We charge travel fees and research fees for those locations which are out of the way

[40:17] Interior/Exterior reports are available for property investors

[42:34] We service fortune 500 companies as field assignment personnel

 

Mentions:

Hyatt Regency Orlando

JasonHartman.com

American Airlines

US Air

Voxer - A free app

Venture Alliance Mastermind

WeGoLook

RawPorter

Direct download: CW_595_Robin_Smith_WeGoLook.mp3
Category:general -- posted at: 10:28pm EST

On this show, Jason Hartman talks with one of his investment counselors about current events, welcomes a guest caller and also brings to our listening audience the economic outlook from renowned financial expert, John Mauldin.  Mauldin discusses “spending rearrangement”, a restructuring of our country’s spending problem and tax code, and how the election outcome influences the direction of that restructuring. The larger the government becomes, the smaller the private sector becomes – not an ideal situation for economic recovery in the U.S. Mauldin gives his insights and the possible scenarios and outcomes that could happen, depending on whether or not the deficit problem is truly solved, touching on investments, job creation, tax issues and trade deficits.

John Mauldin is also a New York Times best-selling author and a pioneering online commentator. Each week, over one million readers turn to Mauldin for his penetrating view on Wall Street, global markets and economic history. Mauldin’s weekly e-newsletter, Thoughts from the Frontline, was one of the first publications to provide investors with free, unbiased information and guidance.  Today, it is the most widely distributed investment newsletter in the world.

Mauldin is a frequent contributor to publications including The Financial Times and The Daily Reckoning, as well as a regular guest on CNBC, Yahoo Tech Ticker, and Bloomberg TV. His best-selling books include Bull’s Eye Investing, Just One Thing and Endgame, as well as his recently released update to Bull’s Eye Investing – The Little Book of Bull’s Eye Investing. John Mauldin’s blog, Economic Analysis, and more can be found on his website at http://www.mauldineconomics.com/.

Direct download: CW_594_FBF.mp3
Category:general -- posted at: 6:49pm EST

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.

 

Key Takeaways:

 

Jason’s Editorial:

[1:21] It’s an amazing time to be alive!

[2:33] China has finally ended their one child policy

[4:40] The nature of the real estate industry is fragmented

[9:34] Bad faith insurance or companies denying claims is common

[10:30] A personal experience with National Real Estate Insurance Group

[11:50] Monday’s episode features the founder of WeGoLook

[14:04] Can we get listeners in more countries than the U.S. has military bases in?

[16:40] Meet the Masters with Garrett Sutton in January

 

Ed Babtkis Guest Interview:

[18:50] We have had nationwide insurance available for 30 years

[19:50] Nuances to the nationwide real estate market make it a difficult product to offer

[21:05] The underwriting companies which serve our brokerage firm

[22:16] Nationwide programs are generally done on a blanket basis

[25:21] Deductible options and norms

[27:24] Getting the quote to the investor

[29:54] Our company is approved by major financiers

[31:20] Calculating insurance rates based on zip codes

[33:30] Cash value is the number one issue insurance companies have

[34:55] Replacement value is better coverage

[36:33] How are land contracts insured?

[39:12] Hard money lenders can place property coverage, but it costs a bit more

[40:00] Loss of Rent insurance

 

Mentions:

JasonHartman.com

Affinity Group Management

Code Red Book

We Go Look

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone

Direct download: CW_593_Nationwide_Property_Insurance_Made_Easy.mp3
Category:general -- posted at: 5:21pm EST

Based on current political and economic conditions your personal wealth could be at risk. Paul Mladjenovic of The Raving Capitalist shares his tips for weathering the upcoming economic storm, which he expects to make landfall in 12-18 months. He advises in favor of creating a home based business and diversifying your current asset portfolio. He warns people who have their assets in undiversified portfolios or in stocks which don’t satisfy a human need may find their financial futures devastated because of current government actions and policies.

 

Key Takeaways:

Jason’s Editorial:

[1:42] Being anxious about speaking in front of 2000 people

[3:21] 4 mentors who changed Jason’s life

[3:46] Stress - the good and the bad

[5:18] “Stress comes from not doing the things you know you need to do”

[6:20] Being in the flow

[7:38] Getting leverage in the 3 primary areas of life - Business, Biology & Investing

[9:47] Who is willing to take on this affirmation?

[12:40] The Orlando Property Tour is coming up this weekend

[13:20] Meet the Masters of Income Property in San Diego - Early Bird pricing

[13:57] The Venture Alliance in Dubai

 

Paul Mladjenovic Guest Interview:

[15:30] Observing how government policy affects the economy

[16:44] 30-years as a CFP has helped me to understand how the economy works

[18:07] Communism basically micromanages every aspect of the economy

[21:55] Government-sponsored agencies Freddie Mac & Fannie Mae sold bad loans to Wall Street

[25:00] The current financial outlook is grim, Paul says it will be devastating

[27:33] Portfolios have too much debt in them and pensions are underfunded

[30:23] What should people do to protect themselves from this catastrophe?

[33:01] Launch a home based business for diversification

[34:37] Real estate investments trusts to mitigate the downside of the market

[39:20] Run away from mega-expensive coaching programs

[40:45] Short-term investing is financial gambling

[43:45] What happened to the King of Long term investing, Warren Buffett?

[47:35] Becoming self-sufficient is the way to weather the upcoming economic storm

[50:45] Will the U.S. dollar continue to be the reserve currency?

[52:00] Gold & Silver has outlived paper currencies

[55:36] Gold is a portable asset and should be a portion of your diversification

 

Mentions:

Stock Investing for Dummies

Paul Mladjenovic

Amazing.com

Abundance: The Future is Better than you Think

Bold Book

JasonHartman.com

Venture Alliance Mastermind

The Raving Capitalist

Monex


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

Direct download: CW_591_FBF.mp3
Category:general -- posted at: 3:00am EST

What do you do with your extra time? If you default to work, you may not be living the life you want. The Lifeonaire philosophy blends your vision of the life you want and trades your money for time. The program’s foundation for making money while enjoying your time is based on real estate investing which is a historically proven asset class. If you are able to continue making money while living the life you have always wanted why wouldn’t you?

Additional capacity just opened up for our Orlando Property Tour & Creating Wealth Boot camp. Go to JasonHartman.com to sign up now.

Key Takeaways:

Jason’s Editorial:

[2:56] You can either be motivated by desperation or inspiration - Jim Rohn

[3:32] Orlando Property Tour has some additional capacity available & coffee

[6:07] The Creating Wealth Boot camp

[6:34] Meet the Masters & Venture Alliance Mastermind events

[7:23] This listener is ready to invest but would like Jason’s advice

 

Shaun McCloskey Guest Interview:

[13:54] People did exactly what I taught them to do

[15:45] Finding a job which is not work is ultimately the goal

[17:39] Don’t forget what you love by working too much

[18:44] Lifeonaire = a millionaire + a life

[20:11] The four stages of lifeonaire

[23:07] What would you doing if you only had 6 months to live?

[25:41] Using your extra time for living your vision

[28:10] Where did the 40 hour work week come from?

[30:07] Visions get clouded by goals

[32:35] Start with the Lifeonaire book

 

Mentions:

JasonHartman.com

The Bulletproof Executive

Venture Alliance Mastermind

Lifeonaire

Direct download: CW_590_10th_Show_Shaun_McCloskey_Lifeonaire.mp3
Category:general -- posted at: 6:43pm EST

Have you ever considered lending your money to receive a better than average return? The opportunity now exists through our organization for you to become a hard money lender. Jason explains some widely used financial terms and how they apply to the residential real estate market. And, updates on the Orlando Property Tour, the upcoming Meet the Masters and the Venture Alliance trip to Dubai.

 

Key Takeaways:

 

Jason’s Editorial:

[2:44] What exactly is a convertible ARM?

[3:57] We have special connections with commercial lenders who finance residential real estate

[6:19] Residential properties have desirable financing

[8:12] Explaining the Cost of Funds Index (COFI)

[10:50] Jason just purchased 2 Tesla cars, 1 “X” and 1 “S”

[15:11] The formula for calculating adjustable rate loans

[17:51] What is a bridge loan and how is it used?

[18:18] Becoming a hard money lender is available through our organization

[21:32] The Orlando Property Tour is just about full

[22:02] Meet the Masters in La Hoya, California in early January

[22:46] Venture Alliance Mastermind in Dubai in February

[24:11] Jason loves his Fitbit - Charge HR

 

Mentions:

1984

Animal Farm

JasonHartman.com

Venture Alliance Mastermind

Fitbit

 


Jason answers some listener questions, and then shares some wisdom from Earl Nightingale and Dan Sullivan.

Direct download: CW_588_FBF.mp3
Category:general -- posted at: 1:36pm EST

Jason does a solo episode on today's show and has a number of thoughts he'd like to share with the audience. Jason emphasizes the importance of leveraging not only our investments, but our business, and our biology too. He believes leverage is the key to success and talks on why leverage is so important. Jason also talks on Tony Robbins and his philosophy after attending his seminar last week.

 

Key Takeaways:

[2:30] Today Jason will be diving into more general topics not necessarily related to investing.

[3:40] What kind of resources does Jason read?

[8:20] Books are too long!

[9:40] Jason believes the three most important things in life are our business, biology, and investments.

[12:10] Walking 10,000 steps is a pretty big accomplishment.

[12:50] The focus of the Creating Wealth show is to gain leverage on our investments.

[14:45] The self-driving car could change the location, location, location motto in real estate investing.

[19:00] Jason talks about Tony Robbins.

[22:50] Can you really decide to be happy?

[25:10] What are we really focused on?

[29:55] Jason shares his thoughts about the book Talent Code by Daniel Coyle.

[32:15] The best way to learn how to be a real estate investor? Buy property!

[35:25] Jason shares his thoughts on the book Disrupt Yourself by Jay Samit.

[37:30] There's a website that can tell you if you're house is haunted.

[40:55] Marijuana and Denver real estate.

[43:15] Check out Jason's next events via his website. P.S The Orlando property tour is almost full.

 

Mentioned In This Episode:

http://www.jasonhartman.com/

Tough Times Never Last, But Tough People Do! by Robert H. Schuller.

Talent Code by Daniel Coyle

The Organized Mind by Daniel Levitin.

Disrupt Yourself by Jay Samit.

http://www.diedinhouse.com/

http://www.newser.com/story/214744/marijuana-having-big-impact-on-denver-real-estate.html


Megan Greene joins us today to discuss the results of the 2015 John Hancock Investor Sentiment Survey. She shares her views on whether or not the Fed’s will raise the interest rate, if the stock market is rigged and how she believes monetary easing stokes financial inequality.

 

There are still a few spots left for the Orlando Property Tour! Go to JasonHartman.com to reserve your spot.

 

Key Takeaways:

 

Jason’s Editorial:

[1:54] Ms. Hartman is an extreme do it yourselfer

[5:03] Jason wants me to increase my rent to value ratio

[7:03] Sign, sign everywhere a sign

[8:01] Inflation induced debt destruction

[9:01] Orlando Property Tour has a few spots left

[10:11] Meet the Masters in January

[10:18] Venture Alliance Mastermind - February in Dubai

[11:48] “Divorce the story, marry the truth” - Tony Robbins quote

 

Megan Greene Guest Interview:

[13:11] Regulations and less market liquidity causes volatility

[14:21] High frequency trading makes it difficult for small players

[16:29] The stock market is partly rigged

[17:50] What’s the next move for the Fed

[20:53] Results of the investor sentiment survey

[21:41] The Fed’s may hike in December

[22:58] Monetary easing stokes financial inequality

[24:41] Pushing investors into riskier investments

[26:28] Infrastructure spending may be in the future for the U.S. 

[27:05] How will a rate hike affect mortgage holders

[29:16] Mobility is a benefit for Gen Y workers

[30:25] Risks coming from outside of the U.S.

 

Mentions:

Tony Robbins

JasonHartman.com

Garrett Sutton

Manulife

John Hancock Asset Management


In this show Jason has a very casual, impromptu (and silly at times) discussion with two of his favorite Investment Counselors, Ari and Sara.  You’ll get a debrief on the last Creating Wealth Boot Camp, some investing insights, a “case study” article from The Financial Freedom Report and hear first hand from one of recent our clients who is creating high ROI in this market.

The next show will feature Jason’s interview with New York Times #1 bestselling author and speaker, Harvey MacKay, as they review his latest book Use Your Head To Get Your Foot In The Door: Job Search Secrets No One Else Will Tell You and some of Harvey’s older works like How To Swim With The Sharks Without Being Eaten Alive.

Direct download: CW_585_FBF.mp3
Category:general -- posted at: 2:47pm EST

It’s impossible to predict which way the market will turn with any amount of certainty. But there are safeguards in place for you to invest your money into proven outlets. The main investment you should consider is the most historically proven asset class, income property. Financial planners won’t suggest it and Certified Public Accountants may not know key factors to assessing your risk. A real estate investment group may be the only entity you can turn to when you want to make a solid investment.

 

Check out our Early Bird pricing for Meet the Masters.

 

Key Takeaways:

 

Jason’s Editorial:

[2:26] Fernando discovers he probably should have purchased auctioned homes in Florida

[9:10] Don’t spend so much time on individual properties

[10:46] Florida had a lot of properties for sale

[12:33] Judicial foreclosure markets have a slower market discovery

[13:36] No one can predict what the market is going to do

[15:40] An example of one of the properties

[16:53] Phoenix gets too expensive

[22:34] We hope to see you on the Orlando Property Tour & Meet the Masters

 

Jeff Barnes Guest Interview:

[24:17] There is a wide array of qualified retirement plans

[25:52] Two tax codes, Business & Employee

[27:57] Real Estate investors want to grow their money tax deferred

[32:13] Diversification of income property inside of your retirement plan

[34:28] Proving your transactions to the IRS

[36:56] Many consumers don’t know how to invest

[39:01] Becoming equity partners as a passive investor

[41:45] Use the same strategies as bank, a hard money lender

[44:26] To succeed, maintain control

[45:08] Jeff’s Wall Street history

[49:10] A certified financial planner isn’t trained in the #1 historically proven asset class

[53:48] Wall Street has countless outlets for investment information

[55:21] 30% of corporate profits in the U.S. come from financial services industry

 

Mentions:

American Auction Network TV

Zillow

Ready, Fire, Aim

JasonHartman.com

The Ultimate Guide for Self Directed Investing & Retirement Planning

SelfDirected.com

Direct download: CW_584_Jeff_Barnes_Self_Directed_Investing_26_Retirement_Planning.mp3
Category:general -- posted at: 6:55pm EST

Tren Griffin doesn’t know the current stock price of Berkshire Hathaway and says Warren Buffett probably doesn’t either. Day-to-day ups and downs in the market don’t affect feasible, long-term investments. Value investing, traditionally known as buy and hold investing, approaches investing differently than most low fee indexes. It encourages rational thinking, interest based buying and finding the price mistakes in the market. 

Early Bird pricing for the next Meet the Masters event is now available.

 

Key Takeaways:

Jason’s Editorial:

[1:29] Orlando Property Tour & Creating Wealth Seminar coming up

[3:06] What I like about Warren Buffett

[4:37] Know this about the properties on our site

[9:39] The Walmart documentary example

[14:11] Every company has 3 primary audiences - suppliers, stakeholders & customers

[16:00] Send me an email with good quality sitcoms!

[18:06] Meet the Masters - Early bird pricing available now!

[18:30] Dubai in February with the Venture Alliance

 

Tren Griffin Guest Interview:

[19:35] Why write about Charlie Munger

[20:56] 4 principles of value investing

[24:11] Munger philosophy of decision-making

[25:27] 25iq

[26:34] The key to investing is to find a mistake - FOMO

[31:40] Markets are difficult to predict in the short term

[33:37] Aligning investments with interests

[35:51] Are you willing to do the work required by value investing

[37:38] The circle of confidence - become a specialist in one area

[39:50] Munger/Buffett fundamental - Get Rich Slow

[44:14] Berkshire stock never splits

[46:12] Following Tren

[48:03] You can have a life when you are a value investor

 

Mentions:

JasonHartman.com

Charlie Munger: The Complete Investor

reviews@jasonhartman.com

Venture Alliance Mastermind

25iq

@trengriffin

Flash Boys

Direct download: CW_583_Tren_Griffin20_Charlie_Munger_The_Complete_Investor.mp3
Category:general -- posted at: 5:44pm EST

Jason Hartman talks with acclaimed financial advisor Ric Edelman.  Barron’s has six times (2004–2009) ranked Ric Edelman among America’s 100 top financial advisors. In 2009, Ric was ranked the #1 independent financial advisor in the nation by Barron’s.

In 2004, Ric was inducted into the Financial Advisor Hall of Fame, ranked by Research Magazine for his focus on the individual client and ranked #42 on Registered Rep magazine’s list of “America’s Top 50 Advisors.” Inc. magazine three times named the firm the fastest-growing privately-held financial planning firm in the country. Ric received an honorary doctorate from Rowan University in 1999, and in 2007 was inducted into the Rowan University Public Relations Student Society of America Hall of Fame.

As a #1 New York Times best-selling author his five books on personal finance include Ordinary People, Extraordinary Wealth; The New Rules of Money; Discover the Wealth Within You; What You Need to Do Now; and the personal finance classic, The Truth About Money. His sixth book, The Lies About Money, was published in the fall of 2007 by Simon & Schuster and his latest book, Rescue Your Money, was published in the spring of 2008.  Ric’s books have been translated into several languages.

As a national radio show host on ABC Radio Networks, he can be heard on radio stations throughout the country. The live call-in advice program has been on the air for more than 15 years and earned Ric the A.I.R. Award for Best Talk Show Host in Washington D.C. (1993).  He also publishes a monthly newsletter, has built one of the most comprehensive and free online educational resources about personal finance at RicEdelman.com, and is the author of video and audio educational systems that help people achieve their financial goals.

Philanthropic Activities include Rowan University. They also funded the Edelman Nursing Career Development Center at Inova Health System Foundation. Ric served six years on the Board of the United Way of the National Capital Area and in 2007 completed his two-year term as Chairman of the Board. He also serves on the boards of The Boys & Girls Clubs of Greater Washington, D.C., and its foundation. Ric also is a full partner of the American Savings Education Council and the Jump$tart Coalition for Personal Financial Literacy. He is a former board member of Junior Achievement of the National Capital Area and served for three years on the Grants Committee of the Foundation for Financial Planning, where he remains a major donor. They also actively support HEROES Inc., Make-a-Wish Foundation, The Leukemia & Lymphoma Society, and many other charities.

As Chairman and CEO of Edelman Financial Services LLC. He is also President and Director of Sanders Morris Harris Group. Ric is an Investment Advisor Representative and offers advisory services through EFS an SEC-registered investment advisor. He is also a Registered Representative of and offers securities through Sanders Morris Harris Inc., an affiliated broker/dealer, member FINRA/SIPC.
Barron’s ranking “Top 100 Independent Financial Advisors” (Aug. 31, 2009) based on assets under management, revenues the advisors generate for their firms, and the quality of their practices.

 

Direct download: CW_582_FBF.mp3
Category:general -- posted at: 4:17pm EST

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.

 

Early Bird pricing is available for the Orlando Property Tour & Creative Wealth Boot Camp

 

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

[28:48] Don’t forget about the Orlando Property tour & Creating Wealth Boot Camp

 

Mentions:

JasonHartman.com


The emerging middle class is a billion strong and they are driving the new economy. If new businesses and entrepreneurs wish to stay in the game they will need to embrace the changing business landscape. They should throw out the old business plan and start with a noble cause, one which connects people with something no other company is able to connect them to. Legacy brands find themselves fighting for a piece of the new consumer.

Key Takeaways:

Jason’s Editorial:

[1:30] Orlando Property Tour and Creative Wealth Seminar

[2:32] Early 2016 Venture Alliance trip to Dubai

[3:56] Message from Jeff about the Venture Alliance Rhode Island trip

[6:10] Rich Dad advisor writer Garrett Sutton speaking at the next Meet the Masters

[6:53] Upcoming shows

John Sculley Guest Interview:

[10:13] Unprecedented growth of company’s who talk directly with consumers

[11:38] Democratizing the economy

[12:44] Famous brands have their backs against the wall

[13:54] Our changing workplace

[15:28] Steve Jobs appreciated the Pepsi Challenge

[18:37] The experience expectation

[19:05] Consumer businesses John is working in

[21:01] $129 for an Obi Worldphone

[22:58] The legacy business plan is dead

[24:44] Why have a noble cause

[26:35] The new world middle class

[28:36] A customer plan using common sense

[30:30] How to contact Mr. Sculley

 

Mentions:

Moonshot!

Venture Alliance Mastermind

JasonHartman.com

Garrett Sutton

Hotwire

Obi Worldphone

MDLive

JohnSculley.com

Sculley Speaks

Direct download: CW_580_John_Sculley.mp3
Category:general -- posted at: 7:32pm EST

If you thought economics was boring, think again. At the heart of wars, land grabs, politics, history, and almost any sort of human interaction lies economics. Remember – economics is about money, and money, depending upon your perspective, either makes the world go ‘round or is the root of all evil.

Either way, Jason Hartman’s interview of master economist, Martin Armstrong, for episode #382 of The Creating Wealth Show makes for scintillating listening. First, some background.

Martin Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed. In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history. In August 2006, Armstrong pleaded guilty to one count of conspiracy to commit fraud, and began a five-year sentence.

Armstrong is the developer of the Economic Confidence Model based on business cycles. He is known for claiming to have predicted the crash of 1987 to the very day. Using his theory that boom-bust cycles occur once every 3,141 days (the number pi multiplied by 1000), Armstrong claimed in 1999 to have predicted the Nikkei’s collapse in 1989 and Russia’s financial collapse in 1998.

During this interview Jason and Martin delve into a number of topics:

Putin’s Plan
Armstrong reminds us that Russian President Putin is a KGB disciple who would love nothing more than to put the Soviet Union back together. Through this prism, it’s not difficult to see the reasons behind his land grab in the Ukraine. He believes that the strength of a nation depends upon how much territory it owns, so look out Poland, etc! It’s also worthwhile to note that the failure of communism in Russia left a void that has been filled by a good, old-fashioned oligarchy.

Inflation vs. Deflation
As all good economists do, Mr. Armstrong has a strong understanding of, and opinions about, the inflation and deflation in an economy. Of course, Jason loves this topic whenever it arise in conversation. The main point Martin makes is that it is not inflation that destroys an economy, but rather deflation. Listen in as he explains exactly how.

Other notes of interest from the interview:

  • Why we’re on a 25-year war cycle and 8.6-year business cycle
  • Why the US ended up in the enviable/unenviable status as the Brinks truck to the world
  • Is the American dollar now a de facto international currency?
  • The US will never enter hyperinflation (400% monthly inflation) – our corrupt bankers won’t let it happen
  • It’s almost impossible for Americans to open a bank account or do business overseas – what is Europe afraid of?
  • The next economic implosion will be in pension funds
  • The real reason behind the recent huge influx of foreigners buying real estate investments in the US
Direct download: CW_579_FBF.mp3
Category:general -- posted at: 4:13pm EST

Be sure to sign up for our Property Tour and Creative Wealth Seminar in Mid-November in the well-rounded city of Orlando, Florida.There are major medical companies investing in the surrounding area. There are also basics to the State of Florida which make it a good place to invest. It offers asset protection, has no income tax for its residents and is pro-business and pro-landlord. This hybrid market is ripe and when the real estate market there corrects itself investment properties will appreciate to their proper values.

 

Key Takeaways:

 

Jason’s Editorial:

[1:14] A glitch in the previous Orlando podcast

[2:56] Orlando Property Tour in mid-November including the Creative Wealth seminar

[6:50] Meet the Masters in January

[7:42] The new Joe Investor segment and more great real estate investment content

 

Orlando Local Market Specialist Interview:

[8:57] Re-introducing the Orlando market

[10:10] Cash flow positive in a highly desirable market

[10:54] The importance of demand and desirability

[13:55] Judicial foreclosure states versus non-judicial foreclosure states

[15:02] Removing the supply drives the price upwards and eliminates cash flow properties

[17:04] Buying below replacement costs in Orlando

[17:30] Appreciation and regression to replacement cost are two different things

[18:28] Las Vegas may be a massively over speculated, natural growth was needed

[20:39] Florida basics create an environment for job growth

[22:09] Everybody knows Orlando, Florida - It’s more than Disney

[23:45] Light rail systems are up and running

[24:40] The market will correct itself; a cyclical evolution

[27:25] The right team, great deals are available in a landlord friendly environment

[29:07] Our management team was built for investors by investors

[31:09] Nobody wants an eviction but if it happens our group does it well

[34:56] Making the right choice in the real estate market - look 10 years in either direction

[37:50] Looking at linear about to go hybrid markets like Orlando, Chicago

 

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The mainstream media doesn’t ever mention investment property as an asset class. Are they owned by Wall Street? Small investors must not buy enough ad space. The Consumer Financial Protection Bureau, in an effort to protect the average person, makes new regulations which actually reduce opportunities for entrepreneurs or any mid-level company without enough money to pay an army of lawyers to sift through the glut of compliance issues. We discuss regulatory changes and the new closing form.

Key Takeaways:

Jason’s Editorial:

[1:37] Celebrating Jason’s birthday by paragliding

[2:54] Real estate service providers and introducing new forms

[4:35] New rules and documents for the Consumer Financial Protection Bureau

[8:36] Mini case study voicemail from Mason

[10:32] Outsmarting the Federal Reserve and the lame stream media

[15:20] Downward pressure on property pricing

[16:16] Upward pressure on rents

[18:26] The good way out is technological innovation

[19:50] Orlando income property tour in mid-November

[20:56] Meet the Masters in San Diego, California on January 8 & 9

 

Ken Trepeta Guest Interview:

[23:00] Integrating RESPA and TILA

[25:28] No more HUD-1’s

[26:08] The underlying rules are the responsibility of the lender of the closing disclosure form

[28:50] The devil in the details of the Dodd-Frank document

[31:50] Protecting consumers from paying too high interest

[33:02] The investor community has certain exemptions

[35:23] Small and midsize investors may need an army of lawyers

[37:57] New real estate investors walk away after seeing the roadblocks

[40:07] Preventing access to opportunities

[41:05] Condominium loans vs single family home loans

[41:58] How to contact Ken’s group

 

Mentions:

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Direct download: CW_577_Ken_Trepeta_The_Real_Estate_Services.mp3
Category:general -- posted at: 6:11pm EST

Jason Hartman talks with one of his Investment Counselors, Steve, about a Naked Capitalism blog post on the new real estate train wreck in securitized rentals.  Wall Street’s newest “innovation” based on rental income.  Will this be another Wall Street scam like the pools of subprime mortgages, auction rate securities, derivatives or numerous other products that were misrepresented to investors.

Next up, a discussion of the ‘lost decade’ for the American middle class based on a Newser article and some talk about the investor-driven recovery in real estate. 

Direct download: CW_576_FBF.mp3
Category:general -- posted at: 5:31pm EST

We break closing costs down into small pieces to support Jason’s #1 rule of investing, thou shalt become educated. Understanding which costs are fixed and which are variable will help you to protect yourself and allow you to become your own best advisor. We take the confusion out of calculating the fees. And, will private equity firms be the next big player in the mortgage game?

 

Sign up now for early bird pricing for our Meet the Masters event in lovely Southern California.

 

Key Takeaways:

Jason’s Editorial:

[3:01] An article about character - the essence of a person

[7:07] If you don’t stand for something you’ll fall for anything

[7:51] Artificially intelligent ads

[8:37] Edward Snowden, Hero or Villain?

[11:04] As banks retreat private equity rushes in

[11:37] Meet the Master event in January, SoCal - Get your earlybird pricing

[12:26] Orlando Property Tour

 

Guest Interview with Joe:

[15:45] Looking at lender fees

[17:15] Requirements for good faith estimates

[19:52] What are lender or origination fees

[21:01] Using an example of $142,500, figuring out the closing costs

[22:40] Insurance charges for lenders and owners

[23:49] Lender’s title insurance is one of the highest fees on the estimate

[24:11] Depending on your state the seller provides the clean title insurance

[25:01] Transfer stamps/taxes are local municipal charges

[27:07] Recording fees

[37:50] Points are fees to buy down the interest rates

 

Mentions:

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Crunching the numbers sounds easy enough but which numbers do you use? National data doesn’t always reflect individual markets and using geographical data isn’t always a telling sign due to widespread changes in Fannie and Freddie’s level of risk. Jason and Daren take a deep dive into analyzing market data and how tagging markets as linear, cyclical and hybrid allow investors to understand good properties based on cash flow and ROI.

The Venture Alliance trip to Newport, Rhode Island was a great success. The speakers who are specialists in their fields were truly informative. The very first Venture Alliance member shares his favorite part of the Mastermind, the hot seat.

 

Key Takeaways:

Jason’s Editorial:

[1:26] Upcoming episodes on financing

[2:07] Our first Venture Alliance member is on the podcast

[5:01] Houses starting at $400,000 on Martha’s Vineyard

[9:06] Rehashing the Rhode Island trip

[10:21] Hard money, short and long term lending, how it affects your debt to income ratio

[14:18] The hot seat is the best part of the Mastermind

[16:10] Recreational time is still business time during the Venture Alliance trips

[17:44] A discussion is more intimate than a presentation

[18:26] The inflation/deflation debate

 

Daren Blomquist Guest Interview:

[20:44] National data doesn’t always reflect geographic niches

[22:24] RealtyTrac is, at its core a data company

[25:07] We have the ability to license, or re-sell the data to other companies

[26:40] Home sales are at an 8 year high when analyzing 190 markets

[29:00] The homeownership rate helps our clients to analyze markets

[30:54] We analyze the tax assessor information for rental properties

[33:37] Everything’s relative

[37:32] Thinking of real estate markets as linear (boring), cyclical and hybrid

[42:40] A combination of jobs and universities help real estate markets

[44:43] Extend and pretend or delay and pray markets

[49:44] Market influences are tipping towards introducing additional risk

 

Mentions:

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Direct download: CW_574_Daren_Blomquist_RealtyTracs_Housing_News_Report.mp3
Category:general -- posted at: 9:02pm EST

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet.  Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks.

Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth.  Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he’s traveled to dozens of countries looking at investment ideas, and he’s run mutual funds, hedge funds, and investment research departments. Steve’s investment philosophy is simple: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.” It’s harder than it sounds, but Steve continues to be able to do just that for his readers.

Direct download: CW_573_FBF.mp3
Category:general -- posted at: 12:00pm EST

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts.

 

Don’t Forget Early Bird pricing for Meet the Masters available on JasonHartman.com

 

Key Takeaways:

 

Jason’s Editorial:

[2:06] Giddy for the upcoming interview 

[3:45] Removing the 3rd party from the equation

[5:23] Podcasters are charging guests to be on their show

[5:53] We are working on a self-management software tool

[7:30] Income is judged by the net operating income, not cash flow

[8:39] The Zerohedge article - U.S. homeownership rate tumbles

[11:00] I’m excited I want a 55% homeownership rate

[12:52] Median U.S. asking rent is $803

[13:46] The time is ripe for cash flow oriented linear markets

[14:55] Real income in the U.S. is at 1989 levels

[17:39] Will the economy be outdone by free market technology

 

Matt Williams Guest Interview:

[20:59] Learning the ins and outs of building marketplaces and communities at Amazon

[22:01] Digg’s V4 - An attempt at a personalized news experience

[25:21] Incubating Pro.com at Andreessen Horowitz

[27:26] Real estate investors are able to get a quote from any zip code in the U.S.

[28:25] Homeowners have access to what it cost to get their home ready for sale

[30:09] The most comprehensive pricing engine for any home project

[32:40] The problem is a lack of transparency for home services

[34:22] What the job should cost broken down for the consumer

[35:40] It’s really for every single job you can imagine in the home

[38:00] We handle the payment processing also

[39:04] Thousands of common projects and the multiple variations

[40:08] There are a lot of jobs left undone because people don’t know the price upfront

[41:10] We survey the pro after the job and post rankings

[41:58] How real estate agents work with pro.com

[44:12] This free service is nationwide, right?

 

Mentions:

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Welcome to episode 571 of Creating Wealth Real Estate Investing. If you’re here it’s because you’re interested in creating or growing your wealth through real estate investing. And today’s episode is the perfect vehicle to help you do that.

One of our experts, Joe, joins us to give the down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. We also talk about whether or not you need an attorney to close a loan, the differences between technical refinancing and cash out refinancing as well as how many months’ of reserves you need.

This is expert advice free of charge! And it’s all here on today’s episode of Creating Wealth Real Estate Investing.

Quick answers in the lightning round to all of the most important financing questions. We dig in and ask prudent questions of Joe our financing guru. If you are looking to create your wealth through real estate investments this is the episode for you. Down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. Expert advice free of charge!

 

Key Takeaways:

Jason’s Editorial:

[1:23] Lender Lightning Round show

[1:58] The great Facebook debate

[4:29] Commandment #3 - Thou shalt maintain control

[9:28] Ric Edelman’s - 10 great reasons to keep a long term mortgage and never pay it off

[11:07] The supply chain of financial advisors

[15:40] It’s an amazing time to be alive

[16:18] The Chinese Government makes it easier to buy overseas assets

[18:40] Newport Rhode Island trip for Venture Alliance members and guests

[19:51] CW - 565 is now the Orlando market profile

 

Financing Lightning Round with Joe:

[21:30] Inflation induced debt destruction

[22:15] Financing 10 properties per spouse through Fannie Mae

[22:53] Down payments vary - 5% down reduces your rate

[23:43] Financing through an LLC

[24:24] 1 loan, 1 property with vanilla residential financing

[25:45] Multiple inquiries about your credit score can lower it over time

[27:00] A LLC needs different insurance

[27:47] Is a power of attorney be sufficient to close the loan

[28:29] An attorney is not needed to close the loan

[29:57] A 2 year landlord history - Fannie Mae no, Freddie Mac yes

[30:56] The minimum credit score is 620 for the first 4 properties, 720 for 5-10

[31:50] Cash out refinancing on investment properties

[33:05] You can always finance your primary residence but different guidelines may apply

[34:21] Lenders need 6 months of reserves

[35:37] Offsetting the mortgage payment based on possible rental income

[37:42] Rental income loss

[38:38] Technical refinance or delayed financing

[40:22] 100% replacement cost needed in homeowners insurance

[44:37] Do your due diligence but beware of multiple credit checks

 

Mentions:

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Direct download: CW_571_Financing20FAQ20-20Lightning20Round20Lender20Questions.mp3
Category:general -- posted at: 6:45pm EST

Jason Hartman interviews research scientist, Heidi Grant Halvorson regarding the science behind human motivation and success. There are many successful people in the world who are highly motivated and have concise goals, but how many actually understand why they’re successful or why they fail? The common belief is that certain people are just genetically wired to succeed or fail.

Heidi states this is not entirely the case and shares the findings of scientific research on achievement. She talks about strategies that people use, principles that people can count on and apply to their own life, and states that our own intuition about what helps us succeed or causes us to fail can often be incorrect. It’s not about ability or IQ.

Heidi explains the psychological factors behind how people react to challenges, the beliefs and mindsets that people have as they try to reach a goal. Defining success is personal, dependent on an individual’s sense of well-being, lasting happiness and autonomy. She says it’s important to be specific about goals, to break them down into manageable, specific pieces that are planned out with when and where, and taking the time to define success for ourselves.

Jason and Heidi also discuss the relationship between money and happiness, expressing that there is a money point where it does make it easier to make choices and pursue the things individuals find interesting in life, plus containing a sense of accomplishment and opening the door to help others. Unhappiness comes about when a person makes and uses their money for the wrong reasons, lacking sensibility, leading to dissatisfaction. Heidi emphasizes motivation and realistic goals are important. Jason shares his own opinion on wealth, noting that, on the one hand, having more “things” can actually become a burden, but it does allow a person to help others and create experiences and memories. Heidi states that what people do with their wealth is the important factor for fulfillment and happiness.

Heidi Grant Halvorson is a rising star in the field of motivational science. She is a an Expert Blogger for Fast Company, The Huffington Post, and Psychology Today, as well as a regular contributor to the BBC World Service’sBusiness Daily, the Harvard Business Review, and SmartBrief’s SmartBlog on Leadership. 

Her writing has also been featured on CNN Living and Mamapedia. Heidi is also Associate Director of the Motivation Science Center at the Columbia University Business School. In addition to her work as author and co-editor of the highly-regarded academic book The Psychology of Goals (Guilford, 2009), she has authored papers in her field’s most prestigious journals, including the Journal of Personality and Social Psychology, Journal of Experimental Social Psychology, Personality and Social Psychology Bulletin,European Journal of Social Psychology, and Judgment and Decision Making.  

She has received numerous grants from the National Science Foundation for her research on goals and achievement.  Her work has been praised by Carol Dweck and Matthew Kelly, among many others.

Dr. Grant Halvorson is a member of the American Psychological Association, the Association for Psychological Science, and the Society for Personality and Social Psychology, and was recently elected to the highly selective Society for Experimental Social Psychology. 

She gives frequent invited addresses and speaks regularly at national conferences, and is available for speaking and consulting engagements, primarily in education, marketing, and management. She received her PhD in social psychology from Columbia University.

Direct download: CW_570_FBF.mp3
Category:general -- posted at: 4:42pm EST

So you’ve decided to invest in real estate, what now? Using the checklists provided by Jason and his team you can take things step by step and not miss a thing. Even if this is your first investment you can be certain you are making educated decisions on home inspectors, insurance companies and lenders by using this simple tool. You’ll have your real estate portfolio up and growing in no time. 

 

Key Takeaways:

[1:35] The Creating Wealth Show is the #1 way to achieve better real estate investing

[3:23] First steps to acquiring a property

[6:02] Some providers use year built as the rehab date 

[7:22] Every property will sell at the right price

[8:37] Big retailers don’t make investments easily, use it as a sign

[10:05] A checklist after the purchase agreement

[12:06] How to pick a home inspector 

[13:41] 50 shades of cahoots 

[16:53] Pre-approval for financing and understanding their language

[19:19] A good track record is important to us

[20:06] Being disloyal to markets and lenders is a good thing 

[22:44] Dealing with a nationwide insurance company and umbrella policies

[27:26] During closing time use the change of address form for your investment property 

[30:42] Venture Alliance fall foliage tour coming up soon, talk to your investment counselor

 

Mentions:

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Pillar to Post

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Venture Alliance Mastermind 

Direct download: CW_569_The_Checklist_Manifesto_for_Real_Estate_Investing_With_Sara.mp3
Category:general -- posted at: 3:58pm EST

The sharing economy will certainly change the game in the manufacturing sector but we do not yet know what affect it will have. Considering the normal adaptation lag time and the conversion nuances of each new innovation real estate investors must watch closely as the upcoming game changers come to fruition. Major economic indicators such as unemployment rates and the housing market will be closely monitored. Real estate investing may be entirely different than it is today. 

 

Key Takeaways:

[2:01] How real estate investors can design their portfolios in the current govt. environment 

[3:24] 3 Cardinal rules of real estate - Location, location, location

[3:57] What is the labor content fallacy or the zero sum game

[5:11] Proving Supply side economics or trickle down economics

[6:25] Looking at economics by way of technology 

[8:09] The self driving cars will hurt high value land owners

[9:06] An audio clip about self driving cars

[10:41] Automotive Industry experts expect an 8 year replacement cycle

[11:28] The average car is used only 4% of the time 

[12:45] How will autonomous driving services affect the auto industry

[14:38] A game changer for real estate

[15:33] Naresh is skeptical about the dates

[18:00] The typical city or town is 40% parking 

[19:11] Will people need to get in a car and go to work

[21:36] A safety app 

[22:34] Will there be high unemployment or will technology fill in the gaps

[25:21] Digital goods basically exhibit a zero cost of production 

[28:01] Real estate investors normally don’t consider what the future may hold

[29:25] Jason’s private mastermind group, Venture Alliance’s Newport Rhode Island trip 

 

Mentions:

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Venture Alliance Mastermind

Direct download: CW_568_Real_Estate_Investing_vs_The_Self_Driving_Car.mp3
Category:general -- posted at: 4:20pm EST

Jason Hartman starts with a discussion about the recent Facebook IPO scandal.  Morgan Stanley and the other IPO underwriters gave the bad news to their big clients about Facebook having a bad quarter but didn’t bother to tell their financial advisors and individual clients about this – more bad behavior on Wall Street?  Short Bloomberg News clip. What would Eliot Spitzer think of Morgan Stanley CEO James Gorman?

Jason reviews a SWOT Analysis for Investment Property including the following points:

Strengths
Cash Flow
Fragmented Markets & Providers
“Push” Appreciation
Real Appreciation
Physical, Real Asset
Weaknesses
Repairs
Vacancy
Management
Natural Disasters
Market Conditions
Opportunities
Inflation-Induced Debt Destruction(TM)
Regression to Replacement Cost(TM)
Rent Increases
Acquisition Price Below Replacement Cost
Gen Y
Low FICO Scores = More Renters
Fannie Mae
Threats
Rent Collapse
Price Deflation
Population Out-Migration
New Inventory Suppressing Rents

Join Jason and his team for their very first LIVE east coast event!  Atlanta Income Property Investment Tour + Education  http://www.jasonhartman.com/atlanta-investment-property-tour/. Finally, Jason talks with one of his clients who finances farmland about his growing income property portfolio and outlook on the residential rental property market.

Direct download: CW_567_FBF.mp3
Category:general -- posted at: 2:39pm EST

A look at three different tax scenarios. What would you pay if the proposed flat, fair and sales taxes were implemented. Currently with issues such as underreporting of personal business tax, formal renunciations and “workers without papers” paying tax the IRS claims to be billions behind it what it should be collecting. John Gavers current book delves deep into the intricacies of the flat and sales tax programs and his upcoming book will dissect the fair tax and how the economy would be affected if it were to replace the current U.S. tax system. 

 

Key Takeaways: 

Jason’s Editorial 

[2:00] The age old tax debate 

[3:13] The velocity of money 

[3:54] Candidate Obama eluded to an asset tax 

[4:33] Capital formation means the capital is never really dormant

[6:35] An update on upcoming shows

[7:05] The new VentureAllianceMastermind.com answers all of your questions

 

John Gaver Guest Interview:

[9:20] The IRS report says the rich are paying too much tax

[10:44] 2300% increase in formal renunciations

[13:33] Is California the new Michigan

[14:55] Does a flat income tax make sense

[17:49] The Reagan reform 2 tax brackets

[19:45] The book is based on IRS total collections 

[20:47] The fair tax taxes “workers without papers”

[23:05] John’s position is …

[26:01] A national retail sales tax would be collected at the state level

[28:35] Consuming a service is considered taxable

[29:34] Buying a used home would be tax free but would anyone buy a new house 

[30:33] My The Tax Deception book will look at the fair tax

[31:31] A flat tax will end up hurting the middle class 

 

Mentions:

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The Rich Don’t Pay Tax 

Direct download: CW_566_John_Gaver_The_Rich_Don27t_Pay_Tax_or_Do_They.mp3
Category:general -- posted at: 8:02pm EST

Orlando is more than Disney, it’s a well rounded city. There are major medical companies investing in the surrounding area. There are also basics to the State of Florida which make it a good place to invest. It offers asset protection, has no income tax for its residents and is pro-business and pro-landlord. This hybrid market is ripe and when the real estate market there corrects itself investment properties will appreciate to their proper values. 

 

Early Bird pricing is now available for January’s Meet the Masters event in SoCal. 

 

Key Takeaways:

 

Jason’s Editorial:

[2:10] An app Jason likes which tells him about the humidity he doesn’t like

[5:15] Meet the Masters event in January 9 & 10, 2016 - save the date 

[6:41] Florida is a no income tax state and it’s asset protection friendly

[7:08] Tampa, Florida may be under rated but the market is too expensive

[8:06] The biggest cities with the highest foreclosure rate 

[9:17] Land contracts in Grand Rapids, Michigan, owning notes means less responsibility

[11:18] Congratulations Russell for developing the life you want! 

[13:01] The 2nd Venture Alliance trip coming up in Newport, Rhode Island 

 

Orlando Local Market Specialist Interview:

[18:23] Foreclosures allow you to go cash flow positive in Orlando

[19:14] Market basics for achieving cash flow and appreciation

[22:38] Judicial foreclosure states versus non judicial foreclosure states

[23:31] Removing the supply drives the price upwards and eliminates cash flow properties

[25:30] Buying below replacement costs in Orlando 

[26:59] Las Vegas may be a massively over speculated, natural growth was needed

[28:29] Large companies are investing in Orlando 

[30:31] Everybody knows Orlando, Florida - It’s more than Disney

[33:51] Separating the Orlando market from other markets 

[35:48] The right team, great deals are available and it’s landlord friendly

[37:30] Our management team was built for investors by investors

[39:31] Nobody wants an eviction but if it happens our group does it well 

[43:20] Making the right choice in the real estate market - look 10 years in either direction

 

Mentions:

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Dark Sky App


While the last several years have seen huge losses for most investors in stocks, it has provided some valuable insights and allowed development of new concepts for stock investing. Jason Hartman talks with Dr. Chris Kacher and Gil Morales, principles and managing directors of Virtue of Selfish Investing, LLC and MoKa Investors, LLC, regarding their take on the markets, particularly commodities.

Chris and Gil explain their investment philosophy and concepts born out of frustration with other market strategies failing, relating how they were able to get through the market crash and the continued instability. One of the concepts is the Pocket Pivot, a favorable entry point in a stock before it breaks out of the stock base. Gil and Chris also share their outlook on stocks, commodities, currencies and inflation.

Dr. Chris Kacher is a stock investor and strategist with a background in the nuclear sciences. He is a co-founder of a stock advisory service, VirtueOfSelfishInvesting.com. Chris Kacher is a protégé of William O’Neil. He is known for achieving a total return of 18,241% during the period of 1996 to 2002 which he describes in his book Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market co-authored with Gil Morales. Prior to his career as a stock trader, Dr. Chris Kacher pursued an education in the nuclear sciences at the University of California, Berkeley.

He won a Charles D. Coryell Award while being undergraduate. As a graduate student he contributed to the confirmation of the existence of Seaborgium and a synthesis of an atom of Darmstadtium. He received a Doctor of Nuclear Chemistry degree in 1995. In 2009, Chris Kacher released a debut album of his piano compositions Teardrop Rain under a stage name of Christian Casher. He is a certified practitioner of neuro-linguistic programming and hypnosis.

He (in co-authorship with Gil Morales) is a regular contributor to MarketWatch. Dr. Kacher is also currently a principal and Managing Director of MoKa Investors, LLC and Virtue of Selfish Investing, LLC, www.virtueofselfishinvesting.com. He currently manages money for qualified investors through each of those firms, and is a frequent guest and commentator on MarketWatch.com, CBS’s Portfolio Doctor, and CNN News Radio’s Wall Street Shuffle, among other venues. He and Mr. Morales are currently writing a second book to be published by John Wiley & Sons, Inc. in summer of 2012.

Mr. Morales began his investment career in 1991 as a stockbroker in the Beverly Hills branch of Merrill Lynch. In 1997, William O’Neil personally recruited Mr. Morales to join William O’Neil + Company, Inc. where he spent the next eight years as a Vice-President, internal Portfolio Manager responsible for managing a portion of the firm’s proprietary assets, and Manager of the O’Neil Institutional Services group responsible for advising over 500 of the largest and most successful institutional investors in the world, including mutual fund, pension fund, and hedge fund clients.

Mr. Morales also co-authored with William J. O’Neil a book on short-selling, “How to Make Money Selling Stocks Short,” published by John Wiley & Sons in 2004. In 2004, Mr. Morales was appointed Chief Market Strategist for William O’Neil + Company, Inc.  In addition to co-authoring, “Trade Like an O’Neil Disciple,” he also contributed to the book, “Wiley Trading Guide, Volume II,” published in 2001.

In the period from January 1, 1998 to December 31, 2005, Mr. Morales achieved in his personal account a total return of 10,904.25% as audited by Rothstein Kass & Company, a hedge fund auditing firm.  Mr. Morales received his B.A. in economics from Stanford University. Mr. Morales is also currently a principal and Managing Director of MoKa Investors, LLC and Virtue of Selfish Investing, LLC, www.VirtueOfSelfishInvesting.com. He currently manages money for qualified investors through each of those firms, and is a frequent guest and commentator on Fox Business News, MarketWatch.com, and CNN News Radio’s Wall Street Shuffle and Opening Bell shows, among other venues.

Direct download: CW_562_FBF.mp3
Category:general -- posted at: 9:51am EST