Creating Wealth Real Estate Investing with Jason Hartman

Originally aired as CW 433

In his introduction today, Jason Hartman shares his opinions and experiences with the growing trend of psychiatric prescription drugs, as well as reinstating how real estate investors can avoid having to hand over huge portions of their profit to the government. 

Later, he invites financial analyst Daniel Amerman on as a return guest to the Creating Wealth Show. Together, they discuss their respective solutions for eliminating debt, they talk about new American laws and regulations and their impact on the global financial market and ultimately, they resolve that sometimes you just have to align yourself with those in power to be successful.

Direct download: CW_525_FBF.mp3
Category:general -- posted at: 2:54pm EDT

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him. 

 

Key Takeaways:

[2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason. 

[4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this. 

[9:15] What's the process if you want to get started in real estate? 

[16:35] Listen to the Creating Wealth podcast to get a free education on real estate.

[18:25] Please listen to episode 405 and learn how to read a property pro forma. 

[21:45] You learn a lot just by coming to one of Jason's live events. 

[29:45] Jason's business model is a simple one. They work on referrals and don't charge you a dime. 

[32:00] You can own property without an LLC, but please read Mark Kohler's book, What Your CPA Isn't Telling You.  

[37:35] You can have a good or bad tenant on any A, B, or C class property. 

[39:25] Last thoughts? Don't over think the numbers too much. We are here to help you through the process, all you have to do is start. 

 

Mentioned In This Episode:

http://www.jasonhartman.com/cw-485-real-estate-investing-chicago-jason-hartman/

http://www.jasonhartman.com/cw-508-market-profile-on-jackson-mississippi-with-market-specialist-brad/

http://www.jasonhartman.com/creating-wealth-255-memphis-foreclosure-profits/

http://www.jasonhartman.com/cw-405-how-to-read-a-property-pro-forma/

https://www.youtube.com/user/JHartmanRealEstate

http://www.jasonhartman.com/cw-514-client-case-study-with-philip-sullivan-in-the-atlanta-kansas-city-and-little-rock-real-estate-markets/

http://www.jasonhartman.com/cw-458-david-porter-platinum-properties-client-speaks-succesfull-income-property-investment-retail-shipping-us-economy/

http://www.jasonhartman.com/cw-459-client-case-study-70-units-fernando/

What Your CPA Isn't Telling You by Mark Kohler

 

MarkJKohler.com

Direct download: CW_524_Jason_and_Fernando.mp3
Category:general -- posted at: 8:59pm EDT

Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 9 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence. 

 

Key Takeaways:

[1:50] Every time a casino opens in an area, the divorce, suicide and poverty rate increases. 

[8:15] Jason describes derivatives as 'the thing about the thing'. 

[12:15] According to the National Association of Realtors, prices will be increasing. 

[17:20] Jason introduces Joe and investment counselor Sara to the show. 

[21:30] Joe heard Jason's podcast, loved it, and he bought two properties on the spot with him. 

[26:30] Joe purchased a section 8 home and it's been the easiest property to manage so far.  

[27:25] Sara shares her opinion on section 8 homes. 

[33:20] Jason used to think investing in a lot of different cities was good, but now he only recommends being in 3-5 markets instead. 

[36:15] Jason is not happy with Affinity Group Management and talks about why. 

[42:00] Joe invested in stocks before he invested in real estate and lost money in the 2000 crash. 

 

Mentioned In This Episode:

 

JasonHartman.com/ 

Direct download: CW_523_Joe_Goncalves.mp3
Category:general -- posted at: 7:10pm EDT