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

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Jason Hartman University

Smart Asset

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

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

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

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:

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Dogvacay

Rover

Venture Alliance Mastermind

Hartman Education

Mastering the Rockefeller Habits

Family Offices

The Single Family Office book

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.”

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

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

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

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

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Hartman Education

MBF Healthcare Partners

Simply Healthcare Plans

Humbled by the Journey

Humbled by the Journey on Facebook