Creating Wealth Real Estate Investing with Jason Hartman

Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.

Key Takeaways:

[01:10] Jason comments on the Las Vegas terrorist attack.

[09:30] Compound interest can be a powerful tool against inflation.

[15:12] Engineers take an analytical approach to investing.

[17:22] After 18 years, $100,000 grow to 14 million.

[24:43] Jason explains a Deferred Sales Trust.

[28:39] If you are on the fence about investing talk with an investment counselor.

[39:33] Asset Protection is a complicated subject you should speak with a lawyer about.

[48:58] Resources for tax help.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Real Estate Tools - Property Tracker Software

Venture Alliance Mastermind

Compound Interest Calculator


Sunday night in Las Vegas shook the town and, tragically, saw the loss of life to over 50 and caused injuries to over 400 participants at the Route91 Christian Music Festival. The deranged gunman who fired at them was shooting from the Mandalay Bay hotel, where Jason Hartman happened to be attending a meeting.

Jason took some time Monday evening to reflect on his experience as the realization dawned on him, and the other meeting attendees, that someone was shooting at people on the ground. He also talks to his friend, Larry, who stayed at the meeting a little longer and ended up being locked into the hotel and having to spend the night in the meeting room. Larry tells about the scare they received in the room, how the situation was handled, and when he was allowed to leave.

[1:13] Hearing the gunshots from the balcony of the meeting room, and the slow realization that something was horribly wrong

[5:40] The biggest terrorist attack in the US since 9/11 and the fear that the next one will be even bigger

[8:38] The moment where Larry and his meeting attendees thought the shooter was outside their door

[15:12] What happened when everyone was released and the security measures during the night

Website:

Route91 Christian Music Festival

#LasVegasShooting
#VegasStrong
#PrayForLasVegas

"I just never in my life thought I would witness some terrible tragedy like this"

Direct download: CW_891_Las_Vegas_Shooting.mp3
Category:general -- posted at: 5:53pm EDT

Even though this is a 10th episode, Jason cannot help but to start the show off by talking about the current and future events which will change the real estate investment landscape. And later, Jason interviews Founder and President of the High-Performance Learning Center, Keynote Speaker, and NYT bestselling author Michael Gelb. Michael discusses key points from his books, How to Think Like Leonardo Da Vinci and The Art of Connection.

Key Takeaways:

[02:30] Age isn't what it used to be.

[09:40] The American dream of owning a home is becoming obsolete.

[14:40] 'Surban' communities are the concepts of suburban and urban joined together.  

[16:27] Boomers are choosing to rent.  

[19:31] Jason recommends some books.

 

Michael Gelb Guest Interview:

 

[23:09] The Art of Connection turns the tide on the massive tsunami of spam in our lives.

[26:14] Steps to get people to buy into your ideas and innovations.

[29:15] Treating all stakeholders with respect will bring success to your business.

[33:46] The Three Liberations.

[38:41] We are becoming more like ourselves.

[43:05] Great relationships depend on a balanced energy exchange between all participants.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Longevity and Biohacking Show

Venture Alliance Mastermind

Meet the Masters of Income Property

Free Court Podcast

Michael Gelb


Originally aired on CW 512.

Jason invites his top investment counselor, Sara, to the show. Jason and Sara share their thoughts on the Memphis market and what potential investors might expect. Sara also lists the importance of having the right mindset when investing in a C property and Jason gives a break down on the price ranges of A, B, and C class properties on the show.


Jason welcomes Economist Mike Norman to the show to discuss Modern Monetary Theory or MMT. Mike shares examples of common misconceptions people have of the US monetary system and economy, such as the US debt clock, that inflation equals growth and how the tax system works. He believes that the US has an unlimited supply of capital and balancing the budget or functioning as a fixed monetary system would accomplish the opposite of what is needed to create growth. And, Jason announces the winner of the Amazon Echo raffle.

Key Takeaways:

[01:27] Paige Glenview is the winner of the Amazon Echo raffle.

[04:10] SkyNews clip about giving women permission to drive in Saudi Arabia.

[06:21] Meet the Masters and ADVenture Alliance event information.

 

Mike Norman Guest Interview:

 

[09:40] Modern Monetary Theory (MMT) explains the value of money.

[12:39] A tax system is required to create demand for money.

[17:31] A fixed monetary system creates cycles of economic depressions and recessions.

[19:53] The US national debt is a summation of what is owned by the US and its constituents.

[27:25] A dollar must be created and pumped into the economy before it can be used to pay a tax debt.

[29:46] The US has an unlimited amount of new capital.

[35:13] There is a difference between inflation and growth.

Mentioned in This Episode:

Jason Hartman

Meet the Masters of Income Property Event

Venture Alliance Mastermind

Michael Norman on Youtube


The US is facing a looming financial crisis. In this episode, Jason outlines six business plans the government can use to ease its inflationary pressures. Four of the plans could result in negative outcomes, while the final two plans could achieve debt repayment by way of inflation. Understanding inflation and all of its aspects are not for the light-hearted. Jason explains inflation, how the government reports on inflation and offers up some educational resources for those who want to know more.

Key Takeaways:

[04:35] Technology is changing the game in all aspects of life.

[11:15] Meet the Master's of Income Property Event is a 3-day event in January 2018.  

[14:15] Jason identifies 6 ways to deal with inflationary pressures.

[21:17] Using inflation as a tool to avoid paying debts.

[27:39] Understanding the difference between real and nominal and price and value.

[33:49] Redistributing wealth through inflation.

[40:11] The three ways the government manipulates inflation statistics.

Mentioned in This Episode:

Jason Hartman

Be Your Bank

The Longevity and Biohacking Show

Property Tracker

Real Estate Tools

Short-Term Rental Council

Amazon Echo Contest Entry

Confessions of an Economic Hitman by John Perkins


To start, Jason’s mother joins Creating Wealth to speak on the latest in the real estate market and rent to value ratios. Today’s Creating Wealth guest is Managing Director of Dandrew Partners New York, Salvatore Buscemi. Dandrew Parnters specializes in non-performing residential mortgages. Salvatore talks about why the real estate market collapsed, dealing with inexperienced investors, real estate crowd funding, and more on today’s show.


In this solo episode, Jason analyzes widespread public statistics about US home sales, the value of the US Dollar and the looming pension crisis and asks the question ‘compared to what?’ The doomsayers may not be considering all the facts when predicting the collapse of the US economy and the real estate bubble. Jason breaks down the concept of price discovery and details how it is directly impacted by the interest rate. He ends the show by scrutinizing the top-heavy economies in Europe.

Key Takeaways:

[02:33] Wells Fargo settled a class-action lawsuit for $142 million for ripping off America.

[03:34] Does social media pressure give the average consumer leverage?

[09:09] Including 'Compared to what?' information can help clarify statistics.

[12:27] The three types of home sale markets are the buyer's market, the seller's market and the broker's market.

[21:51] War as a business plan.

[23:59] The cyclical, conservatives markets aren't likely to crash.

[29:15] Price discovery is directly impacted by the interest rate.

[32:47] Single-family home sales predictions from the Mortgage Bankers Assoc. & Fannie Mae and Freddie Mac.

[38:55] Demographics & Pensions.

Mentioned in This Episode:

Jason Hartman

Property Tracker

Meet the Master’s of Income Property

Venture Alliance Mastermind

PragurU Youtube Channel


Jason shares his views of the socialistic policies adopted in Europe with regards to immigration and economics before welcoming returning guest, Nick Giambruno to the show. Nick details the problematic pension crisis and shares how it will affect state and local governments. And, he talks about how decentralized cryptocurrencies, like Bitcoin, may be the answer to taking power away from the centralized government and the current geopolitical climate.

Key Takeaways:

[02:22] The world is in a race to the bottom as people lose their critical thinking abilities.

[06:02] Communism is the biggest disaster to befall humanity.

[07:11] Lending institutions may not be responsible for the current housing bubble.

[11:30] Jason recommends two great reads.

 

Nick Giambruno Guest Interview:

 

[16:05] Nick explains the future pension crisis.

[21:14] Property taxes will go up in order to offset the pension crisis.

[24:00] Will there be a federal bailout for the state and local governments?

[25:45] Analyzing the longevity and validity of cryptocurrencies.

[35:25] The US and China may be at the beginning of a trade war.

Mentioned in This Episode:

Jason Hartman

Amazon Echo Raffle

Venture Alliance Mastermind

Meet the Master’s of Income Property

400 Things Cops Know by Adam Plantinga

After America by Mark Steyn

Casey Research

International Man


Originally aired on CW 474.

Today on the Creating Wealth show, Jason talks about some of the latest things he is up to as well as talks about an interesting opinion article published by the Washington Post. He does not have a guest for today’s show, so he does a deep dive into the real estate market and talks about why central planning never works for the home ownership market. He also gives his comments in between reading out loud the article published by Washington Post in this quick 30 minute Creating Wealth episode.