Today's Flash Back Friday comes from Episode 493, originally published in March 2015.

In today's introduction portion of the Creating Wealth show, Jason Hartman invites Sarah on to the show to talk about the Memphis market. Jason also announces a property tour for the Memphis area in May, so be sure to buy your early bird tickets now before the price raises at JasonHartman.com. Today's Creating Wealth principle guest is Andrew Zatlin. He is an economists and is famously know for his Moneyball Economics. He sits down with Jason to talk about Hookernomics, how you can learn where the market is going by simply talking to escorts, the unstable Japanese economy, how gold will drop in prices, and much more on today's episode. 

Key Takeaways:

1:50 – Huge interest in the Memphis market right now.

6:05 – Jason talks about the Memphis property tour schedule and dates.

14:10 – Jason introduces Andrew to the show.

16:45 – Most policy makers out there have an old-fashioned way of approaching this very new economy that we're in.

27:16 – Andrew explains why he decided to interview escorts and prostitutes about the state of the economy.

42:00 – Andrew set out to find the true data points that really matter to our economy.

50:45 – China has created a super bubble for themselves and they are bond to crash.

53:20 – Japan doesn't make thing any more and they're also in big trouble. Andrew explains further.

57:30 – Jason and Andrew touch on the gold bug subject.

62:40 – There's a free report on MoneyballEconomics.com that shows you how vices, hookernomics, can show you what's going on in the economy right now. 

Mentioned In This Episode:

http://www.MoneyballEconomics.com

http://blogs.wsj.com/moneybeat/2013/10/22/southbays-zatlin-goes-moneyball-on-economic-data/

Jason Hartman takes a victorious look at a recent Wall Street Journal story declaring that more people are viewing renting as a long-term solution to their housing situation. That is FANTASTIC news for landlords, and will put the upward pressure on rent that every investor wants. Jason also gives a few travel hacks for going on a trip to multiple climates, and includes another market profile from producer Adam, this time on the Indianapolis market.

Key Takeaways:

[2:25] The next decade of being a landlord is going to be amazing

[7:05] More and more people are seeing renting as a long term housing solution

[10:56] Jason's travel hacking tips for going on a multi-dimensional weather trip

[14:57] Indianapolis Market Profile

Website:

www.JasonHartmanCreatingWealth.com

Jason Hartman breaks down some important topics in today's show as he talks about one of the vital assets you have in your toolkit, and that's your credit score. With so many different companies and credit scoring models, it's key that you understand what impacts your score. You need to stay on top of it (and make sure it doesn't get TOO high because then you're not doing enough of what Jason thinks you should be doing).

Jason also looks into what kind of a job the Fed has been doing on their charter, opposition to Amazon, Google and Facebook, the myth of the Rented Home purchase, and some interesting results from his recent DNA test.

Key Takeaways:

[3:50] The Fed's job of evening out inflation has been...not so great

[7:29] Trump's opposition to Amazon and Jason's opposition to Google & Facebook

[9:57] Some disgusting behavior from Goldman Sachs around the time of the mortgage crisis is a PRIME example of how Wall Street treats the average person

[11:51] There are the big 3 credit bureaus for your FICO scores, but tons of factors that create each score, PLUS there are even more FICO scoring models out there

[13:43] If your credit score is too high you might not be borrowing enough money (but don't borrow for frivolous purposes, borrow for properties)

[17:45] A rundown on a few FICO scoring models

[21:54] Do millennials really understand inflation?

[23:32] The Rented Home Myth

[29:24] Jason gave in and did a DNA test

Website:

www.JasonHartman.com/Ask

Today's Flash Back Friday comes from Episode 482, originally published in February 2015.

On today's Creating Wealth show, Jason talks a little bit about mastermind groups and touches on an article that was released by USA Today on the subject of investments. Jason brings up some very interesting points on the minimum wage discussion as well as talks about conflict of interests in financial advisers. As always, Jason shares some timeless wisdom about the US dollar, commandments to live by, and more on the Creating Wealth show.

Key Takeaways:

1:30 - Jason talks about his mastermind group, Venture Alliance.

5:45 - Minimum wage increases always causes inflation.

11:00 - Give yourself small rewards along the way. 

13:40 Jason talks about commandment number nine.

17:20 - The American workspace is getting smaller as more people work from home.

23:15 - Jason talks about the gold bugs and other forms of currency.

27:45 - The US dollar will still be the reserve currency

30:10 – Jason does a deep dive into his personal commandments.

37:40 – There is no such thing as passive income.

41:00 – Jason's company looks for landlord friendly markets.

Mentioned In This Episode:

USA Today - Retirement Savings

You're Losing Your Office Space

US Dollar Most Crowded Trade

Jason Hartman opens up the episode with client Muthia as they discuss a recent issue Muthia had with a provider that led to him filing a complaint and actually reaching a (relatively) positive conclusion.

For the off topic 10th episode, Jason talks with David Burkus, author of Friend of a Friend and Associate Professor of Leadership & Innovation at Oral Roberts University, about how to grow your network, develop key connections, the newest renaissance in business structure, new vacation policies, and more.

Key Takeaways:

Jason & Muthia Intro:

[4:05] Muthia's journey with one of the LMS' in Jason's network

[8:27] Paying taxes gets us the court system and regulatory agencies that allow you to file complaints against providers who take advantage of you

[13:15] Your duty as a citizen is to DO SOMETHING when people wrong you and others

[16:40] Join Jason in Philadelphia in May

David Burkus Interview:

[21:03] Is there a scientific method to networking?

[24:16] The best thing to do if you're trying to reach a specific contact

[30:19] The experimenting in getting away from the org chart

[35:15] You need to trust your employees and not punish the 99% because 1% couldn't be trusted

[37:43] Are things like unlimited vacation only available to companies with large funding bases?

[39:31] The most surprising thing about creativity

Website:

www.DavidBurkus.com

www.JasonHartman.com/Events

Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more.

Key Takeaways:

[4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors

[8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK

[10:45] Which states have benefited most from foreign money recently?

[13:12] There is, no surprise, a housing shortage going on right now

[17:32] 1984 is coming true, but not the way we all expected

[21:02] Why big companies secretly want more regulation

[25:41] Are there any signs of an economic letup?

[29:37] The welfare state is getting reigned in a little bit

[34:31] Households are dedicating 10% of after tax income at a lower rate than 5 years ago

Website:

www.JasonHartman.com/Events

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 302, originally published in February 2013.

Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question:  Why does government get bigger and bigger when we know it doesn’t work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs.

In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of “rigidity and scarcity.” At the same time, it opens the door to corruption.

Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. “When government undermines money, bad things happen,” laments Mr. Forbes. “When government says it’s here to help, watch out!”

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond.

As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better.

Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang.

Key Takeaways:

[3:43] Rising rates are making the inventory shortage even worse

[6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it

[9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest

[13:08] Memphis market profile

[24:47] The IRS is coming after owners of bitcoin

[29:21] Get ready for the Creating Wealth event in the Northeast

Website:

www.JasonHartman/Events

www.JasonHartman.com/Ask

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey.

Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China.

Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions.

Key Takeaways:

[3:04] Sometimes you have to listen to fate

[9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter

Dana Dunford Interview:

[16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up

[21:28] Hemlane can help you generate more revenue and increase your NOI

[24:50] Transparency up front is critical

[31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager?

[36:10] How much are tenant turns and lease ups costing through Hemlane?

[40:41] The geographical limitations of Hemlane

Website:

www.Hemlane.com

www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 176, originally published in July 2010.

Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping.

Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the ‘pope” of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve’s second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University’s Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.