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    Business

    Creating Wealth Real Estate Investing with Jason Hartman

    Become an EMPOWERED INVESTOR. Survive and thrive in today’s economy! With over 2,000 episodes in this Monday, Wednesday, Friday podcast, business and investment expert Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Steve Forbes (Freedom Manifesto), Tomas Sowell (Housing Boom and Bust), Noam Chomsky (Manufacturing Consent), Jenny Craig (Health & Fitness CEO), Jim Cramer (Mad Money), Harvey Mackay (Swim With The Sharks & Get Your Foot in the Door), Todd Akin (Former US Congressman), William D. Cohan ( The Price of Silence, The Last Tycoon, & House of Cards), G. Edward Griffin (The Creature from Jekyll Island), Daniel Pink (National Geographic).

    Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.

    Jason purchased a Southern California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 189 countries worldwide.

    Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS – Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul’s America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine).

    Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer).

    A trademark feature of Hartman Media podcasts are our ‘Tenth Episodes’ where alternative topics of interest are explored every tenth episode. This provides a diverse mix of programming exploring issues and influential authors like John Gray (Men Are From Mars, Women Are From Venus), Dan Millman (Way of the Peaceful Warrior), Dr. Denis Waitley (The Psychology of Winning, The Seeds of Greatness), Lori Ann LaRocco (Opportunity Knocking), Mark Divine (Seal Fit: Way of the SEAL), Dr. Jill Ammon-Wexler (The Power of Belief), Dr. Kelly McGonigal (The Willpower Instinct), Doug Conant (Touch Points), Jared Diamond (The World Until Yesterday), Dr. Bob Wright (The Science of Spectacular Living), Jack Canfield (Chicken Soup for the Successful Soul), Sonia Arrison (The Coming Age of Longevity), Dr. David Rock (Your Brain at Work), Gay Hendricks (Relationship Enhancement), Hannah Holmes (Quirk), Dr. Gary Chapman (The Five Love Languages), David Farrow (Millionaire Memory), and David Allen (Getting Things Done),

    Topics explored at depth on Creating Wealth include investing, income properties, property investing, investment strategies, loan modifications, market predictions, mortgage modifications, online marketing, real estate, rental property investing, subprime mortgage crisis, 401K, retirement, Alibaba.com, alternative currencies, alternative energy, ROI, cash flow, American economy, appreciation, arbitrage, Arkansas housing market, artificial intelligence, asset allocation, Atlanta Georgia, income property investing, attorneys, Australian mining, Austin real estate, baby boom generation, baby boomers, banking, bank loans, bankruptcies, Belize, Ben Bernanke, billionaires, bonds, book reviews, boom bust cycles, Boston, brand management, branding, Brookings Institution, Breton Woods, BP, British Petroleum, bubble markets, building wealth, business cycles, business psychology, business travelers, California, California Department of Insurance, CDI, California real estate, capital gains tax, Case-Shiller, Casey Research, cash flow, central banks, certificates of deposit, Chicago, Chicago real estate, China, college tuition, Colorado, commercial investing, commodities, commodity pricing, compound interest, conversions, CPI, Consumer Price Index, Dallas, dark pools, debt ceiling, debt crisis, debt-financed spending, deflation, Detroit, Detroit real estate, digital money, distressed properties, down payment, email marketing, estate tax, high cash flow, home equity, home financing, Indiana, Indianapolis, interest rates, jobless recovery, Kansas City, leverage, libertarian, Little Rock, maintenance warranty, management fees, Manhattan, marketing, Memphis, Miami, Michigan, mircopreneur, middle class, millennials, millionaire, Minneapolis, Minnesota, Missouri, Mississippi, MLS, mobile banking, monetary policy, money market fund, negative equity, new home construction, New Orleans, New York, New York City, North Carolina, Ohio, oil, oil prediction, overpriced markets, packaged commodities, passive income, passive investor, payroll tax, pension, pension funds, pension plans, Platinum Properties, positive cash-flow, price stability, price of gold, price volatility, private money lending, pro forma, property appraisal, property value, real estate arbitrage, real estate tax, rent, rental, renovated homes, rental homes, rental income, rental insurance, San Antonio, San Diego, San Francisco, single-family homes, social marketing, social media, Swiss Franc, Swiss National Bank, Tampa, tax, tax laws, tax bracket, tax lien, taxes, tenant, tenant eviction, Tennessee, Texas, treasury reports, unemployment, unfriendly markets, US housing market, venture capital, volatility, Warren Buffet, Washington, wealth management, whistleblowers, world economy, Zero Hedge.

    Additional topics explored on the Creating Wealth podcast include Bitcoin, digital currencies, corporate tax inversions, crowdfunding, inflation, the Federal Reserve, student loan debt, monetary policy, economic challenges facing generation Y, solar energy, 3D printing, medical technology, US dollar, currency exchange, plunging bond rates, personal and commercial bankruptcy, the cost of a college education, digital banking, the American dream, capital gains taxes, asset protection, gold and silver, commodities markets, precious metals, investing tips, structural and personal unemployment, bank regulations, regulatory reform, emerging markets, shadow banking, social media, derivatives, mobile commerce, government regulation, housing market, identity theft, cyber currencies, mortgage lenders, investment properties, VA loans, gold standard, Fannie Mae and Freddie Mac, online auctions, landlord tenant conflicts, tax lien investing, tax law, retirement, contract law, stagflation, home loans, real estate scams, renters, reverse mortgages, foreclosures, euro, European Union, ECB, European Central Bank, the US housing market, micro lending, online security, cyber security, online banking, digital banking, outsourcing, online shopping, Amazon, Apple, Facebook, Twitter, JP Morgan, short sales, austerity, forex, monetary systems, budget surplus, budget deficits, tax cuts, solar energy, consumer debt, consumer price index, property investing, high frequency trading, interest rates, college tuition, cashless societies, credit card debt, credit monitoring, credit ratings, currency trading, refinancing, federal stimulus, financial independence, financial planning, financial literacy, economic growth, economic development, Wall Street, IPO, IRS, Internal Revenue Service, IMF, International Monetary Fund, mobile banking, Elliot Wave theory, free trade, underwater homeowners, foreign investing, oil prices, entrepreneurship, Equifax, federal budget, Keynes, Keynesian, fiat currency, financial scams, global economy, gold standard, income tax, and foreign investment.

    [CLAIM:SNDPUAP8]

    Advertise

    Copyright: © 2006–2022 The Hartman Media Company. All Rights Reserved

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    Latest Episodes:
    1196 FBF: Inflation: The Best Business Plan For Governments & Central Banks - Never Bet Against The Fed May 17, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 887, originally published in September 2017.

    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:

    Property Tracker

    Real Estate Tools

    Short-Term Rental Council

    Confessions of an Economic Hitman by John Perkins


    1195: Avoiding Home Inspection Pitfalls with Elite Group Inspection Professionals May 16, 2019
    Show notes

    Jason Hartman talks with Josh and Mike from Elite Group Inspection Professionals about what to expect when getting a home inspection. A good home inspection can save you thousands, and a bad home inspection can cost you thousands. It can be tough to figure out who you can trust when you're getting one done, but Josh and Mike give you some resources to finding a competent inspector and what the major things you should be looking for on your inspection reports.

    Key Takeaways:

    [6:49] Make sure you check your home inspector for licenses, certifications and insurance

    [9:36] Some of the biggest concerns from buyers

    [14:15] The pros and cons of various roof types

    [19:09] Expect a lot detail about repairs needed in your inspection, but not about how much they will cost to fix

    [22:43] What to look for on the interior of the house

    [25:50] When you need to get a re-inspection done

    [28:39] Some of the common plumbing problems

    Website:

    www.EliteInspections.com


    1194: Self-Management Deal Making, Tenant Interactions & Maintaining Control with Drew Baker May 15, 2019
    Show notes

    Jason Hartman and Drew do a small client case study about his journey of self-management, then move into the finale of Jason's examination of Kyle Bass' speech about China. Finally, Jason and Drew explain how Commandment #3 (Thou Shalt Maintain Control) and Tesla's current situation go together, as the company continues to make some poor business decisions and hemmorage money.

    Key Takeaways:

    [2:50] Drew's new roof on his Indianapolis home

    [9:54] When you self-manage, your tenant is part of your team

    [13:59] Is self-managing really worth it to Drew or is he doing menial work that's not worth it?

    [15:52] Revisiting Kyle Bass' speech

    [23:06] How Commandment #3 and Tesla mix

    [27:03] Tesla is getting dumb money and pillaging it

    [30:29] In real estate you can fire someone and get another person to do the same job. With big companies like Tesla, you fire Elon Musk and the company's in trouble

    Website:

    www.JasonHartman.com/Cruise

    www.JasonHartman.com/Properties


    1193: Client Case Study: David Nelson on Self-Management, Diversification & Listen Question on Loans After Fannie Mae & Freddie Mac May 14, 2019
    Show notes

    Jason Hartman and Adam start today's episode by answering a listener question from Amina, who wants to know what her options are after she maxes out her Fannie Mae and Freddie Mac loans. Surely there are options out there, but what are they?

    Then Jason has a client case study with David Nelson, who, along with his wife, has amassed a real estate portfolio that has allowed her to retire early to focus on their holdings. David discusses how his cockiness led him into a bad deal, why continual education is important and where his journey is heading.

    Key Takeaways:

    [5:15] Listener Question from Amina: what do you do after you max out your Fannie Mae/Freddie Mac loans?

    [10:34] If you're wanting to cruise to Grand Cayman, Jamaica and Cuba you need to sign up soon!

    David Nelson Client Case Study:

    [17:19] David started getting cocky investing in 2016 and didn't pay enough attention to his inspection

    [20:24] Jason's group doesn't do any one off deals

    [24:28] How self-management has gone for David so far

    [29:18] When you combine education with action you can accomplish nearly anything

    [33:01] Why being 80% in on one asset class isn't necessarily a mistake

    Website:

    www.JasonHartman.com/Cruise

    www.JasonHartman.com/Ask


    1192: Rent Increases, Investing in a Depression & Devastating Impact of Population Declines May 13, 2019
    Show notes

    Jason Hartman and Adam use today's episode to discuss some important information about rental rates vs income growth, answer listener questions and what Mark Zuckerberg's college roommate thinks about him.

    Key Takeaways:

    [3:29] Rents have been rising faster than incomes in most of the United States

    [7:56] Investing in a prudent market with lots of government jobs could be helpful for rents not decreasing

    [13:31] Would real estate investing make sense if another Depression hit the US?

    [23:36] Population decline can be devastating for real estate investors

    [29:06] Once big tech companies get their funding they start to lose their touch with the people

    Websites:

    www.JasonHartman.com/Cruise

    www.JasonHartman.com/Ask

    Jason Hartman's Amazon Flash Briefing


    1191: Pension Ponzi Schemes, Asset Inflation, War On The Middle Class, Bernie Madoff, Market Cycles, American Greed with Pat Donohoe May 10, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 872, originally published in August 2017.

    Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

    Key Takeaways:

    [02:25] Is the US a giant Ponzi scheme?

    [05:31] Understanding the difference between pension benefit plans and contribution plans is essential.

    [15:15] The financial service industry preys on retail investors.

    [20:49] Harry Markopolos is waiting to capitalize on a market correction.

    [27:09] Analyzing the patterns and mistakes of the middle-class investor.

    [35:27] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

    [37:49] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

    Mentioned in This Episode:

    Be Your Bank

    The Wealth Standard

    The Wizard of Lies

    401K Jail Article

    Venture Alliance Mastermind


    1190: Trump's Real Estate Deductions & The Constant Pursuit of More with Steve Jones May 10, 2019
    Show notes

    Jason Hartman and Adam start off today's show talking about the topic of the news today: Trump's billion dollar "loss" over a 10 year period. What the media fails to mention throughout the whole thing is that he didn't actually LOSE any of that money, he simply had massive deductions thanks to the beauty of real estate phantom deductions.

    Then Jason talks with Steve Jones, CEO of Allied Universal and author of the book No Off Season: The Constant Pursuit of More, about how his career in sports translated into business success. Steve and Jason look at the various skills learned in sports and how can each be applied to the business world, whether you're an employee or employer.

    Key Takeaways:

    [2:55] People are horribly off target thinking Trump is a "Billion Dollar Loser"

    [5:21] Real estate deductions run on a depreciation schedule

    [9:37] Real estate offers you a tax deduction you can't get any other way

    [11:44] How property tax states are able to increase their revenue through land value

    Steve Jones Interview:

    [18:16] Your ability to overcome obstacles is going to make or break your success

    [21:05] Sports teaches you how to work as a team

    [24:10] Some techniques on how to keep the team cohesive when dealing with adversity

    [27:49] With no action steps in place you only have a dream, not a plan

    Website:

    www.AUS.com

    www.JasonHartman.com/Properties


    1189: Artificially Low Interest Rates, the Next Recession & Investment Income From Tenants with Drew, Part 2 May 08, 2019
    Show notes

    Jason Hartman wraps up his talk with Drew from yesterday, as the two leave the topic of self-management and delve into more economic lines of conversation. Jason brings up a recent Peter Schiff tweet and the two dissect whether it holds water in today's environment, as well as discussing how articially low interest rates are impacting the investing landscape we see today. They also discuss a different way to look at the rents you're collecting from your tenants in a way that makes it even more powerful than it looks at first glance.

    Key Takeaways:

    [3:01] If falling consumer prices have been good for the last 100 years, why does the Fed think they're bad now?

    [6:25] The artificially low interest rates are encouraging bad investments

    [10:24] Who's going to get hit hardest in the next recession?

    [14:10] Targeted advertising is keeping us from seeing a large chunk of the world today

    [19:54] It's important to hold yourself accountable the same way you hold your tenants accountable when dealing with your investment properties

    [23:57] Your tenants are working 33-40% of their work life just to pay you

    Website:

    www.JasonHartman.com/Properties


    1188: Client Case Study: Tenant Retention, Lease Renewals, Single Family Cost Segregations & Noise Pollution with Drew Baker, Part 1 May 07, 2019
    Show notes

    Jason Hartman talks with client Drew Baker in part 1 of their interview about the new developments in Drew's journey in self-management. Drew gives Jason a rundown on how he deals with lease renewals, some of the repairs he's doing to his properties in order to retain his tenants, and what software he's using to keep track of it all. Jason also gives Drew a little bit of advice on how he may be able to accelerate his depreciation in a cost effective manner.

    Key Takeaways:

    [5:15] The one type of pollution that China doesn't have, that America has PLENTY of, is noise pollution

    [10:35] An update on Drew's self-management process

    [13:38] Cost segregation studies have become reasonably priced for single-family homes and could well be worth the cost

    [18:29] Drew tries to get his leases to come up for renewal in the warmer months, as well as signing a 2 year lease

    [22:00] Drew's approach to lease renewals

    Website:

    www.JasonHartman.com/Properties


    1187: China's Dangerous Fake Economy & May's Mortgage Update May 06, 2019
    Show notes

    Jason Hartman takes today's show to go over his thoughts on J. Kyle Bass's speech from the recent CPDC Conference about China. As the second largest economy in the world, China carries a lot of weight, claiming to have around 15% of the world's GDP. But a closer look at the numbers gives us a sense that it might not actually be true. There are dangers lurking in the China economy that could lead to some bad events.

    Then Adam talks with Graham, one of the mortgage lenders with the network, about what interest rates investors can be expecting this month.

    Key Takeaways:

    [3:13] China claims to have 15% of the world's GDP, but there's little to prove that's true

    [5:49] Jason used to listen to the doomsayers, but it's not going to happen with such a demand for dollars

    [9:47] Endowments don't invest in the greatest things, but it's not a problem that should be that difficult to solve

    [16:12] The dangers present in China in their banking sector

    [19:16] Hong Kong is the most expensive real estate in the world, at $10,000 per square foot

    Adam's Mortgage Update:

    [23:43] We're seeing investment mortgage rates in the low-mid 5s

    [27:05] What will happen if the Fed decides to cut rates this year?

    Website:

    www.JasonHartman.com/Properties

    J Kyle Bass's Speec at CPDC Conference


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