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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]

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

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    Latest Episodes:
    1186 FBF: Income Property Management, Tenant Self-Sufficiency & Tangible Assets with Scott Shellady, SVP of Derivatives for Trean Group May 03, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 363, originally published in February 2014.

    "The Cow Guy" Scott Shellady is the Senior Vice President of Derivatives at the Trean Group. He joins the show to discuss where people should start when investing in tangible assets.

    Shellady believes in SWAGER for investing, standing for Silver, Wine, Art, Gold, Energy and Real Estate. He thinks SWAGER investments are a good choice for current investors.

    The topic then shifts to how boomers can prepare for retirement. Shellady explains the most common mistakes baby boomers make with their finances and what they do if they were laid off or fired during the recession to protect their retirement.

    Website:

    www.TreanGroup.com

    www.Twitter.com/ScottTheCowGuy


    1185: Rising Middle Class Impact on Real Estate & Data Science for Real Estate with Anna Myers May 02, 2019
    Show notes

    Jason Hartman brings this episode to you from China, where he has seen the impact of the rising middle class. While it may seem to be a world away, the growth in construction in China is impacting the cost of construction here in the United States as well.

    Then Jason talks with Anna Myers, Vice President of Grocapitus, about how to analyze deals, specifically for multifamily. Anna's group is all about finding the right deals in the right market, and she talks with Jason about which markets are looking good and which are past their peak, along with why the demographics for real estate investors is still incredibly bullish.

    Key Takeaways:

    [3:28] The Chinese surveillance state is rampant and the country seems very wary of terrorism

    [7:04] The rising middle class in China has led to a large amount of higher end stores

    [10:31] All buildings are made from the same materials, so when there's a building boom in China it impacts builders everywhere

    Anna Myers Interview:

    [13:08] What is Anna's definition of "data driven real estate investing"?

    [18:23] How can you know when the supply of starts is going to meet the demand for jobs?

    [21:51] Things you need to be looking for at the neighborhood level of your market

    [27:36] Anna's team is looking at approximately 80 markets a quarter

    [31:28] What kind of properties does Anna have in her portfolio?

    [33:47] The stigma of renting is gone as Millennials and Baby Boomers are now renting

    Website:

    www.JasonHartman.com/Properties

    www.Grocapitus.com

    www.MultiFamilyU.com


    1184: Client Case Study: SFRs to Apartments with Greg Scott & Population Density's Impact on Real Estate Prices May 01, 2019
    Show notes

    Jason Hartman begins today's episode from the city of Shanghai, one of the largest (and densest) cities in the world. Since he's been in town he's started thinking about the importance of population density on real estate. It impacts everything from quality of life to desirability of businesses to the pricing of every unit.

    Then Jason talks with client Greg Scott about his journey from accidental landlord to an owner of multifamily properties. Greg and Jason examine why people don't know whether they're winning or losing, how Greg was able to continue investing through the Great Recession, and what sort of demographics are making being a landlord look better and better.

    Key Takeaways:

    [3:46] It's important not to overlook the importance of population density

    [6:27] One of the huge drivers of real estate prices is population density

    [11:10] Even after "graduating" to bigger deals, Jason believes the single family home is the best deal out there

    Greg Scott Interview:

    [14:46] Greg's journey to becoming an accidental landlord

    [18:23] People often don't know whether they're winning or losing

    [23:29] When you hear about the returns people get from real estate and want to do the same, you have to actually act on it

    [25:03] Greg's plan for his new multifamily facility

    [27:49] How worried was Greg when he was investing in property during the Great Recession?

    [31:55] Does Greg see the same thing about high rental demand as Jason does?

    Website:

    www.JasonHartman.com/Properties


    1183: Hong Kong Real Estate & Cultural Decay & Peak Prosperity, The Crash Course by Chris Martenson Apr 30, 2019
    Show notes

    From Hong Kong, China, which Jason calls the "Jewel of Capitalism", Jason Hartman delves into what he's seen about real estate and economics from his trip. If you think real estate in the US is expensive, you ain't seen nothin' yet.

    Then Jason talks with Chris Martenson, co-founder of PeakProsperity.com and co-author of Prosper: How to Prepare for the Future and Create a World Worth Inheriting, about how the era of abundant, cheap energy is gone and our world needs to change with it. That doesn't mean abandoning everything we have now, but just recognizing the actual situation and adjusting our investments/behavior accordingly. Chris and Jason also discuss the future, and whether we're going to see inflation, deflation, or a little bit of both.

    Key Takeaways:

    [3:06] Hong Kong real estate has prices per square foot that are unfathomable

    [7:35] There's always the real economy and the symbolic economy, and they're vastly different

    Chris Martenson Interview:

    [11:39] We're coming up to a time when humans are going to have to organize ourselves in very different ways

    [14:20] There are 2 ways humans change

    [19:32] It's getting costlier and costlier to get less and less oil out of the ground

    [22:08] The easy, cheap energy from the past is gone, which explains why the global growth rate for the last 15 years has been subpar

    [28:09] We're beginning to see that raising children in a dopamine heavy technological world is creating issues we hadn't expected when it began

    [33:02] We have a lot of debt in our society, so deflation is ready to take over

    Website:

    www.JasonHartman.com/Properties

    www.PeakProsperity.com


    1182: China, Looming Asset Shortage & Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar by Jorge Newbery Apr 29, 2019
    Show notes

    Jason Hartman brings you this episode from China with Venture Alliance Member Carmen. Jason describes how his visit to China is influencing his previously held thoughts about the country and how the looming asset shortage is a beautiful things for real estate investors.

    Then Jason talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices.

    Key Takeaways:

    [4:23] Jason got to visit the railroad station that was built to link North and South Korea in the future

    [7:54] 5 star in the US has nothing on 5 star in Asia

    [11:26] How Jason's visit to China has changed his views on the China economy

    [13:39] The looming asset shortage, and why it's good for real estate investors

    Jorge Newbery Interview:

    [18:57] Debt may seem simple, but it's a lot more nuanced that you'd first believe

    [20:42] If you can't afford your debts, the best thing you can do is to stop paying them

    [23:54] How Jorge got started paying off his $26 million debt

    [26:31] What kind of errors you should be looking for from your lendors

    [32:21] The elite have often used debt as a way to enslave the lower classes

    Website:

    www.DebtCleanse.com

    Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar


    1181 FBF: Will Newer Technologies Change the Real Estate Investment Game? Apr 26, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 662, originally published in April 2016.

    Jason takes a break from a Social Media conference to analyze stories from the USA Today's Money section. He shares the new tech items which will affect real estate pricing in the future, the underemployment issue in the US and the median wage of CEO's of major corporations.

    Key Takeaways:

    [4:24] Live video and Virtual Reality (VR) will impact real estate pricing by changing the value of the three cardinal rules of location, location, location.

    [9:26] A 5% unemployment rate in the US means everyone who wants a job has a job. The real problem is underemployment.

    [15:10] Some CEO's make $9000.00 an hour while minimum wage workers are looking for $15 an hour.

    [22:09] Does an early retirement equate to an early death sentence?

    Mentioned in This Episode:

    Jason Hartman

    Venture Alliance Mastermind


    1180: Housing Affordability & Think & Grow Rich: The Legacy by James Whittaker Apr 25, 2019
    Show notes

    Jason Hartman and Adam start off today's show talking about one of Jason's favorite things when it comes to real estate investing: the Housing Affordability Index. The two really look into how the index is created, what elements go into it, and look at how affordable some of the markets they're investing in are.

    Then Jason talks with James Whittaker, author of Think and Grow Rich: The Legacy and host of Win the Day with James Whittaker, about how Napoleon Hill's original Think and Grow Rich still applies in today's world. James and Jason look at how you can reprogram your brain and why his book still matters all these years later.

    Key Takeaways:

    [4:09] The formula for the Housing Affordability Index

    [8:43] Looking year over year you can see which direction a market's affordability is heading

    [11:18] How Financial Immaturity is helping investors

    [14:20] Housing affordability doesn't factor in a critical element

    James Whittaker Interview:

    [19:36] What's the big deal about Napoleon Hill's Think and Grow Rich?

    [22:55] The mastermind principle

    [28:33] Is everything from the original Think and Grow Rich still valid or do we have to modify it for today's world?

    [31:19] Opportunities will come, so you have to constantly be ready

    [35:06] Reprogramming your mind to conquer limiting beliefs and start living with intent

    Website:

    www.JasonHartman.com/VAM

    www.JamesWhitt.com


    1179: Good & Bad of Self-Management, Inflation Impact & Federal Reserve Board Nominations Apr 24, 2019
    Show notes

    Jason Hartman starts today's show with his in-house economist Thomas to discuss the new tax law and the impact it can have on people's tax brackets. They also dive in to why the government is interested in keeping the official inflation rate lower than actual inflation rates, as well as when it can really hurt the average citizen.

    Then we have a clip from the 2019 Meet the Masters of Income Property event where he discussed the good, the bad, and the ugly of self-management. Drew provides some insight into what's happened with the 8 properties he's self-managing right now, how he deals with issues that spring up (Amazon has been a life saver) and lessons learned about relationships with tenants.

    Website:

    www.JasonHartman.com/Properties


    1178: Landlord Friendly Markets, Tenant Retention & Self-Management App Bixby by Mark Smukler Apr 23, 2019
    Show notes

    Jason Hartman and Adam start the episode today discussing landlord friendly markets. Specifically, how you can determine whether you're investing in markets that are. Jason explains an easy (but not foolproof) way to figure out if a market is friendly to investors, as well as another way to find out the difficulties of evicting tenants in your potential market.

    Then Jason talks with Mark Smukler, co-founder and CEO at Bixby, about self-management. Mark explains how Bixby is designed to help self-managers and some of the best practices those who decide to self-manage can utilize. This includes how to handle maintenance requests, rent collections and keeping a healthy distance between yourself and your tenants.

    Key Takeaways:

    [3:49] How to find landlord friendly states

    [8:03] The most landlord friendly state in the country is Arkansas

    [10:47] Ask a few property managers to find out how eviction laws in the state/city work

    Mark Smukler Interview:

    [14:44] The two ways Mark sees Bixby working

    [18:15] How maintenance requests and rent collections work in Bixby

    [22:09] Bixby allows credit cards to pay rents, and credit card fees can be disputed. How does Bixby deal with that?

    [23:44] Some property management best practices

    Website:

    www.LiveBixby.co

    www.Twitter.com/LiveBixby

    www.JasonHartman.com/Properties


    1177: Self-Management, Pooled Assets, Need for Scaleability & Time-Wealthy Investor by Mark Dolfini Apr 22, 2019
    Show notes

    Jason Hartman and Adam start today's episode answering a listener's question about whether it's better to invest in a single-family home or to look at larger, pooled assets like a 16+ door multifamily. Jason reminds everyone about Commandment #3, which is especially critical in decisions like these.

    Then Jason talks with Mark Dolfini, Landlord Coach and author of The Time Wealthy-Investor, about best practices for self-managing your properties. Mark discusses the importance of treating your investments as a business and how to create a healthy distance between yourself and your tenants.

    Key Takeaways:

    [7:05] Single family homes tend to get better tenants, appreciate better, get better financing options and several other perks over multifamily

    [10:14] The risks of investing in pooled assets. Don't violate Commandment #3!

    [12:20] RV ratios for apartments will be higher because of shared walls, but don't let that be your determining factors between the 2.

    Mark Dolfini Interview:

    [14:53] You have to think of your real estate investments as a business

    [17:34] A simple tweak to keep from giving your cell phone number to your tenants

    [22:33] Whatever you're doing, it has to be scaleable

    [28:07] The software Mark likes to use

    Website:

    www.LandlordCoach.com

    www.NTNOnline.com

    www.IVAA.org

    www.CCMyAdmin.com


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