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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:
    1156 FBF: Real Estate Tax Advice for Income Property Investors with Mike Murphy "Master" CPA Mar 22, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 367, originally published in March 2014.

    Mike Murphy of the CPA firm Murphy, Murphy, & Murphy is one of the lauded experts invited to speak at the 2014 version of Meet the Masters of Income Property Investing back in January. The topic is one near, dear, and feared by property investors – real estate taxes.

    There's an old saying, "Nothing is certain but death and taxes." Taxes are a fact of life. Although the prospect of dealing with taxes is not especially appealing, Jason has been extolling the tax benefits associated with rental real estate for years. As America's most tax-favored asset, it can put money back in your pocket (or keep it from ever leaving in the first place) better than anything else.

    Mike delves into a topic that often confounds our best attempts to understand it. According to current U.S. tax laws, virtually any funds an investor directs toward maintaining or improving an investment property can be tax deductible. Some deductions can also apply to periods of vacancy – the so-called Passive Activity Loss Break – as well as non-cash write-offs for the simple depreciation of the structure itself, calculated over the period of almost three decades.

    An important point Murphy makes early is that an investment property is broken down into two components: land and the structures on the land. While the cost of the land itself isn't tax deductible, the structure is, which means the residential building you buy in order to rent out to a tenant. Tax breaks flow from the structure, and here are several you need to understand as an investor.

    Website:

    www.Murphy3.com


    1155: Not All ROI Created Equal & Show Me the Rental with Cliff Hayden Mar 21, 2019
    Show notes

    Jason Hartman does the show from the car on his way to Meet the Masters this weekend. Before he gets to his guest, however, he wants to share an old clip he put together several years ago that still has significant relevance discussing the principle of I.D.E.A.L.

    Then Jason talks with Cliff Hayden, creator of Show Me the Rental, about how he started his business, what his software does, and property management tips for real estate investors.

    Key Takeaways:

    [2:25] The I.D.E.A.L. principle

    Cliff Hayden Interview:

    [11:40] What frustrated Cliff enough to create Show Me the Rental

    [13:35] How Show Me the Rental works

    [17:34] Some sample questions Cliff's software might use

    [21:50] What platforms Show Me the Rental connects with

    [23:17] Cliff's property management tips

    Website:

    www.ShowMeTheRental.com


    1154: Mortgage Payment Factors & Inside Job, The 3rd Pillar & Fault Lines by IMF's Raghuram Rajan Mar 20, 2019
    Show notes

    Jason Hartman starts the show talking to in-house economist Thomas about the things that impact your mortgage payment when you first get your loan. Some of them are pretty obvious, but there are several things that stand out as uncommon.

    Then Jason talks with Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist and Director of Research at the International Monetary Fund (IMF), about how community has been weakened, which has allowed competitive markets and governments to get out of balance. They also discuss what jobs will remain after automation takes off even more, mortgage rates and whether we're headed toward inflation or deflation.

    Key Takeaways:

    [2:52] What sorts of things impact your mortgage payment when you first receive your loan

    [4:55] There are some new credit scoring models that are becoming more prominent

    [9:26] If interest rates start to climb too high, adjustable rate mortgages might start making a comeback

    Raghuram Rajan Interview:

    [13:45] What the IMF is and how it differs from the World Bank

    [18:40] Massive technological change tends to hit an area and hurt before the benefits kick in later

    [21:51] After automation comes and takes many of the jobs, there will still be jobs that involve human interaction

    [27:11] Is Raghuram seeing inflation, deflation, stagflation or what in the coming years?

    [29:54] Are mortgage interest rates artificially low?

    [34:38] There's good deflation and bad deflation

    Websites:

    www.JasonHartman.com/Masters

    The Third Pillar: How Markets and the State Leave the Community Behind

    Raghuram Rajan at Chicago Booth School of Business


    1153: Trouble at Amazon & REIanalyst Data with Ryan Minekime Mar 19, 2019
    Show notes

    Jason Hartman and Adam start off today's show discussing the way Amazon treats their employees and how they don't operate in a truly free market. There are some options to create a more even playing field, which many libertarians (which Jason considers himself one) don't like the sound of.

    Then Jason talks with Ryan Minekime, co-founder of REIanalyst, about how his tool allows investors to whittle down their list of potential properties quickly.

    Key Takeaways:

    [3:25] Too much financial "news" we get now is really just financial entertainment

    [11:44] Amazon has pushed everyone else out, making it hard to shop anywhere else

    Ryan Minekime Interview:

    [19:01] REIanalyst was born out of a need Ryan had to see more properties in less time

    [22:10] How Ryan's data is figured out when making assumptions on properties

    [24:53] Where REIanalyst gets their data

    [28:47] Information for investors is severely lacking

    Website:

    www.JasonHartman.com/Ask

    www.REIanalyst.com


    1152: Fleeing High Tax States & Client Case Study: Ira Boyd, 13 Properties & Counting Mar 18, 2019
    Show notes

    Jason Hartman and Adam start today's episode discussing how people who are fleeing high tax areas are getting audited by their original state to ensure that they have actually left. The ways they have to track you now are such that faking it will get you caught, and it's just not worth it. Make it a plan to leave and move to a no income tax state and do it!

    Then Jason talks with client Ira Boyd about his journey in real estate investing. Ira started off purchasing properties on his own, with some success but not as much as he'd hoped. After he found Jason's network, however, he's gotten in much better properties and is up to 12 investment properties and his personal residence. Ira discusses how live events aided his journey, where he sees his future in real estate investing, and what areas he thinks he needs to work on.

    Key Takeaways:

    [6:49] States creating an economic Berlin Wall

    Ira Boyd Client Case Study:

    [16:28] It's almost better not to see the property, because then you're buying based on intellect and not emotion

    [19:46] Meet the Masters gave Ira the traction he needed to start investing through Jason's network

    [22:57] Ira can't stress enough how much you need to go to an event and how helpful it will be

    [27:24] Ira's plan for his portfolio

    [31:20] Ira's policy on rent increases needs work

    Website:

    www.JasonHartman.com/Masters

    www.JasonHartman.com/Properties

    Book Your Time to Do a Client Case Study!


    1150: George Gilder's New Economic Theory & Short Cuts To Happiness & Happier by Tal Ben-Shahar of Happiness Studies Academy Mar 14, 2019
    Show notes

    Jason Hartman begins today's show with some updates about next weekends Meet the Masters event. He also has another update from keynote speaker George Gilder, who explains a little about the new economic theory he's been contemplating and how he'll present it at Meet the Masters.

    Then Jason talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them.

    Key Takeaways:

    [3:32] George's new theory that's based on Information Theory

    Tal Ben-Shahar Interview:

    [11:30] How do you rate a country's happiness?

    [13:57] There's only one thing that predicts happiness levels on a national level

    [18:16] The hazards of social media on happiness

    [20:18] Lessons learned from Tal's barber

    [25:48] How to praise people properly to encourage growth

    [28:37] If you don't teach people to face reality then you're setting them up for failure

    [32:01] The first step toward happiness is, surprisingly, allowing in unhappiness

    Website:

    www.JasonHartman.com/Masters

    www.TalBenShahar.com


    1149: Mortgages as Bonds & Peak Trump, The Undrainable Swamp & the Fantasy of MAGA with Blackstone co-founder David Stockman Mar 13, 2019
    Show notes

    Jason Hartman and Adam tackle a potential sign that we're entering more financial risk as mortgages that aren't backed by the government are being bundled together and sold as bonds in the marketplace. It's not being done on a grand scale YET, but it's a practice that's growing quickly and steadily. Remember, this is part of what caused the Great Recession, so it's something worth watching.

    Then Jason talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan's failure to curtail spending like he'd originally wanted, the difficulty Trump is having actually "draining the swamp", the impact of increasing debt on inflation and whether it's sustainable.

    Key Takeaways:

    [2:55] Non Fannie & Freddie backed loans are being packaged and sold as bonds once again

    [8:49] Meet the Masters is going to feature new topics such as home inspections and a presentation by a client about self-management

    David Stockman Interview:

    [13:55] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded

    [17:36] Trump's problem was that he recognized the economy was failing but didn't have a program to address it

    [22:41] Does our escalating deficit mean inflation is on the horizon?

    [27:02] Is our private debt really that bad?

    [30:47] How investors should position themselves for the next few years

    [33:35] We've learned in the last decade that Central Banks can't cause inflation on a worldwide basis

    Website:

    Peak Trump: The Undrainable Swamp and the Fantasy of MAGA

    www.DavidStockmanContraCorner.com


    1148: 2,000 Books & Time Value of Money with Jason Franciosa Mar 12, 2019
    Show notes

    Jason Hartman begins today's show with one of the speakers for Meet the Masters that's coming up in less than 2 weeks, Mani Vaya. Mani is the host of the 2,000 Book Podcast, and the two discuss how you can read (or listen) to a book quickly and still retain the information you're seeing (or hearing).

    Then Jason talks with Jason Franciosa, CEO & co-founder of Element 26, about the time value of money. Both Jason's are concerned about inflation, and the two look at ways you can maintain your leverage so your returns can beat inflation, as well as how you can utilize your home loans to house hack (especially if you're in the military).

    Key Takeaways:

    [5:21] Mani will be presenting at this year's Meet the Masters

    [7:51] Mani is going to cover how to actually read a book for maximum learning

    [10:45] How Mani is able to listen to the stories at 2-3x speed

    Jason Franciosa Interview:

    [20:00] Jason's 6 ways governments can get out of debt

    [22:32] The time value of money

    [27:11] You have to have a way to maintain the leverage you have

    [31:55] How you can utilize house hacking

    Website:

    www.JasonHartman.com/Masters

    www.Element26.co

    The 2,000 Book Podcast


    1147: Lyft IPO & Client Case Study Investing at Age 25, Overcoming Challenges & Self-Management, Lisa Tomita Mar 11, 2019
    Show notes

    Today's show begins with Jason Hartman and Adam discussing how investors are taking a big risk (and breaking Commandment #5 in the process) if they take part in buying the stock for a company that's never turned a profit.

    Then Jason welcomes Lisa Tomita, a client with 4 properties who has recently decided to self-manage two of her properties. Jason and Lisa discuss the ups and downs of investing and how self-managing has turned Lisa into a more empowered investor ready to deal with all the bumps along the way as she moves closer to her financial independence.

    Key Takeaways:

    [3:34] Lyft is going public, but it may not be a good idea to buy in to the company

    [7:57] If you're going to buy stocks, at least buy dividend stocks

    Lisa Tomita Client Case Study:

    [15:04] Lisa's tenant saved her $200 because of the relationship they've developed

    [19:53] Lisa recently quit her job so she could focus full time on real estate

    [23:58] Self-managing has made Lisa feel more empowered and learned

    [28:23] One of Lisa's deals that hasn't gone well broke 4 of Jason's 10 commandments

    [34:58] Income property is so durable it's like the self-healing asset

    Website:

    www.JasonHartman.com/Masters


    1146 FBF: Theory of Real Estate Relativity & Reverse Mortgages Mar 08, 2019
    Show notes

    Today's Flash Back Friday comes from Episode 364, originally published in March 2014.

    Join Jason Hartman as he discusses cash flow, real appreciation and geographic diversification as it applies to his, not Albert Einstein's, theory of real estate relativity. You'll hear a valuable comparison of a typical Santa Ana, California property with a Birmingham, Alabama and an Atlanta, Georgia property. How do they stack up? Jason will lead you through an in-depth look at rent-to-value ratios (RV Ratio), historical appreciation rates of linear and cyclical markets, as well as hybrid linear/cyclical markets. This comparison may surprise you in several ways. What's better A $455,000 house that rents for $2,500 per month to six people? Or several $52,000 houses that rent for $700 per month? The same concept can be applied to large multi family apartment complexes and across every geographic market or metropolitan statistical area (MSA).

    Next up, Jason talks to one of his lenders about reverse mortgages, a growing trend with broader implications on the real estate market and the economy as a whole.

    Website:

    www.JasonHartman.com/Masters


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