Creating Wealth Real Estate Investing With Jason Hartman

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older. Key Takeaways: [2:41] Why Jason has long believed the idea of public unions is ridiculous [6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone [9:54] Mason's question on renting his primary residence [18:42] RV Ratios apply world wide [19:23] How is depreciation unwound? [24:58] Is it wise to put 100% down on a property if you have the cash? Website: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com AIPIS 207 -Prices, Rents, and Interest Rates

Jason Hartman spends the episode talking with Kerry Lutz, founder of the Financial Survival Network, as the two discuss the ever important issue of preparing for the NEXT recession (because we all know there's going to be one eventually). The two discuss the importance of using debt prudently, how the banks were active participants in the mortgage meltdown, how to find true asset prices, and more. Key Takeaways: [7:45] Planning for the next recession [13:06] We are in a boom economy, so what do we need to be reminded to watch out for? [16:59] Check your home insurance renewals carefully [24:13] Debt is your friend, and if managed properly it always offers options [28:24] The banks are active participants, not victims, in these mortgage meltdowns and recessions [34:21] If the lending dried up in any asset class the price would adjust to the real market value Websites: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com HS 267 - How to PROSPER! As the World Falls Apart with Chris Martenson

Today's Flash Back Friday comes from Episode 640, originally published in February 2016. Jason starts things off with his thoughts on cycles of opportunity, autonomous cars, and information about how you can win free tickets to the next JHU event. The JHU event will highlight how to evaluate properties for the most historically proven asset class in the world. And returning guest, Dan Millman who is the author of 17 books, talks about his new book “The Four Purposes of Life”. He shares his special life calculator which utilizes the numbers from your birth date to enlighten you about your life path. This information can help guide you on your journey. Key Takeaways: [4:32] The opportunity cycle when supply exceeds demand requires sorting [10:00] The autonomous cars will be virtually everywhere, it’s a game changer [14:45] The problem with statistics [18:57] Land contract options available [21:15] Evaluating properties at the next Jason Hartman University Live event  Dan Millman Guest Interview: [24:25] Writing

Jason Hartman has a solo episode today as he explores some recent news stories and examines a few items of the day. Venturing all over the topics, Jason mulls over why it's pretty common for the most popular economists to have the worst economic ideas (a la Karl Marx) and why the best economic ideas have the most disliked economists. Which leads to the question, what stupid ideas are we as a society embracing today? He also discusses the Supreme Court ruling that will somewhat level the field of retail as online retailers are now able to be taxed by the states, giving at least some form of a light at the end of the tunnel for retailers. Other topics of the day include the cost of terrorist protection, technology vs inflation, preventing identity theft, and the potential beginning of the demise of a massively overvalued (in Jason's mind) company. Key Takeaways: [4:54] The economists who present the best economic views are not the most popular [7:39] What totally stupid ideas are we embracing as a society today

Today's episode is all about jobs. Jobs that are vanishing to be precise. Jason Hartman takes a look at a Business Insider article that discusses 41 jobs that are disappearing in today's world. Not surprising, many of them involve middle men/women. Then Jason finishes his interview with Ben Way, CEO of Digits, about how technology (robots in particular) will be changing the way we think of things throughout our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back? Key Takeaways: [3:47] Real estate investing is really just investing in packaged commodities [8:31] One of the jobs that is going away is Executive Secretaries and Executive Admin Assistants, and why it matters to real estate investors [13:09] Technology makes it easy to disintermediate, leading to middle man jobs going away Ben Way, Part 2 [18:59] How do the logistics and hard drives of robots work? [22:10] The plethora of information is making kids more risk averse [25:

Today's Flash Back Friday comes from Episode 491, originally published in March 2015. Jason invites Diane Kennedy on the show to talk about taxes and how to save you money. Diane is an experienced CPA and helps her clients all over the world with their taxes, accounting, and investing. The main subject of today's focus is why you should get real estate professional status, the benefits it provides, and what you need to do in order to qualify.  Key Takeaways: 2:40 – The government takes a big cut whenever you sell stocks and precious metals, but that doesn't happen with income property 7:40 – Diane explains what the charitable remainder trust is 13:05 – There are three tests you need to qualify in order to get the real estate professional status 20:00 – What is the an aggregation election? Jason explains 29:50 – If you have a property manager, it's going to be hard for you to qualify. It is best in this case to self-manage your properties 34:15 – This stuff is complicated! Get advise from a good CPA and attorn

Jason Hartman starts off the show by discussing alligators, both real life ones and real estate ones, and how we need to avoid both. As we go through life, it's easy to look back and say "If only I'd invested then", so the current you should invest for the sake of future you. Then, Jason talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society. Key Takeaways: [2:07] A trivia fact about real alligators, and avoiding real estate alligators [5:07] The short term trends are what gets people, because you have to allow for 2-3 years [10:19] Naresh's realization that real estate was a worthy investment [14:11] Invest for your future because there will be a time that you will say "I wish I'd started b

Jason Hartman begins today talking about a recent article on Globe St that discussed the 7 ways Generation Z will impact the commercial real estate world. Jason also discusses how it also impacts residential real estate. Then Jason finishes his interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss the lack of home inventory and why the loosening of credit regulations isn't going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live. Key Takeaways: [3:58] Education is the shortest distance between poverty and wealth [6:56] Generation Z is going to bring the suburbs back [12:27] What the shift back to suburbs will do to companies Matthew Gardner Interview: [16:58] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory [20:09] Factors that could trigger the next business cycle recession and what the next

Today's Flash Back Friday comes from Episode 692, originally published in June 2016. This episode starts out with an introduction on buy downs and then finishes up with a live recording of Jason’s session on SWOT aka Strengths, Weaknesses, Opportunities, and Threats, as they apply to the most historically proven asset class in the world. Jason explains why the imperfection and fragmentation of the U.S. real estate market make it a beneficial investment vehicle and why it outperforms Wall Street and stocks every single time. Key Takeaways: [2:50] What is a buy down? [8:34] Looking at a real life example of points and how they affect your loan amount. [16:07] Should you buy a rate down or is it better to put more money down? [22:59] Why Wimpy from Popeye was a fantastic economic teacher. [25:38] Real estate is a fragmented investment class but this is why it’s a good thing. [38:59] Weaknesses of income property include property management and rent collection. [41:45] Regression to replacement cost is different

Jason Hartman starts off the show giving President Trump credit where credit is due, and that's in regards to the summit in Singapore with North Korea. Trump has been able to get them to the negotiating table, which no other US president has been able to accomplish. Then, Jason gives a little warning about one of the scariest companies in the world today, Facebook. In the interview portion today we have the first half of Jason's interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment. Part 2 of the interview will air tomorrow. Key Takeaways: [2:31] Give credit where it's due, Trump got the meeting with North Korea, that's historic [8:45] All the (scary) ways Facebook is gathering your data Matthew Gardner Interview: [13:42] What's Matthew's take on what's going on in the ma

In today's episode, Jason Hartman is joined once again by Financial Survival Network's Kerry Lutz. The two discuss some important news coming out of Washington these days, and that's the continued dismantling of the Dodd-Frank Act. As you know, Jason has long believed that the election of Trump would lead to this, and now it appears to be picking up steam as Obama holdovers are being replaced by Trump's people. Jason & Kerry also turn their attention to the importance of protecting yourself from identity theft, as identity theft recently left one woman in jail for 7 weeks until she could prove herself innocent. Key Takeaways: [4:45] Big data still gets confused [5:49] How can you protect yourself from identity threats? [9:03] Your phone is probably your biggest threat for identity theft [13:15] There are some things you HAVE to know if you're going to self-manage [15:57] The latest news on Dodd-Frank [20:42] Changes are taking place under Trump's new appointment Mulvaney [22:22] Why these changes are good

Today's Flash Back Friday comes from Episode 746, originally published in November 2016. This episode focuses on the opportunities which exist when self-managing an income property. First, Jason reviews a Business Insider article regarding dwindling investment property inventories. And later in the podcast, Jason is joined by Bill, who helps manage Fernando's Atlanta and Texas properties. Bill discusses the steps necessary when self-managing income properties.  He shares how to show a property using software tools, leasing a property to a new tenant and how to have tenants facilitate repairs and maintenance issues. Key Takeaways: [3:00] Unpacking the Business Insider Article: Pending Home Sales Jump Despite Painfully Tight Housing Market by Bob Bryan. [4:08] If you are on the fence about increasing your income property portfolio do it in hybrid markets.   [7:29] Real estate is a game of staying power. [18:00] The ways Jason is working to empower his investors and arm with them with exceptional management tool

Jason Hartman takes some time before this 10th episode interview to discuss the concept of the mini-family office and how you can incorporate VAs (virtual assistants) into the mix. Jason provides a litany of websites where you can find VAs, as well as an insight into what characteristics you need to be looking for. Then there's the monetary side of it: does it make financial sense to hire a VA to do this? Well, you can use the Hartman Property Management Metric to figure that out. Then Jason talks with Peter Shankman, author of Faster Than Normal: Turbocharge Your Focus, Productivity, and Success with the Secrets of the ADHD Brain, about how people with ADHD can use it to their advantage, what actions people need to take in order to be successful in their ventures, how to figure out what your audience wants, and when to ignore your audience. Key Takeaways: [4:32] Using VAs to help with your mini-family office [9:28] The type of VA you need to be looking for to help you with your family office [11:17] The Hart

Jason Hartman talks with Financial Survival Network's founder Kerry Lutz for the whole episode today, as the two discuss the very important concept of financial repression. While financial repression is bad for individuals, it can be very lucrative for people who have invested in real estate properly in their younger years. The two also discuss the current phenomenon of "tax refugees" being created by states like California, and where these refugees are fleeing too, as well as when they expect any economic pullback to happen and what Trump is doing that the mainstream media isn't paying attention to. Key Takeaways: [5:53] Make sure you get a home inspection and make sure you actually read it and learn the language [9:11] What is financial repression? [12:59] Financial repression is a great opportunity for those who invest in real estate [16:35] Tracking the "tax refugees" leaving California [23:06] What kind of economic outlooks has Kerry been hearing from the guests on the Financial Survival Network? [27:04]

Today's Flash Back Friday comes from Episode 734, originally published in October 2016. Jason’s guest, Brian is a client and a longtime Creating Wealth Podcast listener. Brian describes his early days of real estate investing when Sara initially walked him through the buying process. The properties he purchased in Atlanta and Memphis have now matured and Brian is faced with making a decision. Should he refi-til-ya-die or to do a 1031 exchange and get 2 for 1 on his highly appreciated properties. Jason shares his insights on best business practices, how to use an IRA as a tax savings vehicle and recommends some “must read” books on real estate investing. Key Takeaways:   [1:57] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast. [3:19] Brian was pleased with the support he received from Sara and the Local Market Specialists. [6:14] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties? [9:55] The 2

From the studios of the Financial Survival Network, Jason Hartman and Kerry Lutz get together for this episode to discuss the softening of Dodd-Frank, changes in protections for renters in some markets of the US that are making it harder for landlords, potential uses for Blockchain that could significantly impact the way people invest, and some key economic lessons you have to teach your children. Key Takeaways: [5:49] Jason went and got stretched today, and it was quite the experience [7:07] The FBI says you need to reboot your router ASAP [8:45] The counter intuitive concept that is slowing home sales in the US [11:58] If you can trade tokens instead of stocks the transaction fees can be sliced immensely [15:23] The biggest commitment in precious metals to blockchain [21:31] Jason & Kerry's thoughts on the changes to Dodd-Frank [25:58] The #1 thing you need to teach your kids about economics: money always goes where it's treated best [29:24] The Meet the Masters audio product is now available at Hartman

Jason Hartman starts off today's show on the heels of his weekend with the Venture Alliance Mastermind in New York. In the car with two attendees, Jason discusses why it's important to improve the level of conversation in your life and why this weekend was useful. Then Jason talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be. Key Takeaways: [4:25] Try to up-level your conversations [8:57] Come join Jason for a tropical vacation in November Kristin Tate Interview: [10:34] Are millenials just not paying attention to fiscal policies? [12:33] We are being taxed EVERYWHERE, even when we don't see it [15:43] Where some of your tax money is going probably isn't where you expect [20:42] The debauchery tax & unintended consequences [24:20] Awareness is step 1, what's step 2? [27:50] The smaller the municipality t

Today's Flash Back Friday comes from Episode 749, originally published in November 2016. Jason and guest Gary Pinkerton breakdown the article, 27 Charts That Will Change How You Think About the American Economy. Each chart represents changes in the US economy related to productivity, demographics or inflation. Highlights of the discussion include the possibility for people to work well past the current social security mandated retirement age, the lopsided amount of service jobs as compared to labor jobs and the real opportunity which exist for real estate investors based on the percentage of Americans with a sizable nest egg. Key Takeaways: [1:14] Phenomenal opportunities await real estate and income property investors. [5:15] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings. [9:46] Join us for the upcoming Venture Alliance Mastermind in Phoenix. Gary Pinkerton Guest Interview: [14:04] Gary was looking for a way to shift active income in

Jason Hartman starts off today's episode with a little talk on where interest rates may be headed (according to one economist) and how that would impact current real estate investors. Hint: it's a pretty good thing. He also has to throw in a qualifier to his "Amazing time to be alive" mantra, because there are a few things that aren't amazing right now. Then Jason finishes up his interview with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, as the two discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all. Key Takeaways: [4:12] A qualification to the beloved Jason mantra of "It's an amazing time to be alive" [7:18] Let Jason control the music and he cares not who controls the laws and the money [12:13] What Martin Armstrong thinks interes

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases. Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. Key Takeaways: [5:01] If your tenants are there too long it might be a sign your rent is too low [10:22] Some tips on long-term tenant retention [14:49] Evictions don't just stem from not paying rent John Tamny Interview: [19:57] How Uber made John realizing something about the Fed [23:40] The importance of the Fed is vastly overstated [2