Creating Wealth Real Estate Investing With Jason Hartman

Jason Hartman opens up the episode with client Muthia as they discuss a recent issue Muthia had with a provider that led to him filing a complaint and actually reaching a (relatively) positive conclusion. For the off topic 10th episode, Jason talks with David Burkus, author of Friend of a Friend and Associate Professor of Leadership & Innovation at Oral Roberts University, about how to grow your network, develop key connections, the newest renaissance in business structure, new vacation policies, and more. Key Takeaways: Jason & Muthia Intro: [4:05] Muthia's journey with one of the LMS' in Jason's network [8:27] Paying taxes gets us the court system and regulatory agencies that allow you to file complaints against providers who take advantage of you [13:15] Your duty as a citizen is to DO SOMETHING when people wrong you and others [16:40] Join Jason in Philadelphia in May David Burkus Interview: [21:03] Is there a scientific method to networking? [24:16] The best thing to do if you're trying to reach

Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more. Key Takeaways: [4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors [8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK [10:45] Which states have benefited most from foreign money recently? [13:12] There is, no surprise, a housing shortage going on right now [17:32] 1984 is coming true, but not the way we all expected [21:02] Why big companies secretly want more regulation [25:41] Are there any signs of an economic letup? [29:37] The welfare state is getting reigned in a little bit [34:31] Households are dedicating 10% of after tax income

Today's Flash Back Friday comes from Episode 302, originally published in February 2013. Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question:  Why does government get bigger and bigger when we know it doesn’t work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs. In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn’t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of “rigidity and scarcity.” At the same time, it opens the door to corruption. Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond. As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better. Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang. Key Takeaways: [3:43] Rising rates are making the inventory shortage even worse [6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it [9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest [13:08] Memphis market profile [24:47] The IRS is coming after owners of bitcoin [29:21] Get ready for the Creating Wealth event in the Northeast Website: www.JasonHartman/Events www.JasonHartman.com

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey. Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China. Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions. Key Takeaways: [3:04] Sometimes you have to listen to fate [9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter Dana Dunford Interview: [16:28] Long distance self-management still needs a management company or real estate agent to provide a la c

Today's Flash Back Friday comes from Episode 176, originally published in July 2010. Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they’ve been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping. Steve's lates

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future. The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate. Key Takeaways: [2:10] You must, you must, you MUST (promise me you will) get a home inspection [4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible! [10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs [12:48] What kind of rates can you get today with 20% down? [16:02] Are people still taking out adjustable rate mo

Jason Hartman takes this episode to delve into some important happenings in the real estate world today. Some of Trump's recent moves have been bringing jobs back to the states, and companies are expected to bring money back, and it's creating good times for a lot of people. With that good time comes something every real estate investor can enjoy, rent inflation. BUT, when times are good it's important to be vigilant with your providers and make sure they're not getting lazy. Key Takeaways: [3:58] Jobs are coming back to America [7:27] Rent inflation is coming [12:46] As a real estate investor, it's critical that you remember who your customer really is (hint: it's the tenant) [16:05] In a booming economy, the big job as a real estate broker is the job of sorting people out [20:12] Sometimes the booms can make providers a little sloppy, so it's important to stay on top of property managers and the like Website: www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 111, originally published in October 2009. Would you like to escape the rat race? Famous "Rich Dad" author and speaker in the areas of personal finance, real estate and business, Robert Kiyosaki joins Jason Hartman for a discussion on success and passive income. Website: www.RichDad.com

Jason Hartman starts off the show discussing how home sales are strong, even if they're a lagging indicator, and where exactly they're really taking off. Then Jason talks with client Brandon Cook, a young member of the Venture Alliance Mastermind, about his journey investing in real estate. Brandon is currently the owner of 6 properties and is looking forward to more, and talks about breaking through the initial hurdle of investing. Key Takeaways: [2:33] Home sales are very strong, but remember they lag [4:57] A suprise in the hottest housing market category [11:41] Jason's latest book recommendation: The Effective Executive Brandon Cook Interview: [16:35] Brandon discovered Creating Wealth and started listening at Episode 48 [22:05] The first one is always the hardest [30:41] What has Brandon learned on his investment journey [33:20] Introducing the Jr Venture Alliance Mastermind membership! Website: www.VentureAllianceMastermind.com www.JasonHartman.com/Properties The Effective Executive https://www.amazon.

Jason Hartman starts today's show with a recap of the JHU Live event from this past weekend and a preview of a future event in the Northeast. Then, in his 10th episode interview, Jason talks with Benjamin Hardy, author of Willpower Doesn't Work: Discover the Hidden Keys to Success, about how to time hack, be much more productive, the difference between successful people and the unsuccessful, relative ease in 10Xing your business, not using your circumstance as an excuse, and more. Key Takeaways: [4:51] You can't separate politics from personal finance in today's world [9:05] There's now a Venture Alliance Jr membership level for those under 35 Benjamin Hardy Interview: [10:29] The premise of Slipstream Time Hacking [14:18] You can choose to think of time as away or as a distance [18:33] What would Ben's response be to someone who said his book was just "work harder and faster"? [20:37] 10X thinking is a lot easier than 2X thinking, and it works, just look at Ben's life [23:23] What can we do on a daily basis

Today's Flash Back Friday comes from Episode 647, originally published in March, 2016. Jason answers questions from his highly-intelligent listener base. Clients inquire about interest rates, the 5-year outlook of rental income real estate and using self-directed IRA money to invest in income properties. Jason shares his strategies and tools on how he formulates his predictions on the multi-dimensional asset class of real estate income property, why he doesn’t like using cap rates for residential property evaluations and accessing the Property Tracker software to project future values.  Key Takeaways: [2:00] Income property is the most historically proven asset class [5:45] Listener questions from the Salt Lake City JHU event [8:04] Predicting interest rates [9:38] Advantages to the suburban market in a linear market [12:22] Stress testing your portfolio [15:44] 3 dimensions of real estate - Values and rental incomes are counter-cyclical [16:53] Why is income property real estate investing so attractive? [19:

Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors. Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more. Key Takeaways: [3:23] The new tax plan and bonus depreciation [8:04] The massive change in deductions for major repairs Jim Puplava Interview: [13:54] Will the new tax plan expedite people and companies leaving high tax states? [18:42] Hidden taxes in states like California [19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout? [22:42] Jim's current inflation thoughts [26:12] How much longer can the US continue to kick the can down the road when it comes to the debt? [29:38] Why double inflation arbitrage

Jason Hartman starts up today's episode reminding people that if you want true wealth, don't spend your money on things that diminish it, spend it on investments. He also discusses the biggest fear investors have today, and the need for investors to align their interests with the big powers. Then Jason finishes up the webinar that was started in CW 966. In closing, he touches on why he loves housing over retail and commercial, the difference in types of inflation, and why he prefers single family homes over duplexes, triplexes and quadplexes. Key Takeaways: [2:34] Own the investments and don't buy the things that diminish your wealth [5:43] The biggest fear most investors have nowadays [9:33] Inflation fears are seeping through the market, and it means good news for real estate investors [13:37] Save yourself a lot of heartache and just align your interests with the greatest forces the world has ever seen Webinar: [20:10] You can outsource jobs and retail, but you can't outsource homes [22:15] The difference

Jason Hartman starts today's episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there's no such thing as a bulk discount in real estate. He also talks about what's going to cause upward pressure on rents. Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today. Key Takeaways: [2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3 [3:49] We're used to a discount when we buy things in bulk, but that doesn't work in real estate [7:30] We are bound to see significant upward pressure on rents Webinar: [10:28] Jason's back story in real estate investing [13:25] There are really 400 local real estate markets, not a US housing market [17:50] When Jason realized there were 3 different types of ma

Today's Flash Back Friday comes from Episode 18, originally published in June 2007. How prudent real estate investors BENEFIT from inflation in two big ways! Here is how to use leverage prudently to maximize returns and reduce risks. Website: www.JasonHartman.com/RadioShows

Jason Hartman kicks off today's episode with some big cryptocurrency news out of Venezuela and Poland this week that show both strength and weakness for the market, plus producer Adam interviews one of the Indianapolis Local Market Specialists about what makes Indy a good place to invest. Then Jason finishes up his interview with Jeff Cronrod. This time they focus on best practices for property management and how to properly (and legally) screen tenants. Key Takeaways: [2:07] There's better ethics involved in taking the long term approach [7:07] Poland's Central Bank paid YouTubers to slander cryptocurrencies [9:08] Venezuela's massive oil based cryptocurrency [10:21] Indianapolis Market Profile from a Local Market Specialist Jeff Cronrod Interview, Part 2: [20:02] Jeff's property management best practices, and proper tenant screening [24:18] What sort of reports are available for landlords? Website: www.JasonHartman.com/Properties www.JasonHartmanUniversity.com www.AAOA.com www.TenantAlert.com

There's a disease infecting millions of Americans, but few people are addressing it. That disease? The entitlement disease. Jason Hartman looks at the symptoms of the disease, and how a simple change in viewpoints can bring a person out of that spiral. Then Jason talks with Jeff Cronrod, founder of the American Apartment Owner Association & founder of Rent Recovery Service, about his new program called Lease Guarantee, and how landlords need to take a more aggressive approach toward tenants who don't pay. Key Takeaways: [4:39] The dangers of the entitlement disease [8:14] When you take all the advantages of real estate for a few years, it's hard to unwind [13:30] What happens when you view your life like you're the source [19:09] The simple key to success in business Jeff Cronrod Interview: [22:02] What is Lease Guarantee? [24:18] How much does the Lease Guarantee cost and what exactly does it cover? [28:32] The steps you have to go through when a tenant misses their rent payment [31:40] What judgement do

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice. Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management. Key Takeaways: Jason Intro: [2:46] The barbell that is crushing the supply of affordable homes [6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption [9:38] How bad is the inventory level? Pretty bad, and Jason ha

Today's Flash Back Friday comes from Episode 622, originally published in January 2016. This episode can be summed up by the popular saying “Everyone is a genius in a bull market”. Many financial hosts warn against taking on debt to build wealth. Jason clearly illustrates why we should be using fixed rate mortgage as a financing vehicle and outsourcing debt to tenants while enjoying the tax advantages. Naresh is not a real estate investor, yet. He has come up with some basic, but necessary questions for Jason which will help him and all of you budding, soon to be real estate income property investors out there. Jason reminds us “real estate is the most historically proven asset class” and carefully lays out his answers in easy to understand, common sense terms. Key Takeaways: Jason’s editorial: [2:35] Predicting market cycles would be easier if governments and central banks didn’t interfere [8:41] The business cycle is an economic concept which affects real estate [10:14] The Reluctant Investor’s Lament poem