Creating Wealth Real Estate Investing With Jason Hartman

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D’Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be?   The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract.   Key Takeaways: [2:12] Sara just closed on three properties in Memphis and she wears PJ’s to bed.    [6:16] Rate locks - Should you let it float or lock it in? [9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency. [13:53] Is the C

This episode introduces three Alabama markets, Huntsville, Montgomery & Birmingham. The information provided by a local market specialist in the area analyzes each market’s economic profile, existing and future investment opportunities and property characteristics. These carefully selected markets are providing adequate cash flow properties and sufficient yields in addition to possible appreciation due to the stable local economies.     Key Takeaways: [1:44] A lack of inventory in Huntsville, Montgomery & Birmingham delayed this episode for months. [3:07] Happy Belated World Smile Day! [10:29] An inspiring smile poem. [12:21] A brand new JasonHartman.com is coming soon to a browser near you.   Huntsville, Montgomery & Birmingham Market Profile with Eric: [15:04] Market are selected based on the amount of existing competition in the area. [16:23] Recent economic growth in Alabama makes it a suitable market for investors. [19:38] Huntsville, Alabama facts and trending economic factors.   [22:02] The

Many demographic changes are taking place, with the Baby Boomers, a large generation, retiring, and Generation Y, a larger generation than the Baby Boomers, consuming at record levels.  Join Jason Hartman and demographer, Ken Gronbach, as they discuss this upcoming “storm.” Ken describes Generation Y as an exciting generation, where the United States is the only country with this large of a group at the present time, and that it is very important that businesses recognize and anticipate their markets as Generation Y grows up. Generation X is more of a mystery generation because of its smaller size, which makes it less of a valuable market.  Ken believes that the United States’ best days are ahead as people bail out of the European Union. He also believes that China’s economic future is bleak due to artificial tampering with the population, with demographic numbers showing China in trouble economically within ten years, struggling to feed themselves within 15 years. Ken shows how the housing market is being he

As Americans spend beyond their means and abstain from adding to their savings accounts, the demand for rental properties is growing at a phenomenal rate. Jason describes how your past and future investments in income properties will pay dividends for many years to come. And in the market profile, the Macon, Georgia market is dissected and explored. This somewhat undiscovered market ranks #2 out of 20 for highest residential rental returns. We learn the average rental home price in the market, the typical rehab costs and which employers are persuading renters to stay in the area.   Key Takeaways: [3:09] Do not skip the Flashback Friday episodes of the Creating Wealth show. They are hand picked for you. [5:38] Macon, Georgia and other small markets can be good investments due to a limited inventory available.   [8:02] Americans are not saving money which makes it a phenomenal time to own rental property. [9:12] This is how inflation and deflation are directly related to the real estate market.      Macon, Geor

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: [1:31] The Wells Fargo contract claw back. [3:26] “Make Six Figures” Bloomberg article tells a scary tale from the content portal. Case Study with Brian: [8:27] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast. [9:49] Brian was pleased with the support he received from Sara and the Local Market Specialists. [12:44] Is refi-til-ya-die always the best option or does the 2 for 1 plan make bet

There’s a nostalgic feeling to today’s Creating Wealth Show as Jason Hartman provides a live recording from the 2014 Meet the Masters event in Orange County, California. This gives listeners a taste of what they can expect from the January 2015 event in Irvine, California, and also provides a good opportunity to see how far the financial and real estate worlds have come over the past months. Key topics covered include the Case-Shiller index, reassessing Rent-to-Value ratios and the development of bitcoin.   Key Takeaways 04.30 – Jason Hartman’s investment strategy doesn’t focus on appreciation – if it happens, it’s a bonus. 07.45 – Bitcoin and its competing alternative cyber currencies really came about because people are starting to doubt the fiat money Central Banking model that we’ve become accustomed to. 10.50 – Despite being the most commonly used index, Jason Hartman would only recommend 6 of the 20 markets proposed by the Case-Shiller index. 14.08 – As humans, we find it inherently difficult to know wh

Jason’s guest, Michael Thomsett has over 35-years as an Accountant and is an investor in the most tax-favored asset class in the U.S., income properties. Mr. Thomsett has written over 90 books. His book, The Landlord’s Financial Toolkit will soon be printed as a second edition and re-named The Real Estate Investor’s Financial Toolkit. During today’s episode, he shares ten principles of real estate evaluations and unpacks each principle, so even those with a limited understanding of income property investing can follow along.     Key Takeaways: [1:29] Segmenting the real estate market is rarely done properly. [3:28] Make it a goal to live in a no income tax state as a wealth creation strategy. [6:44] Information on the next Meet the Masters, Hartman Education Special Bundles and available properties. Michael Thomsett Guest Interview: [11:46] The 9/10 Principles of Real Estate Evaluation. [12:54] Defining the Principles of Progression and Regression.   [14:09] The Principle of Conformity is keeping the features

Drew, a long-time real estate investor, joins Jason for the introduction portion of today’s podcast to discuss the pitfalls of trying to time the market, bulletproofing your properties and the downside of over-diversification. This episode finishes with a recording of the self-management expert panel of Jason, Fernando and Oliver answering investor’s questions during the most recent Software and Buying Event. If you have questions about moving from a property management service to self-managing your own properties this Q&A session is a must listen. Income property investors get answers to their real-life concerns about self-managing properties.   Key Takeaways: [3:05] Drew sells commercial printer cartridges on amazon (shameless self-promotion) and invests in real estate. [6:02] Was it a wise choice to buy a property in San Jose, California in 1986? [9:57] Real estate can be a forced savings program for people who lack financial discipline. [12:20] Be sure to have enough money to bulletproof your properti

Today’s episode of the Creating Wealth Show deals with issues other than business and finance, but guest Lori Ann LaRocco of CNBC joins Jason Hartman to discuss her latest book, Opportunity Knocking: Lessons from Business Leaders. She talks about the pyramid notion of achieving leadership success both in your personal and business life and how important it is to know yourself before you can even hope to expand your potential for success.   Key Takeaways 01.53 – Stocks of the physical merchandise of the Meet the Masters and Creating Wealth Home Study Courses are still available but running low:www.JasonHartman.com/Products 03.24 – Successful leaders in any field all seem to follow a series of seven strategies, starting with something as simple as knowing yourself. 06.46 – Find others who inspire you and then form and follow your own aspirations. 10.33 – Take your idea and stick with it. Even if it’s not always popular, stick with what you know to be right. 16.54 – True passion is much more attractive to an emp

Jason, Fernando and Oliver make up today’s expert panel. They are discussing self-management options for your income properties. The experts agree, a great property management company is worth their weight in gold but it is also important to be educated about your self-management options. The panel shares information about companies who use technology to save you time and money through automating tedious tasks, best practices to improve home interiors without spending a fortune and what types of tenants are the best types of tenants to have.   Key Takeaways: [3:40] Jason and Fernando discuss the flooring options available at an income property expo in Mesa, Arizona. [9:19] Kwikset Kevo bluetooth locks make it easier for self-management of income properties. [16:57] Jason recommends adding a little color to the interior walls of your income properties. Self-Management Panel: [20:33] Is self-management easier than having a property manager? [23:27] The road to self-management and maintaining a good relationship

Jason’s guest today, Dave, is a member of a real estate investor Mastermind group. During the last meeting, there was a consensus that two major problems exist with the rehabilitation of properties. Dave shares the two issues and some of the solutions discussed during the Mastermind meeting and feedback from his experience over the last year. Jason recognizes the property supply chain is currently going through a boom cycle. The disparagement between the property supply and demand makes it challenging for local market specialists, real estate investors and for tenants. Key Takeaways: [1:20] Real estate investors are seeing spikes in remodeling costs and having difficulty finding good project leaders. [6:44] The challenges of the local market specialists, the real estate investors and tenants are due to a boom cycle. [13:10] In the last year, a General Contractor has seen a 30% increase in materials. [17:34] Increased material costs and missed time frames both reduce profit for real estate investors. [21:20] S

Catherine McBreen is the President of Millionaire Corner and the author of “Get Rich, Stay Rich, Pass it On: The Wealth-Accumulation Secrets of America’s Richest Families”. The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks have had on this run-up. She recently released a service called “Find an Advisor,” and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors. McBreen finally talks about the effect money has on happiness and marriage relations.   Visit Millionaire Corner at www.millionairecorner.com.

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions.   Key Takeaways: [1:21] Financial institutions and central banks are the most powerful entities the human race has ever known and we should align our interests with them. [6:50] Using the leverage of your 20% down on a property increases your power by 500%. [8:35] The Newser Wells Fargo article: Details about the 185 million doll

Today’s episode focuses on our amazing digital future. Jason’s guest Professor Mark Skilton is a Professor of Practice and Information Systems at Warwick Business School. He is the  author of Building the Digital Enterprise: The Guide to Constructing Monetization Models Using Digital Technologies and other books and papers relating to digital ecosystems and architectures. He shares his expert opinion on the positive side of automation and digitization in future business models and how the real focus will be on expanding the customer experience through additional opportunities for engagement.   Key Takeaways: [1:13] Managing our language helps us to ‘relax” after dual live events. [8:05] Self-management and managing property managers resources from the Phoenix event.   Professor Mark Skilton Guest Interview: [10:13] A broad shift in automation and changing productivity will affect the entire dynamic of a marketplace.   [15:54] The key difference is living in digitization is creating more value in an existing s

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman talks about America’s growing role in this changing society, and makes particular note of the ever-increasing contributions of Generation Y. Later, he invites Consuelo Mack of WealthTrack on to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.   Takeaways 04.35 – It’s looking more likely that technology will save the world, and that America will be the developer of that technology. 07.50 – If you’ve registered to attend the Creating Wealth Seminar, Today’s Economy Boot Camp and/or the Birmingham Property Tour, be sure to make your flight reservations as early as possible. 10.20 – If the New World Order really is the Old World Order, it means huge implications for America. 14.27 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of

Jason kicks off this episode with information about a major polluter in neighborhoods across the US and requests listener help in fighting the problem. And, today’s guest is a local market specialist in the Quad Cities area. The Quad Cities are located on the border of Illinois and Iowa, the midwest location affords a steady cash flow with a nominal initial cost for income property investors. The job market in the area is steady due to a major agricultural equipment supplier and a Federal arsenal supplying blue-collar incomes to thousands of families and the competitive climate of the private local banks allow investors to possess extensive property portfolios. Key Takeaways: [3:06] Be an activist listener and take a stand in your neighborhood by stopping the leaf blowers! [8:09] The Quad Cities reside on the border of Iowa and Illinois.   [9:35] Steady cash flow and a rigorous tenant screening program are a plus for investors. [14:01] Mobility and financial immaturity are probable reasons for long term renti

Today’s guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin’.   Key Takeaways: Harry Dent Guest Interview: [5:07] Something for nothing is an unattainable goal. You can’t just print free money! [6:10] Why doesn’t the US have significant inflation with the exorbitant amount of money creation? [7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP! [11:02

Joel Skousen is a survivalist author and retreat consultant. He’s the author of, “Strategic Relocation–North American Guide to Safe Places.” Skousen discusses how our world becoming less stable because of a coming shortage in commodities. He then gives the best and easiest places to relocate to and how people can relocate if they have work or family ties. Last March, Joel walked away with just slight injuries from the crash of his Glasair kit plane. He shares that experience. Key Takeaways: (4:36) Introducing Joel Skousen (7:17) On the derivatives markets (12:32) The mechanism of hyperinflation (21:02) Predictions for the economic future (37:49) On the fake collapse of the Soviet Union (42:49) Closing comments Links Find out more about Joel Skousen at www.joelskousen.com. Also visit: www.worldaffairsbrief.com  

During the introduction Jason breaks down the components of inflation, stagnation and deflation. He refers to a Business Insider article to demonstrate how the devaluing of the dollar is bad news for US global trading partners.   Human Behavior coach, Beverly Flaxington is Jason’s guest expert. She introduces her SHIFT Model from her best-selling Make Your Shift: The Five Most Powerful Moves You Can Make to Get Where YOU Want to Go and defines each of the five key step in the process. Beverly is the co-founder at The Collaborative, a practice management and business consulting firm, which helps corporate clients to add value to their business and to increase productivity in their employees.      Key Takeaways: [2:00] Delayed gratification is a key to success in life and in real estate investing. [4:56] A Business Insider article tackles inflation, 7 Things You Could Buy For $1 in 1950.     Beverly Flaxington Guest Interview: [16:01] Beverly’s professional journey of bridging the gap between her financial care

In the first half of today’s episode Jason debunks Peter Schiff’s theory on China’s Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today’s guest, David Merrill of Nationwide Eviction Services shares the benefits of his company’s software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company’s comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property’s zip code. Key Takeaways: [1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service. [4:51] Debunking Peter Schiff's The Great Decoupling Theory. [9:34] A few points about the Business Insider article which addresses China’s middle class. [18:00] Global trade is good but the current US complex trade agreements are not good.   [20:16] The 3 basic economic scenarios are inflation, deflation and