Creating Wealth Real Estate Investing With Jason Hartman

Jeff, a client, has questions regarding recent investments in Chicago. Research has led him to question local school rankings, foreclosures and exit rates of the area. A Chicago local market specialist addresses all three items and adds some facts and figures regarding this world class city, such as 42% of the people in Chicago are renters. Plus, the young mobile class will be attracted to Chicago for its affordable living and international recognition.    Getting 30% off of JHU Live is as easy as sending us a screenshot of your review on iTunes.  And don’t forget to sign up for next Venture Alliance in Newport Rhode Island during September to see mansions and fall foliage.    Key Takeaways: [2:14] Absorption rates - understanding the statistics [4:35] Comparing La Hoya, CA to the Chicago, IL housing market in cost per square foot [7:09] Invest in assembled commodities they are far less volatile  [9:50] The median sales price and the median list price are telling numbers about the area  [11:59] Chicago averag

Land contracts are something that a lot of investors have heard of, but maybe don’t fully understand. Jason Hartman invites a Meet the Masters speaker, to join him on the Creating Wealth Show to discuss what land contracts are, how they differ from traditional landlord operating processes and even goes in to what to do if it all goes wrong. He’ll be speaking more in-depth at the Meet the Masters event in January, but here’s a taste of what you can expect.   Key Takeaways 06.10 – Guest provides his personal experience and how he started to get involved with land contracts. 09.50 – Land contracts are there to help out those who can’t buy through conventional financing processes. 14.25 – Because of the distinction between owner and deed holder, tenants with land contracts usually have a different mindset which is far more preferable for landlords. 18.25 – Negotiations are currently happening in an attempt to get around an 85% discount on land contracts. 22.05 – There’s always a risk. Here it is: ‘What if the per

2016 presidential candidate Mark Everson has qualifications in both private and government sectors. He believes the U.S. needs a leader with experience in both. His policies, he believes, closely match the desires of the American public and he promises to uphold the constitution and restore the pride we once had for our nation. He is asking listeners to engage with him on his website. Early on, Jason and Naresh discuss markets affected by fracking and why rental properties may not be a good idea right now. JHU Live is now at early bird level #2 now so get your spot reserved today and will you join Jason in Dubai?    Key Takeaways:   Jason’s Editorial: [2:45] Naresh reflects on Porter Stansberry’s podcast [5:40] Baltimore is a dilapidated city with high crime [8:41] Give us your feedback on our new search engine at Jasonhartman.com [10:30] Pittsburgh and Buffalo just don’t have many good real estate investment options [11:20] Utopia in the shale oil boom areas and Obama’s 3rd term  [13:42] Newport Rhode Island

Jeff, an existing client, is researching buying multiple properties at once in the Chicago area. After much debate about the advantages and disadvantages Jason gives a thumbs up in support of the venture. Because it’s true that buying multiple properties at once will save investors time and paperwork. Affordable maintenance costs, low vacancy rates and cost of living make Chicago the least expensive world class city in the U.S. And don’t miss next Wednesday when Jason interviews another presidential candidate and tells you more about JHU Live, a real estate investment workshop in sunny San Diego, California.    Key Takeaways: [1:40] Look forward to Wednesday for an interview with a presidential candidate [2:46] The next Venture Alliance trip will be in Newport Rhode Island & Martha’s Vineyard [5:53] JHU - Live in San Diego - Meet the Masters [7:28] Land Contract experts will be at Jason Hartman University Live [8:42] Write a review on iTunes and send a copy to reviews@jasonhartman.com and get 30% off    J

Orginally aired as CW 117 “For far too long, too many people have regarded home ownership as ‘a good thing.’ It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks.” This statement by Creating Wealth Show guest, American economist Thomas Sowell has been regretfully muttered by many homeowners in various forms over the past two years. Sowell is currently a senior fellow with The Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Known for his economically laissez-faire perspective style while writing, Sowell’s latest book, The Housing Boom and Bust, shows how Democrats and Republicans ruined both the housing and financial markets. Tune in as your host, Jason Hartman and Thomas Sowell discuss how “the current economic crisis grew out of po

Throughout history the human race has not changed much even with all the extreme technology in our lives today. There is a chance of robot labor causing mass unemployment but it’s not likely. Entrepreneurs by nature are persistent, durable and pig headed which leads to innovative and determination. For the United States to continue its great heritage we need more experimentation in education, to make use of all of North American assets and to follow the 6 key steps to building great companies a belief of Gary Hoover.     Key Takeaways: Jason’s Editorial:  [2:36] Memories of Monopoly, past and recent  [6:56] Memories of Facebook, during the recession [8:54] Cash flow in a RV ratio  [10:20] The San Diego event - JHU Live    Gary Hoover interview: [11:28] The addiction of collecting memorabilia [12:50] Becoming efficient in learning is harder with digital books [14:52] The table of contents contains the key points [18:28] Thick books sell but e-books are the future [21:54] Many reference books are 300-1500 pages

Dr. Vitale believes when you learn to get clean with money and stop self sabotaging your financial future you will start to attract more money to you. You must first get through the filters that are your beliefs and see what is really possible to know you are deserving of living a wealthy life. When you want something and have the means to obtain it you should buy it to reinforce an unconscious belief of worthiness. And, always give back a portion of your good fortune to create a bond of trust in the universe.     Key Takeaways: Jason’s Editorial: [2:01] Indicators for an available single family property in Chicago area  [5:32] What is a DCR? [8:45] Sign up for JHU - Live in San Diego August 29th & 30th [9:25] An iTunes review gets you 30% off!    Dr. Joe Vitale Interview: [12:54] Dr. Vitale has been working on this lately [15:33] The lifestyle of the rich and famous is better than poverty [16:00] The 2 reasons you don’t let money into your life [17:03] Get clean with money, money isn’t evil money is neut

Orginally aired as CW 141 During turbulent economic times, people can become their own worst enemy.  The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom. Learn from the mistakes of others rather than “the school of hard knocks.” Tune in to this episode of The Creating Wealth Show as Jason reveals 30 fatal mistakes you must avoid in order to achieve financial independence and investing success. Upcoming shows will feature: Bradford B. Smart, author of Topgrading for Sales: World-Class Methods to Interview, Hire, and Coach Top Sales Representatives and Lisa Bromma, author of Wise Women Invest In Real Estate.

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit battered in Jason’s property tour review episode and called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states.    Key Takeaways:   Jason’s Editorial: [1:22] Great upcoming episodes [3:16] Scott McManus warns about using Self Directed IRA’s for real estate [5:00] Thorough background checks  [5:52] Mitigating your risks by choosing a larger investment organization [6:48] An LLC entity inside of an IRA [9:05] The big event in Mission Valley San Diego    Greg Scott Interview: [12:12] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener [15:27] All real estate is local  [17:51] The 11th wealthiest city in the U.S. is in Detroit [20:26] Trends in the D

Vladimir Putin’s rise to the top is a Shakespearean drama. Putin the President was created by a group of wealthy businessmen to replace Boris Yeltsin. While believing they found a man who aligned with their own desires to keep the money at the top, Putin had different ideas. He successfully brought down elite families who disagreed with his politics. Russians embraced the leader and made him one of most popular Russian presidents of all time. Ben Mezrich shares his journey of writing his latest book, soon to be movie, Once Upon a Time in Russia.     Key Takeaways:    Jason’s Editorial: [1:24] JHU live - Jason Hartman University Live  [2:44] In beautiful Mission Valley San Diego on August 29th  [4:18] In depth training on building your own portfolio [6:01] You’ll get an official property acquisition checklist  [7:00] Learn property portfolio planning  [8:07] Early bird pricing until August 1st [10:05] Leave a review on iTunes and you get 30% discount on JHU [10:58] Inflation induced debt destruction   Ben Mezr

Join Jason Hartman and Investor Watchdog, Jack Waymire, for a discussion concerning the ethics of the financial services industry. According to Jack, the frequent lack of integrity undermines the achievement of investors’ financial goals. Companies do not do what is best for you. They are very good at hiding information that they do not want their investors to know. Investor Watchdog investigates these companies and products, acting as a go-between for investors and advisers, answering frequently asked questions, such as, “How do I know I’m getting the right financial advice?” Jack shares examples of deceptive practices by various companies and how the executives that run the companies, i.e. Goldman Sachs, are insulated from accountability simply by paying fines rather than serving jail time for unethical and illegal practices.  Jason and Jack touch on the subject of the Madoff Ponzi Scheme, where Jack talks about some of the evidence that was found, as a glaring example of unethical sales pitches and conman

This is a must listen to episode for investors. Guest Harry Dent has written over 7 books on using demographics to predict economic outcomes. He and Jason discuss the inevitable Chinese market crash, the deflation that is headed our way and the massive amounts of debt in the private and public sectors. For real estate buyers, it appears that the everyday house is the best place to invest right now and in the next 3 to 4 years we just might see the lowest interest rates on mortgage loans of this lifetime. Harry warns that the bigger the bubble the bigger the burst and predicts we will see the Dow drop below 6000 in the coming years and fracking bonds will be crucified.    Key Takeaways:    Jason’s Editorial: [2:06] Daniel wants to know about a sole proprietorship [3:48] There is no asset protection sole proprietorship  [4:37] An LLC could be a self management company   [6:15] Self managed properties  [8:08] The power of the Venture Alliance Mastermind [9:34] Jason’s next event - Sept/Oct [11:28] The cost of co

Being stranded at the airport waiting for a flight is never fun but Jason and Fernando make the best of it by recording their observations of the investment property tour of Chicago and Grand Rapids. Overall, Chicago looks promising with strong providers and good properties. Grand Rapids was charming and offered many financing choices for current and future investors. A quick stop was made to Detroit to get feel for the area and look for opportunities that may be hiding there. The extra stop proved to be a disappointment based on the city’s state of disrepair and mass exodus of previous inhabitants.    Key Takeaways: [3:09] A Mastermind meeting on Monday & Tuesday [3:42] A semi-private property tour [4:09] Met local market specialists and in-house lending department [6:32] The tenant turnover rate in an apartment in Chicago [7:21] Tenant turnover rate in a single family home is much longer [8:10] Virtual apartment investments [9:00] Refinance discussion on a future episode  [10:06] Land contracts in Grand

Originally aired as CW 252 Despite popular belief, China is no longer a cheap place to do business with labor costs and real estate costs soaring. Join Jason Hartman as he interviews Shaun Rein, author of The End of Cheap China and Managing Director of China Market Research Group in Shanghai, about debunking common myths, such as China is stealing U.S. jobs. Many companies have begun doing business in China, due to what Shaun refers to as “capitalism on steroids.” Labor costs have increased in China to the tune of around 20 percent, and the government is trying to increase wages yearly over the next five years. Another factor affecting manufacturing costs over time is that fewer of the younger generation wants to be employed in manufacturing jobs, wanting to realize their white class dreams. China is also pushing middle class development to offset the manufacturing issue. Shaun Rein is the Managing Director of CMR, the world’s leading strategic market intelligence firm. He is one of the world’s recognized tho

The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason’s guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee’s to help you make an educated decisions about your investment future. You’ll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know.    Key Takeaways:   Jason’s Editorial: [2:02] Self directed IRA investing [4:19] Nathan asks about out of state rental properties  [5:19] Have at least 4% of the properties value in the bank as an emergency fund [7:22] Steve asks about Jason’s foundation [9:12] Steve also asks about credit history and bankruptcy [12:06] Asset based financing; a hard money loan   Edwin Kelly Interview: [14:29] Would Donald Trump be a good president? [16:04] Invitation f

Massive shifts in the world economy are coming and may be as soon as 2020. The United States has the unique opportunity to take charge of the change through technological breakthroughs that will lead us down the utopian path. In addition, the U.S. is still the best country in which to make real estate investments. But if you do it be wise about it. Private investments are one of the safest vehicles to create your wealth. Be wary of group investment funds which put the control of the funds in someone else’s hands. Jason cautions his listeners against this type of investing. Before signing any deal read every word of the paperwork.    Key Takeaways:   Jason’s Editorial [1:13] Oregon has no sales tax! A great place for retail therapy.  [1:58] People make uneducated decisions [3:59] The Venture Alliance for investors [4:59] The group choice is not a good choice [6:18] Partnerships with people you know and trust  [8:15] The World Domination Summit is an example of the inefficiencies of conferences [10:25] Unemploy

As is customary on every 10th episode, Jason Hartman, your host, takes on a non-financial topic as he talks with Dr. Geoffrey Simmons, a physician who is Board-certified in Internal Medicine and Disaster Medicine. He has a B.S. in Zoology and has completed the course work for a Masters degree in Microbiology. As a Fellow with the Discovery Institute Center for Science and Culture, he has studied the theory of evolution for over forty years. For thirty of those years he was an ardent supporter of Darwinian ideas. Now, however, the data supporting this theory scientifically untenable. As of this date, his seventh book, What Darwin Didn’t Know, is in its sixth printing and his eighth book, Billions of Missing Links, is in its second printing. Both books show how the incredible complexity of the human body and all other living beings cannot have come about through evolution. Some reviews: “A well-researched and open-minded analyses.” — Stephen Meyer, PhD, Dir. of the Center for Science and Culture, Discovery Inst

It’s unclear exactly why Memphis is a rental property owners dream investment city but it is. Vacancy rates are consistently 5% or less year over year. Even when people are qualified to purchase a property they insist on renting. Add to that the dynamic nature of this culture filled town and major distribution companies who do business there and you get a perfect bluesy mix of properties and opportunities for your next investment.    Key Takeaways:   Jason’s Editorial: [1:42] Chicago property tour 7/15 -7/17 [2:58] 3 cities now that Detroit is confirmed [4:12] Voicemail from Roger about managing your property managers [6:10] An entire episode on managing your manager coming [6:40] Search Jasonhartman.com with the keyword property manager [8:00] CNBC video - Rents rising and supply is constrained [9:59] Let’s get in the game and take action   Ryan from Memphis: [11:57] Invest in Memphis - it’s great for rental properties [13:10] Is Memphis saturated with investors? [13:48] Why you should love Memphis as a rent

A good business is one that cannot be outsourced and people will always need a place to live. This is why Jason focuses on income properties when recommending creative wealth strategies for you. He keeps abreast of interest rates, taxes and credit based assets so he can help you achieve the financial future you deserve. Jason’s guest Mark Kohler CPA  just completed his third book and offers 28 tips for tax planning and asset protection. He talks about S corps, LLC’s and Obamacare. He wants everyone to have an exit plan for their life through a versatile revocable living trust because as much as you may not want to admit it we are all mortal.    Key Takeaways:   Jason’s Editorial: [1:25] Teaching a great real estate course [2:26] Monetary and fiscal policy definitions [3:42] Real estate and income property differences [4:29] The easiest type of real estate to own is a parking lot [6:00] Real estate in the average U.S. city is 40% parking [7:32] Financial Independence Day Counseling [7:54] Chicago and Grand Rap

Join Jason Hartman as he talks with guest, Steve H. Murdock, former Census Bureau Director and current Professor of Sociology at Rice University in Texas, about the demographic shift taking place in the U.S. today .  The face of Texas has been shifting dramatically, not just from immigration, but in-migration and natural increase.  Steve argues that the Texas of today is the U.S. of tomorrow.  Steve and Jason discuss the changes in population, as well as the factors influencing these changes, and the potential effect of this current demographic shift throughout our country. Steve H. Murdock is the Allyn R. and Gladys M. Cline Professor of Sociology at Rice University. He previously served as Director of the U.S. Bureau of the Census having been nominated for the position by President Bush and unanimously confirmed by the U.S. Senate in 2007 and serving until the change in administration in January of 2009. Prior to his appointment at Rice, he was the Lutcher Brown Distinguished Chair in Demography and Organiz