Creating Wealth Real Estate Investing With Jason Hartman

The debt crisis in Greece is proof that Socialism doesn’t work. Can you imagine camping out in front of an ATM only to be turned away? We need to be responsible. Socialism has never worked. Investing in long term, stable rental properties is the proper way to create and grow wealth. Make a decision on a material fact with us. Should the family have been notified about a stalker before they bought a house? And we go way back to the 1970’s when Jimmy Carter warned that the world’s oil was almost gone and the U.S. should invest in new technologies. Is the oil gone and do new energy sources have environmental sins of their own?   Key Takeaways:    Jason’s Editorial: [1:33] Thanks Mandy M. for the feedback! It’s appreciated.  [2:19] Tell the world what you think and give us a review on iTunes [2:43] The epic Socialist disaster - Greece [4:14] You can’t use Scandinavia as an example of Socialism working [6:40] Chicago/Grand Rapids Property Tour  [8:37] On the 3rd day we are going to Detroit, possibly [9:44] What is

Mark Fleming is the Chief Economist for First American Financial Corporation. He has been a trusted voice with over 20 years of experience in the mortgage and property information business. Mark talks on the housing collapse, where the housing market is today, and why you should pay attention to the Millennial and Baby Boomer market.     Key Takeaways: [6:10] Jason does the math on a high-end property in a cyclical market versus a lower-priced property in a linear market.  [12:00] Owning five diversified properties is much better than owning one expensive property.   [17:45] If you want to be green, be a cash flow investor. [20:05] Jason introduces Mark Fleming.  [23:25] Before the recession, there was a lot of incentive to flip homes as oppose to buying a home to live in.  [26:00] Texas, the Dakotas, and Oklahoma are considered the energy states and currently have a good real estate market.  [28:40] Mark talks judicial versus nonjudicial foreclosures.  [36:30] Pay attention to where Millennials want to live

Doug Brunt is the former CEO of Authentium and author of, “GHOSTS OF MANHATTAN.” In his new book, he transports readers back to the extravagant times before Bear Stearns collapsed, exposing a culture with boundless bonuses, where the company expense account was routinely used for bar tabs, visits to strip clubs, and worse. He even throws in some comical stories and describes some of them. Brunt offers a withering view of life on Wall Street from the perspective of an unhappy insider, run-down by the corrosive lifestyle which is jeopardizing his marriage, who is too hooked on the money to find a way out. Brunt is married to FOX News anchor Megyn Kelly, who has helped him with his books. Brunt describes their relationship and why he gave up a lucrative career as an Internet security entrepreneur. Find out more about Doug Brunt at www.douglasbrunt.com.

Jason welcomes back Steve, an old co-host. Steve is currently working with HomeVestors as a house flipper and shares his experience on the show. Jason reminds the audience that what Steve does is actually a full-time business that you have to manage, which may not appeal to his more passive investor audience. We also learn from Steve on what the real estate market is like in Utah and if it's worth investing in it or not.    Key Takeaways: [1:30] Jason welcomes back his old co-host, Steve.  [6:00] When you become a house flipper, you also become a legal aid and social worker.  [8:00] Steve shares a story about a house he flipped.  [19:30] Buying homes at a discount is an art. [23:00] Jason and Steve talk about hypocritical celebrities.  [28:30] House flipping is a business. What Jason does is an investment.  [32:00] What's the real estate market like in Utah right now?  [38:00] If you're located in Magna, Utah, please email Jason.    Mentioned In This Episode:   The Big Short by Michael Lewis 

Laurence Kotlikoff is a second time guest to the Creating Wealth show and has a lot to share on the subject of economics and Social Security. Laurence Kotlikoff is a William Warren FairField Professor for Economics at Boston University and recently released a book entitled, Get What's Yours: The Secrets to Maxing Out Your Social Security. Laurence sits down with Jason to talk on the growing Social Security problem, the U.S. government's 210 trillion dollar time bomb, and what kind of economic environment we should expect in the next ten years.    Key Takeaways: [4:15] U-Haul is a good litmus test for migration trends.  [9:25] Jason recommends reading The Untethered Soul by Michael Singer.  [10:45] Look out for the informal Chicago property tour July 15th.  [14:00] Jason welcomes Laurence Kotlikoff to the show.  [14:55] How is Social Security sexist?  [19:30] By waiting until you're 70-years-old, you'd be collecting a 76% higher Social Securities check.  [25:30] The true fiscal gap the government is facing is

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.

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode.    Key Takeaways: [2:25] What did Fernando think of the first Venture Alliance mastermind meeting?  [10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors.   [14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th.  [15:40] Jason introduces Bob Proctor.  [17:05] Bob helps people recognize who they are, how to

Jason invites Ian Kimal to answer some his question. Ian has been a Creating Wealth listener for quite some time and asks Jason on how to successfully screen a good management company, owning apartments versus single-family homes, and much more on today's episode.     Key Takeaways: [1:35] Jason talks about some of the upcoming episodes you can expect.  [4:40] The mastermind group last weekend was a great success.  [10:10] Zimbabwe is the perfect example of what happens with bad governance and central banking.  [12:50] Jason invites a listener, Ian Kimbal, to the show.  [16:20] If Jason purchased a property later in life, he would have missed out on a great learning opportunity.  [17:00] Apartments are complicated, but they're still do-able.  [23:40] How do you protect yourself from liability when you're young?  [32:35] Have a separate bank account for your real estate investing activities [34:05] Should you get a real estate specific resume?  [38:48] What are the best ways to screen property management compa

Oringally aired as CW 362   The tables have been turned on Jason Hartman during Episode #362 of The Creating Wealth Show. Normally Jason asks the questions, but today, host Kerry Lutz of the Financial Survival Network sets the agenda. What transpires is a nuts and bolts crash course in the exact reasons single family residential properties are Jason’s preferred form of investing, bar none. Better than the stock market or gold by a long shot, and safer than apartment complexes or commercial properties. If you have an interest in a better understanding of the kind of investing that creates actual wealth for the long term, don’t skip this show. About Kerry Lutz Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life-long serial entrepreneur. His diverse career has incl

Jason Hartman has answered a number of Steve G. Jones's voice mail questions on previous Creating Wealth episodes and now he appears today as a guest! Steve has a lot of great questions for Jason on the topics of purchasing income property, renting versus buying properties, and much more. By the way, during Jason's move from Phoenix to California, he found another dozen of the physical product of the Meet the Masters home study courses. Go to JasonHartman.com to buy it at an incredible discount.   Key Takeaways: [3:50] There's no such thing as return on equity. [9:30] Longevity is a big deal, so let's plan for it in our investment strategy.  [11:20] Jason plays and answers a listener question.  [16:00] In moving, Jason found another dozen Meet the Masters home study courses. Go to JasonHartman.com to get it at an incredible discount.  [17:45] Jason invites a listener, Steve G. Jones, onto the show.  [24:50] The Khan Academy has some great videos on the difference between renting versus owning.  [29:15] Jason'

Bill Tatro is an economist and is a former radio show host of It's All About Money. This is Bill's second time on the Creating Wealth show and Jason catches up with him on what's new in the economy. Bill talks on Gen Y's disinterest in golf and tennis, Gen Y being more money savvy than their parents, and much more on today's episode.    Key Takeaways: [1:15] Jason has finally moved to California.  [3:10] The first event for Venture Alliance starts this Friday evening in San Diego.  [4:30] Jason introduces Bill Tatro to the show.  [5:15] Gen Y doesn't seem to be interested in golf.  [10:20] How does golf and tennis work in a Keynesian world?  [14:15] Millennials understand finance.  [18:45] Why will a Keynesian system end in war?  [25:00] People are just not spending money right now.  [26:35] The only way out of debt is through inflation.  [30:00] Most retirees have to sell their assets to create an income stream.  [34:55] Barrack Obama has succeeded in destroying the middle class and having more people become

Originally aired as CW 433 In his introduction today, Jason Hartman shares his opinions and experiences with the growing trend of psychiatric prescription drugs, as well as reinstating how real estate investors can avoid having to hand over huge portions of their profit to the government.  Later, he invites financial analyst Daniel Amerman on as a return guest to the Creating Wealth Show. Together, they discuss their respective solutions for eliminating debt, they talk about new American laws and regulations and their impact on the global financial market and ultimately, they resolve that sometimes you just have to align yourself with those in power to be successful.

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him.    Key Takeaways: [2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason.  [4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this.  [9:15] What's the process if you want to get started in real estate?  [16:35] Listen to the Creating Wealth podcast to get a free education on real estate. [18:25] Please listen to episode 405 and learn how to read a property pro forma.  [21:45] You learn a lot just by coming to one of Jason's live events.  [29:45] Jason's business model is a simple one. They work on referrals and don't

Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 90 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence.    Key Takeaways: [1:50] Every time a casino opens in an area, the divorce, suicide and poverty rate increases.  [8:15] Jason describes derivatives as 'the thing about the thing'.  [12:15] According to the National Association of Realtors, prices will be increasing.  [17:20] Jason introduces Joe and investment counselor Sara to the show.  [21:30] Joe heard Jason's podcast, loved it, and he bought two properties on the spot with him.  [26:30] Joe purchased a section 8 home and it's been the easiest property to manage so far.   [27:25] Sara shares her opinion on section 8 homes.  [33:20] Jason used to think investing in a lot o

Orginally aired as CW 461   On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price. Key Takeaways 01.34 – With tickets hugely limited, it’s time to get excited about the best Meet the Masters event to date. 04.25 – As a prudent investor, you need to know the vital points about LTIs and regression to replacement costs. Learn all you need here. 06.31 – Jason Hartman’s personal risk evaluator model relies on construction cost and land cost, and this is a great way to minimize risk when investing in real estate. 11.26 – If you’re building in a higher price area, you’re going to have to pay your contractors more because they have to be able to afford to live in that area. 14.38 – Three sources of a

Philip Kotler is the S. C. Johnson Distinguished Professor of International Marketing at the Kellog School of Management. He is a trained economist and the author of 55 books, including his most recent book titled Confronting Capitalism. His latest book hopes to give real solutions to the troubled economic system. Philip talks to Jason today on capitalism and how he thinks it can be better.    Key Takeaways: [3:20] Jason recommends reading Sapiens by Yuval Noah Harari.  [5:00] On the fence about joining Venture Alliance? Come as a guest and check it out.  [11:15] Jason introduces Philip.  [12:50] Capitalism is a great system, but we should also try to improve it.  [19:10] Tax payers are paying for what McDonald's/Walmart is not paying.  [23:30] Consumers want it cheap, but they also want jobs. Can we have both?  [28:20] Public education is so bad that Philip is glad we have immigrants coming in with the skills we need. [34:44] There's a group of people who want to be taxed more, but they don't want that money

Jason Hartman is currently visiting Ireland and one of his listeners asked to meet with him personally while he was here. Ross Lauder talks on Ireland taxes, the Irish economic crash in 2008, and why Ross loves the US real estate market for income investing.     Key Takeaways: [2:15] Ross has been listening to Jason's show since 2009.  [5:05] Why is Ireland so appealing to corporations?  [12:05] Ireland has had two big votes recently. Same-sex marriage and trying to change the minimum presidential age from 35 down to 21.  [18:45] What's happening with the real estate market in Ireland?  [28:02] Why does Ross like real estate?  [34:08] Jason is working on a new property tour with his team, so look forward to that.    Mentioned In This Episode:   JasonHartman.com

Orginally aired as CW 258 Welcome to the Creating Wealth Show. This is Episode Number 258, and this is your host, Jason Hartman. Excited to be with you today, as always. Thanks for joining me. Today we’re going to talk about the Secrets of Economic Indicators, with our guest, Bernie Baumohl and he’s written a book on that subject and it’s got a couple of printings, a couple of versions out and I think you’ll really get some stuff out of that, and come learn how to decode what you hear about, what you read about in the news media, and what it means to you as an investor and as an astute financial person.

Jason reads two articles to the audience. One is about the perception of Wall Street from Business Insider and another on CEO wages from Newser. Jason encourages you to leave him a voicemail on your opinion about the articles. Today's guest is Douglas Goldstein. Douglas is the author of Rich As A King and he talks to Jason on using the concept of chess to become a more strategic investor.    Key Takeaways: [3:40] There's one common theme in the CNBC show American Greed – investors didn't have control.  [8:05] Be sure to check out this upcoming Flashback Friday episode. [10:40] Jason reads an article from Newser about CEO wages. Send him a voicemail on your thoughts about this article.  [16:05] Jason introduces Douglas.  [22:15] How do we apply chess to our investments?  [30:30] Focus on one piece of your investment and try to make it just slightly better.  [35:30] What are zero coupon bonds?    Mentioned In This Episode: http://www.businessinsider.in/A-fresh-reminder-of-the-average-persons-perception-of-Wall-

Jason talks on why the US real estate is vastly better than the European market and also answers a listener question from Pam. Gary Carmell is the author of The Philosophical Investor: Transforming Wisdom into Wealth. He talks to Jason on what is a philosophical investor, the reason why there was a 2008 real estate crash, inflationary pressure and much more.    Key Takeaways: [6:20] The US real estate is still better than the Euro real estate for income investing.  [17:10] Jason answers a listener question from Pam.  [20:35] Jason introduces Gary Carmell [23:00] What is the philosophical investor?  [30:50] Jason breaks down the real estate market into three types: linear, cyclical, and hybrid.  [39:10] Why does the typical institutional investor always go for the class A properties?  [51:20] There isn't a lot of demand right now for burrowing money.  [53:50] How does Gary feel about deflation?    Mentioned In This Episode: http://www.cwscapital.com/who_we_are/carmell.aspx   https://www.garycarmell.com/