Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman begins today's show discussing where the real growth in wages is happening. Fortunately it's happening in the "real" economy, meaning those jobs that are involved in creating the widgets that we use. That sort of data really helps the linear rental markets that we're investing in. He also provides some economic data that's been released recently. Then Jason talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up. Key Takeaways: [2:52] People with no college degree are seeing their wages climb faster than people with college degrees [6:21] When you have a strong manufacturing base in a real estate market, you have stability [11:33] The economy has to be made up of many different players, and none of them are unimportant [15:45] Consumer confidence slipped for the 4th time in 5 months and housing starts fell 8% Jeff Ferry Interview: [19:35] Jeff's thoughts on the current trade situation [23:51] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar [27:45] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home? [30:57] You have to have capital formation for a society to create wealth Website: www.ProsperousAmerica.org

Jason Hartman and his in-house economist Thomas begin today's show by looking at how the tax reform is impacting home ownership across the country. Deductions that use to be highly favorable to many families have now become not as useful as the standard deduction was nearly doubled under the new law. This could cause some people to view purchasing a primary residence a bit differently. Then Jason talks with Blake Harris, NY Times best selling author of the new book The History of the Future: Oculus, Facebook & the Revolution That Swept Virtual Reality, about the impact technology is having on our lives and how virtual reality can (and currently can't) fit into them as well. The two examine who the leaders are on the VR front, what price point you're currently looking at versus how much it may cost in the future and more. Key Takeaways: [6:12] When the government disincentivizes home ownership, investors win [10:38] Some quick and simple math about how changes in the tax law is making some families lose deductions Blake Harris Interview: [14:29] Is the Virtual Reality revolution over before it's even really begun? [17:25] How technology could change the way we look at properties [20:56] What is "affordable" for virtual reality equipment? [22:38] Oculus is the clear leader for now, but who's coming behind them? [26:55] How virtual reality can be used in a social context [30:52] How much farther can virtual reality drive the retail apocalypse? Website: www.JasonHartman.com/Cruise www.BlakeJHarris.com

Jason Hartman and Adam tackle several issues in today's episode, including the potential of Fannie Mae and Freddie Mac returning to a private company, why it can be dangerous to invest in condos and why Jason would allow a lender from Wells Fargo to come to his events. Hear about this and several other current events of the day, as well as the April edition of the mortgage update. Adam interviews Joe the Lender and found out what investors can expect for their loans, the reserves you need to buy homes and more. Key Takeaways: [3:06] Trump has signed a memo to consider ending the government conservatorship of Fannie and Freddie and allow them to return to private companies [7:59] You can be self-reliant and not like government handouts, and think philosophically that things are wrong, but in practice sometimes you should take advantage of the situation [11:19] Why Jason doesn't like investing in condos [15:40] Jason's journey on The Goodyear Blimp [19:06] Why Jason allowed a Wells Fargo lender to come to his events recently [21:38] "Kneejerk Capitalism" Adam's April Mortgage Update: [23:59] What rate can investors be expecting in today's market? [29:13] Reserves needed when seeking a Fannie or Freddie backed mortgage Website: www.JasonHartman.com/Properties

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate. Key Takeaways: [4:30] One of the costliest mistakes Jason has made in his life Frank Gallinelli Interview: [6:23] What are the core metrics that real estate investors should be looking at? [11:09] You should try and forecast best case, worst case, and in-between case for your properties [12:32] What is discounted cash flow? [15:07] The holy grail metric is still IRR (Internal Rate of Return) [16:56] A different way to view Return on Equity [20:29] Is there a time where it doesn't make sense to acquire properties? [26:14] Education is absolutely vital to being a good investor Website: www.JasonHartman.com/Cruise www.RealData.com www.VentureAllianceMastermind.com

Today's Flash Back Friday comes from Episode 387, originally published in July 2014. Robert Kiyosaki is the acclaimed author of Rich Dad Poor Dad. The Rich Dad Company has made Rich Dad Scams: 8 Financial Scams Disguised as Wisdom available for free eBook download, so Kiyosaki talks in detail about scams everyone needs to understand. Kiyosaki discusses the fundamental challenges with the traditional school system and how corporate America kills the entrepreneurial genius of many bright workers. He also explains how much money one should have in their bank account. Website: www.RichDadCoaching.com www.RichDad.com

Jason Hartman starts today's show with a bit of a rant. We're in a world where many "gurus" are just sales people who bring you in, promise you the world, then hand you off to low paid people who simply read a script to you. We have to demand better than that. Then Jason talks with Jeremy Heimans, co-founder and CEO of Purpose and author of New Power: How Power Works in Our Hyperconnected World - and How to Make It Work for You, about how movements are started in today's world, why you're seeing power concentrated more and more, and getting more buy in from your audience. Key Takeaways: [3:20] People don't want to be processed [6:40] One of the best, weird compliments Jason's ever received from one of his clients [8:28] Plan your vacations with Jason, next event is coming up in May Jeremy Heimans Interview: [12:46] Old power vs new power [17:34] How do you start a movement? [24:44] We're seeing more and more concentrations of power even when we thought it was decentralized [29:04] How much equity are companies giving to their supporters? Website: www.JasonHartman.com/Cruise www.ThisIsNewPower.com

Jason Hartman starts the episode off with his in-house economist Thomas and the two discuss various parts of a mortgage payment and how each interacts with the other. They also compare whether a 15 or 30 year mortgage makes sense in an inflation or deflationary environment. Then Jason speaks with a new LMS who is offering properties in the central PA area, including York. The LMS explains what markets are supporting the local economy, general tenant profiles, rehab practices and property types that are available. Key Takeaways: [2:01] What makes up a mortgage payment? [5:39] Even with a slightly higher interest rate, Jason believes the 30 year fixed rate still beats the 15 year. Market Profile: [7:18] Why is South Central, PA a good place to invest? [10:08] The target tenant for the market and what employers are supporting the economy [14:30] How transportation fuels the network of the area [16:18] The target property and renovations done [21:00] The rehab process [29:56] Looking for the catch in the market, whether it be Section 8, insurance or property taxes Website: www.JasonHartman.com/Properties

Jason Hartman wraps up day 2, Sunday, from Meet the Masters. With one visitor travelling 22 hours from Australia and nearly 100 people streaming online, the event was a massive success. Listen in as we hear some live clips from Jason, home inspectors, George Gilder from Life After Google, Mani from 2,000 Books, Drew Baker on self-management and more. Website: www.JasonHartman.com/Cruise www.VentureAllianceMastermind.com

Today's episode is all about the first day of Meet the Masters. Hear from attendee Lisa as she discusses why you should come to the event and what she's hoping to get out of Meet the Masters, some tax information from Tom Wheelwright, some lending knowledge from a panel of Jason's lenders, a discussion of rehabs that Local Market Specialists are doing to the properties you're purchasing through our network and more. Website: www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 367, originally published in March 2014. Mike Murphy of the CPA firm Murphy, Murphy, & Murphy is one of the lauded experts invited to speak at the 2014 version of Meet the Masters of Income Property Investing back in January. The topic is one near, dear, and feared by property investors – real estate taxes. There's an old saying, "Nothing is certain but death and taxes." Taxes are a fact of life. Although the prospect of dealing with taxes is not especially appealing, Jason has been extolling the tax benefits associated with rental real estate for years. As America's most tax-favored asset, it can put money back in your pocket (or keep it from ever leaving in the first place) better than anything else. Mike delves into a topic that often confounds our best attempts to understand it. According to current U.S. tax laws, virtually any funds an investor directs toward maintaining or improving an investment property can be tax deductible. Some deductions can also apply to periods of vacancy – the so-called Passive Activity Loss Break – as well as non-cash write-offs for the simple depreciation of the structure itself, calculated over the period of almost three decades. An important point Murphy makes early is that an investment property is broken down into two components: land and the structures on the land. While the cost of the land itself isn't tax deductible, the structure is, which means the residential building you buy in order to rent out to a tenant. Tax breaks flow from the structure, and here are several you need to understand as an investor. Website: www.Murphy3.com

Jason Hartman does the show from the car on his way to Meet the Masters this weekend. Before he gets to his guest, however, he wants to share an old clip he put together several years ago that still has significant relevance discussing the principle of I.D.E.A.L. Then Jason talks with Cliff Hayden, creator of Show Me the Rental, about how he started his business, what his software does, and property management tips for real estate investors. Key Takeaways: [2:25] The I.D.E.A.L. principle Cliff Hayden Interview: [11:40] What frustrated Cliff enough to create Show Me the Rental [13:35] How Show Me the Rental works [17:34] Some sample questions Cliff's software might use [21:50] What platforms Show Me the Rental connects with [23:17] Cliff's property management tips Website: www.ShowMeTheRental.com

Jason Hartman starts the show talking to in-house economist Thomas about the things that impact your mortgage payment when you first get your loan. Some of them are pretty obvious, but there are several things that stand out as uncommon. Then Jason talks with Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist and Director of Research at the International Monetary Fund (IMF), about how community has been weakened, which has allowed competitive markets and governments to get out of balance. They also discuss what jobs will remain after automation takes off even more, mortgage rates and whether we're headed toward inflation or deflation. Key Takeaways: [2:52] What sorts of things impact your mortgage payment when you first receive your loan [4:55] There are some new credit scoring models that are becoming more prominent [9:26] If interest rates start to climb too high, adjustable rate mortgages might start making a comeback Raghuram Rajan Interview: [13:45] What the IMF is and how it differs from the World Bank [18:40] Massive technological change tends to hit an area and hurt before the benefits kick in later [21:51] After automation comes and takes many of the jobs, there will still be jobs that involve human interaction [27:11] Is Raghuram seeing inflation, deflation, stagflation or what in the coming years? [29:54] Are mortgage interest rates artificially low? [34:38] There's good deflation and bad deflation Websites: www.JasonHartman.com/Masters The Third Pillar: How Markets and the State Leave the Community Behind Raghuram Rajan at Chicago Booth School of Business

Jason Hartman and Adam start off today's show discussing the way Amazon treats their employees and how they don't operate in a truly free market. There are some options to create a more even playing field, which many libertarians (which Jason considers himself one) don't like the sound of. Then Jason talks with Ryan Minekime, co-founder of REIanalyst, about how his tool allows investors to whittle down their list of potential properties quickly. Key Takeaways: [3:25] Too much financial "news" we get now is really just financial entertainment [11:44] Amazon has pushed everyone else out, making it hard to shop anywhere else Ryan Minekime Interview: [19:01] REIanalyst was born out of a need Ryan had to see more properties in less time [22:10] How Ryan's data is figured out when making assumptions on properties [24:53] Where REIanalyst gets their data [28:47] Information for investors is severely lacking Website: www.JasonHartman.com/Ask www.REIanalyst.com

Jason Hartman and Adam start today's episode discussing how people who are fleeing high tax areas are getting audited by their original state to ensure that they have actually left. The ways they have to track you now are such that faking it will get you caught, and it's just not worth it. Make it a plan to leave and move to a no income tax state and do it! Then Jason talks with client Ira Boyd about his journey in real estate investing. Ira started off purchasing properties on his own, with some success but not as much as he'd hoped. After he found Jason's network, however, he's gotten in much better properties and is up to 12 investment properties and his personal residence. Ira discusses how live events aided his journey, where he sees his future in real estate investing, and what areas he thinks he needs to work on. Key Takeaways: [6:49] States creating an economic Berlin Wall Ira Boyd Client Case Study: [16:28] It's almost better not to see the property, because then you're buying based on intellect and not emotion [19:46] Meet the Masters gave Ira the traction he needed to start investing through Jason's network [22:57] Ira can't stress enough how much you need to go to an event and how helpful it will be [27:24] Ira's plan for his portfolio [31:20] Ira's policy on rent increases needs work Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties Book Your Time to Do a Client Case Study!

Jason Hartman begins today's show with some updates about next weekends Meet the Masters event. He also has another update from keynote speaker George Gilder, who explains a little about the new economic theory he's been contemplating and how he'll present it at Meet the Masters. Then Jason talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them. Key Takeaways: [3:32] George's new theory that's based on Information Theory Tal Ben-Shahar Interview: [11:30] How do you rate a country's happiness? [13:57] There's only one thing that predicts happiness levels on a national level [18:16] The hazards of social media on happiness [20:18] Lessons learned from Tal's barber [25:48] How to praise people properly to encourage growth [28:37] If you don't teach people to face reality then you're setting them up for failure [32:01] The first step toward happiness is, surprisingly, allowing in unhappiness Website: www.JasonHartman.com/Masters www.TalBenShahar.com

Jason Hartman and Adam tackle a potential sign that we're entering more financial risk as mortgages that aren't backed by the government are being bundled together and sold as bonds in the marketplace. It's not being done on a grand scale YET, but it's a practice that's growing quickly and steadily. Remember, this is part of what caused the Great Recession, so it's something worth watching. Then Jason talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan's failure to curtail spending like he'd originally wanted, the difficulty Trump is having actually "draining the swamp", the impact of increasing debt on inflation and whether it's sustainable. Key Takeaways: [2:55] Non Fannie & Freddie backed loans are being packaged and sold as bonds once again [8:49] Meet the Masters is going to feature new topics such as home inspections and a presentation by a client about self-management David Stockman Interview: [13:55] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded [17:36] Trump's problem was that he recognized the economy was failing but didn't have a program to address it [22:41] Does our escalating deficit mean inflation is on the horizon? [27:02] Is our private debt really that bad? [30:47] How investors should position themselves for the next few years [33:35] We've learned in the last decade that Central Banks can't cause inflation on a worldwide basis Website: Peak Trump: The Undrainable Swamp and the Fantasy of MAGA www.DavidStockmanContraCorner.com

Jason Hartman begins today's show with one of the speakers for Meet the Masters that's coming up in less than 2 weeks, Mani Vaya. Mani is the host of the 2,000 Book Podcast, and the two discuss how you can read (or listen) to a book quickly and still retain the information you're seeing (or hearing). Then Jason talks with Jason Franciosa, CEO & co-founder of Element 26, about the time value of money. Both Jason's are concerned about inflation, and the two look at ways you can maintain your leverage so your returns can beat inflation, as well as how you can utilize your home loans to house hack (especially if you're in the military). Key Takeaways: [5:21] Mani will be presenting at this year's Meet the Masters [7:51] Mani is going to cover how to actually read a book for maximum learning [10:45] How Mani is able to listen to the stories at 2-3x speed Jason Franciosa Interview: [20:00] Jason's 6 ways governments can get out of debt [22:32] The time value of money [27:11] You have to have a way to maintain the leverage you have [31:55] How you can utilize house hacking Website: www.JasonHartman.com/Masters www.Element26.co The 2,000 Book Podcast

Today's show begins with Jason Hartman and Adam discussing how investors are taking a big risk (and breaking Commandment #5 in the process) if they take part in buying the stock for a company that's never turned a profit. Then Jason welcomes Lisa Tomita, a client with 4 properties who has recently decided to self-manage two of her properties. Jason and Lisa discuss the ups and downs of investing and how self-managing has turned Lisa into a more empowered investor ready to deal with all the bumps along the way as she moves closer to her financial independence. Key Takeaways: [3:34] Lyft is going public, but it may not be a good idea to buy in to the company [7:57] If you're going to buy stocks, at least buy dividend stocks Lisa Tomita Client Case Study: [15:04] Lisa's tenant saved her $200 because of the relationship they've developed [19:53] Lisa recently quit her job so she could focus full time on real estate [23:58] Self-managing has made Lisa feel more empowered and learned [28:23] One of Lisa's deals that hasn't gone well broke 4 of Jason's 10 commandments [34:58] Income property is so durable it's like the self-healing asset Website: www.JasonHartman.com/Masters

Today's Flash Back Friday comes from Episode 364, originally published in March 2014. Join Jason Hartman as he discusses cash flow, real appreciation and geographic diversification as it applies to his, not Albert Einstein's, theory of real estate relativity. You'll hear a valuable comparison of a typical Santa Ana, California property with a Birmingham, Alabama and an Atlanta, Georgia property. How do they stack up? Jason will lead you through an in-depth look at rent-to-value ratios (RV Ratio), historical appreciation rates of linear and cyclical markets, as well as hybrid linear/cyclical markets. This comparison may surprise you in several ways. What's better A $455,000 house that rents for $2,500 per month to six people? Or several $52,000 houses that rent for $700 per month? The same concept can be applied to large multi family apartment complexes and across every geographic market or metropolitan statistical area (MSA). Next up, Jason talks to one of his lenders about reverse mortgages, a growing trend with broader implications on the real estate market and the economy as a whole. Website: www.JasonHartman.com/Masters

Jason Hartman begins today's show in disbelief at some of the "news" articles he's been seeing lately about the best performing asset classes in 2018. The claims that cash was king are being shouted near and far, but there's a distinct problem with how real estate was measured that makes their whole metric false. Then Jason talks with Brian R Alexander, author of the new book Glass House: The 1% Economy and the Shattering of the All-American Town, about the state of today's world and the impact Wall Street investing has had on us. There has been a steady decline in community and a massive disconnect between the uber-wealthy and the average American. Listen in as Jason and Brian talk about the root causes of the problem and ways we can combat them. And don't forget, Monday is the ABSOLUTE LAST DAY FOR THE HOTEL ROOM BLOCK for Meet the Masters, so book your room now if you haven't. Key Takeaways: [2:53] "What comes around goes around" but it can take a long times sometimes [5:14] NASDAQ.com is claiming the best performing asset class in 2018 was cash [8:54] Appreciation in cyclical markets is the only metric many outlets use for determining ROI for real estate Brian Alexander Interview: [14:15] The premise of the 1% economy [16:23] What is "Green Mailing"? [20:58] The demise of community in our lives today [25:22] There's a massive disconnect between the elite insider Wall Street class and the common investor [29:45] The actions of companies and uber-wealthy investors is hurting the mental psyche of every day Americans [32:39] Capital formation in the US is very much a winner-take-all proposition Website: www.JasonHartman.com/Masters www.PropertyTracker.com www.GlassHouseBook.com www.BrianRAlexander.com

Jason Hartman and video director Chad use the intro of today's episode to go over some of the comments made by viewers of Jason's YouTube videos, as well as announcing who the winner is for the contest. Then Jason speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives. Key Takeaways: [3:39] Jeffrey's comment on "Home builders made a big mistake" [7:46] Abdula was amazed by "How to Maintain Control of Your Investments" about how many people take a cut before you get paid when you don't have direct control [11:39] The winner of the YouTube challenge! Matthew Sullivan Interview: [18:22] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house [21:19] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage? [27:35] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share [32:17] The effective "interest rate" for homeowners who realize their equity [36:27] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade Website: www.JasonHartman.com/Masters www.QuantmRE.com www.JasonHartman.com/Ask

Jason Hartman begins today's show discussing some of the cyclical markets that have seen their housing bubble burst, as well as some non-cyclical markets that could be in danger of the same thing. One of them, Colombus, surprised him. Then Jason talks with Edwin Kelly, founder & CEO of Specialized IRA Services, about some of the creative ways you can use your self-directed IRA to invest in non-stock market related assets. Edwin provides several case studies that show the power of self directing, as well as his "Triple D" process to help you on your way. Key Takeaways: [5:01] Cyclical markets have seen their housing bubbles burst and now it's starting to spread to other cities [7:16] People buy homes based on payments, not total price. [11:07] Colombus, OH is on the list of potentially being at risk of a bubble burst Edwin Kelly Interview: [15:07] What is a Self Directed IRA and what kind of assets can you use them for? [17:56] Some unique strategies people are using in their IRAs [20:28] Borrowing against your solo 401k as a strategy [25:57] The Triple D process of Self Directed investing [27:47] The costs of using self directed funds Website: www.JasonHartman.com/Masters www.SpecializedIRAServices.com

Jason Hartman and Adam take a look today at some sectors of society that have been hit hard by inflation and deflation over the past 20 years. Technology has done a good job at keeping the cost of many things in check, but not every sector is reliant on it so some areas have seen skyrocketing costs. The two also answer listener Brian's question about determining what costs you can hold back from your tenant when you're doing a make ready after the tenant moves out and give out the March Mortgage Minutes from Lender Aaron. Key Takeaways: [4:02] A look at inflation for the last 20 years, by sectors [8:42] The overall inflation in the past 20 years is roughly 56% Adam's Mortgage Update: [12:18] Investors with good credit are looking at mortgage rates in the mid-5% [15:33] The rate of mortgage applications has been pretty steady over the past 12 months Jason & Adam: [22:49] How the Service as a Software (SaaS) has been impacted by inflation [27:28] Some make-ready tips to save you money in the long run Website: www.JasonHartman.com/Masters www.VentureAllianceMastermind.com

Today's Flash Back Friday comes from Episode 664, originally published in April 2016. We are rapidly losing our freedom, so says G. Edward Griffin. Griffin is the author of the seminal work The Creature from Jekyll Island, he is the President of the American Media/Reality Zone and the force behind the Freedom Force International Movement. This is Mr. Griffin's third time on Creating Wealth. He shares his wealth of information on the beginning of the Federal Reserve, the way our freedom is being depleted and the monetary scam which is our unrepayable debt. Key Takeaways: [2:42] The Central Banking Cartel influences the context of our lives. [11:44] Align your interests with the most powerful forces the human race has ever known. G. Edward Griffin Guest Interview: [16:26] The history of how the Federal Reserve came to be on Jekyll Island, Georgia. [24:12] Most transactions in the 1900's before the Fed was created, were conducted in gold bullion and silver. [28:47] Supply of precious metals is limited and the effort to extract them is great, hence the value. [31:06] The scam of lending money is ethically reprehensible. [37:07] The Creature from Jekyll Island book is unfolding exactly as Mr. Griffin was afraid it would. [41:58] There are only two ideologies in the Western World and they are Collectivism, which is the idea that the group is more important than the individual and Individualism. [49:56] Freedom comes when the individual are protected against the passion and greed of the majority. [53:09] Where do the origin of human rights come from? [1:00:36] Contact information for G. Edward Griffin Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Reality Zone The Creature from Jekyll Island Freedom Force International

Jason Hartman and Adam start off today's show discussing listener Brandon's question about living above or below your means. It's important to keep things in perspective as you're deciding how to live your life because just getting more stuff doesn't necessarily make you happier. Then Jason talks with Robert Greene, author of the new book The Laws of Human Nature as well as New York Times bestsellers like The 48 Laws of Power and The 33 Strategies of War, about how to approach people to put yourself in the best position for success as well as how to best change your life and circumstances. Robert goes over a few of his 18 laws to help you on your way. Key Takeaways: [4:45] Should you live above or below your means? [10:38] Money gives you choices, and choices can make you happy Robert Greene Interview: [16:08] Misjudging people is extremely expensive, and it's getting even harder to do with everything becoming virtual [18:27] Thinking about what other people need or are going through is one of the most important life skills you can develop [21:42] When you ask someone for anything, they are naturally going to be resistant [24:47] We are emotional creatures, largely governed by our emotions [36:20] You can change your own life and circumstances by working on your attitude [39:56] The biggest impediment in people's lives is the inability to affect or influence the people around them Website: www.PowerSeductionAndWar.com

Jason Hartman and Adam start off today's show discussing one of the keynote speakers for this year's Meet the Masters event, George Gilder. Gilder has quite the history and the two break down what he did back in the 90s, what he's doing now, and why he's still relevant. Then Jason talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years. Key Takeaways: [4:34] George Gilder is a thought leader today just like he was 20 years ago [7:31] When Gilder spoke back in the 90s the markets moved Dr Randy Wray Interview: [12:26] Who is Minsky and why is he someone we should concern ourselves with? [15:43] What is Modern Monetary Theory and why is it applicable? [21:31] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation [24:38] Has all the money that was put into the economy during Obama's term been taken back out by taxes or is it causing inflation? [28:51] The test you need to use to discover if you're doing monetary policy correct [32:48] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth [36:49] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized [39:58] What's coming up, economically, for the United States Website: www.JasonHartman.com/Masters www.YouTube.com/JasonHartmanRealEstate www.Levy.org

Jason Hartman and Adam tackle the subject of millennials in today's episode. They might start out talking about millennials feelings and whether we should put labels on people in society, but the crux of the show is based on their cohort's home buying habits. After years of waiting, millennials are finally venturing into the market, and their numbers might move the market but their habits definitely create some risk but also leave some wiggle room for safety. Also, don't forget to enter the Meet the Masters YouTube raffle to get either a free ticket to the 2019 Meet the Masters or a $500 travel allowance! Key Takeaways: [6:10] Millennial mortgage habits are different than previous generations [12:23] A housing shortage story from one of Jason's older blogcasts [18:33] The dangers of a centrally managed economy and government intervention through things like Fannie and Freddie [22:20] If Fannie and Freddie got out of the market it would cause a huge upward pressure in rents for investors [26:44] Millennials saw their parents go through the Great Recession, many of them losing their homes. That will impact their home purchase habits Website: www.YouTube.com/JasonHartmanRealEstate www.JasonHartman.com/Masters

Jason Hartman talks with investment counselor Doug today about portfolio makeovers. After you've purchased your properties, it's important not to let your equity get lazy. Hear from Doug and Jason about how to figure out if you're ready to utilize the equity that's in your investments. Also, don't forget to enter the Meet the Masters YouTube contest for a chance at a free ticket to Meet the Masters or a $500 cash allowance for your trip! Then Jason talks with Rohit Talwar, founder of Fast Future Publishing and author of A Very Human Future, about what we can do about the large companies who seem to be in a winner take all society, how life and body hacking are going to change the world, and more. Key Takeaways: [2:20] Your return on investment declines as you start getting lazy money in your investments [6:19] When Cap Rates can actually be helpful in single family investing Rohit Talwar Interview: [13:27] What is value? [20:30] The 4 views people have of companies like Facebook and Google [24:06] 3 types of exponential thinking [28:24] Rohit's example of pooled insurance [33:08] What are we going to do with the people who are displaced by technology? [36:13] Body hacking may give us advantages in areas that won't matter in the future due to automation [37:37] What we need to change in order to have a more optimistic future Website: www.JasonHartman.com/Masters www.YouTube.com/JasonHartmanRealEstate www.FastFuture.com

Today's Flash Back Friday comes from Episode 354, originally published in December 2013. Join host Jason Hartman and, not one, but TWO special guests on episode #354 of The Creating Wealth Show. First up is Jason's mom, who returns to the show for the third time (by popular demand) to discuss the idea of grit when it comes to life in general and income property investing in specific. The question they bat around is "What makes for a successful property investor and successful human being, and what does grit mean anyway?" You won't want to miss her story about a recent eviction she undertook on a California property tenant, nor how her life's passion of living in a mansion with columns came to pass. Following his mom's segment, Jason welcomes credit repair expert, Steve Paige, to the telephone. Steve has logged almost three decades in the trenches in helping consumers understand the fact, fiction, and misconceptions that abound in the credit report score industry. Steve is, by far, the nation's leading credit pathologist. He founded three of the nation's largest credit repair firms and, in the process, revolutionized the approach to consumer credit issues by focusing on re-scoring techniques rather than credit report manipulation and repair, the results of which produce far greater benefits— for less money. Website: www.JasonHartman.com/Masters www.YouTube.com/JasonHartmanRealEstate

Jason Hartman and Adam are back today to field some listener questions. They tackle hyperinflation, saving up for your first investment property, and why worker confidence is high but the real estate market is slowing. After the questions have been answered, Jason finishes his story about surviving a bear attack. Key Takeaways: [4:17] Buying 10 financed rental properties can easily beat 1 paid off investment [10:02] The Hartman Health Care Hack [14:16] Listener Question from Josh: Inflation Induced Debt Destruction in places of hyperinflation like Venezuela currently [20:21] Worker confidence in finding a new job is high, but home sales are lower than they've been in a decade, what's the cause for discrepancy? [23:48] Listener Question from Zack: how much should he save before investing in his first rental property? [26:05] Listener Question from Michael: Finish the bear attack story! [32:01] Some of Jason's favorite quotes Website: www.JasonHartman.com/Ask www.JasonHartman.com/Masters

Jason Hartman and in-house economist Thomas get together at the beginning of today's show to discuss the expected economic impact of numerous states and local municipalities increasing their minimum wage this year, as well as why retail numbers are not coming in well this year. Then Jason talks with Tom Wheelwright, 2019 Meet the Masters speaker and Rich Dad Advisor, about how to help yourself in your legal tax avoidance using practices such as real estate professional, whether Opportunity Zones might be worth investing in, and why taxes tend to be higher when you retire. Key Takeaways: [3:07] The minimum wage will be increasing in a lot of places around the country in 2019. How much effect does it really have? [7:39] Retail numbers for the start of 2019 are not good, what should we be attributing that to? Tom Wheelwright Interview: [13:14] The question you need to ask yourself if you can't qualify to be a real estate professional [17:18] One of the most underutilized assets people have is other people's tax brackets [19:06] Tom's views on Opportunity Zones [23:14] The pass through tax deduction and how it applies to real estate investors [27:18] Being a real estate professional can sometimes mean you can take early withdrawls from an IRA and actually completely negate the penalties [30:25] You tend to lose a lot of deductions when you retire, so your planning leading in to retirement is crucial [31:59] The 2 challenges with Roth IRAs when it comes to investing Website: www.JasonHartman.com/Masters www.Wealthability.com

Jason Hartman starts off today with a look at ways that the government is trying to control capital by questioning transactions like his recent purchase of his home. Now they're requiring certain purchases by LLCs and Corporations to list their owners in a registry, which could serious harm your anonymity when protecting your assets. Then Jason finishes his interview with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about the correlation between Fed actions and yield curves, how to look at inflation and self-liquidating debt. Key Takeaways: [3:50] There's a lot of capital control going on today [7:52] 1984 and Brave New World are coming truer and truer [11:58] Musical entertainment for Meet the Masters is about to be booked Dan Amerman, Part 2 [18:29] Certain Fed actions and yield curve inversions seem to have a correlation [22:03] The 2 ways to look at inflation [25:25] The self-liquidating debt Website: www.JasonHartman.com/Masters www.DanielAmerman.com

Jason Hartman begins the show with his in-house economist Thomas discussing two differing population models: the UN population model and the Empty Planet model. Our world is currently entering a population phase previously unseen and it could have a serious impact on our world. Then Jason begins his interview with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about how a heavy handed Fed has changed how inflation and housing have correlate to each other, why the Fed reacts to quickly, and what the Fed is setting interest rates up to do. Key Takeaways: [4:55] The UN Population model vs the Empty Planet model [8:46] We're entering Stage 5 of the demographic transition theory, which is something nobody's really ever seen before [13:22] Jason's most recent book suggestion [15:33] What does this coming population shift mean to investors? Dan Amerman Interview: [20:44] The Federal Reserve is getting more heavy handed as years go by, and hints of a coming recession could lead to more intervention [25:38] Housing tracked inflation better than gold until the Federal Reserve got real heavy handed after 2001 [30:27] The Fed reacts too quickly to things [32:06] Dan's prediction of where interest rates are about to head Website: www.JasonHartman.com/Masters www.DanielAmerman.com

Today's Flash Back Friday comes from Episode 292, originally published in December 2012. Jason Hartman talks with a listener about local vs. long distance real estate investing and how geography is less meaningful than ever before in history. Then today's guest is loan manager, stock trader and financial columnist, Logan Mohtashami with a no-spin discussion on the fiscal cliff and other current events. Logan Mohtashami is a senior loan officer at his family owned mortgage company AMC Lending Group, which has been providing mortgage services for California residents since 1988. Logan is also a financial columnist for Benzinga.com and contributor for BusinessInsider.com and writes on financial matter relating to the housing market and basic economics. Website: www.JasonHartman.com/Masters www.BusinessInsider.com

Happy Valentine's Day! In order to celebrate today with a 10th episode, Jason Hartman talks with Richard Marek, former President of EP Dutton, editor of James Baldwin, Robert Ludlum, Peter Straub, Ben Stein and more, about his new book How to Fall In Love: A Novel. There's quite a bit that goes in to falling in love, and Jason and Richard explore what all it entails and how our society is turning its head on the ways that have worked (and will continue to work) since the beginning of time. Before that, Jason and Adam discuss 2 real estate scams you need to be sure and avoid. The first involves appraisals and the other involves giving up your control. Key Takeaways: [6:02] How some providers are using their purchasing power to manipulate sales comps [9:35] Some turnkey providers want to convince you to only work with them because they're the seller and they have more control, but the control is what causes the problem [14:04] When the economy turns is when we'll see who the real providers are Richard Marek Interview: [17:51] How do you fall in love? [19:58] Richard doesn't think technology is helping in the love part of relationships today [23:27] We have an entire generation who's unwilling to even pick up a phone and call someone [28:34] What are ways we can combat the tech craze? [30:39] Why is it healthy to fight? [35:31] Where is the publishing industry headed? Website: www.JasonHartman.com/Masters How to Fall in Love: A Novel

Yesterday, Jason Hartman talked about the number of apartments being built in the US being the highest since the 1980s. Today, Jason and Adam talk about how an immense number of those apartment units are of the high-end variety, and what that might mean for our economy if there's a slowdown. Then Jason talks with Ryan Barone, CEO & Founder of RentRedi, about his new self-management tool and the benefits it gives to landlords. The two discuss how technology has changed the landscape of investing and who RentRedi is most likely to help. Key Takeaways: [2:25] 80% of new apartment construction is high-end [10:41] Living your life based on the mood of the stock market is no way to live [15:09] Living off a 4% draw is risky if the market has a downturn Ryan Barone Interview: [20:44] What does RentRedi offer to the landlord? [24:34] Who is the target audience for RentRedi? [29:40] Technology has changed investing drastically Website: www.JasonHartman.com/Masters www.JasonHartmanUniversity.com www.RentRedi.com

Jason Hartman begins today's episode with a look at the number of new apartments that were constructed in the USA in 2018. The number is the largest since the 1980s, but does that mean we're overbuilt and what does that mean to single family rentals? Then, Jason talks with Dr David Collum, Professor at Cornell University, about his 2018 Year in Review report and what he's expecting in 2019. The two tackle the skewed CPI numbers, the impact of stock buybacks and how the next unwinding in our economy is going to happen. Key Takeaways: [3:50] 267,900 apartment units were completed last year, the most since sometime in the 80s [10:45] How much men and women spend on their partner for Valentine's Day [12:27] Married home owners are seeking roommates to help pay rent Dr David Collum Interview: [17:12] What happened in 2018, economically speaking? [21:44] CPI numbers started getting skewed in the 1970s [25:55] Is there any gain from stock buybacks? [29:37] Ultra low rates allowed institutional investors to come in to the single family housing market [34:00] How the next unwinding will happen Websites: www.JasonHartman.com/Masters David Collum at Cornell

Jason Hartman talks with NeighborhoodScout's Founder & CEO, Andrew Schiller, about his company's predictions for the hottest appreciating markets in the US for 2019. Andrew lists the top 10 markets expected to appreciate as well as how to identify an area that's poised to make a turnaround. Key Takeaways: [7:33] National numbers are all well and good, but they don't really matter near as much as local numbers [9:03] Some of the hottest forecasted appreciation markets in 2019 [12:45] How big are Census Tracts and Micro Neighborhoods? [17:05] What factors makes a neighborhood turn around? [21:10] Property crimes are much less an impediment to property values as violent crime [26:43] How do you use Neighborhood Scout to figure out if a neighborhood is turning around? Website: www.JasonHartman.com/Masters www.NeighborhoodScout.com

Today's Flash Back Friday comes from Episode 327, originally published in July 2013. Jason Hartman is joined by Phil from Dallas who asks Jason about his journey of entrepreneurship. Jason gives his backstory, his path to success and how it was all made possible by living below his income (and making a very good income as a real estate agent while doing it). Phil and Jason also explain how the internet has impacted the entrepreneurship of Americans and one lesson Jason learned from his mother that helped shape his idea of business. Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Jason Hartman takes today to discuss the glorious rental demographics that are sticking around from his prediction several years ago that the next 10 years will be great for landlords. Now he's pushing that prediction back for 10 years from now because the demographics are just so good still. With all the possibility out there, however, don't feel the need to rush after the shiny objects out there like "Opportunity Zones". Rather, take your time, do your homework, and make sure it's the right thing for you. Then Jason talks to his in-house economist Thomas about the World Economic Forum in Davos and what came out of it. Thomas gives his predictions for the next 2-3 years, why some looming deflation might be a good thing, and whether we're in a 4th leg of the Industrial Revolution. Key Takeaways: [3:24] The demographics of the rental housing market are nothing short of phenomenal for the next 10 years [8:28] Hedgefund billionare Seth Claireman issued a dire warning at Davos Thomas Interview: [18:37] Thomas sees some deflation coming up and doesn't think it'll be that bad [22:39] Price discovery happens once we've put all the unused assets to work [26:12] As long as GDP growth + Inflation is higher than the 10 year note, the economy is okay [34:07] Are the next 5 years going to give us good or are they bringing bad? [35:16] We're in the midst of the 4th industrial revolution and things are good Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Jason Hartman has been in the Baton Rouge market before, but haven't been there for a while. Now, however, an old LMS is back with new, built-to-rent, construction that provides some solid return on investment. Jason talks to him about why he's back in Baton Rouge, what the new construction looks like, and the pervasiveness of institutional investors that drove him out of the Atlanta market. Prior to the market profile, however, Jason talks about the concept of iterations, and why it's so important to not get discouraged over initial failure. You have to learn to constantly improve and always be searching for your advantage. Key Takeaways: [2:26] The concept of iteration [7:12] We need to stop believing we're going to get things right the first time we do them [13:20] If you never have the hard times you can't appreciate the good [15:18] Give your kids roots, but make sure you also give them wings Baton Rouge LMS Interview: [19:49] What kind of properties are being built in this round of inventory [24:51] Every apartment complex is a build-to-rent deal, but single family build-to-rent is becoming a bigger and bigger market [27:31] Institutional investors come in with massive amounts of capital that has to be deployed quickly, and it has led them to accept lower returns [31:25] Are any of the new properties assisted housing? Website: www.JasonHartman.com/Properties www.JasonHartman.com/Masters

Today Jason Hartman and Adam answer a listener question about Inflation Induced Debt Destruction, discuss the latest economic numbers that impact the housing market and why requiring things like affordable housing is a destructive practice for governments. Then Adam sits down with Joe the Lender for the February Mortgage Minute. Key Takeaways: [6:21] Companies make a LOT of money off unredeemed items [9:28] Listener Question: Seneca's question about Inflation Induced Debt Destruction [17:05] The latest Consumer Confidence, Case-Shiller Index and New Home Sales numbers [20:20] California is suing Huntington Beach for not having enough affordable housing [24:26] February Mortgage Minute [29:23] Mortgage starts for Joe were a little flat toward the end of the year but have been getting better this month Website: www.JasonHartman.com/Ask www.JasonHartman.com/Masters Jason Hartman's Alexa Flash Briefing Skill The PropertyCast

Jason Hartman and Adam take aim at where inflation is actually rearing its ugly head in today's world. The cost of goods is still cheap, but a lot of services are becoming more and more expensive by the day. Then Jason answers a question from listener Fred about the number of single family homes you can own and why Jason diversified into multi-family and mobile home parks as well. Finally, Jason identifies the hardest part about owning each of the different types of real estate. Key Takeaways: [4:16] Inflation in the SaaS world [9:10] Inflation is hard to measure because goods are cheap, but services can be incredibly expensive [12:56] Does your investment portfolio have termites? [18:13] Listener Fred asks if there's limit to the number of single family homes that you can own without being overwhelmed., as well as why Jason also invests in multi-family and mobile home parks [22:39] Diversify, BUT NOT TOO MUCH [28:41] The hardest part about owning single family, multi-family and mobile home parks Website: www.JasonHartman.com/Properties Jason Hartman's Real Estate Investor Update - Alexa Skill

Today's Flash Back Friday comes from Episode 327, originally published in July 2013. Jason Hartman is joined by Michael who asks Jason the questions that listeners are asking. Jason explains what he would do if he were a brand new investor, some basics on self-management, a few property profiles, and the myth of higher returns on higher investments. That $5 million dollar multifamily complex isn't likely to outperform your single family rental. Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Jason Hartman starts off the show with an important announcement about Meet the Masters of Income Property coming up in March. There are two new speakers signed and because of the announcement early bird pricing has been continued until Wednesday, when prices will go up again. Then, Jason goes off topic with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today's world. Key Takeaways: [3:11] Meet the Masters Speaking Announcements: George Gilder & Tom Wheelwright Jeffrey Gitomer Interview: [12:30] The challenge to do the right thing in our society has never been at a higher level than it is today [17:13] The 5 point rule [22:34] The 7 Success Rules [26:28] If you have the right service and attitude heart, sales will be easy [32:41] If you want to learn something new, read a book that's 60 years old Website: www.JasonHartman.com/Masters www.Gitomer.com

Today's show is all about helping you grow your real estate portfolio as tax free as possible. When you are ready to sell one property and purchase other ones with the proceeds there's no need to pay capital gains taxes at that time when you have a vehicle like a 1031 exchange. Join Jason Hartman and Dino Champagne, Los Angeles Division Manager & VP at Asset Preservation Incorporated, as they discuss the strategies, the complexities and the savings that 1031s can provide. Key Takeaways: [5:17] How a 1031 Exchange works [7:51] Try and avoid a reverse exchange as best you can, because they can get real tricky and lendors aren't fans of them [9:48] The 45 and 180 day timeframe of a 1031 exchange [12:37] The 3 different ways you identify properties in a 1031 exchange [14:59] How much money can a 1031 exchange actually save you and your heirs? It's pretty astounding [20:18] 1031 exchange accomodators aren't highly regulated, which has led to some scams over the years. What questions do you need to ask when you're searching for one? [24:19] Changes the new tax law has made on 1031 exchanges [26:50] Are Opportunity Zones overhyped? [32:23] With Opportunity Zone investing being so new, vetting the sponsor of the deal is more important than ever Website: www.APIExchange.com

Today's show features Jason Hartman and Adam answering listener questions about capital gains taxes, 1031 exchanges, and Jason's preferred method of diversifying across real estate markets. Should you buy one home per market or multiple homes in one before moving to the next? Then Jason and Adam look at an article about Warren Buffett's investing principle and how we can use his outlook in our real estate investing. Key Takeaways: [3:45] Listener Question: Is there any way, other than a 1031 exchange, to sell real estate and not pay capital gains tax? [9:02] Listener Question: How quickly should you diversify across multiple markets? [16:33] Can the government negotiate the best rates anywhere? [22:01] The one word that Buffett and Gate would offer you is...FOCUS [24:04] The 3 things Jason invests in [28:03] Warren Buffett's theory on value investing and working with people you trust is very much how you should invest in real estate Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Jason Hartman starts today's episode discussing the recent World Economic Forum with economist Thomas Young. Specifically they look a bit at the "Happiness Index" that they were discussing at the forum and whether that should hold any muster for us. Then Jason has a client case study with Eric Payne. Eric started investing in single family housing around 2010 and has steadily added to his collection. Today he has 18 units and is looking to substantially add more when he finishes the sale of his current business. Jason and Eric go over Eric's journey, why he chose to use real estate to achieve the financial freedom he desired and beauty of the 30 year fixed rate mortgage. Key Takeaways: [3:07] What happened at the World Economic Forum this year? [7:00] How important is the Happiness Index? [13:50] Are we starting to approach a new cold war? Eric Payne Client Case Study: [17:29] Eric's start in his real estate journey made him realize that flipping is overrated and renting is the way to go [19:09] A foreclosure Jason remembers from the Great Recession that he wishes he'd bought [22:01] People tend to sabotage themselves by trying to time the market [30:23] Eric's parents $118 mortgage made him realize how amazing a 30 year fixed rate mortgage is Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 287, originally published in November 2012. Jason Hartman is joined by Larry Muck, the Executive Director of the American Association of Private Lenders, to talk about the AAPL's history, mission and vision. Larry explains what private lenders are doing for people that the banks can't do, and how the AAPL is trying to organize the efforts of private lending. AAPL was formed to help raise the standards in the industry and develop a brand that could be used by private lenders to prove credibility and trust. Larry also discusses the needs of investors and the various tools now available to support investors and lenders. Larry shares his passion for fair dealing and excellence in lending as the Executive Director of the American Association of Private Lenders. He brings to this position the experiences gained through a 30 year career in banking. During that span, he served in many leadership and lending capacities, including serving as Executive Vice President for a regional bank with a $220 million portfolio of commercial, consumer, construction, and mortgage loans. Additionally he served as Community President for Gold Bank in Saint Joseph, Missouri and transitioned to Regional EVP with Marshall and Ilsely Bank in Kansas City. His well rounded background includes experience in Loan Review and serving for two years as the Corporate Training Director for a $15B regional bank holding company. Throughout his career, Larry has had a passion for community service, serving in various leadership capacities with organizations such as United Way, the Allied Arts Council, St. Joseph Preservation, Inc. and many others. His interests lie in all outdoor sporting activities, basketball, and cooking. Website: www.AAPLOnline.com

Jason Hartman starts today's show with a tribute to Jack Bogle, who truly changed the world of investing and was a figure that Jason could model his beliefs about fighting for the little man after. He also discusses some important lessons we can learn about questioning advice we hear to ensure it's best for our purposes, not just the benefit of the person making the pitch. Then Jason talks with Harry Dent, author of Zero Hour, about Harry's optimism about our economy, the impact the high end real estate softening is going to have on all of the housing sector, why demographics are NOT looking good for China and other Asian countries, and more. Key Takeaways: [4:54] Farewell to Jack Bogle, you need to read his books if you haven't yet [7:59] Be wary when listening to people telling you about ways they can "help" you while investing and make sure you figure out if it's really worth doing Harry Dent Interview: [12:49] Why is Harry more optimistic about our future than usual? [17:23] People in San Francisco hate big tech companies like Google because they're driving up costs beyond reason [19:48] The high end housing market is already softening, but how far down will the slowdown trickle? [25:20] China's demographics have them looking straight into a disaster [29:59] The hottest coming sector for the next 10-15 years in the US [32:50] There are 2 waves of Millennials and the 2nd hasn't entered the workforce yet Websites: www.JasonHartman.com/Masters www.HarryDent.com