Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman starts off the show with Adam discussing the potential of a Balanced Budget Amendment, as well as what a mortgage relief program in Denver is telling us about protecting yourself in a crisis. They also discuss how inflation is creeping in to our life. Then Jason has a client case study with Curtis discussing Curtis' real estate investing journey so far, accumulating 13 properties in the past 3 years. Curtis gives a story about how he dealt with a massive insurance claim and how real estate investing is helping in his long term plans. Key Takeaways: [4:20] The dangers of a balanced budget [8:54] The best insurance is a high loan balance [11:59] Inconspicuous inflation Curtis Hrischuk Client Case Study: [17:32] How bagels got Curtis and his wife into real estate [23:15] Curtis' experience has been incredibly positive so far [26:25] Curtis' local insurance was a life saver for them when property damage occurred [30:34] What are Curtis' plans with his cash flow? [34:47] Curtis had to be "deprogrammed" in order to real estate invest Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 315, originally published in May 2013. Doug Wead has served along side some of the greats in modern American politics. Doug has been close with and written books about several "First Families." Doug's work has been praised by everyone from Ladybird Johnson (wife of LBJ) to former Congressman and Presidential Candidate Ron Paul, whom he served as a senior adviser in the 2012 Republican Presidential Primary. Doug was an adviser for both Ronald Reagan and George H.W. Bush. Wead also worked with George W. Bush for years leading up to his Presidency. Wead has authored more than thirty books, which are known for their primary sources. He has interviewed six presidents and first ladies, nineteen of the presidents children and twelve presidential siblings. During the 2008 Presidential Debates, then Congressman, Dr. Ron Paul impressed Doug Wead with his non-interventionist foreign policy platform and caused him to deviate from the "old right wing" which he had served and written about dutifully for decades. As a senior adviser to Dr. Paul during the 2012 campaign for President, he was regularly featured on CNN, MSNBC and Fox News where he defended Paul's foreign policy and monetary policy, among others. Since the end of the 2012 election cycle, Doug Wead and Ronnie Paul Jr., eldest son of Dr. Paul, have teamed up to form The Liberty Networking Project. They are dedicated to providing those in the self-dubbed "Liberty Movement" with an opportunity to profit from the unprecedented level of net-based enthusiasm and connectedness generated during the 2008 and 2012 grassroots Presidential campaigns of Congressman Paul. Website: www.DougWead.com www.LibertyNetworkers.com

Jason Hartman starts off the show discussing the changing economy and how economic prosperity isn't usually good for human character. Too many people start taking advantage of being able to make the easy sell and stop playing the long game, only focusing on the short game. He also explores the impact golf courses are having to property values as many are shut down across the country due to lack of interest. Then Jason talks with Parag Khanna, author of The Future is Asian and founder of FutureMap, about what's really going on in regards to the trade war and its impact on Asia (which doesn't just mean China). The two discuss the role of technology in killing jobs around the world and Asia's impact on global consumption growth. Key Takeaways: [2:36] Times of economic prosperity are not good for human character [4:48] Golf courses are shutting down, which is causing massive property value drops and need to figure out what to do with the land [7:53] Buildings are going up in China in around 90 days Parag Khanna Interview: [11:21] What is Connectography? [16:13] The premise of The Future Is Asian [19:23] Parag can tell you who's going to win a trade war with China [21:17] Technology is killing jobs a lot faster than trade is [25:48] Most of the consumption growth is coming from Asia [29:38] International competition is getting bigger and bigger, making any missteps even costlier [35:38] Companies are shifting entire operations overseas to take advantage of those markets, but that's not necessarily a bad thing for America Website: www.JasonHartman.com/Masters www.ParagKhanna.com

Jason Hartman talks with Matt Taibbi, contributing editor at Rolling Stone and author of books such as Griftopia and The Divide, about bubbles. The two explore how Fed policy has been leading to bubbles throughout the years, how Wall Street is designed to take advantage of the average citizen and what we can learn from the history of bubbles. Key Takeaways: [6:15] Will we learn how little we actually need the government by the time this shutdown is over? [7:40] The government doesn't need to be in all these industries Matt Taibbi Interview: [12:51] There's a pretty decent path from Fed policy to bubbles [17:21] How the Great Recession came into being [21:57] Institutions have learned how to create a bubble to profit from, but then also be prepared to make money when their own bubble bursts [26:04] As long as trades are occuring Wall Street is making money [27:54] How investment bankers are auctioning off America's infrastructure [32:34] What is the investor's lesson from the bubble machine? Website: www.JasonHartman.com/Masters www.Taibbi.SubStack.com www.RollingStone.com

Today's Flash Back Friday comes from Episode 190, originally published in November 2010. Jason Hartman talks with Guinness World Record Holder, David Farrow on this "every tenth show" where we'll explore how to improve memory and concentration. If you're like most people, you're constantly forgetting things. People's names. Where you put the keys. Even things you read just moments before. Your mind is like a cluttered attic with information tossed everywhere and little hope of finding anything quickly. You can create a mental filing system that not only categorizes and organizes information, but also lets you retrieve it instantly, whenever you need it! Who am I? I'm the world's foremost expert on memory and a two-time Guinness World Record holder. His program is designed to teach people like you to do what he can do – remember the names of people I met only once, always know where I put important objects like my keys, recite whole passages from books, word for word, and so much more. Using his techniques, hundreds of people like you are learning new languages, memorizing important scriptures and quotes, and even improving their vocabularies. With techniques that are easy and effective, you can double your reading speed and more. Never lose your car keys or other valuables again Get people's names right every time, and avoid embarrassment Quote scripture, famous people or even song lyrics perfectly Pick up new languages in mere weeks Ace exams by retaining everything you study Deliver flawless speeches and presentations from memory Impress people with your mental Rolodex of phone numbers Using my breakthrough visualization techniques, I've trained thousands of corporate executives to excel in business, helped military officers and government agents remember critical pieces of information and even taught Academy Award-winning actors how to avoid blowing their lines! Dave Farrow is the world's foremost memory expert and a two time Guinness World Record Holder. He invented the MILLIONAIRE MEMORY program to teach people like you to do what he can do: remember names and important numbers, learn new languages, memorize scriptures, quotes and speeches, and more. Dave points to himself as proof that incredible mental improvements are possible. As a child, Dave was diagnosed with two learning disabilities: ADHD and dyslexia. He struggled in school and had trouble keeping up in class. Out of frustration, he began an intense search for a way to overcome these challenges and, as a result, discovered the breakthrough techniques that helped him become the Guinness World Record holder for memorization. To earn that title, Dave memorized the order of 59 decks of cards. That's 3,068 cards! Dave admits, "Your memory might never be quite that good, but I personally guarantee you'll see dramatic memory improvements using my simple techniques." Website: www.DaveFarrow.com

Jason Hartman and Adam start the episode discussing Modern Monetary Theory and if it's applicable to our economy today. They also discuss Jeff Bezos' impending divorce and answer from Souji about transferring conventional loans into a trust. Then Jason finishes his talk with Mike Zlotnik about investing in "Opportunity Zones". The two implore the listener to vet your sponsor before investing, not invest just for tax purposes and aligning your interest. Key Takeaways: [5:23] Adam's been learning about Modern Monetary Theory lately, so what is MMT? [9:05] MMT's explanation for why more money doesn't cause inflation [12:25] The impact of the Jeff Bezos divorce [17:49] Listener question about conventional loans and trusts Mike Zlotnik Interview: [22:50] Don't make the deal just for tax benefits. The deal needs to make sense BEFORE the tax benefit [27:20] Your fund manager needs to have some skin in the game [32:13] It's important to understand what a quality sponsor is [34:16] The 2 major layers to pooled money investments [36:49] Alignment of interest Website: www.JasonHartman.com/Masters www.BigMikeFund.com

Jason Hartman opens the episode with Adam talking about the upcoming Meet the Masters event. The event is coming up in March and the two reflect on last years and lessons learned. Adam discusses what he learned about property management that he's implemented in the last year. Then Jason talks with Venture Alliance member Mike Zlotnik about the new trend in real estate investing, which is "Opportunity Zones". The two discuss what they are, when they can be a good idea, how the funds work and some potential tax implications. Key Takeaways: [2:16] Opportunity zones are the new hot topic, so make sure you watch out when investing in them [6:49] Lessons from Adam's first Meet the Masters [10:11] Some things Adam got in regards to his relationship with his property manager from the discussions at last years Meet the Masters [13:27] You have to push back at things in life and hold people accountable [16:46] Listener question from Christina about her land purchase Mike Zlotnik Interview: [24:37] Mike's thoughts on deals in opportunity zones [27:44] How funds work when investing in Opportunity Zones [31:55] How are fund managers being successful getting people to invest [35:29] Some potential tax implications Websites: www.JasonHartman.com/Masters www.BigMikeFund.com

Jason Hartman talks with in house economist Thomas about a lot of things that happened to the housing market and the economy in general during 2018. They also look at some trends that will continue into 2019 and some new trends that could be rising in the new year. To round out the show, Adam has this month's Mortgage Update, discussing the Fed's recent decision to raise rates, what rates investors can get for their loans today, and what the Fed's strategy might be moving forward. Key Takeaways: [3:14] Has the rise of Airbnb impacted the high end rental market? [6:07] Thomas' assessment of 2018 [10:16] $5 trillion of wealth has evaporated but Thomas doesn't think it's enough to trigger a recession [13:44] The 3 presidents who presided over the most rate hikes [15:40] One sentence to remember about 2018. [18:04] What should we expect from the Fed in 2019? [22:50] The credit spread between junk bonds and investment grade bonds are still in a healthy area [24:45] January Mortgage Update with Adam [29:30] Activity in MBS suggests mortgage rates may improve [32:15] The Fed has rapidly raised rates so that they can taper rates if they slow the economy down too much Website: www.JasonHartman.com/Properties Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 836, originally published in May 2017. Jason welcomes fellow investor and client Gary Pinkerton back to the show. Gary describes his experiences with tenant turnover, how he reduces costs by using durable replacement materials and some preventative measures he uses to ensure tenants are satisfied in his properties. Gary and Jason also discuss the benefits of two-year leases with built-in rent increases and how immersing yourself in the investor culture (by attending Venture Alliance and JHU's) can make you the best investor you can be. Key Takeaways: [05:08] Free market economics makes America is the land of abundance. [09:30] How to reduce "tenant turn" without spending a lot of money with Gary Pinkerton. [15:32] Two-year leases with built in rent increases. [17:27] Management companies commonly keep late fees much like a payday loan business. [23:09] How to minimize the cost of tenant turnover and make your property durable. [30:11] A service like Home Advisor is an inexpensive way to self-manage. [37:45] Gary will attend the Venture Alliance in Mastermind in Chicago and JHU and Property tour in Oklahoma. Mentioned in This Episode: Renter's Warehouse - Get 3 free months of property management with this link. Jason Hartman Women Investing Network (WIN) Home Advisor Real Estate Tools Property Tracker Venture Alliance Mastermind

Jason Hartman starts today's show talking about the all important need for everyone to adjust for inflation. You can't just take old numbers and use them in today's world, you won't find the right lesson from them. Later he inspects a recent CNBC story about the New York housing market (and high end real estate in general). Then, Jason talks with Keith McIntosh, President of McIntosh & Associates, LLC, about protesting your property taxes for your rental properties across the country. Keith explains the different ways you can protest your taxes, why the government big data doesn't get it right all the time, and more. Key Takeaways: [3:32] Always be adjusting for inflation [9:49] CNBC story on the New York city real estate pullback and whether it's a general or specific pullback. [13:13] Rent control stagnates the market, just like articially low interest rates stagnate people's movement [18:01] The building of new affordable homes just isn't happening Keith McIntosh Interview: [23:34] The property tax process & the 3 typical opportunities to dispute [30:00] How does the process with Keith's company work? [32:24] Why is Keith's "big data" different/better than the tax assessors? [37:07] Is there a non-automated product available? [39:24] How much people are usually able to save when protesting their taxes using Keith's data [41:36] Protesting your taxes gives you a cumulative effect over the years Website: www.JasonHartman.com/Masters www.HomeTaxSavings.com

Jason Hartman takes the final episode of 2018 to discuss the current market softening and what's happening in the high end housing sector. He also explains why sometimes things like a government shutdown can provide opportunities for businesses. But the second half of the show is a challenge for you as you're setting your New Years Resolutions. Jason challenges you to sometimes do things that make your life harder, to set goals (like most of America doesn't), to write the goals down and share them with those close to you. This will help you achieve your goals and get you closer to financial independence. Key Takeaways: [4:03] Either the high end or the low end housing market starts faltering first during each cycle, and this time it is definitely the high end [6:40] Everything tries to get bigger, so when the government is in session there are always new laws being put in place. So maybe the shutdown isn't the worst thing to happen [11:03] The Peter Principle: we all reach our level of incompetence [16:45] How Jason's mom's time as a social worker formed her political views [19:52] Do things to make your life harder, intentionally, to challenge yourself...OCCASSIONALLY [26:01] 80% of Americans have no goals at all [29:06] You need to involve others in your goals Websites: www.JasonHartman.com/Masters www.VentureAllianceMastermind.com

Today's Flash Back Friday comes from Episode 831, originally published in May 2017. Jason records this episode from Europe where he is thoroughly appreciating Capitalism. He reminds us, to get rich, we must take consistent, prudent risks. Understanding proformas and having the ability to analyze real estate deals will pay off in long-term cash flow. And, using leverage allows you to do more with less. During the Four Pillars of ROI clip, we learn about the sometimes underappreciated tax benefits of income property investments and hear a new investor recommend investing with Jason's company. Key Takeaways: [03:03] The hidden pillar of ROI is inflation-induced debt destruction. [04:34] Jason doesn't understand why millennials beg for Socialism/Communism. [11:26] The Venture Alliance Mastermind in Chicago is coming up in June. [13:52] The college experience is much like the European experience. [17:02] The way to get rich is taking prudent risks. [24:18] Look forward to the future, appreciate the past but live in the future. The Four Pillars of ROI Live Clip: [28:37] How to Analyze a Real Estate Investment - free video. [31:33] Appreciation amplified with leverage. [34:42] Victor shares his thoughts about pulling the trigger and building his income property portfolio. [42:17] Recognized tax benefits of income property investing. Mentioned in This Episode: Renter's Warehouse - Get 3 free months of property management with this link. Jason Hartman Real Estate Tools Property Tracker Venture Alliance Mastermind

Jason Hartman takes today's post-Christmas episode to go over some of the news from one of the most news-filled holiday seasons he can remember. There's a clash going on right now between the government (mostly Trump) and the Fed, but is it really such a good idea to let a non-governmental organization have so much control over our money? Jason also looks at how the changing demand for debt is impacting real estate investors, as well as how getting rid of your outdated technology (like keys) can improve your self-management. Also, buy your tickets today for the upcoming Meet the Masters event in Southern California! Key Takeaways: [3:14] This is the most economically newsworthy filled Christmas Jason can remember [7:06] You may not think it's a good idea to have the government interferring with the Fed, but do you really want our currency run by an independent, unaudited thing like the Fed? [12:27] What does the change in demand for debt mean to us as real estate investors? [16:55] Has there been collusion in EU bonds? [22:37] Why you should be using smart home technology Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Jason Hartman talks with investment counselor Doug about the holiday season and what Warren Buffett can teach us with his investing strategy. A good deal is a relative term, and you have to look at the deal both today and in the future in order to see if it's truly a good one. The beauty with real estate is that, unlike investing in companies, is that it's a simple asset class that doesn't involve constant market corrections and adjustments. The two also discuss the idea of a portfolio analysis and makeover, as well as how a market downturn might impact the new influx of institutional investors. Key Takeaways: [8:04] Most good deals are in the rear view mirror [11:37] A clip on Warren Buffett's investing strategy [13:46] Don't sit around waiting for the deal to come to you. Find a quality product with demand (at a price tha tmakes sense) and buy it [18:51] Unless companies, there's no need to re-invent your house every few years. It's a simple asset class. [20:18] Why you want to understand things like interest rates and money supply [23:27] Why you need to do a portfolio makeover [27:17] The next market downturn will show us how institutional investors will react Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 690, originally published in June 2016. Jennifer Kahnweiler, Ph. D. is considered to be the Champion of Introverts. She is a Certified Public Speaker and a best-selling author. She has written three great books, The Introverted Leader: Building on Your Quiet Strength, Quiet Influence: The Introvert's Guide to Making a Difference and her latest The Genius of Opposites: How Introverts and Extroverts Achieve Extraordinary Results Together. During this interview, she alludes to the true differences between introverts and extroverts, what make introverts so special and how introverts can enhance your organization. Key Takeaways: [2:05] A look at the Driverless Cars to Fuel Suburban Sprawl article. [8:04] A video resource to help you analyze an investment property and understanding a performa using cap rates as a metric. [12:46] Which is a better investment one with Tenant Improvements or a Full Service Gross lease? [16:05] Kevin Kelly Audio short: The Emergence of Singularity. Jennifer Kahnweiler Guest Interview: [20:15] How is Shyness different from Introversion? [22:55] How does someone know if they are an introvert or extrovert? [25:03] There is a lot of prejudice which exist against introverts. [29:26] All of us need to flex, Introverts and Extroverts alike. [31:20] How can introverted leaders and managers increase their influence in their roles? [36:07] Does a person's gender come into play when someone is trying to carve out their path? [38:44] All must respect each other's talents to make a partnership truly thrive. [41:05] Discussing the 5 themes of successful partnerships. Mentioned in This Episode: Venture Alliance Mastermind Jason Hartman Hartman Education Jennifer Kahnweiler @jennkahnweiler on Twitter

Jason Hartman starts today's episode talking about some important changes happening at HUD that Jason believes will make a positive impact, as well as differences in rent between Millennials and Generation Z. Then Jason finishes his interview with The Real Estate Guys, as the two discuss the impact rising interest rates and energy prices will have on the blue collar workers you're renting to, as well as the socialization of the mortgage industry and why the government is poisoning industries. Key Takeaways: [1:55] Ben Carson is doing some good things at HUD [5:39] Some new changes to Jason's thinking if you live in a state with good homestead protection [10:58] Generation Z is expected to outspend Millennials on rent Real Estate Guys, Part 2 [17:10] What happens with interest rates and energy is going to be driving things in the short term, because it hits middle income Americans the hardest [21:12] Technology can disrupt many different sectors, but the need to sleep under a roof isn't one of them [23:18] The socialization of the mortgage industry [26:37] When you introduce a non-profit (government) option into a for profit market you poison the well [31:02] Think on a big level, but act locally [31:30] Rock Island, IL Property Profile Websites: www.RealEstateGuysRadio.com www.JasonHartman.com/Properties Rock Island Property

Today's show is all about the changing real estate investing scene. Be wary of anyone who's telling you that things like completely passive income exists and that you can make money today just like you could in the past. Things are changing quickly. Jason Hartman talks with the Real Estate Guys, Roger Helms and Russell Gray, about just that, as the 3 discuss the emergence of the institutional investor in the single-family home market and what that means moving forward. They also look into what's causing the current housing shortage, as well as the impact short-term rentals are having on the high end market and how the new tax code is impacting housing. We wrap up the episode with a property profile with Adam of a home available in Cleveland, OH. Key Takeaways: [3:27] Get yourself invited to Indian weddings. Jason talks about his experience at client and booker Naresh's wedding #Narvani2018 and the great talk about real estate and the economy with other wedding guests. [5:26] Be careful investing right now, times are changing [7:34] The influx of institutional investors has brought some good new tools to all income property investors Real Estate Guys Interview: [10:01] The Real Estate Guys thoughts on institutional investors in the single family housing market [13:32] A lot of the institutional money isn't being put into the greatest of deals [16:00] Institutional investors take the cash flow, but are more focused on appreciation [18:21] We have an impending housing shortage, which is causing the trend toward build-to-rent [22:21] The tax code is written in a way to drive behavior [27:33] Property Profile by Adam Website: www.JasonHartman.com/Masters www.RealEstateGuysRadio.com www.JasonHartman.com/Properties Cleveland, OH Property

Today's Flash Back Friday comes from Episode 824, originally published in May 2017. This episode demonstrates the versatility of the most historically proven asset class income property. Jason breaks down its multiple dimensions and the various factors which can be used to prove that income property is the best investment you can make. During the client case study segment, Ani Wee tells her story of monetary and portfolio growth from her income property investments. She uses the Hartman Network to find opportunities, to gather information and to engage with like-minded people. Key Takeaways: [03:30] Money matters! [08:06] Why you should immerse yourself in the most historically proven asset class. Client Case Study Ani Wee: [21:29] During the market crash Ani was looking for options when she came upon the Creating Wealth Show. [23:29] She started investing in real estate after reading Rich Dad Poor Dad but she didn't know what she was doing. [25:36] Ani receives yellow postcards on the first property she bought from the Hartman network. [30:41] Ani's duplex in Florida appreciated from $79K to over $150K and her RTV ratio increased. [36:35] Comparison, income and replacement cost are the three basic approaches to appraisals. [38:34] Don't be afraid to push back on property management issues. [41:18] Ani will be doing a 1031 exchange on her properties in hybrid and cyclical markets. [44:36] Don't wait to buy real estate and outsource your debt to your tenants. Mentioned in This Episode: Jason Hartman - Watch the Free Video on How to Understand a Pro Forma Venture Alliance Mastermind

Jason Hartman talks with Ryan Moran, founder of www.Capitalism.com, about assets. The two decipher the difference between paper and real assets, and why you should really just be using one to get more of the other, as well as looking at some indicators that are potentially pointing at a correction being on the horizon. Ryan and Jason also go in to a discussion on whether student loan debt should be forgiven, why Ryan thinks it's a terrible idea, the importance of having economic indicators you can trust, and more. Key Takeaways: [5:03] What you're really trying to do is take your paper assets and get real assets that create cash flow [9:28] Is there a big, quick, correction in paper value coming? [14:11] Is student loan debt forgiveness a good or bad idea? [16:24] When you get rid of economic pain you get rid of economic indicators [18:36] It's ALWAYS a good idea to buy good assets at good prices [20:18] December Mortgage Update [26:30] Property Profile: Davenport, IA Website: www.Capitalism.com www.JasonHartman.com/Masters Property Profile: Davenport, IA

Jason Hartman takes today's episode talking with new investment counselor Doug about several economic signs that have been potentially helpful for real estate investors. The first area of focus is surburban real estate. Rent increases in the suburbs have been climbing faster than in urban areas and the RV ratios out there are nearly always better. Then the topics drift to more economic data coming out that includes an inverted yield curve, negative equity and a decline in quarterly sales for Toll Brothers. Finally the Property Profile is from Kansas City, MO. Key Takeaways: [4:23] Rents have been rising significantly in the suburbs [9:09] RV ratios are almost universally better in the suburbs [13:56] Have it clear in your head what "winning the race" means [16:07] Buyers are spending more time looking for their home [17:53] Toll Brothers announced their first decline in quarterly sales in over 4 years [20:12] Negative equity can cause price spiraling, which thankfully we aren't seeing [26:11] What is the inverted yield curve telling us? [27:56] Kansas City Property Profile Website: www.JasonHartman.com/Properties CW 1095 Property Profile

Today's Flash Back Friday comes from Episode 815, originally published in April 2017. It's a wonderful time to be alive, especially if you are an income property investor. New technologies allow investors to self-manage properties all over the U.S. no matter where in the world they are located. Jason speaks with Merrick Lackner the Co-founder of Rently and Rently Keyless. Merrick describes the mechanics behind turning your rental properties into smart homes to give you more control over showings, energy consumption costs and the general well-being of your properties as well as the cost of installation and maintenance. Key Takeaways: [03:07] Changes in property management and increased returns from investments. [04:34] Do you know which billionaire lives in a trailer park? Merrick Lackner Guest Interview: [09:21] Merrick saw the need to improve on the showing of rental properties. [12:57] Merrick describes the different options Rently offers. [20:48] How the Rently process is coordinated for the renter and the landlord. [25:30] The smart matching program includes a background check. [26:58] Rently Keyless Entry gives real estate investors more control over their properties. [30:10] How much does Rently Keyless cost to install and maintain? [33:02] Rently offers different access for renters and owners to reduce liabilities and provide privacy. Mentioned in This Episode: Jason Hartman Jason Hartman University Zappos Real Estate Tools Rently Rently Keyless

Jason Hartman reports from the 2018 IMN conference with guest Robert Nickell, as the two discuss the latest in real estate investing. Specifically they look at the impact of institutional investors and "iBuyers" on the market today and how the massive influx of cash has created more stupid money than usual. The rate of iBuyers continues to grow as more and more capital is raised, and all of that money is driving up home prices to the point where the "built to rent" phenomenon is making more and more sense. Key Takeaways: [3:10] Fragmentation has kept the big institutional investors out of single family real estate investing, but the direction currently is leading them in to the market [6:51] The impact of internet real estate companies [12:10] Many of these iBuyer platforms and institutional investors are raising tons of money, but aren't actually making any [17:02] The deal rarely looks great when you buy it, it looks great in the future [17:30] The rate that iBuyers are purchasing is driving up prices [20:20] Some investors get rid of their bad properties by simply selling them to iBuyers [22:15] The build to rent phenomenon [24:46] Property Profile Website: www.RocketStation.com www.JasonHartman.com/Properties The PropertyCast

Jason Hartman opens the show discussing the need for real estate investors to be flexible with their investment strategies. As conditions change, so too must your approach. What worked 2 years ago might not work today, so invest differently today. Then Jason talks with Mitch Stephen, author of My Life and 1,000 Houses, on Mitch's start in real estate, the importance of not having 100% occupancy, how to determine if your market is overbuilt, doing due diligence, and more. Key Takeaways: [3:02] As real estate investors we have to be flexible and adapt to our changing environment [8:23] We need to keep our mind clean, our mindset clean, so avoid contaminating people [10:59] Slowing sales doesn't necessarily mean a downturn in the market, it could simply be a lack of inventory Mitch Stephen Interview: [16:27] Is self-storage overbuilt? How Mitch tries to minimize his competition [21:54] Self-storage facilities can go up really quick, is it better to buy an existing or build a new one? [26:35] Jason's revelation about commercial vs self-storage real estate back in 2010 [30:09] Why you never want to be full in any sector of real estate investing & what you should do if facilities in the area are full [33:38] Some of the due diligence Mitch does when looking for a facility to buy Website: www.REInvestorSummit.com http://1000Houses.com My Life and 1,000 Houses: Failing Forward to Financial Freedom

Today's Flash Back Friday comes from Episode 809, originally published in March 2017. During this case study, client Vernon Grant offers up a classic example of a situation you or your parents may be in right now. Vernon asks Jason for investment guidance on the two properties his parents own that are in vastly different markets. It's all about the numbers, as Jason breaks down each property by its rent-to-value-ratio (RTV) and the existing debt structures of each. Jason reminds investors to consider depreciation offsets, refi-til-ya-die options and the beauty of renting. Key Takeaways: [2:15] If your property doesn't have good RTV ratios consider selling or refinancing. [10:43] Vernon has been around property investing his entire life. [12:00] Vernon needs Jason's advice about how to handle his parent's properties. [14:23] It doesn't matter where your property is, RTV ratios are almost always the same. [17:51] The New York market is a cyclical market and may be on the verge of being overvalued. [25:12] Jason offers the Refi-til-ya-die as an alternative to selling. [28:35] Why do we trust the advice of strangers more than we trust the advice of our friends and family? [32:33] It's important to examine the existing debt structure of the properties. [34:09] A 1031 exchange may help offset depreciation taxes. [36:37] How does an investor know when it's time to 1031 exchange or to refinance? Mentioned in This Episode: Jason Hartman Jhart88 on Voxer Real Estate Tools

Jason Hartman starts this 10th episode discussing the changing rules for investors, and how to make sure you're playing by the new ones that will actually make you wealthy. Old rules no longer apply because the world has changed completely in the last few decades. Then Jason talks with Joel Comm, author of the new book The Fun Formula and host of the Bad Crypto Podcast, about his new book The Fun Formula and how subtle changes in our thinking and routine can enable us to design the life we truly desire: one of significance and joy. They also discuss why he's bullish on cryptocurrencies and blockchain, the changes blockchain will bring to our society, ICOs and more. Key Takeaways: [3:50] Are humans smarter than monkeys? [5:03] Worst case your real estate portfolio is a forced savings program [10:09] The old rules worked because there were scarce goods and a scarce world. That doesn't exist any more Joel Comm Interview: [18:19] The origin of The Fun Formula [22:30] You have to leave an opening in your life for the world to fill in some gaps [26:20] Joel is bullish on both blockchain and cryptocurrencies [27:35] Blockchain is going to be more disruptive than the smartphone [31:30] Big money is coming in to cryptocurrencies, what are they doing right now? [35:17] The current state of the ICO market Website: www.FunFormulaBook.com The Bad Crypto Podcast

Jason Hartman takes today's episode to discuss some of the big issues in the real estate world. One of the biggest is the rising cost of labor that is causing rising construction costs that is causing a squeezing in the multi-family development. In regards to multi-family, however, we're also seeing an increase in apartment inventory, which is starting to reach scary levels. Jason also goes over some important economic news and ends with Og Mandino's Mission Success. Key Takeaways: [3:38] No service and no people is a common theme in service businesses these days [7:58] Increased labor costs are squeezing the multi-family development pipeline [12:31] The apartment inventory is starting to get scary, with supply getting excessive [21:19] Uncertainty over Brexit has caused people to seek safe haven in bonds [25:52] Og Mandino's Mission Success Website: www.JasonHartman.com/Properties Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 774, originally published in January 2017. The 19th annual Meet the Masters of Income Property is just three short weeks away. This revamped event will feature breakout sessions, top shelf speakers and in-depth discussions about what the rising inflation rates will mean for real estate investors. Jason's guest is John Simpson. Mr. Simpson invested in the trailblazing Rent Reporters before it's official launch because he believed in the business model. He now runs the company as CEO and is the corporate cheerleader to this fairly new, progressive company. Mr. Simpson shares the benefits of his service to both renters and landlords, how to participate in the process and testimonials about the benefit to those this service has affected positively. Key Takeaways: [2:01] Rising interest rates is just one of the subjects we will be discussing at the Meet the Masters of Income Property Event. [3:36] Erin sent in an article from the Kiplinger Letter about the future of the economy and inflation. [9:49] What will Trump do to light the economy on fire? [13:20] Garrett Sutton will be speaking at the 19th Meet the Masters Event. John Simpson Guest Interview: [16:54] Before Rent Reporters there was no mechanism for tenants to get credit for their on-time rent payments. [18:35] The benefit to renters is clear, but what is the benefit for landlords? [20:05] This service makes the renter more accountable. [21:36] The top 3 factors that determine a credit score. [24:54] Many renters have no credit score or they are invisible. [27:16] A landlord will be able to see renter's payments for the past two years. [32:27] Landlords are incentivized monetarily to get new clients for Rent Reporters. [38:22] The statistics that back the Rent Reporters business model. Mentioned in This Episode: Jason Hartman The 3 Dimensions of Real Estate Rent Reporters

Happy Thanksgiving (a little early)!!! Jason Hartman starts today from his Aunt Joanie's house discussing a recent trend among her renters: lease breaking. Joanie has noticed that several of her tenants seem to be jumping in to the buy side after they had given up over the summer. Jason and Joanie discuss why this might be and the correlation between rents and home prices. Then Jason talks with Diana Butler Bass, Ph.D. in religious studies and award-winning author of 10 books including her newest, Grateful: The Transformative Power of Giving Thanks. The two dive in to why being grateful is important, both for the community and the individual. Diana explains the 4 dispositions of gratitude and the health benefits that come from being grateful. PLUS, don't forget to take advantage of Jason's massive Black Friday/Cyber Monday Sale! Key Takeaways: [4:01] People are starting to break leases more often [7:02] Fear of loss is more powerful than desire for gain [9:26] Rents and prices are inversely correlated [11:23] Why Aunt Joanie got into real estate Diana Butler Bass Interview: [16:15] Gratitude actually makes you healthier [21:34] Gratitude functions out of our higher brain, whereas fear functions out of our primal brain. It also helps things in you physically like blood pressure [24:39] The world has changed and we need to stop acting solely from our fear instincts [25:37] The 4 dispositions of gratitude [30:06] Play isn't just about competition, it's about appreciation, movement, and celebration. Ritual celebrations of thanksgiving are important parts of our culture Website: www.HartmanEducation.com www.DianaButlerBass.com www.Twitter.com/DianaButlerBass

Jason Hartman starts today's show by discussing the enduring asset that is real estate. Buildings you see that have been there for decades, if not centuries, still make money for their owners. Then Jason answers some more mortgage FAQs, including financing multiple properties at once and what a Power of Attorney can do for you. Then Jason talks with Paul Moore, author of The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing, about what demographics are telling the two of them about the next decade for landlords, as well as home ownership rates and the current habits of both baby boomers and millennials. Key Takeaways: [2:47] Income property is an enduring asset class [6:37] More mortgage FAQs: can you finance multiple properties at the same time? [10:37] Can a Power of Attorney sign for you for your investment properties? Paul Moore Interview: [14:11] How the demographics for the next decade looks for landlords [16:09] Where Jason believes home ownership rate should be [18:24] The faster growing demographic of renters is the baby boomers [21:24] Millennials are renting in large numbers, partially thanks to the portability society [25:20] What investing really is and other investment philosophies Website: www.WellingsCapital.com The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing

Today's Flash Back Friday comes from Episode 825, originally published in May 2017. Jason welcomes Pat Donohoe back to the show. Pat is the President and CEO of Paradigm Life and host of the Wealth Standard podcast. Together, Jason and Pat analyze a Wall Street Journal article which addresses lower mortgage rates and how the lower rates may affect the already 'hot' real estate market, how autonomous cars will create a resurgence of the suburbs and how the upper middle-class is rethinking retirement based on the trend of extended life spans. Key Takeaways: [02:22] Wall Street Journal audio clip relating to the current housing market and interest rates. [04:42] Zillow and isolated locations, like LA, with inflated housing values. [11:35] Supply and demand in the rental property market. [14:53] The Wealth Standard Radio and Paradigm Life contact information. [15:36] The resurgence of suburbia will come with autonomous vehicles. [19:28] A warning about spending money on high priced real estate. [25:41] Reinventing retirement based on the cost of living longer. [29:17] The 401k was never really meant as a retirement plan. Mentioned in This Episode: Jason Hartman Longevity and Biohacking Show Venture Alliance Mastermind Zillow Wealth Standard Radio Paradigm Life Unlimited Wealth: The Theory and Practice of Economic Alchemy by Paul Zane Pilzer

Jason Hartman starts today's episode by answering more of the mortgage FAQs that were started in episode 1083 that were spawned from the recent Profits in Paradise event. He looks at his idea of Refi Til Ya Die and what it takes to finance your first 10 properties. He also unveils the Ring Doorbell/Amazon Echo contest winner(s)! Then Jason finishes his interview with client Drew Baker. This time the two tackle cryptocurrency, higher education, the investment landscape as it stands today, and the appreciation vs cash flow dilemma. Key Takeaways: [4:22] You need to either create your own mastermind group or join one if you are looking to improve your lot in life [10:09] Can you do a cash out refinance of your investment properties? [13:18] If your credit score is over 720 you need to borrow more money (assuming that you're borrowing for investment purposes that is) [15:42] Can you finance a primary residence regardless of how many investment properties you own? [17:55] The Ring Doorbell/Amazon Echo contest winners Drew Baker, Part 2: [21:37] A 1 world cryptocurrency would be terrifying and allow governments to inflate as much as they wanted [26:25] The college tuition bubble [29:24] What should investors be looking at today? [35:02] People tend to look at appreciation over cash flow because it's "sexier" Website: www.JasonHartman.com/Properties

Today's episode starts off with Jason Hartman, in the car, back from Hawaii. He tackles the average length an American stays on the job these days, how technology is changing our buying habits, and starts answering some mortgage FAQs he's been getting lately. Then Jason talks with client Drew about a mistake he made in self-management that shifted his views on contracts, as well as exploring dividend stocks and the economic disaster that is Argentina currently. Key Takeaways: [6:46] Digital camera shipments are down 80% thanks to smartphones [8:20] Mortgage FAQ #1- Can you finance more than 10 properties? [9:43] You only need a 620 to finance your first 6 properties, then a 720 for properties 7-10 Drew Baker Interview: [13:18] A mistake Drew made that made him realize it's important not to deviate from the contract [17:32] Love or hate Trump, he's been good for the economy [21:50] Dividends may sound great, but they're not the most stable [27:05] The currency of today is just getting in front of people [31:30] Argentina has an economic disaster every 10 years Website: www.JasonHartman.com/Contest

Today's Flash Back Friday comes from Episode 773, originally published in January 2017. Welcome to Creating Wealth 2017! The most important takeaway from today's conversation is to start investing in real estate income properties now. If you already have an existing portfolio beef it up. Time is short and the longer you own a property the more money you make. Preserve your financial future. On today's show, Jason brings Naresh back after an 8-month absence to discuss the benefits of smoking, the problem with the financial media in the U.S. and the farce which is making money on tax liens and deeds. Naresh also shares his findings from his recent trip to Cuba. Key Takeaways: [1:35] If you haven't started your real estate portfolio and secured your financial future the best day to do it is today. [5:03] The benefits of smoking include being social. [14:00] Thinking critically and holding opposing thoughts on the same subject shows a high level of intelligence. [15:56] Drinking the kool-aid is easier than doing your homework when investing. [17:34] The problem with the financial media is the people delivering the news are not business people. [24:37] How to make money from investing in tax liens and deeds and why it's not a good idea. [35:11] Naresh shares his experiences from his recent visit to Cuba. [42:28] One of the few things Obama did that Jason agrees with is opening up Cuba. Mentioned in This Episode: Hartman Media Jason Hartman Creating Wealth Episode 417 Biohacking and Longevity Show Holistic Survival Podcast Venture Alliance Mastermind Meet the Masters of Income Property

Jason Hartman starts this episode with a look at former Fed Chairman Alan Greenspan's most recent article outlining his concerns with our current economic situation. Greenspan is concerned we're headed toward stagflation, so what would that do to the average real estate investor? One sector that could potentially get hit is short-term rentals, so Jason investigates one of his big concerns on that front. Then Jason finishes his conversation with Scott A Shay, co-founder of Signature Bank and author of In Good Faith: Questioning Religion and Atheism, about the degradation of ethics and character, and how we can reverse the course our nation is still on that idolizes money and power. Key Takeaways: [3:40] Alan Greenspan's new article highlights some of his concerns about our economy [7:19] The graying of America [9:34] Greenspan says Stagflation is coming, so what does that mean for real estate investors? [14:17] What concerns Jason about short-term rentals Scott Shay, Part 2 [20:45] There's a degradation of ethics and character today [25:26] How do we fix our current idolatry of money and power? [30:00] How Adam Smith and Chapter 19 of Leviticus are similar Website: www.JasonHartman.com/Contest www.InGoodFaith.com

Jason Hartman starts off today's 10th episode taking a look back at this weekend's Profits in Paradise event as well as the Venture Alliance Mastermind experience with his guest Pat Donohoe. The two discuss the importance of asset protection and the impact of high tax jurisdictions. Then Jason speaks with Dr. Gina Loudon, co-host of America Talks Live on NewsmaxTV, certified hypnotherapist, founding writer at Breitbart and official Trump campaign surrogate, spokesperson to Donald Trump's 2016 Presidential campaign and member of the President's 2020 Media Advisory Board. The two discuss the political divide that's present in today's society and whether it's worse now than it's been in the past. They also discuss the 3 types of people in the world and how President Trump is one of the most misunderstood people on the planet. Key Takeaways: [5:21] People will leave high tax jurisdictions eventually, it takes some planning [8:12] The return on investment for going to events like Profits in Paradise are incredible [11:54] Asset protection was one of the main themes over the weekend Dr. Gina Loudon Interview: [16:17] We frequently forget to look at the WHY all this division is going on [19:18] Are we really divided more now or is it all just sensationalized? [24:29] The USA is actually living in the most healthy, happy, prosperous and safest times in history [29:13] The monologue media vs the dialogue media [30:29] The 3 types of people in today's world [34:30] Gina says President Trump is one of the kindest and loyal people she's ever met Website: www.JasonHartman.com/Contest www.DrGinaLoudon.com

Jason Hartman starts today's episode from the beaches of Hawaii, discussing booms and busts throughout history, the definition of an investment, while also recapping this past weekend's Profits in Paradise event. Then producer Adam has the November Mortgage Minutes with one of Jason's lenders, as the two discuss what impact the market pullback has had and where rates are going. Then Jason talks with Scott A Shay, co-founder of Signature Bank and author of In Good Faith: Questioning Religion and Atheism, in Part 1, about the dangers of our society becoming more cash averse, the degradation of ethics and character, and Glass-Steagall. Key Takeaways: [3:32] Take care of the money thing, get the money thing otu of the way in your life, because money will ALWAYS be an issue [6:41] There have been booms and busts all throughout history; the best way to prepare is to follow Jason's 10 Commandments [9:19] How to tell if something is an investment Adam's Mortgage Minutes: [14:41] The pullback in the market hasn't impacted the mortgage market like you'd expect [18:51] The people who got foreclosured on in the great recession are now able to borrow again, but the great rates have vanished so they're not in position to borrow again Scott A Shay Interview: [22:54] Even after everything we went through in the Great Recession, the banking industry is more consolidated now than it's ever been [25:45] 60% of bank mergers result in a destruction of bank value [29:54] The history and purpose of Glass-Steagall [32:40] Our society is becoming more and more cash averse; what does this mean for us moving forward? Website: www.JasonHartman.com/Hawaii www.InGoodFaith.com

Today's Flash Back Friday comes from Episode 798, originally published in March, 2017. Thomas J. Anderson joins Jason to discuss the value of debt. Mr. Anderson is the Founder and CEO of Supernova Companies and author of The Value of Debt series of books. He has broken down life into four financial stages and gives his recommendations for the amount of debt a person should have at each stage to reach a balance between life span and money span. Mr. Anderson says too many people take on oppressive debt too early in life and the right amount of debt can be a powerful tool. Key Takeaways: [1:55] Details of the upcoming Venture Alliance Mastermind in Las Vegas and the Memphis Property Tour. Thomas J. Anderson Guest Interview: [5:26] All debt is not created equal. [6:53] Companies have optimal debt ratios because they value the liquidity, the flexibility and the tax benefits of their strategic debt. [8:43] Thomas describes the 4 stages of life and the optimal debt recommended for each. [18:04] People need inflation, appreciation and income on assets working for them over a 30-year period of time. [20:29] Real estate investors should learn the game of staying power. [22:13] During economic downturns, those with more debt benefit the most. [26:33] Debt structured the right way eliminates the need for massive returns. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind The Value of Debt Supernova Companies The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth

Jason Hartman takes today's intro to discuss an interesting development with India's Central Bank that has some pertinence to what's going on today betweeen President Trump and the US Federal Reserve, as well as examining why business owners and landlords are two of the most successful classes of citizens. Then Jason talks with Chuck Hattemer, Co-Founder & CMO at Onerent, about how their technology is changing the property management game. Chuck and Jason discuss the big problems that face investors and renters, and how Chuck aims to solve those problems, including how they're attempting to eliminate vacancy losses. Key Takeaways: [4:06] India's Central Bank chief may resign after disagreements with what the government was instructing him to do [7:47] Wealth and income are now concentrated between business owners and landlords, which is a club becoming harder to join Chuck Hattemer Interview: [14:49] What is Onerent? [19:03] The biggest problem Onerent sees is fragmentation [24:47] Who is Onerent competing with? [26:04] The next phase of real estate and what services are coming up in the space [30:59] The industry is becoming more and more refined and efficient, which should excite investors Website: www.Onerent.co www.JasonHartman.com/Contest www.JasonHartman.com/Properties Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's episode features Jason Hartman looking at some economic data that's come out in regards to the housing market, and what that means for us as investors. You must be wary of misleading statistics and keep in mind that, even after you close, a real estate deal is never done. Listen in as Jason introduces you to the unconventional thinking when it comes to the demise of Sears for commercial real estate investors and more. Key Takeaways: [3:40] A look at one potential rental income property [9:02] Be mindful of misleading statistics [11:14] There's a difference between appreciation and capital improvement that will skew the comparable sales in a neighborhood [13:59] When you purchase a piece of income property, the deal is not final [19:35] The interesting part of the demise of Sears in regards to landlords of shopping malls [22:54] The Appraisal Principle [26:57] Over 75% of Americans view renting as more affordable than owning a home [32:11] Don't let the tail wag the dog when it comes to your investments Websites: www.JasonHartman.com/Contest www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 744, originally published in October, 2016. A local market specialist in the Jackson, Mississippi area joins Jason to share details of what makes Jackson a great place to live and to invest. Those looking for blue collar or white collar work are likely to find it in Jackson as employers abound. The well built, low-cost properties have a high RV ratio and the regulatory climate is landlord friendly. Brick on slab construction and agreeable climate make rehabbing lest costly and do-able year round. Key Takeaways: [1:36] There is plenty of work and money goes farther in Jackson, Mississippi [4:10] Details of Jackson's regulatory environment and landlord friendliness [5:19] Who are the target tenants of Jackson and who employs them? [7:43] Typical house prices, cost to rent and what is included in a rehab [10:44] Classifying the properties based on cost to buy, building type and school district [13:30] After inspections, properties are upgraded and rehabbed with durable materials [15:46] A 6-month warranty on rent and upkeep is standard with this local market specialist [16:31] Jackson Mississippi has exceptional RV ratios. There are plenty of low-priced homes which collect high rents. Websites: www.JasonHartman.com/Contest www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Jason Hartman talks today about the expansion of credit in the past 50 years and how that's impacted our economy. There's also a look at Trump's war of words with the Fed, why you should stock up on low rate mortgage assets, and why a booming economy is a noisy economy. Key Takeaways: [3:40] You should be stocking up on low, fixed rate mortgage assets [6:56] The modern expansion of credit started somewhere in the 50s [10:56] The battle between Trump and the Fed is an important one to watch, because the Fed may be tightening too fast [15:30] Make it part of your 5 year plan to get some shelter from high taxes [19:22] Rising mortgage rates are like rent control and keeps people in their homes [20:27] Construction costs have climbed 31% in 6 years [23:01] A booming economy is a noisy environment [27:24] Some listener Q&A Website: www.JasonHartman.com/Contest www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Jason Hartman starts the episode with a reminder to follow the commandments, and to make sure that you don't go into investments just because of their tax benefits. Then, Jason talks with Joe Melendez, Founder & CEO of Value Insured, which features a new product that can reimburse homeowners up to their full down payment if the market went down when they sold their house. The two discuss the lack of inventory in the entry level home market, the hazards of regulation on today's market, and how Value Insured is able to work to help home owners. Key Takeaways: [4:7] A word of caution: do not choose an investment JUST because of the tax benefit Joe Melendez Interview: [9:22] The entry level home market has been completely shut out from new home construction [12:47] How to encourage builders to builder entry level homes [16:42] Where is all the manufactured housing that people have been expecting? [19:35] Equity insurance for the homeowner [26:09] The math behind the equity insurance [30:55] $60/year for equity insurance seems to say that Joe is bullish on the housing market. Is that true? [34:03] When will the equity insurance for investors be available? Website: www.ValueInsured.com www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 729, originally published in September 2016. Jason, Fernando and Oliver make up today's expert panel. They are discussing self-management options for your income properties. The experts agree, a great property management company is worth their weight in gold but it is also important to be educated about your self-management options. The panel shares information about companies who use technology to save you time and money through automating tedious tasks, best practices to improve home interiors without spending a fortune and what types of tenants are the best types of tenants to have. Key Takeaways: [3:40] Jason and Fernando discuss the flooring options available at an income property expo in Mesa, Arizona. [9:19] Kwikset Kevo bluetooth locks make it easier for self-management of income properties. [16:57] Jason recommends adding a little color to the interior walls of your income properties. Self-Management Panel: [20:33] Is self-management easier than having a property manager? [23:27] The road to self-management and maintaining a good relationship with your tenants. [28:00] The flat rate fee system makes self-managing properties easier. [32:47] Property managers are reluctant to take legitimate fees out of a tenant's security deposit. [37:06] Ask your property managers to lower their costs if you are realizing the value. [40:11] Using Cozy makes rent collection and viewing tenant profiles easy. [44:35] Disintermediation is getting rid of the middle man. [49:10] Rently allows tenants to do their own showings with only a credit card. Mentioned in This Episode: Jason Hartman Real Estate Tools Venture Alliance Mastermind Hartman Education Cozy Rently

Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today's interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we're starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact. Key Takeaways: [4:54] Real estate is so tax favored that it can become a bit of a trap, where you have to pay some serious taxes if you want out of the game [9:52] There are signs of a shift in the marketplace, but thanks to Commandment #5 it doesn't mean much to us Mike Zlotnik Interview: [13:18] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace [16:29] We've been spoiled by artificially low interest rates [19:17] The inverse relationship between cap rates and prices [23:53] A real life example of the impact of higher interest rates [27:53] We live in a world where the Federal Reserve and the Treasury don't have to make sense [33:09] Can the US government afford high interest rates? [37:24] Why are rates going higher? [40:26] How to prepare for higher rates Website: www.BigMikeFund.com www.TempoFunding.com www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Jason Hartman starts today's episode with his friend Matt Andrews, as the two discuss why they enjoy real estate and how they discover new ways to produce profit in their real estate deals, as well as the need for you to prune your portfolio. Then, for his 10th episode, Jason talks with Angela Duckworth, Founder & CEO of Character Lab, former advisor to the White House, World Bank, NBA & NFL teams, and author of the new book Grit: The Power of Passion and Perseverance. The two delve into what character and grit are and the steps you can take to improve yours. Key Takeaways: [3:21] The practice of "pruning" [7:06] As you progress along your real estate journey you'll continue to find ways to profit on your deals. Angela Duckworth Interview: [9:57] Are we in a crisis of character moment in history? [13:37] Is character an absolute or constantly in flux? [18:57] One reason why the wicked don't prosper [21:31] What is grit and how do you develop it? [24:53] If you want to be different, be consistent [28:54] The steps to becoming gritty Website: www.CharacterLab.org www.AngelaDuckworth.com www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 722, originally published in September 2016. Today's guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin'. Key Takeaways: Harry Dent Guest Interview: [5:07] Something for nothing is an unattainable goal. You can't just print free money! [6:10] Why doesn't the US have significant inflation with the exorbitant amount of money creation? [7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP! [11:02] Banks create debt and then get free money. It will be painful, but necessary to deleverage the debt. [16:15] The everyday house is the best investment option when the bubble bursts. [19:01] The uber rich will get slaughtered during the next debt bubble crisis. [20:51] The wealthy Chinese will be are laundering money and buying US real estate. [22:57] 240 million rural migrants are trapped in Chinese cities with no hope for the future. [27:22] Fracking will be the next debt default in the US. [28:45] Deflation is a sign a financial bubble is bursting. [31:30] We are living in a Keynesian economy. We are addicted to financial drugs and we can't kick the habit. [33:12] Interest rates are going up for bonds and mortgage rate will come down. Mentioned in This Episode: Jason Hartman Harry Dent The Demographic Cliff Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later. Key Takeaways: [3:18] It's important to think about the next recession BEFORE the next one [9:37] Inflation numbers really started to be manipulated during the Stagflation years [14:05] What you see when you compare the 30 year mortgage rate to existing home sales [18:26] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general? [20:01] What does the trade war mean for inflation? [27:01] How rising interest rates effect different aspects of home buying Website: www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast

Jason Hartman starts off today's show talking about the disaster that is the American political system, as well as the truly remarkable thing that's happening in the US economy right now that's not getting enough attention. Then, Jason plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors. Key Takeaways: [5:12] Politics have become a complete fiasco [6:33] What's going on in our economy is nothing short of a miracle, the bottom 10% of society have seen their wages grow 5% [10:52] Automakers are starting to do more parts of their manufacturing in the USA Cash Flow Presentation: [15:41] The entitlement society isn't going to change, so align your interests [17:25] We must understand the motivations of governments and central banks [19:24] The 6 ways the government can deal with the looming entitlement bill [27:04] The most likely solution the government will choose [30:43] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young Website: www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast From Kavanaugh's Hearing

Today's Flash Back Friday comes from Episode 717, originally published in August 2016. The sharers, or those who participate in the sharing economy, are many. They are a huge untapped segment of opportunity for real estate investors. Jason summarizes Mike Willinger's article, I Am a Sharer. Will the sharers create the next big real estate bubble Harry Dent cautions us about? And, taxes are the single largest expense in a person's life. If you are a real estate income property investor or considering becoming one this episode is for you. Jason plays a comprehensive audio clip from Garrett Sutton's book, Loopholes of Real Estate. Jason details and defines the important terms and identifies the caveats so you can be the most informed investor you can be. Key Takeaways: [1:47] Jason relays Mike Willinger's article about sharers. [9:08] Will there be a resurgence of suburbs? The autonomous vehicle may make them popular once again. [11:08] Harry Dent is predicting a real estate bubble. The questions is which markets will be affected? [13:30] The US has a rigged corporate media system. [15:54] Who is your favorite tax preparer? Are they Enrolled Agents? [18:26] Beginning of the audio clip from Garrett Sutton's Loopholes of Real Estate. [24:13] To qualify for the real estate professional tax incentive you must spend more time your real estate business than in any other business. [31:12] Property Tracker software makes it easy for real estate professionals to track their time. [33:40] The Property Fixer app can assist the professional property flipper. [35:38] Upcoming events include the Venture Alliance in Seattle and the Software and Buying event in Phoenix. Mentioned in This Episode: Jason Hartman Hartman Education Venture Alliance Mastermind Real Estate Tools Property Tracker Software Corporate Direct Suttlaw

Jason Hartman talks with George Gilder, author of Wealth & Poverty, Knowledge & Power, The Israel Test, The Scandal of Money, Life After Google, as well as being an investor, writer, economist, and info-theorist, about his newest book, Life After Google. The two discuss how society is shifting when technology continues to change, as well as how blockchain is going to disrupt the entire thing anyway. George also addresses the entrepreneurial spirit in America and what to expect in the next 5-10 years Key Takeaways: [2:48] What is the Wealth Simulator? [6:24] Doug is excited to see how people's different risk appetites create different scenarios in the Wealth Simulator at Profits in Paradise [9:38] It's important to realize the value of an idea George Gilder Interview: [14:38] What is Google Marxism? [19:22] Since many of Google's services are free, their learning may be slower than other companies [21:32] Google's ultimate goal [22:26] What will the future look like in 5-10 years with blockchain technology continuing [26:02] The cryptocosm offers is a new architecture for the internet [29:25] The entrepreneurial spirit is alive and well in China, more so than in the US [34:49] What Life After Google offers Website: George Gilder Books on Amazon www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa Flash Briefing The PropertyCast