Creating Wealth Real Estate Investing with Jason Hartman

Today's episode features Jason Hartman covering a wide range of issues. The topic of conversation ranges from the coming singularity, what it is, when we might see it, etc, then branches into more on the discussion about Automated Valuation Models (AVMs) and whether they're are the precursor to reckless valuations like we saw before the Great Recession. Jason also looks at the unfortunate situation Venezuela finds them in, with both rampant inflation and a natural disaster on top of it creating serious issues for the citizens of the nation. And finally Jason listens to some of his favorite investigative journalists work as he discusses why investigative jouralism is important and how it is connected to his 3 guiding principles. Key Takeaways: [3:07] The approaching singularity [7:47] The database Jason was wondering about in relation to Automated Valuation Models exists with Fannie Mae/Freddie Mac [10:05] Appraisers are a dying industry because the older ones are retiring and the hoops new appraisers have to jump through are hindering new hires [11:45] Will AVMs cause reckless valuations to return? [14:11] The IMF has announced that inflation in Venezuela this year alone has been 1,000,000% [17:07] Asset price inflation is not a part of the inflation index in the USA, which is a big deal [22:17] The 2 major problems of the humble single family home [26:11] Investigative journalisms ties to Jason's principles of how you can't hear the dogs that don't bark, compared to what, and what gets rewarded get repeated Website: Profits in Paradise Jason Hartman's Alexa News Briefing The PropertyCast John Stossel

Jason Hartman welcomes his mom back to the show to discuss self managing properties and how to find the best deals when you have to make repairs. The two also talk about what kinds of addendum she's adding to leases recently, rising rents, job numbers and more. Key Takeaways: [2:12] Small business confidence at 35 year high [5:38] Job numbers are not showing an impact from the trade wars [8:14] There's legitimate wage growth for the first time in 4 decades, which is great for all Americans (and our economy) [10:33] Jason's mom has been able to raise 4 of her tenants rent by $100 a month [13:03] Have tenants have changed over the years? [16:10] How his mom gets good deals and aligns the tenants interest with her own [20:12] "You get what you pay for" is not true for much (if anything) in life [24:14] The kinds of clauses Jason's mom is putting in her leases to protect herself from unruly tenants [29:24] How to build a great relationship with your tenants Website: www.JasonHartman.com/Properties www.Zumper.com

Today's Flash Back Friday comes from Episode 568, originally published in September 2015. The sharing economy will certainly change the game in the manufacturing sector but we do not yet know what affect it will have. Considering the normal adaptation lag time and the conversion nuances of each new innovation real estate investors must watch closely as the upcoming game changers come to fruition. Major economic indicators such as unemployment rates and the housing market will be closely monitored. Real estate investing may be entirely different than it is today. Key Takeaways: [2:01] How real estate investors can design their portfolios in the current govt. environment [3:24] 3 Cardinal rules of real estate - Location, location, location [3:57] What is the labor content fallacy or the zero sum game [5:11] Proving Supply side economics or trickle down economics [6:25] Looking at economics by way of technology [8:09] The self driving cars will hurt high value land owners [9:06] An audio clip about self driving cars [10:41] Automotive Industry experts expect an 8 year replacement cycle [11:28] The average car is used only 4% of the time [12:45] How will autonomous driving services affect the auto industry [14:38] A game changer for real estate [15:33] Naresh is skeptical about the dates [18:00] The typical city or town is 40% parking [19:11] Will people need to get in a car and go to work [21:36] A safety app [22:34] Will there be high unemployment or will technology fill in the gaps [25:21] Digital goods basically exhibit a zero cost of production [28:01] Real estate investors normally don't consider what the future may hold [29:25] Jason's private mastermind group, Venture Alliance's Newport Rhode Island trip Mentions: Walk me home app Medium WhatsApp JasonHartman.com Venture Alliance Mastermind

Today's episode is all Jason Hartman, as he goes through several of the big (real estate) news stories of the day. First there's a new development at the US Department of Housing & Urban Development that could increase housing availability and reduce home values (at least in the short term). Then listen in as Jason tells the current story of his commercial property refinance and all the bumps (and fees) that come with the arduous process. Finally we get to the Fed and interest rates. Jason takes a look at some of the Fed's moves from the past, how they have changed their original charter, and what's happening with interest rates because of that. Key Takeaways: [3:17] There's a homelessness crisis in many cities around the country [6:39] The Department of Housing and Urban Development is trying a new tact that may have a slight downward pressure on real estate values [11:18] HUD is changing the way it determines how communities are enforcing the fair housing act, including relaxing zoning restrictions [15:51] The adventure that is Jason's apartment re-finance [21:03] Cyclical markets are cooling but linear markets are still booming [26:02] The Fed was supposed to be control the quantity of money, but they morphed into being in charge of interest rates [29:04] A basic reason to raise interest rates Website: www.JasonHartman.com/Properties Profits in Paradise Jason Hartman's Alexa News Briefing The PropertyCast

Jason Hartman starts today's show off back in the car with Carmen discussing some news he's seen recently. Inflation continues to creep up, apparently into the range that makes Central Banks happy, but Jason wants to know why we even have to see inflation, and explains what impact that will have. He also discusses the changes in America (and the history of marketing) that turned us into a consumer spending economy and the squeeze on American manufacturers currently happening. Then Jason finishes his interview with Dr. Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, as the two wrap up their conversation about Automated Valuation Models (AVM). This time the two discuss the wide range of uses AVMs have, how they're going to be changing moving forward, and how short-term rentals are impacting housing markets across the country. Key Takeaways: [5:07] Inflation is rising into the range the Central Bank deems "healthy" [8:39] America is the land built on consumer spending [12:36] American manufacturers are running low on parts Dr. Andy Krause, Part 2 [15:35] What the AVMs do outside of simply valuing individual homes [17:56] The future of AVMs [21:15] The effects of the short-term rental market on the overall housing market Website: www.GreenfieldAdvisors.com www.AVMAnalytics.com www.JasonHartman.com/Events Jason Hartman's Alexa News Briefing The PropertyCast

Jason Hartman starts today's episode with Venture Alliance Member Carmen as the two discuss the possibility of "vacation saturation", what the change in repayment of Jason's loans might mean for the housing industry, as well as labor shortages being experienced in the housing sector. Then we have part 1 of Jason's interview with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down. Key Takeaways: [4:55] Reaching the point of vacation saturation [10:05] An insiders sign on the direction of the market [14:35] There is a massive labor shortage in construction and wages are going up Dr. Andy Krause Interview: [18:27] The biggest AVM people know about is Zillow [19:28] The science (and accuracy) behind current AVMs [22:22] 2 things that are stopping a database from happening that would significantly improve appraisals [26:52] How does the AVM come up with a value? Website: www.GreenfieldAdvisors.com www.AVMAnalytics.com www.JasonHartman.com/Events Jason Hartman's Alexa News Briefing The PropertyCast

Today's Flash Back Friday comes from Episode 490, originally published in March 2015. On today's Creating Wealth introduction, Jason invites Memphis and Little Rock market specialist, Jeremy on to the call. Jeremy talks about his interest in physics and what's going on in these two real estate markets right now. Jason invites Peter Sage from Extreme Entrepreneur to be today's Creating Wealth guest. He is a serial entrepreneur who started his first business at 17. Fernando also joins as guest co-host with Jason and the two ask Peter a series of insightful questions. On the show, Peter shares insight as to why he had a drive to become an entrepreneur, how to find your passion, your why, and much, much more on today's episode. Key Takeaways: 2:30 – Jeremy talks about the double split experiment in physics. 13:20 – What's currently going on in the Memphis and Little Rock market? 18:30 – Jason introduces Peter Sage and Fernando on to the show. 28:30 – Get in touch with what you're passionate about. Ask yourself questions about your life purpose. 39:40 – Why is it that some people struggle to change and others don't? Peter explains. 61:30 – How do we prevent ourselves from falling back into the same old routine? 68:20 – Peter talks about his purpose and his why. 73:20 – Peter talks about his space-based solar power energy project that he started. 78:30 – Pharmaceutical companies are not interested in curing diseases, they only want to maintain them. This current medicine model has to change.

Jason Hartman starts today's episode from the Money Museum, on location at the Kansas City Fed with KC LMS Dave. The two discuss the Kansas City and the Quad Cities rental markets, what you can get for your money in each and what to expect area wise. Then Jason finishes his interview with family office expert Richard Wilson as the two discuss how much money it takes to make a family office, the importance of integrity in business and investing, and which niche domination can be a good strategy. Key Takeaways: [2:58] It only takes 24 minutes to print 10 million new $100 bills [7:00] What are the Quad Cities and what is the market like there? [11:23] The types of repairs being done on Dave's properties to make them turnkey [14:39] The cost of rehabs have gone way up over the past 7-10 years [16:37] Dave's advice for what type of property is the best for an out of area investor Richard Wilson Interview: [21:34] The net worth you need to make a family office worthwhile [25:20] Niche domination as a strategy [29:20] If you don't have a focused approach to investments, and don't do things highly intentional, you'll never have synergy [31:20] You need to have a dashboard and compass as to where you want to go, and it needs to be documented [33:52] Everything in your life and business needs to have integrity Website: www.FamilyOffices.com

Jason Hartman takes some time today to discuss the yield curve and how it's telling us that a slow down might be on the horizon. He goes through the 3 different types of yield curves and the impact all 3 can have on the economy. Negative interest rates are also explained and Inflation Induced Debt Destruction rears its head again as well. Also, don't forget to subscribe to the PropertyCast and get all the new properties first year pro formas straight through your podcast platform! Then, in part 1 of the interview, Jason Hartman talks with Richard Wilson, a family office expert, about what we can learn about investing by looking at what centimillionaires are doing. Key Takeaways: [4:29] What's going on with the yield curve? [9:38] Some back of the napkin calculations on negative interest rates [14:28] The 3 different types of yield curves [18:14] Signs of a turn showing in Orange County [21:59] When the market cools the service providers will become a little more grateful and conscientous Richard Wilson, Part 1 [25:15] Some of the business practices used by centimillionaires [28:58] What a family office really is, and why it's a thing Website: www.FamilyOffices.com The PropertyCast

Today's episode is about one short, simple, beautiful word: DEBT. Fresh off reading/listening to George Graeber's Debt: The First 5,000 Years, Jason delves into the subject matter head first, playing some clips from the book and discussing them in regards to today's world. Key Takeaways: [4:34] The recent history of the rotation of the worst big bank in America, Wells Fargo is currently in the lead and had a computer glitch make hundreds lose their homes [10:06] Why the housing market is actually different this time around [15:10] Some samples from Debt: The First 5,000 Years [25:45] It's incredible how throughout history, conquering nations make money by going in, making "improvements" and forcing the newly conquered people to pay for them, or by making them pay back the money the conquering nation spent defeating them [30:05] The 60s and 70s featured a time where America was prosperous and people were getting cost of living raises and , followed by decades of stagnant wages until Donald Trump Website: Debt: The First 5,000 Years www.JasonHartman.com/Properties The PropertyCast

Today's Flash Back Friday comes from Episode 598, originally published in November 2015. Self-management tools often boast ease of use and shortcuts to save you time but don't always deliver. Cozy and Landlordology are property management tools which offer end to end online self-management solutions. Both tenants and property managers benefit from the monthly automatic rent collection feature as well as the integrated application process. If you think doing a background check along with a credit report will help qualify renters qualifications then sign up for Cozy today. Key Takeaways: Jason's Editorial: [1:20] What time is it? It's an amazing time to be alive [2:44] Income investment strength versus deflation [5:00] Deferring your tax liability [7:02] Inflation induced debt destruction [9:03] Debt transfers wealth from the lenders to the borrowers in an inflationary environment [10:33] What gets rewarded, gets repeated [10:57] Deflation makes debt more burdensome [13:40] Use the voicemail feature at Jasonhartman.com for your questions [14:09] Sign up for the Meet the Masters event in Dubai Lucas Hall Guest Interview: [16:27] Lucas teaches managers how to manage their own properties [18:23] You need to get your message out there - try postlets [19:56] Hire a real estate photographer for great photos of your property [24:44] Going over your general requirements before meeting at the property will save time [26:04] A 2-year lease provides extra security for the tenant [27:34] What is a landlord's open house? [29:28] Possible new tenants can submit an application as soon as they leave the property viewing [31:20] Cozy is an end to end property management platform [35:09] Rent collection can be difficult for property managers [40:47] Property managers can garnish wages to collect back rent [41:51] Automating your rent collection will make it easier for owner and tenant [42:39] Resources are available on Landlordology.com Mention: JasonHartman.com Venture Alliance Mastermind Landlord Ologist Cozy Craigslist Postlets Circlepix Click Notices

Jason Hartman starts off today's episode with a tale of his current lawsuit and the experience it's given him with the legal system. The way our current system is set up nobody wins, and there doesn't seem to be a lot of accountability going on either. Jason also plays some Voxer messages from client Drew Baker about his recent experiences doing self management. After that Jason finishes up his interview with podcast producer Adam Schroeder. This time the two discuss finding repair people, what to expect from property management software, whether to allow grace periods and what kind of late fees to charge. Key Takeaways: [1:57] Nobody wins in our current legal system [6:04] Get the latest properties available from Jason through the PropertyCast [7:38] Drew's experience self managing Adam Schroeder Interview: [13:32] You should have a clause in the lease stating which repairs the tenant is responsible for [17:58] What to expect from property management software [22:01] The importance of an increasing late fee Website: www.JasonHartman.com/Properties www.FreeCourt.com The PropertyCast

Returning guest Adam Schroeder joins Jason Hartman for this episode, as the two discuss the steps for transitioning from professional management of rental properties to self management. Adam and his wife have 3 (going on 4) properties and are thinking that the time is soon coming to venture out on their own. But before doing that there are some important things to do like what information to get from your property manager, what kind of initial contact to have with the current tenant, finding forms and contracts when you're finding/reupping tenants, pet rent, and more. Key Takeaways: [3:36] Why Jason loves a good recession [8:29] Jason's been involved in around 10,000 real estate transactions [13:08] Sometimes removing a property manager actually makes things easier [16:27] The information you need to get from your current property manager if you're going to make a switch [21:26] A way to change your relationship with your property manager rather than completely ending it [24:09] Bad property manager reviews on sites like Yelp might be a good thing, that's why you have to read them [29:23] Insurance: individual policies or a commercial policy? Websites: www.JasonHartman.com/Properties www.WeGoLook.com www.NoLo.com www.RocketLawyer.com www.Buildium.com

Jason Hartman starts today's episode from Germany, on his way back to the land of capitalism, and he couldn't be happier. After nearly a month in Europe seeing the effects of socialism, Jason's ready to get back to the land where people are more motivated and innovation is more apparent. When governments get involved in picking the winners and losers, nothing good comes out of it, and Jason wants to see America avoid the fate of Europe. Then Jason finishes his interview with Dr. Nima Sanandaji, originally begun in episode 1028. The two wrap up the interview discussing where the ideas for Adam Smith's "Invisible Hand" really came from, how the Nordic society actually ended up being socialist (and why it doesn't work in the places it's being tried now), and the dangers of government growth. Key Takeaways: [2:48] Things in Europe are smaller and not as good of quality. We shouldn't become more like Europe, Europe should become more like the USA [5:54] The government needs to get out of the business of picking winners and losers Dr Nima Sanandaji Interview: [8:20] Adam Smith's "Invisible hand" had been described in China and the Middle East thousands of years earlier [11:36] Capitalism: the most successful "religion" of all time? [14:56] The poor immigrants who left the Nordics for America have descendants that are much better off than those who stayed [18:55] Governments can't shrink down. Once they bloat they collapse under their own weight [21:57] The Western world needs to learn from history and go back to free market economic policies with minimal government Websites: www.JasonHartman.com/Events www.Capitalism.global

Today's Flash Back Friday comes from Episode 653, originally published in March 2016. Jason's mom will be attending the upcoming Venture Alliance Mastermind trip to Jekyll Island. She decided to prepare herself by reading the updated version of The Creature from Jekyll Island again. She and Jason review sections of the book and discuss the insanity which is the Federal Reserve and how the entity came to be. You are invited to join Jason and his mother on the Jekyll Island trip as a Venture Alliance member or as a guest. If you attend you will experience a piece of American financial history and possibly have your coffee disturbed by a famous hotel ghost. Key Takeaways: [3:47] Jason's mother's assessment of the book "The Creature From Jekyll Island" and the history of the Federal Reserve. [12:27] The ghosts of the Jekyll Island hotel do more than drink the guests coffee, they pick pockets too. [18:28] Past podcasts guests, Chris Martenson and Bill Bonner agree, the Federal Reserve system is convoluted. [22:38] We all easily pay 60% or more of our income to some sort of tax. [32:36] Listeners must see the 99 Homes, The Big Short and Life and Debt documentaries. [34:11] The government can tax people through taxes or inflation, which is the hidden tax. [40:06] When you invest in income property you align yourself with the Federal Reserve. Websites: Jason Hartman Venture Alliance Mastermind

Jason Hartman talks with Patrick Parry, Orange County realtor & former investment counselor, about what signs Pat is seeing in the Orange County market that give him pause when it comes to the housing market. Days on market have escalated (some rather significantly) in every price bracket, and inventory continues to increase. The two also discuss commercial real estate, and how it's a totally different game (with significantly less room for error) than residential real estate. Key Takeaways: [5:17] Signs the housing market is cooling? [7:29] Time on market has doubled as inventory increases [13:42] The difference in the landlord/tenant relationship of residential vs commercial real estate [18:58] Jason has been flat out lied to by commercial landlords [21:14] You do not have protections in the commercial real estate world, you better have good lawyers and great research [23:25] Commercial investors have a very high tolerance for loss due to vacancy [29:07] The increase in home days on market based on sales price [33:01] People are always looking in the rear view mirror when it comes to markets, except sellers, they're often banking on the greater fool theory when they price their wares Website: www.PatParryHomes.com

In today's intro Jason Hartman looks at a few signs in the real estate market that aren't so rosey, as well as adjusting the Brady Bunch house for inflation and seeing how real estate holds up against it (and why linear markets are the better bet for steady appreciation). Then, in today's 10th episode, Jason talks with Dr. Robert Whaples, Professor and Chair in the Department of Economics, Wake Forest University and co-editor and managing editor of The Independent Review. The two discuss the current Pope's world view and the nature of the Catholic church today. Key Takeaways: [2:21] Are there signs of upcoming trouble? There's definitely been a slow down in the higher end markets [6:11] The Brady Bunch house is for sale, what's it selling for (and compared to what)? [10:14] Linear markets give you more consistent appreciation than cyclical markets Dr Robert Whaples Interview: [14:17] What is Pope Francis' world view? [18:42] How the economy is connected to the environment in the Pope's world view [24:21] Do we need environmental regulations and taxes? [26:08] Have we just exported our pollution? [31:24] Where does the Catholic church come in on the uneven playing fields of markets and oligarchies Website: www.Independent.org

Today's Flash Back Friday comes from Episode 665, originally published in April 2016. Just last year Greg Saylor was a corporate software engineer looking for a reliable investment strategy. He found the Creating Wealth podcast and listened during his long commute. He decided to pick up the phone and call one of Jason's investment specialists. It's now six months later and Greg has six income properties earning him $4000.00 in monthly income. His due diligence partnered with the extensive data resources available on JasonHartman.com have allowed him to get a step closer to financial freedom. Key Takeaways: Jason's Editorial: [4:01] What is your motivator? Do you expend more energy to conserve than to gain? [12:39] Hartman Education is having a big 2-week sale! Greg Saylor Guest Interview: [18:57] Was it the Creating Wealth podcast that got Greg interested in real estate investing? [26:29] The acquiring of the properties had the most components, everything else is pretty straightforward. [27:49] Greg shares the details his first income property deal including the flaws. [35:53] A certain percentage of risk is acceptable as long as you have a solid portfolio. [40:06] Property taxes are one factor which is that varies greatly from market to market. [45:18] Some rules for new investors to follow are to plan for additional expenses, be conservative on your numbers and have a reserve fund. [48:07] The debt to income ratio is an important factor in financing. Websites: Jason Hartman Hartman Education Property Tracker Software

Jason Hartman starts today's episode from Naples, discussing how, despite what you may think, the demise of America is greatly overstated when you start asking the question "Compared to what?". He also brings a morsel of hope to real estate investors, as housing inventory is showing signs of increasing and home owner equity is at an all time high (but fewer owners than ever are stripping that equity). Then, in part 1 of the interview, Jason talks with Dr Nima Sanandaji, author of the new book The Birthplace of Capitalism - The Middle East, about how capitalism originally began in what is now Iran and Syria, and how the golden age of the Middle East was during the times of capitalism. Key Takeaways: [1:46] Think the US is in decline? Well, compared to what? Because Europe isn't doing that great either [7:41] Keep everything in perspective when you think your problems are huge [13:00] Inventory could increase a bit in the near future [16:03] Home owners have an estimated $5.8 trillion in accessible home equity, but fewer are taking cash than in previous eras Dr Nima Sanandaji Interview: [19:16] Birthplace of capitalism (the original form) was in what is now Iraq and Syria [22:36] The golden ages of human civilization in China and India was driven by capitalism [26:33] The ancient Persians were very free market oriented [29:52] The irrigation for the Middle East was paid for by farm collectives, not the government, spurred on by strong private property rights [33:27] Cyrus the Great believed the government's only role was to maintain private property and voluntary contract Website: www.JasonHartman.com/Properties www.JasonHartman.com/Events www.Capitalism.global

Jason Hartman is joined by Venture Alliance member Carmen today in Naples, as the two discuss the importance of music on society (and why it might be more important than monetary control), why complaining is actually important, and some good book recommendations for those interested in learning more about the economy and real estate. Jason also explores the current single family rental demand and what the demographics are looking like for the next 10 years. Key Takeaways: [2:50] North Korea is sitting on $6 trillion of mineral assets [8:07] Give Jason control of the music and he cares not who controls the money or makes the laws [11:46] You have to be a complainer when people wrong you [15:31] Some good books Jason recommends [20:44] No place on Earth or time in history has big, intrusive, high tax, government burden made life better for citizens [25:02] Single family demand: 57% of renters are renting single family houses Website: www.JasonHartman.com/Properties Profits in Paradise

Today's Flash Back Friday comes from Episode 785, originally published in January 2017. During today's episode, Jason shares his appreciation for the ability to self-manage rental properties and the dis-intermediation of single family home sales. The Chief Product Officer for Key Please, Adam Lorentzen joins Jason to describe the sought after service of landlord free, self-showings of rental properties. The Key Please business model focuses on automating the self-management process for owners as well as making the process as easy as possible for renters. Key Takeaways: [1:34] Self-managing a property from a distance is possible [4:16] Wall Street Journal article "Blackstone Wins Fannie's Backing for Rental Home Debt" [7:20] President Trump has a lot of energy and will be good for the American economy [11:21] We will soon see the easing of landlord problems Adam Lorentzen Guest Interview [16:05] Key Please helps owners automatically self-manage their properties with 3 tools [21:33] Adam is surprised by the number of users embracing the Key Please service [23:42] Adam describes the process for the renter and the property owner [29:10] The simple hardware has a deeper level of security than wifi or cell-based systems [31:56] People who view the properties can provide anonymous feedback [33:20] This service is for property owners who want flexibility in how they manage their properties [36:51] Key Please wants to assist small property owners and renters in the near future Website: www.JasonHartman.com/Properties www.Twitter.com/AdamElevate

Jason Hartman starts off the show from Croatia discussing the difference in investing when there are private companies involved versus when the government is involved. With private companies you know what you're going to get, they're going to follow supply & demand and try to maximize profits. With governments, however, they're much more of a wild card, which can make successfully investing more difficult. Then Jason talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution. Key Takeaways: [2:53] You can predict what private companies will do pretty easily, the government is a wild card [6:39] An invitation to Profits in Paradise in Hawaii Bill Janeway Interview: [9:32] How the thesis of the 3 player game came about [13:29] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy [17:22] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened [19:26] Wherever there's a market for assets there will be bubbles [25:10] Why the digital revolution made Bill extend his book [32:09] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution Website: www.JasonHartman.com/Events www.BillJaneway.com

Jason Hartman does episode 1024 from the bow of a yacht outside of Croatia with Venture Alliance member Carmen. The two discuss inflation's impact on everything from our savings to our real estate, how to deal with trolls in business (and the lawsuits that inevitably follow), and the need for a side hustle. In the second half of the show Carmen and Jason discuss her Amazon business, which includes how Carmen sources product, the trials of selling on Amazon, and how your business should evolve over time to stay relevant. Key Takeaways: [6:13] Inflation destroys the value of our savings, but thankfully it also destroys our (real estate) debt too [9:41] Technology is making office and retail real estate almost irrelevant [12:44] Why Jason let someone not pay him on a note for 11 years [16:10] Are patents even worth it these days with the speed of the world? [20:58] Life is messy, it's how you handle it that's important. Stay away from the get rich quick stuff. [25:15] Get a side hustle if for no other reason than to have more tax writeofffs [31:28] You have to evolve with your business [36:41] Outlets like Amazon have allowed control of the marketplace to leave board rooms and let individuals call the shots Website: www.CBAccessories.us www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 783, originally published in January 2017. Jason's guest, Patrick Donohoe is the CEO of Paradigm Life. Paradigm Life is an insurance-based financial services company. Patrick shares his thoughts on the recent political changes and how the U.S. economy will be affected, he shares his thoughts on the new administration with a high-level worldview and he recalls his recent experience at the Meet the Masters of Income Property event in California. Key Takeaways: [3:05] The caliber of people at the Meet the Masters of Income Property event was a high point [5:52] Foxconn will bring manufacturing back to the U.S. due to Trump's business savvy [12:28] Patrick doesn't believe charity to foreign nations is in the best interest of the U.S. [16:23] It will be fascinating to see how Trump deals with the past, present and future [20:49] Trump will inject adrenaline into the U.S. economy [23:50] Paradigm Life is an insurance-based financial services company [28:18] A stock market rally is a short-lived business cycle [30:51] Patrick describes how he makes the right investment and performs due diligence when acquiring properties. Website: www.ParadigmLife.net www.JasonHartman.com/Properties www.VentureAllianceMastermind.com

Jason Hartman takes a turn to the listener mailbag while talking with Kerry Lutz, founder of the Financial Survival Network. Today's topics run the gamut from when to rent your personal residence, how RV ratios work around the world, how to work with Jason, and how to get OUT of the real estate game as you get older. Key Takeaways: [2:41] Why Jason has long believed the idea of public unions is ridiculous [6:27] The stigma between renters and home owners seems to be disappearing, if not already completely gone [9:54] Mason's question on renting his primary residence [18:42] RV Ratios apply world wide [19:23] How is depreciation unwound? [24:58] Is it wise to put 100% down on a property if you have the cash? Website: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com AIPIS 207 -Prices, Rents, and Interest Rates

Jason Hartman spends the episode talking with Kerry Lutz, founder of the Financial Survival Network, as the two discuss the ever important issue of preparing for the NEXT recession (because we all know there's going to be one eventually). The two discuss the importance of using debt prudently, how the banks were active participants in the mortgage meltdown, how to find true asset prices, and more. Key Takeaways: [7:45] Planning for the next recession [13:06] We are in a boom economy, so what do we need to be reminded to watch out for? [16:59] Check your home insurance renewals carefully [24:13] Debt is your friend, and if managed properly it always offers options [28:24] The banks are active participants, not victims, in these mortgage meltdowns and recessions [34:21] If the lending dried up in any asset class the price would adjust to the real market value Websites: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com HS 267 - How to PROSPER! As the World Falls Apart with Chris Martenson

Today's Flash Back Friday comes from Episode 640, originally published in February 2016. Jason starts things off with his thoughts on cycles of opportunity, autonomous cars, and information about how you can win free tickets to the next JHU event. The JHU event will highlight how to evaluate properties for the most historically proven asset class in the world. And returning guest, Dan Millman who is the author of 17 books, talks about his new book "The Four Purposes of Life". He shares his special life calculator which utilizes the numbers from your birth date to enlighten you about your life path. This information can help guide you on your journey. Key Takeaways: [4:32] The opportunity cycle when supply exceeds demand requires sorting [10:00] The autonomous cars will be virtually everywhere, it's a game changer [14:45] The problem with statistics [18:57] Land contract options available [21:15] Evaluating properties at the next Jason Hartman University Live event Dan Millman Guest Interview: [24:25] Writing The Four Purposes of Life [26:29] What are the Four Purposes of Life? [28:56] Purpose #4 - Attend to the arising moment [34:15] Increase your quality of presence [35:55] Purpose #1 - Learn the lessons of life a little more gracefully [39:51] Purpose #2 - The difference between your career and your calling [43:04] Purpose #3 - Discover life's path [47:45] All of my books have their own purpose [48:25] 12 required courses in the school of life Mentions: Jason Hartman Way of the Peaceful Warrior Insurance.com Property Tracker Property Evaluator App The Four Purposes of Life The Way of the Peaceful Warrior The Creative Compass Life Purpose App A Life you Were Born to Live Everyday Enlightenment

Jason Hartman has a solo episode today as he explores some recent news stories and examines a few items of the day. Venturing all over the topics, Jason mulls over why it's pretty common for the most popular economists to have the worst economic ideas (a la Karl Marx) and why the best economic ideas have the most disliked economists. Which leads to the question, what stupid ideas are we as a society embracing today? He also discusses the Supreme Court ruling that will somewhat level the field of retail as online retailers are now able to be taxed by the states, giving at least some form of a light at the end of the tunnel for retailers. Other topics of the day include the cost of terrorist protection, technology vs inflation, preventing identity theft, and the potential beginning of the demise of a massively overvalued (in Jason's mind) company. Key Takeaways: [4:54] The economists who present the best economic views are not the most popular [7:39] What totally stupid ideas are we embracing as a society today? [13:08] One massively overvalued publicly traded company today [16:39] The tax field was significantly leveled last week [21:14] The battling forces of inflation and technology [24:22] Why you need to shred EVERYTHING with a cross cut shredder [26:45] If you can geoarbitrage, make a conscious choice to live in a higher quality location with a lower cost of living and low or no state income tax [32:57] The demographics coming at the rental housing market in the next 10 years are nothing short of phenomenal Website: www.JasonHartman.com/Properties

Today's episode is all about jobs. Jobs that are vanishing to be precise. Jason Hartman takes a look at a Business Insider article that discusses 41 jobs that are disappearing in today's world. Not surprising, many of them involve middle men/women. Then Jason finishes his interview with Ben Way, CEO of Digits, about how technology (robots in particular) will be changing the way we think of things throughout our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back? Key Takeaways: [3:47] Real estate investing is really just investing in packaged commodities [8:31] One of the jobs that is going away is Executive Secretaries and Executive Admin Assistants, and why it matters to real estate investors [13:09] Technology makes it easy to disintermediate, leading to middle man jobs going away Ben Way, Part 2 [18:59] How do the logistics and hard drives of robots work? [22:10] The plethora of information is making kids more risk averse [25:51] The two things we get wrong when it comes to education Website: www.RainmakersGlobal.com

Today's Flash Back Friday comes from Episode 491, originally published in March 2015. Jason invites Diane Kennedy on the show to talk about taxes and how to save you money. Diane is an experienced CPA and helps her clients all over the world with their taxes, accounting, and investing. The main subject of today's focus is why you should get real estate professional status, the benefits it provides, and what you need to do in order to qualify. Key Takeaways: 2:40 – The government takes a big cut whenever you sell stocks and precious metals, but that doesn't happen with income property 7:40 – Diane explains what the charitable remainder trust is 13:05 – There are three tests you need to qualify in order to get the real estate professional status 20:00 – What is the an aggregation election? Jason explains 29:50 – If you have a property manager, it's going to be hard for you to qualify. It is best in this case to self-manage your properties 34:15 – This stuff is complicated! Get advise from a good CPA and attorney before it's too late 36:00 – Why do you even want to get real estate professional status? Jason breaks it down 42:30 – The government wants you to own property. They are even incentivizing you for it Website: www.USTaxAid.com

Jason Hartman starts off the show by discussing alligators, both real life ones and real estate ones, and how we need to avoid both. As we go through life, it's easy to look back and say "If only I'd invested then", so the current you should invest for the sake of future you. Then, Jason talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society. Key Takeaways: [2:07] A trivia fact about real alligators, and avoiding real estate alligators [5:07] The short term trends are what gets people, because you have to allow for 2-3 years [10:19] Naresh's realization that real estate was a worthy investment [14:11] Invest for your future because there will be a time that you will say "I wish I'd started back then" Ben Way Interview, Part 1 [18:40] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency [21:55] How the 1 year hedge is made possible [26:10] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different? [29:42] What people forget about automation Website: www.JasonHartman.com/Properties www.RainmakersGlobal.com

Jason Hartman begins today talking about a recent article on Globe St that discussed the 7 ways Generation Z will impact the commercial real estate world. Jason also discusses how it also impacts residential real estate. Then Jason finishes his interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss the lack of home inventory and why the loosening of credit regulations isn't going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live. Key Takeaways: [3:58] Education is the shortest distance between poverty and wealth [6:56] Generation Z is going to bring the suburbs back [12:27] What the shift back to suburbs will do to companies Matthew Gardner Interview: [16:58] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory [20:09] Factors that could trigger the next business cycle recession and what the next recession might look like [24:27] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth? [24:18] Millennials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad [27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further Website: 7 Ways Generation Z Will Change CRE on GlobeSt.com www.Windermere.com/Economics

Today's Flash Back Friday comes from Episode 692, originally published in June 2016. This episode starts out with an introduction on buy downs and then finishes up with a live recording of Jason's session on SWOT aka Strengths, Weaknesses, Opportunities, and Threats, as they apply to the most historically proven asset class in the world. Jason explains why the imperfection and fragmentation of the U.S. real estate market make it a beneficial investment vehicle and why it outperforms Wall Street and stocks every single time. Key Takeaways: [2:50] What is a buy down? [8:34] Looking at a real life example of points and how they affect your loan amount. [16:07] Should you buy a rate down or is it better to put more money down? [22:59] Why Wimpy from Popeye was a fantastic economic teacher. [25:38] Real estate is a fragmented investment class but this is why it's a good thing. [38:59] Weaknesses of income property include property management and rent collection. [41:45] Regression to replacement cost is different than appreciation. [46:10] What are some threats to income property values? Mentions: Jason Hartman Hartman Education

Jason Hartman starts off the show giving President Trump credit where credit is due, and that's in regards to the summit in Singapore with North Korea. Trump has been able to get them to the negotiating table, which no other US president has been able to accomplish. Then, Jason gives a little warning about one of the scariest companies in the world today, Facebook. In the interview portion today we have the first half of Jason's interview with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment. Part 2 of the interview will air tomorrow. Key Takeaways: [2:31] Give credit where it's due, Trump got the meeting with North Korea, that's historic [8:45] All the (scary) ways Facebook is gathering your data Matthew Gardner Interview: [13:42] What's Matthew's take on what's going on in the macroeconomy [16:30] What's going on with new home development? Will there be any break in inventory shortgage? [20:43] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens [24:18] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad [27:04] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further Website: www.Windermere.com/Economics

In today's episode, Jason Hartman is joined once again by Financial Survival Network's Kerry Lutz. The two discuss some important news coming out of Washington these days, and that's the continued dismantling of the Dodd-Frank Act. As you know, Jason has long believed that the election of Trump would lead to this, and now it appears to be picking up steam as Obama holdovers are being replaced by Trump's people. Jason & Kerry also turn their attention to the importance of protecting yourself from identity theft, as identity theft recently left one woman in jail for 7 weeks until she could prove herself innocent. Key Takeaways: [4:45] Big data still gets confused [5:49] How can you protect yourself from identity threats? [9:03] Your phone is probably your biggest threat for identity theft [13:15] There are some things you HAVE to know if you're going to self-manage [15:57] The latest news on Dodd-Frank [20:42] Changes are taking place under Trump's new appointment Mulvaney [22:22] Why these changes are good and bad for real estate investors Websites: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com

Today's Flash Back Friday comes from Episode 746, originally published in November 2016. This episode focuses on the opportunities which exist when self-managing an income property. First, Jason reviews a Business Insider article regarding dwindling investment property inventories. And later in the podcast, Jason is joined by Bill, who helps manage Fernando's Atlanta and Texas properties. Bill discusses the steps necessary when self-managing income properties. He shares how to show a property using software tools, leasing a property to a new tenant and how to have tenants facilitate repairs and maintenance issues. Key Takeaways: [3:00] Unpacking the Business Insider Article: Pending Home Sales Jump Despite Painfully Tight Housing Market by Bob Bryan. [4:08] If you are on the fence about increasing your income property portfolio do it in hybrid markets. [7:29] Real estate is a game of staying power. [18:00] The ways Jason is working to empower his investors and arm with them with exceptional management tools. [19:26] Bill's work history makes him uniquely qualified to handle Fernando's property management requirements. [22:51] How to use Rently lockboxes when self-managing properties. [27:14] Making a property rent-ready and contacting contractors through handiman websites. [28:56] Tenants have a vested interest when working with contractors to fix or maintain properties. [31:53] When a property is self-managed tenants to take more responsibility for the property. [35:42] Property Management Software does most of the back-office work for you. [37:12] What is required when leasing a property to a tenant? Mentioned in This Episode: Jason Hartman Venture Alliance Rently Lockboxes Appfolio

Jason Hartman takes some time before this 10th episode interview to discuss the concept of the mini-family office and how you can incorporate VAs (virtual assistants) into the mix. Jason provides a litany of websites where you can find VAs, as well as an insight into what characteristics you need to be looking for. Then there's the monetary side of it: does it make financial sense to hire a VA to do this? Well, you can use the Hartman Property Management Metric to figure that out. Then Jason talks with Peter Shankman, author of Faster Than Normal: Turbocharge Your Focus, Productivity, and Success with the Secrets of the ADHD Brain, about how people with ADHD can use it to their advantage, what actions people need to take in order to be successful in their ventures, how to figure out what your audience wants, and when to ignore your audience. Key Takeaways: [4:32] Using VAs to help with your mini-family office [9:28] The type of VA you need to be looking for to help you with your family office [11:17] The Hartman Metric is 1 hour per month per property to manage [13:52] The urban legend of the 3am phone call Peter Shankman Interview: [19:35] How is ADHD a benefit? [22:01] It's important to set up your life in a way that doesn't allow you to get derailed, and the 4 undeniable ADHD life rules [25:05] You can lead the life you want, you just have to be willing to make the trade offs [29:13] Your audience will tell you what they want and where they are, if you're willing to listen [31:08] The only time you want to ignore what your audience is saying they want is when you're a part of a big market disruptor Website: www.ShankMinds.com www.FasterThanNormal.com www.REVAS.us www.HireSmartVAs.com www.ApartmentLines.com www.IVAA.org www.Freelancer.com www.Upwork.com www.TaskRabbit.com

Jason Hartman talks with Financial Survival Network's founder Kerry Lutz for the whole episode today, as the two discuss the very important concept of financial repression. While financial repression is bad for individuals, it can be very lucrative for people who have invested in real estate properly in their younger years. The two also discuss the current phenomenon of "tax refugees" being created by states like California, and where these refugees are fleeing too, as well as when they expect any economic pullback to happen and what Trump is doing that the mainstream media isn't paying attention to. Key Takeaways: [5:53] Make sure you get a home inspection and make sure you actually read it and learn the language [9:11] What is financial repression? [12:59] Financial repression is a great opportunity for those who invest in real estate [16:35] Tracking the "tax refugees" leaving California [23:06] What kind of economic outlooks has Kerry been hearing from the guests on the Financial Survival Network? [27:04] The mainstream media is missing the fact that Trump is now making large chunks of the government irrelevant Websites: www.JasonHartman.com/Properties www.FinancialSurvivalNetwork.com

Today's Flash Back Friday comes from Episode 734, originally published in October 2016. Jason's guest, Brian is a client and a longtime Creating Wealth Podcast listener. Brian describes his early days of real estate investing when Sara initially walked him through the buying process. The properties he purchased in Atlanta and Memphis have now matured and Brian is faced with making a decision. Should he refi-til-ya-die or to do a 1031 exchange and get 2 for 1 on his highly appreciated properties. Jason shares his insights on best business practices, how to use an IRA as a tax savings vehicle and recommends some "must read" books on real estate investing. Key Takeaways: [1:57] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast. [3:19] Brian was pleased with the support he received from Sara and the Local Market Specialists. [6:14] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties? [9:55] The 2 for 1 exchange gives the owner all of the equity to reinvest. The refi-til-ya-die option is limited to the cash-out loan to value ratio. [11:10] A refi may be a simpler option and offers a locked-in lower interest rate. [13:38] Brian shares his real estate investor stories on his website Rental Mindset. [14:59] When buying real estate inside of an IRA you get a tax efficient vehicle inside of another tax efficient vehicle. [15:41] Read Garrett Sutton's Loopholes of Real Estate. [16:59] Rationalizing buying a property sight unseen. Mentioned in This Episode: Jason Hartman Hartman Education Rental Mindset

From the studios of the Financial Survival Network, Jason Hartman and Kerry Lutz get together for this episode to discuss the softening of Dodd-Frank, changes in protections for renters in some markets of the US that are making it harder for landlords, potential uses for Blockchain that could significantly impact the way people invest, and some key economic lessons you have to teach your children. Key Takeaways: [5:49] Jason went and got stretched today, and it was quite the experience [7:07] The FBI says you need to reboot your router ASAP [8:45] The counter intuitive concept that is slowing home sales in the US [11:58] If you can trade tokens instead of stocks the transaction fees can be sliced immensely [15:23] The biggest commitment in precious metals to blockchain [21:31] Jason & Kerry's thoughts on the changes to Dodd-Frank [25:58] The #1 thing you need to teach your kids about economics: money always goes where it's treated best [29:24] The Meet the Masters audio product is now available at HartmanEducation.com Website: www.HartmanEducation.com www.JasonHartman.com/Properties www.JasonHartman.com/Food

Jason Hartman starts off today's show on the heels of his weekend with the Venture Alliance Mastermind in New York. In the car with two attendees, Jason discusses why it's important to improve the level of conversation in your life and why this weekend was useful. Then Jason talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be. Key Takeaways: [4:25] Try to up-level your conversations [8:57] Come join Jason for a tropical vacation in November Kristin Tate Interview: [10:34] Are millenials just not paying attention to fiscal policies? [12:33] We are being taxed EVERYWHERE, even when we don't see it [15:43] Where some of your tax money is going probably isn't where you expect [20:42] The debauchery tax & unintended consequences [24:20] Awareness is step 1, what's step 2? [27:50] The smaller the municipality the easier it is to get rid of the tax [33:00] How did Kristin get into this line of work? Website: www.TheLibertarianChick.com www.Twitter.com/KristinBTate

Today's Flash Back Friday comes from Episode 749, originally published in November 2016. Jason and guest Gary Pinkerton breakdown the article, 27 Charts That Will Change How You Think About the American Economy. Each chart represents changes in the US economy related to productivity, demographics or inflation. Highlights of the discussion include the possibility for people to work well past the current social security mandated retirement age, the lopsided amount of service jobs as compared to labor jobs and the real opportunity which exist for real estate investors based on the percentage of Americans with a sizable nest egg. Key Takeaways: [1:14] Phenomenal opportunities await real estate and income property investors. [5:15] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings. [9:46] Join us for the upcoming Venture Alliance Mastermind in Phoenix. Gary Pinkerton Guest Interview: [14:04] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast. [16:21] The 27 Charts that will change how you think about the American economy article, by Timothy Lee. [20:31] As the Service Industry grows, it is a clear indicator of progress and a higher standard of living. [24:23] People have been dropping out of the labor force since the year 2000. [26:54] The real estate charts show growth in urban areas. [31:29] Analyzing chart #19, Inflation-adjusted housing prices. [36:42] Housing prices have grown a lot faster than construction costs. [41:06] The ways Americans retire are changing. Mentioned in This Episode: Jason Hartman Hartman Education Venture Alliance 27 Charts That Will Change How You Think About The American Economy. Paradigm Life - About Gary Pinkerton

Jason Hartman starts off today's episode with a little talk on where interest rates may be headed (according to one economist) and how that would impact current real estate investors. Hint: it's a pretty good thing. He also has to throw in a qualifier to his "Amazing time to be alive" mantra, because there are a few things that aren't amazing right now. Then Jason finishes up his interview with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, as the two discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all. Key Takeaways: [4:12] A qualification to the beloved Jason mantra of "It's an amazing time to be alive" [7:18] Let Jason control the music and he cares not who controls the laws and the money [12:13] What Martin Armstrong thinks interests rates will be jumping to [15:28] Investors already in the game are praying for higher interest rates John Tamny, Part 2 [20:18] Automation is going to lead into a surge in new kinds of jobs [25:00] The demand for entertainment and service is going to explode [26:49] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love [28:29] John's thoughts on Universal Basic Income Website: www.JasonHartman.com/Properties www.RealClearMarkets.com

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases. Then, in part 1 of their interview, Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. Key Takeaways: [5:01] If your tenants are there too long it might be a sign your rent is too low [10:22] Some tips on long-term tenant retention [14:49] Evictions don't just stem from not paying rent John Tamny Interview: [19:57] How Uber made John realizing something about the Fed [23:40] The importance of the Fed is vastly overstated [28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic [31:39] Demographic arguments regarding Japan don't hold a lot of weight with John [35:26] Money flows to its highest use, regardless of the Fed Website: www.VentureAllianceMastermind.com www.RealClearMarkets.com

Investment Counselor, Sara is back on the show. She joins Jason to discuss her three new properties in Memphis, how a client beat her to the punch on other properties she was interested in and just how competitive the market is right now. And in the client case study, Dr. David D'Ambrosio shares his experiences with the 1031 Exchange on properties in the Orlando and Indianapolis markets. He shares his opinions on why more high-tax bracket professionals are not investing in real estate and he asks Jason about what his next steps should be? The beautiful thing about real estate is you can acquire an asset, get your money back out and still own and control the asset. Plus, you pay no taxes on the money you extract. Key Takeaways: [2:12] Sara just closed on three properties in Memphis and she wears PJ's to bed. [6:16] Rate locks - Should you let it float or lock it in? [9:15] Commodities that make up a house are copper wire, glass, steel, petroleum products are independent of any currency. [13:53] Is the Creating Wealth show the Fox News of real estate? One listener thinks so. Dr. David D'Ambrosio Client Case Study: [17:34] Dr. David D'Ambrosio is Radiation Oncologist living the American Dream. He has always had an interest in real estate. [19:52] Dr. David recently did a 1031 Exchange and then purchased four properties in Orlando. [21:34] There are two ways to diversify a real estate portfolio. One is location and the other is through cash flow and appreciation. [23:25] The 1031 Exchange allows for only 45 days for identifying properties but up to six months to close. [26:08] It's frustrating more people, doctors in particular, aren't investing in real estate. It's an absolute no-brainer. [32:16] Local community banks will provide financing to investors after they reach their traditional property limit. [38:24] Is it feasible to do a cash out refinance if you can get a sizable amount of cash? [40:27] The deferred down payment option offered a nine-year break even point. [43:25] Equity stripping is pulling the money out of a property, having control of the cash and still own the property. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Hartman Education

Creating Wealth's 1001st episode is a time to take a look back at the people who have made this show possible, the listeners and clients. Jason has been blessed to have such great clients who come on the podcast to tell other listeners about their real estate journey. Today we've curated some mini client case studies as we look back at what actual real estate investors have to say about their experience working with Jason. Website: www.JasonHartman.com/Events

Today is a milestone episode, number 1000! A big thanks goes out to all the guests who have come on the show and all the client case studies who have come to share their real estate journey. The first half of the show is a thanks to them. The 10th episode for today is Jason Hartman talking with singer Colbie Caillat about how she managed to start her career using MySpace, as well as how she's handled rejection in her career, how she found her creative work process, dealing with rejection, and more. Key Takeaways: [4:38] Thank you to all the guests who've come on the show [9:25] A few listener soundbites from client case studies Colbie Caillat Interview: [15:04] Where did the idea to launch her career on MySpace come from? [18:00] The song writing process [23:18] Who was the song Capri written for [26:48] How Colbie stays healthy on tour [31:12] Dealing with professional rejection Website: www.JasonHartman.com/Events www.ColbieCaillat.com

Today's Flash Back Friday comes from Episode 803, originally published in March 2017. This episode includes a recording of a live Q&A session from a Creating Wealth Seminar. The Investment Counselor Panel shares real life examples of how investors benefit from the free education and their hands-on assistance. If you are interested in investing in the most historically proven asset class, income properties this podcast is a great place to start. It also includes the reasons why investors would want to attend a future Creating Wealth Seminar and the benefits of joining the high-level Venture Alliance Mastermind. Key Takeaways: [3:09] Venture Alliance wrap-up and details about the upcoming Chicago event. [10:37] The Memphis Property Tour and Creating Wealth Seminar. [11:16] Happy 13th Anniversary to the Creating Wealth Seminar! Live Investment Counselor Panel Part 2 Q&A: [16:19] The process of finding and vetting a Local Market Specialist. [19:02] Striking the right balance between A, B and C properties in a portfolio. [24:13] Amortization of property components. [27:10] How many properties should I have in one bank account? [35:59] What benefit do Investment Counselors provide to investors? [44:20] Do Investment Counselors have different areas of expertise? [49:28] How to best utilize an Investment Counselor? Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Voxer Property Evaluator Software

Today's episode starts with an invitation to Jason's Philadelphia Creating Wealth seminar that's coming up soon. He also finishes his talk with Doug about portfolio reviews and making your money actually work for you. Finally Jason talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe. The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future. Key Takeaways: Intro with Doug: [6:48] Your returns can be dampened by lazy money, make that money work for you [9:27] Return on equity percentage can tell you when to rebalance your portfolio [13:52] Why corporate finance tracks return on equity so much Eric Pichet Interview: [16:25] There's no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas [20:09] Eric's take on Jason's 3 types of market belief [21:19] Why Jason thinks the European home market is much slower than the US [24:54] The series of economic events that led to French citizens being interested in real estate [26:52] The sentiment about cryptocurrencies in Europe [30:53] How are cryptocurrencies viewed by governments and central banks? [33:40] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism Website: www.JasonHartman.com/Events www.EricPichet.fr

Jason Hartman starts off the show with client Doug about portfolio makeovers, why you should stay in the game for the long run, and the fallacy of the passive investment. Doug got out of the real estate business just before the (positive) market correction and missed out on a lot of money. Then, Jason finishes his client case study with Muthiah. This time the two look at the actual process of Muthiah filing a claim against a bad provider and how he was about to get restitution after some avenues had failed. Jason also explains how to get a hold of his Hall of Shame resource list, and why you should file complaints even if they're not likely to help you alone. Key Takeaways: Jason & Doug Intro: [5:05] There's no such thing as a passive investment, but there are some things that are easier [9:16] If you do the math properly, real estate versus the stock market isn't even a competition [12:15] The problem with being too passive is you don't learn from your successes or failures Muthiah Client Casey Study, Part 2 [20:00] Muthiah has never tried to self manage his current 20 properties [23:00] Want Jason Hartman's Hall of Shame resource list? Fill out any form on JasonHartman.com [25:18] Muthiah's process of filing complaints against the provider [29:48] You're not just filing these complaints for yourself, it's your duty to protect other people Website: www.JasonHartman.com/Properties