Creating Wealth Real Estate Investing with Jason Hartman

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

Today's Flash Back Friday comes from Episode 801, originally published in March 2017. This episode includes a brief history of Jason's experiences in the real estate market from 2004 to the mortgage crisis of 2008. Jason correctly predicted the crisis and tells us what signs to look for in the future. Then, a live recording of a Creating Wealth Seminar with a panel of Investment Counselors answering real participant questions about mortgage sequencing, the importance of leverage, and common client challenges. Key Takeaways: [2:49] Details of the upcoming Creating Wealth Seminar and Memphis Property Tour. [4:11] Jason predicted the collapse of the mortgage industry way back in 2004. [11:16] Meeting other investors is one of the best things about attending a live event Investment Counselor Panel Recorded Live: [14:03] Meet the Panel: Investment Counselors Sara, Carrie, and Oliver. [20:25] What areas of the process do clients find challenging? [24:30] During the recession, how did investment counselors help investors? [27:07] A lesson in the importance of leverage. [29:57] The strategy for mortgage sequencing. Mentioned in This Episode: www.VentureAllianceMastermind.com www.PropertyTracker.com The Greatest Management Principle in the World, by Michael LeBoeuf

Today's episode is another in property management education. It's crucial that you identify the weak link in all your investments, as well as figuring out a safeguard against them. When it comes to your real estate investing, it's quite possible that your weak link is your property manager. After his intro, Jason Hartman has part 1 of a client case study with Muthiah, where the two discuss an incident Muthiah recently had with a vendor, and what actions you can take when you're being wronged. Key Takeaways: Jason Intro: [5:25] Cutting out the middle men - property managers [9:08] One of the best decisions Jason made when he got into the nationwide real estate business 14 years ago [13:09] Looking for the weakest link in your investments [17:30] Jason's been accused of being a complainer, but is that such a bad thing? Complainers change the world Muthiah Client Case Study: [22:27] What happened to Muthiah that created tension with the seller [24:55] If the seller wants to close before the repairs are completed, the only way you accept is if they have money held in escrow in case they don't do what they promised [28:00] The two ends of the company spectrum [30:51] What Jason wants you to negotiate with your property management contract [34:52] The inherent conflict of interest with property managers Website: www.JasonHartman.com/Events

Jason Hartman wants to prepare you for the coming revolution. The self management revolution is coming, and it's time to see if you're up for the challenge. There are things that you need to do before you take the plunge, and Jason outlines some of them here. Then, Jason talks with CEO of the NHP Foundation, Richard Burns, about the affordable housing crisis in the United States. The current method of creating affordable housing isn't working for anyone, but Richard thinks there's a way that it can be solved that benefits all parties. Key Takeaways: Jason Intro: [2:34] The coming revolution of self-management [5:36] Drew's first taste of self-management [7:45] Some steps to take before going full self-management [11:09] Freddie Mac's new program [15:23] Join Jason for his events in Philadelphia and New York, www.JasonHartman.com/Events Richard Burns Interview: [17:45] What solutions are available for affordable housing? [20:38] The two components of real estates value [22:20] We are nowhere near meeting the affordable housing demand, so what do we do? [26:17] Where did the high paying, real careers go that made people end up in careers that were meant to be stop-gap jobs? [28:25] What does Richard's non-profit do? [31:59] Richard's thoughts on rent control [33:51] What the Baby Boomer survey showed Website: www.NHPFoundation.org

Single-family homes sales rose in January. This has made income property inventory low. You can find out which properties are available in the sought after Memphis market by joining Jason during the upcoming property tour and Creating Wealth Seminar. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration. Key Takeaways: [1:56] National Association of Realtor's article about home sales in January. [5:24] Single-family homes sales are up and inventory is low. [8:49] The Trump administration is a boon for the economy. [9:34] A Goldman Sachs report says interest rates will rise. [15:59] Venture Alliance Weekend and Memphis Property Tour details and dates. ASSET MATRIX - Recording from Phoenix Live Event [18:27] Inflation induced debt destruction by way of a mortgage. [20:34] Jason explains how the government manipulates inflation numbers through hedonic adjustment. [27:59] The ultimate investing equation. [35:21] Anything that does not produce income is not an investment. [36:59] Cash and bonds are destroyed by inflation. [39:14] The IRS does not account for inflation. [42:28] During deflationary periods people default on their loans. [44:51] If you have a corporate job you are paying more taxes than the self-employed. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Longevity and Biohacking Show

In today's episode Jason finishes off his idea of "crowding out" and the damages it can have on our society. Then he explores the idea of various types of deserts, including investment deserts. Finally, Jason talks with Sara McFarland from Homee on Demand, a new app that's aiming to make property management from afar easier than it's ever been before. Your tenant can alert you to a problem, send you a picture of the issue, you can get a quote, and verify the issue is taken care of. Listen in as Sara McFarland gives a rundown of the service, how they ensure you don't get ripped off, and how you can best use it in your portfolio. Key Takeaways: Jason Intro: [2:57] Jason finishes off his point of "crowding out" from the last episode [5:29] Various types of deserts, including investment deserts [9:51] Have a service you think Jason can use? Talk to him about it and keep the money "in the family" [16:39] The Hawkins family 5 year plan [22:08] You need to invest in hard assets that keep up with inflation Homee Interview: [28:59] How Homee keeps vendors from cheating [31:17] Can you use Homee as a self manager? [33:18] Homee helps teach you more about your home Website: www.HomeeOnDemand.com

Jason Hartman discusses some key aspects for real estate investors. One of the most important, and most visible, components of investing is interest rates, and there are some absolutely critical things you need to remember about them. Interest rates impact real estate supply and demand, and home affordability. People buy homes based on payments, not price, and mortgage rates impact those dramatically. Jason also looks at why some libertarians just don't pay attention to an economic reality and gives a big announcement about the Creating Wealth seminar in Philadelphia in May. Key Takeaways: [2:00] Why maintaining control is important when dealing with big, too big to fail, companies [7:23] Jason's mom has seen the effects first hand of what giving people money can do [11:05] Jason's thoughts on "crazy libertarians" [15:46] What interest rates do to real estate supply & demand, and affordability [18:40] Big announcement about the Creating Wealth Seminar on May 19th [23:18] Housing prices is a flawed metric, you have to look at the average mortgage payment amount [27:59] Supply of homes is constrained Website: www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 530, originally published in June 2015. Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode. Key Takeaways: [2:25] What did Fernando think of the first Venture Alliance mastermind meeting? [10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors [14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th Bob Proctor Interview: [17:05] Bob helps people recognize who they are, how to set goals, and much more [20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change [26:55] The U.S is filled with creativity compared to other countries like China, for example [29:50] What's Bob's thoughts on The Secret? [34:25] How do we find our purpose? [38:05] Bob gives some quick tips on how to accomplish your goals. [39:35] Do your work, put your heart into it, and the sky will clear Website: www.ProctorGallagherInstitute.com

Jason Hartman starts today's show with a discussion on how real estate investing is going to continue to get better and more efficient, technologically, how business ventures are easier than ever, and how amazing the US real estate market really is. Then Jason talks with Jason van den Brand, CEO & Co-Founder at Lenda, an online mortgage platform. The two of them discuss the current status of the mortgage market, what kind of easing or tightening we might see in the near future, how Lenda is able to cut fees in the lending process, how to get a rate quote, and more. Key Takeaways: Jason Intro: [3:43] Know that things are only going to get better when it comes to technology helping us make things more efficient [7:16] The adoption/absorption rate of technology is amazing [10:54] Starting a business is easier and cheaper than it's ever been [14:46] The US has a very special real estate market Jason van den Brand Interview: [17:20] What is Lenda? [20:04] What Lenda is expecting to happen in the mortgage market this coming year [24:35] The loans that are available through Lenda [29:20] What you need to do to get a rate quote [32:37] Is mortgage regulation going to loosen in the near future? [35:03] Does Lenda have the same fees as conventional lenders or do they differ? Website: www.JasonHartman.com/Events www.Lenda.com

Jason Hartman does this episode from the US territory of Puerto Rico, where he's spent a few days seeing if he wants to live in this tax haven. The thing about Puerto Rico, however, is that while it might be a place with low tax, it's not a place with low real estate prices. Then, Jason talks with Jake Bernstein, author of Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite, about what the Panama papers are, why they're important, and what kind of impact we should expect to feel from the fallout. Want to know why tax revenues are low, how governmental agencies have been paying spies for years, or more on the Rothchild family? Listen in to learn how the Panama papers can help you find out. Key Takeaways: Jason Intro: [4:26] Puerto Rico real estate is NOT cheap [6:46] Join Jason in Philadelphia for the Creating Wealth seminar Jake Bernstein Interview: [9:40] What are the Panama papers? [13:36] Why do the Panama papers matter? [17:53] Jake isn't as optimistic as Jason about how much money the new tax reform will repatriate [20:59] Some of the scandals to be unearthed by the Panama papers [25:19] The CIA & IRS' involvement in the Panama papers [30:45] Is the Rothchild family in the Panama papers? Websites: www.JakeBernstein.net Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite

Today's Flash Back Friday comes from Episode 508, originally published in April 2015. Jason would like to remind his audience that the Memphis property tour is coming up and there's still a few seats left. Jason invites Brad, a market specialist for the Jackson, Mississippi market to give an extensive market profile on the area and why it's a good time to invest there. Key Takeaways: 5:35 – Jason welcomes Brad 9:20 – Brad sold some of his properties in 2005 and regrets it 15:40 – You can buy a house in Jackson for $50k and have it rent for $750 18:10 – Brad shares his thoughts on section 8 tenants 21:40 – Brad lists some key things he likes about Jackson 29:10 – There will always be people who will have a renter mentality and not purchase a home. Website: www.JasonHartman.com/Properties

Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more. Key Takeaways: Jason Intro: [3:19] Each time you have an experience you get a new impression [7:21] Airbus is planning to allow passengers to go sleep in the cargo hold during flights starting in 2020 [10:31] You need to be in a mastermind group to expand your thinking and up your lifestyle (maybe the Venture Alliance Mastermind???) Harry Dent Interview: [14:15] What does Harry learn by looking at sunspots? [18:30] There's both global warming and cooling going on right now thanks to sunspots [20:28] Harry does NOT believe this is the time to be cutting taxes [23:28] The greatest BS economic recovery in history [26:32] How much does money trickle in this consumption driven economy that needs growth? [29:25] Nobody takes downturns into consideration when planning the future [32:59] When are we likely to see a spike in life expectancy? [36:10] The wild card in predictions using demographics is the government's monetary & fiscalpolicy [39:39] Why we're going to have a big revolution if things don't change Website: www.HarryDent.com www.JasonHartman.com/Events www.JasonHartmanCreatingWealth.com www.VentureAllianceMastermind.com

Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform. Key Takeaways: Intro: [4:54] What the Icehotel Art Suites are like [7:28] Join Jason in Philadelphia Alan Beaulieu Interview: [11:30] What's coming in the economy next [13:29] What is "virtuous" and "non-virtuous" inflation? [16:31] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security [20:38] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think [24:03] The 5 sources of inflation [27:38] We're in a golden age with stable energy [29:54] The 3 reasons Alan's excited about where we're headed Website: www.ITREconomics.com Prosperity in The Age of Decline: How to Lead Your Business and Preserve Wealth Through the Coming Business Cycles www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 493, originally published in March 2015. In today's introduction portion of the Creating Wealth show, Jason Hartman invites Sarah on to the show to talk about the Memphis market. Jason also announces a property tour for the Memphis area in May, so be sure to buy your early bird tickets now before the price raises at JasonHartman.com. Today's Creating Wealth principle guest is Andrew Zatlin. He is an economists and is famously know for his Moneyball Economics. He sits down with Jason to talk about Hookernomics, how you can learn where the market is going by simply talking to escorts, the unstable Japanese economy, how gold will drop in prices, and much more on today's episode. Key Takeaways: 1:50 – Huge interest in the Memphis market right now. 6:05 – Jason talks about the Memphis property tour schedule and dates. 14:10 – Jason introduces Andrew to the show. 16:45 – Most policy makers out there have an old-fashioned way of approaching this very new economy that we're in. 27:16 – Andrew explains why he decided to interview escorts and prostitutes about the state of the economy. 42:00 – Andrew set out to find the true data points that really matter to our economy. 50:45 – China has created a super bubble for themselves and they are bond to crash. 53:20 – Japan doesn't make thing any more and they're also in big trouble. Andrew explains further. 57:30 – Jason and Andrew touch on the gold bug subject. 62:40 – There's a free report on MoneyballEconomics.com that shows you how vices, hookernomics, can show you what's going on in the economy right now. Mentioned In This Episode: http://www.MoneyballEconomics.com http://blogs.wsj.com/moneybeat/2013/10/22/southbays-zatlin-goes-moneyball-on-economic-data/

Jason Hartman takes a victorious look at a recent Wall Street Journal story declaring that more people are viewing renting as a long-term solution to their housing situation. That is FANTASTIC news for landlords, and will put the upward pressure on rent that every investor wants. Jason also gives a few travel hacks for going on a trip to multiple climates, and includes another market profile from producer Adam, this time on the Indianapolis market. Key Takeaways: [2:25] The next decade of being a landlord is going to be amazing [7:05] More and more people are seeing renting as a long term housing solution [10:56] Jason's travel hacking tips for going on a multi-dimensional weather trip [14:57] Indianapolis Market Profile Website: www.JasonHartmanCreatingWealth.com

Jason Hartman breaks down some important topics in today's show as he talks about one of the vital assets you have in your toolkit, and that's your credit score. With so many different companies and credit scoring models, it's key that you understand what impacts your score. You need to stay on top of it (and make sure it doesn't get TOO high because then you're not doing enough of what Jason thinks you should be doing). Jason also looks into what kind of a job the Fed has been doing on their charter, opposition to Amazon, Google and Facebook, the myth of the Rented Home purchase, and some interesting results from his recent DNA test. Key Takeaways: [3:50] The Fed's job of evening out inflation has been...not so great [7:29] Trump's opposition to Amazon and Jason's opposition to Google & Facebook [9:57] Some disgusting behavior from Goldman Sachs around the time of the mortgage crisis is a PRIME example of how Wall Street treats the average person [11:51] There are the big 3 credit bureaus for your FICO scores, but tons of factors that create each score, PLUS there are even more FICO scoring models out there [13:43] If your credit score is too high you might not be borrowing enough money (but don't borrow for frivolous purposes, borrow for properties) [17:45] A rundown on a few FICO scoring models [21:54] Do millennials really understand inflation? [23:32] The Rented Home Myth [29:24] Jason gave in and did a DNA test Website: www.JasonHartman.com/Ask

Today's Flash Back Friday comes from Episode 482, originally published in February 2015. On today's Creating Wealth show, Jason talks a little bit about mastermind groups and touches on an article that was released by USA Today on the subject of investments. Jason brings up some very interesting points on the minimum wage discussion as well as talks about conflict of interests in financial advisers. As always, Jason shares some timeless wisdom about the US dollar, commandments to live by, and more on the Creating Wealth show. Key Takeaways: 1:30 - Jason talks about his mastermind group, Venture Alliance. 5:45 - Minimum wage increases always causes inflation. 11:00 - Give yourself small rewards along the way. 13:40 Jason talks about commandment number nine. 17:20 - The American workspace is getting smaller as more people work from home. 23:15 - Jason talks about the gold bugs and other forms of currency. 27:45 - The US dollar will still be the reserve currency 30:10 – Jason does a deep dive into his personal commandments. 37:40 – There is no such thing as passive income. 41:00 – Jason's company looks for landlord friendly markets. Mentioned In This Episode: USA Today - Retirement Savings You're Losing Your Office Space US Dollar Most Crowded Trade

Jason Hartman opens up the episode with client Muthia as they discuss a recent issue Muthia had with a provider that led to him filing a complaint and actually reaching a (relatively) positive conclusion. For the off topic 10th episode, Jason talks with David Burkus, author of Friend of a Friend and Associate Professor of Leadership & Innovation at Oral Roberts University, about how to grow your network, develop key connections, the newest renaissance in business structure, new vacation policies, and more. Key Takeaways: Jason & Muthia Intro: [4:05] Muthia's journey with one of the LMS' in Jason's network [8:27] Paying taxes gets us the court system and regulatory agencies that allow you to file complaints against providers who take advantage of you [13:15] Your duty as a citizen is to DO SOMETHING when people wrong you and others [16:40] Join Jason in Philadelphia in May David Burkus Interview: [21:03] Is there a scientific method to networking? [24:16] The best thing to do if you're trying to reach a specific contact [30:19] The experimenting in getting away from the org chart [35:15] You need to trust your employees and not punish the 99% because 1% couldn't be trusted [37:43] Are things like unlimited vacation only available to companies with large funding bases? [39:31] The most surprising thing about creativity Website: www.DavidBurkus.com www.JasonHartman.com/Events

Jason Hartman goes solo in today's episode, as he breaks down the flow of foreign money into the US real estate market and which states have benefited the most from that influx. He also explains why big business secretly loves some regulation, the shrinking of the welfare state (no matter how minimal it is), whether we're seeing signs of an economic letup, and more. Key Takeaways: [4:02] Some stats on foreign buyers of US real estate from the National Association of Realtors [8:42] How much real estate investor money is coming in from some of the top countries like China, Canada & the UK [10:45] Which states have benefited most from foreign money recently? [13:12] There is, no surprise, a housing shortage going on right now [17:32] 1984 is coming true, but not the way we all expected [21:02] Why big companies secretly want more regulation [25:41] Are there any signs of an economic letup? [29:37] The welfare state is getting reigned in a little bit [34:31] Households are dedicating 10% of after tax income at a lower rate than 5 years ago Website: www.JasonHartman.com/Events www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 302, originally published in February 2013. Jason Hartman is joined on this episode by Steve Forbes, the editor in chief of Forbes Media, to propose and attempt to answer the question: Why does government get bigger and bigger when we know it doesn't work well? Mr. Forbes states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs. In his book, Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn't, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of "rigidity and scarcity." At the same time, it opens the door to corruption. Mr. Forbes discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr. Forbes also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. "When government undermines money, bad things happen," laments Mr. Forbes. "When government says it's here to help, watch out!"

Jason Hartman goes solo in today's episode to look into what's going on in the real estate world and beyond. As interest rates continue to rise it's changing the real estate world, causing an even bigger inventory shortage. As interest rates rise the deals may look a little worse for the moment, but as time goes on they'll start looking better and better. Today also features a market profile of the Memphis market, some tough news for Bitcoin investors, and a reminder to start planning your vacations to hang out with Jason & the gang. Key Takeaways: [3:43] Rising rates are making the inventory shortage even worse [6:13] The harder it is to acquire a good property, the better it is in the long run once you acquire it [9:58] EVERY investment takes time and some of your attention, even the ones that seem simplest [13:08] Memphis market profile [24:47] The IRS is coming after owners of bitcoin [29:21] Get ready for the Creating Wealth event in the Northeast Website: www.JasonHartman/Events www.JasonHartman.com/Ask

If you're looking at leaving the world of property managers and go into self-management, today's show highlights a useful tool for you to potentially use on your journey. Jason Hartman kicks off the show discussing some current events in cryptocurrency, the upcoming Creating Wealth event in the Northeast in May, karma, and social credit scoring in China. Then Jason talks with Dana Dunford, CEO of Hemlane, about how their software can help people with the hybrid management model that Jason is an advocate of. Hemlane offers a portal for owners to screen tenants, schedule showings, remind your tenants of showings, list and advertise your property, connect with real estate professionals for the lease up and tenant turn, and many other functions. Key Takeaways: [3:04] Sometimes you have to listen to fate [9:16] Cryptocurrency ads have been banned by Facebook, Google, and now Twitter Dana Dunford Interview: [16:28] Long distance self-management still needs a management company or real estate agent to provide a la carte services on the tenant turn & lease up [21:28] Hemlane can help you generate more revenue and increase your NOI [24:50] Transparency up front is critical [31:40] The $40/month per property for the higher service is a bit steep, what do you get and why is it better than a property manager? [36:10] How much are tenant turns and lease ups costing through Hemlane? [40:41] The geographical limitations of Hemlane Website: www.Hemlane.com www.JasonHartman.com/Events

Today's Flash Back Friday comes from Episode 176, originally published in July 2010. Jason provides a unique commentary on the gulf oil spill, firing your investment property manager, buy and hold investing. Following the monologue, Jason talks with Steve Dexter about his book Real Estate Debt Can Make You Rich and long term investing. Housing and commercial property prices the lowest they've been in nearly a decade, this classic real estate investment guide is timelier than ever. Dr. Schumacher, who passed away in 2006, found that the way to a lifetime of financial security was to buy smart and never sell, and he built a $20 million fortune using his own savvy advice. The book, updated by Steve Dexter (an expert commentator for CNN/Money, CBS Radio and Fox TV), reveals step-by-step investment techniques that can work in the midst of a slow real estate market or a booming one for first-time buyers or seasoned investors, and for buyers of single-family residences, apartment buildings or shopping. Steve's latest book is Buy and Hold Forever- How to Build Wealth for the 21st Century, one he co-wrote with the late Dr. Schumacher who was known as the 'pope" of real estate investing. His first book Real Estate Debt Can Make You Rich published by McGraw-Hill, was rated one of the top 5 real estate books of the year by Bob Bruss, a nationally syndicated columnist of the Washington Post Media Group. Steve's second book is Beat the Banks-Prospering in the Rising Wave of Bank Foreclosures. He has been a distinguished speaker at the Harvard Business School, Harvard Law School and their Graduate School of Design and has mentored many of their students about entrepreneurship and real estate investing. He also has spoken at Northwestern University's Kellogg School of Business Management located in Chicago. He is also a member and speaker of NAREE (National Association of Real Estate Editors), a professional group of authors and major newspaper journalists who write about the national real estate market.

It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future. The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great investment that gets better over time with your locked in rate. Key Takeaways: [2:10] You must, you must, you MUST (promise me you will) get a home inspection [4:52] There are events coming up on the East coast and in Hawaii, so figure out if you can make them tax deductible! [10:51] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs [12:48] What kind of rates can you get today with 20% down? [16:02] Are people still taking out adjustable rate morgages for investment properties? [18:48] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow [24:34] The inverse correlation between bonds and rates [26:35] The best strategy ever is to lock in as many 30 year fixed rates as possible Website: www.JasonHartman.com/Properties

Jason Hartman takes this episode to delve into some important happenings in the real estate world today. Some of Trump's recent moves have been bringing jobs back to the states, and companies are expected to bring money back, and it's creating good times for a lot of people. With that good time comes something every real estate investor can enjoy, rent inflation. BUT, when times are good it's important to be vigilant with your providers and make sure they're not getting lazy. Key Takeaways: [3:58] Jobs are coming back to America [7:27] Rent inflation is coming [12:46] As a real estate investor, it's critical that you remember who your customer really is (hint: it's the tenant) [16:05] In a booming economy, the big job as a real estate broker is the job of sorting people out [20:12] Sometimes the booms can make providers a little sloppy, so it's important to stay on top of property managers and the like Website: www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 111, originally published in October 2009. Would you like to escape the rat race? Famous "Rich Dad" author and speaker in the areas of personal finance, real estate and business, Robert Kiyosaki joins Jason Hartman for a discussion on success and passive income. Website: www.RichDad.com

Jason Hartman starts off the show discussing how home sales are strong, even if they're a lagging indicator, and where exactly they're really taking off. Then Jason talks with client Brandon Cook, a young member of the Venture Alliance Mastermind, about his journey investing in real estate. Brandon is currently the owner of 6 properties and is looking forward to more, and talks about breaking through the initial hurdle of investing. Key Takeaways: [2:33] Home sales are very strong, but remember they lag [4:57] A suprise in the hottest housing market category [11:41] Jason's latest book recommendation: The Effective Executive Brandon Cook Interview: [16:35] Brandon discovered Creating Wealth and started listening at Episode 48 [22:05] The first one is always the hardest [30:41] What has Brandon learned on his investment journey [33:20] Introducing the Jr Venture Alliance Mastermind membership! Website: www.VentureAllianceMastermind.com www.JasonHartman.com/Properties The Effective Executive https://www.amazon.com/Effective-Executive-Definitive-Harperbusiness-Essentials/dp/0060833459

Jason Hartman starts today's show with a recap of the JHU Live event from this past weekend and a preview of a future event in the Northeast. Then, in his 10th episode interview, Jason talks with Benjamin Hardy, author of Willpower Doesn't Work: Discover the Hidden Keys to Success, about how to time hack, be much more productive, the difference between successful people and the unsuccessful, relative ease in 10Xing your business, not using your circumstance as an excuse, and more. Key Takeaways: [4:51] You can't separate politics from personal finance in today's world [9:05] There's now a Venture Alliance Jr membership level for those under 35 Benjamin Hardy Interview: [10:29] The premise of Slipstream Time Hacking [14:18] You can choose to think of time as away or as a distance [18:33] What would Ben's response be to someone who said his book was just "work harder and faster"? [20:37] 10X thinking is a lot easier than 2X thinking, and it works, just look at Ben's life [23:23] What can we do on a daily basis to hack time? [26:57] How Ben invested in the right relationships to grow his exposure so quickly [30:44] Your behavior shapes your personality [33:35] You need to regularly get out of your routine environment [37:44] Don't use your circumstances as an excuse [41:40] It's not your personality that shapes your choices, it's your choices that shape your personality Website: www.JasonHartmanIcehotel.com www.JasonHartman.com/Ask www.BenjaminHardy.com

Today's Flash Back Friday comes from Episode 647, originally published in March, 2016. Jason answers questions from his highly-intelligent listener base. Clients inquire about interest rates, the 5-year outlook of rental income real estate and using self-directed IRA money to invest in income properties. Jason shares his strategies and tools on how he formulates his predictions on the multi-dimensional asset class of real estate income property, why he doesn't like using cap rates for residential property evaluations and accessing the Property Tracker software to project future values. Key Takeaways: [2:00] Income property is the most historically proven asset class [5:45] Listener questions from the Salt Lake City JHU event [8:04] Predicting interest rates [9:38] Advantages to the suburban market in a linear market [12:22] Stress testing your portfolio [15:44] 3 dimensions of real estate - Values and rental incomes are counter-cyclical [16:53] Why is income property real estate investing so attractive? [19:15] Cap rates are not useful metrics for residential income property evaluations [22:13] Using Self-Directed IRA money for an investment [24:52] Property Tracking Software to see your properties 10-year projection [27:35] The next Venture Alliance Mastermind will be on Jekyll Island in Georgia Websites: http://www.grantspub.com The Creature from Jekyll Island www.VentureAllianceMastermind.com

Jason Hartman starts today's episode with some new observations on the GOP Tax Reform, specifically involving depreciation and the changes that have been made to it for real estate investors. Then Jason talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more. Key Takeaways: [3:23] The new tax plan and bonus depreciation [8:04] The massive change in deductions for major repairs Jim Puplava Interview: [13:54] Will the new tax plan expedite people and companies leaving high tax states? [18:42] Hidden taxes in states like California [19:48] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout? [22:42] Jim's current inflation thoughts [26:12] How much longer can the US continue to kick the can down the road when it comes to the debt? [29:38] Why double inflation arbitrage is fantastic for real estate investors [32:52] What the next downturn is going to look like [38:10] Jason's new theory Website: www.JasonHartmanUniversity.com www.FinancialSense.com

Jason Hartman starts up today's episode reminding people that if you want true wealth, don't spend your money on things that diminish it, spend it on investments. He also discusses the biggest fear investors have today, and the need for investors to align their interests with the big powers. Then Jason finishes up the webinar that was started in CW 966. In closing, he touches on why he loves housing over retail and commercial, the difference in types of inflation, and why he prefers single family homes over duplexes, triplexes and quadplexes. Key Takeaways: [2:34] Own the investments and don't buy the things that diminish your wealth [5:43] The biggest fear most investors have nowadays [9:33] Inflation fears are seeping through the market, and it means good news for real estate investors [13:37] Save yourself a lot of heartache and just align your interests with the greatest forces the world has ever seen Webinar: [20:10] You can outsource jobs and retail, but you can't outsource homes [22:15] The difference between real and nominal inflation [25:27] Does Jason have a preference between single family, duplexes, triplexes, or quadplexes? [29:44] Some of the linear markets Jason likes Website: www.JasonHartmanUniversity.com

Jason Hartman starts today's episode discussing how real estate makes you think in ways counter to our every day life. Large money has difficulty breaking in to residential real estate because there's no such thing as a bulk discount in real estate. He also talks about what's going to cause upward pressure on rents. Then Jason plays the first half of his recent webinar where he discusses the (lack of) national housing market, the 3 different types of markets, some issues he sees in the economy, and the impact of technology on inflation today. Key Takeaways: [2:15] The Portfolio Builder games has been updated and will be unveiled in San Jose on March 3 [3:49] We're used to a discount when we buy things in bulk, but that doesn't work in real estate [7:30] We are bound to see significant upward pressure on rents Webinar: [10:28] Jason's back story in real estate investing [13:25] There are really 400 local real estate markets, not a US housing market [17:50] When Jason realized there were 3 different types of markets, and what they are [21:54] We have some scary things going on in the economy, but overall it's still an amazing time to be alive [25:44] We are at an inflection point in technology [30:33] The demographics coming at the rental housing market over the next 10 years are phenomenal [34:33] Explaining Commandment #8 Website: www.JasonHartmanUniversity.com

Today's Flash Back Friday comes from Episode 18, originally published in June 2007. How prudent real estate investors BENEFIT from inflation in two big ways! Here is how to use leverage prudently to maximize returns and reduce risks. Website: www.JasonHartman.com/RadioShows

Jason Hartman kicks off today's episode with some big cryptocurrency news out of Venezuela and Poland this week that show both strength and weakness for the market, plus producer Adam interviews one of the Indianapolis Local Market Specialists about what makes Indy a good place to invest. Then Jason finishes up his interview with Jeff Cronrod. This time they focus on best practices for property management and how to properly (and legally) screen tenants. Key Takeaways: [2:07] There's better ethics involved in taking the long term approach [7:07] Poland's Central Bank paid YouTubers to slander cryptocurrencies [9:08] Venezuela's massive oil based cryptocurrency [10:21] Indianapolis Market Profile from a Local Market Specialist Jeff Cronrod Interview, Part 2: [20:02] Jeff's property management best practices, and proper tenant screening [24:18] What sort of reports are available for landlords? Website: www.JasonHartman.com/Properties www.JasonHartmanUniversity.com www.AAOA.com www.TenantAlert.com

There's a disease infecting millions of Americans, but few people are addressing it. That disease? The entitlement disease. Jason Hartman looks at the symptoms of the disease, and how a simple change in viewpoints can bring a person out of that spiral. Then Jason talks with Jeff Cronrod, founder of the American Apartment Owner Association & founder of Rent Recovery Service, about his new program called Lease Guarantee, and how landlords need to take a more aggressive approach toward tenants who don't pay. Key Takeaways: [4:39] The dangers of the entitlement disease [8:14] When you take all the advantages of real estate for a few years, it's hard to unwind [13:30] What happens when you view your life like you're the source [19:09] The simple key to success in business Jeff Cronrod Interview: [22:02] What is Lease Guarantee? [24:18] How much does the Lease Guarantee cost and what exactly does it cover? [28:32] The steps you have to go through when a tenant misses their rent payment [31:40] What judgement do you need to get for Lease Guarantee to pay out? Website: www.JasonHartmanUniversity.com www.AAOA.com www.TenantAlert.com

Jason Hartman kicks off the show talking about an important topic in rental property today, and that is the lack of affordable homes. Supply is dropping across the nation and there aren't a whole lot of options for what to do about it. Listen in for Jason's piece of advice. Then Jason wraps up his client case study with Scott. Scott and Jason finished the last episode talking about how Scott wouldn't have been able to find all the properties he needed to complete his 1031 exchange without Jason's group. They pick up the thread today and then go into why Scott's dad couldn't make residential real estate work, and property manager experiences and differences in office space vs residential property management. Key Takeaways: Jason Intro: [2:46] The barbell that is crushing the supply of affordable homes [6:56] The millennials make up one side of the barbell, but the Baby Boomers on the other side are doing something new and it's causing a disruption [9:38] How bad is the inventory level? Pretty bad, and Jason has some market examples to prove it [13:36] One of the solutions to this inventory shortage is get what you can get and hope the market calms down Scott Client Case Study, Part 2 [21:14] Why Scott's dad wasn't able to make residential real estate work when he tried decades ago [23:51] Scott's experience with the property managers in Jason's network [28:25] The difference in self-management in office space versus residential Websites: www.JasonHartmanUniversity.com www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 622, originally published in January 2016. This episode can be summed up by the popular saying "Everyone is a genius in a bull market". Many financial hosts warn against taking on debt to build wealth. Jason clearly illustrates why we should be using fixed rate mortgage as a financing vehicle and outsourcing debt to tenants while enjoying the tax advantages. Naresh is not a real estate investor, yet. He has come up with some basic, but necessary questions for Jason which will help him and all of you budding, soon to be real estate income property investors out there. Jason reminds us "real estate is the most historically proven asset class" and carefully lays out his answers in easy to understand, common sense terms. Key Takeaways: Jason's editorial: [2:35] Predicting market cycles would be easier if governments and central banks didn't interfere [8:41] The business cycle is an economic concept which affects real estate [10:14] The Reluctant Investor's Lament poem by Donald Weill [17:46] Everybody's a genius in a bull market [19:55] Our Investment Counselors are geographically independent, market-wide gatekeepers [23:21] Our organization has relationships with local market specialists which give clients leverage [26:53] New clients need at least 24% cash down when purchasing a property [29:37] The rise of the "debt bigots" [33:38] Debt is a powerful thing, you must be wise with it [34:30] Always use debt as leverage when purchasing real estate income properties [37:09] A fixed rate mortgage guarantees your rate for 30 years plus tenants pay off your debt [38:33] Podcast feeds are divided and education is free Websites: www.JasonHartman.com www.VentureAllianceMastermind.com

In this 10th show, Jason Hartman talks with Dawn Maslar, author of the new book Men Chase, Women Choose, The Neuroscience of Meeting, Dating, Losing Your Mind & Finding Love, about the biological path from meeting to falling in love. Dawn's research has led her to discover what truly attracts us to the opposite sex, what we can do to change some of our bad subconscious habits, her thoughts on online dating websites, and a very disturbing truth about some of the perfume that's out on the market. Key Takeaways: [6:17] Attraction is, biologically, meant to be temporary [7:22] Why do humor and trust go together? [11:50] What happens to a man, biologically, right before he falls in love [14:57] The truth behind the reason women seem to like jerks [18:39] One of the main things that couples that stay together have [22:01] Dawn's thoughts on online dating sites [24:40] The truth about a perfume scent you may not want to know [28:15] Does nature cause us to be attracted to our opposite to diversify the gene pool? [32:28] What is the future of Dawn's research? "Love at first sight is a farce, it's just nature's way of getting you in bed together" Websites: www.DawnMaslar.com CW 477 - The Five Love Languages with Dr Gary Chapman www.JasonHartmanUniversity.com www.JasonHartmanIcehotel.com

Jason Hartman starts off the show today with a reminder: housing is NOT at an all time high when it comes to payments (which is how people really base their decision to buy), and housing is still where it's at. Then Jason has the first part of his client case study with Scott, from Washington DC. Scott owned a bunch of retail property previously, but recently sold all but one of them and shifted his focus toward residential real estate. Jason talks with him about why he made that decision, what the process was like doing his 1031 exchange, how his experience with property managers has been, and more. Key Takeaways: Jason Intro: [1:43] Housing is where it's at [5:32] Housing is NOT at an all time high based on the payments being made [8:46] Everybody's a genius in a bull market Client Case Study with Scott: [14:41] Was Scott worried about the retail apocalypse when he purchased all the shopping centers? [17:30] Scott & Kelly's evolution from shopping centers to single family homes [21:04] What happened in the commercial real estate sector last year that led Scott & Kelly to dive headlong into residential? [25:19] Depreciation makes income properties the most tax favored asset class in America [26:01] Scott's adventurous time doing his 1031 exchange on his commercial property that aged him 2 years in 45 days [31:05] Why Scott is glad Jason's group exists Website: www.JasonHartman.com/Properties www.JasonHartmanUniversity.com www.JasonHartmanIcehotel.com

Jason Hartman kicks off the show today asking his ultimate question: compared to what? It's a question that will serve you well in all aspects of your life and will guide you down the right path. He also wants to invite you to join him on any of his adventures scheduled for this year to make your vacation planning even easier. Then Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years. Key Takeaways: [3:53] Always view things in perspective, and remember, COMPARED TO WHAT? [6:16] Meeting fellow investors is crucial to success [8:09] Why doesn't Jason want you to plan any vacations this year? [11:41] Over Thanksgiving, while re-reading The Art of the Deal, Jason realized that Trump is a New York liberal Richard Duncan Interview: [14:26] What people don't realize about interest rates "People buy houses on a payment, not a price" [15:38] What the Fed will do if the market drops 10% and what else will happen if it drops 20% [18:57] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform [23:31] Why Richard thinks the government can invest as wisely as private companies [27:58] What are the next few years going to look like? [30:30] People need to get very familiar with quantitative tightening Websites: www.RichardDuncanEconomics.com (promo code: GLOBAL for 50% off) www.JasonHartmanUniversity.com www.JasonHartmanIcehotel.com www.VentureAllianceMastermind.com

Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates. Key Takeaways: [9:19] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did [11:56] Why the future from an Asian perspective is much brighter than from a US perspective [14:05] Who's gotten the better end of the China/US trade imbalance? [19:42] Richard believes the Fed is tightening more than people are understanding [23:51] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger [26:26] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan [28:35] Is the Fed likely to make a course correction if rates go too high? Websites: www.RichardDuncanEconomics.com (promo code: GLOBAL for 50% off) www.JasonHartmanUniversity.com www.JasonHartmanIcehotel.com www.VentureAllianceMastermind.com

Today's Flash Back Friday comes from episode 617, originally published on January 6, 2016. Technology has changed the real estate investor's ability to access additional markets. Technological changes may give real estate investors better tools to access previously unavailable markets, but no amount of technology will ever replace a human's need for shelter. As long as investors keep their eyes looking forward to the future and stay on top of the increasing number of research tools available they will successfully build a diverse, long-term wealth strategy based upon single family home investment properties. Jason and the Real Estate Guys take a break from their real estate conference speaking engagements to discuss predictions for the future of the real estate investment market, the influx of tenants looking for rentals and how technology is changing investors ability to see beyond their own backyard and experience the benefit of geo-arbitration. Meet the Masters is this weekend & there are still spaces available for our Venture Alliance trip in beautiful Dubai. Key Takeaways: Jason's Editorial: [1:29] Our archives are split because of limitations in iTunes [6:19] Science has been and will be wrong [12:00] Jason predicted the Obamacare disaster [14:12] The Big Short movie – do not miss it [15:25] Exercise prevents, treats or cure basically everything [19:58] Casey Meyeres CPA will be speaking about taxation with regards to real estate Robert Helms & Russ Gray Guest Interview: [23:43] Real Estate investors have more tenants than ever before [26:31] Single family housing will always be a need [30:16] You can't keep the U.S.A. down for long [33:18] You must change based on what the market gives you [35:01] Houses will be built, no matter what technology is used [37:00] If big money comes in it will push prices up [41:27] Don't get stuck investing in your backyard [43:19] Owning single family homes in 3-5 markets is a good diversification strategy [44:07] Contact the Real Estate Guys Websites: https://realestateguysradio.com www.VentureAllianceMastermind.com

This all Jason Hartman episode of the Creating Wealth show dives into a number of different topics. Jason discusses his favorite index when evaluating real estate trends, the dangers of asset inflation, unintended consequences of the GOP Tax Reform bill, the impact of mortgage rate increases, and more of the latest news in the world today. Key Takeaways: [2:22] The problem with foreseeing what will cause the next market crash [4:59] The index that Jason would look at it if he had to pick just one [12:29] Asset inflation in the US is alive and well [15:50] One of the biggest destroyers of wealth: a wave of divorces expected this year [21:54] Don't forget to download your photo with Ron Paul from Meet the Masters (and see all the other pictures from the event) at www.JasonHartman.com/Photos [24:35] Every 1% of interest rate equates to about 10% of sales price [27:37] It's really hard to lose with the buy & hold real estate strategy [32:20] Taylor Swift is being sued for over $1 million by a real estate broker Website: Attend the JHU Live Event in San Jose! www.JasonHartmanUniversity.com Work with Jason (or ask him a question)! www.JasonHartman.com/Ask