Creating Wealth Real Estate Investing with Jason Hartman

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

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