Creating Wealth Real Estate Investing with Jason Hartman

To start things off, Jason shares his thoughts on what a Trump presidency may look like for real estate investors, how Trumps trade policies will affect the markets and how aligning your interests with the Federal Reserve allows investors to game the system. Today's guest Dr. Robert Johnson is the President and CEO of the not for profit American College, author of the books, Invest with the Fed: Maximizing Your Portfolio Performance by Following Federal Reserve Policy, Strategic Value Investing and the study What to Expect When You're Electing. Dr. Johnson shares his insights to long-term market strategies, what political harmony means for the stock market and how asset classes perform in a changing interest rate environment. Key Takeaways: [1:15] The intimate setting and the speakers made the Venture Alliance Mastermind a success. [4:02] Second only to Donald Trump, Real Estate mogul Ken McElroy joined in the discussion. [9:41] Meet the Masters of Income Property Event Details and Early Bird pricing information. [10:18] We need to game the system by aligning interests with the Federal Reserve. [12:22] Trump is a wild card whose trade policies will have a massive effect on inflation. [19:15] Good things will happen to the real estate market under a Trump presidency. Dr. Robert Johnson Guest Interview: [23:38] The republican party controlling all aspects of the government will mean sweeping reforms. [27:04] Invest with the Fed analyzed how asset and equity classes perform during different interest rate environments. [29:52] Stock market growth is higher when democratic presidents are serving or when there is political harmony. [32:22] Long-term perspectives show the economy and the stock market move forward together. [35:10] The best strategy is a long-term market strategy. [36:49] Equity real estate investment trusts perform very well during rising rate environments. [38:44] Will the cost of small business financing go up under a Trump administration? [41:21] Is this time going to be different? Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind The American College

James D. Kuhn, President of New York City's Newmark Grubb Knight Frank commercial real estate advisory firm joins Jason to discuss the forthcoming Trump presidency, what the presidency could mean for real estate markets and if it's likely the US economy will soon see inflation. With no political history, Donald Trump is a wild card who was elected based on his job growth platform. Proper handling of trade policies and initiatives for corporate entities could spur job growth in low and middle class communities. Key Takeaways: [2:03] It is possible for Trump to spur the economy, especially in real estate. [6:12] There will be winners and losers from Trump's trade policies. [11:19] James D. Kuhn believes the link between the lower and middle class benefiting from job growth is education. [14:14] The demand for online college education is growing and it should be made available to everyone. [16:14] Even before the election real estate investors thought it was hard to find value in the real estate market. [19:00] The question for the Feds is, "at what point is the economy ready to handle inflation?" [20:42] Real estate is the last great investment opportunity especially for those who watch their markets. [23:09] An income property should make financial sense the day you buy it. Mentioned in This Episode: Jason Hartman Newmark Grubb Knight Frank

Jason talks with real estate "artist" and 5-time international best-selling author, philanthropist, risk-taker and visionary, Frank McKinney, who sees opportunities and creates markets where none existed before.

Will inflationary pressure follow Trump's inauguration? It's very likely as global trade has caused the cost of goods to plummet in America. One million dollars doesn't go as far as it used to. Jason relays a personal invitation to the owners of Results Property Management, Ken Logan and Quentin Kearny to come on the Creating Wealth show to justify their position in the complaint litigation case Jason has filed against them. Jason acknowledges income property to be the best investment you can make in America but he warns you must keep your eyes open to the opportunists and the corruption that exists under the guise of property management companies such as Results Property Management. He cites Commandment #3, of his 10 Commandments of Real Estate Investing, Thou Shalt Maintain Control. Key Takeaways: [1:50] The historic, recent US election may bring inflationary pressure to the economy. [6:00] What is a protectionist trade policy? [6:52] The cost of goods has plummeted since globalization took hold. [8:09] Is it fair to have open trade borders with countries with low regulatory burdens? [9:34] Analyzing the Visual Capitalist infographic - Is one million dollars enough to last a lifetime? [15:09] The chances are high Rich Dad Advisor, Ken Mcelroy will be speaking at this weekend's Venture Alliance. [17:21] A summary of Jason's current litigation against Results Property Management. [20:55] Commandment #3 is Thou shalt maintain control. [25:03] An audio representation of Jason's "Spot a Property Management Rip-off" video. Mentioned in This Episode: Jason Hartman Jason Hartman Events Venture Alliance Mastermind AIPIS Podcast Visual Capitalist

Jason has finally moved to a no income tax state where wealth can be accrued at a much faster rate. He now resides in lovely Las Vegas, Nevada which, he says, is much more than the strip. Today's guest represents a company who provides private equity loans and portfolio lending to business entities in the US as well as foreign nationals. Traditional loan requirements, such as personal credit checks, loan to value ratio considerations and the 10 loan cap do not apply to private equity loans. There are 30-year fixed loans and refinancing options available at agreeable rates. The next annual Meet the Masters Event is scheduled for January in sunny Irvine, California. Early bird pricing is available now. Key Takeaways: [2:20] The game-changing concept of the self-driving car. [3:35] The next Meet the Masters is scheduled for January in sunny Irvine, California. [5:55] What does a Donald Trump presidency mean for real estate investors? [8:21] Jason has moved to the no income tax state of Las Vegas. [16:08] Non-traditional financing is now available in the real estate market by way of private equity loans. [17:18] Private equity lending is a common sense underwriting approach to real estate investing. [18:08] Courtney's company supplies secondary financing through Wall Street-backed, hedge fund money. [20:18] Whitmore's "Rental 30" is a 30-year fixed, fully amortized business loan currently offering rates between 6.5-8.5%. [24:48] Can foreign buyers or IRA buyers utilize these private equity loans? [27:48] Purchasing two or more properties at one time can save a buyer on origination charges under the portfolio program. [32:08] What is required to pre-qualify for private equity loans? [33:08] There is no loan limit per person with private equity loans. [35:19] Existing properties can be refinanced up to 75% of the present day value. Mentioned in This Episode: Jason Hartman Meet the Masters - Get your early bird pricing now Whitmore Capital

Jason shares an abridged real-world Portfolio Makeover™ and some thoughts on empire building. Investment Counselor and Area Manager, Lynda Mulley, asks a common client question and Jason interviews a prior guest from episode #29, Chartered Financial Analyst and Finance MBA, Daniel Amerman, on winning through inflation and creating wealth with prudent debt. Learn how the "Three Boxers" fight with powerful economic forces and who wins in the ring.

Jason's guest on this podcast is a future Venture Alliance Speaker, Charles Goyette. Mr. Goyette is the author of Red and Blue and Broke All Over: Restoring America's Free Economy and the New York Times bestseller, The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil and Other Unconventional Investments. During today's discussion, his new book, Empire of Lies, the future Trump presidency, Hillary's love of war and the total worldwide upheaval which came as a surprise to the establishment America are dissected and examined. Key Takeaways: [2:18] Charles Goyette will be a speaker at our Venture Alliance Weekend in Phoenix. [4:08] Do you know about the upcoming Meet the Masters 2017 in January in Irvine, California. [7:31] Be sure to check out Freecourt.com is an online dispute resolution platform. Charles Goyette Guest Interview: [10:56] Charles is happy to see the worldwide rebellion against the prevailing establishment. [12:22] Charles new book, Empire of Lies, addresses how people had no idea the recent upheaval was coming. [17:14] The American Government and the Office of the President have become dictatorial regimes. [20:40] With Trump you get two sides of everything, he is very impulsive and isn't familiar with many aspects of the economic system. [23:34] David Stockton's book tells of a government staffed with people who were only concerned with self-interests. [28:20] Hillary never met a war she didn't like. [31:38] Three items to keep your eye on with regard to Trump economics. [39:38] The problem with the concept of free trade in America. [44:25] Trump knows how to get stuff done. [48:34] How to stay in contact with Charles Goyette Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Register for Meet the Masters before 11/25/2017 for early bird pricing Free Court Charles Goyette

Jason's guest James Dale Davidson is the co-founder of Agora Publishing, the Founder of the National Taxpayer's Union, co-editor of Strategic Investment for the Sovereign Society and founder of Newsmax. He is the Author of the best selling books Blood in the Streets: Investment Profits in a World Gone Mad, The Sovereign Individual: Mastering the Transition to the Information Age, The Great Reckoning: Protecting Yourself in the Coming Depression and his new release, The Breaking Point: Profit from the Coming Money Cataclysm. Mr. Davidson foretells of an impending, marketplace disaster which will happen in this lifetime. He credits the Obamacare, Chinese ghost cities and fictitious capital. He shares this information because he believes it is important for people to understand what will happen so they can create a new life in a new environment. Key Takeaways: James Dale Davidson Guest Interview: [1:50] James Dale Davidson believes the current business model and social contract which supported it is kaput in the Western Civilization. [6:27] Trump may have been voted in because of the life expectancy of middle-class white voters has dropped. [9:43] What's next for the economy under a Trump presidency? [10:57] The Breaking Point looks at the symbiotic relationship between the drug companies and the food industry. [14:49] The US needs someone with business savvy to improve the quality of decisions made in politics. [18:30] Bernie Sanders reminds James Dale Davidson of Karl Marx. [20:32] When fictitious capital is created it goes to people with collateral. These people can borrow money for almost nothing. [27:56] Jason asks "Why not just kick the can down the road forever?" Mr. Davidson tells us why it's not a good idea. [31:52] The Chinese have used more cement from 2011-2013 on ghost cities than the US spent on cement in the entire 20th century. [37:57] Most of the copper used by the Chinese came from Chile. [41:18] The probability of a very severe crack-up, the biggest in history, will be coming in our lifetime. Mentioned in This Episode: Jason Hartman The Breaking Point: Profit from the Coming Money Cataclysm Strategic Investment Newsletter

Harry S. Dent, Jr. is an American financial newsletter writer. His 2009 book, "The Great Depression Ahead", appeared on the New York Times Bestseller List.

Guest, Kenneth D. Campbell is the founding partner, managing director and former chairman of Investment Policy Committee and ING Clarion Real Estate Securities, Founder of Realty Stock Review which was the first investment newsletter on real estate investment trusts (REITs), co-author of the best selling and first full length book on REITs, The Real Estate Investment Trust: America's Newest Billionaires and author of the new book, Watch that Rat Hole and Witness the REIT Revolution. Kenneth has a history of dealing with the financial elite and is considered an expert in this type of investment vehicle. . Key Takeaways: [1:49] Depositions and the US Legal System are the closest thing to Hell in the civilized world. Kenneth D. Campbell Guest Interview: [5:43] Eisenhower brought Real Estate Trusts to life in 1960 with the intention of receiving pass-through tax treatment on real estate. [7:50] Wall Street became infatuated with the Mortgage REITs group. [11:58] Currently, the stock market is exuberant on the future of the real estate market. [12:54] Millennials want to live in cities with a broad range of services available to them and they prefer to rent and this is what is driving the apartment market. [18:23] In the 1980's, Kenneth D. Campbell hob nobbed with the financial elite including Carl Icahn, Michael Milken, Warren Buffet, etc. [26:59] The IRS has just tightened the strings of spinning off real estate into REITs. [29:20] Brexit will slow new construction in London for the next few years and NYC may get a lift in becoming the financial capital of the world. [32:42] Kenneth believes real estate holds great value for people. [35:08] How to find out more about Kenneth D. Campbell or sign up for his newsletter. Mentioned in This Episode: Jason Hartman Watch That Rat Hole

Daren Blomquist is a Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM's award-winning Housing News Report. This is Daren's second visit to the Creating Wealth podcast. He joins Jason to discuss the new President-Elect, Donald Trump, what Trump's future presidency will mean for real estate investors, the economy and the regulatory issue's which bogg the current market. Key Takeaways: [1:43] What does a Trump presidency mean for real estate investors and the US economy? [5:55] The wage problem is causing affordability issues. [8:46] In the real estate market lower interest rates create a bubble. . [11:33] The rising house prices are unsustainable and home ownership rates are at 50-year lows. [15:43] Wouldn't it be nice if Trump repealed Dodd-Frank? [19:11] ATTOM's Housing News Report article reveals big banks are leaving the mortgage business. [20:16] October 2016 shows a month-over-month increase in foreclosure activity. [24:29] Trump's promise to invest in the infrastructure in rust belt cities will benefit real estate investors. [25:36] Creating Wealth listeners get the award winning Housing News Report free for one year if they email [email protected] Mentioned in This Episode: Jason Hartman Realty Trac Marketing List at Realty Trac ATTOM Data

Trump supporters like the fact that he is politically incorrect. Average Americans are speaking up and they want a hard ass in the White House. They are tired of the trouble making, intolerant progressive democrats who know nothing of economics. They may be in search of a man similar to Ronald Reagan, like Donald Trump. Both former president and possibly future president speak in generalities because it is their job to lead, not to be the experts. Trump will use the American military when it is needed to serve the best interests of the American public. Jason's guest, Jeffrey Lord says Obama's presidential leadership is considered weak among international leaders and it is putting America in jeopardy.

Kare Anderson is Jason's guest on this amazing interview about the dynamics of human communication. Kare is an Emmy award winning journalist who has previously reported for both NBC and the Wall Street Journal. She is a columnist for Forbes, the Huffington Post and her published works have 5-star reviews from verified readers. She founded Annie's Homegrown and is currently active on 9 political action committees. Her blog posts and TEDx talks draw attention to the power of connective behavior and captivate international audiences. Key Takeaways: [1:28] The majority has spoken in favor of Trump. The politics of race, gender and unification have yet to be addressed. [7:14] Are our RINO's galloping towards Socialism? [9:44] Controlling the borders and nullifying trade agreements will increase American wages. Kare Anderson Guest Interview: [13:18] What is connective behavior and what does it encompass? [15:35] Simple ways for people to connect include getting specific sooner, showing warmth before competence, sitting sidle and walking. [18:19] Create a bigger pie when someone is attacking you. [19:35] If you plan for what you want to do you don't let anybody else determine your behavior. [20:13] A connective leader has the most clout. [22:51] Look for something you like about someone and keep it in mind every time you see that person. [27:14] How do journalists like Kare Anderson get people to open up and provide a fuller, richer story during an interview? [30:36] How did the Bruce/Caitlyn Jenner and Diane Sawyer handle their roles during the interview? [36:30] To have a meaningful and accomplished life means being grounded and truly listening to other people. Mentioned in This Episode: Jason Hartman Hartman Media Kare Anderson's Say it Better

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: [2:11] Corrupt people are everywhere in the world but in the US they work legally. [4:18] Will you help produce Jason's "Rigged" documentary? [6:25] Phenomenal opportunities await real estate and income property investors. [10:26] A Gobankingrates survey illustrates the crisis at hand showing 62% of the US population has less than $1000.00 as savings. [14:57] Join us for the upcoming Venture Alliance Mastermind in Phoenix. Gary Pinkerton Guest Interview: [19:15] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast. [21:32] The 27 Charts that will change how you think about the American economy article, by Timothy Lee. [25:42] As the Service Industry grows, it is a clear indicator of progress and a higher standard of living. [29:34] People have been dropping out of the labor force since the year 2000. [32:05] The real estate charts show growth in urban areas. [36:40] Analyzing chart #19, Inflation-adjusted housing prices. [41:53] Housing prices have grown a lot faster than construction costs. [46:17] 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 explores the benefits of being a direct investor and the problems of group investing or pooling money and going into other people's deals, businesses, partnerships, LLC's, REIT's or TICS. Hear a chat with Jim Cramer of Mad Money and The Street.com.

This exciting, politically-charged episode is just in time for the US election! Jason's guest, Bill Ayers is a retired Professor of Education, a contributor to many prestigious academic journals and an original member of the Weather Underground. Mr. Ayers is the author of several books and his new release, Demand the Impossible! A Radical Manifesto is the topic of today's conversation. Bill shares the eight major discussion points of his book and elaborates on the action steps he believes the US can take to right itself. This is Bill Ayers' second time on the Creating Wealth podcast. Key Takeaways: [3:14] The upcoming election offer American citizens two terrible candidates from a failing two-party system. Bill Ayers Guest Interview: [8:03] Bill Ayers' new book is a call to Americans to release their imaginations and consider the impossible. [10:22] The eight issues addressed in Bill Ayers' Demand the Impossible! A Radical Manifesto. [11:37] The money scheme which is privatized prisons. 20% of the prisoners in the world live in the land of the free. [13:21] What does public safety look like for free people in a democratic society? [15:40] Bill Ayers is not a tax and spend Liberal. [18:59] The US Education system is in desperate need of reform. [27:45] Democratic and the Republican parties agree on war and Wall Street, but little else. [31:25] How to learn more about Bill Ayers. Mentioned in This Episode: Jason Hartman Meet the Masters Bill Ayers Demand the Impossible! A Radical Manifesto

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 Fernandos 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

Enjoy a FREE sample of Jason Hartman's Financial Freedom report in audio format.

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

Guest Ed Conard is an economist who worked with Mitt Romney at Bain Capital, he is the New York Times Bestselling Author of Unintended Consequences: Why everything you've been told about the economy is wrong and his upcoming book, The Upside of Inequality: How Good Intentions Undermine the Middle Class promises to educate and enlighten. Discussions during this podcast include misnomers about CEO pay, why the technology sector is wildly profitable and how a complex web of regulations may be only benefiting the big players in the market. Ed Conard Guest Interview: [3:52] Ed Conard worked at Bain Capital with Mitt Romney during which time they experienced exponential growth. [5:54] The two types of opportunities people invested with Bain Capital are capital investment and management supervision related opportunities. [7:31] Bill Bain used a higher risk strategy and took advantage of undervalued investment opportunities. [9:45] The Upside of Inequality showcases the productivity of the American work force. [14:42] Is negotiating for a bigger piece of the pie accelerating the US economy? [17:11] CEO pay may not be as outrageous as the headlines lead us to believe. [22:00] The tech sector pays less taxes and has minimal regulation as compared to other sectors who are constantly looking for regulatory loopholes to give them a competitive advantage. [23:46] The rise of profitability in the tech sector has been extraordinary. [24:47] The economy is squeezing the profitability out of every most other sectors. [27:09] Properly trained talent and a willingness to take risk are the binding constraints to growth in this new economy. Mentioned in This Episode: Jason Hartman - Now with New Features! Hartman Education Edward Conard @edwardconard on Twitter

Unlike stocks, bonds, mutual funds or commodities such as precious metals like gold and silver – real estate is a multi-dimensional asset class. The multi-dimensional nature of income property makes it extremely profitable in changing ways based on varying market conditions. This is a wonderful thing because investors can profit even seemingly "bad" markets. For example, when financing becomes expensive (low housing affordability rates) or difficult to qualify for (low capital liquidity) it can create excellent opportunities to increase rents. When mortgage rates are low and qualifying is easy it can spur terrific appreciation. You can win either way so long as you adapt your strategy based on economic realities. Additionally, a discussion about Macro vs. Micro Markets™ so don't just run out and buy based on a city – be sure to screen and drill down into the various Micro Markets™ within each city. Since you can't buy all of them… you may as well buy the best ones! Last but not least Jason recommends the book "Revolutionary Wealth" by Alvin and Heidi Toffler.

In this is episode, Jason interviews analyst, author, screenwriter and former Waffle House employee, James Adams. James' book, Waffle Street: The Confessions & Rehabilitation of a Financier gives us an inside look of what it was like to be working on Wall Street during the housing market crash. His story of leaving the modern version of organized crime and getting a job at the most recognized greasy spoon in the southeastern US has been made into a movie starring Danny Glover. He describes the central banking system with regards to loans and debt, reminds us of the problems associated with creating money out of thin air and warns Japan may be the first big domino to fall when the next crisis occurs. James Adams Guest Interview: [1:40] From Wall Street to Waffle House was the original title of Waffle Street and based on James Adams life. [5:17] The movie exaggerates certain situations but the crisis was bigger than anyone ever imagined. [6:40] A combination of reckless underwriting and the improbability of a US housing market decline led financial institutions to reassure clients until the crash took place. [9:38] Rent to home price ratios were skewed and people underestimated the domino effects of leverage. [12:20] The current issue that scares James Adams now is the treasury balance sheets of G8 countries. [14:38] Central banks are creating electronic liabilities. [16:25] The banks have been disintermediated. Banks are still part of the loan origination process but they are no longer responsible for the debt. [22:14] Making money out of thin air works..until it doesn't. [22:53] Japan has the worst balance sheets, the worst demographics and the government is running in a massive deficit. [23:58] Should we all be buying options on Japanese debt? [26:20] The Waffle Street film is trending well on Netflix and is experiencing good distribution. [27:25] James Adam's is now a Senior Research Analyst and has another movie in the works. Mentioned in This Episode: Jason Hartman Hartman Media Waffle Street Movie @Wafflestmovie on Twitter

In this is 10th episode, Jason veers left of real estate to speak to the long-time friend of Bill Clinton, Dolly Kyle. Dolly's new book Hillary the Other Woman is based on her decades of experience being Bill's personal friend and lover. Dolly describes the Hillary as an aggressive liar, a controlling grandmother type and a crony of all the top players in Washington and the media. Dolly says a Hillary presidency would be dangerous to all Americans and people should inform themselves before voting. She also shares the numerous lawsuits and scandals which should have rocked the Clinton dynasty but instead the media chooses to remain quiet. Key Takeaways: [1:18] Charging a Tesla electric car makes a person appreciate the invention of electricity. [5:31] Reviewing the Here's What Americans Fear the Most - Newser article by Michael Hawthorn. [10:45] The discourse during this US election equates to "Two wrongs don't make a right." Dolly Kyle Guest Interview: [14:21] Dolly met Billy at a very young age. When he went off to college Billy told her she was a distraction and she should marry someone else. [17:33] In January of 1974 Billy and Dolly reconnected to start their adult relationship. [19:21] Bill Clinton was dating Dolly, Hillary and Marla Crider at the same time. [21:37] Dolly and Billy still communicate when they both are in Arkansas. [22:32] Bill Fulbright introduced Bill Clinton to the money people who would fund his congressional run. [26:38] When Dolly met Hillary for the first time she was shocked. [31:01] Are the stories true about Hillary vilifying Bill's girlfriends? [32:33] Dolly believes Bill raped Juanita Broaddrick. [39:02] Hillary made an investment in cattle futures and benefited through cronyism. [42:14] Hillary Clinton obtained 900 files about people in Washington. It's known as Filegate. [46:08] Dolly Kyle's book includes 11 pages of people the Clinton's have harmed and an entire chapter on how they manipulate the media. [51:36] America was not meant to be a country of political dynasties. [53:03] Of Dolly Kyle's 768 book reviews on Amazon, 80% are positive. [54:18] The story of Danny Williams should be getting more traction in the media. Mentioned in This Episode: Jason Hartman Hartman Education Dolly Kyle Website Hillary the Other Woman: A Political Memoir by Dolly Kyle

Let's examine the subject of debt, both good and bad. The prudent use of leverage or borrowed money can accelerate wealth creation and reduce risk. We'll look at many perspectives including a profile of Donald Trump and his "troubles" in the 90's.

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

This episode introduces three Alabama markets, Huntsville, Montgomery & Birmingham. The information provided by a local market specialist in the area analyzes each market's economic profile, existing and future investment opportunities and property characteristics. These carefully selected markets are providing adequate cash flow properties and sufficient yields in addition to possible appreciation due to the stable local economies. Key Takeaways: [1:44] A lack of inventory in Huntsville, Montgomery & Birmingham delayed this episode for months. [3:07] Happy Belated World Smile Day! [10:29] An inspiring smile poem. [12:21] A brand new JasonHartman.com is coming soon to a browser near you. Huntsville, Montgomery & Birmingham Market Profile with Eric: [15:04] Market are selected based on the amount of existing competition in the area. [16:23] Recent economic growth in Alabama makes it a suitable market for investors. [19:38] Huntsville, Alabama facts and trending economic factors. [22:02] The local market specialist rehabs houses for stability in addition to cosmetic upgrades. [25:19] Are warranties available on the Huntsville, Montgomery & Birmingham properties? [27:02] Birmingham, Alabama facts and trending economic factors. [30:59] Montgomery, Alabama facts and trending economic factors. [32:41] Longer leases are gaining popularity but remember to add rent increases year-over-year. [35:27] Rental insurance is always recommended. Mentioned in This Episode: Jason Hartman Hartman Education

Many demographic changes are taking place, with the Baby Boomers, a large generation, retiring, and Generation Y, a larger generation than the Baby Boomers, consuming at record levels. Join Jason Hartman and demographer, Ken Gronbach, as they discuss this upcoming "storm." Ken describes Generation Y as an exciting generation, where the United States is the only country with this large of a group at the present time, and that it is very important that businesses recognize and anticipate their markets as Generation Y grows up. Generation X is more of a mystery generation because of its smaller size, which makes it less of a valuable market. Ken believes that the United States' best days are ahead as people bail out of the European Union. He also believes that China's economic future is bleak due to artificial tampering with the population, with demographic numbers showing China in trouble economically within ten years, struggling to feed themselves within 15 years. Ken shows how the housing market is being held hostage by big bank foreclosures and why this log jam will soon correct and precipitate a restoration of the United States economy. Ken also talks about how manufacturing will return to the United States with a vengeance because the United States is the only industrialized nation with a huge young highly skilled workforce. Kenneth W. Gronbach is a gifted keynote speaker and a nationally recognized expert and futurist in the field of Demography and Generational Marketing. Ken entertains his audiences with his own special brand of wit, humor and clear communication. He makes the science of shifting demography come alive with real life examples that make it relevant to today's culture, business climate and economy. In his book "Age Curve, How to Profit from the Coming Demographic Storm", published by The American Management Association, Ken takes you through a fascinating common sense understanding of shifting demography and the related opportunities and challenges. The demographic landscape in the United States is made up a series of waves that are about twenty years in duration. It would follow that business will rise and fall according to the critical mass of customers heading toward it. Ken's latest book "Decades of Difference, Making it Work" (HRD Press), about the United States workforce, was released in October 2010. Ken also writes for the CNBC Guest Blog. Ken's perspective is macro, a view from 30,000 feet, and very big picture. Demographers are able to forecast markets, societal phenomena, and economics with uncanny accuracy because they count people, not money or things. For example crime has been down in the United States for the last twenty years because the number of high risk crime committers (men 15 to 30 years old) has been low and fully employed. This is because the fertility in the United States dipped sharply between 1965 and 1984 creating a deficit in our population of about nine million people. This shortage of young people in the labor force also drove labor costs up and manufacturing off shore. Ken says the Age Curve will change the way businesses market to consumers and that a sea of entrepreneurial business starts will rule as the economy turns around.

As Americans spend beyond their means and abstain from adding to their savings accounts, the demand for rental properties is growing at a phenomenal rate. Jason describes how your past and future investments in income properties will pay dividends for many years to come. And in the market profile, the Macon, Georgia market is dissected and explored. This somewhat undiscovered market ranks #2 out of 20 for highest residential rental returns. We learn the average rental home price in the market, the typical rehab costs and which employers are persuading renters to stay in the area. Key Takeaways: [3:09] Do not skip the Flashback Friday episodes of the Creating Wealth show. They are hand picked for you. [5:38] Macon, Georgia and other small markets can be good investments due to a limited inventory available. [8:02] Americans are not saving money which makes it a phenomenal time to own rental property. [9:12] This is how inflation and deflation are directly related to the real estate market. Macon, Georgia Market Profile with Eric: [17:00] The Macon, Georgia downtown area has been revitalized in recent years and Mercer University is expanding. [20:22] Employment opportunities in Macon, Georgia are diverse with both blue and white collar jobs. [22:38] Typical costs for an investor are between $80K - $125K for the home and typical rehabs are $15K-$30K. [27:03] A property manager in Macon, Georgia charges 10% of the gross rent, but no renewal fee. [29:37] Macon, Georgia is the second highest market for residential rental returns. Mentioned in This Episode: Jason Hartman Longevity and Biohacking Podcast Hartman Media

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: [1:31] The Wells Fargo contract claw back. [3:26] "Make Six Figures" Bloomberg article tells a scary tale from the content portal. Case Study with Brian: [8:27] Brian read Rich Dad, Poor Dad in high school which led him to the Creating Wealth podcast. [9:49] Brian was pleased with the support he received from Sara and the Local Market Specialists. [12:44] Is refi-til-ya-die always the best option or does the 2 for 1 plan make better financial sense on highly appreciated properties? [16:25] 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. [17:40] A refi may be a simpler option and offers a locked-in lower interest rate. [20:08] Brian shares his real estate investor stories on his website Rental Mindset. [21:29] When buying real estate inside of an IRA you get a tax efficient vehicle inside of another tax efficient vehicle. [22:11] Read Garrett Sutton's Loopholes of Real Estate. [23:29] Rationalizing buying a property sight unseen. Mentioned in This Episode: Jason Hartman Hartman Education Rental Mindset

There's a nostalgic feeling to today's Creating Wealth Show as Jason Hartman provides a live recording from the 2014 Meet the Masters event in Orange County, California. This gives listeners a taste of what they can expect from the January 2015 event in Irvine, California, and also provides a good opportunity to see how far the financial and real estate worlds have come over the past months. Key topics covered include the Case-Shiller index, reassessing Rent-to-Value ratios and the development of bitcoin. Key Takeaways 04.30 – Jason Hartman's investment strategy doesn't focus on appreciation – if it happens, it's a bonus. 07.45 – Bitcoin and its competing alternative cyber currencies really came about because people are starting to doubt the fiat money Central Banking model that we've become accustomed to. 10.50 – Despite being the most commonly used index, Jason Hartman would only recommend 6 of the 20 markets proposed by the Case-Shiller index. 14.08 – As humans, we find it inherently difficult to know when to cut losses and just walk away. 15.50 – Niall Ferguson claims that the most powerful part of the financial system is the bond market, and we would all do well to remember that. 20.09 – Real estate is not a very liquid market and so even when prices drop, they don't drop as quickly as most other asset classes. 26.18 – Rent-to-value ratios change totally if you think about the actual utility cost per month – how much is your renter paying to use your property, and how does that compare with what you think the value is? 31.23 – The forms and uses of money have changed many times throughout history, and now we're dealing with the technological side of currency, which has led us to bitcoin. 39.50 – Jason Hartman goes through step-by-step considering the relative merits and failings of the dollar, bitcoin, gold and income property. Mentioned in this episode The Ascent of Money by Niall Ferguson

Jason's guest, Michael Thomsett has over 35-years as an Accountant and is an investor in the most tax-favored asset class in the U.S., income properties. Mr. Thomsett has written over 90 books. His book, The Landlord's Financial Toolkit will soon be printed as a second edition and re-named The Real Estate Investor's Financial Toolkit. During today's episode, he shares ten principles of real estate evaluations and unpacks each principle, so even those with a limited understanding of income property investing can follow along. Key Takeaways: [1:29] Segmenting the real estate market is rarely done properly. [3:28] Make it a goal to live in a no income tax state as a wealth creation strategy. [6:44] Information on the next Meet the Masters, Hartman Education Special Bundles and available properties. Michael Thomsett Guest Interview: [11:46] The 9/10 Principles of Real Estate Evaluation. [12:54] Defining the Principles of Progression and Regression. [14:09] The Principle of Conformity is keeping the features of a property in line with others in the area. [15:11] The Principle of Substitution relates to the condition of the property. [15:45] The Principle of Change applies to the economy, demographics, employment, and other "fact of life" incidents. [16:46] The Evaluation Principle of anticipation is when expectations about future events affect the market value. [20:24] The Contribution Principle - If the improvement is worth more than the cost to make it. [21:46] Plottage or Growth Management should be consistent use of the surrounding lands. [24:26] Highest and Best Use - Real Estate evaluations are best when land is utilized in the best possible way. [26:13] The Competition Principle states an opportunity for a profitable investment leads to competition. [31:47] All the necessary tools for landlords are included in the second edition of Michael Thomsett's book. Mentioned in This Episode: Jason Hartman Hartman Education Thomsett Publishing

Drew, a long-time real estate investor, joins Jason for the introduction portion of today's podcast to discuss the pitfalls of trying to time the market, bulletproofing your properties and the downside of over-diversification. This episode finishes with a recording of the self-management expert panel of Jason, Fernando and Oliver answering investor's questions during the most recent Software and Buying Event. If you have questions about moving from a property management service to self-managing your own properties this Q&A session is a must listen. Income property investors get answers to their real-life concerns about self-managing properties. Key Takeaways: [3:05] Drew sells commercial printer cartridges on amazon (shameless self-promotion) and invests in real estate. [6:02] Was it a wise choice to buy a property in San Jose, California in 1986? [9:57] Real estate can be a forced savings program for people who lack financial discipline. [12:20] Be sure to have enough money to bulletproof your properties when you first purchase them. [16:32] Don't be a speculator, be a cash flow investor. [22:54] Be careful not to over-diversify your real estate portfolio. Self-Management Panel Q&A: [24:49] Is it difficult to find tenants when self-managing properties? [27:35] Make sure to take good photos of your properties. [28:16] What are the best communication tools to use with tenants? [31:20] How to facilitate move out inspections, handle legal infringements and qualifying for the real estate professional material participation time. [39:00] These are the questions to ask property managers when vetting them. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Hartman Education Ink Safari Cozy Voxer

Today's episode of the Creating Wealth Show deals with issues other than business and finance, but guest Lori Ann LaRocco of CNBC joins Jason Hartman to discuss her latest book, Opportunity Knocking: Lessons from Business Leaders. She talks about the pyramid notion of achieving leadership success both in your personal and business life and how important it is to know yourself before you can even hope to expand your potential for success. Key Takeaways 01.53 – Stocks of the physical merchandise of the Meet the Masters and Creating Wealth Home Study Courses are still available but running low:www.JasonHartman.com/Products 03.24 – Successful leaders in any field all seem to follow a series of seven strategies, starting with something as simple as knowing yourself. 06.46 – Find others who inspire you and then form and follow your own aspirations. 10.33 – Take your idea and stick with it. Even if it's not always popular, stick with what you know to be right. 16.54 – True passion is much more attractive to an employer or investor because it's a great motivator. 19.55 – Some levels of the pyramid take longer to achieve, but it's the culminated effort which brings success. 27.03 – Self-belief is really one of the most important elements here. 28.05 – To find out more information about Lori Ann LaRocco, head to her blog at www.LoriAnnLaRocco.wordpress.com 30.06 – In Lori Ann LaRocco's earlier book, Thriving in the New Economy, she created the mini biographies of various CEOs to show their reactions and their mistakes in the lead-up to and aftermath of the financial crisis. 33.55 – The way that these bubbles work is that when you're in it, you just can't see it. Even with hindsight, we don't seem able to learn. Mentioned in this episode Opportunity Knocking: Lessons from Business Leaders by Lori Ann LaRocco Thriving in the New Economy by Lori Ann LaRocco Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek

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

Jason's guest today, Dave, is a member of a real estate investor Mastermind group. During the last meeting, there was a consensus that two major problems exist with the rehabilitation of properties. Dave shares the two issues and some of the solutions discussed during the Mastermind meeting and feedback from his experience over the last year. Jason recognizes the property supply chain is currently going through a boom cycle. The disparagement between the property supply and demand makes it challenging for local market specialists, real estate investors and for tenants. Key Takeaways: [1:20] Real estate investors are seeing spikes in remodeling costs and having difficulty finding good project leaders. [6:44] The challenges of the local market specialists, the real estate investors and tenants are due to a boom cycle. [13:10] In the last year, a General Contractor has seen a 30% increase in materials. [17:34] Increased material costs and missed time frames both reduce profit for real estate investors. [21:20] Solutions to the problems include automating the process and having an efficient project manager. [27:23] Real estate investor demand has far exceeded the supply of good inventory. [28:04] Rehabbing properties has become entirely different than in the past. Current available properties are in worse condition. Mentioned in This Episode: Jason Hartman Hartman Education

Catherine McBreen is the President of Millionaire Corner and the author of "Get Rich, Stay Rich, Pass it On: The Wealth-Accumulation Secrets of America's Richest Families". The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks have had on this run-up. She recently released a service called "Find an Advisor," and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors. McBreen finally talks about the effect money has on happiness and marriage relations. Visit Millionaire Corner at www.millionairecorner.com.

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions. Key Takeaways: [1:21] Financial institutions and central banks are the most powerful entities the human race has ever known and we should align our interests with them. [6:50] Using the leverage of your 20% down on a property increases your power by 500%. [8:35] The Newser Wells Fargo article: Details about the 185 million dollar fine. [14:38] The Creating Wealth seminar is now part of the package available at Hartman Education. Jeff Nabers Guest Interview: [16:35] The Solo 401k was based on the Pension Protection Act of 2006. [18:39] The 3 main advantages of a Solo 401k. [25:32] There are two qualifications which differentiate a Solo 401k from a traditional Roth IRA. [30:32] The Solo 401k allows you to invest $18,500 of your self-employment income. [32:06] The IRS puts real estate investors in two categories one is a business and the other is a dealer. [34:36] The rules of an IRA are much stricter than the rules of a Solo 401k. [40:00] The most powerful thing an investor can do is to diversify. [42:02] Health care costs and college tuition are impacted the most by inflation. [42:34] The present value of money versus the future value of money and the lost opportunity costs of paying taxes on an IRA now. [46:54] It's impossible to know how the government will tax retirement plans in the future. [51:26] Jeff Nabers' company set up the only complete Solo 401k and designed an online tool. Mentioned in This Episode: Jason Hartman Hartman Education Solo 401K - Free Demo for Creating Wealth Subscribers

Today's episode focuses on our amazing digital future. Jason's guest Professor Mark Skilton is a Professor of Practice and Information Systems at Warwick Business School. He is the author of Building the Digital Enterprise: The Guide to Constructing Monetization Models Using Digital Technologies and other books and papers relating to digital ecosystems and architectures. He shares his expert opinion on the positive side of automation and digitization in future business models and how the real focus will be on expanding the customer experience through additional opportunities for engagement. Key Takeaways: [1:13] Managing our language helps us to 'relax" after dual live events. [8:05] Self-management and managing property managers resources from the Phoenix event. Professor Mark Skilton Guest Interview: [10:13] A broad shift in automation and changing productivity will affect the entire dynamic of a marketplace. [15:54] The key difference is living in digitization is creating more value in an existing space. [20:54] Augmenting and customizing the space is the real opportunity of digitization and artificial intelligence. [23:31] Prof. Mark Skilton on how to see the future of automation in a positive light. [26:28] Understanding the role of future technologies in the business model of the future. [29:08] How to contact Prof. Mark Skilton and/or Warwick Business School. [34:05] It's all about reimagining the customer journey lifecycle. Mentioned in This Episode: Jason Hartman Denis Waitley Creating Wealth Episode Mark Skilton Building the Digital Enterprise Warwick Business School

The impact of technology and the future of development plays a big part in today's Creating Wealth Show. Jason Hartman talks about America's growing role in this changing society, and makes particular note of the ever-increasing contributions of Generation Y. Later, he invites Consuelo Mack of WealthTrack on to give her thoughts about China's current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years' time. Takeaways 04.35 – It's looking more likely that technology will save the world, and that America will be the developer of that technology. 07.50 – If you've registered to attend the Creating Wealth Seminar, Today's Economy Boot Camp and/or the Birmingham Property Tour, be sure to make your flight reservations as early as possible. 10.20 – If the New World Order really is the Old World Order, it means huge implications for America. 14.27 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world. 17.55 – China's family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole. 22.17 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us? 26.20 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference. 31.00 – Alternative investments are looking like an interesting option, but we still need to clarify all the details. 32.19 – For archived interviews and more information, head to www.WealthTrack.com

Jason kicks off this episode with information about a major polluter in neighborhoods across the US and requests listener help in fighting the problem. And, today's guest is a local market specialist in the Quad Cities area. The Quad Cities are located on the border of Illinois and Iowa, the midwest location affords a steady cash flow with a nominal initial cost for income property investors. The job market in the area is steady due to a major agricultural equipment supplier and a Federal arsenal supplying blue-collar incomes to thousands of families and the competitive climate of the private local banks allow investors to possess extensive property portfolios. Key Takeaways: [3:06] Be an activist listener and take a stand in your neighborhood by stopping the leaf blowers! [8:09] The Quad Cities reside on the border of Iowa and Illinois. [9:35] Steady cash flow and a rigorous tenant screening program are a plus for investors. [14:01] Mobility and financial immaturity are probable reasons for long term renting. [16:47] A major agricultural equipment company and a federal arsenal are significant employers in the Quad Cities. [23:20] An average property available in the Quad Cities and typical rehabilitation details. [26:49] This market specialist team manages the property in-house. [32:09] The competitive local private banking climate in the Quad Cities is beneficial to investors with substantial portfolios. Mentioned in This Episode: Jason Hartman Hartman Education

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

Joel Skousen is a survivalist author and retreat consultant. He's the author of, "Strategic Relocation–North American Guide to Safe Places." Skousen discusses how our world becoming less stable because of a coming shortage in commodities. He then gives the best and easiest places to relocate to and how people can relocate if they have work or family ties. Last March, Joel walked away with just slight injuries from the crash of his Glasair kit plane. He shares that experience. Key Takeaways: (4:36) Introducing Joel Skousen (7:17) On the derivatives markets (12:32) The mechanism of hyperinflation (21:02) Predictions for the economic future (37:49) On the fake collapse of the Soviet Union (42:49) Closing comments Links Find out more about Joel Skousen at www.joelskousen.com. Also visit: www.worldaffairsbrief.com

During the introduction Jason breaks down the components of inflation, stagnation and deflation. He refers to a Business Insider article to demonstrate how the devaluing of the dollar is bad news for US global trading partners. Human Behavior coach, Beverly Flaxington is Jason's guest expert. She introduces her SHIFT Model from her best-selling Make Your Shift: The Five Most Powerful Moves You Can Make to Get Where YOU Want to Go and defines each of the five key step in the process. Beverly is the co-founder at The Collaborative, a practice management and business consulting firm, which helps corporate clients to add value to their business and to increase productivity in their employees. Key Takeaways: [2:00] Delayed gratification is a key to success in life and in real estate investing. [4:56] A Business Insider article tackles inflation, 7 Things You Could Buy For $1 in 1950. Beverly Flaxington Guest Interview: [16:01] Beverly's professional journey of bridging the gap between her financial career and her interest in human behavior. [17:44] People get overwhelmed by the amount of information out there so Beverly chunked it down to 5 steps in her SHIFT Model. [20:02] S: Specify the desired outcome. [24:16] H: Highlight the obstacles and categorize them. [25:40] I: Identify the human factor [27:34] F: Find the Alternative [28:44] T: Take the disciplined action [31:04] Beverly shares an executive tip to prioritize a to-do list. [32:17] Humans have a misperception that communication comes naturally. [33:15] Contact information for Beverly Flaxington Mentioned in This Episode: Jason Hartman Register for the Software and Buying Event The Collaborative

In the first half of today's episode Jason debunks Peter Schiff's theory on China's Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today's guest, David Merrill of Nationwide Eviction Services shares the benefits of his company's software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company's comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property's zip code. Key Takeaways: [1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service. [4:51] Debunking Peter Schiff's The Great Decoupling Theory. [9:34] A few points about the Business Insider article which addresses China's middle class. [18:00] Global trade is good but the current US complex trade agreements are not good. [20:16] The 3 basic economic scenarios are inflation, deflation and stagnation. David Merrill Guest Interview: [23:34] A software solution to the age old problem of eviction. [26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country? [28:59] An eviction is a two-part process, if you plan on recovering your funds. [31:43] Which states have landlord friendly or landlord unfriendly markets? [35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets. [37:25] People should standardize all of their collection efforts on all of their properties. [39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process [44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code. [48:12] Contact information for David Merrill and his closing thoughts. Mentioned in This Episode: Jason Hartman Hartman Education Venture Alliance Mastermind Nationwide Eviction

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

September's Software and Buying event in Phoenix will revolutionize the way income property is evaluated. From the online Property Tracker Software to the Property Evaluator and Property Fixer apps, all of these useful property tools will be showcased and demonstrated at the new event on September 10th and 11th. In addition to discussing technology, Presenter, Professor and Property Investor, Michelle joins Jason to discuss driverless technology, the new podcast Capitalism.com and the end of privatized prisons in the U.S. Key Takeaways: [4:46] Uber will be giving rides in autonomous vehicles in Pittsburgh. [7:59] Using Uber or Lyft to transport kids to various activities around town. [13:26] The 3 primary rules of real estate are location, location, location but driverless technology may change the rules. [14:22] The Capitalism.com podcast is a passion project to save capitalism for Generation Y. [15:51] Michelle will be teaching part of the software course at the Phoenix event. [17:45] The Evaluator app will assist investors with evaluating properties by filling in the gaps of pro formas. [21:29] Property Tracker online software is designed for managing your portfolio once you have purchased it. [22:28] The Property Fixer app is for analyzing property flips. [23:07] During the Software and Buying Event available properties will be evaluated using the new software. [25:10] Two 5-star iTunes reviews for the Creating Wealth podcast. [26:56] The Business Insider article about private prisons. [31:19] The Venture Alliance Weekend is on Labor Day weekend in Seattle. Mentioned in This Episode: Jason Hartman Jason Hartman Events Property Tracker Property Evaluator app Property Fixer

Jason Hartman takes a unique middle ground on the Occupy Wall Street protests since Wall Street doesn't represent capitalism as the right-wing media would have us believe while the left-wing media who supports big government and big unions doesn't represent capitalism either. Both sides are promoting a fairy tale. A recent Facebook post sums it up fairly well: This whole issue really isn't that simple. I assume that most of the protesters are clueless folks who need haircuts; however, so is the conservative media (that I mostly agree with) in saying that Wall Street represents "capitalism" – nothing could be further from the truth, Wall Street, banks and mega-corporations are mostly ANTI-CAPITALISM in that they are playing a rigged game with lobbyists, government cronyism and insider dealings at every level. They use lawyers, accountants and PR firms to commit their crimes. There is very little capitalism on Wall Street. If you're looking for capitalism, look at Main Street, where small business operates under far too much government interference. Jason discusses the powerful "Qualified Written Request" (QWR) letter and how it can be a tool for loan modification, short sale, deed-in-leiu of foreclosure and foreclosure litigation. You'll also hear a short article from Jason's newsletter, The Financial Freedom Report, on that all to upsetting topic of "Too Big to Fail."

Jason and Fernando discuss the exodus by the wealthy, from the social republic of California, to states which have no income tax requirements. Will Scottsdale Arizona be the new landing pad due to its highly-ranked school systems, low cost of living and year-round climate friendliness? If you want to find out more about properties in Scottsdale just use your new Real Estate Tools app. What? You don't have it yet? Then you should sign up for the upcoming event in Phoenix where the app will be unveiled. This special event on September 10th & 11th includes property presentations from Local Market Specialists and opportunities to buy properties. Key Takeaways: [1:34] Fernando changed jobs, states and lowered all of his costs. [5:24] The school system in Arizona boast 6 of the top 20 high schools in the US. [9:35] Why is Fernando's cost of living important to him? [13:26] There is no money in home equity! [15:07] Kiva microfinancing has a matching donor program. It's a win-win. [20:37] Refi-till-ya-die has a flaw. If a property's appreciation has exceeded expectations it's ok you can still perform a 1031 exchange. [28:28] Linear markets have growth potential in addition to their rental income. [30:36] The Property Tracker Software is made for income property investors. [32:55] Investors can meet Local Market Specialists at the Buying Event. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Real Estate Tools Property Evaluator Kiva: Loans that Save Lives

Will mobility be the most important aspect of the real estate market of the future? Jason shares an audio clip from Grant Cardone on why he advises investors to buy rental properties for the mobile workforce. Guest Chuck Dixon is a well-known, freelance graphic novel writer who has worked on the Batman series for 11 years for DC, adapted the Hobbit to a comic and adapted the new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich with hopes of disseminating the information to an entirely new audience. Jason and Chuck talk politics, journalism or the lack of it and conspiracy theories. Key Takeaways: [3:18] Jet programs give you access to charter flights through executive airports. [9:00] The Trump hotel in Las Vegas has a very diverse staff. [12:14] Grant Cardone audio clip on mobility. [14:35] A trailer for Clinton Cash [17:16] The Software and Buying Event in Phoenix on Sept. 10th & 11th is filling up quickly and Labor Day weekend is the Venture Alliance Mastermind. Chuck Dixon Guest Interview: [18:39] Peter Schweizer's Clinton Cash was adapted into a comic book by Chuck Dixon so the information could reach a wider audience. [20:21] The Clintons have patterns of behavior which do not bode well for democracy. [22:46] No one will come forward to rat on the Clintons because they reward loyalty. [24:47] The Clinton's relationship with Vladimir Putin allowed Russia to have holdings in uranium mining in the US. [32:11] Chuck has always wanted to be in comics and spent 11 years doing Batman books for DC Comics. [36:51] Chuck was required to prove that the characters in his comic book actually represented real things said by the Clintons. [40:27] Real journalism in non-existent in the US today. [45:49] Contact information for Chuck Dixon. Mentioned in This Episode: Jason Hartman The Software and Buying Event Venture Alliance Mastermind Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich Chuck Dixon on Facebook Hartman Media

Jason Hartman talks with investment counselor, Sara, about investor psychology, overcoming obstacles and getting out of our own way. The smoke-and-mirrors propaganda perpetuated by mainstream media (lamestream media as Sarah Palin says) in reporting the new high in the Dow Jones Industrial Average (DJIA). They almost always fail to distinguish between nominal dollars and real dollars. Jason illustrates how investors have actually lost money in inflation adjusted dollars and how the Dow has to increase a lot more before investors break even based on the two peaks. This lie is even worse when one considers how inflation is underreported in the consumer price index (CPI and CPI-U) due to weighting, substitution and hedonics (the hedonic index). Another misrepresentation is the 'core rate' or 'core inflation' which strips out food and energy because they're too volatile. Jason shares some interesting data from ZeroHedge.com.