Creating Wealth Real Estate Investing with Jason Hartman

Jason talks with David Allen who is widely recognized as the world’s leading expert on personal and organizational productivity. His twenty-five-year pioneering research and coaching to corporate managers and CEOs of some of America’s most prestigious corporations and institutions has earned him Forbes’ recognition as one of the top five executive coaches in the world and Business 2.0 magazine’s inclusion in their list of the “50 Who Matter Now.” Fast Company Magazine has also called David “one of the world’s most influential thinkers” in the arena of personal productivity, for his outstanding programs and writing on time and stress management, the power of aligned focus and vision, and his groundbreaking methodologies in management and executive peak performance. He is also the engineer of GTD, the ground-breaking Getting Things Done methodology that has shown millions how to transform a fast-paced, overwhelming, over-committed life into one that is balanced, integrated, relaxed, and has more successful outcomes. GTD’s broad appeal is based on the fact that it is applicable from the boardroom to the living room to the class room. It is hailed as “life changing” by students, soccer moms, entrepreneurs and corporate executives. A consultant, educator, and popular keynote speaker to such diverse clients as Citigroup, General Mills, Stanford University, New York Life, Microsoft and the US Navy, Mr. Allen continues to enjoy delivering his sold-out Getting Things Done seminars to ever-expanding public audiences in cities throughout theUnited States, Asia, Europe and South America. David is the founder and President of the David Allen Company, whose inspirational seminars, coaching, educational materials and practical products present individuals and organizations with a new model for “Winning at the Game of Work and Business of Life.” He continues to write articles and essays that address today’s ever-changing issues about living and working in a fast-paced world and attaining a work-life balance. He lives in Ojai, California with his wife Kathryn. David is the international bestselling author of Getting Things Done: the Art of Stress-Free Productivity and Ready for Anything: 52 Productivity Principles for Work and Life.

Today’s motivational speakers tend to focus on the mechanical keys to success and forget about the bigger picture of the context behind the content. True philosophers understand what drives humans to succeed and the beauty of being grateful for they have. And in the interview, Finding an alternative to a traditional bank loans may not be as hard as you think. In addition to hard money lenders, financing companies such as Visio Financial offer short and medium term limits with significant interest rates. They offer no document loans which simply require a credit score to secure financing. The higher your score, the lower the rate. Key Takeaways: Jason’s Editorial: [1:38] The concept of gratitude is a philosophical key to success [6:40] An experience in Africa reflects the human ability to be grateful for what you DO have [8:17] Poem excerpts from Og Mandino [10:21] Jason’s crystal ball says…Warren Beatty is vain and Bitcoin funds terrorism [13:24] The ultimate investing equation [14:50] Meet the Masters of Income Property in January & the Dubai Venture Alliance trip [15:32] A killer messaging app - Send us Voxer message Jeff Ball Guest Interview: [19:35] We started out as a captive lender then extended into government sponsored loans [21:03] Our products family includes interest only and medium-term financing, all document free [23:20] We offer loans to investors who have reached their Fannie limit [26:31] Buy and hold financing at 12% on a 3-year balloon, 65% LTV [28:17] What about Dodd-Frank compliance? [30:01] We have multiple sources of capital which include banks and credit funds [31:18] The higher your credit score the lower your interest [31:53] Bridge financing is an interest only product option [33:04] An innovative example of a way to use our products [34:50] Go to our website and tell us what you want and get immediate pricing [35:41] Jeff’s overall view on the economy [38:24] What is the margin of error in flipping? [40:31] While it may be a good time to be a landlord, it may be hard to find good rental properties [41:31] Moving doesn’t make sense to people with great mortgages [44:48] Our annual survey is available on our website Mentions: Mission Success! - Og Mandino Good to Great - Jim Collins Venture Alliance Mastermind Voxer - contact Jason with your questions at jhart88 Visio Financial Services Econohomes

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

intrusive passing of the tax provision of Obama’s healthcare plan. This has created a fissure in the Constitution, a horrible outcome that opens a door to the government violating our civil liberties. Jonathan breaks down the consequences of the violations, such as our liberty to choose and right to privacy in the interest of a government mandate that only benefits the government. Moving on to TSA, Jonathan divulges the massive problems with this act. “The TSA is an institution that is riddled with corruption and riddled with abuse,” he explains. The elderly, pregnant women, infants and disabled individuals with no record of criminal activity are being subjected to humiliating and highly intrusive searches all over the U.S. Jonathan defines the difference in tactics from a defensive position versus an offensive position, with the latter producing far better results. He advocates training the citizenry to be more aware of suspicious behavior and to better defend themselves. Jonathan gives an update on the work against the FDA and the First Amendment. Jonathan W. Emord is one of the nation’s leading free speech attorneys. He has defeated the Food and Drug Administration a remarkable eight times in federal court, more times than any other attorney in American history, earning him the title, “FDA Dragon Slayer.” He is the 2007 recipient of the Cancer Control Society’s Humanitarian Award for “winning and preserving our great civil rights to life, to liberty, and to health freedoms.” He is the only non-scientist ever appointed to the Certification Board for Nutrition Specialists and serves as that organization’s Vice Chair. In 2010, he became the first person awarded the title “Honorary Nutrition Specialist” by the CBNS. Congressman Ron Paul says “[a]ll freedom-loving Americans are in debt to Jonathan Emord for his courtroom [victories]” and calls him a “hero of the health freedom revolution.” Formerly an attorney in the Reagan Administration’s Federal Communications Commission, Emord has practiced constitutional and administrative law in Washington, D.C. for the past twenty-five years. He has been a Guest Lecturer, Georgetown University, Department of Biochemistry, Course in Nutrition. He is on the Review Board of the Journal of Food Product Marketing and International Journal of Food & Agribusiness Marketing. He is routinely consulted by industry, Congress, and the media on regulatory issues that affect health freedom. He is the author of four critically acclaimed books: Freedom, Technology and the First Amendment (1991); The Ultimate Price (2007); The Rise of Tyranny (2008); Global Censorship of Health Information (2010); and Restore the Republic (2012). Mr. Emord is the American Justice columnist for USA Today Magazine.

Say this 10 times real fast, Inflation Induced Debt Destruction, now make it your mantra. Would you like someone else to pay your bills for you? Well when you buy income property it is exactly what happens. Your tenants pay down your debt while your property appreciates. Today, Jason outlines a chart from way back in the Creating Wealth archives. He will make the chart available to all of you listeners soon. The chart introduces the intricacies of inflation. He then takes us through most of the asset classes and how they perform against inflation. Key Takeaways: [3:30] 3 Types of markets are linear, cyclical and hybrid [6:02] Published reports and statistics can’t be trusted [9:53] Will your kids ever learn to drive a car? [11:53] A 16 year cyclical market (Orange County, CA) compared to a linear market (Lansing, MI) [12:50] Commandment #5 - Thou shalt not gamble. The property should make financial sense [16:58] What time is it? It’s an amazing time to be alive! [19:50] The Meet the Masters Event is coming up. Garrett Sutton will be there. [20:33] Asset class top performers [23:12] Inflation induced debt destruction [23:59] Waiting, substitution and hidonics make people believe inflation is lower than it is [24:52] Outsourcing your mortgage debt to tenants, they are paying your debt [27:33] The problem with the Affordable Care Act aka Obamacare [30:34] Rental income is governed by housing affordability [32:00] Stock markets can be manipulated and are medium-low indexed to inflation, [33:33] Cash & taxes are low strength versus inflation - taxes aren’t calculated for inflation [38:20] Low information people are clueless about the government [39:35] Income property investors can turn the tables on the government [40:39] Join the Venture Alliance Mastermind in Dubai Mentions: The Wayback Machine How to Lie with Statistics JasonHartman.com Garrett Sutton Venture Alliance Mastermind

If you’re still allowing property managers to bill you max amounts every month you need to tighten up your monthly discretionary allowance. You will be consulted every time a repair is projected beyond $200. Also, minimize the unprofitable downtime of renters moving in and moving out by signing a 2-year lease with your next tenant. Include the rent increase for upcoming year so your tenants are prepared to pay in advance of the increase. They will appreciate it. And in our interview, wouldn’t it be nice to see an interesting property on the internet and send someone else halfway across the U.S. to take photos of it for you? What about checking up on one of your existing properties to inspect the hail damage first hand? WeGoLook has an army of 20,000 “lookers” who can send you photos, videos or answer specific questions. They are even able to visit the local municipality to perform a title search. Key Takeaways: Jason’s Editorial: [1:30] The unbelievable events in Paris are not a new thing [6:22] There may not be peace until war is not profitable [7:52] What does the current hostile environment mean for investors? [8:22] The 6 ways to get out of the government debt slavery complex [9:36] What is wrong with American Airlines and US Air [12:59] MInimize your downtime with 2-year leases with your tenants [14:23] Tighten up your discretionary repair allowance to $200 per month [15:11] Voxer is a revolutionary messaging app [16:37] Public employee unions are only interested in themselves [18:13] A great tool to self manage your properties [18:39] Meet the Masters in San Diego - Get your early bird pricing now [19:37] Dubai is the amazing place we have set up for our next Venture Alliance trip Robin Smith Guest Interview: [20:35] How WeGoLook evolved [23:06] We offer a basic report with photos/videos for $69 [26:00] We offer an hourly rate for one-off services [27:50] We also do document research, title searches and visit municipalities for customers [30:10] We cover the U.S., the UK, Australia and Canada [32:15] WeGoLook services and rates - cheaper than calling your brother in law [36:19] People can order services directly from our website [37:47] We charge travel fees and research fees for those locations which are out of the way [40:17] Interior/Exterior reports are available for property investors [42:34] We service fortune 500 companies as field assignment personnel Mentions: Hyatt Regency Orlando JasonHartman.com American Airlines US Air Voxer - A free app Venture Alliance Mastermind WeGoLook RawPorter

On this show, Jason Hartman talks with one of his investment counselors about current events, welcomes a guest caller and also brings to our listening audience the economic outlook from renowned financial expert, John Mauldin. Mauldin discusses “spending rearrangement”, a restructuring of our country’s spending problem and tax code, and how the election outcome influences the direction of that restructuring. The larger the government becomes, the smaller the private sector becomes – not an ideal situation for economic recovery in the U.S. Mauldin gives his insights and the possible scenarios and outcomes that could happen, depending on whether or not the deficit problem is truly solved, touching on investments, job creation, tax issues and trade deficits. John Mauldin is also a New York Times best-selling author and a pioneering online commentator. Each week, over one million readers turn to Mauldin for his penetrating view on Wall Street, global markets and economic history. Mauldin’s weekly e-newsletter, Thoughts from the Frontline, was one of the first publications to provide investors with free, unbiased information and guidance. Today, it is the most widely distributed investment newsletter in the world. Mauldin is a frequent contributor to publications including The Financial Times and The Daily Reckoning, as well as a regular guest on CNBC, Yahoo Tech Ticker, and Bloomberg TV. His best-selling books include Bull’s Eye Investing, Just One Thing and Endgame, as well as his recently released update to Bull’s Eye Investing – The Little Book of Bull’s Eye Investing. John Mauldin’s blog, Economic Analysis, and more can be found on his website at http://www.mauldineconomics.com/.

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified. Key Takeaways: Jason’s Editorial: [1:21] It’s an amazing time to be alive! [2:33] China has finally ended their one child policy [4:40] The nature of the real estate industry is fragmented [9:34] Bad faith insurance or companies denying claims is common [10:30] A personal experience with National Real Estate Insurance Group [11:50] Monday’s episode features the founder of WeGoLook [14:04] Can we get listeners in more countries than the U.S. has military bases in? [16:40] Meet the Masters with Garrett Sutton in January Ed Babtkis Guest Interview: [18:50] We have had nationwide insurance available for 30 years [19:50] Nuances to the nationwide real estate market make it a difficult product to offer [21:05] The underwriting companies which serve our brokerage firm [22:16] Nationwide programs are generally done on a blanket basis [25:21] Deductible options and norms [27:24] Getting the quote to the investor [29:54] Our company is approved by major financiers [31:20] Calculating insurance rates based on zip codes [33:30] Cash value is the number one issue insurance companies have [34:55] Replacement value is better coverage [36:33] How are land contracts insured? [39:12] Hard money lenders can place property coverage, but it costs a bit more [40:00] Loss of Rent insurance Mentions: JasonHartman.com Affinity Group Management Code Red Book We Go Look Ross Diversified Acceptance Indemnity Cincinnati Insurance Blackstone

Based on current political and economic conditions your personal wealth could be at risk. Paul Mladjenovic of The Raving Capitalist shares his tips for weathering the upcoming economic storm, which he expects to make landfall in 12-18 months. He advises in favor of creating a home based business and diversifying your current asset portfolio. He warns people who have their assets in undiversified portfolios or in stocks which don’t satisfy a human need may find their financial futures devastated because of current government actions and policies. Key Takeaways: Jason’s Editorial: [1:42] Being anxious about speaking in front of 2000 people [3:21] 4 mentors who changed Jason’s life [3:46] Stress - the good and the bad [5:18] “Stress comes from not doing the things you know you need to do” [6:20] Being in the flow [7:38] Getting leverage in the 3 primary areas of life - Business, Biology & Investing [9:47] Who is willing to take on this affirmation? [12:40] The Orlando Property Tour is coming up this weekend [13:20] Meet the Masters of Income Property in San Diego - Early Bird pricing [13:57] The Venture Alliance in Dubai Paul Mladjenovic Guest Interview: [15:30] Observing how government policy affects the economy [16:44] 30-years as a CFP has helped me to understand how the economy works [18:07] Communism basically micromanages every aspect of the economy [21:55] Government-sponsored agencies Freddie Mac & Fannie Mae sold bad loans to Wall Street [25:00] The current financial outlook is grim, Paul says it will be devastating [27:33] Portfolios have too much debt in them and pensions are underfunded [30:23] What should people do to protect themselves from this catastrophe? [33:01] Launch a home based business for diversification [34:37] Real estate investments trusts to mitigate the downside of the market [39:20] Run away from mega-expensive coaching programs [40:45] Short-term investing is financial gambling [43:45] What happened to the King of Long term investing, Warren Buffett? [47:35] Becoming self-sufficient is the way to weather the upcoming economic storm [50:45] Will the U.S. dollar continue to be the reserve currency? [52:00] Gold & Silver has outlived paper currencies [55:36] Gold is a portable asset and should be a portion of your diversification Mentions: Stock Investing for Dummies Paul Mladjenovic Amazing.com Abundance: The Future is Better than you Think Bold Book JasonHartman.com Venture Alliance Mastermind The Raving Capitalist Monex

Join Jason Hartman and Doug Casey of Casey Research for a candid discussion about the condition of America and what is to come. Doug feels we needed a depression, but it doesn’t have to be as long and dismal as it’s going to be for most people. The U.S. government has gone about everything completely opposite of the right way; it’s totally bankrupt. They’re selling money/debt to the Federal Reserve because no other country in the world wants to buy our devalued American dollar. Doug feels for the average American because he/she is not going to profit from it and is going to be turned into a common serf. Pension funds are in trouble and are nothing more than the government’s scheme to finance its debt. We may see more wars in the future as politicians look for someone to blame, as happened in the Great Depression of the 1930s. The rich will be those that own real estate around the world. Doug feels it’s too early to buy U.S. real estate unless it’s bought with low-interest, fixed-rate mortgages because the debt will be inflated away. Sharing a position with Jason, Doug is not a fan of the stock market and feels that commodities are going to eventually bottom out with all of the new nanotechnology. While he’s still bullish on commodities because he’s bearish on the dollar, Doug recommends buying real estate in other parts of the world, using Rothschild’s philosophy of buying when blood is running in the streets. Our biggest enemy is our government, so people must diversify politically, geographically, internationally, and most Americans don’t know anything about it. Looking at stocks, while Doug wants nothing to do with them for the most part, he sees mining stocks moving. They’re relatively cheap right now and while they’re a speculative venture, with thorough research, one can find a few good mining companies that are seeing strong returns. Inflation is going to get a lot higher because the government has no choice but to print money to pay its debts. It’s the 11th hour and now is the time to act, to position yourself to ride out the storm. Doug’s guess is that when all of this bottoms, mortgage money will not exist and people the world over will have to purchase property with cash. They will be paying real value versus the inflated values of mortgage companies. Doug expresses his concern that our current economic situation is very serious. As he looks around, he doesn’t see any real bargains. We’re still in the eye of the hurricane, and he forecasts that as we go back into the storm, it’s going to be a lot uglier than it was in 2008. He calls this the Greater Depression. This is a time when you don’t want to be rooted to a spot like a plant. In turbulent times, plants usually get eaten up. Doug is a widely respected preeminent authority on “rational speculation,” especially in the high-potential natural resource sector. He is a high respected author, publisher and professional investor, and graduated from Georgetown University in 1968. Since that time, Doug has literally written the book on profiting from times of economic turmoil. He is the author of Crisis Investing, which spent multiple weeks on the New York Times bestseller list in the No. 1 position, and became the best-selling financial book of 1980. Doug also authored Strategic Investing, breaking the record by receiving the largest advance ever paid for a financial book at that time. Doug’s next book, The International Man, was the most sold book in the history of Rhodesia. Doug Casey has been a featured guest on such TV shows and radio shows as David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN. He has also been the topic of numerous features in periodicals, such as Time, Forbes, People, and the Washington Post. Doug divides his time between homes in Aspen, Colorado, Auckland, New Zealand, and Salta Argentina. He has written newsletters and alert services for sophisticated investors for over 28 years. He has lived in 10 countries and visited over 175. In addition to having served as a trustee on the Board of Governors of Washington College and Northwoods University, Doug has been a director and advisor to nine different financial corporations. Doug is currently the founder of Casey Research, a research company that watches every sector, looking for opportunities in the world. Casey Research is a believer in free markets and understands the fundamental reality that the more a government interferes in a market, the more likely there will be consequences…negative for those unaware, but positive for those who are aware. More details about Casey Research can be found at their website:http://www.caseyresearch.com/cwc. Also, this PDF is from Doug’s view of War on Terror: http://my.caseyresearch.com/pdfs/crTcr20111116102350.pdf?ppref=RIV012SR1211A

What do you do with your extra time? If you default to work, you may not be living the life you want. The Lifeonaire philosophy blends your vision of the life you want and trades your money for time. The program’s foundation for making money while enjoying your time is based on real estate investing which is a historically proven asset class. If you are able to continue making money while living the life you have always wanted why wouldn’t you? Additional capacity just opened up for our Orlando Property Tour & Creating Wealth Boot camp. Go to JasonHartman.com to sign up now. Key Takeaways: Jason’s Editorial: [2:56] You can either be motivated by desperation or inspiration - Jim Rohn [3:32] Orlando Property Tour has some additional capacity available & coffee [6:07] The Creating Wealth Boot camp [6:34] Meet the Masters & Venture Alliance Mastermind events [7:23] This listener is ready to invest but would like Jason’s advice Shaun McCloskey Guest Interview: [13:54] People did exactly what I taught them to do [15:45] Finding a job which is not work is ultimately the goal [17:39] Don’t forget what you love by working too much [18:44] Lifeonaire = a millionaire + a life [20:11] The four stages of lifeonaire [23:07] What would you doing if you only had 6 months to live? [25:41] Using your extra time for living your vision [28:10] Where did the 40 hour work week come from? [30:07] Visions get clouded by goals [32:35] Start with the Lifeonaire book Mentions: JasonHartman.com The Bulletproof Executive Venture Alliance Mastermind Lifeonaire

Have you ever considered lending your money to receive a better than average return? The opportunity now exists through our organization for you to become a hard money lender. Jason explains some widely used financial terms and how they apply to the residential real estate market. And, updates on the Orlando Property Tour, the upcoming Meet the Masters and the Venture Alliance trip to Dubai. Key Takeaways: Jason’s Editorial: [2:44] What exactly is a convertible ARM? [3:57] We have special connections with commercial lenders who finance residential real estate [6:19] Residential properties have desirable financing [8:12] Explaining the Cost of Funds Index (COFI) [10:50] Jason just purchased 2 Tesla cars, 1 “X” and 1 “S” [15:11] The formula for calculating adjustable rate loans [17:51] What is a bridge loan and how is it used? [18:18] Becoming a hard money lender is available through our organization [21:32] The Orlando Property Tour is just about full [22:02] Meet the Masters in La Hoya, California in early January [22:46] Venture Alliance Mastermind in Dubai in February [24:11] Jason loves his Fitbit - Charge HR Mentions: 1984 Animal Farm JasonHartman.com Venture Alliance Mastermind Fitbit

Jason answers some listener questions, and then shares some wisdom from Earl Nightingale and Dan Sullivan.

Jason does a solo episode on today's show and has a number of thoughts he'd like to share with the audience. Jason emphasizes the importance of leveraging not only our investments, but our business, and our biology too. He believes leverage is the key to success and talks on why leverage is so important. Jason also talks on Tony Robbins and his philosophy after attending his seminar last week. Key Takeaways: [2:30] Today Jason will be diving into more general topics not necessarily related to investing. [3:40] What kind of resources does Jason read? [8:20] Books are too long! [9:40] Jason believes the three most important things in life are our business, biology, and investments. [12:10] Walking 10,000 steps is a pretty big accomplishment. [12:50] The focus of the Creating Wealth show is to gain leverage on our investments. [14:45] The self-driving car could change the location, location, location motto in real estate investing. [19:00] Jason talks about Tony Robbins. [22:50] Can you really decide to be happy? [25:10] What are we really focused on? [29:55] Jason shares his thoughts about the book Talent Code by Daniel Coyle. [32:15] The best way to learn how to be a real estate investor? Buy property! [35:25] Jason shares his thoughts on the book Disrupt Yourself by Jay Samit. [37:30] There's a website that can tell you if you're house is haunted. [40:55] Marijuana and Denver real estate. [43:15] Check out Jason's next events via his website. P.S The Orlando property tour is almost full. Mentioned In This Episode: http://www.jasonhartman.com/ Tough Times Never Last, But Tough People Do! by Robert H. Schuller. Talent Code by Daniel Coyle The Organized Mind by Daniel Levitin. Disrupt Yourself by Jay Samit. http://www.diedinhouse.com/ http://www.newser.com/story/214744/marijuana-having-big-impact-on-denver-real-estate.html

Megan Greene joins us today to discuss the results of the 2015 John Hancock Investor Sentiment Survey. She shares her views on whether or not the Fed’s will raise the interest rate, if the stock market is rigged and how she believes monetary easing stokes financial inequality. There are still a few spots left for the Orlando Property Tour! Go to JasonHartman.com to reserve your spot. Key Takeaways: Jason’s Editorial: [1:54] Ms. Hartman is an extreme do it yourselfer [5:03] Jason wants me to increase my rent to value ratio [7:03] Sign, sign everywhere a sign [8:01] Inflation induced debt destruction [9:01] Orlando Property Tour has a few spots left [10:11] Meet the Masters in January [10:18] Venture Alliance Mastermind - February in Dubai [11:48] “Divorce the story, marry the truth” - Tony Robbins quote Megan Greene Guest Interview: [13:11] Regulations and less market liquidity causes volatility [14:21] High frequency trading makes it difficult for small players [16:29] The stock market is partly rigged [17:50] What’s the next move for the Fed [20:53] Results of the investor sentiment survey [21:41] The Fed’s may hike in December [22:58] Monetary easing stokes financial inequality [24:41] Pushing investors into riskier investments [26:28] Infrastructure spending may be in the future for the U.S. [27:05] How will a rate hike affect mortgage holders [29:16] Mobility is a benefit for Gen Y workers [30:25] Risks coming from outside of the U.S. Mentions: Tony Robbins JasonHartman.com Garrett Sutton Manulife John Hancock Asset Management

In this show Jason has a very casual, impromptu (and silly at times) discussion with two of his favorite Investment Counselors, Ari and Sara. You’ll get a debrief on the last Creating Wealth Boot Camp, some investing insights, a “case study” article from The Financial Freedom Report and hear first hand from one of recent our clients who is creating high ROI in this market. The next show will feature Jason’s interview with New York Times #1 bestselling author and speaker, Harvey MacKay, as they review his latest book Use Your Head To Get Your Foot In The Door: Job Search Secrets No One Else Will Tell You and some of Harvey’s older works like How To Swim With The Sharks Without Being Eaten Alive.

It’s impossible to predict which way the market will turn with any amount of certainty. But there are safeguards in place for you to invest your money into proven outlets. The main investment you should consider is the most historically proven asset class, income property. Financial planners won’t suggest it and Certified Public Accountants may not know key factors to assessing your risk. A real estate investment group may be the only entity you can turn to when you want to make a solid investment. Check out our Early Bird pricing for Meet the Masters. Key Takeaways: Jason’s Editorial: [2:26] Fernando discovers he probably should have purchased auctioned homes in Florida [9:10] Don’t spend so much time on individual properties [10:46] Florida had a lot of properties for sale [12:33] Judicial foreclosure markets have a slower market discovery [13:36] No one can predict what the market is going to do [15:40] An example of one of the properties [16:53] Phoenix gets too expensive [22:34] We hope to see you on the Orlando Property Tour & Meet the Masters Jeff Barnes Guest Interview: [24:17] There is a wide array of qualified retirement plans [25:52] Two tax codes, Business & Employee [27:57] Real Estate investors want to grow their money tax deferred [32:13] Diversification of income property inside of your retirement plan [34:28] Proving your transactions to the IRS [36:56] Many consumers don’t know how to invest [39:01] Becoming equity partners as a passive investor [41:45] Use the same strategies as bank, a hard money lender [44:26] To succeed, maintain control [45:08] Jeff’s Wall Street history [49:10] A certified financial planner isn’t trained in the #1 historically proven asset class [53:48] Wall Street has countless outlets for investment information [55:21] 30% of corporate profits in the U.S. come from financial services industry Mentions: American Auction Network TV Zillow Ready, Fire, Aim JasonHartman.com The Ultimate Guide for Self Directed Investing & Retirement Planning SelfDirected.com

Tren Griffin doesn’t know the current stock price of Berkshire Hathaway and says Warren Buffett probably doesn’t either. Day-to-day ups and downs in the market don’t affect feasible, long-term investments. Value investing, traditionally known as buy and hold investing, approaches investing differently than most low fee indexes. It encourages rational thinking, interest based buying and finding the price mistakes in the market. Early Bird pricing for the next Meet the Masters event is now available. Key Takeaways: Jason’s Editorial: [1:29] Orlando Property Tour & Creating Wealth Seminar coming up [3:06] What I like about Warren Buffett [4:37] Know this about the properties on our site [9:39] The Walmart documentary example [14:11] Every company has 3 primary audiences - suppliers, stakeholders & customers [16:00] Send me an email with good quality sitcoms! [18:06] Meet the Masters - Early bird pricing available now! [18:30] Dubai in February with the Venture Alliance Tren Griffin Guest Interview: [19:35] Why write about Charlie Munger [20:56] 4 principles of value investing [24:11] Munger philosophy of decision-making [25:27] 25iq [26:34] The key to investing is to find a mistake - FOMO [31:40] Markets are difficult to predict in the short term [33:37] Aligning investments with interests [35:51] Are you willing to do the work required by value investing [37:38] The circle of confidence - become a specialist in one area [39:50] Munger/Buffett fundamental - Get Rich Slow [44:14] Berkshire stock never splits [46:12] Following Tren [48:03] You can have a life when you are a value investor Mentions: JasonHartman.com Charlie Munger: The Complete Investor [email protected] Venture Alliance Mastermind 25iq @trengriffin Flash Boys

Jason Hartman talks with acclaimed financial advisor Ric Edelman. Barron’s has six times (2004–2009) ranked Ric Edelman among America’s 100 top financial advisors. In 2009, Ric was ranked the #1 independent financial advisor in the nation by Barron’s. In 2004, Ric was inducted into the Financial Advisor Hall of Fame, ranked by Research Magazine for his focus on the individual client and ranked #42 on Registered Rep magazine’s list of “America’s Top 50 Advisors.” Inc. magazine three times named the firm the fastest-growing privately-held financial planning firm in the country. Ric received an honorary doctorate from Rowan University in 1999, and in 2007 was inducted into the Rowan University Public Relations Student Society of America Hall of Fame. As a #1 New York Times best-selling author his five books on personal finance include Ordinary People, Extraordinary Wealth; The New Rules of Money; Discover the Wealth Within You; What You Need to Do Now; and the personal finance classic, The Truth About Money. His sixth book, The Lies About Money, was published in the fall of 2007 by Simon & Schuster and his latest book, Rescue Your Money, was published in the spring of 2008. Ric’s books have been translated into several languages. As a national radio show host on ABC Radio Networks, he can be heard on radio stations throughout the country. The live call-in advice program has been on the air for more than 15 years and earned Ric the A.I.R. Award for Best Talk Show Host in Washington D.C. (1993). He also publishes a monthly newsletter, has built one of the most comprehensive and free online educational resources about personal finance at RicEdelman.com, and is the author of video and audio educational systems that help people achieve their financial goals. Philanthropic Activities include Rowan University. They also funded the Edelman Nursing Career Development Center at Inova Health System Foundation. Ric served six years on the Board of the United Way of the National Capital Area and in 2007 completed his two-year term as Chairman of the Board. He also serves on the boards of The Boys & Girls Clubs of Greater Washington, D.C., and its foundation. Ric also is a full partner of the American Savings Education Council and the Jump$tart Coalition for Personal Financial Literacy. He is a former board member of Junior Achievement of the National Capital Area and served for three years on the Grants Committee of the Foundation for Financial Planning, where he remains a major donor. They also actively support HEROES Inc., Make-a-Wish Foundation, The Leukemia & Lymphoma Society, and many other charities. As Chairman and CEO of Edelman Financial Services LLC. He is also President and Director of Sanders Morris Harris Group. Ric is an Investment Advisor Representative and offers advisory services through EFS an SEC-registered investment advisor. He is also a Registered Representative of and offers securities through Sanders Morris Harris Inc., an affiliated broker/dealer, member FINRA/SIPC.Barron’s ranking “Top 100 Independent Financial Advisors” (Aug. 31, 2009) based on assets under management, revenues the advisors generate for their firms, and the quality of their practices.

Even though Jason believes in a fixed rate, long-term, buy and hold mortgage strategy, he encourages people to be informed about the additional financing options available. This week he and Naresh take a deep dive into the adjustable-rate mortgage, breaking it down into easy to understand piece parts. They also discuss the wrap around mortgage, what the term negative rate means and give numerical examples to clearly explain each distinct type of calculation. Early Bird pricing is available for the Orlando Property Tour & Creative Wealth Boot Camp Key Takeaways: [2:46] 5 Elements of adjustable-rate mortgages (ARM) [4:19] 1. Start or Teaser rate [5:10] 2. Index [7:20] 3. Margin [8:50] 4. Annual cap - 3 types [13:38] Negative interest rates [18:17] Negative amortization rate [19:05] Sophisticated investing techniques [22:43] AITD - Wrap around mortgage [24:23] Wrap around mortgage example [28:48] Don’t forget about the Orlando Property tour & Creating Wealth Boot Camp Mentions: JasonHartman.com

The emerging middle class is a billion strong and they are driving the new economy. If new businesses and entrepreneurs wish to stay in the game they will need to embrace the changing business landscape. They should throw out the old business plan and start with a noble cause, one which connects people with something no other company is able to connect them to. Legacy brands find themselves fighting for a piece of the new consumer. Key Takeaways: Jason’s Editorial: [1:30] Orlando Property Tour and Creative Wealth Seminar [2:32] Early 2016 Venture Alliance trip to Dubai [3:56] Message from Jeff about the Venture Alliance Rhode Island trip [6:10] Rich Dad advisor writer Garrett Sutton speaking at the next Meet the Masters [6:53] Upcoming shows John Sculley Guest Interview: [10:13] Unprecedented growth of company’s who talk directly with consumers [11:38] Democratizing the economy [12:44] Famous brands have their backs against the wall [13:54] Our changing workplace [15:28] Steve Jobs appreciated the Pepsi Challenge [18:37] The experience expectation [19:05] Consumer businesses John is working in [21:01] $129 for an Obi Worldphone [22:58] The legacy business plan is dead [24:44] Why have a noble cause [26:35] The new world middle class [28:36] A customer plan using common sense [30:30] How to contact Mr. Sculley Mentions: Moonshot! Venture Alliance Mastermind JasonHartman.com Garrett Sutton Hotwire Obi Worldphone MDLive JohnSculley.com Sculley Speaks

If you thought economics was boring, think again. At the heart of wars, land grabs, politics, history, and almost any sort of human interaction lies economics. Remember – economics is about money, and money, depending upon your perspective, either makes the world go ‘round or is the root of all evil. Either way, Jason Hartman’s interview of master economist, Martin Armstrong, for episode #382 of The Creating Wealth Show makes for scintillating listening. First, some background. Martin Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed. In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history. In August 2006, Armstrong pleaded guilty to one count of conspiracy to commit fraud, and began a five-year sentence. Armstrong is the developer of the Economic Confidence Model based on business cycles. He is known for claiming to have predicted the crash of 1987 to the very day. Using his theory that boom-bust cycles occur once every 3,141 days (the number pi multiplied by 1000), Armstrong claimed in 1999 to have predicted the Nikkei’s collapse in 1989 and Russia’s financial collapse in 1998. During this interview Jason and Martin delve into a number of topics: Putin’s PlanArmstrong reminds us that Russian President Putin is a KGB disciple who would love nothing more than to put the Soviet Union back together. Through this prism, it’s not difficult to see the reasons behind his land grab in the Ukraine. He believes that the strength of a nation depends upon how much territory it owns, so look out Poland, etc! It’s also worthwhile to note that the failure of communism in Russia left a void that has been filled by a good, old-fashioned oligarchy. Inflation vs. DeflationAs all good economists do, Mr. Armstrong has a strong understanding of, and opinions about, the inflation and deflation in an economy. Of course, Jason loves this topic whenever it arise in conversation. The main point Martin makes is that it is not inflation that destroys an economy, but rather deflation. Listen in as he explains exactly how. Other notes of interest from the interview: Why we’re on a 25-year war cycle and 8.6-year business cycle Why the US ended up in the enviable/unenviable status as the Brinks truck to the world Is the American dollar now a de facto international currency? The US will never enter hyperinflation (400% monthly inflation) – our corrupt bankers won’t let it happen It’s almost impossible for Americans to open a bank account or do business overseas – what is Europe afraid of? The next economic implosion will be in pension funds The real reason behind the recent huge influx of foreigners buying real estate investments in the US

Be sure to sign up for our Property Tour and Creative Wealth Seminar in Mid-November in the well-rounded city of Orlando, Florida.There are major medical companies investing in the surrounding area. There are also basics to the State of Florida which make it a good place to invest. It offers asset protection, has no income tax for its residents and is pro-business and pro-landlord. This hybrid market is ripe and when the real estate market there corrects itself investment properties will appreciate to their proper values. Key Takeaways: Jason’s Editorial: [1:14] A glitch in the previous Orlando podcast [2:56] Orlando Property Tour in mid-November including the Creative Wealth seminar [6:50] Meet the Masters in January [7:42] The new Joe Investor segment and more great real estate investment content Orlando Local Market Specialist Interview: [8:57] Re-introducing the Orlando market [10:10] Cash flow positive in a highly desirable market [10:54] The importance of demand and desirability [13:55] Judicial foreclosure states versus non-judicial foreclosure states [15:02] Removing the supply drives the price upwards and eliminates cash flow properties [17:04] Buying below replacement costs in Orlando [17:30] Appreciation and regression to replacement cost are two different things [18:28] Las Vegas may be a massively over speculated, natural growth was needed [20:39] Florida basics create an environment for job growth [22:09] Everybody knows Orlando, Florida - It’s more than Disney [23:45] Light rail systems are up and running [24:40] The market will correct itself; a cyclical evolution [27:25] The right team, great deals are available in a landlord friendly environment [29:07] Our management team was built for investors by investors [31:09] Nobody wants an eviction but if it happens our group does it well [34:56] Making the right choice in the real estate market - look 10 years in either direction [37:50] Looking at linear about to go hybrid markets like Orlando, Chicago Mentions: JasonHartman.com

The mainstream media doesn’t ever mention investment property as an asset class. Are they owned by Wall Street? Small investors must not buy enough ad space. The Consumer Financial Protection Bureau, in an effort to protect the average person, makes new regulations which actually reduce opportunities for entrepreneurs or any mid-level company without enough money to pay an army of lawyers to sift through the glut of compliance issues. We discuss regulatory changes and the new closing form. Key Takeaways: Jason’s Editorial: [1:37] Celebrating Jason’s birthday by paragliding [2:54] Real estate service providers and introducing new forms [4:35] New rules and documents for the Consumer Financial Protection Bureau [8:36] Mini case study voicemail from Mason [10:32] Outsmarting the Federal Reserve and the lame stream media [15:20] Downward pressure on property pricing [16:16] Upward pressure on rents [18:26] The good way out is technological innovation [19:50] Orlando income property tour in mid-November [20:56] Meet the Masters in San Diego, California on January 8 & 9 Ken Trepeta Guest Interview: [23:00] Integrating RESPA and TILA [25:28] No more HUD-1’s [26:08] The underlying rules are the responsibility of the lender of the closing disclosure form [28:50] The devil in the details of the Dodd-Frank document [31:50] Protecting consumers from paying too high interest [33:02] The investor community has certain exemptions [35:23] Small and midsize investors may need an army of lawyers [37:57] New real estate investors walk away after seeing the roadblocks [40:07] Preventing access to opportunities [41:05] Condominium loans vs single family home loans [41:58] How to contact Ken’s group Mentions: Venture Alliance Rich Dad Poor Dad JasonHartman.com RESPRO - Real Estate Services Providers Council

Jason Hartman talks with one of his Investment Counselors, Steve, about a Naked Capitalism blog post on the new real estate train wreck in securitized rentals. Wall Street’s newest “innovation” based on rental income. Will this be another Wall Street scam like the pools of subprime mortgages, auction rate securities, derivatives or numerous other products that were misrepresented to investors. Next up, a discussion of the ‘lost decade’ for the American middle class based on a Newser article and some talk about the investor-driven recovery in real estate.

We break closing costs down into small pieces to support Jason’s #1 rule of investing, thou shalt become educated. Understanding which costs are fixed and which are variable will help you to protect yourself and allow you to become your own best advisor. We take the confusion out of calculating the fees. And, will private equity firms be the next big player in the mortgage game? Sign up now for early bird pricing for our Meet the Masters event in lovely Southern California. Key Takeaways: Jason’s Editorial: [3:01] An article about character - the essence of a person [7:07] If you don’t stand for something you’ll fall for anything [7:51] Artificially intelligent ads [8:37] Edward Snowden, Hero or Villain? [11:04] As banks retreat private equity rushes in [11:37] Meet the Master event in January, SoCal - Get your earlybird pricing [12:26] Orlando Property Tour Guest Interview with Joe: [15:45] Looking at lender fees [17:15] Requirements for good faith estimates [19:52] What are lender or origination fees [21:01] Using an example of $142,500, figuring out the closing costs [22:40] Insurance charges for lenders and owners [23:49] Lender’s title insurance is one of the highest fees on the estimate [24:11] Depending on your state the seller provides the clean title insurance [25:01] Transfer stamps/taxes are local municipal charges [27:07] Recording fees [37:50] Points are fees to buy down the interest rates Mentions: Venture Alliance Mastermind Newser Article Dennis Waitley @edwardsnowden JasonHartman.com

Crunching the numbers sounds easy enough but which numbers do you use? National data doesn’t always reflect individual markets and using geographical data isn’t always a telling sign due to widespread changes in Fannie and Freddie’s level of risk. Jason and Daren take a deep dive into analyzing market data and how tagging markets as linear, cyclical and hybrid allow investors to understand good properties based on cash flow and ROI. The Venture Alliance trip to Newport, Rhode Island was a great success. The speakers who are specialists in their fields were truly informative. The very first Venture Alliance member shares his favorite part of the Mastermind, the hot seat. Key Takeaways: Jason’s Editorial: [1:26] Upcoming episodes on financing [2:07] Our first Venture Alliance member is on the podcast [5:01] Houses starting at $400,000 on Martha’s Vineyard [9:06] Rehashing the Rhode Island trip [10:21] Hard money, short and long term lending, how it affects your debt to income ratio [14:18] The hot seat is the best part of the Mastermind [16:10] Recreational time is still business time during the Venture Alliance trips [17:44] A discussion is more intimate than a presentation [18:26] The inflation/deflation debate Daren Blomquist Guest Interview: [20:44] National data doesn’t always reflect geographic niches [22:24] RealtyTrac is, at its core a data company [25:07] We have the ability to license, or re-sell the data to other companies [26:40] Home sales are at an 8 year high when analyzing 190 markets [29:00] The homeownership rate helps our clients to analyze markets [30:54] We analyze the tax assessor information for rental properties [33:37] Everything’s relative [37:32] Thinking of real estate markets as linear (boring), cyclical and hybrid [42:40] A combination of jobs and universities help real estate markets [44:43] Extend and pretend or delay and pray markets [49:44] Market influences are tipping towards introducing additional risk Mentions: JasonHartman.com Venture Alliance Mastermind RealtyTrac CoreLogic Black Night

Jason Hartman is joined by Dr. Steve Sjuggerrud, editor for Stansberry Research, for a discussion of real estate investing domestic and international, attractive mortgage rates, and government deals that are making real estate a much more attractive investment. Steve talks about what he calls the “Bernanke Asset Bubble,” where the Fed would like to see a booming real estate market and stock market to get the country back on its feet. Jason and Steve also talk about the demographics of the rental market and comparative returns of the rental market and stocks. Dr. Steve Sjuggerud is the founder and editor of one of the largest financial newsletters in the world, True Wealth. Since inception in 2001, True Wealth readers have made money every year with safe, contrarian investment ideas. Steve did his PhD dissertation on international currencies, he’s traveled to dozens of countries looking at investment ideas, and he’s run mutual funds, hedge funds, and investment research departments. Steve’s investment philosophy is simple: “You buy something of extraordinary value at a time when nobody else wants it. And you sell it at a time when people are willing to pay any price to get it.” It’s harder than it sounds, but Steve continues to be able to do just that for his readers.

The fact that U.S. homeownership rates are tumbling is great news for real estate investors! The time is ripe for cash flow oriented linear markets. And it just so happens Pro.com’s home project service engine is up and running at full capacity. I talk with Matt Williams, formerly of Digg.com, about the latest and greatest tool for real estate agents and investors, Pro.com. Pro.com is a new service which gives you the price of a pro contractor to complete your home services upfront, so you know exactly how much you can expect the bill to be. There were no fee’s exchanged for this or any of my podcasts. Don’t Forget Early Bird pricing for Meet the Masters available on JasonHartman.com Key Takeaways: Jason’s Editorial: [2:06] Giddy for the upcoming interview [3:45] Removing the 3rd party from the equation [5:23] Podcasters are charging guests to be on their show [5:53] We are working on a self-management software tool [7:30] Income is judged by the net operating income, not cash flow [8:39] The Zerohedge article - U.S. homeownership rate tumbles [11:00] I’m excited I want a 55% homeownership rate [12:52] Median U.S. asking rent is $803 [13:46] The time is ripe for cash flow oriented linear markets [14:55] Real income in the U.S. is at 1989 levels [17:39] Will the economy be outdone by free market technology Matt Williams Guest Interview: [20:59] Learning the ins and outs of building marketplaces and communities at Amazon [22:01] Digg’s V4 - An attempt at a personalized news experience [25:21] Incubating Pro.com at Andreessen Horowitz [27:26] Real estate investors are able to get a quote from any zip code in the U.S. [28:25] Homeowners have access to what it cost to get their home ready for sale [30:09] The most comprehensive pricing engine for any home project [32:40] The problem is a lack of transparency for home services [34:22] What the job should cost broken down for the consumer [35:40] It’s really for every single job you can imagine in the home [38:00] We handle the payment processing also [39:04] Thousands of common projects and the multiple variations [40:08] There are a lot of jobs left undone because people don’t know the price upfront [41:10] We survey the pro after the job and post rankings [41:58] How real estate agents work with pro.com [44:12] This free service is nationwide, right? Mentions: Pro.com Digg.com Andreessen Horowitz The Mystery of the Missing Inflation - Tyler Durden JasonHartman.com VentureAllianceMastermind.com

Welcome to episode 571 of Creating Wealth Real Estate Investing. If you’re here it’s because you’re interested in creating or growing your wealth through real estate investing. And today’s episode is the perfect vehicle to help you do that. One of our experts, Joe, joins us to give the down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. We also talk about whether or not you need an attorney to close a loan, the differences between technical refinancing and cash out refinancing as well as how many months’ of reserves you need. This is expert advice free of charge! And it’s all here on today’s episode of Creating Wealth Real Estate Investing. Quick answers in the lightning round to all of the most important financing questions. We dig in and ask prudent questions of Joe our financing guru. If you are looking to create your wealth through real estate investments this is the episode for you. Down and dirty details of what it takes to get the best financing deal and the specifications you need to qualify for up to 20 properties. Expert advice free of charge! Key Takeaways: Jason’s Editorial: [1:23] Lender Lightning Round show [1:58] The great Facebook debate [4:29] Commandment #3 - Thou shalt maintain control [9:28] Ric Edelman’s - 10 great reasons to keep a long term mortgage and never pay it off [11:07] The supply chain of financial advisors [15:40] It’s an amazing time to be alive [16:18] The Chinese Government makes it easier to buy overseas assets [18:40] Newport Rhode Island trip for Venture Alliance members and guests [19:51] CW - 565 is now the Orlando market profile Financing Lightning Round with Joe: [21:30] Inflation induced debt destruction [22:15] Financing 10 properties per spouse through Fannie Mae [22:53] Down payments vary - 5% down reduces your rate [23:43] Financing through an LLC [24:24] 1 loan, 1 property with vanilla residential financing [25:45] Multiple inquiries about your credit score can lower it over time [27:00] A LLC needs different insurance [27:47] Is a power of attorney be sufficient to close the loan [28:29] An attorney is not needed to close the loan [29:57] A 2 year landlord history - Fannie Mae no, Freddie Mac yes [30:56] The minimum credit score is 620 for the first 4 properties, 720 for 5-10 [31:50] Cash out refinancing on investment properties [33:05] You can always finance your primary residence but different guidelines may apply [34:21] Lenders need 6 months of reserves [35:37] Offsetting the mortgage payment based on possible rental income [37:42] Rental income loss [38:38] Technical refinance or delayed financing [40:22] 100% replacement cost needed in homeowners insurance [44:37] Do your due diligence but beware of multiple credit checks Mentions: JasonHartman.com Fruitcake Fraud Financial Survival Show VentureAllianceMastermind.com

Jason Hartman interviews research scientist, Heidi Grant Halvorson regarding the science behind human motivation and success. There are many successful people in the world who are highly motivated and have concise goals, but how many actually understand why they’re successful or why they fail? The common belief is that certain people are just genetically wired to succeed or fail. Heidi states this is not entirely the case and shares the findings of scientific research on achievement. She talks about strategies that people use, principles that people can count on and apply to their own life, and states that our own intuition about what helps us succeed or causes us to fail can often be incorrect. It’s not about ability or IQ. Heidi explains the psychological factors behind how people react to challenges, the beliefs and mindsets that people have as they try to reach a goal. Defining success is personal, dependent on an individual’s sense of well-being, lasting happiness and autonomy. She says it’s important to be specific about goals, to break them down into manageable, specific pieces that are planned out with when and where, and taking the time to define success for ourselves. Jason and Heidi also discuss the relationship between money and happiness, expressing that there is a money point where it does make it easier to make choices and pursue the things individuals find interesting in life, plus containing a sense of accomplishment and opening the door to help others. Unhappiness comes about when a person makes and uses their money for the wrong reasons, lacking sensibility, leading to dissatisfaction. Heidi emphasizes motivation and realistic goals are important. Jason shares his own opinion on wealth, noting that, on the one hand, having more “things” can actually become a burden, but it does allow a person to help others and create experiences and memories. Heidi states that what people do with their wealth is the important factor for fulfillment and happiness. Heidi Grant Halvorson is a rising star in the field of motivational science. She is a an Expert Blogger for Fast Company, The Huffington Post, and Psychology Today, as well as a regular contributor to the BBC World Service’sBusiness Daily, the Harvard Business Review, and SmartBrief’s SmartBlog on Leadership. Her writing has also been featured on CNN Living and Mamapedia. Heidi is also Associate Director of the Motivation Science Center at the Columbia University Business School. In addition to her work as author and co-editor of the highly-regarded academic book The Psychology of Goals (Guilford, 2009), she has authored papers in her field’s most prestigious journals, including the Journal of Personality and Social Psychology, Journal of Experimental Social Psychology, Personality and Social Psychology Bulletin,European Journal of Social Psychology, and Judgment and Decision Making. She has received numerous grants from the National Science Foundation for her research on goals and achievement. Her work has been praised by Carol Dweck and Matthew Kelly, among many others. Dr. Grant Halvorson is a member of the American Psychological Association, the Association for Psychological Science, and the Society for Personality and Social Psychology, and was recently elected to the highly selective Society for Experimental Social Psychology. She gives frequent invited addresses and speaks regularly at national conferences, and is available for speaking and consulting engagements, primarily in education, marketing, and management. She received her PhD in social psychology from Columbia University.

So you’ve decided to invest in real estate, what now? Using the checklists provided by Jason and his team you can take things step by step and not miss a thing. Even if this is your first investment you can be certain you are making educated decisions on home inspectors, insurance companies and lenders by using this simple tool. You’ll have your real estate portfolio up and growing in no time. Key Takeaways: [1:35] The Creating Wealth Show is the #1 way to achieve better real estate investing [3:23] First steps to acquiring a property [6:02] Some providers use year built as the rehab date [7:22] Every property will sell at the right price [8:37] Big retailers don’t make investments easily, use it as a sign [10:05] A checklist after the purchase agreement [12:06] How to pick a home inspector [13:41] 50 shades of cahoots [16:53] Pre-approval for financing and understanding their language [19:19] A good track record is important to us [20:06] Being disloyal to markets and lenders is a good thing [22:44] Dealing with a nationwide insurance company and umbrella policies [27:26] During closing time use the change of address form for your investment property [30:42] Venture Alliance fall foliage tour coming up soon, talk to your investment counselor Mentions: The Checklist Manifesto Pillar to Post JasonHartman.com Venture Alliance Mastermind

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

Jason Hartman starts with a discussion about the recent Facebook IPO scandal. Morgan Stanley and the other IPO underwriters gave the bad news to their big clients about Facebook having a bad quarter but didn’t bother to tell their financial advisors and individual clients about this – more bad behavior on Wall Street? Short Bloomberg News clip. What would Eliot Spitzer think of Morgan Stanley CEO James Gorman? Jason reviews a SWOT Analysis for Investment Property including the following points: StrengthsCash FlowFragmented Markets & Providers“Push” AppreciationReal AppreciationPhysical, Real AssetWeaknessesRepairsVacancyManagementNatural DisastersMarket ConditionsOpportunitiesInflation-Induced Debt Destruction(TM)Regression to Replacement Cost(TM)Rent IncreasesAcquisition Price Below Replacement CostGen YLow FICO Scores = More RentersFannie MaeThreatsRent CollapsePrice DeflationPopulation Out-MigrationNew Inventory Suppressing Rents Join Jason and his team for their very first LIVE east coast event! Atlanta Income Property Investment Tour + Education http://www.jasonhartman.com/atlanta-investment-property-tour/. Finally, Jason talks with one of his clients who finances farmland about his growing income property portfolio and outlook on the residential rental property market.

A look at three different tax scenarios. What would you pay if the proposed flat, fair and sales taxes were implemented. Currently with issues such as underreporting of personal business tax, formal renunciations and “workers without papers” paying tax the IRS claims to be billions behind it what it should be collecting. John Gavers current book delves deep into the intricacies of the flat and sales tax programs and his upcoming book will dissect the fair tax and how the economy would be affected if it were to replace the current U.S. tax system. Key Takeaways: Jason’s Editorial [2:00] The age old tax debate [3:13] The velocity of money [3:54] Candidate Obama eluded to an asset tax [4:33] Capital formation means the capital is never really dormant [6:35] An update on upcoming shows [7:05] The new VentureAllianceMastermind.com answers all of your questions John Gaver Guest Interview: [9:20] The IRS report says the rich are paying too much tax [10:44] 2300% increase in formal renunciations [13:33] Is California the new Michigan [14:55] Does a flat income tax make sense [17:49] The Reagan reform 2 tax brackets [19:45] The book is based on IRS total collections [20:47] The fair tax taxes “workers without papers” [23:05] John’s position is … [26:01] A national retail sales tax would be collected at the state level [28:35] Consuming a service is considered taxable [29:34] Buying a used home would be tax free but would anyone buy a new house [30:33] My The Tax Deception book will look at the fair tax [31:31] A flat tax will end up hurting the middle class Mentions: Venture Alliance Mastermind JasonHartman.com The Rich Don’t Pay Tax

Orlando is more than Disney, it’s a well rounded city. There are major medical companies investing in the surrounding area. There are also basics to the State of Florida which make it a good place to invest. It offers asset protection, has no income tax for its residents and is pro-business and pro-landlord. This hybrid market is ripe and when the real estate market there corrects itself investment properties will appreciate to their proper values. Early Bird pricing is now available for January’s Meet the Masters event in SoCal. Key Takeaways: Jason’s Editorial: [2:10] An app Jason likes which tells him about the humidity he doesn’t like [5:15] Meet the Masters event in January 9 & 10, 2016 - save the date [6:41] Florida is a no income tax state and it’s asset protection friendly [7:08] Tampa, Florida may be under rated but the market is too expensive [8:06] The biggest cities with the highest foreclosure rate [9:17] Land contracts in Grand Rapids, Michigan, owning notes means less responsibility [11:18] Congratulations Russell for developing the life you want! [13:01] The 2nd Venture Alliance trip coming up in Newport, Rhode Island Orlando Local Market Specialist Interview: [18:23] Foreclosures allow you to go cash flow positive in Orlando [19:14] Market basics for achieving cash flow and appreciation [22:38] Judicial foreclosure states versus non judicial foreclosure states [23:31] Removing the supply drives the price upwards and eliminates cash flow properties [25:30] Buying below replacement costs in Orlando [26:59] Las Vegas may be a massively over speculated, natural growth was needed [28:29] Large companies are investing in Orlando [30:31] Everybody knows Orlando, Florida - It’s more than Disney [33:51] Separating the Orlando market from other markets [35:48] The right team, great deals are available and it’s landlord friendly [37:30] Our management team was built for investors by investors [39:31] Nobody wants an eviction but if it happens our group does it well [43:20] Making the right choice in the real estate market - look 10 years in either direction Mentions: JasonHartman.com Dark Sky App

While the last several years have seen huge losses for most investors in stocks, it has provided some valuable insights and allowed development of new concepts for stock investing. Jason Hartman talks with Dr. Chris Kacher and Gil Morales, principles and managing directors of Virtue of Selfish Investing, LLC and MoKa Investors, LLC, regarding their take on the markets, particularly commodities. Chris and Gil explain their investment philosophy and concepts born out of frustration with other market strategies failing, relating how they were able to get through the market crash and the continued instability. One of the concepts is the Pocket Pivot, a favorable entry point in a stock before it breaks out of the stock base. Gil and Chris also share their outlook on stocks, commodities, currencies and inflation. Dr. Chris Kacher is a stock investor and strategist with a background in the nuclear sciences. He is a co-founder of a stock advisory service, VirtueOfSelfishInvesting.com. Chris Kacher is a protégé of William O’Neil. He is known for achieving a total return of 18,241% during the period of 1996 to 2002 which he describes in his book Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market co-authored with Gil Morales. Prior to his career as a stock trader, Dr. Chris Kacher pursued an education in the nuclear sciences at the University of California, Berkeley. He won a Charles D. Coryell Award while being undergraduate. As a graduate student he contributed to the confirmation of the existence of Seaborgium and a synthesis of an atom of Darmstadtium. He received a Doctor of Nuclear Chemistry degree in 1995. In 2009, Chris Kacher released a debut album of his piano compositions Teardrop Rain under a stage name of Christian Casher. He is a certified practitioner of neuro-linguistic programming and hypnosis. He (in co-authorship with Gil Morales) is a regular contributor to MarketWatch. Dr. Kacher is also currently a principal and Managing Director of MoKa Investors, LLC and Virtue of Selfish Investing, LLC, www.virtueofselfishinvesting.com. He currently manages money for qualified investors through each of those firms, and is a frequent guest and commentator on MarketWatch.com, CBS’s Portfolio Doctor, and CNN News Radio’s Wall Street Shuffle, among other venues. He and Mr. Morales are currently writing a second book to be published by John Wiley & Sons, Inc. in summer of 2012. Mr. Morales began his investment career in 1991 as a stockbroker in the Beverly Hills branch of Merrill Lynch. In 1997, William O’Neil personally recruited Mr. Morales to join William O’Neil + Company, Inc. where he spent the next eight years as a Vice-President, internal Portfolio Manager responsible for managing a portion of the firm’s proprietary assets, and Manager of the O’Neil Institutional Services group responsible for advising over 500 of the largest and most successful institutional investors in the world, including mutual fund, pension fund, and hedge fund clients. Mr. Morales also co-authored with William J. O’Neil a book on short-selling, “How to Make Money Selling Stocks Short,” published by John Wiley & Sons in 2004. In 2004, Mr. Morales was appointed Chief Market Strategist for William O’Neil + Company, Inc. In addition to co-authoring, “Trade Like an O’Neil Disciple,” he also contributed to the book, “Wiley Trading Guide, Volume II,” published in 2001. In the period from January 1, 1998 to December 31, 2005, Mr. Morales achieved in his personal account a total return of 10,904.25% as audited by Rothstein Kass & Company, a hedge fund auditing firm. Mr. Morales received his B.A. in economics from Stanford University. Mr. Morales is also currently a principal and Managing Director of MoKa Investors, LLC and Virtue of Selfish Investing, LLC, www.VirtueOfSelfishInvesting.com. He currently manages money for qualified investors through each of those firms, and is a frequent guest and commentator on Fox Business News, MarketWatch.com, and CNN News Radio’s Wall Street Shuffle and Opening Bell shows, among other venues.

If you are using your buy and hold properties as short term rentals, through a company like Airbnb, you may be required to pay an additional 15.3% self employment tax. Although it may seem like a gray area to you, the IRS considers it an active business and will take note of which schedule you are filing. Short term rentals require more of your labor and your time which rarely gets accounted for when calculating costs. Considering all the aspects of short term rentals versus long term buy and hold properties will shield you from future surprises. Key Takeaways Jason’s Editorial: [2:04] The huge flaw in Airbnb [3:10] The passing of Dr. Wayne Dyer [4:14] The female perspective [5:40] Positive Feedback from the 1st Jason Hartman University [7:39] Save the Date for the next Meet the Masters in early January 2016 [9:30] The Venture Alliance Rhode Island trip details Brandon Hall Guest Interview: [15:02] Airbnb investors also have a 15.3% tax on active income [16:13] Monetizing the value of your time [16:44] Automated business systems allow me manage my real estate in only 30 min per month [19:01] It’s more time and labor intensive than a buy and hold property [21:50] A complicated scenario in setting up short term rentals [24:49] Short term rentals may earn more but the time is not factored in [25:45] Schedule E or Schedule C? [27:47] The IRS may be bringing on the audits [29:33] A 5 year depreciation schedule [31:05] The diminimous safe harbor [33:23] 500 material participation is solely for rental properties [36:06] An example of a three unit qualifier for material participation [37:53] Long distance self management is possible and maybe easier [39:35] Segmented depreciation, cost segregation using a sears catalog [42:41] Feasibility studies are expensive [44:43] Everybody needs a home office Mentions: YourErroneousZones JasonHartman [email protected] EO HallCPALLC

Jason and Naresh discuss the lure of working on Wall Street and how big firms lure college kids with 6 figure salaries and pricey hotel stays. They delve into real estate being the most multidimensional asset class and the financial protections it offers. They reflect on clients who are using money from their corporate jobs to build their real estate portfolios by investing in income property on their way to becoming financially independent. And finally, the unsafe, unstable investment of gold. Key Takeaways: [2:01] Florida is very desirable for a lot of reasons [4:15] Naresh went to Duke and worked on Wall Street [6:12] An example of a Super Day at Morgan Stanley [10:06] Kids don’t aspire to work on Wall Street, they are courted in college [11:22] $150,000 a year right out of school [13:06] We sell out when we become adults [14:38] Venture Alliance event in September go to JasonHartman.com to sign up [15:06] Invest money from your corporate career as a base on which to build your wealth [16:44] You have no idea how the machine called Wall Street works [17:38] Will gold continue to drop in value? [18:20] Generation Y, what is it they find value in [19:29] 7 reasons real estate is better than gold [22:03] Your best insurance is a high loan balance [23:25] Is your gold hiding offshore? How do you know it’s in storage? [25:22] Jason’s Grandfather was a coin collector and had his home invaded for it [28:45] 25% down for cash on cash return of 12% annually [30:00] Multidimensional asset class is basically many different dimensions of income [31:00] Information on future episodes Mentions: MorganStanley HudsonHotel JasonHartman 7 ReasonsRealEstateisaBetterInvestmentthanGold GoldAntitrustActionCommittee

Jason Hartman is joined by contributing author for GoldMoney.com, Alasdair MacLeod for a rousing discussion of the decline of the European economy, the mistakes of the European Central Bank and EU, and how “governments are eating their own children.” Alasdair makes a rather accurate comparison between the fall of Rome and the current economic disaster around the world, calling it the Nero influence. Governments continue to spend money and introduce new taxes that are detrimental to the people they serve. The ECB is now lowering collateral standards as they run out of quality collateral, such as taking on mortgage-backed securities, in exchange for helping banks and governments. Alasdair said the real problem among Greece, Spain, Italy and other countries in crisis is that they are broke, yet they continue to meet to discuss increasing spending to build infrastructure and creating token taxes. Governments the world round are in a debt trap, including the U.S. Alasdair feels there is only one way to defer the imminent fall and that is for the Central Banks to come together and put into play quantitative easing. Governments would then need to seriously cut their excessive, wasteful spending.

If you are in control of your life your kids do not talk back to you, you tell the waiter your food is subpar and you believe in every single word you say. If the aforementioned doesn’t ring true for you then you need to “grow a pair” and get your house in order. If you decide not to tell someone they are stealing your time and money at your business then by default you are condoning it. Larry believes you are providing people a service by telling them the truth. They need to experience the failure and the pain in order to allow them to learn from their mistakes. Keeping quiet doesn’t help anybody. Last call for Jason Hartman University Live in San Diego Key Takeaways: Jason’s Editorial: [1:58] Our 2 day content driven real estate investment course, JHU Live! in sunny San Diego [3:33] The Venture Alliance trip to Newport Rhode Island in the last days of September [4:56] Is this the beginning of the economic meltdown [6:04] Content for JHU Live includes specialists in land contracts and investment property lenders Larry Winget Interview: [8:07] Entitlement is the biggest enemy to our society [8:59] People need stronger opinions and need to stand up for them [9:44] Living on the edge is what gets one into history books [10:50] The “I have a pair” test [12:16] If you put up with something you condone it [12:50] If you want to do the other party a service speak up about crappy service [13:54] Peale’s “ruined by praise than saved by criticism” quote [14:57] Ground your opinion and refuse to create drama [16:14] I provoke people on purpose [17:33] Which is better having rabid fans or rabid enemies [19:35] I can count on my haters, they buy my products [20:28] Numbness is a caused by a of lack of confidence in a speaker's’ faith in what they say [21:51] Businesses can grow a pair by refusing to tolerate thieves or 20% of their employees [23:27] We expect more out of our government than we expect out of ourselves [25:21] Being in the middle is a safe place but it’s no fun [27:12] Honest and open communication isn’t welcome in a world of political correctness [28:44] I respect all opinions on my social media page [30:38] It’s not about changing somebody else it’s always about yourself [32:49] Kid’s need to experience failure and friends need the truth

Many of you have trusted us with your past and ongoing real estate investment transactions and we appreciate it. We take time in today’s episode to share your successes with others, discuss the joy of seeing you at live events and invite you to contact us if you would like to be on the show. We enjoy having you as clients and we are happy to offer you the type of service that a group of our size can acquire. Your investment portfolio’s are leading you towards financial freedom and your stories are inspirational. Thanks and congratulations from our entire team. Key Takeaways: [1:42] Talking directly to you the clients and the listeners [3:17] Freedom is the benefit of investments [3:55] Fannie Mae/Freddie Mac guidelines - 10 loan per person limit [4:50] Congratulations to those building great portfolios! Add applause here [6:29] Russ - a real client story about firing his boss [9:06] Kathy from California signed up for JHU Live [9:30] Congrats to Jessie for a recent close of properties in Memphis [10:01] Over Diversification is more than 3-5 markets [10:50] Getting clients to open up about their goals from the beginning [13:00] Feedback helps you to consolidate and double down in a few good markets [16:06] A B market with an A team is better than an A market with a B team [18:00] Our organization gives you leverage through quantity [18:57] The soft factors are personalities [19:54] Free shirts for investment therapists and matchmaking [21:05] It truly is still a Mom and Pop business structure which preserves our opportunities [23:26] Toby’s personal experience of a 19 property portfolio [25:17] A shout out to Andy & Stacy for continued success [26:09] The shoulda coulda woulda mentality [27:04] Damon & Bill working land contracts [29:03] We’d love to have you on the show [30:18] JHU Live & Venture Alliance events are coming up soon [31:34] Lifetime rental coordination through our organization [32:03] Come out and meet us at our live events at least once a year Mentions: JHU Live - Register here JasonHartman.com [email protected] for 30% off

Jason Hartman hosts an interesting interview with Professor Laurence Kotlikoff, author of The Clash of Generations: Saving Ourselves, Our Kids, Our Economy, regarding the problems with the economy and the effect that the astronomical national debt and government spending will have on generations to come. Professor Kotlikoff paints a picture of the magnitude of these issues very clearly, explaining that the fiscal gap is $211 trillion. He explains that we would have to raise every federal tax immediately and permanently by 64 percent or cut all non-interest spending by the government (Medicare, Social Security, defense spending, etc) by 40 percent. “The country is broke, totally broke,” says Professor Kotlikoff. He emphasizes that this applies to today, not 75 years down the road. Jason and Professor Kotlikoff also discuss why the 2007 quadrupled money base through money printing hasn’t hit the streets yet in the form of hyperinflation. Essentially, banks are being bribed to hold money reserves by the Fed. In simplistic terms, the Federal Reserve prints the money, lends it out at very low interest rates to the banks, and then the banks deposit it back with the Federal Reserve and get a higher interest rate. This makes banks more solvent over time without the public ever knowing what is going on. Professor Kotlikoff also talks about a proposal to fix the financial system, which he refers to as a fragile system, presently a “trust me” banking system where the public is unaware of what the banks are doing with their money. Laurence J. Kotlikoff is a William Fairfield Warren Professor at Boston University, a Professor of Economics at Boston University, a Fellow of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, a Research Associate of the National Bureau of Economic Research, President of Economic Security Planning, Inc., a company specializing in financial planning software, a frequent columnist for Bloomberg and Forbes, and a blogger for The Economist and The Huffington Post. Professor Kotlikoff received his B.A. in Economics from the University of Pennsylvania in 1973 and his Ph.D. in Economics from Harvard University in 1977. From 1977 through 1983 he served on the faculties of economics of the University of California, Los Angeles and Yale University. In 1981-82 Professor Kotlikoff was a Senior Economist with the President’s Council of Economic Advisers. Professor Kotlikoff is author or co-author of 15 books and hundreds of professional journal articles. His most recent books are The Clash of Generations (co-authored with Scott Burns, MIT Press), Jimmy Stewart Is Dead (John Wiley & Sons), Spend ‘Til the End, (co-authored with Scott Burns, Simon & Schuster), The Healthcare Fix (MIT Press), and The Coming Generational Storm (co-authored with Scott Burns, MIT Press). Professor Kotlikoff publishes extensively in newspapers, and magazines on issues of financial reform, personal finance, taxes, Social Security, healthcare, deficits, generational accounting, pensions, saving, and insurance. Professor Kotlikoff has served as a consultant to the International Monetary Fund, the World Bank, the Harvard Institute for International Development, the Organization for Economic Cooperation and Development, the Swedish Ministry of Finance, the Norwegian Ministry of Finance, the Bank of Italy, the Bank of Japan, the Bank of England, the Government of Russia, the Government of Ukraine, the Government of Bolivia, the Government of Bulgaria, the Treasury of New Zealand, the Office of Management and Budget, the U.S. Department of Education, the U.S. Department of Labor, the Joint Committee on Taxation, The Commonwealth of Massachusetts, The American Council of Life Insurance, Merrill Lynch, Fidelity Investments, AT&T, AON Corp., and other major U.S. corporations. He has provided expert testimony on numerous occasions to committees of Congress including the Senate Finance Committee, the House Ways and Means Committee, and the Joint Economic Committee.

Do you have the sense to wait out the market during lag times? Buy and hold is Jason’s philosophy and he is a self made multi millionaire. The average American will never buy at the markets lowest point nor sell at the highest point. For most it takes time for the media’s influence to inspire action which means always being late to the game. Increasing your knowledge and learning pertinent facts and figures will help you to anticipate upcoming changes in the market. This September in San Diego is your opportunity to receive a complete real estate investment education so you too can create your own wealth. You can sign up at Jasonhartman.com and don’t forget to claim 30% off of JHU Live with screenshot of your iTunes review. Key Takeaways: [2:10] The impact of technology on inflation [3:18] Rate of change in inflation rates [6:01] Deflation in 2015 - July being the most deflationary month ever in the U.S. [8:24] Maintaining yield with the income and expense ratios [9:53] Staying power through lag time [11:09] How deflation affects real estate markets [13:58] Cash flow allows you to weather the downmarket storm [16:15] Jason’s Commandment #5 - Thou shalt not gamble [18:22] Naresh questions what happens to the real estate market if we see a rate hike in 2016 [19:00] The 3 dimensions of real estate are buy, rent or homeless [21:42] Multidimensional asset class and price discovery [23:08] An example of an exchange to a linear market [25:00] Jason Hartman University Live in San Diego and Venture Alliance trip to Rhode Island [30:00] Gold doesn’t produce income and its not a good asset class Mentions: Jasonhartman.com Shadowstats [email protected]

Jeff, a client, has questions regarding recent investments in Chicago. Research has led him to question local school rankings, foreclosures and exit rates of the area. A Chicago local market specialist addresses all three items and adds some facts and figures regarding this world class city, such as 42% of the people in Chicago are renters. Plus, the young mobile class will be attracted to Chicago for its affordable living and international recognition. Getting 30% off of JHU Live is as easy as sending us a screenshot of your review on iTunes. And don’t forget to sign up for next Venture Alliance in Newport Rhode Island during September to see mansions and fall foliage. Key Takeaways: [2:14] Absorption rates - understanding the statistics [4:35] Comparing La Hoya, CA to the Chicago, IL housing market in cost per square foot [7:09] Invest in assembled commodities they are far less volatile [9:50] The median sales price and the median list price are telling numbers about the area [11:59] Chicago average home price [13:53] Foreclosures can flood the market changing the absorption rate [14:36] Jeff wants to know if he is suffering analysis paralysis [15:36] In Chicago family oriented areas have higher taxes [18:07] A school’s infrastructure may be more important than its ranking [19:57] The foreclosure process in a judicial foreclosure state takes much longer [21:00] Zillow groups all sales in an area together it may not be a good guide for individual homes [21:50] Housing markets that are slower to recover are often more stable to invest in [22:56] Chicago is a world class city and a thriving economy [25:34] The midwest is a favorite emerging market [26:51] Chicago is the most moved to destination in a study by Van Lines [28:06] San Diego event is Jason Hartman University Live [28:30] Lender Top 1% of originators in the nation it’s a volume business [29:48] Take a screenshot of your iTunes review and receive 30% off of JHU Live! Mentions: Jasonhartman.com How to Lie with Statistics Zillow Van Lines [email protected]

Land contracts are something that a lot of investors have heard of, but maybe don’t fully understand. Jason Hartman invites a Meet the Masters speaker, to join him on the Creating Wealth Show to discuss what land contracts are, how they differ from traditional landlord operating processes and even goes in to what to do if it all goes wrong. He’ll be speaking more in-depth at the Meet the Masters event in January, but here’s a taste of what you can expect. Key Takeaways 06.10 – Guest provides his personal experience and how he started to get involved with land contracts. 09.50 – Land contracts are there to help out those who can’t buy through conventional financing processes. 14.25 – Because of the distinction between owner and deed holder, tenants with land contracts usually have a different mindset which is far more preferable for landlords. 18.25 – Negotiations are currently happening in an attempt to get around an 85% discount on land contracts. 22.05 – There’s always a risk. Here it is: ‘What if the person doesn’t pay?’ 27.18 – If getting into this side of investment, it’s vital to know your legal rights and know how to work with the attorneys. 34.26 – Don’t get lulled into a sense of security of thinking it’s risk-free, but there are certain options with fewer risks and more chance of success. 37.00 – Know your land contract buyer and their background before agreeing anything. 38.58 – If you haven’t yet registered for Meet the Masters, time and capacity limits are now running short so be sure to take advantage of a great opportunity and register at www.JasonHartman.com

2016 presidential candidate Mark Everson has qualifications in both private and government sectors. He believes the U.S. needs a leader with experience in both. His policies, he believes, closely match the desires of the American public and he promises to uphold the constitution and restore the pride we once had for our nation. He is asking listeners to engage with him on his website. Early on, Jason and Naresh discuss markets affected by fracking and why rental properties may not be a good idea right now. JHU Live is now at early bird level #2 now so get your spot reserved today and will you join Jason in Dubai? Key Takeaways: Jason’s Editorial: [2:45] Naresh reflects on Porter Stansberry’s podcast [5:40] Baltimore is a dilapidated city with high crime [8:41] Give us your feedback on our new search engine at Jasonhartman.com [10:30] Pittsburgh and Buffalo just don’t have many good real estate investment options [11:20] Utopia in the shale oil boom areas and Obama’s 3rd term [13:42] Newport Rhode Island is our next Venture Alliance trip [15:21] We will hold on to our properties in Houston but may not buy anything else [16:10] Shale oil (fracking) exploration is expensive [17:55] A qualified candidate that hasn’t been invited to the debates [18:50] Debates are a scam and money corrupts elections [22:14] JHU Live event in early bird level #2 - 30% off for an iTunes review [22:47] The Venture Alliance trip in September Mark Everson Interview: [23:36] I’m running because the U.S. needs a leader who knows government and private sector [24:38] Mark’s positions on key issue’s at markforamerica.com [27:30] Our shared destiny - sacrificing for the nation and assimilation [29:38] Donald Trump may be sabotaging the republican party [31:27] Does the U.S. have dynasty type families made for politics [32:40] Executing laws as written not as we want them to be [34:01] Wall Street is the modern version of organized crime [34:41] Executive branch overreach [36:05] Running for a single term is best for the country [36:56] Thoughts on Obamacare and defining full time work [39:25] Would line item veto hold the president responsible to the people [41:08] Being excluded from the debates Mentions: Jasonhartman.com Alliant Group MarkforAmerica.com

Jeff, an existing client, is researching buying multiple properties at once in the Chicago area. After much debate about the advantages and disadvantages Jason gives a thumbs up in support of the venture. Because it’s true that buying multiple properties at once will save investors time and paperwork. Affordable maintenance costs, low vacancy rates and cost of living make Chicago the least expensive world class city in the U.S. And don’t miss next Wednesday when Jason interviews another presidential candidate and tells you more about JHU Live, a real estate investment workshop in sunny San Diego, California. Key Takeaways: [1:40] Look forward to Wednesday for an interview with a presidential candidate [2:46] The next Venture Alliance trip will be in Newport Rhode Island & Martha’s Vineyard [5:53] JHU - Live in San Diego - Meet the Masters [7:28] Land Contract experts will be at Jason Hartman University Live [8:42] Write a review on iTunes and send a copy to [email protected] and get 30% off Jeff Morris interview: [10:02] Jeff asks Jason’s advice about investing in Chicago [11:43] Chicago is great but there are a few reasons why it’s not a slam dunk [11:58] But...the team you use is important! Pay attention to the in house services [14:21] Cash flow and rent to value ratios in Chicago [17:01] Is a low vacancy rate a sign of low rents [19:50] The psychology behind raising rents for existing tenants [21:55] Our local market specialist in this area know what they are doing [22:54] Are there advantages to buying a group of properties all at once [24:43] Chicago is the most affordable world class city in the world [25:59] Rental Properties in Little Rock and Memphis versus rental properties in Chicago [28:09] A million shades of gray in real estate investing [30:50] An extreme self management example [33:20] Chicago area is a vibrant market Mentions: JasonHartman.com [email protected]

Orginally aired as CW 117 “For far too long, too many people have regarded home ownership as ‘a good thing.’ It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks.” This statement by Creating Wealth Show guest, American economist Thomas Sowell has been regretfully muttered by many homeowners in various forms over the past two years. Sowell is currently a senior fellow with The Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Known for his economically laissez-faire perspective style while writing, Sowell’s latest book, The Housing Boom and Bust, shows how Democrats and Republicans ruined both the housing and financial markets. Tune in as your host, Jason Hartman and Thomas Sowell discuss how “the current economic crisis grew out of policies based on good intentions and mushy thinking.” Upcoming Shows will feature: Andrew Waite, Publisher of Personal Real Estate Investor Magazine and Dan Blacharski, author of The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job.

Throughout history the human race has not changed much even with all the extreme technology in our lives today. There is a chance of robot labor causing mass unemployment but it’s not likely. Entrepreneurs by nature are persistent, durable and pig headed which leads to innovative and determination. For the United States to continue its great heritage we need more experimentation in education, to make use of all of North American assets and to follow the 6 key steps to building great companies a belief of Gary Hoover. Key Takeaways: Jason’s Editorial: [2:36] Memories of Monopoly, past and recent [6:56] Memories of Facebook, during the recession [8:54] Cash flow in a RV ratio [10:20] The San Diego event - JHU Live Gary Hoover interview: [11:28] The addiction of collecting memorabilia [12:50] Becoming efficient in learning is harder with digital books [14:52] The table of contents contains the key points [18:28] Thick books sell but e-books are the future [21:54] Many reference books are 300-1500 pages [23:07] The lemming effect - Ben & Jerry’s were the cool entrepreneurs [24:37] The value of The Book Stop [27:49] Startups need to look at the long term [29:10] Europe’s standard of living is much lower than the U.S. [32:34] Raising the minimum wage is cruel [34:27] You attitude makes all the difference [36:27] North American countries working together would be a powerful force [37:54] Curiosity has been driven out of kids heads in the U.S. [41:25] The first innovation museum, robotics are part of lives right now [44:17] A rise of craft manufacturing in our affluent society [45:44] Training and educating our children for the future [48:07] Economist Robert Fogel, a spiritual shortage [50:30] Contact Gary at [email protected] Mentions: EO Conference JasonHartman.com UT School of information Hoover’s World The Fourth Great Awakening