Creating Wealth Real Estate Investing with Jason Hartman

Dr. Vitale believes when you learn to get clean with money and stop self sabotaging your financial future you will start to attract more money to you. You must first get through the filters that are your beliefs and see what is really possible to know you are deserving of living a wealthy life. When you want something and have the means to obtain it you should buy it to reinforce an unconscious belief of worthiness. And, always give back a portion of your good fortune to create a bond of trust in the universe. Key Takeaways: Jason’s Editorial: [2:01] Indicators for an available single family property in Chicago area [5:32] What is a DCR? [8:45] Sign up for JHU - Live in San Diego August 29th & 30th [9:25] An iTunes review gets you 30% off! Dr. Joe Vitale Interview: [12:54] Dr. Vitale has been working on this lately [15:33] The lifestyle of the rich and famous is better than poverty [16:00] The 2 reasons you don’t let money into your life [17:03] Get clean with money, money isn’t evil money is neutral [18:56] The Secret is an introduction to an idea [19:56] Taking inspired action after visualising your want [21:55] Our conscious beliefs are us in the waking world [24:32] The 7 steps in the free Attract Money Now book [26:30] The difference between a fact and a belief [30:13] The psychology around prosperous purchasing [32:40] No one is preventing you from making more money [34:11] Give 10% of what you have to what or who inspires you [38:06] Think like an entrepreneur and look for opportunities [38:50] Listen for complaints and make the product or service solution [41:20] Mr. Fire ignites something in people Mentions: JasonHartman.com [email protected] Attractor Factor Life’s Missing Instruction Manual Attract Money Now The Secret The Secret Prayer Hypnotic Marketing Miracles Manual 7 Habits of Highly Effective People JoeVitale.com

Orginally aired as CW 141 During turbulent economic times, people can become their own worst enemy. The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom. Learn from the mistakes of others rather than “the school of hard knocks.” Tune in to this episode of The Creating Wealth Show as Jason reveals 30 fatal mistakes you must avoid in order to achieve financial independence and investing success. Upcoming shows will feature: Bradford B. Smart, author of Topgrading for Sales: World-Class Methods to Interview, Hire, and Coach Top Sales Representatives and Lisa Bromma, author of Wise Women Invest In Real Estate.

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit battered in Jason’s property tour review episode and called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states. Key Takeaways: Jason’s Editorial: [1:22] Great upcoming episodes [3:16] Scott McManus warns about using Self Directed IRA’s for real estate [5:00] Thorough background checks [5:52] Mitigating your risks by choosing a larger investment organization [6:48] An LLC entity inside of an IRA [9:05] The big event in Mission Valley San Diego Greg Scott Interview: [12:12] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener [15:27] All real estate is local [17:51] The 11th wealthiest city in the U.S. is in Detroit [20:26] Trends in the Detroit area [22:21] Optimism for the city proper [27:31] Investing in an industry that is not your bread and butter [28:16] Greg’s powerpoint presentation and the syndication [35:10] Export Marketing and Product Forecasting for Ford [36:34] Self driving cars is a project every automotive company is working towards [39:12] Ann Arbor has a fake city to test self driving cars [41:06] The freedom that goes along with self driving vehicles [44:55] The parking real estate conundrum [47:19] Painting a better picture of Detroit [49:28] A flipper who became a long term investor Mentions: JasonHartman.com

Vladimir Putin’s rise to the top is a Shakespearean drama. Putin the President was created by a group of wealthy businessmen to replace Boris Yeltsin. While believing they found a man who aligned with their own desires to keep the money at the top, Putin had different ideas. He successfully brought down elite families who disagreed with his politics. Russians embraced the leader and made him one of most popular Russian presidents of all time. Ben Mezrich shares his journey of writing his latest book, soon to be movie, Once Upon a Time in Russia. Key Takeaways: Jason’s Editorial: [1:24] JHU live - Jason Hartman University Live [2:44] In beautiful Mission Valley San Diego on August 29th [4:18] In depth training on building your own portfolio [6:01] You’ll get an official property acquisition checklist [7:00] Learn property portfolio planning [8:07] Early bird pricing until August 1st [10:05] Leave a review on iTunes and you get 30% discount on JHU [10:58] Inflation induced debt destruction Ben Mezrich Interview: [14:51] Many stories just kind of came to me [15:45] Misconceptions about Putin [16:14] Oligarchs miscalculated and created Putin by mistake [18:17] The Godfather of the Kremlin [18:55] Putin was an assistant KGB agent with average pay [20:57] The Russians love Putin and possibly some Ukrainians too [24:06] This story is a very Shakespearean drama [25:32] Warner Studio is making the movie [26:10] Putin may be around for a long time [27:52] Russia is in the midst of crony capitalism [29:12] Will Russia have a middle class in the future? [32:00] Yeltsin basically made the Oligarchs to fend off Communism [33:37] Was entering Ukraine and effort to recruit young people for Russia? [34:44] When oil prices go down the Russian economy suffers Mentions: JasonHartman.com [email protected] Ben Mezrich Bringing Down the House The Accidental Billionaires Once Upon A Time in Russia @benmezrich

Join Jason Hartman and Investor Watchdog, Jack Waymire, for a discussion concerning the ethics of the financial services industry. According to Jack, the frequent lack of integrity undermines the achievement of investors’ financial goals. Companies do not do what is best for you. They are very good at hiding information that they do not want their investors to know. Investor Watchdog investigates these companies and products, acting as a go-between for investors and advisers, answering frequently asked questions, such as, “How do I know I’m getting the right financial advice?” Jack shares examples of deceptive practices by various companies and how the executives that run the companies, i.e. Goldman Sachs, are insulated from accountability simply by paying fines rather than serving jail time for unethical and illegal practices. Jason and Jack touch on the subject of the Madoff Ponzi Scheme, where Jack talks about some of the evidence that was found, as a glaring example of unethical sales pitches and conman tactics. Jack also informs listeners of what deceptive sales practices to watch out for when dealing with financial advisers. Jack entered the financial services industry as a financial consultant in 1976 for Warburg, Paribas Becker. He provided financial advice to companies, public entities, Taft-Hartley funds, endowments, and foundations with assets exceeding $7 billion. After spending two years with an investment firm, Jack co-founded Lexington Capital Management in 1983, a money management firm that wholesaled its services through wirehouses and regional broker-dealers. In 1989, Jack also founded a broker-dealer and built a national retail distribution system to market its products and services. Between 1996 and 2003, Lexington was sold to two larger financial service and technology companies. In his last position, Jack was President of Sungard Advisor Technologies. During these 20 years, Jack worked with thousands of investors and financial advisors and was responsible for providing services to individual investors with billions of dollars of assets. In 2004, Jack left the financial services industry to market a book he authored: Who’s Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor. Published in December, 2003, by John Wiley & Sons, his book was widely regarded as the first to provide an objective process investors could use to select higher quality advisors and to avoid the risks and consequences of bad advice from lower quality advisors. In 2004, Jack co-founded PaladinRegistry.com, a website that took selected content from his book and made it available to investors over the Internet. Later in 2004, a Registry of pre-screened, five star rated financial planners and financial advisors was added to the website. Paladin became the first online firm that vetted financial professionals for investors and provided comprehensive documentation for their credentials, ethics, business practices, and services. In 2008, Jack was instrumental in the development this blog site (InvestorWatchdog.com) that reports on investment risks that result from ethical conflicts in the financial services industry. Jack has appeared on CNNfn and over 100 national, regional, and local radio shows to talk about the subject matter of his book, the risk and consequences of bad advice, and Paladin’s free online solutions. He is also widely quoted in the print media including Forbes, BusinessWeek, Worth, and Kiplinger and is a columnist for Worth Magazine. Jack can be reached at [email protected].

This is a must listen to episode for investors. Guest Harry Dent has written over 7 books on using demographics to predict economic outcomes. He and Jason discuss the inevitable Chinese market crash, the deflation that is headed our way and the massive amounts of debt in the private and public sectors. For real estate buyers, it appears that the everyday house is the best place to invest right now and in the next 3 to 4 years we just might see the lowest interest rates on mortgage loans of this lifetime. Harry warns that the bigger the bubble the bigger the burst and predicts we will see the Dow drop below 6000 in the coming years and fracking bonds will be crucified. Key Takeaways: Jason’s Editorial: [2:06] Daniel wants to know about a sole proprietorship [3:48] There is no asset protection sole proprietorship [4:37] An LLC could be a self management company [6:15] Self managed properties [8:08] The power of the Venture Alliance Mastermind [9:34] Jason’s next event - Sept/Oct [11:28] The cost of colonizing the moon Harry Dent interview: [12:58] Florida the no income tax state [13:44] A something for nothing life is not realistic [14:36] Deleveraging the debt leads to money disappearing [16:22] Debt grew 2.7x’s faster than GDP [17:48] We are sitting on unfunded liabilities at 4x’s the GDP [18:54] Debt detox is needed [21:17] Is the U.S. in a legitimate economic recovery? [24:39] Harry’s opinions on high end real estate [26:41] Banks and governments made bad loans [27:23] Why the uber rich won’t get richer after this bubble [28:51] The greater fool theory - the Chinese are the last fools standing [31:16] Trends and data from China [33:45] Speculation will cause the crash in China [35:22] The U.S. fracking industry will default [37:00] Deflation is a sign a bubble is bursting 100 trillion dollars will disappear [38:19] The Dow will drop to under 6,000 in the magphone pattern [41:25] Junk bonds will be crucified and growing default rates [42:48] Mortgage rate will come down in 3 or 4 years Mentions: The Demographic Cliff The Great Boom Ahead The Roaring 2000’s The Great Depression Ahead HarryDent.com

Being stranded at the airport waiting for a flight is never fun but Jason and Fernando make the best of it by recording their observations of the investment property tour of Chicago and Grand Rapids. Overall, Chicago looks promising with strong providers and good properties. Grand Rapids was charming and offered many financing choices for current and future investors. A quick stop was made to Detroit to get feel for the area and look for opportunities that may be hiding there. The extra stop proved to be a disappointment based on the city’s state of disrepair and mass exodus of previous inhabitants. Key Takeaways: [3:09] A Mastermind meeting on Monday & Tuesday [3:42] A semi-private property tour [4:09] Met local market specialists and in-house lending department [6:32] The tenant turnover rate in an apartment in Chicago [7:21] Tenant turnover rate in a single family home is much longer [8:10] Virtual apartment investments [9:00] Refinance discussion on a future episode [10:06] Land contracts in Grand Rapids [10:39] Direct buying properties via self directed IRA [12:40] Cosmetic changes are easy on good investment properties [14:18] The Cold Stone Philosopher’s Club [15:28] Detroit was depressing [17;39] Corrupt mayors & declining auto industry led to the death of Detroit [19:21] Property taxes in Chicago [20:05] Providers make it possible to remove maintenance costs [21:55] Judicial foreclosure states are good for investors [23:25] Chicago is a world class city [24:16] Differences of a small provider versus a large provider [26:00] The small group tour was intimate and enjoyable

Originally aired as CW 252 Despite popular belief, China is no longer a cheap place to do business with labor costs and real estate costs soaring. Join Jason Hartman as he interviews Shaun Rein, author of The End of Cheap China and Managing Director of China Market Research Group in Shanghai, about debunking common myths, such as China is stealing U.S. jobs. Many companies have begun doing business in China, due to what Shaun refers to as “capitalism on steroids.” Labor costs have increased in China to the tune of around 20 percent, and the government is trying to increase wages yearly over the next five years. Another factor affecting manufacturing costs over time is that fewer of the younger generation wants to be employed in manufacturing jobs, wanting to realize their white class dreams. China is also pushing middle class development to offset the manufacturing issue. Shaun Rein is the Managing Director of CMR, the world’s leading strategic market intelligence firm. He is one of the world’s recognized thought leaders on strategy consulting. He is a columnist for Forbes on Leadership, Marketing, and China and for BusinessWeek’s Asia Insight section. He is often featured in the Wall Street Journal, the Harvard Business Review, The Economist, The Financial Times, Newsweek International, Bloomberg, Time, and the New York Times. He is regularly interviewed by American Public Radio’s Marketplace and NPR. He frequently appears to deliver commentary on CNBC’s Squawk Box, Bloomberg TV, CBS News, and CNN International TV. Before founding CMR, he was the Chief of Research for venture capital firm Inter-Asia Venture Management. He also was the Managing Director, Country Head China for e-learning software company WebCT where he also ran the company’s Taiwan and South Korean operations. He also served as the Assistant Director of the Center for East Asian Research at McGill University. He earned his Master’s degree from Harvard University focused on China’s economy and received a BA Honors from McGill University.

The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason’s guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee’s to help you make an educated decisions about your investment future. You’ll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know. Key Takeaways: Jason’s Editorial: [2:02] Self directed IRA investing [4:19] Nathan asks about out of state rental properties [5:19] Have at least 4% of the properties value in the bank as an emergency fund [7:22] Steve asks about Jason’s foundation [9:12] Steve also asks about credit history and bankruptcy [12:06] Asset based financing; a hard money loan Edwin Kelly Interview: [14:29] Would Donald Trump be a good president? [16:04] Invitation for Warren to be on the show [16:58] IRA Custodians, Administrators what’s the difference? [18:01] What are the fee’s of self-directed IRA’s [19:22] There is no fee sharing or back end money [20:40] A customized approach to IRA’s [24:08] People need passive income [25:47] An everyday example of buy and hold real estate investing [30:11] Solo 401k or Individual 401k [34:46] Solo k paperwork was cumbersome and complex [35:55] $400 annually for a self directed IRA and $700 for a 401K [38:32] HSA - Health Saving Account [39:53] An HSA works by marrying the tax benefits of the traditional and Roth IRA’s [41:22] Are you able to pay for proactive executive health physicals via a HSA? [42:51] Breast Augmentation for medical reasons is a qualified medical expense [45:17] An HSA is not a Flexible Saving Account [45:55] Investing in buy and hold real estate from the HSA [47:35] HSA and IRA are fairly easy to administer [48:20] An LLC inside of an IRA? [51:08] Multiple LLC’s for asset protection Mentions: Specialized IRA Services

Massive shifts in the world economy are coming and may be as soon as 2020. The United States has the unique opportunity to take charge of the change through technological breakthroughs that will lead us down the utopian path. In addition, the U.S. is still the best country in which to make real estate investments. But if you do it be wise about it. Private investments are one of the safest vehicles to create your wealth. Be wary of group investment funds which put the control of the funds in someone else’s hands. Jason cautions his listeners against this type of investing. Before signing any deal read every word of the paperwork. Key Takeaways: Jason’s Editorial [1:13] Oregon has no sales tax! A great place for retail therapy. [1:58] People make uneducated decisions [3:59] The Venture Alliance for investors [4:59] The group choice is not a good choice [6:18] Partnerships with people you know and trust [8:15] The World Domination Summit is an example of the inefficiencies of conferences [10:25] Unemployment and cohabitation is Greece [11:54] Jason’s 6 Ways to Escape the Debt Disaster [13:18] Human workers displaced by Robotics even the written word [15:44] Countries in risk of a government external debt crisis [19:15] Leave us a voicemail on your thoughts of robotics in the future [20:24] Minimum wage increases unemployment [22:20] Massive shifts in the economy by 2020 [23:22] An update on the Chicago tour, 8:30 on Thursday morning Listener Andrew: [24:58] Jason help me with this investment in Texas [28:00] What are the questions I need to ask before signing? [29:30] Start by getting the basic information [32:04] Jason doesn’t care for investing in groups [32:55] Thou shalt maintain control [33:45] What protects your money from misuse when it’s part of a fund? [36:05] If the deal is that good investors try and keep it to themselves. [39:56] Questions to ask before investing and read every word of the documents [41:57] Be suspicious of the others investors involved Mentions: 14 Countries that are Spiraling Towards a Debt Crisis - Heather Stewart JasonHartman.com

As is customary on every 10th episode, Jason Hartman, your host, takes on a non-financial topic as he talks with Dr. Geoffrey Simmons, a physician who is Board-certified in Internal Medicine and Disaster Medicine. He has a B.S. in Zoology and has completed the course work for a Masters degree in Microbiology. As a Fellow with the Discovery Institute Center for Science and Culture, he has studied the theory of evolution for over forty years. For thirty of those years he was an ardent supporter of Darwinian ideas. Now, however, the data supporting this theory scientifically untenable. As of this date, his seventh book, What Darwin Didn’t Know, is in its sixth printing and his eighth book, Billions of Missing Links, is in its second printing. Both books show how the incredible complexity of the human body and all other living beings cannot have come about through evolution. Some reviews: “A well-researched and open-minded analyses.” — Stephen Meyer, PhD, Dir. of the Center for Science and Culture, Discovery Institute “You’ve posed all those “break-down complexities” that Darwin worried about, and you’ve done it with flair!” — Jody Sjogren, Illustrator for Icons of Evolution A wonderful book…clear and accessible to the nonspecialist — John Patrick, M.D., Prof. of the History of Science, Medicine and Faith, Augustine College, Ottawa, Canada. Geoffrey Simmons is a rarity (referring to the types of books written). His book holds evolution, as he sees it, to the standard of scientific observation and finds evolution lacking — Dan Hays, Salem Statesman Journal, May 20, 2007Dr. Geoffrey Simmons focuses on the millions of structures and systems on the Earth that came about all at once, entire…with no preceding links, no subsequent links, no “sideways” links. To illustrate, he surveys examples like… the hummingbird and its circulatory systeminsects and insect–eating plantsthe role of the thousands of species of viruseschemical signals and the sensory apparatus that detects themthe self–regulating capacity of the Earth’s ocean/air/soil systemIt’s clear: Nature containsonly leaps, not links. Only the intelligence and purpose of an all–powerful Designer can explain the intricate creatures, connections, and “coincidences” everywhere. We’ll be back to our usual investing, business and financial topics in the next episode #211. Be sure to join Jason and his team for the upcoming Phoenix Foreclosure Tour http://jasonhartman.com/store/events/ where we’ll explore distressed property / REO opportunities and enjoy first-class accommodations at The Ritz Carlton Hotel in The Biltmore area of Phoenix / Scottsdale, Arizona.

It’s unclear exactly why Memphis is a rental property owners dream investment city but it is. Vacancy rates are consistently 5% or less year over year. Even when people are qualified to purchase a property they insist on renting. Add to that the dynamic nature of this culture filled town and major distribution companies who do business there and you get a perfect bluesy mix of properties and opportunities for your next investment. Key Takeaways: Jason’s Editorial: [1:42] Chicago property tour 7/15 -7/17 [2:58] 3 cities now that Detroit is confirmed [4:12] Voicemail from Roger about managing your property managers [6:10] An entire episode on managing your manager coming [6:40] Search Jasonhartman.com with the keyword property manager [8:00] CNBC video - Rents rising and supply is constrained [9:59] Let’s get in the game and take action Ryan from Memphis: [11:57] Invest in Memphis - it’s great for rental properties [13:10] Is Memphis saturated with investors? [13:48] Why you should love Memphis as a rental property buyer [14:44] Vacancy rates are 5% or less [16:00] The reasons tenants rent [17:03] Rent a nicer place than they can own [20:02] Society is changing towards not planting roots [20:48] Time Magazine home ownership article [22:56] People are looking for dynamic, cultured cities [24:53] Different levels of property available in Memphis [26:38] The evaluation process for finding properties [29:12] The government assisted housing dilemma [32:00] The benefits of a section 8 housing tenant [34:45] Ryan’s unique selling proposition [36:24] When choosing which markets are best, Memphis is growing Mentions: La Banque - Chicago hotel of choice - $131 per night - (708) 798-6000 Jasonhartman.com Memphis Housing Authority

A good business is one that cannot be outsourced and people will always need a place to live. This is why Jason focuses on income properties when recommending creative wealth strategies for you. He keeps abreast of interest rates, taxes and credit based assets so he can help you achieve the financial future you deserve. Jason's guest Mark Kohler CPA just completed his third book and offers 28 tips for tax planning and asset protection. He talks about S corps, LLC's and Obamacare. He wants everyone to have an exit plan for their life through a versatile revocable living trust because as much as you may not want to admit it we are all mortal. Key Takeaways: Jason's Editorial: [1:25] Teaching a great real estate course [2:26] Monetary and fiscal policy definitions [3:42] Real estate and income property differences [4:29] The easiest type of real estate to own is a parking lot [6:00] Real estate in the average U.S. city is 40% parking [7:32] Financial Independence Day Counseling [7:54] Chicago and Grand Rapids property tour [8:33] Self driving cars could eliminate parking needs [9:42] Credit based appreciation [10:04] Interest rates and the math of relativity [10:56] Find a mortgage calculator and do this math [12:11] The golden opportunity of low interest rates [12:54] If the money supply declines credit based assets are affected more [13:35] Inflation induced debt destruction [14:12] Multiple tax advantages [15:04] Learn about land contracts Mark Kohler interview: [16:45] 28 game changing strategies for tax and asset protection [17:10] The first book was about people who get taken advantage of [17:30] The second book was a story [18:00] The 3rd book brings it all together [18:45] 3 Tips for planning [19:30] Know the difference between ordinary income and passive income [23:00] A real life example of Obamacare related requirements [24:14] The 3 costs related to Obamacare [25:00] Income property is a proven tax favored asset class [25:50] Healthcare strategies [26:45] The solution is the S corporation for multiple sources of income [28:24] LLC do not save taxes [29:17] The Kohler Payroll Matrix [30:37] You do not need an LLC for every rental [32:16] Know your properties and find a balance [35:10] Register as a foreign LLC in every state that you have property [36:44] Don't forget about the legal and tax planning that needs to be done [37:32] How do these things fit into your estate plan? [38:52] Revocable Living Trust [42:20] A real life "Do not resuscitate" experience Mentions: Financial Independence Program Chicago/Grand Rapids Property Tour Uber Lyft Lawyers are Liars The Tax and Legal Playbook MarkJKohler.com

Join Jason Hartman as he talks with guest, Steve H. Murdock, former Census Bureau Director and current Professor of Sociology at Rice University in Texas, about the demographic shift taking place in the U.S. today . The face of Texas has been shifting dramatically, not just from immigration, but in-migration and natural increase. Steve argues that the Texas of today is the U.S. of tomorrow. Steve and Jason discuss the changes in population, as well as the factors influencing these changes, and the potential effect of this current demographic shift throughout our country. Steve H. Murdock is the Allyn R. and Gladys M. Cline Professor of Sociology at Rice University. He previously served as Director of the U.S. Bureau of the Census having been nominated for the position by President Bush and unanimously confirmed by the U.S. Senate in 2007 and serving until the change in administration in January of 2009. Prior to his appointment at Rice, he was the Lutcher Brown Distinguished Chair in Demography and Organization Studies at the University of Texas at San Antonio (UTSA) and the Director of the Institute for Demographic and Socioeconomic Research. Before UTSA, Murdock was a Regents Professor and Head of the Department of Rural Sociology at Texas A&M University. He was also the official State Demographer of Texas. He was appointed to this position by Governor Rick Perry and was the first person to occupy this position. Dr. Murdock earned his Ph.D. in demography and sociology from the University of Kentucky and is the author or editor of 13 books and more than 150 articles and technical reports on the implications of current and future demographic and socioeconomic change. He is the recipient of numerous honors and awards. These include the Faculty Distinguished Achievement Award in Research from Texas A&M University, the Excellence in Research Award and the Outstanding Rural Sociologist Award from the Rural Sociological Society, The Distinguished Alumni Award from North Dakota State University and the Distinguished Alumni Award from the Department of Sociology at the University of Kentucky. He was named one of the fifty most influential Texans by Texas Business in 1997 and as one of the twenty-five most influential persons in Texas by Texas Monthly in 2005. He is a member of the Phi Beta Kappa, Phi Kappa Phi, and Phi Eta Epsilon national honor societies.

The debt crisis in Greece is proof that Socialism doesn’t work. Can you imagine camping out in front of an ATM only to be turned away? We need to be responsible. Socialism has never worked. Investing in long term, stable rental properties is the proper way to create and grow wealth. Make a decision on a material fact with us. Should the family have been notified about a stalker before they bought a house? And we go way back to the 1970’s when Jimmy Carter warned that the world’s oil was almost gone and the U.S. should invest in new technologies. Is the oil gone and do new energy sources have environmental sins of their own? Key Takeaways: Jason’s Editorial: [1:33] Thanks Mandy M. for the feedback! It’s appreciated. [2:19] Tell the world what you think and give us a review on iTunes [2:43] The epic Socialist disaster - Greece [4:14] You can’t use Scandinavia as an example of Socialism working [6:40] Chicago/Grand Rapids Property Tour [8:37] On the 3rd day we are going to Detroit, possibly [9:44] What is a material fact? [10:55] The creepy “watcher” oddball story [14:27] Money back + interest? Is that fair? [14:57] Specific performance ruling [15:57] Factor in the opportunity cost [21:45] Does this fit into the mold of material fact? [22:16] Use the voicemail function folks! [23:29] Good old Jimmy Carter - The Malthusian Concept [25:19] The evil United States? Is our consumption of oil really evil? [26:26] New energy sources create their own set of problems [27:47] People are a wonderful resource [28:37] Japan was built on work ethic and intellect Guest interview: Mark Kohler of KKOS interview is being moved to another episode. Mentions: In Greece it’s not over even when an old lady faints at the ATM Lawsuit: Bring me young blood Leave us a voicemail today! Jason Hartman

Mark Fleming is the Chief Economist for First American Financial Corporation. He has been a trusted voice with over 20 years of experience in the mortgage and property information business. Mark talks on the housing collapse, where the housing market is today, and why you should pay attention to the Millennial and Baby Boomer market. Key Takeaways: [6:10] Jason does the math on a high-end property in a cyclical market versus a lower-priced property in a linear market. [12:00] Owning five diversified properties is much better than owning one expensive property. [17:45] If you want to be green, be a cash flow investor. [20:05] Jason introduces Mark Fleming. [23:25] Before the recession, there was a lot of incentive to flip homes as oppose to buying a home to live in. [26:00] Texas, the Dakotas, and Oklahoma are considered the energy states and currently have a good real estate market. [28:40] Mark talks judicial versus nonjudicial foreclosures. [36:30] Pay attention to where Millennials want to live and where Baby Boomers want to retire. [45:00] Mark believes Millennials might marry later, but they will still have a high marriage rate. [47:50] We may see a major shift in housing when Millennials are in their mid 30s. [51:20] What should the home-ownership rate be? Mark believes 65% is the magic number. Mentioned In This Episode: http://www.firstam.com/

Doug Brunt is the former CEO of Authentium and author of, “GHOSTS OF MANHATTAN.” In his new book, he transports readers back to the extravagant times before Bear Stearns collapsed, exposing a culture with boundless bonuses, where the company expense account was routinely used for bar tabs, visits to strip clubs, and worse. He even throws in some comical stories and describes some of them. Brunt offers a withering view of life on Wall Street from the perspective of an unhappy insider, run-down by the corrosive lifestyle which is jeopardizing his marriage, who is too hooked on the money to find a way out. Brunt is married to FOX News anchor Megyn Kelly, who has helped him with his books. Brunt describes their relationship and why he gave up a lucrative career as an Internet security entrepreneur. Find out more about Doug Brunt at www.douglasbrunt.com.

Jason welcomes back Steve, an old co-host. Steve is currently working with HomeVestors as a house flipper and shares his experience on the show. Jason reminds the audience that what Steve does is actually a full-time business that you have to manage, which may not appeal to his more passive investor audience. We also learn from Steve on what the real estate market is like in Utah and if it's worth investing in it or not. Key Takeaways: [1:30] Jason welcomes back his old co-host, Steve. [6:00] When you become a house flipper, you also become a legal aid and social worker. [8:00] Steve shares a story about a house he flipped. [19:30] Buying homes at a discount is an art. [23:00] Jason and Steve talk about hypocritical celebrities. [28:30] House flipping is a business. What Jason does is an investment. [32:00] What's the real estate market like in Utah right now? [38:00] If you're located in Magna, Utah, please email Jason. Mentioned In This Episode: The Big Short by Michael Lewis

Laurence Kotlikoff is a second time guest to the Creating Wealth show and has a lot to share on the subject of economics and Social Security. Laurence Kotlikoff is a William Warren FairField Professor for Economics at Boston University and recently released a book entitled, Get What's Yours: The Secrets to Maxing Out Your Social Security. Laurence sits down with Jason to talk on the growing Social Security problem, the U.S. government's 210 trillion dollar time bomb, and what kind of economic environment we should expect in the next ten years. Key Takeaways: [4:15] U-Haul is a good litmus test for migration trends. [9:25] Jason recommends reading The Untethered Soul by Michael Singer. [10:45] Look out for the informal Chicago property tour July 15th. [14:00] Jason welcomes Laurence Kotlikoff to the show. [14:55] How is Social Security sexist? [19:30] By waiting until you're 70-years-old, you'd be collecting a 76% higher Social Securities check. [25:30] The true fiscal gap the government is facing is around 210 trillion dollars. [30:15] How does the U.S. debt compare to the rest of the world? [39:55] Should we expect an inflationary, deflationary, or stagnationary economy in the future? [43:50] Laurence encourages even the younger generation to the read his book, Get What's Yours. [45:40] ThePurplePlans.org is a website that shares details on how economists believe you can fix the economy. Mentioned In This Episode: The Untethered Soul by Michael Singer http://www.promover.org/ https://www.maximizemysocialsecurity.com/ http://www.kotlikoff.net/ http://www.thepurpleplans.org/

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

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode. Key Takeaways: [2:25] What did Fernando think of the first Venture Alliance mastermind meeting? [10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors. [14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th. [15:40] Jason introduces Bob Proctor. [17:05] Bob helps people recognize who they are, how to set goals, and much more. [20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change. [26:55] The U.S is filled with creativity compared to other countries like China, for example. [29:50] What's Bob's thoughts on The Secret? [34:25] How do we find our purpose? [38:05] Bob gives some quick tips on how to accomplish your goals. [39:35] Do your work, put your heart into it, and the sky will clear. Mentioned In This Episode: www.proctorgallagherinstitute.com

Jason invites Ian Kimal to answer some his question. Ian has been a Creating Wealth listener for quite some time and asks Jason on how to successfully screen a good management company, owning apartments versus single-family homes, and much more on today's episode. Key Takeaways: [1:35] Jason talks about some of the upcoming episodes you can expect. [4:40] The mastermind group last weekend was a great success. [10:10] Zimbabwe is the perfect example of what happens with bad governance and central banking. [12:50] Jason invites a listener, Ian Kimbal, to the show. [16:20] If Jason purchased a property later in life, he would have missed out on a great learning opportunity. [17:00] Apartments are complicated, but they're still do-able. [23:40] How do you protect yourself from liability when you're young? [32:35] Have a separate bank account for your real estate investing activities [34:05] Should you get a real estate specific resume? [38:48] What are the best ways to screen property management companies? [47:00] Should you go out and physically look at a property? Mentioned In This Episode: http://www.venturealliancemastermind.com/

Oringally aired as CW 362 The tables have been turned on Jason Hartman during Episode #362 of The Creating Wealth Show. Normally Jason asks the questions, but today, host Kerry Lutz of the Financial Survival Network sets the agenda. What transpires is a nuts and bolts crash course in the exact reasons single family residential properties are Jason’s preferred form of investing, bar none. Better than the stock market or gold by a long shot, and safer than apartment complexes or commercial properties. If you have an interest in a better understanding of the kind of investing that creates actual wealth for the long term, don’t skip this show. About Kerry Lutz Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life-long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company..In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission, much like that of Jason Hartman’s, is helping you to survive and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong and Peter Grandich. Kerry now appears on 1230 WBZT, in West Palm Beach, FL, every Sunday from 9am-10pm EST. In This Episode, Jason Addresses: Is the dollar collapse real or fiction and why it might not matter Why math math is irrelevant when it comes to the economy Where Chinese millionaires want to live Why residential property investments beat multi-family and commercial How you can tell if your real estate portfolio is diversified What’s wrong with most real estate gurus’ and their promises much, MUCH more… Don’t miss Jason’s monologue, which leads off this episode. He discusses the recent merger of eLance and oDesk, the scam of life insurance as an investment,why college no longer makes financial sense, and what Steve Jobs told President Obama about creating more jobs. Links: The Financial Survival NetworkCheck out this episode!

Jason Hartman has answered a number of Steve G. Jones's voice mail questions on previous Creating Wealth episodes and now he appears today as a guest! Steve has a lot of great questions for Jason on the topics of purchasing income property, renting versus buying properties, and much more. By the way, during Jason's move from Phoenix to California, he found another dozen of the physical product of the Meet the Masters home study courses. Go to JasonHartman.com to buy it at an incredible discount. Key Takeaways: [3:50] There's no such thing as return on equity. [9:30] Longevity is a big deal, so let's plan for it in our investment strategy. [11:20] Jason plays and answers a listener question. [16:00] In moving, Jason found another dozen Meet the Masters home study courses. Go to JasonHartman.com to get it at an incredible discount. [17:45] Jason invites a listener, Steve G. Jones, onto the show. [24:50] The Khan Academy has some great videos on the difference between renting versus owning. [29:15] Jason's rent to value ratio holds up worldwide. [38:00] What would Jason buy if he had a $1.2 million credit line and $1m in cash? [42:50] There are only three types of smart investments you can make with your money. Jason explains. [47:15] Don't be in the stock market! You'll just get ripped off. [50:55] If you have more questions for Jason, please feel free to call in and appear on the Creating Wealth show. Mentioned In This Episode: http://www.jasonhartman.com/ https://www.khanacademy.org/

Bill Tatro is an economist and is a former radio show host of It's All About Money. This is Bill's second time on the Creating Wealth show and Jason catches up with him on what's new in the economy. Bill talks on Gen Y's disinterest in golf and tennis, Gen Y being more money savvy than their parents, and much more on today's episode. Key Takeaways: [1:15] Jason has finally moved to California. [3:10] The first event for Venture Alliance starts this Friday evening in San Diego. [4:30] Jason introduces Bill Tatro to the show. [5:15] Gen Y doesn't seem to be interested in golf. [10:20] How does golf and tennis work in a Keynesian world? [14:15] Millennials understand finance. [18:45] Why will a Keynesian system end in war? [25:00] People are just not spending money right now. [26:35] The only way out of debt is through inflation. [30:00] Most retirees have to sell their assets to create an income stream. [34:55] Barrack Obama has succeeded in destroying the middle class and having more people become dependent on the government. Mentioned In This Episode: http://billtatro.com/

Originally aired as CW 433 In his introduction today, Jason Hartman shares his opinions and experiences with the growing trend of psychiatric prescription drugs, as well as reinstating how real estate investors can avoid having to hand over huge portions of their profit to the government. Later, he invites financial analyst Daniel Amerman on as a return guest to the Creating Wealth Show. Together, they discuss their respective solutions for eliminating debt, they talk about new American laws and regulations and their impact on the global financial market and ultimately, they resolve that sometimes you just have to align yourself with those in power to be successful.

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him. Key Takeaways: [2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason. [4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this. [9:15] What's the process if you want to get started in real estate? [16:35] Listen to the Creating Wealth podcast to get a free education on real estate. [18:25] Please listen to episode 405 and learn how to read a property pro forma. [21:45] You learn a lot just by coming to one of Jason's live events. [29:45] Jason's business model is a simple one. They work on referrals and don't charge you a dime. [32:00] You can own property without an LLC, but please read Mark Kohler's book, What Your CPA Isn't Telling You. [37:35] You can have a good or bad tenant on any A, B, or C class property. [39:25] Last thoughts? Don't over think the numbers too much. We are here to help you through the process, all you have to do is start. Mentioned In This Episode: http://www.jasonhartman.com/cw-485-real-estate-investing-chicago-jason-hartman/ http://www.jasonhartman.com/cw-508-market-profile-on-jackson-mississippi-with-market-specialist-brad/ http://www.jasonhartman.com/creating-wealth-255-memphis-foreclosure-profits/ http://www.jasonhartman.com/cw-405-how-to-read-a-property-pro-forma/ https://www.youtube.com/user/JHartmanRealEstate http://www.jasonhartman.com/cw-514-client-case-study-with-philip-sullivan-in-the-atlanta-kansas-city-and-little-rock-real-estate-markets/ http://www.jasonhartman.com/cw-458-david-porter-platinum-properties-client-speaks-succesfull-income-property-investment-retail-shipping-us-economy/ http://www.jasonhartman.com/cw-459-client-case-study-70-units-fernando/ What Your CPA Isn't Telling You by Mark Kohler MarkJKohler.com

Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 9 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence. Key Takeaways: [1:50] Every time a casino opens in an area, the divorce, suicide and poverty rate increases. [8:15] Jason describes derivatives as 'the thing about the thing'. [12:15] According to the National Association of Realtors, prices will be increasing. [17:20] Jason introduces Joe and investment counselor Sara to the show. [21:30] Joe heard Jason's podcast, loved it, and he bought two properties on the spot with him. [26:30] Joe purchased a section 8 home and it's been the easiest property to manage so far. [27:25] Sara shares her opinion on section 8 homes. [33:20] Jason used to think investing in a lot of different cities was good, but now he only recommends being in 3-5 markets instead. [36:15] Jason is not happy with Affinity Group Management and talks about why. [42:00] Joe invested in stocks before he invested in real estate and lost money in the 2000 crash. Mentioned In This Episode: JasonHartman.com/

Orginally aired as CW 461 On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price. Key Takeaways 01.34 – With tickets hugely limited, it’s time to get excited about the best Meet the Masters event to date. 04.25 – As a prudent investor, you need to know the vital points about LTIs and regression to replacement costs. Learn all you need here. 06.31 – Jason Hartman’s personal risk evaluator model relies on construction cost and land cost, and this is a great way to minimize risk when investing in real estate. 11.26 – If you’re building in a higher price area, you’re going to have to pay your contractors more because they have to be able to afford to live in that area. 14.38 – Three sources of assessing your land value: tax collector or assessor for property taxes, an insurance broker – an insurance company selling you a policy based on the property, and an appraiser. 18.58 – If you’re interested in looking for the sorts of properties that can offer you regression to replacement opportunities, come along to the Birmingham, Alabama property tour in November. 25.06 – For more information specifically about risk assessment in investing, go to www.JasonHartman.com and type in ‘Hartman risk evaluator’ into the search bar to find podcasts and blog posts. 27.09 – Another recommendation for you is to look for the podcast and YouTube video about how to read a property Proforma. This is a really vital skill you can use to become a better investor.

Philip Kotler is the S. C. Johnson Distinguished Professor of International Marketing at the Kellog School of Management. He is a trained economist and the author of 55 books, including his most recent book titled Confronting Capitalism. His latest book hopes to give real solutions to the troubled economic system. Philip talks to Jason today on capitalism and how he thinks it can be better. Key Takeaways: [3:20] Jason recommends reading Sapiens by Yuval Noah Harari. [5:00] On the fence about joining Venture Alliance? Come as a guest and check it out. [11:15] Jason introduces Philip. [12:50] Capitalism is a great system, but we should also try to improve it. [19:10] Tax payers are paying for what McDonald's/Walmart is not paying. [23:30] Consumers want it cheap, but they also want jobs. Can we have both? [28:20] Public education is so bad that Philip is glad we have immigrants coming in with the skills we need. [34:44] There's a group of people who want to be taxed more, but they don't want that money going into another battleship. [40:00] Governments should be more localized, because then they'd be more responsive. [48:11] The reason why Philip decided to become an economist was because he wanted to understand how income is generated and distributed. Mentioned In This Episode: Sapiens: A Brief History of Humankind by Yuval Noah Harari VentureAllianceMastermind.com http://www.kotlermarketing.com/ Confronting Capitalism by Philip Kotler

Jason Hartman is currently visiting Ireland and one of his listeners asked to meet with him personally while he was here. Ross Lauder talks on Ireland taxes, the Irish economic crash in 2008, and why Ross loves the US real estate market for income investing. Key Takeaways: [2:15] Ross has been listening to Jason's show since 2009. [5:05] Why is Ireland so appealing to corporations? [12:05] Ireland has had two big votes recently. Same-sex marriage and trying to change the minimum presidential age from 35 down to 21. [18:45] What's happening with the real estate market in Ireland? [28:02] Why does Ross like real estate? [34:08] Jason is working on a new property tour with his team, so look forward to that. Mentioned In This Episode: JasonHartman.com

Orginally aired as CW 258 Welcome to the Creating Wealth Show. This is Episode Number 258, and this is your host, Jason Hartman. Excited to be with you today, as always. Thanks for joining me. Today we’re going to talk about the Secrets of Economic Indicators, with our guest, Bernie Baumohl and he’s written a book on that subject and it’s got a couple of printings, a couple of versions out and I think you’ll really get some stuff out of that, and come learn how to decode what you hear about, what you read about in the news media, and what it means to you as an investor and as an astute financial person.

Jason reads two articles to the audience. One is about the perception of Wall Street from Business Insider and another on CEO wages from Newser. Jason encourages you to leave him a voicemail on your opinion about the articles. Today's guest is Douglas Goldstein. Douglas is the author of Rich As A King and he talks to Jason on using the concept of chess to become a more strategic investor. Key Takeaways: [3:40] There's one common theme in the CNBC show American Greed – investors didn't have control. [8:05] Be sure to check out this upcoming Flashback Friday episode. [10:40] Jason reads an article from Newser about CEO wages. Send him a voicemail on your thoughts about this article. [16:05] Jason introduces Douglas. [22:15] How do we apply chess to our investments? [30:30] Focus on one piece of your investment and try to make it just slightly better. [35:30] What are zero coupon bonds? Mentioned In This Episode: http://www.businessinsider.in/A-fresh-reminder-of-the-average-persons-perception-of-Wall-Street/articleshow/47331522.cms http://www.newser.com/story/206794/ceo-pay-hits-wild-milestone.html RichasaKing.com @RichasaKing

Jason talks on why the US real estate is vastly better than the European market and also answers a listener question from Pam. Gary Carmell is the author of The Philosophical Investor: Transforming Wisdom into Wealth. He talks to Jason on what is a philosophical investor, the reason why there was a 2008 real estate crash, inflationary pressure and much more. Key Takeaways: [6:20] The US real estate is still better than the Euro real estate for income investing. [17:10] Jason answers a listener question from Pam. [20:35] Jason introduces Gary Carmell [23:00] What is the philosophical investor? [30:50] Jason breaks down the real estate market into three types: linear, cyclical, and hybrid. [39:10] Why does the typical institutional investor always go for the class A properties? [51:20] There isn't a lot of demand right now for burrowing money. [53:50] How does Gary feel about deflation? Mentioned In This Episode: http://www.cwscapital.com/who_we_are/carmell.aspx https://www.garycarmell.com/

Orginally aired as CW 221 At a period in America’s life when all seems insurmountable, what with an astronomical national debt, high unemployment and underemployment, failing small businesses, and controlling corporate interests that don’t seem to have American citizens’ best interest in mind, it’s hard to believe that America is truly rich. Join Jason Hartman as he interviews Dr. Nick Begich, founder of Earthpulse Press, regarding the true wealth of America. Only looking at the profit and loss statements of our country and of many businesses conjures up a sense of failure and hopelessness, but Dr. Begich shares his optimism about America’s profitable future, encouraging people to look at the assets sheet, i.e. the vast resources our country boasts. The mineral wealth alone in this country is enough to retire the national debt, as well as put Americans back to work for a very long time. Dr. Nick Begich is the eldest son of the late United States Congressman from Alaska, Nick Begich Sr., and political activist Pegge Begich. He is well known in Alaska for his own political activities. He was twice elected President of both the Alaska Federation of Teachers and the Anchorage Council of Education. He has been pursuing independent research in the sciences and politics for most of his adult life. Begich received Doctor of Medicine (Medicina Alternitiva), honoris causa, for independent work in health and political science, from The Open International University for Complementary Medicines, Colombo, Sri Lanka, in November 1994. He co-authored with Jeane Manning the book Angels Don’t Play This HAARP; Advances in Tesla Technology. Begich has also authored Earth Rising – The Revolution: Toward a Thousand Years of Peace and his latest book Earth Rising II- The Betrayal of Science, Society and the Soul, both with the late James Roderick. His latest work is Controlling the Human Mind – The Technologies of Political Control or Tools for Peak Performance. Begich has published articles in science, politics and education and is a well known lecturer, having presented throughout the United States and in nineteen countries. He has been featured as a guest on thousands of radio broadcasts reporting on his research activities including new technologies, health and earth science related issues. He has also appeared on dozens of television documentaries and other programs throughout the world including BBC-TV, CBC-TV, TeleMundo, and others.

Michael Casey is the author of The Unfair Trade and talks to Jason on how we can make international trade fair. Jason and Michael talk on how saving financially can hurt the economy as a whole, China's economy, job creation, and much more on today's episode. Jason would also like to remind his listeners that if you'd like to join the Venture Alliance, you can by going to http://venturealliancemastermind.com/. Key Takeaways: [4:10] Always have an inspection in your properties. [13:20] Check out http://venturealliancemastermind.com/ if you'd like to join Jason's mastermind. [14:18] Jason welcomes Michael Casey to the show. [25:00] Saving excessively can be destructive to a nation. [34:05] China is very far away from creating a middle class economy. [38:15] Technology is moving so fast that we can not keep up with creating new job opportunities. [46:30] The problem with ObamaCare is that we already have socialized health care by default. [49:20] We have nationally-focused governments, but we need international organization for fair trade to work properly. Mentioned In This Episode: http://venturealliancemastermind.com/ JasonHartman.com michaeljcasey.com/

Jason reads a nice letter written by Gary who toured with Jason during the Memphis Property Tour. Jason introduces a long-time client, Philip Sullivan to the show to talk about his real estate investment portfolio. Philip is unique because he started his real estate journey doing hard-money lending first and then purchasing income property. He talks on some of the mistakes and key lessons he has learned on today's show. Key Takeaways: [3:00] Jason regrets dropping out of typing class. Send him a voice mail, not an email! [8:00] Jason reads a lovely note written by one of his clients, Gary. [12:00] Jason welcomes Philip to the show. [15:10] Philip did 10-15 hard-money loans before he purchased his first property. [23:00] Philip chose class A properties, because he liked the leverage and stronger appreciation. [31:10] Catering to a diverse set of income classes will help you in both a good or bad economy. [34:10] Forward your addresses so important mail gets directly to you and not to your rental property. [36:15] A lot of clients have been successfully using virtual mail boxes. Jason explains what they are. Mentioned In This Episode: VirtualPostMail.com TravelingMailBox.com USGlobalMail.com PostScanMail.com

Orginally aired as CW 233 With a high number of foreclosures still haunting homeowners, Jason Hartman and Chad Ruyle, principal and co-founder of YouWalkAway.com, discuss strategic defaults, homeowners’ rights, understanding the foreclosure process, and how homeowners can use the law to their advantage when their mortgage is in default. When should you walk away? How can you minimize foreclosure consequences? Chad R. Ruyle has been interviewed by journalists for CBS 60 Minutes, ABC Nightline, The Today Show on NBC, Dylan Ratigan, and NBC Nightly News with Brian Williams to name a few. Ruyle is also a partner at the Law Firm of Ruyle& Ruyle in San Diego and has incorporated his extensive legal background into YouWalkAway.com. He sees mortgage defaulting as a business transaction not an emotional decision. Mortgage contracts are written with addressing potential foreclosures – clearly stating if the borrower ceases to make payments, the bank will take the house back. Ruyle focuses his practice on all areas of trusts and estates, business planning, and real estate transactions. Be sure to also visit the Members section for guests such as Brian Tracy, Garrett Sutton, and Jim Rogers!

Jason invites his top investment counselor, Sara, to the show. Jason and Sara share their thoughts on the Memphis market and what potential investors might expect. Sara also lists the importance of having the right mindset when investing in a C property and Jason gives a break down on the price ranges of A, B, and C class properties on the show. Key Takeaways: [2:20] Jason shares his impression on the Memphis market. [5:00] Sara shares her thoughts. [6:50] Section 8 tenants do stick around. [11:50] How much is a class A home? It varies. [18:45] You need to have the proper mindset for C properties. [20:15] Jason talks about the general pricing of A, B, and C properties. [28:15] Try and target a 4% annual rent increase. [37:50] Remember, every property is an individual case. [43:45] Be careful who you listen to! Mentioned In This Episode: http://www.propertywire.com/news/europe/us-property-prices-rents-2015043010455.html

Jason invites his mother, Sara, Fernando, and Brad to do a mini recap on the Memphis property tour they just had. Fernando shares his property performance statistics to the audience and Brad talks about the Mississippi real estate market. Our guest today is Doug Hall of the National Priorities Project. He talks to Jason on the federal discretionary budget and how his company is trying to make the federal budget more transparent to taxpayers. Key Takeaways: [1:50] Sara shares her thoughts on the Memphis property event. [3:30] Jason's mother shares her thoughts about the properties in Memphis. [6:00] Fernando showed clients charts and graphs on how his properties have preformed over the years. [9:50] Fernando has a annual 23% return from his real estate investments versus 13% annual return from his Apple stock. [14:10] Brad talks about what Jason and the team can expect to see in the Jackson, Mississippi market. [18:50] Jason introduces Doug Hall. [21:05] Doug looks at both the federal discretionary budget as well as the overall budget. [27:14] Should there even be unions in the public sector? [29:50] What is the impact of federal spending at both the state and local level? [34:40] Doug points out that the Pentagon is essentially unauditable. [38:45] If you reduced the military spending by 2 billion dollars, you could increase other areas of the discretionary budget like education, medicare, etc by 50%. Mentioned In This Episode: https://www.nationalpriorities.org/

Originally aired as Creating Wealth 310 On this episode, Jason Hartman is joined by Jack Canfield, America’s #1 Success Coach, to talk about Jack’s journey to success as founder and CEO of Chicken Soup for the Soul Enterprises, founder and chairman of The Canfield Training Group, and his latest project, Bestseller Blueprint Training Program. As the beloved originator of the Chicken Soup for the Soul® series, Jack Canfield fostered the emergence of inspirational anthologies as a genre - and watched it grow to a billion dollar market. As the driving force behind the development and delivery of more than 123 million books sold through the Chicken Soup for the Soul® franchise (and over 500 million copies in print worldwide), Jack Canfield is uniquely qualified to talk about success. His proven formula for success reached global acclaim with his most recent National Bestseller, The Success Principles™: How to Get from Where You Are to Where You Want to Be. For his fascinating story, listen at: www.SpeakingofWealth.com. Jack is a multiple New York Times bestselling author, including titles such as The Power of Focus, The Aladdin Factor, Dare to Win, You’ve Got to Read This Book! and The Key to Living the Law of Attraction. He is the Founder and Chairman of The Canfield Training Group in Santa Barbara, California, which trains entrepreneurs, educators, corporate leaders and motivated individuals how to accelerate the achievement of their personal and professional goals. Jack is also the founder of The Foundation for Self-Esteem in Westlake Village, California, which provides self-esteem resources and trainings to social workers, welfare recipients and human resource professionals. Jack wrote and produced the Goals Program, a video training program for California welfare recipients. To date, the program has been responsible for helping 450,000 people get off welfare. Jack is a featured teacher in the movie “The Secret”, “The Opus”, “The Cure”, "The Tapping Solution”, and “Yes IS the Destination...No is How You Get There.” He has recently been filmed for inclusion in two more films entitled “Discover the Gift” and “Awakening.” Jack has also been a featured guest on more than 1,000 radio and television programs in nearly every major market worldwide - many of them on a repeat basis. A sample of these shows include Oprah, Montel, Larry King Live, 20/20, Inside Edition, The Today Show, Fox and Friends, The CBS Evening News, The NBC Nightly News, Eye to Eye, CNN's Talk Back Live!, PBS, QVC and many others.

Jason's mother, Joyce, reads a book a week and has some interesting questions for Jason about the book she's currently reading entitled The Death of Money by James Rickards. Jason and Joyce talk about China's economy, the one child policy, and they also touch on why the US government loves inflation. Key Takeaways: 3:40 – Joyce is currently reading The Death of Money by James Rickards. 6:30 – If you believe in Earth Day, why don't you move to North Korea? 9:55 – Corruption happens everywhere, both in the US and in China. 15:15 – China just doesn't have enough money. 23:50 – It's silly that the US government doesn't include food and energy in their inflation stats. 28:10 – What does all of this have to do with income property? 35:30 – People say that the US is no longer going to be the leading reserve currency in the ten years. Jason doesn't think that's true. 40:10 – Jason thinks his mother should start her own podcast. Mentioned In This Episode: The Death of Money by James Rickards The Bet by Paul Sabin Smaller, Faster, Lighter, Denser, Cheaper by Robert Bryce.

Jason would like to remind his audience that the Memphis property tour is coming up and there's still a few seats left. Jason invites Brad, a market specialist for the Jackson, Mississippi market to give an extensive market profile on the area and why it's a good time to invest there. Key Takeaways: 2:40 – There will be a Venture Alliance mastermind meeting in San Diego. 4:25 – For the mastermind meeting in June, you can come as a guest to get a feel for it. 5:35 – Jason welcomes Brad. 9:20 – Brad sold some of his properties in 2005 and regrets it. 15:40 – You can buy a house in Jackson for $50k and have it rent for $750. 18:10 – Brad shares his thoughts on section 8 tenants. 21:40 – Brad lists some key things he likes about Jackson. 29:10 – There will always be people who will have a renter mentality and not purchase a home. Mentioned In This Episode: JasonHartman.com VentureAlliancemastermind.com

Jason Hartman starts this episode with an update on and new fixed-rate mortgage financing program for IRA investors and foreign nationals. In addition, you’ll hear about a change the RSS feed for this podcast in hopes that the change will be seamless and you won’t even notice it; however, you know how technology goes sometimes. You’ll get an overview of a few properties, a few thoughts on the greater Atlanta, Georgia real estate market and an update on Jason’s “Meet The Masters of Income Property Investing” event slated for October at The Hyatt Regency in Irvine, California visit: http://www.jasonhartman.com/meet-the-masters-of-income-property-investing/for complete details. The main focus of this episode of The Creating Wealth Show will be: Defending Against The Demons of Investing. The world of investing involves many considerations. Chief among these are the two “Demons” of investing that must both be defeated in order to realize success. The first demon is risk, and the second is inflation. Risk comes from the fact that future returns are uncertain, and it is not possible to foresee all future events. Investments that seem ‘safe’ may turn out to have hidden dangers that we did not notice. Risk can never be eliminated, it can only be managed. The best way to do this is by properly diversifying your investments so that they are not all subject to the same market shocks. The second demon of investing is inflation. Inflation is especially difficult because it erodes the value of your dollars. Defeating the demon of inflation requires investment in multi-dimensional assets that are optimized to defeat inflation. Income properties meet this criteria well because the property itself holds real value by nature of the replacement cost of the structure, the loan allows you to have a fixed cost of capital for three decades, and the cash flow is pushed up by inflation while you cost structure remains flat because of the fixed-rate financing.

Jason invites Fernando on to the show and answers a couple of his questions on lease renewal. Dan Mitchell is also today's Creating Wealth guest. Dan is a senior fellow at the Cato Institute and talks about high corporate taxes, the fiscal policy, and recommendations on how a country's economy can grow instead of collapse. Key Takeaways: 1:40 – Fernando shares his opinion on the mastermind group he and Jason are currently attending. 5:50 – Fernando has two questions about upcoming property renewals and wants to pick Jason's brain on what he should do. 15:20 – Jason introduces Dan Mitchell. 20:05 – Taxing US citizens world wide is a nightmare. 26:05 – The US understands that it can't go down the same route as failing economies like Greece. 33:58 – We can no longer view the government as a sugar daddy. Mentioned In This Episode: https://www.rentometer.com cato.org https://danieljmitchell.wordpress.com/

Jason starts by talking about the Millennial demographic and its benefits for real estate investors. In relation to this, he reads an article on the renter market and why fewer people are purchasing homes. He also takes the time to answer a couple of listener questions about home-owner risk mitigation and renting versus owning property on today's show. Key Takeaways: 2:00 – Millennials have seen their parents get burned by the real estate crash. 7:40 – Millennials are putting off marriage, living with their parents, and have massive student loan debt. 9:35 – It's hard to get good stats on individual home owners or single family homes. 11:35 – If Fannie Mae and Freddie Mac were to go away, it would free up 25 million new renters. 14:30 – Jason answers a listener question about risk mitigation for properties. 19:20 – Jason answers another question about renting versus owning. 27:05 – Next episode Jason will have Dan Mitchell, Senior Fellow from the Cato Institute, on the show. Mentioned In This Episode: http://realestateconsulting.com/affluent-apartment-renters-slow-to-buy-a-home/

Jason Hartman talks with investment counselor, Sara, about investor psychology, overcoming obstacles and getting out of our own way. The smoke-and-mirrors propaganda perpetuated by mainstream media (lamestream media as Sarah Palin says) in reporting the new high in the Dow Jones Industrial Average (DJIA). They almost always fail to distinguish between nominal dollars and real dollars. Jason illustrates how investors have actually lost money in inflation adjusted dollars and how the Dow has to increase a lot more before investors break even based on the two peaks. This lie is even worse when one considers how inflation is underreported in the consumer price index (CPI and CPI-U) due to weighting, substitution and hedonics (the hedonic index). Another misrepresentation is the ‘core rate’ or ‘core inflation’ which strips out food and energy because they’re too volatile. Jason shares some interesting data from ZeroHedge.com. Jason and Sara discuss announce the Memphis Distressed Property Tour and Creating Wealth Bootcamp, register at: http://www.jasonhartman.com/ (click on “events”). The Memphis Hilton will host the event. You’ll hear a mortgage financing panel from Jason’s ‘Meet the Masters of Income Property Investing’ event last January in Irvine, California. Many topics are discussed, including: How investors can obtain more than 10 Fannie Mae (FNMA) loans How banks underwrite non-owner occupied loans Implications of strategic default Property financing with entities like LLCs, corporations and trusts Private lending/hard money lending options And much more

To start, Jason's mother joins Creating Wealth to speak on the latest in the real estate market and rent to value ratios. Today's Creating Wealth guest is Managing Director of Dandrew Partners New York, Salvatore Buscemi. Dandrew Parnters specializes in non-performing residential mortgages. Salvatore talks about why the real estate market collapsed, dealing with inexperienced investors, real estate crowd funding, and more on today's show. Key Takeaways: 2:00 – Jason's mother will be joining the Memphis property tour. 19:05 – Jason is waiting for space flights to be cheaper before he goes. 21:20 – Jason welcomes Salvatore Buscemi to the show. 30:20 – Not everyone is a crook, they just may be inexperienced. 40:05 – Many crowd funded deals are dealing with a less experienced investor who might not be able to bring a lot to the table. 48:30 – Foreigners still see America as a safe place to put their money. 60:50 – It can be hard to find legit real estate deals. Always ask the hard questions first. Mentioned In This Episode: JasonHartman.com

Jason Hartman reads a listener question about the rental rates decreasing and what to do about it. He also invites Jurgen Neugebohrn to the show and answers some of his personal questions. Jurgen is in the oil industry in Saudi Arabia and is interested in the real estate market. He has some very interesting questions for Jason to answer and picks Jason's brain on investing in real estate. Key Takeaways: 4:50 – You don't hear about the people who have lost money investing in low rent to value ratio markets. 7:25 – Jason reads a listener question about rental rates decreasing. 12:15 – Remember to join our Memphis property tour! 13:50 – Jason introduces Jurgen, an online listener, to the show. 19:50 – What's Saudi Arabia like? 23:30 – According to Jim Norman, the reason why oil prices are so low now is because the US is trying to economically hurt Russia and Venezuela. 25:00 Jason explains why he disagrees with Harry Dent. 32:00 – Jason doesn't have a check list on what you should buy because properties vary depending on the investor's needs. 35:35 – Jurgen asks one last question about Fernando's independence day. Mentioned In This Episode: The Oil Card by Jim Norman

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