Creating Wealth Real Estate Investing with Jason Hartman

In the beginning, Jason Hartman created the 10 Commandments of Successful Investing, and he saw that it was good. But then he lived and learned and realized there was a desperate need for 10 more. Listen in as Jason Hartman discusses The Next 10 Commandments of Successful Investing. This keynote speech was taped live at the opening of our 2013 Meet the Masters of Income Property Investing Event at the Hyatt Regency in Irvine, California. With all deference to the Big Guy upstairs, when it comes to income property investing, Jason Hartman realized that 10 commandments simply weren’t enough to cover such an important topic. Not when creating financial independence is at stake. What’s in the new commandments? Another generous helping of the kind of nitty gritty (and free) income property investing educational detail you’ve come to expect from Jason. Commandments 11-20 include: Thou Shalt Not Be a Sucker Thou Shalt Have a Reality Check Thou Shalt Embrace Fragmentation Thou Shalt Make Rational Decisions Thou Shalt Look at the Big Picture . . . and five more critical NEW commandments In case you haven’t committed the original 10 Commandments of Successful Investing to memory, here’s a quick refresher:: 1. Thou shalt become educated: Knowledge is a powerful tool. Do your due diligence and become your own best advisor. 2. Thou shalt have a professional investment counselor: Only invest with investment professionals who stay with you for the long term. Advisors should buy for themselves what they sell, putting their money where their mouth is, and get paid for producing results rather than simply for advice. 3. Thou shalt maintain control: Never leave your financial future in the hands of incompetent, unethical, or greedy brokerage houses, fund managers or corporations. Always be a direct investor. 4. Thou shalt use prudent financial planning techniques: Always invest with your goals in mind (retirement, financial freedom, creating wealth) and abide by your risk tolerance and investing style. 5. Thou shalt not gamble: Be a prudent, long-term value investor, never a get-rich-quick gambler, speculator, or flipper. Invest only in properties that make good financial sense the day you buy them. 6. Thou shalt diversify: reduce risk and maximize returns by investing in several areas, as every market is different. 7. Thou shalt be Area Agnostic™: Only invest with an advisor who is not partial to any one area or investment to avoid a conflict of interest. Don’t fall in love with your home geographical area! 8. Thou shalt borrow to maximize leverage and accelerate wealth creation: Use as much borrowed money and as little of your own money as possible as long as the borrowed money can be repaid by the tenant. Let other people’s money work for you, reduce your risk, and make you wealthy. 9. Thou shalt only invest where there is universal need: No one needs stocks, bonds, or gold but everyone needs a place to live, and with growing affluence around the world, consumption of raw materials will continue to cause upward price pressure on improved real estate. 10. Thou shalt invest only in tax-favored assets: Non-cash write-offs and deductions are money in your pocket and income property offers the best of both.

Jason invites Diane Kennedy on the show to talk about taxes and how to save you money. Diane is an experienced CPA and helps her clients all over the world with their taxes, accounting, and investing. The main subject of today's focus is why you should get real estate professional status, the benefits it provides, and what you need to do in order to qualify. Key Takeaways: 2:40 – The government takes a big cut whenever you sell stocks and precious metals, but that doesn't happen with income property. 7:40 – Diane explains what the charitable remainder trust is. 13:05 – There are three tests you need to qualify in order to get the real estate professional status. 20:00 – What is the an aggregation election? Jason explains. 29:50 – If you have a property manager, it's going to be hard for you to qualify. It is best in this case to self-manage your properties. 34:15 – This stuff is complicated! Get advise from a good CPA and attorney before it's too late. 36:00 – Why do you even want to get real estate professional status? Jason breaks it down. 42:30 – The government wants you to own property. They are even incentivizing you for it. Mentioned In This Episode: USTaxAid.com

On today's Creating Wealth introduction, Jason invites Memphis and Little Rock market specialist, Jeremy on to the call. Jeremy talks about his interest in physics and what's going on in these two real estate markets right now. Jason invites Peter Sage from Extreme Entrepreneur to be today's Creating Wealth guest. He is a serial entrepreneur who started his first business at 17. Fernando also joins as guest co-host with Jason and the two ask Peter a series of insightful questions. On the show, Peter shares insight as to why he had a drive to become an entrepreneur, how to find your passion, your why, and much, much more on today's episode. Key Takeaways: 2:30 – Jeremy talks about the double split experiment in physics. 13:20 – What's currently going on in the Memphis and Little Rock market? 18:30 – Jason introduces Peter Sage and Fernando on to the show. 28:30 – Get in touch with what you're passionate about. Ask yourself questions about your life purpose. 39:40 – Why is it that some people struggle to change and others don't? Peter explains. 61:30 – How do we prevent ourselves from falling back into the same old routine? 68:20 – Peter talks about his purpose and his why. 73:20 – Peter talks about his space-based solar power energy project that he started. 78:30 – Pharmaceutical companies are not interested in curing diseases, they only want to maintain them. This current medicine model has to change. Mentioned In This Episode: Start with Why by Simon Sinek The Purpose Driven Life by Rick Warren. The Power of Now by Eckhart Tolle

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.

In Jason Hartman's introduction portion of the show, he answers a listener question about the due on sale clause and transferring your property into a single member LLC. Jason also welcomes guest John Michael Greer to the show. He is the author of several books with the most recent one being The Wealth of Nature. In the show today, Jason and John talk about the US economy and some of the key issues that it currently has in today's market. Key Takeaways: 1:40 – A listener question is played about quick claim deeds. 6:50 – Would a judge even uphold a due on sale clause for single member LLCs? 13:45 – Jason touches on rent to value ratios and talks about $415 rents around the country. 19:50 – Jason introduces his guest John. 29:20 – John and Jason explain what externalities are. 40:30 – We tax the wrong things, we shouldn't be taxing earned income. 48:00 – People are smart and they will always find a way to game the system. Mentioned In This Episode: HotPads.com VisualCapitalist.com The Great Crash, 1929 by John Kenneth Galbraith The Wealth of Nature by John Michael Greer http://thearchdruidreport.blogspot.com/

Jason Hartman invites his mother, Joyce, and Fernando on the show. The two guests have both appeared on the show before and have both experienced great successes in real estate investing. Joyce talks to the audience about some of the benefits of joining the Apartment Owners Association and and Fernando let's everybody know that there's a new product on the JasonHartman.com store called Financial Independence Day where he will do personal one-on-one consulting with you to help you achieve your dreams for financial freedom. Key Takeaways: 2:30 – Jason and Fernando are developing a software tool where property owners can use property managers in an a la carte fashion. 8:00 – When it comes to income property, Joyce is an extreme do-it-yourselfer. 13:40 – An Apartment Owners Association membership costs $79 a year. 20:20 – Joyce uses eviction attorneys that charge a flat rate to help her with problem tenants. 28:00 – There are lot of benefits towards focusing on buying up a neighborhood. 29:10 – Fernando talks about his new product that's currently on the JasonHartman.com website. 32:10 – Today's supposed guest, John Michael Greet, will be on Wednesday's show. Mentioned In This Episode: http://www.naahq.org/ JasonHartman.com.

Jason reveals how you can actually profit from prudent borrowing. Then Jason and Ben, a local businessman and caterer, discuss inflation and rising food prices.

In Jason's Creating Wealth introduction, he answers a listener question as well as shares an important tip to listeners who are currently experiencing vacancy issues or property manager issues. On the show itself, Jason invites local Chicago market specialist John to the show. John addresses Chicago's crime rate issue, the land lord unfriendliness, his company's screening process for tenants, and a lot more on today's episode. Key Takeaways: 2:00 – Jason's new Longevity and Bio-hacking show is doing great on iTunes. 4:40 – Jason plays a listener question on the show and he answers his questions. 11:10 – You can own a much larger portfolio when you use leverage right versus the free and clear way. 15:20 – Jason shares an important real estate tip for those who are having vacancy issues. 18:30 – Jason introduces John. 25:30 – Crime in Chicago suburbs consists of petty thief and vandalism. 30:50 – John's company will redevelop a distressed house and bring it up to current construction code. 34:50 – John looks for A residences and address the topic of Chicago state being more tenant friendly. 38:10 – Out of 1,600 homes that John's company manages, less than 2% of those go through the eviction process. 42:50 – John breaks down some of the specials and offers his company gives to their clients. Mentioned In This Episode: JasonHartman.com www.bulletproofexec.com

Jason Hartman invites Randy on to the show to talk about mortgage financing and lending. In the show, Jason talks about having a Chicago market specialist be the guest for today's episode to talk about what's happening in the Chicago real estate market, but listeners can expect to hear from that guest on Wednesday's Creating Wealth show instead. Jason and Randy sit down to talk about the real estate market, the differences between FirstKey and B2R, and a lot more on this exciting Creating Wealth episode. Key Takeaways: 3:20 – Randy talks about FirstKey and B2R and some of their benefits versus Fanny Mae/Freddie Mac. 10:10 – Randy compares a FirstKey/B2R type loan to a Fanny Mae/Freddie Mac loan. 15:00 – What about the underwriting? 19:00 – Indianapolis ranks number one for the best convention city. 26:00 – Randy shares his thoughts on Douglas Andrew's strategy. 33:30 – Most people don't understand the value of leverage. 36:10 – Nothing in this world is truly passive income. You always have to work for your money. 40:45 – What happened to the day trader? 42:00 – Look forward to next Wednesday's episode with the Chicago market specialist. Mentioned In This Episode: Missed Fortune by Douglas Andrew Missed Fortune 101 by Douglas Andrew Irrational Exuberance 1&2 by Robert Shiller

A look at Jason’s Ultimate Investing Equation followed by Daniel and Gerard Adams for The National Inflation Association (NIA) recently featured on Inside Edition and ABC World News Tonight with Charlie Gibson, The Wall Street Journal, MSNBC, ABC’s Nightline, KTLA News and CNBC. After being ignored by family and friends about the coming stock market decline and recession, he started a youtube channel called VisionVictory with some very interesting predictions on record: On march of 2008 in his first video, he accurately predicted that the Dow would fall to 8,000 in the fall of 2008. The S&P would fall to 800 in the fall of 2008. And that global stocks wouldn’t decouple until after the fall of 2008. In July of 2008, he updated his prediction and told his youtube viewers that stocks were set to drop on the 3rd week of September and they did, in a big way, from the 3rd week of September to the 3rd week of October stocks fell 33%. In December of 2008 he made a new prediction, that stocks would make new lows sometime in late February 2009. On the 3rd week of February, guess what? The Dow and S&P made new lows. in 2008 while Ben Bernanke, Jim Cramer, and college professors around the world were predicting that the U.S. would not enter a recession. Daniel predicted a severe recession that would break all previous records. While Ben Bernanke said a recovery would take place in the summer of 2008, Daniel correctly predicted that the world would acknowledge the recession after the summer of 2008, and they did. He also correctly forecasted rising unemployment, a collapse of consumer spending and many more well timed predictions. The VisionVictory Channel is now watched by thousands and has a subscription base of 17,500. The VisionVictory Channel is also part of the National Inflation Association and helped with the documentary, Meltup. in 2008 while Ben Bernanke, Jim Cramer, and college professors around the world were predicting that the U.S. would not enter a recession. Daniel predicted on the record, a severe recession that would break all previous records. While Ben Bernanke said a recovery would take place in the summer of 2008, Daniel correctly predicted that the world would acknowledge the recession after the summer of 2008, and they did. He also correctly forecasted rising unemployment, a collapse of consumer spending and many more well timed predictions. The VisionVictory Channel is now watched by thousands and has a subscription base of 17,500. The VisionVictory Channel is also part of the National Inflation Association and helped with the documentary, Meltup.

On today's Creating Wealth show, Jason talks a little bit about mastermind groups and touches on an article that was released by USA Today on the subject of investments. Jason brings up some very interesting points on the minimum wage discussion as well as talks about conflict of interests in financial advisers. As always, Jason shares some timeless wisdom about the US dollar, commandments to live by, and more on the Creating Wealth show. Key Takeaways: 1:30 - Jason talks about his mastermind group, Venture Alliance. 5:45 - Minimum wage increases always causes inflation. 11:00 - Give yourself small rewards along the way. 13:40 Jason talks about commandment number nine. 17:20 - The American workspace is getting smaller as more people work from home. 23: 15 - Jason talks about the gold bugs and other forms of currency. 27:45 - The US dollar will still be the reserve currency 30:10 – Jason does a deep dive into his personal commandments. 37:40 – There is no such thing as passive income. 41:00 – Jason's company looks for landlord friendly markets. Mentioned In This Episode: http://www.usatoday.com/story/money/personalfinance/2015/02/23/obama-retirement-savings-aarp/23887535/ http://www.newser.com/story/203101/youre-losing-your-office-space.html http://www.businessinsider.com/us-dollar-most-crowded-trade-2015-2

Garrett Sutton returns to the Creating Wealth show to give Jason Hartman's audience an update on new asset protection laws that have since changed when he was on the podcast last. Garrett is a lawyer, author, and a Rich Dad advisor. On the show, Garrett talks to Jason about what a B Corp is, how trusts work, and provides a deeper look into LLCs. Jason also reminds his audience early in the show that there are still a couple more hard copies of the Meet the Masters home study course, so get it while supplies last!

Our world is desperate for leaders who serve and make an eternal difference in the lives of others every day. On this momentous 100th episode of The Creating Wealth Show, Jason Hartman interviews leadership expert, Dr. Jeff Myers, President of the Myers Institute for Communication and Leadership and Passing the Baton International on this timely subject (http://www.jasonhartman.com/radioshows/). This mission of Dr. Myers is to equip culture-shaping leaders to understand the times by providing tools and training that unleash their leadership gifts and enable them to communicate the truth with confidence. Jeff is the author of seven books and five video coaching systems including Secrets of Great Communicators, Handoff and Understanding the Times, a training curriculum used in schools around the world. More than two million people have used Jeff’s worldview, leadership and communication training courses. Join in as we celebrate the 100 episodes of The Creating Wealth Show which Jason Hartman has recorded in order to give you, his listeners, the opportunity to learn cutting-edge investment strategies and advice needed in the world today! Upcoming shows will feature: buying with only $5,000 down, cutting-edge property tracking technology and apartment riches with an expert from American Apartment Owners Association (AAOA).

In today's Creating Wealth introduction, Jason Hartman reads out loud about a Realty Times article about Zillow's evaluations and gives his comments on this. He also talks about military drones, regular drones, and reminds the audience that you can still purchase Meet the Master home study courses on JasonHartman.com! Dr. David E. Goldberg is today's Creating Wealth guest. David has a background in civil engineering and is also an author who has written several books about engineering and computer algorithms. Jason talks to David about his most recent book, A Whole New Engineer as well as genetic algorithms, why there is a decline in engineers, and more on today's episode. Key Takeaways: 3:45 – Jason talks about when he first started in the real estate business. 7:45 – Single family homes appreciate a lot better than other real estate classes. 13:40 – Jason reads out loud a Realty Times article about Zillow, 17:25 – Zillow agents say their estimates are 'just a good starting point', but what does that mean? 19:12 – Reminder: if you have any comments or questions for Jason, you can now leave voice messages on the website. 20:10 – Appraisals and CMAs show the data points, Zillow does not. 27:15 – Jason introduces his guest, Dr. David E. Goldberg. 30:30 – Designing a kidney by hand is almost impossible, but by using nature's genetic algorithms as a base, you can speed up the process. 35:10 – There will always be a good and bad side to technological advances. 40:00 – At one point in our history, engineers were seen as rockstars. 46:00 – Engineering is fairly uninviting and there's bigger paychecks else where. 51:10 – When students feel trusted, they end up achieving a lot more. Mentioned In This Episode: Zillow.com http://realtytimes.com/consumeradvice/sellersadvice1/item/32910-20150218-starting-with-zillows-zestimate-may-not-get-you-very-far The Singularity is Near by Ray Kurzweil NoFlyZone.org DoNotCall.gov The visible hand by Alfred Chandler http://bigbeacon.org/ http://www.amazon.com/David-E.-Goldberg/e/B000APHEJU

On today's Creating Wealth intro, Jason talks about how he was not able to go heli-skiing this past weekend and is currently in San Diego attending a marketing conference. He talks about how so many people attend these conferences and don't actually take action on anything. He also cites some of his main marketing influencers when growing up and why his guest, Jon Evans, is talking about Bitcoin and how that relates to real estate investing. Jon Evans is today's Creating Wealth guest and he is a TechCrunch journalist with a background in software engineering. He gives a more technical breakdown of what Bitcoin is, what Block Chain is, and how Bitcoin works on the whole. Jon and Jason sit down to discus Bitcoin scams, how you can track your Bitcoin transactions, and also how Bitcoin is probably the most transparent currency out there on the market today. Key Takeaways: 1:60 – Sunday is becoming Jason's favorite day because he gets to read all your reviews! 7:10 – Jason likes the Libertarian ideal, because as government gets bigger, it becomes inefficient. 9:30 – Do not be the guy that spends all his time going to seminars, buying products, and take no action on what he's learned. 12:45 – Why is Jason talking about all this extra stuff that has nothing to do with real estate? He explains why. 22:45 – Don't forget to check out the properties listed at JasonHartman.com. 25:10 – Jason talks about upcoming episodes. 27:35 – Jason still has a few extra Meet The Masters home study courses, so order now! 28:25 – Jason introduces Jon Evans to the show. 31:10 – The alternative coins could be considered easier to take over than Bitcoin, because there's not enough people monitoring and searching for bugs and holes. 34:30 – There's a war on Block Chains. What does Jon mean by this? 36:20 – How would we be able to decentralize the internet? 41:00 – Bitcoin scams? Jason picks Jon's brain about this. 46:20 – Jon thinks Bitcoin will succeed in places like Venezuela and Zimbabwe. 52:30 – Is Jon a gold bug? He says it's too 20th century for him. Mentioned In This Episode: See You at the Top by Zig Ziglar Psychology of Winning by Dennis Wadley Ready, Fire, Aim by Michael Masterson The Singularity Is Near by Ray Kurzweil BlockChain.Info http://techcrunch.com/author/jon-evans/ http://rezendi.com/

Whether it’s your spouse, significant other, family, friends, or even business associates, each individual speaks his or her own love language. “The Five Love Languages” are: Words of Affirmation, Quality Time, Receiving Gifts, Acts of Service, and Physical Touch. Understanding which of these languages makes that special someone feel loved can be essential to the success of any relationship. Join Jason Hartman and renowned author, Dr. Gary Chapman as they discuss these timeless concepts and how our primary language affects our interactions in our relationships. Please visit: http://www.jasonhartman.com/podcast. Dr. Gary Chapman seeks to fulfill his call to the ministry as a pastor, speaker, and author. He speaks extensively throughout the U.S. and internationally on marriage, family, and relationships. The government of Singapore invited him to present his marriage seminar there and the Chaplain’s Office of NATO issued a special invitation for Dr. Chapman to speak to the NATO forces in Germany. Other engagements have taken him to England, Africa, Saudi Arabia, Turkey, Mexico and Hong Kong. Sales exceeding 5 million copies earned him the Platinum Book Award from the Evangelical Publishers Association for The Five Love Languages, which has been translated into over thirty-six languages. Twenty-seven other books and five video series are also among his publications.

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

In today's Creating Wealth show, Jason first talks about statistics and how so many people use it to manipulate others. He also talks about how there are still a few Meet the Masters home study courses left, so do not forget to order them now while supplies last! Sara Silverstein joins Jason today on the Creating Wealth show to talk about funny tongue and cheek correlations. She shares a few examples that she has found over the past few months as well as talks about the birthday paradox, the Wizard of Oz, and her next article for Business Insider about vaccines. Key Takeaways: 1:45 – Jason talks about how you can mislead people with statistics. 8:45 – People self-select for jobs. Jason explains what he means by this. 14:10 – Jason introduces Sara. 17:30 – So many people don't understand that a correlation does not always mean causation. 22:45 - Sara is combing all of these weird correlations together to show people a very tongue and cheek view of how correlations work. 26:35 – You can take pretty much any two things and figure out a way to make them related. 29:15 – Both Jason and Sara talk about the conflict of interest dilemma. 33:00 – Is Wizard of Oz a story about the gold standard? 34:30 – Sara talks about the birthday paradox. 37:45 – Sara talks about her next upcoming article for Business Insider about vaccinations. Mentioned In This Episode: How to Lie with Statistics by Darrell Huff Freakonomics by Stephen Dubner and Steven Levitt. http://www.businessinsider.com/author/sara-silverstein

Today on the Creating Wealth show, Jason talks about some of the latest things he is up to as well as talks about an interesting opinion article published by the Washington Post. He does not have a guest for today's show, so he does a deep dive into the real estate market and talks about why central planning never works for the home ownership market. He also gives his comments in between reading out loud the article published by Washington Post in this quick 30 minute Creating Wealth episode. Key Takeaways: 1:30 – Jason loves Arizona weather. 6:00 – Jason talks about the Venture Alliance and welcomes two of the first members. 8:10 – Jason talks about what a general and limited partner means. 14:30 – High ownership rates are not good for society. 17:30 – Central planning does not work. 23:45 – Rental market is incredibly hot right now. 24:00 - Jason shares tips on how you can rent your property if you are having trouble. 26:50 – This kind of income property investing only works in the United States. 28:50 – Lots of new properties on JasonHartman.com right now. Check it out! 30:25 – The physical product of the Meet the Masters home study course is still on sale for half the price of the digital version. Mentioned In This Episode: http://www.washingtonpost.com/opinions/charles-lane-the-diminishing-returns-of-todays-homeownership-policies/2015/02/04/fe49e388-ac95-11e4-9c91-e9d2f9fde644_story.html JasonHartman.com

Platinum Investment Counselor, Sara, brought a client into Jason's office today and one of those occasional, casual and impromptu shows was born. If you want to hear it from the client's mouth to your ears, this show is for you. Learn from a short discussion on global trade, container shipping, Packaged Commodities Investing™.

In today's Creating Wealth intro, Jason invites his real estate counselor, Sarah, on the show. Sarah is excited about the Chicago real estate market. She is seeing some movement there as well as client interest. She also gives a friendly reminder to the Creating Wealth audience to make sure you do your due diligence with your income property to avoid any hassles and headaches. Jason gets right into the show today with his guest, Harvey Silverglate. Harvey Silverglate is an attorney, writer, and advocate for civil liberties. Harvey talks about US laws that are not clearly defined on purpose, he shares his personal story about the FBI investigating him several times, and he also talks about his book, Three Felonies a Day, on today's Creating Wealth show. Key Takeaways: 1:50 – Jason talks to Sarah about how she did last month. 2:30 – Sarah is willing to send you individual property listings that haven't hit the website yet. Just contact her! 3:40 – People talk about how Chicago is so dangerous, but Chicago is not as crime ridden as many people might think. 5:11 – Sarah encourages first-time investors to visit properties and get a feel for it. 8:08 – Don't forget to do your homework and your due diligence! 9:20 – Jason introduces his guest, Harvey Silverglate. 14:20 – The federal law is very general and unclear by what 'fraud' really means. 17:55 – The feds are able to look at the daily activity of any citizen and they will be able to find something misleading. 21:50 – On three occasions Harvey has been investigated by the FBI. 25:30 – Civil fraud and federal fraud are two different things. 31:00 – How do we protect ourselves? Harvey explains. 34:20 – Harvey talks about the Gibson Guitar case and how ridiculous it was. 38:15 – Final thoughts? Harvey says be careful. Mentioned In This Episode: http://www.harveysilverglate.com/ Three Felonies a Day by Harvey A. Silverglate

In today’s introduction to Creating Wealth, Jason records his intro section just ahead of the NFL Super Bowl XLIX in Arizona. Jason postulates on a variety of property markets around the U.S. as he prepares to make another purchase himself, speaks on over-diversification, and brings some great insight into deflation. Jason’s guest today is Jim Norman, author of The Oil Card. This is Jim’s second appearance on the Creating Wealth show. Jim is a veteran business journalist and energy reporter.

Jason interviews his early mentor Dr. Denis Waitley on “The Psychology of Winning.” At age 17, Jason discovered Waitley and it was a life altering event leading to his early and sustained success. Waitley is one of America’s most respected authors, keynote lecturers and productivity consultants on high performance human achievement. He has inspired, informed, challenged, and entertained audiences for over 25 years from the board rooms of multi-national corporations to the locker rooms of world-class athletes and in the meeting rooms of thousands of conventioneers throughout the world. Recently, he was voted business speaker of the year by the Sales and Marketing Executives’ Association and by Toastmasters’ International and inducted into the International Speakers’ Hall of Fame. With over 10 million audio programs sold in 14 languages, Denis Waitley is one of the most listened-to voices on personal and career success. He is the author of 15 non-fiction books, including several international best sellers, “Seeds of Greatness,” “Being the Best,” “The Winner’s Edge,” “The Joy of Working,” and “Empires of the Mind.” His audio album, “The Psychology of Winning,” is the all-time best selling program on self-mastery. Denis Waitley has studied and counseled winners in every field from Apollo astronauts to Superbowl champions, from sales achievers to government leaders and youth groups. During the 1980’s, he served as Chairman of Psychology on the U. S. Olympic Committee’s Sports Medicine Council, responsible for performance enhancement of all U. S. Olympic athletes. Dr. Waitley is a founding director of the National Council on Self-Esteem and the President’s Council on Vocational Education, and recently received the “Youth Flame Award” from the National Council on Youth Leadership for his outstanding contribution to high school youth leadership. As president of the International Society for Advanced Education, inspired by Dr. Jonas Salk, he counseled returning POWs from Viet Nam and conducted simulation and stress management seminars for Apollo astronauts. A graduate of the U. S. Naval Academy at Annapolis, and former Navy pilot, he holds a doctorate degree in human behavior. Upcoming shows will feature: Asset Protection Attorney Mark Kholer, Marketing Guru Ted Nicholas, Federal Reserve Commentator Andre Eggeletion, Video Marketer Mike Koenigs, Internet Money Machine Yanik Silver, Organizational Expert David Allen and many other thought leaders

Jason Hartman introduces today’s Creating Wealth Show with a well-aimed stab at a recently published article alleging that it is now cheaper to buy a residential property than rent, and then opens up the discussion to a wider view on why we simply can’t trust statistics any more. Later, he invites It’s All About Money presenter, Bill Tatro, to give his opinion on the important issues which affect Americans and their money today, such as oil prices, whether more of our money is going overseas or staying on home soil and why we can expect both inflationary and deflationary patterns in the next 10-15 years. Key Takeaways 03.35 – Jason Hartman gives a brief explanation of the various types of property management available. 07.44 – Income property is the most leverage-favored asset. Take advantage of this! 12.43 – Keep your wits about you, even when reading news media. Not everything is quite as it seems. 17.50 – Want to be featured on Jason’s show? No problem! Head to www.JasonHartman.com/Jason 19.58 – Jason Hartman introduces today’s guest, Bill Tatro. 25.34 – Bill Tatro explains the reasoning behind Keynesianism in a more modern, comprehensible way. 28.31 – Yes, trillions of dollars have been printed, but how many of those have we actually seen? 31.22 – How can we hope to combat deflation? 36.02 – We can learn a lot from the actions of Greece, but will we learn? 40.42 – Past, current and predicted oil prices can tell us a lot about the state of our economy in terms of inflation or deflation. 43.12 – For more information, head to www.BillTatro.com 47.10 – What does the future look like through the eyes of an economist? Mentioned in this episode 44th: A Presidential Conspiracy by Bill Tatro

Jason Hartman introduces today’s Creating Wealth Show with a look at why there is no ‘short-cut’ into income property investment and explains how what you learn along the journey can be even more valuable in the long-term. He also uses personal experience to discuss just how certain companies have managed to beat inflation. His guest for today is the co-founder of Reaganomics, Paul Craig Roberts. Together, they discuss some of the international threats that could face America, thanks to the recent actions from Washington. Specifically, they deal with issues of demography, currency and military developments in Russia and China and consider the potential impact of each of these on the United States. Key Takeaways 01.30 – Jason Hartman gives some background to today’s guest, Paul Craig Roberts. 04.09 – As a worldwide population, we face so many issues – can we ever surpass all of them? 10.34 – You can’t expect to find an ‘easy way’ into real estate investing. It’s tough but the journey AND the result combined is worth it. 24.55 – Jason Hartman introduces his guest for today. 26.22 – The ruble should be strong in comparison to the dollar, and yet the ruble is risking collapse. 30.16 – The reserve currency status no longer seems as stable when we look at potential drops in use of the dollar. 37.31 – Paul Craig Roberts describes the US’s current position with regards to Russia and China. 47.30 – We’ve got a whole generation of people who now can’t afford to live on their own terms. 50.23 – The discussion moves to inflation and how it could transform the US economy. 59.30 – With so many problems, is there a solution? 1.04.12 – For more information, head to www.PaulCraigRoberts.org

"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

Introduction In today’s Creating Wealth Show, Jason Hartman takes the chance to go over one of the main themes of this year’s Meet the Masters event: Alignment and Empowerment. He brings up the issue of property managers and how getting the right agreement with your property manager can bring you the sort of empowerment you should be enjoying as an investor. Later he discusses changing technology and how that’s affecting the way we now pay for things with CEO and Founder of Heartland Payments Systems, Robert Carr. Every aspect of our world seems to be at the hands of scientists and inventors striving to change how we do things, and money and payments are just the latest point of interest. Key Takeaways 01.22 – Mortgage rates are currently historically low. Take advantage and make a new asset for yourself. 04.30 – The new Creating Wealth Show format will give you a chance to look back over Jason Hartman’s back catalog and get access to some interesting content. 08.40 – You need to find a way of empowering yourself, and alignment is the perfect way to do it. 14.20 – Income property doesn’t have an end-date. It sits there, producing wealth, for as long as you need it. 18.52 – You need to find a way of making your property manager agreement work for all parties involved. 28.06 - With the world being digitalized and modernized, it was only a matter of time before it changed the way we pay for things too. 33.05 - A truly cashless world seems a long way off, but we’re definitely on the road to it. 36.55 - Robert Carr describes the ups and downs experienced by Heartland Payment Systems. 41.36 - It’s amazing when you think how far we’ve come with technological advances, and how far we can still go. 43.00 - PayPal has always been the leading company in this market, but where does it stand now? 45.35 - It’s not just the business side; Robert Carr has made a huge difference to 250 kids’ lives through his Give Something Back Foundation. 50.57 - Find out more about Robert and his book on the blog site: www.RobertOCarr.com 51.42 - Fundamentally, if you don’t have repeat customers or recommendations, you don’t have a business. Mentioned in this episode Through The Fires: An American Business Story of Turbulence, Triumph and Giving Back by Robert Carr.

Today Jason Hartman makes a special announcement in response to the overwhelming feedback about moving to a two show per week schedule. Thanks to you, the listener, Jason has come up with a creative way to continue to bring you great content from Creating Wealth every Monday, Wednesday, and Friday. Check out today’s message on the new “Flashback Fridays” on The Creating Wealth Show.

Today’s Creating Wealth Show features Jason Hartman himself in an extended intro portion. Here, he talks about his personal tax and rental experience in the Socialist Republic of California, he gives an update on the latest developments in bitcoin, and he also discusses some of his earlier market predictions and how they’ve progressed. Key Takeaways 01.35 – Even when you think you have everything sussed, something can come along and surprise you! 05.06 – Being a homeowner is great, but renting gives you such flexibility. 09.17 – Whether you were a believer or not, bitcoin seems to be sinking fast. 12.54 – Rent to value ratio should always be on your mind when dealing with income property. 18.07 – Houston, North Dakota; a market may look great, but who knows what the future may hold? 22.54 – Jason Hartman compares stock market investments to those in real estate markets. 27.26 – From next week onwards, the Creating Wealth Show will be reduced to two episodes per week.

Today on the Creating Wealth show, Jason returns from the Meet the Masters event and tells his listeners that he still believes that investing within the United States is your best option as oppose to internationally. He also introduces his guest Dr. Ben Carson on the show where they talk about the medical system, debt, big government, and Ben's latest book entitled One Nation. Key Takeaways: 2:00 – Should you invest internationally or nationally? 7:10 - Arthur C Clarke once said, “The only thing we can be sure about the future is that it'll be absolutely fantastic.” 9:45 – Touches a little bit on the Meet the Masters event. 12:45 – We have so many bad examples of what big government is, yet history keeps repeating itself. 15:00 – Dr. Ben Carson talks about alternatives that would make the medical system better. 18:00 – Ben talks about what his latest book, One Nation, is about. 22:10 – Detroit is the poster child for big government disaster. 25:45 – If we just obey, then the government wins by default. 29:25 – The United States has the highest corporate tax rate in the world, which is why businesses are taking their locations overseas instead. 33:00 – Ben talks about how you can get enough courage to take control and achieve your American dream. Mentioned In This Episode: Abundance: The Future Is Better Than You Think by Peter Diamandis http://www.jasonhartman.com/cw-267-abundance-the-future-is-better-than-you-think-with-co-author-steven-kotler/ http://realbencarson.com/

Hey, welcome to the Creating Wealth Show. This is your host, Jason Hartman, and this is just a quick announcement, not a normal episode. As you probably know, we had our big, annual Meet the Masters event this past weekend and we’re very busy with that. It’s just a wonderful event. I thank everybody so much for coming from as far away as Europe this time. In the past, we’ve had coming from parts all over the world, and it’s always very much appreciated when someone travels a long distance to come. So, Mark, thank you for coming from Europe to attend. And we had people from all over the country and it’s just a wonderful event. Everybody made such great contributions to the event so, we really appreciate that, as we will be back very soon with our regularly scheduled programming. So, we’ll talk to you in just a couple of days. Thanks for listening to the Creating Wealth Show, and in the meantime, check out our website at www.JasonHartman.com for great properties and educational products, and of course, many, many other podcast episodes. Over 460 of them! Talk to you in a couple of days!

In Jason's Creating Wealth intro he talks about how cool it would be to ride in a self-driving car to get to his Meet the Masters event in California. He also talks about oil being the next big thing in the United States and why real estate is still the best asset to obtain when the economy is experiencing inflation, deflation, or stagnation. Jason's guest today, Ashlea Ebeling, is a Forbes editor and has fantastic insight into the different tax situations happening across the United States. Ashlea talks about state, federal, and income tax on the show. She also shares insight about what you can do to reduce your state taxes, where not to die, capital gains, and more. Key Takeaways: 5:10 – Oil may be the next economic boost for the US. 9:30 – The three basic economic scenarios are inflation, deflation, and stagnation. 11:50 – The central bank is getting ready to raise their interest rates. 17:18 – High rise condos are not good from an investment point of view. 20:34 – Gen Y are coming of age to be able to rent property and combine that with student loan debt that there will be a lot more people renting homes instead of purchasing them in the next 10 years. 24:10 – Should Jason host two or three episodes a week? Let him know! 25:22 – How do we get to more than 100% in tax? Ashlea explains. 30:50 – How do you get around state taxes? There are four ways you can do this. 34:20 – New Jersey and Maryland have both state and inheritance taxes. 38:21 – Jason is not a fan of Roth IRA, but Ashlea is for it. 43:10 – Ashlea says that there are a lot of new tax law changes happening right now that people need to pay attention to. Mentioned In This Episode: http://www.forbes.com/sites/ashleaebeling/2014/09/11/where-not-to-die-in-2015/ https://twitter.com/ashleaebeling

In Jason's Creating Wealth introduction, he touches on a variety of subjects he wants his listeners to look out for. He first talks about the predictions he got right and wrong over the years and shares his thoughts on Cuba becoming more friendly. He also talks about Elon Musk's divorce and how much his ex-wife will be getting in settlement money. Today's Creating Wealth guest is Mark Meckler. He co-founded the Tea Party Patriots and is also an author. On the show, Mark talks about his organization, self-governance, and why people hate the Tea Party movement so much. Key Takeaways: 2:15 – Jason talks about the predictions he was right about. 8:10 – Jason shares his thoughts on Cuba. 11:00 – Elon Musk is getting divorced..again. 17:30 – Jason warns you against con-artists and their tricks. 20:00 – Jason cautions against buying in Texas and North Dakota. 22:35 – The latest in self-driving technology might make other locations a lot more appealing. 24:30 – Jason introduces Mark Meckler. 26:30 – The Tea Party founded was in 2009. 28:45 – Why is the Tea Party hated so much? 40:45 – What is an amendment convention? Mark explains. 45:50 – Congress passes board enabling acts and the regulators actually do the legislating. Mark and others are working towards stopping this. 49:40 – Elections are not enough, but with that said, we still need to vote. 52:05 – Would Texas become the Hong Kong of the United States? 55:00 – Remember, the larger the government, the smaller the citizen.

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.

In the first Creating Wealth Show of 2015, Jason Hartman details some of the most important things you should consider when forming your new year’s resolutions, including making your assets work for you and using every asset you have available to you. Today’s guest is author and National Geographic’s Crowd Control presenter, Daniel Pink, who discusses a number of the problems featured in the TV show, as well as some of the research that went into his own books. His expertise in behaviour and motivation really comes through and makes for a fascinating show for anyone looking to make a change in their lives. Key Takeaways 02.24 – Make your new year’s resolutions really count towards improving your personal and professional life. 06.16 – Check your assets. You need to know which ones are working for you and which are not. 10.33 – Everyone underestimates the importance of credit. Don’t make this mistake. 16.19 – It’s remarkable just how many seemingly unnecessary laws are introduced every year. 25.25 – So many day-to-day problems that we face have a simple solution. Daniel Pink finds that solution. 29.59 – Once you know the science behind how people think, you just have to apply it. 33.00 – There are so many psychological and physiological factors that impact on our thoughts and actions. 37.29 – To Sell is Human focuses on the fundamentally human nature of selling. 42.33 – For the first time in human history, we have to think about our future selves and align them with the present. 48.50 – Daniel Pink takes us through some of the ways you can use subtle motivation in the workplace. 52.19 – For more information, head to www.DanPink.com, follow at @DanielPink and watch the show Crowd Control on Mondays on the National Geographic Channel. Mentioned in this episode A Whole New Mind by Daniel Pink Drive by Daniel Pink To Sell is Human by Daniel Pink Three Felonies a Day by Harvey Silverglate Free by Chris Anderson Crowd Control – TV program, National Geographic Channel

Jason still has remaining tickets to the Meet the Masters event. Remember, this will be the sweet 16 Meet the Masters event and there will be a lot of insightful experts at the conference. Do not miss out! In Jason's Creating Wealth intro, he talks a little bit about the book The Future of the Mind by Michio Kaku and what he has learned from it. Today's guest is a case study of one of Jason's clients, Fernando. Fernando talks about his success in real estate as well as shares to the audience a bit about his background and where he came from. Key Takeaways: 4:10 – Jason talks about the Meet the Masters event and the people who will be coming to the event. 8:00 – Jason shares what he learned from The Future of The Mind book written by Michio Kaku. 11:00 – Jason welcomes Fernando. 14:00 – Fernando talks a little bit about his life growing up in Brazil. 17:35 – Due to the horrible inflation that happened in Brazil during Fernando's youth, he saw a lot of people lose their life savings over night. 20:10 – What got Fernando interested in real estate? He explains in this segment. 31:30 – Fernando bought his first property in Florida. 41:20 – Jason asks about some of Fernando's challenges during all of this. 51:45 – Fernando talks about appreciation and tax benefits. 56:30 – Jason and Fernando wrap up the call and end with some final closing thoughts about leverage and debt. Mentioned In This Episode: The Future of the Mind by Michio Kaku

Jason Hartman shares an important lesson he learned from Richard Nixon and talks a little bit more about the Meet the Masters event and why you must be there. David Porter is the guest for today's show. He has been on the show before many years ago and he updates the audience about some of the big successes he's had with Jason's company. Jason and David also talk about the economy, borrowing money, cool technologies, and more on today's Creating Wealth show. Key Takeaways: 1:30 – Jason did go to the time share presentation and it's still a bad idea to invest in one. 8:10 – Jason talks about Richard Nixon and Richard's trip to the grand canyon 14:10 – Experiencing hardship is often a good thing. 17:00 – Don't miss the Meet the Masters event! 21:25 – David Porter comes on the show for the second time. 26:50 – David talks about his first experience buying a home when he first met with Jason. 30:40 – Despite the financial market crashing, David still felt like real estate was the best way to invest his money. 36:10 – David took his ability to borrow and invested it in a conservative way. 44:10 – With David's extensive shipping background, he tells Jason he's seen a huge increase in retail shipping. 50:10 – Despite the huge debt the US has, they are still very hard to compete against in the global consumer market. 54:30 – There's so much cool technologies out there right now. It's a great time to be alive. 61:00 – Jason and David go back to talking about real estate and David shares more specific numbers on how he is doing. 65:20 – David talks about his own experiences being a property manager. 72:20 – Hiring great property managers will keep your sanity in check.

Jason Hartman is extremely excited about the upcoming Meet the Masters event and hopes you'll be able to join him this year. In his Creating Wealth intro, he talks about Houston, oil prices, the negatives of investing in North Dakota, and looking out for the crooks that just want to steal your money. Our Creating Wealth guest today is Mitchell Zuckoff. He is the author of 7 books and a professor at the Boston University. He was also a reporter for 20 years and is originally a New York native. He talks to Jason about the Ponzi scheme, how to spot a bad deal, Bernie Madoff, and more in today's episode. Key Takeaways: 3:10 – There's a lot of scams out there, don't invest in someone who's a crook, an idiot, or untrustworthy. 6:25 – Jason learned that a diamond can slow down the speed of light. 10:25 – Jason is excited for the Meet the Masters conference. This upcoming one would be the 16th Meet the Masters event. 12:10 – Oil prices are down and experts will be talking about that at the Meet the Masters conference. 16:00 – Jason feels that North Dakota is not a stable economy for real estate investing just yet. 18:10 – Mitchell talks about the book he wrote about Charles Ponzi. 25:10 – How did Charles Ponzi start the Ponzi scheme? Mitchell explains. 29:20 – Based on Charles Ponzi's actions, he didn't consider himself a con man. 32:10 - Ponzi's business, or scheme, grew from word of mouth. 35:50 – If a deal sounds too good to be true, be sure to do a background check before you invest any money. 39:10 – Do people really fall for those Nigerian email scams? Mitchell says yes. 42:15 – The schemers are always trying to stay one step ahead. Mentioned In This Episode: http://www.mitchellzuckoff.com

Jason wishes everybody a merry Christmas, talks a little bit about the meet the masters conference as well as gives a quick lists of the next guests that will appear on the Creating Wealth show. The guest on the Creating Wealth show today is Erik Gantz. Erik came highly recommended to Jason through a business associate and Jason also loved one of Erik's presentations because it was down to earth and not full of marketing hype. Erik talks to Jason about how you can get a good business credit score, how his company works, and some tips and tricks for things to avoid and watch out for.Key Takeaways:2:10 – You may meet Erik at the Meet The Masters conference. 7:50 – Jason lists a couple of upcoming shows his audience can expect.11:50 – Erik uses both personal and business credit to help kick start a company 15:54 – People with good credit average about $100k to $180k in investment money. 22:20 – Erik talks about the steps you need to go through to get a great credit score. 28:40 – So many things can go wrong, so it's important to work with a company that has extensive experience in this area.31:30 – Erik works with a flat fee, so clients don't have to worry about unexpected charges later on. 37:45 – There are a lot of outside factors that can influence your score. Erik breaks this down further and explains what it all means in this segment.

Today’s Creating Wealth Show is here to give you another taste of what to expect from the upcoming Meet the Masters event in January 2015. Speaking with Jason Hartman is renowned CPA Diane Kennedy, who is full of ideas and advice on topics ranging from international investing and its tax benefits, the ins and outs of LLCs and what your self-managing options are for your real estate investments, to name just a few issues covered. Key Takeaways 07.25 – When you get involved in the issues that Diane Kennedy does, you know all about taxes and the IRS 08.30 – On a more international note, Puerto Rico is a destination that seems to offer everything to some people, and nothing to others. 09.53 – An LLC is a great and conventional way of protecting your assets. Trust it. 16.44 – It’s not to say that using entities are never good. If using them, know which jurisdiction is best. 22.27 – The Tax Extender Bill was written for those dealing with short sales or foreclosures. 26.20 – Everyone complains about the US and its laws and regulations, but we should look at ourselves compared to other countries and consider what we have. 28.03 – Diane Kennedy gives her views about real estate, the Holy Grail of tax benefits. 29.56 – You can’t just get away with calling yourself a real estate professional. There are certain hoops to jump through. 34.33 – For more information, head to www.USTaxAid.com Mentioned in this episode The Off-Shore Tax Guide by Diane Kennedy

Land contracts are something that a lot of investors have heard of, but maybe don’t fully understand. Jason Hartman invites Meet the Masters speaker, Justin, 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 – Justin 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

In a break from the traditional format of the Creating Wealth Show, today features the audio version of Ray Dalio’s educational and informative video How the Economic Machine Works. Dalio discusses a range of topics in-depth to provide a full overview of how the economic machine functions – just a few examples are the inflation/deflation model, de-leveraging and the difference between credit and actual money. Key Takeaways 01.24 – The premise for today’s show is to gain an insightful overview of economics, thanks to Ray Dalio. 08.45 – The amount of free, available education options really question why students pay so much for a College degree. 11.27 – Transactions are the lynchpin – they create the three forces which ultimately drive the economy. 14.37 – The main difference between borrowers and lenders is that the former want to buy something they can’t afford, while the latter want to make money into more money. 21.13 – Credit doesn’t necessarily have to be a bad thing; when the purchases can be used to create income it can be a positive, growth-creating technique. 22.53 – Ray Dalio takes us through his interpretation of the inflation/deflation cycles. 26.35 – Debt repayments and changing credit-worthiness are issues which have an effect worldwide. 32.07 – Because you can’t always guarantee that a borrower won’t default on their loan, so debt-restructuring is sometimes a necessary step. 38.00 – Printing money can have a positive effect on the economy, but it has to be done very specifically. Mentioned in this episode How the Economic Machine Works by Ray Dalio

To introduce today’s Creating Wealth Show, Jason Hartman invites Darlene to give a taste of her and her husband’s Roth IRA strategies, of which she will discuss more when she joins the speaker list at January’s Meet the Masters event. She also talks about the positive impact that various masterminding events have had on her personal and professional development. Later, Mark, a client and follower of the podcast joins Jason to talk about a wide-ranging series of topics. Living in Switzerland, Mark provides an international look at some changes in the world’s real estate markets, but they also consider deflation and inflation issues as well as how the mainstream media is largely in bed with the government, regardless of which country you’re talking about.

Jason Hartman introduces today’s Creating Wealth Show with a discussion about the benefits of being able to travel comfortably, the importance of getting what you want from a conference or event and he poses the huge question: Are we gearing up for another housing crash? With a very clear focus on Wall Street for today’s interview, Jason Hartman invites Mark Faulk, writer and co-producer of The Wall Street Conspiracy to talk about the state of America today, Goldman Sachs’ growing and frankly, scary, influence and the future implications of a police force as militarized as the US’s currently is. Key Takeaways 03.16 – Earning enough money to travel well and comfortably is as good a priority as any. 06.47 – With speakers confirming and plans taking form, the upcoming Meet the Masters looks to be the best yet. 08.27 – Jason Hartman asks one of the most important questions for real estate investors. 16.32 – If you’re interested in the future of technology, keep an eye out for an upcoming podcast on the future and impact of these new technologies being developed. 21.18 – The conspiracy starts just with the pretence of being stunned at the 2008 collapse. 26.55 – The plot thickens when companies such as Goldman Sachs get involved internationally. 31.18 – The Wall Street Conspiracy (film) addresses the ways in which this betting tradition is changing. 34.52 – Contacts, connections and corruption mean that this sort of thing goes on worldwide. 38.40 – Public opinion is important here. The demand of the people will create the change. 43.53 – If the police departments and the Government are preparing themselves, we have to be realistic about what could occur. 47.19 – For more information about the film, head to www.TheWallStreetConspiracy.com Mentioned in this episode The Wall Street Conspiracy a film by Mark Faulk The Second Machine Age by Erik Brynjolfsson and Andrew McAfee The Naked Truth by Mark Faulk

For the introduction of today’s Creating Wealth Show, Jason Hartman brings on investment counselor, Sarah, to discuss the impact of masterminding events, tactically managing who you surround yourself with and how the real estate investment marketing is maturing. Today’s guest is Jane Sotkin of Property Place, who provides her wisdom and insight into the tricky topic of emotions. She brings up the interesting idea that emotions are habits formed in childhood, but which if not kept in check, can seriously affect the way your brain works as an adult. Key Takeaways 01.25 – The attitude you display has such a vital impact on your success, it’s incredible. 04.46 – The real estate industry is changing, and with every new technology, it matures faster. 13.46 – Supercharge your investing strategies by surrounding yourself with other successful investors who can push you to work even harder. 19.23 – Joan Sotkin describes how her background led her to her current field of work. 23.17 – Such fundamental things as birth-order and number of siblings can have a huge impact on your psychology as an adult. 28.00 – It doesn’t matter how you process these emotions, but it is vital that you find a way that works for you. 35.40 – We think our lives are set in stone but they’re not. They’re always flexible and changeable. 40.59 – A big part of success is about sticking to what you believe and paying little attention to how others judge you. 42.55 – Find out more about Joan Sotkin and get access to some great resources at www.PropertyPlace.com Mentioned in this episode Build Your Money Muscles by Joan Sotkin www.PropertyPlace.com

Jason Hartman brings in a real estate focus to the introduction of today’s Creating Wealth Show by explaining exactly how you can work out your rent-to-value ratio. As this is one of the most important figures a real estate investor need to keep in mind, there’s no excuse for deceiving yourself. Later, he invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position. Key Takeaways 03.14 – In some markets, you can’t control the rent-to-value ratio, but you really want to aim for 1% per month or above. 10.35 – Seemingly, the bigger you get, the more you can get away with. 14.18 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped. 18.12 – A look at the options of how we can possibly dislodge the power of big business and government. 19.19 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy. 21.50 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you. 23.34 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us? 25.15 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer. 27.44 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see. 30.02 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org Mentioned in this episode The Big Rip-Off by Tim Carney Obamanomics by Tim Carney www.AEI.org www.WashingtonExaminer.com

Inspired by an article from Business Insider, Jason Hartman invites Dan Egan of Betterment onto the show to expand upon the idea of market timing. While much of the focus is on Wall Street and how market timing works in the stock market, a lot of these ideas can be applied to real estate investing. They also discuss topics such as long- and short-term capital gain, high-frequency trading and how happy we are with our own achievements in absolute terms. Key Takeaways 01.17 – Is successful market timing just an unachievable myth? 05.04 – Market trends can come in any form – currently we’re seeing a shift to the South by retiring baby boomers searching for warmer climes. 08.54 – We think about the social and political issues in China, but what about the real estate conditions? 17.15 – Stock trading investments are all about assessing long and short-term achievements. Remember that the government views capital gain in terms of short or long-term. 17.58 – Dan Egan describes the ‘bid ask spread’, an economic term for the costs you never see a bill for. 21.20 – High-frequency trading might not be everything it’s cracked up to be. You have to compare the situations of the big traders with average Joe’s actions. 27.00 – Personal satisfaction is hugely important, but it’s always competing with our comparisons to the people around us. 29.15 – For more information about Dan Egan and his company, head to www.Betterment.com Mentioned in this episode www.Betterment.com Flash Boys by Michael Lewis

In today's Creating Wealth Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America's future could look. Robinson also gives his opinion on the impact of America's international relations, as well as posing the interesting notion that we can see the path of America's future by looking at the past of the rest of the world. Key Takeaways 03.50 – Negotiating certain aspects of the deal with your property manager is always worth a try. 10.00 – Jason reads through some of the latest listener reviews from iTunes. Is yours there? 22.40 – Jerry Robinson's Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen. 25.00 – In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914. 33.47 – No-one does anything for nothing. A closer look at the incentives can provide a lot of insight. 38.00 – The psychological impact of the economy is already taking an effect. People now expect prices and values to go up, and are surprised if they don't. 46.06 – Maybe we need to reassess our definition of evil to better match today's global situation. 50.15 – If the relationship between the US and Saudi Arabia changes, it could change the entire balance of power in the Middle East. 52.04 – Exports are always going to be vital, and we need to consider the impact if the US becomes energy-independent. 1.00.34 – International threats, and especially those involving cyber-attacks, must be taken seriously. Even if you're living in a city, know the precautions you can take. 01.04.00 – Find out about Jerry Robinson's Five Levels of Financial Freedom at www.FTMDaily.com/fivelevels. 01.10.08 – With mortgage debt, as an investor you don't even need to pay this off yourself – your tenants pay it off for you. Mentioned in this episode www.zillow.com Bankruptcy of our Nation by Jerry Robinson

Jason Hartman’s introduction for today’s Creating Wealth Show focuses around the notion of being an empowered investor. This is the main theme for the 2015 Meet the Masters Event, but is also a vital concept to keep in mind for all of your investment strategies. Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side. Key Takeaways 02.27 – How do you become an empowered investor? Find out here and at the Meet the Masters event. 08.27 – The concept of win-win isn’t enough. At least 3 levels means that everyone’s interests are aligned. 16.42 – Jason Hartman asks his influential Aunt Joan about the beginning of her successful lifetime of real estate investing. 22.17 – Low-priced markets might look like the easy way in, but issues could mean big problems later. 29.36 – The Cyber Monday sale at www.JasonHartman.com is now on, with discounts of up to 40%. 36.39 – The information offered by Aunt Joan is available at www.SacRentals.com 42.40 – Be aware, both as an owner and a tenant, about who is paying the city utilities. Owners, flaky tenants could mean this is your responsibility. 45.45 – With tenant selection being so vital to success, you really need to master this in the early stages. 51.02 – One of the reasons that real estate retains such popularity is because it’s such a tangible thing.

Today’s Creating Wealth Show takes a step away from real estate investment and instead, looks at one of the most successful entrepreneurial stories of recent decades. Jason Hartman invites Brian Smith, the founder and the brains behind UGG Boots to talk about the brand’s unassuming roots, the difficulties of the early years and the steps associated to selling a brand such as UGG. They also discuss many of the points raised in Brian’s upcoming book The Birth of a Brand, which applies an interesting new metaphor to the concept of brand identification and development. Key Takeaways 01.29 – Rather than Black Friday, we’re celebrating with Cyber Monday deals, so be sure to check those out at www.JasonHartman.com any day now. 06.20 – The founder of UGG Boots, Brian Smith, describes the brand’s humble beginnings. 10.45 – Experience can sometimes hold you back more than help you out – if you knew all of the obstacles in your way, would you ever start anything? 15.22 – Every image you give out to your target market sends out a message about your brand. Make sure it’s the right message. 19.26 – Understanding business means understanding that you can’t give birth to adults. 28.34 – You need to be able to answer 4 main questions for an investor to even consider taking you seriously. 31.15 – Never underestimate the power of product placement – it worked wonders for UGG Boots. 34.41 – In business, you have to understand which aspects you’re good at and enjoy, and which you don’t. 37.38 – For more information about Brian Smith, head to www.BrianSmithSpeaker.com Mentioned in this episode The Birth of a Brand: Launching Your Entrepreneurial Passion and Soul by Brian Smith