Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Aug 14, 2015 • 43min

CW 555 FBF - Land Contracts For Real Estate Investors with Jason Hartman

Land contracts are something that a lot of investors have heard of, but maybe don’t fully understand. Jason Hartman invites a Meet the Masters speaker, to join him on the Creating Wealth Show to discuss what land contracts are, how they differ from traditional landlord operating processes and even goes in to what to do if it all goes wrong. He’ll be speaking more in-depth at the Meet the Masters event in January, but here’s a taste of what you can expect. Key Takeaways 06.10 – Guest provides his personal experience and how he started to get involved with land contracts. 09.50 – Land contracts are there to help out those who can’t buy through conventional financing processes. 14.25 – Because of the distinction between owner and deed holder, tenants with land contracts usually have a different mindset which is far more preferable for landlords. 18.25 – Negotiations are currently happening in an attempt to get around an 85% discount on land contracts. 22.05 – There’s always a risk. Here it is: ‘What if the person doesn’t pay?’ 27.18 – If getting into this side of investment, it’s vital to know your legal rights and know how to work with the attorneys. 34.26 – Don’t get lulled into a sense of security of thinking it’s risk-free, but there are certain options with fewer risks and more chance of success. 37.00 – Know your land contract buyer and their background before agreeing anything. 38.58 – If you haven’t yet registered for Meet the Masters, time and capacity limits are now running short so be sure to take advantage of a great opportunity and register at www.JasonHartman.com
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Aug 13, 2015 • 45min

CW 554 - As Oil Price Drops Fracking Folds, Capitalism or Cronyism with 2016 Presidential Candidate Mark Everson

2016 presidential candidate Mark Everson has qualifications in both private and government sectors. He believes the U.S. needs a leader with experience in both. His policies, he believes, closely match the desires of the American public and he promises to uphold the constitution and restore the pride we once had for our nation. He is asking listeners to engage with him on his website. Early on, Jason and Naresh discuss markets affected by fracking and why rental properties may not be a good idea right now. JHU Live is now at early bird level #2 now so get your spot reserved today and will you join Jason in Dubai? Key Takeaways: Jason’s Editorial: [2:45] Naresh reflects on Porter Stansberry’s podcast [5:40] Baltimore is a dilapidated city with high crime [8:41] Give us your feedback on our new search engine at Jasonhartman.com [10:30] Pittsburgh and Buffalo just don’t have many good real estate investment options [11:20] Utopia in the shale oil boom areas and Obama’s 3rd term [13:42] Newport Rhode Island is our next Venture Alliance trip [15:21] We will hold on to our properties in Houston but may not buy anything else [16:10] Shale oil (fracking) exploration is expensive [17:55] A qualified candidate that hasn’t been invited to the debates [18:50] Debates are a scam and money corrupts elections [22:14] JHU Live event in early bird level #2 - 30% off for an iTunes review [22:47] The Venture Alliance trip in September Mark Everson Interview: [23:36] I’m running because the U.S. needs a leader who knows government and private sector [24:38] Mark’s positions on key issue’s at markforamerica.com [27:30] Our shared destiny - sacrificing for the nation and assimilation [29:38] Donald Trump may be sabotaging the republican party [31:27] Does the U.S. have dynasty type families made for politics [32:40] Executing laws as written not as we want them to be [34:01] Wall Street is the modern version of organized crime [34:41] Executive branch overreach [36:05] Running for a single term is best for the country [36:56] Thoughts on Obamacare and defining full time work [39:25] Would line item veto hold the president responsible to the people [41:08] Being excluded from the debates Mentions: Jasonhartman.com Alliant Group MarkforAmerica.com
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Aug 11, 2015 • 37min

CW 553 - Buying Multiple Properties at Once, Affordable Chicago Living with Jeff Morris

Jeff, an existing client, is researching buying multiple properties at once in the Chicago area. After much debate about the advantages and disadvantages Jason gives a thumbs up in support of the venture. Because it’s true that buying multiple properties at once will save investors time and paperwork. Affordable maintenance costs, low vacancy rates and cost of living make Chicago the least expensive world class city in the U.S. And don’t miss next Wednesday when Jason interviews another presidential candidate and tells you more about JHU Live, a real estate investment workshop in sunny San Diego, California. Key Takeaways: [1:40] Look forward to Wednesday for an interview with a presidential candidate [2:46] The next Venture Alliance trip will be in Newport Rhode Island & Martha’s Vineyard [5:53] JHU - Live in San Diego - Meet the Masters [7:28] Land Contract experts will be at Jason Hartman University Live [8:42] Write a review on iTunes and send a copy to reviews@jasonhartman.com and get 30% off Jeff Morris interview: [10:02] Jeff asks Jason’s advice about investing in Chicago [11:43] Chicago is great but there are a few reasons why it’s not a slam dunk [11:58] But...the team you use is important! Pay attention to the in house services [14:21] Cash flow and rent to value ratios in Chicago [17:01] Is a low vacancy rate a sign of low rents [19:50] The psychology behind raising rents for existing tenants [21:55] Our local market specialist in this area know what they are doing [22:54] Are there advantages to buying a group of properties all at once [24:43] Chicago is the most affordable world class city in the world [25:59] Rental Properties in Little Rock and Memphis versus rental properties in Chicago [28:09] A million shades of gray in real estate investing [30:50] An extreme self management example [33:20] Chicago area is a vibrant market Mentions: JasonHartman.com reviews@jasonhartman.com
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Aug 7, 2015 • 48min

CW 552 FBF - The Housing Boom and Bust in America with Economist Thomas Sowell of The Hoover Institution at Stanford University

Orginally aired as CW 117 “For far too long, too many people have regarded home ownership as ‘a good thing.’ It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks.” This statement by Creating Wealth Show guest, American economist Thomas Sowell has been regretfully muttered by many homeowners in various forms over the past two years. Sowell is currently a senior fellow with The Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Known for his economically laissez-faire perspective style while writing, Sowell’s latest book, The Housing Boom and Bust, shows how Democrats and Republicans ruined both the housing and financial markets. Tune in as your host, Jason Hartman and Thomas Sowell discuss how “the current economic crisis grew out of policies based on good intentions and mushy thinking.” Upcoming Shows will feature: Andrew Waite, Publisher of Personal Real Estate Investor Magazine and Dan Blacharski, author of The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job.
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Aug 5, 2015 • 55min

CW 551 - Hoovers Innovation Museum, The Sale of Bookstop with Gary Hoover

Throughout history the human race has not changed much even with all the extreme technology in our lives today. There is a chance of robot labor causing mass unemployment but it’s not likely. Entrepreneurs by nature are persistent, durable and pig headed which leads to innovative and determination. For the United States to continue its great heritage we need more experimentation in education, to make use of all of North American assets and to follow the 6 key steps to building great companies a belief of Gary Hoover. Key Takeaways: Jason’s Editorial: [2:36] Memories of Monopoly, past and recent [6:56] Memories of Facebook, during the recession [8:54] Cash flow in a RV ratio [10:20] The San Diego event - JHU Live Gary Hoover interview: [11:28] The addiction of collecting memorabilia [12:50] Becoming efficient in learning is harder with digital books [14:52] The table of contents contains the key points [18:28] Thick books sell but e-books are the future [21:54] Many reference books are 300-1500 pages [23:07] The lemming effect - Ben & Jerry’s were the cool entrepreneurs [24:37] The value of The Book Stop [27:49] Startups need to look at the long term [29:10] Europe’s standard of living is much lower than the U.S. [32:34] Raising the minimum wage is cruel [34:27] You attitude makes all the difference [36:27] North American countries working together would be a powerful force [37:54] Curiosity has been driven out of kids heads in the U.S. [41:25] The first innovation museum, robotics are part of lives right now [44:17] A rise of craft manufacturing in our affluent society [45:44] Training and educating our children for the future [48:07] Economist Robert Fogel, a spiritual shortage [50:30] Contact Gary at garyhoov@msn.com Mentions: EO Conference JasonHartman.com UT School of information Hoover’s World The Fourth Great Awakening
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Aug 4, 2015 • 45min

CW 550 - Joe Vitale - Money The Law of Attraction and Action Steps - No One is Preventing You from Making Money You Simply Need to Think Like an Entrepreneur

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 reviews@jasonhartman.com 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
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Jul 31, 2015 • 57min

CW 549 FBF - Mistakes Investors Make Preventing Financial Independence

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.
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Jul 29, 2015 • 56min

CW 548 - Greg Scott Investing in Detroit - How Self Driving Cars May Change the Landscape of Real Estate in Cities Like Detroit and Make You a Nomad

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
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Jul 28, 2015 • 38min

CW 547 - Ben Mezrich - Dangerous Putin - Is Russia Living in a State of Crony Capitalism and Do Rich Russians Invest in the U.S.

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 reviews@investwithjason.com Ben Mezrich Bringing Down the House The Accidental Billionaires Once Upon A Time in Russia @benmezrich
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Jul 24, 2015 • 1h 24min

CW 546 FBF - Dubious Ethics and Deceptive Practices in the Financial Services Industry with Investor Watchdog Jack Waymire

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 Jack@InvestorWatchdog.com.

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