Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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May 31, 2021 • 33min

1693: Remembering & Honoring American Sacrifice on Memorial Day

After touching on a young listener's incredible journey and exploring what's happening in the import/export business with China, Jason Hartman explores Memorial Day. So many have given their lives because of their belief in our country. There's a good reason for it, and Jason dives into why it's a country worth the sacrifice they've given. From the time of our founding until today, our country has been a force for good. While we mourn those who have passed, we celebrate their lives and honor their sacrifice. Key Takeaways: [3:18] This 16 year old has been working up to 3 jobs, getting As, playing 2 sports, and has saved around $20,000!This 16 year old has been working up to 3 jobs, getting A's, playing 2 sports, and has saved around $20,000! [6:58] Voxer messages with listener Carmen's comments on inflation and trade imbalance [11:15] What being in forbearance actually did for people [16:46] Thank you to those who have given their lives for our country [20:27] A piece from Ronald Reagan's 1982 Christmas address [25:00] America's charter documents are the only founding documents with the word Happiness in it Website: www.JasonHartman.com
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May 28, 2021 • 46min

1692 FBF: The Breaking Point: Profit From The Coming Money Cataclysm with James Dale Davidson

Today's Flash Back Friday comes from Episode 755, originally published in November 2016. Jason's guest James Dale Davidson is the co-founder of Agora Publishing, the Founder of the National Taxpayer's Union, co-editor of Strategic Investment for the Sovereign Society and founder of Newsmax. He is the Author of the best selling books Blood in the Streets: Investment Profits in a World Gone Mad, The Sovereign Individual: Mastering the Transition to the Information Age, The Great Reckoning: Protecting Yourself in the Coming Depression and his new release, The Breaking Point: Profit from the Coming Money Cataclysm. Mr. Davidson foretells of an impending, marketplace disaster which will happen in this lifetime. He credits the Obamacare, Chinese ghost cities and fictitious capital. He shares this information because he believes it is important for people to understand what will happen so they can create a new life in a new environment. Key Takeaways: [1:50] James Dale Davidson believes the current business model and social contract which supported it is kaput in the Western Civilization. [6:27] Trump may have been voted in because of the life expectancy of middle-class white voters has dropped. [9:43] What's next for the economy under a Trump presidency? [10:57] The Breaking Point looks at the symbiotic relationship between the drug companies and the food industry. [14:49] The US needs someone with business savvy to improve the quality of decisions made in politics. [18:30] Bernie Sanders reminds James Dale Davidson of Karl Marx. [20:32] When fictitious capital is created it goes to people with collateral. These people can borrow money for almost nothing. [27:56] Jason asks "Why not just kick the can down the road forever?" Mr. Davidson tells us why it's not a good idea. [31:52] The Chinese have used more cement from 2011-2013 on ghost cities than the US spent on cement in the entire 20th century. [37:57] Most of the copper used by the Chinese came from Chile. [41:18] The probability of a very severe crack-up, the biggest in history, will be coming in our lifetime. Mentioned in This Episode: www.JasonHartman.com/Properties The Breaking Point: Profit from the Coming Money Cataclysm Strategic Investment Newsletter
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May 27, 2021 • 49min

1691: Shadow Demand, FICO Scores for Loans, New Florida Law Protecting Citizens

The current lending requirements are squeezing a lot of potential home buyers out of the picture, causing a new version of shadow demand. And that's not the only thing creating shadow demand. Jason Hartman takes some time and delves into what is causing EXTRA pressure on housing demand and prices that could add even more fuel to the housing market. Then Jason explores a new Florida law that finally, FINALLY takes aim at the big tech companies that have way too much control in today's society. Key Takeaways: [1:02] Millions of home buyers are stuck, and not for the usual reason [5:03] The current environment is telling you it's time to double down on your investments [10:50] Uncertain borrow income means risk for lenders and investors [13:51] Some lenders are requiring 780 FICO scores, squeezing out minorities [18:11] Some Florida news Jason is VERY excited about [24:21] Facebook annual revenue is bigger than the GDP of over 150 countries [44:34] Section 230 gave internet companies too much freedom Website: www.JasonHartman.com/Properties www.JasonHartman.com/Ask
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May 24, 2021 • 39min

1690: Upward Pressure on Rents, Generational Inflation & Wired for Story with Lisa Cron

Today's environment is as inflationary as anything we've seen since 1996. The pressures that are being put on prices is astronomical, and it's showing itself more and more every day. Investment property rent is one of the things that we like seeing increase during this time. Then, for the 10th episode, Jason Hartman talks with Lisa Cron, author of the new book Story or Die, about how we really make decisions, why humans are so impacted by stories, and how to identify the parts of your story that can impact those you're trying to reach. Key Takeaways: [4:37] The core CPI has its largest year over year increase since 1996 [8:30] In this environment, do NOT be afraid to raise your rent or replace your tenant Lisa Cron Interview: [13:23] We are wired for stories. Stories sway us more than facts [16:32] We like to think that we make decisions logically and objectively, but it's just not true [20:47] Our brain's great leap forward came when nature realized if we were going to thrive on this planet we needed to work together [25:59] How to identify your target group's points of resistance [30:03] Telling a person a truth they don't already believe will just make them angry. You have to guide them to discover the truth themselves Website: www.WiredForStory.com www.EmpoweredREI.com www.JasonHartman.com/Properties
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May 21, 2021 • 56min

1689 FBF: Self-Directed IRAs, Foreclosure Rates & Pit-Falls of Real Estate Investing with Bryan Ellis

Today's Flash Back Friday comes from Episode 421, originally published in October 2014. Investing guru, Bryan Ellis, editor of Bryan Ellis Investing Letter, joins Jason Hartman on today's Creating Wealth Show to discuss some of the common pit-falls of investing, as well as to give some indication of the potential foreclosure rate. They consider the state of today's smoke and mirrors economy and its impact on future investing and finances. Key Takeaways: 04.35 – The economy's strength situation now seems to be a lot more regional than it was around 2007-2008. 05.30 – RealtyTrac's announcement about foreclosures shows us that we can't build a future without finishing what we started in the past. 06.15 – People's three fundamental needs are the same as they've always been: food, clothing and shelter. 13.30 – We need the world to realize that the economy we're running off is just smoke and mirrors. 17.30 – When the changes start to take place, huge inflation could be a very real possibility. 19.00 – Investment doesn't have to be in stocks; it can be in real estate, or even just in commodities such as copper, steel, labour etc. 21.30 – Think of a deal from the most conservative standpoint you can, and ask yourself if it makes sense. 23.20 – A lot of people still haven't realized that intellectual property could be the answer to successful investing. 25.00 – Many companies have a lot of intellectual property that they don't even classify as such. 26.50 – The entire structure of this intellectual property set-up focuses on the presence of a third party. 29.30 – Ultimately, the fact still remains that the fundamentals are what matter. Website: www.BryanEllis.com www.JasonHartman.com/Properties
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May 19, 2021 • 22min

1688: Client Case Study: Finally Getting Started! with Brittney

Just because you work for Jason Hartman doesn't mean you're automatically investing in real estate. Today's client case study is Brittney, who you've heard on the show before. This time, however, after 13 years of working for Jason, she's coming on as a client. Listen to Brittney's story about why she bought, where she bought, and the fantastic news that came before her first tenant even set foot in the house. Key Takeaways: [3:40] Brittney closed on her first property recently and had some fantastic news right off the bat [6:30] The pressure on rents is massive and you need to be upping yours [10:29] Jason sold one of his properties, only to see the new owner rent it out for $200/month higher [11:28] Brittney's first thoughts when she entered the real estate world [15:36] Home owners can borrow $1.5 million and only pay $750,000 in interest over 30 years! [18:35] As you go through time, continue to renegotiate your real estate deal Website: www.JasonHartman.com/Properties
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May 17, 2021 • 28min

1687: Looming Building Crisis & Surging Inflation on the Supply Side

We have gone from an Everything Bubble to an Everything Shortage. The problem this time around is, there's nothing our central bank can do to handle a supply shortage causing prices to rise. Jason Hartman examines the issues currently facing the housing market, and how it's going to impact it not just today, but in the months and years to come. How are you going to protect yourself from the coming inflation and looming shortages? Key Takeaways: [2:17] Self-liquidating debt is a beautiful thing that we can use in income property [6:23] Even concrete is in demand because of a short supply of SAND [11:14] The "just in time delivery" can't withstand any disruptions [15:51] Technology creates the ability for a level of control over us that's never been seen before [17:48] Surging inflation is hitting the US now [22:37] The Federal Reserve doesn't have the monetary toolkit to deal with supply side inflation Website: www.JasonHartman.com/Properties www.PandemicInvesting.com
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May 14, 2021 • 30min

1686 FBF: Evaluating Cash Flow Rental Properties in Birmingham Alabama, Cleveland, Ohio & Dallas, Texas with Jason's Mom

Today's Flash Back Friday is from Episode 389, originally published in July 2014. Jason Hartman and his mom discuss their long road trip through several markets including Cleveland, Cincinnati, Columbus, Nashville, Birmingham and Dallas. You'll learn about the "minimalist management" philosophy in creating bulletproof rental properties that require very little maintenance and a good overview of several markets. Key Takeaways: (1:40) Brief update about Jason's Mom's post-surgery health & the Cleveland Clinic (5:54) How to handle late rent for long distance self-managed properties (11:55) How to handle long-distance evictions without a property manager using an eviction service (14:49) A special message from Bill Clinton (18:28) Pleasantly surprised by downtown Cleveland (21:23) Moving on to Birmingham and minimalist management styles (26:44) Coming up in mid-late September: Little Rock Creating Wealth Seminar and Property Tour Website: www.JasonHartman.com/Properties
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May 12, 2021 • 40min

1685: Inflation Nation! It's Getting Ugly! & May Mortgage Rate Update

Jason Hartman takes today's episode to explore what is goign on in our country in regards to inflation. We're being told it's fairly mild, but if you look around you'll see that we're clearly not being told the whole truth. EVERYTHING is increasing in cost. Then Investment Counselor Adam talks with one of the network's lenders about what rates are available for investors, what's been driving the slowly rising rates, whether it's worth it to pay points on your loan, and more. Key Takeaways: [1:37] The rich have gotten 54% richer during Covid [5:38] Always align your interests with governments and central banks [9:18] The supply/demand shock is gone with lumber. Now it's just demand [12:37] The inflation rate is higher than we're being told [16:20] We're also seeing inflation in terms of the level of service we receive Mortgage Update: [20:28] Rates are higher than they were 4 months ago, but where are they historically? [25:52] What will happen to rates if the 7% limit is removed? [27:41] Today's mortgage rates for a 200,000 property [30:24] What breakeven is considered good for paying points on your loan? [32:43] Does it make sense to put 15% down? Website: www.JasonHartman.com/Properties www.PandemicInvesting.com
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May 10, 2021 • 48min

1684: Added Expenses of Home Building Regulations & the State of the Short-Term Rental Market with Jasper Ribbers

Do you know how much of the sales price of your new home is tied to regulatory burdens? Hint, it's a LOT more than you probably believe. Jason Hartman discusses why it's critical to the health of our housing market to get that under control. Especially in the environment we find ourselves in today. Then, Jason joins Jasper Ribbers on Get Paid For Your Pad. The two discuss how we experienced an unprecedented drop in GDP in 2020 and record unemployment numbers. And yet, the real estate and stock markets seem to be doing fine. So, how do we make sense of this discrepancy? What is the economic outlook for 2021 and beyond? And is now a good time to invest in short-term rental properties? Key Takeaways: [2:12] It's time to reduce the regulatory burdens on home builders [6:40] Regulations cost $93,870 per new home [9:37] Lumber has added $34,000 to the price of new homes Jasper Ribbers Interview: [15:12] How do we make sense of the disparity between what we saw in GDP and what we see in the housing market? [19:42] If you don't own hard assets in this environment you're getting left behind [25:11] The real beauty is paying back our mortgage with cheaper dollars [33:22] A 30 year mortgage is an incredible asset [39:33] How will unemployment numbers impact the housing market? Website: www.GetPaidForYourPad.com www.EmpoweredREI.com www.JasonHartman.com

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