Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Oct 29, 2020 • 41min

1583: Self-liquidating Asset, Understanding ROI, Alabama Market, Client Case Study James Castelle

Setup Jason Hartman Minutes, Flash Briefing on Amazon Alexa. Jason Hartman discusses the consistent qualities of investment property. He reiterates the lessons known from IDEAL as well as qualifying its self-liquidating development. Jason interviews client, James Castelle. James purchased his first investment property within two years of his initial listen to the Creating Wealth Real Estate Investing podcast. James shares his story shifting from the typical stock-market investment to property investment and why he favors it. The quick lesson, inflation-induced debt destruction, is king! Key Takeaways: [3:45] Jason Hartman is on Amazon Alexa: [4:30] Alexa Flash Briefing Jason Hartman on ROI [5:00] I.D.E.A.L. [10:00] Income property is beautifully consistent. What was true 12 years ago is still true today! [12:00] Income property is self-liquidating. It pays itself off. [13:30] Not all ROI is created equally. [17:30] Jason on the tragic knife attacks in France. James Castelle 24:00 [26:00] The stock market v. real estate. [29:00] Why did you choose the Gadsden, Alabama market? [31:00] The benefits of inflation making a house payment seem cheap over time. [34:30] After your first investment property, what are your plans? Websites: JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 28, 2020 • 39min

1582: Getting America Back to Work, The Capitalist Comeback by Andrew Puzder, CEO of CKE Restaurants Hardee's & Carl's Jr

Even in the UK, investors and homeowners are looking to live away from the dense city. Jason Hartman shares a brief update on where people want to live, when they want to move, and the uncertainty of selling their home in the next three years. Jason Hartman talks with Former CEO of CKE Restaurants, Carl's Jr and Hardee's, and former nominee for Secretary of Labor under President Trump. He is also the author of Job Creation: How It Really Works and Why Government Doesn't Understand It and The Capitalist Comeback: The Trump Boom and the Left's Plot to Stop It. Andrew and Jason discuss whether the solution to the coronavirus pandemic is more significant than the problem and where the help stops helping. As well, they discuss the regulation challenges with business. Key Takeaways: [1:00] Let's talk about the country that recently gained its independence. [4:30] Our thoughts out to those affected by the California wildfires. [9:30] About a third of homeowners are considering selling in the next three years. Andrew Puzder [17:45] Is the pandemic an opportunity to "remake America?" [20:20] Is the solution bigger than the problem? [24:30] Andrew explains why he moved his company from Southern California to Tennessee. [27:30] "It was easier to build and open a new restaurant in Novosibirsk, Siberia, or Shanghai, China than it was to open a restaurant in Los Angeles. "AP [34:00] People should focus on where they want this economy to go. Websites: andy.puzder.com JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 27, 2020 • 37min

1581: The Redistribution Recession & You're Hired! Populist President by Casey Mulligan

4 in 10 Americans want to buy a house because of the pandemic. Jason Hartman talks about what corporations are relocating their headquarters to places in which you have already invested. Vote with your feet. Jason Hartman talks to Casey Mulligan, a professor of economics at the University of Chicago, former chief economist for the Council of Economic Advisers in the Trump administration. He is also the author of the best-selling book The Redistribution Recession: How Labor Market Distortions Contracted the Economy and the new book You're Hired!: Untold Successes and Failures of a Populist President. Key Takeaways: [4:00] Los Angeles is planning to close properties for the budget gap. [6:00] Gulfstream and Charles Schwab are both relocating. [9:30] Move as much as you can to places that are friendly to your environment as a landlord. Vote with your feet. Casey Mulligan [14:00] The advantage of Twitter for Presidents is that they can bypass the press and speak directly to the people. [18:45] Discussing the individual mandate. [20:45] Can we classify Trump as a conservative? [22:15] Let's discuss trade. [26:35] Regulatory budget, something most countries have not done before. [32:00] The polls aren't the same as voting. [33:00] America will never be a socialist country. Websites: http://yourehiredtrump.com/ JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 26, 2020 • 41min

1580: The Iron Triangle, Liberal Democrats Use Race to Divide America in their Quest for Power by Vince Ellison

Jason Hartman speaks on the suburban boom confirmed by globest.com. Three to five markets is the diversity that you should strive for as an investor. Vince Ellison joins Jason Hartman to discuss his book, dubbed one of the most important books since 1619. Vince shares how the democratic party has made black Americans dependent on government and discouraged them from being dependent on God. Vince further defines The Iron Triangle and its role. Vince also discusses the infiltration of communism and Marxism in the black church. Election Night LiveStream Books: The Iron Triangle: Inside the Liberal Democrat Plan to Use Race to Divide Christians and America in their Quest for Power and How We Can Defeat Them by Vince Ellison Key Takeaways: [3:20] One week until election time, keep voting the lesser of two evils. [8:45] What is going on with commercial real estate nowadays? [12:00] Don't over diversify or under diversify; 3-5 markets is a great sweet spot. [16:45] You are positioned very well for the suburban market boom! Vince Ellison [26:30] If you want to control a segment of the population, you make them dependent. [29:10] Has welfare further perpetuated some problems? [33:25] What are the three sides of The Iron Triangle? [34:00] Vince speaks on communism and Marxism, infiltrating the black church. [37:15] "How can you pull yourself up by your bootstraps when you don't have boots?" Ellison reiterates M.L.K. Jr. Websites: irontrianglebook.com PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 23, 2020 • 1h 4min

1579 FBF: Income Property Management & Tenant Self-Sufficiency with Jason's Mom + Scott Shellady SVP of Derivatives for the Trean Group

This episode of Flashback Friday was originally published: Feb 24, 2014 Returning for an encore interview in episode #363 of The Creating Wealth Show is Jason Hartman's Mom. From the friendly environs of her newly completed McMansion in lower Alabama, the talk turns to fostering an ownership mentality with tenants.Whether you self-manage or go the property management route, this is a critical concept to understand. In short, the trick is to get your tenant thinking of the property as his/her house and to take pride in ownership. In nuts and bolts terms, it's the difference between getting a call at midnight asking to have a light bulb changed or having the tenant in the mindset to do it themselves. When it comes to tenant self-sufficiency, you might find it difficult to beat one of Mom's tenants. This incredible guy has rented the same place for 25 years. Present and future landlords looking for income property investing success should take this case study to heart. He spent $1,400 to seed the lawn. $3,000 to build a brick wall on one side of the property. And when the hot water heater goes out, he's willing to install it himself. This tenant has the ownership mentality down to a science. The second half of the show features guest Scott Shellady, Senior Vice-President of Derivatives of the Trean Group. Wait! Don't click away. Too many people think they can't understand derivatives, and we're here to prove you wrong. Listen to Scott break the idea down into layman's terms. You may not want to invest in them but you need to understand what they are and how they fit into the greater financial world scheme. Mr. Shellady also devotes time talking about the reality of retirement for Generation X in today's goofy financial climate. It's too risky to divide your portfolio into an even 50% split into stocks and bonds, so what do you do? In This Episode: * Jason and Scott exchange dueling definitions of derivatives. Is it like trading insurance or "the thing about the thing?" * What are the one-percenters investing in right now? * What SWAGER means to your investment strategy * How to profit in the face of the manufactured stock rally * What's killing the financial future of the ninety-nine percenters * Why Gen Xers should figure on working longer before retirement * How to calculate a security deposit *Why being too friendly can cost you money *Even better than an extra deposit is to charge monthly pet rent *And much more… Links: www.TreanGroup.com Check out this episode!
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Oct 22, 2020 • 41min

1578: Senior Housing Decline, Workforce Housing Boom, Memphis 3.0, Investment Counselor Adam

Jason Hartman's Real Estate Update, Flash Briefing, on ALEXA. Everything has changed except Real Estate Investment Fundamentals. The popular RE selling season has shifted this year, and currently, homes are selling incredibly fast. Jason Hartman talks about some areas surrounding the popular family home that might change in the future. Jason and Adam share the Memphis 3.0 plan (pre-pandemic); how might this benefit you, the investor? They also read through a Pro-Forma sharing all of the details of a Memphis property, with tutorials for those that are new to the show. Key Takeaways: [4:00] We're on ALEXA, Jason Hartman's Real Estate Update Flash Briefing [7:30] We're all aging, but multi-generational living is becoming more popular in America. [13:30] Due to coronavirus, the typical spring RE selling season has shifted. [16:00] U.S. homes are selling incredibly fast. Investment Counselor Adam [26:00] Memphis 3.0 Plan (build-up) [29:20] Does the Hartman network have referrals for financing? [33:30] Getting ready to buy a house? Season your money. [35:30] How to Read through a Pro-forma from a Memphis property. Websites: PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 21, 2020 • 41min

1577: Monopoly & AntiTrust, Bullish Invitation Homes $1 Billion JV, Memphis Market

Jason Hartman, will this show be censored or not? What company is monopolizing web traffic? 'Google It.' Jason talks about digital-currency. Will the winning crypto be bitcoin or something backed by the Fed? Investment counselor, Adam, joins the show today for the first of two parts on bullish invitation homes. Will the individual investor have a chance against hedge funds? Let's talk about Memphis; it's not too late. Key Takeaways: [1:15] Election Night Coverage: LiveStream - Jason Hartman [2:10] What happened if one company controlled almost all of the world's access to information? [4:30] The astounding numbers of web search traffic belong to what company? 'Google it' [8:45] How much is it worth to them to defend the case? [14:45] The digital dollar is coming. Investment Counselor Adam [18:22] Invitation homes, institutional investors, and their incredible bullishness on the real estate market. [18:40] Income Property is I.D.E.A.L. Income, depreciation, equity growth, appreciation, and leverage. [23:15] Hedge funds are not only taking inventory, but they are keeping inventory from us. [23:30] Embrace the fragmentation. [27:00] The bigger investment institutions are taking an interest in more of the linear and hybrid markets, competition for the mom and pop investor. [30:30] Let's talk about Memphis. Is it over-bought? [35:45] Tenant turn in 11 days! Mid-pandemic, in Memphis, TN [37:15] No new inventory creation at one of the most desired rental ranges. Websites: PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 20, 2020 • 44min

1576: 62.6% Income Tax, Rapper '50 Cent' Supports Trump, Continued Migration, Foreclosure or Opportunity, Rick Sharga

What percentage of your salary is going to taxes? Jason Hartman shares staggering stats on income tax across the US. And the migration out of high-priced, cyclical markets continues. Rick Sharga returns to the show to distinguish between foreclosures and opportunities. Will the 3 million forbearance cases end up in foreclosure? Rick also gives an excellent insight into every sector of what he thinks is to be expected in the commercial real estate market. Key Takeaways: [1:15] Would you like to work for the government for 228.5 days per year? [6:00] The mass migration continues. [7:45] Check out this ad from a Baltimore politician. [11:45] Speaking of migration, Uhaul prices' paint a clear picture of where people are going. Rick Sharga [18:00] Rick distinguishes between foreclosures and opportunities. [24:00] Will 3 million in forbearance programs end up in foreclosures? [27:00] What happens when all of these loans come out of forbearance? [32:45] Discussing California's new law that the institutional buyer cannot buy foreclosures. [34:45] We already see a higher number of commercial foreclosure properties popping up. [36:00] Rick breaks down his expectations for each sector of the commercial real estate environment. [39:30] One of the most significant shortages in housing is in the low price tiers. Here's why. Websites: RealtyTrac.com PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 19, 2020 • 31min

1575: FICO Scores All-Time High, Foreclosure Crisis or Not? Rick Sharga, RealtyTrac

FICO scores have hit a record high, but is a perfect FICO score the best situation? Jason Hartman discusses FICO scores along with vacancy rates. What looks the best may not be the best. Rick Sharga, Executive Vice President of Marketing at RealtyTrac, talks with Jason Hartman about forbearances and foreclosures. Does one lead to the other, and how will this differ from the great recession? How has COVID-19 changed how millennials approach renting vs. buying? Key Takeaways: [1:25] You are assisting with a fundamental economic concept called price discovery. [3:00] FICO scores hitting a record high? [5:00] Do you want a perfect credit score or an ideal vacancy rate? [12:30] Let's compare rent decreases of two-bedroom units. [16:50] Number of homes on the market is down 39%. Rick Sharga [18:00] Everyone is asking, "is Covid going to cause a housing crash?" [19:00] Covid has not slowed down the housing market even a little bit. [20:45] The pandemic accelerated millennials' trend to stop as urban renters and move to a place of homeownership. [28:30] The 2006 median price home was $650 more expensive than the median price home today, adjusted for interest rates and inflation. Websites: RealtyTrac.com PandemicInvesting.com JasonHartman.com/Ask JasonHartman.com/Start JasonHartman.com/Recordings JasonHartman.com/Asset JasonHartman.com/Webinar JasonHartman.com JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
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Oct 16, 2020 • 42min

1574 FBF: Single Family Residential Property Investing with Jason Hartman and Kerry Lutz of the Financial Survival Network

This episode of Flashback Friday was originally published: February 20, 2014 The tables have been turned on Jason Hartman during Episode #362 of The Creating Wealth Show. Normally Jason asks the questions, but today, host Kerry Lutz of the Financial Survival Network sets the agenda. What transpires is a nuts and bolts crash course in the exact reasons single family residential properties are Jason's preferred form of investing, bar none. Better than the stock market or gold by a long shot, and safer than apartment complexes or commercial properties. If you have an interest in a better understanding of the kind of investing that creates actual wealth for the long term, don't skip this show. About Kerry Lutz Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school's library. After graduating from The New York Law School, he became an attorney and life-long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company. In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission, much like that of Jason Hartman's, is helping you to survive and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong and Peter Grandich. Kerry now appears on 1230 WBZT, in West Palm Beach, FL, every Sunday from 9am-10pm EST. In This Episode, Jason Addresses: Is the dollar collapse real or fiction and why it might not matter Why math math is irrelevant when it comes to the economy Where Chinese millionaires want to live Why residential property investments beat multi-family and commercial How you can tell if your real estate portfolio is diversified What's wrong with most real estate gurus' and their promises much, MUCH more… Don't miss Jason's monologue, which leads off this episode. He discusses the recent merger of eLance and oDesk, the scam of life insurance as an investment,why college no longer makes financial sense, and what Steve Jobs told President Obama about creating more jobs. Links: The Financial Survival Network Check out this episode!

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