Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman

Episodes

Mentioned books

undefined
Aug 21, 2020 • 54min

1534 FBF: Private Equity Investing with David Carey Author of 'King of Capital' and Senior Writer for 'The Deal'

This episode of Flashback Friday was initially published: October 31, 2012 Private equity is a type of investing where you deploy capital in companies privately rather than in the public market. Here to talk about this subject with Jason Hartman is David Carey, author of King of Capital, and senior writer for "The Deal." David explains the various forms, including injecting money into companies to help them grow faster, and the most common form, a leverage buyout (LBO). In an LBO, private equity firms are not responsible for paying down the debt, unlike a homeowner who pays off a mortgage. Instead, the company that is being acquired takes on the debt and retires it over time using its own cash flow. David notes that most private equity firms outperform stocks and bonds by a wide margin, not just through the use of leverage, but also from improving the profitability of the companies they acquire. David goes on to share his thoughts on the attacks on private equity, Bing Capital and Mitt Romney. Dispelling the political negative caricature of the private equity business, David shares how these firms have helped numerous companies prosper, allowing for quicker new job growth. Bing Capital was an exception, having piled on too much debt, and naturally, the Obama campaign took a potshot at the firm and private equity firms in general. DAVID CAREY is senior writer for The Deal, a news service and magazine covering private-equity and mergers and acquisitions. Before joining The Deal, he was the editor of Corporate Finance magazine and wrote for Adweek, Fortune, Institutional Investor, and Financial World. Carey has appeared often on CNBC. He holds two masters degrees: one in French literature from Princeton and a second in journalism from Columbia. He earned his bachelor's degree at the University of Washington. Carey authored the book, KING OF CAPITAL: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone (Crown Business; October 2010), which tells how Schwarzman and his co-founder Pete Peterson, starting with just one secretary in 1985, built a powerhouse that weathered the financial crisis successfully even as other institutions crumbled. More about the book can be found at: http://king-of-capital.com/whats-the-book-about/highlights/. Websites: JasonHartman.com/Fund JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn)
undefined
Aug 20, 2020 • 40min

1533: Welfare for the Rich, Government Creep & The Human Cost of Welfare by Phil Harvey

Jason Hartman answers a listener question about investing in real estate amid COVID-19. When is a good time to start, or to extend a portfolio? Also, a reminder about the greater fool theory related to WSJ's mention of Apple's latest valuation. Invest in something that makes sense the day you buy it. Phil Harvey is today's guest, discussing his recent book and a few ways that tax dollars are distributed to some for questionable reasons. Phil shares everything from billionaires receiving million-dollar payouts for owning farmland to customers paying double the price of sugar in the local grocery store. Book: Welfare for the Rich: How Your Tax Dollars End Up in Millionaires' Pockets-And What You Can Do About It by Phil Harvey Livestream: Sunday Morning, Coffee Tok (Talk) 11 AM EDT facebook.com/JasonHartman.com Key Takeaways: [3:20] "Is now (COVID-19) a good time to start investing in real estate?" Listener, Scott [8:45] Jason elaborates on pension plans versus real estate investing, a continuation of the question from a listener, Scott. [12:45] Apple just passed the 2 trillion dollar market cap: what did WSJ say about it? [13:45] The greater fool theory Phil Harvey [19:40] How are taxpayers getting burned by welfare going to many of the wrong places? [22:30] How are the well-to-do getting welfare? [24:30] Jason and Phil discuss the bonuses received by owners of farmland for no apparent reason. [29:30] Some coastal cities have zoned land in such a way that housing has become unaffordable. [34:30] Is the open spaces argument, "you've already got yours, so you're not going to share?" [36:15] Everyone pays twice as much as they should have to pay for sugar, to benefit which sugar baron? Websites: WelfareForTheRich.com JasonHartman.com/Fund JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 19, 2020 • 39min

1532: COVID Investing, The Fed and Lehman Brothers by Laurence Ball

Jason Hartman shares a big-data lawsuit that once again proves that thou shalt maintain control of one's investment. Check out how mall shopping center REITs might be in trouble. If you aren't convinced yet about the coronavirus's impact in cyclical markets, listen in for some stats on NYC, LA, and Huntsville, Alabama. Laurence Ball joins Jason Hartman to discuss his book, The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster, and draw comparisons about our current pandemic recession. While many details differentiate the two recessions, such as being self-imposed, how we recover, and how quickly we recover might have some similarities. How can the stimulus set up the future of government assistance? Books: The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster by Laurence M. Ball Key Takeaways: [1:45] L.A. launched a 100 million dollar coronavirus rental assistance fund. [3:30] NYC had a massive decline in tourism. How low was it? [6:30] The increase in median sales prices for homes in Huntsville, Alabama, during the COVID-quarter (Q2-2020) was 13%. [12:15] Jason talks about a lawsuit that says, "giant mall REITs are licensed to spy, swiping vehicle date from license plates." Laurence Ball [18:15] Has there been an active enough response to COVID-19 from policymakers? [19:45] Speaking on the first self-imposed recession. [21:00] Will Coronavirus stimulus packages be the prelude to a sort of nationalized housing assistance program? [26:15] Can the government and the fed solve the problem by creating more money, quantitative easing, and more stimulus? [29:45] Failure to rescue Lehman Brothers made the recession outcome worse. [34:00] Were we do for a correction, pre-pandemic? Websites: ConquestMaps.com JasonHartman.com/Asset JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 18, 2020 • 40min

1531: The 93 Property Plan Client Case Study, Ross Worden

Jason Hartman talks with Ross Wordon in today's client case study. Ross Wordon started a fast-growing business from an Etsy store. His early interest in real estate sent him on an investment quest. After being a devoted listener of more than 500 episodes, he managed to purchase his first investment property and set into motion a plan to own 93 properties in 10 years. Jason and Ross break down Ross's strategy to grow his investment portfolio and discuss options for growth and the financial freedom date. MEET THE MASTERS VIP Bonus Implementation Session This Thursday, August 20th @8 PM EST LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT facebook.com/JasonHartman.com Key Takeaways: [1:00] Working on "handy-dandy" Real Estate Investment calculators. Client Case Study: Ross Wordon [5:45] Since the Coronavirus outbreak; Travel is only 17% of what it was a year ago. [11:00] Discussing wanderlust from the perspective of someone who's business revolves around people's desire to travel, amid a pandemic. [14:00] Ross shares his early interest in real estate. [17:30] Breaking down a 7-year real estate investment strategy. [26:00] Jason and Ross talk about the compounding effect of staying the course. 93 properties in 10 years. Websites: ConquestMaps.com www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 17, 2020 • 36min

1530: Unfu*k Yourself, Get Out of Your Head and Into Your Life by Gary John Bishop

Jason Hartman talks about the continuing trend to get out of the city and into the suburbs. And as people are moving to the suburbs, they begin to spend a lot of time improving their homes. Many people are taking advantage of this trend, known as geoarbitrage. Jason Hartman interviews author of the book, Unfu*k Yourself, Get Out of Your Head and Into Your Life, by Gary John Bishop. Bishop shares pieces of the philosophy that shaped his world. His joy for helping others gave momentum towards sharing his wisdom in book and audio form. His approach to life is designed around forgiveness, being honest with oneself, and that significant change is available to everyone. Gary John Bishop is also author to Stop Doing That Sh*t and Do The Work. LIVESTREAM: Sunday Morning, Coffee Tok (Talk) 11 AM EDT facebook.com/JasonHartman.com Key Takeaways: [2:45] Google Search: "movers near me," at an all-time high. [3:45] Home Depot, daily foot traffic, up 35% [5:45] More people are fleeing San Francisco and NYC for the suburbs. [9:45] Jason speaks on geoarbitrage. Gary John Bishop [16:45] "Have you ever felt like a hamster on a wheel, furiously turning your way through life with somehow going nowhere" - Gary John Bishop [18:00] The best place to start is finally telling yourself the truth. [21:30] "You're way more encumbered by what you think than anyone else." G.J. Bishop [23:45] How do I forgive someone/something? [25:00] It's amazing what things people will give up to be right. [26:25] Should we always forgive? [31:30] Significant change is available to you. [35:45] "Your success in life is almost exclusively tied to the degree that you can keep a promise to yourself." G.J. Bishop Websites: GaryJohnBishop.com www.JasonHartman.com/asset www.JasonHartman.com www.JasonHartman.com/properties
undefined
Aug 14, 2020 • 41min

1529 FBF: Electronic Voting Machine Vulnerabilities with Bev Harris of HBO's 'Hacking Democracy' Documentary

1529 FBF: Electronic Voting Machine Vulnerabilities with Bev Harris of HBO's 'Hacking Democracy' Documentary This episode of Flashback Friday was initially published: October 19, 2012 With the November Presidential election right around the corner, nothing could be more timely or more important than understanding the electronic voting system and the risk to our right for a fair and honest voting system. Jason Hartman interviews Black Box Voting founder, Bev Harris, who was featured in the HBO documentary, "Hacking Democracy," and has been researching and writing on the subject of electronic voting since 2002 after she discovered that U.S. Senator Chuck Hagel had ownership in and had been CEO of the company that built the machines which counted his own votes. Bev shares the seriousness of the situation, explaining that the monopoly on the manufacturing of the machines gives the corporate owners (shareholders) complete control over voting outcomes, and that the structural problems with electronic voting prevent the public from being able to authenticate. Vanity Fair magazine credits Bev Harris with founding the movement to reform electronic voting. Time Magazine calls her book, Black Box Voting, "the bible" of electronic voting. The Boston Globe has referred to her as "the godmother" of the election reform movement. Her articles were among the first to reveal that modern-day voting systems are run by private for-profit corporations, relying on a few cronies for oversight, using a certification system so fundamentally flawed that it allows machines to miscount and lose votes, with hidden back doors that enable "end runs" around the voting system. Bev's investigations have led some to call her the "Erin Brockovich of elections." (Salon.com) In 2003, just weeks after a stunning electoral upset in Georgia that tipped control of the U.S. Senate, she discovered 40,000 secret voting machine files -- including a set of files called "rob-georgia," containing instructions to replace Georgia's computerized voting files before the election. The files she found contained databases with votes in them and the voting machine programs themselves. She downloaded the files on Jan. 23, 2003 and set them free on the Internet a few months later, where they were studied by scientists and security experts. Bev has since uncovered more about the secret voting systems and made them public, has been served with four cease and desist orders from private manufacturers for releasing information to the public, and was investigated by the U.S. Secret Service Cybercrime Task Force, being hit with a gag order for refusing to turn over information, an action that was dropped after it was exposed by a Seattle reporter. With a voting system that has become divorced from the citizens it serves, Bev founded Black Box Voting, a nonpartisan, non-profit 501c(3) organization to help citizens fight back (http://www.blackboxvoting.org/). Websites: EngineeredTaxServices.com www.JasonHartman.com/asset www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 13, 2020 • 38min

1528: Median Home Price Growth, CARES Act, HEROS Act Stimulus with Julio Gonzalez

Jason Hartman talks about median home price growth across the U.S. in the second quarter of 2020. What does this mean? Play the long game, follow the linear markets, and talk with an investment counselor at JasonHartman.com. Ask the question: Compared to what? Jason Hartman talks with Julio Gonzalez, founder of Engineered Tax Services, a licensed engineering firm that focuses on tax benefits at federal, state, and local levels. Julio's expertise on tax credits gives us a different perspective on where the economy is headed. Today, Jason and Julio discuss property reuse for affordable housing and redistribution centers. Julio shares knowledge about tax credits from selling air rights to 5G infrastructure. Key Takeaways: [1:00] 96% of home metros showed median home price growth in the second quarter. [7:00] Play the long game: the linear market is the slow climb. [11:05] Jason looks at price growth in local markets across the U.S. [18:45] Compared to what? What is real? Julio Gonzalez [23:00] Is there a chance to see property reuse like hotels shifting to affordable housing? [24:00] Many REITs are trying to redesign shopping centers into redistribution centers. [29:00] It's hard to make predictions about where the economy will be without any history of vaccinating 7 billion people. [31:15] There are twenty tax credits associated with investing and real estate at the federal level. [33:00] The government is incentivizing 5G infrastructure as a tax credit. Websites: EngineeredTaxServices.com www.JasonHartman.com/asset www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 12, 2020 • 32min

1527: Gift From Jerome Powell, Take Advantage of Mortgage Interest Rates

Jason Hartman pulls out the Hp12c Platinum Financial Calculator for a field trip down inflation lane. This trip was spawned by the gift from Jerome Powell, chair of the Federal Reserve. Today, Jason shares how the current mortgage interest rates can benefit you, especially when compared to interest rates from 2006. How can we calculate benefits of mortgage rates, how do we factor in inflation, and should we consider hedonic indexing? Key Takeaways: [1:00] A gift from Jerome Powell: [6:45] Jason explains how the change in mortgage interest rates from 2006 to 2020 means you can get 70% more house./mortgage for the same monthly cost. [12:20] Selling property, flashback to Jason's Irvine, CA "farm area." [19:15] Sharing problems with calculating hedonic indexing. [23:00] A newsletter called the Lumber Market Report said that framing lumber prices climbed further into record territory. Websites: www.JasonHartman.com/asset www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 11, 2020 • 45min

1526: Mortgage Rates 1.99, The Trilateral Commission, Patrick Wood, The August Forecast

How much more can I borrow with interest rates this low? Jason Hartman shares some great news about mortgage rates and takes you through some strategy to take advantage of them. This investment discourse is built on United Wholesale Mortgage (UWM) announcing today that they are rolling our a loan program that offers mortgage rates as low as 1.99%. Wood and Hartman discuss the shift away from high-rise living due to COVID-19, something that challenges some expectations of experts claiming that the majority of the world would prefer living in cities. Wood explains the Trilateral Commission and the connection between it and several positions of power. Book: Technocracy Rising: The Trojan horse of Global Transformation by Patrick M. Wood Key Takeaways: [1:10] Mortgage interest rates: UWM announced today that it's rolling out a loan program that offers mortgage rates as low as 1.99% [8:00] What if you could only get a 10-year mortgage? [15:30] Mortgage hypotheticals: How much can I borrow today? Patrick M. Wood [23:00] No one will be interested in high-rise living and mass transit. [28:45] What is The Trilateral Commission? [31:45] COVID-19 is likely to move us toward a government-backed cryptocurrency. [36:30] Patrick gives his August forecast on the economy. [42:40] Citizens for Free Speech is a non-profit started by Patrick M. Wood (2018) Websites: CitizensForFreeSpeech.org Technocracy.News www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN
undefined
Aug 10, 2020 • 33min

1525: George Friedman, Technocracy Rising, Global Transformation by Patrick M. Wood

There will always be a rescue program, that is the world we live in today. Jason Hartman provides current event updates, discussing Trump's recent promises for permanent cuts to payroll taxes. Will the U.S. decline? Jason cues up George Friendman's comments surrounding this topic. Patrick M. Wood, founder of Citizens For Free Speech, joins Jason Hartman for an in-depth discussion on technocracy. Who are some examples of current technocrats, and how are they influencing the economy? What is the link between Agenda 21 and technocracy? Book: Technocracy Rising: The Trojan horse of Global Transformation by Patrick M. Wood Livestream: Sunday Morning, Coffee Tok (Talk) 11 AM EDT facebook.com/JasonHartman.com Key Takeaways: [2:20] Trump promises to make permanent cuts to the payroll tax. [5:00] There will be another bailout, no matter what. [6:20] Will the U.S. decline? George Friedman says, "ask the right question." [12:00] Beyond the aviation language being in English, and computer programming that's written in English, the debts are denominated in dollars. [16:45] Where did the term technocracy originate? [19:20] Who would be an expert that's running the world today? [24:30] The United Nations is the torchbearer of technocracy sine 1992 and Agenda 21. Sustainable Development is a resource-based economic system instead of what is based on supply and demand. [30:00] Wood discusses how Alexandria Ocasio-Cortez's proposal for a Green New Deal became mainstream for both political sides. [32:45] The Great Reset, what does that actually mean? [34:00] All wealth starts from the ground. If you control the resources, you control the wealth. Websites: CitizensForFreeSpeech.org Technocracy.News www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app