Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman

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Apr 13, 2020 • 39min

1434: Mastering Money, Build Wealth & Financial Crisis & Going Public, Inside The SEC Norm Champ

Jason Hartman talks with Norm Champ, a partner in the New York office of Kirkland & Ellis LLP about preventing the next crisis. Find out some helpful financial tips from the author of Mastering Money: How to Beat Debt, and Be Prepared for Any Financial Crisis. As the former director of the Division of Investment Management at the U.S. Securities and Exchange Commission (SEC), Norm's experience and viewpoint has many valuable lessons. Upcoming Events: Tuesday's Funding Webinar: bit.ly/tue2pmet Creating Wealth: 7 days per week Home Based Business: bit.ly/taxprofit Key Takeaways: [2:15] Are we witnessing the collapse of the mortgage market? [4:00] Stock up on food, and toiletries, but don't forget to stock up on cash! Follow the golden rule [8:05] Where is the next financial crisis going to come from? [11:00] The home in which you live, is not necessarily something that needs to be owned [17:00] Renting vs owning, taking care of the property is one of the major benefits to seeing ownership [21:00] Understanding affinity fraud [26:00] What is the Volker Rule? Was it supposed to replace the Glass-Steagall Act? [34:00] There are some benefits from circulation between the private side and the public side Websites: www.NormChamp.com www.JasonHartman.com 1-800-HARTMAN Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 12, 2020 • 44min

1433: Pandemic Investment Principles, Mortgage Forbearance

Happy Easter! More so than ever, the home is the center of the universe. Jason continues his pandemic investing discussion with Casey Weade about investment principles that work in hard times or easy times. If it makes sense the day you buy it, and the property is for essential living, you're off to a good start. But before that, Jason shares a message from the client, Aaron about forbearance in these pandemic times. What do we know? What has changed? And will the fed rates continue to drop? Upcoming Events: Tuesday's Webinar: bit.ly/tue2pmet Creating Wealth: 7 days per week Key Takeaways: [2:00] Happy Easter! [6:20] Client Aaron, mortgage update, understanding forbearance in these times, what do we know? [14:00] Will fed rates continue going down? [20:00] Tech companies can't make money? [25:30] The home is the center of the universe [30:00] Travel will change, and rentals will follow [33:30] Vacationing is optional, so in tougher times, short-term rentals may suffer [37:00] A good RV ratio, 1%, is worth its weight Websites: TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Tuesday's Webinar: bit.ly/tue2pmet
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Apr 11, 2020 • 40min

1432: Pandemic Investing, Crisis Is An Opportunity

Be optimistic! It's hard to stay positive in times of crisis, but Jason reminds us about controlling our perspective. The world will go back to normal. Think long-term, people and companies will figure out a way. In part II, Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it's the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. Upcoming Events: Tuesday's Webinar: bit.ly/tue2pmet Creating Wealth: 7 days per week Key Takeaways: [3:30] We are trained to focus on the negative, hence the media's direction [4:30] Stay calm, keep good counsel, keep your eye on the ball, take action [7:30] Entertain some of the conspiracy theories, at least for their entertainment value [9:30] The world will go back to normal [13:00] People and companies will figure out a way [14:30] Act in your long-term self-interest vs short-term self-interest [20:00] Casey Weade talks pandemic investing [25:05] Crisis is an opportunity riding the dangerous wind [28:00] Suburbia is uniquely American [32:00] The remote world is becoming easier, and more friction-free [34:00] When is the right time to start investing in real estate? Websites: www.RetireWithPurpose.com TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Tuesday's Webinar: bit.ly/tue2pmet
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Apr 10, 2020 • 27min

1431 FBF: Jason Hartman's Appearance on 'The Al Rantel Show' on KABC in Los Angeles

Today's Flash Back Friday comes from Episode, 56 Originally Published June 2, 2008 Jason sits in the hot seat on The Al Rantel Show on KABC LA to talk about the current state of economic affairs, and then responds to listener questions. Hartman discusses inflation and the upcoming 2008 recession the very month that the U.S. recession is declared. Upcoming Events: Tuesday's Webinar: https://bit.ly/Tue2pmET Creating Wealth: 7 days per week Key Takeaways: [5:30] "You can't keep printing money and have the value of a dollar stay the same" -Hartman [7:30] "Liar loans," homes that people could obviously not afford [10:00] Are we in a recession? Learn more about how the U.S. is declared to be in a recession by the NBER from Recession of Depression [15:00] Understanding the diversity of real estate markets across the U.S. [16:45] Buy a set of commodities with as much debt as you can [20:00] Putting equity into a property is never a good deal Websites: Tuesday's Webinar: bit.ly/tue2pmet TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 9, 2020 • 40min

1430: COVID-19 Treatments & Life Extension, Forgivable Loans, De-Globalization, Dr. Kaeberlein

In preparation for our show this weekend, Jason brings up the potentially forgivable loans from the SBA. Also, Jason discusses inflationary forces due to Trump's initiative for de-globalization. In part II, Dr. Kaeberlein, professor of pathology, talks about the disadvantages of the elderly when it comes to vaccines. Dr. Kaeberlein elaborates on why this is connected to Coronavirus vaccines. Find out more about anti-aging and the Dog Aging Project. Upcoming Events: Tuesday's Webinar: https://bit.ly/Tue2pmET Creating Wealth: 7 days per week Key Takeaways: [2:30] The SBA is giving out potentially forgivable loans [7:00] Link for Tuesday's Webinar: bit.ly/tue2pmet [9:20] De-globalization will lead to many inflationary forces [13:20] Dr. Matt Kaeberlein, Coronavirus and Age, and why those two are connected in such an important way [17:50] Can we overcome the disadvantage of the elderly when it comes to vaccines and susceptibility to viruses? [21:20] What therapies are you (Kaeberlein) working on to combat the age-related diseases? [23:40] "The goal is to try to identify either drugs or lifestyle interventions that have an impact on these molecular hallmarks of aging in the direction that we want them to go" - Dr. Kaeberlein [26:20] We probably have interventions now that could have a significant impact on health and longevity in people [29:20] Until we consider biological age in our approach to these diseases, we're going to continue to fail [30:20] What's the dog aging project? [31:25] Does rapamycin slow aging? Websites: Tuesday's Webinar: bit.ly/tue2pmet www.dogagingproject.org TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 8, 2020 • 40min

1429: COVID-19 Media, Creative Destruction, Millennials & McMansions, Harry Dent

Jason Hartman and Pat Donohoe discuss action steps and dealing with the media and coronavirus. Will we make the most of a creative destruction situation, and how can we benefit from it? In segment two, Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? Key Takeaways: [7:30] With the Coronavirus & media, what's the action step here? [9:40] We are experiencing the biggest money printing extravaganza in world history [11:41] We don't know how much debt is too much [15:30] Creative destruction, advantages and disadvantages, and hindsight bias [17:00] Harry Dent, "The baby boomers have sold their homes and joined the renters" [20:00] In general, are the millennials in a good place or a bad place? [23:00] Harry, "I like the high quality, the ten and thirty-year U.S. Treasury Bonds" [30:00] What's to come of the Millennials and the McMansions? [36:00] If we don't rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan [38:00] Jason, "Financial assets like the wall street economy vs real assets like the main street economy are far riskier" Websites: www.TheWealthStandard.com www.HarryDent.com www.PandemicInvesting.com TAX SALE Webinar Link Jason Hartman Youtube: Harry Dent 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 7, 2020 • 41min

1428: Shadow Demand, The Next Depression, Repo-Market, Harry Dent

We are all searching for information on what to expect in uncertain times. Harry Dent joins Jason Hartman to discuss everything you need to know about the economy. Look at patterns Harry has analyzed to predict what's to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. CREATING WEALTH Podcast: 7 Days This Week! Key Takeaways: [1:30] How many times have you washed your hands today? [4:26] There is a huge shadow demand for housing [7:25] "Roommate component" of shadow demand, 2002-2012 roommate status when up from 25-32% [13:15] Thank you to Kurt, 12-year listener, and congratulations! [15:00] Harry Dent [16:00] The stock market is the best leading indicator of the economy [21:00] After 1995, things start to get out of whack in relation to GDP [25:10] Every 90 years, like a clock, we see a bigger bubble and a crash [29:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies [32:00] China's workforce peaked in 2011 and has been declining ever since [36:40] Harry explains the repo-market Websites: PandemicInvesting.com TAX SALE Webinar Link Jason Hartman Youtube: Harry Dent 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 6, 2020 • 37min

1427: Recession or Depression, Stock Buybacks, Quantitative Easing, Harry Dent

Jason Hartman is joined in today's show with in house-economist, Thomas to discuss what constitutes a recession and what this one will look like. While some may assume the worst, Thomas presents some numbers that aren't as bad as expected. In Part II, our returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. Key Takeaways: [1:00] The great little recession [2:00] Members of the national bureau of economic research are careful what to declare a recession, and quite a bit after the fact [7:10] The employment base for retail and tourism is around 40 million jobs, and we are only down 10 million so far [14:20] This is a war, just a war on a virus [16:30] Harry Dent, Demographer [17:30] Puerto Rico, better weather, lower cost and better tax benefits [18:53] Famous for predictions on all aspects of the economy [18:50 ] QE Quantitative easing [21:00] What is the age of someone's peak earning power and peak spending? [23:50] "Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that's actually chasing financial assets, and that drives up financial assets." - Dent [26:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy [28:25] You say the economy is fake? [29:25] Governments always stimulate the economy [32:55] Are company stock buybacks really that bad? Websites: TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 4, 2020 • 38min

BONUS: 1031 Exchange Alternative, RE Beats Stocks, Even If Tenant Doesn't Pay

Does real estate investment beat the stocks, even when the tenant doesn't pay? Jason Hartman and investment counselor, Adam discuss the perks of real estate investment compared to the stock market, even when the tenant doesn't pay. This question strikes a chord as millions of Americans will have trouble paying their rent or mortgage on April 1. Remember to 1) stay calm 2) keep good counsel 3) keep your eye on the ball and 4) take action. Jason is joined with Tom, to wrap up some advice and details about the 1031 tax-deferred exchange alternative. Key Takeaways: [4:00] Millions of Americans will have trouble paying rent/mortgage [7:15] Stay calm, keep good counsel, keep your eye on the ball and take action [11:23] Will there be a decline in the use of public spaces? [16:45] Does real estate beat the stock market? [19:55] What is the average return on real estate investment? Adam shares his experience with the 100k home [23:00] Johnny from Arlington [24:25] The loan modification culture is back [25:05] Learn More: Strategic Defaults & Loan Modifications [29:55] Reach out to one of our investment counselors to build a relationship with them and to gain some knowledge in a given market [31:45] The 1031 Tax-Deferred Exchange Alternative, Part II with Tom Websites: TAX SALE Webinar Link 1-800-HARTMAN www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes)
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Apr 3, 2020 • 52min

1426 FBF: One-Stop Nationwide Eviction Services, David Merrill

Today's Flash Back Friday comes from Episode 719, originally published August 29, 2016 In the first half of today's episode Jason debunks Peter Schiff's theory on China's Great Decoupling. A Business Insider article breaks down the Chinese class system and outlines each class by its income level. And today's guest, David Merrill of Nationwide Eviction Services shares the benefits of his company's software platform. The software allows investors who self-manage their properties to pay a small fee to file an eviction from anywhere, on-line. The company's comprehensive website includes a calculator that can formulate a price per eviction in any state by entering a property's zip code. Key Takeaways: [1:20] Tenants need to uphold their contracts, if not landlords may need an eviction service. [4:51] Debunking Peter Schiff's The Great Decoupling Theory. [9:34] A few points about the Business Insider article which addresses China's middle class. [18:00] Global trade is good but the current US complex trade agreements are not good. [20:16] The 3 basic economic scenarios are inflation, deflation and stagnation. David Merrill Guest Interview: [23:34] A software solution to the age old problem of eviction. [26:00] Roughly, what are the costs for an eviction plus court costs in different areas of the country? [28:59] An eviction is a two-part process, if you plan on recovering your funds. [31:43] Which states have landlord friendly or landlord unfriendly markets? [35:08] Smart Eviction Technology is a standardized form which adapts to the differences in local markets. [37:25] People should standardize all of their collection efforts on all of their properties. [39:31] Keep the lines of communication open. It pays to work with your renters before starting the eviction process [44:25] An online calculator shows which areas are more landlord friendly or tenant friendly based on cost per zip code. [48:12] Contact information for David Merrill and his closing thoughts. Websites: TAX SALE Webinar Link www.JasonHartman.com/Properties www.JasonHartman.com Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) 1-800-HARTMAN

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