Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
undefined
Nov 8, 2019 • 34min

1321 FBF: Ron Paul on Liberty, Market Distortion, Inflation & Currency Manipulation

Today's Flash Back Friday comes from Episode 913, originally published in November 2017. Jason Hartman starts off the show talking with Elisabeth Embry about how she makes her 5-year plans, and why it's important. Then, Jason continues his conversation with former Congressman Dr. Ron Paul. The two finish up their talk by looking at why the government thinks they're the best option for many aspects in our lives, what would happen if the government got out of the way and prices reverted to normal rather than the distorted view we're getting today, and why we shouldn't expect to see inflation curbed in the near future (or ever more likely). Key Takeaways: [4:13] How Elisabeth, and her husband, take the time to put pen to paper and come up with their 5-year plan [7:15] We tend to not put much emotion into our investing victories, which can make us only remember the negatives [10:46] Planning your journey using the Amazon Press Release method [14:37] Take stock of your resources, you probably have more than you realize Ron Paul Interview, Part 2: [18:50] What business is it of the government to involve themselves in so many aspects of our lives? [21:11] Many governmental programs have distorted markets like student loans and housing markets [25:28] Distorted prices and manipulating the currency and tax codes makes people worry about gaining the best tax advantage rather than getting the highest return or providing the most value [28:42] Inflation, from the government and central bank point of view, seems to be a great business plan Websites: www.RonPaulLibertyReport.com
undefined
Nov 7, 2019 • 34min

1320: Housing Scarcity & Fake News, Stonewalled, The Smear by Sharyl Attkisson

Before launching into his off-topic 10th episode show, Jason Hartman takes a minute to discuss a topic of real estate interest: the lack of homes available to homebuyers with a price point below $250,000. Then Jason talks with Sharyl Attkisson, host of Sinclair Sundays, former CBS anchor and author of Stonewalled: My Fight for Truth Against the Forces of Obstruction, Intimidation, and Harassment in Obama's Washington, about today's atmosphere of fake news, online bullying and defamation, and how we can possibly combat them. Key Takeaways: [4:17] Homes below 250k are starting to become extinct Sharyl Attkisson Interview: [9:50] With just a few Twitter accounts, smear operators can start an entire movement [14:32] How do we reconcile a free but credible press when there are so many anonymous sources today? [20:44] Journalists use to keep their political opinions to themselves, but now they're almost rewarded for it [25:51] What should we make of the big tech companies censorship? Website: www.SharylAttkisson.com www.GAB.com www.FullMeasure.news
undefined
Nov 6, 2019 • 37min

1319: Controlling Investments, Personality vs Character & 3rd World States

Jason Hartman reiterates the importance of Commandment #3 to start off today's episode: Thou Shalt Maintain Control!!! At his mastermind event he was pitched a syndication deal that reminded him how you can invest in deals that could make money but still come out behind when you compare it to other possibilites. While discussing investing in funds/syndications, he also delves into the principal of character vs personality. When you're investing, it's important to look past most of the personality and focus on character or you could end up looking at a horrible result. Key Takeaways: [4:37] A syndication deal Jason recently was pitched [7:01] You shouldn't be happy just because you made some money. [9:50] The Personality Ethic vs the Character Ethic [18:35] Is California a 3rd World State? [24:13] Why you should care about California's demise even if you don't live in that state or even country [32:14] The people in charge are distracting us so they can do what they want behind the scenes Website: www.JasonHartman.com/Ask www.JasonHartman.com/Properties
undefined
Nov 5, 2019 • 31min

1318: Important Economic Indicators, Wage Growth & Value of Mastermind Groups

Jason Hartman starts today's show discussing the importance of finding a group that brings out the best you possible. Sometimes that can cost a lot of money, sometimes it doesn't. Then Jason explores another story that illustrates the importance of Commandment #3. Then Jason talks with Ali Wolf, Director of Economic Research at Meyers Research, LLC. Ali and Jason explore which indicators are important and which ones are just smoke and mirrors when you're examining housing markets and markets in general. No surprise, some of the big ones you hear about in the news aren't the most helpful. Key Takeaways: [4:24] The value of a network [6:44] Jason's gotten back into Tabatta Pro [10:15] Under Armour is coming under investigation Ali Wolf Interview: [17:30] What indicators you should pay attention to and which you should ignore as an investor [20:19] Wages in the US are going up, but wage growth minus inflation still doesn't give people a big enough raise to keep up [24:58] Even with the bad things that are happening we're still in positive growth Websites: www.MeyersResearchLLC.com www.JasonHartman.com/Properties
undefined
Nov 4, 2019 • 36min

1317: Housing v Shelter, Portfolio Evaluations & Avoiding Manias

Jason Hartman and Investment Counselor Doug take a look at the danger of manias, especially when it comes to investing in startup companies (like WeWork). It's easy to get caught up in rising valuations and the like, but it's also easy to lose a whole lot doing so. Jason and Doug then discuss the Wealth Simulation exercise that was held at Profits in Paradise, including lessons learned about the method of building your portfolio that will set you up for the greatest wealth. Key Takeaways: [4:22] WeWork is a great example of why you should follow Commandment 21: Thou Shalt Avoid Manias [9:17] Don't fall for the company line of how they're going to change the world. Voluntary exchange with a company changes the world on its own [12:24] Don't be fooled by the resume or the amount of money that's being pumped into a company when making investment decisions [13:57] Blogcast: Housing vs Shelter [21:22] How the Wealth Simulation exercise worked [25:23] One of the top strategies in the wealth simulation game was a mixture of linear and hybrid markets so you could take advantage of cash flow and appreciation [31:35] You don't have to have too many properties before you're at the point where you're dealing with the law of large numbers Website: www.JasonHartman.com/Properties
undefined
Nov 1, 2019 • 38min

1316 FBF: Ron Paul on Liberty, Taxes & 'Construction Void' Housing Bubble Risk

Today's Flash Back Friday comes from Episode 912, originally published in November 2017. Jason Hartman kicks off today's episode with a look at Daren Blomquist's latest Housing Report and breaks it down piece by piece. He examines the data about a long-time low in housing starts, a construction worker shortage, and an investors lament. Then, Jason introduces his guest, and Meet the Masters headline speaker, former Senator Dr. Ron Paul. The two examine what liberty really means, what governments role actually is, the damage our educational system is doing to our society, and what should be done with the federal income tax. Part 2 of Dr. Ron Paul's interview will be aired on Wednesday. Key Takeaways: [3:50] Daren Blomquist, with ATTOM Data, has released his lastest Housing Report that examines the topic of bubble markets [8:16] The construction void: lowest home starts since 1964 [13:16] The idea of a bubble warning [17:04] When Jason didn't buy mobile home parks, an investors lament [20:18] A huge labor shortage in the construction industry [22:05] Don't forget to make your 5 year plan Ron Paul Interview: [24:01] What is the meaning of liberty, according to Ron Paul? [28:50] How do you draw the line about what the government should be involved in? [32:20] Ron Paul's liberty amendment to end income tax [35:58] Progressive education has harmed our nation Websites: www.RonPaulLibertyReport.com
undefined
Oct 31, 2019 • 30min

1315: Rent Control & Building By Building, Block by Block with Paul J Massey, Mayorial Candidate for NYC

Jason Hartman talks rent control today, both in his intro discussing the upcoming deadline for California's state wide rent control, and with Paul J Massey, former mayorial candidate for New York City and CEO of B6 Real Estate Advisors, as the two discuss the impact rent control is having on the real estate market in New York City. Cap rates aren't terrible for multifamily at the moment, but nobody knows what the future of their property is, so it's holding things back quite a bit. Key Takeaways: [3:19] LA City Council recently decided that landlords are required to let current tenants renew their lease [11:22] US housing affordability woes causing migrations Paul Massey Interview: [18:24] Luxury homes and condominiums have been overbuilt in New York City [21:31] What are the reasons rent control is being done? [25:14] Paul's real estate journey in New York City [27:26] Cap rates available in New York City Website: www.JasonHartman.com/Properties www.B6RealEstate.com
undefined
Oct 30, 2019 • 27min

1314: HELOCs, Home Buyers & McMansions with Millennial Marketing Guy Jeff Fromm

Jason Hartman and Adam begin today's show discussing Jason's first car and how he recently adjusted the price of his old cars to inflation. They also discuss what's going to happen to McMansions with the new generations coming and the impact of declining HELOC activity. Then Jason finishes his talk with Jeff Fromm, the Millennial Marketing Guy, about Gen Z & Y. While the two generations are close in age, they are incredibly different when it comes to advertising and habits, so it's crucial that you understand the difference in the two. Key Takeaways: [3:57] Adjusting things for inflation makes a world of difference when comparing [7:46] The generation that's willing to give up the most to buy a home is Gen Z [10:48] McMansions and Millennials [14:03] HELOC activity being lower is a good thing for housing market stability [17:36] The importance of skin in the game Jeff Fromm, Part 2 [18:33] Gen Z and Y both like to be involved with companies that support their causes, but there are some differences [22:42] Will the Millennials and Gen Zers have interest in the McMansions that were built? Website: www.JasonHartman.com/Properties
undefined
Oct 29, 2019 • 34min

1313: Mortgage Payments, Buying Power & Generational Differences Between Gen Y & Z with Millennial Marketing Guy Jeff Fromm

Jason Hartman starts today's episode discussing improved home purchasing power for consumers. Shifts in median mortgage payments has created opportunities for buyers and investors. Then we have the first part of Jason's talk with Jeff Fromm, the Millennial Marketing Guy, about the differences between Gen Y and Gen Z. While the two generations are close in age, they are incredibly different when it comes to advertising and habits, so it's crucial that you understand the difference in the two. Key Takeaways: [4:24] The coming McMansion issue [7:06] One of the High 5 metrics Jason looks at is the median mortgage payment [11:35] Home prices are actually 42% below their 2006 peak when factoring in consumer house buying power Jeff Fromm Interview, Part 1: [20:35] Gen Z are NOT Millennials to the 2nd degree. They're more like Gen X [24:07] Some of the big differences between Gen Y and Gen Z Website: www.JasonHartman.com/Properties www.JeffFromm.com
undefined
Oct 28, 2019 • 29min

1312: Profits in Paradise, New Construction Property Tour & Wealth Simulation

From poolside at their luxurious resort in Orlando, Jason and his mom take a look back at the weekend to examine what all they learned during Profits in Paradise. The two discuss the high quality of construction being done by the team in Florida, what they learned about their real estate business and takeaways from the Wealth Simulation game Doug ran. Key Takeaways: [5:20] The tools we have available for our real estate business can make us a lot more money than we could otherwise [8:36] Jason's mom absolutely loved the single family new construction first impression during the Friday property tour [14:11] James Malinchak's speeches reminded Jason's mom that you can often learn more things from your failures than successes [18:37] As real estate investors we're running Invisible Organizations [21:48] Mitch Russo's girlfriends letter to Jason about Profits in Paradise Website: www.JasonHartman.com/Properties

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