Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Jul 24, 2019 • 31min

1244: Investigating Big Tech Companies & Andrew Yang, Presidential Candidate on Universal Basic Income, Smart People Should Build Things & War on Normal People

Jason Hartman starts today's show celebrating the Department of Justice's decision to start investigating the big tech companies business practices, something he's wanted them to do for a long time now. Then Jason talks with Democratic Presidential Candidate Andrew Yang about some of his policy proposals, including the huge idea of Universal Basic Income, the erradication of income tax and the implementation of a VAT. Key Takeaways: [2:10] Jason is excited that the DOJ is finally investigating the big tech companies Andrew Yang Interview: [6:11] How Universal Basic Income is different than the welfare state and why libertarians would support it [9:43] Would income taxes go away if Andrew's VAT goes into effect? [14:28] Andrew supports UBI because automation is taking away so many jobs [19:12] The war on normal people [25:38] How the UBI will offset any deficit it creates Website: www.Yang2020.com
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Jul 23, 2019 • 29min

1243: Jacksonville, FL Market Analysis from 2019 Meet the Masters

Today's episode is a live speech from the 2019 Meet the Masters of Income Property event. Hear the local market specialist discuss why he got into the Florida markets and how he's making properties work in the market. New construction and short-term rentals can work, if you do it right. Key Takeaways: [6:45] Some of Jacksonville's economic rankings [9:42] New construction has been the main focus in the market [12:55] The different models available [20:48] The average construction time is about 6-8 months, but you don't need a construction loan Website: www.JasonHartman.com/Properties
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Jul 22, 2019 • 35min

1242: Jason's Mom Debt Jubilee, Reviewing Leases & Self-Management

Jason Hartman and his mom take today's episode to review the book The American Jubilee: A National Nightmare is Closer Than You Think, as well as discussing the impact of loan forgiveness and some self-management strategies that can save you money and headaches when it comes to repairs and tenant retention. Key Takeaways: [2:05] Jason's mom's takeaway from the book The American Jubilee [4:51] The middle class is getting crushed today more than they ever have in American history [8:05] You can use debt as a strategy [11:56] Impact of the bank holiday [14:25] Student loans are being packaged and sold to financial firms just like liar loans were [19:17] The federal government can nationalize your stock and bond portfolio a lot easier than your property [23:26] Turnover can be expensive, but keeping tenants for too long could mean your rents are too low [27:54] The longer your tenant is there the more they treat it like their own home [32:02] A recommendation to reduce your insurance prices Website: www.JasonHartman.com/Properties
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Jul 20, 2019 • 7min

CW Bonus: Guided Visualization #7

Visualization is an immensely powerful thing. What the mind can conceive and believe, the mind can achieve. Because of the power of visualization, Jason went and found an expert who can help real estate investors get in the right mindset and, hopefully, set you on a path to an even better portfolio and life. Today is the 7th installment of our guided visualization journey. Website: www.JasonHartman.com/Properties
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Jul 19, 2019 • 37min

1241 FBF: Client Case Study, Importance of Starting Young with Brandon Cook

Today's Flash Back Friday comes from Episode 971, originally published in March 2018. Jason Hartman starts off the show discussing how home sales are strong, even if they're a lagging indicator, and where exactly they're really taking off. Then Jason talks with client Brandon Cook, a young member of the Venture Alliance Mastermind, about his journey investing in real estate. Brandon is currently the owner of 6 properties and is looking forward to more, and talks about breaking through the initial hurdle of investing. Key Takeaways: [2:33] Home sales are very strong, but remember they lag [4:57] A suprise in the hottest housing market category [11:41] Jason's latest book recommendation: The Effective Executive Brandon Cook Interview: [16:35] Brandon discovered Creating Wealth and started listening at Episode 48 [22:05] The first one is always the hardest [30:41] What has Brandon learned on his investment journey [33:20] Introducing the Jr Venture Alliance Mastermind membership! Website: www.VentureAllianceMastermind.com www.JasonHartman.com/Properties The Effective Executive
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Jul 18, 2019 • 33min

1240: Investor Mindset & DuckDuckGo Founder, Super Thinking Mental Models & Traction, How Any Startup Explosive Growth by Gabriel Weinberg

Jason Hartman and Investment Counselor Adam start off today's show discussing the mindset of investors that needs to change. The whole idea of a "discount" isn't a reliable methodology for investors, things should be viewed in a win-win lense. Then Jason talks with Gabriel Weinberg, founder of DuckDuckGo and author of Traction: How Any Startup Can Achieve Customer Growth and Super Thinking: The Big Book of Mental Models, about how you can use some of the mental models to help you achieve the returns you desire. They also touch on the problem of achieving privacy in today's world and how DuckDuckGo helps in that. Key Takeaways: [3:31] As an investor you don't have to get things at a discount, you need to get them at fair prices [5:29] You don't necessarily get the fantastic deal the day you buy it, you get a good deal at the beginning and it becomes fantastic over time [8:14] Join Jason on the upcoming cruise Gabriel Weinberg Interview: [10:34] What is Super Thinking? [15:06] The Mental Model of Forcing Function [18:58] The model of Deliberate Practice [23:47] Beware of Hindsight Bias [27:35] To really get outsized returns you need to make a bet on the future Website: www.JasonHartman.com/Cruise www.SuperThinking.com www.Twitter.com/Yegg
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Jul 17, 2019 • 37min

1239: Real Estate Entrepreneur vs Investor with Gary Boomershine

Jason Hartman talks with Gary Boomershine, real estate coach, real estate investor and founder of REIvault, about the differences between real estate investors and a real estate entrepreneur, as well as ways that you can protect yourself from inflation. Gary and Jason discuss the great part of buy and hold investing and what Gary sees as the future for the economy and real estate. Key Takeaways: [2:51] What is a real estate investor? [6:50] Gary used to flip houses but now regrets every house he ever sold [12:07] Gary's experience as a hard money lender [18:15] Gary's take on the VRBO market [24:56] First position lending can be a hedge [30:54] Right now Gary's a bit pessimistic about the market and is taking some chips off the table, while some of his cohorts are going full in [33:21] The 3 areas Gary believes need to be very careful in today's market Website: www.JasonHartman.com/Vault www.JasonHartman.com/Properties
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Jul 16, 2019 • 32min

1238: How Fannie Mae & Freddie Mac Prop Up the Housing Market

Jason Hartman and Adam today break down a video about how Fannie Mae and Freddie Mac influence the housing market in the United States. While their publicly stated goal is to make housing in the country more affordable, are they really doing that? Listen in to find out. Key Takeaways: [1:49] Fannie Mae Going Away? [4:09] The idea that we need a high home ownership rate is a false idea [8:41] How Fannie Mae props up the housing market [13:24] Fannie & Freddie have a stated goal of making housing more affordable, but they don't do that at all [22:55] If you're investing for yield rather than capital gains, the price of the house has much less importance [26:01] The importance of sustainable investing Website: www.JasonHartman.com/Properties How Fannie & Freddie Prop Up America's Favorite Mortgage by Wall Street Journal
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Jul 15, 2019 • 31min

1237: Client Case Study: 12 Wisdom Nuggets for Finance & Life with Rabbi Evan Moffic

Jason Hartman talks with client Rabbi Evan Moffic about his current real estate investing. Evan owns several single family rentals and is currently purchasing a short-term rental new build in Florida. Jason and Evan discuss some real estate investing strategy and how Evan's faith comes in to play and what it's taught him. Key Takeaways: [3:11] Rabbi Evan is venturing into his first short-term rental [6:21] Why Evan started investing in real estate [10:42] The first time it's a mistake. The second time it's a decision. [19:10] A ratio for successful relationships [24:56] It's the context, not just the content [29:32] Real estate has massive inertia that's incredibly difficult to stop Website: www.JasonHartman.com/Properties
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Jul 13, 2019 • 6min

CW Bonus: Guided Visualization #6

Visualization is an immensely powerful thing. What the mind can conceive and believe, the mind can achieve. Because of the power of visualization, Jason went and found an expert who can help real estate investors get in the right mindset and, hopefully, set you on a path to an even better portfolio and life. Today is the 6th installment of our guided visualization journey. Website: www.JasonHartman.com/Properties

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