Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman
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Mar 6, 2017 • 46min

CW 800 - Grant Cardone - The 10X Rule

Jason's guest is the larger than life, Grant Cardone. Grant is a firm believer in 'it's not what you know, it's who you know'. Grant explains the inspiration behind his book, The 10X Rule, his strategy behind getting the life you want and why becoming rich is the only safe haven in today's world. Grant recommends making your goals ten times bigger than they currently are and being willing to do whatever it takes to get what you want. Grant is a New York Times bestselling author, Executive Producer of the reality show, Turnaround King and Host of the Cardone Zone. Key Takeaways: [2:26] Venture Alliance Mastermind details. [7:54] Jason and Naresh discuss the impact the self-driving car will have on real estate. Grant Cardone Guest Interview: [20:00] Grant's new venture Act Like Success is based on committing first and figure the rest out later. [25:22] The 10X Rule is based on a concept that the goals, targets and actions people are making are low based on their potential. [27:37] How to stay excited and make your goals 10X. [29:27] Breaking free of middle-class thinking. [36:47] Find power in who you know not what you know. [41:13] You have to do whatever it takes! Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Grant Cardone Tired of Missing Sales Cardone University @grantcardone on Twitter
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Mar 4, 2017 • 57min

CW 799 FBF - Defending Investments Against the Demons of Risk and Inflation with Doug Utberg

The world of investing involves many considerations. Chief among these are the two "Demons" of investing that must both be defeated in order to realize success. The first demon is risk, and the second is inflation. Risk comes from the fact that future returns are uncertain, and it is not possible to foresee all future events. Investments that seem 'safe' may turn out to have hidden dangers that we did not notice. Risk can never be eliminated, it can only be managed. The best way to do this is by properly diversifying your investments so that they are not all subject to the same market shocks. The second demon of investing is inflation. Inflation is especially difficult because it erodes the value of your dollars. Defeating the demon of inflation requires investment in multi-dimensional assets that are optimized to defeat inflation. Income properties meet this criteria well because the property itself holds real value by nature of the replacement cost of the structure, the loan allows you to have a fixed cost of capital for three decades, and the cash flow is pushed up by inflation while you cost structure remains flat because of the fixed-rate financing.
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Mar 2, 2017 • 31min

CW 798 - Thomas J. Anderson - The Value of Debt, How to Manage Both Sides of a Balance Sheet to Maximize Wealth & The Value of Debt in Building Wealth, Supernova Companies

Thomas J. Anderson joins Jason to discuss the value of debt. Mr. Anderson is the Founder and CEO of Supernova Companies and author of The Value of Debt series of books. He has broken down life into four financial stages and gives his recommendations for the amount of debt a person should have at each stage to reach a balance between life span and money span. Mr. Anderson says too many people take on oppressive debt too early in life and the right amount of debt can be a powerful tool. Key Takeaways: [1:55] Details of the upcoming Venture Alliance Mastermind in Las Vegas and the Memphis Property Tour. Thomas J. Anderson Guest Interview: [5:26] All debt is not created equal. [6:53] Companies have optimal debt ratios because they value the liquidity, the flexibility and the tax benefits of their strategic debt. [8:43] Thomas describes the 4 stages of life and the optimal debt recommended for each. [18:04] People need inflation, appreciation and income on assets working for them over a 30-year period of time. [20:29] Real estate investors should learn the game of staying power. [22:13] During economic downturns, those with more debt benefit the most. [26:33] Debt structured the right way eliminates the need for massive returns. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind The Value of Debt Supernova Companies The Value of Debt: How to Manage Both Sides of a Balance Sheet to Maximize Wealth
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Feb 27, 2017 • 49min

CW 797 - Jason Hartman ASSET MATRIX INFLATION vs DEFLATION

Single-family homes sales rose in January. This has made income property inventory low. You can find out which properties are available in the sought after Memphis market by joining Jason during the upcoming property tour and Creating Wealth Seminar. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration. Key Takeaways: [1:43] National Association of Realtor's article about home sales in January. [5:11] Single-family homes sales are up and inventory is low. [8:36] The Trump administration is a boon for the economy. [9:21] A Goldman Sachs report says interest rates will rise. [15:46] Venture Alliance Weekend and Memphis Property Tour details and dates. ASSET MATRIX - Recording from Phoenix Live Event [18:14] Inflation induced debt destruction by way of a mortgage. [20:21] Jason explains how the government manipulates inflation numbers through hedonic adjustment. [27:49] The ultimate investing equation. [35:08] Anything that does not produce income is not an investment. [36:59] Cash and bonds are destroyed by inflation. [39:01] The IRS does not account for inflation. [42:15] During deflationary periods people default on their loans. [44:38] If you have a corporate job you are paying more taxes than the self-employed. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Longevity and Biohacking Show
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Feb 24, 2017 • 56min

CW 796 FBF - First-Time Landlord's Guide to Renting a Single-Family Home with Author & Attorney Janet Portman

On this episode of the Creating Wealth Show, Jason Hartman talks with author and editor, Janet Portman, about becoming a landlord. Whether or not you call yourself a "landlord," when you rent out a house, you'll want to do it right! Ninety percent of small properties are owned by individual landlords, and millions in this group are balancing their landlord responsibilities with their daytime careers. Tune in as Jason and Janet discuss everything from landlord business basics and finding good tenants, to complying with applicable rental laws and dealing with problem tenants. Janet Portman, author, attorney, and nationally recognized specialist in landlord/tenant law, is managing editor at Nolo, the nation's recognized leader in providing legal information for consumers and small businesses. Portman oversees editorial work on all Nolo books and software. She is the author or co-author of Every Landlord's Legal Guide, Every Tenant's Legal Guide, and LeaseWriter Plus software, plus six other books, all published by Nolo. As an expert in legal issues related to landlords and tenants, Portman has appeared on national television and radio and has been quoted in the New York Times, Wall Street Journal, Kiplinger's, Smart Money, the Los Angeles Times, and other publications. She has also spoken on related topics such as disputes involving neighbors and pets. Before joining Nolo in 1994, Portman was a public defender for the California State Public Defender's office, representing clients at the trial, appellate, and state Supreme Court levels. Portman received undergraduate and graduate degrees from Stanford University and a law degree from Santa Clara University.
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Feb 22, 2017 • 45min

CW 795 - Julie Benezet - RE Investors Need To Know How Amazon.com Picks Distribution Center Locations, The Journey of Not Knowing, How 21st Century Leaders Can Chart a Course Where There Is None

Jason shares the details for the Creating Wealth Seminar and Property Tour in Memphis, the Venture Alliance Mastermind in Las Vegas and what not to buy from your favorite local coffee shop before introducing guest, Julie Benezet. Julie is the Founder and Managing Principal of Business Growth Consultants and former Director of Global Real Estate at Amazon.com. She joins Jason to give us a behind the curtain look at Amazon's fascinating build out and philosophy. Julie also shares key points from her new book, The Journey of Not Knowing: How 21st Century Leaders Can Chart a Course Where There is None. Key Takeaways: [1:42] Jason wants you to live long enough to enjoy the fruits of your investments. [5:28] A Creating Wealth Seminar and Property Tour is set for the end of March in Memphis, TN. [6:49] Harry Dent has made some crazy predictions and will come back on the show to explain them. [13:30] Information for the Venture Alliance Mastermind: Your Financial Friends event in Las Vegas. Julie Benezet Guest Interview: [17:01] Julie details her business planning efforts at Amazon.com. [21:55] Amazon's 'Get Big Fast' mantra required employees who knew the rules of distribution. [24:40] How Amazon chose locations for their fulfillment centers. [28:17] Unpacking Julie's book to understand the 4 steps required to do business in the 21st century. [34:59] Julie reviews the 4 steps. [35:56] Germany was the location of Julie's defining moment as a leader. [42:35] Pay attention to your customers! Mentioned in This Episode: Jason Hartman Creating Wealth Seminar and Property Tour in Memphis Venture Alliance Mastermind JHart88 on Voxer Foundation for Economic Education Business Growth Consulting The Journey of Not Knowing
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Feb 21, 2017 • 48min

CW 794 - Better Financing! Swanky New Fannie Mae Rules Give You More Leverage

Jason details an exclusive new financing option for income property investors which is now available as it has never been a better time to lock in a rate. Trump, the first real estate president, may be good for business but he will usher in inflation and rising interest rates. Also, Joe describes the changes Fannie Mae recently announced. They are now allowing investors to put 20% down on their first 10 properties, but with caveats. The important thing to remember is that once you own the property you have options. Key Takeaways: [3:03] Details for the next Venture Alliance Mastermind in Las Vegas. [5:02] An exclusive financing offer for income property investors. [8:02] Owning the paper and being the lender is Jason's second favorite asset. [17:07] When you are a real estate investor your tenant is your customer. [18:01] Jawad Mian writes "Check your biases at the door; Trump is good for business." [21:44] Vancouver, British Columbia is experiencing a bubble, sales have plummeted by 40%. [26:15] Fannie Mae allows borrowers to put 20% down or the first 10 properties. [28:28] Interest rates are rising so lock the rate on your property rate now. [33:22] 85-90 days in the maximum time to lock in a rate. [34:53] Joe explains loan level price adjustments to rate. [37:07] The Trump administration may replace the head of the Consumer Financial Protection Bureau. [42:00] The ease or difficulty of qualifying for a loan. Mentioned in This Episode: Jason Hartman Venture Alliance Mastermind Stray Reflections by Jawad Mian
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Feb 17, 2017 • 50min

CW 793 - FBF - How To Profit From Borrowing & A Discussion on Inflation and Rising Food Prices

Jason reveals how you can actually profit from prudent borrowing. Then Jason and Ben, a local businessman and caterer, discuss inflation and rising food prices.
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Feb 15, 2017 • 50min

CW 792 - Nathan Miller - Property Management, Self Management, Tenant Screening & Rent Collection Software Rentec Direct

Jason seeks to empower his investors with tools to assist them with self-managing their properties. The team offers complete solutions including inventory, property management tools and now exclusive financing with terms you will appreciate. Jason's guest today is the founder of Rentec Direct, Nathan Miller. Nathan says his company is a client-focused program with a sweet spot of investors with 2-20 income properties.Tenant screening, automated payments and a property manager access option makes the tool accessible and easy to use. Key Takeaways: [1:38] Investor empowerment allows investors to control things in a positive way. [4:09] The 3 major problems stemming from relinquishing control. [5:55] The pathetic banks charge countless fees and don't even pay interest anymore. [20:38] Ask your Investment Counselor about our exclusive financing with reasonable fees. Nathan Miller Guest Interview [25:07] Rentec Direct's average client is an investor with 2-20 properties. [27:06] The Rentec tool is designed to make a landlord's life easier. [32:16] Tenant screening is via Trans-Union. [37:13] Rentec PM has the option to open an owner/investors portal and is 20% more. [41:42] What differentiates Rentec Direct from their competition? [47:17] Live chat support is available within the program. Mentioned in This Episode: Jason Hartman Cozy Rentec Direct
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Feb 14, 2017 • 37min

CW 791 - 4 Options For Property Management, Client Case Study Muthiah Nachiappan

Jason welcomes Muthiah Nachiappan to the show. Muthiah is a client with 9 properties and an avid property management contract reader. He discusses his self-designed Property Management Survey, the garbage fees most property owners pay but don't question and how he became interested in income properties. For property owners, Jason shares 4 options for property management and then the 3 options property management companies have if they want to stay in business and service their customers. Key Takeaways: [2:44] Property Management contracts always favor the person who is drafting them. [4:06] Jason wants to disrupt the property management business through self-management, a la carte services and flat fee property management. [7:38] How Muthiah get interested in income properties. [11:28] Muthiah explains his Property Management Survey. [16:01] A flat fee system gives the property manager an agreed upon percentage of any money that comes in. [21:30] These 4 options for property management should be available to every property owner. [26:52] Property management companies need to change their business model to provide a hybrid option. [31:21] Let your property management company know that you are an educated and aware investor. [33:48] Muthiah shares his future investment plans and his retirement objectives. Mentioned in This Episode: Jason Hartman

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