American Monetary Association

Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.

Key Takeaways:

[2:15] Compound interest can be a powerful tool against inflation.

[7:57] Engineers take an analytical approach to investing.

[10:07] After 18 years, $100,000 grow to 14 million.

[17:28] Jason explains a Deferred Sales Trust.

[21:24] If you are on the fence about investing talk with an investment counselor.

[32:18] Asset Protection is a complicated subject you should speak with a lawyer about.

[41:43] Resources for tax help.

Website:

www.JasonHartman.com/Properties

Meet the Masters of Income Property 2018

www.RealEstateTools.com

Compound Interest Calculator

"Opportunity cost is a cost most people don’t evaluate."

"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."

Jason Hartman talks with Bob Sutton, author of The A**hole Survival Guide: How to Deal with People Who Treat You Like Dirt, about how to deal with people who are a consistent bear and you can't avoid completely.

Sutton studies organizational change, leadership, innovation, and workplace dynamics. He has published over 150 articles and chapters in peer-reviewed journals, management outlets such as Harvard Business Review and the McKinsey Quarterly, and news outlets including The New York Times, Financial Times, and Wall Street Journal. His books include Weird Ideas That Work, The Knowing-Doing Gap (with Jeffrey Pfeffer), and Hard Facts, Dangerous Half-Truths, and Total Nonsense (with Jeffrey Pfeffer).

Key Takeaways:

[1:33] The reaction Robert got from his first book on "jerks"

[5:20] Some people seem to enjoy being mean down to their core, what does Robert make of the idea that women are attracted to bad boys like that?

[8:51] The "rhythym method" of dealing with jerks

[12:20] How you can pick the right time to fight back against jerks

[16:27] We're all slow to notice our own weaknesses

Website:

www.BobSutton.net

www.Twitter.com/Work_Matters

Jason Hartman talks with Bob Sutton, author of The A**hole Survival Guide: How to Deal with People Who Treat You Like Dirt, about how to deal with people who are a consistent bear and you can't avoid completely.

Sutton studies organizational change, leadership, innovation, and workplace dynamics. He has published over 150 articles and chapters in peer-reviewed journals, management outlets such as Harvard Business Review and the McKinsey Quarterly, and news outlets including The New York Times, Financial Times, and Wall Street Journal. His books include Weird Ideas That Work, The Knowing-Doing Gap (with Jeffrey Pfeffer), and Hard Facts, Dangerous Half-Truths, and Total Nonsense (with Jeffrey Pfeffer).

Key Takeaways:

[1:33] The reaction Robert got from his first book on "jerks"

[5:20] Some people seem to enjoy being mean down to their core, what does Robert make of the idea that women are attracted to bad boys like that?

[8:51] The "rhythym method" of dealing with jerks

[12:20] How you can pick the right time to fight back against jerks

[16:27] We're all slow to notice our own weaknesses

Website:

www.BobSutton.net

www.Twitter.com/Work_Matters

Adam Kokesh is an American libertarian who plans to run on the ticket for the 2020 election. His platform calls for a "new American revolution" and has announced plans to run with an eye on the "orderly dissolution of the federal government." His 2014 book FREEDOM! outlines his beliefs and philosophy.

Jason Hartman and Adam discuss his libertarian beliefs, and what exactly a dissolution of the federal government would look like, and if it's even feasible.

Key Takeaways:

[0:53] Who really needs government

[4:10] The great lie behind government

[7:52] How to go about cutting the size of government while maintaining order

[12:10] How you can minimize violence and theft by eliminating government and police

[16:46] Adam's proposed dissolution of the federal government

[17:40] The only executive order Adam would sign as President

Website:

www.TheFreedomLine.com

www.KokeshForNotPresident.com

Adam Kokesh is an American libertarian who plans to run on the ticket for the 2020 election. His platform calls for a "new American revolution" and has announced plans to run with an eye on the "orderly dissolution of the federal government." His 2014 book FREEDOM! outlines his beliefs and philosophy.

Jason Hartman and Adam discuss his libertarian beliefs, and what exactly a dissolution of the federal government would look like, and if it's even feasible.

Key Takeaways:

[0:53] Who really needs government

[4:10] The great lie behind government

[7:52] How to go about cutting the size of government while maintaining order

[12:10] How you can minimize violence and theft by eliminating government and police

[16:46] Adam's proposed dissolution of the federal government

[17:40] The only executive order Adam would sign as President

Website:

www.TheFreedomLine.com

www.KokeshForNotPresident.com

If you want an early peak into a respected year end review, then you need to listen to what Professor David Collum has to tell Jason Hartman. The two discuss the dangerous situation that's being created by entities like the Fed and our own government that will lead to disasterous implications. The problem is, nobody knows when the can will be allowed to stop. We've been able to stave it off for years now, but the bill will come due at some point.

The two also look into the idea of "free speech" on college campuses and how to solve the intolerance shown by the left in that regard, as well as why Warren Buffett continues to lie about the equity market.

Key Takeaways:

[2:36] The merits of price gouging, and why price gouging laws are destructive

[5:40] The issue of free speech on college campuses, and whether it actually exists today

[10:11] If you want to solve the issue with students shouting down speakers, the administrators need to grow a backbone and punish the violators

[13:29] The metrics that show if equities are overpriced are fraudulent

"We shouldn't progress to the mean, we should regress to it, and that gets you to 60-70% regression."

[15:40] David is looking at a 50-70% reduction in the equities market

[18:50] What would happen to the economy if the Fed actually raised rates to something like 4%, and why it's a completely different world than when Voelker gave the economy its "hard medicine"

"Overvaluation is appreciation pulled forward, and undervaluation is deferred appreciation"

[22:40] Warren Buffett is a massive insider who likes to lie about the state of the market

Website:

www.Twitter.com/DavidBCollum

David Collum's Cornell Faculty Page

David's Previous Year End Reviews

If you want an early peak into a respected year end review, then you need to listen to what Professor David Collum has to tell Jason Hartman. The two discuss the dangerous situation that's being created by entities like the Fed and our own government that will lead to disasterous implications. The problem is, nobody knows when the can will be allowed to stop. We've been able to stave it off for years now, but the bill will come due at some point.

The two also look into the idea of "free speech" on college campuses and how to solve the intolerance shown by the left in that regard, as well as why Warren Buffett continues to lie about the equity market.

Key Takeaways:

[2:36] The merits of price gouging, and why price gouging laws are destructive

[5:40] The issue of free speech on college campuses, and whether it actually exists today

[10:11] If you want to solve the issue with students shouting down speakers, the administrators need to grow a backbone and punish the violators

[13:29] The metrics that show if equities are overpriced are fraudulent

"We shouldn't progress to the mean, we should regress to it, and that gets you to 60-70% regression."

[15:40] David is looking at a 50-70% reduction in the equities market

[18:50] What would happen to the economy if the Fed actually raised rates to something like 4%, and why it's a completely different world than when Voelker gave the economy its "hard medicine"

"Overvaluation is appreciation pulled forward, and undervaluation is deferred appreciation"

[22:40] Warren Buffett is a massive insider who likes to lie about the state of the market

Website:

www.Twitter.com/DavidBCollum

David Collum's Cornell Faculty Page

David's Previous Year End Reviews

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don't directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents.

Key Takeaways:

[3:41] What does the spike in interest rates mean for investors?

[9:55] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[14:05] Local Market Specialists and Investment Counselors are always working in the client's best interest.

[23:29] It's important to get pre-approved for financing in today's seller's market.

[24:58] Jason hints about the location for the next Venture Alliance Mastermind.

Website:

www.JasonHartman.com/Properties

Grant's Interest Rate Observer

www.VentureAllianceMastermind.com

***The Property Tour Referenced in This Episode Has Passed***

"The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents.

Key Takeaways:

[3:41] What does the spike in interest rates mean for investors?

[9:55] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[14:05] Local Market Specialists and Investment Counselors are always working in the client’s best interest.

[23:29] It’s important to get pre-approved for financing in today’s seller’s market.

[24:58] Jason hints about the location for the next Venture Alliance Mastermind.

Website:

www.JasonHartman.com/Properties

Grant's Interest Rate Observer

www.VentureAllianceMastermind.com

***The Property Tour Referenced in This Episode Has Passed***

"The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."

Tyler Sheff, host of the Cash Flow Guys podcast, invited Jason Hartman on his show to discuss the different market types in the USA, and got some tips on remote managing as well. Jason explains that the stigma behind buying homes sight unseen, as well as self managing properties a thousand miles away, has abated some due to the wonders of technology.

Key Takeaways:

[1:56] What Jason learned when he owned properties in 11 states

[6:52] Whether Tampa is a linear, hybrid, or cyclical market

[11:18] Our brains relation to the number 3 and how it relates to Jason's diversification strategy

[15:57] Jason's experience of beginning to self manage his remote properties

[18:30] When tenants are connected directly rather than through a property manager they tend to take care of more things themselves

[23:32] The need for standardized data when evaluating properties

Website:

Meet the Masters 2018

www.RealEstateTools.com

www.CashFlowGuys.com