Creating Wealth Real Estate Investing & Income Property

If you are interested in growing your retirement money faster, reducing your risk paying less tax this episode is a must listen. You must align your interests with the financial institutions and the central banks as they are most powerful monetary entities in the world. As you build your income property portfolio you need to put your money in a retirement account which allows you to self-direct your funds without paying high taxes or penalties. The Solo 401k is a vehicle you can use to defer taxes and manage as a resource. Guest expert, Jeff Nabers, created the complete Solo 401k and designed an online tool so you can calculate possible risks before making major investment decisions.  

Key Takeaways:

[1:21] Financial institutions and central banks are the most powerful entities the human race has ever known and we should align our interests with them.

[6:50] Using the leverage of your 20% down on a property increases your power by 500%.

[8:35] The Newser Wells Fargo article: Details about the 185 million dollar fine.

[14:38] The Creating Wealth seminar is now part of the package available at Hartman Education.  

Jeff Nabers Guest Interview:

[16:35] The Solo 401k was based on the Pension Protection Act of 2006.

[18:39] The 3 main advantages of a Solo 401k.

[25:32] There are two qualifications which differentiate a Solo 401k from a traditional Roth IRA.  

[30:32] The Solo 401k allows you to invest $18,500 of your self-employment income.

[32:06] The IRS puts real estate investors in two categories one is a business and the other is a dealer.

[34:36] The rules of an IRA are much stricter than the rules of a Solo 401k.

Today’s episode focuses on our amazing digital future. Jason’s guest Professor Mark Skilton is a Professor of Practice and Information Systems at Warwick Business School. He is the  author of Building the Digital Enterprise: The Guide to Constructing Monetization Models Using Digital Technologies and other books and papers relating to digital ecosystems and architectures. He shares his expert opinion on the positive side of automation and digitization in future business models and how the real focus will be on expanding the customer experience through additional opportunities for engagement.  

Key Takeaways:

[1:13] Managing our language helps us to ‘relax” after dual live events.

[8:05] Self-management and managing property managers resources from the Phoenix event.

Professor Mark Skilton Guest Interview:

[10:13] A broad shift in automation and changing productivity will affect the entire dynamic of a marketplace.  

[15:54] The key difference is living in digitization is creating more value in an existing space.

[20:54] Augmenting and customizing the space is the real opportunity of digitization and artificial intelligence.

[23:31] Prof. Mark Skilton on how to see the future of automation in a positive light.

[26:28] Understanding the role of future technologies in the business model of the future.

[29:08] How to contact Prof. Mark Skilton and/or Warwick Business School.

[34:05] It’s all about reimagining the customer journey lifecycle.   

Mentioned in This Episode:

Today’s episode focuses on our amazing digital future. Jason’s guest Professor Mark Skilton is a Professor of Practice and Information Systems at Warwick Business School. He is the  author of Building the Digital Enterprise: The Guide to Constructing Monetization Models Using Digital Technologies and other books and papers relating to digital ecosystems and architectures. He shares his expert opinion on the positive side of automation and digitization in future business models and how the real focus will be on expanding the customer experience through additional opportunities for engagement.  

Key Takeaways:

[1:13] Managing our language helps us to ‘relax” after dual live events.

[8:05] Self-management and managing property managers resources from the Phoenix event.

Professor Mark Skilton Guest Interview:

[10:13] A broad shift in automation and changing productivity will affect the entire dynamic of a marketplace.  

[15:54] The key difference is living in digitization is creating more value in an existing space.

[20:54] Augmenting and customizing the space is the real opportunity of digitization and artificial intelligence.

[23:31] Prof. Mark Skilton on how to see the future of automation in a positive light.

[26:28] Understanding the role of future technologies in the business model of the future.

[29:08] How to contact Prof. Mark Skilton and/or Warwick Business School.

[34:05] It’s all about reimagining the customer journey lifecycle.   

Mentioned in This Episode:

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman talks about America’s growing role in this changing society, and makes particular note of the ever-increasing contributions of Generation Y.

Later, he invites Consuelo Mack of WealthTrack on to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.

Takeaways

04.35 – It’s looking more likely that technology will save the world, and that America will be the developer of that technology.

07.50 – If you’ve registered to attend the Creating Wealth Seminar, Today’s Economy Boot Camp and/or the Birmingham Property Tour, be sure to make your flight reservations as early as possible.

10.20 – If the New World Order really is the Old World Order, it means huge implications for America.

14.27 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world.

17.55 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole.

22.17 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us?

26.20 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference.

31.00 – Alternative investments are looking like an interesting option, but we still need to clarify all the details.

32.19 – For archived interviews and more information, head to www.WealthTrack.com

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman talks about America’s growing role in this changing society, and makes particular note of the ever-increasing contributions of Generation Y.

Later, he invites Consuelo Mack of WealthTrack on to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.

Takeaways

04.35 – It’s looking more likely that technology will save the world, and that America will be the developer of that technology.

07.50 – If you’ve registered to attend the Creating Wealth Seminar, Today’s Economy Boot Camp and/or the Birmingham Property Tour, be sure to make your flight reservations as early as possible.

10.20 – If the New World Order really is the Old World Order, it means huge implications for America.

14.27 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world.

17.55 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole.

22.17 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us?

26.20 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference.

31.00 – Alternative investments are looking like an interesting option, but we still need to clarify all the details.

32.19 – For archived interviews and more information, head to www.WealthTrack.com

Jason kicks off this episode with information about a major polluter in neighborhoods across the US and requests listener help in fighting the problem. And, today’s guest is a local market specialist in the Quad Cities area. The Quad Cities are located on the border of Illinois and Iowa, the midwest location affords a steady cash flow with a nominal initial cost for income property investors. The job market in the area is steady due to a major agricultural equipment supplier and a Federal arsenal supplying blue-collar incomes to thousands of families and the competitive climate of the private local banks allow investors to possess extensive property portfolios.

Key Takeaways:

[3:06] Be an activist listener and take a stand in your neighborhood by stopping the leaf blowers!

[8:09] The Quad Cities reside on the border of Iowa and Illinois.  

[9:35] Steady cash flow and a rigorous tenant screening program are a plus for investors.

[14:01] Mobility and financial immaturity are probable reasons for long term renting.

[16:47] A major agricultural equipment company and a federal arsenal are significant employers in the Quad Cities.

[23:20] An average property available in the Quad Cities and typical rehabilitation details.  

[26:49] This market specialist team manages the property in-house.

[32:09] The competitive local private banking climate in the Quad Cities is beneficial to investors with substantial portfolios.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Jason kicks off this episode with information about a major polluter in neighborhoods across the US and requests listener help in fighting the problem. And, today’s guest is a local market specialist in the Quad Cities area. The Quad Cities are located on the border of Illinois and Iowa, the midwest location affords a steady cash flow with a nominal initial cost for income property investors. The job market in the area is steady due to a major agricultural equipment supplier and a Federal arsenal supplying blue-collar incomes to thousands of families and the competitive climate of the private local banks allow investors to possess extensive property portfolios.

Key Takeaways:

[3:06] Be an activist listener and take a stand in your neighborhood by stopping the leaf blowers!

[8:09] The Quad Cities reside on the border of Iowa and Illinois.  

[9:35] Steady cash flow and a rigorous tenant screening program are a plus for investors.

[14:01] Mobility and financial immaturity are probable reasons for long term renting.

[16:47] A major agricultural equipment company and a federal arsenal are significant employers in the Quad Cities.

[23:20] An average property available in the Quad Cities and typical rehabilitation details.  

[26:49] This market specialist team manages the property in-house.

[32:09] The competitive local private banking climate in the Quad Cities is beneficial to investors with substantial portfolios.

Mentioned in This Episode:

Jason Hartman

Hartman Education

Today’s guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin’.  

Key Takeaways:

Harry Dent Guest Interview:

[5:07] Something for nothing is an unattainable goal. You can’t just print free money!

[6:10] Why doesn’t the US have significant inflation with the exorbitant amount of money creation?

[7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP!

[11:02] Banks create debt and then get free money. It will be painful, but necessary to deleverage the debt.  

[16:15] The everyday house is the best investment option when the bubble bursts.

[19:01] The uber rich will get slaughtered during the next debt bubble crisis.

[20:51] The wealthy Chinese will be are laundering money and buying US real estate.

[22:57] 240 million rural migrants are trapped in Chinese cities with no hope for the future.

[27:22] Fracking will be the next debt default in the US.

[28:45] Deflation is a sign a financial bubble is bursting.

[31:30] We are living in a Keynesian economy. We are addicted to financial drugs and we can’t kick the habit.

[33:12] Interest rates are going up for bonds and mortgage rate will come down.

Today’s guest, Harry Dent is the author of multiple financial books designed to help you keep your wealth. Harry predicts an upcoming deflationary period followed by a huge debt bubble burst in the US. He wholeheartedly agrees with Jason and says the everyday house is where your money should be if you are a real estate investor. The uber rich and the Chinese will be the losers in this economic downturn and Wall Street will slide under 6000 and Shanghai will hit 1000. Harry says the market needs a cleansing because without it the markets will falsely re-inflate themselves for the sixth time. Hold on tight investors times they are a changin’.  

Key Takeaways:

Harry Dent Guest Interview:

[5:07] Something for nothing is an unattainable goal. You can’t just print free money!

[6:10] Why doesn’t the US have significant inflation with the exorbitant amount of money creation?

[7:48] In the US from 1983 to 2008, private debt peaked at 42 trillion. The debt had grown for 25 years at 2.5 times faster than the GDP!

[11:02] Banks create debt and then get free money. It will be painful, but necessary to deleverage the debt.  

[16:15] The everyday house is the best investment option when the bubble bursts.

[19:01] The uber rich will get slaughtered during the next debt bubble crisis.

[20:51] The wealthy Chinese will be are laundering money and buying US real estate.

[22:57] 240 million rural migrants are trapped in Chinese cities with no hope for the future.

[27:22] Fracking will be the next debt default in the US.

[28:45] Deflation is a sign a financial bubble is bursting.

[31:30] We are living in a Keynesian economy. We are addicted to financial drugs and we can’t kick the habit.

[33:12] Interest rates are going up for bonds and mortgage rate will come down.

Joel Skousen is a survivalist author and retreat consultant. He’s the author of, “Strategic Relocation–North American Guide to Safe Places.” Skousen discusses how our world becoming less stable because of a coming shortage in commodities.

He then gives the best and easiest places to relocate to and how people can relocate if they have work or family ties. Last March, Joel walked away with just slight injuries from the crash of his Glasair kit plane. He shares that experience.

Key Takeaways:

(4:36) Introducing Joel Skousen

(7:17) On the derivatives markets

(12:32) The mechanism of hyperinflation

(21:02) Predictions for the economic future

(37:49) On the fake collapse of the Soviet Union

(42:49) Closing comments

Links

Find out more about Joel Skousen at www.joelskousen.com.

Also visit: www.worldaffairsbrief.com