Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 1003, originally published in May 2018.

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

Today's Flash Back Friday comes from Episode 1003, originally published in May 2018.

Jason Hartman kicks off the show with listener Nate and his mom discussing what was learned during the recent Creating Wealth seminar, as well as getting some tips about how to create long-term tenants who are understanding of rent increases.

Then Jason talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed.

Key Takeaways:

[5:01] If your tenants are there too long it might be a sign your rent is too low

[10:22] Some tips on long-term tenant retention

[14:49] Evictions don't just stem from not paying rent

John Tamny Interview:

[19:57] How Uber made John realizing something about the Fed

[23:40] The importance of the Fed is vastly overstated

[28:42] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[31:39] Demographic arguments regarding Japan don't hold a lot of weight with John

[35:26] Money flows to its highest use, regardless of the Fed

Website:

www.VentureAllianceMastermind.com

www.RealClearMarkets.com

What can you do when the government comes and seizes your assets? Jason Hartman and David Kirby, investigative journalist and author who was a regular contributor to The New York Times, Huffington Post and TakePart, and author of the new book When They Come For You, look into the practice of asset forfeiture, both civil and criminal. The two search for answers to the question of what regular citizens can do about the problem, as well as which states are really leading the charge in protecting their citizens.

Key Takeaways:

[1:40] Police departments have become the modern day debtors prison

[6:40] The issue of debtors prison goes far beyond just the person who's incarcerated

[10:10] The egregious action of civil forfeiture

[17:31] What we can do about asset forfeiture

[20:40] Nebraska and New Mexico now have no asset forfeiture and 15 states now require a criminal conviction

Website:

www.DavidKirbyAuthor.com

www.JasonHartman.com/Properties

What can you do when the government comes and seizes your assets? Jason Hartman and David Kirby, investigative journalist and author who was a regular contributor to The New York Times, Huffington Post and TakePart, and author of the new book When They Come For You, look into the practice of asset forfeiture, both civil and criminal. The two search for answers to the question of what regular citizens can do about the problem, as well as which states are really leading the charge in protecting their citizens.

Key Takeaways:

[1:40] Police departments have become the modern day debtors prison

[6:40] The issue of debtors prison goes far beyond just the person who's incarcerated

[10:10] The egregious action of civil forfeiture

[17:31] What we can do about asset forfeiture

[20:40] Nebraska and New Mexico now have no asset forfeiture and 15 states now require a criminal conviction

Website:

www.DavidKirbyAuthor.com

www.JasonHartman.com/Properties

What can you do when the government comes and seizes your assets? Jason Hartman and David Kirby, investigative journalist and author who was a regular contributor to The New York Times, Huffington Post and TakePart, and author of the new book When They Come For You, look into the practice of asset forfeiture, both civil and criminal. The two search for answers to the question of what regular citizens can do about the problem, as well as which states are really leading the charge in protecting their citizens.

Key Takeaways:

[1:40] Police departments have become the modern day debtors prison

[6:40] The issue of debtors prison goes far beyond just the person who's incarcerated

[10:10] The egregious action of civil forfeiture

[17:31] What we can do about asset forfeiture

[20:40] Nebraska and New Mexico now have no asset forfeiture and 15 states now require a criminal conviction

Website:

www.DavidKirbyAuthor.com

www.JasonHartman.com/Properties

Jason Hartman starts today's show examining a PBS News Hour story about the legacy of Paul Volcker. As you know, Volcker passed away recently, but the impact he had on multiple presidents still resounds.

Then Jason talks with Rabbi Evan Moffic about where we might be in the business cycle as we continue moving along in the longest economic recovery in recent history.

Key Takeaways:

[5:47] PBS News Hour story on Paul Volcker

[9:10] Reagan's business plan was to put the Soviet Union out of business, and running up the deficit didn't cause the inflation everyone expected

[16:42] The next recession will not be real estate led

[19:39] The recovery didn't hit "par" from the Great Recession until 2013, so it's not quite so surprising we haven't had a recession in a decade

Website:

www.JasonHartman.com/Properties

Remembering former Fed chair and economic giant Paul Volcker

Jason Hartman starts today's show examining a PBS News Hour story about the legacy of Paul Volcker. As you know, Volcker passed away recently, but the impact he had on multiple presidents still resounds.

Then Jason talks with Rabbi Evan Moffic about where we might be in the business cycle as we continue moving along in the longest economic recovery in recent history.

Key Takeaways:

[5:47] PBS News Hour story on Paul Volcker

[9:10] Reagan's business plan was to put the Soviet Union out of business, and running up the deficit didn't cause the inflation everyone expected

[16:42] The next recession will not be real estate led

[19:39] The recovery didn't hit "par" from the Great Recession until 2013, so it's not quite so surprising we haven't had a recession in a decade

Website:

www.JasonHartman.com/Properties

Remembering former Fed chair and economic giant Paul Volcker

Jason Hartman starts today's show examining a PBS News Hour story about the legacy of Paul Volcker. As you know, Volcker passed away recently, but the impact he had on multiple presidents still resounds.

Then Jason talks with Rabbi Evan Moffic about where we might be in the business cycle as we continue moving along in the longest economic recovery in recent history.

Key Takeaways:

[5:47] PBS News Hour story on Paul Volcker

[9:10] Reagan's business plan was to put the Soviet Union out of business, and running up the deficit didn't cause the inflation everyone expected

[16:42] The next recession will not be real estate led

[19:39] The recovery didn't hit "par" from the Great Recession until 2013, so it's not quite so surprising we haven't had a recession in a decade

Website:

www.JasonHartman.com/Properties

Remembering former Fed chair and economic giant Paul Volcker

Jason Hartman starts today's episode from the Ritz-Carlton in Key Biscane, FL. He has created a new ratio for you to think about that can be put alongside the Rent-to-Value Ratio and all the other ones Jason has coined. Then he explores the concept of the unemployment rate versus the labor participation rate, the differences between them and what that means.

Then investment counselor Adam joins Jason to discuss a property in Mobile, AL and also to look at the growing wages in specialized blue collar jobs. The two explore how this will impact real estate values and what it could mean to 4 year colleges.

Key Takeaways:

[5:06] Jason's newest ratio

[8:52] Unemployment Rate vs Labor Participation Rate

[13:32] The discouraged worker skews unemployment stats

[15:02] A property profile in Mobile, AL

[18:56] Blue collar wages are enticing people away from 4 year colleges

[24:28] How rising blue college wages rising could impact real estate and the cost of repairs to our investment properties

Website:

www.JasonHartman.com/Properties

The Unemployment Rate and the Labor Force Participation Rate Compared in One Minute

Is the Unemployment Rate Lying to You?

Jason Hartman starts today's episode from the Ritz-Carlton in Key Biscane, FL. He has created a new ratio for you to think about that can be put alongside the Rent-to-Value Ratio and all the other ones Jason has coined. Then he explores the concept of the unemployment rate versus the labor participation rate, the differences between them and what that means.

Then investment counselor Adam joins Jason to discuss a property in Mobile, AL and also to look at the growing wages in specialized blue collar jobs. The two explore how this will impact real estate values and what it could mean to 4 year colleges.

Key Takeaways:

[5:06] Jason's newest ratio

[8:52] Unemployment Rate vs Labor Participation Rate

[13:32] The discouraged worker skews unemployment stats

[15:02] A property profile in Mobile, AL

[18:56] Blue collar wages are enticing people away from 4 year colleges

[24:28] How rising blue college wages rising could impact real estate and the cost of repairs to our investment properties

Website:

www.JasonHartman.com/Properties

The Unemployment Rate and the Labor Force Participation Rate Compared in One Minute

Is the Unemployment Rate Lying to You?