Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 948, originally published in January 2018.

Jason Hartman finishes up his conversation about asset protection with Garrett Sutton. The two delve into the external threats to your portfolios this time, looking at how to properly protect your properties if lawsuits come toward you.

Garrett also explains when you would want to take an LLC over a corporation, what states are best for protecting you, what actions are being taken to weaken LLCs across the nation, and why doing more than the law stipulates can be a very good, very easy thing.

Key Takeaways:

[2:38] Photos from Meet the Masters are up at www.JasonHartman.com/Photos

Garrett Sutton Interview:

[7:31] Two areas where Jason sees real estate creating liabilities for the owner: fair housing and safety

[11:47] The external threat is the biggest threat for your assets

[13:47] Breaking down Slide #6

[17:54] What you need when you domesticate a judgement

[20:02] It's a good idea to have yearly meetings for your LLC even if your state doesn't require it

[22:13] States that have good asset protection for LLCs and corporations

[24:21] Why an LLC over a Corporation

[27:59] Some states are not providing asset protection for single member LLCs

[31:59] Garrett's $100 off deal for Jason's listeners

Website:

Get Garrett Sutton’s Slides here

www.JasonHartman.com/Properties

www.CorporateDirect.com

Today's Flash Back Friday comes from Episode 948, originally published in January 2018.

Jason Hartman finishes up his conversation about asset protection with Garrett Sutton. The two delve into the external threats to your portfolios this time, looking at how to properly protect your properties if lawsuits come toward you.

Garrett also explains when you would want to take an LLC over a corporation, what states are best for protecting you, what actions are being taken to weaken LLCs across the nation, and why doing more than the law stipulates can be a very good, very easy thing.

Key Takeaways:

[2:38] Photos from Meet the Masters are up at www.JasonHartman.com/Photos

Garrett Sutton Interview:

[7:31] Two areas where Jason sees real estate creating liabilities for the owner: fair housing and safety

[11:47] The external threat is the biggest threat for your assets

[13:47] Breaking down Slide #6

[17:54] What you need when you domesticate a judgement

[20:02] It's a good idea to have yearly meetings for your LLC even if your state doesn't require it

[22:13] States that have good asset protection for LLCs and corporations

[24:21] Why an LLC over a Corporation

[27:59] Some states are not providing asset protection for single member LLCs

[31:59] Garrett's $100 off deal for Jason's listeners

Website:

Get Garrett Sutton's Slides here

www.JasonHartman.com/Properties

www.CorporateDirect.com

In this off-topic 10th episode, Jason Hartman spends some time analyzing the power of the brain and what our brain does to protect ourselves and allow us to function in our day to day life. He also lays down a challenge for all listeners in order to figure out what's important to us all.

Then Jason talks with Lawrence Susskind, Ford Professor of Environmental & Urban Planning at MIT and Vice-Chair of the Program on Negotiation at Harvard Law School and author of Entrepreneurial Negotiation: Understanding and Managing The Relationships That Determine Your Entrepreneurial Success, about what urban development means in today's age and ideas coming up that can help alleviate many of our city's difficulties.

Jason and Lawrence also discuss the importance of negotiation and the mindset you must have whenever you enter into them. Many people's attitudes these days are skewed toward doing what's best for themselves, and Lawrence explains why that's wrong and why the methods we're trying to use for negotiations are all wrong.

Key Takeaways:

[4:25] Always be trying to strengthen your attention muscle

[7:15] Our brains are phenomenal at denying we're going to die, which allows us to function

[13:59] Jason actually did an assignment that a professor gave in the 1988 movie Cocktail

[19:20] What if we embraced life and brought our A game every day rather than thinking death was some thing way off we don't need to worry about?

Lawrence Susskind Interview:

[24:05] The art of urban planning and its changing nature

[27:06] Cities are going through a process of change and we're likely to see big cities continuing to spread rather than becoming denser

[32:09] Some ideas for the future on how to reduce or eliminate traffic

[36:47] The single most important thing to becoming a better negotiator

[41:49] You need to know the other party's options so that you can know where you stand in negotiations

[45:42] How negotiation can make you a better leader

[50:10] We need to stop thinking that text based communication can be a way to run a business

Website:

www.EntrepreneurialNegotiation.com

www.LawrenceSusskind.mit.edu

www.JasonHartman.com/Properties

In this off-topic 10th episode, Jason Hartman spends some time analyzing the power of the brain and what our brain does to protect ourselves and allow us to function in our day to day life. He also lays down a challenge for all listeners in order to figure out what's important to us all.

Then Jason talks with Lawrence Susskind, Ford Professor of Environmental & Urban Planning at MIT and Vice-Chair of the Program on Negotiation at Harvard Law School and author of Entrepreneurial Negotiation: Understanding and Managing The Relationships That Determine Your Entrepreneurial Success, about what urban development means in today's age and ideas coming up that can help alleviate many of our city's difficulties.

Jason and Lawrence also discuss the importance of negotiation and the mindset you must have whenever you enter into them. Many people's attitudes these days are skewed toward doing what's best for themselves, and Lawrence explains why that's wrong and why the methods we're trying to use for negotiations are all wrong.

Key Takeaways:

[4:25] Always be trying to strengthen your attention muscle

[7:15] Our brains are phenomenal at denying we're going to die, which allows us to function

[13:59] Jason actually did an assignment that a professor gave in the 1988 movie Cocktail

[19:20] What if we embraced life and brought our A game every day rather than thinking death was some thing way off we don't need to worry about?

Lawrence Susskind Interview:

[24:05] The art of urban planning and its changing nature

[27:06] Cities are going through a process of change and we're likely to see big cities continuing to spread rather than becoming denser

[32:09] Some ideas for the future on how to reduce or eliminate traffic

[36:47] The single most important thing to becoming a better negotiator

[41:49] You need to know the other party's options so that you can know where you stand in negotiations

[45:42] How negotiation can make you a better leader

[50:10] We need to stop thinking that text based communication can be a way to run a business

Website:

www.EntrepreneurialNegotiation.com

www.LawrenceSusskind.mit.edu

www.JasonHartman.com/Properties

In this off-topic 10th episode, Jason Hartman spends some time analyzing the power of the brain and what our brain does to protect ourselves and allow us to function in our day to day life. He also lays down a challenge for all listeners in order to figure out what's important to us all.

Then Jason talks with Lawrence Susskind, Ford Professor of Environmental & Urban Planning at MIT and Vice-Chair of the Program on Negotiation at Harvard Law School and author of Entrepreneurial Negotiation: Understanding and Managing The Relationships That Determine Your Entrepreneurial Success, about what urban development means in today's age and ideas coming up that can help alleviate many of our city's difficulties.

Jason and Lawrence also discuss the importance of negotiation and the mindset you must have whenever you enter into them. Many people's attitudes these days are skewed toward doing what's best for themselves, and Lawrence explains why that's wrong and why the methods we're trying to use for negotiations are all wrong.

Key Takeaways:

[4:25] Always be trying to strengthen your attention muscle

[7:15] Our brains are phenomenal at denying we're going to die, which allows us to function

[13:59] Jason actually did an assignment that a professor gave in the 1988 movie Cocktail

[19:20] What if we embraced life and brought our A game every day rather than thinking death was some thing way off we don't need to worry about?

Lawrence Susskind Interview:

[24:05] The art of urban planning and its changing nature

[27:06] Cities are going through a process of change and we're likely to see big cities continuing to spread rather than becoming denser

[32:09] Some ideas for the future on how to reduce or eliminate traffic

[36:47] The single most important thing to becoming a better negotiator

[41:49] You need to know the other party's options so that you can know where you stand in negotiations

[45:42] How negotiation can make you a better leader

[50:10] We need to stop thinking that text based communication can be a way to run a business

Website:

www.EntrepreneurialNegotiation.com

www.LawrenceSusskind.mit.edu

www.JasonHartman.com/Properties

Jason Hartman and Adam come together to discuss an article from the Drudge Report about the big cities losing workers by the hundreds, as well as a Business Insider article looking at the number of Millennial Millaires and where they're located around the country. Jason and Adam explore what these trends and stats mean to real estate values and what real estate investors can do with that information. Plus, Jason brings an unbelievable property to the show for you, what's the catch???

Key Takeaways:

[2:55] Big name cities are losing people in the 150-300 per day range

[6:39] A mass exodus to rural areas needs companies to embrace 100% remote working at a higher level

[10:19] A property comparison

[17:55] Don't just pay things because someone sends you an invoice. Make sure it's legitimate and the best price possible

[24:49] Where are the Millennial Millionaires and what's their wealth worth?

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Drudge Report: Biggest Cities Losing Workers

Business Insider: Top 10 States Where Millennial Millionaires Live

Jason Hartman and Adam come together to discuss an article from the Drudge Report about the big cities losing workers by the hundreds, as well as a Business Insider article looking at the number of Millennial Millaires and where they're located around the country. Jason and Adam explore what these trends and stats mean to real estate values and what real estate investors can do with that information. Plus, Jason brings an unbelievable property to the show for you, what's the catch???

Key Takeaways:

[2:55] Big name cities are losing people in the 150-300 per day range

[6:39] A mass exodus to rural areas needs companies to embrace 100% remote working at a higher level

[10:19] A property comparison

[17:55] Don't just pay things because someone sends you an invoice. Make sure it's legitimate and the best price possible

[24:49] Where are the Millennial Millionaires and what's their wealth worth?

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Drudge Report: Biggest Cities Losing Workers

Business Insider: Top 10 States Where Millennial Millionaires Live

Jason Hartman and Adam come together to discuss an article from the Drudge Report about the big cities losing workers by the hundreds, as well as a Business Insider article looking at the number of Millennial Millaires and where they're located around the country. Jason and Adam explore what these trends and stats mean to real estate values and what real estate investors can do with that information. Plus, Jason brings an unbelievable property to the show for you, what's the catch???

Key Takeaways:

[2:55] Big name cities are losing people in the 150-300 per day range

[6:39] A mass exodus to rural areas needs companies to embrace 100% remote working at a higher level

[10:19] A property comparison

[17:55] Don't just pay things because someone sends you an invoice. Make sure it's legitimate and the best price possible

[24:49] Where are the Millennial Millionaires and what's their wealth worth?

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Drudge Report: Biggest Cities Losing Workers

Business Insider: Top 10 States Where Millennial Millionaires Live

Today Jason Hartman examines Chapter 17 of Charles Murray's book, Coming Apart, and explores why it's so important that we face struggles and adversity in our life. Working for things and fighting battles is what makes things worth living, what keeps life interesting. Being handed things doesn't make life better, it makes it boring.

Key Takeaways:

[3:51] The challenges and struggles we experience aren't bad, they're good

[12:31] If you want to build a great real estate portfolio, climb the corporate ladder, anything, you need to fight some battles

[15:56] Some recommended authors for your education

[20:10] People have compared the US to the Roman Empire, and it's important to remember that Rome collapsed from within

[27:06] Not having to work for things makes life boring and can tear you apart

[32:49] The more we rely on the government the worse our life gets

Website:

www.JasonHartman.com

Today Jason Hartman examines Chapter 17 of Charles Murray's book, Coming Apart, and explores why it's so important that we face struggles and adversity in our life. Working for things and fighting battles is what makes things worth living, what keeps life interesting. Being handed things doesn't make life better, it makes it boring.

Key Takeaways:

[3:51] The challenges and struggles we experience aren't bad, they're good

[12:31] If you want to build a great real estate portfolio, climb the corporate ladder, anything, you need to fight some battles

[15:56] Some recommended authors for your education

[20:10] People have compared the US to the Roman Empire, and it's important to remember that Rome collapsed from within

[27:06] Not having to work for things makes life boring and can tear you apart

[32:49] The more we rely on the government the worse our life gets

Website:

www.JasonHartman.com