Creating Wealth Real Estate Investing with Jason Hartman

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

Jason Hartman and Adam begin today's episode discussing the topic of the graying of America, and what the increasing demographic of people over the age of 80 means to real estate investors.

Then Jason talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race.

Key Takeaways:

[5:52] How a cruise ship is a metaphor for life

[9:55] 18 million adults in the US will be in their 80s in the next decade

[12:23] The cost of construction could drive the elderly out of their homes if they need to renovate for their lifestyle

Daniel Ameduri Interview:

[18:55] What does Daniel mean when he tells people not to save for retirement???

[23:09] Beware financial advisers, there's more education required to be a hair stylist

[27:52] Millennials should embrace the freelance economy

[32:10] Daniel is seeing boom time for the next year

Website:

www.JasonHartmanLive.com

www.FutureMoneyTrends.com/Save

Jason Hartman and Adam begin today's episode discussing the topic of the graying of America, and what the increasing demographic of people over the age of 80 means to real estate investors.

Then Jason talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race.

Key Takeaways:

[5:52] How a cruise ship is a metaphor for life

[9:55] 18 million adults in the US will be in their 80s in the next decade

[12:23] The cost of construction could drive the elderly out of their homes if they need to renovate for their lifestyle

Daniel Ameduri Interview:

[18:55] What does Daniel mean when he tells people not to save for retirement???

[23:09] Beware financial advisers, there's more education required to be a hair stylist

[27:52] Millennials should embrace the freelance economy

[32:10] Daniel is seeing boom time for the next year

Website:

www.JasonHartmanLive.com

www.FutureMoneyTrends.com/Save

Jason Hartman and Adam begin today's episode discussing the topic of the graying of America, and what the increasing demographic of people over the age of 80 means to real estate investors.

Then Jason talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race.

Key Takeaways:

[5:52] How a cruise ship is a metaphor for life

[9:55] 18 million adults in the US will be in their 80s in the next decade

[12:23] The cost of construction could drive the elderly out of their homes if they need to renovate for their lifestyle

Daniel Ameduri Interview:

[18:55] What does Daniel mean when he tells people not to save for retirement???

[23:09] Beware financial advisers, there's more education required to be a hair stylist

[27:52] Millennials should embrace the freelance economy

[32:10] Daniel is seeing boom time for the next year

Website:

www.JasonHartmanLive.com

www.FutureMoneyTrends.com/Save

Today's Flash Back Friday comes from Episode 947, originally published in January 2018.

Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.

As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.

Key Takeaways:

[4:26] The impact of controlling the money

[7:58] How music has impacted societies around the world

[10:43] Want to go to the Icehotel in Sweden with Jason?

[13:11] The inside attack versus the outside attack

[16:54] California has the weakest asset protection laws in the union

[19:00] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:34] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:44] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:37] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Today's Flash Back Friday comes from Episode 947, originally published in January 2018.

Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.

As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.

Key Takeaways:

[4:26] The impact of controlling the money

[7:58] How music has impacted societies around the world

[10:43] Want to go to the Icehotel in Sweden with Jason?

[13:11] The inside attack versus the outside attack

[16:54] California has the weakest asset protection laws in the union

[19:00] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:34] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:44] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:37] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Today's Flash Back Friday comes from Episode 947, originally published in January 2018.

Jason Hartman wanted to make sure that the practice of asset protection is understood by every investor, because it can make or break your portfolio if done wrong.

As such, he invited Rich Dad Advisor Garrett Sutton back on the show for a long, in-depth interview. We'll finish it up tomorrow with the second half, but today the two discuss the inside/outside attack on LLCs, discuss which states have weak and strong LLC protections, and how to protect your properties properly.

Key Takeaways:

[4:26] The impact of controlling the money

[7:58] How music has impacted societies around the world

[10:43] Want to go to the Icehotel in Sweden with Jason?

[13:11] The inside attack versus the outside attack

[16:54] California has the weakest asset protection laws in the union

[19:00] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:34] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:44] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:37] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Jason Hartman talks with client Sean Carroll about the journey he's had with real estate. From starting out as an agent in New York before the Great Recession to losing every penny he had, Sean now has a portfolio of properties that is allowing him to be in the career he wants to be in. Jason and Sean explore Sean's best and worst decisions in order to help you stay on a safe, profitable path.

Key Takeaways:

[4:04] How Sean lost BIG during the Great Recession

[8:53] The deal that truly put Sean under

[13:49] The system is set up to create asset inflation

[16:24] The owner of a home Sean sold in 2006 is still $70,000 underwater

[21:26] Stop calling things problems and start calling them challenges

[25:35] Apps, tools, tips Sean has for investors

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman talks with client Sean Carroll about the journey he's had with real estate. From starting out as an agent in New York before the Great Recession to losing every penny he had, Sean now has a portfolio of properties that is allowing him to be in the career he wants to be in. Jason and Sean explore Sean's best and worst decisions in order to help you stay on a safe, profitable path.

Key Takeaways:

[4:04] How Sean lost BIG during the Great Recession

[8:53] The deal that truly put Sean under

[13:49] The system is set up to create asset inflation

[16:24] The owner of a home Sean sold in 2006 is still $70,000 underwater

[21:26] Stop calling things problems and start calling them challenges

[25:35] Apps, tools, tips Sean has for investors

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman talks with client Sean Carroll about the journey he's had with real estate. From starting out as an agent in New York before the Great Recession to losing every penny he had, Sean now has a portfolio of properties that is allowing him to be in the career he wants to be in. Jason and Sean explore Sean's best and worst decisions in order to help you stay on a safe, profitable path.

Key Takeaways:

[4:04] How Sean lost BIG during the Great Recession

[8:53] The deal that truly put Sean under

[13:49] The system is set up to create asset inflation

[16:24] The owner of a home Sean sold in 2006 is still $70,000 underwater

[21:26] Stop calling things problems and start calling them challenges

[25:35] Apps, tools, tips Sean has for investors

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties