Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman starts today's show discussing an article that explains how hard new construction starts are hitting various markets. They're down by over 80% in some markets and over 50% in a majority.

Then Jason talks with David Osborn, co-founder of Magnify Capital and best-selling author of Wealth Can't Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today!, about making the conscious decision to be wealthy and how you can actually follow through on that decision while avoiding common pitfalls. They also discuss how absolutely vital the morning is to your life and how you can win the morning.

Key Takeaways:

[2:44] Home building is down more than 50% since before the Great Recession

[7:32] Chicago only has about 20% of the construction they had before the Great Recession

David Osborn Interview:

[15:40] Being wealthy starts with making a choice

[19:36] The mindset is critical but often overlooked

[23:49] When you become successful you eventually just have to learn to deal with being in lawsuits

[26:58] Do NOT hire someone just because you like them

[33:49] Miracle Morning Millionaires

[35:47] By 11am the world is coming at you and you're in reaction mode

Website:

www.DavidOsborn.com

Jason Hartman and Adamp take a deep dive into what GDP is and some of the plusses and minuses inherent to it. While breaking down a CNBC video explaining GDP they look at whether government spending should be increased, decreased, or left the same, how just because GDP is rising doesn't mean our economy is improving, and much more.

Key Takeaways:

[4:33] What Jason learned from a New York City bus driver

[10:26] The CEO of WeWork has stepped down, who helped show the importance of Commandment #3

[16:06] US GDP is 38% government spending

[21:02] Importance of looking at GDP rates and inflation rates

[26:40] The important relationship between income distribution and GDP

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman and Adamp take a deep dive into what GDP is and some of the plusses and minuses inherent to it. While breaking down a CNBC video explaining GDP they look at whether government spending should be increased, decreased, or left the same, how just because GDP is rising doesn't mean our economy is improving, and much more.

Key Takeaways:

[4:33] What Jason learned from a New York City bus driver

[10:26] The CEO of WeWork has stepped down, who helped show the importance of Commandment #3

[16:06] US GDP is 38% government spending

[21:02] Importance of looking at GDP rates and inflation rates

[26:40] The important relationship between income distribution and GDP

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman and Adamp take a deep dive into what GDP is and some of the plusses and minuses inherent to it. While breaking down a CNBC video explaining GDP they look at whether government spending should be increased, decreased, or left the same, how just because GDP is rising doesn't mean our economy is improving, and much more.

Key Takeaways:

[4:33] What Jason learned from a New York City bus driver

[10:26] The CEO of WeWork has stepped down, who helped show the importance of Commandment #3

[16:06] US GDP is 38% government spending

[21:02] Importance of looking at GDP rates and inflation rates

[26:40] The important relationship between income distribution and GDP

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman and Adam start off today's show discussing the impact of Dodd-Frank on the US economy. The massive bill that was quickly pushed through in response to the Great Recession is still being sussed out, and it's possible some parts will never be fully enacted.

Then Jason talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard's time in politics and why he left the White House.

Key Takeaways:

[6:50] The world of fakeness

[13:05] Dodd-Frank gave the government the ability to audit loans being given to companies, but the volume of loans makes that virtually impossible to reliably do

[16:12] Credit default swaps and the Great Recession

[18:57] Property profile of a home in Merrillville, IN

Richard Rahn Interview:

[24:01] When Richard started being interested in what would eventually become cryptocurrency

[31:24] The government could target any one of us because most people are committing crimes they don't even know about. But going after encrypted peer-to-peer transactions would be impossible

[35:17] Why does Richard think Bitcoin won't be the answer?

[36:30] Richard's time in the Reagan and Bush administration

Website:

www.JasonHartmanLive.com

www.IGEG.org

Jason Hartman and Adam start off today's show discussing the impact of Dodd-Frank on the US economy. The massive bill that was quickly pushed through in response to the Great Recession is still being sussed out, and it's possible some parts will never be fully enacted.

Then Jason talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard's time in politics and why he left the White House.

Key Takeaways:

[6:50] The world of fakeness

[13:05] Dodd-Frank gave the government the ability to audit loans being given to companies, but the volume of loans makes that virtually impossible to reliably do

[16:12] Credit default swaps and the Great Recession

[18:57] Property profile of a home in Merrillville, IN

Richard Rahn Interview:

[24:01] When Richard started being interested in what would eventually become cryptocurrency

[31:24] The government could target any one of us because most people are committing crimes they don't even know about. But going after encrypted peer-to-peer transactions would be impossible

[35:17] Why does Richard think Bitcoin won't be the answer?

[36:30] Richard's time in the Reagan and Bush administration

Website:

www.JasonHartmanLive.com

www.IGEG.org

Jason Hartman and Adam start off today's show discussing the impact of Dodd-Frank on the US economy. The massive bill that was quickly pushed through in response to the Great Recession is still being sussed out, and it's possible some parts will never be fully enacted.

Then Jason talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard's time in politics and why he left the White House.

Key Takeaways:

[6:50] The world of fakeness

[13:05] Dodd-Frank gave the government the ability to audit loans being given to companies, but the volume of loans makes that virtually impossible to reliably do

[16:12] Credit default swaps and the Great Recession

[18:57] Property profile of a home in Merrillville, IN

Richard Rahn Interview:

[24:01] When Richard started being interested in what would eventually become cryptocurrency

[31:24] The government could target any one of us because most people are committing crimes they don't even know about. But going after encrypted peer-to-peer transactions would be impossible

[35:17] Why does Richard think Bitcoin won't be the answer?

[36:30] Richard's time in the Reagan and Bush administration

Website:

www.JasonHartmanLive.com

www.IGEG.org

Jason Hartman and his client, Rabbi Evan Moffic, are on the road today discussing two different investment philosophies. The first is the fox method, ping ponging between investments and always going for what's the hottest trend. Then there's the hedgehog strategy that has you focus on one thing and do it to the best of your abilities. After dissecting the pros and cons of those strategies it's time to investigate the abundance mentality and what good it can do us all in our lives.

Key Takeaways:

[4:26] The fox strategy vs the hedgehog strategy

[7:28] Fox's at least take action, but hedgehogs stay true to the investment philosophy that they know and understand

[11:53] Evan is branching out a little buying a new construction short-term rental, but he made sure it could still function as a long term rental if trying a new strategy didn't work out

[16:01] It looks like there will be 2 property tours at the upcoming Profits in Paradise

[17:11] Evan will be speaking at Profits in Paradise, discussing happiness and wealth

[21:04] Judaism believes that wealth brings with it a responsibility to give

[24:40] One of the things Evan doesn't like about the FIRE movement

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman and his client, Rabbi Evan Moffic, are on the road today discussing two different investment philosophies. The first is the fox method, ping ponging between investments and always going for what's the hottest trend. Then there's the hedgehog strategy that has you focus on one thing and do it to the best of your abilities. After dissecting the pros and cons of those strategies it's time to investigate the abundance mentality and what good it can do us all in our lives.

Key Takeaways:

[4:26] The fox strategy vs the hedgehog strategy

[7:28] Fox's at least take action, but hedgehogs stay true to the investment philosophy that they know and understand

[11:53] Evan is branching out a little buying a new construction short-term rental, but he made sure it could still function as a long term rental if trying a new strategy didn't work out

[16:01] It looks like there will be 2 property tours at the upcoming Profits in Paradise

[17:11] Evan will be speaking at Profits in Paradise, discussing happiness and wealth

[21:04] Judaism believes that wealth brings with it a responsibility to give

[24:40] One of the things Evan doesn't like about the FIRE movement

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Jason Hartman and his client, Rabbi Evan Moffic, are on the road today discussing two different investment philosophies. The first is the fox method, ping ponging between investments and always going for what's the hottest trend. Then there's the hedgehog strategy that has you focus on one thing and do it to the best of your abilities. After dissecting the pros and cons of those strategies it's time to investigate the abundance mentality and what good it can do us all in our lives.

Key Takeaways:

[4:26] The fox strategy vs the hedgehog strategy

[7:28] Fox's at least take action, but hedgehogs stay true to the investment philosophy that they know and understand

[11:53] Evan is branching out a little buying a new construction short-term rental, but he made sure it could still function as a long term rental if trying a new strategy didn't work out

[16:01] It looks like there will be 2 property tours at the upcoming Profits in Paradise

[17:11] Evan will be speaking at Profits in Paradise, discussing happiness and wealth

[21:04] Judaism believes that wealth brings with it a responsibility to give

[24:40] One of the things Evan doesn't like about the FIRE movement

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties