Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman talks with Peter Wehner, author of Wealth and Justice: The Morality of Democratic Capitalism and Vice President & Senior Fellow at the Ethics & Public Policy Center, about what attacks are currently being done against democratic capitalism and what we can do about them as a society. The two also explore the potential ramifications for capitalism being done by President Trump.

Key Takeaways:

[4:35] Is Democratic Capitalism the most moral system out there?

[7:04] Capitalism correctly accounts for human nature

[10:25] The ideas of Karl Marx have been probably the most consequential in economic history

[13:38] The idea that the government has the moral high ground

[16:55] What does Peter mean with the saying "The death of politics"?

[20:41] Peter's concern about Trump's policies

[28:48] What is The Death of Politics about?

Website:

Ethics & Public Policy Center

Wealth and Justice: The Morality of Democratic Capitalism

Jason Hartman talks with Peter Wehner, author of Wealth and Justice: The Morality of Democratic Capitalism and Vice President & Senior Fellow at the Ethics & Public Policy Center, about what attacks are currently being done against democratic capitalism and what we can do about them as a society. The two also explore the potential ramifications for capitalism being done by President Trump.

Key Takeaways:

[4:35] Is Democratic Capitalism the most moral system out there?

[7:04] Capitalism correctly accounts for human nature

[10:25] The ideas of Karl Marx have been probably the most consequential in economic history

[13:38] The idea that the government has the moral high ground

[16:55] What does Peter mean with the saying "The death of politics"?

[20:41] Peter's concern about Trump's policies

[28:48] What is The Death of Politics about?

Website:

Ethics & Public Policy Center

Wealth and Justice: The Morality of Democratic Capitalism

Jason Hartman and Adam discuss several issues in today's show. The first one is the news that the average FICO score is at an all time high. This is due to several factors, but the underlying facts about the credit rise show some very good news for our economy. The two also discuss a new credit scoring on the horizon that might help more people get credit and allow those who make strategic defaults able to get loans sooner.

After playing another of the 5 Year Plan videos, Jason and Adam dive into an event in France that shows the creep of what employers are responsible for, as well as a new California law that is aimed at companies that employ freelancers. The two have differing takes on the law, tell us yours!

Key Takeaways:

[4:07] Jason has been researching an investment vehicle that might be better than the 1031 Exchange and he'll discuss it at the upcoming Profits in Paradise

[7:11] Consumer spending seems to be more in line with wages these days

[11:51] They're creating a new way to create credit scores with more data points

[15:39] Credit management isn't just the ability to repay

[19:29] Jeff's 5 Year Plan for retirement

[26:20] How employers are being hampered even more with a ridiculous event in France

[31:48] California's new law about independent contractors could have some big ramifications

[34:15] We need to divorce health care from employment

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Contest

Jason Hartman and Adam discuss several issues in today's show. The first one is the news that the average FICO score is at an all time high. This is due to several factors, but the underlying facts about the credit rise show some very good news for our economy. The two also discuss a new credit scoring on the horizon that might help more people get credit and allow those who make strategic defaults able to get loans sooner.

After playing another of the 5 Year Plan videos, Jason and Adam dive into an event in France that shows the creep of what employers are responsible for, as well as a new California law that is aimed at companies that employ freelancers. The two have differing takes on the law, tell us yours!

Key Takeaways:

[4:07] Jason has been researching an investment vehicle that might be better than the 1031 Exchange and he'll discuss it at the upcoming Profits in Paradise

[7:11] Consumer spending seems to be more in line with wages these days

[11:51] They're creating a new way to create credit scores with more data points

[15:39] Credit management isn't just the ability to repay

[19:29] Jeff's 5 Year Plan for retirement

[26:20] How employers are being hampered even more with a ridiculous event in France

[31:48] California's new law about independent contractors could have some big ramifications

[34:15] We need to divorce health care from employment

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Contest

Jason Hartman and Adam discuss several issues in today's show. The first one is the news that the average FICO score is at an all time high. This is due to several factors, but the underlying facts about the credit rise show some very good news for our economy. The two also discuss a new credit scoring on the horizon that might help more people get credit and allow those who make strategic defaults able to get loans sooner.

After playing another of the 5 Year Plan videos, Jason and Adam dive into an event in France that shows the creep of what employers are responsible for, as well as a new California law that is aimed at companies that employ freelancers. The two have differing takes on the law, tell us yours!

Key Takeaways:

[4:07] Jason has been researching an investment vehicle that might be better than the 1031 Exchange and he'll discuss it at the upcoming Profits in Paradise

[7:11] Consumer spending seems to be more in line with wages these days

[11:51] They're creating a new way to create credit scores with more data points

[15:39] Credit management isn't just the ability to repay

[19:29] Jeff's 5 Year Plan for retirement

[26:20] How employers are being hampered even more with a ridiculous event in France

[31:48] California's new law about independent contractors could have some big ramifications

[34:15] We need to divorce health care from employment

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Contest

Jason Hartman starts today's show discussing some good news for real estate investors in the Chicago area, as well as why investors in California should actually be thankful for their current tax situation.

Then Jason talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals.

Key Takeaways:

[1:18] Good news for investors in Chicago

[7:34] Jason put an offer down for a short-term rental property, but make sure you're not violating Commandment #21 to avoid manias

[10:15] Tech companies are playing by different rules, so it's nice to see them being investigated

Rob Stephens Interview:

[13:59] Is the short-term rental market oversupplied?

[17:17] How will short-term rentals hold up in the next economic downturn?

[21:26] What has the increased usage of short-term rentals done to the timeshare market?

[22:43] The way institutional investors are getting involved in short-term rentals

[27:22] Tax compliance

[30:30] How much do room/tourism/hotel taxes differ across the country?

Website:

www.JasonHartman.com/Contest

www.MyLodgeTax.com

Jason Hartman starts today's show discussing some good news for real estate investors in the Chicago area, as well as why investors in California should actually be thankful for their current tax situation.

Then Jason talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals.

Key Takeaways:

[1:18] Good news for investors in Chicago

[7:34] Jason put an offer down for a short-term rental property, but make sure you're not violating Commandment #21 to avoid manias

[10:15] Tech companies are playing by different rules, so it's nice to see them being investigated

Rob Stephens Interview:

[13:59] Is the short-term rental market oversupplied?

[17:17] How will short-term rentals hold up in the next economic downturn?

[21:26] What has the increased usage of short-term rentals done to the timeshare market?

[22:43] The way institutional investors are getting involved in short-term rentals

[27:22] Tax compliance

[30:30] How much do room/tourism/hotel taxes differ across the country?

Website:

www.JasonHartman.com/Contest

www.MyLodgeTax.com

Jason Hartman starts today's show discussing some good news for real estate investors in the Chicago area, as well as why investors in California should actually be thankful for their current tax situation.

Then Jason talks with Rob Stephens, co-founder of Avalara MyLodgeTax, about whether the short-term rental market is oversupplied and what the impact of institutional investors is doing to the marketplace as a whole. They also discuss some of the tax implications of running short-term rentals.

Key Takeaways:

[1:18] Good news for investors in Chicago

[7:34] Jason put an offer down for a short-term rental property, but make sure you're not violating Commandment #21 to avoid manias

[10:15] Tech companies are playing by different rules, so it's nice to see them being investigated

Rob Stephens Interview:

[13:59] Is the short-term rental market oversupplied?

[17:17] How will short-term rentals hold up in the next economic downturn?

[21:26] What has the increased usage of short-term rentals done to the timeshare market?

[22:43] The way institutional investors are getting involved in short-term rentals

[27:22] Tax compliance

[30:30] How much do room/tourism/hotel taxes differ across the country?

Website:

www.JasonHartman.com/Contest

www.MyLodgeTax.com

Jason Hartman and Adam examine some troubling trends in the real estate market these days. The first is the entire STATE of California, which is about to enact state wide rent control. This would be a massive shift in policy that will lead to other issues. Then there's the affordability issue that's been hampering house across the country for years. Jason and Adam examine what new trends that's causing in our present day.

And finally, don't forget to submit your video for the Empower Investor contest and win tickets to Profits in Paradise!

Key Takeaways:

[5:48] What rent control ACTUALLY does

[8:47] Rent controlled areas always run short on housing because nobody wants to build there because of regulations

[16:37] Adam Frenza's 5 Year Plan

[25:14] How the Trump administration is responding to rent control movements

[27:16] How rent control creates a scenario like runaway inflation, and the road out is a rough one

[29:29] People are starting to realize that affordability is a national problem

[32:39] Rental property is one of the only businesses where people will happily give you 40% of their income

Website:

www.JasonHartman.com/Contest

www.JasonHartman.com/Ask

Jason Hartman and Adam examine some troubling trends in the real estate market these days. The first is the entire STATE of California, which is about to enact state wide rent control. This would be a massive shift in policy that will lead to other issues. Then there's the affordability issue that's been hampering house across the country for years. Jason and Adam examine what new trends that's causing in our present day.

And finally, don't forget to submit your video for the Empower Investor contest and win tickets to Profits in Paradise!

Key Takeaways:

[5:48] What rent control ACTUALLY does

[8:47] Rent controlled areas always run short on housing because nobody wants to build there because of regulations

[16:37] Adam Frenza's 5 Year Plan

[25:14] How the Trump administration is responding to rent control movements

[27:16] How rent control creates a scenario like runaway inflation, and the road out is a rough one

[29:29] People are starting to realize that affordability is a national problem

[32:39] Rental property is one of the only businesses where people will happily give you 40% of their income

Website:

www.JasonHartman.com/Contest

www.JasonHartman.com/Ask