Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 937, originally published in January 2018.

Jason Hartman starts off today's episode discussing the amazing effect of inflation on assets in all markets. Then he turns his attention toward the upcoming Meet the Masters of Income Property event and gives a little taste of what he'll be discussing (hint: core beliefs investors need to have), as well as why there will be a whole host of Local Market Specialists at the event.

Then Jason goes into the first part of his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they're investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they're currently in. Part 2 will be aired tomorrow.

Key Takeaways:

Jason Intro:

[3:26] Apple's new code release for their old Lisa computer technology, which would have been a $24,700 desktop today, which shows the power of inflation

[6:26] Jason will be discussing the core beliefs that we all need to have as investors at Meet the Masters

[8:26] What Gary fails to mention at the start of his client case study

Gary & Sue Pinkerton Client Case Study:

[17:15] Gary & Sue's first property did NOT start off well

[22:05] It's crucial to listen to your wife's intuition

[25:57] How Gary & Sue decided to split up their mortgages and why

[29:06] Why Gary & Sue picked the markets they're in today

Websites:

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 937, originally published in January 2018.

Jason Hartman starts off today's episode discussing the amazing effect of inflation on assets in all markets. Then he turns his attention toward the upcoming Meet the Masters of Income Property event and gives a little taste of what he'll be discussing (hint: core beliefs investors need to have), as well as why there will be a whole host of Local Market Specialists at the event.

Then Jason goes into the first part of his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they're investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they're currently in. Part 2 will be aired tomorrow.

Key Takeaways:

Jason Intro:

[3:26] Apple's new code release for their old Lisa computer technology, which would have been a $24,700 desktop today, which shows the power of inflation

[6:26] Jason will be discussing the core beliefs that we all need to have as investors at Meet the Masters

[8:26] What Gary fails to mention at the start of his client case study

Gary & Sue Pinkerton Client Case Study:

[17:15] Gary & Sue's first property did NOT start off well

[22:05] It's crucial to listen to your wife's intuition

[25:57] How Gary & Sue decided to split up their mortgages and why

[29:06] Why Gary & Sue picked the markets they're in today

Websites:

www.JasonHartman.com/Properties

In this 10th episode, off-topic show, Jason Hartman talks with Ocean Robbins, decendant of the Baskin-Robbins family and author of the new book 31-Day Food Revolution: Heal Your Body, Feel Great, and Transform Your World, about the state of American's eating today. The two break down how our diets have changed over the years, why some aspects of our diets are the way they are, how to make a more ethical, sustainable world, and more.

Key Takeaways:

[6:59] Has anything changed since Diet for New America came out?

[9:03] There's a lot of money being made on the status quo

[12:15] What to do if you want a more ethical, sustainable world

[16:34] Jason's theory on meat through the ages

[19:23] We aren't getting nearly enough fiber in our diet now

[21:08] The key use of willpower is to establish healthy habits

Website:

www.31DayFoodRevolution.com

Jason Hartman's Real Estate Investor Update Alexa Skill

In this 10th episode, off-topic show, Jason Hartman talks with Ocean Robbins, decendant of the Baskin-Robbins family and author of the new book 31-Day Food Revolution: Heal Your Body, Feel Great, and Transform Your World, about the state of American's eating today. The two break down how our diets have changed over the years, why some aspects of our diets are the way they are, how to make a more ethical, sustainable world, and more.

Key Takeaways:

[6:59] Has anything changed since Diet for New America came out?

[9:03] There's a lot of money being made on the status quo

[12:15] What to do if you want a more ethical, sustainable world

[16:34] Jason's theory on meat through the ages

[19:23] We aren't getting nearly enough fiber in our diet now

[21:08] The key use of willpower is to establish healthy habits

Website:

www.31DayFoodRevolution.com

Jason Hartman's Real Estate Investor Update Alexa Skill

In this 10th episode, off-topic show, Jason Hartman talks with Ocean Robbins, decendant of the Baskin-Robbins family and author of the new book 31-Day Food Revolution: Heal Your Body, Feel Great, and Transform Your World, about the state of American's eating today. The two break down how our diets have changed over the years, why some aspects of our diets are the way they are, how to make a more ethical, sustainable world, and more.

Key Takeaways:

[6:59] Has anything changed since Diet for New America came out?

[9:03] There's a lot of money being made on the status quo

[12:15] What to do if you want a more ethical, sustainable world

[16:34] Jason's theory on meat through the ages

[19:23] We aren't getting nearly enough fiber in our diet now

[21:08] The key use of willpower is to establish healthy habits

Website:

www.31DayFoodRevolution.com

Jason Hartman's Real Estate Investor Update Alexa Skill

Jason Hartman and Doug start today's show looking at how much money the average 20, 30, 40, 50 and 60 year olds have in their retirement savings. There's a discrepancy that can be frightening.

Then Jason finishes his conversation with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings.

Key Takeaways:

[4:29] You need to think about how much you're saving for retirement as well as how you're saving for retirement

[8:21] The current average savings for those in their 30s

[11:19] Amortization is beautiful because it just happens, there's nothing for you to do

[14:14] Your 40s presents both a danger and an opportunity for your retirement savings

Laurence Kotlikoff, Part 2

[18:31] Is the future inflationary?

[19:58] What do we need to do to plan for the future?

[26:16] How much time it takes to input your data into Maxifi

[29:52] Many people are saving too much for their later life because they're scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman's Real Estate Investor Update Alexa Skill

Jason Hartman and Doug start today's show looking at how much money the average 20, 30, 40, 50 and 60 year olds have in their retirement savings. There's a discrepancy that can be frightening.

Then Jason finishes his conversation with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings.

Key Takeaways:

[4:29] You need to think about how much you're saving for retirement as well as how you're saving for retirement

[8:21] The current average savings for those in their 30s

[11:19] Amortization is beautiful because it just happens, there's nothing for you to do

[14:14] Your 40s presents both a danger and an opportunity for your retirement savings

Laurence Kotlikoff, Part 2

[18:31] Is the future inflationary?

[19:58] What do we need to do to plan for the future?

[26:16] How much time it takes to input your data into Maxifi

[29:52] Many people are saving too much for their later life because they're scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman's Real Estate Investor Update Alexa Skill

Jason Hartman and Doug start today's show looking at how much money the average 20, 30, 40, 50 and 60 year olds have in their retirement savings. There's a discrepancy that can be frightening.

Then Jason finishes his conversation with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings.

Key Takeaways:

[4:29] You need to think about how much you're saving for retirement as well as how you're saving for retirement

[8:21] The current average savings for those in their 30s

[11:19] Amortization is beautiful because it just happens, there's nothing for you to do

[14:14] Your 40s presents both a danger and an opportunity for your retirement savings

Laurence Kotlikoff, Part 2

[18:31] Is the future inflationary?

[19:58] What do we need to do to plan for the future?

[26:16] How much time it takes to input your data into Maxifi

[29:52] Many people are saving too much for their later life because they're scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman's Real Estate Investor Update Alexa Skill

Jason Hartman and Doug start off today's episode with a discussion on the issue of America's retirement savings. There's a looming problem with many people being unable to afford any form of an emergency expense, but also on the other end of the spectrum, as people are getting hit with taxes on their required minimum distributions.

Then Jason has the first part of his interview with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved.

Key Takeaways:

[5:03] The Required Minimum Distribution problem

[8:14] Equity values going up 8% a year while the real economy is only going up 2-3%, eventually something has to give

Laurence Kotlikoff, Part 1

[17:57] The most recent number the unfunded mandates are going to cost

[24:52] Does Laurence believe in Supply-Side Economics?

[28:00] Consuming your way to prosperity has never worked before and won't now

[31:20] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public's response to the start of the Great Recession

[35:03] Laurence's take on Jason's 6 ways the government can get out of its hole

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

Jason Hartman and Doug start off today's episode with a discussion on the issue of America's retirement savings. There's a looming problem with many people being unable to afford any form of an emergency expense, but also on the other end of the spectrum, as people are getting hit with taxes on their required minimum distributions.

Then Jason has the first part of his interview with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved.

Key Takeaways:

[5:03] The Required Minimum Distribution problem

[8:14] Equity values going up 8% a year while the real economy is only going up 2-3%, eventually something has to give

Laurence Kotlikoff, Part 1

[17:57] The most recent number the unfunded mandates are going to cost

[24:52] Does Laurence believe in Supply-Side Economics?

[28:00] Consuming your way to prosperity has never worked before and won't now

[31:20] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public's response to the start of the Great Recession

[35:03] Laurence's take on Jason's 6 ways the government can get out of its hole

Website:

www.JasonHartman.com/Properties

www.Maxifi.com