Creating Wealth Real Estate Investing with Jason Hartman

Jason Hartman and Investment Counselor Doug take a look today at how to protect yourself from identity theft. 11 major companies had breaches in the past year, nearly guaranteeing that your information was among them. Hear from these two about steps you can take to protect yourself as best you can. They also look into how the McMansion market is tanking, the need for financial literacy in today's school system and household debt across the United States.

Key Takeaways:

[6:18] The McMansion glut is here, and the sales prices aren't pretty

[9:38] The median retirement savings for Americans aged 55-64 does not show good things

[13:35] School systems need to teach financial literacy

[17:11] Protecting yourself from the crime of our time: Identity theft

[20:20] What locations have had data breaches recently

[25:09] You can subscribe to identity monitoring services, but the best thing you can do is educate yourself

Website:

www.JasonHartman.com/Properties

Jason Hartman and economist Thomas open today's show discussing some less talked about aspects of the 1031 exchange. This conversation focuses on how you can incorporate personal property in your exchange and the deadlines the IRS imposes when you're doing your exchange.

Then Jason talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

[6:25] How to lump personal property into your 1031 exchange

[8:04] IRS time deadlines for 1031 exchanges

Ken McElroy Interview:

[12:45] Why did Ken choose this time to sell his properties and how did he do it?

[17:05] Cap Rate fails to take appreciation into account

[19:01] Is there an oversupply of multifamily that's causing rents to not grow as quickly?

[23:06] What Ken has learned about his facilities for the 55+ community

[24:54] Why Ken is still bullish on real estate

[28:38] Capital always looks for safety in the US

[32:21] The impact things like ride sharing and autonomous cars are having (and will have) on real estate

[35:04] Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Jason Hartman and economist Thomas open today's show discussing some less talked about aspects of the 1031 exchange. This conversation focuses on how you can incorporate personal property in your exchange and the deadlines the IRS imposes when you're doing your exchange.

Then Jason talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

[6:25] How to lump personal property into your 1031 exchange

[8:04] IRS time deadlines for 1031 exchanges

Ken McElroy Interview:

[12:45] Why did Ken choose this time to sell his properties and how did he do it?

[17:05] Cap Rate fails to take appreciation into account

[19:01] Is there an oversupply of multifamily that's causing rents to not grow as quickly?

[23:06] What Ken has learned about his facilities for the 55+ community

[24:54] Why Ken is still bullish on real estate

[28:38] Capital always looks for safety in the US

[32:21] The impact things like ride sharing and autonomous cars are having (and will have) on real estate

[35:04] Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Jason Hartman and economist Thomas open today's show discussing some less talked about aspects of the 1031 exchange. This conversation focuses on how you can incorporate personal property in your exchange and the deadlines the IRS imposes when you're doing your exchange.

Then Jason talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

[6:25] How to lump personal property into your 1031 exchange

[8:04] IRS time deadlines for 1031 exchanges

Ken McElroy Interview:

[12:45] Why did Ken choose this time to sell his properties and how did he do it?

[17:05] Cap Rate fails to take appreciation into account

[19:01] Is there an oversupply of multifamily that's causing rents to not grow as quickly?

[23:06] What Ken has learned about his facilities for the 55+ community

[24:54] Why Ken is still bullish on real estate

[28:38] Capital always looks for safety in the US

[32:21] The impact things like ride sharing and autonomous cars are having (and will have) on real estate

[35:04] Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Today's Flash Back Friday comes from Episode 407, originally published in September 2014.

Matt Theriault is is an entrepreneur, author and success coach who shows people how to start over and begin a new life setting goals and objectives so they can create wealth and live life to the fullest. Matt is the founder and host of the Do Over podcasts. 

Website:

www.EpicRealEstate.com

Today's Flash Back Friday comes from Episode 407, originally published in September 2014.

Matt Theriault is is an entrepreneur, author and success coach who shows people how to start over and begin a new life setting goals and objectives so they can create wealth and live life to the fullest. Matt is the founder and host of the Do Over podcasts. 

Website:

www.EpicRealEstate.com

Today's Flash Back Friday comes from Episode 407, originally published in September 2014.

Matt Theriault is is an entrepreneur, author and success coach who shows people how to start over and begin a new life setting goals and objectives so they can create wealth and live life to the fullest. Matt is the founder and host of the Do Over podcasts.

Website:

www.EpicRealEstate.com

Jason Hartman begins today's show discussing where the real growth in wages is happening. Fortunately it's happening in the "real" economy, meaning those jobs that are involved in creating the widgets that we use. That sort of data really helps the linear rental markets that we're investing in. He also provides some economic data that's been released recently.

Then Jason talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[2:52] People with no college degree are seeing their wages climb faster than people with college degrees

[6:21] When you have a strong manufacturing base in a real estate market, you have stability

[11:33] The economy has to be made up of many different players, and none of them are unimportant

[15:45] Consumer confidence slipped for the 4th time in 5 months and housing starts fell 8%

Jeff Ferry Interview:

[19:35] Jeff's thoughts on the current trade situation

[23:51] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[27:45] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[30:57] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Jason Hartman begins today's show discussing where the real growth in wages is happening. Fortunately it's happening in the "real" economy, meaning those jobs that are involved in creating the widgets that we use. That sort of data really helps the linear rental markets that we're investing in. He also provides some economic data that's been released recently.

Then Jason talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[2:52] People with no college degree are seeing their wages climb faster than people with college degrees

[6:21] When you have a strong manufacturing base in a real estate market, you have stability

[11:33] The economy has to be made up of many different players, and none of them are unimportant

[15:45] Consumer confidence slipped for the 4th time in 5 months and housing starts fell 8%

Jeff Ferry Interview:

[19:35] Jeff's thoughts on the current trade situation

[23:51] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[27:45] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[30:57] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Jason Hartman begins today's show discussing where the real growth in wages is happening. Fortunately it's happening in the "real" economy, meaning those jobs that are involved in creating the widgets that we use. That sort of data really helps the linear rental markets that we're investing in. He also provides some economic data that's been released recently.

Then Jason talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[2:52] People with no college degree are seeing their wages climb faster than people with college degrees

[6:21] When you have a strong manufacturing base in a real estate market, you have stability

[11:33] The economy has to be made up of many different players, and none of them are unimportant

[15:45] Consumer confidence slipped for the 4th time in 5 months and housing starts fell 8%

Jeff Ferry Interview:

[19:35] Jeff's thoughts on the current trade situation

[23:51] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[27:45] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[30:57] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org