Creating Wealth Real Estate Investing with Jason Hartman

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:

[4:13] The impact of controlling the money

[7:45] How music has impacted societies around the world

[10:30] Want to go to the Icehotel in Sweden with Jason?

[12:58] The inside attack versus the outside attack

[16:41] California has the weakest asset protection laws in the union

[18:47] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:21] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:31] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:24] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

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:

[4:13] The impact of controlling the money

[7:45] How music has impacted societies around the world

[10:30] Want to go to the Icehotel in Sweden with Jason?

[12:58] The inside attack versus the outside attack

[16:41] California has the weakest asset protection laws in the union

[18:47] Why Wyoming LLCs can protect your other LLCs better than any other state

[23:21] If you have your state LLC inside a Wyoming LLC domesticated in your state, which state rules apply?

[25:31] Why is it called an "Armor 8" strategy and when is it a good choice?

[30:24] How the Wyoming LLC provided a win for a car wreck causer

Website:

Get Garrett Sutton's Slides here

Jason Hartman takes the reins for a whole episode, discussing how peer-to-peer interactions are disrupting industries all across the economy, how blockchain is now even infiltrating dating, and the government shutdown. He also shares the 10 biggest ICOs of 2017, which shows the amazing amount of money that's entering the cryptocurrency world, and also the movement for the 51st state in the US.

Key Takeaways:

[3:17] A big thanks to intra-preneurs

[5:51] Cryptocurrencies are up against the most powerful forces humanity has ever known

[7:22] Blockchain is now being used for bedroom activities

[11:40] The disruption caused by Napster and programs like it, and how it impacted its industry

[13:36] 10 biggest ICOs of 2017

[17:43] The government shutdown is expensive administratively speaking

[19:06] The movement for a 51st state

[26:18] California has the highest poverty rate in the US

[28:46] Check the Meet the Masters app for speaker slides that have been updated

Website:

www.JasonHartman.com/Properties

Jason Hartman takes the reins for a whole episode, discussing how peer-to-peer interactions are disrupting industries all across the economy, how blockchain is now even infiltrating dating, and the government shutdown. He also shares the 10 biggest ICOs of 2017, which shows the amazing amount of money that's entering the cryptocurrency world, and also the movement for the 51st state in the US.

Key Takeaways:

[3:17] A big thanks to intra-preneurs

[5:51] Cryptocurrencies are up against the most powerful forces humanity has ever known

[7:22] Blockchain is now being used for bedroom activities

[11:40] The disruption caused by Napster and programs like it, and how it impacted its industry

[13:36] 10 biggest ICOs of 2017

[17:43] The government shutdown is expensive administratively speaking

[19:06] The movement for a 51st state

[26:18] California has the highest poverty rate in the US

[28:46] Check the Meet the Masters app for speaker slides that have been updated

Website:

www.JasonHartman.com/Properties

Jason Hartman takes the reins for a whole episode, discussing how peer-to-peer interactions are disrupting industries all across the economy, how blockchain is now even infiltrating dating, and the government shutdown. He also shares the 10 biggest ICOs of 2017, which shows the amazing amount of money that's entering the cryptocurrency world, and also the movement for the 51st state in the US.

Key Takeaways:

[3:17] A big thanks to intra-preneurs

[5:51] Cryptocurrencies are up against the most powerful forces humanity has ever known

[7:22] Blockchain is now being used for bedroom activities

[11:40] The disruption caused by Napster and programs like it, and how it impacted its industry

[13:36] 10 biggest ICOs of 2017

[17:43] The government shutdown is expensive administratively speaking

[19:06] The movement for a 51st state

[26:18] California has the highest poverty rate in the US

[28:46] Check the Meet the Masters app for speaker slides that have been updated

Website:

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 285, from November 2012.

Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.

He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.

Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.

Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Today's Flash Back Friday comes from Episode 285, from November 2012.

Jason Hartman and Karl Deninger, author of Leverage and his blog, "The Market Ticker," get together to discuss the economic structural imbalances around the world. Karl started "The Market Ticker" to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.

He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.

Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.

Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Today's Flash Back Friday comes from Episode 285, from November 2012.

Jason Hartman and Karl Deninger, author of Leverage and his blog, “The Market Ticker,” get together to discuss the economic structural imbalances around the world. Karl started “The Market Ticker” to warn investors about impending ruptures in the stock market after he figured out the illegal methods happening in the tech boom and crash that left many of his friends bankrupt.

He stresses the importance of knowing how we got where we are today and offers solutions to actually put the system back together on a sustainable basis. In his book, Leverage, Larry explains the problem in that all geometric systems are unsustainable for the long term, such as Medicare/Medicaid, trade deficits, deflation from productivity, deflation of fiat money, and much more.

Mr. Denninger is the former CEO of MCSNet, a regional Chicago area networking and Internet company that operated from 1987 to 1998. MCSNet was proud to offer several "firsts" in the Internet Service space, including integral customer-specified spam filtering for all customers and the first virtual web server available to the general public.

Mr. Denninger's other accomplishments include the design and construction of regional and national IP-based networks and development of electronic conferencing software reaching back to the 1980s.He has been a full-time trader since 1998, author of The Market Ticker (http://market-ticker.org), a daily market commentary, and operator of TickerForum, an online trading community, both since 2007.

Jason Hartman and investment counselor Carrie take a look back at Meet the Masters 2018. The two discuss some of their big takeaways from the weekend, including property management tips, mortgage sequencing, internal and external threats, and lending practices.

Key Takeaways:

[5:48] The Local Market Specialists gave some good insight into their markets

[9:56] Journey Captured was worth the expense

[13:09] A little tension in your relationship with your property manager is a healthy thing

[16:17] Sometimes you have to take leadership, even if you have a property manager

[20:48] The amazing statistic of mortgage sensitivity

[23:21] You have to understand the difference between internal and external threats, and the first step in asset protection

[29:15] The strategy in borrowing and why Jason likes the lenders in his network

Website:

www.JasonHartman.com/Properties

Jason Hartman and investment counselor Carrie take a look back at Meet the Masters 2018. The two discuss some of their big takeaways from the weekend, including property management tips, mortgage sequencing, internal and external threats, and lending practices.

Key Takeaways:

[5:48] The Local Market Specialists gave some good insight into their markets

[9:56] Journey Captured was worth the expense

[13:09] A little tension in your relationship with your property manager is a healthy thing

[16:17] Sometimes you have to take leadership, even if you have a property manager

[20:48] The amazing statistic of mortgage sensitivity

[23:21] You have to understand the difference between internal and external threats, and the first step in asset protection

[29:15] The strategy in borrowing and why Jason likes the lenders in his network

Website:

www.JasonHartman.com/Properties