Creating Wealth Real Estate Investing with Jason Hartman

Jason shares information about credit scores you may not be aware of to assist you in actively managing it. Using his own credit history as an example he explains the terms utilization rate, how installment loans and new credit can negatively impact your score. And later in the show, guest David Daley discusses the subject matter of his new book, Ratf__ked: The True Story Behind the Secret Plan to Steal America’s Democracy.  David is the former editor of the liberal site Salon.com and is the current CEO/Publisher of the Connecticut Mirror, a non-partisan publication.

 

Key Takeaways:

[5:45] Vital information about how to manage your credit score.

[19:06] Jason highlights some positive rankings about existing investment markets.

 

David Daley Guest Interview:

[24:22] Since 2010 Republicans have used Gerrymandering (Operation Redmap) has been used as a partisan weapon.

[30:52] In 2012, the democrats have a big year with the reelection of Obama but Janikowski's genius move limits their voting power.

[33:00] A technology tool named Maptitude includes census data from districts allowing those in control to draw precision lines when redistricting.

[37:42] A House of Representatives

[38:03] The Moneyball of politics is evident at the State level.

[41:23] Republicans are counting on running the government from Congress and the House of Representatives.

[45:27] We need to rethink the way we do election through radical electoral reform.

 

Mentioned in This Episode:

Jason Hartman

Ratf__ked: The True Story Behind the Secret Plan to Steal America’s Democracy

@davedaley3 on Twitter

Jason shares information about credit scores you may not be aware of to assist you in actively managing it. Using his own credit history as an example he explains the terms utilization rate, how installment loans and new credit can negatively impact your score. And later in the show, guest David Daley discusses the subject matter of his new book, Ratf__ked: The True Story Behind the Secret Plan to Steal America's Democracy. David is the former editor of the liberal site Salon.com and is the current CEO/Publisher of the Connecticut Mirror, a non-partisan publication.

Key Takeaways:

[5:45] Vital information about how to manage your credit score.

[19:06] Jason highlights some positive rankings about existing investment markets.

David Daley Guest Interview:

[24:22] Since 2010 Republicans have used Gerrymandering (Operation Redmap) has been used as a partisan weapon.

[30:52] In 2012, the democrats have a big year with the reelection of Obama but Janikowski's genius move limits their voting power.

[33:00] A technology tool named Maptitude includes census data from districts allowing those in control to draw precision lines when redistricting.

[37:42] A House of Representatives

[38:03] The Moneyball of politics is evident at the State level.

[41:23] Republicans are counting on running the government from Congress and the House of Representatives.

[45:27] We need to rethink the way we do election through radical electoral reform.

Mentioned in This Episode:

Jason Hartman

Ratf__ked: The True Story Behind the Secret Plan to Steal America's Democracy

@davedaley3 on Twitter

Survive and thrive in today's economy! With over 400 episodes produced, business and investment guru Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Steve Forbes (Freedom Manifesto), Tomas Sowell (Housing Boom and Bust), Noam Chomsky (Manufacturing Consent), Jenny Craig (Health & Fitness CEO), Jim Cramer (Mad Money), Harvey Mackay (Swim With The Sharks & Get Your Foot in the Door), Todd Akin (Former US Congressman), William D. Cohan ( The Price of Silence, The Last Tycoon, & House of Cards), G. Edward Griffin (The Creature from Jekyll Island), Daniel Pink (National Geographic). Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Jason purchased an Irvine, California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS - Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul's America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine). Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer). A trademark feature of Hartman Media podcasts are our 'Tenth Ep

One of the core concepts that we communicate to our investors is to “Refi Till Ya Die” with your rental property portfolio. While this description may sound a bit snarky, it is a very powerful strategy for multiplying your wealth over the long-term.

The most unique part of this strategy is that it stands in stark contrast to the popular strategy of ‘flipping’ properties by buying and quickly re-selling them for quick profits. The strategy that we recommend is the exact opposite of this. At Platinum Properties, we advocate buying and holding prudent rental properties over a long period of time. This enables investors to build real wealth, instead of constantly churning properties. (And creating taxable gains)

There is another very powerful force behind our strategy of buy and hold investing. That power comes when the rents and value of your property increase over time. Typically, an investment property will start with low cash flow, and will grow in profitability as tenant rents are increased. This increase in revenues carries with it a tremendous tool for growing your wealth.

The way that you employ this tool is to refinance your property for more than your original purchase price, based on the increased cash flow. This will allow you to re-invest the amount of your loan that exceeds the original purchase price. And here comes the kicker . . . these net proceeds are not taxed!!!

The reason that you will not owe taxes on the re-financing of your properties is because loans are not taxed. Since you are taking out a loan instead of selling the property, no taxable transaction is triggered. (Granted, capital gains can be deferred via 1031 exchange, but you will still lose 5% to 6% of the property value off the top from realtor fees. Thus, investors can “Refi Till Ya Die” and legally avoid paying taxes on the increased loan amount of their properties. (In addition to this, the increased interest payments from your new loan will reduce the tax burden of your regular cash flow)

These strategies can super-charge wealth creation by allowing investors to capture their equity growth for re-investment. These perpetual re-investments accelerate the natural compounding of your investment portfolio. It also carries the benefit of consistently increasing your use of fixed-rate debt as a shield against inflation. Prudent investors realize the incredible power of this strategy, and should seek to capitalize on it to build their wealth during these increasingly difficult times.

One of the core concepts that we communicate to our investors is to "Refi Till Ya Die" with your rental property portfolio. While this description may sound a bit snarky, it is a very powerful strategy for multiplying your wealth over the long-term.

The most unique part of this strategy is that it stands in stark contrast to the popular strategy of 'flipping' properties by buying and quickly re-selling them for quick profits. The strategy that we recommend is the exact opposite of this. At Platinum Properties, we advocate buying and holding prudent rental properties over a long period of time. This enables investors to build real wealth, instead of constantly churning properties. (And creating taxable gains)

There is another very powerful force behind our strategy of buy and hold investing. That power comes when the rents and value of your property increase over time. Typically, an investment property will start with low cash flow, and will grow in profitability as tenant rents are increased. This increase in revenues carries with it a tremendous tool for growing your wealth.

The way that you employ this tool is to refinance your property for more than your original purchase price, based on the increased cash flow. This will allow you to re-invest the amount of your loan that exceeds the original purchase price. And here comes the kicker . . . these net proceeds are not taxed!!!

The reason that you will not owe taxes on the re-financing of your properties is because loans are not taxed. Since you are taking out a loan instead of selling the property, no taxable transaction is triggered. (Granted, capital gains can be deferred via 1031 exchange, but you will still lose 5% to 6% of the property value off the top from realtor fees. Thus, investors can "Refi Till Ya Die" and legally avoid paying taxes on the increased loan amount of their properties. (In addition to this, the increased interest payments from your new loan will reduce the tax burden of your regular cash flow)

These strategies can super-charge wealth creation by allowing investors to capture their equity growth for re-investment. These perpetual re-investments accelerate the natural compounding of your investment portfolio. It also carries the benefit of consistently increasing your use of fixed-rate debt as a shield against inflation. Prudent investors realize the incredible power of this strategy, and should seek to capitalize on it to build their wealth during these increasingly difficult times.

Survive and thrive in today's economy! With over 400 episodes produced, business and investment guru Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Steve Forbes (Freedom Manifesto), Tomas Sowell (Housing Boom and Bust), Noam Chomsky (Manufacturing Consent), Jenny Craig (Health & Fitness CEO), Jim Cramer (Mad Money), Harvey Mackay (Swim With The Sharks & Get Your Foot in the Door), Todd Akin (Former US Congressman), William D. Cohan ( The Price of Silence, The Last Tycoon, & House of Cards), G. Edward Griffin (The Creature from Jekyll Island), Daniel Pink (National Geographic). Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Jason purchased an Irvine, California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS - Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul's America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine). Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer). A trademark feature of Hartman Media podcasts are our 'Tenth Ep

In this interview from 2014, Robert Morrow dishes the dirt on Bill and Hillary Clinton, makes some accusations and a few predictions. He is a co-author of The Clintons’ War on Women and is currently the chairman of the Republican Party in Travis County, Texas. He recounts incidents which accuse Bill Clinton of being a sexual predator, a serial rapist and that he is not Chelsea’s biological father. He claims Hillary is an attention hound who had relationships outside of her marriage and led terror campaigns against the women Bill assaulted.

 

Key Takeaways:

[3:25] In housing news: Mortgage purchase applications were 23% higher year over year.

[6:25] FINRA survey: Can you pass a basic test on finances?

[20:55] Two events in September - The Venture Alliance weekend and Real Estate Investing Software event.

 

Robert Morrow Guest Interview:

[23:28] The dirty history of the Clintons, Bill and Hillary.

[28:13] How do we know Robert Morrow is telling the truth?

[31:55] Bill Clinton is a sexual predator, serial rapist, and a pervert.

[34:35] Vince Foster was once a trusted advisor who was deeply in love with Hillary. 

[44:07] Robert Morrow predicts Hillary Clinton would not run for President.

[49:11] Contact information for Robert Morrow.

 

Mentioned in This Episode:

Jason Hartman

US Financial Capability

[email protected]

@RobMorroLiberty on Twitter

In this interview from 2014, Robert Morrow dishes the dirt on Bill and Hillary Clinton, makes some accusations and a few predictions. He is a co-author of The Clintons' War on Women and is currently the chairman of the Republican Party in Travis County, Texas. He recounts incidents which accuse Bill Clinton of being a sexual predator, a serial rapist and that he is not Chelsea's biological father. He claims Hillary is an attention hound who had relationships outside of her marriage and led terror campaigns against the women Bill assaulted.

Key Takeaways:

[3:25] In housing news: Mortgage purchase applications were 23% higher year over year.

[6:25] FINRA survey: Can you pass a basic test on finances?

[20:55] Two events in September - The Venture Alliance weekend and Real Estate Investing Software event.

Robert Morrow Guest Interview:

[23:28] The dirty history of the Clintons, Bill and Hillary.

[28:13] How do we know Robert Morrow is telling the truth?

[31:55] Bill Clinton is a sexual predator, serial rapist, and a pervert.

[34:35] Vince Foster was once a trusted advisor who was deeply in love with Hillary.

[44:07] Robert Morrow predicts Hillary Clinton would not run for President.

[49:11] Contact information for Robert Morrow.

Mentioned in This Episode:

Jason Hartman

US Financial Capability

[email protected]

@RobMorroLiberty on Twitter

Survive and thrive in today's economy! With over 400 episodes produced, business and investment guru Jason Hartman interviews top-tier guests, bestselling authors and financial experts including; Steve Forbes (Freedom Manifesto), Tomas Sowell (Housing Boom and Bust), Noam Chomsky (Manufacturing Consent), Jenny Craig (Health & Fitness CEO), Jim Cramer (Mad Money), Harvey Mackay (Swim With The Sharks & Get Your Foot in the Door), Todd Akin (Former US Congressman), William D. Cohan ( The Price of Silence, The Last Tycoon, & House of Cards), G. Edward Griffin (The Creature from Jekyll Island), Daniel Pink (National Geographic). Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Jason purchased an Irvine, California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. Additional guests featured on the Creating Wealth podcast include Robert Kiyosaki (RIch Dad Poor Dad), Matthew Quirk (The 500 & The Directive), Eve Wright (Life at the Speed of Passion), John Lawrence Allen (Make Wall Street Pay You Back), Jerry Robinson (Bankruptcy in Our Nation), Peter Zeihan (The Accidental Superpower), David Crowe (National Association of Homebuilders NAHB), Consuelo Mack (PBS - Wealth Track), Sean Haugh (Libertarian Candidate for the US Senate), Scott Paul (Alliance for American Manufacturing), Charles Goyette (Ron Paul's America Show), Chris Martenson (Crash Course), Matt Theriault (Epic Real Estate Investing), Christopher Barnatt (The Future of 3D Printing), Zac Bissonnette (Good Advice From Bad People), Rich Karlgaard (Forbes Magazine). Chris Mayer (Agora Financial), Craig R. Smith (The Great Withdrawal), Po Bronson (The Science of Winning & Losing), Jim Stossel (Why Government Fails), John McAfee (Founder of McAfee Anti-Virus Software) Harry Dent (The Great Depression Ahead), Kevin Armstrong (Bulls, Birdies, Bogeys, and Bears), Nick Bilton (Hatching Twitter), Tom Kreautler (The Money Pit), Doug Brunt (Ghosts of Manhattan), Catherine McBreen (Get Rich, Stay Rich, Pass it On), Les Leopold (How to Make a Million Dollars an Hour), Robert Greene (Mastery, Power, & Seduction), Byron Dorgan (Gridlock), Dennis Miller (Retirement Reboot), George Gilder (Knowledge & Power), Jed Kolko (Tulia), Dr. Judith Wright (The Soft Addiction Solution), Richard Duncan (The New Depression), Dave Krieger (Clouded Titles), Bill Ayers (Confessions of an American Dissident), Dr. H. Woody Block (American Gridlock), Steven Kotler (Abundance), Laurence Kotlikoff (The Clash of Generations), Greg Farrell (Crash of the Titans), Shaun Rein (The End of Cheap China), Ken Gronbach (The Age Curve), Amity Shlaes (The Forgotten Man), Roger Lowenstein (The End of Wall Street), Jay Elliot (The Steve Jobs Way), Richard Duncan (The Dollar Crisis & The Corruption of Capitalism), Robert Wiedemer (Aftershock), and Steve Slaunwhite (The Wealthy Freelancer). A trademark feature of Hartman Media podcasts are our 'Tenth Ep

Ric Edelman is the CEO and Chairman of Edelman Financial Services and this is his second appearance on the Creating Wealth podcast. Ric hosts his own television and radio show. He is the author of the #1 New York Times bestseller, The Truth About Money and he is here today to share with us insights from his new book, Rescue Your Money. His advice to those interested in investing in their financial future is to diversify your portfolio and to never pay off your long-term mortgage.

 

Key Takeaways:

[3:00] Using software to run your business and income property basics at the next seminar.

[3:51] Inflation: The percentage of increase since 2012.

[10:08] Ricardo, 3D printing is not free and you must consider the inflationary and deflationary forces. 

 

Ric Edelman Guest Interview

[17:45] 11 Great Reasons to Carry a Big, Long Mortgage

[21:45] Behavioral Finance: Why emotionally we make the wrong decisions at the wrong times.

[23:08] Depending on how you spend your money you may be experiencing a very high rate of inflation.

[26:09] Inflation and taxes are the two key obstacles investors face.

[29:03] Nobody knows what the future holds so diversity in your portfolio is of the utmost importance.

[30:41] The 16 major asset classes and market sectors.

[34:22] 2 things people believe about the stock market which are completely false.

 

Mentioned in This Episode:

Jason Hartman

@JHart88 on Voxer

Edelman Financial

The Truth About Money

Rescue Your Money

11 Great Reasons to Carry a Big, Long Mortgage