Creating Wealth Real Estate Investing with Jason Hartman

Orginally aired as CW 117

“For far too long, too many people have regarded home ownership as ‘a good thing.’ It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks.” This statement by Creating Wealth Show guest, American economist Thomas Sowell has been regretfully muttered by many homeowners in various forms over the past two years.

Sowell is currently a senior fellow with The Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Known for his economically laissez-faire perspective style while writing, Sowell’s latest book, The Housing Boom and Bust, shows how Democrats and Republicans ruined both the housing and financial markets.

Tune in as your host, Jason Hartman and Thomas Sowell discuss how “the current economic crisis grew out of policies based on good intentions and mushy thinking.” Upcoming Shows will feature: Andrew Waite, Publisher of Personal Real Estate Investor Magazine and Dan Blacharski, author of The Part-Time Real Estate Investor: How to Generate Huge Profits While Keeping Your Day Job.

Throughout history the human race has not changed much even with all the extreme technology in our lives today. There is a chance of robot labor causing mass unemployment but it’s not likely. Entrepreneurs by nature are persistent, durable and pig headed which leads to innovative and determination. For the United States to continue its great heritage we need more experimentation in education, to make use of all of North American assets and to follow the 6 key steps to building great companies a belief of Gary Hoover.  

Key Takeaways:

Jason’s Editorial: 

[2:36] Memories of Monopoly, past and recent 

[6:56] Memories of Facebook, during the recession

[8:54] Cash flow in a RV ratio 

[10:20] The San Diego event - JHU Live 

Gary Hoover interview:

[11:28] The addiction of collecting memorabilia

[12:50] Becoming efficient in learning is harder with digital books

[14:52] The table of contents contains the key points

[18:28] Thick books sell but e-books are the future

[21:54] Many reference books are 300-1500 pages 

[23:07] The lemming effect - Ben & Jerry’s were the cool entrepreneurs

[24:37] The value of The Book Stop 

[27:49] Startups need to look at the long term

[29:10] Europe’s standard of living is much lower than the U.S.

[32:34] Raising the minimum wage is cruel

[34:27] You attitude makes all the difference 

[36:27]  North American countries working together would be a powerful force

[37:54] Curiosity has been driven out of kids heads in the U.S. 

[41:25] The first innovation museum, robotics are part of lives right now

[44:17] A rise of craft manufacturing in our affluent society

[45:44] Training and educating our children for the future

[48:07] Economist Robert Fogel, a spiritual shortage

[50:30] Contact Gary at [email protected]

Mentions:

EO Conference

JasonHartman.com

UT School of information 

Hoover’s World 

The Fourth Great Awakening 

Throughout history the human race has not changed much even with all the extreme technology in our lives today. There is a chance of robot labor causing mass unemployment but it’s not likely. Entrepreneurs by nature are persistent, durable and pig headed which leads to innovative and determination. For the United States to continue its great heritage we need more experimentation in education, to make use of all of North American assets and to follow the 6 key steps to building great companies a belief of Gary Hoover.

Key Takeaways:

Jason’s Editorial:

[2:36] Memories of Monopoly, past and recent

[6:56] Memories of Facebook, during the recession

[8:54] Cash flow in a RV ratio

[10:20] The San Diego event - JHU Live

Gary Hoover interview:

[11:28] The addiction of collecting memorabilia

[12:50] Becoming efficient in learning is harder with digital books

[14:52] The table of contents contains the key points

[18:28] Thick books sell but e-books are the future

[21:54] Many reference books are 300-1500 pages

[23:07] The lemming effect - Ben & Jerry’s were the cool entrepreneurs

[24:37] The value of The Book Stop

[27:49] Startups need to look at the long term

[29:10] Europe’s standard of living is much lower than the U.S.

[32:34] Raising the minimum wage is cruel

[34:27] You attitude makes all the difference

[36:27] North American countries working together would be a powerful force

[37:54] Curiosity has been driven out of kids heads in the U.S.

[41:25] The first innovation museum, robotics are part of lives right now

[44:17] A rise of craft manufacturing in our affluent society

[45:44] Training and educating our children for the future

[48:07] Economist Robert Fogel, a spiritual shortage

[50:30] Contact Gary at [email protected]

Mentions:

EO Conference

JasonHartman.com

UT School of information

Hoover’s World

The Fourth Great Awakening

Dr. Vitale believes when you learn to get clean with money and stop self sabotaging your financial future you will start to attract more money to you. You must first get through the filters that are your beliefs and see what is really possible to know you are deserving of living a wealthy life. When you want something and have the means to obtain it you should buy it to reinforce an unconscious belief of worthiness. And, always give back a portion of your good fortune to create a bond of trust in the universe.  

Key Takeaways:

Jason’s Editorial:

[2:01] Indicators for an available single family property in Chicago area 

[5:32] What is a DCR?

[8:45] Sign up for JHU - Live in San Diego August 29th & 30th

[9:25] An iTunes review gets you 30% off! 

Dr. Joe Vitale Interview:

[12:54] Dr. Vitale has been working on this lately

[15:33] The lifestyle of the rich and famous is better than poverty

[16:00] The 2 reasons you don’t let money into your life

[17:03] Get clean with money, money isn’t evil money is neutral 

[18:56] The Secret is an introduction to an idea

[19:56] Taking inspired action after visualising your want

[21:55] Our conscious beliefs are us in the waking world

[24:32] The 7 steps in the free Attract Money Now book 

[26:30] The difference between a fact and a belief

[30:13] The psychology around prosperous purchasing  

[32:40] No one is preventing you from making more money 

[34:11] Give 10% of what you have to what or who inspires you

[38:06] Think like an entrepreneur and look for opportunities

[38:50] Listen for complaints and make the product or service solution 

[41:20] Mr. Fire ignites something in people 

Mentions:

JasonHartman.com

[email protected]

Attractor Factor

Life’s Missing Instruction Manual 

Attract Money Now

The Secret

The Secret Prayer 

Hypnotic Marketing

Miracles Manual 

7 Habits of Highly Effective People

JoeVitale.com

Dr. Vitale believes when you learn to get clean with money and stop self sabotaging your financial future you will start to attract more money to you. You must first get through the filters that are your beliefs and see what is really possible to know you are deserving of living a wealthy life. When you want something and have the means to obtain it you should buy it to reinforce an unconscious belief of worthiness. And, always give back a portion of your good fortune to create a bond of trust in the universe.

Key Takeaways:

Jason’s Editorial:

[2:01] Indicators for an available single family property in Chicago area

[5:32] What is a DCR?

[8:45] Sign up for JHU - Live in San Diego August 29th & 30th

[9:25] An iTunes review gets you 30% off!

Dr. Joe Vitale Interview:

[12:54] Dr. Vitale has been working on this lately

[15:33] The lifestyle of the rich and famous is better than poverty

[16:00] The 2 reasons you don’t let money into your life

[17:03] Get clean with money, money isn’t evil money is neutral

[18:56] The Secret is an introduction to an idea

[19:56] Taking inspired action after visualising your want

[21:55] Our conscious beliefs are us in the waking world

[24:32] The 7 steps in the free Attract Money Now book

[26:30] The difference between a fact and a belief

[30:13] The psychology around prosperous purchasing

[32:40] No one is preventing you from making more money

[34:11] Give 10% of what you have to what or who inspires you

[38:06] Think like an entrepreneur and look for opportunities

[38:50] Listen for complaints and make the product or service solution

[41:20] Mr. Fire ignites something in people

Mentions:

JasonHartman.com

[email protected]

Attractor Factor

Life’s Missing Instruction Manual

Attract Money Now

The Secret

The Secret Prayer

Hypnotic Marketing

Miracles Manual

7 Habits of Highly Effective People

JoeVitale.com

Orginally aired as CW 141

During turbulent economic times, people can become their own worst enemy.  The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom.

Learn from the mistakes of others rather than “the school of hard knocks.” Tune in to this episode of The Creating Wealth Show as Jason reveals 30 fatal mistakes you must avoid in order to achieve financial independence and investing success. Upcoming shows will feature: Bradford B. Smart, author of Topgrading for Sales: World-Class Methods to Interview, Hire, and Coach Top Sales Representatives and Lisa Bromma, author of Wise Women Invest In Real Estate.

Orginally aired as CW 141

During turbulent economic times, people can become their own worst enemy. The uncertainty of the stock market creates massive insecurity about our investment portfolios. These doubts are quite reasonable and it is time to stop trusting Wall Street and start being a direct investor by purchasing hard assets which are not subject to the greed, graft and manipulation of CEOs, investment bankers, fund managers and the government. Prudent investing is a prerequisite to The American Dream of financial freedom.

Learn from the mistakes of others rather than “the school of hard knocks.” Tune in to this episode of The Creating Wealth Show as Jason reveals 30 fatal mistakes you must avoid in order to achieve financial independence and investing success. Upcoming shows will feature: Bradford B. Smart, author of Topgrading for Sales: World-Class Methods to Interview, Hire, and Coach Top Sales Representatives and Lisa Bromma, author of Wise Women Invest In Real Estate.

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit battered in Jason’s property tour review episode and called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states. 

Key Takeaways:

Jason’s Editorial:

[1:22] Great upcoming episodes

[3:16] Scott McManus warns about using Self Directed IRA’s for real estate

[5:00] Thorough background checks 

[5:52] Mitigating your risks by choosing a larger investment organization

[6:48] An LLC entity inside of an IRA

[9:05] The big event in Mission Valley San Diego 

Greg Scott Interview:

[12:12] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener

[15:27] All real estate is local 

[17:51] The 11th wealthiest city in the U.S. is in Detroit

[20:26] Trends in the Detroit area

[22:21] Optimism for the city proper

[27:31] Investing in an industry that is not your bread and butter

[28:16] Greg’s powerpoint presentation and the syndication 

[35:10] Export Marketing and Product Forecasting for Ford 

[36:34] Self driving cars is a project every automotive company is working towards

[39:12] Ann Arbor has a fake city to test self driving cars

[41:06] The freedom that goes along with self driving vehicles

[44:55] The parking real estate conundrum

[47:19] Painting a better picture of Detroit 

[49:28] A flipper who became a long term investor 

Mentions:

JasonHartman.com

Greg is a long time listener of the Creative Wealth show and purchased his portfolio properties through Jason’s channels way back in the late 2000’s. Greg heard his hometown of Detroit battered in Jason’s property tour review episode and called in to set the record straight about possible opportunities in Southern Michigan. He and his wife work in the automotive industry and are successful real estate investors in several different states.

Key Takeaways:

Jason’s Editorial:

[1:22] Great upcoming episodes

[3:16] Scott McManus warns about using Self Directed IRA’s for real estate

[5:00] Thorough background checks

[5:52] Mitigating your risks by choosing a larger investment organization

[6:48] An LLC entity inside of an IRA

[9:05] The big event in Mission Valley San Diego

Greg Scott Interview:

[12:12] Greg is a Jason Hartman real estate investing success story and Jason’s favorite listener

[15:27] All real estate is local

[17:51] The 11th wealthiest city in the U.S. is in Detroit

[20:26] Trends in the Detroit area

[22:21] Optimism for the city proper

[27:31] Investing in an industry that is not your bread and butter

[28:16] Greg’s powerpoint presentation and the syndication

[35:10] Export Marketing and Product Forecasting for Ford

[36:34] Self driving cars is a project every automotive company is working towards

[39:12] Ann Arbor has a fake city to test self driving cars

[41:06] The freedom that goes along with self driving vehicles

[44:55] The parking real estate conundrum

[47:19] Painting a better picture of Detroit

[49:28] A flipper who became a long term investor

Mentions:

JasonHartman.com

Vladimir Putin’s rise to the top is a Shakespearean drama. Putin the President was created by a group of wealthy businessmen to replace Boris Yeltsin. While believing they found a man who aligned with their own desires to keep the money at the top, Putin had different ideas. He successfully brought down elite families who disagreed with his politics. Russians embraced the leader and made him one of most popular Russian presidents of all time. Ben Mezrich shares his journey of writing his latest book, soon to be movie, Once Upon a Time in Russia.  

Key Takeaways: 

Jason’s Editorial:

[1:24] JHU live - Jason Hartman University Live 

[2:44] In beautiful Mission Valley San Diego on August 29th 

[4:18] In depth training on building your own portfolio

[6:01] You’ll get an official property acquisition checklist 

[7:00] Learn property portfolio planning 

[8:07] Early bird pricing until August 1st

[10:05] Leave a review on iTunes and you get 30% discount on JHU

[10:58] Inflation induced debt destruction

Ben Mezrich Interview:

[14:51] Many stories just kind of came to me

[15:45] Misconceptions about Putin 

[16:14] Oligarchs miscalculated and created Putin by mistake

[18:17] The Godfather of the Kremlin

[18:55] Putin was an assistant KGB agent with average pay

[20:57] The Russians love Putin and possibly some Ukrainians too

[24:06] This story is a very Shakespearean drama  

[25:32] Warner Studio is making the movie

[26:10] Putin may be around for a long time

[27:52] Russia is in the midst of crony capitalism

[29:12] Will Russia have a middle class in the future?

[32:00] Yeltsin basically made the Oligarchs to fend off Communism

[33:37] Was entering Ukraine and effort to recruit young people for Russia?

[34:44] When oil prices go down the Russian economy suffers

Mentions:

JasonHartman.com

[email protected]

Ben Mezrich

Bringing Down the House 

The Accidental Billionaires

Once Upon A Time in Russia 

@benmezrich