Creating Wealth Real Estate Investing with Jason Hartman

Laurence Kotlikoff is a second time guest to the Creating Wealth show and has a lot to share on the subject of economics and Social Security. Laurence Kotlikoff is a William Warren FairField Professor for Economics at Boston University and recently released a book entitled, Get What's Yours: The Secrets to Maxing Out Your Social Security. Laurence sits down with Jason to talk on the growing Social Security problem, the U.S. government's 210 trillion dollar time bomb, and what kind of economic environment we should expect in the next ten years.

Key Takeaways:

[4:15] U-Haul is a good litmus test for migration trends.

[9:25] Jason recommends reading The Untethered Soul by Michael Singer.

[10:45] Look out for the informal Chicago property tour July 15th.

[14:00] Jason welcomes Laurence Kotlikoff to the show.

[14:55] How is Social Security sexist?

[19:30] By waiting until you're 70-years-old, you'd be collecting a 76% higher Social Securities check.

[25:30] The true fiscal gap the government is facing is around 210 trillion dollars.

[30:15] How does the U.S. debt compare to the rest of the world?

[39:55] Should we expect an inflationary, deflationary, or stagnationary economy in the future?

[43:50] Laurence encourages even the younger generation to the read his book, Get What's Yours.

[45:40] ThePurplePlans.org is a website that shares details on how economists believe you can fix the economy.

Mentioned In This Episode:

The Untethered Soul by Michael Singer

http://www.promover.org/

https://www.maximizemysocialsecurity.com/

http://www.kotlikoff.net/

http://www.thepurpleplans.org/

Catherine McBreen is the President of Millionaire Corner and the author of “Get Rich, Stay Rich, Pass it On: The Wealth-Accumulation Secrets of America’s Richest Families”.

The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks have had on this run-up. She recently released a service called “Find an Advisor,” and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors. McBreen finally talks about the effect money has on happiness and marriage relations.

Visit Millionaire Corner at www.millionairecorner.com.

Catherine McBreen is the President of Millionaire Corner and the author of “Get Rich, Stay Rich, Pass it On: The Wealth-Accumulation Secrets of America’s Richest Families”.

The U.S. is now seeing record numbers of millionaires. McBreen explains the effect stocks have had on this run-up. She recently released a service called “Find an Advisor,” and discusses how it helps people find the best financial advisor for them. She also analyzes investment newsletters in lieu of financial advisors. McBreen finally talks about the effect money has on happiness and marriage relations.

Visit Millionaire Corner at www.millionairecorner.com.

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode. 

Key Takeaways:

[2:25] What did Fernando think of the first Venture Alliance mastermind meeting? 

[10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors.  

[14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th. 

[15:40] Jason introduces Bob Proctor. 

[17:05] Bob helps people recognize who they are, how to set goals, and much more. 

[20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change.  

[26:55] The U.S is filled with creativity compared to other countries like China, for example. 

[29:50] What's Bob's thoughts on The Secret? 

[34:25] How do we find our purpose? 

[38:05] Bob gives some quick tips on how to accomplish your goals. 

[39:35] Do your work, put your heart into it, and the sky will clear. 

Mentioned In This Episode:

www.proctorgallagherinstitute.com

Jason invites Fernando to talk about the first inaugural event of the Venture Alliance mastermind meeting. Fernando says it was a small number of people who attended, but the value of information that he gained was priceless. Bob Proctor is today's Creating Wealth main guest. He is widely considered one of the greatest speakers on personal development and he teaches people how to unlock their hidden abilities. Bob and Jason talk on the subject of creativity, taking control of your life, breaking out of your conditioning, and much more on today's episode.

Key Takeaways:

[2:25] What did Fernando think of the first Venture Alliance mastermind meeting?

[10:30] It's very difficult to find larger, more speculative deals on your own without the support of more experienced real estate investors.

[14:05] You can join Jason and Fernando on an informal Chicago property tour and just hang out with the guys on July 16th.

[15:40] Jason introduces Bob Proctor.

[17:05] Bob helps people recognize who they are, how to set goals, and much more.

[20:45] We're conditioned to live the way we live and if that doesn't change, the results don't change.

[26:55] The U.S is filled with creativity compared to other countries like China, for example.

[29:50] What's Bob's thoughts on The Secret?

[34:25] How do we find our purpose?

[38:05] Bob gives some quick tips on how to accomplish your goals.

[39:35] Do your work, put your heart into it, and the sky will clear.

Mentioned In This Episode:

www.proctorgallagherinstitute.com

Jason invites Ian Kimal to answer some his question. Ian has been a Creating Wealth listener for quite some time and asks Jason on how to successfully screen a good management company, owning apartments versus single-family homes, and much more on today's episode.  

Key Takeaways:

[1:35] Jason talks about some of the upcoming episodes you can expect. 

[4:40] The mastermind group last weekend was a great success. 

[10:10] Zimbabwe is the perfect example of what happens with bad governance and central banking. 

[12:50] Jason invites a listener, Ian Kimbal, to the show. 

[16:20] If Jason purchased a property later in life, he would have missed out on a great learning opportunity. 

[17:00] Apartments are complicated, but they're still do-able. 

[23:40] How do you protect yourself from liability when you're young? 

[32:35] Have a separate bank account for your real estate investing activities

[34:05] Should you get a real estate specific resume? 

[38:48] What are the best ways to screen property management companies?

[47:00] Should you go out and physically look at a property? 

Mentioned In This Episode:

http://www.venturealliancemastermind.com/

Jason invites Ian Kimal to answer some his question. Ian has been a Creating Wealth listener for quite some time and asks Jason on how to successfully screen a good management company, owning apartments versus single-family homes, and much more on today's episode.

Key Takeaways:

[1:35] Jason talks about some of the upcoming episodes you can expect.

[4:40] The mastermind group last weekend was a great success.

[10:10] Zimbabwe is the perfect example of what happens with bad governance and central banking.

[12:50] Jason invites a listener, Ian Kimbal, to the show.

[16:20] If Jason purchased a property later in life, he would have missed out on a great learning opportunity.

[17:00] Apartments are complicated, but they're still do-able.

[23:40] How do you protect yourself from liability when you're young?

[32:35] Have a separate bank account for your real estate investing activities

[34:05] Should you get a real estate specific resume?

[38:48] What are the best ways to screen property management companies?

[47:00] Should you go out and physically look at a property?

Mentioned In This Episode:

http://www.venturealliancemastermind.com/

Oringally aired as CW 362

The tables have been turned on Jason Hartman during Episode #362 of The Creating Wealth Show. Normally Jason asks the questions, but today, host Kerry Lutz of the Financial Survival Network sets the agenda. What transpires is a nuts and bolts crash course in the exact reasons single family residential properties are Jason’s preferred form of investing, bar none. Better than the stock market or gold by a long shot, and safer than apartment complexes or commercial properties. If you have an interest in a better understanding of the kind of investing that creates actual wealth for the long term, don’t skip this show.

About Kerry Lutz

Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life-long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company.
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In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission, much like that of Jason Hartman’s, is helping you to survive and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong and Peter Grandich. Kerry now appears on 1230 WBZT, in West Palm Beach, FL, every Sunday from 9am-10pm EST.

In This Episode, Jason Addresses:

Don’t miss Jason’s monologue, which leads off this episode. He discusses the recent merger of eLance and oDesk, the scam of life insurance as an investment,why college no longer makes financial sense, and what Steve Jobs told President Obama about creating more jobs.

Links:

The Financial Survival Network
Check out this episode!

Oringally aired as CW 362

The tables have been turned on Jason Hartman during Episode #362 of The Creating Wealth Show. Normally Jason asks the questions, but today, host Kerry Lutz of the Financial Survival Network sets the agenda. What transpires is a nuts and bolts crash course in the exact reasons single family residential properties are Jason’s preferred form of investing, bar none. Better than the stock market or gold by a long shot, and safer than apartment complexes or commercial properties. If you have an interest in a better understanding of the kind of investing that creates actual wealth for the long term, don’t skip this show.

About Kerry Lutz

Kerry Lutz has been a student of Austrian Economics since 1977. While attending Pace University, he stumbled upon an extensive cache of Austrian Economic Literature in a dark, musty, abandoned section of the school’s library. After graduating from The New York Law School, he became an attorney and life-long serial entrepreneur. His diverse career has included: running a legal printing company, practicing commercial law and litigation and founding a successful distressed asset investment company..In 2010, Kerry gave up most of his other interests to pursue his long held desire of becoming a radio show host. Thus the Financial Survival Network was born. Its mission, much like that of Jason Hartman’s, is helping you to survive and thrive in the New Economy. He has done hundreds of interviews with such financial luminaries as Peter Schiff, Harry S. Dent, Martin Armstrong and Peter Grandich. Kerry now appears on 1230 WBZT, in West Palm Beach, FL, every Sunday from 9am-10pm EST.

In This Episode, Jason Addresses:

• Is the dollar collapse real or fiction and why it might not matter
• Why math math is irrelevant when it comes to the economy
• Where Chinese millionaires want to live
• Why residential property investments beat multi-family and commercial
• How you can tell if your real estate portfolio is diversified
• What’s wrong with most real estate gurus’ and their promises
• much, MUCH more…

Don’t miss Jason’s monologue, which leads off this episode. He discusses the recent merger of eLance and oDesk, the scam of life insurance as an investment,why college no longer makes financial sense, and what Steve Jobs told President Obama about creating more jobs.

Links:

The Financial Survival NetworkCheck out this episode!

Jason Hartman has answered a number of Steve G. Jones's voice mail questions on previous Creating Wealth episodes and now he appears today as a guest! Steve has a lot of great questions for Jason on the topics of purchasing income property, renting versus buying properties, and much more. By the way, during Jason's move from Phoenix to California, he found another dozen of the physical product of the Meet the Masters home study courses. Go to JasonHartman.com to buy it at an incredible discount.

Key Takeaways:

[3:50] There's no such thing as return on equity.

[9:30] Longevity is a big deal, so let's plan for it in our investment strategy. 

[11:20] Jason plays and answers a listener question. 

[16:00] In moving, Jason found another dozen Meet the Masters home study courses. Go to JasonHartman.com to get it at an incredible discount. 

[17:45] Jason invites a listener, Steve G. Jones, onto the show. 

[24:50] The Khan Academy has some great videos on the difference between renting versus owning. 

[29:15] Jason's rent to value ratio holds up worldwide. 

[38:00] What would Jason buy if he had a $1.2 million credit line and $1m in cash? 

[42:50] There are only three types of smart investments you can make with your money. Jason explains. 

[47:15] Don't be in the stock market! You'll just get ripped off. 

[50:55] If you have more questions for Jason, please feel free to call in and appear on the Creating Wealth show. 

Mentioned In This Episode:

http://www.jasonhartman.com/

https://www.khanacademy.org/