Creating Wealth Real Estate Investing with Jason Hartman

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/

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/

Bill Tatro is an economist and is a former radio show host of It's All About Money. This is Bill's second time on the Creating Wealth show and Jason catches up with him on what's new in the economy. Bill talks on Gen Y's disinterest in golf and tennis, Gen Y being more money savvy than their parents, and much more on today's episode. 

Key Takeaways:

[1:15] Jason has finally moved to California. 

[3:10] The first event for Venture Alliance starts this Friday evening in San Diego. 

[4:30] Jason introduces Bill Tatro to the show. 

[5:15] Gen Y doesn't seem to be interested in golf. 

[10:20] How does golf and tennis work in a Keynesian world? 

[14:15] Millennials understand finance. 

[18:45] Why will a Keynesian system end in war? 

[25:00] People are just not spending money right now. 

[26:35] The only way out of debt is through inflation. 

[30:00] Most retirees have to sell their assets to create an income stream. 

[34:55] Barrack Obama has succeeded in destroying the middle class and having more people become dependent on the government. 

Mentioned In This Episode:

http://billtatro.com/

Bill Tatro is an economist and is a former radio show host of It's All About Money. This is Bill's second time on the Creating Wealth show and Jason catches up with him on what's new in the economy. Bill talks on Gen Y's disinterest in golf and tennis, Gen Y being more money savvy than their parents, and much more on today's episode.

Key Takeaways:

[1:15] Jason has finally moved to California.

[3:10] The first event for Venture Alliance starts this Friday evening in San Diego.

[4:30] Jason introduces Bill Tatro to the show.

[5:15] Gen Y doesn't seem to be interested in golf.

[10:20] How does golf and tennis work in a Keynesian world?

[14:15] Millennials understand finance.

[18:45] Why will a Keynesian system end in war?

[25:00] People are just not spending money right now.

[26:35] The only way out of debt is through inflation.

[30:00] Most retirees have to sell their assets to create an income stream.

[34:55] Barrack Obama has succeeded in destroying the middle class and having more people become dependent on the government.

Mentioned In This Episode:

http://billtatro.com/

Originally aired as CW 433

In his introduction today, Jason Hartman shares his opinions and experiences with the growing trend of psychiatric prescription drugs, as well as reinstating how real estate investors can avoid having to hand over huge portions of their profit to the government. 

Later, he invites financial analyst Daniel Amerman on as a return guest to the Creating Wealth Show. Together, they discuss their respective solutions for eliminating debt, they talk about new American laws and regulations and their impact on the global financial market and ultimately, they resolve that sometimes you just have to align yourself with those in power to be successful.

Originally aired as CW 433

In his introduction today, Jason Hartman shares his opinions and experiences with the growing trend of psychiatric prescription drugs, as well as reinstating how real estate investors can avoid having to hand over huge portions of their profit to the government.

Later, he invites financial analyst Daniel Amerman on as a return guest to the Creating Wealth Show. Together, they discuss their respective solutions for eliminating debt, they talk about new American laws and regulations and their impact on the global financial market and ultimately, they resolve that sometimes you just have to align yourself with those in power to be successful.

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him. 

Key Takeaways:

[2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason. 

[4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this. 

[9:15] What's the process if you want to get started in real estate? 

[16:35] Listen to the Creating Wealth podcast to get a free education on real estate.

[18:25] Please listen to episode 405 and learn how to read a property pro forma. 

[21:45] You learn a lot just by coming to one of Jason's live events. 

[29:45] Jason's business model is a simple one. They work on referrals and don't charge you a dime. 

[32:00] You can own property without an LLC, but please read Mark Kohler's book, What Your CPA Isn't Telling You.  

[37:35] You can have a good or bad tenant on any A, B, or C class property. 

[39:25] Last thoughts? Don't over think the numbers too much. We are here to help you through the process, all you have to do is start. 

Mentioned In This Episode:

http://www.jasonhartman.com/cw-485-real-estate-investing-chicago-jason-hartman/

http://www.jasonhartman.com/cw-508-market-profile-on-jackson-mississippi-with-market-specialist-brad/

http://www.jasonhartman.com/creating-wealth-255-memphis-foreclosure-profits/

http://www.jasonhartman.com/cw-405-how-to-read-a-property-pro-forma/

https://www.youtube.com/user/JHartmanRealEstate

http://www.jasonhartman.com/cw-514-client-case-study-with-philip-sullivan-in-the-atlanta-kansas-city-and-little-rock-real-estate-markets/

http://www.jasonhartman.com/cw-458-david-porter-platinum-properties-client-speaks-succesfull-income-property-investment-retail-shipping-us-economy/

http://www.jasonhartman.com/cw-459-client-case-study-70-units-fernando/

What Your CPA Isn't Telling You by Mark Kohler

MarkJKohler.com

When Fernando first met Jason, he had a goal to purchase enough properties to successfully achieve 'financial independence day'. A couple of years later, he built an impressive portfolio and is now retired from his job at Apple Computers. Fernando is now one of Jason's investment counselors and today he hopes to answer some common questions his real estate investor clients have been asking him.

Key Takeaways:

[2:00] Jason would love to have listeners on the show. Fill out a guest form at JasonHartman.com/Jason.

[4:45] In the membership section of JasonHartman.com, the audio players use Flash. Jason's team is fixing this.

[9:15] What's the process if you want to get started in real estate?

[16:35] Listen to the Creating Wealth podcast to get a free education on real estate.

[18:25] Please listen to episode 405 and learn how to read a property pro forma.

[21:45] You learn a lot just by coming to one of Jason's live events.

[29:45] Jason's business model is a simple one. They work on referrals and don't charge you a dime.

[32:00] You can own property without an LLC, but please read Mark Kohler's book, What Your CPA Isn't Telling You.

[37:35] You can have a good or bad tenant on any A, B, or C class property.

[39:25] Last thoughts? Don't over think the numbers too much. We are here to help you through the process, all you have to do is start.

Mentioned In This Episode:

http://www.jasonhartman.com/cw-485-real-estate-investing-chicago-jason-hartman/

http://www.jasonhartman.com/cw-508-market-profile-on-jackson-mississippi-with-market-specialist-brad/

http://www.jasonhartman.com/creating-wealth-255-memphis-foreclosure-profits/

http://www.jasonhartman.com/cw-405-how-to-read-a-property-pro-forma/

https://www.youtube.com/user/JHartmanRealEstate

http://www.jasonhartman.com/cw-514-client-case-study-with-philip-sullivan-in-the-atlanta-kansas-city-and-little-rock-real-estate-markets/

http://www.jasonhartman.com/cw-458-david-porter-platinum-properties-client-speaks-succesfull-income-property-investment-retail-shipping-us-economy/

http://www.jasonhartman.com/cw-459-client-case-study-70-units-fernando/

What Your CPA Isn't Telling You by Mark Kohler

MarkJKohler.com

Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 90 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence. 

Key Takeaways:

[1:50] Every time a casino opens in an area, the divorce, suicide and poverty rate increases. 

[8:15] Jason describes derivatives as 'the thing about the thing'. 

[12:15] According to the National Association of Realtors, prices will be increasing. 

[17:20] Jason introduces Joe and investment counselor Sara to the show. 

[21:30] Joe heard Jason's podcast, loved it, and he bought two properties on the spot with him. 

[26:30] Joe purchased a section 8 home and it's been the easiest property to manage so far.  

[27:25] Sara shares her opinion on section 8 homes. 

[33:20] Jason used to think investing in a lot of different cities was good, but now he only recommends being in 3-5 markets instead. 

[36:15] Jason is not happy with Affinity Group Management and talks about why. 

[42:00] Joe invested in stocks before he invested in real estate and lost money in the 2000 crash. 

Mentioned In This Episode:

JasonHartman.com/ 

Jason Hartman talks on how much he hates seeing people being ripped off in Las Vegas casinos and how casinos hurts the local economy more than helps it. He also does a case study with his long time client Joe Gocalves from Los Angeles. Joe has accumulated over 9 properties in five different markets and he shares to the audience why he chose real estate to achieve financial independence.

Key Takeaways:

[1:50] Every time a casino opens in an area, the divorce, suicide and poverty rate increases.

[8:15] Jason describes derivatives as 'the thing about the thing'.

[12:15] According to the National Association of Realtors, prices will be increasing.

[17:20] Jason introduces Joe and investment counselor Sara to the show.

[21:30] Joe heard Jason's podcast, loved it, and he bought two properties on the spot with him.

[26:30] Joe purchased a section 8 home and it's been the easiest property to manage so far.

[27:25] Sara shares her opinion on section 8 homes.

[33:20] Jason used to think investing in a lot of different cities was good, but now he only recommends being in 3-5 markets instead.

[36:15] Jason is not happy with Affinity Group Management and talks about why.

[42:00] Joe invested in stocks before he invested in real estate and lost money in the 2000 crash.

Mentioned In This Episode:

JasonHartman.com/