Creating Wealth Real Estate Investing with Jason Hartman

In the first part of today’s Creating Wealth Show, Jason Hartman talks about the great interviews that listeners can now access, the importance of market experience and muses on what the Federal Housing Finance Agency is really doing in terms of loans and lending.

Later, he invites health and wellbeing expert, Jenny Craig, to talk about her new book, to discuss her business strategy and to talk about what children really learn from their parents’ actions regarding food and exercise.

Key Takeaways

03.00 – Now that the issue with iTunes has been fixed, do go back and listen to the recently uploaded podcasts because Jason Hartman has been talking to some amazing guests and has some great interviews for you – the great Bill Bonner is just one example!

11.35 – Working with a company like Jason’s really gives you the advantage because they have so much market experience and they understand how the cycles work and have always worked.

21.00 – A lack of clarity regarding loans and the FHFA is just confusing matters for lenders and investors.

27.15 – For listeners interested in food and eating healthily, a new, free app named ‘Fooducate’ is just for you.

30.25 – Children remember what they see, and parents who think they can convince their children to eat healthily while they eat fast food are simply delusional.

33.55 – The initial success of Jenny Craig rested on seeing what the rest of the market was doing and finding a way to distinguish the business from everything else out there.

37.25 – You can’t just have a good idea; you need to have the quality there too, and especially if it’s related to what people are eating.

42.45 – In an organization, every member has to have a different skillset and has to bring something new to the team.

47.10 – Franchising is an area where you have to be willing to put in full commitment to everything you do, and for some people, it’s just not the right path.

53.46 – If you have to deal with a government official who is so strictly adhering to nonsensical rules, they can totally ruin your business.

54.50 – One of the best ways to eat more healthily is to get over the misconception that rich ingredients like butter add flavor. The spicing and seasoning is what gives the flavor. 

01.02.00 – Jenny’s latest book, I Believe in Genevieve, can be purchased at independent and nation-wide bookstores, as well as online at www.amazon.com

In the first part of today’s Creating Wealth Show, Jason Hartman talks about the great interviews that listeners can now access, the importance of market experience and muses on what the Federal Housing Finance Agency is really doing in terms of loans and lending.

Later, he invites health and wellbeing expert, Jenny Craig, to talk about her new book, to discuss her business strategy and to talk about what children really learn from their parents’ actions regarding food and exercise.

Key Takeaways

03.00 – Now that the issue with iTunes has been fixed, do go back and listen to the recently uploaded podcasts because Jason Hartman has been talking to some amazing guests and has some great interviews for you – the great Bill Bonner is just one example!

11.35 – Working with a company like Jason’s really gives you the advantage because they have so much market experience and they understand how the cycles work and have always worked.

21.00 – A lack of clarity regarding loans and the FHFA is just confusing matters for lenders and investors.

27.15 – For listeners interested in food and eating healthily, a new, free app named ‘Fooducate’ is just for you.

30.25 – Children remember what they see, and parents who think they can convince their children to eat healthily while they eat fast food are simply delusional.

33.55 – The initial success of Jenny Craig rested on seeing what the rest of the market was doing and finding a way to distinguish the business from everything else out there.

37.25 – You can’t just have a good idea; you need to have the quality there too, and especially if it’s related to what people are eating.

42.45 – In an organization, every member has to have a different skillset and has to bring something new to the team.

47.10 – Franchising is an area where you have to be willing to put in full commitment to everything you do, and for some people, it’s just not the right path.

53.46 – If you have to deal with a government official who is so strictly adhering to nonsensical rules, they can totally ruin your business.

54.50 – One of the best ways to eat more healthily is to get over the misconception that rich ingredients like butter add flavor. The spicing and seasoning is what gives the flavor.

01.02.00 – Jenny’s latest book, I Believe in Genevieve, can be purchased at independent and nation-wide bookstores, as well as online at www.amazon.com

Jason talks a little a bit about what's going on in the world today and touches on some subjects like fusion fuel, cool apps, and more. Later in this podcast Jason interviews John Challenger about employment growth and what are some of the hotspots in the United States. John Challenger is an expert in global outplacement and career opportunities. He is the CEO of the Challenger, Gray & Christmas firm. The firm conducts regular surveys and reports about the current state of the economy, like layoffs, employment, and executive compensation. 

Key Takeaways:

5:45 – Fusion fuel is much more efficient and safer in today's market. 

8:40 – Every problem we've encountered, we've been able to solve with bonuses! With all the technology that's going on today, it's a great time to be alive. 

10:45 – Jason loves the app called Fooducate. The app will scan the label and give you a grade as to how healthy the food product is and why.

15:30 – High speed trading is illegal and should be considered as insider trading. 

17:00 – Jason Hartman is having a sale on his physical products. Check it out at http://www.jasonhartman.com

19:10 – Trainees who are part of the Little Rock Tour will celebrate a turkey dinner with Jason on Saturday, Nov 22. 

21:40 – What areas of the country has good employment growth? Here's a clue - The Mid West. 

25:00 – Most of the job cuts we're seeing today are from mergers and acquisitions and not from companies generating low revenue. 

29:45 – There are so many jobs that don't need degrees. 

35:00 – The education industry is so overpriced in a world where students can just take their classes online.

37:45 – There's some great robot technology going on. People are currently working on a robot to help minimize doctor mistakes.  

40:10 – We're making far more stuff with much less people. 

42:00 – What are some of the hot spots geographically? Illinois, California, New Jersey, Arizona, and more. 

Jason talks a little a bit about what's going on in the world today and touches on some subjects like fusion fuel, cool apps, and more. Later in this podcast Jason interviews John Challenger about employment growth and what are some of the hotspots in the United States. John Challenger is an expert in global outplacement and career opportunities. He is the CEO of the Challenger, Gray & Christmas firm. The firm conducts regular surveys and reports about the current state of the economy, like layoffs, employment, and executive compensation.

Key Takeaways:

5:45 – Fusion fuel is much more efficient and safer in today's market.

8:40 – Every problem we've encountered, we've been able to solve with bonuses! With all the technology that's going on today, it's a great time to be alive.

10:45 – Jason loves the app called Fooducate. The app will scan the label and give you a grade as to how healthy the food product is and why.

15:30 – High speed trading is illegal and should be considered as insider trading.

17:00 – Jason Hartman is having a sale on his physical products. Check it out at http://www.jasonhartman.com

19:10 – Trainees who are part of the Little Rock Tour will celebrate a turkey dinner with Jason on Saturday, Nov 22.

21:40 – What areas of the country has good employment growth? Here's a clue - The Mid West.

25:00 – Most of the job cuts we're seeing today are from mergers and acquisitions and not from companies generating low revenue.

29:45 – There are so many jobs that don't need degrees.

35:00 – The education industry is so overpriced in a world where students can just take their classes online.

37:45 – There's some great robot technology going on. People are currently working on a robot to help minimize doctor mistakes.

40:10 – We're making far more stuff with much less people.

42:00 – What are some of the hot spots geographically? Illinois, California, New Jersey, Arizona, and more.

On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price.

Senate Libertarian candidate, Sean Haugh, features as Jason’s guest and together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign.

Takeaways

02.00 – Jason Hartman’s personal risk evaluator model relies on construction cost and land cost, and this is a great way to minimize risk when investing in real estate.

06.30 – If you’re building in a higher price area, you’re going to have to pay your contractors more because they have to be able to afford to live in that area.

11.10 -  Three sources of assessing your land value: tax collector or assessor for property taxes, an insurance broker - an insurance company selling you a policy based on the property, and an appraiser. 

17.45 – If you’re interested in looking for the sorts of properties that can offer you regression to replacement opportunities, come along to the Birmingham, Alabama property tour in November.

20.10 – For more information specifically about risk assessment in investing, go to www.JasonHartman.com and type in ‘Hartman risk evaluator’ into the search bar to find podcasts and blog posts.

22.30 – Another recommendation for you is to look for the podcast and YouTube video about how to read a property Proforma. This is a really vital skill you can use to become a better investor.

25.20 – Surely we can’t go to war with anybody unless we have a direct congressional authorization?

31.00 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us.

39.50 – With everything going on in the world, one of the most important things for us to do is work on empowering women.

47.00 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers.

51.20 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also find his YouTube channel by just searching his name.

On today’s Creating Wealth Show, Jason Hartman talks about the vital side of investing that is construction cost. As an investor within real estate, it’s so important to know the situation, whether it be adjusting how much you pay contractors to match with the area itself or knowing just how much the replacements to your property would be compared with the actual cost price.

Senate Libertarian candidate, Sean Haugh, features as Jason’s guest and together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign.

Takeaways

02.00 – Jason Hartman’s personal risk evaluator model relies on construction cost and land cost, and this is a great way to minimize risk when investing in real estate.

06.30 – If you’re building in a higher price area, you’re going to have to pay your contractors more because they have to be able to afford to live in that area.

11.10 - Three sources of assessing your land value: tax collector or assessor for property taxes, an insurance broker - an insurance company selling you a policy based on the property, and an appraiser.

17.45 – If you’re interested in looking for the sorts of properties that can offer you regression to replacement opportunities, come along to the Birmingham, Alabama property tour in November.

20.10 – For more information specifically about risk assessment in investing, go to www.JasonHartman.com and type in ‘Hartman risk evaluator’ into the search bar to find podcasts and blog posts.

22.30 – Another recommendation for you is to look for the podcast and YouTube video about how to read a property Proforma. This is a really vital skill you can use to become a better investor.

25.20 – Surely we can’t go to war with anybody unless we have a direct congressional authorization?

31.00 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us.

39.50 – With everything going on in the world, one of the most important things for us to do is work on empowering women.

47.00 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers.

51.20 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also find his YouTube channel by just searching his name.

In preparation for the upcoming Property Tour and Creating Wealth Seminar, taking place in Birmingham, Alabama on the 22ndand 23rd November, today’s Creating Wealth Show has Jennifer as its guest. She works as part of the local market specialist team in Birmingham and takes the time to fill us in on the trends she’s noticed in the property market, the influence of the Section 8 program and some general tips on how to make the most of this part of the country for potential investing.

Key Takeaways

01.20 – The next property tour will be taking place the weekend before Thanksgiving in November in Birmingham, Alabama.

05.40 – Bulletproofing a property is all about removing anything with mechanical parts which might prove a potential issue to the tenant. This ends up making investors’ lives much easier.

09.40 – In some markets, additional selling points don’t actually increase rental rates at all.

12.40 – Birmingham is fortunate to have a very stable market and additional houses for rehab are found through MLS, auctions and through mailing campaigns to potential sellers.

20.00 – It’s true that working as an investor within a Section 8 program isn’t always for everyone, and that all depends on your own personality.

21.45 – All properties are done up in compliance with Section 8, so regardless of the tenant’s personal profile, the property is ready for them to move in after approval.

23.00 – In most of the areas of Birmingham, healthcare and manufacturing are the largest employment industries.

25.43 – The latest statistic shows that around 43% of Birmingham’s population is rental based, which is a great pool to pull from.

In preparation for the upcoming Property Tour and Creating Wealth Seminar, taking place in Birmingham, Alabama on the 22ndand 23rd November, today’s Creating Wealth Show has Jennifer as its guest. She works as part of the local market specialist team in Birmingham and takes the time to fill us in on the trends she’s noticed in the property market, the influence of the Section 8 program and some general tips on how to make the most of this part of the country for potential investing.

Key Takeaways

01.20 – The next property tour will be taking place the weekend before Thanksgiving in November in Birmingham, Alabama.

05.40 – Bulletproofing a property is all about removing anything with mechanical parts which might prove a potential issue to the tenant. This ends up making investors’ lives much easier.

09.40 – In some markets, additional selling points don’t actually increase rental rates at all.

12.40 – Birmingham is fortunate to have a very stable market and additional houses for rehab are found through MLS, auctions and through mailing campaigns to potential sellers.

20.00 – It’s true that working as an investor within a Section 8 program isn’t always for everyone, and that all depends on your own personality.

21.45 – All properties are done up in compliance with Section 8, so regardless of the tenant’s personal profile, the property is ready for them to move in after approval.

23.00 – In most of the areas of Birmingham, healthcare and manufacturing are the largest employment industries.

25.43 – The latest statistic shows that around 43% of Birmingham’s population is rental based, which is a great pool to pull from.

On today’s Creating Wealth Show, host Jason Hartman talks to financial maven and author, Bill Bonner, about his new book,Hormegeddon, how to create money out of thin air, the situation in Japan and whether you really can have too much of a good thing. Bill’s company, Agora Financial, is a leading marketplace for advice and talking points about everything to do with investing so he’s perfectly placed to assist those looking to increase their investment prowess.

Ahead of the interview, Jason addresses the Elon Musk announcement of semi-autonomous cars and their inevitably disruptive impact on everything – including real estate.

Takeaways

– The title for Bill Bonner’s latest book, Hormegeddon, comes from the term for specific biological experiments which went awry: hormesis.

– With many of these things they can start out as beneficial but the more you use them, the more issues arise.

– The notion of creating money is so difficult for even experts to understand – how can real money be created from absolutely nothing? From thin air?

– The trade of the decade assessment is not a prediction; it’s all about analysing what’s up and what’s down.

– The situation that Japan is currently in is terrible, and it doesn’t look to be improving in the immediate future.

– Indeed, there’s every possibility that the US could follow suit and end up in a similar situation to Japan, especially with ever-increasing Chinese trade agreements using Chinese currency clauses.

– One potential option could be ‘direct monetary funding’ which is the act of giving money, rather than lending it, in an attempt to bring the economy back up by consumer spending.

– If you borrow money long-term for real estate purposes and it’s on a low-rate basis, inflation can eventually come along and pay off your debt for you.

– Too much of a good thing is only too much. We view security as a good thing, but consider the money the Germans were spending on their own security during the war and that just can’t be justifiable.

– Declining marginal utility is where you invest too much into one thing and it all backfires.

– Decades ago, the huge houses used to be owned by people who made things and had a real role in society and manufacturing; now they’re just owned by hedge-fund guys.

– With all of the technological advances now occurring, this is an amazing time to be alive.

– Agora exists as a marketplace to collect together everyone’s questions and answers about investing because no one knows who’s going to have the right answer.

– For more information, head to www.AgoraFinancial.com or for an entertaining read, check out www.DailyReckoning.com

Tweetables

We spent 200,000 developing our sentiments and our bodies as humans, but now we’re so unequipped to deal with quantitative easing. Tweet this!

Empires get to impose their currency, but over time, they lose that ability – the dollar could seriously fall. Tweet this!

On today’s Creating Wealth Show, host Jason Hartman talks to financial maven and author, Bill Bonner, about his new book,Hormegeddon, how to create money out of thin air, the situation in Japan and whether you really can have too much of a good thing. Bill’s company, Agora Financial, is a leading marketplace for advice and talking points about everything to do with investing so he’s perfectly placed to assist those looking to increase their investment prowess.

Ahead of the interview, Jason addresses the Elon Musk announcement of semi-autonomous cars and their inevitably disruptive impact on everything – including real estate.

Takeaways

– The title for Bill Bonner’s latest book, Hormegeddon, comes from the term for specific biological experiments which went awry: hormesis.

– With many of these things they can start out as beneficial but the more you use them, the more issues arise.

– The notion of creating money is so difficult for even experts to understand – how can real money be created from absolutely nothing? From thin air?

– The trade of the decade assessment is not a prediction; it’s all about analysing what’s up and what’s down.

– The situation that Japan is currently in is terrible, and it doesn’t look to be improving in the immediate future.

– Indeed, there’s every possibility that the US could follow suit and end up in a similar situation to Japan, especially with ever-increasing Chinese trade agreements using Chinese currency clauses.

– One potential option could be ‘direct monetary funding’ which is the act of giving money, rather than lending it, in an attempt to bring the economy back up by consumer spending.

– If you borrow money long-term for real estate purposes and it’s on a low-rate basis, inflation can eventually come along and pay off your debt for you.

– Too much of a good thing is only too much. We view security as a good thing, but consider the money the Germans were spending on their own security during the war and that just can’t be justifiable.

– Declining marginal utility is where you invest too much into one thing and it all backfires.

– Decades ago, the huge houses used to be owned by people who made things and had a real role in society and manufacturing; now they’re just owned by hedge-fund guys.

– With all of the technological advances now occurring, this is an amazing time to be alive.

– Agora exists as a marketplace to collect together everyone’s questions and answers about investing because no one knows who’s going to have the right answer.

– For more information, head to www.AgoraFinancial.com or for an entertaining read, check out www.DailyReckoning.com

Tweetables

We spent 200,000 developing our sentiments and our bodies as humans, but now we’re so unequipped to deal with quantitative easing. Tweet this!

Empires get to impose their currency, but over time, they lose that ability – the dollar could seriously fall. Tweet this!