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Rabbi Evan translates the wisdom of King Solomon of the Hebrew Bible to ideas in which we can use and live by today. Today, Evan shares his thoughts about how we respond to challenges. In some situations, the key to success is planning and staying ahead, but in certain times we are forced to live responsively.
Key Takeaways:
[2:00] Sometimes you have to think like a chess player, ten moves ahead. While sometimes, we have to think like a tennis player, more responsively.
[5:00] We must learn to be adaptable and adjust our strategy in a responsive method.
[7:30] An example of a creative solution in challenging times.
[9:00] Millionaires are made in good times, but Billionaires are made in tough times.
Websites:
www.RabbiMoffic.com
www.JasonHartman.com
The key is to take action, but the purpose of today's show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What's the opportunity cost of timing the market?
Key Takeaways:
[3:00] Discussing the opportunity cost of lost money by waiting and trying to time the market.
[4:00] Diving into the affordability index and the MCAI
[9:20] Mortgage Credit Availability Index MCAI
[10:00] Affordability = mortgage payments vs income
[12:30] Show recommendation, America In Color
[14:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect?
[22:00] At some point, you want to be satisfied.
[24:15] "Successful people are willing to do things that unsuccessful people are unwilling to do."
[30:00] Choose your company well.
Websites:
JasonHartman.com
JasonHartman.com/properties
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Escape to the suburbs! Jason Hartman and Evan Moffic discuss the changes approaching in how we look at our homes. With the benefit of work and school being just a few feet away from our beds, we are all looking to improve our homes. And for those that are currently renting an apartment in the high-density, urban environments, a move in the direction of suburban-living is looking more and more promising. Homebuilders are saying that they are already seeing the effects of this growing trend.
Fannie Mae and Freddie Mac are buying loans in forbearance and essentially they keep kicking the can down the road, delaying the inevitable.
Key Takeaways:
[1;30] "Inflation is a disease of money, thus inflation may have become the oldest form of government finance…" - Jens O. Parrson
[7:00] Escape to the suburbs! All of the reasons why both present and past.
[9:00] People are cocooning in their house.
[13:30] Home improvement will climb as a home office and school space is needed, colleges will change their format, gyms will try new concepts.
[21:00] Homebuilders have seen sales jump as renters flee small urban apartments.
[24:30] Why Elon Musk is talking about moving Tesla out of California.
[27:20] FannieMae and FreddieMac are acting in a dysfunctional manner to bail out the system.
Websites:
RabbiMoffic.com
JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Jason Hartman and Rabbi Evan Moffic talk about the big migration out of high density areas. Starting in 2016 a trend of moving to low density areas started to grow and the pandemic has encouraged the departure from more densely populated areas. While these trends may rely heavily on the wants and needs of Generation Z, health issues and worker experiences might speed up the migration.
Key Takeaways:
[4:00] Pandemic proved how densely we are living, and also how successfully you can live working remotely
[7:00] Starting in 2016, a trend of non-metropolitan counties were gaining population more-so than metropolitan counties
[9:45] A lot of the migration trends could depend a lot on Generation Z
[13:00] What led you to believe that this mass migration to lower density living would occur?
[16:40] The average population density (APD) of the U.S.A. is only 87 people per square mile
[17:28] The APD of metropolitan areas of the U.S.A. is 283 people per square mile, and the APD of New York City is 27,000 people per square mile
[21:30] The rise of socialism
[25:30] "Expansions make millionaires, recessions and depressions make billionaires"
[26:20] "In a recession or a depression, the person who wins is the person who loses the least"
Websites:
1-800-Hartman
www.JasonHartman.com
Jason Hartman Quick Start
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
Jason Hartman's Blogcast
www.RabbiMoffic.com
Today, Rabbi Moffic discusses wealth in terms of freedom, independence, and the ability to live the kind of life that we'd like. Of course, we must learn to navigate challenging times. Rabbi Moffic reminds of the Hebrew scripture that says that God created the cure before the illness. He reminds us that humans are not a burden as some have thought but rather an asset, and capable of dealing with challenges beyond what we can imagine.
[3:00] Why does God allow this disease, COVID-19, to spread around the world?
[4:45] God created the cure before the illness.
[6:30] We figure out how to solve problems, we believe there is a solution.
[7:20] The error of the Malthusian sees human beings as a burden rather than an asset.
[9:00] Think about the notion of debt and deficits. We're capable of dealing with more than we give ourselves credit for.
For 10 biblical verses on the connection between money and happiness text: INCOME to 66866
Websites:
rabbimoffic.com/
jasonhartman.com/
solomonsuccess.com/
What's the meaning of freedom? How can it be applied to business and prosperity? Today, Rabbi Evan Moffic describes the sentiment from the Jewish tradition of Passover to explain freedom from a different perspective. Join us weekly for more wisdom taken from the success of Solomon shared with all faiths.
Text the word INCOME to 66866 for 10 biblical verses on the connection between money and happiness
Key Takeaways:
[3:00] Hebrew word for Egypt is Mizraim, from narrow places
[5:00] Matzah, a reminder of the preciousness of freedom
[6:00] Parsley in saltwater, is a reminder of the tears of the sacrifice that people make for freedom
[7:00] Cheshbon Nefesh, an accounting of the soul
Websites:
rabbimoffic.com/
jasonhartman.com/
solomonsuccess.com/
Stay Calm, Keep Good Counsel, Keep Your Eye On The Ball, Take Action. Rinse, and repeat. Jason Hartman is joined in today's episode with his co-host, Rabbi Evan Moffic. Evan brings up some challenging questions about a new potential tax break from the CARES Act. What does Trump bring to the table as our first RE President? Will there be a global currency or an ever-growing nationwide rental assistance program?
Key Takeaways:
[1:25] New tax break, CARES Act, using depreciation to offset capital gains?
[5:20] Trump is the first RE President
[8:30] Herd immunity thoughts in the U.S.
[10:00] Public health is linked to the economy
[12:30] Stay calm, keep good counsel, keep your eye on the ball, take action
[23:00] Review from a listener, Andrew. Thank you!
[25:15] Will we go to a nationwide rental assistance program, like section-8?
[27:00] Will there be a push to a crypto-currency?
Websites:
TAX SALE Webinar Link
www.JasonHartman.com/Properties
www.JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
How have short-term rentals changed amid coronavirus? Jason interviews Evan on his recent short-term rental purchase and how bookings have changed. Once again, this proves the shift from high-density living environments to low-density dwellings.
Stay tuned in to hear from a local market specialist with details on Jacksonville, Ocala, Palm Coast and Atlanta. What information can we learn about current mortgage rates and how they compared to rates post 9/11?
Key Takeaways:
[4:00] Closing on a potentially life-changing short term rental, with Evan
[7:30] Airbnb property manager is using dynamic pricing
[9:45] Lower density areas are perks for short-term rentals, especially if they are in driving distance from high density locations
[14:45] Real estate, if you can stay when others fold you're really in good shape
[18:00] Part II - with local market specialist
[26:22] Current mortgage rates are better now than we've ever seen
[27:40] Updates on Jacksonville, Ocala, Palm Coast, Atlanta
Websites:
TAX SALE Webinar Link
www.JasonHartman.com/Properties
www.JasonHartman.com
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN
Today, Rabbi Evan Moffic continues discussing biblical wisdom and how we can live a richer happier life. Today, Rabbi Moffic shares some thoughts on what wealth is and what does wealth mean in our lives? Have we learned anything from Coronavirus and how it affects us?
Key Takeaways:
[2:30] What is wealth and what does it mean in our lives?
[4:00] All of us experience that real world, money doesn't guarantee safety and security
[5:45] Wealth is about relationships, it's about the people
[7:10] Wealth is time
[8:00] Knowing our purpose is the third part of wealth
[9:00] My net worth is what I am worth, the amount that I gave to charity last year. It's not how much money we have, it's how we use it and the time we are given
Websites:
Text Income to 66866 for a free guide to Sabbath Rest
www.JasonHartman.com
www.RabbiMoffic.com
www.HolisticSurvival.com
Today, Rabbi Moffic shares encouraging thoughts and wisdom to keep calm amidst the storm. There is no need to chase down "get rich quick" schemes when we have a 3,000-year-old document rich with wisdom. In life, and in times like these, it's important to examine the opportunity you are given and the perspective you choose. Join Rabbi Moffic today as he shares stories and wisdom from all walks of life.
Key Takeaways:
[1:30] Who needs "get rich quick" schemes when we have a 3,000-year-old proven document
[2:10] I wish to understand the difference between Heaven and Hell
[4:30] "You don't have to have an opinion on everything" -Marcus Aurelius
[5:20] We can pray, reflect, or meditate
[7:15] What kind of opportunity have we been given?
[10:20] Look at life from the perspective of wisdom, and tradition
Websites:
Text Income to 66866 for a free guide to Sabbath Rest
www.JasonHartman.com
www.RabbiMoffic.com
www.HolisticSurvival.com
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