Creating Wealth Real Estate Investing with Jason Hartman

Today's Flashback Friday is from episode 767 published last December 19, 2016. 

What a treat! Jason leads us into this episode revealing the possibilities available to the real estate market under our first US real estate president and reminds us the Fed has only raised the interest rate twice in the last decade. The political cartoon Christine sent in will have you laughing until the next great episode of Creating Wealth. This episode finishes like a fine wine with Jason’s personal recording of the sensational Leann Rimes answering questions from a private group and then wowing the crowd by belting out an amazing Amazing Grace.

Key Takeaways:

2:37 Can you imagine Leann Rimes singing Amazing Grace acapella right in front of you?

5:03 The first real estate President could repeal Dodd-Frank.

7:22 The multi-dimensional asset class that is income producing real estate.

10:36 What caused the 2008 Great Recession?

11:51 Christina sent Jason a great political cartoon.

16:33 You should start thinking of aging as a disease.

21:14 Align your financial interest with the powers that be!

24:21 Leann Rimes answers audience questions and sings Amazing Grace.

 


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel


Welcome to this 10th episode of The Creating Wealth Show where Jason discusses other topics of great interest. Today’s guest is none other than..Jason Hartman! Jason recently sat down with Success Coach, Business Consultant, Speaker, Best-Selling Author and Entrepreneur Kate McKay on her Master Your Life Podcast and they took a deep dive into Jason’s backstory and what they think Maslow missed in his hierarchy of needs. 

If we want to change our lives, we must understand the difference between context and content. Most people try to fix their lives by changing the content, but instead, we must expand our context of what we believe as possible, so we don’t limit our thinking and confine ourselves to certain results. 

Through taking action, and as the saying goes, our success has been paved in the most beautiful and magnificent failures. So get out there, redefine your context and take action! 

Key Takeaways:

0:00 Welcome to this 10th show episode of Creating Wealth with Jason Hartman

1:10 Upcoming interview with Naomi Wolf

1:30 The United States has become a banana republic

3:22 Ride sharing is no exception to insane inflation prices

5:10 Dystopian shortages and a central power grid

7:52 Skyrocketing rents around the US

15:15 Empowered Investor Pro - get personal advice from Jason and his team!

16:08 Kate McKay welcomes Jason Hartman on the Master Your Life Podcast

16:36 How Jason got started in real estate

19:12 Jason’s four biggest influences

19:44 Understanding the difference between content and context

20:41 Teaching mindset to other sales agents

24:21 Sociology, culture and demographics

24:45 80s culture vs 90s culture

26:57 MTV changed the world culture

28:47 Social anthropological examination of the importance of tribe

31:10 Growing up in an integrated high school

33:55 Defining success

36:20 Jason’s early influences

41:17 What would you tell a younger version of yourself?

43:16 Memento mori and stoicism

45:36Maslow's Hierarchy of Needs

49:37 Self actualization - the opening of a higher realm

50:58 The world rewards the doer, even when the action itself is wrong

Check out other episodes of Kate McKay’s Master Your Life Podcast here and learn more about Kate at Kate-McKay.com.

 


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

Direct download: CW_1880_Kate_Mckay_with_Jason_Hartman_Edited_v1.mp3
Category:general -- posted at: 1:00pm EDT

The most overlooked facet of asset protection is actually one of the easiest! Jason Hartman invites Rich Dad Advisor Garrett Sutton to talk about the ongoing requirements to keep your corporation or LLC current in good standing. If you fail to follow these simple rules, a court can pierce through the corporation or LLC, also known as “the corporate veil,” and get at your personal assets. Garrett advises you to be aware of The Corporate Transparency Act and talks about his new book - Veil Not Fail: Protecting Your Personal Assets from Business Attacks.

About Garrett Sutton, Esq.

Garrett assists entrepreneurs and real estate investors from around the world to protect their assets and maximize their financial goals through sound management and asset protection strategies. Garrett is highly sought after as a guest speaker and serves as a member of the elite group of “Rich Dad Advisors” for bestselling author Robert Kiyosaki.

Key Takeaways:

0:00 Join Empowered Investor Pro today! 

1:35 Jason Hartman reports the latest housing inventory numbers

4:15 The Fed is trying to cool the market

4:49 Personal Banking, mortgage, syndication and 1031 exchange workshops

6:45 Welcome Garrett Sutton, Rich Dad Advisor, attorney and successful author 

7:28 Keeping your corporation or LLC current in good standing

9:06 Piercing the corporate veil succeeds in 50% of all cases

13:15 Signing documents on behalf of the entity with your title

16:49 Paying fees to maintain your entity

17:41 Best states for asset protection and managing your LLC

21:52 How the Communist Party in SF almost got away with taking over private companies

24:09 Legal battles within families 

26:00 The Corporate Transparency Act

28:02 Fraud and abuse with our current system

29:59 FBI, spying, privacy issues and banking regulations 

32:39 Civil forfeiture

34:35 More regulations from Congress 

37:44 New reporting rules for setting up an entity - what you must know 

39:16 LLCs - S selection to be taxed as an S corp

41:15 Filing a C corp

41:59 Writing off health care premiums 

44:17 Asset protection for a C corp

45:34 Asset protection laws

46:38 Get Garrett’s new book - Veil Not Fail: Protecting Your Personal Assets from Business Attacks (Rich Dad Advisor Series)

 


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

Direct download: CW_1879_-_Veil_Not_Fail_Protecting_Assets_by_Garrett_Sutton_v1.mp3
Category:general -- posted at: 1:00pm EDT

Today's Flashback Friday is from episode 542 published last July 15, 2015.

The world of long term financial savings plans can leave you dizzy. The paperwork can be pages and pages of jargon which make plans hard to distinguish and administer. Jason’s guest Edwin Kelly from Specialized IRA Services breaks down the Self Directed IRA, the solo 401k and Health Savings Account or HSA. Arming you with the setup cost and annual fee’s to help you make educated decisions about your investment future. You’ll hear solutions to creating wealth and obtaining more passive income through smart investing with a little help from people in the know. 

Key Takeaways:

Jason’s Editorial:

2:15 Self directed IRA investing

4:32 Nathan asks about out of state rental properties 

5:32 Have at least 4% of the properties value in the bank as an emergency fund

7:35 Steve asks about Jason’s foundation

9:38 Steve also asks about credit history and bankruptcy

12:32 Asset based financing; a hard money loan

Edwin Kelly Interview:

14:55 Would Donald Trump be a good president?

16:30 Invitation for Warren to be on the show

17:24 IRA Custodians, Administrators what’s the difference?

18:27 What are the fee’s of self-directed IRA’s

19:48 There is no fee sharing or back end money

21:06 A customized approach to IRA’s

25:34 People need passive income 

26:13 An everyday example of buy and hold real estate investing

30:37 Solo 401k or Individual 401k

35:12 Solo k paperwork was cumbersome and complex 

36:21 $400 annually for a self directed IRA and $700 for a 401K

38:58 HSA - Health Saving Account 

40:19 An HSA works by marrying the tax benefits of the traditional and Roth IRA’s 

41:48 Are you able to pay for proactive executive health physicals via an HSA?

43:17 Breast Augmentation for medical reasons is a qualified medical expense

45:43 An HSA is not a Flexible Saving Account

46:21 Investing in buy and hold real estate from the HSA

48:01 HSA and IRA are fairly easy to administer

48:46 An LLC inside of an IRA? 

51:34 Multiple LLC’s for asset protection

Mentions:

Specialized IRA Services 

 


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

Direct download: 1878_FBF_CW_542_Edwin_Kelly_v1.mp3
Category:general -- posted at: 1:00pm EDT

According to Tina Tamboer, Senior Housing Analyst at The Cromford Report, what we’re seeing in the housing market is not a correction, but rather a disruption and the next few months are going to be a very telling time. Jason Hartman and Tina put the Phoenix housing market under a microscope to see exactly what’s happening with buyers, sellers, listing prices, foreclosures, landlords, rent increases and rate hikes! 

Supply is rising and prices are being reduced in the Phoenix area market as there have been a significant number of seller reductions each week in various price ranges. 

We are seeing a slowdown and we're seeing the tables turn a little bit more towards the buyers in this market. We’re not seeing people waving inspections or paying quite as much over listing price as we have the past two years, but that doesn’t mean we’re in a buyer’s market. It does not mean that sale prices won’t continue on an upward trajectory. We’re just seeing sellers getting a little more accommodating and conceding to concessions.

Key Takeaways:

0:00 Welcome back Tina Tamboer, Senior Housing Analyst at The Cromford Report

2:14 Big difference in the housing market, depending on whether you're under $400,000 or over

5:57 Will Interest rate sensitivity cause people to stay in the renter pool? 

6:43 Upward pressure on rents

8:27 Adjust your expectations and settle for less

10:05 When supply rises like this, sellers have to adjust their expectation on price also

11:56 Are these price reductions real market value reductions?

13:55 List prices down and days on market up 

18:37 More houses under contract than what's available for sale under $600K

20:56 Scottsdale home sold overnight for $400K over list price

22:33 Median mortgage payments are actually quite low historically

25:17 Crash in the auto industry as soon as the manufacturers catch up

27:38 Mortgage rates cannot be predicted 

28:15 Interest rates have gone down at the end of every recession historically

30:10 Where do you expect incomes to go in the future?

32:10 What we have right now is not a correction, but a disruption 

35:44 Phoenix area foreclosures are still below pandemic levels 

40:52 Learn more at CromfordReport.com

 


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

 

Direct download: CW_1877__P2_-_CW_AIPIS_CI_-_Cromford_Report_Tina_Tamboer_v1.mp3
Category:general -- posted at: 1:00pm EDT

Is the housing market at an inflection point? Tina Tamboer, Senior Housing Analyst at The Cromford Report says there has been a significant shift, specifically in supply and demand creating a very interesting dynamic right now in the greater Phoenix area market. Are things becoming more favorable to buyers? What about investors? Is this seller’s market finally over?

Phoenix is a boom and bust type of market nowadays, but today is different from the last housing market crash. Whatever your residual anxiety over what you went through during that period of 2005, all the way to 2008, ‘09 and ‘10, you have to put those emotions aside. Emotions are not facts and you have to lean into the numbers to learn what's happening today.

Key Takeaways:

0:00 Welcome to The Creating Wealth Show

1:26 Empowered Investor Pro August meeting 

2:23 Welcome Tina Tamboer, Senior Housing Analyst at The Cromford Report

2:52 Shift in supply and demand affects each range of the market differently 

3:54 Inventory is going up in different amounts in different markets 

6:04 Affordability in the Phoenix Metro area

7:06 The interest rates have gone up so fast, the lending community can’t keep up 

7:48 The difference between a crash and a correction 

9:03 Interest rates coming down at the end of a recession 

11:15 In RE investing, you can continually renegotiate your deal 

13:52 Why this market is different from the last crash 

15:21 Measuring housing supply and demand

17:31 Phoenix is a boom and bust type of market nowadays

18:00 New listings increasing sharply 

21:34 Number of closings in the great Phoenix area

22:59 What’s happening in each market segment - below 400K and above 400K

25:11 Tune in for part 2 on the next episode!

CromfordReport.com


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

Direct download: CW_1876_P1_CW_AIPIS_CI_-_Cromford_Report_Tina_Tamboer_v1.mp3
Category:general -- posted at: 1:00pm EDT

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