The Commercial Investing Show

David Porter is one of Jason Hartman's real estate clients. He has appeared on the podcast before many, many years ago to talk about his concept of the free lunch, which he also retouches on today in the podcast. David catches up with Jason and shares some of his real estate successes with the audience. 


Key Takeaways:

2:25 – Jason welcomes his guest, David Porter. 

4:50 – David bought his first home in Indianapolis in 2009 with Jason's company.

10:30 – David talks a little bit about his background in shipping and fiance. 

16:10 – It's so hard to predict where stocks are going to go versus owning real estate. 

19:00 – David took advantage of his ability to borrow and invested the money in real estate. 

24:35 – David explains a bit more about what his shipping company does. 

28:00 – Jason talks a little bit about China's economy. 

32:45 – The one thing that has saved the United States is the fact that we have the ability to print unlimited amounts of money. 

40:00 – Jason and David talk about the cool things that are happening right now in the technology sector. 

45:00 – David's friends are shocked that he's purchased properties he's never seen. 

48:45 – David explains the metric he came up with called, 'Free Lunch'. 

55:15 – David has made over a million dollars in appreciation. 


Mentioned In This Episode:

Abundance by Peter Diamandis

Makers by Chris Anderson

Khan Academy

David Porter's first interview -

Direct download: CI_42.mp3
Category:Podcast -- posted at: 8:48am EDT

Mark Faulk is an avid activist who is against financial fraud and corruption. He co-produced the documentary The Wall Street Conspiracy and joins Jason on the show today. Jason and Mark sit down to talk about the United States, Goldman Sachs and Wall Street, the U.S's ever increasing police force, and what this all means for the future. 


Key Takeaways:

3:00 – Congress already knew Wall Street was corrupt before the 2008 financial collapse. 

7:56 – Wall Street has been corrupt since the year 2000, at least. Mark explains more about this in this segment. 

15:15 – Goldman Sachs own the politicians and Wall Street owns the process. 

18:20 – One of the scams Wall Street does is it run stocks through multiple companies so the stock owner will never know if the stock is legit or not.  

20:50 – People have to raise up if they want to see change. 

23:10 – Cops look so militarized in the US, but why? Mark says it's all about control. 

25:20 – These big companies don't care about the economy, they just want to grab as much money as they can. 

27:35 – A lot more people know about the Wall Street scams and monopolies that are going on today than 7-10 years ago. 

29:10 – Mark talks about his documentary, The Wall Street Conspiracy, and where people can find more. 


Mentioned in this episode 

The Wall Street Conspiracy a film by Mark Faulk

The Second Machine Age by Erik Brynjolfsson and Andrew McAfee

The Naked Truth by Mark Faulk

Direct download: CI_41_Mark_Faulk.mp3
Category:Podcast -- posted at: 9:33am EDT

Tim Carney has been a senior political columnist for the Washington Examiner since 2010. He is an experienced journalist with over a decade of experience in the fields of politics and economics. He sits down with Jason today on the Commercial Investing show to talk about regulation, lobbyists, and his book entitled Obamanomics. 


Key Takeaways:

3:10 – Left and right politics is like a big wrestling match – it's fake. 

6:20 – Who represents the little guy in business? 

10:20 – Regulation makes it harder for small business to start up. 

11:40 – What are some actions steps we can take? Tim explains in this segment. 

14:20 – The lobbyists aren't the problem, it's the incentives that the lobbying industry creates that causes problems. 

18:16 – Why aren't lobbyist meetings recorded? Congress meetings are. 

19:40 – Tim talks about Obama and a little bit about Tim's book entitled Obamanomics. 

22:10 – Tim believes people will be able to live their own lives without being dependent on big companies and company monopolies. 

23:10 – If innovation and experimentation are allowed then the economy and new businesses will do well. 


Mentioned In This Episode:


Obamanomics by Timothy Carney. 

The Big Ripoff by Timothy Carney.


Direct download: CI_40_Tim_Carney.mp3
Category:Podcast -- posted at: 3:36pm EDT

Key Takeaways:

2:40 – Jerry talks a little bit about his book Bankruptcy of Our Nation. 

7:00 – Jerry compares 2014 with 1914. 

14:17 – Jerry asks an important question, how can you fiance the foreign policy without the federal reserve? 

20:45 – People expect a certain level of economic standard and for those standards, values, and prices to keep raising. 

26:30 – The interest rates are so low right now that it's distorting the market place and making things harder to predict. 

30:30 - Countries are moving away from using oil for dollars and dollars for oil.

39:10 – The US is trading with only a select amount of counties and we're seeing that both Russia and China are picking up the slack and trading with everyone else. 

45:10 – Jerry talks about the 5 Levels of Financial Freedom program that he teaches on his website. 

52:00 – Remember, if you're a real estate investor, your tenants pay your mortgage debt off for you. 


Mentioned in this episode

Bankruptcy of our Nation by Jerry Robinson 

Direct download: CI_39_Jerry_Robinson_Bankruptcy_Of_Our_Nation.mp3
Category:Podcast -- posted at: 6:50pm EDT

Jeff Macke was one of the original cast members for CNBC's Fast Money and is currently the host of the show Breakout, which is featured on Yahoo Finance. Jeff is a published author and talks about his book, Clash of the Financial Pundits, on the show with Jason today. Sit down with Jason and Jeff and learn about some interesting doomsday theories as well as currency inflation/deflation predictions. 


Key Takeaways:

3:25 – Jason loves services like because he can stay at hotels for half of the price. 

8:45 – Highly skilled workers like investment bankers are becoming Uber drivers because it's difficult to find a job in today's economy. 

11:30 – Jeff thinks that there are actually plenty of jobs available, just these jobs happen to be  not what people want. 

13:00 – Jason talks a little bit about why he is excited about the self-driving car.

16:30 – Jeff believes that the stock market is still unstable. It's a lot more stable in today's time, but he still feels a bit nervous about it. 

19:32 – Jeff has mixed feelings about whether our currency will inflate or deflate. 

22:10 – Jason talks about the importance of preparing for both inflation/deflation currency outcomes. He explains a bit about how you can achieve this in this segment. 

24:25 – Remember that economics is a social science. You have to see what works and what doesn't. 


Mentioned in this episode

Clash of the Financial Pundits by Jeff Macke

Direct download: CI_38_Jeff_Macke_Yahoo_Finance.mp3
Category:Podcast -- posted at: 9:57am EDT

Chris Cabanillas is the owner of Cabanillas Law Firm and knows the ins and outs of New York, New Jersey, and Connecticut foreclosure law. He is considered an expert in the fields of foreclosure and shadow inventory and shares some great tips and insights on these two main subjects with Jason and his listeners. Chris also explains how to properly hire a defense attorney, things to look out for when fighting foreclosure, and more. 


Key Takeaways

5:00 – There was a lot of flaws in how foreclosures were being processed that now you require an attorney to double check documentation and make sure everything is legally abiding. 

8:35 – Statistics in New York show that only 5% of homeowners who were facing foreclosure actually went to court to try and fight the case.

11:00 – Chris's firm practices law in New York, New Jersey, and Connecticut.

15:20 – Chris gives some fantastic advice on how to handle foreclosure. 

19:20 – You get a better deal from a short sale because there's more of a personal human factor to it. 

23:00 – Know your defense attorney well. Chris says you should meet him or her in person before you do business with them. 

26:55 – Chris is dealing with higher priced markets, which doesn't reflect the markets in other places like the mid-west and south within the US. 

29:00 – There's a lot of foreign investment in Manhattan and other places from people in Europe, Russia, Asia, etc who want to park their money in the US. 


Mentioned in this episode


Slicing Pie by Mike Moyer

Direct download: CI_37_Chris_Cabanillas_Foreclosures_Cabanillas_Law.mp3
Category:Podcast -- posted at: 5:28pm EDT

Jason Hartman is a real estate investment expert and has been involved in over 1,000 real estate transactions. Today on the Commercial Investing show he talks to an audience about real estate, his feelings on gold, and why you should stay away from bitcoin at this current time.


Key Takeaways:

3:00 – Jason doesn't invest for appreciation, but there has been some great appreciation last year. 

10:30 – What's great about property is that it is as a multidimensional asset class. 

13:40 – People have a hard time cutting loses, we try to make up for what we lost, but sometimes it's best to simply just let it go. 

16:00 – It's more expensive to be an owner, because it's more expensive to burrow now. 

18:50 -  Real estate is not very liquid, which means that it takes longer to crash than other markets.  In this segment Jason talks about why real estate is sticky. 

25:20 – A pastor once said to Jason, “We don't really own anything. We are just trustees from birth to death.”

28:30 – Jason has a hard time understand how you mine bitcoins and the whole concept of a virtual currency. 

35:15 – Jason thinks bitcoin will be outlawed soon. He thinks bankers will find away to stop it. When bitcoin is being used as currency in the stock market, that's when it's here to stay. 

38:44 – People can steal your money, your gold, but it's hard to steal your income property. 


41:20 – Gold is a pace-keeper,  it doesn't exceed your wealth. 

Mentioned in this episode


The Ascent of Money by Niall Ferguson

Direct download: CI_36_Meet_The_Masters.mp3
Category:Podcast -- posted at: 9:46pm EDT

Joe Fairless's is a real estate guru and helps others learn the ropes of the trade on his podcast. He currently owns over $7 million dollars worth of real estate and personally believes it's his life purpose to help others succeed in real estate investing too. Fun fact, he also loves flag football! Joe sits down with Jason to talk a little bit about his life story and how he was able to raise a million dollars in investor money on his first big deal. 


Key Takeaways:

6:25 – His original plan was to raise 300k in investor money, but he found a great propriety and raised $1.3 million instead. Joe had to take a big mental leap in making that purchase. 

9:27 – With this multimillion dollar deal, Joe arranged that the master lease payment be equal to the mortgage payment, so he could be smarter with how he paid it off. 

13:50 – With Joe's marketing background, he mapped out all of the networks he was apart of and found people who would want to invest. 

19:20 – Half of Joe's investors had never invested in real estate before. 

22:50 – How did Joe get the seller's trust? He explains in this segment. 


28:45 – Being successful in real estate requires creativity, leverage, and relationships. Help others get what they want before they help you. 


Mentioned In This Episode:

Direct download: CI_35_Joe_Fairless_SFR_to_Apartment_Investing.mp3
Category:Podcast -- posted at: 2:01pm EDT