Fri, 25 May 2018
If you want a story of someone who started with nothing and ended up with everything, Tom Cafarella is your man. Jason Hartman talks with Tom about his experience starting out in real estate with no money, how he worked his way up, how he sources his properties, how you can evict tenants in tenant friendly areas, and more.
[2:09] Tom's journey to leave corporate America (which started immediately upon entering)
[7:02] Tom's first fix and flip deal
[9:59] Flippers may have spending money, but buy and hold investors accumulate real wealth
[14:18] How is Tom sourcing his properties?
[17:56] Suggestions for evicting in tenant friendly municipalities
[19:30] Should you have a real estate license when you start wholesaling?
Fri, 18 May 2018
Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.
[2:13] What does Harry learn by looking at sunspots?
[6:28] There's both global warming and cooling going on right now thanks to sunspots
[8:26] Harry does NOT believe this is the time to be cutting taxes
[11:26] The greatest BS economic recovery in history
[14:30] How much does money trickle in this consumption driven economy that needs growth?
[17:23] Nobody takes downturns into consideration when planning the future
[20:57] When are we likely to see a spike in life expectancy?
[24:08] The wild card in predictions using demographics is the government's monetary & fiscalpolicy
[27:37] Why we're going to have a big revolution if things don't change
Fri, 11 May 2018
Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.
[2:12] What does Pragmatic Capitalism really mean?
[10:45] The macro-economy still looks healthy
[13:59] Cullen looks at the economy like an engineer in order to try and understand what's going on
[17:37] Bonds are probably more attractive than most people believe
[20:29] Cryptocurrencies have become a "greater fool theory" investment
[24:51] Asset inflation is real and it's becoming harder and harder to get into the investor class
[29:09] The banking industry is what creates most of the money in our economy
[31:27] One of Cullen's outlandish theories
Fri, 4 May 2018
Jason Hartman talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe.
The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future.
[1:43] There's no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas
[5:27] Eric's take on Jason's 3 types of market belief
[6:37] Why Jason thinks the European home market is much slower than the US
[10:12] The series of economic events that led to French citizens being interested in real estate
[12:10] The sentiment about cryptocurrencies in Europe
[16:11] How are cryptocurrencies viewed by governments and central banks?
[18:58] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism