The Commercial Investing Show (Podcast)

On today's Commercial Investing episode, Jason interviews foreclosure defense attorney, Chris Cabanillas from Cabanillas Law. Chris started his own law firm in 2006 and focuses most of his practice on mortgage loan modifications, foreclosure defense, and other real estate issues. Chris sits down with Jason and shares some wisdom about why foreclosures take a while to process and some of the action steps you can take if you're facing foreclosure. 

 

Key Takeaways

3:50 – Somebody could be in default for thousands of days.

7:15 – One of the reasons why judicial foreclosure takes so long is because of documentation problems. 

9:40 – What's Chris's thoughts on shadow inventory? 

14:30 – What should you do if you're facing foreclosure? Chris explains. 

20:40 – What's the best way to pay for a foreclosure attorney? 

27:10 – The housing marketing is very diverse, so this advice may not apply to everyone. 

29:08 – Property prices are shooting up in Manhattan because of foreign investment. 

 

Mentioned in this episode

http://cabanillaslaw.com/

Direct download: CI2048.mp3
Category:Podcast -- posted at: 7:15pm EST

Jason Hartman talks to his audience without a guest today and brings up a couple of interesting topics. He first tells the audience that he may be moving back to California for tax purposes and why he loves to be a renter. On the show, he talks a lot about the San Diego real estate market as well as why Bitcoin is a bad investment. He also shares his thoughts on the Houston and North Dakota real estate market and more on today's CI show. 

 

Key Takeaways:

5:15 – Jason is eligible to get a tax reduction simply by moving to California. 

7:10 – Despite being a real estate investor, Jason loves being a renter. 

13:40 – Jason was right about Bitcoin dropping to $200. 

17:10 – Jason does the math on the properties he's found so far in San Diego. 

21:40 – There will be lay-offs in Houston, which means the rental market will be moving. 

26:50 – The stock market doesn't even come close to income property. 

30:30 – Jason touches once more on the Bitcoin subject 

34:10 – Jason talks about some of his other podcast shows that he hosts. 

36:00 – Go to the iTunes store and type Jason Hartman to find more of his shows.

 

Mentioned In This Episode:

Coinbase.com

Direct download: CI_47_RP.mp3
Category:Podcast -- posted at: 2:42pm EST

Ashlea Ebeling is an editor for Forbes Magazine and is a tax expert. She wrote a shocking article for Forbes about New York having a 164% marginal tax. She explains how this happened as well as shares tips on how you can become sheltered from estate taxes. On the show, Jason and Ashlea talk about where is the best place to die in the US, inheritance taxes in different states, and more. 

 

Key Takeaways:

2:35 – How is it possible New York has a 164% marginal tax? 

5:00 – You have an exemption of up to $5.42 million dollars for estate taxes in New York. 

6:55 – You need to look at the whole tax picture before moving to a state – income, sales, property, estate taxes, and more. 

8:40 – There are four big ways you can get around estate taxes. Ashlea explains. 

10:45 – Check out the TaxFoundation.org for tax info specific to your state. 

13:10  - Ashlea talks about the percentages of inheritance tax in various states around the nation. 

15:45 – Is a Roth IRA a good idea? 

19:45 – 2015 has a lot of new tax laws that you need to be careful about. 

21:00 – You may have delayed tax refunds because of the new laws taking place. 

 

Mentioned In This Episode:

http://www.businessinsider.com/bond-market-panic-phase-of-financial-crisis-2015-1

http://www.forbes.com/sites/ashleaebeling/2014/09/11/where-not-to-die-in-2015/

http://taxfoundation.org/

https://twitter.com/ashleaebeling

Direct download: CI204620RP.mp3
Category:Podcast -- posted at: 8:45pm EST

Today’s Commercial Investing Show features author, Matthew Hart, who gives his leading and well-evidenced opinion on today’s gold rush and talks about the influence of advanced technologies in both gold prospecting and more recently, in diamond manufacturing. 

 

Key Takeaways

02.36 - Looking at patterns suggests that we are now coming to the end of the greatest gold rush in history, with most searches being totally price-driven.

04.55 – In Nevada, new technologies for gold extraction are really taking off.

10.20 – ETFs may well be the biggest factor in price movements and alterations with gold.

12.35 – Our fascination with gold has a history that dates back further than our ability to write.

17.19 – Like everything we use, eventually these gold deposits and reserves will run out.

18.36 – As it stands, the manufacture of diamonds in laboratories doesn’t look set to ruin the gem diamond trade.

23.02 – For more information and to buy Gold: The Race for the World’s Most Seductive Metal, go to www.MatthewHart.net 

Direct download: CI204520RP20From20CW20419.mp3
Category:Podcast -- posted at: 10:41am EST

Today’s Commercial Investing Show guest is Mark Meckler. He co-founded the Tea Party Patriots and is also an author. On the show, Mark talks about his organization, self-governance, and why people hate the Tea Party movement so much.

 

Key Takeaways:

02.05 – Jason introduces Mark Meckler.

04.00 – The Tea Party was founded in 2009.

06.03 – Why is the Tea Party hated so much?

18.10 – What is an amendment convention? Mark explains.

20.33 – Congress passes board enabling acts and the regulators actually do the legislating. Mark and others are working towards stopping this.

26.15 – Elections are not enough, but with that said, we still need to vote.

29.08 – Would Texas become the Hong Kong of the United States?

31.57 – Remember, the larger the government, the smaller the citizen.

 

Mentioned In this Episode:

http://www.conventionofstates.com/

The Liberty Amendments by Mark Levin.

Direct download: CI204420RP20Mark20Meckler.mp3
Category:Podcast -- posted at: 8:58pm EST

Jason Hartman shares some very vital information that he's learned over the years about construction costs on the Commercial Investing show. He shows the audience how you can figure out what the house is worth, talks about different square foot pricing across the United States, and more. 

 

Key Takeaways:

3:15 – Jason wants to talk to his audience today about construction costs. 

7:10 – Jason breaks down the cost per square foot in the various regions in the United States. 

11:00 – Jason tells you how you can figure out the land value. 

15:20 – Older homes may be built with a little more care, but newer homes are built with more technology. 

18:15 – If you go to JasonHartman.com you can see some lucky deals you can get on houses. 

19:30 – Jason explains why it's important to know the land value and the improvement costs. 

23:15 – You can find more information on this subject on Jason's YouTube channel. 

 

Mentioned In This Episode:

JasonHartman.com

https://www.youtube.com/channel/UCmNsqjCUKNlByC0xSK0u_qg

https://www.youtube.com/watch?v=ltGJUCknPqk

Direct download: CI_43.mp3
Category:Podcast -- posted at: 9:38pm EST

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 - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/

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

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

www.TheWallStreetConspiracy.com 

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 EST

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:

Uber

Obamanomics by Timothy Carney. 

The Big Ripoff by Timothy Carney. 

http://www.washingtonexaminer.com/

http://www.aei.org

 

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

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 

www.zillow.com

Bankruptcy of our Nation by Jerry Robinson

 

www.FTMDaily.com/fivelevels. 

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

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 Hotwire.com 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

www.Hotwire.com

www.Priceline.com

www.Lyft.com

www.Uber.com

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

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 EST

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 EST

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:

http://www.jasonhartman.com/

 

http://www.joefairless.com/

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

military-marching

Jason Hartman hosts a two-part show where we start with some reflections on the recent "Meet The Masters of Income Property Investing" event at The Hyatt Regency in Irvine, California. Investment Counselors, Ari and Sara join Jason as they discuss the following: 1)   Establish 5 year plan for where you would like to be in [...]

Direct download: ci-34-ZachHenderson.mp3
Category:Podcast -- posted at: 8:50am EST

Commercial Investing Show 100×100

Jason explores some ways to get out of a bad property then he interviews author/attorney Mark Kohler about his book “Lawyers Are Liars: The Truth About Protecting Our Assets.” Mark is an attorney, CPA and entrepreneur who has owned numerous businesses since high school, through college and even as a professional. Mark’s principal career has [...]
Direct download: CI-33-MarkKohler.mp3
Category:Podcast -- posted at: 5:44pm EST

taxes

Most of us spend lots of time shopping around for the best deal on the things we buy while spending more money on taxes than anything else. Why not “shop around” to save money on life’s single largest expense? Join Jason as he talks with famed CPA, Diane Kennedy, about the tax strategies of wealthy [...]
Direct download: CI-32-DianeKennedy.mp3
Category:Podcast -- posted at: 8:25am EST

stusilver

Join Jason Hartman as he interviews Stu Silver, The Mobile Home Man, regarding his mobile home and mobile home park investing strategies.  Learn the do’s and don'ts about investing, how to protect yourself from being taken advantage of, to know when you’re getting a good deal, and even how to inspect your mobile home to [...]
Direct download: CI-31-StuSilver.mp3
Category:Podcast -- posted at: 7:27am EST

longevityproject

Do you want to know the secrets of living longer?  Join Jason Hartman on this episode of Holistic Survival as he interviews Leslie Martin, Ph.D. and Howard Friedman, Ph.D., authors of “The Longevity Project.”  Find out who lives longest and why.  The answers may surprise you! Visit: http://CommercialInvestingCenter.com. HOWARD S. FRIEDMAN is Distinguished Professor at [...]
Direct download: cis-30-LongevityProject.mp3
Category:Podcast -- posted at: 12:57pm EST

mobilehomepark

Jason welcomes his friend and mobile home investing guru, Corey, to this episode of The Commercial Investing Show. Visit: http://CommercialInvestingCenter.com. Adding another entry to our favorite success stories, Corey started his real estate investing career in 1993 by selling his jet ski to raise enough money for a down payment on his first deal. Since [...]
Direct download: cis-29-MobileHome.mp3
Category:Podcast -- posted at: 11:23am EST

CI 28 - Commercial Financing

In this episode, Jason talks with Liz Fendly of Allied Financial regarding commercial financing. Visit: http://commericalinvestingcenter.com/category/podcast/.
Direct download: cis-8-LizFendly.mp3
Category:Podcast -- posted at: 10:35am EST

CI 27 - ROTH IRA Changes - Bypass Tough Lending Regulations - Invest in Real Estate Using Your IRA / 401k

The lending regulations have changed drastically within the past two years, causing investors quite a head ache when attempting to buy America’s most tax-favored investment, income properties. With a self-directed IRA or real estate IRA you can be in control by investing your retirement funds when, where, and how you want. On this episode of The Creating Wealth Show [...]
Direct download: cis-9-IRA.mp3
Category:Podcast -- posted at: 2:15pm EST

CI 26 - The Apartment Owners Association

On this episode, Jason talks with Jeff Conrod of the Apartment Owners Association. Visit: http://commercialinvestingcenter.com/category/podcast/.
Direct download: commercial-investing-show-8.mp3
Category:Podcast -- posted at: 3:24pm EST

CI 25 - Self Storage Investing

Jason talks with Scott Meyers, CSSM©, the nation’s one and only self storage millionaire maker. Scott's company focuses solely on buying and selling self storage facilities, that’s it. At the present time, he owns and operates several facilities throughout Central Indiana. Listen in at: http://commercialinvestingcenter.com/category/podcast/. As a leading self storage educator, he travels the country [...]
Direct download: Commercial-Investing-Show-7.mp3
Category:Podcast -- posted at: 9:30am EST

CI 24 - Adding Value

Listen in as Jason talks with Tim and Marisa about adding value to a property. Visit: http://commercialinvestingcenter.com/category/podcast/.
Direct download: Commercial-Investing-Show-6.mp3
Category:Podcast -- posted at: 10:22am EST

CI 23 - Maximizing The Purchase

Jason talks with Tim about how to maximize the purchase of a commercial property. Visit: http://commercialinvestingcenter.com/category/podcast/
Direct download: Commercial-Investing-Show-5.mp3
Category:Podcast -- posted at: 2:19pm EST

CI 22 - Intro to Commercial Real Estate and Getting Your Spouse Into Investing

Jason talks with commercial real estate expert Tolliver Morris and one of Platinum’s clients turned Investment Counselor, Dave Toombs. Visit: http://commercialinvestingcenter.com/category/podcast/. Commercial real estate: A review of product types and their corresponding tenant profiles. What is best for you and what are the management responsibilities of; apartments, retail, office, industrial, triple net NNN properties, medical [...]
Direct download: Commercial-Investing-Show-3.mp3
Category:Podcast -- posted at: 11:46am EST

CI 21 - The Path of the Investor

Welcome to The Commercial Investing Show! Listen in as Jason Hartman talks with Tim Owens about The Path of the Investor. Visit: http://mhplistings.com/category/podcast/.
Direct download: Commercial-Investing-Show-1.mp3
Category:Podcast -- posted at: 10:20am EST

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