The Commercial Investing Show (general)

James Rosebush, a former Deputy Assistant to President Reagan, is on the show to discuss his book, Winning Your Audience. He shares tips to sound more like Reagan, the great communicator. 

Key Takeaways:

[2:30] Reagan, the great communicator, loved his audience. This was his secret to success as a speaker. 

[8:20] Speech abilities given to Reagan because of his history as an actor.

[12:00] Some tips to speak a little more like Reagan.

[16:00] Visualize what you want to give brilliance to your speech.

[18:00] The experience of being blessed by the Pope. 

[19:00] 65% of communication is non-verbal.

[23:00] If you speak from your heart, you will win.

[26:00] We need more speakers that are sherpas.

Websites:

ImpactSpeakerCoach.com

Winning Your Audience

JasonHartman.com/Properties

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CI_10th_1470_True_Reagan.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with guest, Mark Moss, who believes in fully diversifying your investment portfolio. Mark shares his strategy on investing in gold, stocks, real estate, and even cryptocurrency. All of his strategy leads back to the idea that cashflow is the name of the game. Bitcoin does not need to be the global currency to have weight and validity. From game-theory to understanding what gives the currency its value, Mark shares what he knows about investing across the board. 

Key Takeaways:

[1:30] The smartest people in the world know that they don’t know.

[3:00] Cashflow is always the name of the game, but I don’t forget about investing for growth.

[7:00] Determine your own tolerance for risk.

[9:45] Understanding money creating, through debt.

[11:25] Since 1971, our standard unit of value has been severed.

[14:00] Fake wealth vs creating wealth

[17:00] Shifting to Cryptocurrencies

[19:00] Shifting to Cryptocurrencies 

[22:20] Will cryptos lead to a separation of money and state?

[26:00] There shall never be sound money again until it is taken from the government. 

[29:10] Understanding the bitcoin halving.

[32:30] While bitcoin may be limited, Cryptos, in general, have no limit?

Websites:

1markmoss.com/

Mark Moss On Youtube

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CI_Mark_Moss.mp3
Category:general -- posted at: 12:00pm EDT

Be a doer! Jason Hartman discusses the risk/reward investment concepts when looked at in hindsight. It’s not about gambling, it’s about building solid fundamentals for investing. It’s understanding the advantages of multi-dimensional assets.

Jim Rogers returns to the show for his first time in seven years. Jim talks with Jason about government power, and their financial strategies. The big question concerning government stimulus right now is, “how will we suffer from this?” 

Jason’s Recommendations For Your Library:

Earl Nightingale’s Greatest Discovery

Jim Rogers, Adventure Capitalist

Key Takeaways:

[3:15] The hardest ship to sail is a partnership. Investing Commandment Number 3, “thou shalt maintain control”

[7:30] When you look back over time, the rewards always go to the doers. They always go to the risk takers!

[12:00] Returns based only on inflation induced debt destruction…at the official rate of inflation, which is often understated. 

[13:30] Jim Rogers

[19:30] Every government wants more power than they have.

[21:20] How will we suffer from this?

[27:00] “Whenever things go wrong in a country, thought history, politicians blame foreigns”

[36:00] “When I was younger, many people helped me. Even if I look like a fool, I’d like to help people where I can” -Jim Rogers

Websites:

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CI_1463_Jim_Rogers.mp3
Category:general -- posted at: 12:00pm EDT

Jim Puplava joins today’s show with much to talk about the supply chain disruption, and what’s to come of it. Jim says that business innovation is a must, and it looks as though companies like Walmart have already started making changes. These efficiencies aren’t only applicable in pandemic times, these strategies will prove to benefit businesses and patrons while we shelter-in-place or not. 

Jim Puplava’s interview is continues with a discussion on inflation or stagflation, where do we see the immediate future of the U.S.? As well, Jim shares some interesting concepts about cryptocurrency, why it might be used, and why it might be rejected. Finally, Jim answers why negative interest rates cause a problem with cash. 

Key Takeaways:

Jim Puplava

[1:00] The supply chain has been disrupted. While it will take some time to correct, some of it will be beneficial. 

[3:00] Inflation is a lot more money chasing fewer goods and services.

[10:40] Still singing the “creative destruction” tune. Business innovation is a must.

[11:45] The oil market, and the perfect storm. 

[17:15] Is our future inflationary or stagflationary? 

[24:20] Jim, what do you think about cryptocurrency?

[26:35] Why do negative interest rates cause a problem with cash?

[30:48] In the U.S., what’s the result of our debt to GDP ratio getting out of line?

Websites:

FinancialSense.Com

JasonHartman.com

JasonHartman.com/Ask

1-800-HARTMAN

Direct download: CI_1459_Jim_Puplava_Inflation_or_Stagflation.mp3
Category:general -- posted at: 12:00pm EDT

Ellen Brown is today’s guest here to discuss Universal Basic Income, UBI. As well, she shares some interesting details about what happens to the money when a debt is paid. How did China increase its money supply by such a large percentage in two decades? 

Key Takeaways:

Guest: Ellen Brown, author of over a dozen books including, The Public Bank Solution, From Austerity to Prosperity

[2:30] What is a postal account? 

[10:45] What is the end game of money spending?

[12:10] Money is lent into existence. Banks create the principal but they don’t create the interest, so debt always grows faster than the money supply.

[15:00] The real economy is always short of money because there’s a hole in the bucket that always drains into the financial economy.

[16:00] What is the financialized economy? 

[20:20] Debt grows until it gets so high that people can’t borrow anymore, so they pay down their debts instead of taking out new debts. That shrinks the money supply. That goes into deflation which goes into depression. 

[22:30] Money evaporates when it pays off the debt.

[26:30] All of our money is credit. China increased its money supply by 1800% in twenty years, and they did not run into hyperinflation. Find out more. 

Websites:

EllenBrown.com

PublicBankingInstitute.org

1-800-HARTMAN

www.JasonHartman.com

JasonHartman.com/ask

Jason Hartman University Membership

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CI_1455_Ellen_Brown_UBI.mp3
Category:general -- posted at: 12:00pm EDT

Be optimistic! It’s hard to stay positive in times of crisis, but Jason reminds us about controlling our perspective. The world will go back to normal. Think long-term, people and companies will figure out a way. 

Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it’s the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. 

Key Takeaways:

[3:30] We are trained to focus on the negative, hence the media’s direction

[4:30] Stay calm, keep good counsel, keep your eye on the ball, take action

[7:30] Entertain some of the conspiracy theories, at least for their entertainment value

[9:30] The world will go back to normal

[13:00] People and companies will figure out a way

[14:30] Act in your long-term self-interest vs short-term self-interest

[20:00] Casey Weade talks pandemic investing

[25:05] Crisis is an opportunity riding the dangerous wind

[28:00] Suburbia is uniquely American

[32:00] The remote world is becoming easier, and more friction-free

[34:00] When is the right time to start investing in real estate?

Websites:

www.RetireWithPurpose.com

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CI_Casey_Weade_Pandemic_Investing.mp3
Category:general -- posted at: 12:00pm EDT

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

Direct download: CI_1441_Profit_From_Migration_Title_Wave__Big_Government_-_Evan_Moffic.mp3
Category:general -- posted at: 12:00pm EDT

James Altucher joins Jason to share his viewpoints on the economy, stocks, and more specifically the stimulus. As well, listen to the seriousness of this pandemic from a New Yorker’s perspective, and what it’s like managing life in the most challenging U.S. coronavirus area. 

James also discusses his moves in the stock market, and why he favors certain positions. As well, this pandemic will accelerate our development with technology and how we perceive colleges vs certificates.  

Key Takeaways:

Guest: James Altucher

[2:30] The New York and New Jersey Coronavirus perspective vs the rest of the nation.

[5:30] “The earlier models were wrong”

[10:10] “As long as you keep seeing insanity happen, those are all canaries in the coal mine.” -Altucher

[11:00] We know that the economy is going to wake up, we just don’t know when and how.

[12:40] Understanding why we should prep for supply shock.

[14:15] The GDP of a year is about 20 trillion dollars, 5 trillion per quarter. There is an expectation that 2 to 3 trillion will be withdrawn from the economy this quarter. 

[18:30] Is this stimulus enough, are the right people getting it?

[20:10] We, the proverbial We, all live better now than the richest people of the past. 

[28:39] Don’t buy SPY “the spider”, go with RVT instead. Royce Value Trust Inc

[29:20] Anything that was going to happen in ten years, will happen tomorrow

[31:00] Altucher shares his preferences on stocks based on some forced trends bound to happen in the next ten years.

[35:45] Florida has “luxury weather.”

[39:30] 40 alternatives to college, with James Altucher. 

Websites:

www.JamesAltucher.com

1-800-HARTMAN

www.JasonHartman.com

JasonHartman.com/ask

Jason Hartman University Membership

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CI_233_James_Altucher_1453_1454.mp3
Category:general -- posted at: 12:00pm EDT

There’s no place like home. Jason Hartman interviews Dottie Herman on her track to success, from realtor to CEO. Dottie shares her experiences in New York post 9/11, and how this affected the overall mood of New Yorkers and how they wanted to live. What kind of conclusions about shifting mindset from Covid-19 can we draw about the American home? Even banks are scared about giving housing loans with so many jobs in the air. With the current credit problems and mortgage issues, housing prices in the near future are a big question mark. 

Key Takeaways: 

[5:40] The current mortgage and credit problems might influence housing prices to drop

[7:20] “You don’t just turn a key and everything starts all over”

[8:45] Banks are double-checking if people have jobs, they are scared they are going to get burned

[13:10] In harder times, like post 9/11, people want to be with their families, and in homes that are comfortable and accommodating of their family.

[17:00] The millennial generation has different needs and wants in a home as compared to that of the baby boomers

[21:00] "If you really want to make money, and you really want to acquire wealth, you need to own real estate"

[23:30] When compared to stocks, real estate will always be here and easier to understand

[25:00] As Dorothy said, “there’s no place like home”

[27:00] Don’t be afraid to fail, and don’t be afraid of the word no

Websites:

DottieHerman.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: CI_1449_Dottie_Herman_Douglas_Elliman.mp3
Category:general -- posted at: 12:00pm EDT

Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well.

Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual? 

Key Takeaways:

[1:00] Is Kim Jong-Un alive?

[5:30] Telemedicine, we’re finally there

[8:00] The Phillips curve

[14:00] Monetary policy comes from central banks, and fiscal policy comes from the government 

Guest: Steve Hochberg

[22:00] Everything the Fed has said they’re going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can’t go on forever

[24:00] How do we know when we have too much debt?

[28:30] “I think there’s a huge bull market starting right now, and it’s the bull-market in cash” -Hochberg

Websites:

www.elliottwave.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: CI_1447-48_Phillips_Curve_Elliot_Wave_Steve_Hochberg_1-2.mp3
Category:general -- posted at: 12:00pm EDT

Coronavirus Quarantine Survivor, attorney, author, and actress, Juanita Ingram joins Jason Hartman to discuss Taiwan’s reaction to Coronavirus, approximately 30 days before it hit the U.S. What did Taiwan do right, and how did SARS prepare them for this problem. Born in Tennessee, and made her way through the U.K. and finally to Taiwan, hear Juanita’s perspective on the differences of culture and how Coronavirus was handled. 

Key Takeaways:

[1:45] What’s going on in Taiwan, so close to China? 

[5:00] From Wuhan Virus to COVID-19, the changes made in Taiwan, approximately 30 days ahead of the U.S.

[6:45] After Taiwan’s experience with SARS, they had a pandemic plan in place. Taiwan is now being called the blueprint of what should’ve been done

[9:30] Taiwan’s cases escalated due to the import of cases from outside of the country. 

[13:30] Two ER Doctors in Atlanta, Georgia that both tested positive. One is very sick, and the other is asymptomatic. 

Websites:

www.iamjuanitaingram.com

www.JasonHartman.com

Direct download: CI_230_HS_540_Juanita_Ingramm.mp3
Category:general -- posted at: 12:00pm EDT

Hoax or not, we are facing a recession. Jason Hartman discusses the suburban differences between China and the U.S. We should all expect to see Stimulus Maximus. How much debt can we handle before things don’t work out? 

Our guest today is Venture Alliance Member Mike Zlotnik who is preparing for the good, bad and ugly. 

Key Takeaways:

[3:00] Hoax or not, we are facing a recession

[5:15] √ 

[10:00] The U.S. is unlike China, think suburbia

[11:50] Stimulus Maximus

[14:00] How much debt is too much debt? Nobody knows

[19:30] How is the market responding to the Coronavirus right now?

[20:30] I cannot predict the future, just prepare for the good, bad, and the ugly

[29:15] Buying limited partner (LP) shares at a big discount

[31:30] A migration away from the dense areas of residence

Websites:

VIDEO: Don't Expect Millions To Die From Coronavirus, Says Richard Epstein

1.800.Hartman

www.JasonHartman.com

www.SolomonSuccess.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

www.BigMikeFund.com

Direct download: CI_229_Mike_Zlotnik.mp3
Category:general -- posted at: 12:00pm EDT

In today’s episode, Jason is joined from across the world with Shenzhen, China local, Gary Halmbacher to discuss Black Swan Event Coronavirus. Gary shares his experiences with self-quarantining, and local changes just north of Hong Kong. 

In the second segment, Jason is joined by Sarasota, Florida realtor, Jeff Twigg. Jason and Jeff discuss aspects of Dan Amerman’s workshop, including ALM. The two also discuss the unanticipated predictions made by Dan Amerman.

Key Takeaways:

[3:05] Guest Gary, from Shenzhen, China explains being self-quarantined

[9:40] Guest Jeff Twigg

[13:11] Discussion on Dan Amerman workshop, and some of his surprising predictions

[16:45] The Roth IRA might go away? 

[22:35] Means-testing for Social Security

[24:00] ALM Asset Liability Management Strategy

Websites:

www.JasonHartman.com

www.JeffTwiggHomes.Com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: CI_228_ALM_ASSET_LIABILITY_MANAGEMENT_PROFITS_WITH_JEFF_TWIGG.mp3
Category:general -- posted at: 9:00pm EDT

Can we talk about something else? Jason Hartman invites Michael Ainslie to the show to discuss his book, A Nose For Trouble. As well, Michael shares his business tactics helping to grow Sotheby’s in his time with the company. In his stories as Director of Lehman Brothers, Michael talks about SATURDAY MORNING, the weekend that changed Wall Street forever, and some hypotheticals had things gone differently in 2008. And finally, Michael shares a brief story about the beginning of The Posse Foundation. 

Key Takeaways:

[3:00] Ten (actually 21) Commandments of Successful Investing, Amendment: Commandment number 22?

[7:00] Michael Ainslie

[9:15] Sotheby’s growth using “good, basic business tactics”

[13:18] The art market and purchasing of major works has become a way for new wealth to distinguish themselves

[13:40] The Sotheby’s scandal with Christie’s Auction Company

[16:00] Sotheby’s real estate, “white elephants”

[20:00] SATURDAY MORNING, Geithner said, “you have two hours to save Lehman,” the weekend that changed Wall Street forever

[24:08] If there were no bailouts, what would that have looked like?

[33:10] The Posse Foundation story

Websites:

www.JasonHartman.com

www.ANoseForTrouble.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

www.holisticsurvival.com/

Direct download: CI_CW_1413_Michael_Ainslie.mp3
Category:general -- posted at: 9:00pm EDT

Returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. 

We are all searching for information on what to expect in uncertain times. Look at patterns Harry has analyzed to predict what’s to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. 

Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? 

 

[1:30] Harry Dent, Demographer

[2:30] Puerto Rico, better weather, lower cost and better tax benefits

[3:53] Famous for predictions on all aspects of the economy

[3:50 ] QE Quantitative easing

[8:00] What is the age of someone’s peak earning power and peak spending?

[8:50] “Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that’s actually chasing financial assets, and that drives up financial assets.” - Dent

[13:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy

[13:25] You say the economy is fake?

[14:25] Governments always stimulate the economy

[17:55] Are company stock buybacks really that bad? 

[18:00] The stock market is the best leading indicator of the economy

[23:00] After 1995, things start to get out of whack in relation to GDP

[27:10] Every 90 years, like a clock, we see a bigger bubble and a crash

[31:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies

[34:00] China’s workforce peaked in 2011 and has been declining ever since

[38:40] Harry explains the repo-market 

[40:00] Harry Dent, "The baby boomers have sold their homes and joined the renters"

[43:00] In general, are the millennials in a good place or a bad place?

[46:00] Harry, “I like the high quality, the ten and thirty-year U.S. Treasury Bonds”

[50:00] What’s to come of the Millenials and the McMansions? 

[52:00] If we don’t rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan

[56:00] Jason, "Financial assets like the wall street economy vs real assets like the main street economy are far riskier"

Websites:

www.HarryDent.com

PandemicInvesting.com

TAX SALE Webinar Link

Jason Hartman Youtube: Harry Dent

1-800-HARTMAN

www.JasonHartman.com

Direct download: CI_1427-29_Harry_Dent.mp3
Category:general -- posted at: 12:00pm EDT

Beware of the invisible tax, inflation. Jason Hartman discusses inflation, poverty, and work-from-home lifestyle and advantages. In these challenging times, what professionals are able to stay optimistic? How are the elites transferring wealth?

In part II of today’s show, Jason interviews Jessica Mah, founder of inDinero. Tune in for pro-tips on loan approval for PPP & EIDL. How can you optimize your time with loan delays, and get ahead of the game? And, don’t forget to prep for the end-game of these loans, will they be forgiven? Follow the rules and we shall see. 

Key Takeaways:

[3:15] There are two types of taxation that we are paying: 1) The tax that we see, income tax, sales tax, etc 2) The inflation tax, which destroys the purchasing power of our money

[7:30] People are being driven into poverty in this quarantine, making it very difficult for some to adjust to the work-from-home lifestyle

[13:30] “Tis the set of the sails, And not the gales, Which tell us the way to go.” -Ella Wheeler Wilcox

[16:00] How are the elites transferring wealth?

[19:30] Jessica Mah, founder of inDinero, helping entrepreneurs run better businesses

[20:50] PPP has run out? Only 6% of all applications have been approved by the SBA and funded. 

[21:15] The SBA is saying the best option is to use the bank you are already with, although Jessica has seen more success getting a loan through smaller regional banks

[23:15] Have you seen success in getting loans with brokers?

[25:30] Every bank is accepting PPP & EIDL applications even though they’re both on hold due to running out of money

[26:45] How can you be successful at getting your slice of the bailout pie?

[18:30] Pro-Tips: Show your work; have an excel spreadsheet that shows how you came to your figures

[30:30] How difficult is the one-page application? 

[31:00] The Magic Question, “What is all of the information you need from me in order for the bank to formally process my loan application and submit it to the SBA?”

[34:00] This loan could be forgiven if properly played out

[38:00] Encouraged to apply for PPP & EIDL, but PPP is the better of the two options for covering big payroll sheets

Websites:

Blog.indinero.com

covid@indinero.com

www.PandemicInvesting.Com

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: CI_Jessica_Mah_inDinero_SBA_LOANS_PPP_EIDL.mp3
Category:general -- posted at: 9:00pm EDT

The big talk right now is that of supply & demand shock. Jason walks us through the current market trends and the developments leading to the inevitable supply/demand shock. Simple at-home lab experiments, like watching the prices change in airline tickets help illustrate this shock at work. 

Dan Amerman joins Jason in part II to discuss crisis investing. Dan, the author of Cycles of Crisis and the Containment of Crisis, takes us through his analysis of economic trends and changes due to coronavirus. As well, Dan advises on what we, the entrepreneur, should consider and how to take action, especially concerning advantages from understanding inflation. 

Key Takeaways:

[2:00] Proving the non-theoretical practice of supply/demand shock

[4:00] The misery index has high inflation and high unemployment at the same time

[7:30] Ex: Supply/Demand shock with oil companies

[11:00] Dan gives us the macro picture

[12:30] Cycles of Crisis and Containment of Crisis

[18:45] How do you quantify neighborhoods?

[21:00] We live in a way of debt and derivatives, will it be this way forever or does it have to reset at some point?

[22:20] Japanification is a very real scenario for a period of time

[26:00] Major corporations, when compared to the entrepreneur, have access to far lower cost liabilities, in that they can get free or cheap debt (getting paid to borrow or negative interest rates) 

[26:40] What action should people be taking now?

[28:30] What’s the way to distinguish inflation in terms of asset price inflation and consumer price inflation?

[30:30] Understanding price inflation (change in the value of money) and asset deflation (a decrease in the value of an asset)

Websites:

danielamerman.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast


Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.

Key Takeaways:

[2:10] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house

[5:07] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?

[11:22] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share

[16:05] The effective "interest rate" for homeowners who realize their equity

[20:15] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade

Website:

www.QuantmRE.com

www.JasonHartman.com/Ask

Direct download: CI_223_Matthew_Sullivan.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Garrett Sutton, Rich Dad Advisor and author of Loopholes of Real Estate, about some recent Supreme Court decisions that will impact your life in a positive way. No matter what you think about the political division in the court, there are some things on which everyone can agree, and that's the case with these two cases. They also discuss the pros and cons of Series LLCs and the Economic Berlin Wall Jason's been lamenting for years.

Key Takeaways:

[1:53] The Supreme Court unanimously cracked down on excessive civil forfeiture

[5:42] Why you should actually CARE about the civil forfeiture decision

[8:35] Another unanimous Supreme Court decision that protects trusts

[14:01] California is trying to create an Economic Berlin Wall to avoid a brain drain

[18:14] There's a new development for Series LLCs

[22:41] There's not a lot of case law for Series LLCs, which can make it a sketchy area

Website:

www.CorporateDirect.com

Direct download: CI_222_Garrett_Sutton.mp3
Category:general -- posted at: 4:57pm EDT

Jason Hartman talks with Hernando De Soto, founder and President of the Institute for Liberty and Democracy and author of The Mystery of Capital:, about the elements of capitalism that are most important and how property rights are absolutely essential. They also discuss the growing sentiment toward socialism in the United States and what impact that could have.

Key Takeaways:

[2:00] The 5 mysteries of capital

[6:50] Capitalism is one of the few (if not only) systems that gives the lower classes a chance against the rich

[13:07] What we do as capitalists does not translate to what we do in politics

[17:53] The issue of equal opportunity for capital has to be addressed for capitalism to regain its popularity

Website:

www.ILD.org.pe

Direct download: CI_221_Hernando_de_Soto.mp3
Category:general -- posted at: 12:00pm EDT

In this 10th episode, Jason Hartman talks with Sharon Lechter, former CEO of Rich Dad & Pay Yourself First and author of Success & Something Greater: Your Magic Key, about her experiences with both the Rich Dad company and the Napoleon Hill Foundation. Sharon provides unique insights into the impact both organizations have had on society today, as well as what she has discovered success means for various people.

Key Takeaways:

[3:31] Napoleon Hill one of the original self-help authors?

[7:46] The different types of success Sharon saw while writing her latest book

[10:07] Why the man who sold the patent for the jet ski for $75,000 doesn't regret it

Website:

www.SharonLechter.com

Success and Something Greater: Your Magic Key

Direct download: CI_220_Sharon_Lechter.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Spencer Burleigh, co-founder of www.RentTheBackyard.com. Spencer's company will build a unit on your land, list it online, and split the rental profits with you 50/50 as long as you have an area at least 25' by 20' clear and you live in your home most of the year. Listen in as Jason and Spencer discuss the business model and how you can take advantage of it.

Key Takeaways:

[1:32] What problem is Rent the Backyard addressing?

[6:26] Rent the Backyard is able to create a second dwelling on the property without getting the land rezoned

[11:02] The stigma behind manufactured housing needs to go away, but it also needs to get cheaper

[14:34] The income side of Rent the Backyard's business model

Website:

www.RentTheBackyard.com

Direct download: CI_219_Spencer_Burleigh.mp3
Category:general -- posted at: 12:00pm EDT

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.

Key Takeaways:

[1:21] Are lower interest rates good news for cyclical markets or are they just too overpriced?

[5:48] The rise in wages has helped the economy but it's not changing the overall trend or forecasts

[9:46] Why are housing starts so important?

[14:51] ITR's concerns with the tariffs currently being put in place

[19:07] More tariffs could potentially put us in a recession, so be very careful if we see more coming

Website:

www.ITREconomics.com

Direct download: CI_218_Taylor_Germain.mp3
Category:general -- posted at: 12:35am EDT

Does real estate investment beat the stocks, even if the tenant doesn’t pay? Jason and Adam discuss the perks of real estate investment compared to the stock market, even if a tenant doesn’t pay. This question strikes a chord as millions of Americans will have trouble paying their rent or mortgage on April 1. 

Remember to stay calm, keep good counsel, keep your eye on the ball and take action.

Jason is joined with Tom, to wrap up some advice and details about the 1031 tax-deferred exchange alternative. 

Key Takeaways:

[2:45] Millions of Americans will have trouble paying rent/mortgage

[6:00] Stay calm, keep good counsel, keep your eye on the ball and take action

[11:08] Will there be a decline in the use of public spaces?

[15:30] Does real estate beat the stock market? 

[18:40] What is the average return on real estate investment? Adam shares his experience with the 100k home

[21:45] Johnny from Arlington

[23:10] The loan modification culture is back

[23:49] Learn More: Strategic Defaults & Loan Modifications

[28:40] Reach out to one of our investment counselors to build a relationship with them and to gain some knowledge in a given market

[30:30] The 1031 Tax-Deferred Exchange Alternative, Part II with Tom

Websites:

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CI_217_Adam.mp3
Category:general -- posted at: 12:00pm EDT

Does real estate investment beat the stocks, even if the tenant doesn’t pay? Jason and Adam discuss the advantage of real estate investment compared to the stock market, even if a tenant doesn’t pay. This question strikes a chord as millions of Americans will have trouble paying their rent or mortgage on April 1. 

Remember to stay calm, keep good counsel, keep your eye on the ball and take action.

Jason is joined with Tom, to wrap up advice and details about the 1031 tax-deferred exchange alternative. 

Key Takeaways:

[2:45] Millions of Americans will have trouble paying rent/mortgage

[6:00] Stay calm, keep good counsel, keep your eye on the ball and take action

[11:08] Will there be a decline in the use of public spaces?

[15:30] Does real estate beat the stock market? 

[18:40] What is the average return on real estate investment? Adam shares his experience with the 100k home

[21:45] Johnny from Arlington

[23:10] The loan modification culture is back

[23:49] Learn More: Strategic Defaults & Loan Modifications

[28:40] Reach out to one of our investment counselors to build a relationship with them and to gain some knowledge in a given market

[30:30] The 1031 Tax-Deferred Exchange Alternative, Part II with Tom

Websites:

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: CI_216_Tom.mp3
Category:general -- posted at: 11:15am EDT

Jason is joined by guest Scott Krone to discuss his creative approach to converting units into self-storage units. Scott discusses some insight on opportunity zone, PACE financing, and historical tax credits. Scott, coming from an architectural background, looks at the property a little differently than most developers with a keen eye for improvements. Take a peek at some of Scott’s development strategies.

Key Takeaways:

[3:35] With ‘green’ being a more common platform, reusing and readapting a building not only suited this but also was more cost-effective

[5:03] Does Lead Certification apply to self-storage facilities?

[8:00] How does Pace Financing work?

[12:05] How do the interest rates compare to commercial loans?

[14:28] From an architectural standpoint, how do you figure the optimum amount for property improvements?

Websites:

www.JasonHartman.com

www.CodaMG.com

Direct download: CI_215_Scott_Krone.mp3
Category:general -- posted at: 3:00am EDT

Jason Hartman talks with Matt Curtis, founder and CEO of Smart City Policy Group, about the state of short-term rentals in today's society. Matt explains why he thinks that no matter what people in power do, they won't be able to stop the movement that is short-term rentals. Matt also discusses what he expects for the market when the economy inevitably sinks into a downturn and people stop taking so many vacations, and why a societal shift is key to that.

Key Takeaways:

[4:06] Technology is leading us closer to a Jetsons like world

[6:43] Short-term rentals seem like they're going to win out over areas that are currently resisting

[9:57] It's not hard to see why some areas of the country are resistant to the idea of short-term rentals

[13:42] Are short-term rentals squeezing renters out of the higher end homes?

[18:04] Commercial mix-use multifamily seems to be an area that there's no qualms using for short-term rentals

[20:14] What happens to short-term rentals when the next recession hits?

Website:

www.SmartCityPolicyGroup.com

www.SmartCityPolicySummit.com

Direct download: CI_214_Matt_Curtis.mp3
Category:general -- posted at: 10:36pm EDT

Jason Hartman talks with Doug about short-term debt cycles and what's going on with our economic expansion that's been happening for years. It's been going on for a long time, and at some point it's going to turn, so how do we recognize it?

Key Takeaways:

[2:10] The Wealth Effect in a booming economy

[4:44] What precipitates the turn of the economy?

[11:05] The principles that drive the stock market are the same ones that drive real estate

[14:40] Can GDP growth and stock market growth have diverging rates of growth for extended periods?

[19:57] The primary reason this economic expansion has gone on so long is that it hasn't been inflationary

[26:16] The looming pension crisis

Website:

www.JasonHartman.com/Properties

Invest with Sven Carlin, Ph.D.

Direct download: CI_213_Doug.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Michael Finch, Principal at SVN and SFRhub Advisors, about the latest trend in real estate development: the build to rent model. The two discuss why this model is so popular, why developers love it and why it's not likely to be going away any time soon.

Key Takeaways:

[1:25] Why is the build-to-rent model so attractive?

[6:14] Build to Rent properties tend to haev drastically lower tenant turnover

[10:47] Financing build to rent properties

[14:08] Do communities have to be all or nothing in terms of build for rent sales?

Website:

www.SFRhub.com

Direct download: CI_212_Michael_Finch.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Chris Porter, Senior Vice President & Chief Demographer at John Burns Real Estate Consulting, about what trends their company has been seeing. There have been some profound shifts in the way that Americans want their communities, what they're looking for in a house, and whether they even WANT to own a house.

Key Takeaways:

[2:28] The labor shortage in construction right now is a great opportunity for new technology to come into the market

[7:48] Some developer trends going on right now

[11:47] The current housing trends of Millennials and Baby Boomers

[15:14] Are the insititutional investors here to stay?

[19:48] Chris' prediction on home ownership rates has been somewhat right. Why he thinks it wasn't completely acurate

[24:41] Why the way generations are widely defined make no sense

Website:

www.RealEstateConsulting.com

Direct download: CI_212_Chris_Porter.mp3
Category:general -- posted at: 4:49pm EDT

Jason Hartman talks with David Osborn, co-founder of Magnify Capital and best-selling author of Wealth Can't Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today!, about making the conscious decision to be wealthy and how you can actually follow through on that decision while avoiding common pitfalls. They also discuss how absolutely vital the morning is to your life and how you can win the morning.

Key Takeaways:

[2:28] Being wealthy starts with making a choice

[6:35] The mindset is critical but often overlooked

[10:58] When you become successful you eventually just have to learn to deal with being in lawsuits

[14:15] Do NOT hire someone just because you like them

[21:24] Miracle Morning Millionaires

[23:26] By 11am the world is coming at you and you're in reaction mode

Website:

www.DavidOsborn.com

Direct download: CI_210_David_Osborn.mp3
Category:general -- posted at: 3:47pm EDT

Jason Hartman and economist Thomas look back on the 2010s to see what the biggest stories were for investors. From the War on Terror to Obamacare to the aftermath of the Great Recession, it was a decade fraught with ups and downs that provided opportunities for investors to make good money.

Key Takeaways:

[5:13] The 10th biggest story of the decade: the War on Terror explodes the deficit

[8:20] Why European debt issues will come to the fore in 2022

[12:37] The idea of Purchasing Power Parity and what it says about China's economy vs the US

[16:42] As much as Jason doesn't like Obamacare, it makes the list of Top Stories of the 2010s

[26:53] What Jason learned years ago during his day as a lobbyist

[29:10] Thomas is seeing at least a 15% drop in the market coming when the Fed decides to let risk enter the market again

Website:

www.JasonHartman.com/Properties

Direct download: CI_209_Thomas.mp3
Category:general -- posted at: 12:29am EDT

Jason Hartman talks with Anita Campbell, founder and publisher of Small Business Trends, about what markets are currently the friendliest to entrepreneurs. Some rankings are surprising and there's a big surprise when it comes to entrepreneurs in rural areas. They also discuss the potential impacts of minimum wage on small business.

Key Takeaways:

[2:01] Some of Anita's rankings for best cities for entrepreneurs really suprised her

[4:51] How Anita's company was able to use the US Census to help in the rankings

[7:47] Technology has allowed rural areas to start flourishing as entrepreneurial havens

[10:18] Does having more entrepreneurs in an area make the market more or less stable?

[16:32] How the movement to a $15/hr wage is impacting entrepreneurs

Websites:

www.JasonHartman.com/Properties

www.SmallBizTrends.com

www.DataUSA.io

Direct download: CI_208_Anita_Campbell.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about how a heavy handed Fed has changed how inflation and housing have correlate to each other, why the Fed reacts to quickly, what the Fed is setting interest rates up to do, and much more.

Key Takeaways:

[1:59] The Federal Reserve is getting more heavy handed as years go by, and hints of a coming recession could lead to more intervention

[6:53] Housing tracked inflation better than gold until the Federal Reserve got real heavy handed after 2001

[11:42] The Fed reacts too quickly to things

[13:21] Dan's prediction of where interest rates are about to head

[19:05] Certain Fed actions and yield curve inversions seem to have a correlation

[22:39] The 2 ways to look at inflation

[26:01] The self-liquidating debt

Website:

www.JasonHartman.com

www.DanielAmerman.com

Direct download: CI_207_Dan_Amerman.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman does another client case study with Lisa, and today is all about metrics. Lisa has seen the Pro Formas available on Jason's website but wants to know which lines are the most important to be looking at when evaluating a property. Then Jason and Lisa move on to self-management and some ways to find a handy man that are outside the norm.

Key Takeaways:

[2:56] The 3-5 things Jason looks at first in the Pro Forma

[8:47] The very first thing you need to do when looking at any Pro Forma is checking the assumptions

[12:09] Don't forget to watch and re-watch the 27 minute video that goes over the Pro Forma line by line

[13:07] How Lisa used Lowe's to find a handy man

[17:02] Why Jason's so excited about his new Empowered Investing Network

[18:50] What to do for Financial Freedom month (coming this July)

Website:

www.JasonHartman.com/Properties

Quick Start Podcast

Direct download: CI_206_Lisa.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Andrew Rybczynski, Senior Consultant at CoStar Portfolio Strategy, about what is happening on the construction side of both single family and multifamily properties. The tight labor market is causing unit completion to slow significantly, but there are a massive number of units being started. The two look at the impact of more millennials living at home on the shadow demand for apartments and whether renter demographics are still looking good.

Key Takeaways:

[1:27] We're seeing a lot of construction all around the country, what's the supply/demand outlook?

[5:07] How much are construction costs going up?

[9:07] We're not building single family homes as much as we used to

[11:50] About 32% of adults 18-34 are living with their parents

[15:02] Looking at the spread between an apartment cap rate and a triple B bond

[18:57] How Andrew views renter demographics over the next 10 years

Website:

www.JasonHartman.com/Properties

www.CoStar.com

Direct download: CI_205_Andrew_Rybczynski.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Tal Tsfany, President & CEO of the Ayn Rand Institute, about free speech on college campuses, how we should be defining things like happiness and selfishness, and why we should be focusing on the self. They also examine the philosophies of those who want to tax the rich in order to redistribute wealth.

Key Takeaways:

[2:45] What's happening with speech on college campuses is a result of progressive philosophies

[4:33] What would Ayn Rand's political views be in today's world?

[8:12] Ayn Rand's definition of happiness

[11:40] Love is a goal or value that you pursue. It's a spiritual trade

[15:37] Ayn's definition of selfishness

[19:35] Berkley students in the 60s were reading Ayn Rand to be cool, but not following through on the axioms

Website:

www.AynRand.org

www.JasonHartman.com

Direct download: CI_204_Tal_Tsfany.mp3
Category:general -- posted at: 3:36pm EDT

Jason Hartman talks with Doug about why there's been a decline in inventory and what shortages are abound in the housing market. In examining several videos about the housing market and economy, Jason and Doug also look at what impact privatizing mortgages could have and housing affordability in Canada.

Key Takeaways:

[4:22] The big housing shortage is not in McMansions, it's in the 100k range

[7:48] The problem with waiting for the next recession

[12:39] Inventory has declined, which has caused upward pressure on prices

[18:59] When large developers start building an area, they have to keep the sales going in order to make money, so prices can fluctuate

[22:55] The potential impact of privatizing is a prevention of markets overheating

Website:

www.JasonHartman.com/Properties

Email your Spam to reviews@JasonHartman.com

Direct download: CI_203_Doug.mp3
Category:general -- posted at: 3:36pm EDT

Jason Hartman and one of the network's Florida market specialists discuss the Jacksonville market and what kind of housing is currently available. The two break down a pro forma for one of the available new construction properties and examine why Florida has become such a hot spot for people fleeing both the East and West coast states.

Key Takeaways:

[3:44] Florida is now drawing people from the East and West coast

[5:44] Jacksonville market profile

[9:43] Examining a pro forma of one of the new construction properties available in Florida

[12:16] There are a couple properties available that you could take advantage of in a 1031 exchange

[15:09] People are moving to Jacksonville to be near St Augustine, which is the 2nd busiest place for tourists in Florida behind Disneyworld

Website:

www.JasonHartman.com/Properties

Direct download: CI_202_Florida.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with client Greg Scott about his journey from accidental landlord to an owner of multifamily properties. Greg and Jason examine why people don't know whether they're winning or losing, how Greg was able to continue investing through the Great Recession, and what sort of demographics are making being a landlord look better and better.

Key Takeaways:

[2:24] Greg's journey to becoming an accidental landlord

[6:01] People often don't know whether they're winning or losing

[11:08] When you hear about the returns people get from real estate and want to do the same, you have to actually act on it

[12:41] Greg's plan for his new multifamily facility

[15:27] How worried was Greg when he was investing in property during the Great Recession?

[19:33] Does Greg see the same thing about high rental demand as Jason does?

Website:

www.JasonHartman.com/Properties

Direct download: CI_201_Greg_Scott.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they've been coddled too much or if we've just learned how to better communicate with them.

Key Takeaways:

[3:05] How do you rate a country's happiness?

[5:31] There's only one thing that predicts happiness levels on a national level

[9:50] The hazards of social media on happiness

[11:53] Lessons learned from Tal's barber

[17:23] How to praise people properly to encourage growth

[20:11] If you don't teach people to face reality then you're setting them up for failure

[23:36] The first step toward happiness is, surprisingly, allowing in unhappiness

Website:

www.TalBenShahar.com

Direct download: CI_200_Tal_Ben_Shahar.mp3
Category:general -- posted at: 11:41am EDT

Jason Hartman talks with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved.

They also discuss how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings.

Key Takeaways:

[1:47] The most recent number the unfunded mandates are going to cost

[8:42] Does Laurence believe in Supply-Side Economics?

[11:51] Consuming your way to prosperity has never worked before and won't now

[15:10] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public's response to the start of the Great Recession

[18:54] Laurence's take on Jason's 6 ways the government can get out of its hole

[24:25] Is the future inflationary?

[25:52] What do we need to do to plan for the future?

[32:10] How much time it takes to input your data into Maxifi

[35:46] Many people are saving too much for their later life because they're scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman's Real Estate Investor Update Alexa Skill

Direct download: CI_199_Laurence_Kotlikoff.mp3
Category:general -- posted at: 2:16pm EDT

Jason Hartman talks with Ryan Minekime, co-founder of REIanalyst, about how his tool allows investors to whittle down their list of potential properties quickly.

Key Takeaways:

[1:30] REIanalyst was born out of a need Ryan had to see more properties in less time

[4:39] How Ryan's data is figured out when making assumptions on properties

[7:22] Where REIanalyst gets their data

[11:16] Information for investors is severely lacking

Website:

www.REIanalyst.com

www.JasonHartman.com

Direct download: CI_198_Ryan_Minekime.mp3
Category:general -- posted at: 10:56pm EDT

Jason Hartman talks with G Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable.

Key Takeaways:

[3:23] It can perfectly legal to extract millions of dollars from a company while the shareholders value drops to 0

[6:29] Trying to punish "the corporation" just means that shareholders get hurt

[8:56] How do we hold someone accountable when a corporation does something bad?

[10:44] How to actually make change happen to fix this problem

[13:52] Governments have a perpetual lien on your property. There's no such thing as owning something "free and clear"

[19:50] What is reasoning behind people like Soros when they pump money into politics?

[22:26] The Fabian Socialist Society believed you took over society gradually

[26:05] At what point is it proper for the state to intervene?

Website:

www.RedPillExpo.org

www.FreedomForceInternational.org

www.RealityZone.com

Direct download: CI_197_G_Edward_Griffin.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan's failure to curtail spending like he'd originally wanted, the difficulty Trump is having actually "draining the swamp", the impact of increasing debt on inflation and whether it's sustainable.

Key Takeaways:

[3:18] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded

[7:00] Trump's problem was that he recognized the economy was failing but didn't have a program to address it

[12:04] Does our escalating deficit mean inflation is on the horizon?

[16:26] Is our private debt really that bad?

[20:11] How investors should position themselves for the next few years

[22:59] We've learned in the last decade that Central Banks can't cause inflation on a worldwide basis

Website:

Peak Trump: The Undrainable Swamp and the Fantasy of MAGA

www.DavidStockmanContraCorner.com

Direct download: CI_196_David_Stockman.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman has a client case study with David Nelson, who, along with his wife, has amassed a real estate portfolio that has allowed her to retire early to focus on their holdings. David discusses how his cockiness led him into a bad deal, why continual education is important and where his journey is heading.

Key Takeaways:

[5:07] David started getting cocky investing in 2016 and didn't pay enough attention to his inspection

[20:24] Jason's group doesn't do any one off deals

[24:28] How self-management has gone for David so far

[29:18] When you combine education with action you can accomplish nearly anything

[33:01] Why being 80% in on one asset class isn't necessarily a mistake

Website:

www.JasonHartman.com/Properties

Direct download: CI_195_David_Nelson.mp3
Category:general -- posted at: 1:43pm EDT

Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.

Key Takeaways:

[4:11] Asset inflation is making the rich richer and leaving the poor and middle class behind

[10:18] Will millennials get bailed out by their inheritance from their Baby Boomer parents?

[13:33] The 2 investments that will appreciate in a global downturn

[15:25] 2 ways central banks can print money

[19:57] Inflationary actions can kick the can down the road a long way, but there is one thing that can ruin the party

Website:

www.GloomBoomDoom.com

Direct download: CI_194_Marc_Faber.mp3
Category:general -- posted at: 4:00pm EDT

Jason Hartman talks with Frank Barletta, Co-Founder and CEO of UpTop, about how his software can help self-managing property owners. Frank explains how UpTop helps landlords deal with leases and maintenance requests, as well as how to use the platform.

Key Takeaways:

[4:14] What does a landlord do with UpTop?

[7:12] Where UpTop makes its money

[12:18] How UpTop handles leases

[13:05] Dealing with maintenance issues through UpTop

Website:

www.LiveUpTop.com

Jason Hartman's Real Estate Investor Update Alexa Skill

Direct download: CI_193_Frank_Barletta.mp3
Category:general -- posted at: 8:34am EDT

Jason Hartman talks with Ray Hespen, co-founder and CEO of Property Meld, about how property owners can proactively close the problem areas that tenants and landlords have in order to retain the tenants longer. Learn how tenants like to be contacted in today's age, why they leave, and how Ray's software may be able to help you.

Key Takeaways:

[2:44] What issues does Property Meld address to help the tenant?

[4:38] Around 1/3 of all non-renewals are due to poor maintenance experiences

[10:14] The strongest correlation between maintenance requests and renewals is speed, hands down

[12:45] Renters nowadays want to be texted, not called

Website:

www.PropertyMeld.com

www.RealData.com

Direct download: CI_192_Ray_Hespen.mp3
Category:general -- posted at: 4:23pm EDT

Jason Hartman talks with Dr. David D Friedman, son of Milton Friedman, former professor at Santa Clara University in the Law School, and author of books such as The Machinery of Freedom: Guide to a Radical Capitalism and Law's Order: What Economics Has to Do with Law and Why It Matters. The two dissect what role the government should have in society: what it's capable of and what it need to steer clear from, while also delving into the 4 problems that need to be addressed in a feud system.

Key Takeaways:

[1:47] How David's thinking is similar and different than his father's

[4:00] Can the government actually be out of everything?

[8:21] One of the mistakes that supporters of free markets make is implying that things won't ever go wrong

[11:51] Market failure is a mark for and against government

[17:43] What David learned about feud law when looking at various legal systems

[21:38] Making the tort claims transferable would make our legal system much better

Website:

www.DavidDFriedman.com

Direct download: CI_191_David_Friedman.mp3
Category:general -- posted at: 6:21pm EDT

Jason Hartman talks with Jorge Newbery, founder and CEO of Debt Cleanse, founder of American Homeowner Preservation and author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about how he was able to climb out of a $26 million hole and how others can follow in his footsteps. This isn't about cheating your way out of debt, it's about using the same rights that creditors have because you need to protect yourself from predatory lending practices.

Key Takeaways:

[2:32] Debt may seem simple, but it's a lot more nuanced that you'd first believe

[4:17] If you can't afford your debts, the best thing you can do is to stop paying them

[7:29] How Jorge got started paying off his $26 million debt

[10:06] What kind of errors you should be looking for from your lendors

[15:56] The elite have often used debt as a way to enslave the lower classes

Website:

www.DebtCleanse.com

Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar

Direct download: CI_189_Jorge_Newbery.mp3
Category:general -- posted at: 3:41pm EDT

Jason Hartman talks today with Frank Gallinelli, founder and President of Real Data and author of the book What Every Real Estate Investor Needs to Know About Cash Flow & 36 Other Key Financial Measures, about what metrics Frank finds the most important for single family home investors to pay attention to. They also discuss the "holy grail" metric that investors should be using and when you actually SHOULDN'T invest in real estate.

Key Takeaways:

[1:53] What are the core metrics that real estate investors should be looking at?

[6:39] You should try and forecast best case, worst case, and in-between case for your properties

[8:02] What is discounted cash flow?

[10:36] The holy grail metric is still IRR (Internal Rate of Return)

[12:26] A different way to view Return on Equity

[15:59] Is there a time where it doesn't make sense to acquire properties?

[21:44] Education is absolutely vital to being a good investor

Website:

www.RealData.com

Direct download: CI_188_Frank_Gallinelli.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist and Director of Research at the International Monetary Fund (IMF), about how community has been weakened, which has allowed competitive markets and governments to get out of balance. They also discuss what jobs will remain after automation takes off even more, mortgage rates and whether we're headed toward inflation or deflation.

Key Takeaways:

[1:41] What the IMF is and how it differs from the World Bank

[6:36] Massive technological change tends to hit an area and hurt before the benefits kick in later

[9:47] After automation comes and takes many of the jobs, there will still be jobs that involve human interaction

[15:07] Is Raghuram seeing inflation, deflation, stagflation or what in the coming years?

[17:50] Are mortgage interest rates artificially low?

[22:34] There's good deflation and bad deflation

Websites:

The Third Pillar: How Markets and the State Leave the Community Behind

Raghuram Rajan at Chicago Booth School of Business

Direct download: CI_187_Raghuram_Rajan.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

[1:38] Why did Ken choose this time to sell his properties and how did he do it?

[5:57] Cap Rate fails to take appreciation into account

[7:53] Is there an oversupply of multifamily that's causing rents to not grow as quickly?

[11:59] What Ken has learned about his facilities for the 55+ community

[13:47] Why Ken is still bullish on real estate

[17:30] Capital always looks for safety in the US

[21:13] The impact things like ride sharing and autonomous cars are having (and will have) on real estate

[23:56] Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Direct download: CI_186_Ken_McElroy.mp3
Category:general -- posted at: 9:38pm EDT

Jason Hartman talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[1:33] Jeff's thoughts on the current trade situation

[5:49] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[9:43] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[12:55] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Direct download: CI_185_Jeff_Ferry.mp3
Category:general -- posted at: 2:11pm EDT

Jason Hartman and in-house economist Thomas take today's episode to examine the 10 things that are happening in the US and abroad that are making the most impact in 2019. Among them are the US/China trade war, interest rates, the Mueller Report, millennial household formations, and more.

Key Takeaways:

[1:23] The best thing that's happened so far in 2019 is lower interest rates

[4:04] Household formation for millennials is looking really good for investors

[6:46] The Fed being receptive of market conditions has been a good omen for 2019

[11:39] The 3% GDP growth they said we needed to "pay" for the Trump tax cuts happened

[14:38] Blogcast on Creative Destruction

[20:34] The Mueller Report's impact on the housing market

[23:16] The US needs to negotiate with China now before we operate out of a position of weakness

[25:29] When China sat out the bond auction recently it created a wild swing

Website:

www.JasonHartman.com/Properties

Jason Hartman's Real Estate Investor Update Alexa Skill

Direct download: CI_184_Thomas.mp3
Category:general -- posted at: 3:51pm EDT

Jason Hartman talks with Howard Jennings, Managing Partner at Stateside APM, about how entities can help foreign real estate investors, as well as how those same foreign investors can save themselves money in creating those entities and avoiding double taxation in certain areas.

Key Takeaways:

[1:50] Do foreign investors need to have entities like an LLC?

[4:44] Some states have higher fees than others, and Canada can even tax you twice

[8:50] Services provided by Stateside APM

[16:16] Nearly every decision in life comes down to instant gratification vs delayed gratification

Website:

www.StatesideAPM.com

www.JasonHartman.com/Properties

Direct download: CI_183_Howard_Jennings.mp3
Category:general -- posted at: 8:53am EDT

Jason Hartman talks with Gary Boomershine, real estate coach, real estate investor and founder of REIvault, about the differences between real estate investors and a real estate entrepreneur, as well as ways that you can protect yourself from inflation. Gary and Jason discuss the great part of buy and hold investing and what Gary sees as the future for the economy and real estate.

Key Takeaways:

[2:28] What is a real estate investor?

[6:28] Gary used to flip houses but now regrets every house he ever sold

[11:44] Gary's experience as a hard money lender

[17:53] Gary's take on the VRBO market

[24:34] First position lending can be a hedge

[30:31] Right now Gary's a bit pessimistic about the market and is taking some chips off the table, while some of his cohorts are going full in

[32:58] The 3 areas Gary believes need to be very careful in today's market

Website:

www.JasonHartman.com/Vault

Direct download: CI_182_Gary_Boomershine.mp3
Category:general -- posted at: 12:38am EDT

Jason Hartman talks with Andres Pira, CEO of Blue Horizon Developments, Managing Director of Phuket Condos & Homes and author of the book Homeless to Billionaire – The 18 Principles of Wealth Attraction and Creating Unlimited Opportunity, about his journey through real estate investing and how he reached this point in his career. Andres explains the importance of giving before expecting and how that will help you succeed in business and life.

Key Takeaways:

[1:48] Andres' path through the real estate world

[6:06] You have to take risks in life, so just make sure you consider the worst case scenario and whether you can bounce back from it

[9:40] Vibrational giving: give out first, then good things will come later

[14:49] Stop trying to win deals and make them win-win

Website:

www.AndresPira.com

Direct download: CI_181_Andres_Pira.mp3
Category:general -- posted at: 3:50pm EDT

Today's off-topic 10th episode has Jason Hartman talking with Sally Kohn, CNN political commentator, host of The State of the Resistance podcast and author of The Opposite of Hate: A Field Guide to Repairing Our Humanity, about why there's so much hate in our country at the moment and how we need to continue acknowledging problems and working to get better.

Key Takeaways:

[4:16] Technology makes us feel more anonymous, which isn't always the best thing

[6:54] Does the US deserve credit for being better than the rest of the world?

[11:45] What definition of "hate" Sally's working from

[15:56] Most people don't think they're hateful, they believe "those people" are hateful so the things they do are justified

[19:40] We have been taught throughout history that men should be in positions of power, which is a powerful thing to have to break through

Website:

www.SallyKohn.com

Direct download: CI_180_Sally_Kohn.mp3
Category:general -- posted at: 2:53pm EDT

Jason Hartman talks with Mauricio Rauld, Esq, attorney who specializes in syndications, about what Opportunity Zones can mean for investors. Mauricio breaks down the tax incentives that have been presented, but also why you may not want to invest in them.

Key Takeaways:

[1:17] What's the deal with Opportunity Zones?

[3:14] The 2 things you need to do to invest in Opportunity Zones

[7:32] The 4 tax incentives of Opportunity Zones

[11:43] Will a mass of properties from Opportunity Zones hit the market in 10 years?

Website:

www.PremierLawGroup.net

Direct download: CI_179_Mauricio_Rauld.mp3
Category:general -- posted at: 3:50pm EDT

Jason Hartman talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years.

Key Takeaways:

[1:33] Who is Minsky and why is he someone we should concern ourselves with?

[4:50] What is Modern Monetary Theory and why is it applicable?

[10:38] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation

[13:45] Has all the money that was put into the economy during Obama's term been taken back out by taxes or is it causing inflation?

[17:58] The test you need to use to discover if you're doing monetary policy correct

[21:55] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth

[25:56] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized

[29:05] What's coming up, economically, for the United States

Website:

www.Levy.org

Direct download: CI_178_Randy_Wray.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Shane Connor, founder of Red Rock Capital Group, about sourcing and vetting commercial deals. Jason has Shane break down the process to help new investors figure out their way down the path.

Key Takeaways:

[1:10] How much upside does the multifamily sector have with renters?

[4:22] Is the multifamily inventory improving?

[7:05] Where is Shane finding the deals?

[10:28] How to vet a potential deal

Website:

www.RedRockCapitalGroup.com

Direct download: CI_177_Shane_Connor.mp3
Category:general -- posted at: 8:38pm EDT

Jason Hartman talks with Gino Barbaro, co-founder of Jake & Gino, about his investing journey to over 1,000 units owned. Gino and Jason discuss the ways you can increase the revenue of your multi-family units while reducing vacancy. Gino exited the rate race in March 2016 and wants to help as many people as he can to never go back.

Key Takeaways:

[1:56] Gino's investing journey

[4:45] How hard is managing your properties

[8:49] It's harder to increase the income from a single family home as opposed to a commercial property

[13:58] How Gino has increased revenues on his apartment complexes

[19:45] An explanation of Surety Bonds

[22:41] Offering storage facilities at your property can help retain tenants

[24:43] Pet rent needs to become standard practice

Website:

www.JakeAndGino.com

Direct download: CI_176_Gino_Barbaro.mp3
Category:general -- posted at: 10:52pm EDT

Jason Hartman talks with Dr Dan Handford, founder of Multifamily Investor Nation and host of Tough Decisions Network for Entrepreneurs podcast, about his journey from doctor to real estate professional. Jason and Dan delve into the shortage of apartment construction that's prevalent around our country, as well as best practices for raising money if you're trying to be a syndicator.

Key Takeaways:

[2:21] How Dan came to be a multifamily real estate investor

[4:58] In 2019 the United States is facing a shortage of apartments

[8:47] How Dan generally structures his deals

[14:48] Some best practices for raising money

[18:54] Why multifamily?

Website:

www.PassiveInvesting.com

Direct download: CI_175_Dan_Handford.mp3
Category:general -- posted at: 5:15pm EDT

Jason Hartman talks with Anna Myers, Vice President of Grocapitus, about how to analyze deals, specifically for multifamily. Anna's group is all about finding the right deals in the right market, and she talks with Jason about which markets are looking good and which are past their peak, along with why the demographics for real estate investors is still incredibly bullish.

Key Takeaways:

[1:20] What is Anna's definition of "data driven real estate investing"?

[6:35] How can you know when the supply of starts is going to meet the demand for jobs?

[10:03] Things you need to be looking for at the neighborhood level of your market

[15:48] Anna's team is looking at approximately 80 markets a quarter

[19:40] What kind of properties does Anna have in her portfolio?

[21:49] The stigma of renting is gone as Millennials and Baby Boomers are now renting

Website:

www.Grocapitus.com

www.MultiFamilyU.com

Direct download: CI_173_Anna_Myers.mp3
Category:general -- posted at: 11:53pm EDT

Jason Hartman talks with Julia, who will be speaking at the event in Savannah, GA about tax liens and deeds. She gives a brief intro to what they are and what she'll be discussing at the event.

Key Takeaways:

[2:19] An intro to tax liens and tax deeds

[3:17] How Julia was able to buy a house in Savannah for simply paying back taxes

[5:46] Julia will be teaching how to avoid problem properties and how she evaluates deals

Websites:

www.JasonHartman.com/Properties

www.JasonHartman.com/Events

Direct download: CI_172_Savannah.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Anton Ivanov, founder of DealCheck.io, about his real estate journey and what made him create his deal evaluating software. The two also explore what metrics real estate investors can use to best evaluate deals and where to get numbers that will actually give you accurate results.

Key Takeaways:

[1:24] How Anton became an accidental landlord and started his real estate journey

[4:34] How the need to evaluate deals led to Anton's technology, and how to evaluate deals in general

[7:52] The only sure way to get accurate numbers in cash flow or profit equations

[10:40] Some of the metrics Anton loves to use

[15:02] Is the future for landlords as good as Jason believes?

[21:38] You can buy in blighted areas if you want, but know that they can take a REALLY long time to turn, if ever.

Website:

www.DealCheck.io - Promo Code CW25OFF

Direct download: CI_171_Anton_Ivanov.mp3
Category:general -- posted at: 9:45am EDT

Jason Hartman talks with Robert Greene, author of the new book The Laws of Human Nature as well as New York Times bestsellers like The 48 Laws of Power and The 33 Strategies of War, about how to approach people to put yourself in the best position for success as well as how to best change your life and circumstances. Robert goes over a few of his 18 laws to help you on your way.

Key Takeaways:

[5:08] Misjudging people is extremely expensive, and it's getting even harder to do with everything becoming virtual

[8:07] Thinking about what other people need or are going through is one of the most important life skills you can develop

[11:42] When you ask someone for anything, they are naturally going to be resistant

[14:47] We are emotional creatures, largely governed by our emotions

[26:20] You can change your own life and circumstances by working on your attitude

[29:56] The biggest impediment in people's lives is the inability to affect or influence the people around them

Website:

www.PowerSeductionAndWar.com

Direct download: CI_170_Robert_Greene.mp3
Category:general -- posted at: 5:24pm EDT

Jason Hartman talks with Jason Franciosa, CEO & co-founder of Element 26, about the time value of money. Both Jason's are concerned about inflation, and the two look at ways you can maintain your leverage so your returns can beat inflation, as well as how you can utilize your home loans to house hack (especially if you're in the military).

Key Takeaways:

[5:33] Jason's 6 ways governments can get out of debt

[8:05] The time value of money

[12:44] You have to have a way to maintain the leverage you have

[17:28] How you can utilize house hacking

Website:

www.Element26.co

Direct download: CI_169_Jason_Franciosa.mp3
Category:general -- posted at: 6:17pm EDT

Jason Hartman talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.

Key Takeaways:

[1:39] What's the status of Su's lawsuit against JP Morgan?

[9:22] How long can our country keep going like we are?

[11:27] What is Nobu Store?

[15:16] The history of Nobu's career

Websites:

www.Nobu.store

www.Twitter.com/Nobu__Su

Direct download: CI_168_Nobu_Su.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Rohit Talwar, founder of Fast Future Publishing and author of A Very Human Future, about what we can do about the large companies who seem to be in a winner take all society, how life and body hacking are going to change the world, and more.

Key Takeaways:

[2:54] What is value?

[9:57] The 4 views people have of companies like Facebook and Google

[13:33] 3 types of exponential thinking

[17:51] Rohit's example of pooled insurance

[22:35] What are we going to do with the people who are displaced by technology?

[25:40] Body hacking may give us advantages in areas that won't matter in the future due to automation

[27:04] What we need to change in order to have a more optimistic future

Website:

www.JasonHartman.com/Masters

www.FastFuture.com

Direct download: CI_167_Rohit_Talwar.mp3
Category:general -- posted at: 9:47am EDT

Jason Hartman talks with Edwin Kelly, founder & CEO of Specialized IRA Services, about some of the creative ways you can use your self-directed IRA to invest in non-stock market related assets. Edwin provides several case studies that show the power of self directing, as well as his "Triple D" process to help you on your way.

Key Takeaways:

[4:07] What is a Self Directed IRA and what kind of assets can you use them for?

[6:56] Some unique strategies people are using in their IRAs

[9:28] Borrowing against your solo 401k as a strategy

[14:57] The Triple D process of Self Directed investing

[16:47] The costs of using self directed funds

Website:

www.JasonHartman.com/Masters

www.SpecializedIRAServices.com

Direct download: CI_166_Edwin_Kelly.mp3
Category:general -- posted at: 9:48am EDT

Jason Hartman talks with Nick Vertucci, author of Seven Figure Decisions and founder of NV Real Estate Academy, about Nick's journey through the real estate world after his tenure in the tech industry. Nick spills the details of his change and why he switched from selling and flipping to educating. The two discuss the downsides of real estate, but also the incredible rewards that can come if you stick with it, make decisions and keep moving forward.

Key Takeaways:

[3:03] Nick's journey from selling and flipping real estate to the education side

[9:32] Nick's first realization that he was making 7 figure decisions, and what true leaders all have in common

[12:35] Real estate isn't perfect, and it isn't easy, but it can bless you significantly

[16:16] Whether it's full or part time, have the entreprenuerial spirit and go create wealth

[18:08] Decision making is one of the most important things a successful person has to have

Website:

www.JasonHartman.com/Masters

www.NVRealEstateAcademy.com

Seven Figure Decisions

Direct download: CI_165_Nick_Vertucci.mp3
Category:general -- posted at: 4:55pm EDT

Jason Hartman talks with Matt Taibbi, contributing editor at Rolling Stone and author of books such as Griftopia and The Divide, about bubbles. The two explore how Fed policy has been leading to bubbles throughout the years, how Wall Street is designed to take advantage of the average citizen and what we can learn from the history of bubbles.

Key Takeaways:

[3:04] There's a pretty decent path from Fed policy to bubbles

[7:34] How the Great Recession came into being

[12:10] Institutions have learned how to create a bubble to profit from, but then also be prepared to make money when their own bubble bursts

[16:17] As long as trades are occuring Wall Street is making money

[18:07] How investment bankers are auctioning off America's infrastructure

[22:47] What is the investor's lesson from the bubble machine?

Website:

www.Taibbi.SubStack.com

www.RollingStone.com

Direct download: CI_164_Matt_Taibbi.mp3
Category:general -- posted at: 3:36pm EDT

Jason Hartman talks with Keith McIntosh, President of McIntosh & Associates, LLC, about protesting your property taxes for your rental properties across the country. Keith explains the different ways you can protest your taxes, why the government big data doesn't get it right all the time, and more.

Key Takeaways:

[2:01] The property tax process & the 3 typical opportunities to dispute

[8:27] How does the process with Keith's company work?

[10:51] Why is Keith's "big data" different/better than the tax assessors?

[15:34] Is there a non-automated product available?

[17:51] How much people are usually able to save when protesting their taxes using Keith's data

[20:04] Protesting your taxes gives you a cumulative effect over the years

Website:

www.HomeTaxSavings.com

Direct download: CI_163_Keith_McIntosh.mp3
Category:general -- posted at: 4:15pm EDT

Jason Hartman talks with Steven Blue, author of Metamorphosis, about changing your business in today's economic environment. Steven explains what's happening in the Rust Belt, the impact tariffs are having, and the state of manufacturing in the United States.

Key Takeaways:

[2:06] What's going on in the Rust Belt?

[4:45] Even with even tariffs, the circumstances each country allows their companies to have makes trade unequal

[9:39] The mainstay of the US is still manufacturing, but it's eroding because of fat, happy CEOs

[16:40] Can the "Rust Belt businesses" play the same game as the high tech companies?

[19:30] A quick tip on company culture: have a Cirque du Soleil culture

[23:16] The new way of going to trade shows

Website:

www.JasonHartman.com/Masters

www.StevenLBlue.com

Direct download: CI_162_Steven_Blue.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with George Gilder, author of Wealth & Poverty, Knowledge & Power, The Israel Test, The Scandal of Money, Life After Google, as well as being an investor, writer, economist, and info-theorist, about his newest book, Life After Google. The two discuss how society is shifting when technology continues to change, as well as how blockchain is going to disrupt the entire thing anyway. George also addresses the entrepreneurial spirit in America and what to expect in the next 5-10 years

Key Takeaways:

[14:38] What is Google Marxism?

[19:22] Since many of Google's services are free, their learning may be slower than other companies

[21:32] Google's ultimate goal

[22:26] What will the future look like in 5-10 years with blockchain technology continuing

[26:02] The cryptocosm offers is a new architecture for the internet

[29:25] The entrepreneurial spirit is alive and well in China, more so than in the US

[34:49] What Life After Google offers

Website:

www.JasonHartman.com/Masters

George Gilder Books on Amazon

Direct download: CI_161_George_Gilder.mp3
Category:general -- posted at: 8:46pm EDT

In this 10th episode, Jason Hartman talks with Michael Guillen, Emmy Award Winner and author of The End of Life As We Know It, about some of the ethical dilemmas facing society today. Jason and Michael look at one particular case going on today involving chimeras and question whether this is something we SHOULD be doing. We always have to ask whether we're doing something because we CAN or because we SHOULD.

The two also look at the state of the surveillance state, the impact of AI and more.

Key Takeaways:

[3:40] There are some scientific tests being run today that we may want to rethink

[9:572] The inventor of the world wide web is now working on a second iteration because of what has become of his first version

[16:46] We need to really think about some of the things coming in technology, because we're starting to ask machines to make moral decisions

[20:39] The changing face of the surveillance state as the Internet of Things gets bigger and bigger

[22:44] Artificial Intelligence is the 4th industrial revolution and the first one to target people. Will it produce more jobs than it destroys?

Website:

www.MichaelGuillen.com

Direct download: CI_160_Michael_Guillen.mp3
Category:general -- posted at: 9:00pm EDT

Jason Hartman talks with Pat Donohoe, author of the new book Heads I Win, Tails You Lose, about the habit of most Americans to delegate their investing, what we should be doing today financially, the use of debt in our country and more.

Key Takeaways:

[2:09] The average American has delegated most of their life to 3rd parties

[5:21] The drive to save money now for the future and retirement is so that you can achieve freedom

[8:09] What should we be doing today for ourselves financially?

[13:00] Think of your employer like a customer, you want to keep them happy but you also want to maximize your revenue

[17:17] The entire country is based in debt

[20:00] The true narrative is to be smart with your money, not to get rid of debt

[26:28] Start to focus on the now rather than the mirage of the future, and start by taking the wool off your eyes when it comes to the banking system

Website:

www.HeadsOrTailsIWin.com

Direct download: CI_159_Pat_Donohoe.mp3
Category:general -- posted at: 3:16pm EDT

Jason Hartman talks with Venture Alliance member Mike Zlotnik about the new trend in real estate investing, which is "Opportunity Zones". The two discuss what they are, when they can be a good idea, how the funds work and some potential tax implications. The two implore the listener to vet your sponsor before investing, not invest just for tax purposes and aligning your interest.

Key Takeaways:

[3:30] Mike's thoughts on deals in opportunity zones

[6:37] How funds work when investing in Opportunity Zones

[10:48] How are fund managers being successful getting people to invest

[14:22] Some potential tax implications

[17:25] Don't make the deal just for tax benefits. The deal needs to make sense BEFORE the tax benefit

[21:55] Your fund manager needs to have some skin in the game

[26:48] It's important to understand what a quality sponsor is

[28:51] The 2 major layers to pooled money investments

[31:25] Alignment of interest

Websites:

www.JasonHartman.com/Masters

www.BigMikeFund.com

Direct download: CI_158_Mike_Zlotnik.mp3
Category:general -- posted at: 5:25pm EDT

Jason Hartman talks with Steven Landsburg, Professor of Economics at Rochester and author of Can You Outsmart an Economist, about the big economic questions of the day. Steven explains why central planning will never work, the "Economic Berlin Wall" Jason proposes, and why more sex is safer sex (and how that applies to economics).

Key Takeaways:

[6:08] It's virtually impossible for central planners to get economic issues right

[10:38] How minimum wage is taken care of by the Earned Income Tax Credit

[13:58] The "Economic Berlin Wall" in today's society

[23:39] Using economics when considering the world's population

Website:

www.TheBigQuestions.com

Direct download: CI_157_Steven_Landsburg.mp3
Category:general -- posted at: 10:07pm EDT

Jason Hartman talks with Paul Moore, author of The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing, about what demographics are telling the two of them about the next decade for landlords, as well as home ownership rates and the current habits of both baby boomers and millennials.

Key Takeaways:

[1:45] How the demographics for the next decade looks for landlords

[3:43] Where Jason believes home ownership rate should be

[5:59] The faster growing demographic of renters is the baby boomers

[8:58] Millennials are renting in large numbers, partially thanks to the portability society

[12:55] What investing really is and other investment philosophies

Website:

www.WellingsCapital.com

The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing

Direct download: CI_155_Paul_Moore.mp3
Category:general -- posted at: 6:06pm EDT

Jason Hartman talks with Mitch Stephen, author of My Life and 1,000 Houses, on Mitch's start in real estate, the importance of not having 100% occupancy, how to determine if your market is overbuilt, doing due diligence, and more.

Key Takeaways:

[2:38] Is self-storage overbuilt? How Mitch tries to minimize his competition

[8:05] Self-storage facilities can go up really quick, is it better to buy an existing or build a new one?

[12:45] Jason's revelation about commercial vs self-storage real estate back in 2010

[16:20] Why you never want to be full in any sector of real estate investing & what you should do if facilities in the area are full

[19:49] Some of the due diligence Mitch does when looking for a facility to buy

Website:

www.REInvestorSummit.com

Direct download: CI_154_Mitch_Stephen.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with Nely Galan, former president of Telemundo and author of Self-Made: Becoming Empowered, Self-Reliant and Rich In Every Way, about her journey up the corporate ladder and why she got in to investing in commercial properties. Nely took the dramatic step of leaving a solid, promising job in network TV to become employee #1 at a small startup called Telemundo. Nely explains how you can use your early jobs to prepare yourself for your own success and why sacrifice is necessary.

Key Takeaways:

[2:06] Make mistakes on other people's dime so you can succeed when you go out on your own

[7:08] Being employee #1 can be worth it

[8:47] Every job you do teaches you something that eventually leads to mastery

[11:52] Why Nely wrote Self Made

[15:54] You have to be willing to sacrifice something to get something better

Website:

www.BecomingSelfMade.com

Direct download: CI_153_Nely_Galan.mp3
Category:general -- posted at: 3:43pm EDT

Jason Hartman plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors.

Key Takeaways:

[2:57] The difference between money and currency

[5:50] The 3 basic economic maladies

[8:01] The entitlement society isn't going to change, so align your interests

[9:45] We must understand the motivations of governments and central banks

[11:43] The 6 ways the government can deal with the looming entitlement bill

[19:23] The most likely solution the government will choose

[23:02] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young

Website:

www.JasonHartman.com/Properties

Jason Hartman's Flash Briefing

The PropertyCast

Direct download: CI_152_6_Reasons.mp3
Category:general -- posted at: 9:25am EDT

Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone's trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current "winner take all" mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.

Key Takeaways:

[2:48] Where is all the startup money going?

[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population

[8:47] We're living in a "winner take all" type society right now

[11:18] The 3 options for what needs to happen to these big public companies

[15:04] You don't always have to look for the next big thing, sometimes you just have to look at what's going on right around your home town

[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property

Website:

www.VilCap.com

Direct download: CI_151_Ross_Baird.mp3
Category:general -- posted at: 11:00am EDT

In this 10th episode, Jason Hartman speaks with Dr. Gina Loudon, co-host of America Talks Live on NewsmaxTV, certified hypnotherapist, founding writer at Breitbart and official Trump campaign surrogate, spokesperson to Donald Trump's 2016 Presidential campaign and member of the President's 2020 Media Advisory Board. The two discuss the political divide that's present in today's society and whether it's worse now than it's been in the past. They also discuss the 3 types of people in the world and how President Trump is one of the most misunderstood people on the planet.

Key Takeaways:

[2:38] We frequently forget to look at the WHY all this division is going on

[5:39] Are we really divided more now or is it all just sensationalized?

[10:51] The USA is actually living in the most healthy, happy, prosperous and safest times in history

[15:34] The monologue media vs the dialogue media

[16:51] The 3 types of people in today's world

[20:51] Gina says President Trump is one of the kindest and loyal people she's ever met

Website:

www.DrGinaLoudon.com

Direct download: CI_150_Gina_Loudon.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.

Key Takeaways:

[2:07] What you see when you compare the 30 year mortgage rate to existing home sales

[6:29] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?

[8:04] What does the trade war mean for inflation?

Websites:

www.JasonHartman.com/Properties

Direct download: CI_149_Thomas_Young.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today's interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we're starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.

Key Takeaways:

[2:09] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace

[5:20] We've been spoiled by artificially low interest rates

[8:09] The inverse relationship between cap rates and prices

[12:45] A real life example of the impact of higher interest rates

[16:45] We live in a world where the Federal Reserve and the Treasury don't have to make sense

[22:00] Can the US government afford high interest rates?

[26:16] Why are rates going higher?

[29:15] How to prepare for higher rates

Website:

www.BigMikeFund.com

www.TempoFunding.com

www.JasonHartman.com/Properties

Direct download: CI_148_Mike_Zlotnik.mp3
Category:general -- posted at: 9:17am EDT

Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.

Key Takeaways:

[1:23] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency

[4:39] How the 1 year hedge is made possible

[8:54] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?

[12:26] What people forget about automation

[16:29] How do the logistics and hard drives of robots work?

[19:40] The plethora of information is making kids more risk averse

[23:21] The two things we get wrong when it comes to education

Website:

www.RainmakersGlobal.com

Direct download: CI_146_Ben_Way.mp3
Category:general -- posted at: 4:27pm EDT

Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment. They also discuss the lack of home inventory and why the loosening of credit regulations isn't going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live.

Key Takeaways:

[1:18] What's Matthew's take on what's going on in the macroeconomy

[4:06] What's going on with new home development? Will there be any break in inventory shortgage?

[8:19] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens

[11:54] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[14:39] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

[17:05] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory

[20:16] Factors that could trigger the next business cycle recession and what the next recession might look like

[24:34] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?

Website:

www.Windermere.com/Economics

Direct download: CI_145_Matthew_Gardner.mp3
Category:general -- posted at: 4:43pm EDT

Jason Hartman talks with 24 year old real estate investor Ben Mizes, co-founder of Clever Real Estate, about how he got started in the business, what lessons he's learned over his time in the industry, and what technologies he's using to keep up with all his properties. Ben also gives a few best practice tips to those who want to get involved in real estate like he is.

Key Takeaways:

[1:23] How Ben became interested in real estate

[5:23] Ben's deal experience as he started growing his portfolio, and why his 2nd deal may have been his most important

[9:34] Ben's thoughts on what's happening in the real estate industry as a whole

[13:10] Best practices when managing your own properties is to make sure you make your expectations very clear with your tenants

[17:45] If you don't do a good job with repairs it makes managing the building that much harder

[20:05] The two main technologies Ben is using for his real estate, and one hack Ben uses to allow his tenants to pay cash

Website:

www.ListWithClever.com

Direct download: CI_144_Ben_Mizes.mp3
Category:general -- posted at: 11:04am EDT

Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.

Key Takeaways:

[1:27] How the thesis of the 3 player game came about

[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy

[9:17] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened

[11:21] Wherever there's a market for assets there will be bubbles

[17:05] Why the digital revolution made Bill extend his book

[24:05] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution

Website:

www.BillJaneway.com

Direct download: CI_144_Bill_Janeways.mp3
Category:general -- posted at: 7:03pm EDT

Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[2:15] How Uber made John realizing something about the Fed

[5:59] The importance of the Fed is vastly overstated

[11:01] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[13:58] Demographic arguments regarding Japan don't hold a lot of weight with John

[17:44] Money flows to its highest use, regardless of the Fed

[22:13] Automation is going to lead into a surge in new kinds of jobs

[26:55] The demand for entertainment and service is going to explode

[28:44] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[30:24] John's thoughts on Universal Basic Income

Website:

www.RealClearMarkets.com

Direct download: CI_143_John_Tamny.mp3
Category:general -- posted at: 7:19am EDT

Jason Hartman talks with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down. The two also discuss the wide range of uses AVMs have, how they're going to be changing moving forward, and how short-term rentals are impacting housing markets across the country.

Key Takeaways:

[1:16] The biggest AVM people know about is Zillow

[2:18] The science (and accuracy) behind current AVMs

[5:11] 2 things that are stopping a database from happening that would significantly improve appraisals

[9:42] How does the AVM come up with a value?

[15:17] What the AVMs do outside of simply valuing individual homes

[17:38] The future of AVMs

[20:57] The effects of the short-term rental market on the overall housing market

Website:

www.GreenfieldAdvisors.com

www.AVMAnalytics.com

Direct download: CI_142_Andy_Krause.mp3
Category:general -- posted at: 4:27pm EDT

Jason Hartman talks with Natalia Karayaneva, founder of Propy, about how the blockchain can be used in real estate transactions. The main purpose of doing so is that it can drastically reduce closing costs, and potentially eliminate the need for title insurance in the future (if states allow it). Jason and Natalia look at the uses for Propy and how it can be used both in and outside of the United States.

Key Takeaways:

[1:30] How can the blockchain be used in the real estate world?

[8:26] Do countries outside the US needs this more than the US does?

[13:04] Propy is mostly going to be cutting down on closing costs

[14:12] How do you use Propy in real life?

[18:54] What's the future for Propy?

Website:

www.Propy.com

Direct download: CI_141_Natalia_Karayaneva.mp3
Category:general -- posted at: 12:00pm EDT

In this 10th episode, Jason Hartman talks with Dr. Robert Whaples, Professor and Chair in the Department of Economics, Wake Forest University and co-editor and managing editor of The Independent Review. The two discuss the current Pope's world view and the nature of the Catholic church today.

Key Takeaways:

[2:58] What is Pope Francis' world view?

[7:23] How the economy is connected to the environment in the Pope's world view

[13:02] Do we need environmental regulations and taxes?

[14:49] Have we just exported our pollution?

[20:05] Where does the Catholic church come in on the uneven playing fields of markets and oligarchies

Website:

www.Independent.org

Direct download: CI_140_Robert_Whaples.mp3
Category:general -- posted at: 9:51pm EDT

Jason Hartman talks with Hunter Thompson, Managing Principal at Cash Flow Connections, about his work in the self storage arena and what kind of opportunities are available there. Hunter gives listeners some tips on easy ways to drastically increase your properties worth, as well as some key metrics to look at when evaluating potential deals.

Key Takeaways:

[1:33] Hunter's back story that led him to be in the real estate market he's in

[5:29] Why invest in self storage?

[8:49] One of the key metrics you need to look at when considering a self storage facility

[13:31] The strategy an individual investor should have when it comes to getting in on a storage facility

[17:33] Some of the quick, easy (possibly even free) ways to raise the value of your self storage facility

[20:20] Self storage hasn't reached the point of complete automation

[23:52] How to find, vet, and underwrite a deal

[28:00] The financials you should look through when vetting a deal

Website:

www.CashFlowConnections.com

Direct download: CI_139_Hunter_Thompson.mp3
Category:general -- posted at: 3:20pm EDT

Jason Hartman talks with Dan Rutherford, deputy director for the Office of Customer Education and Outreach with the US Commodity Futures Trading Commission, about some incidences of fraud in options trading that his office is seeing, and what signs you can look for to make sure you're not scammed. The rise in prominence of cryptocurrencies has brought plenty of scam artists into the arena, and they're currently focusing education on binary options.

Key Takeaways:

[3:06] What kind of fraud is going on in options?

[7:15] The main things you should be watching out for to recognize a scam

[12:53] There's a whole lot more education on cryptocurrencies needed in the general public

[15:47] Some tips to avoid fraud and how to help out others who may be being taken advantage of

Website:

www.SmartCheck.gov

Direct download: CI_138_Dan_Rutherford.mp3
Category:general -- posted at: 4:58pm EDT