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

Key Takeaways

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

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

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

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

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

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

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

Mentioned in this episode

http://cabanillaslaw.com/

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

Key Takeaways:

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

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

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

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

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

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

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

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

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

Mentioned In This Episode:

Coinbase.com

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

Key Takeaways:

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

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

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

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

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

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

15:45 – Is a Roth IRA a good idea? 

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

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

Mentioned In This Episode:

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

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

http://taxfoundation.org/

https://twitter.com/ashleaebeling

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

Key Takeaways

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

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

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

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

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

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

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

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

Key Takeaways:

02.05 – Jason introduces Mark Meckler.

04.00 – The Tea Party was founded in 2009.

06.03 – Why is the Tea Party hated so much?

18.10 – What is an amendment convention? Mark explains.

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

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

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

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

Mentioned In this Episode:

http://www.conventionofstates.com/

The Liberty Amendments by Mark Levin.

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

Key Takeaways:

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

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

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

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

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

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

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

Mentioned In This Episode:

JasonHartman.com

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

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