The Commercial Investing Show

Mark Moss explains how to protect your purchasing power from the next economic crash and explains the convergence of political, technological, and economic cycles.

Key Takeaways:

[1:04] Leaving California for Puerto Rico

[3:08] Geography is less meaningful than ever before

[5:28] Historical cycles that repeat

[7:17] Types of cycles

[12:07] The swing back to decentralization

[17:24] Technology leads to deflation

[20:52] Monetary policy inflation vs technology deflation

[24:01] What will happen and what should we do?

[26:03] Central bank digital currencies

[29:20] All value is subjective

[31:50] US was founded to be decentralized

[33:10] Retaining purchasing power

[36:05] The importance of cash flow

[37:07] Weimar Republic residents thought they were rich

[38:37] Why the Paris Accord is a bad deal

[41:33] Consider living outside the US


Mark's YouTube Channel


Paul Moore, founder and managing partner of Wellings Capital, steps in for Jason Hartman today to talk about self storage and why it’s so popular right now. Self storage has done remarkably well through the pandemic and Paul will take you through the underlying fundamentals that drive self storage and why it captures inflation better than any other real estate asset class.

Key Takeaways:

0:45 What’s driving the boom in self storage?

2:22 Four Ds of self storage: death, downsizing, dislocation, divorce

4:32 Self storage facilities in the United States

4:57 The value formula in commercial real estate deals and value adds

6:59 Self storage is recession resistant

8:35 Self storage is an inflation capturer

10:08 Dynamic pricing and ancillary income

11:50 Additional value adds: boat and RV storage, truck leasing 

14:19 Flexible lease terms lead to easy evictions

14:30 Institutional investors are running after self storage right now



Paul Moore’s Latest Book:

Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage


Self storage captures inflation better than any other real estate asset class. Paul Moore

Self storage is recession-resistant. Paul Moore


Direct download: 298_CI_Paul_Moore_Self-Storage_-_Why_is_it_so_popular_right_now_v1.mp3
Category:general -- posted at: 3:19pm EDT

George Gammon Speaking at Empowered Investor LIVE


Join us for Empowered Investor LIVE:

Free Mini-Book on Pandemic Investing:

Jason’s TV Clips: 

Asset Protection, Tax Savings & Estate Planning: 

Jason Hartman discusses our current inflation situation, how we might get out of it, and gives a real life example of how Inflation Induced Debt Destruction helped tens of millions of people get deals that were better than they could ever have imagined when they signed their mortgages. He also gives an in-depth look into the new Hartman Comparison Index.

Key Takeaways:

[3:45] What will this recent government irresponsibility lead to?

[8:20] Jason's solutions for our current monetary situation

[11:50] To understand inflation you have to distinguish between nominal and real

[16:30] A real life example of the power of income properties

[20:12] The best way to value properties

[23:00] How to tell if you're in a linear market

[25:55] Reviewing the HCI

[32:18] Mortgage payments today are cheaper


Direct download: CI_297_Avengers.mp3
Category:general -- posted at: 12:00pm EDT

We have gone from an Everything Bubble to an Everything Shortage. The problem this time around is, there's nothing our central bank can do to handle a supply shortage causing prices to rise.

Jason Hartman examines the issues currently facing the housing market, and how it's going to impact it not just today, but in the months and years to come. How are you going to protect yourself from the coming inflation and looming shortages?

Key Takeaways:

[2:03] Self-liquidating debt is a beautiful thing that we can use in income property

[6:09] Even concrete is in demand because of a short supply of SAND

[11:00] The "just in time delivery" can't withstand any disruptions

[15:37] Technology creates the ability for a level of control over us that's never been seen before

[17:34] Surging inflation is hitting the US now

[22:23] The Federal Reserve doesn't have the monetary toolkit to deal with supply side inflation


Direct download: CI_296_Construction_Crisis.mp3
Category:general -- posted at: 12:00pm EDT

Can your existing real estate investment bring you an extra 30k+ a year? It might if it can accomodate a cell phone tower. Jason Hartman is joined by Hugh Odom, cell tower consultant at Vertical Consultants, to discuss how investors can take advantage of the demand for towers.

Key Takeaways:

[1:37] How much demand is there for more cell phone towers?

[3:58] How you maximize revenue with your lease structures

[6:49] What kind of money can you actually make from cell phone towers?

[10:08] The 2 things you need to keep in mind when negotiating a lease with a cell phone company


Direct download: CI_295_Odom.mp3
Category:general -- posted at: 10:22pm EDT

Matt and Jason Hartman join forces again on the Epic Real Estate Investing podcast, but this time to discuss debt, inflation, and housing supply.


Direct download: CI_294_MattTheriault.mp3
Category:general -- posted at: 6:05pm EDT

It's been a long time since Jason Hartman has done a listener question episode, so he and Adam sit down and get to some of the questions that have come in.

Listen in as the two explore how to attack coming inflation, why banks give out loans, the future of housing prices, and more.

Key Takeaways:

[2:37] Listener Question from Terry about profiting from inflation if you can't get an investment property

[10:21] Listener Question from CluverBusy about why banks give mortgages if it's so advantageous to the borrower

[15:58] Listener Question from Rich Jarsky: what's the best market to buy income properties in?

[24:10] Listener Question from Peter: What about when you can't get a fixed rate mortgage

[25:21] Listener Question from Ju Liu: Will we ever see housing prices go down?


Direct download: CI_293_ListenerQs.mp3
Category:general -- posted at: 12:00pm EDT

Tax sales are what Julia Spencer refers to as the "wild west of real estate". Listen in as she tells Jason Hartman why that is. Julia explains why tax sales are so appealing, some of her success stories, things to watch for in the industry, and how you can get involved.

Julia and Jason also dive into the current real estate market. The two look at how Covid has changed the renter dynamics, especially in the short-term rental world.

Key Takeaways:

[4:01] The basics of tax sales

[8:49] One of the draws of the industry is the low cost of entry

[12:52] There's a learning curve with tax deed investing but it can be done in a couple months

[17:26] Julia's thought's on the current real estate market

[19:58] It's gotten a lot easier to find good tenants in this environment

[23:58] Short term rental tenants have changed in the Covid world


Direct download: CI_292_JuliaSpencer.mp3
Category:general -- posted at: 11:36pm EDT

Covid put a scare into many landlords, but single family residences ended up doing quite well in many parts of the country. The southeast in particular did really well. Chay Lapin, President at Kay Properties & Investments, joins Jason Hartman to discuss how they were able to have 96+% rent collection, and how his company is able to use Delaware Statutory Trusts (DST) to help protect investors in their syndications and 1031 exchanges.

Key Takeaways:

[1:17] Real estate in the southeast has been great throughout the pandemic

[5:41] Sean's typical deal size and investor profile

[7:19] Some of the benefits of a DST

[11:20] Where is the rental market going?


Direct download: CI_291_ChayLapin.mp3
Category:general -- posted at: 7:36pm EDT

Jason Hartman talks with Ken Honda, author of Happy Money, The Japanese Art of Making Peace with Your Money, to discuss why giving is so powerful, the importance of money, and more.

Key Takeaways:

[3:59] What does it mean to not be at peace with your money

[8:40] Money is just a number and an idea

[12:41] Ken's money container philosophy

[16:53] What you appreciate, appreciates

[21:56] What you can do to invite more happy money into your life


Direct download: CI_290_Honda.mp3
Category:general -- posted at: 10:28am EDT

Investment Counselor Adam talks with one of the network's lenders about what rates are available for investors, what's been driving the slowly rising rates, whether it's worth it to pay points on your loan, and more.

Key Takeaways:

[1:08] Rates are higher than they were 4 months ago, but where are they historically?

[6:32] What will happen to rates if the 7% limit is removed?

[8:21] Today's mortgage rates for a 200,000 property

[11:04] What breakeven is considered good for paying points on your loan?

[13:23] Does it make sense to put 15% down?


Direct download: CI_289_MayMortgage.mp3
Category:general -- posted at: 12:00pm EDT

Interest rates have increased since the start of the year, a lot of commodities that go into building a house have increased in price since the beginning of the year, so what's an investor to do?

Jason Hartman and Adam touch on these topics and also finish up their question and answer session with the live stream audience.


Direct download: CI_288_Rates2.mp3
Category:general -- posted at: 12:00pm EDT

This housing market has a lot of investors scared that we are at dangerous levels. But the fundamentals are in place for not just the current situation but for a continuous boom.

Jason Hartman and Adam look at the housing market today, whether it can be slowed down by rising rates, why the lumber prices are soaring, and answer listener questions.


Direct download: CI_287_RisingRates1.mp3
Category:general -- posted at: 10:08am EDT

There are many different ways to invest your money. What's the difference between things like REITs and simply purchasing a single family rental? Both of them are, technically, investing in real estate, but only one of them gives you a multi-dimensional asset that you can control.

Jason Hartman dives into the two investments to see the pros and cons of each.


Direct download: CI_286_REITsvDirect.mp3
Category:general -- posted at: 10:29pm EDT

Jason Hartman talks with Paul Moore about what's going on in the world of self-storage. The pandemic has made the market boom and there's a lot of opportunity out there to add value and really increase the return you get from the property.

Listen in as Paul gives tips to maximize value in both self-storage and mobile home parks, as well as what asset class he's most bullish on for the next century.

Key Takeaways:

[2:16] The opportunities for self-storage in a pandemic/post-pandemic world

[8:34] For the next 100 years Paul loves apartments, but for the next 5-10 years, self-storage is tops

[11:57] Value adds available in self-storage facilities

[17:30] How do you find self-storage deals?

[22:13] Mobile home parks are the only asset class Paul knows that has increasing demand and decreasing supply every year


Direct download: CI_285_Paul_Moore.mp3
Category:general -- posted at: 5:36pm EDT

Jason Hartman talks with Jarrett Gross about 3D printed homes. How close to reality are they? Can you really get them for $10,000? Will it completely disrupt the housing market?

The two look at the issues hampering the adoption of the technology, how far off the solutions to those may be, how the technology will impact the overall real estate landscape and more.

Key Takeaways:

[3:09] The $10,000 printed home is a myth

[9:30] What do 3D printed homes mean to the real estate industry?

[13:13] Google search trends for 3D printing have held a sustained spike recently

[16:22] One Colorado company is making 3D printed mud huts that are surprisingly strong and surprisingly cheap

[23:05] Many builders tent their build to better the quality

[28:56] 3D printing could be important to building in space

[33:26] How far off are commercially viable homes?

[36:46] There are 2 components to every real estate deal


Direct download: CI_284_Jarrett_Gross.mp3
Category:general -- posted at: 12:00pm EDT

Wealth is created with compound interest, making your dollar work for you. Dan Amerman talks with Jason Hartman about understanding, The Homeowner Wealth Formula. Dan says, “one way at looking at the mortgage is that it’s a short against the dollar.” The primary question; is your home an investment? 

Books: The Homeowner Wealth Formula

Key Takeaways:

Daniel Amerman

[1:30] Is your home an investment or an expense? 

[3:30] How can we better understand these home price indices? 

[7:10] The results of the exhaustive research are incredibly positive. Find out more. 

[9:20] “One way at looking at the mortgage is that it’s a short against the dollar.” -Amerman

[14:00] The number one historically proven method for creating wealth over the centuries is compound interest. How does this relate to inflation? 

[21:00] A lot of government programs are “shell games.”

[24:00] We do expect a wealth transfer from boomers to up and coming generations. 


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


Direct download: CI_283_Dan_Amerman.mp3
Category:general -- posted at: 12:00pm EDT

You don’t need a booming housing industry to make money, just a good strategy. Ken poses the question, when the dust settles, which businesses will still be standing, and where will the concentration of people be? Jason Hartman predicts a strain on the housing supply in the not-so-distant future as he postulates that few will be incentivized to get rid of a home loan with such historically low-interest rates. 

Key Takeaways:

[2:00] How much has life changed in the recent 10, 20 years? 

[3:30] The tech companies are likely to be broken up. 

[5:00] You can make money in any environment if you adjust your strategy. 

[10:00] Ken’s tips on how to find deals and evaluate them.

[16:40] Definite move from retail to housing. 

[22:00] There is obvious truth of an asset shortage - as in bidding against 45 other buyers. 

[31:10] City/State revenue comes from Taxpayers. There is a potential for cities to file bankruptcy. 

[37:45] The bubble ‘should’ve popped’ already, but ‘they’ can keep kicking the can down the road. 

[41:25] “I still think there is going to be a crash; it’s just being propped up with money which is going to create inflation.” -McElroy

[43:20] Jason predicts a future strain on housing supply because of so many home purchases with historically the lowest interest rates ever. 



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

Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?

Saif continues discussing the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation?

Key Takeaways:

Saifadean Ammous, author of The Bitcoin Standard

[1:00] Money has three basic functions of money:

[3:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?

[8:00] Why would the government let Bitcoin exist?

[17:00] Have you been bitten by the Bitcoin bug? 

[17:25] Could the government make Bitcoin illegal?

[29:45] Is there a distinction between time preference and the time value of money, aka inflation? 

[31:45] Saifedean’s wife sells the chair he’s sitting on out from underneath him. 

[32:10] Art on the gold standard, will it stand the test of time?

[41:20] “A lot of people prefer to laugh than to think.” -Saifedean on Hedonism


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


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

Robert Rosenthal, Co-President for the Foundation for Inner Peace, joins Jason Hartman today for this tenth episode special. Rosenthal shares his understanding of the ego and how one might interact with it, or believe in interacting with it. He also shares life-changing concepts about forgiveness. Rosenthal also authored, From Never-Mind to Ever-Mind.

Key Takeaways:

[3:20] A Course In Miracles, and we aren't talking about religion here.

[5:30] A course to know yourself.

[8:45] To some extent, we are all seeking security.

[11:14] "There's no such thing as a bucket list in A Course In Miracles."

[18:30] In understanding ego, ex: we never confuse ourselves with our playing piece in a game of monopoly.

[23:00] The ego is intent on its pseudo survival; it's not real, but it thinks it's real, and it needs to convince you that it's real.

[31:30] How and who do we forgive? Do we forgive Hitler?

[33:00] We want to be willing to forgive everything, even if we aren't ready.

[40:00] There is nothing anywhere else ever; the body is a limit.


Direct download: CI_280_A_Course_In_Miracles.mp3
Category:general -- posted at: 12:00pm EDT

Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network.

Key Takeaways:

[1:15] Owns a scaffolding business is quite similar to owning a short term rental company. 

[2:10] Triple net leases simply mean that all expenses pass through to the tenant. 

[3:30] Originally inspired by Rich Dad, Poor Dad.  

[7:00] Triple net vs. individual residential real estate. 

[11:20] Anyone with a decent paying job can get past the 16k barrier to entry. 

[14:00] Income property is the most tax-favored asset in America because you can depreciate it. 

[20:30] With a 1031-exchange, you don't need to do the recapture when you sell a home. 

[25:00] Because of the Green New Deal, the cost to develop your average apartment complex is going to go up. 


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


Direct download: CI_279_Chad_Hewitt.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Jim Richards, author of The New Great Depression. Jim shares his discoveries about the lockdown, the stock market's influence, and asset bubbles vs. asset inflation. 

Jim Rickard's Book: The New Great Depression

Key Takeaways:

[3:20] You cannot understand The New Great Depression without looking into the pandemic. 

[4:00] "What I discovered was that the scientists don't agree with each other."

[10:25] Have the lockdowns killed more people than they have saved?

[16:00] The stock market no longer bears any relation to the real economy. 

[20:00] Did the lockdown cause a pent up demand?

[24:00] Asset bubbles or asset inflation?

[25:35] What causes inflation? 

[28:45] Your Keynesian multiplier works up to a debt to GDP ratio of about 90%.

[33:20] Why buy gold and silver if you're not afraid of inflation?

[36:25] Bitcoin, will it ever have a chance of being a global currency or taking over the dollar?

[44:00] Millions of people are migrating out of major cities; where are they going?


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


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

Investment Counselor Adam talks to one of the lenders in the Jason Hartman network about what's going on with interest rates these days. People are locking rates below 3.5% on properties $100,000 and up! With rates being at a historic low, what is the timeline on closing a deal?


Direct download: CI_Mortgage_Update_With_Adam_2021_Jan.mp3
Category:general -- posted at: 12:00pm EDT

New Year, New Goals, Same proven asset class! Jason Hartman invites you to celebrate with him another fantastic year of prosperity for all real estate investors practicing some of Hartman’s proven investment techniques. Following the celebration, we must look for the “what next” plan or goal. How do you build your goals? Do you write them down? Do you create realistically achievable goals? 


Key Takeaways:

[1:30] Let’s celebrate our prosperous year of 2020 and look forward to another great one to follow. 

[5:00] The Hartman Stimulus Payment CONTEST

[8:45] Be a self-sufficient person.

[10:00] 80% of Americans do not have goals, and even fewer have written them down. 

[10:40 New Years’ Resolutions are so cliche. 

[12:15] A goal should be just out of reach but not out of sight. 

[15:20] The Winner of the 5-Year Plan Video Contest

[15:40] Winner, Michelle, laid out how she and her family intend to achieve their income property goals. 

[21:20] It’s the kind of person we become just by trying. 

[22:00] SMART Goals

[23:00] Smartsheet from

[26:50] Balance out your portfolio. 


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


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

Bob Pinnegar, CAE, is the President and Chief Executive Officer of the National Apartment Association (NAA), the leading voice and premier resource for the rental housing industry. Jason Hartman interview Bob Pinnegar to discuss real eviction numbers and the possible expansion of Section-8. How have construction costs made it impossible to build new starter homes? How will the US residential and commercial picture change? Will it merge? Or will it move away from all norms? 

Key Takeaways:

[2:25] Have there been evictions, have there been non-payment issues? 

[7:00] Will we see an expansion of Section-8, or a newer rental assistance program, or possibly UBI?

[11:00] 70 Billion in unpaid rent is expected, but what is the standard for unpaid rent?

[13:30] The construction costs make housing affordability impossible to build. 

[16:30] Our refusal to deal with housing problems has caused a change in urban communities. 

[19:00] Will major urban areas continue to have mass appeal? 

[20:00] Shopping malls have been redesigned into a lifestyle center?

[21:20] Rental housing will still be largely in demand. 


Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)


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