Creating Wealth Real Estate Investing - Archive Episodes 201-300

Jason Hartman starts this episode with an update on and new fixed-rate mortgage financing program for IRA investors and foreign nationals. In addition, you’ll hear about a change the RSS feed for this podcast in hopes that the change will be seamless and you won’t even notice it; however, you know how technology goes sometimes. You’ll get an overview of a few properties, a few thoughts on the greater Atlanta, Georgia real estate market and an update on Jason’s “Meet The Masters of Income Property Investing” event slated for October at The Hyatt Regency in Irvine, California visit: http://www.jasonhartman.com/meet-the-masters-of-income-property-investing/ for complete details. The main focus of this episode of The Creating Wealth Show will be: Defending Against The Demons of Investing. The world of investing involves many considerations. Chief among these are the two “Demons” of investing that must both be defeated in order to realize success. The first demon is risk, and the second is inflation. Risk comes fr

Join Jason Hartman and coauthor of Aftershock, Robert Wiedemer as they discuss the fundamental underlying problems of printing money, the inevitable results, and how investors can still profit as the world heads toward yet another global economic crisis.  Robert talks about the effects of the government bubble and the dollar bubble, when we can expect these to pop once again, and how these events will affect our government and the world.  Mr. Wiedemer is a Managing Director at Absolute Investment Management and co-wrote the landmark book that predicted the current downturn in the economy in 2006, America’s Bubble Economy, published by John Wiley.  As Paul Farrell, Senior Investment Columnist at Dow Jones MarketWatch recently said, “In short, America’s Bubble Economy’s prediction, though ignored, was accurate.”  Kiplinger’s chose it as one of the best business books of 2006. His following book, Aftershock, was published by John Wiley in November 2009.  It was chosen by Smart Money magazine as one of the five b

Jason Hartman talks with Daniel Amerman about the likely results of the recent multi-trillion dollar increase in the debt limit. Dan is a Chartered Financial Analyst with MBA and BSBA degrees in finance. He is a financial author and speaker with over 25 years of professional experience.   Years of studying the costs of paying for over $100 trillion of US government retirement promises, as well as the costs of cashing out an expected $44 trillion of Boomer pensions and retirement accounts, have convinced him that too many promises and too much paper wealth chasing too few real resources will likely lead to substantial inflation in the years ahead, with potentially devastating implications for many savers and investors.  A problem that will also apply to many other nations. Mr. Amerman spent much of the 1980s as an investment banker helping Savings & Loans and others try to survive the effects of the last major bout of inflation in the United States.  There is a basic economics principle that much of the pu

1. Become Educated (Educate Yourself On Key Investment Principles) “Self-education is, I firmly believe, the only kind of education there is,” said author and scientist Isaac Asimov. Knowledge – the possession of information – is quite possibly the most powerful tool on the planet. And nowhere is this more true than in the world of real estate investing. It is not about college degrees or special certificates – ultimately, becoming a successful investor requires due diligence on a personal level so that you may become your own best advisor, without relying on anyone else (including professional consultants) to explain core investment concepts to you. Responsible investing is a choice – a choice that every investor can make!   2. Seek Guidance (Retain A Professional Investment Counselor) Professional advisors are invaluable when it comes time to make a final decision. While self-education is a necessary cornerstone for responsible investment, understanding the ins and outs of any given real estate market is ne

Jason Hartman talks with James Anderson, managing director of GoldSilver.com, about the historical cycles of gold and silver and other precious metals, against the monetary cycles. As the world’s fiat currencies continue to be debased through inflation, regulation, and irresponsible spending, precious metals investing is on the rise. But do you physically own your gold? Join Jason and James as they revisit the history of market cycles, talk about where the future of precious metals is heading, and discuss why people must take physical ownership of gold and silver. Surely, many of you have seen and heard the ads, “We Buy Gold.” What do these gold buyers know that the public doesn’t? James explains why you should NOT sell your gold or gold jewelry now. After his first exposure to Austrian Economics at the Loyola University New Orleans with his favorite business professor, Dr. Walter Block, James Anderson received his BA in Finance in 2002. He spent two years traveling and working throughout Latin America where

Join Jason Hartman as he talks with guest, Steve H. Murdock, former Census Bureau Director and current Professor of Sociology at Rice University in Texas, about the demographic shift taking place in the U.S. today .  The face of Texas has been shifting dramatically, not just from immigration, but in-migration and natural increase.  Steve argues that the Texas of today is the U.S. of tomorrow.  Steve and Jason discuss the changes in population, as well as the factors influencing these changes, and the potential effect of this current demographic shift throughout our country. Steve H. Murdock is the Allyn R. and Gladys M. Cline Professor of Sociology at Rice University. He previously served as Director of the U.S. Bureau of the Census having been nominated for the position by President Bush and unanimously confirmed by the U.S. Senate in 2007 and serving until the change in administration in January of 2009. Prior to his appointment at Rice, he was the Lutcher Brown Distinguished Chair in Demography and Organiz

Jason Hartman starts off with a recap of his Phoenix Distressed Property Tour last weekend, then a quick rant about crooked banks, Wall Street scams and how to get a loan modification or short sale approved with the help of a Q.W.R. Qualified Written Request Letter, a new product at: http://jasonhartman.com/loan-modification-short-sale-q-w-r-letter/. After this, Jason welcomes Doug Ottersberg for a discussion on mobile home park investing. In 1994, Doug and Ana Ottersberg made a decision that changed their financial future forever… After investing a small amount of time and money to learn about real estate investing and then taking action with what they learned, this newly married couple discovered a tremendous “Cash Flow Creator,” and soon watched their personal net worth quickly grow from below zero to well into the millions. Since then they have become experts at helping others achieve financial independence using the very same virtually recession proof investment. Doug and Ana Ottersberg are dedicated mak

Jason Hartman profiles 30 investment markets nationwide. What does the future hold? The unique characteristic of our market forecast is that we go beyond the traditional method of forecasting appreciation only to profile the income property return on investment for each market area. There are three basic components to return on investment with income properties.  The first is value appreciation.  The second element is leverage, since most real estate assets are purchased with financing.  The third element is cash flow, which represents the impact of rent revenue, management fees, taxes, insurance, maintenance, and other costs associated with owning and renting an income property.  One of the key inputs into our return on investment model is the mortgage payment.  Since income properties are not owner occupied, they typically involve higher interest rates than traditional mortgages.  Our models assume a 6.6% interest rate in 2011 to build the return on investment estimates.  Other key elements in the return on

Investors with the foresight to recognize prime “Buy!” opportunities should be poised to quickly take advantage of this bottomed-out market. Conditions are perfect to generate historical profits for someone in the near future and we hope it’s you. Consider this your engraved invitation to join Jason Hartman and The Platinum Team at The Ritz Carlton in Scottsdale, Arizona, for an educational, fun-filled, profitable tour (if you choose to buy) of distressed area properties via a luxury motor-coach we like to call the Foreclosure Bus. The weekend starts on Friday with dinner in the lap of desert opulence at the ultra-swanky five-star accommodations of The Ritz Carlton in the Biltmore area. Saturday morning kicks off with an educational briefing, after which we board a luxury tour bus for an up-close and personal look at the area’s most exceptional bank-owned, REO, distressed, and foreclosure properties. Then it’s back to The Ritz’s private banquet room for a debriefing on exactly how you can profit from the deal

As is customary on every 10th episode, Jason Hartman, your host, takes on a non-financial topic as he talks with Dr. Geoffrey Simmons, a physician who is Board-certified in Internal Medicine and Disaster Medicine. He has a B.S. in Zoology and has completed the course work for a Masters degree in Microbiology. As a Fellow with the Discovery Institute Center for Science and Culture, he has studied the theory of evolution for over forty years. For thirty of those years he was an ardent supporter of Darwinian ideas. Now, however, the data supporting this theory scientifically untenable. As of this date, his seventh book, What Darwin Didn’t Know, is in its sixth printing and his eighth book, Billions of Missing Links, is in its second printing. Both books show how the incredible complexity of the human body and all other living beings cannot have come about through evolution. Some reviews: “A well-researched and open-minded analyses.” — Stephen Meyer, PhD, Dir. of the Center for Science and Culture, Discovery Inst

Jason Hartman talks with Platinum’s Local Market Specialist about investment opportunities in the 9th largest metro area in the USA.  You’ll hear Jason’s prediction for ROI in Atlanta and a good market overview. Atlanta, GA: 25.2% Return on Investment (2011) Atlanta represents an investment gem in the southeastern United States.  It has spectacular economics from a development and employment perspective that make it a tremendous opportunity for income property investors.  With a wide diversity of employers, many universities, and a vibrant cultural presence in the city, Atlanta has attracted a tremendous amount of in-migration from young professionals seeking employment opportunities.  Since many of these young professionals choose to rent, the Atlanta market has very healthy rents relative to values.  Currently, approximately 31% of listings in Atlanta are from foreclosures.Atlanta’s experience during the real estate bubble and financial crisis has been somewhat unique.  Prices in Atlanta started from a much

On this episode of the Creating Wealth Show, Jason Hartman talks with author and editor, Janet Portman, about becoming a landlord. Whether or not you call yourself a “landlord,” when you rent out a house, you’ll want to do it right! Ninety percent of small properties are owned by individual landlords, and millions in this group are balancing their landlord responsibilities with their daytime careers. Tune in as Jason and Janet discuss everything from landlord business basics and finding good tenants, to complying with applicable rental laws and dealing with problem tenants.  Janet Portman, author, attorney, and nationally recognized specialist in landlord/tenant law, is managing editor at Nolo, the nation’s recognized leader in providing legal information for consumers and small businesses. Portman oversees editorial work on all Nolo books and software. She is the author or co-author of Every Landlord’s Legal Guide, Every Tenant’s Legal Guide, and LeaseWriter Plus software, plus six other books, all published

Jason and Doug have a meandering discussion on the tragedy in Japan, life insurance, declining home ownership rates creating 6,000,000+ new renters in the next six years, Confessions of a Portfolio Hitman, interest rate predictions and much more. Most people are associated with one or two people whom they would consider to be “high-maintenance” or demanding of your time and attention. These people are the ones who call to ask why you haven’t commented on their Facebook post. Sometimes this type of person is referred to as a “diva” or a “drama queen.” For some reason, these folks seem to seek out dramatic encounters that draw attention to themselves. In contrast to this, most of us know people who are “low- maintenance” or perfectly content to do their own things. These people are frequently engaged with what is happening, but exhibit a much lower propensity to become “crazy makers” who create drama for no other reason than attracting attention to themselves. In light of this, consider that the way you earn th

Jason Hartman presents a followup to show #205 with some additional information on “The Big D” – that’s Dallas Texas, including a forecast for 2011 and a market overview. Dallas experienced a series of moderate appreciation followed by a gradual contraction that has resulted in much less price volatility than has been experienced by other market areas.  The area is expected to hit the bottom of its mild contraction in 2011 and then resume a course of modest appreciation.  Dallas has a very strong business community, and a large population of renters.  This results in a much slower rate of value appreciation, and a large supply of potential tenants. Currently, approximately 40% of listings in Dallas are from foreclosures. The primary strength of Dallas as an investment market is the strong cash flows that it generates. By building your investment on top of rents that are sufficiently large to pay for the expenses and mortgage on the investment, it will give you the power to hold strong until market conditions

Jason Hartman talks with one of his Local Market Specialists from Dallas about ultra-low 5% down on brand new income properties. David has been a professional real estate investor since 2000 with investment holdings and development projects have included single family homes, apartments, office, retail, hospitality, and winery and companies that have held real estate interests in California, Texas, and Mexico. With a solutions-oriented, entrepreneurial spirit is best characterized as pragmatic enthusiasm. He is skilled in communicating complex financial matters in simple yet meaningfully direct ways. David has a gift for finding creative financial solutions. Starting with an assessment of an investor’s or asset’s strengths to find ways to leverage those strengths to maximize profit while minimizing investment risk. David has extensive experience creating private placement syndications, investment partnerships, and providing investor relations services. As a real estate syndicator, David has raised and/or manag

We’re putting enough real estate and business brainpower in one room to make Donald Trump flinch. Enjoy this content-rich sampler of “Meet The Masters” our twice annual powerhouse educational event that can revolutionize how you think about money and wealth. Will you be any closer to financial freedom in one year? Listen in and it can make all the difference if you simply have the courage to take action on your dream. The reality is you can fire your boss and live life on your own terms sooner than you think. Wall Street Investing Does NOT Lead to Financial Freedom. The following information might surprise you: Income producing properties are history’s most proven wealth creator. Making money in real estate is NOT just for big spenders. There are investments out there which require very little cash up front, yet have the potential for exciting returns. The vast majority of wealthy people made their fortune investing in income property. Why do anything else? Learn every skill you’ll need for success: analysis

Jason Hartman talks with Robert Frank, author of The Winner Take all Society, The Economic Naturalist: In Search of Solutions to Everyday Enigmas; Falling Behind: How Rising Inequality Harms the Middle Class and many more!  In ‘The Winner-Take-All Society’, Bob Frank discussed the fact that more and more of current economy and other institutions are moving toward a state where very few winners take very much, while the rest are left with little. Part of it is attributed to the modern structure of markets and technology. This view can be seen as a call for serious changes in policy, because the well-being of the average citizen is by most accounts the main goal of social and economic policy. Robert H. Frank is the Henrietta Johnson Louis Professor of Management and a Professor of Economics at Cornell University’s S.C. Johnson Graduate School of Management. He is a monthly contributor to the “Economic Scene” column in The New York Times.

Jason Hartman talks with “Meet The Masters” speaker, author, attorney, Mark Kohler. Mark received his Bachelors of Accounting degree and his Masters of Taxation Degree from the University of Utah. He graduated from Willamette University Law School. He is licensed CPA in Oregon, Utah and Arizona and is member of the Utah Bar and practicing attorney. Mark has not only pursued education, but the valuable experience of owning a number of businesses in order to specialize in the complex areas of business, estate and tax planning. Additionally, Mark has worked for the accounting firm KPMG Peat Marwick in Portland, Oregon, clerked for the Oregon Tax Court, and a member or partner of three law firms before establishing Kyler Kohler Ostermiller & Sorensen, LLP. Mark also published his first book in 2007, and is a well known national speaker in the areas of business, estate and tax planning.