Creating Wealth Real Estate Investing - Archive Episodes 301-400

Dan Millman is the author of, “Way of the Peaceful Warrior: A Book That Changes Lives” and “The Creative Compass: Writing Your Way from Inspiration to Publication.” He’s also the former director of gymnastics at Stanford University and a former world champion athlete, martial arts instructor, and college professor. Key Takeaways: (1:34) Warren Buffet and Berkshire Hathaway vs. income property(8:00) A few words on Little Rock(9:14) Introducing Dan Millman(12:33) Comments on the success of Way of the Peaceful Warrior book(15:56) How can we live the lessons of the Peaceful Warrior in our lives?(18:27) On the concept of time as an illusion(20:51) The source of stress, anxiety, and worry(25:46) A few words about some of Dan Millman’s other books(27:20) In closing: six words that could change your life Links: Visit the Peaceful Warrior at www.peacefulwarrior.com. Bio: After an intensive, twenty-year spiritual quest, Dan’s teaching found its form as the Peaceful Warrior’s Way, expressed fully in his books and lectur

Introduction: Bill Cheney is the Chief Economist at John Hancock Financial Services. He joins the podcast do discuss how job growth was affected by the weather this past winter and if investors are feeling positive or negative about the stock market and economy. Cheney also talks about whether investors think it is a good time to: – buy a home– purchase a big-ticket item– start a business Cheney wraps up the conversation by providing data on Americans being concerned about healthcare costs and the national debt. Key Takeaways: (1:07) With Doug, discussing insights from recent conference(15:55) Discussing the current direction of the market(20:18) A quick word on the upcoming Little Rock property tour(21:52) A special message from Bill Clinton(22:28) Introducing Bill Cheney(22:36) Employment and the job market(28:45) On the current sentiment regarding the stock market, the economy, and housing(32:19) Remarks on the stock market(43:09) Closing comments Links: Visit John Hancock Financial at www.johnhancock.com.

Zac Bissonnette is the author of, “GOOD ADVICE FROM BAD PEOPLE: Selected Wisdom from Murderers, Stock Swindlers, and Lance Armstrong.” He previously wrote, “How to Be Richer, Smarter, and Better-Looking Than Your Parents”, and “Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents.” Bissonnette discusses why car loans are for suckers and why leasing a car is a poor choice. He then talks about the influence parents have on their kids’ decisions relating to financial management and the correlation between spending and watching television. Bissonnette finishes the discussion by analyzing some of the worst advice given in the modern day: “When you know what you are talking about, others will follow you, because it’s safe to follow you.” —Lehman Brothers CEO Richard Fuld, 2006 “Winning is about heart…. It’s got to be in the right place.” – Lance Armstrong “The day you take complete responsibility for yourself, the day you stop making any excuse, that’s

Rich Karlgaard is Publisher of Forbes magazine and columnist for Forbes’ “Innovation Rules.” He’s the author of, “The Soft Edge: Where Great Companies Find Lasting Success.” Karlgaard has been publisher at Forbes since 1998. He discusses how the business model of Forbes Magazine has evolved since the disruption of the Internet and digital media. Karlgaard explains what Forbes is doing to compete with the online players in business information, such as Agora Publishing and the Motley Fool. Karlgaard then talks about the pluses and minuses of hiring passionate people and how hiring managers can identify passion. He describes how destructive cynicism can be to a corporate culture and how companies can better incorporate trust. Key Takeaways: (1:14) Following up on previous podcast about inflation and 1984 cost of living(13:07) Reminder: Little Rock Creating Wealth Seminar and property tour(13:58) Introducing Rich Karlgaard(14:19) Rich Karlgaard discusses his latest book(27:45) On taking a career perspective when

Matthew Quirk is the author of the best-selling book, ”The 500″ and author of the new book on the Fed, “The Directive,” which centers on a conspiracy plot at the Federal Reserve. Quirk joins the podcast to break down how realistic this plot could be today. Quirk spent a year working with red team security experts, hackers, lock pickers, social engineers, and sources inside the Fed to map out what a true-to-life 21st century heist would look like at the most powerful bank in capitalism. He shares the loopholes within the Fed’s security system and gives his guesstimate on the best chance someone has in hacking the Fed. Key Takeaways: (0:50) Intro portion of the show(12:52) Looking at 1984(19:47) Upcoming Creating Wealth Seminar in Little Rock, Arkansas(27:27) Introducing Matthew Quirk(37:18) Discussion of social engineering(38:55) General thoughts on the role of the Fed(41:49) Security & The Fed(43:24) Closing comments Links: Find out more about Matthew Quirk at www.matthewquirk.com.

Jason Hartman talks with Alex about the most landlord friendly areas to invest, specific properties an excellent cash flow market with the following highlights: – #1 Place to Live in the United States (Cities under 1,000,000 in population), Kiplinger Magazine July 2013– Top Ten Smaller Markets in the South for Foreign Investment, Southern Business Development– No Real Estate Boom or Bust, thus earned recognition of 10 strongest Real Estate Market in 2009, Forbes.com– 2nd Most Diverse Economy, Moody’s Investors Service– 2nd Cleanest City in the U.S., Forbes Magazine, 2011– 22nd out of 361 metropolitan areas as best places for business, Forbes magazine, 2005– 7th best metropolitan economy in the United States, Brookings Institution, 2009 Little Rock Industry and Business – Major employers: State Government 2 Major Universities Twenty-eight (28) Fortune 500 companies Little Rock Air Force Base Healthcare (Very large job base from hospitals, insurance and manufacturing ) Dassault Falcon Jet Corp Verizon Caterpil

William D. Cohan is a columnist for Bloomberg View and Vanity Fair and author of the new book, “The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite, and the Corruption of Our Great Universities.” He previously authored, “The Last Tycoons: The Secret History of Lazard Frères & Co.” and “House of Cards: A Tale of Hubris and Wretched Excess on Wall Street.” Cohan characterizes the state of the American university system and talks about the elitist bad-boy attitude that plagues many campuses across the nation. So many people who fit the stereotype he describes end up on Wall Street. Key Takeaways: (2:05) Reminder: Little Rock property tour coming up(6:04) YouTube video on landlord-tenant laws in Arkansas(15:53) Introducing William D. Cohan(16:17) The connection between the Duke lacrosse scandal and Wall Street(18:02) Similarities between the American university system and corporate financial institutions(21:19) Discussion of college tuition prices(23:29) The elitist bad boy attitude that p

Apartments vs SFR & Trading vs Investing with Douglas J. Utberg Key Takeaways: (3:12) Patrick (producer of the show) talks about average prices and rent control in San Francisco(18:38) An example of a property in Little Rock, Arkansas(24:40) Airbnb in San Francisco(26:01) Introducing Doug Utberg(27:16) Discussing a recent article from John Burns Real Estate Consulting about single-family homes vs. apartments(36:29) The difficulties of managing an apartment building(38:03) Trading vs. investing(40:05) Trading vs. investing and the trade of the decade(45:14) Three rules of investing for value(48:08) Closing comments Links: Visit Doug’s website: http://DougUtberg.comConnect with Doug on Twitter: http://twitter.com/DougUtberg

Joel Naroff is the Founder, President & Chief Economist with Naroff Economic Advisors and a member of the Newsmax Financial Braintrust Alliance. He’s also the author of, “Big Picture Economics: How to Navigate the New Global Economy.” Naroff gives his take on the economic recovery and when he expects inflation to hit, if at all. He also discusses the effects tax cuts have on the economy. Naroff then talks about international economic hotspots and where people should produce and sell in our global economy. He thinks certain international events can ripple through the economy and ultimately affect workers in the Midwest. Key Takeaways: (2:27) Little Rock Creating Wealth in Today’s Economy Boot Camp and property tour, and other announcements(4:28) A special message from Bill Clinton(5:01) News about Zillow’s acquisition of Trulia(19:19) Introducing Joel Naroff(19:55) Are we in a real economic recovery?(22:26) Joel Naroff’s inflation forecast(25:17) A look at the globalization of the economy and the US’ impor

Vitaliy Katsenelson is the Chief Investment Officer at Investment Management Associates. He gives a glimpse at what has made Warren Buffett and Berkshire Hathaway so successful. Buffett has always voted yes to the investments he’s heavily invested in, even when disagreeing, which is a topic of much consternation to Katsenelson. He thinks Buffett mishandled Coke’s latest compensation plan.Katsenelson then discusses ways investors can take a long-term view in their investing. Katsenelson then discusses ways investors can take a long-term view in their investing. Key Takeaways: (1:51) Discussing a few news items with Sarah before today’s guest interview(10:30) Debriefing about the last Creating Wealth Seminar(13:20) Earl Nightingale: We become what we think about(16:45) Discussing one property in Little Rock(29:08) Introducing Vitaliy Katsenelson(29:30) A general overview of the investment markets and the economy(31:53) On what has made Warren Buffet and Berkshire Hathaway so successful(37:28) How has Buffet cha

Eve Wright is the Vice President and Associate General Counsel for The HEAT Group (Miami Heat basketball team). She is the author of, “LIFE AT THE SPEED OF PASSION: Create a Life of Intention, Purpose, and Integrity.” Wright joins the show to discuss how people can cut the emotional “fat” from their lives and refine themselves everyday. She also explains what it really means to be happy. Wright then talks about how people can take calculated risks and re-learn risk-taking to achieve ROI. She thinks everyone can overcome their fears of failure. Key Takeaways: (1:18) Median housing prices in San Francisco(5:27) What $1 million will buy you around the world(18:20) A few words on the upcoming Little Rock property tour(19:25) Introducing Eve Wright(20:02) The inspiration behind the book Life at the Speed of Passion(21:00) Tools and techniques for achieving success(21:50) Cutting the emotional fat out of your life(26:13) How to refine oneself every day & some podcast recommendations(29:02) What does it mean to

Join Jason Hartman and his mom on this episode of The Creating Wealth Show as they discuss their long road trip through several markets including Cleveland, Cincinnati, Columbus, Nashville, Birmingham and Dallas. You’ll learn about the “minimalist management” philosophy in creating bulletproof rental properties that require very little maintenance and a good overview of several markets. Also, a big thank you to all of the doctors in the audience who provided advice and support relating to my mothers carotid artery surgery. She’s doing well in the Cleveland Clinic provided a top-notch medical experience. Visit www.JasonHartman.com to view properties in these markets and to register for our Little Rock Property Tour and Creating Wealth Bootcamp in late September. Happy investing! Key Takeaways: (1:40) Brief update about Jason’s Mom’s post-surgery health & the Cleveland Clinic(5:54) How to handle late rent for long distance self-managed properties(11:55) How to handle long-distance evictions without a proper

Introduction: John Lawrence Allen is a securities litigation attorney helping investors recover funds lost through investment fraud or incompetence. He’s a former Los Angeles Deputy District Attorney and author of the new book, “Make Wall Street Pay You Back.”  Allen talks about the dirty tricks Wall Street plays and how average people can protect themselves from Wall Street. Allen also gives some tips for investors before they invest a large sum of money with an advisor or hedge fund. He also shares how financial advisors can mitigate their risk of fraud.   Key Takeaways & Time Stamps: (2:20) John Lawrence Allen: background and history of latest book (3:06) How Wall Street and the investment landscape have changed over the last 20 years (4:06) On the arbitration process (7:34) On the laws not being in favor of the consumer (11:34) A brief message from Bill Clinton (12:13) Causes of action: fraud, incompetence, etc. (17:00) The extraordinarily high commissions on life insurance sales (19:11) How does the

Robert Kiyosaki is the acclaimed author of Rich Dad Poor Dad. The Rich Dad Company has made Rich Dad Scams: 8 Financial Scams Disguised as Wisdomavailable for free eBook download, so Kiyosaki talks in detail about scams everyone needs to understand. Kiyosaki discusses the fundamental challenges with the traditional school system and how corporate America kills the entrepreneurial genius of many bright workers. Kiyosaki then answers how much money one should save in his or her bank account. Robert Kiyosaki is a fourth-generation Japanese-American who grew up in Hawaii. He joined the Marine Corps after graduating from college in New York, and went to Vietnam as an officer and helicopter gunship pilot. After the war, Robert went to work for the Xerox Corporation and in 1977 started a company that brought the first nylon Velcro surfer wallets to market. Feeling that he had something important to teach, Robert founded a new company in 1985 to teach business and investing to tens of thousands of students throughout

Jason Hartman welcomes constitutional law specialist, Bruce Fein (pronounced “fine”), to episode #386 of The Creating Wealth Show. Fein has been officially involved in matters of personal freedom and liberty as far back as the early 1970s when he drafted the articles of impeachment that eventually drove “Tricky Dick” Nixon from the White House. During the Reagan years, Fein served as general counsel to the FCC and was instrumental in getting rid of the Fairness Doctrine. This was a good thing. We’ll tell you more about it later. In addition to writing numerous articles on constitutional issues for The Washington Times, Slate.com, The New York Times, Legal Times, Mr. Fein has written such books as American Empire: Before the Fall, and Constitutional Peril: The Life and Death Struggle for Our constitution and Democracy. Fein worked for the American Enterprise Institute, and the Heritage Foundation, both conservative think tanks as an analyst and commentator. Additionally, he is a principal in a government affai

Besides cranking out a steady stream of both fiction and non-fiction books, Jason Hartman’s guest for episode #385 of The Creating Wealth Show, Ray Bourhis, is a partner with the law firm of Bourhis & Wolfson in San Francisco, California, specializing in insurance bad-faith litigation. A graduate of Boalt Hall at the University of California, Berkeley, Bourhis has been a court-appointed Special Master overseeing reforms in the California Department of Insurance and was appointed by U.S. Senator Barbara Boxer to her Federal Judicial Selection Advisory Committee. Jason and Mr. Bourhis kick off the show with a discussion about the horrific reality of the ERISA Preemption Rule, which relates to workplace disability insurance. The bottom line is that you have no recourse to sue the insurance company if they decide to deny your claim on a capricious or fraudulent basis. You might think you can sue, and certainly you can, but through the fact that there is no controlling federal law on the topic, and state laws

In 1991, the Soviet Union blew apart at the seams when Soviet president Mikhail Gorbachev resigned and handed over the nuclear missile launching codes to Boris Yeltsin, president of Russia, the largest republic. No one knew what would happen next. It was an exciting and scary time to for an American to visit, but that is just what Phaedra Fisher decided to do a few years later, in 1994. Jason Hartman welcomes Ms. Fisher, author of Vodka Diplomacy, to the microphone of The Creating Wealth Show to discuss her time spent in the aftermath of the fall of the Soviet Union. With degrees in Russian and economics, recent graduates like Fisher were in great demand as this former superpower tried to figure out how economic reform would play out after nearly a century of communism. Could these economies that had never experienced even a whiff of capitalism survive privatization and inflation? From the back cover of the paperback edition: “Every generation of university graduates believes they are going to change the wor

Teeka Tiwari is Editor of “Mega Trends” at the Palm Beach Letter. He recently made a prediction for an event that will likely be 1.4 times bigger than the events of 07-08. He joins the show to explain in what way it will be bigger than the crash of 08? Tiwari discusses what his “red flag” list is and shares some of names from it. Teeka Tiwari epitomizes the American Dream. He came to the United States from England at sixteen with just $150 in his pocket and the clothes on his back. By eighteen, Teeka had become the youngest employee at Lehman Brothers. Two years later, he shattered convention by becoming the youngest Vice President in the history of Shearson Lehman. By the time he was 23 Teeka had made and lost a million dollars. At 27, he was a millionaire several times over. In June 2005, Teeka co-founded Tycoon Publishing and created the trading service, Point & Profit. The service made his wealth-building acumen available to the average individual investor for the first time. Since then, Teeka has bee

If you thought economics was boring, think again. At the heart of wars, land grabs, politics, history, and almost any sort of human interaction lies economics. Remember – economics is about money, and money, depending upon your perspective, either makes the world go ‘round or is the root of all evil. Either way, Jason Hartman’s interview of master economist, Martin Armstrong, for episode #382 of The Creating Wealth Show makes for scintillating listening. First, some background. Martin Armstrong is the former chairman of Princeton Economics International Ltd. He is best known for his economic predictions based on the Economic Confidence Model, which he developed. In September 1999, Armstrong faced prosecution by the Securities and Exchange Commission and the Commodity Futures Trading Commission for fraud. During the trial, Armstrong was imprisoned for over seven years for civil contempt of court, one of the longest-running cases of civil contempt in American legal history. In August 2006, Armstrong pleaded gui

Meet The Masters is a once a year event hosted by Jason Hartman. Over the course of two days, there are speakers that discuss the local markets, real estate taxes, and finance. In this episode, we are playing a segment from the lender panel. You will hear from our three preferred lenders about getting loans in today’s real estate market.