Jason Hartman Foundation

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 Modifica

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.co

Jason Hartman speaks with returning guest and author of the book, “Heads I Win Tails You Lose,” Patrick Donohoe. The conversation touches on topics of an ever changing world culture that continues to reshape how we approach wealth, the freedom to do, and in what we find meaning. Despite some of the chaos and cultural decay, the 2020’s are going to bring some excitement to the world. Key Takeaways: [20:40] It’s not freedom from having to do something, it’s freedom to do something. [22:07] The order of magnitude: an interesting time in history where we are going to see massive change.  [24:00] The rising 3 billion, that aren’t online yet: If you think that society has benefited from sharing knowledge, you’re right.  [26:38] There will always be winners and losers [28:40] The Ritz Carlton Slogan discussion “Systemize the predictable so you can humanize the exceptional.” [32:27] People are still trying to find meaning in other things.  [33:16] A little bit of struggle is good for the human spirit Websites: www.Ja

Almost speechless, Jason Hartman discusses financial strategy along with best/worst-case scenarios in dealing with the Coronavirus. The economy of planet Earth is possibly facing a global hibernation, how long will it last, and how will we recover?  In today’s second segment, Jason speaks with guest Drew Baker, about self-management tips and applications to ease some of the hassles. Drew speaks about his experiences with the value of quality tenants.  Key Takeaways: [2:51] The economy of planet Earth is going into hibernation mode [4:08] “Buy on fear, sell on greed.” -Warren Buffet [6:28] How do you recover from a couple of months sliced out of an annual GDP? [8:15] Exploring best/worst-case hypotheticals [12:05] Supply/demand shock [14:00] Inflation Induced Debt Destruction profits to come [17:30] Drew Baker [18:43] Buildium vs Property Tracker [23:00] A better quality tenant can make for an easier self-management experience, a lower quality tenant makes the property manager a little more needed [27:00] A gr

Jason is joined with investment counselor Carrie to discuss some more current properties. Take a mini-tour with Carrie in York, Pennsylvania, or listen up for this auditory property tour through Alabama, Georgia, and Indiana.  In the second segment today, Jason discusses the hybrid approach to property management, prompted by a Voxer message from client Bruce. As well, Jason speaks on three basic economic maladies; inflation, deflation, and stagnation. This drives the show to our final topic of Jimmy Carter and Malthusian thinking.  Key Takeaways: [1:20] Atlanta, Georgia area property only 9 miles from the Hartsfield-Jackson Airport [4:30] Port city, Mobile, Alabama property offers low property taxes [7:00] Property Tour with Carrie in York, Pennsylvania [9:00] The latest empowered investor, Bruce, taking the hybrid approach [11:40] Firing your property manager, self-managing or the hybrid approach. Not all bad or mysterious [13:30] The three basic economic maladies; inflation, deflation, and stagnation [18:4

Super-Monday, the youngest Creating Wealth listener and a letter about money from the late great Kobe Bryant. Today, investment counselor, Naresh returns with questions for Jason about a few investment properties in “The Vegas of the South,” and Citrus Springs Florida. Jason elaborates on the recurring real estate investment theme of “Refi ‘till you Die.” And finally, the importance of understanding ROA (Return On Amortization). Key Takeaways: [4:28] A Fourplex, new home construction deal! [7:05] Tunica Resorts property, the Vegas of the South [8:32] 32% return on invest IS a conservative number in a multidimensional asset class [8:50] How To Analyze an Asset Class, Free Video – JasonHartman.com [9:45] Advice on money, from a letter that Kobe Bryant wrote [15:30] “Refi ‘till you Die” plan [16:20] ROA return on amortization [26:50] Citrus Springs, Florida Website: www.JasonHartman.com Mamba Mentality: The Mindset That Made Kobe Bryant a Master

Thou shalt diversify. The continuation of our discussion on due diligence. Jason and Adam present tips on investigating the areas in which you own property. Use tools like google street view to take a tour of the surrounding areas to understand the influences for value and rent. Adam shares a real life scenario on a property in Merrillville, Indiana. Find out what questions you should ask before investing in a property. Key Takeaways: [3:00] Thou shalt diversify. Diversity into three to five markets. [5:55] Use google street view to understand the areas that surround your investment. [8:30] Check with local property management companies to confirm rent estimates. [11:15] Put the system to work with a real life evaluation of a current property. [14:10] The institutional apartments do a really good job of squeezing the rent out. We should be demanding more for our properties. Websites: www.JasonHartman.com/Properties

Do the Due! Do your due diligence. Jason Hartman speaks with investment counselor Adam Schroeder about key aspects of income property investing including; checking home prices with Zillow and contacting the Tax Assessor. The two give insight on working with lenders and the importance of home inspection and re-inspection. Key Takeaways: [4:00] Where to find pricing: MLS, Zillow and Tax Assessor [9:10] Pictures can be insanely misleading. Sometimes, it’s not even the same house. [14:25] A quick call to the country tax assessor can give you a ballpark estimate on taxes for an investment property. [19:35] Lender deals can change due to dynamics of reevaluations. [24:00] The licensing laws vary from state to state, check the requirements for you state Websites: www.JasonHartman.com/Properties

Investment counselor Adam Schroeder talks with one of the lenders in the network to discuss what mortgage rates investors should be expecting. Website: www.JasonHartman.com/Properties

Super-Monday, the youngest Creating Wealth listener and a letter about money from the late great Kobe Bryant. Today, investment counselor, Naresh returns with questions for Jason about a few investment properties in “The Vegas of the South,” and Citrus Springs Florida. Jason embellishes on the recurring real estate investment theme of “Refi ‘till you Die.” And finally, the importance of understanding ROA (Return On Amortization). Key Takeaways: [4:28] A Fourplex, new home construction deal! [7:05] Tunica Resorts property, the Vegas of the South [8:32] 32% return on invest IS a conservative number in a multidimensional asset class [8:50] How To Analyze an Asset Class, Free Video - JasonHartman.com [9:45] Advice on money, from a letter that Kobe Bryant wrote [15:30] “Refi ‘till you Die” plan [16:20] ROA return on amortization [26:50] Citrus Springs Florida Website: www.JasonHartman.com The Mindset That Made Kobe Bryant A Master

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

Today's episode is Jason Hartman exploring Commandment #3: Thou Shalt Maintain Control a lot deeper. Maintaining control in real estate deals has been discussed quite a bit before, but it's not just real estate where control matters. Jason explores the collapse of Enron and why it was such a surprise and why Commandment #3 is crucial even in those scenarios. Key Takeaways: [3:10] Airbnb hasn't been through a recession yet, so there's a lot that isn't priced in to the market [7:12] The 3 major problems when you give up control in an investment [13:01] The Infographics Show: The Business Deception That Cost $60 Billion [16:06] The phrase "financial innovation" is a red flag when you hear it [22:13] Most companies don't have people inside to pump the brakes, because everyone is incentivized to speak highly and show it in the best possible light [24:33] Derivatives are the thing about the thing, but as an investor you want to be as close to the "thing" as possible Website: www.JasonHartman.com/Ask Jason Hartman Q

Jason Hartman talks with 32 year old Ryan Narus about his journey buying mobile home parks the last few years. Jason and Ryan discuss how to source deals, how to build communities, and finding investors to help you buy properties if you don't have the funds. Key Takeaways: [1:15] What led to Ryan starting to invest in real estate [4:33] How mobile home parks line up with Ryan's life views and desires [8:26] Evicting tenants who live in your mobile home vs their own mobile home [13:00] How to find and analyze mobile park deals [16:22] How Ryan values mobile home parks [19:44] Keep track of everyone you ever meet in this business, it's all about relations Website: www.ArchimedesGrp.com www.JasonHartman.com

Jason Hartman talks with Thomas Jones, former vice chairman and director of TIAA-CREF, former Chairman and Chief Executive Officer of Global Investment Management at Citigroup, and former Chairman and Chief Executive Officer of Citigroup Asset Management. He was also the former Vice Chairman of Federal Reserve Bank of New York. Jason and Thomas discuss Thomas' entrance into real estate, why Thomas is so bullish on America long term, and what sets America apart from the rest of the world. Key Takeaways: [2:31] Thomas and his bride actually started by bidding on 2 burned out buildings in Boston [7:49] Thomas is perennially bullish long term, so dips in the economy are buying opportunities for him [10:02] The changes on Wall Street over the years [14:11] The most disappointing aspect to the reforms that have been made since the Great Recession [19:19] One of the things that really sets America apart is the excited entrepreneurial spirit [23:35] America faced a metaphorical crossroads in the late 1960s [26:25] Ou

Jason Hartman talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race. Key Takeaways: [4:24] What does Daniel mean when he tells people not to save for retirement??? [8:38] Beware financial advisers, there's more education required to be a hair stylist [13:21] Millennials should embrace the freelance economy [17:40] Daniel is seeing boom time for the next year Website: www.FutureMoneyTrends.com/Save

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: [1:37] What problem is Rent the Backyard addressing? [6:31] Rent the Backyard is able to create a second dwelling on the property without getting the land rezoned [11:07] The stigma behind manufactured housing needs to go away, but it also needs to get cheaper [14:39] The income side of Rent the Backyard's business model Website: www.RentTheBackyard.com

In today's off-topic 10th episode, Jason Hartman talks with Walter E Williams, Professor of Economics at George Mason University and author of American Contempt for Liberty, about what is going on in our society today. America has become a country of people who hate liberty and want to take from others to give to themselves or others who they deem need it more. There seems to be an unwillingness to accept that people earn more than others and thinking that the government needs to step in and play a role. Walter explains to Jason how we can solve our problems by telling the government to get out of the way more than telling them to help. Key Takeaways: [1:28] Do United States citizens really have contempt for liberty? [7:23] Has the Trump administration turned the tide at all? [10:45] Is a wealth tax fair? [15:33] Politicians are doing exactly what we elect them to do [20:47] The only way we're going to solve our nation's problems Website: www.WalterEWilliams.com

Jason Hartman talks with Jeff Fromm, the Millennial Marketing Guy, about the differences between Gen Y and Gen Z. While the two generations are close in age, they are incredibly different when it comes to advertising, so it's crucial that you know the difference in the two. Jeff explains how those differences will impact society at large and certain industries specifically. Key Takeaways: [3:16] Gen Z are NOT Millennials to the 2nd degree. They're more like Gen X [6:48] Some of the big differences between Gen Y and Gen Z [15:22] Gen Z and Y both like to be involved with companies that support their causes, but there are some differences [19:30] Will the Millennials and Gen Zers have interest in the McMansions that were built? Website: www.JeffFromm.com

Jason Hartman talks with Patri Friedman, Executive Director of The Seasteading Institute, about creating new countries using the seasteading technique. Patri discusses how the concept would work in today's environment and why it's not absurd to think of a country being created on the water. It's coming sooner than you expect. Key Takeaways: [1:44] What is seasteading? [6:37] Why not just buy land from a country rather than doing everything out at sea? [10:36] Patri's goal is seeing governments competing for citizens by treating them best [14:13] How do you deal with security when you're in the middle of the ocean? [18:34] What are these seasteads going to do for currency? Website: www.Seasteading.org www.Twitter.com/Patrissimo

Jason Hartman talks with Gabriel Weinberg, founder of DuckDuckGo and author of Traction: How Any Startup Can Achieve Customer Growth and Super Thinking: The Big Book of Mental Models, about how you can use some of the mental models to help you achieve the returns you desire. They also touch on the problem of achieving privacy in today's world and how DuckDuckGo helps in that. Key Takeaways: [1:45] What is Super Thinking? [6:17] The Mental Model of Forcing Function [10:08] The model fo Deliberate Practice [14:58] Beware of Hindsight Bias [18:46] To really get outsized returns you need to make a bet on the future Website: www.SuperThinking.com www.Twitter.com/Yegg