Accredited Income Property Investment Specialist (AIPIS)

Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.

Key Takeaways:

[3:36] The 30,000 foot overview of the GOP Tax Reform

[5:31] Will this tax reform create a repatriation of wealth back to the US?

[9:22] The move that mobilized the GOP forces toward tax reform

[11:19] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals

[13:29] The standard deducation has been increased, which should increase the number of simple 1040s being filed

[16:30] The single largest revenue raiser in the entire bill

[18:42] The change in mortgage interest deductions could cause a dampening in the high end real estate market

[21:12] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul

[23:03] Pass-through businesses are getting a 20% deduction

[30:02] The accelerated bonus depreciation is enormous for real estate investors

[33:34] Changes to the 1031 Exchange rule

[37:37] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques

[39:26] 529 plans (education plans for children) can now be used to pay for private schools

[40:00] Some tax changes that were EXPECTED but didn't end up happening

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Contest

www.IndigoSpire.com

Direct download: AIPIS_215_Ryan_Schellhous.mp3
Category:general -- posted at: 8:07pm EDT

Jason Hartman interviews Rich Dad Advisor Ken McElroy, who will be speaking at this year's Meet the Masters of Income Property in La Jolla. Ken tells Jason some of the most common mistakes he sees real estate investors make, why you can't just buy real estate any time you like, and some tips on how to do property management the right way.

They also discuss why the American idea of home ownership may be a massive myth, and two critical pieces to your investment success.

Key Takeaways:

[4:44] The two common mistakes Ken sees in real estate investors

[6:47] Real estate is cyclical, so you can't just buy all the time throughout your career

[9:09] Ken's real estate business model

[10:48] Some tips on how to do property management right

[13:29] C class properties look good on paper, but in the long run, better quality properties bring better quality tenants

[20:16] It's important to treat all your residents as your customers

[21:42] Is the idea of home ownership a myth?

[23:55] Population growth and migration are two things critical to investment success

[27:14] The state of the states

Website:

www.JasonHartman.com/Masters

www.MCCompanies.com

Direct download: AIPIS_214_Ken_McElroy.mp3
Category:general -- posted at: 10:45am EDT

We've all heard about crowdfunding sites like GoFundMe, KickStarter, and IndieGoGo. Now, however, there's crowdfunding for real estate deals, and AlphaFlow is one of the leaders in the industry.

Jason Hartman talks with Ray Sturm, co-founder and CEO of AlphaFlow, about how it all works, what kinds of deals AlphaFlow is interested in, and why some deals just don't work.

Key Takeaways:

[2:44] What AlphaFlow is and how it works

[4:43] The regulations AlphaFlow has to follow

[7:28] In real estate crowdfunding you have to commit early

[11:32] Why AlphaFlow sticks with residential real estate

[14:43] The interest rates that borrowers are paying and how the loan breakdown works

[17:18] AlphaFlow stays away from refinancing deals

Websites:

www.AlphaFlow.com

Direct download: AIPIS_213_Ray_Sturm.mp3
Category:general -- posted at: 12:00pm EDT

Vinney Chopra came into the United States with $7 in his pockets, and a work ethic to take him far in life. From selling encyclopedias door to door for 80 hours a week to now buying $25+ million apartment complexes, Vinney hasn't let anything stand in his way.

Listen in as Vinney tells Jason Hartman the story of his immigration, and how his investment career has unfolded.

Key Takeaways:

[1:40] Vinney's immigration story

[4:31] Vinney first started earning his money by selling encyclopedias door to door

[8:18] The first home Vinney bought, and when he got into the rental property business

[11:53] Transitioning from single family homes to multifamily

[15:03] There are things you can do with multifamily investments that don't make sense for single family

[19:22] Portability has become the new norm for residents of apartments and single family homes

Website:

www.MultiFamilySyndicationAcademy.com

www.VinneyChopra.com

Direct download: AIPIS_212_Vinney_Chopra.mp3
Category:general -- posted at: 1:14pm EDT

Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.

Key Takeaways:

[2:33] Compound interest can be a powerful tool against inflation.

[8:15] Engineers take an analytical approach to investing.

[10:25] After 18 years, $100,000 grow to 14 million.

[17:46] Jason explains a Deferred Sales Trust.

[21:42] If you are on the fence about investing talk with an investment counselor.

[32:36] Asset Protection is a complicated subject you should speak with a lawyer about.

[42:01] Resources for tax help.

Website:

www.JasonHartman.com/Properties

Meet the Masters of Income Property 2018

www.RealEstateTools.com

Compound Interest Calculator

"Opportunity cost is a cost most people don’t evaluate."

"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."

Direct download: AIPIS_211_Clay_Slocum.mp3
Category:general -- posted at: 9:00am EDT

For this 10th Episode, Jason Hartman talks with author Dan Millman about his new book The Hidden School and his best-seller The Peaceful Warrior.

The two discuss Dan's spiritual search, the difference in Eastern and Western cultures, the difference between selfish and Selfish, and other philosophical questions.

Key Takeaways:

[2:42] How Dan's new book fits in with his original book The Peaceful Warrior

[6:46] The importance of travel

[11:35] The power of media

[15:50] It's important to think of the more existential questions in life

[21:18] How understanding and understanding that we're all connected helps us

Website:

www.PeacefulWarrior.com

Direct download: AIPIS_210_Dan_Millman.mp3
Category:general -- posted at: 12:59am EDT

Tyler Sheff, host of the Cash Flow Guys podcast, invited Jason Hartman on his show to discuss the different market types in the USA, and got some tips on remote managing as well. Jason explains that the stigma behind buying homes sight unseen, as well as self managing properties a thousand miles away, has abated some due to the wonders of technology.

Key Takeaways:

[2:12] What Jason learned when he owned properties in 11 states

[7:08] Whether Tampa is a linear, hybrid, or cyclical market

[11:34] Our brains relation to the number 3 and how it relates to Jason's diversification strategy

[16:13] Jason's experience of beginning to self manage his remote properties

[18:46] When tenants are connected directly rather than through a property manager they tend to take care of more things themselves

[23:48] The need for standardized data when evaluating properties

Website:

Meet the Masters 2018

www.RealEstateTools.com

www.CashFlowGuys.com

Direct download: AIPIS_209_Tyler_Sheff.mp3
Category:general -- posted at: 12:47pm EDT

Jason Hartman welcomes Economist Mike Norman to the show to discuss Modern Monetary Theory or MMT. Mike shares examples of common misconceptions people have of the US monetary system and economy, such as the US debt clock, that inflation equals growth, and how the tax system works. He believes that the US has an unlimited supply of capital and balancing the budget or functioning as a fixed monetary system would accomplish the opposite of what is needed to create growth.

Key Takeaways:

[1:10] Modern Monetary Theory (MMT) explains the value of money.

[4:09] A tax system is required to create demand for money.

[9:01] A fixed monetary system creates cycles of economic depressions and recessions.

[11:23] The US national debt is a summation of what is owned by the US and its constituents.

[18:55] A dollar must be created and pumped into the economy before it can be used to pay a tax debt.

[21:16] The US has an unlimited amount of new capital.

[26:43] There is a difference between inflation and growth.

Website:

Mike Norman on YouTube

Direct download: AIPIS_208_Mike_Norman.mp3
Category:general -- posted at: 8:00am EDT

Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents. And if you are looking for additional properties, be sure to get pre-approved for financing before the Oklahoma Property Tour and JHU Live event.

Key Takeaways:

[03:56] What does the spike in interest rates mean for investors?

[10:10] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.

[14:20] Local Market Specialists and Investment Counselors are always working in the client’s best interest.

[23:44] It’s important to get pre-approved for financing in today’s seller’s market.

[25:13] Jason hints about the location for the next Venture Alliance Mastermind.

Website:

www.JasonHartman.com/Properties

Grant's Interest Rate Observer

www.VentureAllianceMastermind.com

"The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."

Direct download: AIPIS_207_Interest_Rates.mp3
Category:general -- posted at: 8:00am EDT

Clients in the sports and entertainment world have the same issues as those in the regular world, but they also have a few extra needs and difficulties. Because of this, you have to go about acquiring their business a little different than normal. Kofi Nartey, National Director of the Compass Sports & Entertainment Division and author of Sellebrity: How to Build a Successful Sports & Entertainment Based Business, talks with Jason Hartman about ways you can break into the industry.

Kofi has some marketing tips that can keep you from spending a ton of money to meet celebrities, as well as some good advice on how to act when you get your meeting.

Key Takeaways:

[2:36] What's different about sports and celebrity clientele needs?

[6:45] How do you convey your ideas to celebrities before you start working with them to convince them you understand their needs?

[10:42] Some ways to test the marketing waters of working with the elite without bankrupting yourself

[12:46] How to stand out when you get a chance to meet with potential celebrity clients

Website:

www.Kofi.LA

Sellebrity: How to Build a Successful Sports & Entertainment Based Business

"You cannot be awestruck. Part of servicing sports & entertainment clientele is that you have to be a safe haven for them"

Direct download: AIPIS_206_Kofi_Nartey.mp3
Category:general -- posted at: 11:10am EDT

Jason Hartman welcomes Gary back to the show to review current news articles which impact income property investors. Does an excess of tower cranes in an area tell a tale of a future bubble? Can you afford the rent in a large US city and still have a savings account? How does the sharing economy can make life better for consumers? And later in the show, Jason and Gary answer listener questions and Gary describes how to use a life insurance policy to make a down payment on your next income property.

Key Takeaways:

[01:01] Jason and Gary review an article about how a tower crane can indicate a real estate bubble.

[08:23] The Income Needed to Pay Rent in the Largest U.S. Cities by Derek Miller.

[10:35] Bloomberg’s article, What a London Cabbie Taught Me About Uber.

[12:30] The New Human Rights Movement by Peter Joseph doesn’t look at the whole picture.

[17:07] Jason and Gary answer Derek’s question about appreciation submitted during the Airpods raffle.

[26:25] Gary explains how to borrow money from your own insurance policy to buy income properties or make necessary repairs.

Website:

www.JasonHartman.com/Properties

www.PropertyTracker.com

www.BeYourBank.com

Venture Alliance Mastermind

Direct download: AIPIS_205_Gary_Pinkerton.mp3
Category:general -- posted at: 9:57pm EDT

This week’s episode was recorded in Helsinki, Finland. Jason studies the economies of all the countries he visits and believes traveling to be an important educational experience. He shares an article which supports his long-held opinion that the rental market in the US is growing by way of demographics and rising home prices.

Key Takeaways:

[03:29] Jason encourages us to become an engaged student of life.

[07:13] The power of having a robust vocabulary.

[13:16] How to sign up for the Property Tracker Affiliate Program.

[15:59] Win an Amazon Echo for submitting your questions and comments.

[18:27] Jason reviews an article about the cost of rising home prices and what it means to rents.

[22:29] Jason has taken on the plight of the middle class.

Website:

www.JasonHartman.com/Resources

2018 Meet the Masters Event

www.VentureAllianceMastermind.com

Direct download: AIPIS_204_Rental_Peak.mp3
Category:general -- posted at: 12:00pm EDT

The month of October brings the 2017 tax season to a close. Jason brings Fernando and Zack on the show to showcase the organizational tools and portfolio management options available through the newly upgraded Property Tracker 2.0.

The Property Tracker software makes creating Schedule E’s, depreciation schedules and other tax forms easy as well as a robust calendar which keeps track of all of your income properties important dates.

Key Takeaways:

[1:14] Fundamentals for organizing and tracking investment properties.

[8:30] Property Tracker produces tax schedules including Schedule E and an up-to-date Schedule of Depreciation.

[12:28] Property Tracker 2.0 has updated proformas with RV ratio evaluations.

[14:54] Clarifying the statement “Every day you have a property you own and don’t sell, you are buying it back from yourself.”

[19:35] Organizational tips for using Property Tracker.

[23:58] Scanning with Optical Character Recognition (OCR) makes you more efficient.

[31:08] Details about the new Amazon Echo contest, the Meet the Master’s event and the upcoming Venture Alliance Mastermind.

[34:50] Free one-hour Property Tracker onboarding session with Zack for Jason Hartman clients.

Website:

www.PropertyTracker.com

Direct download: AIPIS_203_Property_Tracker.mp3
Category:general -- posted at: 9:47pm EDT

Our movements and habits are being tracks more and more with each passing year, and even sometimes days. All of that data can come in quite handy when you're looking to buy commercial real estate. Where are your customers coming from? Where are they going? How long do they spend in your location? This knowledge can be crucial when you're considering purchasing a property.

Donna Salvatore is CEO and Founder of Megalytics, a company designed to take big data and decipher it for real estate investors, both big and small. Donna has worked with SaaS and IT companies for the past 22 years, and previously provided venture equity and debt financing for a decade.

Key Takeaways:

[2:28] Some areas of big data that commercial real estate investors that Megalytics can track

[6:14] Has the retail apocalypse peaked yet?

[10:18] What is the social media score and property management score that Megalytics provides?

[15:29] The explosion in available data and what it looks like going forward

[19:11] Big data isn't just for big commercial real estate investors, landlords of single family homes can use it as well

Website:

www.Megalytics.net

Direct download: AIPIS_202_Donna_Salvatore.mp3
Category:general -- posted at: 8:10am EDT

Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.

Key Takeaways:

[1:15] Is the US a giant Ponzi scheme?

[4:21] Understanding the difference between pension benefit plans and contribution plans is essential.

[14:05] The financial service industry preys on retail investors.

[19:39] Harry Markopolos is waiting to capitalize on a market correction.

[25:59] Analyzing the patterns and mistakes of the middle-class investor.

[34:17] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.

[36:39] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.

Website:

Be Your Bank

The Wealth Standard Podcast

The Wizard of Lies

Venture Alliance Mastermind

Direct download: AIPIS_201_Patrick_Donohoe.mp3
Category:general -- posted at: 8:05am EDT

In the early 1980s Seth Merrin was an intern on Wall Street who saw ways the industry could change for the better. His first startup was an order management software that asset managers around the world use. He later created the company Liquidnet Holdings that allows institutional investors to trade large blocks of stock.

Jason Hartman caught up with Seth to talk about his newest book, The Power of Positive Destruction, and how business owners can take ideas from other industries and disrupt theirs.

Key Takeaways:

[1:01] The premise for the Power of Positive Destruction

[3:05] Taking things from one successful industry, and applying them to your different industry, can provide huge boons

[5:50] The positive destruction created by companies like Uber, Lyft, AirBnB, etc

[9:14] The art and science of launching a company

[12:39] How Seth applied the principles from his book on his own companies

[16:20] Whether Wall Street is swinging back toward being an institutional game, and how Seth's platform plays in that

[21:18] The idea of corporate responsibility, and how the proceeds from the book sales are going to help house the orphans of the genocide in Rwanda

Website:

www.PositiveDestructionBook.com

www.LiquidNet.com

Direct download: AIPIS_200_Seth_Merrin.mp3
Category:general -- posted at: 9:46am EDT

Elisabeth and Jason finally get back together to talk about what's going on in the world of real estate and inflation right now. They discuss some linear, hybrid, and cyclical markets, as well as the influence of foreign investors in the US real estate landscape.

Key Takeaways:

[1:01] What Jason learned on his 7 week vacation/trip to Europe

[5:03] The patterns of countries like Japan and the importance of demographics

[9:28] Whether "this time it's different" is at all applicable in this cycle, or if it's just wishful thinking before a bubble bursts

[13:36] Donald Trump is loosening the flood gates of money, and how it will effect real estate investing

[19:16] The impact that foreign investment has on US markets

[26:01] A lot of the invisible inflation can be seen is by the rise of self-service

[31:14] We've got to stop viewing minimum wage jobs as careers

Website:

www.JasonHartman.com/Events

www.WomenInvestingNetwork.com

Direct download: AIPIS_199_Elisabeth_Embry.mp3
Category:general -- posted at: 4:21pm EDT

Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals.

Key Takeaways:

[2:43] Julia has about 30 listings for her 7 homes

[6:56] Julia's portfolio prior to starting short-term rentals

[9:40] The importance of the review system in the short-term rental market

[12:45] Julia started her short-term rental career by moving out of her own house and renting it out, and got rid of some of her long-term rental homes

[16:37] Short-term rentals and problems with neighbors

[21:10] Red flags (and green flags) for properties you're considering for short-term rentals

[25:38] What team members do you need in order to self-manage?

[31:11] Whether Julia has ever looked into using (or used) a property manager

[34:28] How Julia streamlines her operations

[38:08] A real life example of what kind of profits Julia makes on her properties

Website:

www.JuliaMSpencer.com

Direct download: AIPIS_198_Julia_Spencer.mp3
Category:general -- posted at: 8:35am EDT

In 2016 Jason was joined by Harry Dent, from Dent Research, to discuss the tax benefits you can get from moving to a US territory like Puerto Rico, some cyclical markets that are out of control, demographic problems around the world, inflation, and foreign investors in US real estate.

Key Takeaways:

[1:20] Harry's new home in Puerto Rico, and the tax benefits he can receive

[5:18] Vancouver real estate is out of control

[10:31] Japan's biggest problem is a demographic problem

[14:21] Previously Harry had predicted a drop in gold which hasn't happened, does he still believe it's going to go down or was he wrong?

[19:01] In a deflationary environment the only chance you have to make money is in yield, which can be found in linear markets with cash flowing properties

[24:22] Most foreign real estate investors are legally laundering their money out of their country

Website:

www.HarryDent.com

www.DentResearch.com

Direct download: AIPIS_197_Harry_Dent.mp3
Category:general -- posted at: 12:00pm EDT

Part 2 of Jason’s interview with Richard Duncan includes information about the what Richard believes will happen if the government doesn’t continue to intervene in keeping the global bubble afloat, how the government can get back to the black and why we are at a unique time in economic history.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:00] Once the US moved from a gold backed monetary system to paper money system the rules changed.

[10:35] Who has benefited most from a globally-based economy?

[13:16] The global bubble is inflated by government policy.

[16:15] The combination of printing money and globalization makes this a unique time in history.

[21:33] How Richard Duncan believes the US can pull itself out of debt.

Website:

www.Blackhorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

Direct download: AIPIS_196_Richard_Duncan.mp3
Category:general -- posted at: 12:00pm EDT

This week’s episode is an enlightening economic conversation you don’t want to miss. Jason welcomes Richard Duncan back to the show for the first of a two-part conversation about what is driving the economy and which mistakes could catapult the US into a recession.

Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.

Key Takeaways:

[1:11] Richard Duncan has a unique, insider’s view of world economics and FIAT money.

[6:16] In the US, when credit grows less than 2% the US goes into recession.

[11:27] Creditism is the new Capitalism.

[13:47] Looking back at the policies which saved the world economy in 2008.

[19:45] It’s a very sensitive moment in the economy as the Fed is considering reversing quantitative easing.

[23:37] Globalization has changed the way the economic game is played.

Website:

www.Blackhorse.com.sg

The New Depression: The Breakdown of the Paper Money Economy

The Dollar Crisis: Causes, Consequences, Cures

Direct download: AIPIS_195_Richard_Duncan.mp3
Category:general -- posted at: 10:40pm EDT

Bubbles have come and gone throughout history. One area expands too much and crashes, but there are usually other asset classes that are insulated from the bust.

But what if it's an everything bubble? What if real estate, stock markets, commodities, and everything else is in a bubble? What can you do in that situation?

Jason Hartman talks with Mish Shedlock, economist and investment advisor at  SitkaPacific Capital Management, about what's going on right now and where you may find some decent investments amidst the bubbles.

Key Takeaways:

[3:12] Mish's Rule of Progress

[10:28] The Shiller P/E Ratio Chart and what it says about the market today

[12:13] The Buffett Indicator

[16:08] The Mish Shedlock investing thoughts for right now

[19:46] How asset inflation is leaving investors behind

[24:12] Some real estate price examples on the East coast that show the dangerous bubble we're probably in, and how policies are set up to aid the rich in their wealth creation

Website:

www.MishTalk.com

www.MishMoments.com

Direct download: AIPIS_194_Mish_Shedlock.mp3
Category:general -- posted at: 3:47pm EDT

Income generating real estate is the most historical proven asset classes in the world. Jason talks with Reichen Kuhl, CEO and founder of LeaseLock, about his program for landlords. LeaseLock is designed to identify rent payers and protects landlords from tenants who don't pay rent.

Key Takeaways:

[1:30] LeaseLock is an insurance policy a tenant will pay the rent.

[5:07] How exactly does the LeaseLock know who will be a rent payer?

[10:42] Insurance industries are able to insure people differently in spite of Fair Housing laws.

[12:49] The cost is LeaseLock is 7% of the full lease value of the rental unit.

[16:05] Miscellaneous information about LeaseLock as a business.

Website:

www.LeaseLock.com

Direct download: AIPIS_193_Reichen_Kuhl.mp3
Category:general -- posted at: 12:56am EDT

Jason Hartman welcomes William Cohan, New York Times columnist, special correspondent for Vanity Fair, former contributor to Bloomberg View, and author books such as Why Wall Street Matters, The Last Tycoons, and House of Cards.

William tells Jason his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.

Key Takeaways:

[1:13] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.

[7:24] A grand bargain with Wall Street would mean revamping much of its incentive system.

[13:40] Draining the swamp is harder to do than it looks.

[13:23] What we should expect out of the economy and employment.

Website:

www.WilliamCohan.com

Direct download: AIPIS_192_William_Cohan.mp3
Category:general -- posted at: 10:24pm EDT

Neighborhoods throughout America are more segregated than ever, and a lot of people don't realize that governmental action is a big reason why. Richard Rothstein is author of The Color of Law: A Forgotten History of How Our Government Segregated America, and he tells Jason about how laws kept certain groups of people in certain areas of society, and how it still resonates today. Richard also tells Jason some pretty simple rule changes that could spur integration, and more affordable housing in general, throughout the country.

Key Takeaways:

[1:27] The government's involvement in the segregation of our neighborhoods

[3:58] How governmental actions created segregated suburban communities like Levittown, NY and Lakewood, CA

[7:27] The FHA would only guarantee loans to developers if they promised not to sell homes to African-Americans

[10:24] The Fair Housing Act of 1968 didn't actually solve any problems because the home values had become unaffordable for working class families

[19:08] Jason's take on "Environmental Racism"

[23:12] There has been some recent growth of African-American suburbs, but not integrated suburbs

[27:07] Richard's take on Ben Carson as head of HUD & Section 8 housing

[30:39] How Section 8 housing re-enforces segregation and keeps people out of middle class neighborhoods, while allowing landlords to raise their rents

Website:

www.EPI.org

Direct download: AIPIS_191_Richard_Rothstein.mp3
Category:general -- posted at: 8:33am EDT

 


The First Amendment is frequently cited by anyone who is told to quiet down what they are saying. But what does it actually protect, and from whom? Floyd Abrams represented The New York Times in the 1971 Pentagon Papers case, and is author of the new book The Soul of the First Amendment. He explains to Jason how the First Amendment actually protects us, what it DOESN'T protect us from, and why some areas aren't as protected as others.

From comments made online to business practices, it's important to know how much damage your speech can have, both to the subject of your speech and to yourself in any potential lawsuit.

Key Takeaways:

[2:23] Floyd's background and some of the landmark cases he's been a part of like the Pentagon Papers

[6:25] The First Amendment and college campus free speech issues

[8:10] Areas of our society we don't realize are government controlled and subject to different free speech rules

[10:45] The broadcast medium is nearing the free speech protections as print media

[15:17] The First Amendment and "fake news"

[20:03] The First Amendment and the internet users getting sued for comments/reviews/etc

Website:

The Soul of the First Amendment

 

Direct download: AIPIS_190_Floyd_Abrams.mp3
Category:general -- posted at: 11:07pm EDT

The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.

Key Takeaways:

[3:06] Where Matt thinks we are in the business cycle, and whether we've overbuilt apartments

[7:19] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days

[11:43] The rise of the autonomous vehicles and how they will change the real estate demand equation

[15:59] What does Urban Land Institute do and what issues are being discussed?

[19:52] What Matt has learned in his real estate podcast

[23:21] Two conflicting trends in property management

Website:

www.TerraSearchPartners.com

Direct download: AIPIS_189_Matt_Slepin.mp3
Category:general -- posted at: 10:41pm EDT

Bob Miller might have started his career as a police officer, but he didn't stop there. He worked his way up to become the longest serving governor in Nevada history, with a mindset of encouraging economic development through environmentally friendly tourism, specifically Las Vegas.

But Vegas wasn't always in Bob's future. Bob's dad was a gaming pioneer, and he steered Bob away from the Vegas experience and pointed him in the direction of legal advocacy. After he graduated from law school and worked his way up to the governorship, Bob used his legal background to help Nevada transition Vegas into the powerhouse of entertainment that it is today.

Jason Hartman and Bob talk about Bob's new book Son of a Gambling Man, and what Vegas was, what it is, and how the law impacted Bob's entire life.

Key Takeaways:

[6:05] Where Bob sees Las Vegas, and the state of Nevada, headed

[11:02] When Vegas changed from a place with cheap food/transportation/hotel rooms to get you to come in and gamble, to a place where it's expensive and has booming business outside of gambling

[16:03] Bob's experience as a lawyer

Website:

www.RJMillerConsulting.com

Direct download: AIPIS_188_Robert_Miller.mp3
Category:general -- posted at: 10:34pm EDT

New Fannie Mae rules were recently announced, and it's going to impact your financing. Joe, Jason Hartman's lender, is here to talk about how these new rules are going to impact your investment home purchasing. There are caveats to the 20% down on your first 10 properties, but once you own the property, you have options.

Key Takeaways:

[2:10] Fannie Mae allows borrowers to put 20% down or the first 10 properties.

[4:23] Interest rates are rising so lock the rate on your property rate now.

[9:17] 85-90 days in the maximum time to lock in a rate.

[10:48] Joe explains loan level price adjustments to rate.

[13:02] The Trump administration may replace the head of the Consumer Financial Protection Bureau.

[17:55] The ease or difficulty of qualifying for a loan.

Direct download: AIPIS_187_Better_Financing.mp3
Category:general -- posted at: 9:00am EDT

Income property inventory is low after single-family home sales rose in January. Jason explains why an inflationary period is a great time to invest in single family homes during this live recording from one of his recent seminars. He also says the signs are pointing toward such an inflationary environment under a Trump presidency.

Key Takeaways:

[1:14] Inflation induced debt destruction by way of a mortgage.

[3:21] Inflation numbers are always adjusted by the government

[10:49] The ultimate investing equation.

[18:08] If it doesn't generate income, it's not an investment

[19:59] Inflation crushes cash and bonds

[22:01] The IRS does not account for inflation.

[25:15] Loan defaults happen during deflationary periods as well

[27:38] If you have a corporate job you are paying more taxes than the self-employed.

Direct download: AIPIS_186_Asset_Matrix.mp3
Category:general -- posted at: 12:00pm EDT

Elysia Stobbe's real estate career has seen her help close more than $250 million in residential mortgage loans. Jason Hartman talks with Elysia about her best selling book How to Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye. The two discuss money mistakes that investors frequently make, what to expect from the mortgage industry in the next few years, some crucial borrowing strategies, and more.

Key Takeaways:

[1:42] The 3 monumental money mistakes to avoid

[5:12] The state of the mortgage industry

[8:40] Key borrowing techniques for investors

[11:50] There are still great returns out there, so stop waiting

Website:

www.ElysiaStobbeBooks.com

www.ElysiaStobbeHomeLoans.com

Direct download: AIPIS_185_Elysia_Stobbe.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with the founder of Rentec Direct, Nathan Miller, as the two seek to help investors self manage their properties with tools such as Rentec Direct. Rentec offers complete solutions including inventory, property management tools, and now exclusive financing with terms you will appreciate. Nathan says Rentec Direct is designed for investors with 2-20 income properties. Tenant screening, automated payments and a property manager access option makes the tool accessible and easy to use.

Key Takeaways:

[1:52] Rentec Direct’s average client is an investor with 2-20 properties.

[3:51] The Rentec tool is designed to make a landlord’s life easier.

[9:01] Tenant screening is via Trans-Union.

[13:58] Rentec PM has the option to open an owner/investors portal and is 20% more.

[18:27] What differentiates Rentec Direct from their competition?

[24:02] Live chat support is available within the program.

Website:

www.RentecDirect.com

https://cozy.co

“The most important part of renting a home is picking the right tenant.”

Direct download: AIPIS_184_Nathan_Miller.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services. The two discuss consumer, investor, and executive sentiment numbers in the home and job market. Frances can't say for certain whether or not Trump is the reason behind the economic resurgence, but she does believe Trump's potential policy changes are the reason behind the stock market rally.

Frances and Jason also discuss how the real estate market still has pent up demand despite growing student loan debt and young people being unable to buy homes.

Key Takeaways:

[1:12] Investor sentiment gives a positive outlook for the US economy

[3:54] Is Trump the cause of the economic forecast?

[5:11] Rising interest rates present a challenge for the housing market

[8:12] Trump is inspiring confidence in companies all across the country

[9:53] Real estate investment is a small part of the total economy

[14:30] There are two true drivers of rental housing

[17:02] The housing and rental markets are not currently in their natural order

[20:41] The importance of demographics in relation to wage growth

Websites:

www.JohnHancock.com

@FrancesDonald

 

There are fewer multipliers to growth from a rental market than there are from a housing market.

Direct download: AIPIS_183_Frances_Donald.mp3
Category:general -- posted at: 8:00am EDT

Jason Hartman talks with Founder, CEO, and Chairman of ThirdHome, Wade Shealy. The two discuss how people with vacation homes can loan out their vacation spot while getting access to thousands of properties in desirable areas for as little as $395 for a week. So if you're tired of going to the same spot for your vacation year after year, maybe it's time to borrow someone else's for a change.

Key Takeaways:

[2:41] How ThirdHome differs from timeshare business models

[6:06] What you have to do to be eligible for membership into ThirdHome

[10:36] How ThirdHome relationships with other organizations works

[13:56] The cleaning process after guests leave your vacation home

[15:26] Relationships that have been cultivated through ThirdHomes, and some of the membership perks

Websites:

ThirdHome

JetSmarter

Direct download: AIPIS_182_Wade_Shealy.mp3
Category:general -- posted at: 8:53am EDT

Jason Hartman talks with Robert W Wood, Managing Partner of Wood LLP. Robert is a tax attorney who deals in matters both corporate and individual. He has been ranked by the US Lawyer Rankings as a Top 6 tax lawyer in the country.

Jason and Robert discuss things people do with their taxes that might open them up to prosecution, and how to avoid turning your contractors into full time employees in the eyes of the law.

Key Takeaways:

[1:19] Should offshore accounts be avoided?

[3:41] You could be unknowingly breaking the tax law

[4:42] The main way IRS criminal cases come about

[7:40] What to do if the IRS criminal division comes for you

[10:05] How lawsuit settlements are seen in the eyes of the tax law

[11:56] What you need to know, tax wise, about hiring freelancers

[17:40] The dangers of having freelancers and employees doing the same jobs

Website:

www.WoodLLP.com

Direct download: AIPIS_181_Robert_Wood.mp3
Category:general -- posted at: 10:47pm EDT

Jason Hartman talks with Grant Cardone, Executive Producer of Turnaround King and host of The Cardone Zone. Grant is also the author of The 10X Rule, and he talks with Jason about how you can make your life be what you want, why he wrote his book, and why it's important to be self sufficient.

Key Takeaways:

[4:30] Grant’s new venture Act Like Success is based on committing first and figure the rest out later.

[9:52] The 10X Rule is based on a concept that the goals, targets and actions people are making are low based on their potential.

[12:07] How to stay excited and make your goals 10X.

[13:57] Breaking free of middle-class thinking.

[21:17] Find power in who you know not what you know.

[25:46] You have to do whatever it takes!

Website:

www.GrantCardone.com

www.TiredofMissingSales.com

www.CardoneUniversity.com

www.twitter.com/GrantCardone

Direct download: AIPIS_180_Grant_Cardone.mp3
Category:general -- posted at: 11:30pm EDT

Jason Hartman talks with Sandra Navidi, author of the new book Superhubs: How the Financial Elite and their Networks Rule Our World.

Sandra is a former investment banker at Scarsdale Equities, and is now the founder and CEO of BeyondGlobal. Sandra received her law degree from the University of Cologne School of Law, Germany, as well as a Master-of-Law Degree in Banking Corporate and Finance law from Fordham University School of Law, USA. Navidi’s economic perspective is described as “from micro to macro”.

Key Takeaways:

[1:40] Why financial superhubs are of interest to Sandra

[5:55] The superhubs are the same as all networks, but with significant more power

[9:12] How the actions of various superhubs can impact your life

[14:03] Can an average person get access to superhubs?

[18:02] How many superhubs are out there

[21:10] Some of the biggest names in the financial world have relatively low net worths

[27:21] If we don't correct our system, it will correct itself, and it might not be pretty

Website:

www.beyond-global.com
www.twitter.com/sandranavidi

Direct download: AIPIS_179_Sandra_Navidi.mp3
Category:general -- posted at: 3:33pm EDT

Jason Hartman talks with one of his clients, and owner of 9 properties, Muthiah Nachiappan. Muthiah has pored over many property management contracts, and he discusses his self-designed Property Management Survey, fees property managers charge but shouldn't be paid for, and how he got into income property investing. Jason also gives listeners 4 options for property management, and then discusses the 3 options property management companies have to take advantage of if they want to stay in business.

Key Takeaways:

[2:44] Property Management contracts always skew toward the writer of the contract

[4:06] Jason thinks the property management business is ripe for disruption via things like self-management, a la carte services, and flat fees.

[7:38] Muthiah's road to income property investing

[11:28] Muthiah's Property Management Survey.

[16:01] What the flat fee system Jason envisions is

[21:30] 4 property management options the every investor should know

[26:52] A hybrid option for property management needs to be available

[31:21] It's important that your property management company know that you're an educated owner who won't be taken advantage of.

[33:48] Muthiah shares his future investment plans and his retirement objectives.

Website:

www.jasonhartman.com

Direct download: AIPIS_178_Muthiah_Nachiappan.mp3
Category:general -- posted at: 9:35pm EDT

Jason Hartman talks with Andrew Wright, CEO and Managing Partner at the commercial real estate firm, Franklin Street. He has grown the company to more than 200 employees in major markets throughout the Southeast.

He has been involved in over $1 billion in real estate and finance transactions, and also has experience in distressed real estate, negotiating the resolution of more than $800 million in debt since 2009.

The two discuss the changing nature of real estate thanks to technology, and what sectors are still worth investing in today.

Key Takeaways:

[1:35] How Andrew expects Trump to impact real estate under Trump

[4:59] How much the internet has changed retail centers

[8:31] Internet shopping has changed the demand for warehouse real estate and the delivery industry

[12:54] Andrew's take on the supply/demand status of the market right now

[17:03] What kinds of cap rates Andrew is seeing out there these days

[19:08] Andrew's favorite real estate investment today

Website:

www.franklinst.com

Direct download: AIPIS_177_Andrew_Wright.mp3
Category:general -- posted at: 10:42pm EDT

On September 30, 2016, Linda Jones invited Jason Hartman on to Be Wealthy and Smart to talk about the all important LTI ratio. Jason explains why high land values aren't necessarily a good thing, and how his "Hartman Risk Evaluator" can help you identify cyclical markets to avoid and linear markets that are ripe for investing.

Key Takeaways:

[4:34] The importance of the LTI ratio

[7:28] Jason's "packaged commodities investing" idea

[11:41] How much land values can change the price of your home

[15:08] How the "Hartman Risk Evaluator" can help you invest

[18:44] The danger that comes from believing someone can predict changes in home prices

Websites:

www.jasonhartman.com
www.twitter.com/jasonhartmanroi

Direct download: AIPIS_176_Linda_Jones.mp3
Category:general -- posted at: 12:00pm EDT

Chris Porter is coauthor of the new book Big Shifts Ahead, and VP and Chief Demographer at John Burns Real Estate Consulting. Jason Hartman talks with Chris about how demographic issues can impact the real estate market, the economy, and business cycles.

Key Takeaways:

[2:15] Exploring Chris' new book: Big Shifts Ahead: Demographic Clarity for Businesses.

[4:47] Generational nicknames given to generations based on the shifts they ushered in.

[13:20] The new generation is probably going to behave like their grandparents rather than their parents

[14:16] The housing market is about to experience shadow demand

[16:35] A third of all population growth in the US can be attributed to immigration

[18:51] John Burns Real Estate consulting believes home ownership, over the next decade, will fall below 61%

[22:17] Business relocation incentives in the south are enticing

[23:52] Differentiating between urban, suburban, and rural communities.

[28:26] How to bring the best of the urban settings to stereotypically suburban environments.

Websites:

https://www.realestateconsulting.com
https://www.bigshiftsahead.com

Direct download: AIPIS_175_Chris_Porter.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman talks with Nathan Miller, the founder of Rentec Direct. Rentec Direct is a client-focused program designed for investors with 2-20 income properties. The tool allows you to have a website, auto draft rent payments, full bank, property and tenant ledger, tenant screening, publish vacancies to sites like Craigslist, online file management, and more.

Key Takeaways:

[1:57] Why Rentec is designed for investors with 2-20 properties.

[3:56] The primary purpose of Rentec is to make the real estate investors life easier

[9:06] All screening for tenants is done by Trans-Union

[14:03] For 20% more you can use Rentec PM and have an owner/investors portal

[18:32] How is Rentec Direct different from similar platforms?

[24:07] Rentec Direct offers a live chat support function

Website:

https://www.rentecdirect.com
https://cozy.co

Direct download: AIPIS_174_Nathan_Miller.mp3
Category:general -- posted at: 10:30pm EDT

Jason Hartman talks with Ed Conard, economist, and founding partner, with Mitt Romney, of Bain Capital. Conard wrote the New York Times Bestselling book Unintended Consequences: Why Everything You’ve Been Told About the Economy is Wrong and his soon to be released book, The Upside of Inequality: How Good Intentions Undermine the Middle Class. The two discuss the misunderstandings on CEO pay, why the technology sector is doing so well, and how current regulations tend to benefit the big players in the market.

Key Takeaways:

[1:28] Ed discusses his time at Bain Capital with Mitt Romney, when they experienced enormous growth.

[3:30] Clients of Bain Capital were given the opportunity to invest in capital investment and management supervision related opportunities.

[5:07] The company also utilized a higher risk strategy, which allowed them to take advantage of investment opportunities of undervalued assets.

[7:21] The Upside of Inequality delves into American workers productivity

[12:18] The US economy is accelerating and we don't see a stagnant Fortune 400, which means companies aren't just negotiating for a bigger piece of the pie

[14:47] While the headlines make it seem ridiculous, CEO pay may not be quite as outrageous as it appears

[19:36] Tech companies pay less taxes and have lax regulation, especially when compared to other sectors, who have to continuously look for loopholes to give get a competitive advantage.

[21:22] The rise of profitability in the tech sector has been extraordinary.

[22:23] The economy is squeezing the profitability out of every most other sectors.

[24:45] Properly trained talent and a willingness to take risk are the binding constraints to growth in this new economy.

Website:

http://www.edwardconard.com
https://twitter.com/edwardconard

Direct download: AIPIS_173_Ed_Conard.mp3
Category:general -- posted at: 4:27pm EDT

Jason Hartman talks with James Adams, former Waffle House employee and analyst. His new book, Waffle Street: The Confessions & Rehabilitation of a Financier, tells the inside story of working on Wall Street during the housing market crash. After exiting the scam that is Wall Street, he got a job at Waffle House, and spawned his book, now movie starring Danny Glover. James explains the central banking system in terms of loans and debt, the issues created by printing more and more money, and cautions us about which major nation might be the first to collapse in the NEXT crisis.

Key Takeaways:

[1:25] James' original title for the book

[5:02] While some areas of the book are dramatized, the crisis was on a bigger scale than anyone could imagine.

[6:25] Haphazard underwriting and an improbable US housing decline made many US financial institutions to reassure clients until the crash happened

[9:23] The ripple effects of leverage because of how out of whack rent to home price ratios were

[12:05] James fears the treasury balance sheets of G8 countries could be the cause for another meltdown.

[14:23] Central banks are creating electronic liabilities.

[16:10] What needs to be done to the banks before we can even begin to solve our underlying problems

[21:59] Printing money works until it doesn't

[22:38] Japan has many factors that are working against their long term success

[23:58] Are options on Japanese debt a good idea?

[26:05] The Waffle Street film is trending well on Netflix and is experiencing good distribution.

[27:10] James has another movie and works as a Senior Research Analyst

Website:

http://www.wafflestreetmovie.com
https://twitter.com/wafflestmovie

“It’s the layer upon layer of leverage which creates instability in the housing market.”

Direct download: AIPIS_172_James_Adams.mp3
Category:general -- posted at: 10:40pm EDT

Jason Hartman and Gary Pinkerton break down the article, 27 Charts That Will Change How You Think About the American Economy. The charts document changes in the US economy in regards to things like productivity, demographics or inflation. They also highlight the impact of people working past the social security mandated retirement age, service jobs versus labor jobs, and the opportunity presently presented to real estate investors based on the number of Americans with disposable income.

Key Takeaways:

[3:40] Gary was looking for a way to shift active income into passive income which led him to the Creating Wealth podcast.

[5:57] The 27 Charts that will change how you think about the American economy article, by Timothy Lee.

[10:07] Service Industry growth is a clear indicator of progress and higher standard of living.

[13:59] Labor force numbers have been declining since 2000

[16:30] The urban growth in real estate

[21:05] Chart #19 shows inflation-adjusted home prices.

[26:18] Construction costs have not kept up with housing prices

[30:42] The American idea of retirement has changed

Websites:

www.venture-alliance.com
www.vox.com/new-money/2016/10/10/12933426/27-charts-changing-economy

Direct download: AIPIS_171_Gary_Pinkerton.mp3
Category:general -- posted at: 4:56pm EDT

Jason Hartman talks with James A. Runde, investment banker and independent corporate director. He is the longest-serving investment banker at a single U.S. firm, currently standing at 42 years with Morgan Stanley. He is best known for advising UPS to go public, a move that has worked out quite nicely for the company.

Alongside his role as investment banker, Jim began educating other bankers about emotional intelligence quotient (EQ). His new book, Unequaled, dives into this topic.

Key Takeaways:

[2:38] How the markets and technology have changed in the 42+ years James has been in finance

[6:54] How you can strengthen your EQ as opposed to your IQ

[10:52] The importance of adaptability, and how everything changes when you go into the workplace

[13:04] James' opposite route that he takes at networking events

[17:10] How emotional intelligence has had to adapt to changing technology

Website:

http://jamesrundeauthor.com
Unequaled on Amazon
James Runde on Wikipedia

Direct download: AIPIS_170_James_Runde-final.mp3
Category:general -- posted at: 11:20pm EDT

Daren Blomquist, Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report joins Jason Hartman to discuss the new President, Donald Trump, and what this presidency might end up meaning for real estate investors, the economy as a whole, and clearing up regulatory issues which hamper the current market.

Key Takeaways:

[1:43] A Trump presidency's impact on real estate investors and our economy

[5:55] Affordability issues caused by the wage problem

[8:46] How lower interest rates create housing bubbles

[11:33] Home ownership is at a 50 year low while housing prices skyrocket to unsustainable highs.

[15:43] What would happen if Trump repealed Dodd-Frank?

[19:11] ATTOM’s Housing News Report article tells us why big banks are fleeing the mortgage business.

[20:16] An increase in foreclosure activity continued in October 2016

[24:29] How Trump’s promise to invest in the United States infrastructure will help real estate investors.

[25:36] Email marketing@attomdata.com and mention "Creating Wealth" to get the award winning Housing News Report free for one year

Websites:

http://www.realtytrac.com
http://www.realtytrac.com/news/tag/marketing-list
http://www.attomdata.com

Direct download: AIPIS_169_Daren_Blomquist.mp3
Category:general -- posted at: 10:17pm EDT

Jason Hartman's client, Dr. David D’Ambrosio, tells all about his experience with a 1031 Exchange on some properties in the Orlando and Indianapolis markets. He has some ideas about why high-tax bracket professionals avoid real estate investing, and Jason has his own. One thing Dr D'Ambrosio does want to know is, what should his next step be?

Key Takeaways:

[1:34] Dr. David D’Ambrosio is Radiation Oncologist, but has always been intrigued by real estate.

[3:52] How David did a 1031 Exchange and purchased four properties in Orlando.

[5:34] The two ways to diversify a real estate portfolio: location and cash flow/appreciation.

[7:25] The 1031 Exchange deadlines, 45 days for identifying properties, but six months to close.

[10:08] How frustrating it can be when you have a no-brainer like real estate investing, but people aren't willing to try it

[16:16] Some places to look for financing after you've reached your traditional property limit

[22:24] Is it possible to do a cash out refinance if you can get a lot of cash out of the deal?

[24:27] The break even point of a deferred down payment option

[27:25] What is equity stripping?

Websites:

www.hartmaneducation.com
www.venturealliancemastermind.com

Direct download: AIPIS_168_David_DAmbrosio.mp3
Category:general -- posted at: 11:46pm EDT

Jason Hartman talked with Nick Sargen, author of Global Shocks: An Investment Guide for Turbulent Markets, about what we should be expecting from the economy with Trump in the White House. Nick is currently the Senior VP and Chief Economist at Fort Washington Investment Advisors. Before that he worked at Morgan Guaranty trust, the Federal Reserve Bank of San Francisco, and the US Department of Treasury.

Key Takeaways:

[1:10] How President-elect Trump's pro-business stance might impact the US.

[4:42] Whether Trump's spending will lead to higher interest rates.

[6:50] There are some concerns over President Trump and the issue of trade.

[9:36] Why budget deficits do not always lead to inflation.

[12:13] Donald Trump, the real estate president who will be pro-growth

[15:05] Why the market is on the rise in response to President Trump's policies

[17:55] A closer look at Nick's book, Global Shocks: An Investment Guide to Turbulent Markets

[20:29] How to invest in order to take advangtage of a bubble.

[24:13] What sector hasled the way in the recent stock market run up

Websites:

Fort Washington Investment Advisors

Global Shocks: An Investment Guide for Turbulent Markets

Direct download: AIPIS_167_Nick_Sargen.mp3
Category:general -- posted at: 5:39pm EDT

Nick Adams joins Jason Hartman for today's installment of the AIPIS Show. Nick is the Founder and Executive Director of FLAG, The Foundation for Liberty and American Greatness. Alongside that job, he's also a columnist for Townhall.com and he is a former Centennial Institute Policy Fellow. Nick and Jason dive into Nick's bestselling book, The American Boomerang: How the World’s Greatest Turnaround Nation Will Do It Again and his belief that Trump will be America’s next great president for four and possibly even 8 years

Key Takeaways:

[2:20] The American Boomerang included what Nick Adams thought needed to happen for an American Renaissance.

[4:11] Nick Adams read The Art of the Deal when he was 11-years-old and he publicly supports Trump.

[8:10] Unlike in Australia, the Tall Poppy Syndrome does not apply in the US.

[12:42] There are four ways America is considered to be exceptional culturally, militarily, economically and scientifically.

[16:01] People need to be confident for the economy to be roaring.

[17:00] These are the 5 things America needs to do to economically boomerang.

[20:48] Will the next 4 years under President Trump bring wealth for America?

Website:

www.flagusa.org

The American Boomerang: How the World’s Greatest Turnaround Nation Will Do It Again

Direct download: AIPIS_166_Nick_Adams.mp3
Category:general -- posted at: 11:35pm EDT

Jason Hartman talks with Doug Casey, a best-selling author, a well regarded speculator, and libertarian philosopher who has garnered a reputation for his savvy insights into politics, economics, and investment markets (however controversial they may be).

Doug is considered one of the utmost authorities on “rational speculation,” especially in the high-potential natural resource sector. He has lived in 10 countries and visited over 175.

Today Jason and Doug discuss his new novel Speculator, how to be an international man in today's world, and real estate around the world.

Key Takeaways:

[1:45] The premise of Doug's new book Speculator

[4:40] Breaking down each of the main topics of the series that Speculator begins

[8:35] How Doug's book International Man came to be the most sold book in Rhodesian history and made him semi-famous

[12:30] The world's move toward the singularity

[15:50] The epic college scam

[20:20] Diversifying yourself internationally

[24:20] Is the world flat now?

[29:00] We're at the beginning of the next crash while riding the tail of the previous crash

Website:

www.caseyresearch.com

Direct download: AIPIS_165_Doug_Casey.mp3
Category:general -- posted at: 11:00pm EDT

Jordan Goodman is known as America’s ‘Money Answers’ man. He's written 13 books on topics that range from detecting Wall Street lies to a financial dictionary to retirement planning. Jordan and Jason Hartman discuss what we can expect from Trump's new presidential administration, how Trump’s mix of supply-side and Keynesian economics will affect real estate markets and whether we're headed for increased inflation.

Key Takeaways:

[2:49] Jordan says tax rates will see dramatic changes under the Trump administration.

[4:28] Reducing taxes will increase the deficit, pushing interest rates up.

[7:37] The multiplier effect is the amount a home buyer invests in a newly purchased home.

[8:22] Regulations have discouraged good, qualified people from getting loans.

[9:08] Is it time for an economic downturn in the U.S.?

[13:31] Jordan tells us why interest rates will rise sharply in the next four years.

[18:18] Jordan Goodman wants what is best for the country.

[19:50] The economy will have a mix of supply-side and Keynesian attributes.

[22:30] The U.S. will run out of workers when Trump invests in infrastructure projects.

[26:48] Trump doesn’t want to install 35% tariffs his goal is an increase in exports.

[29:38] Jordan is involved in a commercial real estate lending fund.

[31:35] Does Thou shalt maintain control still apply?

Websites:

www.moneyanswers.com

Direct download: AIPIS_164_Jordan_Goodman.mp3
Category:general -- posted at: 10:14pm EDT

James D. Kuhn is the President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm. James joined Jason and they talked about Trump's upcoming presidency, what it could mean for real estate markets, and the prospects of inflation in the US. Even though Trump has no political record to project, proper handling of trade policies and initiatives for corporate entities could spur job growth in low and middle class communities.

Key Takeaways:

[2:03] It is possible for Trump to spur the economy, especially in real estate.

[6:12] There will be winners and losers from Trump’s trade policies.

[11:19] James D. Kuhn believes the link between the lower and middle class benefiting from job growth is education.

[14:14] The demand for online college education is growing and it should be made available to everyone.

[16:14] Even before the election real estate investors thought it was hard to find value in the real estate market.

[19:00] The question for the Feds is, “at what point is the economy ready to handle inflation?”

[20:42] Real estate is the last great investment opportunity especially for those who watch their markets.

[23:09] An income property should make financial sense the day you buy it.

Websites:

www.ngkf.com

Direct download: AIPIS_163_James_Kuhn.mp3
Category:general -- posted at: 1:08am EDT

Jason Hartman recently spoke with client Elisabeth Embry about her journey from an executive of major companies to a real estate investor, the Venture Alliance Mastermind group, and the upcoming Venture Alliance meeting.

Listen in as the two of them delve into what to expect in the coming event, what to look for in property managers, and what markets Elisabeth is currently investing in.

Key Takeaways:

[1:49] Elisabeth's executive journey

[4:02] Why Elisabeth picked real estate

[8:05] Dealing with property managers while they're dealing with expanding

[11:20] What warning signs to look for that your property manager is slacking off

[15:55] Where all suffering comes from

[19:41] Elisabeth's experience with the Venture Alliance Mastermind

[24:16] Pre-qualifying your friends with the mastermind group

Website:

www.jasonhartman.com
Masters of Income Property Investing
Venture Alliance Mastermind Group

Direct download: AIPIS_162_Elisabeth_Embry.mp3
Category:general -- posted at: 11:12pm EDT

Jason Hartman talks with Dr. Robert Johnson, President and CEO of the not for profit American College. He is also the author of the books: Invest with the Fed: Maximizing Your Portfolio Performance by Following Federal Reserve Policy, Strategic Value Investing and the study What to Expect When You’re Electing. Dr. Johnson and Jason discuss long-term market strategies, what the stock market tends to do under political harmony, and how asset classes react to interest rate changes.

Key Takeaways:

[3:08] The republican party controlling all aspects of the government will mean sweeping reforms.

[6:34] Invest with the Fed analyzed how asset and equity classes perform during different interest rate environments.

[9:22] Stock market growth is higher when democratic presidents are serving or when there is political harmony.

[12:00] Long-term perspectives show the economy and the stock market move forward together.

[14:40] The best strategy is a long-term market strategy.

[16:19] Equity real estate investment trusts perform very well during rising rate environments.

[18:14] Will the cost of small business financing go up under a Trump administration?

[21:00] Is this time going to be different?

Website:

www.theamericancollege.edu

Direct download: AIPIS_161_Robert_Johnson.mp3
Category:general -- posted at: 10:08pm EDT

Mark Jaffe, former Walt Disney Company senior executive, spent many years creating happy moments for millions of people. At a young age he had come to realize that his happiest life was attainable. After much studying, observing, and cultivation, he ultimately enjoyed an enduring happyness through a singular focus on identifying what worked and what didn’t.

Through it all he's had a life journey, perhaps similar to your own, that included career successes and failures. A marriage that succeeded until it didn’t. Two fabulous kids. A dog. And the learned ability to be very happy, which, 40 years later, still keeps him happy.

Key Takeaways:

[2:10] What led Mark to write Suitecase of Happyness

[5:40] Overcoming the barriers that we create for ourselves, and the barrier the pursuit of success can create

[8:55] The importance of balance and perspective

[12:45] The word that stops us from having some of the best times of our lives

[14:35] The power of passion

[17:35] Why Mark spelled it "happyness"

Website:

http://www.suitcaseofhappyness.com/
http://twitter.com/markjaffe
http://instagram.com/markjaffe1

Direct download: AIPIS_160_Mark_Jaffe.mp3
Category:general -- posted at: 10:44pm EDT

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