Fri, 25 January 2019
Jason Hartman has a client case study with Curtis discussing Curtis' real estate investing journey so far, accumulating 13 properties in the past 3 years. Curtis gives a story about how he dealt with a massive insurance claim and how real estate investing is helping in his long term plans.
[5:32] How bagels got Curtis and his wife into real estate
[11:15] Curtis' experience has been incredibly positive so far
[14:25] Curtis' local insurance was a life saver for them when property damage occurred
[18:34] What are Curtis' plans with his cash flow?
[22:47] Curtis had to be "deprogrammed" in order to real estate invest
Sat, 19 January 2019
Jason Hartman talks with Venture Alliance member Mike Zlotnik about the new trend in real estate investing, which is "Opportunity Zones". The two discuss what they are, when they can be a good idea, how the funds work and some potential tax implications. The two implore the listener to vet your sponsor before investing, not invest just for tax purposes and aligning your interest.
[3:30] Mike's thoughts on deals in opportunity zones
[6:37] How funds work when investing in Opportunity Zones
[10:48] How are fund managers being successful getting people to invest
[14:22] Some potential tax implications
[17:25] Don't make the deal just for tax benefits. The deal needs to make sense BEFORE the tax benefit
[21:55] Your fund manager needs to have some skin in the game
[26:48] It's important to understand what a quality sponsor is
[28:51] The 2 major layers to pooled money investments
[31:25] Alignment of interest
Fri, 11 January 2019
Jason Hartman talks with Etienne Deffarges, author of Untangling the USA: The Cost of Complexity & What to Do About It, about some of the most pressing issues facing the country, such as health care and our banking system. They look at what exactly is causing the issues, but don't just focus on the problems. Etienne and Jason also discuss the most important part of the problems: their solutions.
[1:26] We as a society make things much more complex than we need
[6:51] Etienne's solution for health care
[13:04] How can we improve the world of finance?
[17:15] Etienne is in favor of banks having to have a higher equity to debt requirements
[20:35] With all of these problems in the world, what's the solution?
Fri, 4 January 2019
Jason Hartman talks with Matt Taibbi, contributing editor at Rolling Stone and author of books such as Griftopia and The Divide, about bubbles. The two explore how Fed policy has been leading to bubbles throughout the years, how Wall Street is designed to take advantage of the average citizen and what we can learn from the history of bubbles.
[3:06] There's a pretty decent path from Fed policy to bubbles
[7:36] How the Great Recession came into being
[12:12] Institutions have learned how to create a bubble to profit from, but then also be prepared to make money when their own bubble bursts
[16:19] As long as trades are occuring Wall Street is making money
[18:09] How investment bankers are auctioning off America's infrastructure
[22:49] What is the investor's lesson from the bubble machine?