CI 125 – Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage with Harry Dent

Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn’t go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn’t exist, and more.

Key Takeaways:

[2:13] What does Harry learn by looking at sunspots?

[6:28] There’s both global warming and cooling going on right now thanks to sunspots

[8:26] Harry does NOT believe this is the time to be cutting taxes

[11:26] The greatest BS economic recovery in history

[14:30] How much does money trickle in this consumption driven economy that needs growth?

[17:23] Nobody takes downturns into consideration when planning the future

[20:57] When are we likely to see a spike in life expectancy?

[24:08] The wild card in predictions using demographics is the government’s monetary & fiscalpolicy

[27:37] Why we’re going to have a big revolution if things don’t change

Website:

www.HarryDent.com

AIPIS 124 – Attractive Investments & the Investor Class with Pragmatic Capitalist Cullen Roche

Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.

Key Takeaways:

[2:12] What does Pragmatic Capitalism really mean?

[10:45] The macro-economy still looks healthy

[13:59] Cullen looks at the economy like an engineer in order to try and understand what’s going on

[17:37] Bonds are probably more attractive than most people believe

[20:29] Cryptocurrencies have become a “greater fool theory” investment

[24:51] Asset inflation is real and it’s becoming harder and harder to get into the investor class

[29:09] The banking industry is what creates most of the money in our economy

[31:27] One of Cullen’s outlandish theories

Website:

www.PragCap.com

CI 123 – The Unique US Real Estate Market with Eric Pichet

Jason Hartman talks to Dr. Eric Pichet, Professor & Director of Specialized Masters Program in Wealth Management & Real Estate Management at KEDGE Business School in France, about real estate around the world, as well as the current view of cryptocurrency by governments across the globe.

The two discuss how there is no global real estate market, but there are similarities in each of them, why the US home market is so much bigger than other nations, how cryptocurrencies are being received in Europe and whether governments and central banks will be moving to crush them in the near future.

Key Takeaways:

[1:43] There’s no global real estate market, but we seem to be in about the same place in the cycle of each of the big areas

[5:27] Eric’s take on Jason’s 3 types of market belief

[6:37] Why Jason thinks the European home market is much slower than the US

[10:12] The series of economic events that led to French citizens being interested in real estate

[12:10] The sentiment about cryptocurrencies in Europe

[16:11] How are cryptocurrencies viewed by governments and central banks?

[18:58] Eric expects the G20 nations to declare Bitcoin as a tool for money laundering and terrorism

Website:

www.EricPichet.fr

CI 122 – The Future of Affordable Housing with Baby Boomers with NHP Foundation’s Richard Burns

Jason Hartman talks with CEO of the NHP Foundation, Richard Burns, about the affordable housing crisis in the United States. The current method of creating affordable housing isn’t working for anyone, but Richard thinks there’s a way that it can be solved that benefits all parties.

Key Takeaways:

[1:36] What solutions are available for affordable housing?

[4:29] The two components of real estates value

[6:12] We are nowhere near meeting the affordable housing demand, so what do we do?

[10:09] Where did the high paying, real careers go that made people end up in careers that were meant to be stop-gap jobs?

[12:16] What does Richard’s non-profit do?

[15:51] Richard’s thoughts on rent control

[17:42] What the Baby Boomer survey showed

Website:

www.NHPFoundation.org

CI 121 – Client Case Study with Gary & Sue Pinkerton on Mortgage Sequencing & Self-Management

Jason goes into his client case study with Gary & Sue Pinkerton. The two give Jason a lot of background on why they’re investing in real estate, why they continued investing even when their initial property went horribly awry, the way (and reason) they went about their mortgage sequencing, and how they picked the markets they’re currently in.

Key Takeaways:

[2:22] Gary & Sue’s first property did NOT start off well

[7:12] It’s crucial to listen to your wife’s intuition

[11:04] How Gary & Sue decided to split up their mortgages and why

[14:13] Why Gary & Sue picked the markets they’re in today

[18:22] Sue’s self-management tips

[21:58] The fragmented nature of single family real estate investing is frustrating

[25:19] There’s NO SUCH THING as a passive investment

Websites:

www.JasonHartman.com/Properties

CI 120 – Your Focus, Turbocharged with Peter Shankman

Jason Hartman talks with Peter Shankman, author of Faster Than Normal: Turbocharge Your Focus, Productivity, and Success with the Secrets of the ADHD Brain, about how people with ADHD can use it to their advantage, what actions people need to take in order to be successful in their ventures, how to figure out what your audience wants, and when to ignore your audience.

Key Takeaways:

[4:04] How is ADHD a benefit?

[6:31] It’s important to set up your life in a way that doesn’t allow you to get derailed, and the 4 undeniable ADHD life rules

[9:35] You can lead the life you want, you just have to be willing to make the trade offs

[13:43] Your audience will tell you what they want and where they are, if you’re willing to listen

[15:38] The only time you want to ignore what your audience is saying they want is when you’re a part of a big market disruptor

Website:

www.ShankMinds.com

www.FasterThanNormal.com

CI 119 – Where We Really Are in the Housing Cycle with Jeff Meyers

Jason talks with Jeff Meyers, President at Meyers Research, about the state of the housing market across the USA, and how much runway the market might have. They also discuss whether millenials are finally ready to buy their first houses, and the incredible impact the self-driving car will have.

Key Takeaways:

[2:13] Are the millenials finally entering the home buying market?

[5:04] There’s been a long economic recovery, but housing hasn’t led the way so Jeff sees more runway

[9:43] When did the real recovery from the Great Recession begin, and how does it affect where we are in the housing cycle?

[12:24] Mortgage lending is getting tighter than ever, with the average FICO score on each loan being 720 (the banks are allowed to loan at 680)

[13:56] The self driving car could cause a resurgence of the suburbs, but it will DEFINITELY be a game changer for real estate (perhaps like how Amazon has changed the retail industry)

[17:09] The cottage industry that could spring up out of the emergence of the self driving car

Website:

www.MeyersResearch.com

CI 118 – How to Use Slicing Pie in Your Real Estate Deals with Mike Moyer

Jason Hartman talks with Mike Moyer, creator of Slicing Pie, about how to partner with people on startups and real estate investing in a way that fairly incorporates everything people bring to the table. The two discuss the need to factor in work, cash, ideas, goods, etc when valuing contributions, as well as the multipliers for each faction depending on their scarcity.

Key Takeaways:

[2:08] You have to go into a startup with the knowledge that you can lose all of your money

[3:09] How would you use Slicing Pie in a real estate deal?

[7:17] Why there’s a difference between cash & non-cash contributions when you’re slicing

[10:12] The reason there are multipliers in slices is so that there are consequences if someone leaves the pie

[13:35] Why time based vesting isn’t the way to go

[16:04] What is Mike’s definition of a startup?

[21:20] What are all the ways you can get a slice of pie in a company?

[25:29] How do you get started slicing pie?

Website:

www.SlicingPie.com

CI 117 – Rags to Riches & Back to Rags with Jorge Newbery

Jason talks with Jorge Newbery, author of Debt Cleanse: How to Settle Your Unaffordable Debts for Pennies on the Dollar, about fake news, erasing debt, the creation (and destruction) of bubbles, and what to do if you’re in trouble with a loan.

Key Takeaways:

[1:52] How Jorge got into the real estate business, and was taken down by a single ice storm

[6:12] The City of Columbus, OH wouldn’t let Jorge’s renovations pass inspections

[10:22] A fake news story about Jorge being investigated turned the public against him and his renovations

[14:39] Why Jason is okay with the strategic default practice, even as a lender himself

[16:05] In his quest to erase his $26 million in debt, Jorge found an error that erased $5 million of it, which led to a startling revelation

[20:05] Our whole society is set up to create massive bubbles that burst and allow the powers that be to buy assets for pennies on the dollar while we blame ourselves for the situation

[22:11] The wealth concentration in our nation is becoming untenable

[23:46] The #1 piece of advice for if you’re in trouble with your loan

Website:

www.AHPFund.com

www.DebtCleanse.com

CI 116 – How Cost Segregation Became Affordable with Joe Viery

For years cost segregation has only been economic feasible for commercial properties, as the sheer cost of the process outweighed any potential tax savings that would be created. Now, however, times have changed and people like Joe Viery can help you get 10x or more in tax write offs as the cost of the cost segregation.

Listen in as Jason Hartman and Joe Viery discuss how this became possible for single family rentals, how much a cost segregation costs, and what kind of savings you can realistically expect.

Key Takeaways:

[2:39] What’s going on that cost segregation is becoming possible for single family investment properties?

[8:19] How much do cost segregations cost for a single family home?

[11:13] What kind of tax savings you can get out of a cost segregation

Website:

www.USTAGInc.com