CI 150 – Keeping Your Sanity in a World Gone Crazy with Dr Gina Loudon

In this 10th episode, Jason Hartman speaks with Dr. Gina Loudon, co-host of America Talks Live on NewsmaxTV, certified hypnotherapist, founding writer at Breitbart and official Trump campaign surrogate, spokesperson to Donald Trump’s 2016 Presidential campaign and member of the President’s 2020 Media Advisory Board. The two discuss the political divide that’s present in today’s society and whether it’s worse now than it’s been in the past. They also discuss the 3 types of people in the world and how President Trump is one of the most misunderstood people on the planet.

Key Takeaways:

[2:38] We frequently forget to look at the WHY all this division is going on

[5:39] Are we really divided more now or is it all just sensationalized?

[10:51] The USA is actually living in the most healthy, happy, prosperous and safest times in history

[15:34] The monologue media vs the dialogue media

[16:51] The 3 types of people in today’s world

[20:51] Gina says President Trump is one of the kindest and loyal people she’s ever met

Website:

www.DrGinaLoudon.com

CI 149 – 30 Year Mortgages & Existing Home Sales with Thomas Young

Jason Hartman takes today’s episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.

Key Takeaways:

[2:07] What you see when you compare the 30 year mortgage rate to existing home sales

[6:29] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?

[8:04] What does the trade war mean for inflation?

Websites:

www.JasonHartman.com/Properties

CI 148 – Interest Rates Impact on Cap Rates with Mike Zlotnik

Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today’s interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we’re starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.

Key Takeaways:

[2:09] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace

[5:20] We’ve been spoiled by artificially low interest rates

[8:09] The inverse relationship between cap rates and prices

[12:45] A real life example of the impact of higher interest rates

[16:45] We live in a world where the Federal Reserve and the Treasury don’t have to make sense

[22:00] Can the US government afford high interest rates?

[26:16] Why are rates going higher?

[29:15] How to prepare for higher rates

Website:

www.BigMikeFund.com

www.TempoFunding.com

www.JasonHartman.com/Properties

CI 146 – How Automation Will Change Our Future with Digits Ben Way

Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.

Key Takeaways:

[1:23] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency

[4:39] How the 1 year hedge is made possible

[8:54] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it’s never really happened. Is this time different?

[12:26] What people forget about automation

[16:29] How do the logistics and hard drives of robots work?

[19:40] The plethora of information is making kids more risk averse

[23:21] The two things we get wrong when it comes to education

Website:

www.RainmakersGlobal.com

CI 145 – Home Inventory Levels, Millennials Trying to Buy & Loosening Credit with Matthew Gardner

Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what’s going on in the macro US economy, what’s going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial’s (mostly futile) quest to save up for a down payment. They also discuss the lack of home inventory and why the loosening of credit regulations isn’t going to impact home sales as much as some are hoping. Then they also delve into millennials trying to afford homes and WHERE they can actually afford to live.

Key Takeaways:

[1:18] What’s Matthew’s take on what’s going on in the macroeconomy

[4:06] What’s going on with new home development? Will there be any break in inventory shortgage?

[8:19] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens

[11:54] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[14:39] Milennials want to live in the “exurbs” in townhomes, but home prices are pushing them out further

[17:05] It’s taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there’s no inventory

[20:16] Factors that could trigger the next business cycle recession and what the next recession might look like

[24:34] Who are the “Boomerang Buyers” and how might they impact the single family rental rate growth?

Website:

www.Windermere.com/Economics

CI 144 – 26 Apartments in 13 Months, Case Study with Ben Mizes

Jason Hartman talks with 24 year old real estate investor Ben Mizes, co-founder of Clever Real Estate, about how he got started in the business, what lessons he’s learned over his time in the industry, and what technologies he’s using to keep up with all his properties. Ben also gives a few best practice tips to those who want to get involved in real estate like he is.

Key Takeaways:

[1:23] How Ben became interested in real estate

[5:23] Ben’s deal experience as he started growing his portfolio, and why his 2nd deal may have been his most important

[9:34] Ben’s thoughts on what’s happening in the real estate industry as a whole

[13:10] Best practices when managing your own properties is to make sure you make your expectations very clear with your tenants

[17:45] If you don’t do a good job with repairs it makes managing the building that much harder

[20:05] The two main technologies Ben is using for his real estate, and one hack Ben uses to allow his tenants to pay cash

Website:

www.ListWithClever.com

CI 144 – Reconfiguring the Three-Player Game with Bill Janeway

Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O’Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government’s role on both the supply and demand side of the market, the digital revolution and the coming green revolution.

Key Takeaways:

[1:27] How the thesis of the 3 player game came about

[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy

[9:17] If the government hadn’t jumped in on the demand side in the 2009 recession history has shown us what would have happened

[11:21] Wherever there’s a market for assets there will be bubbles

[17:05] Why the digital revolution made Bill extend his book

[24:05] We’ve got a new challenge, a new technological revolution, which is the need for a new, green revolution

Website:

www.BillJaneway.com

CI 143 – Popular Economics with John Tamny

Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn’t have anywhere near the power they’re given credit for, why their policies aren’t effective in today’s world, and why demographics may not be as useful as they’re believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[2:15] How Uber made John realizing something about the Fed

[5:59] The importance of the Fed is vastly overstated

[11:01] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn’t realistic

[13:58] Demographic arguments regarding Japan don’t hold a lot of weight with John

[17:44] Money flows to its highest use, regardless of the Fed

[22:13] Automation is going to lead into a surge in new kinds of jobs

[26:55] The demand for entertainment and service is going to explode

[28:44] Tamny’s Law: as prosperity grows more and more people escape laziness because they find work they love

[30:24] John’s thoughts on Universal Basic Income

Website:

www.RealClearMarkets.com

CI 142 – How Automated Valuation Models Will Change The Way You Invest with Dr Andy Krause

Jason Hartman talks with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down. The two also discuss the wide range of uses AVMs have, how they’re going to be changing moving forward, and how short-term rentals are impacting housing markets across the country.

Key Takeaways:

[1:16] The biggest AVM people know about is Zillow

[2:18] The science (and accuracy) behind current AVMs

[5:11] 2 things that are stopping a database from happening that would significantly improve appraisals

[9:42] How does the AVM come up with a value?

[15:17] What the AVMs do outside of simply valuing individual homes

[17:38] The future of AVMs

[20:57] The effects of the short-term rental market on the overall housing market

Website:

www.GreenfieldAdvisors.com

www.AVMAnalytics.com

CI 141 – How the Blockchain Can Secure Your Real Estate Transactions with Propy’s Natalia Karayaneva

Jason Hartman talks with Natalia Karayaneva, founder of Propy, about how the blockchain can be used in real estate transactions. The main purpose of doing so is that it can drastically reduce closing costs, and potentially eliminate the need for title insurance in the future (if states allow it). Jason and Natalia look at the uses for Propy and how it can be used both in and outside of the United States.

Key Takeaways:

[1:30] How can the blockchain be used in the real estate world?

[8:26] Do countries outside the US needs this more than the US does?

[13:04] Propy is mostly going to be cutting down on closing costs

[14:12] How do you use Propy in real life?

[18:54] What’s the future for Propy?

Website:

www.Propy.com