CI 202: New Construction Available in Jacksonville, FL

Jason Hartman and one of the network’s Florida market specialists discuss the Jacksonville market and what kind of housing is currently available. The two break down a pro forma for one of the available new construction properties and examine why Florida has become such a hot spot for people fleeing both the East and West coast states.

Key Takeaways:

[3:44] Florida is now drawing people from the East and West coast

[5:44] Jacksonville market profile

[9:43] Examining a pro forma of one of the new construction properties available in Florida

[12:16] There are a couple properties available that you could take advantage of in a 1031 exchange

[15:09] People are moving to Jacksonville to be near St Augustine, which is the 2nd busiest place for tourists in Florida behind Disneyworld

Website:

www.JasonHartman.com/Properties

CI 201: Accidental Landlord to Multifamily Owner with Greg Scott

Jason Hartman talks with client Greg Scott about his journey from accidental landlord to an owner of multifamily properties. Greg and Jason examine why people don’t know whether they’re winning or losing, how Greg was able to continue investing through the Great Recession, and what sort of demographics are making being a landlord look better and better.

Key Takeaways:

[2:24] Greg’s journey to becoming an accidental landlord

[6:01] People often don’t know whether they’re winning or losing

[11:08] When you hear about the returns people get from real estate and want to do the same, you have to actually act on it

[12:41] Greg’s plan for his new multifamily facility

[15:27] How worried was Greg when he was investing in property during the Great Recession?

[19:33] Does Greg see the same thing about high rental demand as Jason does?

Website:

www.JasonHartman.com/Properties

CI 200: Short Cuts To Happiness & Happier by Tal Ben-Shahar, Happiness Studies Academy

Jason Hartman talks with Tal Ben-Shahar, co-founder of The Happiness Studies Academy and best-selling author of Happier and the new book, Short Cuts to Happiness: Life-Changing Lessons from My Barber, about how you measure happiness, predictors of happiness and what sorts of things Tal was able to learn from his barber. They also discuss whether Millennials and Generation Z to see if they’ve been coddled too much or if we’ve just learned how to better communicate with them.

Key Takeaways:

[3:05] How do you rate a country’s happiness?

[5:31] There’s only one thing that predicts happiness levels on a national level

[9:50] The hazards of social media on happiness

[11:53] Lessons learned from Tal’s barber

[17:23] How to praise people properly to encourage growth

[20:11] If you don’t teach people to face reality then you’re setting them up for failure

[23:36] The first step toward happiness is, surprisingly, allowing in unhappiness

Website:

www.TalBenShahar.com

CI 199: Solving Unfunded Mandates with Laurence Kotlikoff

Jason Hartman talks with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved.

They also discuss how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don’t make when factoring in their savings.

Key Takeaways:

[1:47] The most recent number the unfunded mandates are going to cost

[8:42] Does Laurence believe in Supply-Side Economics?

[11:51] Consuming your way to prosperity has never worked before and won’t now

[15:10] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public’s response to the start of the Great Recession

[18:54] Laurence’s take on Jason’s 6 ways the government can get out of its hole

[24:25] Is the future inflationary?

[25:52] What do we need to do to plan for the future?

[32:10] How much time it takes to input your data into Maxifi

[35:46] Many people are saving too much for their later life because they’re scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman’s Real Estate Investor Update Alexa Skill

CI 197: When Governments Interfere with Corporations with G Edward Griffin

Jason Hartman talks with G Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable.

Key Takeaways:

[3:23] It can perfectly legal to extract millions of dollars from a company while the shareholders value drops to 0

[6:29] Trying to punish “the corporation” just means that shareholders get hurt

[8:56] How do we hold someone accountable when a corporation does something bad?

[10:44] How to actually make change happen to fix this problem

[13:52] Governments have a perpetual lien on your property. There’s no such thing as owning something “free and clear”

[19:50] What is reasoning behind people like Soros when they pump money into politics?

[22:26] The Fabian Socialist Society believed you took over society gradually

[26:05] At what point is it proper for the state to intervene?

Website:

www.RedPillExpo.org

www.FreedomForceInternational.org

www.RealityZone.com

CI 196: Escalating Deficit & Potential Inflation with Blackstone co-founder David Stockman

Jason Hartman talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan’s failure to curtail spending like he’d originally wanted, the difficulty Trump is having actually “draining the swamp”, the impact of increasing debt on inflation and whether it’s sustainable.

Key Takeaways:

[3:18] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded

[7:00] Trump’s problem was that he recognized the economy was failing but didn’t have a program to address it

[12:04] Does our escalating deficit mean inflation is on the horizon?

[16:26] Is our private debt really that bad?

[20:11] How investors should position themselves for the next few years

[22:59] We’ve learned in the last decade that Central Banks can’t cause inflation on a worldwide basis

Website:

Peak Trump: The Undrainable Swamp and the Fantasy of MAGA

www.DavidStockmanContraCorner.com

CI 195: Client Case Study: Self-Management & Diversification with David Nelson

Jason Hartman has a client case study with David Nelson, who, along with his wife, has amassed a real estate portfolio that has allowed her to retire early to focus on their holdings. David discusses how his cockiness led him into a bad deal, why continual education is important and where his journey is heading.

Key Takeaways:

[5:07] David started getting cocky investing in 2016 and didn’t pay enough attention to his inspection

[20:24] Jason’s group doesn’t do any one off deals

[24:28] How self-management has gone for David so far

[29:18] When you combine education with action you can accomplish nearly anything

[33:01] Why being 80% in on one asset class isn’t necessarily a mistake

Website:

www.JasonHartman.com/Properties

CI 34 – High Occupancy Rates with Military Tenants

Jason Hartman hosts a two-part show where we start with some reflections on the recent “Meet The Masters of Income Property Investing” event at The Hyatt Regency in Irvine, California. Investment Counselors, Ari and Sara join Jason as they discuss the following:

1)   Establish 5 year plan for where you would like to be in 2016

2)   26-27% real unemployment rate

3)   Decline of standard of living for America (ask tenants)

4)   Which entry point are you?

a. Beginning Investor – Optimize rapid growth that can be re-invested for long term compounding
b. Growing Investor – Optimize for stable long term (inflation protected)
c. The short path to retirement – Optimize for low risk and high stability
5) Prime age for spending is 46 years old

6) Gen X is 40 million

7) Gen Y is 80 million people (early 20’s now)

8) New investors should seek returns in the 20-25% range

9) The big problem now is that people are running out of money before they die

10) Social Security will not work (look at Greece). People are living longer too now.

11) Young Investor

a. Huge impact on higher returns early in your investing career (bell curve)
b. New Investors also have the opportunity to cherry pick high return small deals to start their career
12) Investing $1,000 annually (9k) from age 21-30 and letting it compound, or $1,000 per year after 30 years old (35k). Early investor will win.

13) Invest while young and seek safer investments when older.

14) The growing investor

a. Stability matters
b. Inflation creates volatility by disconnecting the nominal (name only) value or real value of assets
c. Income properties are best positioned to create inflation protected, stable growth
15) Investors need to leverage and make debt work for them (redistribute wealth)

CI 33 – Getting Rid Of A Bad Property and Lawyers Are Liars

Jason explores some ways to get out of a bad property then he interviews author/attorney Mark Kohler about his book “Lawyers Are Liars: The Truth About Protecting Our Assets.” Mark is an attorney, CPA and entrepreneur who has owned numerous businesses since high school, through college and even as a professional. Mark’s principal career has been as a partner in the law firm Kyler, Kohler, Ostermiller, & Sorensen, LLP. He specializes in the areas of business, estate and tax planning. Mark owns several commercial real estate projects and loves the people, transactions, and everything to do with real estate. You will be pleasantly surprised at how exciting and interesting a discussion regarding tax and legal planning can be. Jason and Mark will distill complex legal and tax strategies to common layperson terms, adding interesting stories and anecdotes.

Some lawyers, and others who are not lawyers, use fear tactics to sell the unsuspecting public various asset protection structures or strategies that are outright lies. Until now, no other professional has been willing to call out the frauds and cheats in this powerful industry where self-professed experts and do-it-yourself hacks wreak havoc on the innocent just wanting to protect their assets. This episode we will expose the liars. Undoubtedly, this book will become a desktop resource for not only the average middle income American wanting to protect his or her assets, but attorneys, estate planners and financial professionals guiding their clients through this complex area of the law. Learn the best kept secrets in asset protection planning, learn the truth about Nevada corporations, off-shore planning, land trusts and all of the so called silver bullet strategies! Mark and many other great speakers will be presenting at “The Masters Weekend: A Gathering of Experts”.

CI 32 – How To Save On Life’s Largest Expense with Diane Kennedy, CPA

Most of us spend lots of time shopping around for the best deal on the things we buy while spending more money on taxes than anything else. Why not “shop around” to save money on life’s single largest expense? Join Jason as he talks with famed CPA, Diane Kennedy, about the tax strategies of wealthy real estate investors and business people. Diane Kennedy, a preeminent tax strategist, is the founder of USTaxAid Services, a leading tax firm that works with clients throughout the U.S. and founder of TaxLoopholes, an award-winning online tax education site. Diane is the author of The Wall Street Journal and Business Week bestsellers, Loopholes of the Rich and Real Estate Loopholes, and co-author of The Insider’s Guide To Real Estate Investing Loopholes, The Insider’s Guide to Making Money in Real Estate, The Insider’s Guide to Tax Free Real Estate Investing and Tax Loopholes for eBay® Sellers.