American Monetary Association

There are many different ways to invest your money. What's the difference between things like REITs and simply purchasing a single family rental? Both of them are, technically, investing in real estate, but only one of them gives you a multi-dimensional asset that you can control.

Jason Hartman dives into the two investments to see the pros and cons of each.

Website:

www.JasonHartman.com/Properties

Direct download: AMA_398_Maintain_Control.mp3
Category:general -- posted at: 12:00pm EDT

When a libertarian is saying it may be time for Universal Basic Income (UBI), does that mean it's come mainstream?

Mike Munger, Professor at Duke University and author of the new book Platforms: The Perils and Promise, joins Jason Hartman to discuss the potential of a $15 minimum wage, and what that would do to the economy vs what a UBI could do. The two also discuss asset prices, monopolies, and what HAS to be fixed with our current version of capitalism.

Key Takeaways:

[2:47] What is the 3rd revolution

[8:17] Why Mike is in favor of Universal Basic Income

[12:48] How do you find the ideal amount of UBI?

[17:19] Asset prices cause inequality

[19:21] Is it time to reexamine what we call antitrust?

[24:10] Capitalism is becoming cronyism in the USA. Is that sustainable?

Website:

www.MichaelMunger.com

Direct download: AMA_397_Munger.mp3
Category:general -- posted at: 8:07pm EDT

Jason Hartman joins Doug Utberg on The Terminal Value podcast to talk economics of the day. The two discuss how you truly grow wealthy in the United States, whether we're really in a low inflation environment, the impact of low interest rates, and more.

Key Takeaways:

[4:05] The REAL way you grow wealthy. There's only 2 ways.

[10:11] There's more inflation that we're being told

[16:10] When you adjust the numbers to current value, real estate has gotten cheaper the last 14 years

[20:57] Low interest rates will kill supply in the coming years as people won't want to give up their low interest rate and move

Website:

www.JasonHartman.com

www.TerminalValuePodcast.com

Direct download: AMA_396_Utberg.mp3
Category:general -- posted at: 5:24pm EDT

Jason Hartman talks with Stephen Leeb, author of the new book China's Rise and the New Age of Gold, as well as The Coming Economic Collapse, about why commodities are in such demand and what that means for investors moving forward. The two also examine how we're going to get 6.5 BILLION people into the middle class.

Key Takeaways:

[3:05] The world is at a turning point

[10:48] Real, physical assets are in short supply and GREAT demand in today's environment

[17:00] Gold has outperformed the S&P by 100% in the last 20 years

Websites:

www.StephenLeeb.com

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

Jason Hartman interviews Matthew Gould of UnstoppableDomains.com. Matthew Gould talks about different domain extensions that liken themselves to early adopters of the new decentralized web. Is China launching its own digital currency with a higher transaction speed, and could this affect the dollar? Gould works to ensure that the people, not the government or the big-tech corporations, get to define the internet in the modern world.  

Key Takeaways:

[2:20] People can move cryptocurrency around easier with over 50 different cryptos. 

[3:30] Gould speaks on the free speech concerns online. 

[6:15] What is DNS? 

[8:40] Is there a modern, blockchain, free speech-oriented hosting platform?

[10:00] Who gets to define what the internet will look like in the future?

[13:00] How are tech institutions a lack of government action?

[16:45] In the 1970s, the US had the best banking system in the world, ex: settlement speed and accuracy. 

Websites:

JasonHartman.com

1-800-HARTMAN

unstoppabledomains.com

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

Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network.

Key Takeaways:

[1:15] Owns a scaffolding business is quite similar to owning a short term rental company. 

[2:10] Triple net leases simply mean that all expenses pass through to the tenant. 

[3:30] Originally inspired by Rich Dad, Poor Dad.  

[7:00] Triple net vs. individual residential real estate. 

[11:20] Anyone with a decent paying job can get past the 16k barrier to entry. 

[14:00] Income property is the most tax-favored asset in America because you can depreciate it. 

[20:30] With a 1031-exchange, you don't need to do the recapture when you sell a home. 

[25:00] Because of the Green New Deal, the cost to develop your average apartment complex is going to go up. 

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_393_Chad_Hewitt.mp3
Category:general -- posted at: 12:00pm EDT

You don’t need a booming housing industry to make money, just a good strategy. Ken poses the question, when the dust settles, which businesses will still be standing, and where will the concentration of people be? Jason Hartman predicts a strain on the housing supply in the not-so-distant future as he postulates that few will be incentivized to get rid of a home loan with such historically low-interest rates. 

Key Takeaways:

[2:00] How much has life changed in the recent 10, 20 years? 

[3:30] The tech companies are likely to be broken up. 

[5:00] You can make money in any environment if you adjust your strategy. 

[10:00] Ken’s tips on how to find deals and evaluate them.

[16:40] Definite move from retail to housing. 

[22:00] There is obvious truth of an asset shortage - as in bidding against 45 other buyers. 

[31:10] City/State revenue comes from Taxpayers. There is a potential for cities to file bankruptcy. 

[37:45] The bubble ‘should’ve popped’ already, but ‘they’ can keep kicking the can down the road. 

[41:25] “I still think there is going to be a crash; it’s just being propped up with money which is going to create inflation.” -McElroy

[43:20] Jason predicts a future strain on housing supply because of so many home purchases with historically the lowest interest rates ever. 

Websites:

JasonHartman.com

1-800-HARTMAN

kenmcelroy.com/jasonhartman

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

Wealth is created with compound interest, making your dollar work for you. Dan Amerman talks with Jason Hartman about understanding, The Homeowner Wealth Formula. Dan says, “one way at looking at the mortgage is that it’s a short against the dollar.” The primary question; is your home an investment? 

Books: The Homeowner Wealth Formula

Key Takeaways:

Daniel Amerman

[1:30] Is your home an investment or an expense? 

[3:30] How can we better understand these home price indices? 

[7:10] The results of the exhaustive research are incredibly positive. Find out more. 

[9:20] “One way at looking at the mortgage is that it’s a short against the dollar.” -Amerman

[14:00] The number one historically proven method for creating wealth over the centuries is compound interest. How does this relate to inflation? 

[21:00] A lot of government programs are “shell games.”

[24:00] We do expect a wealth transfer from boomers to up and coming generations. 

Websites:

http://danielamerman.com/

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_391__Dan_Amerman.mp3
Category:general -- posted at: 12:00pm EDT

Nick Loper of Side Hustle Nation joins Jason Hartman to discuss three different business models, from sales to services, everything from knife sharpening to pooper scooping. Build a side hustle to fund your vacation or fund your next investment property. Nick Loper is host to a podcast and author of a couple of books. His creative approach to building business outside of the standard brick and mortar has inspired thousands. 

Books: The Side HustleThe Progress Journal

Key Takeaways:

[0:45] Nick jokes that one of the best ways to build your side hustle is through a self-published book with extremely long subtitles. 

[3:00] If you’re looking to make money quickly, with the lowest barrier to entry...

[6:30] Who hires a lawn service? Twenty years ago, only 5% hired out. Now, it's closer to 40%.

[10:00] Podcasting still hasn’t reached its full potential. 

[15:45] 500+ Online Resources?

Websites:

JasonHartman.com

1-800-HARTMAN

sidehustlenation.com

Direct download: AMA_390_10th_Nick_Loper_Side_Hustle_Nation.mp3
Category:general -- posted at: 12:00pm EDT

Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?

Saif continues discussing the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation?

Key Takeaways:

Saifadean Ammous, author of The Bitcoin Standard

[1:00] Money has three basic functions of money:

[3:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?

[8:00] Why would the government let Bitcoin exist?

[17:00] Have you been bitten by the Bitcoin bug? 

[17:25] Could the government make Bitcoin illegal?

[29:45] Is there a distinction between time preference and the time value of money, aka inflation? 

[31:45] Saifedean’s wife sells the chair he’s sitting on out from underneath him. 

[32:10] Art on the gold standard, will it stand the test of time?

[41:20] “A lot of people prefer to laugh than to think.” -Saifedean on Hedonism

Websites:

https://saifedean.com/

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_Saifedean_Ammous_Bitcoin_Standard.mp3
Category:general -- posted at: 9:00pm EDT

Jason Hartman talks with Stanford University, Professor of Economics, Dr. Nicholas Bloom. Bloom and Hartman discuss the significant economic changes in the US economy as well as social changes. How has the work from home trend grown through pandemic times, and are employees more productive in this environment? Will this work from home trend continue to give people reason to leave exhaustingly expensive homes in the city?

Key Takeaways:

[2:25] Working from home has absolutely exploded, from 5% to 60% at the peak of the pandemic. 

[3:10] Geography is less meaningful than ever in US history. 

[6:10] San Francisco has a sort of rental apocalypse due to the pandemic. 

[8:50] Working from home has already been on an upward trend. 

[16:00] The best way to fix the economy is to eliminate the virus. 

[18:30] Big tech never set out to censor what’s online.

[23:00] Are people more or less productive working from home?

[25:15] Are we to expect inflation due to all of the money printing?

Websites:

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_Dr._Nicholas_Bloom_Stanford_University.mp3
Category:general -- posted at: 9:00pm EDT

Jason Hartman talks with New Zealander and the founder of Landlord Studio, Logan Ransley, who shares his findings from his companies residential real estate index report. Rental reports don't show the same grim eviction rates that 'click-bate' portrayed through the 2020 pandemic. What are the realistic rent collection rates?

Key Takeaways:

[1:30] Real Estate felt grim mid lockdown. 

[4:00] Rental reports don't show the same grim eviction rates that 'click-bate' portrayed through the 2020 pandemic. 

[5:00] Rental graphs being depicted based on numbers of 10,000 active leases. 

[8:20] What percentage of rent REALLY being collected, and how late?

[11:20] "Although the rent was taking longer to be connected, it was still being collected at the same rate."

Websites:

landlordstudio.com

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_387_Logan_Ransley.mp3
Category:general -- posted at: 9:00pm EDT

Jason Hartman talks with Jim Richards, author of The New Great Depression. Jim shares his discoveries about the lockdown, the stock market's influence, and asset bubbles vs. asset inflation. 

Jim Rickard's Book: The New Great Depression

Key Takeaways:

[3:20] You cannot understand The New Great Depression without looking into the pandemic. 

[4:00] "What I discovered was that the scientists don't agree with each other."

[10:25] Have the lockdowns killed more people than they have saved?

[16:00] The stock market no longer bears any relation to the real economy. 

[20:00] Did the lockdown cause a pent up demand?

[24:00] Asset bubbles or asset inflation?

[25:35] What causes inflation? 

[28:45] Your Keynesian multiplier works up to a debt to GDP ratio of about 90%.

[33:20] Why buy gold and silver if you're not afraid of inflation?

[36:25] Bitcoin, will it ever have a chance of being a global currency or taking over the dollar?

[44:00] Millions of people are migrating out of major cities; where are they going?

Websites:

jamesrickardsproject.com/

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_Jim_Rickards.mp3
Category:general -- posted at: 9:00pm EDT

Investment Counselor Adam talks to one of the lenders in the Jason Hartman network about what's going on with interest rates these days. People are locking rates below 3.5% on properties $100,000 and up! With rates being at a historic low, what is the timeline on closing a deal?

Website:

www.JasonHartman.com/Properties

Direct download: AMA_Mortgage_Update_With_Adam_2021_Jan.mp3
Category:general -- posted at: 12:00pm EDT

New Year, New Goals, Same proven asset class! Jason Hartman invites you to celebrate with him another fantastic year of prosperity for all real estate investors practicing some of Hartman’s proven investment techniques. Following the celebration, we must look for the “what next” plan or goal. How do you build your goals? Do you write them down? Do you create realistically achievable goals? 

Contest:

jasonhartman.com/contest

Key Takeaways:

[1:30] Let’s celebrate our prosperous year of 2020 and look forward to another great one to follow. 

[5:00] The Hartman Stimulus Payment CONTEST

[8:45] Be a self-sufficient person.

[10:00] 80% of Americans do not have goals, and even fewer have written them down. 

[10:40 New Years’ Resolutions are so cliche. 

[12:15] A goal should be just out of reach but not out of sight. 

[15:20] The Winner of the 5-Year Plan Video Contest

[15:40] Winner, Michelle, laid out how she and her family intend to achieve their income property goals. 

[21:20] It’s the kind of person we become just by trying. 

[22:00] SMART Goals

[23:00] Smartsheet from monday.com

[26:50] Balance out your portfolio. 

Websites:

jasonhartman.com/sweethome

jasonhartman.com/protect

JasonHartman.com

JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

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

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