1545: Joe Biden's Tax Plan, Debt to GDP, Inflation, Japan George Gammon
Creating Wealth Real Estate Investing with Jason Hartman
Release Date: 09/07/2020
Creating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 605, published December 9, 2015. Personal savings is designed to be built over time. Gold is an asset which may not be growing exponentially, but it continues to hold its value. Our guest, Joshua Crumb, runs the service company BitGold. BitGold is a software-based service which allows users to sign up at no cost and to buy gold or other precious metals at any time and in any amount they choose. Joshua has an extensive background including working for Goldman Sachs in the Global Economy division. He shares his thoughts on inflation, flaws in the federal...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason details a comprehensive seven-year strategy for building significant wealth through direct investments in single-family rental properties. Jason emphasizes that real estate is a multi-dimensional asset class that generates returns through six distinct channels, including cash flow, appreciation, and tax benefits. A central concept highlighted is inflation-induced debt destruction, a process where rising prices effectively reduce the real value of mortgage debt over time. To ensure success, investors are encouraged to use conservative mathematical...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason and Michael Zuber analyze various economic scenarios based on different life stages and income levels. For young adults starting out, they advocate for prioritizing side businesses and increasing income over immediate real estate purchases. As individuals transition into higher-earning brackets, the focus shifts toward paying off high-interest debt and acquiring rental properties to build long-term wealth. The discussion also highlights the financial benefits of relocation, suggesting that moving to lower-cost regions can significantly improve quality of life and savings. Finally, the...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 623, published last January20, 2016. Is there a safe place to invest your money within the Chinese economy? Jason’s guest and author of the new Crouching Tiger book, Dr. Peter Navarro says no. He sees through the beefing up of the Chinese military as a way to distract from the economic failure which is drawing near. China is claiming additional territories and it says it doesn’t want conflict with the U.S., but its strained relations with Japan may force the U.S. into defensive mode. Dr. Navarro says he is surprised none of the 2016 U.S. presidential...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason does a commentary on a video by Kevin O’Leary, who warns of a catastrophic housing crisis driven by a severe supply shortage rather than bad loans. The discussion highlights how median home prices have become disconnected from household incomes, largely due to fluctuating interest rates and the rise of institutional investors buying single-family homes. While the situation creates significant barriers for first-time buyers, the speaker argues that it simultaneously presents a massive opportunity for direct income property investors. Using the Hartman Risk Evaluator, the Jason explains...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason and Michael Zuber explore the "refi till you die" real estate investment strategy, which focuses on accumulating wealth through long-term asset ownership rather than selling properties for profit. This approach mimics the financial tactics of the ultra-wealthy by utilizing tax-free borrowed money from refinanced equity to fund one's lifestyle. By leveraging residential real estate, investors can benefit from inflation-induced debt destruction while tenants effectively pay down the mortgages over time. The strategy emphasizes that debt is a...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 613 published last Dec 29, 2015. Jason ushers us into this episode by taking us through Julie Malinowski’s article “6 Trends Among Landlords and Tips to Outperform the Norm”. He also reminds us there are a few tickets left to the upcoming Meet the Masters event and about the upcoming Venture Alliance Mastermind in Dubai. In today’s guest interview, Alvin E. Roth has written a book about markets. If you are wondering what type of market, as Mr. Roth tells us himself, it’s not important what type of market. It’s the market itself. He guides us...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
In this 10th episode, Jason discusses the significant impact of fraud on the U.S. financial system and expressed concerns about the slow pace of prosecutions, while highlighting positive developments in real estate investment. He introduced a pro forma analysis strategy for property investments and explained new metrics and tools being developed to assess market conditions and inflationary pressures. Jason also covered the implications of the Genius Act on cryptocurrency and the US dollar, promoting upcoming masterclasses and other membership benefits for investors. Jason then interviews...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
Jason and Michael Zuber explore how artificial intelligence and humanoid robotics are poised to trigger a massive era of global prosperity. They discuss predictions from tech leaders that automation will soon collapse the cost of services, potentially replacing universal basic income with "universal high income" as living standards rise. While they acknowledge significant job displacement, they argue that human nature will always innovate new desires and industries, such as the growing alternative collectible market. They emphasize that as technology creates...
info_outlineCreating Wealth Real Estate Investing with Jason Hartman
This Flashback Friday is from episode 569, published last September 16, 2015. So you’ve decided to invest in real estate, what now? Using the checklists provided by Jason and his team you can take things step by step and not miss a thing. Even if this is your first investment you can be certain you are making educated decisions on home inspectors, insurance companies and lenders by using this simple tool. You’ll have your real estate portfolio up and growing in no time. Mentions: Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Call our Investment Counselors at:...
info_outlineEvan Moffic joins Jason Hartman for a discussion on what might change for investors if Biden is elected. Jason poses the question, how will businesses react to the corporate tax plan changes? Also, Biden wants to eliminate the 1031 Tax Exchange.
George Gammon joins Jason Hartman remotely from Saint Barthélemy. What's happening with Japan's debt to GDP ratio, and how can the US compare to this? George talks about the change in the savings rate due to Coronavirus and how it is manipulated.
Key Takeaways:
[1:40] The presidential election is in full swing.
[3:00] Jason talks about Biden's proposal to raise the top income tax rate from 37% to 39.6%. Biden also wants to raise corporate taxes. This will drive businesses away to offshore locations.
[7:00] Joe Biden wants to eliminate the 1031 tax exchange.
[7:40] The Palmer House Hotel, closing. Is there a conversion insight?
[10:45] A majority of young adults live with their parents, which hasn't happened since the depression.
George Gammon
[22:45] Jason opens a discussion on Japanonomics.
[23:55] The US deficit just this year will be the same as the total amount of debt accumulated from 1776 to 2000.
[27:00] George talks about trade surplus.
[32:00] How did Coronavirus change the US savings rate?
[35:00] How has the savings rate been manipulated based on IRS' estimates.'?
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