This is Coronavirus 411, the latest COVID-19 info and new hotspots for October 26th, 2021. New travel guidance from the US government. Most travelers to the United States are required to be vaccinated, however if you're from a country that has a shortage of vaccines, you for some reason don't have to be. Airlines must get contact info on passengers for contact tracing. And starting Nov. 8, all travelers must be tested, even if you're fully vaccinated, to get on a plane bound for the US. Moderna says a study in kids 6 to 11 found two doses of their vaccine given 28 days apart produced a strong antibody response. The study was done using a half dose of the adult vaccine. The company will submit the data to regulators in an attempt to win authorization of the vaccine for children in that age range. As with many things, there is no debate about giving children vaccines in China. With 76% of the population fully vaccinated and a zero-tolerance policy toward outbreaks, kids as young as 3 years old will start being vaccinated in at least five provinces. What's the best way to incentivize people to get vaccinated…you know, other than avoiding going on a ventilator? A study out of North Carolina says it's cash. Guaranteed cash incentives slowed the decline in vaccine rates by half where offered. Researchers said rewards are especially effective if given immediately after the desired behavior, which is why some vaccine lotteries have not been effective. A little bad news for some of you, and you know who you are. Researchers at the National Institute on Drug Abuse say regular use of marijuana can increase your chances of getting a breakthrough COVID infection. In fact, the study showed cannabis was the only substance that increased the risk based only on the substance and related behaviors. In the United States cases were down 25%, deaths are down 13%, and hospitalizations are down 19% over 14 days. The 7-day average of new cases has been trending down since September 13. There are 9,388,349 active cases in the United States. With not all states reporting daily numbers, the five states with the greatest increase in hospitalizations per capita: New Hampshire 54%, Vermont 31%, Maine 28%, Rhode Island 19%, and Colorado and Alaska 16%. The top 10 counties with the highest number of recent cases per capita according to The New York Times: Goshen, WY. Boundary, ID. Humboldt, NV. Bethel Census Area, AK. Carbon, WY. Nome Census Area, AK. Stark, ND. Inyo, CA. Fremont, WY. And Park, MT. There have been at least 737,316 deaths in the U.S. recorded as Covid-related. The top 3 vaccinating states by percentage of population that's been fully vaccinated: Vermont at 70.9%, Rhode Island at 70.4%, and Connecticut at 70.3%. The bottom 3 vaccinating states are West Virginia at 41%, Idaho at 43.4%, and Wyoming at 43.5%. The percentage of the U.S. that's been fully vaccinated is 57.4%. There were only three countries with a 24-hour increase in the number of fully vaccinated people; India up 2%, and Oceana and Indonesia 1%. Globally, cases were down 2% and deaths were down 4% over 14 days, with the 7-day average trending down since October 22. There are 17,893,223 active cases around the world. The five countries with the most new cases: The United States 48,771. Russia 37,930. The U.K. 36,567. Turkey 27,663. And Ukraine 14,634. There have been at least 4,954,274 deaths reported as Covid-related worldwide. For the latest updates, subscribe for free to Coronavirus 411 on your podcast app or ask your smart speaker to play the Coronavirus 411 podcast. See acast.com/privacy for privacy and opt-out information.
On this episode of The Leadership Locker, Rich talks about how success is not guaranteed, but the struggle is. ----- https://richcardonamedia.com/personal-branding/ (Personal Branding | Rich Cardona Media) ----- Connect with Rich: http://www.rich-cardona-media-2.local/ (Website) https://www.linkedin.com/in/richcardona/ (LinkedIn) https://www.instagram.com/richcardona_/ (Instagram) https://www.facebook.com/richcardonamedia/ (Facebook) https://www.youtube.com/channel/UCBEz_sleZ4_PtqTwmMIj7Fw (YouTube) ----- https://rocketstation.com/ (Rocket Station) email@example.com
Tony Robinson OBE has embarked on a tour of 70 talks in 70 towns to raise money for ExcludedUK and we brought the legend himself to sunny South Shields. Tony gave his 'Who wants to be a Happipreneur?' talk and we recorded this just for the podcast... Tony's talk includes; - Of interest to all who want to be, or help someone else to be, more enterprising and happier in their work - Tony created the 'tongue in cheek' philosophy of Happipreneurship in the new 'Small is Beautiful' - the 5* rated 'The Happipreneur:Why MicroBizMatters? and it's now a thing. - Charles Dickens is Tony's role model Happipreneur but if he remembers he may mention some of the famous entrepreneurs he's met, and learns from. are too - including Kanya King CBE (his inspiration), Charlie Mullins OBE his #MicroBizMatters Tsar, Sir Jim Ratcliffe (his schoolmate) and Lord Sugar (once a client). - Tony explains how key decisions in his riches to rags journey allowed him to stumble into evermore happier and enterprising work life. - Guaranteed to be controversial and as Brad Burton, the UK's Number One Motivational Speaker says on the book cover "If you want the truth go to the 'Dickhead' in the red-feathered hat". Industry Angel Twitter Industry Angel Website Podcast Sponsors;- Far North Sales & Marketing Carpeway MrFarrar.com
28th Ward Alderman, and Black Caucus Chairman, Jason Ervin joins Steve Bertrand on Chicago’s Afternoon News to explain why they are urging Mayor Lightfoot to stop her plan for a guaranteed minimum income pilot and reallocate those funds toward violence prevention. Follow Your Favorite Chicago’s Afternoon News Personalities on Twitter:Follow @SteveBertrand Follow @kpowell720 Follow @maryvandeveldeFollow […]
Demand for Guaranteed Retirement Income Is Surging India's inadequate social security has seniors looking to their homes Incoming CFPB Director Invites Hope, Fear from Mortgage Businesses
You want success in your coaching business you can almost taste it. You see how powerful a podcast can be to reach your potential clients, and you want the help to guarantee that success BUT … something is in the way.Thoughts like, it's too much work, I don't have time, I'm not ready get in the way and the biggest obstacle is your lack of trust that you can 10000% make what you want a reality. You dabble with free stuff, trying to figure it out on your own, you take the free courses and coaching programs, and get the checklists and guides, and tuck them away and say "later." ... later never comes.You're fearful of putting skin in the game to invest in yourself by hiring a coach, and so the success you want remains a wish because you don't know how to get there.You keep trying the same thing expecting different results. Great coaches have coaches, because they have discovered that a return on investment that compounds overtime is possible, and that's the insurance to reach the success they know is guaranteed because they are driving the bus. Once you get a taste of this there's no turning back. Your belief skyrockets and what you invest becomes irrelevant because you know you'll compound what you put in. For the first few years of my business I was seeking the golden ticket, piecing together the free stuff, the courses and I listened to all the "experts."I thought ... "If I just get all the strategies, the swipe files and checklists, and I follow them exactly, I'll figure this shit out." I stayed in this kind of scarcity without even knowing it, and the looping thought was: "When I start making money in my business, then I'll be ready to hire a coach." Instead of: "When I hire a coach, then I'll start making money and have the success I want." Scarcity and worry about not having enough was the mantra in my head and I kept creating the same problem because I could not see that I was the one creating the obstacle.When you view hiring a coach as an investment instead of an expense, you begin to trust in your own power to compound your investment because you put your chips on YOU.Can it be scary? Sure. That's what it means to be an entrepreneur. If you want to make your business work, you get help.I say all of this with total love because I know the pain of denial in my own business journey.Once I began investing in myself, that's when the shift began, and it happened fast.I held my breath and jumped in. The water was cold and a little shock to my system, but it was exhilarating too because I knew it was exactly the thing I had to do.Finding the money became a non-issue because I created the safety in my beliefs that I could create more. What you want is so close. You just have to move over and get out of your own way. If money was not an issue, and the success you want is 100% guaranteed, what would you do? Sending you so much love and support, and when you jump I'll be there to catch you.
In a previous episode, my recent guest, Justin Woodall shared that he had doubled his business. However, while that's certainly impressive in and of itself, he didn't stop there. Quite the contrary, Justin explained that he doubled his business, all while halving his working hours. How did he do it, and more importantly, how can you replicate it? What are the tactical steps towards building and scaling a business that continues to achieve unbelievable results, without needing to be an active part of it? In this episode, I'm outlining the roadmap to not only grow your business, but scale it in a sustainable manner. You'll also learn; One hire GUARANTEED to help you double your business How to re-think the cost of hiring The importance of recommitting to your business as you create leverage Why an exit strategy is non-negotiable, even if we're planning to stay in production If you want to continue the conversation, here's what you can do to get started today: 1. Subscribe to Real Estate Team Builders Podcast (https://bit.ly/2W9Cc3r) Learn real world solutions to the challenges we face as entrepreneurs navigating the changing landscape in the real estate industry. 2. Join our Private Community on Facebook (https://bit.ly/3i1FG0q) Network with growth oriented real estate agents and team leaders who are ready to make the shift from agent to business owner just like you. 3. Learn more about our NEW Graduate Program (https://bit.ly/3iJoETN) Impact driven coaching, training and implementation support to help you scale your business while working less hours. No risk. 100% results guaranteed! 4. Partner with Real Estate B-School at eXp Realty (https://bit.ly/3x2zoC7) Scale your business, expand your wealth and build massive residual income by partnering with REBS and eXp Realty. Connect with us on Social Media https://web.facebook.com/RealEstateBSchool/ https://www.instagram.com/realestate.b.school/ https://www.youtube.com/channel/UCQb9X4jfexgj83_ms2WRZ7g https://www.linkedin.com/company/real-estate-b-school/ https://twitter.com/RealEstateBSch1
Cat and Dan are back to cover the highlights from the last week of cricket. They discuss: - Salad spinners v wrist spinners - Cricket Australia's intellectual property theft - Scott Muller 2 Factor Authentication - Plus, the most obscure Hitch-Hiker's Guide to the Galaxy reference you'll hear in any cricket podcast this week. Guaranteed.
How to Make GUARANTEED Profit with OddsJam's +EV and Arbitrage Sports Betting ToolsIn this episode of a Fantasy Football Podcast by the FF Faceoff, Anthony Cervino (@therealnflguru) will show you how to make $1000s RISK-FREE using OddsJam's Arbitrage Sports Betting Tool in 2021. OddsJam is one of the best and most profitable tools I have ever come across. It gives you the mathematical edge over the book and you don't need to be a mathematician to use it and make a guaranteed profit!Go to OddsJam NOW and Tell them Anthony Cervino sent you: www.OddsJam.comWe are giving away a signed and certified Terry McLaurin jersey for FREE!Click the link to enter: https://fffaceoff.com/terry-mclaurin-signed-jersey-giveaway/NFL Nuggets:Aaron Jones (ankle) was limited in Wednesday's practice | Dalvin Cook (ankle) did not practice Wednesday | Teddy Bridgewater (concussion) did not practice Wednesday | Melvin Gordon (leg) did not practice Wednesday | Rams TE Tyler Higbee (ankle) was removed from the final injury report and will play Week 5 | Josh Jacobs |(ankle) was limited in Wednesday's practice | Packers sign LB Jaylon Smith | Buccaneers Giovani Bernard (knee) returned to a limited practice Wednesday | Rob Gronkowski (ribs) was sidelined for Wednesday's practice | Dolphins CB Byron Jones (quad, Achilles') was sidelined for Wednesday's practice | DeVante Parker (shoulder) was limited in Wednesday's practice | Browns TE David Njoku (knee) is not practicing Wednesday | Bengals WR Tee Higgins (shoulder) returned to practice Wednesday | Titans WR Julio Jones (hamstring) was sidelined for Wednesday's practice | Bengals RB Joe Mixon (ankle) is not practicing WednesdayHere is Today's Sponsor:1. MatchBets (Promo Code: FACEOFF)ALL NEW USERS will get 100% first deposit match up to $1000 — must deposit 50 to get bonus GET BONUS: https://bit.ly/MatchbetsFaceoff2. Underdog Fantasy (Promo Code: FACEOFF) All NEW USERS will receive a $10 sign up bonus when they deposit $10Link to join: https://play.underdogfantasy.com/p-ff-faceoff***Don't forget to engage with Anthony, Mike, and other viewers like you in our Live Chat. Hey! We built a website: www.fffaceoff.comJOIN FF Faceoff Discord and connect with Anthony, Mike, and the rest of our community: https://discord.gg/hEYgqxcvYjFind all the happenings surrounding Anthony and the FF Faceoff all in one spot: https://linktr.ee/fffaceoff2021 Fantasy Football Running Back Sleepers: https://thegameday.com/24423/article/2021-nfl-fantasy-football-rb-sleepers/Anthony was the 8th most accurate expert in the FantasyPros ECR Sleeper Competition: https://www.fantasypros.com/2021/07/fantasy-football-sleepers-most-accurate-expert-picks-in-2020/Anthony is the 45th best (out of 778) NFL Betting Expert at TallySight for the 2020 NFL regular season: https://tallysight.com/analyst/anthony-cervino/NFL/2020-21-regular-season Check out the FF Faceoff's Merchandise at Veridian Global: https://veridianglobal.com/collections/ff-faceoff#NFL #NFLWeek1 #FantasyFootball--------------------------------------------------------HOUSE-KEEPING---------------------------------------------------------------Here is today's sponsorwww.manscaped.compromo code: FACEOFFGet 20% off your order!Email Anthony and Mike -- firstname.lastname@example.org Be sure to Follow us on Twitterhttps://twitter.com/fffaceoffhttps://twitter.com/therealnflguruhttps://twitter.com/theffrealistDon't forget to follow us on Instagramhttps://www.instagram.com/thefffaceoffFind us on Facebook!https://www.facebook.com/FFFaceoff/Join our Facebook Grouphttps://www.facebook.com/groups/2213414128877661/?ref=pages_profile_groups_tab&source_id=918684538289626SUBSCRIBE to dominate your competition https://www.youtube.com/thefffaceoff?sub_confirmation=1LISTEN on Apple iTunes https://itunes.apple.com/us/podcast/the-ff-faceoff/id1340277737?mt=2Subscribe on Google Podcasts https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Ioht3362q3s5ov4bqj4nigpf2xi?t%3DThe_FF_Faceoff%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16-------------------...
Have a conundrum that needs solving, or at least fresh ideas? The guys take on a complicated debate for Pearson M, who is soon moving to Guam. Then, Dan M. is now infected with the disease, and is looking for a good newbie project car. Social media questions ask for the guys' favorite Bond car chase, why do many modern cars have squared-off edges around the wheelwells, and why do they also have huge grilles? Seasons 1-8 are available on Amazon Prime and Vimeo worldwide, with Season 9 coming soon. Please rate and review us on iTunes, and the TV show on IMDB and Amazon. Write to us with your Car Debates, Car Conclusions, and Topic Tuesdays at email@example.com or everydaydriver.com. Share the podcast with your car enthusiast friends!
God in Christ guaranteed for His people His love, both in this life and in the life to come.
I've heard hundreds of "fast hacks" for building your coaching business from every Guru on the earth! 99% of the time it's a disguised pitch for an online course. When I look back at how I did it, there is only 1 really tried and tested proven way to grow your business. Read books!!!! Now before you start rolling your eyes, let me explain. I read the books of everyone who does what I do, but is just a bit further down the track than me. I find awesome little things to try. When I try something and it works, I teach it!! It's that simple. If you are interested in writing a book, check out this crazy cook workshop that I created. Click here: https://www.10minutebestseller.com/writeyourbooknow Get More Involved: Leave a 5 Star Review 7 Subscribe On iTunes: https://podcasts.apple.com/us/podcast/authority-factor/id1516170809 Free Roadmap To Building A 7-Figure Coaching Business: https://www.AuthorityFactor.info Access All My Stuff: https://www.KenDunn.com Book Me To Speak: https://www.KenDunn.com Subscribe on YouTube: https://www.youtube.com/c/kendunnauthorityfactor
McAlvany Weekly Commentary Digital Rocks? Remember the Pet Rock? Interest rates creeping up – Inflation Fears? FED Presidents Rosengren & Kaplan (Forced?) to Resign The post Artificial Bliss: FED Strong Arms The markets As Guaranteed Buyer appeared first on McAlvany Weekly Commentary.
Insurance companies are struggling to offer competitive yields on the annuities and cash value life products. The industry is stretching by taking more risk. So, are insurance products really guaranteed?We also ask why mutual fund firms continue to offer expensive actively managed funds when the evidence is overwhelmingly against their future sucess.Caller want to know:The best way to pay for a major home improvement?How to defer capital gains taxes on an investment property sale?Our favorite sources for investing advice?
In this episode, The Annuity Man and Mr. FIA-X discuss: Running away from lies and half-truths “Guaranteed increasing income” and other misleading statements Knowing how much you'll really earn Why people choose annuities Key Takeaways: If anybody tells you that what they're selling has “no downsides” - run away, don't listen. Everything they're telling you will probably be a lie. How you state things matter, and how you decipher them matters. When selling annuity products, never mislead people. The old rule still applies: if it sounds too good to be true, regardless of who's pitching it, it probably is. People choose to go for annuities because they want to transfer risks. "They're [annuities] gonna give you a better than average chance at a better than average return…" — Mr. FIA-X Connect with The Annuity Man: Website: http://theannuityman.com/ Email: Stan@TheAnnuityMan.com Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!
A fun Monday, with a droll theme, revolving around 61A, Guaranteed ... or where you can find the ends to 17A (POLEVAULT), 23A (PENNANDTELLER), 37A (DAYLIGHTSAVINGS), and 50A (BOTTLEDEPOSIT), INTHEBANK. One of the more interesting clues was 51D, River of forgetfulness, in myth, LETHE, interesting because just two days ago we had a reference to the Greek goddess of memory, MNEMOSYNE. Coincidence? Ha! More likely the work of clever and indefatigable editor Will Shortz. Thank you, Will!
Super excited to share this Live Stream Master Class with you guys! If you are a beginner, intermediate, or advanced livestreamer you are going to find amazing value, info, tips, best practices, and a whole lot more in this podcast episode. Guaranteed! Personal Branding Coach. Ask a Personal Branding Coach Anything! How to build your personal brand. Need a Job? Struggling to grow and/or start your online business? Want more leads, more customers, more attention from the right people? Get all the answers you need about Career Advancement, LinkedIn, Online Business, Branding, Messaging, Online Presence, and MORE!! This is series where people, just like you, who want to advance their career and grow their business ask me, Personal Branding Coach, questions live on the air. I am really a huge fan of this format and I know the answers I give to some of the questions asked will relate to you and help you as well. Let me know if you would like more of these and if they were helpful. If you want to join us LIVE for this series and have your questions answered live then make sure you follow the hashtag #neznation on LinkedIn and you will get notified when we broadcast. You can also subscribe to us on YouTube and hit that bell notification so you get notified when we go LIVE. Also, follow us on Twitter, Facebook, and Twitch @professornez if you prefer watching streams on those platforms. See you there! All The Products and Livestreaming Gear I Personally Use: https://www.amazon.com/shop/professornez?listId=2DTAA4AZBBRBL Check out this personal branding master class below and learn exactly how to get the attention you need for your business, career and brand. If you follow these tips, you will see results. Everything I speak to, I have implemented for myself and my own business. You won't be disappointed. Get Your Question Answered Live on Air, Right HERE: QUESTIONNAIRE FORM: https://forms.gle/pMYFLVoA8UCTQAvK9 BECOME A #NEZNATION INSIDER: https://www.professornez.com/insider Get Your Personal Brand That Makes You Money Today, right here: https://beyondtheboxacademy.com/p/personalbranding Get Private, One on One Coaching From Professor Nez, right here: https://www.professornez.com/consulting The Livestream Software I Exclusively Use: https://streamyard.com?fpr=neznation MY VIDEO, PODCASTING AND LIVESTREAMING SETUP: https://www.amazon.com/shop/professornez Join the Podcast/Livestream chat: YouTube.com/professornez Or: https://www.professornez.com/videos Come say hey: https://www.professornez.com/ Reach out to me anytime here: firstname.lastname@example.org Hit me up on Twitter if you have any questions: @professornez Thank you so much for listening! Please write us a review on Apple Podcasts if you got any value from these podcasts. It would mean the world to me. Thank you
Thinking about my business progress got me thinking about the power of inevitability.Every dream starts with an idea and I know there are four key phases that turn those dreams into reality.It's that process that we go through when it comes to faith, self-belief, and each of the steps that are required for us to achieve the results and the outcomes that we are looking for in our businesses.The inevitability to be clear, does not happen five minutes before you're about to reach your goal.I really hope that you take this and run with it.Highlights [03:37] The first vital phase[07:55] It's not just about the doing[10:47] The only way to keep moving up the frequency[13:50] How to accelerate the speedQuotes“What is really interesting is frequently people will invest because they want it and they're hoping for it to be true, but for whatever reason, they still haven't decided the outcome is possible for them.”“ Each investment required me to have a deeper level of belief that I was doing the right thing, a deeper level of belief in myself.”“If you have decided that your big goal is inevitable, the failures and the challenges that you experience are so much easier to deal with.”LinksFind Suzy on InstagramFind Suzy on FacebookFind Suzy onlineRead Transcript hereFaith + Action = Miracles
What would you think if there is a way in life that could guarantee you promotion? Well there is! God has revealed in His word a way to experience honor and exaltation. This is a episode that you MUST HEAR!Support the show (https://www.Cash.app/$JesseECanty)
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Guaranteed to jack you up! Join Reneé, John Paul, and Travis as they discuss Robert Rodriguez's 1998 sci-fi horror film "The Faculty." Please consider supporting the show on Patreon: https://www.patreon.com/thepodmortem Where to listen to the podcast and follow us on social media: https://allmylinks.com/thepodmortem Follow us on Twitter: https://twitter.com/thepodmortem https://twitter.com/bloodandsmoke https://twitter.com/realstreeter84 https://twitter.com/travismwh What would you rate The Faculty and what should we watch next? Email us at firstname.lastname@example.org "Pod Mortem Theme" written and performed by Travis Hunter. https://youtube.com/travismwh
Brent, Austen, and Kasey give their Thursday Night Football Picks, then talk about Shoes, and who's Guaranteed to Grade a Winning Effort on Sunday?
Uber Lyft Drivers and Gig Economy Workers Weekly News & Interviews: This week I have Bryce Bennet on the podcast. Bryce is CEO/Founder of SOLO, based in Seattle. Solo believes that the more information you have the better decisions you'll be able to make with your time. This transparency of information will help you earn more consistently and in less time; bringing greater stability to your professional life. Together, we can start to take the guesswork out of gig work and eventually tackle some of the other important problems (like taxes, benefits and insurance) that you face everyday. We hope you join us in building the Solo community. Ready... Set... Rodeo!!!!! Thank you to our sponsor Curri! Sign up to drive for Curri using this link: https://drivecurri.app.link/fom2uFMcCib SOLO links: Web: https://www.worksolo.com Twitter: https://twitter.com/worksolo Curri links: Curri website: https://www.curri.com/ Curri Twitter: https://twitter.com/curri Curri Facebook: https://www.facebook.com/login/?next=... Curri Instagram: https://www.instagram.com/teamcurri/ Curri LinkedIn: https://www.linkedin.com/company/1875...
Well It's for real this time, it is gone. and we don't know if we should cry or celebrate. Mike made a huge discovery with the help of steve. And Steve got lowkee prepped for some work. Mike and Steve are drinking Founders Backwoods Bastard, a Barrel aged scotch ale. Sent to us by Jason and Chris of the Wheeling Wine and Whisky podcast. thank you guys. Https://www.Patreon.com/totaloffroadpodcast https://www.youtube.com/channel/UCbBDXMM-smPx9Ct44sRBY6Q www.instagram.com/total_offroad_podcast www.instagram.com/low_kee_xj www.instagram.com/offroad_ian https://www.snailtrail4x4.com/snail-trail-4x4-podcast/
Bonjour, today I will teach you how to read and pronounce the letter 'E' in French! Why is it tricky? Because we often drop it when reading and speaking! Know these rules to improve your pronunciation and comprehension. Don't sound clumsy! Please go to my FB page speak French avec moi for the transcript!
*** Show Notes ***The Clothing Brand Marketing System: https://clothingbrandmarketing.com/Design Crowd (DISCOUNT CODE - "APPAREL"): https://www.designcrowd.com/apparelBook A Brand Review: https://www.apparelsuccess.com/Facebook Group: https://www.facebook.com/groups/243380772810772/QUESTION — Have a question about how to run your clothing brand? Post in comments section of this video!About This Video:In this episode of Apparel Success, Rob talks about what NOT to do to market your clothing brand providing you with key business development and networking tips. Rob discusses the proper way to approach guerrilla marketing on social media platforms such as Instagram and TikTok. There is a very fine line between appropriate and inappropriate social media marketing. Contrasting the wrong way to promote your clothing brand from the right way to promote a clothing brand. Use this as a guide for your guerrilla marketing strategies. This video applies to clothing brands, fashion brands, streetwear brands, tshirt businesses, print on demand (POD), dropshipping and beyond!
Welcome to Boostly Podcast Episode 338. This is a recap of my Facebook live where I talked about a guaranteed way to get more Airbnb bookings. 00:00 Start 01:20 How to get AirBnB bookings 03:40 Take advantage of dynamic pricing software • https://Boostly.co.uk • https://Boostly.co.uk/5steps • https://instagram.com/boostlyuk • https://Boostly.co.uk/guidebook • https://Boostly.co.uk/website • https://Boostly.co.uk/podcast
This post was authored by Rosanne on Rosanne Austin. There is a specific belief system that will sabotage your dreams on this journey (and just about every other aspect of your life), GUARANTEED. It's called lack and scarcity. Learn what this mindset scourge is and how it might be hiding in plain sight in your life. Once you see it, you won't be able The post EP132 Lack & Scarcity: Name It appeared first on Rosanne Austin.
> 23 appearances in Forbes > 9 Time International Bestselling Author > World-renowned speaker in over 39 countries > Awards from Senate, Assembly, the White House and President Obama > Started a software company in 1985 at the age of 19 > Pioneer on the internet since 1994 and invited member to Amazon Influencer and Linkedin Advisor programs > Featured expert in over 22 National and Local TV - ABC, NBC, FOX, CBS and more > Featured in 3 motivational movies > Global leader serving thousands of clients around the world to reach millions with your message
The Bishop Sycamore Alumni Edition. Theater kids are built differently. When ghetto meets the U.S. Open. Guaranteed to join a cult. Plus, Jake Paul, Lil Nas X, The Hollywood Dime, Black People Newz, Un-Fun Fact Trivia, and much more! www.beyondserious.com
The theme this week on the One Minute Retirement Tip podcast is: new research that will shatter your expectations about spending in retirement. Research data reveals that retirees are likely to match their spending to their guaranteed income sources in retirement and show a strong aversion to dipping into their portfolio for income. Could you match your spending in retirement to your guaranteed income sources or will you dip into your investments to supplement your guaranteed income sources in retirement? Now it's important to state that this is based on an average of a group of people with very diverse spending habits, so whether you're more likely to preserve and grow your assets in retirement, or spend 4% of your retirement portfolio each year to supplement your guaranteed income sources, there is no right or wrong method here. Someone who just spends their guaranteed income sources in retirement and let's their million dollar investment portfolio grow to 2 or 3 million over their retirement years, may not be enjoying life or retirement in a way that's fulfilling, deferring enjoyment of their retirement years by not taking the trip or not buying a more reliable car when they really should spend some more money. But there are only so many years that retirees can enjoy an active retirement and it may lead to regret later on, realizing that you spent your retirement years in a way that didn't bring any meaning or fun. On the other hand, someone who is supplementing their guaranteed income sources in retirement with spending from their portfolio needs to be very careful to not spend down their assets. Many people who are spenders may load themselves up with a boat, RV, or a beach house that cost money upfront and also cost money to maintain over time. Or they go on expensive vacations, buy a golf membership, and eat out and buy new and expensive clothes and shoes. Or maybe all of the above. Can your portfolio sustain your spending habits even if inflation increases or there's a drop in your portfolio value? Retirees who are spending down their portfolios still need to remain flexible with a willingness to cut spending and ensure that they don't lock themselves into too many expenses that can't be sustained over time. The takeaway here is to know thyself. Are you likely to show a preference for preserving assets in retirement, or preserve your spending in retirement, choosing instead to draw income from your portfolio? That's it for today. Thanks for listening! My name is Ashley Micciche and this is the One Minute Retirement Tip. ---------- >>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/ ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance
Joining me today to talk business growth and help out a fellow business leader on The Virtual Hotseat is Simon Severino. Simon has a pretty impressive skill set that he uses to help business owners in SaaS and services to double their revenue in just 90 days. In fact, he not only helps, he GUARANTEES it! He's the CEO and founder of Strategy Sprints which is a global team of certified Strategy Sprints® Coaches which offers a customized strategy to help clients gain market share and work in weekly sprints which results in fast execution. He is also a Forbes Business Council Member, a contributor to Entrepreneur Magazine, a member of Duke Corporate Education and host of The Strategy Sprints Podcast. Plus we help out another business leader on The Virtual Hot Seat where we're answering the question... “How do you create repeatable and scalable services that clients want to buy, pay a premium for and gets them results?” Click here to listen / watch the Virtual Hot Seat with Stefan Mentioned On This Episode Grab Your Free Revenue Multiplier Calculator The Growth Accelerator Implementation Programme Visit Strategy Sprints Website Connect with Adam on LinkedIn Connect with Simon on LinkedIn Get My Free Book Conversational Relationship Marketing Get More Free Business Growth Resources on The B2B Growth Think Tank Listener Gift Page
Jason Hartman joins us to talk about how young investors can navigate the current housing market and succeed. We cover inflation - what it is, what it does, and how you can use it to your advantage as an investor; how to think about debt; his favorite asset class; his strategy for financial perpetual motion; and how to think about mitigating risk. Jason's Site: https://www.JasonHartman.com Free Book: https://www.PandemicInvesting.com --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: Hey, everyone, and welcome to another episode of the remote real estate investor. I'm Michael Albaum, and today I'm joined by a very special guest, Jason Hartman. Jason is the founder and CEO of the Hartman media company, as well as the Jason Hartman foundation. He's a longtime real estate investor, and also host of the creating wealth podcast. And Jason's gonna be talking to us today about some real estate tips and tricks he has, as well as how to use inflation to our advantage. So let's get into it. Hey, Jason, super excited to have you on the show today. Thank you so much for taking the time to hang out with us. Jason: It's my pleasure, good to be here. And we're going to talk about one of my favorite topics, that is a topic most people hate, because they don't know how to use it. for their benefit. We're going to talk about how right all the listeners today and the viewers can use it for their benefit. And that is inflation. Michael: Ooooh, dun-dun-duun! So before we jump into it, I would love if you could just share with everybody listening and watching who you are, where you come from, and kind of what your background is. Jason: Sure, sure. Happy to do that. So I've been in real estate since I was 19 years old, I got my real estate license, my first year of college, purchase my first rental property at 20 and a half. I was about to get my license right before my 20th birthday. And I've been doing it ever since I've owned a lot of single family homes. Over the years, I've had a couple of big apartment complexes, 139 units, 125 units, 120 unit, mobile home park, and then you know, just a bunch of single families and in some other stuff like that I have not done any Self Storage, investing. But long term rentals are really my thing. And I know your company helps people with long term rentals, we had your founder on my show before. And and so does my company. So we're in the same space. It's a really big space, and a lot of people just love buying rental properties, rightfully so, you know, I like to say it's the most historically proven asset class in the entire world. Michael: Yes, yeah. I couldn't agree more. I couldn't agree more. So that's awesome. Do you really done a lot of different things? And I'm just curious, which, which is your favorite asset class? Having seen a bunch of different ones? Jason: Yeah, you know, that's a good question in the the answer, the real answer is it depends. And why do I say that? Well, I think the best asset is the good old fashioned humble single family home, that really is the best one, all things considered. However, you know, it is a little bit harder to scale it. So if you're a really wealthy investor, you may want to do bigger properties, bigger deals, and fewer of them. However, in recent years coming out of the Great Recession, we've seen big institutional investors that own 10s of 1000s of single family homes, as you all know. And so that is being scaled pretty effectively by major investors. So you know, it can scale, you just need to treat it like a business have systems in place. One of our investors, you know, I'm not sure the exact number he's up to, but I think he's up to about 70 or 80 houses through our network. And he wants to go to 500 doors in single family. Michael: Wow. Jason: You know, I do think single family really is the best one. I think it appreciates the best, I think it's the simplest, and for most people, it's the best thing. But But again, if you've got billions of dollars to deploy, I understand that you may not want to mess around with, you know, hundreds of 1000s of single family homes. Michael: Maybe a bit too slow, too cumbersome. Jason: Yeah. Michael: Love it. Awesome. Well, Jason, can you just give everyone a super simple definition, in your own words of what is inflation? Because I think this word gets tossed around by a lot from people. People love using it. People love to sound smart. But for everyone who might not be super familiar with it, just what is it at its basic form? Jason: From an economists perspective, the real definition of inflation is just simply increase in the supply of money. Right. But what does it really mean? That's the important thing. And that's the real answer to your question. So, first of all, let's understand how it occurs, in most cases. Milton Friedman, the late great economists, who I'm a big fan of but some people don't like him. He said inflation is everywhere and always a monetary phenomenon. Meaning that there are two major influences on inflation. One is monetary policy, which means the central bank, the Federal Reserve, how they deal with money increases and decreases in the money supply. That's monetary policy. On the other hand, fiscal policy is the policy of the government. It's the way the government taxes and spends. So when it comes to monetary policy, when the supply of currency units is increase, in our case, it's dollars, right. But it could be yen pesos, Brazilian reals euros doesn't matter, right? Whatever that currency unit when the supply of it increases, you have this effect of more, in our case, dollars, chasing a limited supply of goods and services. And so naturally in any free market without major distortions, and we can talk about that in a moment, if you like. The price of those goods and services will naturally increase as more currency units chase them, they go into the market and they buy them. So when people feel richer, right, when there's a wealth effect, the value of their real estate goes up their stock market holdings go up. There's a wealth effect, right? They feel richer. So they spend more they spend more freely when they feel more comfortable. And if they think the future is rosy and optimistic, they'll spend more. If they think the future is going to be scary and contractionary, then they'll spend less they'll rein in their spending. And so that will tend to cause deflation versus inflation. Right. So I hope that answers your question. Sorry, for the long answer. Michael: No, it absolutely does. It absolutely does. It's great. And so why is that something that real estate investors should concern themselves with? Or is it something that real estate investors should even concern themselves with? Jason: Well, it's interesting that you use the word concern, because most, in most cases, concern would be a bad thing. And for most people, inflation is a bad thing. However, for real estate investors, it's a really great thing. And as much as I philosophically do not like inflation, as a real estate investor, owning income property, I love inflation. Okay. So this is where philosophy and just personal interests diverge, right? They really do. I don't like inflation, I philosophically disagree with it. I don't think the central bank and the government should cause it, I think it hurts most people. But from a self interested perspective, I'm going to figure out and I'm going to help teach investors how to figure out how to align their interests with the two most powerful forces the human race has ever known - governments and central banks. And so most people from a sort of amateur level, say, well Real Estate's a good hedge against inflation. Why do they say that? They say it, because the price of real estate tends to go up with inflation, or a little better than inflation. So it hedges it, right. So if inflation is, according to the official stats of the consumer price index, the most widely used metric for measuring inflation, the CPI, if the CPI is just say, for example, at any given time, 3%. And housing appreciates it 6% Well, then you beat inflation, right? You beat it by 3%. And so you're better off, right? You're exceeding inflation. And that's the hedge. That's the amateur view. But the more advanced view is sort of explained in a phrase that I trademarked many years ago. And it's a mouthful, so I'm just gonna warn you it's a mouthful, and that is inflation induced debt destruction. Say that it's fast. Inflation induced debt destruction, or IIDD. Right. And what that really addresses is this hidden wealth crater, this beautifully hidden wealth creator. When you use leverage when you use a mortgage on your properties, then you're borrowing the money based on today's value. But you are actually not even you were tenants because we outsource our debt obligations to our tenants. Right? Which is another great thing about income property. You, we or our tenants pay it back in cheaper dollars. So that is really a beautiful thing. And that's inflation induced. That destruction, I can unpack that a lot more if you like, depending on how much time we have. But when I started in this business about 18 years ago, hoping people invest in properties nationwide, I really wanted to come up with some new thinking, some new ideas, some things that made my philosophy of investing unique stuff I hadn't heard before, stuff that really just came out of my own head. And then I did find some examples of some of these techniques out there in the world. And the only one I really heard even alludes to the concept of inflation, which is debt destruction was Sam Zelle, who is a big billionaire real estate investor, who owns a bunch of office properties and apartment complexes and, you know, he's he's a wall street type an investor. And he alluded to this idea about, I want to say maybe 15 years ago, it's the only time I ever heard anyone really allude to it back in the time when I was talking about it, where he talked about his company equity office that owns office properties, how they borrow today's dollars, and pay them back in tomorrow's cheaper dollars. Right. So that's, essentially inflation does that destruction? Pierre: So Jason, I think the common understanding is that inflation is a wealth distribution from the everyday person to those closest to the money because those closest to the money generation are the ones who get to spend it before the prices in the market react to it. Jason: Yeah. Pierre: How is there? You have a different way of thinking about this? Jason: Yeah, no, that's what you said is you nailed it. Okay. So what you what you just address is something that an economist about 250 years ago named Richard Cantillon. postulated, and it's been called the Cantillon effect. Because the insiders, the banksters, Wall Street crooks, you know, they all have access, that the politicians, frankly, they all have access to this money before it hits the streets, if you will, and before it creates inflation. So, you know, the folks at Goldman Sachs, for example, they basically, since they're on the inside of the game, right? They know that the money is coming, because they're consulting with Jerome Powell, and the other elites, right. They know what's coming. And they can buy up assets, before the effect of the inflation of those asset values has really happened largely in the market. Now, they'll usually continue to basically dollar cost average into a market as those prices are rising. But the little guys, the fools will be the last in. And, you know, that's, that's what, how it works, right? And it is a wealth transfer, not just because of the Cantillon effect, which you just mentioned, but it's also a wealth transfer, just because of the way inflation works. So inflation is this insidious, hidden tax, that destroys the value of purchasing power of our savings, our stocks, or bonds, and even our equity in our real estate, because that's all priced in today's dollars, but today's dollars keep devaluing through inflation, right? If inflation is, and just to use that, well, let's do it. This one, let's say, say 10%, inflation occurs, whether that occurs in one year or three years, who cares, right? It happens, right? 10% inflation happens. So if we own a million dollars in stocks, or a million dollars in bonds, or a million dollars in the bank, we just lost $100,000. Because the value those are denominated in dollars, and the value of those dollars is 10% less, but guess what? What if we have a million dollars in mortgages, and our mortgages have now been devalued? By 10%? Well, that's great. See, it destroys the value of everything denominated in those currency units, so in dollars, and thankfully, it destroys the value of debt too. So beautiful thing when you're a debtor. So the lesson is, use mortgages, use leverage prudently, don't pay off your properties. You know, I had a question from one of my podcast listeners, the other day, emails me and says, Hey, Jason, should I sell one of my rental properties and use the the equity in that property to pay off another rental property? And I said, No, you should use my refi till you die plan and you should leverage them both to the highest possible value pull cash out and buy another property with that cash from the refinance. Remember, there's no tax on borrowed money. So this is why my other technique called refi, till you die is a good technique for people, right? Because they take advantage of more inflation do set disruption. And of course, you know, you have to use this with some degree of prudence obviously. Right. But it is a it is a very powerful wealth creator. Pierre: It's kind of a reversal of the wealth transfer kind of your you're absolutely right. It is. And you know, what's interesting, too, is you started off this conversation asking kind of what it means to young people specifically, and I'm not sure why you brought that up. But, you know, a lot of young people are interested in real estate investors, millennials, Gen Z people. And the interesting thing about inflation is that it is the most powerful method of wealth redistribution, most people think taxation is the most powerful method, but it's, that's not true. The reason is, is because taxes are too obvious. Right? We all know, if our tax bill went up, there will be people rioting in the streets voting politicians out of office when they raise taxes, right, you know, the first George Bush Read my lips, no new taxes. Well, he lost the next election, because you know, that was the reagan is faced with that one, he gave it to the Democrats, right? And raise taxes. And so, but inflation is something subtle, right? It's something people don't really notice, they sort of do, but they don't really understand why it's occurring. And they just kind of don't get it most people, right. And so it's a very powerful method of wealth redistribution, because it's subtle. It's sneaky, it's covert. But also, it transfers wealth and redistributes wealth, from lenders to borrowers, as we already talked about. But it also redistributes wealth from old people to young people. Why is that? Well, I'll tell you why. In most cases, old people have hopefully savings, they own stocks, they own bonds, they have money in the bank. Hopefully they do. Hopefully they do, right. And young people typically don't have many assets, they just have a lot of debts. And so they get the advantage. It's an intergenerational wealth transfer without anybody passing away and having an inheritance, right? Because inflation just automatically transfers that wealth from people who have savings stocks, and bonds to people who have debts, because those debts are reduced through inflation induce debt destruction. So if you're a young person, and you have a super high mortgage, and you have big student loan debt, and you financed both of your cars, so you're a young couple, right? You financed both your cars, and you've got some credit card debt, which is the worst kind of all right? I'm not recommending any of these consumer debts, obviously. But if inflation comes along, it will reduce the value of those debts and allow you to pay the lender back and cheaper dollars. But those aren't ideal debts. The reason real estate debt is ideal. Well, not real estate, rental property income property debt, is because it's self liquidating debt. We don't pay our own debt back. Right, our tenants pay it back. So we basically delegate the responsibility of the debt to people all tenants. Isn't that a great e quation. Michael: amazing equation. Amazing equation. And I love the the refi till you die. model. That's great. We had a 1031 exchange, Ron, he said, you know, swap till you drop. So very similar methodology Jason: Swap till you drop, I love it. That's good. I am going 2 1031 exchanges on my own properties right now. And I agree with you that the 1031 exchange is a great tool right here. Michael: I'm in the middle of one myself, and it's Yeah, the best thing since sliced bread. So Jason, I'm curious to get your thoughts because everyone always talks about, maybe not everyone, always, I'm over generalizing here. But a lot of people often talk about leverage and being responsible with it. And so what I'm hearing is that the more leverage you can utilize, the more advantageous it becomes in the long run because of inflation. So how should folks think about balancing that with not over leveraging themselves? Jason: Yeah, good question. And it all depends first off on the person right and their personal situation. First off, right. But secondly, if you buy good properties, and we like we like to help our clients buy properties in linear Our markets. So we don't like these high flying trophy markets that have big fluctuations in pricing in value, right? We like slow and steady. You know, it's like the old parable, the tortoise and the hare. Okay? You know, it's slow and steady wins the race, right? The reliable properties in these reliable markets, mostly in the southeastern United States right now, that would be the example of it, and what I call linear markets, okay. And so you have good properties with good cash flow characteristics, and, you know, appreciation is not very reliable, but cash flow is pretty reliable. It really is, even in in times of recession, cash flow is pretty reliable, you know, mostly, you collect the rent, mostly people pay in, you know, the money comes in, I mean, not always, but most of the time, it's pretty reliable. So, good properties, good, linear markets. And using as much leverage as you can, which typically is not more than 80%, you got to put 20% of your own money into the deal. In most cases, you know, it's self liquidating debt, because the tenant pays the debt. Right? So I would never recommend consumer debt of any time. I don't recommend, you know, auto debt, although, you know, auto, that's pretty cheap. And if you finance your car and use that money that you would have done to pay for a car in cash to buy a property, I think that actually is a good idea. Okay. Michael: Yeah. Jason: But don't go out and get a super expensive car that you can't afford, right? That's the first lesson to that. student loan debt is terrible. I think it's a complete scam. And colleges are are just basically creating debt slaves. It's awful what they're doing. But that's a whole whole nother rabbit hole, Michael: I can say we do a whole nother podcast on that. Jason: We can I have opinions. Pierre: So just going back to that younger investor, say they're just starting out, real estate has a pretty high barrier to entry for So to get started, how should younger investors be thinking about getting into real estate? Should they be saving their money for a down payment? Or should they be kind of taking bigger risks and playing in the stock market to build up that? Jason: Yeah, well, you know, I'm never gonna be a huge fan of the stock market. You know, I, I like to say, Wall Street's the modern version of organized crime. Okay, you know, your Look, I mean, the point is, you're just putting your money, your financial future, your savings into somebody else's hands, right? When you buy properties, you're a direct investor, you control. Right, you you own it, you see if you understand it, but it does take more attention, right, you gotta pay attention to anything. You know, if you're investing in stocks, you better be paying attention, right? I mean, the one way you are sure to lose or not get maximum return, at least, is to not pay attention, right, you can never just delegate this responsibility to somebody else. So in terms of saving for that first property, and the high barrier to entry, well, it's not really that high. I mean, you can buy a decent rental property with 25 or $30,000. Down, it's higher than it used to be for sure. But it's not impossible. And, you know, we have investors in their 20s, that are vying through our network. And, and they're doing it and, you know, you'd be amazed at it's like the old saying, most people overestimate what they can do in a year. And they massively underestimate what they can do in five years. So just living prudently and saving money for that first property. And, you know, letting that first property go to work for you paying attention to it, being a good manager of that property. And, you know, you'd be surprised in just a few years how things can really change. You know, you buy a second property, we have an interesting calculator that we use for our clients. And it actually one of our clients kind of developed it, and then we expanded on it quite a bit. And that calculator basically shows people how to create a perpetual motion machine using real estate. And you might have heard about the old tales of how everybody, you know, in the late 1800s, I think it was was trying to invent the perpetual motion machine. And it's, Michael: I can create it. Jason: Yeah, it can't be done, at least not so far, right? Because energy, you know, has entropy to it, right? And it just loses its power. So you can't create a perpetual motion machine. The law of physics won't allow it, right. But with finance, you can. And basically, as you build your real estate portfolio, you use the cash flow from those properties, and use the appreciation from those properties. And then you get to a point where you do your first refinance, and use the proceeds from that refinances, tax free proceeds to buy another property. And this ultimately can create this perpetual motion machines. Absolutely beautiful. Michael: That's incredible. That's incredible. I love that. Jason: Yeah, we've got a calculator that actually shows people that where they can put in their own numbers, their own plan, how much they have to start with and, and create that perpetual motion machine. Michael: That's great. As an engineer, I just love the analogy. You know, reformed engineer rather? Jason: Yeah, yeah, yeah. What kind of engineer? Michael: So I studied agricultural, but I used to work as a fire protection engineer for almost nine years. It was a lot of fun. Jason: So if you if you if you got a student loan, that's a useful degree, right? People are actually hiring engineers, right. But they're not hiring for a lot of these other crazy things that there's they're selling fake, useless. putting people into you know, $100,000 worth of student loan debt. Michael: It's, it's terrible. That's quite, it's like there's a whole generation of people that have a mortgage, they just didn't get a house included with their mortgage. You know, it's, it's ridiculous. Yeah. Michael: It's it is crazy. It is crazy. Jason, I'm curious to get your thoughts, kind of on two separate investment vehicles. One is I don't have a big fan of the stock market, but curious to your thoughts on index funds. Because a lot of folks say, well, that's a great place to park money. So you don't have to be very active in it, kind of set it and forget it. And then alternatively, syndications, where you're involved in real estate, but not direct ownership. Jason: Okay, so first off, you know, I have something called the 10 commandments of successful investing. And I must tell you, our 10 commandments has helped 23 commandments. Michael: Funny how they keep growing. Jason: You know, we got more. Yeah, so we're up to 23-10 commandments now. Michael: Love it, Jason: You know, we do math, government over here, okay. Funny math. Because, anyway, so commandment number three has really resonated with a lot of my podcast listeners and YouTube followers. And commandment number three is, thou shalt maintain control, you know, in other words, try as much as possible in your life to be a direct investor. Because when you are not a direct investor, you don't directly own the asset in which you're investing your money. You leave yourself susceptible to three major problems. Number one, you might be investing with a crook. And we've all heard about the scandals on wall street or Enron WorldCom Michael: The Madoffs. Jason: There's so many, Bernie Madoff. I mean, yeah, you know, global crossing. I mean, they're, you know, how long How much time do we have, right? There's just you know, that that Coffee Company in China, what's it called? luck in coffee? You know, there's so many stock market scams, it's unbelievable. So we know about that. And in real estate, there's certainly a lot of scams with syndicators, scamming people fund managers scamming scamming people, right? You know, most people aren't getting scammed. But, you know, there are certainly a good number of crooks out there. When you're a direct investor, you can avoid these problems, right? Number two problem, assuming they're honest, they might just be incompetent. And you'll lose money because they're either dishonest or stupid. Right. And that's no fun. The third problem, assuming they're honest and competent, they take a big management fee off the top for managing the deal. And, you know, we've all seen these ridiculous salaries on Wall Street, as the shareholders are losing money, but they're still paying themselves big bonuses, right? It's just these things are not correlated, like they should. Michael: Right. Jason: And so so these are the problems you leave yourself susceptible to, don't directly invest in Listen, I'm not a direct investor, anything, everything I sell, okay, I mean, I have a lot of direct investments. But I have some non direct investments too. You just got to trust the person you're doing it with or the company, you're doing it with their competence. And their, their honesty. Right. So So that's, that's part of it. And then you've just got to look at the deal and see if they're charging ridiculous fees, you know, acquisition fees, disposition fees, management fees, are they using your money in the fund to go out and raise money from other people? Well, I mean, I don't know. Should that be an expensive the funder? Is that like an outside business expense, right? Yeah. So these are, these are questions you have to ask and do due diligence. Michael: Yeah. Yeah. makes total sense. Jason: But as far as index funds, the answer your other question. You know, it's, there are a lot of people who say and a lot of they have a lot of evidence for it. But you know, like anything, it's debatable because you can slice and dice things a million different ways that the index funds beat these highfalutin fund managers that charge big fees, right. So just by the index, there may be some wisdom to that. Michael: Yeah. Yeah. Pierre: Just thinking about risk taking on, you know, how to mitigate some of the risks that are inherent with taking on this debt, with an we're kind of depending On the government inflation to capitalize on that, what are some other risks that are inherent in government action? Like, there's a lot of talk about when people are deferring their mortgage payments, they're going to lose their homes when the government assistance stops, like, what are some ways to protect yourself. Jason: Protect yourself? So, I mean, look at everything has risk, there's nothing risk free, even putting your money in the bank is very risky, because well, it's actually not risky. I know for sure what's going to happen with your money in the bank, you're going to lose it to taxes and inflation, guaranteed. Guaranteed loser money in the bank. Okay. That one is, is the guaranteed loss, right? Everything else has a risk, it could go up or down, right. And, you know, there's risk and everything, there's political risk. So if you are investing in a blue state, the political risk is pretty significant. People are leaving a lot of these places. I live most of my life in California, and California has become a more risky environment with the political environment, they're New York, risky, right. And the other states, they're more business friendly, or a lot less risky. In fact, they're benefiting from the migration that's occurring out of these more or less left oriented places. So there's political risk, and the political climate can change over time, right? For example, Texas, has always been very business friendly. But that's really kind of changing a little bit in Texas, even right, especially in Austin, which is a great city are really neat city. But politically, it's getting kind of risky here. So these risks are inherent. But one thing that can really help directly when we're talking about risk in real estate is this. It took me 19 years to discover this, and I've been teaching it for a long time to it's called the Hartman Risk Evaluator. And basically, what the Hartman risk evaluator does, is it shows people by using what I call the LTI ratio, we've all heard of the LTV ratio, the loan to value ratio, right? Hey, you know, we'll give you an 80% loan, you need to put 20% down, that's the LTV ratio, right when you're getting a new loan, but the LTI ratio I invented, and that stands for land to improvement ratio. So when people buy a property, they usually consider it to be just one thing, but it's really two major items, there is the land. And then there's the improvement for the house or the apartment building sitting on the land. So that's the LTI, the value of the land, versus the value of the improvements sitting on the land, the LTI ratio. And the Hartman risk evaluator basically shows people that the higher land value markets are much more risky to invest in. And the higher improvement value ratios for that LTI ratio skews toward high improvement value and low land value are less risky to invest in. And I can give you an example of that, that I use personally in my own life. And this is kind of how I discovered a good way to mitigate risk on real estate. One of the first properties I bought out of state when I lived in California. It was interesting, because I was buying two properties at the same time. One was a home for myself in California. And this was about 2004, I think, and I was buying this house in, in Orange County, California, and it was $815,000. And I was buying another house across the country for $159,000. So you know, you really see the difference there. Right? It was a rental property, that $159,000 pose. And I had this girlfriend at the time, and she was her mom was a new home sales. And she was telling me not to buy this $815,000 house because she just didn't think it was a very good deal. Right. And so we broke up. I bought the house anyway. And there you go. But I also bought the other house across the country for 159,000. And here's what was interesting. My insurance broker Jennifer was insuring both properties. So she had an office in Irvine, California. And I remember she reached out to me and she said that the out of state property, we're going to give you insurance for $135,000. And you're your personal residence we're going to give you insurance for and I can't remember that one as well. I think about $200,000 Okay. So basically, we all know the insurance company only insures what the improvement sitting on the land because the house burned down the land walls be there, right? So they don't insure the land value they just insure the house or the improvement. So what's the point of that, what does that tell us? Well, here's what happened. I bought both houses, moved into my personal residence, have a rental property out of state. And here's what happened, the personal residence went way up in value in the first year, even while they were building it, it went way up in value before it was finished. And before I moved in, so it was a great deal, I loved it. And I moved into the house and about a year went by and I noticed the houses in the neighborhood really going up in price. So I called up my lender that did the original loan and I said, Hey, I think I want to refinance this property, pull some equity out and buy more rental properties. They sent over an appraiser the appraisers name is Eric, I tell you that for a reason. Because he also came back following year appraisal again. And that $815,000 property is now worth 1,300,000. And I thought, Wow, it's only been a year and my property went up. $485,000, do I ever love real estate, and I heard you, but that was in a cyclical market in Orange County, California, a risky market. So I refinanced the property and pulled some cash out, I bought some more rental properties nationwide. And I really started thinking about that, because when I got the insurance on that property, on the out of state property, they told me, they were going to give me $135,000 worth of insurance, meaning by deduction, the land value was only $24,000. And in the California property, the land value at the time of purchase was about $615,000. So if, if the improvement value goes up, it will only go up by a small amount based on the cost of the construction materials. And also what happened to the price of lumber went way up, came back down a little bit, etc, etc. But land value is just all over the board. It's not at all logical. land value goes up a lot, and it goes down a lot in rapid succession. And so the risk evaluator basically shows you that the risk is in the high land value markets. And it's a little bit hard to explain this without illustration. But look at it this way. If I've got $600,000 in land value and a property, and that goes down by 50%, I'm going to lose $300,000. And if I got $24,000 in land value in a property, it goes down by half and lose $12,000. The improvement cost is much more stable than the land cost. Because builders won't rebuild more properties if they can't make a profit. So yes, there are times by during the Great Recession in 2008 or so that properties did sell below the cost of construction. But at the same time properties were selling for half to a third of their land value their prior land value. So the the price of the improvement of the building sitting on the land gives us a stop gap of where it will hold the value much better than high land value markets. So I hope that makes sense. Again, it's hard to explain without illustrations and slides. But the moral of the story is high land value. cyclical markets are more risky than low land value linear markets. That's the moral of the story. And also, coincidentally, those low land value linear markets have much better cash flow than the high land values. Pierre That's fantastic. Michael: That makes a ton of sense. That makes a ton of sense. So I'm curious, Jason, what did you do with that 1.3 million place in Orange County? Did you refi to I mean, you're clearly alive. So not till you die. But did you keep it or did you get rid of it? Jason: Yeah. So I did, unfortunately, keep it. And I kept living there. And the next year, Eric came back and appraise the house again. It was the exact same appraiser. And he said, Michael: Good ol' Eric. Yeah, good ol Eric. I have bad news for you, Mr. Hartman. Your house is now only worth 1,215,000. So I lost $85,000 in a year. Okay. But I was still way up. And I still stupidly kept the house. And I stayed there and I kept living there. I wanted to move but frankly, I was just too busy to move. I wanted to move out of state. That's sort of a major decision. And I finally did get out of the Socialist Republic of California about 10 years ago. I'm glad I did. You know, California is beautiful. It's great place but I just don't want to pay the taxes. I just had it. And so I moved to Scottsdale, Arizona. I lived there for six years. And now I live in Florida. And I just every time I move I lower my tax rate and so for 200 state income taxes. And so I kept the house, and I ended up selling it for only about $100,000 more than I paid. I should have sold it sooner and made $485,000. But you know, I just didn't. And I was just too busy with my business to really manage my real estate, my home as an investment really, really well. But the moral of the story is, that's a cyclical high land value market, the cost of improvement when I sold it for $915,000, about 100,000 more that I paid, the cost of the improvement did not go down. It actually cost more to build that house seven years later than it did the day. I bought it seven years earlier. But the land value had gone down. Well, it was still up above what I paid for it. But it was still much a lot lower than the peak, which was 1.3 million. Michael: Got it. And the reason that the property the improvements would have cost more to build seven years later when you sold it was because of inflation, right? Jason: It just inflation. Yeah. Yeah. Well, it was actually that's a that's a good point, Michael, it was inflation. But it was also inflation caused not just by bad fiscal and monetary policy, but inflation caused by a huge economic and construction boom in China, and to a lesser degree, India, they were just sucking up these raw materials, these commodities used to build houses. And so if you think about it, another principle I teach is called packaged commodities investing or assembled commodities investing. And what that is, is, if you think of the houses you buy, or the apartment buildings you buy as commodities, just packaged up, right, you know, what are they they're glass, steel, lumber, concrete, petroleum products, copper wire, you know, etc, etc, labor, energy, all these things go into building a house. And so that's what you're really buying. When you buy in low land value, good linear markets, like we invested. Like, if people go to my website, if they want to see a list of linear markets, just go to jasonhartman.com, click on the Properties page, those are all linear markets, okay, that we'd recommend investing in low land values, high improvement values as an LTI ratio. And you're basically a commodities investor. And the neat thing about these commodities guys, is they are not attached to any one currency. These commodities, whether they be lumber, concrete, petroleum products, copper wire, they don't care if you're buying them in dollars, yen, Euro, pesos, whatever, it doesn't matter to them. They're they have intrinsic value, and they're used worldwide. And every human on Earth needs them. Because they are the ingredients of the places we live, the places we work, and the places we interact with all day. It's every building is made of these things. Michael: Interesting. That's a really interesting way to think about it. Jason: Packaged commodities investing. Pierre: Yep, that definitely answers my question. Thank you. Michael: Jason, we want to be super respectful of your time here. Any additional questions for Jason? Pierre: Just tell our listeners where to find you, link them to your channels? Jason: Yeah, thanks. So I'm on my podcast is called The Creating Wealth Show. And you can get that just look up Jason Hartman, wherever you get your podcasts, my website, jasonhartman.com. I've also got a special gift for your listeners and viewers. And that is a book a little mini book that is free. And what we did is we took a lot of my strategies that have been teaching for many, many years, and we adapted them to the crazy times we're living in. And that is available totally for free at pandemicinvesting.com, that's pandemicinvesting.com, and it's a small book on pandemic investing that you get right away. It's just emailed to you right away. for free. Pierre: We'll put that in the show notes as well. So Jason: Thanks. Michael: Yeah, can't wait to take a read that sounds awesome. Because he has you mentioned that we are in a bit of a crazy time here. Jason: You know, it's a really weird time and a lot of things that people expected. I think, you know, it's hard to even remember, try to think back how things were, you know, what, 16 months ago? Right? I mean, just think of what you thought back then. And everybody listening to this. Think of what how you were thinking back in, you know, maybe, I don't know, March of 2020. A lot of people just thought the world was going to end. Right. The economy was going to collapse. You know, there were riots that summer. You know, cities were being destroyed, burnt down. Windows broken, you know, massive looting and all kinds of crazy stuff going on in and and look at what really happened. That's a lot different than most people would have thought it's counterintuitive, right? Yeah. But it is a wealth transfer. And a lot of people are still suffering. And a lot of people haven't even noticed how bad it is going to get. So it's it's uneven, it's unequal, and it's unfair. And just, you know, for people listening to your show, I know that you're trying to do it, and I'm trying to do it for my audience. You know, we're just trying to help as many people as possible, understand what's happening, and understand really how, how they're being played by the system. And inflation is hurting those people. And if you don't do anything about it, if you don't follow these techniques, you will be the victim rather than the victor. And but you can you can succeed in this environment, just by aligning your interests with these two most powerful forces the human race has ever known. What are they governments and central banks, they have standing armies, they have aircraft carriers, they have police forces, they have missiles, and you know what, it doesn't matter what we think, or what we believe or whether we philosophically disagree. I do. You know, if they don't care, okay, they're gonna do what they're gonna do. And they have all the power, so we better align our interests with theirs, and follow the same business plan they're following. And that's how we'll succeed. Pierre: Fantastic. Michael: Love that Jason, thank you so much for coming on this and sharing this was this was really great. Really, really great stuff. Michael: Hey, my pleasure. Thanks, everybody. Michael: Thank you. Pierre: Thank you, Jason. Michael: Thanks, take care. Talk to you soon.
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It's harder than ever to differentiate yourself as a Realtor. A lot of what you all do is the same. I'm obsessed (and you should be too) with figuring out how to identify and articulate genuine differentiators. Doing so has never been more important. On this episode, I go through several differentiators that are guaranteed to set you apart as a Realtor.
On orders from Jake the Jackal, the party decides to dip their toe into organized crime/religion while infiltrating the hideout of the Daydreamers. [Content Warning: Colonel, Fucking, Dan] Bonus Content: https://www.patreon.com/spoutlore Discord Community: https://discord.gg/6cAQxeQM2t
Professional services businesses hire Ken Cook and his firm to unearth money hiding right in front of them. Because most are ...throwing money out the window, ...looking for clients in all the wrong places, ...and struggling with rollercoaster revenues So, they help them create systems to ...make MORE sales ...MORE consistently, ...and MORE predictably Bottom line ...with their systems, businesses can double, triple, or even quadruple their revenue - GUARANTEED!
Today I give you a quick win from something that is dear to my heart, and it's from a quote that my wife Lindsey said to me one day: Commitment isn't feelings. It's something I remind myself of often. And sometimes we just need an episode or five minutes to come back to. What you'll learn How to quickly get grounded in 30 secondsThe one thing to make you win.Taking action of how you feelFavorite Quote: Commitment Isn't FeelingsConnect with George BryantMindofGeorge.comInstagram - @itsgeorgebryant
Agents have used technology to bolster their marketing for years, so it should come as no surprise that tech companies are eager to take back control and get a slice of the pie. The only question is, how can agents compete with them? Are small teams destined to fail in the face of big business competitors, or do we both stand to win? Just how big of an advantage do iBuyers have, and what do human agents have that tech players don't? In this episode, repeat victim of the show and host of the Agent Investor podcast, Tom Cafarella shares how to continue to thrive when tech companies are determined to take the market. Three Things You'll Learn in This Episode Why iBuyers are outbidding mom and pop investors What do iBuyers stand to gain by outbidding investors, especially when the bids seem like a poor decision? How to hit iBuyers in their weak spot iBuyers have a ton of advantages over us, but they do have a weak spot, too. What is it, and how can we take advantage of it? The market GUARANTEED to keep seeking out human agents Which market segment is most likely to work with real agents in the long term? Guest Bio Tom Cafarella is an entrepreneur, speaker, podcaster, coach, and seasoned real estate investor. In addition to being the founder of Ocean City Development, Tom is also the founder/broker of Cameron Real Estate Group, where he leads a team of more than 200 agents serving greater Boston and Massachusetts. Tom is the host of the Agent Investor podcast. To find out more, go to: https://m.facebook.com/tommy.cafarella https://agentinvestor.podbean.com/ http://www.tomcafarella.com/ https://www.cameronrealestategroup.com/tom-cafarella/ https://www.linkedin.com/in/tom-cafarella-oceancitydevelopment-110835a9/ https://m.youtube.com/channel/UCBaMfwcNTLed8O5XtpRVtfQ And to connect with your hosts, go to: Getmicrofamous.com for Matt https://m.facebook.com/genevolpe for Gene And call 925 915 1978 for Greg