Podcasts about platinum properties investor network

The Brass Tacks Blueprint for Sound Real Estate Investing ft. Jason Hartman Summary: Is real estate an ideal investing vehicle in today's uncertain and inflationary environment? Our guest for today is serial entrepreneur and owner of successful real estate and media businesses, Jason Hartman. Jason is the CEO of Platinum Properties Investor Network, Inc., The Hartman Media Company and The Jason Hartman Foundation. Jason's life story is a study in resilience. Starting with very little, Jason worked his way up to join the ranks of the top 1% realtors in the United States. On today's show, Jason shares his distilled wisdom on real estate investing, inflation, and why taking on debt can be a good thing. You will learn why you cannot attain your moon-shot goals without taking calculated risks. Jason also shares the 3 main types of real estate investment using which you can make sound financial decisions based on your risk appetite and goals. We hope you enjoy this show! Key Takeaways: 00:08 – Welcoming Jason to the show 01:39 – Why did Jason decide to get into real estate in the first place? 01:39 –What makes real estate a far more attractive investment compared to stocks and bonds 03:23 – Can you attain desired success without taking on debt? 06:33 – How to make sound financial decisions in an inflationary environment 07:39 – The one thing that most real estate investors overlook 11:14 – What motivates Jason to give his absolute best day in, day out? 13:17 – Jason breaks down the concept of “Inflation Induced Debt Destruction” 15:07 – Is Consumer Price Index (CPI) an accurate metric for measuring REAL inflation? 18:05 – Should you buy real estate with cash? 22:40 – What makes real estate an I.D.E.A.L. investment 24:10 – The 3 types of real estate markets, and how to use this information to make a profitable investment 29:34 – Why does Jason prefer to self-manage his properties? 32:19 – The school of hard knocks, and how it preps us for the biggest challenges 35:37 – Risk and success – the opposite ends of the same balancing beam 37:27 – How great resources can help mitigate risk in real estate investing 41:05 – What advice would Jason give his sixteen-year-old self? 42:34 – What would be Jason's last meal on earth? 43:32 – Jason's favourite music band 45:09 – Connect with Jason!   Quotes: “One of the major keys to success in life is to deal in assets and businesses that have leverage”. “Nothing, nothing can replace actually doing something first-hand. Attention follows money. And if you have your money in a deal, you're going to pay attention to it”. “I don't like debt, either, right? But I love debt that I don't have to repay”. “Risk and success are at opposite ends of the same balancing beam”. Resources: Jason Hartman Jason's Podcast Jason's Facebook Jason's Twitter Connect with Ben! Instagram: https://www.instagram.com/therealbenreinberg/ LinkedIn: https://www.linkedin.com/in/benreinberg Twitter: https://twitter.com/realbenreinberg FB: https://www.facebook.com/TheRealBenReinberg/ TikTok: https://www.tiktok.com/@therealbenreinberg Check out Ben's firm here: https://alliancecgc.com/

My guest in this episode is Jason Hartman. Jason is a self-made millionaire, serial entrepreneur, and host of a killer podcast with more than 3,000 episodes. Jason has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Interview Links: Jason Hartman Homepage Hartman Media Grab My Book: The 21 Best Cashflow Niches™: www.cashflowninja.com/21niches Programs: The Cashflow Ninja Cashflow Investors Club™: www.cashflowninja.com/club Your Own Banking System™ : www.yourownbankingsystem.com Your Own Family Office™: www.cashflowninja.com/familyoffice The Crypto Investing Method™: www.cashflowninja.com/crypto The Cashflow Creator Formula™: www.cashflowninja.com/creator The Cashflow Core Builder™: www.casflowninja.com/core The Cashflow Multiplier™: www.cashflowninja.com/multiplier The Cashflow Quantum™: www.cashflowninja.com/quantum Connect With Us: Website: http://cashflowninja.com Podcast: http://cashflowinvestingsecrets.com Facebook: https://www.facebook.com/cashflowninja/ Twitter: https://twitter.com/mclaubscher Instagram: https://www.instagram.com/thecashflowninja/ Pinterest: https://www.pinterest.com/mclaubscher/cashflow-ninja/ Linkedin: https://www.linkedin.com/in/mclaubscher/ Youtube: http://www.youtube.com/c/Cashflowninja Bitchute: https://www.bitchute.com/channel/cashflowninja/ Rumble: https://rumble.com/c/c-329875 LBRY.tv: https://lbry.tv/@Cashflowninja:9?r=DoJHKKGqTbf8sdChMP1oLtCrJWEYK3ZM Brighteon: https://www.brighteon.com/channels/cashflowninja Brandnewtube: https://brandnewtube.com/@cashflowninja Parler: https://parler.com/profile/cashflowninja/ Gab: https://gab.ai/cashflowninja Minds: https://www.minds.com/cashflowninja Biggerpockets: https://www.biggerpockets.com/users/mclaubscher Medium: https://medium.com/@mclaubscher Substack: https://mclaubscher.substack.com/

Jonathan Krueger, founder of LionsGate Advisors, Jason Hartman, founder of Platinum Properties Investor Network, Inc. and Daniel Blue, President of Quest Education, share their tips for financial success.Key Takeaways:You have to confront your negative worldview toward money. Money is neutral. How you use it determines whether it is good or bad.The media focuses on cyclical markets, but most of the world is a linear real estate market.You must duplicate yourself to continue growing.Resources Mentioned:Follow along with me on Instagram- @travischappellVisit my website for more information on resources and announcements: https://travischappell.com/ Join the Facebook group to find community: https://travischappell.com/groupAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Questions on Protecting Wealth with Gold & Silver? Call 877-410-1414 or Schedule a Call for Later Here: ↓ https://calendly.com/itmtrading/youtube?utm_source=YouTube __________ To see Lynette's slides and research links from this video: https://www.itmtrading.com/blog/priced-in-gold-is-real-estate-cheap-or-expensive-coffee-with-lynette-zang-jason-hartman/ Jason Hartman is the founder and CEO in Platinum Properties Investor Network, Inc. and a specialist in Real Estate. Considering everything that's happening in the real estate markets, from moratoriums to evictions to sky high prices and bidding wars. Lot's to talk about. In addition to his podcasts and youtube videos, links below, he was a very popular keynote speaker along with me and a whole powerful roster of speakers at George Gammon's Rebel Capitalist Live event in Miami. We had a lot of fun! Follow Jason Hartman ⬇️ Website: https://www.jasonhartman.com Podcast: https://www.jasonhartman.com/podcast/ YouTube: https://www.youtube.com/channel/UCpGNsrLsGR1viGHoEbSCabAT Follow Lynette Zang ⬇️ Instagram: https://www.instagram.com/lynettezang/ Twitter: https://twitter.com/itmtrading_zang Podcast: https://anchor.fm/itmtrading __________ Find out if you're properly protected today... ITM TRADING: Helping Build Your Future, Freedom, and Legacy Call Today for Your 1st Strategy Session: 877-410-1414 You can also email us at: Services@ITMtrading.com All Our Videos and Research: https://www.ITMTrading.com/Blog Homepage: https://www.ITMTrading.com ITM Trading Twitter: https://twitter.com/itmtrading Lynette Zang Twitter: https://twitter.com/itmtrading_zang Facebook: https://facebook.com/ITMTrading By ITM Trading's Lynette Zang Call Us Direct for Long-Term Gold & Silver Strategies: 877-410-1414 ITM Trading Inc. © Copyright, 1995 - 2021 All Rights Reserved.

*Jonathan Krueger* , founder of LionsGate Advisors, *Jason Hartman,* founder of ** Platinum Properties Investor Network, Inc. and *Daniel Blue* , President of Quest Education, share their tips for financial success. *Key Takeaways:* * You have to confront your negative worldview toward money. Money is neutral. How you use it determines whether it is good or bad. * The media focuses on cyclical markets, but most of the world is a linear real estate market. * You must duplicate yourself to continue growing. Resources Mentioned: * Follow along with me on Instagram- @travischappell ( instagram.com/travischappell ) * Visit my website for more information on resources and announcements: https://travischappell.com/ ( https://travischappell.com/ ) * Join the Facebook group to find community: https://travischappell.com/group Advertising Inquiries: https://redcircle.com/brands

My guest in this episode is Jason Hartman. Jason is a self-made millionaire, serial entrepreneur, and host of a killer podcast with more than 3,000 episodes. Jason has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Interview Links: Jason Hartman Homepage Hartman Media Resources: Create A Strategy Become The Bank Join Our Community

There is a lot of anxiety in the market right now, especially when it comes to putting your cash in the right box. Pandemic investing is a necessary skill that entrepreneurs and real estate investors need to prioritize today. In this episode, Scott Carson talks with real estate investor Jason Hartman about the future of their industry, highlighting the repercussions of the coronavirus. Jason is the Founder of Platinum Properties Investor Network and the host of the Creating Wealth Show. With his business scope, he gives his prediction on what segments will be popular and which areas you should invest in. He also talks about some good things that developed for the domestic economy, such as bringing more jobs back to America. Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest

Jason Hartman® has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Episode Highlights: Learn why and how you should begin investing in real estate. Discover why you should have multiple forms of income and investment types. 3 Key Points: Don’t have all your eggs in one basket as an entrepreneur. Unless you’re an insider, you’re far less likely to see return on stocks than real estate. Podcasting is phenomenal as both a lead magnet and networking tool. Tweetable Quotes: “I think Wall Street does a fantastic job of separating people from their money.” “Not only is my podcast a great lead magnet, it’s great for networking with guests as well.” “The reason I love income property is that it’s a multi-dimensional asset class.” Resources Mentioned: https://podcasts.apple.com/us/podcast/creating-wealth-real-estate-investing-with-jason-hartman/id216013968 (https://podcasts.apple.com/us/podcast/creating-wealth-real-estate-investing-with-jason-hartman/id216013968) https://www.jasonhartman.com/ (https://www.jasonhartman.com/) Visit Travis’ website at travischappell.com (https://create.acast.com/episodes/3b48e6da-a672-4e83-9897-ddefc4e88bc7/travischappell.com) Join the Build Your Network Facebook group travischappell.com/group (https://create.acast.com/episodes/3b48e6da-a672-4e83-9897-ddefc4e88bc7/travischappell.com/group) If you want to amplify your network... For information regarding your data privacy, visit acast.com/privacy (https://www.acast.com/privacy)

“The beauty of the soul shines out when a man bears with composure one heavy mischance after another, not because he does not feel them, but because he is a man of high and heroic temper.” Aristotle What a week! In this special episode, Patrick takes a moment to share his thoughts on the week and what he is doing. Then, he sits down with his good friend Jason Hartman to share their perspectives on COVID-19, the markets, the economy, and the massive opportunities available. Listeners who have been learning over the last few seasons must see this as a perfect environment for you. Moments like these magnify the value of the right mindset, anticipation, and preparedness. Although there are temporary physical concerns which I encourage you to be vigilant of, I hope you are poised to take some action. Stay safe, stay healthy, stay positive.   About Jason Hartman Jason Hartman is the Founder of the Platinum Properties Investor Network and host of the Creating Wealth podcast, which is heard in more than 180 countries. Jason is a genuine self-made multi-millionaire and serial entrepreneur who owns 21 businesses in investing, financing, real estate development, and SaaS software. He has owned properties in 11 states, had hundreds of tenants, and been involved in several thousand real estate transactions. He has visited 83 countries, enjoys adventure, fitness, and lifelong learning.   Jason Hartman is the host of 23 podcasts with listeners in 189 countries, over 15,000,000 downloads and over 5,000 episodes where he shares powerful strategies for business, investing and living the good life. Check out his podcasts and resources at or  Available on iTunes and your favorite podcast platforms.   Love the show? Subscribe, rate, review, and share!

Leading real estate expert and investor Jason Hartman is the President of Platinum Properties Investor Network, which recently celebrated 14 years in business and now offers income properties in 41 markets throughout the United States. He's also a media and marketing entrepreneur who hosts more than 20 different podcasts. His shows have a global audience in 164 countries and are frequently ranked at the top of iTunes. What you'll learn about in this episode: Jason Hartman's inspiration for becoming a real estate investor The multi-dimensional nature of income properties vs. other investments Hartman's ten commandments for becoming a successful investor Jason Harman's definition of an investment and why the distinction matters The problem with traditional methods of investing How income properties act during inflation, deflation, and stagnation Inflation-induced debt destruction Additional resources from Chris Miles: Website: www.JasonHartman.com Twitter: @JasonHartmanROI Podcast: Creating Wealth Show Additional resources: Website: www.SmartRealEstateCoachPodcast.com/webinar Website: www.SmartRealEstateCoachPodcast.com/termsbook Website: www.SmartRealEstateCoachPodcast.com/ebook Website: www.SmartRealEstateCoachPodcast.com/QLS

The US is currently dealing with a mountain of debt, so to offset the issue the government is likely to inflate its way out of the problem. Is inflation inherently ‘bad’ or can real estate investors benefit from it? How can we play by the government’s rules and make the most of inflation? On this episode, author, entrepreneur, speaker and host of the Creating Wealth podcast, Jason Hartman shares how to use inflation to our advantage. Takeaways + Tactics  Rethink inflation and start seeing it for what it is: the best method of wealth redistribution. Inflation lowers the buying power of the dollar. We can use that to our advantage by taking out long-term fixed rate loans now, while they’re still cheap. Use loans to buy commodities with intrinsic real value, like glass, copper wire and concrete. These can be tied up as a commodities package in the form of a house.   Guest Bio-  Jason Hartman is the founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. After entering the real estate business while still in college, Jason brokered properties for clients while investing in his own portfolio. Soon after his debut in the industry, he joined the ranks of the top one percent of Realtors in the US and became a young multi-millionaire.   Since then, he has expanded his talents into becoming a successful entrepreneur, public speaker, author, and media personality. Jason is also the creator of the Complete Solution for Real Estate Investors™ and the host of the Creating Wealth Podcast.    To find out more about Jason, head to https://www.jasonhartman.com/about/ https://www.jasonhartman.com/books/ https://www.jasonhartman.com/podcast/

Jason Hartman is the founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at 19, embarked on a career in real estate while brokering properties for clients. He was investing in his own portfolio as well. Through creativity, persistence and hard work, he soon joined the ranks of the top 1% of realtors in the U.S., and in quick succession, earned a number of prestigious industry awards and became a young multimillionaire.  Hartman now has been involved in several thousand real estate transactions, and he has owned income properties in 11 states and 17 cities. His companies help people achieve the American Dream of financial freedom by purchasing income property in prudent markets nationwide.

Ever think about getting into real estate investing but decided it was too intimidating? Our guest expert this week is Jason Hartman, Founder and CEO of Platinum Properties Investor Network, can alleviate a few of those fears.   Investing in real estate is part of the American dream and Jason is gonna dole out a few nuggets on how to successfully ply your trade in it. Plus, Jason reveals what he'd do if he were starting out in real estate today.   This episode is brought to you by, The Why and The Buy, hosted by Jeff Bajorek and Christie Walters. They interview entrepreneurs and sales experts to find out the why behind their success. Listen on Apple Podcasts or wherever you get your podcasts.   On today's show... 1:58 - A Robert Allen was all it took to get Jason into real estate investment 5:11 - "The first rule of successful sales is working" - Jason Hartman 8:35 - The best affirmation in sales comes from your prospects. 17:05 - What's the typical amount of money a diehard should set aside for real estate investment? 20:29 - What you do in the economy will be the great equalizer 26:37 - What Jason would recommend to anyone starting out in real estate 30:07 - What Jason would do differently if he were starting out today   More on today's guest Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation.  Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real  estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Join our Exclusive Sell or Die Facebook Group, where our members are already discussing the latest episode. Submit your sales question and we will answer it on the show! Need more sales help? Jeffrey's website: https://gitomer.com Jennifer's website: https://salesinanyminute.com Subscribe to the Gitomer Learning Academy: https://go.gitomer.com/gitomer-learning-academy   NEW BOOK Order your copy of Jeffrey's new book Sales Manifesto TODAY! Imperative actions you need to take and master to dominate your competition and win for yourself...for the next decade.   SEE JEFFREY LIVE It's time to skill-up. Learn from Jeffrey Gitomer, the King of Sales. He'll be giving a seminar in a city near you. Be there!

Many people ask how they can create "passive" income. But is there such a thing? What's the difference between direct investing and passive investing? And how much more can you make doing direct investing? Cash Flow Expert & Anti-Financial Advisor, Chris Miles, interviews real estate investor, Jason Hartman, about the difference, and some keys to successful investing. Tune in now! Jason Hartman Bio: Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation.  Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real  estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Chris Miles Bio: Chris Miles, the "Cash Flow Expert," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and has spoken to thousands getting them fast financial results.

Many people ask how they can create "passive" income. But is there such a thing? What's the difference between direct investing and passive investing? And how much more can you make doing direct investing? Cash Flow Expert & Anti-Financial Advisor, Chris Miles, interviews real estate investor, Jason Hartman, about the difference, and some keys to successful investing. Tune in now! Jason Hartman Bio: Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation.  Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real  estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Chris Miles Bio: Chris Miles, the "Cash Flow Expert," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He's an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and has spoken to thousands getting them fast financial results.

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. What you’ll learn about in this episode: Why specializing in one type of property but diversifying into different geographic markets has been the secret to Jason’s success Which regional markets Jason has found success in, and why he struggles to choose a favorite market How market viability can change dramatically just by changing neighborhoods, and why it’s difficult to predict volatility Why “linear” markets are consistent and reliable income with stable risks and gains Why “cyclical” markets are highly volatile and fluctuating high-risk/high-reward areas Why “hybrid” markets are a mix of linear and cyclical markets, with illustrative examples of each type How tax cuts have helped Jason grow his business and hire additional employees, reinvesting in the economy Why high-end real estate growth is beginning to slow, and what that may mean for a potential future economic downturn How focusing on linear markets can help insulate you from loss during any slowing or receding economic conditions Why a stable economy or a recession helps to filter out bad actors and questionable morals in real estate Resources: REInvestorSummit.com/Machine REInvestorSummit.com/live REInvestorSummit.com/privatelenders REInvestorSummit.com/coaching REInvestorSummit.com/aof

Perhaps you are hesitant to invest in real estate at the moment because of predictions of an imminent crash. But when is the ‘right time' to invest? What if I told you that it is always a good time to invest, as long as you make intelligent choices? Jason Hartman is the president of Platinum Properties Investor Network, a firm specializing in financial planning for real estate investors, and Hartman Media, a production company through which he hosts 20 podcasts that address business, investments and living well. A self-made multimillionaire and serial entrepreneur, Jason has founded 21 companies and initiated several thousand real estate transactions. Jason obtained his real estate license his freshman year of college and worked part-time for Century 21, learning about the investment side of the industry and developing his own portfolio. He eventually came to purchase and expand his own traditional real estate firm, and negotiated its sale to Coldwell Banker. In anticipation of that check, Jason sought investment advice from Wall Street – and uncovered a need for a financial planning firm-specific to real estate investors. So he created it himself! He is passionate about educating and assisting investors in acquiring pragmatic investments nationwide. Today Jason explains why the media characterization of ‘housing' is an oversimplification and outlines the different types of markets. Listen and learn how diversification can offer a solid ROI despite market volatility. Key Takeaways [4:12] The volatile nature of cyclical real estate markets Receive most attention, media coverage Located in coastal and trophy cities Can make or lose a fortune [6:00] Jason's take on Wall Street financial planners Little creativity Don't use the product themselves Best sales force (easy to invest) Worst product [6:53] What Jason learned in researching different real estate markets around the US Three types of markets – linear, cyclical and hybrid Invest in more than one market for a solid ROI [8:56] Why Jason founded a financial planning firm for real estate investors Real estate has the best product, but worst sales force He created the business to be his own customer [11:22] The misleading nature of media coverage of ‘real estate' or ‘housing' Cannot lump all markets into a single category Differentiate by product type, price and market (linear, cyclical, hybrid) 400 different markets in the US Case-Shiller Index only profiles 20 metro areas, 15 of which are cyclical  [12:54] The differences among linear, cyclical and hybrid markets Linear markets grow slowly over time Cyclical markets are like a roller coaster Hybrid markets fall somewhere in between [16:04] Jason's advice to investors with much equity who live in cyclical markets Use available tools and technology to invest outside your immediate area Diversify geographically (three to five different cities) Deploy equity in linear markets that generate a good yield [18:30] Why Jason cautions investors against cheap properties 12% of Americans unbanked Difficult to collect rent from C and D class tenants Connect with Jason jasonhartman.com Creating Wealth Podcast Resources Mentioned Marcus & Millichap Multifamily Investment Forecast IRR Viewpoint Report Milken Best Performing Cities Report Free eBook: The Secret to Raising Money to Buy Your First Apartment Building

Originally aired as CW 244 Join Jason Hartman and client, Patrick, for a timely discussion about the benefits of real estate investing. Patrick shares his experiences working with Jason Hartman and Platinum Properties Investor Network's investment counselors.

Your ambitions have lead you to do big things in life, and real estate is the vehicle to get you there. When you're down, there's a reason why and when business is booming, there are numbers certainly attached. Knowing your numbers and understanding how to keep score is important because it is a indicator of how to attain success. Best Ever Tweet: You will never understand when you are up or when you are down if you do not measure. Jason Hartman Real Estate Background: - Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation - Host of The Creating Wealth Show - Has 21 businesses in the investing, financing, real estate development and tech spaces - Owned properties in 11 states, had hundreds of tenants and been involved in several thousand real estate transactions - Based in Las Vegas, NEvada - Say hi to him at www.JasonHartman.com - Listen to his Best Ever Advice here: Click here for a summary of Josh's Best Ever advice:   Made Possible Because of Our Best Ever Sponsors: Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to to schedule the appointment. Subscribe in iTunes and Stitcher so you don’t miss an episode!

Welcome to Episode 86! This week Shelley talks to an investment expert, Jason Hartman. Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in his own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.   Maxum Coporation - Inspiring Greatness:   http://maxumcorp.com.au/podcasts/     Jason Hartman:   http://www.jasonhartman.com/

My guest in this episode is Jason Hartman. Jason is a self-made millionaire, serial entrepreneur, and host of a killer podcast with more than 3,000 episodes. Jason has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Share your thoughts with me on Twitter @mclaubscher and Instagram @cashflowninjapodcast Click To Tweet: Identifying Opportunities In a Changing Economic Environment If you have enjoyed our podcast, please share with friends and family Please Subscribe, Rate, and Review on Itunes so more people can find us! so more people can find us! Interview Links: Jason Hartman Homepage Hartman Media Support Our Sponsors Joint Ops Properties, have designed a system to take any beginner to an experienced deal making investor in the least amount of time, offering opportunities from basic education, coaching, bridge investing to turn-key investments in the cash flowing market of St. Louis, MO. www.jointopsproperties.com International Coffee Farms, Sustainable Income Through Offshore Sustainable Agriculture www.internationalcoffeefarms.com Audible, download any audio book for FREE when you try Audible for 30 days  www.cashflowninjabook.com Thanks so much for joining me again this week. Have some feedback you'd like to share? Leave a note in the comment section below! If you enjoyed this episode, please share it using the social media buttons you see at the bottom of the post! Also, please leave an honest review for the Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. And finally, don't forget to subscribe to the show on iTunes to get automatic updates, please follow me on twitter @mclaubscher and instagram, @cashflowninjapodcast. Special thanks to  for joining me this week. Until next time! Live a life of passion and purpose on YOUR terms, M.C. Laubscher

#BGEPresents Jason Hartman, Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company, and The Jason Hartman Foundation ..." 7 ways to avoid investment scams". Starting with very little, Jason, at the age of 19, embarked on a career in real estate while promoting his unique Personal Branding methodology through which Jason says “virtually anyone can achieve wealth, notoriety and a high level of personal satisfaction”. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards. By 1997, Jason realized his entrepreneurial dream and purchased an Irvine, California real estate brokerage firm. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Jason’s latest accomplishment is the celebration of his first company’s 11 year anniversary. Over the last 20 years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. While running his successful real estate and media businesses, Jason also believes that giving back to the community plays an important role in building strong personal relationships. He established The Jason Hartman Foundation in 2005 to provide financial literacy education to young adults providing the all important real world skills not taught in school which are the key to the financial stability and success of future generations. www.buildgrowandenjoy.com      

Summer is here! It is HOT in Los Angeles! What better way to cool off then listening to my podcast whilst inside sitting in front of the A/C? This week on the podcast the entrepreneur in the HOT seat is Jason Hartman; founder of Platinum Properties Investor Network, author, speaker and media personality. We are discussing the different types of investments available here in the U.S. and what are the PROS & CONS of each! Another CRACKIN episode jam packed full of awesome content & actionable advice from entrepreneurs who are crushing it! Check out all the show notes at www.rsnpropertygroup.com/podcast. Until Next Week! Happy Investing!

Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.   Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.   Welcome to the Expert Trading Systems Podcast with your host Steven Cawiezell. Steven has established TheTradersPlan.com as a distinctively unique ETF & Growth stock newsletter that focuses on trends in the market indices. Being a former Financial Advisor at a large broker dealer (and watching portfolios crash in 2008) forced Steven to create a Simple, Powerful Market Timing Strategy That Consistently Outperforms the Market Indicies that anyone can follow" To watch a free training webinar where Steven shares with you the secrets to his easy to follow ETF trading system simply go to TheTradersPlan.com On the Podcast Steven brings together trading systems experts, Professional Traders, and financial authorities to share with you how they help their clients make profitable trades and you can too.

Have you ever wanted to get into real estate? Jason Hartman thinks that’s a great idea.   Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S..   Hartman is a self-made multimillionaire entrepreneur, author, investor, lender and developer. He has owned properties in 11 states, had hundreds of tenants and been involved in several thousand real estate transactions. He is the host of 20 podcasts with about 3,000 episodes where he shares powerful strategies for business, investing and living the good life.   He has visited 78 countries, enjoys adventure, fitness and lifelong learning.   Jason’s Challenge; Give something away without any expectation of getting anything back. If you give things away, you are teaching your subconscious that the world is abundant.     If you liked this interview, check out episode 55 with Morgan Housel where we discuss personal investment philosophy and financial decision-making.

How would you like to build wealth through real estate investing? It's possible for even the smallest investors to benefit from what Jason Hartman prefers to call "income property." Jason is president of Platinum Properties Investor Network, and he joins me today on the Go For Launch podcast to talk about the merits and opportunities of real estate investing (i.e., generating income from owning commercial and residential real estate properties). Jason is also founder of Hartman Media Company, a network of 24 different shows. Jason embarked on his career in real estate in the 1980s and promoted his unique personal brand at every opportunity. Through creativity, persistence and hard work, he joined the ranks of the top 1% of realtors in the United States and in quick succession earned a number of prestigious sales awards. In 1997, Jason Hartman realized his entrepreneurial dream and purchased an Irvine, California real estate brokerage firm. In addition to managing his real estate brokerage, Jason Hartman speaks to audiences around the world, explaining how personal branding and relationship marketing can bring businesses and careers to a high level of success while maintaining balance in one's life. Jason believes that giving back to the community plays an important role in building strong personal brands. He has been involved with his local Rotary Club, sponsored a Little League team, served on the board of directors of the Young Executives of America and worked with a number of other public service organizations. Jason says that aside from the good feeling derived from involvement in such activities, secondary benefits include making valuable contacts and greatly enhancing one's personal brand. Through personal coaching and public speaking engagements, Jason Hartman shares his success-building techniques.

In this episode, Shannon talks to Jason Hartman founder of the Platinum Properties Investor Network and host of the Creating Wealth podcast about investing in income producing property as a means to grow your wealth. 

Jason Hartman on Why Real Estate Works so Well as an Investment Jack Butala:                   In the world of real estate investment, Jason Hartman needs no introduction. But just in case, Jason Hartman has been involved in several thousand real estate transaction and has transactions in his own income properties in 11 states in 17 cities. His company Platinum Properties Investor Network, Inc. helps people achieve the American dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's complete solution for real estate investors is a comprehensive system providing real estate investors with education research, resources and technology to deal with all the areas of their income, property, investment needs. Thanks so much for joining us. Jason, it's an honor to have you. For those of you in real estate who live under a rock, Jason Hartman is kind of the institutional investor at least in the podcasting world, I guess, I saw. Make sure- Jason Hartman:                 Well, its great to be here. Thank you for having me. Institutional investor, that's funny. Maybe I should be institutionalized. I don't know, some days ... No, I'm kidding. I love real estate. It's the best thing ever at least since slice bread. Jack Butala:                   Continue my attempt at your intro and kind of fill us in or fill our listeners in about who you are in the industry. Jason Hartman:                 Yeah, sure. Basically, I started my career being interested in real estate investing. I was only 16 years old. I went to my first real estate seminar at age 18. Got my real estate license my first year of college at age 19. Then purchased my first income property in Huntington Beach, California at age 20. Since then, I have just fallen in love with real estate investing. I spend many years in the traditional real estate business. I worked for RE/MAX. I was a very successful real estate agent, traditional real estate agent there. Then I purchased a real estate company and, years later, sold it to Coldwell Banker. Then about a year before that deal closed which was actually 10 years ago, just about now ... Actually 10 years ago today. Wow, didn't even realize that until I looked at the date. Jack Butala:                   Wow. Jill DeWit:                            That's cool. Jason Hartman:                 Today, 10 years ago, that deal closed. Many would say my timing was perfect. I think it was more lucky than good. Then I started ... About a year before the deal closed with Coldwell Banker, I started this real estate investment business where I became very interested in nationwide real estate investing in approaching the most historically proven asset class in the world, income property, from a nationwide perspective, from the perspective of the way a financial planner would do that, a financial advisor, a financial services firm. We've got ... It's always struck me as odd, Steve and Jill, that we've got these companies like Merrill Lynch, and Ameriprise, and all of the other firms that pedal the Wall Street garbage. We've got all of them out there, and they have such a mediocre to lousy product frankly yet they have a very good sales force and a very good system of selling their product. You look at real estate, which is the most historically proven product, it's the best product out there for investment and wealth creation, and it isn't sold very well. It's a very fragmented, inefficient market, a bunch of people doing things in their little local area. There are just a lot of things wrong with it, so I created my business to solve that problem. Jack Butala:                   Now, that's a great description. I'll tell you there's a lot of similarities between the two of us. I started my company in the late '90s the form that it has now. I looked at it for some of the very similar reasons. It's a rock solid asset to invest in. It [throws 00:04:20] up an asset based ...

Jason Hartman on Why Real Estate Works so Well as an Investment Jack Butala:                   In the world of real estate investment, Jason Hartman needs no introduction. But just in case, Jason Hartman has been involved in several thousand real estate transaction and has transactions in his own income properties in 11 states in 17 cities. His company Platinum Properties Investor Network, Inc. helps people achieve the American dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's complete solution for real estate investors is a comprehensive system providing real estate investors with education research, resources and technology to deal with all the areas of their income, property, investment needs. Thanks so much for joining us. Jason, it's an honor to have you. For those of you in real estate who live under a rock, Jason Hartman is kind of the institutional investor at least in the podcasting world, I guess, I saw. Make sure- Jason Hartman:                 Well, its great to be here. Thank you for having me. Institutional investor, that's funny. Maybe I should be institutionalized. I don't know, some days ... No, I'm kidding. I love real estate. It's the best thing ever at least since slice bread. Jack Butala:                   Continue my attempt at your intro and kind of fill us in or fill our listeners in about who you are in the industry. Jason Hartman:                 Yeah, sure. Basically, I started my career being interested in real estate investing. I was only 16 years old. I went to my first real estate seminar at age 18. Got my real estate license my first year of college at age 19. Then purchased my first income property in Huntington Beach, California at age 20. Since then, I have just fallen in love with real estate investing. I spend many years in the traditional real estate business. I worked for RE/MAX. I was a very successful real estate agent, traditional real estate agent there. Then I purchased a real estate company and, years later, sold it to Coldwell Banker. Then about a year before that deal closed which was actually 10 years ago, just about now ... Actually 10 years ago today. Wow, didn't even realize that until I looked at the date. Jack Butala:                   Wow. Jill DeWit:                            That's cool. Jason Hartman:                 Today, 10 years ago, that deal closed. Many would say my timing was perfect. I think it was more lucky than good. Then I started ... About a year before the deal closed with Coldwell Banker, I started this real estate investment business where I became very interested in nationwide real estate investing in approaching the most historically proven asset class in the world, income property, from a nationwide perspective, from the perspective of the way a financial planner would do that, a financial advisor, a financial services firm. We've got ... It's always struck me as odd, Steve and Jill, that we've got these companies like Merrill Lynch, and Ameriprise, and all of the other firms that pedal the Wall Street garbage. We've got all of them out there, and they have such a mediocre to lousy product frankly yet they have a very good sales force and a very good system of selling their product. You look at real estate, which is the most historically proven product, it's the best product out there for investment and wealth creation, and it isn't sold very well. It's a very fragmented, inefficient market, a bunch of people doing things in their little local area. There are just a lot of things wrong with it, so I created my business to solve that problem. Jack Butala:                   Now, that's a great description. I'll tell you there's a lot of similarities between the two of us. I started my company in the late '90s the form that it has now. I looked at it for some of the very similar reasons. It's a rock solid asset to invest in. It [throws 00:04:20] up an asset based ...

Leveraging systems to grow your business is critical when it comes to build scale. Jason Hartman, a successful serial entrepreneur, has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Learn how the entrepreneur can take advantage of the same strategies Jason leverages to provide security to his portfolio. Learn how to leverage systems to scale your business and investing to support a sustainable future. Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.

Bill Bartmann Founder and CEO of CFS2 and an aggressive advocate for reform of the debt-collection industry, said, “I am convinced we are on the right track to reforming an industry of rampant abuse and Governor Henry will play a big role in helping to deliver our message to regulators and capital sources.  His commitment to be a part of our company is proof of his belief that what we are doing is important and that we have the ability to change millions of lives.” Francis Jackson attorney who specializes in disability law for those seeking veterans disability benefits and social security disability benefits.  A founding partner of Jackson & MacNichol. He most recently appeared as a guest of Ben Glass on the “Consumer Advocate” show discussing benefits for veterans and social security disability benefits and how his practice allows him to make a difference in the lives of people facing disabilities.He was  honored by the National Academy of Best Selling Authors with a "Quilly" award in September, 2012, for his contribution as a joint author to the Amazon best selling book, "Protect and Defend"  Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.

Jason Hartman, successful real estate investor and host of the popular real estate investment podcast, The Creating Wealth Show, shares the ultimate investment equation with Heather Wagenhals, Executive Producer and host of UnlockYourWealthRadio.com. Tune in to Libsyn's Popular Money Show as Jason's interview will reair in this week's episode of the "Best of Season 23 of Unlock Your Wealth Radio". Jason Hartman, founder of Platinum Investor Network and CEO of Hartman Media, has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. In this interview Jason Hartman reveals his success-building techniques on real estate investing, offering advice on how to become successful in this industry. Tune in on the Unlock Your Wealth Radio Show to learn more from Jason Hartman on the diverse real estate investment opportunities.  This week's key trivia is based on last week's key:Hope for the Best, Plan for the Worst Learn more about The Keys to Riches Financial Wellness Series in this week's key: No Seasonal Exceptions   Season 23: The Best of Unlock Your Wealth Radio with Heather Wagenhals is where listeners can get their MoneyMind©Right with the hottest names in successful personal finance and celebrity guests like Larry Winget of A & E's Big Spender, star of Million Dollar Listing BRAVO Chris Leavitt, and Sharon Lechter co-author Rich Dad Poor Dad. Our lineup of guests for The Best of Season 23 continues with T. Harv Eker author of Secrets of the Millionaire Mind, Nathaniel Branden the Father of Self-Esteem, Chicken Soup magnate Mark Victor Hansen, real estate expert Jason Hartman, Kiana Danial the Invest Diva, Mastering Happiness coach Dr. Joel Wade,  NFCC-accredited Consumer Credit Counselor Thomas Nitzsche, serial entrepreneur Tom Corson-Knowles and frugal living expert Sara Tetreault.

Jason is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. His highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide.  Inside this FREE “First Millionaire Manifesto”, J V reveals the seven steps to seven figures and how to put more money in the bank, enjoy a richly rewarding life, and make a big difference.  Subscribe in iTunes Like this Podcast? Help spread the word. Subscribing and leaving a review helps other business owners and entrepreneurs find our podcast…and make their big difference. They will thank you for it.    Watch this FREE Video to discover the Secrets to getting in your zone, achieving fast results, and building a high-profit conscious business.  Conscious Millionaire Podcast: On his free podcast, Monday through Friday, J V interviews top successful entrepreneurs and business owners who reveal their business solutions and business opportunities on topics such as: conscious business, social entrepreneurship, business online marketing, internet business solutions, internet marketing, team building and culture, goal setting, how to become a wealthy entrepreneur, and developing a high-profit business plan that will change lives and the world.

Jason is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. His highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide.  Inside this FREE “First Millionaire Manifesto”, J V reveals the seven steps to seven figures and how to put more money in the bank, enjoy a richly rewarding life, and make a big difference.  Subscribe in iTunes Like this Podcast? Help spread the word. Subscribing and leaving a review helps other business owners and entrepreneurs find our podcast…and make their big difference. They will thank you for it.    Watch this FREE Video to discover the Secrets to getting in your zone, achieving fast results, and building a high-profit conscious business.  Conscious Millionaire Podcast: On his free podcast, Monday through Friday, J V interviews top successful entrepreneurs and business owners who reveal their business solutions and business opportunities on topics such as: conscious business, social entrepreneurship, business online marketing, internet business solutions, internet marketing, team building and culture, goal setting, how to become a wealthy entrepreneur, and developing a high-profit business plan that will change lives and the world.

In this episode, I interview Jason Hartman, a real estate investor and the founder fo 18 businesses. Jason has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.   Through our podcasts, educational events, referrals, mentoring and software to track your investments, investors can easily locate, finance and purchase properties in these exceptional markets with confidence and peace of mind. Visit www.JasonHartman.com and one of our investment counselors will provide your free portfolio makeover. We are here to help!   Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire.   Jason purchased an Irvine, California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide.   While running his successful real estate and media businesses, Jason also believes that giving back to the community plays an important role in building strong personal relationships. He established The Jason Hartman Foundation in 2005 to provide financial literacy education to young adults providing the all important real world skills not taught in school which are the key to the financial stability and success of future generations. We’re in a global monetary crisis caused by decades of misguided policies and the cycle of financial dependence has to be broken, literacy and self-reliance are a good start. Contact him at www.JasonHartman.com or 714-820-4200.

Denise Griffitts interviews Jason Hartman Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Jason also believes that giving back to the community plays an important role in building strong personal relationships. He established The Jason Hartman Foundation in 2005 to provide financial literacy education to young adults providing the all important real world skills not taught in school which are the key to the financial stability and success of future generations.

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. The United States offers nearly 400 distinct and diverse markets while most media pundits characterize the “housing market” as if it were a single entity. We realize they do this to cram a cogent comment into a simple sound bite. Real estate cannot be described that simply. It’s just not accurate. There is NO such thing as a United States real estate market. However, there IS an Atlanta, Georgia or a Dallas, Texas real estate market. To that end, we at Platinum Properties Investor Network scour the entire country with an “Area Agnostic™” approach and select the most suitable and sensible markets to recommend to our investors so they don’t waste countless hours doing it themselves. Through our podcasts, educational events, referrals, mentoring and software to track your investments, investors can easily locate, finance and purchase properties in these exceptional markets with confidence and peace of mind. Through our podcasts, educational events, referrals, mentoring and software to track your investments, investors can easily locate, finance and purchase properties in these exceptional markets with confidence and peace of mind. Visit www.JasonHartman.com and one of our investment counselors will provide your free portfolio makeover. We are here to help! Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, while still in college at the age of 19, embarked on a career in real estate while brokering properties for clients, he was investing in he own portfolio along the way. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards and became a young multi-millionaire. Jason purchased an Irvine, California real estate brokerage firm which he expanded dramatically and was later acquired by Coldwell Banker. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Over the years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason’s highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. While running his successful real estate and media businesses, Jason also believes that giving back to the community plays an important role in building strong personal relationships. He established The Jason Hartman Foundation in 2005 to provide financial literacy education to young adults providing the all important real world skills not taught in school which are the key to the financial stability and success of future generations. We’re in a global monetary crisis caused by decades of misguided policies and the cycle of financial dependence has to be broken, literacy and self-reliance are a good start. 

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.The United States offers nearly 400 distinct and diverse markets while most media pundits characterize the “housing market” as if it were a single entity. We realize they do this to cram a cogent comment into a simple sound bite. Real estate cannot be described that simply. It’s just not accurate. There is NO such thing as a United States real estate market. However, there IS an Atlanta, Georgia or a Dallas, Texas real estate market. To that end, we at Platinum Properties Investor Network scour the entire country with an “Area Agnostic™” approach and select the most suitable and sensible markets to recommend to our investors so they don’t waste countless hours doing it themselves. Through our podcasts, educational events, referrals, mentoring and software to track your investments, investors can easily locate, finance and purchase properties in these exceptional markets with confidence and peace of mind.

Introduction: Join Jason Hartman and his mom on this episode of The Creating Wealth Show as they discuss their long road trip through several markets including Cleveland, Cincinnati, Columbus, Nashville, Birmingham and Dallas. You'll learn about the “minimalist management” philosophy in creating bulletproof rental properties that require very little maintenance and a good overview of several markets.   Also, a big thank you to all of the doctors in the audience who provided advice and support relating to my mothers carotid artery surgery. She's doing well in the Cleveland Clinic provided a top-notch medical experience.   Visit www.JasonHartman.com to view properties in these markets and to register for our Little Rock Property Tour and Creating Wealth Bootcamp in late September. Happy investing!   Key Takeaways: ·      (1:40) Brief update about Jason's Mom's post-surgery health & the Cleveland Clinic ·      (5:54) How to handle late rent for long distance self-managed properties ·      (11:55) How to handle long-distance evictions without a property manager using an eviction service ·      (14:49) A special message from Bill Clinton ·      (18:28) Pleasantly surprised by downtown Cleveland ·      (21:23) Moving on to Birmingham and minimalist management styles ·      (26:44) Coming up in mid-late September: Little Rock Creating Wealth Seminar and Property Tour   Links: www.JasonHartman.com Audio Transcription: ANNOUNCER: Welcome to Creating Wealth with Jason Hartman!  During this program Jason is going to tell you some really exciting things that you probably haven't thought of before, and a new slant on investing: fresh new approaches to America's best investment that will enable you to create more wealth and happiness than you ever thought possible.  Jason is a genuine, self-made multi-millionaire who not only talks the talk, but walks the walk.  He's been a successful investor for 20 years and currently owns properties in 11 states and 17 cities.  This program will help you follow in Jason's footsteps on the road to financial freedom.  You really can do it!  And now, here's your host, Jason Hartman, with the complete solution for real estate investors.   JASON HARTMAN: Welcome to the Creating Wealth Show!  This is your host Jason Hartman, and this is episode #389!  Thanks so much for joining me today.  I kind of feel like I haven't been with you in a while!  At least not directly.  In that we've played a lot of interviews with guests and so forth, but not that many where I've just kind of been talking to you.  So I'm really glad to just be talking to you today, and going over a bunch of issues.  And I'm actually on the way to the airport.  I'm here in the south, in beautiful Gulf Shores, Alabama, and Mom is with me, she's taking me to the airport.  The first thing I wanted to say is, since I announced my mom's medical condition on the show, several weeks back, thank you so much to all of you.  I guess we've got a lot of doctors in the audience, so we really appreciate the calls, and the emails, and the advice we got from you, so thank you very much for that, and I'll give you a little update into what has happened since then.  Here's mom.  Mom, say hello!   Surgery in Cleveland   MOM: Hi, everyone.  I just want to say thank you also, for all of the concern that Jason's audience seem to show about my carotid artery operation, and just want to let you all know that everything turned out terrifically well at the Cleveland Clinic.  That is just a classy place to go, if you have anything wrong.   JASON HARTMAN: Good stuff.  I would totally agree; the Cleveland Clinic is an incredible operation.  I was very impressed.  So, with all of that, real estate is kind of in our DNA.  What happened is, I actually flew to Cleveland to meet my mom there, and she drove up there, and, well, I was in Cleveland, we were there for about a week with her recovery and so forth from the surgery, that went very well, as you just heard, and I met with our Cleveland local market specialist, who actually is one that we've been working with for quite a while in another market.  He formed an alliance with a group up in Cleveland, and I met with him, and I looked at their properties, and I gotta say, I did not think I would like Cleveland very much.  We have shied away from a lot of the previously blighted markets.    We're still shying away from the real blighted ones like Detroit.  But, you know, I was pleasantly impressed with Cleveland.  I really was.  It was amazing.  Now, I was impressed with all of the extensive downtown redevelopment projects; I was impressed with the properties, and the cash flow on those properties; I was impressed with the rehab.  Again, we're working in Cleveland, with the same provider we've been working with for many, many years in another market.  So, you'll hear more about that, and you'll hear more about his partner in the Cleveland market that's doing the direct business.  More on that to come.  I did shoot some video, and I'll share that with you on our YouTube channel, and maybe we'll even play the audio track from some of that video.  We might even do that on this podcast, time permitting, because one of those audio tracks is really just a conversation, while the other videos are looking at properties, and so the visual helps.  But for the conversation, we can probably just play the audio part of that video on the podcast here today.  And then, mom and I, after looking at Cleveland—oh, mom, you gotta share the funniest thing.  And I was very concerned about you during the surgery, as I was pacing around the waiting room and so forth there at the Cleveland Clinic.  But I knew you were okay when you were in the intensive care unit and you demanded your iPhone, and what were you doing on your iPhone?  I actually took a funny picture of you, why don't you talk about that?   MOM: Well, I had the operation the 2nd or 3rd day of the month—   JASON HARTMAN: It was the 2nd, it was July 2nd.   MOM: Okay, it was July 2nd.  Anyway, the rents are supposed to be in my bank account on the first day of the month.  So, I was simply calling those that I didn't think had paid yet, that weren't registered in my bank to pay their rent, immediately.   JASON HARTMAN: I know my mom's been on a few shows before, everybody, and you've heard her talk before.  She's the—I call it an extreme do-it-yourselfer.  She's not a do-it-yourselfer; she's an extreme do-it-yourselfer.  That mansion in which you live, you probably would have built it yourself if you could have.   MOM: I could have gotten rid of all of the bad health.   JASON HARTMAN: Yeah.  I tell you, building a house is a nightmare project.  So I would never recommend that to anybody.  But you know, that was your childhood dream ever since you saw Gone With The Wind as a little girl.  But anyway, what you do, that I think is kind of interesting—number one, you self-manage all your properties.  You don't use managers.  And you self-manage from a long distance.  You have properties as far away as about 2,000 miles or so, and then you have closer properties that are within, I don't know, maybe 60, 80 miles.  Biloxi, Gulfport, that's where you've got one.  You've got another one in Tuscaloosa I think, right?   MOM: Yes, uh huh.  Those are the closest.   JASON HARTMAN: Do you have anything in Mobile, Alabama?   MOM: No, uh uh.   Dealing with Late Rent   JASON HARTMAN: So, those rental properties, what you do that's interesting, is you have all your tenants deposit the rent into your bank account.  So, you bank with a big national bank, and they're responsible for going to the bank and depositing the money into your account on the first.  And I remember when you were in the intensive care unit, and this was literally, I mean—look, folks.  I tried to stop her.  I tried to take the phone away.  She wouldn't have it.  Just, you have to know my mom to understand that.  You're not gonna stop her from doing anything.  And so, you had a sheet of paper there, and you were looking at the deposits, and you had a pencil, and you were writing down on a sheet of paper which ones had deposited, and you discovered that of all your rental properties, four people had not made their deposit, and you were calling them on your iPhone from the ICU, where they strictly say that you are not allowed to have phones in there.   MOM: Well, actually, it was only three people.  The bank had kind of made a mistake on one of the tenant's deposits; I couldn't quite recognize it, but they corrected that the next day, and the tenant told me that they had definitely deposited, and they were telling the exact truth.  So it was only three people that hadn't deposited immediately.   JASON HARTMAN: What strikes me as interesting—and again, if you use property managers, you don't have this opportunity—but I remember listening to you talk to your tenants on the phone, and what strikes me as interesting is how I think that because you have this kind of a personal relationship with them—of course it's a business relationship, you're not friendly with them, so to speak.  You're not getting too close to them, in other words.  But because they know you, and they view you as an actual person, rather than some sort of nameless, faceless institution, I feel that you exert some more pressure over them to get them to pay, and pay quickly.  Do you agree, or have anything to say about that?   MOM: I just make it very clear that I cannot tolerate late rent payments when they sign that lease.  And they know that I expect and demand that my rent be paid the first day of the month.   JASON HARTMAN: So, tell the listeners kind of how you handle that, and what you say to people, and things like that.  And by the way, folks, we're gonna cover a lot of other subjects in this show, in this episode, so I'm just going over a few things here that struck me as kind of funny with mom.  But, tell the listeners how you handle that, what you say to them.   MOM: Well, I simply call them and say, hi whoever it is on the other end of the line.  I don't see your rent in my bank deposit yet, and is there a problem, or did you already put it in, or what is going on?  And they tell me what has happened.  And I say, look, you know there's a $60 late fee if you don't have the rent in there the first day.  I really do not want your $60.  I simply want your rent on time.  When will the rent be put in the bank?  And they tell me.  And if it isn't in there on that first day of the month, I say, well, be sure to put in the $60.   JASON HARTMAN: For the late fee.  Okay.  And do they usually do that?  Do they cooperate, and put it in?   MOM: Yes, most of them all do that.  There is one tenant that does not do that, and all of those $60 late fees will simply be deducted out of their security deposit when they leave.   JASON HARTMAN: Okay.  So, now, you did have a problem, though, that was kind of stressing you out on one of your properties.  And this is a long distance property again; it's about 2000 miles away from you, so, it's far away, and you actually called up a real estate agent, I think you were called a Century 21 office, and kind of describe for the listeners that whole story.  And that happened this month.  You know, these are unusual, but it happened to happen this month, you happened to be in the intensive care unit at the Cleveland Clinic, which I think is ridiculous that you were doing this, but, I don't know.  Maybe that's what keeps you alive, is you have a purpose, you know?  You knew you had to recover from surgery, and recover quickly, because you had to collect your rent.  So, it's kind of like Viktor Frankl's Man's Search For Meaning.  Another version of it.  The modern version.   MOM: Well, what happened is that this tenant is now—we're in the eviction process.  And the tenant had moved in a girlfriend, and he simply didn't pay.  So, I called a local real estate agent, and I told them the situation, and I asked them to, would they please go over there and just check and see if the place looked like it had been abandoned?  If tenants were still living in there, or what.  Anyway, the gentleman, very nicely did go over there, and—   JASON HARTMAN: The realtor.   MOM: The realtor.  And as he was there, someone was coming out of the door.  And it happened to be the girlfriend.  And I said, please let me speak with her.  And so, she just took his phone, and took it in the house; the poor real estate guy lost his phone.  He was ready to call the police to get the phone back.  She carried out a ten-minute conversation with me about when they were going to pay rent, and all of the details.  I said, please, now give that man back his phone.  I talked to the realtor—   JASON HARTMAN: This is hilarious.  It's like a reality show, you know?   MOM: I talked to the realtor, a few hours later I called him, and said, I wanted his address, I wanted to send him a check for his work in helping me out.  And he refused the check, and he says, that's just my job, to give really good service to people.  So I thought, that's a great guy.  And I will certainly go back to him when I need to.   JASON HARTMAN: Yeah.  So, the realtors—you know, there's—what you've gotta realize, if you want to self-manage your properties, and if you want to be an extreme do-it-yourselfer like my mother—I mean, the vast majority of my clients, you know, and I'm talking vast, vast majority.  Maybe 95% of our clients, use property managers.  And you know, I do it both ways myself.  Some of my properties I self-manage, and as I've said to you on many episodes for a long time now, I was happily, pleasantly surprised that I could do this from a long distance.  I never thought that was achievable.  And for our members, I taught a whole webinar on that topic, and I've talked about it on the podcast as well, on prior episodes, about long distance self-management of your properties.  So, there are advantages and disadvantages to each.  What you're hearing now is from an extreme do-it-yourselfer.  So, good.  Anything else on that?   MOM: No, other than the fact that I have now done all of the eviction preparation work.   Do-It-Yourself Eviction   JASON HARTMAN: So, how do you handle a long distance eviction like that?  Without a property manager?  Tell us what you do.  You go online, you find an eviction service, etcetera—tell us what that's about, and how it works, and how much it costs.   MOM: Well, first off, I do file a three-day notice to pay rent or quit.  Because I know all of the details.  And I then hire a process server, which costs anywhere from $30 to $50 or $60 to get the thing served.  Then you send the proof of service to the attorney.  And you can go online and just Google eviction services.  You always want to get a firm that specializes in evictions.  Don't get a firm that does every other kind of legal work.  Just evictions only.   JASON HARTMAN: Yeah.  So, there are lots of law firms out there.  They are technically law firms, that offer eviction services, that are like an assembly line.  They're a mill, and they just process evictions, and deal with tenant issues, like crazy.  And one of the things I say when I talk about self-management, is that sometimes, your property managers will actually do this process themselves.  You know, they will go, and they will post a three-day notice right on the door.  Sometimes they nail it right to the door.  And it's kind of embarrassing for the neighbors to see that.  And they will actually do all of this, and they will handle the eviction, they will show up in court, they will take it all the way through getting your judgment against the tenant, which you can later collect on.  Or, at least, try to collect.    And I've talked a lot about that.  A lot of those judgments are a lot more collectible than people think.  In fact, when you were online today, I saw on your computer screen, mom, when you were online looking at eviction services, I saw that there was like a banner add there on that website that said, we want your old judgments.  And so, a lot of these services, and a lot of other people out there, will actually buy these judgments from you.  Now of course they're gonna buy them at a discount, so if you have a tenant who owes back rent, or has damaged the property, and you've got a judgment against them for, say, $2000—I've never sold off a judgment like this, but I would assume that these services will buy the judgment from you, and do all the collection themselves for maybe 50, 60 cents on the dollar, depending on how big it is, how collectible it is, etcetera, etcetera.  But you can just sit there with a judgment and wait, and collect eventually too, and those judgments do accumulate interest.  So, this can actually be kind of a good investment, oddly.  And if that tenant ever tries to get an auto loan, or apply for credit somewhere, or someday buy a house, that prospective lender will usually say, hey, you gotta pay off this judgment before we're going to give you a loan.  So, don't just assume that because the tenant is broke today, or they're a deadbeat today—fortunes change, and that won't stay the same forever.   BILL CLINTON: Hi.  This is Bill Clinton, and I want to invite you to hang out with my friend, Jason Hartman, in my hometown of Little Rock.  Jason and his interns, you know I like interns, are having his famous Creating Wealth Seminar and Property Tour here!  So drop everything, including Hillary, and go register at www.jasonhartman.com, right now.  This event is coming up soon, but, as I like to say, it depends on what the meaning of the word ‘is' is.  See ya there.   JASON HARTMAN: So, what else happens in the eviction service?  Tell us about that.  Anything else?  Did you hire the attorney on that one already?   MOM: Yes, he sent me a couple of forms to fill out.  And his price for an eviction in Riverside County is $670.    JASON HARTMAN: Now that's pretty expensive, actually, huh?   MOM: The prices went up, I think, about a year ago, or a few months ago.  Because it was usually around $599, something like that.   JASON HARTMAN: Boy, I've heard of people hiring them for a lot less than that!  I've heard of people getting them for $2, $300.  You know, I bet you—and now, those are old properties that are in the Socialist Republic of California.  And I'll bet you, although I do not know, this is just a guess—that part of that has to do with the fact that California's such a tenant-friendly state, and it's just harder to evict people there.  You know, one of the reasons we don't recommend it as a market.   MOM: You know, I don't know.  In some counties—Los Angeles County has a different price, and I think San Bernardino County has a slightly different price, and Riverside County has a slightly different price.  So it depends on which county you're operating in.   JASON HARTMAN: Have you ever done one—did you do one here in the south, where you've got your Southern United States properties?   MOM: No, I've never done an eviction here.   JASON HARTMAN: And your cash flow's so much better here too.  You've gotta—see, my mom's strategy—look, folks.  Of course your family's never gonna really listen to you too much.  But now I can say, you should see her expression right now.  Oh, here we go again, rolling the eyes.  But, selling those properties, those properties that she's had for decades, okay?  From the 70s, 80s, 90s, maybe you bought some in the 90s, I think you did, and selling them on 1031 exchanges, and exchanging those into other properties in more landlord-friendly places, and you know, with much, much better cash flow, that would be a great strategy for you.  But speaking of that, let's talk about some of the markets we saw.  Because we took a road trip after your surgery; they let you out of the hospital after two days in ICU, and one day, or one night, I should say, in the regular room in the hospital, where we watched fireworks from your room.  And it was pretty good, actually.  Cleveland had, I don't know.  How many fireworks displays did we see there?  Maybe 13, 15 fireworks displays?  And a beautiful sunset.    The Cleveland clinic is like, a hospital that's sort of on the swankiness level, almost, as the W Hotel, but with the service of a Ritz Carlton.  I was just totally impressed.  And I know you were too.  And so, we watched fireworks there, and you checked out the next day.  And then we drove around Cleveland.  And number one, that was super impressive.  But then we took a road trip, and we went to Cincinnati, we looked at properties, we went to Birmingham, we looked at properties, we went to Nashville, and then back home to Gulf Shores, Alabama, and then I took off to Dallas to go look at some discounted mortgages, discounted notes.  And we're thinking of offering that to our investors.  So, we'll talk about that on a future episode in more detail, but it's interesting.  Talk a little bit about Cleveland, if you would, mom, and then let's talk about, maybe the other highlight would be Birmingham.  I'll talk a little bit about the properties I looked at in Dallas, and then we'll kind of wrap up here.   MOM: I was really, really, really impressed with the city of Cleveland.  I had it in my mind that it was one of these old steel kind of rust belt cities.   JASON HARTMAN: A blighted area.   MOM: But wow was I impressed.  Downtown—beautiful, beautiful displays of flowers everywhere.  And darling restaurants, and shops.  I just couldn't get over how lovely it looked!  It was incredible!  And then, the drive that we took along Lake Erie, where all of those big, beautiful houses were—I mean, some of them were just like castles.  I was just blown away.   JASON HARTMAN: Those are like the old money—probably old industrial money—homes, and they were very impressive.   MOM: But there were also beautiful neighborhoods that, these weren't castles, but they were beautiful big homes, just one house after another, huge big lawns, everything was green, lots of trees, flowers, just a lovely sight to drive around.   JASON HARTMAN: Amazingly, you know, some of these former rust belt cities are really finally getting it.  They're not doing the idiotic thing, you know, the big government liberal thing, where they drive all the businesses out, like California has been for so many years.  And they're getting it.  I mean, there are a whole bunch of incentives to move your business to Cleveland.  They'll give you free real estate, they'll give you free warehouses.  And I mean, mom, one of the things that just, I couldn't believe it—you know, we went to the rock and roll hall of fame, we had lunch downtown, we had dinner downtown the night before, at that beautiful restaurant—what was that called?  Blue Nose, or something?   MOM: I think it was Blue Point, or Point Blue?   JASON HARTMAN: Blue Point, yeah.   MOM: And there was a horse with carriage that you could drive around the city with—   JASON HARTMAN: There were a few of those, remember?  And remember my dog Coco, who's in the back seat here—   MOM: Oh, there was more than one of them, definitely.   JASON HARTMAN: Remember how Coco freaked out thinking that horse is a big dog?  She didn't know what to think of that.  But, that was amazing.  And, it was so clean, I didn't see a single homeless person anywhere.  Now, maybe it's just too cold to have many homeless people.  But it wasn't cold when we were there, of course, in the summer time, but it is other times of the year, and I mean, I was just amazed.  I did not think it would be that nice.  It certainly wasn't that nice last time I was there years ago.   MOM: And there was one charming area called Little Italy, with all of the tables out on the sidewalks, and the tablecloths, and people eating out in the evening.  It was just totally charming.  I was—I liked it a whole bunch.   Birmingham, Alabama, Real Estate   JASON HARTMAN: Okay, let's switch gears, and let's talk about our next real big property stop.  I mean, we did some others, but you know, these are the major highlights we'll give you.  And that was Birmingham, Alabama.  Now, we've been doing business in Birmingham for a while.  We stayed at that beautiful Weston Hotel in Birmingham, and that whole new area of redevelopment there that was really, really nice.  Shops, restaurants—it was gorgeous.  It was really nice.  Then we went out with our provider who we've been working with for a long time.  We saw some of the homes that you, the listeners, our clients, have purchased and rented.  And some that are in escrow, or under contract, I should say, and you know, you haven't closed on them yet.  We saw some of those, and took some video.  And the thing about Birmingham is that there are different management styles, different rehabbers or local market specialists that we work with have a different style of doing business.  And you know, one of the things I say is that this is a very fragmented industry.  Everybody works a little differently.  That's what keeps the institutional investors largely out of our business.  I know we've been talking about hedge funds, and private equity being in the real estate business.  But, they don't like it very much, and they're not really staying in it.  They're not here to stay.  Because   it's just too fragmented for them.  It's not easy for them, like other institutional investments that offer lower returns.  But when it's not your money, your return is not that critical of an issue, okay?  And that's how they think.  They just get paid to manage capital, right?  So, Birmingham, the key thing there is, our local market specialist there, is what I call the minimalist manager.  And what I mean by that is that these properties are really designed, and the rehab is done in such a way that the property is kind of bulletproof, if you will, where there's just not that much to break.  And you know, I was thinking about all the properties I own, and have owned over the years, and the things that break, and the things that I get—you know, calls on, or you know, the property manager shoots me an email on, asking me, do I approve this expense to fix this or that.  And I couldn't believe our local market specialist there, who's also a property manager.  You know, mom, do you want to talk about some of this minimalist management?  That you, by the way, loved it, okay.  I was a little bit less enamored of it than you.  But the more I think about it, the more I think, gosh, you really could have nearly expense-free properties with this style.  What are your thoughts?   MOM: I was impressed.  Because if you don't have a garbage disposal to fix, or a dishwasher—   JASON HARTMAN: You know, they said the actually prefer properties with no garages, and if it has a garage, they usually take the garage door out and just make it a room!  Because it's less things to break, you know?  There's never going to be a garage door to repair.  There's never going to be a garage door opener to repair.  Things like that.   MOM: Yeah.  And no microwave oven to replace.  I just love the whole concept of this minimalist type of thing.  It reminded me of houses that were built in Los Angeles in the 1940s.  They didn't have all of these great, modern improvements, you know?  All of these kitchen packages, the stove, the refrigerator, the microwave, the garbage disposal—that wasn't in existence in Birmingham.  And those would be great houses.  The rent might be lower, but you're not going to spend all of that money fixing them up and hiring plumbers to go out there.   JASON HARTMAN: Well, the rent really is quite good.  I mean, these are lower middle houses, okay?  And so, the typical deal there that we looked at, where you'll buy the property for maybe $55-65,000—I mean, there are—this fluctuates, but this is what we kind of looked at that day.  And it will rent for about 1.2% of the value.  Maybe somewhere in that range.  So, your $60,000 property will rent for $800 a month.  And it's a minimalist deal, so again, the tenant doesn't have very high expectations.  They get a single family detached home, and they get a yard, front and back, and they get three bedrooms, and one or two baths—   MOM: And another nice aspect of those homes is, because they are the older homes, is that they typically have hardwood floors in.  So, hardwood floors are much more desirable than carpets.  And you don't have to keep replacing the carpets.   JASON HARTMAN: Yeah.  A lot less maintenance there.  So, that's the minimalist style of management.  And what it means—no garbage disposals, no dishwashers, no microwave, no garage, and obviously, no refrigerator, washer, and dryer.  The tenant supplies their own.  And the tenant can treat the dishwasher just like any other appliance.  They don't, a lot of times, expect a washer, dryer, or a refrigerator.  So, they bring those, and they can bring a dishwasher too.  There are dishwashers that are mobile, that are, you know, not built in.   MOM: When I said the rents are lower, they're not lower in—they're lower than the rents that you would get in California.  But in relation to the prices that you pay for those houses, you are having positive cash flow!  I mean great positive cash flow.  And the point is that you get to keep most of it, because you don't have to spend it all in repairs.   JASON HARTMAN: Yeah, good stuff.  And we're gonna be touring, by the way, slated for mid, maybe late September, but our Little Rock Property Tour.  By the time you hear this I'm pretty sure it'll be on the website at www.jasonhartman.com, so there's another great market that you can look at.  And I just—we're kind of running out of time, so I think I'm going to skip telling you about our Dallas tour.  I mean, not ours as a company, but my Dallas tour.  And I'm not gonna tell you about discounted notes, and those kinds of opportunities, in this show, because we're already at about 30 minutes here.  But I do want to tell you, go to www.jasonhartman.com, join us for our Little Rock Creating Wealth Seminar and Property Tour, and that will be in mid-late September, more details to follow very soon, but you can register and get the early bird pricing, at www.jasonhartman.com, in the events section.    [MUSIC]   ANNOUNCER (FEMALE): I've never really thought of Jason as subversive, but I just found that's what Wall Street considers him to be!   ANNOUNCER (MALE): Really?  How is that possible at all?   ANNOUNCER (FEMALE): Simple.  Wall Street believes that real estate investors are dangerous to their schemes, because the dirty truth about income property is that it actually works in real life.   ANNOUNCER (MALE): I know!  I mean, how many people do you know, not including insiders, who created wealth with stocks, bonds, and mutual funds?  Those options are for people who only want to pretend they're getting ahead.   ANNOUNCER (FEMALE): Stocks, and other non-direct traded assets, are losing game for most people.  The typical scenario is: you make a little, you lose a little, and spin your wheels for decades.   ANNOUNCER (MALE): That's because the corporate crooks running the stock and bond investing game will always see to it that they win!  Which means, unless you're one of them, you will not win.   ANNOUNCER (FEMALE): And, unluckily for Wall Street, Jason has a unique ability to make the everyday person understand investing the way it should be.  He shows them a world where anything less than a 26% annual return is disappointing.   ANNOUNCER (MALE): Yep, and that's why Jason offers a one book set on creating wealth that comes with 20 digital download audios.  He shows us how we can be excited about these scary times, and exploit the incredible opportunities this present economy has afforded us.   ANNOUNCER (FEMALE): We can pick local markets, untouched by the economic downturn, exploit packaged commodities investing, and achieve exceptional returns safely and securely.   ANNOUNCER (MALE): I like how he teaches you to protect the equity in your home before it disappears, and how to outsource your debt obligations to the government.   ANNOUNCER (FEMALE): And this set of advanced strategies for wealth creation is being offered for only $197.   ANNOUNCER (MALE): To get your creating wealth encyclopedia, book one, complete with over 20 hours of audio, go to www.jasonhartman.com/store.   ANNOUNCER (FEMALE): If you want to be able to sit back and collect checks every month, just like a banker, Jason's creating wealth encyclopedia series is for you.   [MUSIC]   ANNOUNCER: This show is produced by the Hartman Media Company.  All rights reserved.  For 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Introduction: John Lawrence Allen is a securities litigation attorney helping investors recover funds lost through investment fraud or incompetence. He's a former Los Angeles Deputy District Attorney and author of the new book, “Make Wall Street Pay You Back.”  Allen talks about the dirty tricks Wall Street plays and how average people can protect themselves from Wall Street. Allen also gives some tips for investors before they invest a large sum of money with an advisor or hedge fund. He also shares how financial advisors can mitigate their risk of fraud.   Key Takeaways & Time Stamps: (2:20) John Lawrence Allen: background and history of latest book (3:06) How Wall Street and the investment landscape have changed over the last 20 years (4:06) On the arbitration process (7:34) On the laws not being in favor of the consumer (11:34) A brief message from Bill Clinton (12:13) Causes of action: fraud, incompetence, etc. (17:00) The extraordinarily high commissions on life insurance sales (19:11) How does the investor know what fees are being assessed by financial advisors? (22:08) The length of the FINRA arbitration process (22:55) On “simplified arbitration” for small claims (24:58) Discussion of other types of fraud, beyond incompetence and excessive commission (30:20) Discussion of a managed future deal Jason was pitched on (33:30) Some tips on buying gold: always invest in bullion, never numismatic coins (38:12) Who claims are usually made against (39:42) Jon Corzine, MF Global, & the Insider's Game (44:19) Bad monetary policy forces people to take inappropriate risks (45:03) Closing statements   Links: www.MakeWallStreetPayYouBack.com. www.Amazon.com to purchase the book: Make Wall Street Pay You Back Find out more about John Lawrence Allen at www.myinvestorfraud.com.   Bio: Former Los Angeles Deputy District Attorney John Lawrence Allen represents investors nationwide in securities arbitration. Mr. Allen spent seven years working for two major Wall Street firms and was chief investment officer for two hedge funds. Mr. Allen pens a blog on impactful subjects that affect all of us and is a respected legal expert who provides insightful commentary on national TV, radio and print.   Audio Transcription: ANNOUNCER: Welcome to Creating Wealth with Jason Hartman!  During this program Jason is going to tell you some really exciting things that you probably haven't thought of before, and a new slant on investing: fresh new approaches to America's best investment that will enable you to create more wealth and happiness than you ever thought possible.  Jason is a genuine, self-made multi-millionaire who not only talks the talk, but walks the walk.  He's been a successful investor for 20 years and currently owns properties in 11 states and 17 cities.  This program will help you follow in Jason's footsteps on the road to financial freedom.  You really can do it!  And now, here's your host, Jason Hartman, with the complete solution for real estate investors.   JASON HARTMAN: Welcome to the Creating Wealth Show.  This is your host, Jason Hartman, and thank you so much for joining me today.  We'll be back with today's guest or segment, in just a moment.   [MUSIC]   JASON HARTMAN: It's my pleasure to welcome John Lawrence Allen to the show!  He is a securities litigation attorney, helping investors recover funds lost through investment fraud or incompetence.  He's a former Los Angeles Deputy District Attorney, and the author of a new book, entitled, Make Wall Street Pay You Back.  And of course you know over the years I've said with some degree of sarcasm, that Wall Street is the modern version of organized crime, and my Commandment #3 for successful investing is, maintain control, because when you don't maintain control, you leave yourself susceptible to three major problems.  Number one, and we're gonna address that during the interview with John today, you might be investing with a crook.  Number two, you might be investing with an idiot.  And so we'll address those two.  And number three, even if they're honest, even if they're competent, they take a huge management fee off the top for managing the deal.  So, we'll kind of dive into this.  John, welcome.  How are you?   JOHN LAWRENCE ALLEN: I'm good.  How are you today?   JASON HARTMAN: Good, good.  Well, it's great to have you.  And just to give our listeners a sense of geography, where are you located?   JOHN LAWRENCE ALLEN: My office is in White Plains, New York.  I used to have an office in California and midtown Manhattan, and I've now moved out to the Connecticut countryside to work in White Plains.   John Lawrence Allen: background and history of latest book   JASON HARTMAN: Fantastic.  Well, tell us about your background, and how you came to write the book.   JOHN LAWRENCE ALLEN: Well, I wrote my first book, Investor Beware, 20 years ago.  And that was—actually, more than 20 years, I guess it's been now.  Almost 25 years ago.  And that was the result of having been in the industry.  I spent 7 years on Wall Street, and I invented an arbitraged [unintelligible] program.  That's how I went into Wall Street.  And I got very, very dissatisfied with the [unintelligible], and the outright unethical activity I saw around me.  And it got so bad that I quit, and I wrote my first book, Investor Beware, to help people protect themselves from the way Wall Street operates.  But over the last 20 years, the entire investment landscape has radically, radically changed.  And the entire way brokers do business has changed.  And if investors aren't aware of these changes, they may very well end up becoming victims of the Wall Street community.   How Wall Street and the investment landscape have changed over the last 20 years   JASON HARTMAN: You know, when you say those changes, I don't know what you're referring to, so I'll have you tell me.  but is one of them—one way that I think large corporations really oppress people, is through the commercial arbitration act.  And I know so many years ago in the 90s, when there was a lot of securities fraud in the news—of course, that seems to be an ongoing issue, of course.  And, you know, a lot of people have lost money in the stock market.  They made some new rules—I don't know, you know, exactly which agency that came out of.  Maybe it was the FCC, or FINRA, I didn't mean to say FCC, did I say that?  The SEC, the Scoundrels Encouragement Commission, as it's been called.  But it is—is that arbitration?  Because arbitration, really I think takes away people's rights quite a bit.   On the arbitration process   JOHN LAWRENCE ALLEN: Well, that's an interesting—there's two sides to that coin.  Yes, they take away people's rights.  And people don't know it, but if you have a problem with a broker dealer—that's, you know, any licensed firm that buys and sells securities for you—if you have a problem with the representative who works at a broker dealer, when you sign your contract with them, you waive your right to a court trial or jury trial.  That means, you don't get to be in front of a group of your peers, you don't get to have any of the help that you would get in a court room, or in a civil or jury trial.  That's the negative side.  But there's a positive side to it.  The positive side is, you're gonna go into arbitration, which is significantly less expensive, significantly less time-consuming, and far swifter justice than you could ever get in a court.  Let's say you win a court case, and what's gonna happen?  Well, the arbitration—not the arbitration.  Securities firm is going to appeal that matter, and you're gonna get stuck in court for another couple of years.  On the other hand, if you go to FINRA—Financial Industry Regulatory Authority arbitration—you're gonna be in front in a case of $100,000 or more, three arbitration judges, who are gonna rule very quickly, and you're gonna have a result very quickly.  And if you win, they have to pay within 30 days.  You don't have any of the problems of collecting, or appeal, or the lengthy process that's involved in the court proceeding.  And there's one more positive, I find, in arbitration.  That is, if you get into a complex securities case, there are complex issues and facts that the average juror really can't grasp that well.  But these arbitrators are usually business people, and they have a business background, and they understand wrongdoing when they see it, and they're not afraid to make an award.  The one thing that is difficult is to try to get punitive damages.  That's very difficult arbitration.  I've attained it more than once, I've gotten it, but it's a difficult road to go, to try to get punitive damages.  And lastly, you don't have to get bogged down in a motion practice where a wealthy brokerage company with an unlimited pocket can paper you to death with motions and motions to compel and sanctions and hearings and depositions and request remissions and all the discovery stuff that goes on.  None of that's allowed in arbitration.   JASON HARTMAN: I mean, I've been in arbitrations.  They have depositions though.   JOHN LAWRENCE ALLEN: Not in federal arbitration.  For securities cases.  Yes, in civil arbitration, but if you go into a FINRA arbitration, there are no depositions, there are no request remissions, there are no interrogatories.  You can do a document request, but it's very limited, which means that you're gonna save a great amount of time and a great amount of expense, and a great amount of heartache.  So, all in all, oddly enough I actually—when I started, I didn't like, or I perceived not to like, the arbitration process.  But now that I've done it for so many years, I think that it's a good methodology to get swift justice.   JASON HARTMAN: Okay.  Well, I don't want to belabor that one, because it'll take away from sort of the crux of our discussion, but it's good to hear your point of view on that.  So, the thing you were saying, in terms of the laws not being in favor of the consumer, in this case the investor, is no jury trial, and what was the other one?   On the laws not being in favor of the consumer   JOHN LAWRENCE ALLEN: No court trial.  No judge—   JASON HARTMAN: Okay, no court trial at all.  So, arbitration.  But, were there any other things you wanted to mention there, before I got you on this tangent of arbitration?   JOHN LAWRENCE ALLEN: Well, I just—I think that the cost effectiveness is so overwhelmingly in the—you know what it does?  It puts you on an even footing with someone who has an unlimited budget, which you can't do in litigation unless you're willing to spend the money to ante up.  But in arbitration, you're on an equal footing with your opponent.  And if you have a competent, skilled, highly qualified and knowledgeable attorney who knows the ins and outs of FINRA arbitration, you've got a long way towards getting your money back.   JASON HARTMAN: So, that may be different—and again, I don't want to belabor this arbitration point too much, because there's other issues, of course.  But, it sounds like it's better, with a FINRA situation, for people that have been defrauded, just lost money because of incompetence on Wall Street.  But in a typical arbitration, those arbitrators—I think, I'm pretty sure, they really lean toward the person who put the arbitration clause into the contract, because they view them as repeat customers, and we'll call it part of the vast Wall—the vast arbitration conspiracy.  It blows my mind that AAA, the American Arbitration Association, is actually a nonprofit organization.  The fees are enormous.  And we all pay taxes to have a public court system.  And listen, I'm no fan of prolonged litigation, or litigation at all, but gosh, why do you have to pay for a private court, which in the typical arbitration, probably not FINRA, with what you explained, acts, in my opinion, as a bit of a kangaroo court—especially the fact that these things are confidential.  And you get these real estate developers that develop these condo properties and so forth, and you know, they all put arbitration clauses in their contracts.  And you can't do a litigation search on them before you, say, buy a property, to see if they're a bad apple, if they've been sued by hundreds of investors!  It's all hidden from public view.  And that just makes me think of a Third World, Banana Republic country where they've got these kangaroo courts, and you know, our whole system is based on transparency.  At least that was the original idea of it.  So, that's my bone to pick with arbitration.   JOHN LAWRENCE ALLEN: Well, you raise a good point.  And I would tend to agree with you.  Up until a couple years ago, arbitration had two panel members that were public, and one who actually came from the industry, and it was in many cases biased in favor of the arbitration people, meaning the broker dealers.  And I think the statistics, not from me personally, but the statistics generally bear out your concerns.  People don't do all that well in arbitration.  They win about half their cases, and of the cases they win, they win about half the money they got back.  So, I don't put that as good odds.  That's not been my experience, but I am very selective in the cases I take, and I put in a great deal of time to win these cases.  I understand that you're not gonna get money from three business people unless you can find a way to emotionally connect your client with them.  if you can't find a way for them to care about your client, they're not gonna give you anything back.  But if you can find a way to develop the cast to find an emotional connection—something that touches them, they're gonna be far more willing to knock the arbitration—when I say, to go after the broker dealer for fraud.   JASON HARTMAN: Let me take a brief pause; we'll be back in just a minute.   A brief message from Bill Clinton   BILL CLINTON: Hi.  This is Bill Clinton, and I want to invite you to hang out with my friend, Jason Hartman, in my hometown of Little Rock.  Jason and his interns, you know I like interns, are having his famous Creating Wealth Seminar and Property Tour here!  So drop everything, including Hillary, and go register at www.jasonhartman.com, right now.  This event is coming up soon, but, as I like to say, it depends on what the meaning of the word ‘is' is.  See ya there.   [MUSIC]   Causes of action: fraud, incompetence, etc.   JASON HARTMAN: Let's talk about what are some of the causes of action.  I mean, of course fraud is one of them.  But you also mentioned incompetence, and when someone has a securities claim, whom is the claim directed at?  You know, you've got the advisor who works at Merrill Lynch, which in my opinion, or whatever firm, I'm just saying Merrill Lynch because they're big.  But they can work at any firm; Ameriprise, Merrill Lynch, whatever, okay, and I tend to find those advisors are usually just slick salespeople who wear nice suits, okay?  Nothing more than salespeople.  They have cursory knowledge.  Very little real depth of knowledge, usually.  Of course I'm making a generalization here, and I apologize to those smart, great, ethical good brokers out there, because there are some.  But you've got the broker, you've got the investment banker, you've got the firm.  Who are you really—you've got the company.  There are so many layers to this.   JOHN LAWRENCE ALLEN: Well, let's talk about that for a second.  People don't know that you can hold a brokerage firm and its registered representative—that's the stock broker who provides you with a recommendation—for giving bad advice.  People think, well, that doesn't sound right!  If he gave me bad advice?  I mean, if I get advice, and the stock doesn't do what he thought, how can he be responsible?  And the corollary, or the answer to that, is this.  Under the FINRA guidelines, and the Securities and Exchange Commission guidelines, brokers are required to know your risk tolerance, time horizon, financial goals, and anything that can affect your capacity to invest.  That means if you're employed, unemployed, medical problems, but mostly, what they have to do is they have to match the correct product with your goals, objectives, risk tolerance, and time horizon, so that they make a recommendation that's suitable for you.  So, if you're 35, and have a good job, and you want to take some risk with having 70, 60, 75% of your money in the stock market, probably not bad.  The opposite of that is, what if you're 65 or 70, and you're retired, and living on your retirement assets, it would not be appropriate for a broker to recommend that you buy a highly speculative stock, or that you have 70 or 80% of your investments in equities, and stocks!   JASON HARTMAN: They seem like they do a pretty—I mean, I'm sure there are brokers out there that do that kind of stuff, but it seems like they do a pretty good job of making all the appropriate disclaimers, and you gotta sign a mountain of paperwork that of course is all written in their favor, and has a zillion disclaimers, and a lot of legalese—I mean, don't they pretty much cover themselves on that type of stuff usually?   JOHN LAWRENCE ALLEN: The paperwork covers them perfectly fine.  But that doesn't relieve them from their obligation.  A broker that makes a recommendation to a customer has a fiduciary duty to that customer to put the customer ahead of the broker.  So, let's say I have a client who wants to make an investment of a couple hundred thousand dollars, and I want to put them in what quote is a suitable investment, based on what they've told me about themselves.  Unless they put it in a suitable investment, I can make, let's say, $200,000 investment, maybe I can make $100, $150 in fees.  However, if I put them in something that the brokerage company is promoting, or pays a double commission, or is highly speculative, I might be able to charge them significantly more.  Let's say $1000.  So, if I can make $1000 on a improper or unsuitable investment, and $100 or $200 on one that's suitable, that puts in kind of a trap for the broker to say to themselves well you know, I'm really gonna forgo that extra 800 bucks I'm gonna make on this transaction and do what's right for my client.  How many people have the ethical and moral heart to do that?   The extraordinarily high commissions on life insurance sales   JASON HARTMAN: Not a lot of people, certainly on Wall Street.  Not a lot.  And you know, when you say that, it reminds me of two investments that are really just laden with heavy commissions, from what I understand.  One of them is oil and gas, and another is life insurance.  The fact that life insurance is even kind of promoted as an investment bugs me in some ways, although the needle might be moving a little bit, for me, on that.  But still, I just think it's insurance.  You know?  But those—I mean, some of these things have extraordinarily high commissions.  I mean, I'll give you an example of one.  One time a life insurance guy came into my office, and he wanted to market his life insurance products as an investment to my investors in my real estate firm.  And he slapped down literally a copy of some checks that he earned on some policies that he sold.  And one of them was like a $7 million life insurance policy.  And I'm not gonna get this exactly right, because I don't remember, but the check was for like $250,000.  I mean, it was insane, how—he says, look, I could split this with you.  I'm like, well don't I have to have a license or something?  And he says, well, there's a way around that.  We'll reclassify the fee.  And obviously I didn't do any deal with him, but I mean, some of these commissions on these things are just extraordinary.  On these oil and gas deals?  I hear that some of them are like half of the investment amount!  You know, if they get an investor to put $100,000 into some oil and gas deal, the salesmen will make 50 grand!  Whoa!  That's crazy!   JOHN LAWRENCE ALLEN: Yep.  That's true.  And in fact, if you want to go back a little bit further in time, there was a period in the late 80s and middle 90s where Prudential [unintelligible], which, you know, the rock solid, sold 400,000 of its customers $8 billion in phony partnership deals.  And those deals, they were making 30, 35, and 40% off the top before the customer saw a single dime.   JASON HARTMAN: Unbelievable.  That's just—that's just crazy.  So, is—so, okay.  So, the broker, or the investment advisor, with a registered rep—I don't know exactly what to call them—but, they steer the investor into something that's not as good for them, that obviously pays them a higher fee.  Right?  So, that's one form of—that's one actionable thing.  Now, how is the investor ever going to find that out though?  How does the investor know what the menu of fees is for the things that that advisor has to steer them into, available to them?   How does the investor know what fees are being assessed by financial advisors?   JOHN LAWRENCE ALLEN: Well, that's a very tough question.  And that's a very good question.  And the reason is because on a lot of these products that they're selling a product, the commission's in the product, and the customer will never know.  So, on that $200,000 example, if the broker makes $5000, you know, a 2½% fee, and that's in the cost of the $200,000, that means that really 195 of your money actually ever went into the investment.  And there's no way you can know, unless you read the prospectus, or you ask the broker.  They're certainly not gonna volunteer and tell you, oh yeah I'm gonna make 5 grand on this break.  And also, that also happens on principle transactions.  If you ever buy a stock or a bond, most bonds are sold on principle transactions.   JASON HARTMAN: What is a principle transaction?  What does that mean?   JOHN LAWRENCE ALLEN: A principle transaction is where there's no commission charge.  The fee is in the price of the bond.   JASON HARTMAN: Alright.   JOHN LAWRENCE ALLEN: So, as an example, if I call up my broker and say, you know, I want to get a 10-year bond, and let's say you can get a 10-year bond for 2.3% return per year over the 10 years.  So, you buy the bond with this 2.3%.  You don't know what the brokerage firm picked that up for.  Let's say they picked it up for 2%, and they charge you 2.3.  That difference in that spread is an enormous markup.  It could be many thousands of dollars.  So you just don't know in a principle transaction, and that's another way brokerage companies can—in fact, I've gotta case right now, I have a lady who had a very, very, very substantial portfolio, many millions of dollars, and she was charged over $3 million in markups and fees on bond transactions, and she never knew it, over the course of a 6-year period.   JASON HARTMAN: Wow.  Wow.  So, $3 million in fees and markups on what—   JOHN LAWRENCE ALLEN: On municipal bond transactions.  The safest most conservative of all transactions.   JASON HARTMAN: Right.  Yeah, right.  And I'll tell you something.  If you ask me, a lot more municipalities are gonna be filing bankruptcy in the future, because there are so many of them underwater.  Of course we've seen that with Detroit, Vallejo, California, some others.  But very interesting.  So, $3 million in fees—that is unbelievable!  What was the principle investment though?  I've gotta have some comparison.   JOHN LAWRENCE ALLEN: She had $30 million in municipal bonds.   JASON HARTMAN: So, 10%.   JOHN LAWRENCE ALLEN: In a laddered portfolio that never should have been touched, that had never been—not that—there should not have been any transactions, and in 6 years they traded $120 million with the bonds in her portfolio.   JASON HARTMAN: Unbelievable.  That's just insane.  So, she's in process, right?  Did you recover for her yet?   JOHN LAWRENCE ALLEN: We're in the arbitration process now.   JASON HARTMAN: How long does that take, when it's a FINRA arbitration?  What's the length of that process?   The length of the FINRA arbitration process   JOHN LAWRENCE ALLEN: Somewhere between 11 and 14 months, on average.   JASON HARTMAN: Okay, alright.  And, what is the amount of money—I mean, obviously that's a large client with some big money you're talking about, in terms of the investment size, and the investment losses.  But, how much does someone need to lose in order to make going to a FINRA arbitration worth it?   JOHN LAWRENCE ALLEN: Well, that's a good question.  I would answer that in twofold.  First of all, anybody that wants to seek help should only hire an attorney that would be willing to work on a contingent fee so they don't end up spending a lot of money trying to get back their losses.  That's item one.  Two, there are different levels of arbitration.  FINRA, within the last year and a half, has established a new type of arbitration called small claims.  They call it simplified arbitration.   On “simplified arbitration” for small claims   JASON HARTMAN: Oh, that's great.  Like small claims court kind of idea.   JOHN LAWRENCE ALLEN: Kind of, but a little different.  And that would—for FINRA, small claim is any loss below $50,000.  And if you have a loss below $50,000, you don't—and you go into this simplified arbitration, you don't even have to appear at a hearing.  You submit the entire claim, on paperwork; the respondents, the broker dealer, file an answer, and one arbitrator makes a ruling without you ever having to appear.  So it saves you testimony, litigation cost, travel expense, hearing fees, expert testimony.  It's all done in the pleas.  Now, you don't have to do it that way.  If the case is $50,000 or smaller, you have a one party, one arbitration chairperson, that's it.  You don't have a panel of three.  You have a panel of three above $100,000.  So really, I would say anybody that loses $10,000 or more, even $5000 or more, it's certainly worth it to pursue it.  I don't think you'd probably get many attorneys to handle a $5000 case.  But I've developed a methodology to help people with cases between $10 and $50,000, which is on my website, and I take them into the small claims arbitration process, and the whole thing can be done for very, very little money, and the best part is, unlike regular arbitration, small claims are usually resolved in 7 months or less.   JASON HARTMAN: Excellent.  So give out your website if you would.  That's a great resource, thank you.   JOHN LAWRENCE ALLEN: Well, my website is the same as my book; the book is Make Wall Street Pay You Back, and the website iswww.MakeWallStreetPayYouBack.com.   JASON HARTMAN: www.MakeWallStreetPayYouBack.com.  And you've got the small claims information on there, which is fantastic.  But then also, for larger losses, they can hire you, or another attorney?   JOHN LAWRENCE ALLEN: Correct.   Discussion of other types of fraud, beyond incompetence and excessive commission   JASON HARTMAN: Okay, good.  So, talk to us more about some of the other types of fraud out there.  there's incompetence, there's, I guess I'll call it steering to the product that pays the highest commission.  What else is there?   JOHN LAWRENCE ALLEN: Well, beyond the suitability issues, which are very numerous, and that expands a lot of things that brokers might do.  They might put you in—there's an example, as I said before, if you're 70 years of age, you probably shouldn't be in a 75% stock portfolio.  On the other hand, if you're 75 and they put you on 100% in one investment, and over-concentrate you, that's not correct, that's not suitable either.  So, it really doesn't matter what age you are.  if a brokerage company takes all your money and puts it in one investment, that's clearly unsuitable, because if that investment goes down—even Apple, as an example.  People do fabulous in Apple, but Apple also had, about six months ago, a 300-point drawdown.  And if you had all your money in Apple, you're hurting!  So, that's another thing they do.  Also churning.  Churning is where a broker makes excessive buys and sells in your account, without an interest in making you profits, the broker's interest is in getting as many commissions as they can from your account.  And what's interesting is in a churning case, you could actually—I've had cases in churning where the client never knew the account was churned, because they didn't lose any money!  The account was churned for a couple years, they ended up—you know, the stock market was up 30% over a two-year period and their account was flat.  They couldn't understand why.  And when I dived into it, I found out, well, it was flat because $200,000 in commissions were paid over that period, and if you hadn't had the $200,000 in commissions, you would have been up 200 grand, and you would have been up pretty much where the stock market was.  So, if a broker exercises control over the account, and buys and sells excessively to generate commissions, they churn your account, and that's actionable.   JASON HARTMAN: So, in other words, you don't have to have actually lost money in the aggregate.  You could still have an investment.  Your portfolio could still be up.  But just because of the malfeasance of the brokerage firm, or the individual broker, you could have lost money through churning—now, the churning thing, is that as big as a deal anymore?  Because it seems like the industry has moved to a model of managed money, where all they're really doing is, you give them $100,000, and they're charging you, you know, 2% a year, or whatever the number is.  And you're not really paying for trades.  But, one of the scams is, a lot of times, you're paying in multiple layers!  So, you'll give the guy sitting at Merrill Lynch your $100,000, and he'll say, well, I'm gonna charge you 2% a year, or whatever the number is, and so, he doesn't make money on churning per se, but then what he does is he goes and he puts your money into a bunch of other funds like mutual funds where they're making money inside that fund too, because of all these management fees.  I mean, that's just, wow.   JOHN LAWRENCE ALLEN: Well, you're absolutely correct.  And that is—and that's one of the things I had to cite in the book.  The methodology on Wall Street has shifted from a commission-driven business to an asset-gathering business.  So, the churning claims are down dramatically.  They're not out.  And the reason they're not out is because there are products called managed futures.  And most of these managed future products really don't exist to have the customer make money.  They exist for the broker dealer to reap huge commissions from buying and selling at a high velocity commodities.  And, what's interesting about these managed futures, is most of them have a program in which, let's say you give somebody 50 grand.  And let's say they have a hot hand and their managed commodity accounts have doubled, and you go up from 50 to 100,000.  The prudent thing to do would be to pull your 50 out and play with their money.  But that's not what they do.  What they do is, if you go to $100,000, they merely double the amount of contracts they're trading, so they can generate double the commissions.  So, if you had a $50,000 account, and you were doing, let's say, five contracts in a trade, and you now have $100,000 account, they double that, they go to 10 contracts.  Let's say you make an incredible profit, you go to $200,000. Your 50 has grown to 200.  Well, you're now gonna go from 5 to 20 contracts.  Which means that even the smallest move, after those enormous profits, will wipe out all your gains in a very short time.  Classic example of that is long term capital, which made 30, 35, 40% a year for three years, and then in six weeks, wiped out not only all of the gains, but the $4.5 billion that was still there.  Totally wiped it out when the commodity markets went the wrong way.   Discussion of a managed future deal Jason was pitched on   JASON HARTMAN: Wow, unbelievable.  Hey, can I run something by you that I was pitched on?  I actually had the guy on one of my shows, and it sounded pretty good…it's a managed future deal, and I just wanted to see what you thought of it.   JOHN LAWRENCE ALLEN: Sure.   JASON HARTMAN: I didn't do this investment; at least not yet.  But, the guy was pretty convincing, I have to tell you.  And so, he works in Chicago, and you know, is on the floor of the exchange there, and the big pitch is that Japan, which most of us know is massively in debt, the whole country is just in a mess.  I mean, the US is too, but the US has the reserve currency, and you know, some different circumstances, obviously.  And the pitch is that Japan will default on their debt, and what you should do is over a 5-year plan, with a $30,000 minimum investment, let me buy options on this debt, that it'll default.  Let me short the Japanese debt.  It's just saying, it's gonna default at some point.  And there will be what's called option decay.  Now, granted, I don't have a big understanding of this.  I'm just a consumer.  But there's something called option decay, and as the option decays, what he's basically doing is over the course of five years, using $500,000 per month of your $30,000.  I think—I don't know the math on that.  Yeah, 60 months.  500 a month.  To pay for option decay.  But at some point in that 5 years, there's gonna be a default, and you're gonna win, you're gonna make money.  That's the prediction.  Of course it's a prediction.  What do you think of that?   JOHN LAWRENCE ALLEN: Well, that's a long-term bet, and I guess the thing I'd be most concerned about would be, do they have the—I presume this is not an exchange-traded fund?  If it doesn't trade at any known stock exchange or commodity exchange, you have to worry about the counterparty risk of the person, should they do what they claim it's gonna do, are they gonna be able to pay you?  And a lot of these counterparty risk cases that have come up during the 08, 09 crisis when a lot of off-market contracts were traded, and they couldn't make good when the unlikely event occurred, like AIG, which was betting on collateralized debt obligations, they said, oh, no country's ever gonna go into bankruptcy.  No, we're not really gonna have to worry about that.  And lo and behold, Greece goes into bankruptcy, and AIG almost went under!  Took us close to a trillion dollars to bail out AIG, which I think was a big mistake.  But there was a counterparty who couldn't pay!   JASON HARTMAN: Maybe the concept is a winner.  Maybe it actually works.  But then the counterparty just defaults, and they can't pay you.   JOHN LAWRENCE ALLEN: Yeah, that's why I try to stick with anything that's exchange listed.  So then at least I know they're going through a well known New York stock exchange, the COMEX, the NASDAQ, and there's some third party who's trying to make sure that they're gonna honor their margin requirements.   Some tips on buying gold: always invest in bullion, never numismatic coins   JASON HARTMAN: Good.  Okay, good point, good point.  Okay, what else should people know?  Do you want to talk about any other types of investments?  I mean, maybe you want to mention just quickly maybe gold?  I know that that's not a huge market, but we touched on oil and gas.  If, you know, you want to mention any other alternatives.   JOHN LAWRENCE ALLEN: Well, I think for gold, my suggestion would be, anybody who wants to invest in gold, I don't have a problem with them investing in gold.  I do have a problem in how they do it.  I don't think anybody who wants to own gold should ever use leverage, options, or margin.  They should only buy it for cash.  They should take delivery, they shouldn't allow any third party to store their gold, and they should only buy gold from a reputable dealer who's been in business over 10 years, and then finally, only gold bullion, not numismatic coins which are supposed to have great asset value.  And when I say bullion, I mean a Canadian maple leaf, an American gold eagle, you know, a South African Kruger rand, an Austrian krone, some well known gold bullion that's difficult to make in a, what I would call a forged or dishonest way.   JASON HARTMAN: Right, right.  A lot—the scams and the numismatic market are rampant, and every gold dealer, when you call them up, you know, a lot of times they're advertising on the radio, and they're promoting the concept of gold or silver or platinum or palladium, and they're talking about bullion.  But when you call them, they try to up sell you to numismatic coins, because they're just much higher margins.   JOHN LAWRENCE ALLEN: Tremendous, tremendous margins.  You're talking sometimes 30, 40% margin on a numismatic coin.   JASON HARTMAN: Right.  But you know, that's not a security necessarily.  I mean, are you talking about—see, I think the only way someone should invest in gold, or precious metals, is in the way where you actually take possession of it.   JOHN LAWRENCE ALLEN: I agree.   JASON HARTMAN: You're talking about inside of a fund, right?  I mean, you're not talking about—I mean, there's—there are frauds where people actually take possession, and they find out the metal is fake.  But I don't think that's super common, probably.   JOHN LAWRENCE ALLEN: Those are very, very rare.  And those are usually not government-sponsored products like American eagles or maple leaves from Canada.  And, they're usually sold by disreputable dealers.  But if you buy gold from a reputable dealer and have it shipped to your home, put in a safety deposit box, or bury it somewhere, that's the safe way.  You don't want to have them tell you, oh, we'll store it for you.  No, you want your gold, if you're gonna buy gold.   JASON HARTMAN: I agree with you.  The point of that types of investing is to be in possession of it.  absolutely.  And I just can't believe the people that go for these deals where they say, oh, they're gonna store them in a vault in Switzerland.  Yeah, right.   JOHN LAWRENCE ALLEN: And another thing now—another section of my book, Make Wall Street Pay You Back, is, as you said very early on, we're no longer a commission-driven business; we're a management business, where they grab their assets and send them out to management.  That adds a layer of protection to the broker dealer and the registered representative, the stockbroker.  However, that doesn't stop them from still having to make a suitable recommendation to this manager.  So, when you go to a broker dealer and you give them your assets, and they agree to manage them, and they're not gonna charge you a commission, they're gonna charge you a percentage of the assets you have under management, you need to be sure that whatever manager they hire, that that manager is—and the manager style—is in keeping with your goals, objectives, risk tolerance, and time horizon.  You don't want to go into an all equity small cap microcap fund, if you're trying to invest in what is supposed to be on the stock investing side, a more conservative portfolio.  And also, you want to be sure that the style of that manager doesn't involve, unless you're willing to take that risk—you know, I'm not saying risk is bad.  You just need to know about it, make an informed consent about it, and be willing to accept it.  But you need to be sure that that style of that manager is in keeping with your risk assessment.  Because, if you don't want to take a lot of risk, then you can't have options, derivatives, or futures, or leverage, employed by that manager.  So you need to know the style, and the type of investments, and where they're gonna make those investments.   Who claims are usually made against   JASON HARTMAN: Toward the beginning of the show I talked to you about all the different layers of this onion, and how, who are you really—who is your claim against?  We've talked about registered reps, brokerage firms.  What about the other people in the food chain?  And then, all the way up to the actual company, whose stock you own.  In the board of directors, and the CEO, and the CFO, and the CTO—all of these guys are just skimming off the top.  I mean, the Dennis Kozlowskis of the world, and all the rest of them.  I mean, there's a lot of fraud going on at that level too, where, you know, the brokerage firm could be okay, the rep could be okay, but the actual company whose stock you own, do you go after them too?   JOHN LAWRENCE ALLEN: Well, I try to make a rule not to go after anybody who has a questionable pocketbook to recover from.  Generally—   JASON HARTMAN: Oh, right.   JOHN LAWRENCE ALLEN: Generally, when there is a corporate crime, or a corporate fraud, most of the time, not always, most of the time, there aren't assets sufficient to recover for the shareholders.   JASON HARTMAN: Because they've sucked it all out of the company, and the company's basically an empty shell.   JOHN LAWRENCE ALLEN: Exactly.  Madoff, or Enron, or Delphi, you know, if we were to go back a few years to all of the security problems going on.  But interestingly enough, if you do it at a grand enough scale, you get to walk away scot-free and you don't even go to prison.   JASON HARTMAN: It's unbelievable.  Yeah.   Jon Corzine, MF Global, & the Insider's Game   JOHN LAWRENCE ALLEN: A perfect example is Corzine, who was the governor of New Jersey—   JASON HARTMAN: MF Global.   JOHN LAWRENCE ALLEN: And Jon Corzine.  And he was a huge donator to the Democratic Party, and a big supporter of Obama, and he took over a company, MF Global.  And they were just a plain bread and butter vanilla commodity broker.  They bought and sold commodities, they made, you know, a few pennies off of the buying and selling of these commodities.  Well, he didn't think that was enough money.  So he went and made a multi-billion dollar—I think 3.6, to be exact—billion dollar bet on the debt of other countries and companies.  And that bet went awry.  Very badly awry.  And Corzine went in, and he claims he did not do this.  He claims he didn't know.  But under his supervision as the chairman of the company, they invaded the assets of their own clients, and stole $1.3 billion of assets from their clients to cover their bad bet.   JASON HARTMAN: And that's Jon Corzine, and $1.3 billion, that's billion with a ‘b.'  Not million—billion, okay?  Huge.   JOHN LAWRENCE ALLEN: Correct.  Took it out of their clients' accounts.  They got caught, they had to return what money they could find, he paid a fine, and he walked away without going to jail for committing absolute grand larceny on a monster scale.   JASON HARTMAN: Un-fricking-believable.  I mean, this is so disgusting.  It's just—it's just disgusting!  And it's amazing to me, like, one of the things I tell my listeners is, don't trust resumes.  Ken Lay, with Enron—he was buddies with George Bush, okay?  I'm sure the pictures were all over the company for people to see when they came in.  Bernie Madoff was president of NASDAQ.  Jon Corzine was governor of New Jersey!  I mean, your resume doesn't get much better than any of those, right?   JOHN LAWRENCE ALLEN: Oh, absolutely.  And let's add to the list Mr. Mozilo, who was the chairman of Countrywide, who got bought out by B of A, and he was one of the large perpetrators of the entire mortgage debacle, and people lost billions, maybe even trillions, and he walked away scot-free and he, he had his “friends of Mozilo,” who got mortgage—well, I should put it this way.  Members of Congress and the Senate, who got special mortgages from Countrywide at highly reduced rates, because they were friends of Mozilo.  And he walked away scot-free.   JASON HARTMAN: It's just a total insider's game.  That old question, you know, when the broker takes his buddy down to show his buddy his new yacht, and his friend says, where are all the clients' yachts?  You know?  It's an in—that's what people have to understand.  Wall Street is an insider's game.  And the insiders are the ones who get rich, because the insiders have all the connections, and they basically make the laws.  Because they have lobbyists, they have lawyers, they have PR firms, they have accounting firms, and the game is just so stacked against the investor, I don't know why the general public is still playing in this field.  They're totally outgunned!  And then you look at Michael Lewis and his great new book, Flash Boys, which I'm sure you're familiar with—I mean, are these—Goldman Sachs—are they just a totally criminal organization too?  Probably.  I don't know.  It sure seems like it.  It's just unbelievable.  I mean, in Flash Boys, which I highly recommend, Michael Lewis talks—he just profiles all of these companies that are like, getting in line to do this high frequency trading, where the speed of light is not even fast enough anymore, at 186,000 miles per second, and all the people profiting from all of this stuff in the food chain, it's beyond despicable.  It's totally rigged.   JOHN LAWRENCE ALLEN: It's very difficult.  It's a hard game to play.  But, the other side of the coin is, with the Fed maintaining these totally illusionary, 0% interest rates—   JASON HARTMAN: What else can you do?   JOHN LAWRENCE ALLEN: Everybody's having a hard time trying to make ends meet, and they're forced, almost, to go into the stock market.   Bad monetary policy forces people to take inappropriate risks   JASON HARTMAN: Yeah, they're forced to do—see, this is—bad monetary policy like we have, forces people to take inappropriate risk!  Because they can't get any yield in their bank account.  And it's so sad to see the people that are older and have really done the right thing all their lives.  You know, they saved money, they planned for the future, they delayed gratification, and now they got a few bucks.  It's sitting in a bank account, being destroyed by taxes and inflation, especially inflation, which, you know, is higher than what the government would have us believe, and they just can't get any yield.  So, they go in, and they play with the stock market, and, you know what happens.  I mean, that's your business.   JOHN LAWRENCE ALLEN: Yes.   JASON HARTMAN: Yeah.  It really—   JOHN LAWRENCE ALLEN: Sad but true.   Closing statements   JASON HARTMAN: Yeah.  It really is sad.  Well, this has been a fascinating discussion.  A lot of people tell lawyer jokes, but I'm glad there are lawyers out there who really help people get some justice.  And one of them is you, so, thank you for doing that.  And give out your website again.  Of course the book is onwww.Amazon.com.  I definitely encourage people to read it: Make Wall Street Pay You Back.  The website is the same name, right?   JOHN LAWRENCE ALLEN: Yeah.  www.MakeWallStreetPayYouBack.com.  There's also a section in the book about arbitration, what it's like, what you have to know, what it's like to go through one, so people won't feel so nervous about going through the process, and realizing that they have rights, they ought to stick up for their rights, and not be afraid to pursue even Merrill Lynch or Morgan Stanley or Goldman Sachs.   JASON HARTMAN: Good.  Good stuff.  Well John Lawrence Allen, thank you so much for joining us today.  This has been very informative.   JOHN LAWRENCE ALLEN: Thank you very much, Jason, and I appreciate the time.   [MUSIC]   ANNOUNCER (FEMALE): I've never really thought of Jason as subversive, but I just found that's what Wall Street considers him to be!   ANNOUNCER (MALE): Really?  How is that possible at all?   ANNOUNCER (FEMALE): Simple.  Wall Street believes that real estate investors are dangerous to their schemes, because the dirty truth about income property is that it actually works in real life.   ANNOUNCER (MALE): I know!  I mean, how many people do you know, not including insiders, who created wealth with stocks, bonds, and mutual funds?  Those options are for people who only want to pretend they're getting ahead.   ANNOUNCER (FEMALE): Stocks, and other non-direct traded assets, are losing game for most people.  The typical scenario is: you make a little, you lose a little, and spin your wheels for decades.   ANNOUNCER (MALE): That's because the corporate crooks running the stock and bond investing game will always see to it that they win!  Which means, unless you're one of them, you will not win.   ANNOUNCER (FEMALE): And, unluckily for Wall Street, Jason has a unique ability to make the everyday person understand investing the way it should be.  He shows them a world where anything less than a 26% annual return is disappointing.   ANNOUNCER (MALE): Yep, and that's why Jason offers a one book set on creating wealth that comes with 20 digital download audios.  He shows us how we can be excited about these scary times, and exploit the incredible opportunities this present economy has afforded us.   ANNOUNCER (FEMALE): We can pick local markets, untouched by the economic downturn, exploit packaged commodities investing, and achieve exceptional returns safely and securely.   ANNOUNCER (MALE): I like how he teaches you to protect the equity in your home before it disappears, and how to outsource your debt obligations to the government.   ANNOUNCER (FEMALE): And this set of advanced strategies for wealth creation is being offered for only $197.   ANNOUNCER (MALE): To get your creating wealth encyclopedia, book one, complete with over 20 hours of audio, go to www.jasonhartman.com/store.   ANNOUNCER (FEMALE): If you want to be able to sit back and collect checks every month, just like a banker, Jason's creating wealth encyclopedia series is for you.   [MUSIC]   ANNOUNCER: This show is produced by the Hartman Media Company.  All rights reserved.  For distribution or publication rights and media interviews, please visit www.HartmanMedia.com, or email media@hartmanmedia.com.  Nothing on this show should be considered specific personal or professional advice.  Please consult an appropriate tax, legal, real estate, or business professional for any individualized advice.  Opinions of guests are their own, and the host is acting on behalf of Platinum Properties Investor Network, Inc. exclusively.  

Jason Hartman, brilliant real estate investor and author, shares the ultimate investment equation with Heather Wagenhals, Executive Producer and host of UnlockYourWealthRadio.com on Libsyn'sPopular Money Show and Season 19 Running with Scissors this Friday, June 6, at 9:00AM (PST). Jason Hartman, founder of Platinum Investor Network and CEO of Hartman Media, has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason's Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. In his book, Become the Brand of Choice: Make Your Name a Powerful Brand...and Earn Millions, and through personal coaching and public speaking engagements, Jason Hartman shares his success-building techniques with listeners this Friday, June 6th, 2014 at 9:00AM (PST). Tune in to this week's personal finance radio show as Jason and Heather explain why you should be investing in commodities and not just land. You can listen to the Unlock Your Wealth Radio Show, which specializes in a unique brand of financial literacy, every Friday morning at 9:00AM (PST).       This week's key trivia is based on last week's Create Credit, plus Minutes on your Money and more during Declare Your Financial Independence 2014.   Learn more about This Week's Key in the Keys to Riches Financial Wellness Series: Remember Real Estate

Jason Hartman, brilliant real estate investor and author, shares the ultimate investment equation with Heather Wagenhals, Executive Producer and host of UnlockYourWealthRadio.com on Season 19 Running with Scissors this Friday, June 6, at 9:00AM (PST). Jason Hartman, founder of Platinum Investor Network and CEO of Hartman Media, has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs. Tune in to this week's personal finance radio show as Jason and Heather explain why you should be investing in commodities and not just land. You can listen to the Unlock Your Wealth Radio Show, which specializes in a unique brand of financial literacy, every Friday morning at 9:00AM (PST).  

Jason Hartman is the President of Platinum Properties Investor Network,which recently celebrated 14 years in business and now offers incomeproperties in 41 markets throughout the United States. He's also a mediaand marketing entrepreneur who hosts more than 15 different podcasts. Hisshows have a global audience in 26 countries and are frequently ranked atthe top of iTunes. Jason's business is worth 7-figures, and he only works a few hours a day. Hehas more than 50 contracted employees, and his business runs in asystematized fashion. In this episode you will learn: The only factor between successful entrepreneurs and the not so successful How to create multiple businesses without spreading yourself too thin How to keep you ego in check when it comes to running your business The power of consistency and how it can make or break your business The new angle of business and why you have little or no excuse of failing The 3 primary ways to market your business and lots more

Today we discussed Entrepreneurship and Real Estate with Jason Hartman. Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Hartman Media Company and The Jason Hartman Foundation. Starting with very little, Jason, at the age of 19, embarked on a career in real estate while promoting his unique Personal Branding methodology through which Jason says “virtually anyone can achieve wealth, notoriety and a high level of personal satisfaction”. Through creativity, persistence and hard work, he soon joined the ranks of the top one-percent of Realtors in the U.S. and in quick succession; earned a number of prestigious industry awards. By 1997, Jason realized his entrepreneurial dream and purchased an Irvine, California real estate brokerage firm. He combined his dedication and business talents to become a successful entrepreneur, public speaker, author, and media personality. Jason's latest accomplishment is the celebration of his first company's 11 year anniversary. Over the last 20 years he developed his Complete Solution for Real Estate Investors™ where his innovative firm educates and assists investors in acquiring prudent investments nationwide for their portfolio. Jason's highly sought after educational events, speaking engagements, and his ultra-hot “Creating Wealth Podcast” inspire and empower hundreds of thousands of people in 26 countries worldwide. You can find learn more about jason by visiting : www.jasonhartman.com   or to check out his podcast network www.hartmanmedia.com    You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/view/id/moneymatters

Introduction Robert Greene, best-selling author of such books as The 48 Laws of Power, The 33 Strategies of War, The Art of Seduction, The 50th Law (with rapper 50 Cent), and Mastery, joins Jason to talk about his wheelhouse topics – power and strategy. Key Takeaways · Jason's take on the current state of European real estate investing – are there any likely prospects?· What does it mean to become a master in your field? Why do so few people achieve this level of expertise?· Discovering your calling is easy to say but here's how you actually do it· How to avoid hitting the proverbial career wall in your 30's· The telltale clues that you might be an entrepreneur· Charles Darwin's story – how this unassuming young man became one of history's most renowned scientists· Lose your self-absorption and increase your manipulative powers· There are more types of seduction than you might realize. Here are 9 of them. How to discover your natural seductive area· How to apply Napoleon's classic flanking maneuver to your business Links www.powerseductionandwar.comRobert Greene on Wikipedia Bio Best-selling author, Robert Greene, is known for a series of books powered by a broad range of research and sources, synthesized for the masses. His life has been a drastic departure from writers' who never stray from the hallowed halls of academia. After attending UC Berkeley and graduating from the University of Wisconsin with a degree in Classical Studies, Greene worked his way through 80 different jobs before settling into his current writing career (by his recollection), some of which included construction worker, translator, magazine editor, and even a stint as a Hollywood screenwriter. Robert's first book was 48 Laws of Power, which became a runaway hit and has sold more than 1.2 million copies. Numbered among its devotees are such celebrities as 50 Cent, Jay-Z, Kanye West, Chris Bosh, and Will Smith. Greene speaks five languages and is a student of Zen Buddhism, as well as an avid swimmer and mountain biker. Time Stamps · [1:15] Jason's monologue includes a reflection on his recent European trip. Has his opinion on investing there changed?· [7:23] Interview with Robert Greene begins· [7:48] Defining mastery and how to attain it· [9:36] Description of Robert's latest book, Mastery· [10:12] How to discover your life's calling· [12:16] Why so many people hit a career wall in their second decade of work· [15:02] Check yourself. Are you an entrepreneur· [17:16] Charles Darwin. From nobody to one of the greatest scientists ever· [19:00] Robert's background· [20:09] All about manipulation and how to use it for good· [23:05] The 50th Law – 50 Cent; A real American rags to riches story· [25:20] The hidden power in fearlessness· [27:52] 9 types of seducers – which are you?· [30:21] Greatest seducers to ever live· [31:15] Napoleon's flanking maneuver and its effect on business today· [32:04] The Art of War – does Sun Tzu still matter in today's world? Transcript ANNOUNCER 1: Welcome to Creating Wealth with Jason Hartman! During this program, Jason is going to tell you some really exciting things that you probably haven't thought of before and a new slant on investing. Fresh new approaches to America's best investment that will enable you to create more wealth and happiness than you ever thought possible. Jason is a genuine self-made multimillionaire who not only talks the talk but walks the walk. He's been a successful investor for 20 years and currently owns properties in 11 states and 17 cities. This program will help you follow in Jason's footsteps on the road to financial freedom. You really can do it! And now, here's your host, Jason Hartman, with the Complete Solution for Real Estate Investors. Jason's Back from Europe and Hanging in Iceland JASON HARTMAN: Welcome to the Creating Wealth show. This is your host, Jason Hartman. This is episode #330 and I am talking to you today from Reykjavik, Iceland. I'm in a quaint, little café, a little coffee shop here, so pardon the background noise. I think you probably hear a little bit of it, but the intro portion won't be too long before we get to our 10th show guest. And today, that will be the very famous Robert Greene, author of many, many books on Power, Seduction, The 50th Law, The 48 Laws of Power, just a whole bunch of things. He's got a lot of interesting stuff to share with us today and you know, on every 10th show, we go off the strict financial or real state investing topic and we talk about something that just relates to personal interest and personal success and more effective living. Anyway, let me tell you a little bit about my European real estate tour here before we get to our guest today and I am in Reykjavik, Iceland now, as I mentioned. Iceland is a beautiful country, a small country and yesterday, I toured around, went to on what they call the Golden Circle tour and saw the geysers, waterfalls, and the tectonic plates where you can actually see rifts in the ground or big, very large cracks where the tectonic plates separated, and that's quite interesting. Some people go diving in there and it's just crazy to imagine that that's literally where the earth has come apart [LAUGHING], creating totally different continents. Anyway, I was in Spain before this. I toured and looked at quite a few properties. I was in Barcelona and then to the south of that, I was in Malaga and Marbella and, you know, I've been reading a lot in the past few years about Croatia, about Spain, in the real estate markets there based on their very different economic situations and Europe's economic problems in general, and it's just really inspired me to come out and take another look at some of the European properties. I was pleasantly impressed, actually very impressed, with Malaga and just what a high-end area it is and how much Middle Eastern money and really money from all over the world is flowing into that market. You see Ferraris, Lamborghinis, Rolls-Royces, a lot of Saudi money in that market, very high-end stores and shops, and expensive real estate even though Spain is in a tremendous crisis and unemployment is very high especially among the under 30-age group. I'm not sure, really, how the market will go here. I'm gonna continue to research it when I get back. We have a potential local market specialist here and we may actually have them on a future episode. If not on this show, I'll do it on my JetSetter Show. So, we'll see about that, but it has been an interesting trip. Before Spain, I was in Croatia and I was very, very impressed on the last episode. I talked a little bit about Croatia. I went there and Montenegro as well and what a beautiful, beautiful coastline, really, really amazing. Yeah, it's been an interesting tour. Before that, Germany, Switzerland, Austria, and I'm on my way back home after Iceland here today. I've got a helicopter tour and I'm actually gonna take a flying lesson here as well. I'm not a private pilot yet, but I'm pretty close to it. My mom said something very wise to me several years ago when I was about to finish and get my private pilot's license. She said, “Jason, you don't have enough time to get good at this.” [LAUGHING] And I thought, you know, those are probably some words of wisdom, so I listened to my mom and I really didn't pursue getting my license, but I do take lessons here and there and I find it particularly interesting when you can take a lesson on a trip, maybe in a different state or in a foreign country and get some sightseeing at the same time, so pretty interesting. That's what I'm off to do now and then I'll be back home and next week when I talk to you, we will be doing our more regular broadcasting, and I've got some of the investment counselors and local market specialists that I want to get on to talk about their markets, some different markets we're looking at and some current events as well. So we will definitely do that and get back to more regular guests. Of course, this is a 10th show. We're talking to Robert Greene today. So without further adieu, we will be back with Robert Greene in just a moment. [MUSIC PLAYING] ANNOUNCER 2: You know, sometimes I think of Jason Hartman as a walking encyclopedia on the subject of creating wealth. ANNOUNCER 3: Well, you're probably not far off from the truth, Penny, because Jason actually has a three-book set on creating wealth that comes with 60 digital download audios. ANNOUNCER 2: Yes, Jason has that unique ability to make you understand investing the way it should be. It's a world where anything less than 26% annual return is disappointing. ANNOUNCER 3: I love how he actually shows us how we can be excited about these scary times and exploit the incredible opportunities this present economy has afforded us. ANNOUNCER 2: We can pick local markets untouched by the economic downturn, exploit package commodities investing, and achieve exceptional returns, safely and securely. ANNOUNCER 3: I also like how he teaches you to protect the equity in your home before it disappears and how to outsource your debt obligations to the government. ANNOUNCER 2: And the entire set of advanced strategies for wealth creation is being offered at a savings of $94. ANNOUNCER 3: That's right and to get your Creating Wealth Encyclopedia Series complete with over 60 hours audio and three books, just to go to jasonhartman.com/store. ANNOUNCER 2: If you want to be able to sit back and collect checks every month just like a banker, Jason's Creating Wealth Encyclopedia Series is for you. [MUSIC PLAYING] Introducing Robert Greene, Best-Selling Author JASON HARTMAN: It's my pleasure to welcome Robert Greene to the show. He is a famous author on Power and Strategy. He's the author of several books including his latest book entitled Master. The 48 Laws of Power is another great one, The Art of Seduction, The 50th Law, 33 Strategies of War, and he's just got a prolific amount of work on the subject, and covers a lot of controversial areas that other authors just don't really touch, and it's great to have him here. Robert, welcome! How are you? ROBERT GREENE: I'm fine. Thank you very much for having me on your show. JASON HARTMAN: Well, the pleasure is all mine and I like to give my listeners a sense of geography. Are you located, by any chance, in Los Angeles today? ROBERT GREENE: Good guess. Yes, I am. It's where I was born and raised and that's where I live right now, yeah. JASON HARTMAN: Fantastic! Well, that's where I grew up too, so we're both Los Angelinos [LAUGHING]. ROBERT GREENE: Oh, cool. “Mastery” is His New Book JASON HARTMAN: Well, yeah. So, tell us a little bit about your latest book, Mastery, and then I want to touch on some of the other books as well. ROBERT GREENE: Well, Mastery is basically a book about what I consider to be the ultimate form of power that a person can have in this world. I think we're in an environment that's incredibly competitive and difficult. Very few people have any sort of job security anymore. The competition out there is globalized. It's intense. It's everyday. You can't let up your guard ever and I noticed that in all my years of researching very powerful people, they reach this level of intelligence. It's not an intellectual intelligence, it's a practical intelligence. They reach this high level where they've mastered their field. Um, you can visualize it in a way where, let's say, you're professional with chess, it's just a metaphor. But after 10, 15 years of playing chess, you're now like a grandmaster and you're no longer thinking about the chessboard. It's internalized. You have a feel for it. JASON HARTMAN: Right. ROBERT GREENE: Being something in larger dimensions, what they call chunks, and I believe that happens in any profession and once you reach that point, you're on a whole other plane. You're so creative that nobody's gonna replace you, that you're able to see trends and answers to problems that just are invisible to others, and so you're gonna be continually in demand. You're like Steve Jobs or whoever it is. It's not that you have to ignore being good at politics, being a social person is a component of mastery, but once you get to that point, you've got command and you're in demand, and I wanted to show the reader that it's not a matter of your brain size, what college you went to. It's a matter of going through a process with a lot of effort and intensity and you will get there, and it's an incredible feeling, and it's in all professions. The book covers everything from science to sports, to working with your hands, to the arts. So, it encompasses everything. JASON HARTMAN: Well, I think you laid out a few steps. Maybe there are four major steps if I'm remembering correctly in the book, find the thing that is your passion, your great area of interest. What are those if you'd go over with them? The Process of Becoming a Master ROBERT GREENE: Well, the first step is the most important. If you don't follow the first step, you'll never gonna get there and it's not me just saying that, it's the pattern of all highly successful people, and for this book I've researched a lot of very powerful figures in history and also interviewed nine contemporary masters to show that it's a very modern thing. But in all of the stories, everybody starts out with step one and what I call it is discovering your calling or your life's path and the idea is simple. You're born with a unique set of DNA. Your brain is wired in a totally different way. There's something unique about you and what separates very powerful successful people from others is that they are very clear early on in their life about that quality in them that makes them unique. It could be a subject that fascinates them, a problem, an activity, or whatever it is and that clarity carries on into their adolescence and then when it comes time for choosing their profession or career, they have much more clarity. There might be a bit of exploring trying to figure out exactly how to apply their interests but there is a higher degree of clarity than what most people have and because they're so clear about it and they focus so intensely on something that is emotionally engaging to them, they learn much faster, more intensely than other people. That's the key to everything in life. JASON HARTMAN: Sure. ROBERT GREENE: And so you need to be following that path and I show you very clearly in this chapter that you can discover what these inclinations are that you have and carve out a career path that will set you more in that direction than you might be going. A lot of people choose careers because there's money involved or because their parents said this is what you should do and they do alright in their 20s because they're young, etc. but then they hit a wall in their 30s because they're not engaged emotionally, personally with what they're doing and disaster ensues, and you're not aware of where the disaster comes from. It is because you're tuning out. You're not fully engaged. And so this is such a critical step. I can't emphasize it enough and I show you how at any point in your life, you can take this step. You can review and figure out what it is and head in that direction. JASON HARTMAN: Okay. So, Robert I've got to ask you because I'm sure there are people listening that are thinking. That's just never been clear to me. Some people— ROBERT GREENE: Right. JASON HARTMAN: You know, they knew as a kid what they wanted to do. Certainly, what you say makes absolute sense. We all know that the subjects we liked in school, we did well at those usually. Whether it's, you know, liking the subject or even liking the teacher or professor because you relate to them better or relate to the subject matter better. So, you just pick it up naturally because it's your area of interest, but just maybe one tip on how someone can discover what their main area is. ROBERT GREENE: The point of mastery is to slow yourself down. There's no short cut. There's no one week suddenly or one year plan. It takes time and so discovering your life path also takes time and a lot of people are not very in tune with themselves. They've been listening for too long to what other people have to say. They're not aware of what their actual interests are, of who they are. So, it's going to take a couple of, for people like that, it's gonna take a couple of months, but I'd say something for, a simple banal example will be when you open a newspaper or you check something out online, you're surfing a site that you like, what is that subject that when you see in the headline, you go, “God! I have to read that. That just fascinates the hell out of me.” I know for myself if I've cracked open the New York Times and there's an article about some discovery about our earliest ancestors, I can't explain to you why but I am so excited by that. I will read every single article on that subject. Well, there's something like that for you. There's always something that lights up your eyes like when you were a kid where you wanna read about it. These are signs. I give you in the book many other signs, but this is a sign of something that excites you in a primal way, that probably dates back to your childhood and you should follow these indications. You should also follow things that you hate in your career path and you hate working for other people. You hate the politicking and all of the gamesmanship involved. Look at that sign. It's a sign that you are probably an entrepreneur. You probably are meant to be working for yourself. You probably have that individual risk-taking cavalier spirit that is not comfortable working for other people. These are signs and you've got to start becoming aware of them. JASON HARTMAN: Yeah, makes sense, makes sense. Talk to us a little bit more about the mastery subject and I love how, in your books, you tie in so much history and so many historical figures. Every person in business likes to quote and talk about power and talk about the Art of War. Some like to relate to Napoleon. Thoughts there on some of the historical tie-ins and maybe some examples? Masters' throughout History – Da Vinci and Darwin ROBERT GREENE: Well, the icon of this book is Leonardo Da Vinci, you know, like my War book was Napoleon, the Power book was like Louis XIV, Seduction, Cleopatra, The 50th Law was 50 Cent. But here, Da Vinci is sort of the icon in that he is not as mythical as people make him out to be. He's somebody who came from a rather disadvantaged background. He was an illegitimate son. He was kept out of all of the noble professions and so, the only really avenue for him was to pursue art which actually was something the he deeply, deeply loved and I show clearly in the book that what makes Da Vinci so absolutely astounding was an unbelievable work ethic. His motto was “ostinato rigore” which means obstinate rigor, persistent rigor. He said, “I'll figure something out just by sheer persistence and work.” That's a lot of love and I have all sorts of examples.Of all these other icons in our history that we look up to as being almost superhuman like Mozart, like Einstein, [INDISCERNIBLE], Thomas Edison, Henry Ford, and I showed clearly that what separates these people is the incredible level of persistence and work ethic and they've put in their proverbial 10,000 hours to the point of maybe 20,000 hours, and that's exactly the foundation that makes them so incredibly brilliant. And one of my favorite stories in the book, I mean, I know your audience is business people but this book relates, these stories relate to anybody in any field, it's about Charles Darwin because it was such a good story. He's a young man who doesn't really know exactly where he sits in this world. He's not good in school, his father thinks that he's kind of a loser, he just likes to go hunting and observing things in nature and collecting specimens, and finally, he gets this chance to go on a voyage around the globe on the ship, the HMS Beagle. His father said, “You're a fool to go on that. Why would you think of something like that? There's no money. You have no training in it.” And he grabbed it. There's something inside of him that tells him this is it, and in the process of going on this voyage, he transformed himself from the sort of naïve, inexperienced young man to someone who becomes the greatest observer of nature that we've ever had in history and transformed himself into a scientist. And I take this as a metaphor for the transformation that could happen to any person who goes through what I call a rigorous apprenticeship phase like Darwin went through. So these are some of the historical figures that I have in the book from all different fields and as I said, I have nine contemporary figures like great architect, Santiago Calatrava, or the scientist, Temple Grandin, or the great entrepreneur, Paul Graham who started the company, Y Combinator. So, there are lots of stories in it. JASON HARTMAN: Well, how did you get into it? What is your background? I mean, were you a history professor or just a student of it [LAUGHING]? ROBERT GREENE: No, I mean, the part of the reason why I'm able to do what I do is I don't have any traditional background. So, if I were a history professor, I couldn't write the kind of books that I write because academia kinda forces you into a certain mold. JASON HARTMAN: Puts you in a box, yeah. Screenwriter to Philosopher ROBERT GREENE: Yeah, and my background was I studied, in college, Greek and Latin, Classics, very interested in History and Literature, and then I went out in the work world, and I worked in journalism, and I worked in film and Hollywood, and I had many different jobs, but I was always reading a lot of history and observing people very closely. And so, I like to write books that are incredibly practical because I'm a very practical person. I don't like reading academic books on a subject that have no relationship to my life but on the other hand, I like to relate it to history and I like to make the readers think very deeply about their lives. So because I don't fit into these categories, I'm able to kind of be my own self, so to speak. JASON HARTMAN: Yeah, yeah, very interesting. So, manipulation, it's a controversial subject, but there are many books and writings on how people can manipulate others to get the result they want out of them, you know, how to change people, how to get your kids to do what you want, how to [LAUGHING] get your dog to do want you want, how to get your spouse or significant other. Can people be manipulated? I think you're going to say yes to that [LAUGHING] from knowing your work, but tell us uh, if so, how? It's all About Manipulation ROBERT GREENE: Well, you know, you're referring to my earlier books. It's just sort of a subject uh, theme in all of them. It's not so much a question. Manipulation is a loaded word. You can also use the word influence, persuasion. Can we convince other people? Can we get them to do what we want them to do or can we get them to do something that won't hurt us? And of course we can. If not, we would be miserable, powerless creatures. JASON HARTMAN: Well, and not only that, you know. I know it's a loaded word and that's why I used it but to inspire some or instill some controversy into the discussion but the old saying is nothing happens until somebody sells something and whether it's selling an idea or a product, that's where a lot of progress comes from. ROBERT GREENE: Yeah and so, I'm trying to make you focus very deeply on the other person that you're dealing with. The greatest problem that everybody faces in this realm of persuasion or manipulation is that they're self-centered. The focus of their attention is inward so I need to sell this product. I need to make money for my family. This is what I like. The other person must like that as well. That said, are you projecting other than something from inside yourself and you're not focused on the social environment, on what people are thinking, on their needs, etc. All of my books are simply a way to twist you like a yoga pose out of that constant self-centeredness and get you to focus so that you really, really, really understand where that other person is coming from. Once you have that understanding, you can begin to lower their defenses. You can begin to make them move in your direction whatever that might be. At the furthest extreme, you can manipulate them and I show in “The 48 Laws of Power” that extreme. I go into it and I show you that very powerful people are often, can be often very manipulative and here are some of the laws that they use in that realm. You can either take that knowledge to help defend yourself or if you really need to, you can use this. Uh, and that would be sort of the extreme but the tie that connects all of these stuff together is your ability to get out of yourself and focus deeply on the other person. Once you do that, a weird kind of magic can start happening. You can start figuring out other people. You're never gonna totally understand that person you're trying to sell to. There's always an element of mystery. It's a margin game. If you're able to increase your margin of intelligence and knowing about them from 5% to 20%, suddenly a kind of magic happens where you're able to align your interests and figure out what it is that's gonna seal the deal or whatever it is you need and that's, that's really, really what my books are about. Writin' with 50 Cent JASON HARTMAN: Robert, when you wrote about the, the book about “The 50th Law” you talked about 50 Cent, the rapper. What could 50 Cent teach us? [LAUGHING] you know, it's uh - ROBERT GREENE: Well actually it's the book that is co-written with 50 Cent. JASON HARTMAN: Oh, okay. ROBERT GREENE: Uh, and basically that was an interesting process in which we spent about five or six months together and I interviewed him intensely and together we kind of shaped the book and so the uh, more or less collaborative process and it's an amazing story. I'm not a celebrity person. I could really care less about Leonardo DiCaprio. I'm more interested in everyday people and how they get by in their lives but 50 is an amazing story, he's a very real person. He doesn't have all this celebrity crap around him and there are a couple of things that we can learn from him. First, the total American rags to riches story of someone who come from the absolute worst environment and how he's then able to raise himself up from this bottom to be a very wealthy, very powerful individual. It's an amazing story and it has incredible lessons. The other element of it is I determined that there's a quality about him, that is the source of his power and it's what I call, what we call fearlessness but it's not a fearlessness of taking, being ah, beating people up or being aggressive or for guns or anything. It's a kind of philosophical fearlessness in front of anything that happens in life. He's not afraid of failing. He's not afraid of what other people think of him. He's not afraid of being alone. He's not afraid of being different and when you have that kind of fearless attitude, you are going to get somewhere in this world in whatever you do and so in this book, we have 10 chapters. Each chapter is about a kind of fear that you have. It's very primal and very human and here's how you confront that fear and how you overcome it, uh, it's all of course illustrated. Each chapter begins with a story from his life illustrated and then we go into history about other great Americans and people around the world who have used uh, a, a similar idea and one of the chapters for instance, just to give you an example, is a fear that a person might have in business is a fear of other people. I know that sounds a little bit counterintuitive but a lot of people in business don't really want to know too much about their customers, about their audience.They think they do but they're afraid of having their own ideas overwhelmed. They want to go in with a preconceived notion because it's simpler that way. It's easier that way and people are always more comfortable with themselves than what other people are thinking and this is uh, this is actually a fear alright, we demonstrated very clearly and what made 50 so successful was he broke down all those barriers and he became incredibly, incredibly close to his audience to the point of having a deep understanding. He is one of the first people in music to create a website that has unbelievable uh, access to his own audience and information from them. He's very, very close to who – whoever he's trying to sell, whatever he's trying to sell. It's a fear that he, that he did overcome and we go very deeply into that chapter so that's sort of what that book is about. JASON HARTMAN: Very interesting, you know, with, with all of your books, it begs the question do you have a favorite? Robert's Favorite Book is… ROBERT GREENE: Well, it's, you know, they're like children and it's sort of hard – JASON HARTMAN: [LAUGHING] ROBERT GREENE: To choose – JASON HARTMAN: You can't pick a favorite, right? ROBERT GREENE: Yeah. Well, you can, I mean, the 48 Laws of Power was my first one and it made me – it transformed me from an unhappy person writing in Hollywood to having this great life so it's always a love of that. The Art of Seduction was my – it is the most fun to write as you can probably imagine by the title and then uh, the Mastery is the newest one so it's closest to me so maybe right now, that's my favorite child, but The 50th Law was a lot of fun to write. I can't say that the Book on Warfare was not fun because it was a very tough subject but even that book, you know, had some closeness to my heart so it's hard really to say. JASON HARTMAN: Um-hum. Yeah. I, I knew that would be impossible to pick – like asking a parent to pick their favorite child. ROBERT GREENE: Yeah. JASON HARTMAN: But, interesting. Well, you mentioned about the, the Seduction book and – ROBERT GREENE: Yeah. JASON HARTMAN: I mean, wow, what an amazing compilation in the Art of Seduction of these different, these different personas that people can exhibit and, and you give examples of people throughout history that have done this. How about if you take a few of those and then, I would be remiss not mention that this isn't just about seduction in a romantic or a sexual sense but at the end, you talk about self-seduction and how to sell anything to the masses. And Along Came Seduction ROBERT GREENE: Yeah, I mean, uh, I'm trying to write a book about the psychology of seduction which I say permeates us as human beings. We are continually vulnerable to being seduced so certainly, we think of sexual seduction and there's a lot of that in this book but it is also social seduction, how you can charm and get people around you to like you. It's also political seduction. John F. Kennedy seduced the Americans in 1960 and won an election. It's clearly marketing and I go into, as you say, the soft sell. So, I'm interested in what ties all of that together. What ties Cleopatra to John F. Kennedy or, or whomever and there are ties to it. It always involving the same seduction, the same psychology which is how do you lower people's resistance so they do more or less what you would like them to do and in seduction, you're creating a kind of pleasurable environment where it's not about overt manipulation. It's about what you're getting people to do is something that they actually want to do or will like and I'm gonna show you how you can have that power. The beginning of the book, the first half, I, I identified nine types of seducers and you're probably gonna have the, hopefully, at least one of these types and maybe a combination of two, possibly three and the idea is to be a seducer, you can't just be reading a book and following certain strategies. You're gonna seem cold-hearted, particularly, a woman will see right through you and you won't get very far and it's not fun. So, the trick is to discover what is naturally seductive about yourself as an individual. So, I identified these types and I make you more aware of what makes you a[INDISCERNIBLE] or a rake or if you're a woman, a siren or a dandy or, or the charismatic, etc. The second half of the book I go into various strategies that people typically use in the seduction. Um, and, all of these chapters have application to marketing, to politics, to selling anything as well and, and in there, it's clear when you read them. But the second half of the book, I kinda show you starting from the beginning, with knowing who it is that you're trying to seduce, to the last strategy, which is sort of consummating the deal whatever that might be. And along the way, I give you stories from the greatest seducers who had ever lived in all of these different fields. JASON HARTMAN: What book took you the longest to write? The Art of War Revisited ROBERT GREENE: Well, uh, the War book is sort of my version of Sun Tzu's Art of War and in, for business people, it's maybe in some ways, the most applicable, but it was a very difficult subject because first, there are so many books written on warfare. The subject is so big. And what I wanted to do is take all of the most classic strategies that exist in the history of warfare. And identify this and then show you the psychology behind them and how they're applicable to everyday situations, to business, to dealing with people. Uh, and that is not easy. It's not really been done before to show you on the pulley and the use of the flanking maneuver. It's actually a strategy that has incredible application to running a business. So it took a lot of thinking on my part and a lot of work, a lot of hard work. So that book was the longest and hardest to produce. JASON HARTMAN: I would agree that when you read The Art of War and try to relate it to modern times I don't think that's very easy to do. People talk about it, maybe [LAUGHING] in an attempt to sound intellectual or something but if you ask me, I didn't find that much relation to business. Maybe I'm missing something but [LAUGHING] or my attention span is too short. I don't know. ROBERT GREENE: Well the Sun Tzu is an amazing book, I used it very much in my book on war, but you're right. I understand exactly what you're saying but let's say a scene in Sun Tzu is all about not going to war unless you have to and using your resources, marshaling them to the best possible usage, so you're not wasting life and you're not just ruining your country in the process. Well, I created a chapter out of that which I called First Economy and that means using your resources, who you are, your business, your army to the absolute maximum economical usage. So you're not wasting anything and basically the idea is your reliance on money or technology is making you probably less creative than you want to be. You can be incredibly creative with less actual material resources and do better in your business than you are if you're so addicted to spending a lot of money and buying things that you think are gonna improve your productivity, etc. That's an idea of Sun Tzu that you can take as metaphor and apply to sports, to business, to life in general, and that's sort of what my approach was. JASON HARTMAN: Yeah, very interesting. Well, of course your books are available at the bookstores and on Amazon.com and the web site is powerseductionandwar.com, all written out and anything else you'd like to people to know in closing Robert?Closing Comments ROBERT GREENE: No. Yes, you say powerseductionandwar.com. There will be links there to Mastery, etc. Now, I guess it's just that these are books that are meant, you know, they are longer. They're not a simple read like a lot of self-help books but if you take the time, they're all very practically oriented and reading them, you don't have to read them [INDISCERNIBLE]. You can skip the chapters that seem more irrelevant but it kinda gets under your skin. I'm trying to alter your way of thinking, your life and about success. I'm trying, we discussed a little earlier about making you less self-centered. It's a process and I'm trying to change how you think and I think reading the book in that spirit, it, it has incredible practical value if you give it a time. So that's sort of the [INDISCERNIBLE] JASON HARTMAN: Yeah, what I, what I love about your work is just all that historical ties and I, I feel like – ROBERT GREENE: Yeah. JASON HARTMAN: I learn so much about history, reading a book about power or seduction which I would never think you know, [LAUGHING] that would come out on that's why your work is a just very interesting, very well thought out. I've got to ask you, do you have another book in your sights? The recent release of Mastery but what's next? ROBERT GREENE: Well, a lot of my books kinda come out of an idea in another book uh, in those that I've written and so with Mastery, I have a chapter on what I called Social Intelligence and the idea in that chapter is to say, it's not just enough to master your field and be technically brilliant at it. You also have to be really good with people and intelligence, intellectual intelligence actually goes hand-and-hand with people intelligence, the social intelligence. I'm gonna write a book that expands that idea into something much larger. I'm gonna give you what I called a deep, deep understanding of the elements of human nature that go back thousands of years, that are embedded in each person. So that when you read this book, you're gonna have a much better sense of what is motivating the people around you. You're gonna be able to read them a lot better than just of kinda go operating blindly. And I'm gonna show you how you can develop this kind of reading ability and I'm gonna give you, as I said, this kind of encyclopedia about human nature so you'll have a much better knowledge of what motivates people. JASON HARTMAN: That sounds fascinating and I really, really look forward to that book. We will definitely have you back on to talk about – ROBERT GREENE: Okay. JASON HARTMAN: Social intelligence and Robert Greene, thank you so much for joining us today. ROBERT GREENE: Oh well, thank you so much for having me. It was fun. JASON HARTMAN: Be sure to call in to the Creating Wealth Show and get you're real estate investing and economics questions answer by me personally. We'd love to have you call in, share your experiences, ask your questions and a lot of other people listening have those very same questions so be a participant in the show at (480) 788-7823 that's (480) 788-7823 or anywhere in the world via Skype JasonHarmanROI, that's Jason Hartman ROI for Return on Investment. Be sure to call in to the show. We are going to enter all callers in a drawing for some nice prizes as well, so be sure to call in the show and I look forward to talking with you soon. ANNOUNCER: This show is produced by The Hartman Media Company. All rights reserved. For distribution or publication rights and media interviews, please visit www.hartmanmedia.com or e-mail media@hartmanmedia.com. Nothing on the show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, or business professional for individualized advice. Opinions of guests are their own and the host is acting on behalf of Platinum Properties Investor Network, Inc. exclusively. Transcribed by Joseph  

In today's show I did a quick search for "Podcast Success" and found the Speaking of Wealth podcast from Jason Hartman. Who is Jason Hartman? According to their website:Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Ha

In today's show I did a quick search for "Podcast Success" and found the Speaking of Wealth podcast from Jason Hartman. Who is Jason Hartman? According to their website:Jason Hartman is the Founder and CEO of Platinum Properties Investor Network, The Ha

Join Jason Hartman and client, Patrick, for a timely discussion about the benefits of real estate investing. Patrick shares his experiences working with Jason Hartman and Platinum Properties Investor Network's investment counselors.Patrick tells younger people, “If you can have ten houses by the time you're 30, you'll be set when you're 60.” Staying power – a buy-and-hold philosophy – is the key to successful real estate investing. Patrick and Jason talk about the importance of having all of the facts about local markets before purchasing a property so that the property makes sense the day you buy it. Due diligence includes such factors as property taxes, employment, location to schools and shopping centers, crime rate, and in- and out-migration from an area, just to name a few. Patrick talks about the downside of speculating on properties, using his own experience with a rental home in California as an example, and encourages due diligence and diversification. The current economy is producing a larger number of tenants as more and more homeowners are forced out of their homes through foreclosures. This is creating a larger market for rental property, but not all markets are viable.Jason and Patrick also discuss the importance of going where the customers are going to have the easiest time and a good experience, rather than being loyal to a market that is no longer providing a good return. Jason is a firm believer that the investment has to work in real life, not just on paper. In the latter portion of the show, Patrick discusses the pros and cons of a college education and how true learning takes place in the real world.

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In this video, discover the properties investment opportunities available in Charlotte, NC. Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in Biloxi, MS.  Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in Austin, TX.  Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in In this video, you will learn about Dallas, TX. Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in Indianapolis, IN. Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in Phoenix, AZ. Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In this video, discover the properties investment opportunities available in Indianapolis, IN. Jason Hartman’s Platinum Properties Investor Network provides analysis of the demographics, real estate market and business climate. http://JasonHartman.com http://CreatingWealthPodcast.com

In today’s video from http://JasonHartman.com, we discuss how Platinum Properties Investor Network works, and why we give away so much properties investment information. http://CreatingWealthPodcast.com What we do at Platinum Properties is not brain surgery.  There’s nothing in here that the average investor with an average head on his or her shoulders can’t comprehend.  The real... Read more »

In today’s video from http://JasonHartman.com, learn how to continually make NON-TAXABLE money from properties investment. http://CreatingWealthPodcast.com Platinum Properties Investor Network has a series of core concepts that we communicate to our investors.  One of these is to ‘Refi ‘Til Ya Die’ with your rental property portfolio.  While this description may sound a bit snarky, it... Read more »

As I've mentioned before, I LOVE to listen to podcasts relevant to things I'm interested in. Jason Hartman, president of Platinum Properties Investor Network in Costa Mesa, California, has one of the best real estate investing podcasts on iTunes, and he joins me today for an interview about how he got started in investing and how he and his company can help you achieve your goals. I would love your feedback at askmike@trashmaninvestor.com or go to my blog at www.trashmaninvestor.com and comment there.

Platinum Properties Investor Network celebrates its’ 11th anniversary in style.