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educational blog: Foreclosure Reversal - Sweet Justice? - 07/07/11 01:17 PM
As I sit here in my office reading all these great stories/articles, I can't help but share some with my loyal Active Rain family... such as the recent case in Naples, Florida, where a couple who were wrongfully foreclosed upon managed to legally turn the tables on a Bank of America branch and foreclose on them instead. As an eternal symbol of the stunning level of incompetence and criminal behavior to which corporate America can stoop, Bank of America found itself splashed across websites and newspapers from coast to coast for all the wrong reasons - again. I have written more
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educational blog: Why the News Media is Dead Wrong About Inflation and the Economy - 01/26/11 07:01 PM
Recent news cycles have been peppered with reports of looming inflation from economists and business leaders, along with the expected denials and excuses from politicians and their propaganda outlets in the news media. Chief among the distortions being advanced is the notion that inflation cannot persist in a down economy.The basis for this fallacious claim is a relic of Keynsian economics known as the “Phillips Curve.” This diagram represents a perceived trade-off between inflation and unemployment within a market economy, which was based on experiential observation during the mid-twentieth century. The narrative that is used to sell this line of reasoning
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educational blog: BP Oil Spill Endangering Gulf Property Investments? - 12/01/10 02:36 PM
Income property owners in Gulf Coast states have been worried (rightly so) about the value of their investments, a concern which began in April of this year when a BP rented oil rig blew up, killing 11 workers and rupturing an oil well one mile below the surface of the ocean. As was expected, the foaming-at-the-mouth mainstream media developed an immediate obsession with the prospect of catastrophic environmental damage, little of which has come to pass. The dramatic drop in beach town tourism and the subsequent financial reaming of Gulf Coast business owners can be directly attributed to media hysteria.
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educational blog: Rising Rents for Tenants = Passive Income for Landlords - 11/19/10 03:12 PM
If you don’t have a passing familiarity with the phrase “passive income,” let’s remedy that. Passive income can be described as money you receive without trading it straight across for time spent working. A good example would be dividends paid on stock owned. A better example, and the one we’re talking about here, is property that you own and rent out, such as apartments, condos, duplexes, and – our personal favorite – single family residential homes. As a landlord, we like it when more people rent, right? Correct! Additional people clamoring for rental properties falls neatly within the scope of the
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educational blog: Increase Long-Lasting Customers - That Platinum Rule! - 10/06/10 01:14 PM
Well known for his concept of ‘The Platinum Rule,’ Dr. Tony Alessandra connects with Jason Hartman (that's me!), founder of the Creating Wealth Show to speak on relationships and how to increase the number of long-lasting customers. During podcast number 165, Dr. Alessandra discusses the four types of personalities, which are: the director, thinker, relater, and socializer. Throughout the episode, Dr. Alessandra stresses to Jason and the audience, how important it is to read another person in any given situation. He states, “A typical sales person often does not empathize with the individual they are making the pitch to, rather, they
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educational blog: Avoid These 8 Mistakes When Investing In Properties - 09/14/10 02:01 PM
Investors themselves often block the path to success with self-defeating attitudes, actions, and especially inaction, failing to “get out of their own way.” While intelligent investing is obviously a better strategy than ignorance, succumbing to “the paralysis of analysis” thwarts any chance of success. Steering a balanced course between the two poles of over- and under-thinking is the key. Focusing on Negative Experiences Investors who focus on negative experiences and ignore successes suffer from a kind of tunnel vision that prevents them from seeing and understanding the big picture. Maintain perspective rather than allowing a single setback to inform your whole
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educational blog: A letter Addressed to Rush Limbaugh - 09/01/10 12:25 PM
Dear Rush, We’ve been listening to your show for a while now and are beginning to pick up on a subtle vibe that maybe you don’t completely trust the Obama in Chief with the direction of the country. Not sure if you realize it but spitting in the faces of our Founding Fathers is not even the worst of it. Have you looked at your portfolio lately? As a born and raised Missourian from the Show Me state, we’re sure you pay close attention to the direction of your portfolio, which probably feels like a shot put dropped on your foot
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educational blog: Don’t invest – Create Long-Term Wealth Instead - 08/30/10 02:43 PM
Sometimes our reality is based on assumption drilled into us by those with a personal agenda. So it is with investing. For the first half of the last century, the stock market wasn’t a bad way to create wealth. Then came the devaluation of the dollar and the rise of the financial pimping industry with their continual call to “invest” on Wall Street. Sort of like tithing, they want you to give them your money at regular intervals and maybe they’ll be a reward for you at the end. Then again, maybe not. Today’s reality is that “investing” in the stock
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educational blog: Invest Now For A Better Tomorrow - 08/25/10 05:33 PM
Working for an hourly wage is not the way to get ahead in this life. That strategy allows you to pay the bills, take a vacation every now and then, and not much else. Before you know it, retirement age arrives but your portfolio is too anemic to quit working entirely, or worse, maybe you won’t be able to quit working at all – ever. The problem is that most people never learned how to invest properly. Here’s the short version: the stock market is bad; property investing is good. This nightmare scenario of a working retirement has become a
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educational blog: The Ugly Truth: 10 years of losing for stock market investors - 08/24/10 03:34 PM
Yes, the truth is ugly, very ugly. Your stock broker can’t tell you what he doesn’t understand and his ignorance is costing stock investors big time. Here’s the ugly truth behind your portfolio – even if you’re marking down a 10% return on investment (ROI) as profit each year on Wall Street, it’s a paper tiger. In reality, you’re not making a penny because inflation is eating you alive. If you always dismissed inflation as nothing more than an irritant, something that existed but didn’t make much difference on ROI to an investor, you better sit up and pay attention
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educational blog: I discuss personal and organizational development with expert David Allen - 08/23/10 03:12 PM
In episode number 160 of the Creating Wealth Show, Jason Hartman (that's me!) interviews David Allen, author of Getting Things Done and Making It All Work. David is an expert in personal and organizational productivity and highly recognized in the corporate environment due to his executive coaching efforts and book publications. In this episode, David lends his expertise on ways people can get their lives under control and how to decide what to do, which include the five steps to getting a situation under control and six steps to deciding how to achieve the ending goal. In today’s atmosphere, David finds
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educational blog: Wealth Strategies for Christian Investors - 08/20/10 06:28 PM
Think diversification is only for heathens? Christian investors should take a look at Ecclesiastes 11:2, where King Solomon wrote to “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on earth.” This basic market truth should be ignored at your own peril. It wasn’t by accident that the Queen of Sheba noted that everything Solomon’s hands touched turned to gold, or that the Lord told Solomon he would endow him with riches, honor, and wisdom. In basic terms, Solomon’s wisdom tells Christian investors to spread their investment around and not sink it
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educational blog: There are Non-conventional Ways to Finance Non-owner Occupied Real Estate - 08/20/10 01:05 PM
Founder of the Creating Wealth Show and Platinum Properties Investor Network, Jason Hartman (that's me!), speaks on the difficulties of obtaining traditional financing now that banks are overcorrecting their past lending mistakes. In episode number 148, Jason invites Atlanta-based investment property rehabilitators Eric and Jim, along with Sara Liskey, who is part of the Platinum team, to speak on available financing and property investment opportunities available throughout the country. Over the last few years, financing has become increasingly difficult and currently will take many more hoops to jump through. Typically, investors should expect to need six months cash reserves, less
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educational blog: Positive thinking works! - 08/12/10 01:48 PM
Thinking positive is not just a load of New Age malarkey. Your present circumstances in life are a direct result of how your brain thinks. Jason Hartman (that's me) discussed this topic with Dr. Jim Wendling on episode #170 of the Creating Wealth Show. Think about it – how many negative thinkers do you know who have become wildly successful? Our guess is not many. Wealth building seems to have a strange correlation to one’s optimistic belief that all things are possible. Defeatist, self-limiting outlooks is an epidemic these days, and people who fall prey to that trap can expect
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educational blog: Immediate Results with Social Media - 08/04/10 07:14 PM
It’s hard to talk about internet marketing strategies today without running into the concept of social media (SM). You know the usual suspects – Facebook, Twitter, MySpace, LinkdIn, etc. But simply opening a half dozen SM accounts and throwing content at it is not the way to go. Social media can be very effective – WHEN USED PROPERLY! Sorry to shout. It’s just that there are so many poor examples of social media in action. Make your effort one of the good ones. 1. Make it easy and safe for your audience to participate. Yes, content matters but so does
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educational blog: Mobile Home Park Investment Advice From Expert Dave Reynolds - 08/04/10 02:35 PM
In a downsized economy where only service industry jobs seem to be booming, the trend is away from upscale properties while demand is growing in the rental sector. Meanwhile, the window of opportunity is narrowing to take advantage of a market that has been both maligned and neglected – mobile home parks. In episode #168 of The Creating Wealth Show guest Dave Reynolds shares his expertise on the subject. Reynolds was born into the business, but he wasn’t infatuated with it until he viewed his dad’s profitable park management with the perspective of a recent accounting graduate. His own entry into
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educational blog: Like Junk Bonds, Only Better - 08/03/10 01:48 PM
The great part about junk bonds is you can make an incredible return on your investment. The rest of the story is there is a high risk of default. Is it possible to earn junk bond level returns without the accompanying risk? We thought you’d never ask. Of course there is! It’s called income property and if you are serious about achieving financial independence, we’ve never seen anything like it. Here’s another example from the eternally robust (for investors) Indianapolis real estate market. We’re talking about an 1,800 square foot property built in 2000. Yes, it needs some rehab
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educational blog: Twitter Business Center is coming! - 08/03/10 01:13 PM
Twitter. Facebook. MySpace. The rub with the powers-that-be in charge of each of these social media titans is how to make them profitable. From a business perspective, what good is it to have 70 trillion thousand participants but not make a single red cent in profit? The soon-to-be-launched Twitter Business Center (TBC), now available to small, hand-picked group of users, proves at least one of the Big Three is on the case. What exactly will the TBC do that anyone cares about? The answer to that question is still to be determined but here’s the plan. The TBC is
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educational blog: 7 Reasons Real Estate Is A Better Investment Than Gold - 07/30/10 07:03 PM
In episode 168 of the Creating Wealth Show, I (Jason Hartman) discuss some of the disadvantages of investing in gold. Despite the crowd of investors clamoring to join this gold rush redux, I am not a fan. In fact, I liken buying precious metals with investing in insurance since neither meets my standards of a true investment, although they are touted as such. If you want evidence, consider that insurance companies turn around and invest your premiums in real estate. Few would argue that gold and silver are essentially money. Thus, precious metals are equivalent to savings or wealth
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educational blog: Time to buy international real estate? - 07/30/10 01:47 PM
It might seem like the most obvious way to diversify your real estate portfolio is to invest internationally. Ancient French towns, laid back Caribbean villas, or splashy Dubai condos. Surely these locations will never go out of fashion. Plus the euro is kicking the dollar to hell and back on value and has been doing so for a while. As might be expected, there are a few factors to keep in mind. First and foremost, don’t forget the Platinum Properties Investor Network maxim, “Does it make financial sense the day you buy it?” If it doesn’t, nothing else
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Jason Hartman
Costa Mesa,
CA
More about me
Platinum Properties Investor Network
Address: 3333 Michelson Drive, Suite 280, Irvine, CA, 92612
Office Phone: (714) 820-4200
Email Me
While running my successful real estate and media businesses, I (Jason Hartman) believe that giving back to the community plays an important role in building strong personal relationships. In addition to my real estate investing company (Platinum Properties Investor Network - www.JasonHartman.com), I established The Jason Hartman Foundation in 2005 with $200,000 of my own money to provide financial literacy education to young adults so they can utilize 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. I am here to help!
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