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 … (0 comments)
the creating wealth show: The New (un)Reality of American Banks
- 07/21/10 09:12 AM
What the Federal Reserve is doing to banks will end badly. It always does. We’re talking about creating “money” from thin air or, in other words, the Fed is now paying banks in reserve balances, which aren’t really balances at all, but rather numbers sitting on a computer screen somewhere waiting to be transferred.
Some estimates say that up to 10% of American bank balances are made up of unreal money from the Fed. This should be scary stuff to us all. Here are a few examples of where this policy has been tried in the past. 1. Weimar … (0 comments)
the creating wealth show: Online skills deficit? Outsource!
- 06/24/10 01:59 PM
Let’s face it. Almost everyone who doesn’t make a living online would like to. Often the reason is that the person feels overwhelmed and unequipped to take even the first step. Relax, breathe quietly for a moment, and look at the issue logically.
Say you want to start an internet marketing business selling your own product. That’s a good idea. Lots of people make great money doing that. We’ve established that information marketing is an eternal money maker so we’ll go that way with our example. Now you need to write an ebook about your area of expertise. But you … (0 comments)
the creating wealth show: The difference between hobby and business...
- 06/16/10 06:08 AM
...accountability. Why do we go to work? For a very few of us, job satisfaction. For the vast majority, because it takes money to live. If they had a choice, most people would rather work at a home based business, selling a service or marketing a product over the internet. To many, that’s a distant dream that doesn’t seem to fit into the day to day reality of living.
You can make it fit, though, if you do two things. 1.Find an extra hour or two in your day and take focused action to build a business. 2.Make yourself accountable … (0 comments)
the creating wealth show: Light at the end of the housing crisis tunnel
- 05/28/10 10:41 AM
The light at the end of tunnel is NOT a freight train coming our way – that beast has already been and gone, at least according to billionaire investor Warren Buffett, who thinks the residential real estate slump will be over by the end of next year. He predicts that’s how long it will take for demand to catch up with supply.
The recent plummet in home values has left 20% of all U.S. mortgage holders owing more than what their house in worth, causing some pundits to liken the present economic devastation to the Great Depression. Real estate investors … (3 comments)
the creating wealth show: No risk advertising with Hydra
- 05/10/10 07:58 AM
We’ve mentioned it before. You can’t rely on walk-in traffic to promote your home-based business. At some point you’re going to have to get out there and drive traffic to a website or phone number. In the old days (yesterday) Google ruled the online advertising world. Their Pay Per Click (PPC) business model set the standard to and was the only game in town for internet advertisers to reach potential customers. Google is still the behemoth at the top of the internet world but a new player is standing on the sidelines called Hydra. Hydra is a results based company. Instead … (0 comments)
the creating wealth show: Real estate…patience, patience, patience
- 05/04/10 05:34 AM
An interesting point was brought up in episode #155 of The Creating Wealth Show. The phrase “location, location, location” has traditionally been the mantra in assessing the value of a property. Perhaps they should say “patience, patience, patience” instead. Eventually, every market will be a good value again. The trick is to realize that all markets are not a good deal all the time. Don’t get hung up on a particular area, thinking factors like proximity to the beach will make it eternally valuable.
Las Vegas? Terrible right now - saturated rental market! San Diego? We wouldn’t wish property ownership … (5 comments)
the creating wealth show: University Wealth: Secrets to Buy & Manage Student Income Property
- 11/20/09 10:11 AM
With excellent demographics, student housing rental property can be very lucrative during this day and age. As our economy wrestles through recession, many individuals are choosing to continue their education in hopes of deferring student loans and a rejuvenated workforce upon graduating. Our guest, Marleen Geyen, is an experienced student housing investor and author of University Wealth, a real estate, personal finance and investing book that teaches real estate buying in the college rental arena. Visit: http://bit.ly/388noh.
During this episode Marleen will disclose how to make INCREDIBLE profits renting to students, how your son or daughter can live for free … (5 comments)
the creating wealth show: Sneaky Landlord Tricks
- 10/21/09 04:42 AM
It's probably one of the more vexing aspects of investing in real estate and owning rental properties - how to get those gosh darn tenants to pay the rent on time, every time. Following are a few ideas to either implement yourself or have your property management company do it.
If you've been reading this blog or listening to The Creating Wealth Show with Jason Hartman (yours truly :-) )for any length of time, you know we STRONGLY recommend that income property owners use a management company. But whether you do or you don't, here are two ways to trick, … (9 comments)
the creating wealth show: What’s reasonable rent for your property? The Key to Investing!
- 10/16/09 05:20 AM
This one is a biggie. You finally decided to take action through Platinum Properties Investor Network and start using real estate investing to create the level of wealth that makes you veerrry comfortable. You know from reading hundreds of blog post and listening to dozens of hours of The Creating Wealth Show that rental property is where the historically proven profits are.
But now you find yourself the actual owner of a rental house sitting nice and pretty on a piece of land - how are you going to price it to rent out? Don't worry. It's not as hard … (6 comments)
the creating wealth show: Do you play the blame game?
- 10/15/09 10:34 AM
A few weeks ago on The Creating Wealth Show, I took up the topic of personal responsibility with guest John Miller, an organizational and development expert. Personal responsibility, or lack of accountability, seems to be suffering an outbreak of epic proportions these days. The result is procrastination, complaining, and blame.
This is no joke. Grown adults exist in a state of arrested development that has transported them back to eight years of age, and there's nothing less attractive than whining, buck-passing grown-ups. Here's the problem. We're spoiled. We've had it too easy for too long and have never suffered consequences for our … (6 comments)
the creating wealth show: Drinking the green Kool-Aid
- 09/14/09 07:10 AM
Show #115 of The Creating Wealth Show featured my interview with Steven Milloy, author of the new book, Green Hell. The book is an expose' of today's environmental movement and how it's harmful for your life, harmful for your health, and especially harmful for your freedom. Why am I even using valuable pixels bringing up this subject you ask? The answer is this - if it's harmful for your freedom, AND you can guarantee it's going to be harmdul for your investments at some point. The "greens", as Milloy calls them, are obsessed with allowing government to creep into every area of your life.
If there's … (4 comments)
the creating wealth show: Two little properties safer than one big one?
- 07/28/09 05:09 AM
One of the most frequent questions I get is why I recommend clients initially purchase one or two single family residential units in different geographical areas than a 10 or 20 unit apartment building located (obviously) in one spot. This is a perfect example of what I mean by diversifying your portfolio and it is VERY important in the beginning of your income property investing career. On a recent edition of The Creating Wealth Show, I recounted an experience from the early days of Platinum Properties Investor NetworkTM. South Carolina had been targeted by us as a great area for income property purchases. We don't … (0 comments)
the creating wealth show: Write a Review: Get a Free Financial Freedom Report!
- 07/20/09 04:47 AM
We all know the best advertising is word of mouth advertising. People are interested in what you have to say. Do you have a favorite forum that you post to? Do you comment on blog posts? Have you ever left a review for a Podcast on iTunes? Are you on Facebook, or one of the other social media sites? Simply leave a quick sentence or two review about The Creating Wealth Show on your favorite site, send us the link, and we will reward you with a free copy of our outstanding monthly newsletter, Jason Hartman's Financial Freedom Report, a $24.75 … (1 comments)
the creating wealth show: Innovative Investment Opportunity - Income Property for only $5,000 Down
- 06/04/09 10:17 AM
Torey, in Atlanta, just might be your new best friend if you're looking to get into a property deal with almost no risk to you and at a very low cost. Why? As a local market specialist in a scorching hot city for income property investing, Torey convinced Platinum Properties Investor Network to partner with him with a truly revolutionary approach to financing. We've been approached over the years from various cities, asking us to take part in similar deals but there was always a catch. This time there is no catch. Torey is the real deal and he's sitting down … (0 comments)
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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