JasonHartman

How are mortgages being affected by the recent government stimulus? The vast majority of people with mortgages can get a forbearance. It's very easy to apply. You can get it simply off the basis of ""economic circumstances."" There will be another round of bailout. How will this affect nominal prices in the market? This will likely just slow the decline because it will prevent some people from totally sinking. When you own a house, you do have some leverage with the mortgage company, whereas when you rent, there's less you can do. The foreclosure timeline has been extended so we're a ways out from real estate prices to drop. It's a very slow gradual process which gives real estate investors time to think and make the right decision. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jessica Mah from inDinero teaches about the Payment Protection Program and other SBA loan programs that are available. There are two basic programs, the Payment Protection Program and the Economic Disaster Loan. 1:00 - Unfortunately, the money has run out. Will there be more funding? Only 6% of all applications have actually been funded. There will likely be more funding so it's worth applying and getting in line. Is your own bank the best source for this loan? Sometimes the smaller local bank or credit union could increase your chances in getting approved and the review process is faster. We also discuss whether brokers are worth going through to apply. 6:00 - Can you still apply even though the money is out? 8:00 - What's available and how can you be successful at getting support from these programs? You need to show all your numbers to increase your chances in approval. 12:02 - How difficult is the application process? 15:08 - Which program is right for me and where should you store the money once received? 18:00 - Will your loan actually be forgiven? 21:25 - Can you apply to both programs and which one is better? EIDL vs. PPP Learn More From inDero: https://www.indinero.com/ Learn More From Jason: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Barry Habib answers will money printing cause inflation during the recession. Is the UK printing money? Why? Barry Habib tells us how this action can lead to hyper-inflation and other dangers. If they are printing money, who's next? The debt in the US is soaring. Will the US justify printing money in the near future? This can cause the value of the currency to drop significantly. As prices keep rising, people spend money like crazy before it gets too high which can lead to shortages. How debt affect consumers is the same way it affects governments. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Barry Habib shares his insights on what will happen when the lockdown comes to an end and the country reopens. What can we expect will happen to the economy? How will real estate be affected? Real estate will hold up well and there will likely be a temporary dip in pricing. Certain markets have been disabled. You want to stay away from commercial real estate. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Because of the coronavirus pandemic, people are wondering whether they should rent or buy a house. Is it too risky right now? In this interview with George Gammon, I discuss my formula for how to determine whether renting or buying is the best option, especially during an economy in crisis. The answer isn't one or the other, t depends on the price of the house, type of market and location. Is the house in a cyclical or linear market? That makes a difference on whether it's a better deal to rent or buy. You don't have to own a house to get the benefit from living in it. If you're in a linear market, you should buy the house you live in most of the time. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

James Altucher discusses what type of economic recovery we can expect to see as the coronavirus calms down. How long will it take? What will bounce back first and what will take much longer? There's a lot we don't know. The current crisis has hit the economy worse than 9/11 and the 2008 crash. James sees the recovery as more of a ""W"" shape. The airline industry has been leveled. Many small businesses are closing their doors permanently. Supply and demand shock has hit. People aren't buying and supply is dropping as businesses shut down because they have nobody to sell to. The recent stimulus really hasn't had an effect yet because the money isn't being spent. People are saving. So we really can't expect a recovery to begin until 2021. We will recover. People will spend money again and our lives will normalize. Listen to more interviews on the creating wealth show: https://www.jasonhartman.com/podcast/ Grab a free training on investing during a crisis: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

When the government pumps money into the system does it solve the problem? The federal reserve has become more sophisticated over the last couple decades with how they help the economy. They used to just cut rates but after 2008, they started encouraging banks to have extra reserves and buying mortgage-backed securities. If nobody is buying goods, no stimulus can help the economy. People have to spend money. Commercial real estate is getting hit hard. What else may go out of business? Minimalism has been on the rise and the coronavirus has given it a boost. Listen to more interviews on the creating wealth show: https://www.jasonhartman.com/podcast/ Grab a free training on investing during a crisis: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

James Altucher, a resident of New York City shares his insights on what's really going on in the city and nationwide amidst the current pandemic. How inaccurate is the data? Were the models correct? Many of the models were 80% off and the economic devastation was a result of lockdowns that were based off those models. New York City never needed to use all the extra beds. The hospitals were not overrun. Was the extreme lockdown necessary? Is the cure worse than the problem? Listen to more interviews on the creating wealth show: https://www.jasonhartman.com/podcast/ Grab a free training on investing during a crisis: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Harry Dent discuss what’s going on in the world and how it affects real estate and the economy at large. Dent explains why the novel coronavirus is just an excuse used to cover the inevitable: while recessions cause a sudden economic collapse, COVID-19 is causing an abrupt crash. There are many benefits to all of this if you are prepared and know how to react to it, keeping in mind that it will pass. Dent says, “this is the greatest bubble in history; and bubbles burst!” Topics Covered: 1:42 – Why We’re in a Depression Right Now 7:54 – The Pause That Refreshes: Remote Innovation 11:36 – Government Does Not Drive the Economy 14:34 – Bitcoin and Cryptocurrencies 18:04 – Inflation and Deflation 23:39 – Asset Inflation Vs Consumer Inflation 26:48 – The Rise of Suburbia: Migration from High Density Areas 30:53 – High-end Commercial Real Estate Gets Hit the Hardest 33:46 – Change Makes Things Better if You Are Prepared Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Ryan Moran interviews Jason Hartman on what's currently happening to the economy and what the recovery may look like. We discuss the good news and the bad news. We talk about the concept of creative destruction and it has happened very fast because of the pandemic. We also discuss what will happen to the real estate industry. There is going to be a mass migration from urban living to suburbia. Location is less meaningful than it has ever been in human history. Businesses are discovering how they can be more profitable by moving their operations and events online. The pandemic has moved things that were in motion to the forefront much faster. What's happening to commercial real estate and how does that affect the demand for housing? The home is becoming the center of the universe and more people will be buying bigger homes to accommodate home offices. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and George Gammon discuss the current economic situation, and reveal a market update. You'll learn how real estate moves much more slowly than the stock market. Jason explains the capitalist phenomenon of price discovery or “market clearing” and how this affects the real estate market. George asks for an update on interest rates, broad markets, mortgage markets, and more. There are many factors that tie into the real estate market and how property owners are affected. For example, judicial foreclosures and non-judicial foreclosures play a role in this. Judicial foreclosures take much longer, but non-judicial are quicker and better for the property owner. Just because the laws are in place does not mean that the political climate matches up with those laws. As a property owner, you want to make sure that your state is landlord friendly, not tenant friendly. Generally speaking, liberal states are tenant friendly, and conservative states are landlord friendly, so this is something to keep in mind when choosing where to invest. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

George Gammon discusses whether we will see inflation vs deflation in 2020 during the COVID-19 pandemic. While online learning, remote work, and the cost of education are lowering, medical costs and travel costs, among others, are rising. Some things like college classes are becoming more accessible, while others such as air travel are growing more and more unobtainable. Prices have gone up steadily from the year 2000 all the way until 2020. At the same time, when you compare the US dollar to other currencies, its value looks like a roller coaster. The consumer price index is always going up regardless of the US dollar’s value. Gammon states that like the ocean, there are multiple crosscurrents at play, affecting the economy from multiple different angles. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

What is The Dragon Portfolio? Jason Hartman and George Gammon define The Dragon Portfolio. Gammon explains Chris Cole’s portfolio and how well his long volatility fund does regardless of whether we’re in a boom cycle or a bust cycle. This involves something called the Allegory of The Hawk and the Serpent. The Serpent Cycle is a cycle where the economy goes into a boom. The economy expands, but toward the end of the cycle, meets corruption. This is proceeded by the Hawk Cycle, which involves deleveraging. This is when the slate gets wiped clean and everything starts over again. Gammon says we are currently in a Hawk Cycle. It started in 2008, but these cycles typically last 20 to 30 years. This is because it takes a long time to clean everything out. Inflation and deflation are often seen as binary. However, this is not the case according to The Dragon Portfolio. Even though the stock market is down, inflation may still stay up. The stock market does not have to go up just for rent or food prices to go up. Investors should look to The Dragon Portfolio for guidance on how to remain successful during the hawk cycle. Grab a free training on pandemic investing: https://www.pandemicinvesting.com/turn-panic-into-profit Learn More: https://www.jasonhartman.com/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Mike Fischer discuss people moving out of NYC and other high-density areas and how it’s impossible to social distance in most of these cities. Fear will drive many people to move to smaller suburban or rural areas, which creates financial problems for these larger cities. However, it does open up even more opportunities for politicians to help the homeless. With so many businesses closing, Fischer discusses why these empty builders can serve as housing for the homeless population. For example, Fischer explains that the ideal homeless shelter is a friendly environment where people can actually get the help that they need, unlike current homeless shelters. Once homeless people get help for their mental and physical illnesses, then these individuals are much more likely to want help getting jobs which will benefit their own lives, as well as the economy. Learn More: https://www.jasonhartman.com/ Also check out the Creating Wealth Show: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Jim Rogers discuss Rogers’ books, his investment tips, and his perspective on COVID-19’s effect on the world economy. Rogers talks about the likely financial outcomes of quarantine, problematic conspiracies, and his concern for future generations. This video touches on current concerns and Rogers helps answer many questions in relation to America’s uncertain future. Topics Covered 1:33 - The World’s Response to COIVD-19 5:30 - Freedom, Rights, and Control 8:16 - How Will We Suffer? 13:21 - Rogers’ Views on China’s Economy 17:36 - A Depression or a Recession? 20:14 - The Mainstream Economy: What Does It All Mean? Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Mike Fischer discuss solutions to homelessness in NYC especially as it relates to COVID-19. Fischer has a very interesting and important perspective on the homeless population and how this issue should be handled. He is also a New Yorker himself and has some thoughts on Hartman’s perspective on high-density area migration. Fischer says that homelessness is a national crisis and a health crisis, and that politicians are to blame. The homeless population is actually spreading COVID-19 even more because these individuals have nowhere to take care of themselves to stay safe and clean. Fischer states that housing for the homeless is absolutely necessary for the safety of the homeless population, as well as the general public. Shelters are not always safe for the homeless population because these shelters are not well-run. On top of that, there is no way to social distance in shelters. The system is broken on both ends. Rather than either leaving people on the streets, or creating permanently free housing, rehabilitation should be the main solution to end homelessness while retaining economic stability. Learn More: https://www.jasonhartman.com/ Also check out the Creating Wealth Show: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Ryan Moran discuss becoming a millionaire in eCommerce. Moran started his career at age 18 as an affiliate marketer, which lead him to his current success as an entrepreneur. Now, he’s sharing his success methods by writing books about his journey. Ryan works with whatever is trending the most. He started businesses through Amazon and had what he calls a strikeout, a base hit, and a home run with his three first businesses. Based on his own experiences with both failure and success, he says it’s not what you sell, but who you sell it to that makes a business successful. The scale of the audience is the most important asset. Ryan claims that businesses should focus on matching their products with appropriate audiences. Without an audience, the product is pointless no matter how popular it is. Ryan also explains e-commerce and how important it is for businesses to have an online presence. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Ryan Moran and Jason Hartman discuss the coronavirus forcing people out of large cities and to suburban real estate as the economy adjusts to changes in consumer behavior. Jason asks Ryan's take on low-density migration, and how he thinks real-estate will evolve now that there’s a stigma around close social interactions. Ryan believes that people are going to leave high-density areas due to fear, and instead go back to suburban and rural living. Small condos in the city are currently more expensive than houses with acreage that lie outside city lines. Now this is at risk for flipping as people migrate into low-density areas. Jason believes the economy is going to shrink and that people are going to seek a simpler living. Moran believe that the economy will be larger in the long-term, but smaller short-term. While gyms and public places may not fair as well, larger homes and home items are likely to increase in demand. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Will commercial real estate crash in 2020 due to the coronavirus crisis? Josh Simon gives us an update on the commercial real estate market. Is there any hope? Where is it heading? Is it worth investing in? Jason Hartman and Josh Simon discuss commercial real-estate and whether or not it is doomed based on this year’s economic events. They clear up misconceptions about commercial real-estate and the media coverage that surrounds it. You'll learn about office, retail, hotels and many other types of commercial real estate. This is a general discussion of complex topics. Nothing is meant to be specific to anyone’s personal situations. If you’re interested in more than opinions, experiences, and perspectives, please consult legal professionals for official legal advice. 2:08 - What's going on in the Commercial Real-estate market? 6:45 - Experiential Vs. Essential 10:00 - Online Sales 13:25 - Drive-thru/To-go 16:50 - Rent Collection 20:32 - NNN Properties 26:00 - Real Estate Market 30:56 - Reuse Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Will we see a V shaped or U shaped recovery in the economy after the coronavirus crisis? Jason Hartman and Patrick Donohoe discuss why the economy will or will not rebound. Jason talks about the square root recovery and what that means for us. This type of recovery goes steadily, then down, then up, but not as high up as it was when it was steady. Jason believes we will wake up to a smaller economy and that it’s not necessarily a bad thing. Efficiency does not lie in travel. Jason explains how remote work is actually more efficient, and how COVID-19 has led to greater technology for remote workers and business people alike. Some business workers may not have worked remotely before, but are now seeing the appeal of it. Innovation is leading to a more sustainable business world. While the economy may not be the same for a while, if ever, there are many opportunities for growth. These include real-estate opportunities, room for remote business growth, and online shopping. However, shopping centers and other social activities may suffer for a while, even after the pandemic. Jason and Patrick discuss all the positives and negatives surrounding the current economic situation, and help viewers see the safest investment areas post-pandemic. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Pastor Paula White shares what it is like to advise Donald Trump on faith and explains the President's surprising deep faith that she discovered while working with him for 19 years. Paula gives viewers some advice on how to think about what’s occurring in our world, and to reckon with these new changes. She says that God doesn’t send these difficult times, but that God does allow us to use these times to become stronger and better. Jason points out that while some people are in a decent place, many others are having a difficult time putting food on the table. Paula responds by saying that she survived abuse and grief, and her books discuss how much that God, therapy, and emotional growth led her out of her darkest moments. She explains that she understands the fear and uncertainty, and discusses ways to help get through it. Paula goes more in-depth on her journey through mental health struggles, how she discovered God, and how she copes with fear and pain now as a believer. Paula discusses her job as a spiritual advisor for President Trump, and how she encourages inclusive spirituality. She further discusses fear and how to deal with the fear of COVID-19. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Patrick Donohoe discuss how economies grow and shrink, or expand and crash. How have the rules changed in 2020? Patrick explains that the economy is the measurement of resources that are used for particular purposes. Economic growth indicates an increase in production and value, but our current economy is based on debt and consumption. Money is created by debt. There are so many layers to understanding economics, but the Austrian School of Business says that the economy always acts in cycles. There’s boom cycles, and crash cycles. As credit expands, things will grow, and as credit contracts, things are going to crash. The main idea is that if you want to create real wealth, you simply have to have capital formation. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Mark Moss discuss current real estate trends amidst a pandemic. Jason says there are three types of markets: linear, cyclical, and hybrid. Jason discusses his “thou shout not gamble” commandment and why you should be careful about investing in cyclical markets. Rent to value ratio is important when dealing with real estate. Linear markets are most desirable in this case. The key to real estate is “staying power.” If you can stay in the game, you’ll almost always make money in real estate. When it comes to using the money you make, it’s important to remember that taxes and inflation will destroy you if you don’t reinvest your cash. Saving money without investing it is dangerous, so smart investing is critical. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Casey Weade discuss what’s happening with real estate now that we've entered uncharted economic territory. Jason claims that no one knows what will happen with the economy and looks at the macroeconomic angle to try and predict what will happen in the near future. Jason says that he can't predict exactly what will happen. He does, however, say with certainty that there will be a mass immigration from high-density areas to low-density areas. He also says that there will be a recession because the economy was closed, but that it will be a short-term problem, not long-term. The U.S. has the biggest economy in the world, and the biggest brand name in the world. Everybody wants to come to America. The dollar is backed by the military, and because of this, American will maintain reserve currency status. It’s ugly, but it’s the way it works. While some markets will be messy for a while, there is still hope for other markets. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

Jason Hartman and Casey Weade discuss what’s happening with real estate now that the global economy is going to shrink. There will be a recession, small businesses will go out of business, and people will be moving down. Real estate agents must focus on this shift. Long distance vacations and cruises will not be as popular. People won’t want to fly as often. If you can provide a short-term rental property that people can drive to in a suburban setting, people will be more likely to take vacations there. If clients can drive instead of fly, and successfully social distance, your rental property is ideal. Vacation is always optional. While short-term rental markets are good to look into, it's good to focus on inexpensive bread and butter necessity housing for long-term rentals that are present in good linear markets. Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!