Today's episode is a return to the basics of real estate investing.

Gary starts off the episode with the announcement of his new book and keying in on a few of the commandments that resonate with him most, and then Jason Hartman has a discussion about the full list of 10 commandments.

Websites:

www.GaryPinkerton.com

In this 10th episode, Jason Hartman talks with Wall Street worker turned Navy Seal turned author, Mark Divine about the importance of striking a balance between your own personal, spiritual and emotional being and how that can influence the way you work in business. He uses his Seal experience to write his latest book, The Way of the Seal, which provides realistic and useful advice for achieving this balance.

Key Takeaways:

12:30 – What passes for ‘business’ in Wall Street is not for everyone, and some workers simply don’t want to be a part of that environment.

15:00 – Think about why you do what you do. If it’s just to scrape money off the top, that’s just flat-out wrong because you’re not adding any value to society.

20:00 – The internet is changing the world and the way it works, from democratizing publishing and more in the same way the information revolution worked.

23:00 – In the times between the old and the new, the ones with the biggest guns and the biggest biceps will come out on top.

26:30 – An awareness of your own situation and your ability to react to it are skills you learn as a Navy Seal, but they’re also skills you can apply as a businessman or entrepreneur to your everyday working life.

28:30 – The realm of your subconscious, your creativity, your heart mind and your belly mind leads you to the seat of intuition.

30:45 – The importance of movement is still fundamental: children don’t really start to learn until they start to crawl, and if they miss that stage, that sets them back a long time in terms of learning.

37:30 – Understandably, it can be difficult to find the time to exercise, but if you can make the effort to find that time, it will make a huge difference.

44:30 – Working on the bookend system of the morning and evening ritual can both set you up correctly fr the day ahead and settle you enough for a good night’s sleep.

Website:

www.SealFit.com

www.UnbeatableMind.com

Available here is a chance to hear Jason's take on the Eight Financial Rules That Apply to Everyone and Their Money, as listed by Business Insider, and a few of his own Commandments. In the second half of the show, Jason finds out about the changing demographics of the United States and questions the consequences on real estate investing, as well as putting some figures and statistics to the eternal question, ‘Can money make you happy?’

Website:

www.JasonHartman.com/Properties

Gary Pinkerton talks with Mike Zlotnik, CEO of Tempo Funding LLC and founder of TF Management Group, about ways someone can invest in real estate without actually purchasing properties of their own.

Gary and Mike discuss the investment opportunities of Mike's fund, as well as how people can utilize funds and opportunities of a similar nature, even if they aren't an accredited investor.

Key Takeaways:

[3:55] Mike is a family man who ran from communism to get to America

[10:40] You can make money by owning real estate, or by lending money for real estate

[16:45] How funds like Mike's pay out, and how much the managers are taking for their fee

[19:52] The question EVERY investor needs to ask when getting involved in a fund

Website:

How to Choose a Smart Real Estate Investment Fund
Get the book FREE by emailing mike@tempofunding.com and mentioning the Heroic Investing Show

www.TempoFunding.com

Today's episode is a special one for Gary, as his two biggest mentors get together to share their insight.

Technological changes are the main focus of this conversation between Jason and Pat Donohoe of The Wealth Standard podcast. The convergence of many different technologies will shape the life of humans in ways we may not even be aware of yet. The conflicting forces of the central banks and governments in opposition to robotics, self-driving cars, and human longevity, all make this an amazing time to be alive. Exponential changes are currently taking place and the best way to keep up-to-date on our ever-changing world is through podcasts. Podcasts are an immediate dissemination of knowledge, analysis, and opinion.

Key Takeaways:

[9:49] Converging technologies and what it could mean for the future.

[15:43] The valuation of real estate will be impacted by the adoption of self-driving cars.

[23:24] What are the forces which will affect real estate prices and cost to rent?

[28:20] The target inflation rate is dictated by the “Phillips Curve”.

[29:24] Robotics and human longevity and what it means for our economic future.

[35:13] What books and information can someone use to stay plugged in, networked and prepared for the upcoming changes?

Website:

www.TheWealthStandard.com

Gary Pinkerton talks with friend, veteran, and fellow real estate investor Craig Horton about his journey in the family real estate business, as well as how he continues to educate himself through life.

Key Takeaways:

[7:34] What is Craig's book about?

[9:53] The life changing practice Gary does that's incredibly easy

[10:54] Craig's son Larry's journey as a first responder

[14:40] You need to have balance in all parts of life

[18:38] The importance of continuing to educate yourself

[23:15] Part of the real estate business is about freedom

Website:

www.MedfordBetterHousing.com

Interest rates are on their way up, which will cut into your cash flow for rental properties a little bit, but that doesn't mean that rental properties are now bad investments. Deals can make financial sense from day 1 during good times and bad. They may not be as phenomenal during high interest rates, but waiting around for the next crash could prove monumentally disastrous.

Gary Pinkerton starts off the show discussing this topic, and then Jason Hartman has a lender panel from a recent Meet the Masters where they discuss the impact of higher interest rates.

Gary Pinkerton talks with John Schaub, author of Building Wealth One House at a Time, about his approach to investing in real estate. John's approach is a bit different from Jason & Gary's, but it's been pretty effective for him.

Key Takeaways:

[6:04] John's start in the real estate world

[9:56] John recommends people avoid bank loans

[13:42] What's the difference between a boom and a bubble?

[17:21] Who is Building Wealth One House at a Time written for?

[23:08] You don't have to have a ton of properties to make real estate work well for you

Website:

www.JohnSchaub.com

Gary Pinkerton starts off the show with a discussion about the dangers of putting all of your wealth into paying off your primary residence. It might sound like a good idea, but what happens if you need your money at a time when either the market or your situation doesn't make it possible?

Then Jason Hartman examines the subject of debt, both good and bad. The prudent use of leverage or borrowed money can accelerate wealth creation and reduce risk. We’ll look at many perspectives including a profile of Donald Trump and his “troubles” in the 90’s.

Website:

www.JasonHartman.com/Properties

Gary Pinkerton talks with Franz Sedelmayer, CEO of Multinational Asset Recovery Company, LLC, about his time suing the Russian Federation and becoming the sole person to collect on a claim against Russia. The two also discuss the massive imbalance in how Russia is perceived by citizens of the world vs how much power they actually wield, and how 9/11 changed not just America, but Europe as well.

Key Takeaways:

[7:56] Franz was hopefully in the 90s that Russia would become a successful democracy, but then things went wrong starting in 1993

[11:08] Why Franz doesn't think Americans should be too concerned about Putin or Russia

[15:15] The biggest problem in the world's relationship with Russia right now

[19:26] What life in Europe has been like since 9/11

[21:04] Franz's take on Trump & Russia

Website:

www.WelcomeToPutingrad.com