35 Burst results for "First House"
Sudan's military takes power in coup, arrests prime minister
"Sedans Medici has dissolved the country's transitional governments Alice off to troops arrested the acting prime minister after the early morning arrests of prime minister Abdullah Humm dog and other officials the head of the Medici channel up and felt that Britain announced on state TV that he was dissolving the government on the suffering council the council's a joint military and civilian body created four months off said longtime autocrat Amman but she is also to run the country current Q. tree condemnation from throughout the international community European Commission spokesperson WMS Riley said the European Union were worried about recent developments you is very concerned about Sudan's military forces reportedly putting prime minister hun dock under house arrest U. N. secretary general Antonio Guterres tweeted that must be full respect for the constitutional charter to protect the hard won political transition I'm Karen Thomas
AP source: Manchin agreeable to wealth tax for Biden plan
"White House proposals for new taxes on billionaires in certain corporations to help pay for president Biden's big domestic policy bill or drawing the backing of democratic senator Joe Manchin a person who requested anonymity to discuss mansions position tells the Associated Press the senator is agreeable to the white house's new approach on the tax proposals I didn't spent hours yesterday at his home in Delaware with mansion and Senate Majority Leader Chuck Schumer Democrats are trying to wrap up talks on the social services and climate change package what had been a sweeping three point five trillion plan is now being eyed at one point seven five the what could still climb higher resolving the revenue side is key as Democrats insist the new spending will be fully paid for by the various taxes I'm
Biden, key senators huddle as Dems drive toward budget deal
"President Biden brought to pivotal senators to his Delaware home Sunday senator Joe Manchin of West Virginia and Senate Majority Leader Chuck Schumer to resolve disputes that have stymied the Democrats wide ranging social safety net and environmental legislation that represents the core of Biden's domestic agenda I've been Thomas with the latest Biden is pressing for progress so he can spotlight his administration's achievements to world leaders that oversee summits that get under way this week but among the expected cuts are clean energy provisions senator Angus king an independent from Maine who caucuses with the Democrats tells NBC's meet the press that's a disappointment it weakens Joe Biden's hands in Glasco the the climate meeting that's coming up because if if we're gonna get the rest of the world to take serious steps to remedy this problem we've got to do it ourselves house speaker Nancy Pelosi says she does expect an agreement on a framework by week's end that would pave the way for a house vote on the separate one trillion dollar bipartisan infrastructure bill before next Sunday series of transportation programs will lapse Ben Thomas Washington
Israel set to OK 3,000 West Bank settler homes this week
"Israel is expected to move forward with thousands of new homes the Jewish settlers in the west bank the plan for about thirty thousand new homes in the west bank has already drawn calls for restraint from the U. S. which has voiced concern over the expected approvals two thousand eight hundred new units are expected to be approved in the west bank complicating any efforts to create a Palestinian state the Palestinians seek the west bank along with the Gaza Strip and East Jerusalem for their future states and the the supplements which house some seven hundred thousand Israeli settlers as the main obstacle to peace what is rope use the west bank of the biblical and historical heartland of the Jewish people most
Jen Psaki Avoids Peter Doocy's Question on Joe Biden's Intentions at the Border
"Mark All right Peter doocy questions Psaki Of course lies like a rug and The White House a briefing today About Biden in the border Cut 20 go Does that count as a visit He said I've been there before You're saying he drove by for a few minutes Does that count What is the root cause Where are people coming from who are coming to the border Peter The president said that I'm asking you a question because I think people should understand the context Where do people where do people come I'm asking you Okay I'll answer it for you People come from Central America and Mexico to go to the border The president has been to those countries ten times this clever But he hasn't been to our country in the southern border So he goes to these other countries Why doesn't he go to the southern border To our country Why doesn't he visit our country Why doesn't he go to the southern border It's so obvious Go ahead There is a focus right now on a photo op The president does not believe a photo op is the same Presidents doing photo ops all the time So I was in Scranton the other day rambling there So I was in Michigan before that rambling there Photo op personal are you afraid of a photo op I believe he's president He does photo ops all the time but then that's not why People like me want him to to celebrate His policies on the southern border To talk to the people who live there Who are thrilled with the president to talk to the Democrats who represent the people on the southern border whether it's Texas Arizona New Mexico who are thrilled with the president of the United States We want him to visit all the little kids who've come into the freest country in the world who are being fed and being treated so beautifully In these holding tanks these aquariums or whatever you want to call them
Neil Parrott Talks About Campaign for Western Maryland Secession to West Virginia
"Blue states like Maryland which have these blood red counties full of real genuine patriots and people who love liberty and their families and God and kneel there just tired of it man they're pissed off They're just like I've had enough of this communist crap Can we have a place where people can respect their civil liberties You're not going on a lot of doors in western Maryland The story was about them talking about seceding from the state into West Virginia and candidly Neil I don't blame him No Dan you've knocked on board two And I've heard it for all ten years that I've been a state delegate People are tired They would like to just be able to leave the state And now there is a proposal to go to Washington We're talking with the state Senate president in Washington and their Speaker of the House and they would like to have us there They're actually going to do a vote so we wrote a letter and said we'd like to go to West Virginia And it is the pent up frustration of not being represented from liberal analysis And really being just kicked to the side many issues but some of them are second in the rights We don't have good secular rights in Maryland but of course West Virginia does Taxes are way too high in Maryland compared to estrogen It was higher And stay here They wouldn't have to leave if we were part of West Virginia When you look at school they just passed thankfully the center of Patricia they have the most school choice Bill in the entire country right now We'd like to see that in western Maryland as well And of course the safety and schools when you look at what's happened to Virginia with this transgender people are boys are going to the girls bathroom in a salty people That can happen in Maryland We pass bills to allow that to happen But West Virginia doesn't do that And in fact they said if you're going to have girl sports biological boys not going to be allowed to compete to grow sports at West Virginia That are some of the things that people in western Maryland would like to
In South Sudan, flooding called 'worst thing in my lifetime'
"South Sudan is suffering from a third straight year of extreme flooding as the world meteorological organization warned of an increase in such climate shocks to come across much of Africa the United Nations says flooding has affected almost a whole million people across south Sudan since may I suggest your posse from the international red cross says on top of the flooding many south Sudanese are suffering from auto issues those people we are so affected by drought and many with a crisis so this is very critical emitted in house dressing in southern Saddam faced enough from U. N. H. C. R. says the issue is a human made ones also that has been very prone to cyclical droughts and floods sometimes happening the same time in in in a year and this is nothing but just the effects of a changing climate time Karen Thomas
Why Are There So Many Job Openings in America? Something's Not Adding Up
"This. Hey, David, thanks for calling, why are there so many job openings still in America? 5000 job openings, a golden corral? Did you can you believe that? I appreciate time. Thank you. We appreciate all that you do. Thank you. It's all part of the plan. It's part of destroying America. Pay people to stay home. You know, in our schools, they got CRT and mask mandates and the injection. Inflation, look at the board. Look at Afghanistan. The food shortages barges out in the West Coast. They can't even land. It's all part of the plant to destroy American. If The White House don't step up soon, we're all going to be trouble. I mean, this is like this is like David. David, this is like a Hollywood movie. If you put a script together and said, how would you slowly but surely destroy the country, these are the policies that would be enacted. I mean, you're so right. Now, let's go back to your first point though about paying people to stay home. The unemployment, the pandemic unemployment benefits ended him over a month ago. So why aren't you go ahead programs after that? There's still programs after the helping people write less. It might not be clear for people to see, but there's still people out there getting money to do nothing. Yeah, but if you work, I don't know. If you work at a golden corral and you're making, you know, 14, $15 an hour, $17 an hour, maybe you get tips. You know, however that works, whatever the income is for people. And then you're paid to stay home for a year, I get it. All the unemployment, the key COVID era unemployment programs that were established by the cares act ended September 6th. People aren't getting paid anymore to stay home, so don't they have to go to work? Did people save enough? While they weren't working? I mean, something else is going on here. There's something that is not making sense.
AG Garland Won't Say if He Sought Ethics Guidance Regarding Ties to Son-in-Law's CRT-Promoting Company
"Apparently there's a company. That Merrick Garland's son in law is part of or runs or works for that advocate, critical race theory. What's the name of the company guys I'm drawing a blank? I want to say Polaroid. It's not Polaroid. It's it starts with a pee, I think. Say it out loud, Derrick, what? Think this pattern. Panorama, that's what it is. Yeah, it is. It's panorama. So panorama is a company that Merrick Garland's son in law works for and so Merrick Garland is sicking the FBI on parents who are ostensibly challenging the business model of Merrick Garland's son in law. So yesterday, as the AG was appearing before the House judiciary committee, House judiciary committee member Mike Johnson congressman from Louisiana had this unbelievable exchange with Merrick Garland who immediately turned into like a stepford wife, he was like a robot. He started going to this talking point about this memorandum set. He's talking about the memo well you got to hear this. Did you excuse me? Did you seek ethics counsel before you issued a letter that directly relates to the financial interest of your family? Yes or no? This memorandum does not relate to the financial interests of anyone. It's I take that as a no. I take that as a no. Memorandum is against violence and threats of violence. Will you mister attorney general? Will you commit to having the appropriate ethics design the review the case and make the results public? This memorandum is aimed at violence and threats of violence. I understand you're talking point, you're not answering my question, mister attorney general. With all due respect, will you submit to an ethics review of this matter? Yes or no? There's no company in America or hopefully no law abiding citizen in America who believes that threats of violence should not be prevented. There are no conflicts of interest that anyone could have. According to you, but with due respect, that's the purpose of the federal regulation. We need objective third parties to review our activities. You don't get to make that decision yourself. It doesn't matter. You're the top, you're the chief law enforcement of this country. This raises questions in the minds of millions of Americans in your impartiality is being called into question. Why would you not submit to a simple ethics review of that? I am exquisitely aware of the ethics requirements. But you're not following them. I have followed them and lived with them for the last 25 years. Did you seek an ethics review of this or not? I want to say again, there are no conflicts of interest involved when the Justice Department. Okay, okay. According to you, I got that. I'm not trying to be distracted, but you are not respecting our rules, our constitutional norms and the federal law that directly applies to your
Biden, top Congress Dems strategize on domestic plan
"Hi Mike Rossi a reporting the White House and congressional Democrats are facing difficult decisions as they try to pare down their domestic spending plan the White House and congressional Democrats are struggling to cut down there once three point five trillion dollar domestic policy plan to a more palatable two trillion dollars democratic leaders had talked about a Friday deadline but senator Joe Manchin says the concerns of mansions fellow democratic centrist senator Christian cinema remain an obstacle representative from Mila giant Paul who chairs the congressional progressive caucus told reporters he's talking to the White House so we'll just have
Stacey Lennox: Democrats Are Already Crafting Their Excuse to Losing in the Midterms
"Anyway how do you know that Democrats think they will lose the House majority in the midterm she writes Because they are already crafting the excuse And they have Stacey Abrams who cause lies about her race in Georgia but that's okay She's allowed to deny an election What do you think about that Liz I bet Liz Cheney is no problem at all But about Benny Benny Johnson the chairman of the committee is he concerned about that No not in the least it's Benny Everyone knows Benny Once again Abrams was confident she could be the governor of Georgia and would have been if not for voter suppression of course Then the Senate majority leader such as he is schmuck E Chuck E. Schumer brought S 27 47 also known as the freedom to vote act up for a cloture vote Republicans filibustered the bill unanimously voting against it Because they're obviously all white supremacist who support Jim Crow I want you to listen to this The bill is senator Joe Manchin so called compromise bill to replace the for the people act When you hear it as a compromise bill you may assume Republicans were on board according to Jason sneed executive director the honest elections project mansions only compromises were between the left and the radical left Just like HR one this bill overrides state voter ID requirements Bans election integrity measures for absentee voting makes it harder for states to maintain updated accurate voter registration roles This is the mansion you see the moderate compromise I don't trust this guy mansion I don't trust this guy
Despite His Credentials, AG Merrick Garland Doesn't Understand the First Amendment
"You know they read your resume out there Garland they read your resume You are principal associate Deputy Attorney General I was one too You were a deputy assistant attorney general I was one too You were an assistant U.S. attorney You were a federal judge Now you're the attorney general What a resume And yet you're still ignorant and illiterate when it comes to the First Amendment's amazing thing It's an amazing thing And you play rope it though You had no idea that your department and the Department of Education and The White House were colluding No idea whatsoever You read the thing and you just sign it No big deal No big deal And you never even stop to think for a minute and say wait a minute I can't sign this thing Who the hell would sign something like this You would pal you did
Rep. Steve Chabot Presses AG Merrick Garland on Alleged School Board 'Violence'
"Now let us continue with this hearing today at the House judiciary Everybody wants to talk about the January 6th committee That is a fraudulent committee Fill with never trumpers and American marxists I don't mind the Department of Justice going after violent rioters Why would I pose that I've never opposed that What I mine is the way people are being treated who weren't violent rioters and this rogue Nancy Pelosi Soviet style committee where everybody's made up their mind Now they're just throwing subpoenas everywhere and trying to jail people They don't like That's the world list Cheney wants for America I guess Now Steve chabot here he is also going back and forth with that Steve schopen with Merrick Garland cut 6 go So mister attorney general let me ask you this According to the Sarasota Herald tribune one example of a so called terrorist incident was apparent Nearly questioning whether school board members had earned their high school diplomas Now that might have been rude but does that seem like an act of domestic terrorism that you or your Justice Department ought to be investigating Absolutely not And I want to be clear that Justice Department supports and defends the First Amendment right of parents to complain as vociferously as they wish No no you don't Because the letter that you put out that memo that you put out was intended to chill speech It had no other purpose
House votes to hold former Trump adviser Steve Bannon in criminal contempt
"I'm a Donahue reporting the house voted to hold long time ally an aide to former president Donald Trump Steve Bannon in contempt of Congress for refusing to testify before the committee investigating the January capital rights committee member Wyoming Republican lays Cheney pointed out what Bannon said on a podcast the day before the riot he said all hell is going to break loose Cheney says it's clear Bannon must've been aware and may have been involved in the planning of what played out that day the American people deserve to hear his testimony Republicans like Indiana's Jim banks say this is a witch hunt he is a Democrat party boogeyman the
The Streisand Effect: When Censorship Backfires
"Where does Barbara streisand live or where she once live? I said, Charlie, what does that have to do with anything? Barbara streisand has a big house or had I don't know if she still lives there. And Barbra Streisand was very upset that a certain photographer who wanted to try and catalog the erosion of the California coastline happened to photograph Barbra Streisand's home. Barbra Streisand did everything she possibly could to try to remove this. Barbara streisand was very upset that anyone would dare photograph her home. So this was put on the Internet and Barbra Streisand found out that her house was photographed. She said this was a violation of privacy. Now mind you, this was literally just some environmentalists that was taking pictures of the coastline. So Barbra Streisand realized this and up until she decided to do something about it the image was downloaded 6 times. 6 people were interested in her home. But once she filed a lawsuit to try to prevent anyone from finding out where the house was, the picture became international news and was downloaded 420,000 times in the following month. The lawsuit was eventually dismissed because there really is no violation of privacy to photograph what you can see in a helicopter. This started something known as the streisand effect. It's a phenomenon that occurs when an attempt to hide, remove or censor information, has the unintended consequence of increasing awareness of that information. Often via the Internet. This is exactly what is happening right now with Merrick Garland and the national school board association. In an attempt to censor moms and dads to show up to the school board meeting, just like how Barbra Streisand wanted to censor her home from being on the Internet. We're only 6 people went and saw it. As a result of that and the national school board association and Merrick Garland going after, the grassroots push of parents that have started to care about what's happening to their kids education. We are now seeing more people talk about the national school board association story than ever before.
Merrick Garland Is the Current Hired Gun of the Craven Ruling Class
"Today, Merrick Garland is doing a hearing in front of the House judiciary committee. Merrick Garland is being asked certain questions that he doesn't even know the specifics of what he does his attorney general is exactly what bob Mueller did when he was the appointment, where they have these elderly kind of elderly old men that have had long resumes and careers, Merrick Garland being a federal judge, bob Mueller, think bubble around the FBI, and he's something like that. And then they use them as puppets and they manipulate them to wage domestic war on us. Merrick Garland, you have to understand what you're dealing with here. Is the current hired gun of the craven ruling class. Merrick Garland is the placeholder of all of the entrenched interests. Merrick Garland oversees the department that spied on Donald Trump illegally oversees the department that had Peter struck and Lisa page. James Comey, Merrick Garland is the placeholder unelected by the way no one showed up in huge numbers to go elect Merrick Garland to be able to write letters to say to the national school board to acknowledge the letter from the national school board association, say, you know what? We need to go use the FBI the Department of Justice to go after moms and dads that are showing up in big numbers to school board meetings. Now, Republicans are doing their job here by overseeing Merrick Garland. They're conducting oversight. And a lot of this is just words. But Merrick Garland is not used to being challenged like this. I listen to some of the hearing this morning and I could tell you this is a man who just like bob Mueller is only a placeholder and is being used and manipulated by other treacherous and other malevolent interests. To try to weaponize the federal government in the United States.
Former Georgia Rep. Doug Collins on Trump's Appeal and Biden's Weakness
"Book, Doug Collins is with us former Republican congressman from Georgia on the subject of Donald Trump. This week, a quinnipiac poll came out showing that Donald Trump actually is more popular with registered voters than Joe Biden. One mainstream media outlet said, shock poll. Trump 41% favorability. Biden 40%. The only thing shocking is that anybody thought it was shocking. Yeah, but what do you expect? I mean, this is the media who's been obsessed with this. I mean, they have been in really what I almost say is a catatonic sit almost, except they're not laying prone and abandon where they're out actually screaming all the time since he came down the escalator to start with. Now, whether you know, again, no matter where you came from or where you started, Donald Trump has a way of connecting with the American people that it is still very prevalent in the poll is not shocking. When you have a president such as Joe Biden. I mean, just look at the contrast. President Trump, like I said, no matter what side of the fan she failed on. And for those of us who supported him, he would get, he would engage with the media he would fight back. He would give you his answers whether you liked or not. Joe Biden comes up reads a 7 minute statement. If he's going to take questions while I can't talk to you, or most of the time, though, the picture of this administration is him turning around and walking off without ever answering a question. There's no wonder. By the way, when people go to the gas bombs and at three and $4 gas when they see their shells in their grocery store with nothing on them when they see all of this going on inflation rising and they keep hearing this kind of elitism coming out of this White House. I'm surprised Joe Biden, frankly, you know what the shock pole for me is that it's 40%. No kidding. Yeah, I would think it would be about
Don Lemon Flips Out on Democrats: 'Get It Together!'
"The Democrats are imploding. You don't believe me? Well, listen to a crazy radical leftist on CNN. Named Don lemon. Don incidentally, if you watch Tucker Carlson, you might think his name is Don LeMond because for some reason Tucker always says Don lemon, but it's non lemon. And he's a host on CNN. And he lost it last night at the Democrats. Abject failures, the Biden agenda is on the brink and people like Don lemon of CNN know it. Republicans and the former guy, most of the Republicans are in office right now. Are going around the country. And they are winning with a lie. They're able to get people on their side with a total lie and Democrats can't get people motivated with the truth that will help them. The truth that will set them free. So what is going on with you? Why are you so bad at politicking? Why are you so bad at politics, Democrats? When you had the winning message, when you have the Senate and you have the Congress and you have The White House and you can't win with a winning message, something is wrong. And it's not that the Republicans are doing this and that they're better at the messaging than you are. That's what it is. It's not the Republicans fault. It's your fault. You have your self to blame Democrats. Get it together. Uh oh, they're falling apart over at CNN. Oh, really, the left has the winning message. Let me do it Joe Biden whisper for the benefit of Don lemon. You don't have the winning message. Americans are seen through it.
"first house" Discussed on Biz Talk Radio
"You know that didn't look quite quite light. So you know we're going to have the foundation inspected. You know, the H V A. C, Which is the air conditioning and heating system is a big deal now and we we actually bring in a licensed hbh technician rather than just have a Texas home inspector inspect that because that's serious money if something goes wrong with it, so we have right specialist that comes in for that. You know, in Texas, you know, so a big deal, you know, and it's a big area insurance. So we have a company come in and inspect all of our roof. And, um and then we have the home inspector comes in and checks everything inside the house. All the you know appliances, etcetera. So it's It's facilitating, you know, 56 different contractors, you know, within a very short window there window you've only got what five or seven days to do that. Yeah, And it's getting shorter. You know, people, you know they don't want to give you any time to do it. But what can be done efficiently, But it takes a lot of coordination. So we just sounds. If having one person you know that has the contacts and you know, can get after it right after the contract gets signed, you know, is the best way to do it. Got it. Got it and those inspections. You know when you're getting those inspections you like you said, you've got to go back and read through them. Find out what the things are that you want to ask for what things? You can just let go, but that's a lot of time right there. Yeah, because you know the the buyer. You know, if you're representing the by or you know, they may never. They don't may not even know what these things are. They don't know if it's safety related for how much would that cost if I repaired it myself, So we provide all that back up. And so we helped by your prioritized What things are most important. What? What Things are, you know, must must be done within the next 12 months. And what are nice to have? So we We have actually assemble a strategy. You know, two requesting what repairs are needed. And what what aren't and so we help the buyer Get through all of that. You know, they just You know a lot of buyers. Even though this may not This may not be their first house that they buy. They may not totally understand. You know how important some things up. Right. And if they buy that house and things start going wrong They kind of need a note. Should I bought a home warranty? You know, you kind of have to do all that at the same time to protect their largest investment. So, yeah, I think so. Like you get a bother who's in their house for the first week and the air conditional result. And they don't know what to do. Who are they going to call called Realtor? It's not a good conversation when you say, Well, you know, we didn't get a home warranty to cover that, and that that repair is all on Your clients dime. You know, it's now even even in today's market, right? Even in today's market when things are going fast, and people are bidding some people I've heard don't even have inspections. And I think that would be a very scary thing to win a house without even knowing what you're winning. You know, the house is going to be probably that person's most expensive purchase in their lifetime. And to do that. I don't think you're putting your buyer's interests first. And it's something that I I I would not do. Mark, would you stay with us for the next segment? I got more questions for you. Is that okay? Yeah. You got to love it. Okay. Stay with us. This is Debbie and Mark Nolan. Uh, that dollar diva. More with real estate in just a moment. Do you want financial freedom? Do you dream of finding a way to help people reach a point where money is never an issue in your life..
"first house" Discussed on Denver Real Estate Investing Podcast
"You're <hes> making two hundred dollars less But you'll have all the vacancy. Yeah so that that was a huge lesson for me. Because i'm always somebody wants to optimize and be most efficient and that's great but go for eighty five percent. Just get it done. Get it moving and you can definitely go out to tape. Put the written test it out there of forty hours. You're not getting the you know up. Great drop the rent like get aggressive. I her and i think on tenant screening especially if they're gonna be tenants that you're living next to be strict and don't don't sell your requirement short just to get someone in there asap. We probably had seventy five inquiries on this place. And how many property towards do this sort of like prime kovic time so we. I was doing some facetime walkers basically said if you're interested i'll do a quick based on walk through with you so i guess my process was initial phone. Call ask him what was the screening questions. Basically who's gonna be living there. You know what's your work situation like. Do you smoke pets. And then we do facetime walk through and everything look good great. Get you scheduled. So i think we did three or four actual tours one that i was a single older woman and seemed like a great fit but then she didn't end up coming through and So we ended up with a great setup it's <hes> you know a small family That has been. They've been awesome so open a honestly keep him in there and what software. Jeez to screen them. We used Zillow rental manager mckay and advertising facebook marketplaces where both are tenants and tenant end up coming from for this place in our condo also did craigslist which was kind of a more of a mixed bag and then also did Zillow paid Listening okay so that was the software used and you're gonna use that same software process again for yeah for now. Yeah they were good enough three worked well and the only thing i will say is we use for the condo use zillow rental manager to collect rent which is automated which is great but does take about five days. Hit your account whereas if you do it through paypal which by the tenant does we get in about two days and got up that matters to you. That's something. I've noticed all right so great property here. What's the future plan. do you know we are. What your six months one year rule. What's the next step with the plan. So plan right now is to keep saving up for the next down payment. We'd like to try and get a place by next spring similar setup in the what we looked the west side denver. We'll see what inventories look like. And what pricings like at that point but do one more denver and then we'd like to eventually move mountains. Get more space. Landon probably still have something that has a guest house or eighty you type setup and then you know folks buying strictly mess properties most likely from day so sounds a great plan. So what a great way for people to connect with you. The the follow. You'd connect with you learn about you. How can people connect with you. Eric yeah absolutely am. I got a email and phone number in the in the show notes. I'm happy to chat. And just you know. Meet up for coffee or a beer and talk real estate or whatever else you got going on and then i'm also doing Some stuff through Side project Step-by-step bnb dot com as well the and that's something we're actually so. I mean you know right now recording the interview about your house act and take a break and actually interview with your partner on there jake and do a full in the podcast on airbnb in the mountains and also talk about the process that you guys have put together. Which is what you're documented. Put together on that website right. Yeah absolutely so definitely connected them gathering airbnb. Let's podcast you got the website. Because they are good resources. Eric thanks so much man. Chris appreciate a beer.
"first house" Discussed on Denver Real Estate Investing Podcast
"Eleven thousand dollars total credits so what use your credits towards. So our credits We used to we maximize as much as we could towards Some of the closing costs and then we also had to utilize Just over four grand towards buying in straight down yep and that ended up getting us down to two point six two five percent. Wow all right so thirty year fixed and he did a five percent percents out so bothered down in your at two point. Six two five all right so all in so four ninety three thousand dollar purchase price about nine thousand dollars. Acquisition costs nine thousand dollars credits. Twenty six thousand dollars repair costs all in for about fifty two thousand dollars the first year now closing. You're not bringing that closing you're probably all in for about twenty five grand or so But then with the initial repair costs that another twenty five grand on top of it right. Yeah and see budget. If that you plan for you got a great rate at two point. Six five right now. So you'll keep that for awhile and then while you're living there are you living in the top or bottom unit so we are living in the upstairs Unit currently and got downstairs rented allies downstairs rent for its rented for sixteen hundred a month. Plus one seventy five and utilities. Okay rubs so seventeen. Twenty five for everything. I seventeen seventy five seventy five alright. So we're not right this right now while you're living bear we'll see three percent vacancy property management. You're not paying for that repairs and maintenance. We got this repair costs the first year. What do you put repairs and maintenance that so i've got eight percent Mostly because i sort of agree with your approach of conservative underwriting and if it's better that's bonus We do have almost all the major systems. Now replace other than the water heater. We've got the new. We've got new back. We've got new roof. We've got new go panel and news relying so yeah you should have minimal. Costs knock on wood for first couple of years. But at some point you do have to pay the piper. So no hoa your taxes about twenty seven bucks a year insurance thirteen seventy five and then utilities right about three fifty a month a month all in okay. So three fifty three fifty times twelve. Daniel's about forty turn bucks here and that includes all these abilities right includes internet as well okay and then. Landscaping is through five hundred in my model. We're doing it ourselves currently and were most likely going to ask tenants to continue doing themselves. We'll see how it looks after we've been gone for year but it's a rental until so we got numbers in here as while you and you've gone sale.
"first house" Discussed on The Money Guy Show
"I'm trying to ryan sell his tesla. I don't know let it goes on the financial mutant. Part of me is like okay. You get to buy a new car for less than market trying to ryan sell his tesla. I don't know let it goes on the financial mutant. Part of me is like okay. You get to buy a new car for less than market value is to sell your car for because what's going on with with used cars i. I don't know what to do. But i love this car and driver drive all cars for ten years my last one. For twelve years that lexi s. Three fifty that my bow drove it and then now my daughter drives it. I mean this thing's made it circuit dangling nate. Have this thing and i am. I am troubled because the financial meeting. Sodomy wants to take advantage of this weird financial situation. I mean is this. this is truly an arbitrage situation. Sorry to clarify so the model. Y if you were to get it would you get in blackburn. Read well so they wrote me back and they said yeah you could change it to read but you pay what the price is today but if you keep it in black you reserved. We're going to honor the price reserved in black. So the financial mutant way would be buying a black model. Why and you will lose your cool red. Yeah but that's the black looks cool too though but i was just clarifying so people knew so the thing is very you know i feel like to to make this bother me more because we have this huge audience. If you're in the market for the previous person they us tesla. Yeah i got. I got the hood. Wraps i got the. I'm a sixteen year old at heart. So i got the tinted windows. I mean accessorize this thing to an inch of its life just like all good. Sixteen year olds. Who could by tesla would do. I don't know what to do. So i'd love to get the input of all my financial mutants. We'll we'll see what happens. Yeah it'll be interesting. Well if done all of our questions. Brian well let this out. If you hung. Threw me opining about tesla's goodness gracious truly financial mutant and part of the money got family. 'cause i just i felt like we were just having coffee with brian and really there for a second. Because i don't know if you've got a lot of financial mutant benefit out of that but we do love creating content for you. This is so much fun that you come in. Let's talk to every week. And if you haven't subscribe on youtube ring the bell so you even find because we do all kinds of livestream we do. We've now expanded into not only this educational format with qna with fulling chose but we're starting to create react shows. You guys have asked for more. We're creating more and we're going to keep dabbling and more and more things guys. We love the fact that you're part of this process so go check out our resources at money. Got dot com slash resources. Were loading up with tons of free stuff consider subscribing and i just want to give you a big thank you. I'm your host. Mr brian preston with special guest star review today Were loading up with tons of free stuff consider subscribing and i just want to give you a big thank you. I'm your host. Mr brian preston with special guest star review today and we'll keep on creating content. And you guys just keep hanging out with us. We'll talk to you soon. Money got team out the money.
"first house" Discussed on The Money Guy Show
"How's your tesla you in brian. So this question why these ups 'cause y'all know i have been a walk around the halls here and i'm like i don't know what to do because this whole used car. Things created a dilemma. Tesla jhelum for me. And if you're a fan for any amount of time you know. Brian loves his tesla. We did like whole video series on it back when he first got it. So it's been like a big thing for you and for the channel. Honestly so until this week nate the greats tick-tock video has overtaken the tesla's but they've been some of our best performing content. Because i was so excited. When i got my tesla model i got one of the early ones i just. I felt like it need videos. Because he was just mind. Boggling how awesome these cars were well now fast forward. So the goodwill with tesla expanded the point that about three years ago whenever they had the launch of the model. Why the unveiling the night that they did that. I put down twenty five hundred dollars. I said you know what i want the option to buy a model wa. But i haven't done anything with it. Because i love my model three so much Midlife read i called midlife crisis. Red and the fact that even though you know not planning on changing out wives or anything like that. But i did buy red car because i was like what else in my life. Go by a red car and that red version of the model three is the best lead conversion and then i got the referral rims on there. So it's looking it's looking. I'll probably look ridiculous as a forty seven year old school. but but. here's the dilemma. Comes in tesla's been Grassings not the word. They've been nudging me know. Hey you got this car on reserve we keep telling you you're ready to pick up a car model wa you need. You need to fulfil this thing in by this model wa and just keep ignoring them so then they send me an email say you must reply to this email so i reach out now start trading email and i said well i still might be interested. I need some points of clarification. Like when i'm on the website it seems to me that you are selling me a model wa for the price. I reserved it at three years ago. Is that true. And then i asked well. Hey i'm kind of loving this red color that i have now. I reserve the model y and black. What what what does that do to it. And then hey what we all give me on my in of my model three so they have this handy dandy little website that they send you to value the trade in. It's great but the problem is the tesla right now as weird distortion where even though full. Self-driving the option full. Self-driving Is a ten thousand dollar option with tesla. If you've bought that option and then you go to trade it in with tesla they give you zero value on that talking about kicking the gut again. Basically right well they charge you on the new car. But they don't give you any value on your existing car even on the trade end so that creates a weird dilemma. That you you shouldn't trade in your tesla because that you especially if you have full. Self-driving the option. Because if you as far as i understand it now this seems like it's evolving but if you sell it to a private party there is value transfers because they get to when you do private party. They continue on with your full self-driving because it's a person to person transaction so that creates a weird dilemma in with the real estate market. I mean the car marketplace going up cars worth a lot of money and then. I got tesla telomeres by this model wa. That will sell you for seven thousand dollars less than we new and would cost right now because we're locking in the price from three years ago. I don't know what i should do..
"first house" Discussed on The Money Guy Show
"Money. I'm talking about hundreds of thousands of dollars if not millions of dollars. That's what it's a little different in the fact that you're like. Wow what if what. If when i buy into this. It's right before we hit. You know that systematic risk problem where we hit a bear market. That's crushing that. You know. Because i'd be disgusted if i if i got a million dollar payment and then i'll put it right in the market and then it loses. What if this was march of twenty twenty and it lost thirty five percent more money. Yeah you'd probably feel little disgusted and you'd probably be one of those people that sells out at the worst time and then you sit on the sidelines. Waiting to get back in the kick yourself or vazquez says a lot of behavioral stuff. That goes into this question too. So that's why. I always recommend on somebody who comes into life-changing windfall money or big lump sums of money Spread over ten months. A lot of the the research shows as long as you don't go over ten months ten to twelve months i'll stretch of a little further if it's a large large large money but most people ten months is plenty It allows you to get past all the emotional stuff. It allows you to avoid Some of the things that you're worried about with timing of the market And what i like about it. Is that if you do. The ten months tragedy. It doesn't it doesn't dean you too much on performance because think about it you just ten months. It gets you over those those hurdles. But i would also like is it can be dynamic. What if you do this process and then what if you are. The fortunate sounds weird to say fortunate. But what if you came into this lump sum of money and late january early february of twenty twenty. And you know you meet with somebody like us and we say. Hey we're gonna dollar cost. Averages million dollars over the next ten months market goes down thirty five percent after you buy your first investment. You're like whoa man. We just dodged a bullet. And i'm gonna say it's better than that. You're your call me about brian. Thank goodness we did this. Hour cost averaging because i avoid a bull and i said it gets better because you know what we're gonna do now that we know we're in once she crossover bear market territory main. The market lost twenty percent. Why not turn this into a dynamic dollar cost. Averaging were you accelerate your purchases into a falling market. Because that's going to allow you to turn this into an opportunity. You just turned a strategy that we know twenty percent of the time. It's only a win. Twenty percent of the time because markets make money eighty percent. But what if you could get an incredible premium by accelerating your dollar cost. Averaging into a volatile market it works guys. And that's something that i've seen it. And i just love that so you check the lot of boxes you you check the box on the emotional stuff so that you don't have to try to figure out the best month or day to buy you just go create a system to do it. And then you've got a great backup plan that things do get sideways. You what we can accelerate this dollar cost averaging so you get the best of all situations that come your way. Yeah that's great art. We have a question from steven. He says question. How do i convince my spouse to work with a financial planner when we are successful in the three buckets mutants savings rate and have pensions and health benefits benefits when retiring. So it sounds like there's a bit of a disagreement. Going on. Stephen would like a financial planner. Would like to explore that. His wife made me not so much. So here's some stephen. I deal with this. All the time is an i. It's a compliment to you when you deal with spouses. And it's not uncommon in an. I've quick trying to guess who is just let them to just tell me who the spouses because sometimes like we had somebody in the office yesterday and he has. My wife has the finance degree but she put me in charge of this. So that when you can't get an and sometimes i've dealt with doctors and s. a. Yeah i'm i make the money. But i talk to my spouse over here they you know so. You don't know who's in charge but somebody more than likely out of the two spouses is going to be the person that's wearing the green hat as the financial person in the household and as a compliment. I deal with this constantly with all do-it-yourselfer financial mutants who have done such a great job. You build this awesome value. And you're you're you're now the the ceo of a seven figure enterprise with your investment portfolio. That your spouse's like you know. You're superman or superwoman. You've done an incredible job of managing this. And then when you throw out the idea had like to hire somebody what why would we pay fees. You're so good at this. Let's just we could. We could do something else with that money. I deal with this constantly and always compliment when when this because usually the the financial mutant that reaches out to us and says hey. I think i need help. I don't know where my blind spots are. I'm trying to figure out how navigate this and then the bigger concern is there. Like i'm worried when if i passed away or bust took me out on a tuesday afternoon. I don't want my my spouse to get ripped off all these financial sharks that are out there. I know you guys where your philosophies are in alonzo on. So here's what always kind of approach this with. The financial me is that you need to share with your spouse why you're considering this like. What is there an insecurity. Is there a fear that if you left tomorrow the that maybe the pieces would be harder to put back together. Then then then your spouse's recognizing and just expressed that express the what what's going on and express from a value proposition..
"first house" Discussed on The Money Guy Show
"Because that's what's going to build that great big beautiful tomorrow and it is once once you reach that twenty. Five percent mark mark mark. You know it's kind of funny twenty five percent mark mark you get to step seven which is hyper accumulation. That's where i want you to start building up some of those after-tax assets because that's going to be your opportunity money. I mean if you if you set up a br you have taxable money meaning after tax you have tax deferred as well as tax free. Which are your roth assets. You're going to be able to take advantage of whatever comes your way because what i like about when you get to step seven. That leads into step. Eight is that we knew. Or hyper accumulating You kind of get to get creative property like we've had several questions asked that you can get into commercial investing like we've done with buying a building down the street to put the business in You can't do that stuff unless you have a good found angel foundation underneath you first. And that's what we're trying to get you to respect. I know there's so much pressure out there. The trotta to to skip step so that you can you know build wealth as quickly as possible but sometimes when you skip steps it can work out if everything lawns up perfectly and there's but realize in. That's why i always talk about the skinny dipping when the tide goes out that warren buffett mentions is because when things get ugly. I don't want it to be devastating to you. So that's why we try to be very respectful. And how do you create wealth but also not hang yourself out there in a way that you jeopardize the ability to have one bad decision just totally blow up your financial life right. Great okay zach on.
"first house" Discussed on The Money Guy Show
"And then the third option after they start having earned. Income is that custodial roth account all right. We have another house question. We're talking about housing today. So we have a few of those. This is marcus. He says what's the best way to calculate the amount of house you can afford. Assuming i'll get a thirty year mortgage with around three to five percent. Down should the estimated monthly payment similar. To what i pay for rent. Should it be less. How do i know him on the right track now. Look i'm gonna give you the answer. Pre twenty twenty one. And it's still. It's still the answer. But i'm giving you your grace and flexibility okay. And the fact that that twenty five percent should include utilities insurance and taxes. I mean those are the basics. Get you in the house. They should not surprise percent of your gross gross. Your your your principal interests taxes insurance and outta love feed to even include utilities. But i'm also like we're in a weird time you know that we've done several shows now on. What do you do when you live in a city. That is just running from you with the value of housing. I mean even on the content team here. poor nate and danielle. We talk about this. All the time is that they feel like that they in the situation where the housing market is just gone bananas on them. And i think that's a reality and a lot of you that live in coastal communities. You're like man this twenty five percent you guys. You have to get off of that. But i'm telling you there are parts of the country especially where. I'm from georgia that you could totally pull this off in. And that's the reason. I want you to be focused on keeping the housing costs lows because the sooner you keep your housing costs and get them. Under control the quicker you can on wealth-building about automatically investing coming back to those people live in holocaust of areas. I will give you the graced. Understand that utilities. And maybe the insurance those things go push you outside of the twenty five percent but it it is not a freedom thing. Where like wow. That's great that. Brian has now lowered. His twenty. five percent of my gross income needs to go towards investments. Know it just. It puts more pressure on you. You've gotta go find somewhere else in your anger lifestyle to squeeze that money out of i mean because if you live in a community that's gonna cause you know cause you to spend thirty to thirty five percent just to have housing to try to get to twenty to twenty five percent towards investments also plus taxes. The it's it's gonna be hard. Yeah twenty five percent keeps you fairly comfortable and a lot of like typical average home-buying but it's supposed to be hard because i want to challenge people you know. I didn't have basically have had a roommate since college. I mean because think about. I went from college where i had roommates at all around me to living in atlanta with two other roommates we. We had a townhouse that we're renting to then i got married. That's a roommate. By the way i saw. I i never lived on my own if you think about that. In everybody in those situations was paying rent or a portion of the mortgage all through that process. So if you find that that this is just not. mathematically working. Alfie trotted. Get creative with that. See the roommate and then we had a question earlier today about house hacking where they bought a duplex that allowed them to collect rent. You know in addition to offset their expenses. That's kind of what i'm challenging you to do. Is use these guidelines motivate you to figure out how in the world cannot let housing which is one of the biggest expenses we all pay not derailed ability creating wealth by by creating investments and. I didn't want to hear this at the time but like people move to suburbs for a reason you know like the twenty five percent of my gross income number really helped me assess where and what we could actually afford and you know like help me be honest so don't push too far beyond that Stay honest with yourself. i'd say okay. We've got a question from mark. He says if i am maxing out my roth contributions and getting my match through my employer. What's your my next investment direction. Be i have a feeling you have a great answer for this. Yeah i mean it sounds like look. This is why we have a system. I think so. Many people are trying to figure out what to do with their next hour. It you wanna make sure you you know you know how to manage your armed our bills. That's why we've kind of created this whole step by step. Guide is because. I want you to know that this works. I mean it takes advantage of tax laws. Take advantage of keeping your financial life out of the ditch. This is why we put a lot of thought into this. So what mark described was. He's got his employer match. I'm going to hope that he's also got you know. No credit card debt share also got taken advantage of having a good emergency reserves. Deductibles covered consider cash at four. And then roth. He says he's maxed out stuff. Five that's your. Hsa's in your that's your tax free growth assets. So after you get to that. Now we're getting to step six which is maximum retirement. Barilla's step six. It hasn't asterik next to it. It doesn't here but in my mind. It does in the fact that i want you to try to get to twenty five percent of your savings of your gross income. Going towards long term savings and investing..
"first house" Discussed on The Money Guy Show
"Do five twenty. nine verses. Go to a custodial type investment account. Because that's that's the step to on here is that i'll love custodial accounts i think i've shared with you as a number times as i have two daughters and when my first daughter was born so worried when i had my daughter weddings. I know these things are gonna be so expensive. So i'm going to start doing one hundred dollars a month you know from the time they're born in that turned into two hundred dollars at some point but i am shocked because has oldest is seventeen years old. I am shocked at how big that account has grown. Just off of one hundred. The turned into two hundred dollars a month for her entire life. It's actually a chunk of money. So i think david is on the right path here so i think you do the five twenty nine step. But you also. Can't consider the custodial accounts. But i wanna give a word of caution these custodial accounts i think we all get excited because we have a deliverable showing what you could invest to become a millionaire at age. Sixty five. it's such a small amount of money that a lot of you financial mutants have heard it and go. I'm going to go open an account for my one or two year old. And i think that's that's very noble. That's great but let me go and give you the the the disclaimer word of caution. Your child is going to reach. Adulthood and custodial accounts become their money at age of majority in each state is a little different. Some states as eighteen states is twenty one the but the age of majority that account becomes officially. There's and they can do whatever they won't look you can you can get online You know and try to say look you know you don't want to get into this money without us kind of being part of the process but just know that it is their money. Because here's what happens even for good kids They want to buy their first house. They start dating. Somebody needn't it by an engagement ring or pay for a honeymoon. They're going to see that pot of money that sitting there that's juicy. I know that dad had visions of this turning into her. Mom had visions of this turning into my retirement at sixty five. But you know what. I need right now. I need a house. I need a car i need. You know what. Fill in the blank with whatever's going on in your child's life. Just go ahead and prepare yourself that that might happen. You might be somewhat disappointed with how they use it but it still could potentially be a tremendous head start. I mean i bought my wife's engagement ring partially with a wife insurance policy. My parents had bought on me as a baby and it had like a thousand dollar cash value on it at the time. So i i that out as part of the down payment on my wife's engagement ring so even financial meetings like myself will will see that pot of money and think. Hey what can i do with that. Because let's face it when you're young you're broke you money That's gonna fall into consideration now. The really exciting thing. David is when your child actually start having any type of earned income that roth. Ira but you have to have earned income so those those are the three pots. We've got the five twenty nuns. They're going to be very valuable for it. Doesn't that to just be college. It can also be k. through twelve it. can you know private. schools can be Also it can be trade schools if they don't even go to college and realize you always get access to that money if they get scholarships or or anything like that you can still have to pay income tax on it at that point. It won't be tax free since it wasn't used for educational but you'll avoid the penalty of that money was used. You know if the kids get scholarships but after you go from five twenty nine you can look at. Just a basic generalize custodial account You know it's typically ugma or utma depending on which state you live in..
"first house" Discussed on The Money Guy Show
"Your gross income in retirement savings for the future and that leads to step seven which hyper accumulation. Which is the point that you're doing after-tax you're thinking about your three buckets your after tax tax deferred and your tax free. I would encourage him look a percent half. i mean. we're probably not talking about a ton. So i would you know you're probably could use a little additional liquidity for the rental property anyway so go ahead and open up a brokerage account or something to start putting that percent and a half into to build the liquidity. But then you're right there. You're at the cost. Go head and move into step eight build up the down payment for that rental property and jump into it but i am going to challenge you to try to find that that additional one point five three percents that you can put into an after tax savings account because that liquidity will also serve you very well as you become a successful real estate investor. Good answer answer. All right david from youtube he asked. My wife is due in august. First of all congrats. What would you suggest for an investment account aside from five twenty nine. He said like his his new to have an investment account that she can use for school or however she would like so. Is there a good option. For that scenario. I would. I take inventory versus Will say david. Congratulations like really said. And i love. The baby will be here in a in a month in. You're already thinking about how we can create the next generation of financial mutants. I attacks inventory you know. Do you live in a state. That's going to give you a big tax deduction on your return if you make five twenty nine deductions. That's going to be very valuable to you so that that's allow you to prioritize..
"first house" Discussed on The Money Guy Show
"We got the money guy here. So let's do this all right. We do have a real estate question from benjamin on he said is buying a duplex as a first home. A good idea with renting or airbnb on the other side of the duplex Is there anything. I should watch out for now. This is something. I'm seeing this as a trend. Like on tape talking to things calling it house hacking and it is kind of a genius idea in some ways but are there any considerations he needs to think about beforehand but actually love this idea. Now i want to tell you is the only thing you need to consider is look at where the 'cause you hear it on real estate all the time location location location so sometimes duplexes. I just know in a lot of communities where you get into multifamily homes and stuff. It's not look. I'm basing this off of where. I was in georgia georgian things. I'm just giving you. The the considerations is that you need to look at. You need to think big picture. Is that where. I'm buying my house. What's the what's the purpose is in my living here as a single person or is a newly married person and this is all i have to think about is financially. Does this make sense because having somebody pay half of your mortgage potentially through or even more than half of your mortgage by renting from you is very exciting. But i want you to think about if you don't buy houses unless you can be there for five to seven years and at that five to seven years you think you're going to get married and start having kids. You need to start thinking about. Hey is this going to be in the area. Where i want the i. My kids can go to school. And if there's good schools in the area that might now look you have the potential. You could turn this into an investment property. Fool you after. You've lived there for years. But i'm just saying i love the concept but make sure you're taking and writing down on paper or creating a plan for what will happen in this five to seven year period that i have to commit to To buy this and does it work financially. I love because it's great. I mean we're doing the same thing with. We bought a building for the business recently. And i love the fact that we're going to now be paying rent to ourselves and when you house hack you of do the exact same thing you're paying yourself rent but you also have rent coming in from your tenants. I know people. You don't have to stop it duplexes. You can have trump. Flexes quite lex. We have cons. have it all It's a great thing because you know depreciation and other things help you on your taxes but just make sure you still are respectful of where this falls into the financial order of operations. You not going too far out on the leverage sada things without having enough liquidity to get you through those dry periods but if you're living in the property and it's well within your budget this is a great way to essentially get your your living. You're you know one of the most expensive things that pulls out of your wallet to be as cheap as possible so if you're okay with being a landlord and it aligns with your long term goals like it's not a bad idea if that works for you all right here. You said something about where this fits and financial order of operations. Mary asked specifically where in. Can i have a rental properties. Let's get specific about where it fits into the financial order of operations and she said shy. Sell my rental property now and follow the flu or keep it for rental income so it does she already has one but let's go ahead and answer where it falls and then kind of how she should handle it. Yeah so ask her questions on. Make sure because. I know where to talk about food but i want to ask her question one more time. She said giardi got a rental house but she said should i sell my rental property now so that she can go back and make sure she falls all do or hang onto it and keep the rental income..
"first house" Discussed on The Money Guy Show
"We travel a lot to see family. We do the gift exchange things. We paused a lot of our automated. Like roth contribution. I know this is like the financial mutant money guys show but we did. We pause it for a couple months. We sat down and we said. Are we comfortable pausing this because we know that we're just about to be hit with more expensive and more spending opportunities like we ever have as a couple you know and so we we went ahead and positive and i don't regret it just because it was kind of necessary to because it was crazy like you don't expect to be spending so much stuff but then like i said january came and we were like. Oh shoot we've got to get this back on track and we really did have to be intentional about sitting back down okay. How much are we investing. Now that are outputs different like turn all the automation back on. Like make sure our wealth building was still on track. Because even though i was comfortable positive for a couple of months like i don't wanna waste anymore time especially being in my late twenties and still having compounding interest on my side so that was our experience. So here's something. I wanna challenge everybody watching everything you described. I know i've personally gone through to is that. It's not uncommon. We have big life. Changes in house is definitely a big life. Change that you'll take short-term actions to try to you know plan for prepare and even save. I don't want you to lose sight of what. The long-term vision is an. Here's a visual to think about. I went to the gym yesterday. I don't like working out. I'm not like bo. Po loves working out. I work out to stay above ground. And it's one of those things in there was an exercise routine called Catch me if you can where you're running on the treadmill and they keep calling out intervals in that are going up if you haven't reached that level and the time they take you out we'll life in some ways is somewhat meaning. There's a clock ticking. In the background you're trying to reach a level of assets to your financial independence goal. By the time you reach that age so you are running from it and it's okay wing. You're in a race to take a break to grab water to catch your breath but you better start running as fast as you possibly can or you will get caught. And that's the way. Financial wealth building is too so i like hearing the fact that you you and your husband were very deliberate about. Hey we need to start this process because more than likely your emergency reserves are not going to be where they're supposed to after you go through purchase like this because you're gonna squeeze at all angles to make it happen your automated investment plans. You just said it get paused so you need to make sure you unpopular does as fast as possible and then even there's bigger considerations like should you have life insurance and so forth and that's that's probably a whole 'nother show topic but i wanna give one other word of caution. I've gotten a little more age on me. I'm not old but i missed some roth. Contributions In the nineties early two thousands is our starting my first company. Figured it out and you know there's a book that we're working on behind the scenes and this is one of the chapters. I i covered was kind of opportunity. Cost as i figured it out that i missed out on a total of ten thousand dollars i could've put into roth. Ira's in the early two thousands and what that the opportunity cost left on the table from those years. Now look i started a company. There's other things going on that even a financial myself. I had to make a determination. And i'm happy with my choices but after phil like could i have squeezed a little bit more to get that fourteen hundred dollars in this year to get two thousand here right. I and the book the that will be covering at some point Guys i actually give you the numbers of what that money could become. And it's and it's tremendous if you if you look at what has happened in the twenty years since that period so i just want to caution..
"first house" Discussed on Thrivetime Show | Business School without the BS
"Or or kind of bonus. From when i was on ryan's hope back. Abc back in new york. I said well. Jeez what do i do that. So i thought you know what i'm going to buy the house next door to my grandmom and i'm going to make it look nicer because we didn't really have terms for flipping and they it wasn't as defined as it is today. I'm just gonna buy nasdaq sorta my grandmoms and maybe convert it from a two bedroom. Two feet three bedroom and kind of spruce it up a little bit and see what i could do so i did that while i was still working in new york. I would commute. Back in back down to collingswood new jersey. And i did that and i ended up making more money doing that than i had done. In the whole quarter being on television so i thought wait a minute. Maybe i'm onto something. So the entire time. I've been doing everything from broadway to film to television to now i'm actually producing television shows I have always been doing real estate on the side. You know this is one thing. That's kind of funny. This is how a you and i got to meet each other here today. Is i pride myself on reading a lot of books. I hold myself accountable to a book quota and so i'm always wanted to read a certain number of books. Okay so my ideal was a young man. I grew up impossibly poor and i thought to myself. I've got to read at least one book a week. Britain by somebody. Who's more successful than i am. So i go into barnes and noble and. I'm looking for the book of the week. The book the week. I go in there and perusing it around wandering around with no discernable particular. You know thing. I'm looking for and i find your book find it flicks a fix it flip. It make millions in real estate one house at a time in today's market and i opened up the book and there was so much detail in it. I mean your book is a true idiots guy. that's why i bought it. Because i'm an idiot. Bought the book. And i wanted to know how you can you talk to me. What was your inspiration for writing this book. It is so good. You know the i did write it. I hate to say it as an idiot skype. But i basically wrote it as to explain sort of the nuts and bolts. It was just when when there were a lot of television shows starting up about flipping and this old house and all that sort of thing. And there were a lot of misconceptions about flipping what that meant and there were a lot of people coming forward at that time with that Make make a million dollars. No you don't need money you don't need this you know i was thinking a lot of people get a lot of trouble and this was before the book was written before the big crash. True and if you notice In all the principles that i talked about in the book. If you follow those principles you would have done fine during the real estate downturn It was because i wrote it. Because i knew that what works for me and i literally chronicled exactly how i address properties in how i analyze them. I'm very Conservative you are. And i also kind of wanted to be an advocate for the consumer as opposed to being real estate agent. That's you know by buy sell sell. Sell mine's very much. Only do it if it makes sense and you have to you know. And it's and i mean sense like e. n. t. s. so that it actually makes you money and you also have to come up with some sort of a formula to figure out ahead of time if the property is gonna make you money or not rather than just blindly jumping in and hoping you can pull it off and hoping you can make a profit you wanna prepare yourself against. Every worst case scenario you know what i noticed. Always done it. This in our interview will be kind of non-linear but this is something that happen in your book you talk about you you need to put twenty percent down. You put twenty percent down. And so i was working with a company called fears. And clark i'm clark he was fierce and i was helping him grow his company. And i'm reading your book and one of the things you want to put twenty percent down and you want to look for. You wanna do your formula. You have a formula in your book or you calculate it. Am i gonna make money. You can figure out whether you're gonna you're gonna make money or not before you even by it and so right. I heard of a pastor in town who unfortunately had to leave the church due to some poor life choices and there were selling this parsonage and it was in a neighborhood where the average house in tulsa was worth two hundred and fifty thousand and if you can believe it or not michael. This house was on sale for seventy thousand dollars while so. I go through your checklist of all the things you know the deal breakers you know if it has moulder at has in. Your book is very specific. Your listing off all the things. You don't buy a house if this is wrong with it but do buy a house if this is wrong with it and i'm just growing through and i'm like this house is in a good fit. This house is in a good fit and mike. I'd probably gone through twenty houses. And i'm thinking this guy michael. This guy is not only a great actor but he's making it impossible list of things. There's no houses that fit this criteria. And then i found a house it was like a miracle. I found a house that fit that criteria. We bought the thing for seventy thousand dollars approximately. I did the math using your your formula before buying it and all in. I figured we can't possibly spend more than sixty thousand renovating it. We've got twenty percent down. Let's do the move and michael. We came out of there even though everything went wrong with every contractor we still made.
"first house" Discussed on WMAL 630AM
"Be the first house that sells for a great price. All other homes in the neighborhood. Just sit there with the forced sale. Sign out front week after week. How do you make that happen? Let's find out by talking to a pro. Joining us. This engine it a J. Fry Real tour in owner of RC F Properties in Dayton, Ohio. A J is the 2019 president. Of the Ohio Realtor. Yours A. J. Welcome to real estate today. Well, thank you for having me on We're delighted You're here. So a J. If you wanted to sell your own home for the maximum profit in the minimum time, What would be your very first move? My very first move if I'm gonna sell my own home To maximize my profit is to clean out all of the junk that I have laying around in my interior of my car. I'm going to take down some of my pictures and I'm gonna box up something and move them to a storage unit or wherever I'm going because I want to show the most based on the interior of my home. The next thing I'm going to do is I'm gonna engaged with my MLS my multiple listing terrorism. I'm going to figure out what the market is bearing in my neighborhood. I'm going to do a map overlay and I'm going to look at What other homes in my area comparable to my layout in different have sold four square footage wise, and I'm going to compare their attributes to my home's attributes whether I've updated kitchen or if I've finished a basement, So those are the things I'm going to look at first. Well, those would be your competition, and I imagine that having done that process. You come away with a pretty good ball park of what your correct market price should be Ideo. We have lots of tools available to us this realtors. One of those is a tool called RPR Realtor property resource and were able to gauge a lot of that by adding in and subtracting if we have recently done and remodeled kitchens and bathrooms, So you've talked about pricing your home correctly. You've also talked about going through the place and making it beautiful. How about the overall condition of the house? How important is that when you have a buyer walking in the front door The first impression is everything so, for example, if you walk into a home That looks like it has a pretty decent sized layout that has a lot of furniture that cluttered Most buyers can't see through that. But if you walk into a home that has appropriate furnishings not too cluttered. They're going to remember that interesting. What about restrictions on showing times I've heard from many realtor oars that that's not really a great idea because People want to look at your house when they want to look at your house. What do you think? Listen, if I'm gonna sell my home, and I tell this to all of my clients, you should be prepared. To be able to show your home at any given time because you don't want to miss out on an opportunity. So on Christmas Eve that somebody wants to come over and be your home for half an hour, 45 minutes and you're serious about selling You're going to invite them in. Has that happened to you? It has happened to me. Awesome. I've also had foreign investors that are on a different time zone, and they like to see properties. When they're adjusted to their time clock, So they're coming from another country and their six hour time difference. They're not operating in our same time zone when they get here because their body clock is off. So we show properties when they're most apt to be wide away. That is so interesting because you're making it a very welcoming experience for the potential buyers. Absolutely. You need to do this because this is the biggest one time investment that they're going to make in their whole life. And you want this to be an enjoyable experience if their jet lag or they're very tired. You're not going to get the best perspective from that client on that day. Interesting. Now here's a question for you. A J. What about the good old Open house in a digital era. Is that antiquated or is it still effective? An open house Very effective. Here's why in the digital technology age pictures Could be skewed different angles that aren't correctly representative of what the buyers I or view is when they enter a property. I can take a picture from a corner like that room seem much bigger. But when a buyer walks in that room, they're gonna have their real perspective of what that home feels like. They're going to see the walls. They're going to look at the lighting and you can't get all of that from a video or a picture that is wonderful. And Jeanette that cover sellers. I was wondering if you could join us in the next hour of real estate today, and we'll talk about secrets of buying. How about that? That is wonderful. I'm happy to do that. Thanks very much. We'll talk to you. Then Engine ET a J. Fry Real tour and owner of RC F Properties in Dayton, Ohio, and The 2019 president of the Ohio Real Tours coming up on realestate today, when you apply for a mortgage, how much negotiation can you really do? While nothing is set in stone. You know, when you're out in the market place, you need to go out and shop around for these.
"first house" Discussed on KSFO-AM
"Dream house this is your first house and trust me you will meet somebody and get married later the closer you out that house you wanted what writing away so you want to slow down what do you want to go into with your eyes wide open I'm proud of you young man at your age in your state you're ahead of the game he wrote a fantastic job stay focused my friend you are definitely not finished okay I'm going back to the ones I've got Jake on the line from Colorado Jake how are you your own fantastic coverage so all I'm focused enough to miss my friend what's on your mind so my wife and I had a bit of a fiasco last week or get damaged by the garage door the building that we live in the upside is is near us cosmetic they're going to be giving us a check kind of curious what your advice be on which way to go okay we can either pay off the small dead honored as noble which would be her car or I could use that check to buy myself a beater on and get out under my eighteen thousand dollar short balance how much what size check we talk about the object about three four thousand only about twenty five hundred of our store okay twenty five hundred is your is your wife's car the small is that on the debt snowball yes Sir all right now what other debts you set your truck or car what else you have on there and one more credit card answer to more credit card student loans for her just a lot of small little Italy ones about five came the past couple months three dead shelter rock'n'roll indefinitely bought in kind of hard to think about my truck but thanks when you met him I will be loving you could be a car guy I want you to be a debt free car dot so yes is that check comes in do not let that checks that in your checking account because I'm telling you right now you're going to think that it's free money free all right it's not pay off that car wait a few weeks the titles going to show up and you drive that thing to the wheels fall off any extra money that comes in people we have to attack the debt snowball we got to get serious got to stay focused you know why people you're not finish this.
"first house" Discussed on The Astrology Podcast
"In the research factors that kept coming up in that they kept coming back to over and over again. So that eventually I sort of synthesized a general approach just based on what seemed to be constant things that they were often focused on just about every election example in some authors. So the two primary things that came up the most often, and that became sort of core things for me in my approach to election astrology, which I think is consistent with a large part of the electoral tradition is also sort of interchangeable or is somewhat true in the needle tradition, and the Horry tradition is that the two most important significative is in any election chart that you really wanna focus on the most is the ruler of the ascendant and the moon and those become the two most important planets in any election charred that you really want to focus on making sure that there is well placed as you possibly can no matter almost no matter what you're doing. Yeah. And we had questions about dealbreakers and really these are kind of like where you want to start and where you want to focus on and those are going to override anything else in the chart. Yes. So let's start with the first one the ruler of the ascendant. So the ascendant the first house and the ruler of the first house represent the one who initiates the action at the time of the election, and it represents it's the part of the chart that represents the most most closely that which is born at that specific moment in time in the same way that in Natal astrology, the first house in the ruler of the first house, and the ascendant itself are the is the part of the chart that's most closely associated with the native the person who was born in who emerges into the world at that moment in time because the ascendant and the rising sign is literally the part of the sky that is rising or emerging out from underneath the earth at that specific moment in time. So just as the native emerges at that moment in time, and therefore the first house in the rising sign in the ruler of the rising sign are the most important planets oftentimes. In describing the native in a birth chart in an election chart that is also true, and you should really focus on that part of the chart. I as your primary thing, right? And oftentimes people ask them what what does that mean? And you're basically using all of the same principles as he would in we're using Hellenistic astrology principles. But you're going to be looking at the first house and the ascendant ruler in terms of signs in terms of conditions. So sign house placement and aspects, right? So you're going to focus on the ruler of the ascendant in the ruler of the ascendance gonna represent both the person who initiates the action. But also that which is born at that time. So it's like if you're starting a journey the planet the rules. The ascendant is going to be the one that most represents you starting that journey and its success or failure. So what that means then is gonna wanna pay attention to the condition of the ruler of the ascendant, and you're gonna apply. What are pretty standard rules in most forms of traditional strategy in terms of planet determining planetary condition and trying to determine when the planets is well placed versus when a planet is either poorly placed or has some challenging things too. So there's a sort of hierarchy, but the three primary things you're paying attention to is that the planet is well placed according to the sign of the zodiac that it's in the planet is well placed according to which of the twelve houses that it's located in and the planet is well placed in in terms of the aspects that it has from other planets.
"first house" Discussed on Learn Astrology with Mary English
"But he did something a did program. Johnny English was a film was in Mr. bean, Dardenne wise, real name is and where he's capital. And he's a comedian. So it isn't correct decide that every cap corner series. But in Mr. gap coons chart, we have such terraces sentence. So this going to be a continual fight between the sun in the stoic sauna Kappa corn, and the Sagittarius let's go and do it. Let's do it. Now, LA, LA, LA, LA, LA, let's travel world and have some fun. And is this gonna be continual fight with? I mean, luckily than form in dreadful aspects anything and he has nipped Choon in the first house. A now, I know a lot of people who got that. So I, of course, sister with it, my partner has it. My best friend has it. So these people are very close to me are no your sister best Random House, Ben Gordon to investors, and there's an advantage and a disadvantage to the advantage is that you can sort of touch into crazy. Because most of things, and and you know, say, you know, because you don't talked about. People with Neptune in the first house can get involved or be attracted to things that aunt earth based or mainstream suspicious routing comes onto that. And if you have niche in your first house, people won't see you as you all so much that you go the such terrorist ascendant. And then you steam some fog in front of it. That's the disadvantage to the Neptune near to the ascendant in the first house. People would never see you as you are they'll get a sort of a foggy version of you. So the remedy for this Neptune. The first house is to be very very clear when you communicate with people now, Mr. capital has his mercury in the sign a cap corn almost exactly conjuncture his son. So his sons twenty five degrees Cancun, fourteen minutes and his mercury's twenty five degrees. Capcom thirty nine minutes. Whiz mcchrystal further along into capital, but trust me, it's conjoined. So his word will be his bond. You know, what he says is what he means Bont other people will misinterpret and because of the Neptune so. Have to get past the Neptune and make sure maybe when you communicate in that what you say is written down. Please say has been done that you like things down or maybe repeated or you are supposed to repeat back to you by the said, no Venus moon in Aquarius. So that's cool and the pretty conjointly two degrees apart the moon is the failings, and that's sort of very strange moon signed to have. So if you have your moon in Aquarius, it's very very difficult to pin your motions down, and we'd probably be talking for six hours before you ever. Tell me how you feel about something. In fact, you probably don't want to feel how you feel moon inequalities is so cerebral. I mean, the batch flower remedy for that is water violet it's necessary to probably not feel things really. But we don't want to feel things Munich waivers. I will good friend Munich wireless. It's a very strange moon. Sign to have it's not watery. It's not far it's air and it's about liberation Aquarius. About being me yet been liberated and emotionally you will not want to be tied down with moon in Aquarius in oh Soo. You're not gonna manage with jealous. Partnered ayrton. Nestor third house has Moore's in and again in Aquarius. The third house is how you communicate and to have your MA's them might be burn decay. Generally. You know Mars is the go to war is the segment the chart to his siblings. Maybe fight me the prison system. No, it's the planet that will give you energy. So maybe you feel energized being able to talk about things 'cause is about communication and short journeys. Said it's go backwards. So the eleventh houses groups to run a business now what different types of business. What I do is. I'm basically what's called a sole trader I work for myself with no staff who. Thought you'd ever want to work with me. Anyway. So you need to look at the eleventh house if you want to create a business or business other people working for you with you park shipping forever..