35 Burst results for "Real Estate"
John Gorman Discusses the Use of Opportunity Zones to Address Social Determinants
"To the healthcare policy podcast on the host. David. Intra Cosso. During this podcast saw discussed efforts to address social determinants of health with John Gorman chairman of the nightingale partners and founder and former Executive Chairman of Gorman Health Group. John Welcome to the program. Thanks David. Great to be here. especially with another native DC guy here most welcome John's by is, of course, posted on the podcast website. Briefly on background, the ongoing covid nineteen pandemic has exposed. The country's failed to adequately address the social determinants of health. Generally defining health access and quality education, economic circumstances, food security, social conditions, and environmental factors. It is estimated that where people live work and socialize determines as much as sixty percent of their health status. Whereas formal medical care accounts for just ten percent. For example concerning. Circumstances forty years of wage stagnation among lower income earners has left forty five percent of working age Americans. With either no health care insurance for insurance without a pocket expenses so high. They avoid sinking care went for example, they developed covid nineteen related symptoms. Healthcare policy makers have slowly begun to take an interest in addressing sto ages as a way to improve health delivery by increasing increasing appropriate utilization and reducing costs. For example, Medicare, advantage plans which enroll more than one third of all Medicare beneficiaries have recently been given regulatory authority to offer Ma benificiary supplemental benefits beyond medical care such as mail deliveries, home modifications, and Personal Care Services. With beginning, discuss, addressing, social determine, specifically use of what are termed opportunities zones. Again. John Gorman. So Jon with that as background. Louis. Begin by asking if you could provide a brief overview of nightingale. Sure David Nangle partners is one of these weird opportunities zone funds that came out of trump's big tax giveaway bill It was actually Cory Booker's program that was designed to encourage investment in real estate and disadvantaged communities and I was sitting on my ass retired last spring and got a notification that the irs had just completely revamped the rags to allow opportunities own capital to be used not just for real estate investment. But also for leases one portly for working capital or for meeting the business requirements of a new company inside one of the nine thousand roughly nine thousand opportunities zones around the country and those opportunities owns David are all. Severely, economically disadvantaged and more importantly medically underserved, and because the irs allowed now opportunities own capital to be used for working capital for meeting business requirements. That's what opened the door to allow us to use opportunities on Capitol to make large scale investments in social determinants of health intervention. So nightingale partners with insurers with health systems with large medical groups to finance design launch, and where necessary execute on our goals to improve. The quality of care for vulnerable populations. In this country, a lot of people like to say and I love it that we packed a Republican billionaire tax shelter in order to improve care for black drought people on that gets me up every morning. Sir Thank you. So this as you noted, this was a provision in the December seventeen tax bill. Specifically page one, hundred, and thirty. This was picked up this previous legislation as you noted, that as you mentioned senator from New Jersey Cory Booker but also the South Carolina African American Republican, the only one Tim Scott. So this is picked up in the tax bill previous legislation and you mentioned the nine thousand. So these are census tracts that meet this low income community criteria wrote and then explain to me. Governors than have to select a discrete number. That could benefit from this. Tax Advantage program is that correct doubts correct and there was a little bit of mischief but some of the governors in the designation of some of those areas and there's been, you know some gamesmanship with this story like you know Chris Christie, the former governor of New Jersey is. Used an opportunity zone fund open up frigging LAUNDROMAT. In Asbury, Park with Bruce, springsteen cats not the kind of stuff that we do. I'm not surprised to hear that I guess the former governor is a is obsessed with. Mr Asbury Park and again just so on. Understand better more clearly, this is the tax advantage here is that by investing the capital gains on your investment, you can avoid paying the. Twenty three percent the capital gains tax and that basically. Sure go ahead, go ahead. Well, basically, the way it works is that if you invest money or capital gains in and opportunities zone and you leave it in for at least ten years, not only is the initial investment completely tax free but then all of the proceeds that you make on that investment are completely tax free. So high net worth individuals. And family offices large corporations the generate large amounts of capital gains love this program, and indeed it opened up about six point two trillion dollars in available capital based on the amount of capital gains that we generate in our economy. So of that amount, David Roughly a hundred billion dollars has been invested thus far into opportunities zones off. The roughly eight months programs operate. And again, the idea is the long leave the money and means completely tax free for ten years out of step seven years you pay are you're eighty five percent excuse but I know that that number surprises me would you say this this this one, hundred, billion, his far more than was estimated when the legislation was passed. No I think it's probably rolling out slower than A lot of folks had hoped and as you can imagine, the vast majority of those deals that have been done thus far has been around real estate and real estate redevelopment certainly in the healthcare sector I think we're still the only firm out here. That's a healthcare focus opportunities on fund it. You know it we've been the only ones to my knowledge. So we're you know we're granted here, but we have yet even break a billion, but we're that's our goal.
Apollo to review Leon Black’s relationship with Jeffrey Epstein
"We're reporting exclusively that private equity billionaire Leon Black faces a review by Apollo global management into his relationship with disgraced financier Jeffrey. Epstein, black requested his company hire an outside law firm to do the review. Black is said Epstein provided him with tax and estate planning advice for which the billionaire paid millions of dollars over a multi year period. Seen also previously served on the board of Blacks Family Foundation. Black made a day trip with his family to Epstein's private island and met with Ed Stein at the advisers. Manhattan. Townhouse Black said he plans to cooperate with an investigation into epsteins businesses.
Year of Second Chances
"I want to talk about a year of second chances. I know I took off running really fast. I hope some people get up and listen to the show the first thing in the morning like the get out of bed and listen to me, God bless you today. I can I can. Can I come? Home a little bit Kinda crazy right now but here's the thing. I could bored. I get mad. I got up said, I. Didn't like was going on around this place I don't like what's happening in the world. I don't like people being being sequestered or quarantined I don't like people even doing that themselves. I don't like that because what happens it rubs of me and I don't like that and so eventually I know Scott Eventually, I say to hell with it and I do the right thing I I eat better to care myself I sleep. Better I start getting the positive attitude I start reading a little bit more exercise a little bit more in just a little bit. I do more of that and I say, let's go. Let's get this thing done and I've been feeling that way lately, and I'm really kind of this point like hang on for the ride because I'm going to put myself up and who knows what will happen when I do that don't talk about your second chances. This year Because that's what we have. We're getting close to the end of two, thousand twenty and like I said the beginning of the program. There are two very distinct kinds of people that I'm seeing these days. and. They're my personal life and I, see some of them on Facebook I've got a pretty good group of facebook friends. Why? Because a toss oil the other ones? Yata here if you're allowed mouth if you're if you're hypocritical if you're if you're one political bob type of person and you don't like anybody else that you're gone I, don't even to hear from you. Anymore I don't care I like regular people I like cool people to rules of my life be nice and be cool. That's it. Just be nice and be cool and if you're that way, I'd get along with anybody if not I, don't need you. For this to people I'm seeing my world right now number one people who were sitting around. Quote somebody knocked on my door. Oh, somebody's checking in on the I saw his data click they're responding to my data, Click Shit a turn that off I'm sorry but there from Dallas to them if you minutes here so to counsel people sitting around waiting to see what was going to happen that's it. They're living everyday life. It's mostly normal rights go the grocery stores to kind of working on that zoom machines. Some people going to work the whole thing but pretty much just kinda paused. Is Paused and see them all the time. I think it's okay to be paused a little bit and we are essentially a little bit pas anyway right now. Right. But there are other kinds of people. I've seen as well. And I hope I'm one of them I'm going to if not going to be at this afternoon I promise that they've decided life is too short to wait for things to happen. Don't care what's going on. The starting businesses, they're buying homes, the traveling more all kinds of we are looking at open houses as we can look at it some real estate it's amazing. How many people out there shopping for homes this flitting in and out buying stuff it's cool. Two kinds of people sitting around waiting to happen on pause or kicking butt making things happen which one are you? So my question to you today. Is Have you taken advantage of the opportunity to reevaluate your path. And Deliver Your Passion here in twenty. Twenty. I know not listen. This is kind of hard right now it's not easy for anybody to literally look around you watch the news talk to people see what's happening whatever whatever situation you're in. It is not easy to just decide to do it. You have got to pick yourself up and say, let's go. As a skillset that you've learned over time, you have the ability if you're eighteen or nineteen years old or twenty years old or twenty five, you might not have learned the skill set of dusting yourself off and and doing it again right what if you're older than that? You probably already know you know what it takes to get you pumped up and get you move him. Have you recognize the opportunities that are here liberty reset reevaluate do whatever you want to do in this life twenty twenty s provided that for some people it's forced that. You got to look at the positive way. Have you done that? So I'm a fan of STOIC philosophy, it just fits. Me Really truly does because the one I say explore the possibilities, things like that I love that thing because there's another side of that. So let me ask a couple questions here that are kind of STOIC and maybe might get your juices flowing if I have already done that today in my. Whatever they call his thing today. Don't even know what is. Are you willing to explore those possibilities of life right now. Maybe take direction. If you're willing to explore the possibility that means commitment, which is usually say, but here's the thing. Are you going to reserve the right to do nothing at all? That's very STOIC. The right to reverse to be able to contemplate just about anything and say, Hey, maybe so but now okay and don't have any prejudice toward it. It is what it is. A lot of people go exports darned. It didn't work out and get upset now who cares go explore the possibility re-evalue re evaluate reset figure out what you WanNa do but always reserve the right to not do a thing and if anybody says anything, I reserve the right not to change. Its, okay. Have you done that I know that a lot of folks right now listening to be say that reserving the right not to change reserving the right to explore and see what's possible to cognitively think of because maybe I can do this and then realize heck I don't want to. I get yelled all the time sky. Why'd you stop doing that? It's while got into it all I would like it determined they didn't like it I quit your a no not I reserve the right not to do it if I don't want to. Very STOIC by the way. Are Things in your life right now. Causing you desire. Because you don't have them. Because you want something. Right. or or something not in your life right now that is causing you fear. Something maybe anticipated. Not. In your life in other words are things you don't have and things you're not gonNa have better than causing you some fear. Right now
Washington DC Adds 8 States to High-Risk Self-Quarantine List
"States on its Corona virus high risk list. That means if you make nonessential trips from those those states states states to to to the the the district, district, district, you're you're you're required required required to to to self self self quarantine quarantine quarantine for for for 14 14 14 days days days because because because of of of high high high Corona Corona Corona virus virus virus levels. levels. levels. Eight Eight more more estates estates were were added added to to the the list list over over the the weekend, weekend, including including Arizona, Arizona, Colorado, Colorado, Connecticut, Connecticut, Massachusetts, Massachusetts, Michigan, Michigan, Ohio, Ohio, Pennsylvania Pennsylvania and and Rhode Rhode Island. Island. Maryland Maryland and and Virginia Virginia are are exempt exempt from the district's order. Well, Capitol Hill
From Orthopedic Surgeons to Steel Suppliers: How Facebook Ads Can Scale Any Business with Rachael Doukas
"Rachel say what's up to fire nation and shears the interesting about yourself that most people don't new high fire nation. Thank you so much for having me. John Ya something about me that most people don't know it's I actually wrote and developed for short films with my sister and we recently finished writing our first feature film. That's a family drama and we're planning to shoot that in April twenty twenty one are we talking an upcoming netflix original? Rachel. Maybe we're not are not sure yet it say it's actually a family drama film. It's based off of one of our shorts but cool out we'd. Love to get it on the streaming platform and everything I love actually about Netflix and the other shooting platforms you're experimenting with a ton of different things like it's not just these hour and a half blockbusters anymore there's like one minute video six, minute video shorts all these different themes I mean man to me this is the glory time for both actors, actresses, writers, producers there's just so much opportunity out there super bowl but fire nation as I shared in the introduction when we're talking how facebook ads can specifically scale any business. So first things first Rachel and why don't you just KINDA LEARN How you kind of got into this at all and what do you define as a hard to market business which has been what you've really kind of focused on as your specialty shore. So I got into this I started my business in two thousand, twelve before that I was working for my family business which encumber real estate and I was Yeah I. was doing a lot of the marketing there, and we were using facebook to bring in leads people that were interested in office space and I remember one day. My mom just said, you know, why don't you start your own business and it was something I really wanted to do and then I just got into it and I started getting new clients With different types of people and then really focusing in on these like hard to market businesses and so really what I define as a hard to market business it's it's a business with a product or a service that doesn't provide instinct gratification or it requires some sort of customization to suit the customers needs. So for example, if you wanted to buy like customize deal horse stable to house your five. It's not going to be like as simple as just buying a t shirt online from your favorite store where you can just add it to your card, and then it's at your doorstep There's a lot more that goes into it when you're orders ordering something like this There is customization so you may have to fill out a form on a landing page or website that goes to the company that asks specific questions like what kind of features do you want for your co Horse Sable, what are the dimensions and then after that, you'll probably end up getting a call from them more an email just to clarify things and to make sure that they're on the same page as you and they can accomplish what you're looking for So it's it's not easy as you know, one, two three, you're done You know another quick example is like a nor an orthopedic surgeon is also a hard to market business. You know someone can't just go online and buy new replacement they have to go through a journey they you know they may see an ad for an orthopedic surgeon and again have to fill out a form and provide more information. Let them know what type of insurance they. Have Secede. The surgeon can even help them and again, then they'll have to speak with someone on the phone and and you know again, get more clarity to make sure that the surgeon can actually help them. So there's really like these types of businesses they require a lot of care effort and creativity to get people in
China's Economy Bounces Back As Pandemic Is Brought Under Control
"China announced today that its economy grew four point nine percent. In the latest quarter, it may be the only major economy to expand this year having recovered from the pandemic while the rest of the world deals with continued lockdowns. NPR's emily. Chang has been looking into what China's economic recovery means for the rest of the world. On a recent October afternoon, I visit Novas assembly lines in southern showdown province, various machine presses, and quality control machines clack away kind of sounds like a nine inch nails song that's Jen Ambrose one of the engineers from Nova which makes rare earth magnets the sort that go into the sensors for your car or help operate your iphone Senova like the rest of China is back to work construction manufacturing and automobiles are all booming and that's good business for the Nova which mostly sells to North American car plants. Here's vice president share your. Show for your meal your woman from town consumer demand is down because of the uncertainty about whether there might be a second wave, our clients in North America I've been stocking up on our components back in February of yet got production going in the middle of China's. He negotiate with dozens of villages let workers at of lockdown and come back to work. The pressure keeps applying as multinational clients was huge. It was like a war. Our director told us in critical times. If you cannot hold up your end, I'll just find someone else to replace you. Extensive. Testing and contact tracing have restarted China's economy despite smaller ensuing outbreaks and so economists estimate China's year GDP growth could be north of two and a half percent this year even as the rest of the world economy will shrink by at least four percent. That differential will give Chinese companies market share in greater economic. Influence. Global Steel production dropped. So China share production can only rise. Estimate, this year China will be at sixty percent of global steel production. This is leasing trump the president of estate industry group. A in June and July. Only China was buying steel because our automobile and construction sectors quickly recovered and because China's economy has recovered earlier and faster than that of others including the US economy, its trade surplus, this year will widen even more. Michael. Hurston China lead at consultancy Eurasia Group says that will exacerbate long-running accusations. China benefits more from the global economic order. The fact that China is back up and running smoothly, and in fact, some evidence suggests that China's actually grabbing market share in export industries will be a cause of concern for us. Policymaker isn't particular last year a trade war in a difficult operating environment. Let some American businesses in China to consider moving some of their supply chains out but this year the American Chamber of Commerce in. Shanghai's Lee. Survey found more than seventy eight percent of respondents has no plans to move operations. What you're seeing now is basically China's stability premium kicking back in in the sense that companies now are dealing with global pandemic and many of the places that they would move production to aren't looking. So rosy right now that China's economic recovery does have its weaknesses. Here's Hallway Economics analyst at Beijing Research from Gavitt Kalganov. Six overall is still investment dramatic story and we'll we'll have seen was lagging behind is mainly. Especially for the working people related consumption meaning, there's been growth because China is building bigger factories and warehouses and making more cars. The consumer demand has been weaker and unlike many countries including the US China has not given cash payments to its lowest income wage earners, many of whom have not been able to find work after the pandemic, and that could further throw supply and demand out of synch because the equality will widen again and we'll way down the consumption growth but for now, China is doing. All right. The question is how long can keep it up. Only thing NPR news jobs young China
Invasive Species Meltdowns
"The invasive species that make that career. Yeah and I'm happy to heavy on to kind of couch. A lot of our previous discussions into this big umbrella that is invasive species because it's hot button issue, it conjures up a lot of opinions a lot of very strong opinions oftentimes for people that don't have any connection to. Really going on ecologically. So I think this is something that is really worth having a nice conversation about in a bigger context. Being. A Professional Brown. Of Natural Resources Management for the past like more than ten years, which is absolutely nuts right I mean but. You'll same way to I've known you for like six years now. Seeing how much the forest is changed in? Eastern Appalachian area over the past ten years with the basis species and like the ecological repercussions of them has been. Fascinating and slightly terrifying at the same time and. It's just I. Think we're right on the cost of like the tip of the iceberg where this is going to be our new climate change equivalent. In terms of. The scale of things that are happening, and that's a really important thing to kind of talk about his you know one or two invasive species can be very regional, very specific to wherever you're located. But when you think about the impact, they're having across the globe I mean this is comparable in terms of climate change to the scale of ecosystem disruption that could possibly happen and is happy. Again I'm like I'm very regionally specific being foot muster my career Mayes -cation is from Pennsylvania and West Virginia. In the mid Atlantic area and it's just been there. There's been so much change here but places all around the world are suffering from invasive species I spent some time in California not as a naturalist but enjoying nature on my off time from my corporate job. And the invasive species in California remind me a lot of the mid Atlantic region. It's just it's always seasonal new swath of ecological damage on the same scale. Yeah. An again being regionally specific it's not bad. That's how you have to kind of approach these things you have to be sort of a hometown hero because there's no way to globally say, I'm gonNA tackle the invasive species issue and even with a single invasive species how it behaves in one area isn't going to be. The same in another area you know I always hear people right in. This is an invasive in my yard. Why are you talking about I'm like well, you don't live where it's acting like an invasive. That's why. Yeah, it's been This hometown hero concept has really been like kind of hitting the nail on the head with me lately because. For so many years going to the school for forestry and. Policy Entomology. It's almost like we learned the species are in this category of invasive or exotic unlike we kind of learn this label with them. Then, we didn't do anything because it was almost like you just like doesn't masive. That's how it is unlike arms US role, and now I'm like, no, I really need to be more like a hometown hero and if I see a tree hang on like a dog walk, I need to rip it out instead of just being like. I'm not saying like everybody's guilty of this bill I'm surprised that it took me. So long to realize like I'm an invasive species specialist in I've been like on a certain level ignoring their I guess prowess. In really is going to be one of those like. Grassroots efforts to control invasive species. On a professional level because Regis label them as what they are. Let Them Go. Yeah and I. Think. There's a lot of there's a range of opinions on that in terms of where do you it's kind of like asking what he'll do you WanNa die today. But I I agree a lot of times. You just Kinda hear about this you learn sort of the theory and some of the data the to support said theory on invasions, but in terms of actionable items. Yep, it is something. That, I, think we all need to grapple with in a big way in the coming years but let's start with definitions because this is I think the shakiest ground for most people is this idea of what does it mean to be an invasive species in a lot of times? People will say it's a species from another of the world. Sometimes, it can be a native species that's just for some reason or another. Gone Haywire. So where do we land on our definition of an invasive species? I define it is it's mostly exotic, right so these exotic species are brought into a new landscape where they don't have ecological controls and want those controls could be are things like predators pathogens right? We're all volved where we are supposed to be. Stationed planted but there are native examples I can think of obviously not as common as the exotic examples, but one that comes to mind. A forester but few are out black locust in also like straight maple things like that. Like when you alter the forest soon is usually human activity. When we alter the forest, we provide an ecosystem where it's not a balance and native species can kind of take over this new real estate, which normally may be confined to just like stream banks or small openings in the forest for one tree falls. But instead only come in and do a full. You know very large shelter
How to Get Clients in Today's Environment
"Welcome to another episode of Marketing School? I'm Eric Su and I'm Neil Patel and today we are going to talk about how to get clients in today's environment. So when Neil and I are talking about clients in this context, we could mean clients for your agency. We can mean clients for just any type of services business in general, right? So could be real estate clients as well. So we do know that today's environment is tougher. It's different dependent on your industry as well. So for seven histories maybe if you're hospitality, we might be a little tougher but you we still wanNA talk about overall. What we think is effective in terms of getting clients today. I still use the same approach and I know we talked about this impasse episodes in which. I just go out there and you can either go like virtual networking events, but the biggest and the easiest way that I've been getting customers still is I go look for recently funded companies in my space figure out how I can help them my email them all the things I would do I lay it all out in such a way step-by-step way where they can just do it without me but a portion of them descend hiring you and I know that sounds a little bit crazy but I've just found that to work. So well over the years I, continue just do that. Yup and another thing that similar to what Neil is saying is, yes you can definitely use crunch basie what's going on there but there is a service died. One of my buddies recommended predict leads dot Com and they will actually show you when this is happening actively what's the new CMO's joins a company or whatever, and I'm not sure how much it is exactly but you can check that out whatever gives you an edge. You know you WANNA take a look at it right so you know people have brought to my. Attention the recent recent but Lincoln sales navigator it's gotten better and better over the years. So you can actually see when people are adjusting as well. So using these tools will give you the inside that you need to reach out, and then just go out there and add value like meal I've mentioned tell us times in the past the people that come up to us would solutions offer us to work for free and then say they want to negotiate a kind of more ongoing arrangement afterwards, every single time someone that's done that. Done that well, we've ended up doing something with the mother, turn them part time or harm them fulltime or referring them to somewhere else, and that's how you if you're starting from Ground Zero. Let's funniest. So many of my best people and I know with you to have come from people doing a free test run from a month or two. Now, if you're GONNA use that Strategy Eric and I are talking about here, you can't just go to people I'm be like you've got so many things wrong fix it you need. To achieve them how you'RE GONNA. Fix It be very proactive and not have to head them up and ask him questions here and there yet to be self sufficient in other words, be able to figure things out on your own because if you can do that, you can show him results. DASA. People like they don't want more employees that they have to hand hold and teach and train people are self sufficient who level up their team and provide more value than what they're currently getting right now. Yep, and the other thing is. What you can do is make loom video. So That's L. O. M. dot com, and they're actually doing very well as a company right now but you can basically just make quick videos for people to just saying, Hey, look I spotted these things they get a sense of your personality in the video and you're doing a screen share your face is showing, and so they'll get a sense of whether they want to get to know you more or not or if they think you're full of it and here's the beauty of. It. If they think you're full of it while that's an opportunity for you to improve, you can constantly iterating. So if I'm coming out of college right now, I might not be good on video I might not be polished with the way I'm talking but I'm just gonNA keep getting more and more reps and I'm GonNa get better over time neal was never good at speaking when he started I was never good at speaking when I first started we've gotten better we're not like world class number one in the world, but that's What it takes us if you want to find clients that way it should work well, and then like Neil mention, there's a lot of virtual events going on right now, which are tied in when there's a virtual networking. So just use our event as an example, the growth accelerator. Well, we have virtual networking like RPG and where Neil might go stand somewhere everyone crowds around him and I might go stand somewhere but we have different groups but you know we're building that relationship and more than anything. I think some people might. Say. Oh you know you should go look at other agencies and partner up with them. It's like, no. I've tried that in the past you try doing that it's GonNa take you forever does set of the partnership and that you really your expectations are not going to be met because you'd expect an influx of leads coming in generally, it does not work out that way. So that's no. You need the results right now to go get the results right now you can't rely on someone else selling for you gotta go, Sell Yourself. Yep. So I mean, you know Aaron Ross from predictable revenue says you WANNA. In this case, your sniping your leads, right you're targeting who you want your sniping and what I would say is figure out how much revenue drive and how many clients that is per month and then figure out how much outreach that is for you per day because that's the one thing you can control, which is your outreach every day,
Boeing explores sale of Renton Longacres headquarters, southeast of Seattle
"Looking looking to to sell sell its its commercial commercial jet jet headquarters headquarters based based out out of of Renton. Renton. Boeing's Boeing's top top financial financial officer, officer, told told Bloomberg. Bloomberg. They're They're evaluating evaluating all all of of the the company's company's real real estate estate is is it it looks looks to to cut cut costs, costs, but but no no decision decision has has been been made. made. Also, Also, Europe's Europe's air air safety safety regulator regulator is is said said that that to to be be close close to to clearing clearing the the grounded grounded 737 737 Max Max to to fly fly again. again. Bloomberg Bloomberg reports. reports. The The agency's agency's director, director, says says he's he's satisfied satisfied with with the the changes changes that that were were made made to to the the jet jet after after two two deadly deadly crashes crashes that that grounded grounded the the fleet. fleet. Since Since last last year. year. As As we've we've been been reporting, reporting, a a new new report report shows shows the the push push to to defund defund
COVID-19 case confirmed in pope's Vatican residence
"Francis now in isolation after testing positive for covert 19 4, members of the Swiss Guard, which protects the pope also tested positive for the illness last week. Kansas man is under arrest,
"real estate" Discussed on Toronto Real Estate Unfiltered
"To work before the pandemic am very likely isn't going to work now. It's a whole different ball game. And if no one's adapting to that, you're the one who's suffering. So make sure that instead of someone who's you know, the the big money to put a billboard of their big faces in the middle of a busy intersection, you know that they're still doing the older reactive of the older reactive type marketing where they're waiting for someone to react to what they do versus the proactive approach that I take that I can actually track how many people have listen to the podcast how many people viewed my sites all those kind of things. So remember the way of the future is Via Real Estate podcast show.com head over to Gold real estate podcast. Show. Com to find out what your property is worth and to be updated on your changes in your values that's important as well. And basically that will also get you listed as long as Monday if you need to and for a lot of people I'm telling you right now The Fall season, it might feel like fall but it is still in some parts of Ontario. It's still actually the spring summer market. So you do not want to miss out. You don't want to wait a week because you're missing out on a whole bunch of buyers over 11,000 transactions last month alone that tells you that back in a couple of months before it was crickets. It was like two thousand transactions when this all began seven months ago, if you believe it it started seven months ago. So I've got stuff to show you how important right now is and it might not be this way non-stop. Don't don't think that it's all going to you know, stay this way and that's necessarily the new year. There's no way Jose. Nobody can tell you that for sure. Thanks for listening. Have a great day..
Chadwick Boseman died without a will, wife files a probate case
"Chadwick Boseman is asking a judge to make her an administrator with limited authority of his estate. Taylor Simone, lead word found a probate case in Los Angeles yesterday, According to court documents. Bozeman died without a legal will. The estimated value of the Black Panther star is $930,500. Disney is
"real estate" Discussed on Real Estate Disruptors
"We're going to have to get back to being on the street knocking doors and it's going to have to become come back to our systems which is not necessarily something you can automated or outsourced so easily, I guess you have to scale but I see us a trend of us standing apart from the virtual guys as being a real face that can really shake their hand and really sit at their kitchen table. So I just want to kind of bring that up that I believe that something people should start considering making a piece of their of their structure. Yeah makes total sense. Kevin Sanders wants to know if you have a realtor in your wholesale team. How do you share his listing Revenue if you are not licensed? Okay. Well a commission cannot be paid on unlicensed individual. Now that being said if you're a wholesaler and your general thoughts Ladies and you're not licensed you can become a lead provider and you can sell leads and if it's set up as a company with a structured lead purchase type scenario, that's possible right off of Realtors listening. We all know we can go by leads is the same thing, right? So that's one route. You just can't share Revenue. It can't be a profit-share or a or a percentage of commission. Yeah from license enough to not be correlated in any way whatsoever. Right? It's got to be flat fee per lead flat fee per lead and it can't right and there's no Evan flow to that. It's a it's a true lead purchase Flats Mario not at all connected to profit absolutely not per deal. Absolutely. Absolutely, which means that you might sell ten leads. It turns into one listing for that agent or whatever but it's whatever just don't don't try and don't try to do it over the table. I I I see people doing that stuff all the time and it's not it's not good. I mean almost get in trouble. I was going to get in trouble. It's one of the things with my agents who are dead. My licensed investors, my license investors will do a lot of what we call personal transactions in the Real Estate Commission requires that we have noticed the broker and so forth. We have a whole process an online forum and everything have to do with me. I know what they're doing. They have to turn in the settlement statements to me and the contracts because one of the things I'm looking for is did somebody get paid that shouldn't have and how did that happen? And if it does then there's immediate disciplinary action, right so long just because you're on the hook for it. Well or yes X Brawn hook for it. Exactly and I want to see them sustain their business has not caused them clumps trouble. Yep, Samuel Velazquez Jose. How much how do you determine how much you should net on a wholesale deal in in their respective Market?.
Statue Honoring Ruth Bader Ginsburg Coming to Downtown Brooklyn’s City Point, New York
"A bronze statue of late Supreme Court Justice Ruth Bader Ginsburg will be unveiled in downtown Brooklyn during women's history month next year. Ginsburg was born in Brooklyn. In 1933. Paul Travis of Real estate management firm Washington Square partner says the statue will be placed in front of their city point development. When she passed away. It just reinforced for us, and I think all the people we've been working with How how significant it is for Brooklyn to pay testimony to her legacy. The unveiling a set for March 15th Ginsberg's birthday.
How to Buy in a Hot Housing Market
"I recently got an email from listeners listening about six months or so has listened to well over one hundred episodes of the show. He writes that he's relatively new to investing. He's been investing for three years now, as he graduated from college in two thousand seventeen. He's been saving for his first home purchase in Austin. Texas. He writes the Austin Housing Market is very hot at the moment arguably one of the hottest markets in the country even with the recent effects of covid nineteen. He points out the median sales price in Austin has increased over eleven percent since this time last year, and there are forty five percent fewer homes on the market now versus a year ago he would like to buy a house in early twenty, twenty one. But after seeing the market conditions, he's worried that he might be entering the real estate market at the wrong time. He has heard of stories from realtors in home buyers about individuals and families putting offers of ten to fifteen thousand dollars over the asking price for homes that aren't even on the market yet only to find out, they did not win the bidding war. In short, he continues I'm wondering if you could offer some. Rules of thumb to look for as a first time home buyer in I. Hot Market such as Austin. I'm conflicted because I don't want to buy at the wrong time and potentially lose value in my home only after a few short years however at the same time if this market to continue at this pace for several years to come buying in the near future, I think might be the right move. He points out he's tired of handing over his money to landlords and would like to start building equity in a home to diversify his current return drivers. Austin is not the only hot housing market. There are a number of them in fact, nationally in the US housing is on fire. In August of two, thousand, twenty, there were five point nine million homes sold on a seasonally adjusted annual rate. That's the highest number of home since two thousand six and it's being driven because the average thirty year fixed rate mortgage at the end, of August was two, point, nine, four percent. The median single family home price in the US is up eleven point seven percent in the past year ending August twenty twenty. That's the biggest annual increase in twenty thirteen. Sales of newly built homes are up forty, three percent year over year the highest increase since one, thousand, nine, hundred, two. There have been about one million new homes built in the past year highest level since two, thousand six. The market is being driven because of the low interest rate, which is pushing up the value of all assets. Plus there's a desire for many given covid nineteen to move out of their city, for example, out more into the suburbs or the country. So increased demand and reduced supply because of concern regarding the pandemic. Some. People don't want potential buyers traipsing through their homes. Others don't want to sell because they're not sure they'll be able to find something to buy. The frenzy to purchase homes has pushed up valuations if we look at the value of household real estate. So the total value of houses and condos as a percent of economic output in the US GDP, it's a hundred and fifty eight percent. Total value of all houses divided by GDP is one hundred and fifty eight percent that's up from hundred and forty percent at the beginning of the year the all time high was one, hundred, eighty percent in two, thousand, seven, and the recent low was in two thousand twelve of one hundred, fifteen percent. This is data from Ned Davis Research. The. So the value of the housing stock relative to GDP is approaching that all time high of two, thousand seven, and then if we look at the case Schiller Index, it has appreciated since nineteen fifty-three on a real net of inflation basis of about point seven percent per year. That's the trend line. So we statistically create a trend line again, data from Davis research that trend line increases at point seven percent per year, and then we can see well, how much do current prices differ from that trend line and right now we're fifteen percent above the trendline. In two thousand, six, US home prices were forty percent above the trend line and then by twenty twelve, two, thousand, thirteen, they had fallen two point, nine percent below the trendline.
I'm Scared to Invest in Real Estate in a College Town Right Now
"Anthony is in Kansas City High Anthony. Welcome to the Dave. Ramsey show. Hi doing great. How can I help? I have about a half million dollars in my checking account and I have had it in there for a couple of years I'm trying to figure out exactly what to do with it. My plan was to use it for real estate. But the real estate market got me a little spooked right now while or. we live in a college shirt close to a college town and. the market there they've built so many brand new complexes in the last. Ten Years Nobody's going to college. Okay. I'm with you exactly the enrollment rates are going down you know so I'm a little bit Leery of that. So what town are you at all? I'm Manhattan. Kansas Yeah, okay All right yes. You're far enough away from Kansas City that you're probably not investing in. Kansas City. Correct okay, Anthony holder you. I'm forty five. Okay. You've done a great job. Yeah. Are you planning to stay Manhattan. That depends don't necessarily need to have a hobby farm. I'm I'm an electrical contractor by trade. But my my real estate holdings I have a couple of rental properties to, but I have about a million and a half in real estate that's all paid for. about one, hundred, thousand in cash five, hundred, thousand in my checking. about four, hundred, thousand other assets like. Crack loaders tractors. You're. A. Stud. Done. So proud of you. It's got to feel great man really did it and I'm assuming you did all this start assuming you to all the starting from nothing. For nothing inherited nothing way to go well, here's what I would do if I, woke up in your shoes and I find myself in similar situations from time to time. I'm between real estate deals and I need access to the cash when I get ready to do the next real estate deal. That's where I find myself. It's where you find yourself because you're not going to drop that half million in Manhattan you've made that decision. I'm not going to recommend if you've listened to me for more twenty minutes, you know this to be a long distance landlord. and. So what I'm GonNa end up doing is just parking this probably in like an S. and P. Five hundred. you know a no load fund there's no commissions and just ride the market with it a little bit while I'm waiting to decide what I'm GONNA do. and. One of two things will happen. One of three things will happen. You decide to stay in Manhattan and the market get soft as you predict. So you will not pull that money out in buying Manhattan. So you're probably going to turn and invest in some other vehicle for probably some mutual fund or something number. Two thing that could happen as you move and you're living in whatever Kansas City and you got a great market to invest in. Then, you pull the money out and you invest it then what was the third thing that could happen. The third thing could happen would be Manhattan back the college market firms back up and you feel good about investing in Manhattan again, pull the money out there s and P and invest go so your parking it until something else moves another variable moves in the situation. But checking accounts not okay. Yeah. I realize that it's been but you know how it is Kinda fly. And I'm sure your bank is reaching out blowing up your phone with all their ideas and thoughts. Real helpful now. Drysdale's on the line. There's a saw ball mister guides deals on the line. There's a fourth option you may begin to look at something that gets to be on sale where you've got someone that has to sell or is looking to sell, and now you've put yourself in a situation to start to have some conversations about potentially buying that that could happen as the market. In Manhattan that's right. that somebody couldn't quite survived the turn and it's making an upward turn and you're comfortable with it that could result in a really good for a great deal. Yeah. That's that's a very, very good point. Dr. John Loney is. One of three, thirty, two degrees he's got he's got more degrees than a thermometer is in higher. Ed. And he's talked about with you and I and a bunch of US behind the scenes and even some what on the air The to the extent that. Because of the student loan debacle and because covert scenario by home, they realized These colleges are trying to charge just as much sitting at home I'm not getting like the college experience. I don't see any ivy on the walls here at my house. So to those two things hitting together are accelerating p the demand for college degrees. On campus living college degrees, they're accelerating that demand dropping right been dropping. Student loan the covert thing is pushed it over the edge. So, we are seeing some things like he's describing a college town like Manhattan, which is what Kansas State. Of Kansas, state and So you know we're seeing so many smaller towns where the economy's driven by resoluteness. Affecting their economies it really is a lot of those around America.
"Hey welcome to the podcast about politics race and culture from the OC perspective I'M A. And I'm Hutagalung arena. Today, we have a very special guest joining us from yonkers new. York is Jamal Bowman he's the. Democratic nominee for Congress in new. York's Sixteenth District Jamal. To the show. Hello thank you so much for having me. It's great to be here. We don't often speak to you know members, of Congress or potential members of Congress few like somebody maybe unexcited Cossio go. because. You're win like hers was a a really big deal. You defeated Longtime Democratic incumbent Eliot Engel in a huge landslide lead your the likely winner in the twenty twenty general election because you represent a very blue district. So it's really been a super big year for you. Your Primary Win came at the height of the conversation around justice for Black and Brown lives inequity the pandemic. With. It. So really your wind came kind of on the backs of all of that. So. Give us just a quick back story shore. So the back story I guess begins you know being raised by a single mom in the projects along with my three sisters. During the crack cocaine epidemic, which projects I gotTa know which projects Oh Easter projects one hundred, fifteen first avenue in Manhattan. WanNa raise on the. Upper East side East Harlem Section Manhattan went to public schools by entire life lived in the projects in rent stabilized apartments started teaching in nineteen ninety nine in the South Bronx in one of the poorest zip codes in the country, and you clearly can see the inequality the inequity in how wherever you go in a city state or country black and Brown people seem to be suffering more than everyone else. So growing up as a black man in America who has been a victim of police brutality. The first time I was beaten by police was eleven years old and notice I said the first time happen again, the a later on. IOS Eleven hanging out on the street with my friends and being rambunctious in boisterous in doing what kids do and I guess someone may have called the police because we were maybe too noisy a too rambunctious. and. The police came over and tried to live saw curtail us and tell us a comma down. You know we kind of push back in had a few words for them. Next thing I know like I'm being done up against the wall thrones Grou- face dragged all over the floor. In the back you know except Tra, and then we'll take into the precinct and US well to my mom about this later were taken to the precinct in a coma mom to come pick me up with a birth certificate because they didn't believe I was eleven am. makes. Me Think Tamir Rice as I say that out loud rain. She comes with a birth certificate picks me up and takes me home. Didn't explain to her what the charges were if any why they approached us to begin with, they just allow her to take me home in my mom and I didn't even think to you know press charges. Report anything like that. We just kept moving and it just tells you how internalize sort of our oppression is. Right like we just accept we have accepted in I have accepted that okay. There's nothing we can do where powerless. So becoming a teacher. Being a social justice advocate within education and having the opportunity to be a founding principle of my own district, public school charter school, and being education organizers around equity and restorative justice in culture, Responsi-, schools all of that led to me. You know think about a potential run for office and why Eliot Engel while I looked at twenty eighteen election and I saw that me thirty thousand registered Democrats in the district actually voted and he won with twenty two thousand votes. Yeah. Some like, wow. This person has making trillion dollar decisions that impact millions of people and he only got twenty two thousand. Volts Yep you look at who supports him right? Who Funds his campaign we're talking big real estate. Yep Big pharmaceutical companies, weapons, manufacturers, hedge fund managers, and every institution that is hurting our community hurting the working class. Those are the people that are institutions that funded his campaign. So that's why we decide the challenge chairman ultimately were able to win in the end
The "Dungeons & Dragons" Murder
"A North Carolina suburb in the early morning of July twenty fifth nineteen eighty-eight. On evonne, Stein awoke to an intruder at her bedside holding a knife and club. Bunny was severely beaten and stabbed, but she somehow managed to stay alive and call for help after the intruder left Leith was not selected. However, he was stabbed and bludgeoned to death when investigators learned that his estate was worth over two million dollars naturally his wife and stepchildren became suspects. Yeah. The amount I've heard varying stories on the amount, but it was around two million dollars. So a considerable amount of money especially in the nineteen eighties her was. The von Stein family lived in the small town of Washington North Carolina. And the rest of the state calls this town little Washington to differentiate it from Washington DC in Washington state. But I guess the people who live there like to call it the original Washington because it is the first town to be named after George Washington. That's an interesting tidbit for you. Can we fact check that I have done that but if we WANNA double check for me so it was the first town as we now yet. Okay. So. Whether you call it little Washington or original Washington the town was virtually destroyed in eighteen, sixty four, and then again in nineteen hundred by some devastating fires, a few homes survived and it was rebuilt and it became a farming and fishing community. So with a population of just over ten thousand pretty small. It's known as a sleepy town, but actually a pretty good place to raise your family low crime. I would imagine ten thousand is Pretty small but not too bad. So yeah probably be a nice place to raise a kid. Yeah, I. Think so. So, lease was born in Queens New York in nineteen forty six to parents who both came from well off German families who it is still a baby. The family moved to North Carolina his father Howard was a graduate of Brown University and he'd been a professional saxophone player before fighting in world. War? Two. After. The war. The Big Band era who is starting to be on its way out? And it was getting hard to find work as a saxophonist. So at this point, he had a wife and a baby boy to support so. Howard decided he needed to find a steady job. He ended up taking one offered by his brother-in-law as a laundry equipment salesman. He and I think he was successful at that. But maybe not at his happiest, right because he was an artist and musician. But he was successful. CONC- that whoever you're good at what you do that you're just not totally in it. Exactly. So lead Smart Marie does it on him she spoiled him and gave him pretty much anything he wanted. But you know he remained respectful and loving and had a good work ethic. By, the time he was in high school, the camel city laundry and cleaners had become one of the most successful laundries in the whole country. and lead stand Howard had become part owner and they were employing over one hundred people. But you know. Lee. had no interest in the laundry business and his dad totally understood that. So li-the never took a part time job that his father offered him at the laundry. He had decided on another career you're lethal is accepted into the school of Engineering at North Carolina State University. He. Was Successful for the first two years. But then in the junior year kind of his motivation and slacked off. He got into partying pretty heavily and he flunked out in nineteen, sixty seven. Now, the problem with this or this time is that the Vietnam War was going on. So guess what happened Oh Leaf He's drafted. Yeah. His parents were pretty frantic and worried about this as you can imagine or you're their only son, their only child. So he was twenty one years old by this time, and fortunately for him, his two years of college helped him get assigned to clerical work. So instead of being sent off to fight a war, he was stationed in office in Germany. Of course, he knew some German. So that came in handy to after his discharge from the army in nineteen seventy lethal returned home and enrolled at Guilford College in Greensboro as a business major. Gilford was a small quaker college. So some faculty and students held weekly silent vigils against the Vietnam War on the federal courthouse lawn. And Leaf was agreeing with them. He didn't think this war should be going on. Your a lot of this at that time didn't think that was a good idea. Shabby. That were absolutely it was the movement. So. Although he had been conservative for most of his life leaked did get some strong opinions against the war and he let his hair grow out to his shoulder started wearing blue jeans and he got a pair of those small round wire rimmed glasses that John
Should I provide a guarantee for my real estate photography service?
"Chris this is Cathy. Thanks for all the helpful in full you provide on the show. In your book, the Hundred Dollar Startup you wrote about the power of an unconditional guarantee. and. You also said that it's better to have no guarantee at all in a week one which makes sense. But in my case, I'm starting to do real estate photography. I can't figure out what's better. If I offer an unconditional, no limits guarantee you my service anyone can take advantage of it. Say Home. I take photos of doesn't sell real estate agent could come back to me and ask for their money back. But. Then I worry if I don't offer some guarantee, the agents will wonder why they should hire me. Many of them do their own photos and they're not great but they seem to work well enough for them. My overthinking. What should I offer as my money back guarantee if anything? Hey there, Cathy thank you so much. Congratulations on getting into this field definitely an exciting time for it as mentioned and as for whether you're overthinking thinking maybe a little bit I don't think that there's a wrong way here. When I mentioned that the principle that Kathy's referring to is you either have like an amazing guarantee that's unconditional and like it's GonNa Rock your world and Change Your Life or I don't get paid or you just don't have any guaranteed because I think a week money-back guarantee actually diminishes the value of the brands. It actually reduces trust rather than. The whole guaranteed just to kind of provide that reassurance. But for this kind of business, you know it's a service business that is based entirely on relationships, and so your goal isn't just to get one real estate agent to hire you for one listing your goal is to build that relationship. So you can keep working for them over and over, and ultimately the trust in your relationship is probably more important than the wording on your website about the guarantee and and also I, think. The photographer is not guaranteeing the House will sell you know there's lots of factors associated with that I, mean your your services to provide the photos. So you WANNA provide really photos you want to check and make sure they like them does the agent like the photos perhaps the clients, the home seller do they like the photos so great you know. If somebody really isn't happy at some point. Then maybe just to maintain the relationship, you could refund a portion of the, but I honestly don't think that's going to be much of an issue much more important to think about building those relationships and getting those jobs and moving forward.
3 Ways to Level Up Google Ads with Vincent Beima
"Has up athletes today I want to talk with you guys about dynamic search ads, which is a very awesome tool inside Google ads which can give you additional insights and keywords insertions rich. You wouldn't have thought of in the first place and I'm going to give you three major keys that can help you get more impact with your dynamic search campaigns. So first of. All, the always WanNa make sure that you're excluding your brand keywords what I see also with a bigger agencies that they tend to forget it or not do it on purpose so that you'll get an idea of that dynamic search ads are actually performing better than they should. Because what you do not want is when you're dynamic shirts as Bob that your brand traffic is being filtered. Through, the dynamic search ads so dad went somebody uses the word Nike going to be found by ANNEX SEARCH ADS campaign. Why? For a few reasons? First of all? You're brand at has always more click real estate because you can put all these sightings endeared has more titles and description rules in general than your dynamic search ads. So it's better that you WANNA fill it straight to your brand campaign. Secondly, your brand assets are the most relevant to your branded intent traffic. So you WanNa make sure that you find the right way also, you get a higher click through rate. and. Thirdly, you'll have a complete overview of your brand growth without any skewed data. that's when you make sure that you exclude on all your campaign. So number one campaigns and also your DA campaigns, your brand keywords make sure you do that. So you have a good overview of how your brands performing. Then second one interestingly is leveraging remarketing for search at errorless aid, but decided for similar audiences. So I expected you're already familiar with how you can leverage your current audiences for search. Here you can give bid adjustments to your current audiences that have interacted with before but here's the kicker. Google automatically creates similar audiences to all the on you create in your Google or in your Google ads. Audience Manager. So by creating a bunch of audience and especially true if you have a lot of volume in traffic, the is as you create the more Google creates a similar audience to debt. So if you are using, let's say a loss of seven days audience. This means you can make bid adjustments for people that have already been on your website and lost seven days. But if we're using similar to audiences, we can now leverage audiences that are not specifically have been interacting with you. So it works both ways on one way. You could see the same traffic addict uses with my keywords. Yes. But on the other side Goule has specifically. Made. His list with people have a similar behavior towards that same audience and this can be very powerful. So it's a it's kind of like a hidden missing, but these audience have been pretty much successful for us with our clients accounts. So I'm just going to give you a few of these best-performing audiences that we've used where Gould and creates a similar audience to which we have leveraged in glass. So we have the lost day. So the last twenty, four hours, basically seven days, fourteen days thirty, sixty, ninety days obviously all add to cart. Audiences we have the converting audiences of everybody have already purchased, and then we also have one with new users those on his work. The best. So again, tested out if you have the ability, if you have a lot of traffic stands to work very well for us and then lastly Allensbach two guys about if you're going to use dynamic search ads and what it does, it simply crawls the page and gives you knew inside like DC. Type of keywords can match with your pages and it will create a dynamically created headline towards that at. With. The specifically indicates that it picks. So when you start off with this and you already have a bunch of keyword campaigns lined up what did you do not want is that starts cannibalizing from your current setup. Because then it's going to be influencing your quality score and is going to influence in your relevancy. So you want make sure it's actually that you exclude all your current keywords so that specifically funnels traffic to write campaigns, but it's going to be very time consuming. You don't want to do that. So that's why we're talking here about a script that automatically does that for you so it automatically selects. That you have in Craig's list for ADN excluded under Nick Search F. and it keeps you dynamically rolling. So it's not something that you have to keep doing. It just keeps on running as a script on itself. That's is linked down below in the comments. So this article, three major keys for to step up your dynamic search ads campaign.
"real estate" Discussed on Real Estate Rookie
"I really liked that tip of just starting with one person because it can be overwhelming going to these meet ups and not knowing anyone anyone. especially if they're at a bar or restaurant and you walk in, you don't even know what group of people is. The Real Estate Group. So I, think that's a great tip. In one thing I've done to is I've. Found people online neither the bigger pockets forums or instagram better going to the same meet up and I connect with them first to get to know about a little bit and I've done this for conferences too. So that I at least have one face that that I know to look for when I get there and start there. But you're right once you get talking about real estate at these meet UPS. It's like you. You've spent so much time talking to different people and they'll come up to you and once you get going, it's hard to stop in an already three hours have gone by. I tell whenever we go to a new location in new restaurant I tell the wait staff. I'm like look this is not like a formal dinner. People aren't going to be sitting at tables and ordering you have to stick your nose in there and ask them what they want. What they want to drink said we are real estate investors. So you put us in a room together. We are all going to talk to each other we will starve. We will die of thirst because we're talking about what have going on the good and the bad we don't care we have. Chips. Just bring the salsa look just bring. It will pay for it because. Order. Stick your nose in there and make order because I. Need I need the wait staff to make money 'cause that sure important for the relationship. But it's like if you're going to be a passive waiter, they're not gonNA order you gotta stick yourself in there and go do it. One of the first real might have been the first or second real estate meet ups I went to I went with my friend John and like it was so exciting like I was having so much fun and he came up to me like in the middle and handed me a glass of water and afterwards I was like Oh my God that was the nicest thing you could have done for me. I was like I didn't even realize how dehydrated I was from talking so much and I was having so much fun. That I didn't even think about it. So it was like, thank you so much. But you're right. You're just keep going that you're not gonNA stop to to eat or drink I. Tell people when I post on my from meet UPS. I said this is networking. You're going to get out of it what you put into it. Yeah. Let's move on to your rookie deal does some really great advice he gave Rolin about meet up and I hope everyone is putting themselves out there to do these meet ups whether their virtual or In person I know a couple of groups have started to go back to in person the one buffalo had a meet up last week where it was at a park setting. But let's talk about your rookie deal which one is this. So this is the very first, my first investment property. This is the one that I got off the MLS right after everything was finalized with my personal life. So again, it was listed it was just kind of the perfect thing I'm a believer and you put yourself in the right position. Things fall into place. So everything fell into place on this one. It was literally less than two tenths of a mile from where I work. So going to see the next day was easy..
"real estate" Discussed on Real Estate Coaching Radio
"Changes about every thirty days right online lead generation. So you buy leads in bye-bye are leads in particular. You're always going to be beholden to the ebbs and flows of somebody changing moving the cheese as it were changing the rules whether the systems will or won't work that does not make any sense. So if you actually are serious about Your Business and you have a choice between Colin from a list of sellers have their hands up in the air right now saying yes. I want to sell my house and will require you making yourself uncomfortable. Until you've learned how to do, it will require you picking up the phone real require you having conversations and might result in getting rejected it will require you doing the real work of real estate but once you do it, what you're going to discover, it's easier than you thought it's massively less competitive than you thought because everybody else runs for the easy exits and they do all the paid garbage rate. So all the myths that you've been sold to believe that there's everyone that's chasing expires, for example, it's absolutely not true titan them about to go to premiere I guarantee you on. Today's American coaching call on here. And stories it sound just like that. Yeah. You're not gonNA believe they always start that way. Right? You're going to believe it. I called only three expires I've already got a listing appointment a followup. It's like well, yes. They have a house to sell you do what for? Don't you think you should talk to each other like the for sale by owner you know their phone number is there. It's like the number one complaint that all I can't find phone numbers how about you call somebody that's handing it to you and has a house to sell you sell houses for a living just as a couple of examples right guarantee I'm about to hear from that from the agents who are willing to stick their neck out and do the real work force versus pride of the Real Estate God's at the impressions will rain down upon them and somebody will raise their hands at their ready. Well, why do eighty five percent of all roast agents fail? Within, eighteen months of getting the real estate license this because they never learned to do the real work of real estate and they're always chasing the bright lights. Here. All right Julie soft premier. League. Your podcasting studio. So you guys make sure you're attending the Premiere coaching session every single day live on. Then you can ask Julie Questions Now remember the Premier coaching.
"real estate" Discussed on Toronto Real Estate Unfiltered
"Today's journey is going to be. For the. ONE HUNDRED MILLION! TORONTO. Real Estate Millionaire podcast. So. Here's what my goal from today on. is going to be and there's two parts to the goal. First, of all, I'm focused on helping create a new level. Of middle-class. Toronto Real Estate Millionaires in the decade of twenty twenty. which is the decade of the podcast? I. Want You guys to experience a new level of freedom. What I want for you. What I want for myself. Is that security. And that freedom. That only real estate can provide. Right property. At the right time. And many of you. Own that property. And you've been sitting on it for. Ten or fifteen or twenty years. I can put you into the next level. This year alone, there's been many that have crossed over from the one million property range. Values into the two million. Many of them. Are, on the. Two Million Dollar Club. Link, that is on my website. So. You'll see a lot of those properties there. So I. Want to invite. Each and every one of you. That owns. Some property in Toronto, the join me for this because you might be in a position. To trade up to the property of your dreams. You might even just want to trade down to a small property. you might even just WANNA cash ups. I'm helping people. Do all of those things as we speak right now? Had over seventy viewings this week from my listings along, just my own personal listings. So the demand is there. And whether I help one hundred of you with million dollar. Properties plus or minus. For, fifty of you with two million dollar properties. My goal is to help. Create. As many. Toronto real estate millionaires in the middle class. Those who are looking to? Improve their situation in life including those who are not in a position right now where they have generational wealth. That is something. They will not teach you in school. And I want to be the first. For those words to mean something to you. and. That's something that you can pass along. To your family, the security that it could provide for you. By simply getting in. To the markets on some level. As the city grows. and. Although it might not seem like it right now. The city will continue to grow. We will overcome. What's going on, so you? WanNa be in a position now to be in that property. That has the most leverage for you over the next decade. I can help you.
"real estate" Discussed on Toronto Real Estate Unfiltered
"I am In the virtual studio today anyways with Allah Lapaz scheme and Robin Daniels. And I want you guys to be able to sort of let people know who you are. I can do it but I definitely I definitely don't mind sort of having that free for all we were just having before we started so go ahead and say Hello Robin please you all right then salad in Princeton which fall so first of all. Thank you for having me on. So I I'm Robin Danielson. That the first time we're speaking live. I'm the CMO over at a company called nine report. And I just joined that company just over a month ago which is kind of wild do so during a pandemic. I've actually never met a single one of my teammates. So far in in person we've just met online through Soom and and virtual me and so it's it's been a little SAR and in the last week alone compared because we actually did a big launch this week And doing it all without ever being in the same room with a first for me but I'm happy to go into more detail about my background. Everything by just want to say. Thank you for for having me. And especially during this time Allen over to U K And so this is Alan Pop. Ski and I am here today to be a villager between these two wonderful gentlemen hall from the Real Estate World and and Robin now entering it you guys will hear a lot today about batter port the incredibly cool things they're doing real estate and I've known Robin for For over a decade from the tech side of things over where I work I currently work at salesforce and you know by definition what we do is help connect people so when I found out about Paul doing this and Robin with with his new job and a product launch. You're going to hear a bit about. I thought it was just the the perfect opportunity to get to friends of mine together. Talking so You know I love Tech. I love estates. I'm happy to lend a hand of this conversation however I is this funny. How life comes full circle? I I met Allen when I was working at sales for over a decade ago I left and the two thousand eleven. I was leaning one of the products called chatter. And I I really got to know Allen and of course I I've been in different companies since then box.
"real estate" Discussed on Toronto Real Estate Unfiltered
"One of those is just an incredible moment. We're celebrating every single time. I see that you guys have listened. I get that little dopamine. Buzz which is in some ways bad but I will take my chances. It's a wonderful feeling to know that something I created is getting such amazing results and it's been a long time in the process. There's been obviously. There's been some people who've come along recently and they are attempting to duplicate the results that I've been working on for the last two years and change Good luck with that. That's like trying to accelerate a relationship. You just can't do that. You have to earn your place at the table for me. This is a matter of connecting with those of you. Who like me that I like and trust me and that I trust and that really is my hidden agenda if there is one with this podcast is. I've connected with so many of you across the globe people that I would never have ever met with just because of the art and of course other things that I've been doing over the years but I'm getting phone calls from all across Canada people asking me advice on what to do now right now especially the calls and the emails. I have picked up in the messages. And all that so they've picked up quite a bit in the last few weeks. A Lotta people asking me Paul. What do I do right now? I just bought my property two years ago. I'm not to sure what's happening with it. How is my equity situation so of course anywhere across Toronto the GTA? It's literally. I I hope that. Already your one. Stop Shop for everything but doesn't matter where you are around the globe. The good news is I've got contacts on every in every major city across the globe so again it's really just a one stop shop. You just have to be listening to me and connect with me head over to real estate. Podcast SHOW DOT com. Let me know how I can help and I promise you if I can. I always will and to me. That's again. That's all part of developing the relationship. So today's podcast is again something that's becoming up a lot in conversations. Paul what do I do right now? What's the best strategy that I can use during a turbulent real estate markets? Okay so there's a lot of people predicting what's going to happen with the market. If you need me to I'll send you a very Telling document that came out a few years ago showing what the experts predicted especially the media ones the ones that sort of jump in as experts for for the purposes of You know the the moments or to speak and almost all of them were wrong. They did not guess right they just basically they just sort of sold you the fear and sold you the doom and you know obviously there. They were hoping that you would you know. Take the bait. There's a lot of people doing that on twitter as well telling you all this gloom and doom and again we're not we're not. We're not far enough into anything. As far as real estate goes for the most part most people that I do my Real Estate Portfolio Protection Program. Alerts for the most I normally do these four the most often I normally do them is every three months so the reason I'm doing them weekly for people just so that they know what's going on absolutely in their neighborhoods because of peace of mind. Not because it's GonNa make you jump for shout or freak out of any kind. That's not again. That's not how a relationship is built. You're not building it on fear because again. Why would you call somebody? Just because of some fear tactic that they that they gave you so. Let me take that out of the equation and give you something better and I think this is the best strategy. All of you can benefit from right now whether you're a property owner whether you're a renter because of course renters as well you guys are. You know it's it's it's tough for you guys because a lot of you done or a lot of you haven't taken my pre rental courses where I tell you that just like the landlord has three. Months or is is trained. My landlords are trained to have three months of rent standing by just in case of emergencies. You guys need to do the same and I would actually double that based on what I've seen so far I don't think any of you have gotten the memo and this is really really scary. But of course this is a life lesson. I hope it's the last time you're ever taken by surprise. And you're in this position so I don't even want you renting again until you've got six months of rent in the bank in an emergency fund that you do not touch unless there is a new another world disaster that comes up and I hope there isn't but nothing wrong with having some insurance that you can actually benefit from same thing with my protection portfolio protection plan. There is no insurance product that will give you You know be able to protect the value of your home at a certain time. That's what my program is supposed to do for you because if you're if you find out that on the week of the seventh at your property value is x. And you decide to sell on on the on the tenth. Decide to list with me this Friday. Which again many of you are getting ready for that. I've got my three crew out there taking photos I've got my podcast. Storytelling sessions all set. So for those of you. Who are you know? Sort of taking this as a motivation to do something but the main thing here is and this is the whole purpose of this podcast. The main word I want you to just think of and it's a simple one. You probably heard it before downsize. Just downsized to the next level that you can focus on when you're an owner. It's going to be you know it's going to involve some some decisions on what space you actually need. So if you're going from your four bedroom house in Rosedale which I've got some people doing that to a two bedroom condo. Because this just time to do that you want to free up your money from the property again. That's a pretty simple move. I do those all the time. And I've been doing those for twenty plus years so those are going to be very simple to do very beneficial right now for a lot of you just cleansing way. And of course. He is a little bit more complicated. You kind of have to get used to the new rules of how things are being done. So you are going to be doing the majority of your you know purchasing of your properties. We're going to be done online. The only part that you're going to make sure that you don't skip out on is the inspection and you want to have an inspector go in there and do their their walk through of the property. That's something that doesn't matter what's going on in the market. I still suggest downsizing for renters. So this is the this is the benefit of my my my virtual rentals price drop alerts. They're just going through. The demand for this stuff is really. It's it's picked up big time a lot of you realize that even before all this started you guys are paying way too much and rent a lot of you. Do not do your comparison you you simply just again just like you perhaps didn't plan your three to six month. Emergency Fund. You've also didn't do your proper due diligence. Many of you that that. That aren't with me that are looking with me. You probably didn't do a top five review before you pull the trigger and read. The reality of it is especially right. Now there are properties available all over the city that are absolutely dirt cheap discounted. You could be saving. Which again is things? I've actually done for clients of mine. I've been able to save some clients up to five hundred dollars a month. With a complete upgrade inequality of living. And I'm talking about a couple that moved from a two bedroom condo in these. This was a luxury property so they were living in a two bedroom. Pretty Fancy Condo. They dropped in price the I was able to put them into a house a detached house the whole thing and they were able to save five hundred dollars a month putting six thousand dollars a month back into their pockets now. I don't know what you're GONNA do with it. I suggest you put it into a special place. I've course I suggest that you put that into your Real Estate Empire Fund but at the very least put it somewhere. That's the real point of my message. Whether it's the downsize of the you know ownership part which I still suggest the smarter choice downsize into maybe a separate property maybe one that's got rental income or somewhere smaller number one number two. If you're a renter and you decide and you and you decide to stay renter then make sure that you connect with me and let me know what it is that you're paying now and let me see if I can help you get a better place if you've got a you've got which is not the easiest thing to do right now but if you've got You know your if your job is fairly secure. You're working from home you've got you've got income. Whatever it is. That's part number one number two you just. You need to have a an average or above average credit report. Okay six hundred FICO score or higher that's going to be again without it's nothing to do with you or me. This is just about what landlords are going to look at an accepts. A hopefully your credit staying in good shape and please keep it that way and then you just need first and last and that basically will get you out of that position you can give right now although your landlord candidate you which is sort of a good thing in some ways because some of you obviously should not be again the ones who are doing your best to take care of the property and understand the needs of the landlord number one. The landlord can't evict you right now. But just remember that when the landlords are when you when you hear the words mortgage deferrals that does not mean a break on the mortgage that actually adds more to their mortgage at the end of the day. Which I guess we're that's going to end up without thinking too hard. Your rent is going to go up eventually because of their additional cost. It's not a solution. If there was a complete mortgage freeze. That would be different. But that's not likely to happen. It hasn't even been put on the table so forget about that bailout happening. You need the focus on you right now and again. Start downsizing your costs. Obviously I want you to do your own budget and find out where you're at with your monthly costs. You should know that right now too. Especially but the down size shuffle. Whatever you WANNA call it. I didn't come up with any special name for it for this purpose Is the first thing you should do and the program that I have developed for that. It's a very specific program. Developed for that is called my price drop alert system so you can actually be looking for a property in the area that you want and that actually gives you all the best properties in that area that are being price reduced and pretty much. I guess you could call it. The ones that have the most motivated landlords and or sellers. And it's sort of like the the one place that I know of because I don't know anywhere else that I that I would find this because I I refer to this daily my clients do as well as fantastic and again. It's an invitation program meaning that you do need to connect with me for me to be able to register you and approve you for the program so as long as those three things. I told you about You've got some sort of a job or income. Obviously that's a big thing. I know it's not an easy question. But you've got to have it You've got to make sure that your credits credit report is ready. And you've got a score of six hundred or plus and then you've just got to have first and last so if you've got those three things as a renter you're ready to go and as a property owner. You really should know where you stand now. So you've got a bit of a wrap a grip on your equity so you know what you could possibly take out. And of course it's going to vary. It's hard to tell you what your end results going to be. But I can give you a number..
"real estate" Discussed on Toronto Real Estate Unfiltered
"I'm going to give you the top five takeaways from the most recent March stats. That were just released by the Toronto Regional Real Estate Board. So that's what we're called now not tread but Turner Rib I guess is the best way to say it. Toronto Regional Real Estate Board. So here's the top five takeaways that you really need to hear about And then the next part of the PODCAST. I go into some more details about what's behind it. So for the first part the sales the amount of sales and this is again in the Again the the entire area that that is covered here so it's important for you to understand that again. Each segment of the market is specific. So the number of sales is up twelve point three percent so disregard what you might be seeing the newspapers or on blogs and hearing about how things are this and that and the other It's still too early to say the overall effects of what's going on with the cove in nineteen situation the pandemic I the the majority of the activity yes was beginning of March And then it slowed down a little bit but overall again the The things that you need to you know be aware of Are are are you know. The the overall I wouldn't even say with real estate stats to be honest. If you're just sort of you know You know checking your investments. What I've been doing this week for many of my clients is their quarterly real estate portfolio protection program updates to make sure that they know what their properties are valued at. And that's usually something that you do anyways on a quarterly basis for some people who are selling I have them on weekly alerts and today was the day where I just finished sending out A tremendous amount of updates for people just to make sure they know where they are and then keeping them in real time updated on. What's going on right within about seven hundred to a thousand meters of your front door. That's part of the very unique system that I've created so I WANNA make sure you guys are part of that so that was takeaway one takeaway two is the number of new listings. That's happened this month. Of course was low so it was only up three percent overall From last year The active number of listings is also down which is not a surprise. If you've heard my staff before so that's number three takeaway. Active listings are total down of thirty one percent. Thirty one and a half as take away number four. Take away number number three three takeaways. Four is the average price which is usually one of the top things you should hear about. But you won't hear about it in a lot of the Podcast or media reports so the average price is overall up. Fourteen point five percents so yes even with again a significant slowdown in March at. They've still gone up but my disclaimer. Is that you need to be looking at things over the long term Of course your property value. You could if you picture. Two identical houses like you know a house Emoji pitcher Toyota. The house's side by side each one of them is affected differently by the market. Because of a you know the value of the individual properties. Mp also what? The person that owns that property still owes and all that other stuff. There's so much more to it. So the two houses themselves could be worth a million dollars but the net The net value of those properties can be very different. So it's very important that again I treat this as a one on one thing. Condos hold lofts. Don't WanNa make sure you guys get that And the last takeaway that I I wanna add to this. One of course is just the fact that You know there's there's always gonna be a difference especially now between the values of semi detached and detached homes the reason why of course you know with detached homes As far as you know how they're doing right now you're looking at approximately a one point four In the four one six area and one point zero five in the nine five for detached homes. The reason I'm still telling people to consider that is for various reasons. A lot of them have to do with. Just the fact that detached home with the potential for income could possibly be the solution. That many of you need so many of you with condos lofts and Sammy's might not be able to get as much Usability from your properties as you would with a detached with perhaps A one or a two bedroom income or something else like that which again. I'm happy to discuss with you in detail. One of those kind of properties is coming up on my My property podcasts in Durham region area. for many of you with condos and lofts for some of you it's a straight trade meaning that you're able to sell right now many of your properties for for a very decent price that would actually get you a detached house in Durham region. So if you're thinking about making the move from downtown Toronto to again about an hour away and if you're able to do that for whatever reason then we should be talking. It's a really strange time for a lot of people to consider a move but For some this is the way to do it. And the only thing you have to be comfortable with the idea of being able to purchase the property using virtual methods. So you might have to get used to the three detours in the pictures as how you choose the property but of course final decision is always made based on the inspection. So you'll be you know making sure that you do the inspection of the property And that might be your first visit. You know physically. But you'll have seen the property otherwise and again with me and my listings. There will never be surprised as if there's anything you need to be aware of. It'll be very fully disclosed as I've always done so hopefully that last little bit is an important add onto The rest of the podcast again. Enjoy your day be safe. Stay home I think that doesn't need to be said but if again if you do need to move. You're not a tree okay. If you if you need to be in a position where It's time to do this then again. This is all being done. Virtually I literally would be on the phone with you at ten. Am this morning And Well on our way to getting you on the market for for Monday. Which is what I do For for people right now to make sure that they're in the best position possible. Thanks well face as always for listening and hopefully you guys again have a great day. Good Morning Paul Andrea. Go here. Toronto REAL ESTATE UNFILTERED the series recording at real estate. Podcast SHOW DOT com. Which is the media channel and the only media channel YOU WANNA BE FOLLOWING. Not just now but at all points in the Toronto in. Gt a real estate cycles. So let me start off by saying you've probably read or heard some reports in the media about massive reductions in sales before you keep listening to this. This is a fact based podcast. If facts aren't appealing to you than you might not want to continue listening. I try to make sure everyone I meet everyone. I speak to every single one of you that I've emailed over the last little while strictly believes that there is a difference between opinion and advice. If you feel there is no difference. And if you feel that the you know the the some of the news channels are doing whether reports followed by You know real estate opinion pieces I if you feel at those are the best source for you I'm worried about you. Don't think it's a good idea. It's your call. If you're a grown up go ahead and make those choices but do not strictly go by what you hear on the news and probably in a good way. It's probably good idea not to listen to a lot of it. So stay tuned to real estate. Podcast show dot com for the facts. Actually two things for the which of course is their. Everybody has the data the differences the analysis of the data in depending on. Who is the one analyzing? The data is going to be what its value is to you. So someone who's never been through anything similar to this and their career might not have the perspective think about a pilots if you are going through a very turbulent weather pattern do you want the pilot with seventy hours which. I which of course is not possible. They have to have more. But do you want the pilot with seventy hours or seventy thousand hours of experience and I don't mean experienced just being you know as a pilot but actually it flight hours. I think that's really important so in terms of the way I do things I always make sure that you guys understand that. I've had twenty years of doing what I do. And I have more flight. Hours THAN MOST. And as far as flying through the turbulent weather That's something that I've got quite a bit of experience with so the good news for those of you going through any of this with me Is that my programs have already been in place. The the the real estate the real estate portfolio protection program has already been in place since two thousand and three. Of course it's changed its adapted. It's improved which is what you know you do with something that works To become what it is now Now it is a super powered a I enabled invitation based program that helps you keep track of your property values without guessing without you. Know getting into that stuff about You know trying to look at the Seoul sides on your street and and Figure that out. That's always been the worst idea ever because in a lot of cases especially during times like this many of those soul signs might not become closed so they might not actually become deals. The good news about me is. I've been doing this long enough where everything that I've dealt with even during the most turbulent times two thousand and three and four two thousand eight nine You can pretty much name. The period of time that you want a name that might have been the most turbulent and every single one of the properties. I handled during those times always closed the reason for the the basis for that reason is relationships. It doesn't sound like the right answer. Might not sound like you know the the the the The thing that you've heard about the basis for me is relationships being able to make sure that you guys are up to speed and I mean real time on what your values are of your properties. So that you're not you know three months behind any changes in your market. You need to be Pretty much on right now on a daily watch which is what I'll send you from from my side making sure that you know everything that's going on on your street some cases you might not see a sold sign and forget about waiting for a postcard in the mail. That was that was dead a decade ago. Some of you still seem to go by that. Please stop doing that. So when you're signed up with me a you're GONNA get that alert system and be. I have a very unique patented way of giving you an idea of where your property baseline is right now. Really important to find out where you are right now so that you can decide where your property value is going so if your for example if you have a a number in mind Over the years many of my clients have given me this Indication that wants my property hits X. Value Sent me the paperwork. I'm ready to sell so for a lot of you. You Might WanNa make sure that we're you know whatever you bought your property for and I hope it was with me but if it wasn't that's fine You know everyone's welcome on this as long as you're not under agreement with an agent right now or under or actually listed for sale. I can't help you. In those cases I still on a regular basis like weekly sometimes get emails from people who've just bought or sold the property and asked me what I think about. The price is not the time I A. I can't get involved and be usually if you're doubting what you did then probably you pay too much or you didn't sell for enough. Whatever the thing is I don't want anyone to have doubts..
"real estate" Discussed on A REAL ESTATE SHOW
"Tom Hanks Character Wilson Yeah exactly in so that's kind of like light. Everyday is a new day so it just go into the positive attitude and don't take yourself so seriously and got one lights smile on you're safe why why walk around and knock over it yeah is it is a glass half full or half empty tactful me Jamaica Yeah. Are you a naturally optimistic person. I think I am I think I I've I'm more what's word practically practically realistically optimistic combined the two. I'm still like a real a more like okay. I WanNa do this but I could put like measured steps together. Go there understand what it takes. I think I have to be optimistic. Martha visionary. Here's a goal in we'll look at you like crazy to attainment coal. If I told someone I'd like five years ago they'd be like yeah and I so you have to be a little bit as a as a visionary to be a little but really optimistic demisgr- things in and then you gotTa Break Gut Bring the energy. 'cause people sense that in you just. Kinda gotTA. GotTa bring the energy all the time. You're you're a leader in the Gernot adopters. All how are other football you can show up. It's like a and I am big into coaching couple coaches. Now I got my. I got a trainer from across it. I'm actually going to go see tonight. He's just like you're not supposed like I could do something as like a hernia doesn't mean he met in the hospital. The do toe lifts or something come on. Put me in coach so so all right so for I that this would be helpful for the for the incident so if you if you kick off with and you might not be on your game or you might have low energy. How do you change your mindset and set midday or you get bad call and you have to jump onto the next call. Enclose a million dollar million dollar deal or something like how can you rebuild rebuild that energy on demand or can you yeah so. I'll go back to some people are Greyish compartmentalization that means they right away. They just snap out of it. Some days. I could just snap out of it other days. I have to refocus myself some. I'm on the Nike or here. GEICO go down in school for a walk. Come back grab coffee or something or more water outsmart their shot even on orkla shop by one Bala just to get out. those are simple things. Sometimes I like books Bug Log. Sometimes I throw like music thrown. Some like loud. Music is really a big thing. Everyone's like Woods Creek doing loud. Music makes me focused do burger or do you just listen not dance. There was no no dancing journal journals awful lot so I have different mechanisms that developed which works for myself. I think we ought to find out what works for South recenter ourselves. I think that's something that's developed. It's not innate. You're not born with it. I think that's something that you just Kinda. You have to grind your own. What what's going to work best for you. I love reading books. Silence will think of the day the books are suggestions on what works the author doesn't mean. It's going to work for you again. other people's ideas other people's experiences. That's great. You get to learn about those ultimately. You have to figure out what works for yourself based in who you are all different so I bit of advice is Kinda. China just tried different things out bar other people's ideas and figure out what works for you got it all right so I saw you looking over at your bookshelf. Read off the top five books that you can see on there. Ah I like how how to think like Leonardo Da Vinci. That's good Love Success Napoleon Hill. I like like this. One called hooked yeah. I got some Robert Green and I got I got a lot of them up there her and then I got some Sun Tzu in the Princeton each other like those guys so chiller just Machiavelli. You've got your warrior section and then you've got all the power of infiltrate nice yeah a lot of good day a law good some of these other guys was a good book in there some traditional stuff on Kaladze Jong Lot of him some writings and Emerson Emerson all right so when you're playing your loud music what's what's your Go-to. Gm like you you close the blinds and you you put on the loud music to help you get back in the frame of mind. What's your go to jam. I just it's like it's more like I don't know. It's more house music. We're trying to house music so it's. Dj's yeah so got the lab job. Get the heartbeat going yeah yeah okay. Gotcha all right so back back to the business side so you're closing out some funds close close to two hundred million dollars under management so what will be the next step you close out these funds then what yes so the next next took three years is do a series of these funds really build out our technology really build out our our data components company on this is very big in this will allow us to build the community. We have a goal in three years. Build our community do three or two hundred thousand customers first and then once we build our communities offering other products that the same criteria so what other alternative investments outside a real estate people who don't.
"real estate" Discussed on A REAL ESTATE SHOW
"You get real estate education out of it as well as US mutual funds and getting return those fines so I kind of look at this something could be with an educational level just starting out or just review Jim kind of later on attribute a little bit older. You just want to kind of try something out. See how it works too so i. I see very entries very low. Make it very educational not Schmaltz to just try it out. See Oh wow this is how it works learning lots. Id it could be a learning tool as well. Neither someone who's done this before or have more ask you could you could put more money in we've had people come in automated through our platform as high as a million dollars was low as five hundred so really it's from from all kinds of stations in life all different kinds of socioeconomic backgrounds not someone pre-qualifying. You say you don't look like vaster because it's the result digital's in the digital world so that's what's great. There's no kind of discrimination. There's no it's a democracy in this whole investing process got it so I can come to the table. Grandma graduate from high school or college and Grandma gives me five hundred bucks. I mean this is hypothetical. My grandma did not give me five hundred bucks but let's just say that happen. I could go and I could try to you know buy something nice and ipod or whatever ipad or I could put five hundred dollars into a real estate investment and become a real estate investor with that money as low as five hundred bucks yeah okay. Here's what what happened. What was going on before for your company came out like what is new in the industry that allowed your company to come in and step in and be able to do this and now you're making real estate investing approachable by the average? Joe People you know who might not know a lot about real safe but they have a little bit to invest yeah. I see where the idea kind kind of came from. I think it was a perfect storm through my story of of just might my journey in life everything at that point in time this kind of logging doc pass the kind of all that coming together so I was taught to syndication business late in the nineteen nineties and there's some very wealthy individuals is really ripois. Club is Craig. Don't share this went. They went out of the of the young guy at the table. I was fortunate. I got like twenty three twenty four years old. I'm like this is great but I saw a lot of things that never sat well. My stomach business was like a very win lose type of model they had always win them and in growing up or that. I had very hardworking parents were class mother schoolteacher for thirty seven years other China's China's retail trade. She's really pretty much living off her pension today more than anything else they really screw up the wealth bladder. Kinda see them kind of always struggled economically at the same time and then kind of going into what I did is kind was perfect storm for this kind of okay I wanNA become successful but Pomona help people out it and learn a lot technology a little bit along the way because as bill might companies over the years has always doing emails nells in databases and what was the first thing I think it was the first friend to have a palm pilot back in the day in storing contacts is running that the late ninety it was a very natural evolution for me to get into technology on things so I was thinking. Oh yeah there's technology their social media today. Alice's there's this new regulatory law there and now I can offer this product to the everyday person all these parts together. My brain's Kinda connected. It developed okay so you mentioned a word syndication. Could you share with the audience what that means and how did you play your spot in that because you were young when you when you got kicked off into that yes syndication for me mind my definition syndication optic. Ralph defined works differently is is in the capital raising world is when you need a raise dollars for something it could be for business a restaurant the real estate deal it could be the start company seeing the lout in you get a bunch of people together any syndicates divided up so he get ten people vini arrays with a million dollars make tangible for one hundred thousand dollars in syndicated deal so it's kind of aggregating funds from multiple artists at the end of the day so. I had a lot of background doing that since the late ninety s as top that business out of structured deals. How's that were cows. How's everything more components complexities of that and basically what I'm doing today is to in that scene thing but on super steroids. It's because we're applying technology is here. Don't do dinners. You don't have phone conversations where everyone's online real time the bank information center over in real all the time so it's a it's it's the same premise that's more kind of online using technology to do things okay so you got the idea. Tell us about the day that you got the idea for for your company or you and your partner like how did you how did you go from. We had the idea to rolling rolling it out because what I'd like to share with the audience is not only the process of you know of building a real estate company building a company that serves the real estate community so loved to hear some your insights insights in the story there. There's probably more stories attached that so so at this point in time I have a an investment firm and let's see I think thirteen or fourteen and for that firm we were buying distressed assets and lending lending on distressed assets then I was thinking I also big undoing a five year plans. I think was thirteen as like okay in eighteen I wanna be all and multifamily just follow up market cycles so I had put all that together and then I saw some these laws get passed popping up and I saw how we had a solicit investors in constraints. We had an analysis ole. Mike God you could you this to light anybody you just gotTa get this all to the SEC in apply technology do it. I don't have to have all these sales people anymore. Complaining About Commission Shacks Uneven Neither. I'm like this is great. That's kind of dawned on me right there. Okay and that's what I kind of. Germany did in like okay. What's the product in I already kind of a business plan together of my five year plan on being bullied the multifamily space kind of had the product. They're on in in place so then it was okay. sense greats not have the idea what I wanna do them looking around me and I have twenty five employees employees to a hired for completely different business tech guys here. I got Nolan tax that was the other thing is like I need to get a security in private equity guy in here to not having on that's like this is gonNa cost in your way to get these vehicles going and complexities of every time Tom I had to hire an attorney. Now everything to do is kind of security and so kind of Sirte I gotta find somebody exit link up with and that's when I kind of reached out in down my partner. It will happen to be a corporate security attorney and became from private equity world as well and had a background commercial real estate so it was kind of like one of those moments like yeah. I'm excited them like a lot of work to do now. I gotTA figure this out. Do I do with Lisa police for my other business business. So short story is I had to wind that went down and started. This went pretty much the partner when peace at times build it up where we are today so now her office eating percent people tech marketing so making the pivot from the traditional world of of how real estate was done right so you'd solicit an investor you'd find a deal and then you'd go out to the investor network and you'd pull out your palm pilot or your rolodex serve whatever you guys had a briefcase full of business cards and you'd start calling on the investors right so now comes technology and he had sales guys like hitting the phone calls being being bang in hint phones all day now comes a day of technology now when you come across the deal. What does it look like for you guys in your company a big difference in the digital age coming in two thousand nine hundred thousand ten that change everything as well. Aso You've I you had the whole kind of the whole world chain so isn't really to adapt that situation. I don't think that was difficult so I think people are more and more are doing more things online the customer they're. They're online more now than ever so it's it's every year. It gets a little bit easier and easier on your customer. There's live data out there and everybody's kind of doing it. In the beginning stages. No is a little different right. You're you're miss mixing traditional ways to do things so one. What we've done is when we got while by the with this current offering is usually what you tried to do is fill the whole fund in six months time period in so we really opened the door stress on June seventeenth is when we lower the minimum to you up to five hundred dollars in we have a six month time periods to fill up so we could use that money to purchase the properties were taken down one to two profits per month now with us close in that fund out in probably in February and so by doing that is every time we I property. We we do webinars throughout the digital world. We talk about it. we we talked about our structures reached process. Would you find such Asian. Shen you realty education advanced education education. what I mean by that is some really big now to perform a work so whatever it is whatever that person business alive. It's awareness New Peoples Lavish is kind of one one one one anchalee buys to that but in some cases we the more complex with that we're using data technologies out there deliver the right context right person so based on what your interest is right kind of content piece so we're really moving shake in with that with that. That's the technology world laid match domestic consumer using the data. May I is like okay. I don't no not this product brand new idea. What the hell you're talking about Drake's. Maybe it's more of a financial literacy content piece first awareness of what this is all about the portfolio's whereas if you're someone who's Magnolia about has no idea about real estate. We'll get the real estate conversation and then there's a lot of people are dislocate eight. You just tell me what it is any bulls in weight point you in that direction as well so it's really a lot of moving parts on around so that's kind of been the first three years assistance understanding building technology around that which is not something like. Ecu that and re time you try to find a developer Google losing office in your backyard steals. Them pays place as much money as forums. That's come to chunks. Today's market is more getting team in place but we got pretty good team in place. We're we're. We're exciting what we're doing.
"real estate" Discussed on A REAL ESTATE SHOW
"Hey there. I really think you're GonNa like this music well. My name is Josh and I'm the host of a real estate show on the show. We're GONNA talk about real estate all the way from general topics renting an apartment all the way to funding commercial deals so I'm going to take you on a journey so we could learn meet some great people and maybe even do some deals together together if you'd like to find out more head over to. WWW DOT a real estate show dot com now onto the episodes. Well hello everybody my name is Josh and I'm the host of a real estate show. Welcome to the show on this show. We're going to have conversations with experts in the industry. We're GONNA talk about real estate all the way from maybe renting your first apartment to acquiring some major commercial properties which just in fact we have some guests on our show today who do just that so ladies and gentlemen to introduce you to some of my friends robin drill to a real estate. Show welcome guys well. Thank you so much. Josh thank you for having us. This is drill a US rob. Thank you very much very excited to see how we can help folks out there yeah. This is so cool. So why don't why don't we start off with this. You know we'll we'll go back and forth ladies and gentlemen listening into the show I'm interviewing guys and we're going to go back and forth to learn a little bit about who they are and what they do so joe. Why don't you kick us off. Let us know who you we are and what you do absolutely drill bass. We work with well-thought man where to begin. I just say I'm just an average guy who who has been real estate his whole life. I've been involved with numerous deals multiple billion dollars worth of deals. I've been blessed to have a wife same wife for twenty four years where Abbas borders. You got a fifty year old who loves it. Just go out and take on some black diamonds occasionally when I can handle it. I just very very blessed individual. I'm actually now fortinet to do something good in real estate. I've always been focused on the commercial side and how to turn a a dollar in real estate which most people are but what what we do have really been blessed to actually.
"real estate" Discussed on A REAL ESTATE SHOW
"Hey there. I really think you're gonNA like this music. My name is Josh and I'm the host of a real estate show on the show. We're GONNA talk about real estate. All the way from general topics like renting an apartment all the way to funding commercial deals so I'm going to take you on a journey so we could learn meet some great people and maybe even do some deals together together if you'd like to find out more head over to. WWW DOT a real estate show dot com now onto the episodes everybody my name is Josh and I'm your host. I'm a real estate investor and broker. I'm a consultant to coach a husband a father and a follower of God so all that wrapped up into who am I right that's Joshes and on this first I episode. I'm GonNa tell you a little bit about me and what I do and why I created the show all right so let's go back thirty seven years from now. I'm just I'm just kidding. I'm kidding. Keep tuning in and don't don't lose me on the first episode. I don't WanNa lose you guys but you know a little bit about my background. I became a real estate agent really elite early on in my life I was. I think I was eighteen years old. As soon as I was able to get it I got my license and the reason I got it is because my my father and I were in construction auction. I grew up on a construction site and digging ditches in the Florida the sign and and Spring and Hammers and then you know we were working our butts off and then you you know like after a project was done we would see this cadillac drive up this person would get out wearing a suit. They would come over handover contract or something like that. Put a sign in the front yard and drive off I was I was looking at them. I was like Oh my gosh. The people who are really making money and I like enjoying life and not digging ditches in the sun for the people who were funding real estate they were buying and selling real estate. They were investors and realtors. I like the people really making the movement where these people doing work from their cars essentially and from the AC as I was sweating I looked at them him and I was like you know what I thought. You guys suck here here. My Lake digging ditches and you know you guys did paperwork can can structured some deals and you guys made some money. I want to do that so I told my dad. I was like hey that's what I'm GonNa do so eighteen years old I got my real estate license and from I'm there my dad and I still weren't we were in construction and in a kind of sat for a little bit because I really didn't know how to get started. I had my license and and here's what some investors early on did they. They saw a young guy trying to make money in real estate and they're like hey. We got some work for you. Are you interested in doing some investment work and I was like yeah. That sounds really awesome. Now you know early twenties now. I've been doing construction for big going to college and I have an opportunity to work for an investor little. Did I know I was doing about to do some dirty work so he said okay. Here's the thing is we we buy and flip properties and every once in a while we need someone to go clean it out like get rid of all the big trash you don't have to sweep it or clean it like really just lift up heavy stuff and throw it away because that's how the NFL's like yeah that's amazing and they're like and you can make five hundred bucks. You know it might take you an hour might take ten hours doesn't matter you'll get five hundred bucks regardless. I was like that sounds great so I'm sure you understand where this is going. I you know they gave me an address. I pulled it up and I and I pull up to an abandoned mobile home and you you know like the smell hit me from even before I even got out of my my truck and I walked in the House and oh my gosh like they were rats needles all sorts of this crazy stuff so this is. This was my first experience getting into real estate. It wasn't driving in a Cadillac. I wasn't structuring these deals. I was cleaning out repos and foreclosures and flips so I cleaned that up on that. I think I lost money because of how many times I had to to go back and forth to the dump and rented dumpster and it was it was just ridiculous but I got some experience working with investors so from there my father and I were we're still doing some construction like had we need to do. Is We really need to work with these investors because you know we're remodeling old houses his but what if we were flipping houses we could be a part of the what they call profit and you know. I just read this Book Rich Dad Poor Dad. I was in my early twenties. I read this book. Okay Dad Pretty much employees. We need to become self employed business owners and then one day be investors ourselves so I connected with my dad. You Know My dad does some investors and we went from swinging hammers fixing up old historic houses to build an multifamily units and I was like yes. This is it. I was like we're going to be enrich and he's like our Josh. Keep swinging the hammer so I worked my way until finally I was like adhere. I'm going to go do this on my own and and my mom became a real estate agent in it's hard to compete with your mom so she got all the listings of the of the duplexes and triplex and quads and I went back knocking on indoors flipping houses on my own so this was this was my first star into real estate and I would go into a neighborhood that would look for a house that was pretty run down and I go knock on the door and I didn't know what I was doing but I didn't know any different so I thought that was normal. I thought normal people just hey. They see something and they go knocking. Adorn born have a conversation with them so before you know it. I was working with other investment groups and I was just you know trying to do this. I was working you know at night at a restaurant and working for investors during the day making you know making okay money but like not enough where I can quit the restaurant and I'm I'm no worst worst server in the world. I constantly forgot peoples orders even if I wrote it down like I'm just not good order-taker like asked my wife if she he sends me to a grocery store even with the list she could document the list and put check boxes next to it and even if I cross it out. I'll still forget something. I just don't know how how the happens all right so that's just not not a good serve. I still have nightmares about you. Know being triple sat on a busy night being a server it. I was terrible at it but since I had a decent personality I picked up a few customers and I had some fun doing it. what I what I found though because I was working real estate at a big you know real estate conglomerate conglomerate one of these chains that you see everywhere and I was trying to list homes because they were like the money's in the listing so I was working with you you know people like Grandma's trying to sell their houses and and all these people and I was getting a few listings but what I found about myself is oh my gosh. I'm working my butt off driving around showing people houses and I'm working with a ton of buyers because when you first starting in real estate they say you got to start with the buyers then try to get as many listings as you can and then you could build a portfolio. Maybe get some groups that buy and sell real estate so I was doing everything the book said and I just found that I'm not really good good at working on the on the normal realtor side of putting up a sign and I was like I gotta find a better fit so I started driving around and I saw all these what they call bandit signs right. It says we will buy your house cash so I'd call him up and I go. Hey guys I'm a real estate agent. I'm young. I'll go knock on doors. I'll walk around and neighborhood hood. Tell me the kind of properties you're looking for and I'll go find. It and you guys could pay me commission. They're like that sounds good for us so I started working for some investment groups and and this was the days where you had fax machines. You know some of you listening might be like what's a fax machine. Josh you're old yeah. I got some grey hairs in my beard but I'm not that old. Give me a little a little credit guys so they would send me out. I would go knock on doors and I'd go into some areas that I don't feel very safe in but you know I learned learned a lot about knocking on doors and talk with people and at present offers and then I got to a point where I would fax in Faxon information to these investment groups and they would they would buy things based on my recommendations like this is really good because I would send them comps and and I just didn't know any bad habits from anybody else because nobody taught we had to do this. I just goes. I just thought to myself you know like these. People are trying to buy things. I'm willing to knock on doors. They don't have the time. I'll go do that so I did that for a while and I'm not going to give you the whole story of everything that happened in my real estate career but just let me let me let you know in two thousand and five and six worked with an investment group and gosh man we built built a tremendous amount of SPEC homes and I lost my shirt and in two thousand six the market really started a crack in Florida for speculation and and it really it really hurt. I lost my condo lost. The truck lost lost some friends who I thought they were friends right but that was that was the time where I was twenty six. Maybe and I'm like like I'm done with. This thing called real estate. This sucks man this hurt bad and that was my first major like financial failure right so I I was young enough. I you know I still lived at the CONDO. I was like young enough to figure out like okay. I could get back up but I want security. I want stability so I got a government job. Oh Gosh could you imagine josh like if you know me listening in late. Could you imagine me working for a government. You know like very very stable very regimented very structured. I'd just don't fit in that very well but I did that for a while but I I I had some really great adventures being a firefighter and paramedic and get into work with some incredible people but have you ever felt like you just didn't fit in what you were doing yeah. I I did because even though I love helping people just constantly felt like I was not where I was supposed to be like. There was something misaligned with who am I hoodoo. I serve urban. What do I do for them that like when I coach my dudes you know in my in My coaching program. I always ask these three questions. Who Am I hoodoo. I serve what do I do do I. That's what I call. I couldn't think of any better name so it seems little ridiculous in sales e but it's like the three pillars purpose so I I really tried to revisit visit like what's going on in. I just knew that was built to create businesses and to invest in people and ideas so it took me on a journey. I built a fitness in this company. We got me into marketing research and corporate wellness. Eventually I worked at Venture Capital Fund built some entrepreneur centers built and sold a construction. Shen company in that I lost my money. A few times usually wrapped around when you have a kid so I currently have two kids and it seems like any time McKay is born is when the financial cops come because the world and the universe could just sense when Josh us a little bit extra stress so one day if my kids are listening to this and you know thinking about dad. All the financial troubles were around when you guys were born. I love you and it was all worth it but man you guys cost money all right so fast forward. I landed back into into Orlando. Actually I was.
"real estate" Discussed on Real Estate Mastermind
"Let me pull it up. It's kind of cool. I go through these. I get him in all the different programs that I have. Dum dum dum it's one. Where's the Sweden? Here we go. You can contact them if you want. It's Christian. Eric's in e. r. I k. SS oh and Christian with a k. so I'll hold this up here this little. I don't know if you guys could see this when we cover a cell phone. He could what's app to. I don't know if he wants to see it, but you can Facebook. Oh, that's not an actor. That's not a fake account and what it says. There's little small finally, close my biggest deal ever. Sorry, not seventy thousand one hundred seventy one thousand. I will tell you my story how I did it. I used to work as a carpenter at a big company here in Sweden, so tired of my day job. So I sold my apartment cashed out anyway. He has this whole story. He went to Sweden. Oh, here's a picture of the check to it's kind of cool right there. You can see it. He has it in Swedish dollars, but it translates in US dollars into one hundred seventy one thousand US dollars. It's a lot more in Swedish kronor. It's like one point. Three million sounds better and Swedish money in Norwegian Swedish money. But that's results like that's what I'm trying to desert. I'm trying to pound into people's heads in the world nowadays because so many people talk or they work hard, but like we'd have nothing to show for it. This guy has something to show for it. Zach went from making five thousand dollars. We have his tax return from two years ago. Five thousand last year AGI that's as justed gross income is at three hundred fifty thousand roughly good money. It's about thirty thousand a month. So next, what do you need to know about leverage? Okay, I just call this. You can call this different things, but you have to understand basically you could call it archetypes, but that's more fancy words. So I'll just call it tight. AP's, you have to understand real estate breaks into many, many, many, many, many types of real estate deals. So for example, I like divider all land or farmland develop it. There's people who are buying in flipping properties. There are people who doing something called wholesaling. That's where you don't even own the properties, but you make money without owning. There's people like grant card own. He really likes multi unit properties, so he likes to buy a -partment complexes. That's his thing. There's apartment complex. So there's many types, and we're going to go into some of those. Like I said, the basic, the most risky is land, you know, land and development. And then of course you have flips, you have rentals where you're buying a house holding onto it. You have multi unit. And then of course you have commercial and then you have something called wholesaling. So these. Are all the sub types of real estate because a lot of times people just go on doing real estate. I wanna get into real estate. Well, that's not an accurate way to talk about real estate. Okay. So you understand leverage, then you understand the types. Then the next thing you have to understand is you understand negotiations and sales because no matter what you do, I like to call this persuasion because. Any of this type of real estate, even the leverage when you're working when you're getting people to give you money or we'll talk about how to improve your credit score. I've got a credit program mentor program. That's insane results. People are doubling their credits going from like four hundred, eight hundred, maybe not four hundred eighty. Let me take that back like six hundred to like seven eighty. It's huge amount jump. Okay, not quite double, but you have to use persuasion for that. 'cause at the everything in real estate, even really think you're dealing with land, you're still dealing with people. So good real estate investors. What you need to be mentor on is the art of persuasion. And then the fourth quadrant here is marketing, okay. You need to be a master marketer. This is one on one one on one sales, but marketing you need to know in these are the new rules of real estate. Remember this is changing like. Companies like Zillow, for example, are changing the world people how people are finding properties is changed. It used to be had to use a realtor. You did all this old school stuff, but there's a whole art of marketing either a deal you have or using marketing to find deals. Zach is an expert in that he and understands how to use persuasion and marketing to find deals preferrably off the market. I'm working on two big deals right now. I can't say how I don't want to say which ones they are because they're really cool deals. Some of them have been on my Snapchat. You've seen ninety three ninety seven acre piece of land on developing, but I'm working on some big ones and they're off the market, and that's way better because you have no other people competing with you. So if you understand these four things and there's other things that I have in but put in here, but this union contracts, I've kind of put contr. Acts under this area here because contracts at the end of the day. Negotiating. Right. You're even though you need to understand the legal side. So the legal can come in here too. That's another thing. So I wanna take a few questions. I see a ton of questions coming in. We're live on Facebook, YouTube, Instagram, Twitter. I haven't been live in a while. I've been travelling. Someone said tied like to attend your class, David Leone, motivate me. Hello from Nepal? Good evening. Can I come to your house. I made three million dollars. Who someone said, bro. I'm strapped on cash. Someone says, what's the best places starting say? So let's jump into this. These are the four quadrants you have to understand, but let's talk about practical results. What here's my challenge to you guys, there's going to be probably at least ten, twenty thousand people watch this on all four platforms plus my website live. Okay. I would like to challenge not Ed, like I said out of ten thousand people Gimmie three hundred people just like the movie, three hundred who actually go out. Take action, start investing in real estate. Some of you will flip some you will buy and hold and run out. So you do multi, so you buy land. I want to challenge you who's three hundred that are going to get results. So like I said, let me pull up this video. This is a cool video. Let me let me turn on. I'm gonna turn on this video here. I wanted to show you. This is from yesterday by the way, these are not actors. So I'm gonna pull up this one with Hayden if you saw his live on my Snapchat yesterday, but in case you missed it. All right. I'm in. Yeah, we don't superior investment properties. We joined tying Kohl's real estate program about year ago. Yeah, we used to make minimum wage now we're doing over seventy thousand a month. Six figures on a good, so awesome where you got lip south Seattle, Washington. So are you buying real estate where everywhere? Seattle King County, and we're working with two snooker as to what are your parents think they love of? It ended up for. They were out that like did you drop out of college? Both that he I dropped out right before, sorry. So if you can't hear Hayden biz partner, they dropped out of college. Now I'm not saying you got to drop out of college so their parents were mad at first, but now they're making seventy thousand a month on average and on a good month, they're doing one hundred grand or more six figures there just in a small party, it's not even a, I mean, Seattle's, moderately big city, but and they're not just buying in Seattle, twenty one years old twenty one years old. Snit started out reading a book. Then they got in my real estate mentor program in that was I think either the end at twenty fifteen or twenty sixteen I can't remember. It's been four. But you got in the program. Did you get in what month? The first month? Second one, probably see. They dig out results is that thing. They got results because they actually did stuff. So for all of you watching, like please actually do stuff. And if I could go back in time and be in highschool again or junior high, I'd be like to my teacher. I'm like, can you take us out? And we do stuff, don't we don't need to be lectured about real estate? You know, you can buy real estate if you do it with a parent or an adult before you're eighteen. There's guys one of the most famous people in the US history JR imply he bought who's buying up land in business and properties when he was eleven in Idaho. And guess what? If you start at eleven, he died one of the wealthiest people in history. Now I'm not promising everybody. Here's you can get rich and all this stuff. But what I'm saying is like. Roosevelt's. Let me go there more. Let me give you another one. I'm not gonna. I'm not going to run these all day, but check this out. This is one of the first people I remember him getting in because he flew out the first month. This is Jose. Check this out. This is cool. By the way we've done our best. My lawyers have actually looked at people's financials so that as best we can verify, these are accurate financial numbers. People could still trick us, but these Josie I've known for years. From Dallas Texans, and I started ties program about a year ago the real estate program from not making nothing to thirty five thousand a month, but now making like ten just to be your first much heated about thirty five. Yeah. So it's averaging about ten ten to ten to twenty thousand like lasts a week ago. Ended up making like twelve thousand. So what's the average your family's made like are you the highest, earn your family? Oh yeah. Yeah, that's like early twenties. Got in a program. Best month was that first month, you know, they say, you can't get rich quick. Well, that's true. But once in a while, you also get beginner's luck beginner's luck. He made over thirty thousand. I remember he brought his. He flew out here. We flew him out. He had a chick is check thirty thousand dollars. I don't think he had cashed it, but he's averaging more like twelve thousand a month. So sometimes you got with real estate. You got big months, but still averaging twelve grand. He's he's a Jose. He's Mexican. I think he's from Texas. He made more than anyone is families ever made. It's crazy. He invested, he got in the real estate mentor program for under thousand bucks and he got in it before we had even developed it. Now it's like way more advanced, but he got results because he did stuff. 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"real estate" Discussed on Real Estate Mastermind
"His dad didn't give him the money, but his dad gave him the information. What I need each of you to get is like to stop thinking that this is crazy and get the results for yourself. Break this down for you because for some bizarre reason, real estate is taught zero in high school, junior high, and even in college, it's like there's not. They're not really unless you go for an MBA. They're not teaching real estate at all. So people are one point, two trillion dollars in debt for an education that left out. Maybe I don't know if it's the single most important, but certainly one of the single most important things you can ever learn if you want to be financially stable. Now, if you don't care about financial stability and you want to be stressed and freaked out for the rest of your life, then please ignore everything that I'm talking about. Now, if you think everything is a scam and then also please do not watch this butthurt. People never get results because they're always butthurt. Cynical. People don't get results because they always miss the trends. Because when the trend comes, they're like, it's like when the internet came a whole literally mill. Of people won't be big then now they're all band Wagner's getting on real, you know, and this is same. We're real estate even though real estate's been around for not just years or decades, but it's been making people rich for millennia. Read backed Roman empire. People were buying up real estate, Mark Twain said by land, they're not making any more. So no matter what happens unless we go to Mars, Elon Musk, but I doubt that's going to work out very well. You can buy land on Mars all on planet earth. I'm good with that. No offence to anyone want go to Mars, but. Here is kind of how I think about real estate. So you got a master these four components with real estate. Okay. And the first one is you have to be a master of leverage and this right here is what makes real estate work. There's really nothing else and remember I'm a businessman. I've always I've been for over a decade. I've been a part time real estate investor. I've never made real estate my primary business because I like to start businesses. I'm an entrepreneur, but I've been in real estate. Like I said for more than a decade always had some real estate. If you've been watching my social media recently, you've been seeing properties. I've been buying around the United States and nothing else. I do e commerce, social media business. I can't get leverage and I'll explain for those. You don't know what this means. We'll go in depth what I mean by lever. So leverage is the first thing. And there's things inside leverage like your credit score. Okay. Collateralized loans. We'll just put collateral based loans, banks, all this stuff that okay, but that's kind of like substance of this. So that's the number one quadrant that you need to understand and I'm gonna try to do my best for those of you. I'm going to towards the end of this. I'm going to open up scholarships. So like I said, this has been closed for years if you want to get in. So maybe you weren't able to get in the last time because it was a little bit too expensive for you. Even those is not expensive. It wasn't even the cost of a community college class, so I but I know somebody you are like me when you got started, you're completely broke. So I'm gonna do partial scholarships. I'll put a link up, but before we get to that, let me explain what you gotta learn because I can't teach you everything. Give me eight. Give me about eight weeks in the mentor program. We'll teach you pretty much everything know in real estate train you, but not just teach you. So you have head knowledge. We get you results by the way. If you're in the US this works outside the US. One of the top students in the first real estate mentor test group that I did, he's in Sweden. He may seventeen thousand dollars is first month. He sent me, I'll I'll pull up. I'll actually show you and this. So this is working in the US and outside. He sent me a screen shot of seventy thousand dollars. Check that he did. I keep this little real estate testimonial thing on my phone. Let
"real estate" Discussed on Real Estate Mastermind
"These events coming up do you wanna tell you what we just had one last week we had 10 story at our event tempt stories oprah winfrey motivation inspirational coach oh wow i heard that i'm actually going to him tonight why am i wasn't beverly hills snakes us pitching development deals to three of my investors here in la and it came to pitch at the tightest so stay tuned and i'm actually gonna seat and tim story tonight at seven thirty at the guilt theater he speaking with a couple of movie producers tonight inspirational coaches so i'm going to be there tonight yeah he was at my event last week speaking lewis for my members and no i'm back in their really hills supporting him in his endeavours urged very true i will so actually heard yu talking earlier about cut of the power of networking and and really using that so what what are some may be cool things have happened in your career you can maybe share with us absolutely a lotta people he's asking this question quite network so much when he talked tell his people in the industry what are the real estate agents can i do for you or are they buying for me or they selling for me on now the power of networking is to really to pick and choose where you want to spend your time with who's going to be there when other agents are going to be there because you never know what agents going to be on the other side when you have a buyer and you know that aging is built a relationship with them you seen him at network events and you could put a deal together but one cool thing that has happened to me because of networking would probably just i mean i've recently met as the nbc producer for the secret lives of the super rich which is an awesome real estate show if you haven't seen it.
"real estate" Discussed on Real Estate Mastermind
"The odds of me gained by myself is not very high because i'm just muted the industry but i know you rock this market which you mind coming on this listing presentation they will do fifty fifty on this deal fifty percent is better than zero percent and that is how you're going to get started with your name and ministry of how you're going to build confidence and that's how you're going learn and guess what that deal because entire second deal and you start really getting comfortable doing it on your own but i tell people why not partner up with another risk asian that's killing that market one this is terry on the head consultant here working directly with mr thai lopez and today we all very lucky because we have erica a ruined a real estate agent in san diego and we're basically here to talk to her about how journey you know some of the stuff she's gone through us go from strength to strengthen last few years and i'm looking forward see sharon some of that information these stories with the guys side welcome erica how you doing today ending lower thanks for having me i am really honoured to be here hours lovely to have you here and while you offer we kick it off watering you may be tell us a little bit about how you go into the whole real estate game and how came up yeah all my gosh yes how i got into the real estate injury industry it was about how i would say two thousand five i was working in the bank so is a freshman in college living the dream the college dream in boom i got pregnant with uh my daughter eighteen year old freshmen in college pragmatic that what am i going to do i am working at a bank part time 'em in college fulltime and at the time the real estate industry was really really well before the recession and a friend of mine said look i worked for mortgage brokerage company were hiring processors your income it has no cap.
"real estate" Discussed on Real Estate Mastermind
"Them cents however for your real estate business especially owning rental properties you will never be considered a big business you have to have over twenty five hundred employees to be considered a big business and guess what you can be making two hundred million a month investing in real estate and still not need 2500 employees to do that so see corp is a great option i'm not going to go deep into it it's a great option for other businesses but for those of you that are in this real estate program to learn how to have a real estate business to learn how to buy and hold real estate than a see corp is not your best option so just to recap to close this conversation out number one best option for rental properties is an llc best option for a flip is an ask corporation and you know what they actually make it really easy for you check this out when it comes to watch this long term it's holds longterm holds you do inside an el al's c is the other do then and when it comes to short term flips you do it inside an s court so that's an idea that backwards that's whatever that's an easy way to remember that short ask corp long l l c that's all you're going to want to use now egmont attorney absolutely not mi cpa absolutely not but guess what ever real estate investor that i am friends with that is doing at a high level does it just like me i have one of the smartest most talented real estate attorneys and the whole freaking country working for him has his own law firm but he's my attorney this is how he set it up for me and again the whole point of the section wasn't to be your attorney wasn't to be your financial planner wasn't to be or accountant it was to tell you what these things are and what those of us who are doing this business at a high level how we structure our assets our taxes are things like that and then to continue to emphasize before you implement any tax or legal strategy g always always always consult with a tax attorney or cpa or a real estate a turning before implementing anything he just learned in the section