35 Burst results for "Real Estate"
Arizona Attorney General Mark Brnovich Brings Lawsuit Against ASU
"Okay, so now I want to get into where you can talk a little bit more about this. Is that right? Yes. Yes and no. I mean, we should preface this with well, let me preface it for my personal opinion. I think colleges are ripping people off. Yes. I think it's become a legalized scam for a lot of young people and you and I kind of hit it off when you started to say, well, Charlie, you don't understand what ASU has been doing. And so this is kind of like the third rail in our office here because we have so many that went ASU and they have some sort of loyalty to it. You want ASU to support a sun devil. There you go. And so for me, I just think they're ripping people off, families are going into debt and it's not right. The floor is yours. Walk us through what you're doing from the attorney general's office. This issue. And let me just preface this by saying that in the difficulty is, look, I literally the university and their law firm Perkins cooey his father more than 200 page bar complaint against. And people don't know that. And even my own lawyer has told me not to talk about it. I've been told not to talk about the subject, and that's why just this past week, the state Supreme Court accepted one of our cases for statesmen court on one of our lawsuits against the university sweetheart real estate deals. They accepted that case, and so then you get folks at me as you criticizing a saying stuff, but I'm not allowed to say anything because I can't I'm a lawyer so they file bar complaints every time I say anything can I say something about that though, which is that this is exactly what they do. Anyone up and down the conservative ladder and I know you have to be careful commenting on this for obvious reasons, but they go through the politics of personal destruction. Yeah. Like, you start to investigate something we don't like. We're going to use Perkins cooey or whatever coy, which is Hillary Clinton's like favorite law firm, by the way. Alongside, you know, the other one she used to use all the money that the dossier but Facebook uses Perkins, you know, Goldman Sachs does all of them to try to go after you to try to suppress you. And that means you're doing something significant. Well, I'm going to tell the folks from the university and from Perkins cooey. That means we're going to have to listen its entire podcast. We're going to have to listen to this because this is what happens. They listen to me whenever I talk about them, and then all of a sudden there'll be some things like this on, you know, this show would ever. So I have not actually talked about this for a long time. So thank you for letting me talk about this because I feel like it's been before and so this our lawsuit actually began or my fight with the universities began. And I didn't want. I mean, you've done amazing job amazing work exposing the hypocrisy and the left wing bias universities. I did not feel folks like you were doing it. I did not want to become this anti whatever higher education person, but what happened was we were involved in litigation is all started. The universities, here in Arizona, we're giving in state tuition for people that didn't have legal status. So we literally in 2017 went to the Court of Appeals we won. Three nothing at the Court of Appeals because voters in 2006 in Arizona had approved a ballot measure that said, if you do not have legal status, you can not get in state tuition. Period,
With the World Distracted, a Degenerating China Intimidates Taiwan
"But the situation in China right now has gotten very serious and I'm just stunned more people aren't talking about it The place is degenerating into madness The real estate market is collapsing Everyone is invested in their real estate market because there's no financial system to do IRAs or anything like that The country is going to descend into chaos if they don't clean this mess up soon So I believe they're doing this with Taiwan right now to distract their population from the domestic madness that's happening on its own sure and to distract you from the bombshells that are about to drop about coronavirus One of them being that it's now clear as day the Chinese Communist Party engineered this virus that has killed an infected millions millions of people and they don't know what to do to make this story go away So the best way to make it go away is oh what the hell Maybe we should just invade Taiwan We got domestic strife anyway What better time Screw it It's not going to get any better and you got this feeble bag of bones in the American White House He's not going to do anything about it
Judge suspends Britney Spears' father from her conservatorship
"Spears is free from her father yes yes so. A judge ruled on wednesday to remove her father as her conservator saying the situation is toxic. Literally the judge said that. I don't think she meant to be funny. But oh my gosh really worked. Did they die earlier this month. Britney spears his father jamie asked to end the the controversial thirteen year conservative ship. He will now be replaced by a temporary conservator. Who's a certified public accountant to take over his daughter. Sixty million dollar estate so as part of his suspension he will have to hand over all records to the new conservator back in july. If you guys remember this britney spears broke down at a hearing saying her father has ruined her life by controlling everything from relationships to having more children to work mincemeat horrible right for years. Britney fans have been protesting this conservative ship using the hashtag free brittany in the belief that her father was exploiting her a termination. Hearing of the conservative ship is actually set for late december but will most likely be moved up especially after this news
Trump sues niece, NY Times over records behind '18 tax story
"Donald Trump filed a one hundred million dollar lawsuit against his knees and the new York times on Tuesday over the disclosure of his tax records trump's lawsuit accuses Mary trump of breaching a settlement agreement by disclosing tax records she received in a dispute over his father's estate the suit accuses the times and three of its reporters of knowing the documents were confidential and getting them from her anyway the twenty eighteen times story challenge trump's claims of self made wealth by documenting how his father had given him at least four hundred and thirteen million dollars including through tax avoidance schemes merry trump identified herself as the source in her book which came out during the presidential election saying it was too important to stay quiet Julie Walker New York
AOC's Bill to Extend Pandemic Unemployment Benefits Spoonfeeds Socialism
"On it. But another big story that has been the talk of the town today and I'm no, I'm no Larry Kudlow right when it comes to financial news. But the Dow tumbled 900 points as Wall Street's fears turned to China. Jane and this is bad and the reason it's bad is because people are losing their shirts. And have the potential to lose their shirts. Now we saw this. This plummet in Wall Street. And it's because of all this speculation over ever Grant this Chinese, this huge Chinese company that owns tons of real estate and is slowly becoming insolvent. And this is a problem. That is not only going to affect China's economy and send a massive blow to their economy. It's going to send a massive loader our own economy. And In the midst of all of that AOC all out crazy herself. She is, I guess. Maybe, um, thinking, let me take advantage of every good crisis I can find. And she says, you know what? We're going to extend the pandemic unemployment insurance, and I say, Hey, let me get some of that right there Giving out everybody Let me get some. But AOC. She's going to introduce a bill to extend pandemic unemployment assistance benefits, which expired in September. She talked about this last week and talked about introducing and I think, put it out there, but She's back. And she's saying this, uh, virtual town Hall. Sand, blah, blah, blah. We're going at it. We're doing this thing. Now I think that she may gain some traction with this. I'm not sure. I really don't know. But I do know that if we continue to do this The result is the same. And what I mean by that is Money that's constantly coming in from the government that isn't being earned by the people and again unemployment insurance is a different story. But that may be the easiest way to spoon feed
Stocks Drop the Most Since May on Worries Over China, Fed
"Hi Mike Rossi a reporting stocks dropped the most since may on worries over China and the fed worries about a potential collapse by Evergrande one of China's largest real estate developers and the potential ripple effects across markets sent stocks tumbling on Wall Street Monday the markets are also worried the federal reserve may pull back its support for the economy the S. and P. five hundred suffered its biggest drop in four months falling over seventy five points or one point seven percent to four thousand three fifty seven seventy three after two weeks of losses the S. and P. five hundred is on track for its first monthly decline since January the Dow Jones industrial average briefly dial nine hundred seventy one point fell six fourteen to thirty three thousand nine seventy the nasdaq fell three hundred thirty points or two point two percent losses mirrored drops in overseas markets hi Mike Rossio
According to the Taliban, They Defeated the United States
"Talk about afghanistan. God fa- sekine piece of real estate. it's never functioned. As a modern westphalian nation ever even under the monarchy the nation. That was home to bin laden and his al-qaeda training camps now twenty years after september eleventh is again under the control of our friends let of corrupt politicians that want to play nice with the west like qatar cy but under the control of people who want to kill you yes. The taliban quote unquote the students. The tally ban the students of islam fundamentalists. They don't hate isis. The same breed is. I says isis may want to be in control but they're all fundamentalists jihadis along with al qaeda. Now they have eighty three billion dollars worth of equipment and training that you pay for. And how are they sending that across the muslim world arab and non-arab. We defeated america. We didn't just defeat the ruthless murderous soviet union with its helicopter gunships and landmines shaped like toys to main children. We defeated the greatest station. I'm seth that's how they're selling it than jihadis are flooding back into this
Real Estate Heir Robert Durst Found Guilty of Murdering Susan Berman
Fed to Review Financial Trading Rules for Officials
"The united states federal reserve is reviewed ethics policy that governor financial holdings and activities of senior officials in the wake of resent disclosure that to regional fed presidents engage in extensive trading last ti- financial disclosure form shows arabic's coupling president of the dallas federal reserve bank into into twenty treated millions of dollars of stock in companies. Such as apple. Amazon and google while eric rosengren president of the boston fat traded stocks in real estate investment. Trust coupla hours in green said last week that it trades repeated on the feds ethics rules. They however sat there will sell their holdings at the end of this month and place. In money index funds we truck a wide range of securities or in cash.
September 17th, 1859: Joshua Norton Declares Himself Emperor the United States
"The day was september seventeenth. Eighteen fifty nine a failed gold rush era businessman named joshua norton visited the offices of the san francisco bulletin. He gave the editor a short notice to be published in that day's paper and it began as follows at the peremptory request of a large majority of the citizens of these united states. I joshua norton of san francisco california declare and proclaim myself emperor of these united states. Now not much is known about norton's early life before his time as the self proclaimed emperor but what we do know is he was born around eighteen eighteen to a jewish family of merchants in present day. London when he was two. His family moved to south africa where his father established a successful ship. Supply business norton trying to get into the family business himself but his own ship supply. Company wound up going bankrupt after less than two years by the time he was thirty years old. Both of his parents and two of his siblings had died so one year later in eighteen. Forty nine norton left south africa for good in made his way to san francisco like many aspiring businessmen of his day. Norton had traveled to california hoping to capitalize on the recent gold rush after receiving his inheritance. He was worth about forty thousand dollars. Which is well over a million dollars. In today's money in san francisco. He invested that money in real estate including waterfront property. He also started a successful commodities business selling staple foods like rice and flour by eighteen. Fifty two norton had turned his forty thousand dollar investment into a quarter million dollar fortune. He was now one of the most influential and respected citizens of the city. But in a boom and bust town like gold. Rush era san francisco. What goes up. We'll certainly come down and often sooner than you'd expect.
Who Is Gavin Newsom?
"Newsome. Now who's news? Newsom violated the Constitution was busy shutting down churches, the Supreme Court more than once, twice, maybe even three times had intervened in time to cut it out. He's bankrupt estate. He lived a free life with his family with his kids while he was imposing draconian shutdowns and rules and the rest of the citizenry. Spending is out of control taxes out of control. Not enough water, not enough electricity. Wildfires like we've never seen in California before, not because of climate change, but because of Newsome change. And yet there is a built in Democrat fusion. With government, state government and federal government. And so the teachers union is a perfect example. They don't care about any of that stuff. It is in their personal best interests. Graham made power perspective any monetary perspective. For Newsome to win. They want to control the schools. They want to control the budgets. They want to control their pensions, their medical care their salaries. They don't want to be held to account. They want tenure broadly and early as possible. Tom Newsom is the guy. The environmental groups. They like the confiscatory taxes on the private sector. They don't care how many I believe the state That leaves more for them. They're all in. The mess of welfare state. Many of the people on the doll Including people who shouldn't be on the doll. They know who to vote for if they want more.
What All Americans Should Understand About Black Lives Matter
"Couple of questions black lives matter. What should all americans understand about black lives matter. And where does it fit into america. Organically is it some big plots of the democrat party. Is it just another race hustle. Ethno business also from a new generation of of al sharpton 's or is it truly something organic that is headless like an amoeba way. Does it fit in. What should all americans irrespective of their mellon levels. Think of this thing. I consider The movement behind b. l. m. not a real estate investment vehicle to ensure that the founders can get up home about the house multi worth multiple millions but instead the analog to the militant wing of the d. n. c. for the latter part of the nineteenth century and for the early parts of the twentieth century. The klu klux klan operated to make sure that all americans remembered the messaging the importance of separation the importance of weaken get you. Wherever you are. We can stop that job. We can prevent that opportunity. Black lives matter is working with corporations. It is working with the media. It is working with the academy. It works with government. The sad thing about the bill in movement is it was is able to do out in the open with the klan had to do secretly that danger is something that i hope that we start seeing a pushback. I want to start seeing. And i hope that we start. Seeing companies have to apologize for being willing to associate with racial separatist like the black lives matter
Shortages of Supplies and Workers Will Delay Gulf Rebuilding
"Now the rebuild the Louisiana residents are being warned that repairing hurricane I does damage isn't going to be easy my expectation is that it only gets worse from here that's what a real estate agent research firm chief economist says about reconstruction in the region hit by hurricane ida homeowners have been calling about damaged roofs or to get an update on renovations that were scheduled before the storm Joe Sobel the owner of big easy construction in New Orleans says he's got bad news the job will cost a lot more than usual and take a lot longer and one roofing company owner says I've spent more time fighting with insurance companies over prices than I did roofing houses building contractors were already grappling with severe shortages of workers and supplies when IT hit I'm ready to fall late
The History of Neighborhood Witches in America
"Superstition was common in the late. Sixteen hundreds if something odd or unexplainable happened the automatic response from most people was to blame the supernatural but most scholars agree that these beliefs were merely excuses to help people deal with neighbors and family members that they didn't care for if you didn't like somebody. It was common to accuse them of witchcraft. In the most famous historical example of this the witch trials of salem massachusetts. We can see a clear pattern in the events. Many of those accused of being witches were wealthy and held religious beliefs. That were different from their accusers. Wants a subject was convicted. Their estate would be confiscated by the court and in a community that was known for property disputes grazing rights and religious arguments. That became a recipe for disaster. And what happened in salem happened. Elsewhere around new england just on a smaller scale neighbors accused neighbors constantly. Stories were told. Lives were ruined. It was the way of things. I suppose not ideal but also not uncommon in one story from exeter rhode island. A farmer was said to have been carting his lumber to market when a cat ran across the road for some unknown reason. This farmer immediately jumped to the conclusion. The cat was actually a neighbor of his. A woman who he insisted was a witch she had of course transformed herself into the cats in order to meddle in his business. This farmer though was fast on his feet not only did he see the cat running and then make the connection to his witchy neighbor but he then managed to pull out his gun. He was said to a fired. A silver bullet at the katz. Something well known at the time to be effective against witches and struck his target at that very moment according to the story be suspected which fell in her own. Home breaking her hip. In the town of salem new hampshire a man decided that his cow looked strangely different from how he remembered and he made the most logical conclusion he was. capable of. His neighbor was a sorcerer and the man had bewitched his cow folklore dictated the solution to he cut off the cows ears and tail and then burned them soon. After the farmers neighbor was found dead victim of a house
New Zealand Company to Trial a Four-Day Week
"Right now. A lot of employers are having a hard time finding staff. I'm seeing signs and ads. Promise bonuses for new employees all kinds of perks. Some economists argue that better working conditions could change the game higher wages good benefit packages and how about a shorter workweek for the same pay jets. Lehman has this profile of a new zealand company. That's trying that approach. Few months i've been giving whole question of of how we work quantities. Andrew barnes stood before an assembly of his employees and told them that starting in about a month everyone would work only four days a week instead of five and he'd keep paying everyone their full salary they'd keep all their benefits. You forte's week and you will be five q the balloon drop and confetti cannons right. You know the initial response from the company was not rapturous applause. It was shock and followed by nervous laughter. Because what was the catch. The had to be a catch. This was in two thousand eighteen. Before the pandemic ended the meaning of work for millions and andrews company perpetual guardian wasn't some plucky new startup out to disrupt and shake things up the two principal. Units of my business have been around since the eighties so we are very much old school and trust companies. Aw very stayed dull boring. Dependable businesses estate planning basically synonymous with stability continuity. Doing things the way they'd always been done andrews colleagues were skeptical of his plans to say the least girl italy every single person on my board every single member of the leadership team all four. It was not gonna work. And i was mad but andrew very conveniently owned a good chunk of the company.
How Do We Keep Red States Conservative?
"So people say charlie. How do we make conservative. State stay conservative liberals will self deport. The more of these wonderful laws will pass so right now. Somewhere in menlo park california. Some triple mask wearing vaccine mandate suburban mom who drinks her smoothies shakes and goes to yoga class. Who has a. Let's say complicated. Relationship with her beta male metrosexual husband who works for dropbox. They are looking at real estate right now in texas and elbasan. They're like. I don't know if we want to move there. All of a sudden they might change their zillow search box from highland park texas to boulder colorado and honestly sayonara to boulder the point. Is that for the triple mask wearing vegan smoothie wearing soul cycle attending complicated relationship upper middle class white liberal mom that lives in menlo park and doesn't want to live in california and work tax. Too high she's now going to have a conversation with her husband tonight. Honey i want to go to denver instead. Not texas texas will become more conservative because this is how you repel liberals from moving into your state for example conservatives are not flocking in major numbers to new york and by the way out of all the list of the things that he mentioned love. The pro-life law loved the voter law. The thing that if you want all the sudden repel liberals from your state like mosquitoes have opened carry as soon as california liberals start to see people walk around with guns they will sell their homes and they will leave. You wouldn't believe the reason why liberals have been coming to. Texas is because the haven't been implementing these sorts of laws and by the way securing the elections in texas allowing people to own firearms and to protect young lives that can protect themselves in the womb. God bless texas doing that
Opendoor, Zillow and Redfin Bank Seek To Flip Houses Virtually
"Home. Prices are rising at a record rate. A lot of the demand is coming from city dwellers who to escape to the country or the suburbs but some of the buyers aren't people at all they're tech companies sometimes called i- buyers that buy and sell homes for profit. These companies have been building up their presence in the real estate market for years. But this may be the moment. They've been waiting for so after years of resistance is tech. Finally taking over real estate. Joining us to discuss is are heard on the street tech columnist. Laura foreman hi. Laura hi thanks for having me you know. I think the term. I buy gets bounced around a little bit when we're talking about this market. Can you start by telling us what that is. Sure a ni- buyer is a company that uses computerized data to buy and sell homes and flip them so a company that will ask you a homeowner for information about your house decide. It's worth x amount of money. Buy it from you fix it up just as a home. Flipper does in real life in other words you know. They put nice hardwood floors in or they'll tear up the carpet and put a new carpet. They'll paint simple renovations like that and then they'll turn around and sell it in a very short time period and hope to make a profit on that and who were in the big eye buyers in the market right now so the market leader is a company called open door and they are very much in the market lead zillow which almost every consumer who's ever wanted to buy or bought a house has looked at has gone big into i buying offerpad and then also red fin which again if you've been in the market for a home or look to sell your home you've used redfin before and they are also involved in. I bang
What is the Atvidaberg Sun Cannon?
"Some cannons have been around since the sixteen hundreds some of them were used on ships. The position of the sun triggered them to fire at almost exactly twelve. Pm so everyone on board would know what time it was in the seventeen hundreds. You might also have heard a son cannon in fancy park in england or france or even on a large estate where they were used to signal lunchtime in fact when son cannons were in style throughout the seventeen eighteen hundreds most of them were owned by european nobility and that how a son canon ended up in a small town in rural sweden the sun cannon in all to the body has its own tower. It's up on top of a hill and it looks like a fifteen foot tall version of a rook. That chess piece. that looks like a little castle. it's round made out of brick and there's a long narrow slot carved into the south facing side. It's been here since eighteen fifty three and it was built by the local barron and his family. The all those fats. These days it's cared for by a team of volunteers who call themselves the sun cannon club there a delightful gang of retired people who've taken responsibility for preserving the town's history but the whole organization is totally unpretentious and they're a little loosey-goosey when it comes to the foggy lor surrounding basan cannon but at least three different people including my grandmother told me this story back in the mid eighteen hundreds the barron and his wife took a trip to paris. Supposedly the baroness who was born. A commoner was terrified of boats so instead of making the relatively short trip across the baltic to mainland europe. They'd spent somewhere between two and three years. Travelling to france in a horse and carriage by finland latvia with wayne lia poland. You get the idea. I was able to verify almost none of the story. But i'm told somewhere between one and two kids were born on the way from sweden to france and when the family finally made it there and saw the sun cannon in a garden they thought would be kind of fun to have one of those to fire off parties back at home.
"real estate" Discussed on Real Estate Disruptors
"If you want to sort of franchise. Yeah so in the franchise world. It's heavily regulated on. It's wild steve like the hoots yet to jump through. Basically you have to tell any franchisee everything. They're signing up for. Well it's a subways or papa. John's or whatever it is the fda the franchise disclosure document is where you start. You have to have a call. The attorney that says i'm committed to creating this document that helps the franchisee know exactly candidate the franchisee kennedy know exactly what they get when they buy this box system of a real estate investing or whatever it is and i mean it's an investment with a qualified real estate professor not real estate attorney specializing in franchising. I wanna knows all the hoops language. Whatever even though they're using a boiler town played over and over again. They're going to start. You still charge you somewhere neighborhood. Like thirty fifty thousand dollars to put the documentary. That's right they're not going to do. How long was process for us. It took about a year and a half to take that long but it was really building out maybe from vision to execution was a year and a half but it was know we start the fda one it was what is it gonna take to really build a system that our franchisees can thrive in. And i talked with lots of other. With the connections through cody and i was able to pick the brain of a lot of successful franchise extremely successful real estate investors and you have those natural things. Well what do you do when your franchisees is struggling. And if they don't valet well and they're mad at you intending it can all implode very very quickly and so we really tried to just be methodical. As we were starting the franchise. What does it actually going to take held a meaningful system that others could leverage and build viable businesses out of and so it was from vision to execution was probably a year and a half but as far as building out the documents and all that several months but it's a process and the first franchise to kind of the pioneer they. Maybe don't really get the benefit of the brand name. Sure fiftieth guy gets all that credibility this year. I think we'll hit fifty this year. Bobby incredible oh sorry go ahead so like what value like how are you providing value to the franchisees as far as a brand goes like you know you see some of these guys like home investors right. I mean you got that ugly. Be as i ease everywhere. What are you doing to build a franchise brand in years are on the super bowl commercials on the super bowl commercials. Yeah i was thinking about taking off my shirt and this podcast or something really building the brand..
"real estate" Discussed on BiggerPockets Real Estate Podcast
"Are asset. Sales not stockdale's cells are asset sales. They never had the senate transferability clause in her contract declared as an a grade. The two cents transferability clause says contract transfer basically wholesale deal. I didn't know that okay. Yeah so the problem is is that the buyer doesn't agree to have struck sal and look i got a client right now. This got five thousand customers. They're not gonna go get five thousand consent to transfer. So you wanna make sure your proactive and put that language. And they're also celebrity. Endorsements are huge. We have a client that has products with oprah and strategic will pay a lot more money for celebrating endorsements. Especially i call it digital real estate like when we have radio personalities the celebrity endorsements they can only endorse one real estate company on of time or one skincare line or something like that because otherwise they lose they lose credibility so that's like prime real estate on an ecommerce businesses. Any of those top positions on at azi amazon wayfair etc. Strategic will pay a lot of money for that content whereas selling a huge educational platform business right now and they have so much content and so many books in their pipeline. Now that's a lot. More money was worth a higher multiple geographic sharon..
"real estate" Discussed on Real Estate Coaching Radio
"The number one thing on the list is take a listing that has very high value. Okay, sign a buyer to by our agency, would sell a listing, put a buyer in contract, prequalify, a seller Prospect using this script, same for a buyer Prospect. Here's when set a listing appointment, these are the real things that lead to your profitability. What else is on here? Talking to not just one, but five past clients actual conversations. Same thing with people from your center of influence and the list goes on. So, for example today, I might say, you know what, I have been dodging all of these great expireds from the past, you know, ninety days that were aspirationally priced. Okay. And now I see that they're coming because I listen to expired police dog. And so I'm going to do one full day of nothing but expires. While I get five points for each time, I speak with five expireds. So maybe I get ten points that day and you know what? The next day I might just be absolutely tired of that script and conversation, I set my appointments and now instead I'm going to, let's see, I'm going to work on my buyer list. I'm going to see who I can get in by our agency jobs. You can mix and matches the point. Some of our clients are are running BPO cash flow businesses BPO accounts because it leads to income but not every day has to be the same, sometimes these guys get tangled up in their head that way. You know, I can't be in that kind of grind. I don't want to be on a schedule. Well, mix it up. Have a game Lafayette but you know, honestly I would say get the hell over get on a schedule. That's what I would say. Truthfully schedule should be, oh yeah, these items but not Tick. Tock novel, you know, playing around getting ready to get started. But the schedule basically is what comes as a result. If you completing your real estate treasure map and your real estate treasure, map is your fill in the blank business plan. We talked about this every month. Cuz it really is the foundation of of your business, frankly, your business and personal life..
"real estate" Discussed on Real Estate Coaching Radio
"Wife. Oh yeah. And he wants to join. He wants to join his wife wants to join the XP, our group, right? So it's probably all of you guys. I don't know if you're talking about real estate, but when you do there's probably more people than you think surrounding you who are getting licensed. So yeah, a little bit of competition there. Well so where do they where the mole people do, when they get into real estate businesses? They flock to working with Buyers, they flock to buying buyer leads and the buyer lead things to become oversaturated or they or they flock frankly to really listen to terrible advice about how they should be building a bridge and and all this other stuff. And you know what July, since we're not talking about our topic. Let's just completely not talk about our topic, okay? So you and I went on a long walk yesterday and Julie and I were I was explaining and Julie and I were talking about cuz you guys know that we're all about doing the real work of real estate. We're all about doing what you don't want to do when you don't want to do it. The highest level, we understand intellectually, everything about what our competitors are trying to get you guys to do about birth. Ending about all the other stuff. I mean, you could argue Julie and I have a real estate brand. We have a, you know, coaching brand all this brand, but Julie and I have not tried to build a brand, Julie, and I have tried to build a really great coaching program and we've done it. That's lasted generations and it has that's going to. Then ultimately basically make a lot of other people earn their see you have successful lives and that is what we have done and what we are doing. And so our brand if you want to call it that it's just as a result of us doing decades-long of doing what we don't want to do and we don't want to do it the highest level. Yes. But but that is not what's being taught. So here's true story, Julian are going on our walk yesterday and I'm talking to Joe about. Do you remember who rolled by in a golf cart? Remind me, I don't remember the boxer kid who just basically. Yeah, yes. His name is his name to let me in a second. Okay, off the one that just fought Mayweather Logan Paul. All right so Julie and I are going on a walk and he's nice. You know why it's cuz he has a nice normal from Ohio named. He's from Ohio, I know that's so we'll have to remember, Logan, Ohio and Ed. Yeah, exactly well so Logan Paul..
"real estate" Discussed on Bo Knows Real Estate
"Home buyers sellers and donors with award winning remax agent bo kaufman. All right. let's get right to the point. I think twenty twenty one will be great. Of course the shit show. That was twenty twenty. Set the bar pretty low. But i think twenty twenty one is even going to be great even if you don't measure it against what just happened. So let's take a look back and recap what did happen. A number of industries like restaurants airlines personal service providers and many others were hit hard by this pandemic. some of them went out of business entire industries had to lay off people. So it's hard on the economy. Why am i mentioning this. I'll get right to that in a minute. Real estate was early on deemed as an essential service. And it's easy to explain why and it's easy to defend this move. A single real estate transaction can be credits for an average of forty thousand dollars worth of economic spinoff that is taxes real estate fees of course lawyer fees moving cost furniture renovation costs that kind of thing on top of real estate transactions can be done in a relatively safe manner open houses aside which have been stopped a long time ago. Realistic transactions tend to be in small groups so one on one couple of buyers and the real estate agent and there are safeguards in place to make sure that the sellers are out of the house during the showing that the buyers sanitized before going in wear masks etcetera etcetera now speaking with several agents across north america a couple of weeks ago. I interviewed nick. Kite of ottawa. And before that. It was debbie drummond in las vegas. I find that The situation where the same all across north america buyer activity remained strong but listings. Were we're lacking there wasn't a lot of listings out. There and winnipeg is no different. Why are the buyers. Swapped will interest rates are at an all time low and with a lack of inventory. What that does is unfortunately create a lot of worse so i took a look at houses that are priced between three hundred and three hundred and fifty thousand in winnipeg and i went back to two thousand fifteen as example so if you had a house listed between three hundred and three hundred and fifty thousand chances where seventy two point. Four percent that it would sell. That's pretty decent number in twenty seventeen two years later. That number was eighty three point. Seven percent in twenty nine thousand nine hundred dropped back down to seventy seven point eight percent this year if you listed a house between three hundred and three hundred and fifty. Your chances were eighty seven point four percent. That's better than five in six. That your house would sell. That is the best percentage that i've found in recent times and that comes directly from the fact that there's a lot of buyers but not a lot of inventory for them to look at when i recorded this episode on december twenty nine i took a look at winnipeg listings and there was five hundred and thirty six detached houses for sale in winnipeg last year. That same number was over fourteen hundred so we're less than half of the available listings. We had just a year ago. What do i think we'll estate is going to do in twenty twenty one. Well i see the light at the end of the tunnel for the pandemic. There are two vaccines in play. A third one is not that far away and it does even rumor of a fourth one so as those vaccine come online and meet the demand of the general population. I think the economy is going to come back even stronger now. Despite the bad times that twenty twenty has produced. We've seen that. There's been a lot of real estate sales. The real estate board in winnipeg is has not done their final numbers yet. But i expect that we're going to see a banner year as far as sales goal. So what's going to happen. Once those industries that have been mostly affected comeback online and comeback as strong as ever. Hopefully but i the reason. I believe twenty twenty one. It'll be a bright one. Interest rates are expected to remain low. Well beyond twenty twenty one and couple that with the higher listing activity. I think it'll be very good year for selling and buying a home in our city in the near term. I believe that the first homes to be listed around february march are going to see incredible buyer activity. I've seen this directly before. I hit a listing in river heights and it was early february and i did have an open houses as well pre pandemic the several years ago and people were lined up down the street because buyers over the winter holidays and over january take a break but then they comeback strong in the spring. Spring is definitely the time to be selling your house in the first place and with this much. Fire pent-up demand. I think this the spring is going to be superb so if you look into cell being early to market might not be about idea. Get your home ready now fix anything that needs to be repaired replaced worn out carpets scuffed or worn out paint and call your favorite realtor for pre listing examination and to get some final tips. So if you're looking to sell your home you showed anytime bulk. Kaufman remax performance. Wealty two four triple three two two zero two. So what have i been up to. December and january tend to be my slow times of the year. And i've spent that time Working on my business. I've recently received a certificate as a luxury home marketing specialist which denotes extra training and education in the field of selling luxury properties. Which in winnipeg is any house over. Five hundred thousand dollars or condo so have received certificate. I'm i'm very happy about that. And the other thing i did. I created a new way to bring out my monthly market updates and these will now be an in downloadable. Pdf format and. of course. I'll be sharing them on social media etc etc. All you have to do is go to magazine dot winnipeg home finder dot com or. I'll create a short. You are l. simply go to bono's dot homes slash. Pdf that'll take you right there. these are going to be downloadable as i said multimedia so when you get your him and you get the market up be audio included possibly video right in in the magazine as well as supporting articles. Let's say it for me. I hope you've enjoyed this episode. And i hope you keep listening into the new year and if you're going out tonight to to party be safe and i will see you on the other side you've been listening to bow kauffman of remax performance realty. Are you thinking of buying or selling a house or condo in winnipeg called bow at two zero four three three three zero to remember bono's real estate..
"real estate" Discussed on Toronto Real Estate Unfiltered
"Estate podcast. Show dot com. You can register in less than fifteen seconds and it makes it really easy for you to take that next step and find out what many others have found out They were real estate millionaires without knowing some some some have sold for a million Some for much more than that. Paul and in some cases There are there are cases where there's people that have made you know even one hundred or two hundred thousand more than they expected and as a result it It's it's been a pretty big change of life for some of them. Mike and i can tell you some of the stories of my clients over the years who had a life changing moments like that and hopefully your one of the people. That's going to be doing that with me in twenty twenty one but by starting now and knowing where you stand is the only way you can know you know which way is up if you have no idea what your home value is. You bought it five years ago. You haven't paid attention you haven't had a report sent to you every month like i do. A report reminder sent sent over to you to make sure that you know what's going on And i'm not suggesting that you need to know every month and this is. This is the conversation i have every day with. You guys is you. Don't want to hear from me every month about your property value and i don't wanna tell you every month. They don't think that is realistic. About as you're getting ready to sell your property it helps to know in detail. So yes then you'll wanna know more and more about what's going on. Bmi detailed sold reports. But normally if it's just for you to know where you stand you know every three months you can reply my regular email and say Sure yeah let me know what's going on And it gives you an idea of where you stand so that you've got the ability the choice to possibly be You know to be able to cash out on your existing property And possibly trade in for something smaller something larger whatever it is interest rates are sort of helping a lot of people make those decisions if if if the move is out of town again it starts off by selling i more importantly than ever you need to make sure that you are selling i not buying. I okay and i'll explain the danger of doing that. Of course when we talk in more detail but definitely selling i especially for those of you with condos and lofts in toronto. You're going to want to make sure that you have a full understanding of the implications of doing it the other way around so make sure that we talk. I that way. I'm able to give you that big suitcase full of money. And then when it's time to buy not only will you be able to buy smarter you'll be able to buy better and the unexplained all that to you again when we meet. I don't want to bore you on the podcast about that so again. There are thousand new. This is according to the november numbers for toronto souls over one million which is Bath from november first to the end of november I have it as a thousand on my stats and this via the toronto regional real estate board stats so got two thousand new toronto real estate millionaires to congratulate i and hopefully you are one of the ones that i'm going to be helping next. They really wanna make sure we talk now. And if you haven't had Some of my most popular reports done make sure you go to reports dot real estate. Podcast show dot com. Start off with that. Start off with the home history report. You can't possibly tell your story or or even expect to have a great soul story unless you know how the story began. And that's what i've been doing for twenty years. I've been doing this in various ways. But i've made the process so simple that it literally is something that you can register for again in under fifteen seconds because i know your time is valuable and i don. I know you don't want to think about this too much And i don't want you to have to come up with reasons or excuses when we talk about well. I'm not really serious about moving. And then three days later. I see you on the market. It's just better to be honest in. This means just starting way before you're ever going to move so that we can develop some sort of a connection relationship and sort of take it to the next level when it's time and once you found out what i can do and what you know i'm able to do for you and of course the longer that we do the build up just like a like a a flight to You know the bigger the plane. The long the runway basically. That's the same thing. goes here. The bigger the sale especially in toronto The better the better is that we start now if you're planning a march sale and you might not know one hundred percent but again. Don't worry about that part just if ready to start taking the steps properly. Now's the time to be setting up for your march sale. I'm just telling you up front with the smart ones are doing. Hopefully you're one of them. Thanks for tuning in. Enjoy the rest of your.
"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?.
"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 Casandra Properties Real Estate Podcast
"And again, the tools of here folks. So and remember the sandy when I start putting in my listings that you have to see and you start getting this hall. Andrea, Jamesy door is he doing this time not letting us into? It's a it's a, it's a good tool folk. So we're going to start embracing it with the everyone should start embracing it. Take. The time to take a look at the tours of you're an agent in have your client take a look at the tours. It's GonNa save you time time the seller's time, and it's going to help drive drive prices. So you're the CEO of Cyborg wh what what is your day like what are your? What do you do throughout the course of a day week month? What are your main responsibilities they're now? Well, we have we have a staff of ten. In harbored some of that is for the molest of course, some of it is for the school because we run a real estate school style. Out of people don't know. But I think we were the first licensed a real estate school in association. Association Related Real Estate School in new? York. I did not know that back about thirty five years ago But anyway So we have a school at does licensing classes for people getting their original licence, and for you know increasing up to the broker's license, and of course, we do continue Ed been shut down like everything else or a while we just we just completed our first virtual. licensing class. Last week. We're getting ready to start the new one we've been doing some virtual CD classes. So is that here to stay now? Do you think the virtual stuff was going to be temporary? Again, I I. It's hard to tell. Okay certainly, and we were having this discussion before. During during. The covert time right now we're we're still in Kobe time where you can open the office and opened the school but everybody has to wear a mask right pretty hard to talk to another person and get a get you know be able to communicate when it is mess. So in that sense I, think the the the zoom virtual is actually a better experience right? I can see you can talk to you. And of course, it's it's convenient We did find when we started doing those those broker meetings and agent meetings that we've been doing is that we have you know. Incredibly more people attending those meetings and we ever do when we. Have a meeting at a at a catering hall and soon serve coffee and Donuts, right? I. If I get forty people at a meeting in that environment and now I get up to three hundred people. Wow. Okay. So it's a lot easier obviously now. Granted some of the time was while we were down and people have nothing else to do and there weren't trying to figure out what they were doing. But even now we're getting, we're.
"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
"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. 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
"On a regular Joe schmo. I know different than anyone else here. We're all the same world up to the same thing. We all want to be better versions of ourselves. Now I'm a few years ahead of some and I've been rewarded handsomely Ford and you can have this too. But let's remember that it all starts the day. One decision we're gonna make now together. Welcome to today's look in the natio-, but I got something even better than a book for you today. I got a real live real estate genius. So coal here is my house abroad them in the backyard is world of good stuff is talked about some letting you win, and we're talking about how millions are made in real estate by somebody who you are firemen, got an accident car accident, drier it in having shirts in a wheelchair. Never knew if he'd walk and now you've done what one hundred, two hundred real estate deals. Millions of dollars also teaches stuff sold over one hundred million dollars worth of products. And so I don't know if we're talking about real estate. Now, here's the deal on YouTube and my podcast like this. I don't put all my stuff just because I have lots of stuff that's only for people in premium program celebrator sixty seven steps. So I've just been reported for an hour. And a half. We'll call. It's so good, and I don't like to put super long stuff on YouTube because people are like ADD. So if you're an accelerator program, you can hear the full version, but this is so good that I was like, I gotta let I got a lot of twelve year old watching. This is the stuff that you need to know. And we've got a friend of yours. A student legacy who's here? He said he's a special dancer dance for Missy Elliott. Last two years made three hundred grand on the side in real estate. So let's start this one and you gotta go this people we want to hear from her busy polls, a busy man. So I convinced him to stay exactly fifteen minutes. I'm not going to fifty. You're in a wheelchair. Not sure if you can walk now millions and millions and millions. What was the first step? Did you just? You didn't have any money. You got an investor, barred, money, soft money. I was getting an education and we talked about that with your accelerator. Video fits. You know, I don't think people really respect real estate. I think that they think because they've lived in a home, probably their whole lives or most of their lives did they think, oh, how hard to be able to buy fix and sell it. But there are many nuances and little itty bitty intrical details of of real estate that I mean, let's talk about the thought has learned through trial and error, but trial and error in real estate means losing. Yes. So I would say before anybody even tries to raise dollars gold, learn on how to present to lenders, and there are many, you know, there's a ton of education real estate. We talked about some videos, but so I would say, and that's what I did when I was in a wheelchair. You just literally simple day seminar. I forget how much aid, but I went, I rolled in wheelchair to a two day seminar. And that was where my real. Career began watching several different speakers on stage and some of them you said, weren't even that good in a like now, looking back, but they got you start, but I was what I could afford at the time. I was just hungry to learn the industry and real estate. I knew that more millionaires recruited real estate than anything else on paper. It's where most people's network can be found. So I said, screw it. I'm in, let's do it. And so I started learning it started learning how to pitch the people started building my network by going to different communities where real estate people hang out was it rea- R R E real estate investor associations, some are better than others. Some are complete waste your time. Others are phenomenal place to network and build your business. But if you want to build a business in any industry, you need to start getting around those people. Right? So if I wanted to go do something unrelated to real estate out, have to find other people in that industry communities to plug into to start building my network. So I would say, number one, build your network number to learn the fundamentals of the business so that you actually have an articulate conversation with someone and not look like a complete novice, which even if you are they, they make it can't really fake real estate because some. Like me will call you out in ten seconds that you don't know anything. Yeah. And so you need to get that foundation, some education before anyone any any industry will take you seriously. So we're talking for the second. So what I'm gonna do by the way guys, I'm gonna put a few clips from the full one. It's so good. So for those of you that aren't in any the premium programs that I have, I'm out of usually don't do this, but I'm gonna put a handful of five or ten minutes of the best stuff we just talked about because you're so busy. I was gonna record a new one, but Cole's got millions to make the best advice you get for people is for people that go up to the true star real estate. My buddy did a deal with Donald Trump. So. Donald Trump, he said, I was sitting outside of Donald Trump's office and Donald Trump was in there screaming at somebody in the phone. He goes all think this is a good day to be Donald Trump dollars Trump. He said, I walked in originally was twenty or thirty minute meeting. Donald Trump goes, I'm busy. You got thirty seconds and my friend had knowledge came correct. As you would say on the street, he came correct. And he impressed on Trump and said, go to lunch. And so you can't fake knowledge. Now I'm going to in this little clip forgot to put some clips on what our future trans. Should you buy. Single family property? Should you pull buy and hold you give some strategies on that. Should you flip stuff? Should you re? Have you doing a lot of way what you're. I've by rehab and sell, and then I buy whole head kind of mid-level, you sit you like, yeah, mid level Fordham, behold homes, you know, somewhere that middle class America could live comfortably. I wanted that price relate to their pans. I invest all across the country. So you know in Columbus, Ohio, we're talking hundred and twenty one hundred thousand dollar homes in southern California. We're talking five hundred eight hundred thousand dollar homes and everyone in between, but something where you know the working class America can nothing like this because you know one hundredth of one percent of Americans can buy this. And so I might be stuck holding onto it longer than I want something they do not trying to get a house like the dude before people see this house now. But
"real estate" Discussed on Real Estate Mastermind
"The odds of me getting gaining by myself is not very high because I'm just new to the industry, but I know you rock this market which you might coming on this listing presentations and we'll 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 then street. That's how you're going to build confidence, and that's how you're going to learn and then guess what that deal because into a second deal and you start really getting comfortable doing it on your own. But I tell people why not partner with another real estate agent that's killing that market. One. This is Terry on the head consultant, hey, walk in directly with Mr. tie Lopez. And today we all very lucky because we have Erica Burundi. He's a real estate agent in San Diego, and we basically here to talk to her about her journey and I, some of the stuff she's gone through Chicago from strength to strengthen lost few years, and I'm looking forward to sharing some of that information. These stories with you guys side, welcome. Erica how you tonight ending loud. Thanks for having me on. I'm really honored to be here was lovely to have you here and well, yeah, food, we kick it off watering the maybe tell us little bit about how you go into the whole estate game in high came up. Yeah. Oh, my gosh. Yes. How I got into the real estate industry it was about, I would say two thousand five. I was working in the Bank, so is a freshman in college living the dream, the college dream, and boom. I got pregnant with my daughter eighteen year old freshmen in college pregnant. What am I going to do? I working at a Bank part-time. I'm in college full-time, 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 has no cap to you process loans. This is going to be a great opportunity for you. So I took the opportunity got trained up for about a week and I learned how to process mortgage documents. And eventually I caught on very fast and I was processing about ten fifteen files a week. And so I work that fulltime. I bought my first house at eighteen years old and then boom, all of. A sudden the recession happened, and they said, what am I going to do? My gosh, and the city I was living at the time. Fresno, California. I mean, if you know that city, there's not a whole lot of opportunity there and they knew I had to get out of there. It was like, I need to go somewhere whether it's more opportunity somewhere a raise my child where she will have more opportunity. So I sold my house got two thousand dollars in my Bank account little profit for my house because I had short sell it and I came to San Diego, and this is before Facebook. This is my space like time. And so I had to like. Yeah, I had to Google map how to even get to San Diego. I remember I was in a U haul. My daughter in a car seat by myself. I knew I needed to go San Diego, never been there and my Google maps printed out and I went down south to San Diego and eventually found myself a job in the IT staffing world. And I worked on their finance department for about seven years, and that's really where I built a lot of my business acumen before I went into the actual real estate industry about four years ago, so worked the whole corporate America. And then I had an epiphany one day, and I said, you know what? I have a long endless affair with love affair with real estate, and I need to go back into. That's really where my heart was, and people thought I was crazy in corporate America, a secure job with benefits to go real estate. It's such a saturated industry, like what's gonna make you any different from all thousands of thirty thousand agents in San Diego. So I said, you know what? You're wrong. I'm going to make sure that I proved myself not only to myself, but to everyone that doubted me and I'm gonna make. Mark in the real estate interest industry. And so really that's what I've been doing. I got involved fulltime in within the real estate industry associates myself with some mentors I surrounded myself with and I always tell everybody you need to surround yourself with good mentors. Before you begin someone older than you someone in your family, someone in the industry and someone out of the industry. So I started for mentors, so I always made sure I had my business plan. I knew what my marketing actions were in a new, what my days look like. And that's what's helped me become successful today is being prepared and having my business plan and knowing where I'm going to apply my my time and worm when apply money. So yeah, so I've been doing full-time. That's kind of a quick synopsis of the. I got into the industry of visuals like you so much for that. I'm going to say that. So that's an interesting mix of how you came up with those full types of mental. Was that something that someone will you something that you just kind of came only me that up fuss who I just always felt like, you know. Why get a mentor that's only in the industry that's just in the industry, why not get someone else that's successful, but not in the industry. It's like an unbiased opinion. And so my mentor that's out of the industry's actually in the music industry, he's from Rolling Stones magazine. And so that's one of my mentors and he's successful and everything that he does just because it's not real estate, he successful in business and he's gone to a certain level because he's very why. So I could talk to just about in business overall and then someone in family because they have your best interest in heart. Right? So I always liked to have someone in my family, and for me, it's my mom. I don't do anything without passing anything through my mom because she always has my best interests. And then I always say someone older because they're much wiser than you know, they lived in an era where it was before technology. It was before, you know, before we could just Google things and they linked to ask them like some basic essential questions, and they have the most simple answers and you're just like, boom, that's the answer. Sometimes it's not. Complex answer when you're stuck somewhere it. It's back to basics and they fill like the older and wiser people know the basics and sometimes that's all we need for our key to success. Excellent. Yeah, we should go used to record a video on that. That's awesome. Yeah, a lot. I've never heard that mixed before it works for me and maybe I won't work for everybody because if you have mentors, you have to make it work for yourself. You have to make sure you nurture that relationship and you meet with them on a quarterly basis and you talk about your goals and make sure the next time you meet with them, you say, okay, where are you in your goals? Have you met them? So you've got to really nurture your mentor ship. You can't just have a mentor meet with them once a year. You really meet with them on a quarterly basis, even if it's just a twenty minute call obsolete obsolete in exit. Cool. Well, let's let's get stuck into analysis what you know. Let's let's get in. So people just getting into the real estate game, you know, and just just getting the ball rolling getting the names out there. All of us thought with that. You know for someone just in the game. What? What is maybe some of the main ways you can stop getting your name out there getting recognized? Absolutely. I remember when I got into the real estate industry had the same question and I hadn't, you know, where do I begin? And I didn't have money for a website. I mean, the websites are expensive. And so when I got into the industry, Facebook came a fad, people were getting onto Facebook more often, and I realize here's a business page. And so I created a free Facebook business page and I'm like, this is great for my sphere of influence over my personal Facebook. I invited everybody to like my business page and of course everyone's rooting you on and supporting you. 'cause you just started this new business venture. So that's how you really get started as far as a social media platform in their free. And I tell everybody invest time on free platforms, Facebook business pages, free Instagram, business pages, free linked in. You absolutely have to leaked in Philly. Lincoln is underrated but overweight, I would say overrated underrated and under used as well. I found a lot of success actually on linked in more than I have on Facebook and Instagram because that's where a lot of the professionals are in. That's where you connect. I think I have over eight thousand connections on there, and it's just anytime I post anything about real estate someone likes and it's just similar to Facebook, so and so like that and it just goes on and on. But I have found so much lead generation off a Lincoln because everybody there is a business professional in every industry sector. It you think Facebook, it's a combination of your personal fear, random people. You don't even know they're living in Maryland and basement. So at least link, Dan, you know, their business professionals that are doing business. So I found a lot of success with that and they're all free. So if you just got your license, make sure you have your Facebook page, make sure you open up a Instagram page and whatever you put it on, Instagram, make sure that you're consistent with it because consistency is key in our business. If you put a picture up of a house and say, what do you think of this kitchen once a month, you're hits and not going to be very good. People are not going to follow. People are gonna think you're credible. But if you're posting relevant content every other day, whether it's buyer questions, seller questions, market trends, houses information about the economy, whatever it might be. You just have to be relevant and you have to be consistent in order for it to work. You can just open up a business page and let it sit there and just because you have a thousand likes, it's going to work for you and you know three months, you're going to be like, oh my God, I'm not getting any business while it's probably because you haven't posted consistently and you haven't been giving relevant content your consumers. People want information people wanna, see pictures, people wanna, see video, and I see a lot of agents post like long, long, long, long lengthy like messages. And I'm like, really in our in our era, people just want video content even want picture content. People are clicking. So why don't you just put an awesome house on and say, what do you think of this color paint for this house? And I guarantee you're going to get engagement, gonna get people responding, and it just goes on and on in the new speeches, keep it simple, keep it clean and keep it relevant, provide value. Yes, yes. Only the industry expert people are going to trust you, so make sure that they trust you and you know what the heck you're talking about lot help. Absolutely. Absolutely. Definitely. What now add to that actually, the next thing to do I know you show your real estate business and nobody tells you how expensive it is to start your real estate license. You gotta get business cards. You get your websites. You gotta pay your molesters, your quarterly, do your lock boxes. There's just so much affront cost to be a real estate agent. So I tell people, honestly spent hundred and fifty bucks on the logo for yourself. Not your brokerage people like to brand their brokerages all the time and I do too, but to a certain extent, I like to Brown, Erica brunette, E that's my logo, logos one hundred fifty bucks on it. I stamp it on my business cards stamp on all my social media platforms. And now everybody knows me for who I am. They don't even know what brokerage I work with for sometimes I think it's so critical and so important to brand yourself, spent one hundred fifty bucks, create a logo, put that on your business cards. So I think that's really easy way to start getting yourself out there in branding yourself as a real estate professional. Excellent. So. Two big point Saif off. Will you guys getting into real estate? Is fussy gallon link pin? Probably that's the one to be in right in a second talk about maybe if you use any of the other ones, I'm not sure if you do us any of the other platforms, but then on top of that, you want to brand yourself. No. Just your brokerage, Brian's yourself with a bad ass. They right. That's what you can do right now. Oh, how did you come up with the local? Did you use like ninety nine designs dot com? Yeah, I have. I have found that I think I put it on Facebook. Anybody have a marketing designer and somebody tags somebody the Power of social media here tax somebody, I contact her. I interviewed everybody that tag somebody, and I just wanted to find someone that was good fit that understood my vision. What I was looking for someone that was long term for me, someone that was going to have time for me. I didn't want somebody that was too busy that if I requested something we're going to be a week turnover. I wanted some of those really gonna invest in my business just as much as I was in invest in their business. So she's a single mom. She has kids, she does it part time, and I loved her design is very modern contemporary, but professional and it wasn't too Messier clutter. I see a lot of logos or just all over the place too much. So yeah, I chose her in. We started working together and she's awesome. Very cool. So soc through social media and found someone also just another one. If you all looking for a logo and you can't find that using social media, amazing sight is nine thousand nine designs though call the one I've heard of that. I'll have to check it out. Amazing really, is I have a side business. I'll go the old Amazon FBI thing and they basically poked graphic designers all over the world against each other competing for your business, how you can have a one hundred amazing, graphic designers and there were different levels thing starts out one hundred dollars to seven hundred, and you can get some phenomenal stuff out of that thing to check it out. Check it out. Goose. I yes, I was gonna say nice. Some of the I mean, you've mentioned linked in face because the Asli now you will say, obviously, highlight social media. He's only everything. Do you geese lies on the other ones like Twitter, see, I've never gone used to Twitter. I tried it once and I just wasn't a big fan of. I don't know why we just didn't jive. There's already so many social media platforms. I have to keep track on a daily basis and it's all different content every social media platform. So it's just one less that I just never really grasped onto and just didn't jive with. So I don't. I don't do Twitter, but I hear. I mean, obviously Tyler opus has done phenomenal things with Twitter and it's worked for him. But unfortunately, it just hasn't worked for me and everyb-. It worked every social media platform works for some people, and some it doesn't. Killing since I list.