Speaker 1: Watch up and welcome back to another episode of No
Speaker 1: Sellings Podcast with your hosts now fuck that with your
Speaker 1: load glasses Malone.
Speaker 2: He dog back in the house was the deal, Pete.
Speaker 3: We are in fact back.
Speaker 2: House now.
Speaker 1: I don't never do four more conversations on No Seilings.
Speaker 1: We don't never even introduce nobody. But Ray is like
Speaker 1: a solid partner man, and he reminds me of.
Speaker 4: Like you.
Speaker 1: You know, how you meet black people and they're not
Speaker 1: a part of gangs, but they get to get down.
Speaker 1: They not stuck on the space where it's like they
Speaker 1: think you different. Ever since I bet his brother, he
Speaker 1: never made me feel different. He understood that I was
Speaker 1: a brother just like him, and I thought he would
Speaker 1: be perfect for this conversations. So y'all, if y'all look,
Speaker 1: you know, y'all check my podcast, the Homie Raids in
Speaker 1: the House.
Speaker 2: Ray gonna introduce yourself. Man, tell you people what's going on.
Speaker 4: Man, it's rageous.
Speaker 5: I'm out of Tampa, Florida, rap artists, entrepreneur. So you
Speaker 5: know I have different businesses real estate, title and now
Speaker 5: I have my record label, all courtesy of my homeboy
Speaker 5: g giving me the battery in my back saying you
Speaker 5: need to just go ahead and go independent.
Speaker 4: So that's what I'm going right now.
Speaker 1: So okay, you're not supposed to ask this could but
Speaker 1: I just can't help it. And were black, Who did
Speaker 1: you vote for.
Speaker 4: Me? Oh? Geez?
Speaker 5: I actually I actually, to be honest with you, I
Speaker 5: sat this one out, man like, after doing the research.
Speaker 5: I just couldn't feel good about voting either way. I
Speaker 5: ended up sitting it out. I know what that means.
Speaker 4: A lot of.
Speaker 5: People called me and said, hey, you know, you sitting
Speaker 5: this one out as like a vote for the other
Speaker 5: side or what have you.
Speaker 3: And only half a vote for the other side exactly.
Speaker 5: See when you started nine starts to feel like the
Speaker 5: three fifths of a man.
Speaker 4: Now you better tell him glasses.
Speaker 3: Well, there's there's a vote, there's no vote, and the
Speaker 3: other vote.
Speaker 4: That's true, that's true.
Speaker 5: But at the same point, man, just looking at everything.
Speaker 5: You know, I'm a free thinker, so I look at
Speaker 5: every single thing.
Speaker 4: I'm gonna look at your voting patterns.
Speaker 5: I'm gonna look at what you actually put out there
Speaker 5: and when you were in the job position, what you
Speaker 5: actually did in that job position.
Speaker 4: I just didn't feel good either way.
Speaker 5: And there's some people I've had arguments with and I
Speaker 5: really don't care.
Speaker 4: Glass know me, I don't really care about having to
Speaker 4: argument or whatever the case may be.
Speaker 1: But that's because you, That's because you did the work
Speaker 1: and the thought before. The same way for me, I
Speaker 1: didn't vote specifically for the same reasons like I'm I'm
Speaker 1: voting for a candidate that understands, you know, the greatest
Speaker 1: injustice and American history still still hasn't been made right,
Speaker 1: which is absolutely the treatment of black people, of his
Speaker 1: black citizens. So until a candidate makes that a prime
Speaker 1: reason or a prime issue, a prime policy thing to address,
Speaker 1: there's no reason to vote. There's only been one person
Speaker 1: in the history of America that got my vote, and
Speaker 1: he got it for free. He got it because my
Speaker 1: dad cared. He got it because my mom cared. He
Speaker 1: got it for everybody who cared about seeing somebody that
Speaker 1: looked like them finally running this country, even though historically they.
Speaker 2: Told me no one man runs this country.
Speaker 1: But I voted for Barack for that reason, and he
Speaker 1: didn't get my second vote, and that voter never happened again.
Speaker 1: Unless it's like a crip running or something more like
Speaker 1: a Snoop Dogg or somebody else. That's the first time
Speaker 1: I could vote for a lot of people want me
Speaker 1: to believe that it was because it was a woman
Speaker 1: in the White House, and I'm like, I don't believe that.
Speaker 1: I think America is the word isn't progressive, But I
Speaker 1: think America will vote for a woman if you get
Speaker 1: the right woman in position.
Speaker 2: Absolute pete, where you at with it?
Speaker 3: I voted for Donald Trump enthusiastic.
Speaker 2: No, you ain't got to tell us that.
Speaker 3: Yeah, I vote for I vote for systems and paradigms.
Speaker 3: You know my issue. Look look back at the current
Speaker 3: system state of the Democrat Party as I see it,
Speaker 3: from the moment that the apparatus threw Hillary Clinton out
Speaker 3: of a moving vehicle and grabbed Barack Obama and like move.
Speaker 3: It was like July, like it happened really quick, Like
Speaker 3: the incineration of Hillary Clinton two thousand and eight or seven,
Speaker 3: remember that primary season was was like aggressive. But they
Speaker 3: have they have a system. The way that they do things,
Speaker 3: it's pretty centralization based. I don't like that Donald Trump.
Speaker 3: And that's why I think if you've voted for if
Speaker 3: you thought that Joe Biden was the guy making these decisions.
Speaker 3: Come on, like, let's be adults. If you think Kamala
Speaker 3: Harris was gonna be making a bunch of decisions, let's
Speaker 3: be adults. I can at least make the case that
Speaker 3: I think if Donald Trump isn't making a bunch of decisions,
Speaker 3: he's gonna change a lot of the personnel package in
Speaker 3: the inside of the Beltway at this point in time.
Speaker 3: So you might have different people making different different decisions
Speaker 3: than the same people making the same decisions over and
Speaker 3: over again, regardless of all. Really, who's there, Because it's
Speaker 3: been a game of musical cherish for about twenty five
Speaker 3: thirty years.
Speaker 1: Okay, Pete, so and me and Ray could ask you
Speaker 1: this together? Yeah, right, because and it's fair. I know
Speaker 1: you always use the on the stage with a bunch
Speaker 1: of brothers. This ain't nothing new to you. You hung
Speaker 1: around brothers ever since I've known you. But it's a
Speaker 1: lot of misinformation when it comes to being a Republican
Speaker 1: or conservative, and I want people to really know that
Speaker 1: you're not the standard type of conservative that they imagine,
Speaker 1: because there's the imagination version of what the conservative is,
Speaker 1: which looks like the klu Klux Klan. And then there's
Speaker 1: the version, the real version of the conservative American and
Speaker 1: what does that really mean in this conversation over these
Speaker 1: next four years with Trump and office.
Speaker 3: And this really like, I think the conservative movement as
Speaker 3: it currently is, or as it's been at least for
Speaker 3: a long time. And that's kind of the thing. Like, again,
Speaker 3: these are big groups of people. We're talking about the
Speaker 3: Democrat Party, it's voter apparatus, or we're talking tens of
Speaker 3: millions of people. You can point to a collection of
Speaker 3: group within any thing that size and go, boy, they're
Speaker 3: emblematic of a big mess. I think at the root
Speaker 3: of that, like Braintree is really just kind of being
Speaker 3: able to exist in your own world, kind of unbothered
Speaker 3: and trying to shrink shrink your world. They want the
Speaker 3: government to be more about their town than about establishing
Speaker 3: some super system over everybody. They're like, we just want
Speaker 3: to run a little system of our town and you
Speaker 3: guys do whatever the fuck you know, so.
Speaker 1: Less government interference.
Speaker 3: Yeah, yeah, and at the at the at the end
Speaker 3: of it, that's that's really what people care the most
Speaker 3: about in that movement.
Speaker 1: Okay, so the next four years right, because so so also,
Speaker 1: I try not to jump out too far. But to me,
Speaker 1: black people in this country and black people in general, right,
Speaker 1: whether you know from the content of Africa, are always
Speaker 1: been very conservative, very like.
Speaker 2: Practical, you know what I mean.
Speaker 1: I think the version of black person in America is
Speaker 1: a little different obviously, being around a different level of
Speaker 1: a different experience, different type of different reactions to circumstance,
Speaker 1: you know, and things that's happening that have kind of
Speaker 1: created this different version of a brother, you know what
Speaker 1: I mean. And that's fine too, you feel me. But
Speaker 1: what does it look like to be what is black
Speaker 1: people missing?
Speaker 4: Now?
Speaker 1: Where's the okay? When when Democrats run the country, most
Speaker 1: black people know, you can go to the government to
Speaker 1: get ahead, right, right, that's fair. Right, when Democrats are
Speaker 1: in office, black people can go to the to the
Speaker 1: government get programs, right. Maybe not big programs right, maybe
Speaker 1: not huge programs, right, but they can get programs.
Speaker 3: Right.
Speaker 2: What are black people missing, Pete?
Speaker 1: When a Republican is in office, When Republics are you
Speaker 1: know the mass number in Congress or there they they
Speaker 1: got the house, where is the opportunity for black people
Speaker 1: in these times when there is no government to lean on?
Speaker 3: Oh, it's it's going to be in the business space.
Speaker 5: Uh.
Speaker 3: And I think in general, I'm not totally sure that
Speaker 3: with a lot of government programs that the cost of
Speaker 3: providing them is worth what you get. I think that's
Speaker 3: not always so, you know, but like with this, you
Speaker 3: know what what you should expect is it depends on
Speaker 3: I'm big on mobility. I assume it's gonna be a
Speaker 3: big boom in the energy sector. So if you're somewhere,
Speaker 3: if you're somewhere that's not near there, that's an easy
Speaker 3: industry to get into and make some money. Like it
Speaker 3: says an employee, go to where that is, you know,
Speaker 3: or or whatever else. I think a lot of that's
Speaker 3: going to be you know, where you can take advantage.
Speaker 1: Right, What do you think the next four years look
Speaker 1: like for any true entrepreneur? Where is the opportunities you
Speaker 1: feel ray is gonna be?
Speaker 5: Well, what I'm thinking is, I mean we've already had
Speaker 5: this same president for the last four years before Biden
Speaker 5: went in an office, and we all seen that a
Speaker 5: lot of us business owners, we've actually got more money
Speaker 5: and more tax breaks during that time as business owners
Speaker 5: than ever before.
Speaker 4: So at the end of the day, I think it's
Speaker 4: going to be more of that.
Speaker 5: Like if you start looking towards more business ownership, I
Speaker 5: think you're going.
Speaker 4: To get ahead more.
Speaker 5: If you start looking at working for somebody, I mean,
Speaker 5: I think that that's going to start to make start
Speaker 5: to make it a little bit harder.
Speaker 4: For you, you know what I mean.
Speaker 5: So I think that everybody should have a business, whether
Speaker 5: you're working or not, so just at least have a
Speaker 5: side hustle, you know what I mean. And most people
Speaker 5: I know do they have some type of side so
Speaker 5: where they're getting some income from.
Speaker 3: And that to me is something that like Black America's
Speaker 3: great at that they don't get a lot of credit for.
Speaker 3: Is entrepreneurial spirit and small business pursued. Entrepreneurial spirit not
Speaker 3: like abstract I want to invent the next quadrillion dollar idea,
Speaker 3: but just I want to go out and start something
Speaker 3: to make some money on my own, damn terms.
Speaker 4: So think about it.
Speaker 5: We had to how that started off as we actually
Speaker 5: had to find ways around you know what I mean.
Speaker 5: And we talk about from the number runners and everything else,
Speaker 5: every other business entity that we try to actually do,
Speaker 5: you know what I mean, We had to actually make
Speaker 5: a way for ourselves because we were being pushed out.
Speaker 5: So nowadays it's just ingrained. Like I know my son
Speaker 5: right now. My son right now has two businesses that
Speaker 5: he does and he's seventeen. So yeah, so at the
Speaker 5: end of the day, he's watched me grind it out.
Speaker 5: My daughter, my daughter wants to do different things like that.
Speaker 5: So all of them are entrepreneur entrepreneurs because they watched
Speaker 5: their father be an entrepreneur. And I've watched my father
Speaker 5: be an entrepreneur. So we all just who you watched before.
Speaker 5: You you know, you kind of want to follow in
Speaker 5: those footsteps.
Speaker 2: So opening a business peep.
Speaker 1: So most so if you had to give advice to
Speaker 1: not me or even to me, like right, you know,
Speaker 1: I've been doing well for myself since you know me, right,
Speaker 1: figuring it out, making it work. So instead of the
Speaker 1: traditional when a Democrat is in space, right that the
Speaker 1: secret with Republicans is kind of vesting out on your
Speaker 1: own because there are going to be more opportunities if
Speaker 1: you open up a business.
Speaker 3: Yeah, and I think money is going to be easier
Speaker 3: to come by.
Speaker 1: Also, that's a great question, how okay, instead of going
Speaker 1: to the government to get the money, where do you
Speaker 1: go get Oh no, so as an entity with a
Speaker 1: Democrat you get money, but as a business or as
Speaker 1: a corporation with a Republican, the money is different.
Speaker 2: Is that simply kind of the goal right there?
Speaker 3: Yeah, it can be roughly, can be it It depends
Speaker 3: on the maturity of the ending and stuff like. It's
Speaker 3: you can't just like go online to the secondary of
Speaker 3: state building and create an EI in and then walk
Speaker 3: across the street and get a twenty thousand dollars bank
Speaker 3: loan in two seconds. So we would have done it
Speaker 3: by now.
Speaker 1: So what does it look like then? What does it
Speaker 1: look like like? What should we gotta really do this? Pete?
Speaker 1: Because like and Ray, you you are the perfect person
Speaker 1: for this. That's why I thought this conversation would be
Speaker 1: perfect for you even when he said it to me.
Speaker 1: Is what does people future look like? Because there is fear,
Speaker 1: Like my father is in fear. My father just turned
Speaker 1: seventy seven. Happy birthday to my dad who turned seventy
Speaker 1: seven yesterday, right, And it's a lot of brothers in fear,
Speaker 1: like they're fear and I'm like, they're not just in fear.
Speaker 1: There's the natural fear of white people with tiki torches
Speaker 1: walking down the street, which is ridiculous, or being thrown
Speaker 1: back into slavery.
Speaker 2: Right, some of this stuff is just ridiculous.
Speaker 3: Where did why supremacists and Hawaiian lueu tor just become anonymous? Man?
Speaker 2: I told my dad that he got so mad.
Speaker 3: But in the regular what happened to just a piece
Speaker 3: of wood on fire exactly?
Speaker 1: T shirt and you dipped the krsee. But no, they
Speaker 1: like the Walmart tors but because it made them feel
Speaker 1: like that.
Speaker 2: And I'm like, those Walmart people wouldn't scare me.
Speaker 1: But that's not.
Speaker 3: Smelling like pineapple and pork in the.
Speaker 1: Other as they walking with them stupid tors, Like, You'll
Speaker 1: get your silly ass out of here.
Speaker 5: But you know what the problem is, and I'm being honest,
Speaker 5: if we look at the media, right, yeah, the media
Speaker 5: wants us to feel that way and instead of like
Speaker 5: actually putting us together, the divisiveness of the me is
Speaker 5: the problem.
Speaker 4: A lot of the media is telling you.
Speaker 5: That this is gonna happen, and that's gonna happen, and
Speaker 5: this is gonna happen. You think, all right, let's just
Speaker 5: for argument's sake, say all right, Donald Trump's a racist
Speaker 5: and a racist president. As black people, you really believe
Speaker 5: that this is the first time we were under a
Speaker 5: racist regime. This is the first time in history, I agree.
Speaker 4: You know what I mean.
Speaker 5: So at the end of the day, the good part
Speaker 5: about it is we have rules we could play by.
Speaker 5: Now there are certain things in place to where you
Speaker 5: can't get pushed out of certain areas now, you know
Speaker 5: what I mean that were different in the sixties and
Speaker 5: in the fifties and forties or whatever. It can't be
Speaker 5: as overt you know what I mean. If your business
Speaker 5: is up the park and it has the certain demographics
Speaker 5: that they're looking for, they're gonna go ahead and give
Speaker 5: you that money or give you that loan. Now, they
Speaker 5: are also secondary markets. Like I've gotten a bank loan
Speaker 5: for fifty grand. This was no more than four years
Speaker 5: ago when I got that, and that was on the
Speaker 5: secondary market because my.
Speaker 4: Credit was good or whatever the case may be.
Speaker 3: Paid that just for a secondary market real quick.
Speaker 5: Well, all right, so a bank market, right, So going
Speaker 5: into Bank of America and going to get a business
Speaker 5: loan is very hard because you got to fit into
Speaker 5: this little box. Every business has to fit into this
Speaker 5: little box. Right on the secondary market, it's more of
Speaker 5: the people who can't get a traditional bank loan because
Speaker 5: they don't fit in that box.
Speaker 4: If you're an entrepreneur, you're not really going to be.
Speaker 5: Able to fit in that box to get a loan
Speaker 5: for your business because they want to see you actually
Speaker 5: working for someone, so it's kind of weird, or your
Speaker 5: business at least has to be solid for like a
Speaker 5: good five years before you can actually get that loan,
Speaker 5: even though they tell you too, it's about five that
Speaker 5: they're really looking at, because no business is looking to
Speaker 5: lend money to not make money. They're looking at all, right,
Speaker 5: I'm gonna leend you this. You're going to be able
Speaker 5: to pay me back this. If you can't, then I
Speaker 5: can't lend it to you. Secondary market people they look
Speaker 5: at it like, okay, we're gonna go ahead and take
Speaker 5: a chance on you. So, yes, the payback's a little
Speaker 5: higher because I'm borrowed fifty I had to pay back
Speaker 5: like sixty eight, which.
Speaker 4: Is which is nuts.
Speaker 5: But if you can do it, then at the end
Speaker 5: of the day you can then go to another bank
Speaker 5: and say hey, I've already done this because it goes
Speaker 5: right on your credit report.
Speaker 4: So I've already done this loan. This has already been tried.
Speaker 2: And true, So now you can fit in that small.
Speaker 5: Box absolutely because I've already won, taken out a loan before,
Speaker 5: paid it back, and my business has been operational over
Speaker 5: seven years, so it's it's a little bit different for
Speaker 5: me now than it will be back then.
Speaker 1: So secondary markets are off off brand, but it's kind of.
Speaker 4: Like yeah, so they call it.
Speaker 5: So there's QM, right, which is quality like well, QWM
Speaker 5: is for mortgages, right, So there's quality loans, right, or
Speaker 5: or qualified loans or qualified market right QM.
Speaker 4: And then there's non q IN, which is non.
Speaker 5: Qualified market, which means you can't really go to the banks.
Speaker 3: I'm sorry those two things real quick. Like there's this
Speaker 3: what he's talking about, Like, this is why if you
Speaker 3: are going to try to start in your own thing,
Speaker 3: do it on paper. Yeah, I mean when you're small
Speaker 3: and you're not going to pay that much in tax
Speaker 3: it's not like you're going to save worlds of money
Speaker 3: in taxes if you're you know, in a startup level bracket.
Speaker 3: But you can demonstrate income, you can demonstrate profit, you
Speaker 3: can get legitimate and then it does get easier to
Speaker 3: do this kind of stuff, and there is a growing
Speaker 3: and I think it'll be more so I went to
Speaker 3: like two ten hour just marathon days of some and
Speaker 3: this is more for real estate investment type stuff, but
Speaker 3: of private equity alternative lenders, and they do go. You know,
Speaker 3: you're looking at more like the eleven percent thirteen percent
Speaker 3: depending on your experience and stuff. But you aren't going
Speaker 3: to walk into a bank and get a lot of
Speaker 3: these types of deals. And you know that is kind
Speaker 3: of some some stuff that will be pretty available, especially
Speaker 3: when one money is easy for them to get because
Speaker 3: that's easier for them to give it to you.
Speaker 2: Also, they're borrowing money to make money as well.
Speaker 3: The lind that's everybody, that's that's big bank. Oh, that's
Speaker 3: big banks.
Speaker 5: You know what's funny about banks is banks actually like
Speaker 5: let's say, like Glass, you go to get to go
Speaker 5: to a bank and open up a bank account, so
Speaker 5: you give them your hundred dollars, right, because that's what
Speaker 5: they want you to do to start. They take you
Speaker 5: a hundred dollars and put it in the stock market
Speaker 5: and make money off of it. And that's how they're
Speaker 5: able to actually make the money to actually land out.
Speaker 4: And if you notice, like if you.
Speaker 5: Go to a bank, try to go to a bank
Speaker 5: right now and take out a hundred thousand dollars and
Speaker 5: watch them tell you, hey, oh, it'll be ready for
Speaker 5: you on Tuesday.
Speaker 4: We have to order it.
Speaker 3: And there's a relationship also between the Federal Reserve and
Speaker 3: those That's why you see there's the FED rate and
Speaker 3: then there's the retail interest rate. There's a delta there
Speaker 3: and they have to have a certain amount of cash holdings,
Speaker 3: and that's why you'll see like some politician got introlled
Speaker 3: because he didn't declare why he was taking his own
Speaker 3: cash out of his own account, which not a crime,
Speaker 3: but they want to know.
Speaker 5: No, yeah, you know politicians though, politicians actually owe us.
Speaker 4: What they make a year, where their money go, meant
Speaker 4: where their money is going, and everything else.
Speaker 5: Because I tried to run for local government here and
Speaker 5: they pulled me to the side and say, you know,
Speaker 5: you're going to have to declare all your money and
Speaker 5: everything that you do is public knowledge.
Speaker 4: And I'm quickly backed out of that.
Speaker 5: But I did get some people elected to local government
Speaker 5: that I know would do a good job, so I
Speaker 5: didn't specifically do it. But I made sure that I
Speaker 5: put people in place that could m.
Speaker 2: So energy, Pete.
Speaker 1: Is it as simple as looking at Trump's policy and
Speaker 1: kind of believing which way he's going to move in opportunities? Okay,
Speaker 1: where is the opportunities for the people willing to take
Speaker 1: a chance and over the next for you, Like geographically speaking, yes,
Speaker 1: Texas and Oklahoma where is energy?
Speaker 3: Texas and Alahoma are huge energy energy locations. California is
Speaker 3: going to give everybody. Hell, California has, like amongst states,
Speaker 3: the third or fourth largest oil and natural gas reserves
Speaker 3: in the country. But the state's not gonna.
Speaker 1: Let you touch it.
Speaker 3: So that's the problem. But yeah, I mean again, like
Speaker 3: relative to a place like a Los Angeles or something.
Speaker 3: If you're living in Los Angeles paying a bunch of
Speaker 3: money and getting very little to show for it. Your
Speaker 3: Oklahoma cities, your Tulsa's, your Houston's towns and Texas stuff
Speaker 3: like that, there will be opportunities there in that sector.
Speaker 3: And it's not, like we've said before, it's not like
Speaker 3: trying to get into aerospace without you some sort of
Speaker 3: you know, engineering degree that can that's impossible to achieve.
Speaker 1: What about on the entrepreneurial side, not necessarily the employment side.
Speaker 1: So so again, so let me let me run this
Speaker 1: back to no siblings, you feemy, Pete Glasses, the army ragers.
Speaker 1: We into it. So if we're so so you're saying,
Speaker 1: if you're looking for a job, you'd probably be close
Speaker 1: to look where the energy opportunities are because they're going
Speaker 1: to be doing a lot of hiring because the government
Speaker 1: Trump and and different people in his and his not
Speaker 1: even Trump, but but that party is going to start
Speaker 1: empowering and funding more of those situations.
Speaker 3: Let's say hypothetically that he reinstitutes the Keystone XL pipeline,
Speaker 3: which I believe was the Canada to the golf refineries.
Speaker 3: That is going to create a surge and supply. So
Speaker 3: for an entrepreneur, again, I have researchers, we go off
Speaker 3: the top of my head.
Speaker 1: Sure, just just feeling there's a lot of.
Speaker 3: Entrepreneurs in uh sole proprietor trucking, get get a loan
Speaker 3: and get an oil to they're gonna have to move.
Speaker 3: You can move the oil all over the place, but
Speaker 3: you have to move the trucks retail. So that's something
Speaker 3: I would look into. What it takes to do that immediately.
Speaker 4: Get your CDL, get your has MATT certification. You'll be
Speaker 4: able to move fuel.
Speaker 3: Yeah, and and and also and then just various independent
Speaker 3: contractor stuff. Get your search for maintenance on with within
Speaker 3: that world or even if they have to do the
Speaker 3: keystone XL and various stuff like that. Just getting you know,
Speaker 3: a CDL and taking a you know, financing, like like
Speaker 3: a mixer truck. All that has to be reinforced with
Speaker 3: big concrete you know, uh, support systems, trenches, all that
Speaker 3: kind of stuff. There's there's needs for all those kind
Speaker 3: of things. Building the wall, there's a the number of
Speaker 3: yards of concrete to lay down another thousand yards of
Speaker 3: wall based in concrete. It's a lot.
Speaker 2: This is interesting just the thought of it. So this
Speaker 2: is loose.
Speaker 1: But again I'm saying the Democrats they kind of they
Speaker 1: kind of empower the individual, while Republicans and empower the
Speaker 1: business the corporation that hires the citizens.
Speaker 3: Is that roughly, it depends on how you mean empower
Speaker 3: the individual. Like when we're talking.
Speaker 1: About obviously nobody is going to do too much right,
Speaker 1: nobody's going to give too much. But you could look
Speaker 1: as when the Democrats in office they'll have more programs
Speaker 1: for just one person, right, one person, They have more
Speaker 1: programs for one person, like the government not saying opportunities
Speaker 1: to get ahead, but you know, here's this for one person,
Speaker 1: like more more, more government programs more.
Speaker 2: Okay, here's satter.
Speaker 3: About the health of the program. So they want more
Speaker 3: participants in the program because it means more funding to
Speaker 3: the program, and they want you to be in the
Speaker 3: program longer, like it's it's, it's it's a lot of
Speaker 3: that kind of If they've created a program, the ABC program,
Speaker 3: and they can go from one million to ten million
Speaker 3: people in the ABC program, then the ABC programs funding
Speaker 3: goes up ten x, and all the bureaucrats who work
Speaker 3: at the department salary goes up ten x. You're gonna
Speaker 3: keep your one x, but the funding is gonna go
Speaker 3: through the ceiling.
Speaker 1: But okay, so are you saying that different parts of
Speaker 1: the government are running program Like how would that make sense?
Speaker 1: Isn't that program part of a government program?
Speaker 3: Yeah, but that program is run by a government department
Speaker 3: that's to distribute the funds to that program. That's why
Speaker 3: I think, like I was hearing a guy say, guy
Speaker 3: was Larry Elder Larry Elder wasn't an attorney for the
Speaker 3: United Way back in the day, so in his book
Speaker 3: analysis he was saying, not his books, the accounting books
Speaker 3: like thirty cents. No, it's more than that. I think
Speaker 3: it was. They have a lot of volunteers, so that's
Speaker 3: different numbers. But the majority of the money long story short,
Speaker 3: that goes into the United Way goes to its intended recipients,
Speaker 3: or is seventy cents on the dollar that goes into
Speaker 3: a government program goes to the people who work for
Speaker 3: the government within the administration of that program. So thirty
Speaker 3: cents on the dollar goes to the people.
Speaker 1: So the ideas for these government program oh, they're still
Speaker 1: started by regular citizens that become they start business within
Speaker 1: the that are funded by the government. So they may
Speaker 1: be government programs, but they're still independent.
Speaker 3: There's both that exists too.
Speaker 1: Yeah, but that's what we're talking about, right somebody, Because
Speaker 1: other than that, So are you saying there's a collective
Speaker 1: of people within the government saying, Okay, we want to
Speaker 1: get more money for our program. Of course, Holy shit.
Speaker 3: That's why Like when you saw like the job support
Speaker 3: was very controversial this month, there was only twelve thousand
Speaker 3: new jobs created. And this has been true for the
Speaker 3: last several years. If you peel back that layer, the
Speaker 3: private business jobs growth has been very small, and in
Speaker 3: this case it was negative. But the public sector, the
Speaker 3: number of government employees ballooned up. And that's part of
Speaker 3: what added the inflations. Say, are we increase the budget
Speaker 3: by two trillion dollars a year for three straight years.
Speaker 1: This makes sense why Trump's policies are like defunding government programs,
Speaker 1: because they're not really all in cahoots the way I
Speaker 1: would think they are. It's more or less like this
Speaker 1: is something independently that can be gouging the federal government.
Speaker 1: And yeah, well here's even as black people, we kind
Speaker 1: of look at the government. Well, I can't say everybody,
Speaker 1: because Ray probably fucking know better. I didn't know. I
Speaker 1: look at the government as one function and fucking thing.
Speaker 1: I get state and fed, I get city, state, I
Speaker 1: get fed. I'm saying, but I still thought of it
Speaker 1: as one functioning thing versus.
Speaker 2: Pete and glasses come up with idea and then.
Speaker 1: Proposing a government program, and now we have a government
Speaker 1: program that we hire people in. Now the government. Our
Speaker 1: program is now a government program. And I'm thinking that's
Speaker 1: what I'm getting from the conversation.
Speaker 3: That would be like if you were an NGO, like
Speaker 3: a nonprofit like NGO or even not to be an
Speaker 3: I mean like health SpaceX, it's on government contracts, you know,
Speaker 3: So does Poush?
Speaker 1: What does the next four years look like for real estate?
Speaker 4: Right?
Speaker 1: Like like like like.
Speaker 2: What mine?
Speaker 1: Because of this this new regime that's coming in office,
Speaker 1: which is a little more unique than two thousand and sixteen,
Speaker 1: only because like it's about to be a complete we're
Speaker 1: government for what is it two years at minimum peak
Speaker 1: before anything can even change.
Speaker 3: I think it's difference to me it was last time
Speaker 3: the first two years it was three. It's going to
Speaker 3: be all three two. Yeah, it's gonna be the same
Speaker 3: this time. But I think now you have less like
Speaker 3: rhino Republicans in the House and Senate.
Speaker 1: And what's about the Republican because I don't know what
Speaker 1: that is.
Speaker 3: A George Bush big government democrat with a red hat.
Speaker 4: You know, you know what they call them. The slurf
Speaker 4: for them is rhinos.
Speaker 2: So yeah, yeah, what say that.
Speaker 4: I'm serious. If you ever hear it, call another Republican
Speaker 4: a rhino.
Speaker 5: They're basically saying that they're a Democrat, like you said,
Speaker 5: with a red hat on.
Speaker 4: So they call you a Rhino's Republican in name only.
Speaker 4: I'm telling you.
Speaker 1: Stuff be so close to the streets. And every time
Speaker 1: like well, like.
Speaker 3: The Tea Party was the taxed enough Already party. It
Speaker 3: was an acronym also.
Speaker 4: I mean, I mean, do you do you you see it?
Speaker 4: It's red and blue.
Speaker 5: I mean, I could go down the list.
Speaker 1: But of course, but of course they separated even in
Speaker 1: the red and blue, just like the streets in Los
Speaker 1: Angeles separating. People think it's just red and blue, and
Speaker 1: that is how my ignorant ass would see government. But
Speaker 1: of course it's multiple sectors of red. And then they
Speaker 1: class of course last names.
Speaker 4: I mean, think about it.
Speaker 5: You remember when Trump got elected the first time, it
Speaker 5: was a lot of Republicans that were upset about that.
Speaker 5: And that's you know that try to like stop them
Speaker 5: at every at every turn.
Speaker 4: And everything else.
Speaker 5: Like this whole thing, like politics is just one of
Speaker 5: those things where it's a lot of smoking mirrors. And
Speaker 5: what people don't understand is the media uses your emotions
Speaker 5: in order to dictate where they want to push you.
Speaker 4: You got to be leary or weary or but just leary.
Speaker 5: Of how a candidate is marketed to you. You see
Speaker 5: what I'm saying, and I'm trying to say it without
Speaker 5: being too like getting too much into my tenfoil hat.
Speaker 1: You know what I mean, Because it's like because the
Speaker 1: last ten years has made a lot of tenfoil hats
Speaker 1: very designer.
Speaker 5: Yes, yes, if you look at how candidates are marketed
Speaker 5: to you though, like look at look at how they
Speaker 5: market Like let's go back and let's look at.
Speaker 4: How they marketed.
Speaker 5: Hillary Clinton, right, look at when she went on certain shows,
Speaker 5: how they presented her and everything else. As soon as
Speaker 5: she went on the Breakfast Club, we hear hot sauce
Speaker 5: in my bag and this that and the third.
Speaker 4: Like, as black people, we need to really start.
Speaker 5: Waking up and looking at how these people are marketed
Speaker 5: to us, because it tells you a little bit about
Speaker 5: how they really think about you.
Speaker 4: It tells you a lot about how they think.
Speaker 1: About Shout out to my boy Jobs from Intellectual Petty Radio.
Speaker 1: Really great podcast. I gotta link you with Ring Tough. Yeah,
Speaker 1: we definitely he said she not finna win. I was like,
Speaker 1: why he said it? Like right off the rip. She
Speaker 1: said she had Meghan the Stallion come out, and yeah,
Speaker 1: but wouldn't that make sense if no?
Speaker 4: Why no?
Speaker 6: No?
Speaker 4: I mean I mean think about this.
Speaker 5: A lot of black people are waking up and we're
Speaker 5: not food by a lot of this stuff anymore.
Speaker 4: You know what I'm saying, Like.
Speaker 2: Is it really fool to show like your dad?
Speaker 3: No, it's full It's fooled when that when you're doing
Speaker 3: it on the predicate that the other guy's an.
Speaker 5: Idiot, right, like like like look at this, we even
Speaker 5: look at if we even look at the presidential debate.
Speaker 5: Remember they said if she won the presidential debate, then
Speaker 5: she'll win, right, we don't really care about the presidential debate.
Speaker 5: We're looking at track history here. You know what I'm saying,
Speaker 5: And that was my thing about Kamala Harris, is I
Speaker 5: look at her track record. Her track record is saying this,
Speaker 5: doing that, saying that, doing this, and you can see
Speaker 5: it like they literally have if you look on YouTube,
Speaker 5: a lot of.
Speaker 4: The backtrack statements that she's at that though.
Speaker 5: Not within re not within that close to proximity, not
Speaker 5: within a year.
Speaker 4: Or two of each other.
Speaker 5: You know what I'm saying, Like, you can look at
Speaker 5: somebody like me, and you can have a conversation today, right,
Speaker 5: and you feel a way. Then you go learn something
Speaker 5: and grow five years from now you're like, you know what,
Speaker 5: I thought that then, but then I really don't think
Speaker 5: that now because of these reasons. Every time they caught her,
Speaker 5: and they do that to every politician, they say, you
Speaker 5: thought about this in two thousand and six and that
Speaker 5: was right, And what do they always say? Hey, I
Speaker 5: did more research, I did this.
Speaker 4: What does she do?
Speaker 5: She gets mad about it and then then tries to
Speaker 5: like skirt it like it didn't happen.
Speaker 6: And it's within months of each other. That's the thing
Speaker 6: is within months. You change your mind every few months.
Speaker 6: That's kind of crazy to me. So that's why. But
Speaker 6: she lost for two reasons, I'm gonna tell you.
Speaker 4: One.
Speaker 5: The Democratic Party didn't wrap their arms around her like
Speaker 5: they should have, and they didn't market her enough when
Speaker 5: she got elected as vice president before.
Speaker 1: I thought it was time because it was so last
Speaker 1: minute when they swapped the inn.
Speaker 4: Nah. But all right, let's look at the difference.
Speaker 5: When Barack Obama got elected and Joe Biden was vice president.
Speaker 5: You saw them everywhere together and they talked about each
Speaker 5: other all the time time they were constantly making each.
Speaker 4: Other relevant, marketing each other.
Speaker 5: Yeah, okay, once say one, what did you really hear
Speaker 5: Joe Biden say about Kamala And when was the last
Speaker 5: time you heard someone?
Speaker 2: But just how to do that's not to do with
Speaker 2: his level of what he's going through mentally.
Speaker 4: What that I mean? That really doesn't matter because at
Speaker 4: the end of the.
Speaker 5: Day, Barack Obama tried, you know what I'm saying, to
Speaker 5: put it, to put his arm around it.
Speaker 4: But he has his stuff going on too.
Speaker 5: But the Democratic Party really didn't market her the way
Speaker 5: that they needed to.
Speaker 4: And then on top of that there's the flip flopping.
Speaker 5: And on top of that, Trump really took over the
Speaker 5: airways if you really think about it, with the assassination attempts,
Speaker 5: he stayed relevant. And where we're at right now is
Speaker 5: a do I see you type of community.
Speaker 1: But that but that's my point why I'm saying, even
Speaker 1: as as ignorant as it could feel right to have
Speaker 1: pop stars next to you, I get the concept because
Speaker 1: it is we gotta be honest, Every election is a
Speaker 1: popularity vote, right.
Speaker 5: But while she was on the campaign trail, remember Trump
Speaker 5: wasn't even on the campaign trail, but he stayed on
Speaker 5: the news because of all, like they really gave him,
Speaker 5: The Democrats really gave Trump more publicity than they gave Como,
Speaker 5: just that publicity gave the law.
Speaker 3: And there's kind of two sides to that coin, Like
Speaker 3: there's a lot of people that view Kamala as a
Speaker 3: as a quote spurou agnew vice president. Right, Biden was
Speaker 3: compromised from the beginning. I mean, in the in the
Speaker 3: primary debates in twenty nineteen, he couldn't remember the text
Speaker 3: Biden to two zero two two.
Speaker 1: Zero won the election. As much as people voted Trump
Speaker 1: out of the election. That was the thing he never
Speaker 1: had to win the election. It was like anything would
Speaker 1: be better than how this person is making me feel. Yeah,
Speaker 1: but I don't want to get caught up on that
Speaker 1: because I like, I want to focus on what.
Speaker 2: The next four years look like.
Speaker 1: No, because I don't want to, you know what I mean,
Speaker 1: Because it's like this becomes a marketing conversation. Its not
Speaker 1: about policies, policy in general, politics in general, about making
Speaker 1: people feel better. It's not the.
Speaker 5: Next year is we do what we've always been doing,
Speaker 5: Like that's the thing is we can't lose focus, like
Speaker 5: at the end of the day, no matter who's the president.
Speaker 4: No, no, no, no, we have to make sure that we
Speaker 4: do what we need to do.
Speaker 1: But having you and Pete here to me, because you
Speaker 1: guys are kind of like specialists, right right, like y'all
Speaker 1: not just Pete obviously is a white man, so he
Speaker 1: don't got to think like a black man. But he
Speaker 1: know enough, brothers, He's been around enough of us to
Speaker 1: know how what we need to know. You are somebody
Speaker 1: to me who has for their own path in this
Speaker 1: world this whole time. And I'm saying, what is real
Speaker 1: estate look like over the next four years when the
Speaker 1: government is read for you?
Speaker 4: Well, here's the thing.
Speaker 5: What we know statistically, right, because if we look at
Speaker 5: the first presidency, right when Trump was in office the
Speaker 5: first time, because all we can do if we have
Speaker 5: the same presidents, look at the past behaviors.
Speaker 4: The stock market went up.
Speaker 5: The stock market actually went up day one when they
Speaker 5: figured out that Trump was gonna win.
Speaker 4: If you watch the stock market at all, so that's
Speaker 4: gonna be healthy.
Speaker 5: And if you look at real estate, real estate is
Speaker 5: directly tied to the stock market and the tea bill,
Speaker 5: because that's how they end up lending out mortgages and
Speaker 5: really the actual areas. Really look at that and see
Speaker 5: what the next four years is going to look like.
Speaker 4: It's gonna look really really good from what I've From
Speaker 4: what I've.
Speaker 5: Seen, because as long as the economy stays good, people
Speaker 5: are going to buy more more. People want to own
Speaker 5: things anyway, because there's certain tax breaks and certain benefits
Speaker 5: to owning either investment properties or just properties that you
Speaker 5: live in. Right I put more weight on investment properties
Speaker 5: than properties you live in, because properties you live in
Speaker 5: you're just paying to live their properties that you invest in,
Speaker 5: you're actually getting a return on that. On top of that,
Speaker 5: what we need to look at is actually creating funds.
Speaker 4: Like me and you could get together and do a
Speaker 4: fun I got.
Speaker 5: I got friends of mine right now they're putting twenty
Speaker 5: million dollars into a fund to and to then lend
Speaker 5: out to up and coming investors and things like that.
Speaker 5: So there are people that are taking their own futures
Speaker 5: in their hands and doing that.
Speaker 4: So you can definitely take advantage of that.
Speaker 1: Even I underestimate the lending business because I'm in the
Speaker 1: non borrowing business.
Speaker 2: Sure, but I don't think that's most human beings experience.
Speaker 1: They don't ever make a change to be like I
Speaker 1: don't want to borrow money, Like I made that change
Speaker 1: six years ago. I was like, yo, I'm never I
Speaker 1: would only borrow money to make money. I would not
Speaker 1: buy a new car to drop like I would only
Speaker 1: finance something that would make me money. If I'm not
Speaker 1: making money, I don't I can't afford it. Like if
Speaker 1: I can't go for it, I can't afford it. But
Speaker 1: that is not an American thing. It's all about in
Speaker 1: American is all about borrowing money right and being in
Speaker 1: debt to you, not.
Speaker 4: That that's how they make their money.
Speaker 5: Most of these institutions make their money off of debt,
Speaker 5: banks included. That's why they want to give you a
Speaker 5: credit card, That's why they want to give you a mortgage.
Speaker 5: That's why they want to give you. They want to
Speaker 5: give you all this stuff because it creates debt. Because
Speaker 5: even those businesses, let's say you don't pay your mortgage,
Speaker 5: you think that that company is going to become insolvent because.
Speaker 4: You're not paying your mortgage.
Speaker 5: They'll sell that off to somebody else who's going to
Speaker 5: chase you for that money.
Speaker 4: Yeah, all this debt that's created they get, they actually
Speaker 4: tax wise write it off. That's what a write off is. Hey,
Speaker 4: this is my loss. You get paid back for that.
Speaker 2: So let me ask you a question.
Speaker 1: Do they so when they sell it off for that percentage,
Speaker 1: do they have to report the percentage that they sell
Speaker 1: it off to to the next collection agency.
Speaker 4: Yeah, it's still income, it's income ULTI the irs.
Speaker 3: So but you but you.
Speaker 4: Still self for the loss.
Speaker 5: And there's still a loss even in that, because think
Speaker 5: about it, debt company, they're actually coming and that by debt.
Speaker 4: Like let's say you owe at and T.
Speaker 5: Right at and T writes it off, and then you
Speaker 5: get a call from Joe Blows company saying, hey, you.
Speaker 4: Owed at and T, now you owe us.
Speaker 5: We could settle your debt out for thirty percent less
Speaker 5: and this, that and the third and just pay this.
Speaker 5: So people actually buy debt to go after it just
Speaker 5: to get the money.
Speaker 1: So they might pay ten percent for the debt and
Speaker 1: sell it and then they pay pennies.
Speaker 4: Yeah, they pay pennies on the dollar and something.
Speaker 3: And consider the difference between the interest rates of consumer
Speaker 3: debt and business debt. Absolutely interest rates are set so
Speaker 3: that business can profit. Otherwise they wouldn't do it. Business
Speaker 3: borrowing is very very rational. Consumer borrowing is very very emotional.
Speaker 3: I want to go on vacation, I want a nice
Speaker 3: pair of shoes. There's no rational thought behind that. So
Speaker 3: they can put it at twenty six percent APR. You
Speaker 3: can't have a paradigm where yeah, we're gonna charge twenty
Speaker 3: six percent APR. So because because we every business is
Speaker 3: gonna profit forty a year like.
Speaker 1: So is the continuous trend right now in real estate
Speaker 1: as far as you know what, this is a good
Speaker 1: time to buy.
Speaker 3: I think there's one thing that might be worth considering.
Speaker 3: There's a because of the raise and interest rates there
Speaker 3: was it was a very very low inventory environment. So
Speaker 3: you had a lot of people couldn't get out of
Speaker 3: their mortgage at two point eight and take and then
Speaker 3: you're gonna get taxed on your on your capital games
Speaker 3: and then go to the next place and play and
Speaker 3: pay six point eight. So people weren't able to sell.
Speaker 3: So you might see increased borrowing power and a quick
Speaker 3: pop in value, and then you might see a rush
Speaker 3: of inventory into the market that provides some downward pressure
Speaker 3: into the total marketplace in the aggregate, but that would
Speaker 3: take maybe a year or two.
Speaker 5: Oh yeah, and housing is always going to be the
Speaker 5: best way to go because people try to look at
Speaker 5: housing year to year.
Speaker 4: I mean, Pete knows this.
Speaker 5: If you look at housing markets, you want to look
Speaker 5: at them on twenty twenty year increments.
Speaker 4: If you look at it that way, there is a
Speaker 4: straight line up.
Speaker 5: When it comes to real estate, there's always the little
Speaker 5: peaks and valleys year after year. But if you look
Speaker 5: at it on the twenty year and draw a line,
Speaker 5: is straight up and it's always going to be that.
Speaker 3: Way now, And a lot of that's just drift from
Speaker 3: the dollar. I mean, if you look at the M
Speaker 3: two line and gold's value, there's some wiggle, but by
Speaker 3: and large it looks like a braid. I mean gold
Speaker 3: since nineteen seventy two to now, it's there was a
Speaker 3: lot of uncertainty, so it got popped up. But if
Speaker 3: you just took the M two growth per annum and
Speaker 3: multiplied that by gold in the years, gold should be
Speaker 3: in the mid twenty forest, which is exactly what it
Speaker 3: was before the presidential cycle created a historia that blew
Speaker 3: it up a little bit of twenty.
Speaker 1: Six, right, So what I'm and forgive me if I'm wrong,
Speaker 1: because this is you'll expertise. I know what I know,
Speaker 1: but it all makes sense at every level. And that's
Speaker 1: why people always say that Pete, they really tripped that
Speaker 1: I can understand what you're saying. And I'm like, yeah,
Speaker 1: I'm not educated per se like Pete because I'm not
Speaker 1: educated in that field.
Speaker 2: But I told him I had to explain to my.
Speaker 1: Homie, it's all street talk to me because you don't
Speaker 1: exact street thing. I could everything you're telling me now,
Speaker 1: I could explain it to you in PCP insurance. I
Speaker 1: can tell you every thing how it works, every spots.
Speaker 2: I could tell you all business.
Speaker 1: And it's crazy because I was somebody who got straight
Speaker 1: aedged in school, but I decided to use my education
Speaker 1: in high school to make the most out of my
Speaker 1: own life with entertainment and hustling in the streets. So
Speaker 1: you so everybody is looking at the person with the
Speaker 1: most money. The government has the most money to spend
Speaker 1: pretty much consistently, right, They have the most money to
Speaker 1: invest in businesses.
Speaker 2: So you always want.
Speaker 1: To position yourself by wherever the government is planning to
Speaker 1: spend the money.
Speaker 2: Is that fair?
Speaker 3: That's a safe way to go unless you're a big innervator.
Speaker 3: But yeah, and here's here's here's two interesting stats. These
Speaker 3: are like undersung critical statistics. For all the demonization of
Speaker 3: communists China and the free market of the United States.
Speaker 3: The US has a higher public sector GDP ratio than
Speaker 3: China does. And as much as you think silicon valleys
Speaker 3: where all the money is, the highest concentration of wealth
Speaker 3: is the Northern Virginia DC suburban counties. There's more money
Speaker 3: there in the Silicon Valley. Now, if you want to
Speaker 3: talk about how much the government eats money.
Speaker 1: When they they they they they have the most consistent
Speaker 1: and effective business.
Speaker 3: Yes, give me money, will break down your door, or.
Speaker 2: I'm going to take your money.
Speaker 1: So they got the very mafia like very based off
Speaker 1: the lab very mafia like.
Speaker 3: The i r S is the most efficient collection agency
Speaker 3: in the world. Way to put it, that's I heard
Speaker 3: that from an from a tax attorney jingle. The I
Speaker 3: r S is the most efficient collection agency.
Speaker 5: In the world.
Speaker 2: Yeah, that is insane to think about.
Speaker 1: So without giving up your strategy over the next four years, ray,
Speaker 1: what what does it look like?
Speaker 5: Well, my thing, Well, I mean, I'll give up a
Speaker 5: little bit of it, Like I'm pivoting out of real
Speaker 5: estate as far as owning the brokerages and all of that,
Speaker 5: like being behind the scenes there. I'm moving more towards investments,
Speaker 5: and I'm moving more towards that that unqualified market, like
Speaker 5: I was telling you before. So I actually set up
Speaker 5: me and my girl. We actually set up a call
Speaker 5: center and a website. I'm gonna send you that link
Speaker 5: too to the website to actually get investors wanting loans
Speaker 5: because I have various lenders that are willing to lend
Speaker 5: to people who are first time out or whatever the
Speaker 5: case may be. So really, I'm creating the lead generation
Speaker 5: business right now for that market for those people. So
Speaker 5: people are hiring me for that right now. So I'm
Speaker 5: actually getting away from what I used.
Speaker 1: To do, and you're going to where the money is
Speaker 1: and creating a business that fits the money absolutely.
Speaker 5: So I don't have to recharge my mortgage license anymore.
Speaker 4: I'm like, listen.
Speaker 5: So I talked to a few business partners that I had,
Speaker 5: and I said, look, if I could keep your phone ringing,
Speaker 5: would you pay me to do so?
Speaker 4: Yeah, we'll pay you.
Speaker 5: I gave them a dollar amount and me and my
Speaker 5: girl set up the website. The other day we set
Speaker 5: up a call center. So I'm going to start hiring
Speaker 5: and outsource and the whole calling thing and train them
Speaker 5: on my scripts and everything else to actually get people
Speaker 5: into the cycle and give them people to call and
Speaker 5: keep their phones ring and.
Speaker 4: Get paid that way. And it's easier money.
Speaker 5: It's quicker money because in real estate, I have to
Speaker 5: wait forty five to sixty days to get paid from
Speaker 5: the start of the deal, you know what I'm saying.
Speaker 5: So I'm like, listen, I'm waiting all these months. Then
Speaker 5: I got to pay my agents. I gotta pay marketing.
Speaker 5: Like what a lot of people don't understand is marketing,
Speaker 5: especially when you have a brokerage. If you're not willing
Speaker 5: to spend upwards between about fifty and one hundred thousand
Speaker 5: dollars a month in real estate, you're gonna get gobbled
Speaker 5: up by Zillo. You're gonna get gobbled up by all
Speaker 5: the big boys, Keller Williams, everything else. So the small
Speaker 5: person that has a brokerage, it's not enough meat on
Speaker 5: the bone for you there. You gotta make a pivot
Speaker 5: with everything that's been coming down the pike.
Speaker 4: Now.
Speaker 5: The one thing about me is I watch markets, watch trends,
Speaker 5: I watch all of that stuff. So before it could
Speaker 5: actually gobble me up, I looked at everything and I said,
Speaker 5: all right, this is the way that it's going. This
Speaker 5: is how it's gonna end up being in the next
Speaker 5: four years. So I'm gonna start making my pivot.
Speaker 4: Now.
Speaker 5: That's what I was telling you the last time we talked.
Speaker 5: It was about two years ago. I told you, I said,
Speaker 5: I'm pivoting out of this, and you were like, well, why,
Speaker 5: Like real estate is good. I'm like, if you're not
Speaker 5: an investor in real estate, it's not really gonna gonna
Speaker 5: work for you.
Speaker 4: If you're a small startup real estate.
Speaker 2: Bout if you're looking to pursue true wealth exactly.
Speaker 4: Like exactly exactly.
Speaker 1: So I'm I'm gonna challenge you all to do something
Speaker 1: really dope. For people that listen to No Sellings podcast,
Speaker 1: we do, we do over We do five figure down
Speaker 1: load thousands every week. Right, give Pete. Give people on
Speaker 1: No Seilings a tip. This is going to have to
Speaker 1: hurt you because you may have to help somebody else
Speaker 1: get rich and naked.
Speaker 3: Everybody always gets rich off of me except for me.
Speaker 3: It never makes any buddy. I I'll screw up some
Speaker 3: small detail.
Speaker 1: Okay, okay, over the next four years, right or the
Speaker 1: next two years, right, because it stays read for the
Speaker 1: next two years. The whole government. And if we never
Speaker 1: knew what a president was going to do when they
Speaker 1: got office. This is if we never knew what a
Speaker 1: president was going to do when they got an offense.
Speaker 1: This is the first time we pretty much know what
Speaker 1: a president is going to do when he gets in office.
Speaker 1: Like we have history on our side, we had a
Speaker 1: breakaway from it. We have projected plans. We see he
Speaker 1: could pretty much pass any idea. Give people that listen
Speaker 1: to no silings. I want you to give them an
Speaker 1: employee tip, like, hey, if you want to actually get
Speaker 1: yourself in position and make some money and get this job,
Speaker 1: this is the specific sector you should go to. And
Speaker 1: then I want you to give the same advice to
Speaker 1: an entrepreneur somebody who's no senters. They got five thousand
Speaker 1: dollars and you say, hey, man, over the next two years,
Speaker 1: if you take this five thousand dollars, you could find
Speaker 1: yourself six figures in the bank. After these two years.
Speaker 1: And I want y'all both to do that because both
Speaker 1: of y'all are minds that I respect. When it comes
Speaker 1: to business. That's that's a jask, yes, and it may
Speaker 1: get in your way of making money, but I want
Speaker 1: people to come back to this specific podcast and say,
Speaker 1: I want somebody to blow up and be like man,
Speaker 1: I was listening to this Glasses and Loan podcast and
Speaker 1: Peter Boss and Rags gave me these great tips and
Speaker 1: it changed my life because enough people listen to where
Speaker 1: it can happen.
Speaker 4: Right, So Pete, you.
Speaker 3: First, all right, at heart, Donald Trump is a Ronald
Speaker 3: Reagan supply sider. So's he's he's. His whole thing is
Speaker 3: supply side economics, meaning you bring prices down by increasing supply,
Speaker 3: and you grow the economy by more growth, more growth,
Speaker 3: more growth, not controlled stuff. So like even as he
Speaker 3: said relative like he said on Rogan in so far
Speaker 3: as the US debt is concerned, he wants to pay
Speaker 3: some of that down. But if you but if you
Speaker 3: grow the economy such that the debt ratio to the
Speaker 3: economy is reduced, it stabilizes the currency anyway, which is
Speaker 3: actually fair. With that in mind, he predicates a lot
Speaker 3: of that growth on as we said mentioned before energy sector.
Speaker 3: But also it's going to require a lot of logistics.
Speaker 3: So if you can get in and around the transportation industry,
Speaker 3: and is.
Speaker 1: The time to get your cdl ASMAD and closer to
Speaker 1: where the money at because there the job and the
Speaker 1: hours are going to be booming there.
Speaker 3: Yeah, or that, and find big logistics. Come andanies and
Speaker 3: start keep an eye on them because they're going to
Speaker 3: start hiring.
Speaker 1: Oh yeah, you know. And and hhmmte ghe I'll say,
Speaker 1: and just and don't do it regionally specific, do it
Speaker 1: either company specific, nationwide.
Speaker 3: Don't be afraid to move. Real estate's going to be
Speaker 3: easier to get in and out of. You know, you
Speaker 3: can put your money to work more easily. You can
Speaker 3: take some take some cash, put in some things. On
Speaker 3: the entrepreneur side, if you have some money, take a
Speaker 3: little bit of time, learn how I would say, if
Speaker 3: you're going to do something without having to show up
Speaker 3: with big money for hardware acquisition stuff, figure out a
Speaker 3: way to provide simple AI based solutions to other small businesses.
Speaker 3: That's that's just free knowledge or cheap cheaply acquired knowledge.
Speaker 3: You could you you'll have to pay some money for
Speaker 3: access to the you know, programs or whatever, but you
Speaker 3: can you can then at a profit provide AI solutions
Speaker 3: simple type stuff to small businesses locally easily, and you can.
Speaker 3: You can get some money that way.
Speaker 1: So use AI as a tool that you're that you
Speaker 1: know about that small businesses are not aware of completely yet. Yeah,
Speaker 1: that's not that's pretty sick, all right, Ray employee tip.
Speaker 5: Entrepreneur tip employee tip that I give anybody before you
Speaker 5: take any job, make sure that they have a match.
Speaker 5: Figure out what that match is, you know, for your
Speaker 5: full one ks or whatever the case may be. Once
Speaker 5: your full one K grows to a certain to a
Speaker 5: certain amount where you can have a down payment on
Speaker 5: your first rental property, go do that because at the
Speaker 5: end of the day, you don't have to pay those
Speaker 5: those games when you actually use the money for something
Speaker 5: else like that, as long as it goes into something else,
Speaker 5: you don't have to end up paying. If it goes
Speaker 5: into your pocket, it's income. If goes into an investment,
Speaker 5: it's another investment. So it's like putting your money into
Speaker 5: another investment.
Speaker 1: That's the first thing person leaving versus leaving it into
Speaker 1: the four to one k.
Speaker 4: Absolutely absolutely. Now for entrepreneur, what I'll say is keep
Speaker 4: you keep your costs low.
Speaker 5: The worst thing I ever did was get a brick
Speaker 5: and mortar, huge space, brick and mortar, had offices, the
Speaker 5: light bills, all of that incurred, all that in front
Speaker 5: load of it.
Speaker 4: I'll never do that again.
Speaker 5: So there's virtual office solutions that you can that you
Speaker 5: can have. You can pretty much run a business on
Speaker 5: an iPhone pretty much like right now. I have a
Speaker 5: virtual office right now that I can go to in
Speaker 5: a big, nice building, big nice part of town. Everything else,
Speaker 5: I pay seventy five dollars a month because it's just
Speaker 5: the virtual office.
Speaker 4: But I could go in there and work.
Speaker 5: If I need to meet clients, I could rent out
Speaker 5: a conference room, all of that stuff, and I only
Speaker 5: pay seventy five dollars a month, you.
Speaker 4: Know what I mean.
Speaker 5: So keep your costs low and just make sure you
Speaker 5: have a good marketing budget. And I'd say, if you
Speaker 5: don't have at least ten thousand dollars a month to
Speaker 5: market in a small business, since then you really should
Speaker 5: give yourself a little bit more time before jumping in.
Speaker 4: Unless it's one of those businesses.
Speaker 5: Like Pete was talking about, where you're providing like AI
Speaker 5: solutions to other companies because you get paid immediately. So
Speaker 5: just don't get into a business that your run time
Speaker 5: to get paid is longer than two weeks.
Speaker 4: That's what I'll say.
Speaker 1: Sure that great call, much loved, fellas. Good looking out
Speaker 1: for tuning into the No Sellers Podcast. Please do us
Speaker 1: a favorite, subscribe, rate, commentist share. This episode was recorded
Speaker 1: right here on the West coast of the USA and
Speaker 1: produced by the Black Effect Podcast Network and now Hard Radio.
Speaker 1: Yeah