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Speaker 1: Behind the delivery trucks that keep your life stocked. Thousands

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Speaker 1: of employees at BP go to work every day. People

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Speaker 1: refineries capable of more like making renewable diesel from agricultural waste.

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Speaker 1: People trading and shipping fuels to our customers, and people

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Speaker 1: helping truckers fill up and get maintenance at our convenient locations.

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Speaker 1: They're part of almost three hundred thousand jobs VP supports

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Speaker 1: across the country. Learn more at VP dot com. Slash

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Speaker 1: Investing in America.

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Speaker 2: About the money. This is the financing portion of your

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Speaker 2: land and development. We're going to talk about institutional funding,

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Speaker 2: seller financing, private lenders, and crowdfunding institutional funding. This is

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Speaker 2: where the slides get less cute with visuals, right, but

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Speaker 2: it's a serious matter. Farmers dot gov is a website

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Speaker 2: that I want to tell everybody to check out. You

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Speaker 2: might not have any intention of farming, but with what's

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Speaker 2: going on with food sovereignty, being able to purchase land

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Speaker 2: through the USDA and loan products that are available, as

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Speaker 2: well as being able to take advantage of any grants

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Speaker 2: and different things that are available with food sovereignty projects,

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Speaker 2: it's a no brainer. Look into Farmers dot gov. That

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Speaker 2: is a great resource. When you are purchasing land. Institutional

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Speaker 2: funding is your typical funding. That's when you go to

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Speaker 2: Wells Fargo, Bank of America, Chase, or Citizens Trust Bank,

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Speaker 2: Unity Bank and you say, I want to buy this

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Speaker 2: piece of land, I would like to build a home

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Speaker 2: on it, and I would like to sell it. They've

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Speaker 2: got the best rates that it's the hardest to get,

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Speaker 2: so you're going to need to speak to multiple lenders,

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Speaker 2: and you're going to do best by starting with a

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Speaker 2: bank that you already have a relationship with. So this

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Speaker 2: goes without saying, before you try your hand at investing

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Speaker 2: in any land, you should be credit worthy. You should

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Speaker 2: have an exceptional credit score. You should have money and

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Speaker 2: savings in the bank. At least, you know, twenty five

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Speaker 2: percent of your disposable income should be saved in the

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Speaker 2: bank before you start buying land and investing in this way. Yes,

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Speaker 2: you can buy affordable land at affordable prices cash outright,

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Speaker 2: and if that's the strategy you want to do, by

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Speaker 2: all means do it. But if you're going to do

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Speaker 2: a development project of scale, you're going to need institutional funding.

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Speaker 2: And to get the best rates and to even be

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Speaker 2: considered by a traditional lender, you are going to need

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Speaker 2: exceptional credit and experience that track record. Again, there's ways

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Speaker 2: to get around it if you don't have a track

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Speaker 2: record and no one on your team has a track record.

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Speaker 2: By partnering strategically with your constructor your excuse me, your builder,

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Speaker 2: your developer, speak with multiple lenders. Set up your LLC again,

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Speaker 2: talk to that strategy, that business consultant, that strategist, that

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Speaker 2: business attorney. Put your LLC into position by having the best,

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Speaker 2: most credit worthy people on your LLC, people who have

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Speaker 2: experience in maybe they have been a general contractor if

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Speaker 2: you have someone in your family or in your friend group,

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Speaker 2: use the people who are in the best position to

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Speaker 2: be able to go after institutional funding. If you do that,

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Speaker 2: seller financing is the better option if you know you'd

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Speaker 2: have less than perfect credit.

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Speaker 3: No ash, hold on ask because we got to hear that.

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Speaker 3: We gotta hear that. The good folks that zoom something

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Speaker 3: your sound kIPS going in and.

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Speaker 4: Out, they're trying to sensor you like your sound your asking,

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Speaker 4: can you repeat that because your sound yourself is cutting

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Speaker 4: off like every like ten minutes for like a minute.

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Speaker 5: I don't know.

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Speaker 4: I don't know what's going on, but can you can

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Speaker 4: you start back at the beginning of seller financing please?

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Speaker 3: We can't. We can't let that go on muted.

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Speaker 2: Yes, I apologize. I probably have an unstable internet connection.

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Speaker 4: It's all good any anytime, anytime. Let you do that again,

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Speaker 4: because we don't want anybody to miss any information. Like

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Speaker 4: when your sound goes out, we'll just start talking because

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Speaker 4: it's usually like only for like thirty seconds, So then

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Speaker 4: we'll start talking and then we could just bring you

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Speaker 4: back into just so whenever you hear it start talking,

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Speaker 4: just know that your sound cut out, and then we'll

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Speaker 4: just bring you back in when your sound comes back on.

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Speaker 3: Yeah, because I got my know to ash and I'm like, wait,

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Speaker 3: what just happened?

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Speaker 5: Get the information? Hook a crook man, that's a fact.

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Speaker 3: Shout out to every Shout out to everybody that has

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Speaker 3: their hand raise.

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Speaker 5: We're gonna get to that.

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Speaker 3: When Ashley fins with the presentation, we see the questions,

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Speaker 3: We're gonna get to that, all.

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Speaker 2: Right, bet seller financing. What I was saying is it's

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Speaker 2: usually a better option because seller financing typically does not

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Speaker 2: report to the credit bureaus. Sellers typically just want to

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Speaker 2: get their money, and as long as you pay them,

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Speaker 2: they have no reason to report to the credit bureaus.

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Speaker 2: So that means your debt to income racial is not

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Speaker 2: going to change because that debt that you have on

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Speaker 2: that land is not going to be reported, so you

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Speaker 2: know it, but nobody else is gonna know it. So

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Speaker 2: seller financing means you could go and put loans out

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Speaker 2: on twenty properties real quick and start flipping them on

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Speaker 2: how you might see it as an opportunity, and your

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Speaker 2: debt to income reach is not going to change, and

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Speaker 2: you'll be able to move on your projects or get

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Speaker 2: institutional funding as needed or additional credit cards as needed

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Speaker 2: without these land deals being on your credit report and

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Speaker 2: pulling your debt to income ratio to a lower score.

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Speaker 2: So with seller financing is scamming season, so be careful.

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Speaker 2: People will put a picture of a property up at

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Speaker 2: like they are the seller and you go and you're like, oh,

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Speaker 2: I just bought twenty five acres for five stacks, and

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Speaker 2: you did not just buy twenty five acres for five stacks.

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Speaker 2: So make sure you are doing your due diligence, that

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Speaker 2: you're checking the tax records to make sure that the

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Speaker 2: person who says that they are the owner the seller

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Speaker 2: is the seller. Check with the listing agent, make sure

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Speaker 2: that the listing agent is is an official broker. And

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Speaker 2: you protect yourself in every former fashion by going through

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Speaker 2: a closing attorney on your seller financing deal. That's how

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Speaker 2: you cover your assets. Okay, don't go do a seller

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Speaker 2: financing deal straight up, and you might not actually end

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Speaker 2: up buying this land, unless, of course, you are again

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Speaker 2: a season investor, a season real estate investor that's used

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Speaker 2: to buying properties and putting deeds in at the text

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Speaker 2: assessor's office and with the court in the county. If

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Speaker 2: that's not you, you need a real estate agent and you

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Speaker 2: need a close an attorney to ensure that your transaction

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Speaker 2: with the seller goes through smoothly. Another note, with seller financing,

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Speaker 2: or what's also known as owner financing, you negotiate with

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Speaker 2: the You can negotiate what you want and they can

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Speaker 2: negotiate what they need. So it could be a twenty

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Speaker 2: percent down payment, it could be a fifty percent down payment.

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Speaker 2: It can be a flat monthly rate of interest only

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Speaker 2: with a balloon payment at the end. So make sure

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Speaker 2: that you do good negotiating so that you get the

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Speaker 2: best financing terms possible, so that you don't end up

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Speaker 2: overpaying for this price of land. Because if that's the case,

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Speaker 2: you hustling backwards. So negotiate. Make sure that you got

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Speaker 2: your best negotiator doing the negotiating, and you don't lose

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Speaker 2: your shirt because you're financing a an exorberate interest rate,

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Speaker 2: you're putting too much money down. Any of those things

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Speaker 2: can be a bad situation. So negotiate, negotiate, negotiate, and

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Speaker 2: make sure final note that the owner owns the property

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Speaker 2: the outright. Ideally, if the owner doesn't own the property outright,

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Speaker 2: don't buy it. If the property itself has a mortgage

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Speaker 2: on it, that's going to be more than the down

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Speaker 2: payment you're going to pay, because when you pay that

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Speaker 2: down payment, you want that down payment to clear the mortgage.

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Speaker 2: No out that way, you can end up with the

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Speaker 2: deed in your name. From that moment you leave the

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Speaker 2: closing table, that deed being in your name means it's

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Speaker 2: your property. You can get USDA farm benefits, you can

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Speaker 2: get all of the things that you need. But as

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Speaker 2: long as there's a mortgage on that property, in that

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Speaker 2: seller's name. This deal is a no go in most states.

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Speaker 2: You can't have a property and sell it while you

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Speaker 2: still have a mortgage on it, So be mindful that

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Speaker 2: that mortgage needs to get cleared, and if it can't

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Speaker 2: get cleared, it needs to be assumed, and you need

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Speaker 2: to go through the process of legally assuming that mortgage

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Speaker 2: with the mortgage holder and do it the right way

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Speaker 2: because you do not want to lose your money. Private

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Speaker 2: money lenders highest interest rates, hands down, that's not the

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Speaker 2: way to go if you can avoid it, but it's

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Speaker 2: easier to get most cases. It's based on the deal.

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Speaker 2: And you can also get private money from family and

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Speaker 2: friends if you are lucky enough to have people who

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Speaker 2: are financially Asstoote and who have savings and are interested

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Speaker 2: and able to invest in deals like landdills and new

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Speaker 2: construction opportunities. So if you have somebody in your circle,

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Speaker 2: go get that private money first. Negotiate, negotiate, negotiate, win

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Speaker 2: when right, And if you don't have private money of

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Speaker 2: ail to you in your own personal network, you can

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Speaker 2: go to a hard money lender. Hard money lenders are

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Speaker 2: essentially borrowing the money of all the people in their network.

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Speaker 2: To be able to make loans to you at exorberant

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Speaker 2: interest rates. A good interest rate for somebody who has

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Speaker 2: a pretty good credit score who wants to bus and

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Speaker 2: move before their business has been in business for at

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Speaker 2: least six months. Because typically all of these financing options,

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Speaker 2: except for seller financing, you're gonna want to be in

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Speaker 2: business for at least six months, unless you are doing

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Speaker 2: a farming business in which you can use a USDA

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Speaker 2: startup loan to fund your land purchase and your farming

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Speaker 2: operational expenses. But otherwise you are going to need to

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Speaker 2: have been in business for at least six months, unless

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Speaker 2: you're again going with a hard money lender. If not

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Speaker 2: your heart, your heart money lender is going to look

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Speaker 2: at the credit score of the primary or the managing partner.

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Speaker 2: If that person has like a seven hundred credit score

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Speaker 2: or better, you don't have to have been in business

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Speaker 2: for six months. Again, Typically the deal will dictate the

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Speaker 2: private money lenders situation where you might not need to

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Speaker 2: have good credit, but you definitely need to go and

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Speaker 2: have these conversations again negotiating with your private money lenders.

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Speaker 2: My favorite private money lender is direct lending Partners. They

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Speaker 2: typically do not do deals on land. Most private money

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Speaker 2: lenders or hard money lenders do not do deals on

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Speaker 2: just land. But again, this is America. Anything is possible

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Speaker 2: when you negotiate and open your mouth. Crowdfunding less hoops,

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Speaker 2: less successful crowdfunding. When we started our when we decided

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Speaker 2: to purchase land and we were looking at Toomsboro, we

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Speaker 2: went on to go fund me and we looked and

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Speaker 2: seen about fifteen or twenty crowdfunding campaigns of people trying

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Speaker 2: to fundraise the one point seven million dollars for the

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Speaker 2: city of Toombsboro. Right, crickets on all of the on

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Speaker 2: all of the crowdfunding like, nobody raised more than like

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Speaker 2: a thousand dollars on any of these crowdfunding website on

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Speaker 2: this GoFundMe. So crowdfunding, while everybody gets really excited about

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Speaker 2: it as an option, it's not usually successful unless you're

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Speaker 2: very strategic and you have a huge marketing campaign and

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Speaker 2: a great story. We were able to raise over eighty

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Speaker 2: seven thousand, We're almost close to our eighty eight thousand

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Speaker 2: dollars goal. And we used that as a kind of

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Speaker 2: like a building fun where we were able to clear

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Speaker 2: our land and put down gravel and you know, lay

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Speaker 2: down areas for us to do our uh pavilions and

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Speaker 2: our stages and all those types of things. And so

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Speaker 2: that was a long and hard process to raise eighty

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Speaker 2: eight thousand dollars and we still haven't reached our goal.

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Speaker 2: So I crowdfunding is an option. It doesn't take a

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Speaker 2: lot other than a strong story and marketing campaign, but

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Speaker 2: they don't tend to go as far or be as

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Speaker 2: successful as you would like them to be. And it

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Speaker 2: takes a ton of money to be able to genuinely

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Speaker 2: develop large projects, especially when they don't have, you know,

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Speaker 2: connection to certain infrastructure. So crowdfunding is definitely a later choice.

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Speaker 2: And then there is regulation crowdfunding, which you can raise

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Speaker 2: up to one million and seventy thousand dollars. I'm not

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Speaker 2: very familiar with crowdfunding, and I would love if Troy

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Speaker 2: and Rashad could get somebody who has done some crowdfunding

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Speaker 2: in the EYL University at some point, because.

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Speaker 4: Yeah, yeah, we did Chrisinegal Chrisinegal, and I'm sure he'll

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Speaker 4: come back again and get he could do it.

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Speaker 5: We can do a class on crowdfunding for sure.

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Speaker 2: Yeah.

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Speaker 4: Yeah, he had a very he had a very successful

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Speaker 4: crowdfunding campaign that they raised over a million dollars.

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Speaker 2: See what I'm saying. So we I can't speak to that,

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Speaker 2: but that right there, this is how we really start

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Speaker 2: to develop land. Deal. So that's something that you guys

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Speaker 2: are gonna come back, have to become earners and come

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Speaker 2: back and get this class when it comes. All right,

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Speaker 2: So let's get to the bill. The discovery period. There's

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Speaker 2: a master planning period, there's a design phase of construction

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Speaker 2: and marketing. Discovery starting from scratch means you need to

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Speaker 2: discover the limitations and the restrictions of the land. I

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Speaker 2: saw somebody in the comments say something about feasibility studies.

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Speaker 2: That's this moment of discovery. Right. You can do a

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Speaker 2: feasibility study before you buy the land, but that's a

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Speaker 2: whole lot of money to put into something and then

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Speaker 2: decide not to buy it or go forth. If you

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Speaker 2: study the area, you do your due diligence, you know

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Speaker 2: what's happening in the community, You've got a clear vision

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Speaker 2: when you purchase that land. You can do your feasibility

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Speaker 2: study after the fact. Because developing land is really a

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Speaker 2: lengthy process. It's not an overnight success type situation. It's

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Speaker 2: going to cause for a civil engineer to come in

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Speaker 2: to study the grating and the slopes of the land.

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Speaker 2: There's gonna be someone who goes and drills into the

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Speaker 2: dirt to see how much weight the dirt can withstand,

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Speaker 2: so you know how high you can build and what

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Speaker 2: you can build, and what kind of materials there's gonna

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Speaker 2: be best based on the climate. I'm skipping ahead, but

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Speaker 2: ultimately this discovery period is where you're gonna get your

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Speaker 2: topographical survey done and you're gonna want to understand the

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Speaker 2: demographics of the area. Again, what the median income is,

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Speaker 2: are people graduating from college? Is the crime rates high?

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Speaker 2: All of that good stuff. So that is your discovery period,

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Speaker 2: your master planning period. This is where you're a person

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Speaker 2: that you hired as your master planner looks at where

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Speaker 2: we're gonna put everything at the infrastructure and the roads.

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Speaker 2: Ingress and egress means how you go into the neighborhood,

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Speaker 2: how you go out of the neighborhood, how you go

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Speaker 2: into your driveway, how you go out of your driveway,

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Speaker 2: waste management, stormwater runoff. They're gonna plan all of these things.

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Speaker 2: You are not the person that does that. There's a

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Speaker 2: master planner, a developer or architect, a civil engineer. There

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Speaker 2: are a team of experts that sit down and do

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Speaker 2: your master planning if you're doing a large scale project.

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Speaker 2: If you're doing a smaller scale project, you still need

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Speaker 2: the same people, but you might be able to work

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Speaker 2: with a boutique company that has two, three, four people.

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Speaker 2: Maybe we're in the same ernest.

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Speaker 5: What's up?

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Speaker 2: Hats, but master planning happens. Nonetheless, master planning can cost

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Speaker 2: anywhere from one hundred and fifty dollars to seven fifty

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Speaker 2: an hour, depending on the experience of the master planner,

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Speaker 2: and so you could be looking again depending on the

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Speaker 2: amount of the pri acreage of the project. Are we

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Speaker 2: talking about developing ten acres of land one acre of land?

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Speaker 2: Are we talking about developing four hundred acres of land?

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Speaker 2: That master plan to lay out those streets, those roads,

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Speaker 2: all all of that designed from the information they got

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Speaker 2: in discovery, from that topography report. They're gonna do all

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Speaker 2: of that and it can cost anywhere from ten to

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Speaker 2: fifty thousand or more depending on how much land you

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Speaker 2: are getting planned and who the planner is. Design phase

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Speaker 2: Designing is the next step to your development process. This

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Speaker 2: goes beyond that initial discovery phase intto building homes and

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Speaker 2: structures and retail and commercial based on the climate the area,

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Speaker 2: the needs of the citizens. Areas that are prone to

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Speaker 2: like tornadoes and hurricanes, they will require different kind of

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Speaker 2: building materials than places that are by and don't have

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Speaker 2: those type of climate changes and issues. So all of

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Speaker 2: that can increase the cost of what you're designing. And

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Speaker 2: this is where you can make a lot of money

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Speaker 2: or lose a lot of money because you can overly

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Speaker 2: design and you design something that's too high end for

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Speaker 2: the area, and now you're not selling because it was

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Speaker 2: not the kind of design for this neighborhood. Community and culture.

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Speaker 2: Purchasing land where there's wetlands, deep valleys, other topic, graphical challenges.

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Speaker 2: That's going to create larger budgets because now you're talking

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Speaker 2: about building bridges and how you lay in your foundation.

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Speaker 2: So all of that stuff is a part of the

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Speaker 2: design fast and it's going to create and have a

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Speaker 2: certain budget that will change according to the complexity of

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Speaker 2: the design and the uh, what's the word I want

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Speaker 2: to use, the style, the aesthetic of it. Okay, construction

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Speaker 2: This is the second to the last stage of the

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Speaker 2: rawland development process. In most cases, it's gonna be the first.

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Speaker 2: Your horizontal development. That's the grading of your roles, that's

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Speaker 2: the curves, that's utilities. Eventually you know you're gonna start

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Speaker 2: building the property from the ground up. When you looking

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Speaker 2: for a contract or your construction team, they're gonna get

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Speaker 2: paid in increments from your construction loan and once they

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Speaker 2: have gotten all of the construction done, you're ready to

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Speaker 2: go onto the next phase. And construction again can take

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Speaker 2: longer timeframes based on the complexity of the design, the

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Speaker 2: materials chant leaks in the supply chain or of trying

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Speaker 2: to get certain materials to you. If you have certain

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Speaker 2: materials that you are using because you're committed to green building,

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Speaker 2: or you have a high end design, all of that

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Speaker 2: can lead to higher budgets and costs. When you're looking

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Speaker 2: for a contractor or contractors. You can google what state,

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Speaker 2: what city you're in. If you want to hire you

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Speaker 2: know a minority contractor, a black contractor. Google that put

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Speaker 2: Georgia Minority Contractors Association, put Florida Black Chamber of Commerce,

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Speaker 2: put DC Business League into the results. Call them up

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Speaker 2: and find a reputable contractor if you don't already have

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Speaker 2: someone you know. In branding and marketing, that's the last

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Speaker 2: stage once you've gotten your building done. Before you've gotten

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Speaker 2: your buildings done to be perfectly honest, branding and marketing

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Speaker 2: is what's going to sell this community that you just

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Speaker 2: invested your time, energy and money into. Branding is how

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Speaker 2: you sell, tell the story of why you built it,

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Speaker 2: and attract your ideal residents to the community. And marketing

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Speaker 2: is the active placement of materials and formats that will

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Speaker 2: allow them to see that story and get that story

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Speaker 2: in front of the masses so i can show you

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Speaker 2: better than I can tell you. And I'm going to

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Speaker 2: take you to a community right here in Georgia that's dope.

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Speaker 2: In marketing, this is called Trillist. This is a community

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Speaker 2: that's been being built over the last ten years. It's

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Speaker 2: actually a community that was founded by a production studio

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Speaker 2: called pine Wood Studios. It's in Fayetteville, Georgia. This marketing

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Speaker 2: is what attracts their ideal client. Their values is what

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00:26:56,720 --> 00:27:02,080
Speaker 2: attracts their ideal client. The community that they are building

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00:27:02,640 --> 00:27:07,760
Speaker 2: is for makers, entrepreneurs and storytellers where they can for

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00:27:07,920 --> 00:27:12,640
Speaker 2: fine fulfillment in every way. This is branding a community

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00:27:12,760 --> 00:27:17,000
Speaker 2: tailor made for storytellers. Well, it was a studio that

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00:27:17,320 --> 00:27:21,440
Speaker 2: purchased land built it up, similar to what Tyler Perry

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00:27:21,480 --> 00:27:24,240
Speaker 2: did when he purchased land in East Point to build

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00:27:24,280 --> 00:27:30,719
Speaker 2: Tyler Perry's studios. They built a community that's that economic development.

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00:27:30,760 --> 00:27:36,520
Speaker 2: It's got restaurants in there, homes and so when you

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00:27:36,920 --> 00:27:42,000
Speaker 2: are considering land development and what you're buying, things happen

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00:27:42,040 --> 00:27:45,000
Speaker 2: in phases. And so I wanted to show you this

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00:27:45,160 --> 00:27:48,440
Speaker 2: because when you start talking about doing a land project,

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00:27:48,760 --> 00:27:50,480
Speaker 2: you have to have vision and you have to know

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Speaker 2: where you're going. So I wanted to show you guys

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Speaker 2: Trellis and I'm going to show you got close that door,

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00:27:56,600 --> 00:28:08,320
Speaker 2: please star, thank you, Yes and Sarambi, Georgia. Again marketing,

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00:28:08,560 --> 00:28:11,040
Speaker 2: it just looks like the kind of place where you

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00:28:11,119 --> 00:28:15,399
Speaker 2: want to live. Right, They got goats. So when you

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00:28:15,600 --> 00:28:20,000
Speaker 2: start thinking about your project, begin with the end in mind,

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00:28:20,080 --> 00:28:23,159
Speaker 2: and think about who's going to live here, and build

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Speaker 2: for them, and build in a way that the story

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00:28:26,840 --> 00:28:31,719
Speaker 2: is compelling. That's what we're doing with Freedom Georgia. All

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Speaker 2: right now, I'm going to take you guys to the

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Speaker 2: final stage, and I got three minutes before we go

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00:28:38,320 --> 00:28:42,680
Speaker 2: to questions, some insight and inspiration. Don't wait for opportunities

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00:28:42,720 --> 00:28:46,640
Speaker 2: to come, get up and make them, Madam CJ. Walker.

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Speaker 2: The charter chartering a city. Listen, if you are interested

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00:28:53,120 --> 00:28:56,680
Speaker 2: in chartering a city, hit me up. But the reality is,

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00:28:57,040 --> 00:28:59,960
Speaker 2: as we begin to be more strategic and work these

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00:29:00,200 --> 00:29:06,400
Speaker 2: ideas and principles of group economics and collective economics, and

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00:29:06,440 --> 00:29:10,520
Speaker 2: we're building collectively communities that are safe, that are thriving,

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Speaker 2: the logical next step is a city charter. A city

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00:29:15,800 --> 00:29:19,320
Speaker 2: charter is going to open you up for benefits that

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00:29:19,480 --> 00:29:23,960
Speaker 2: will give you more control over your community long term.

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Speaker 2: When it comes to how your community is developed, police,

433
00:29:29,680 --> 00:29:33,960
Speaker 2: the zoning, the ordinances, the health outcomes, how money that

434
00:29:34,120 --> 00:29:38,640
Speaker 2: gets sent down from the federal government to the state

435
00:29:38,720 --> 00:29:45,200
Speaker 2: government gets distributed is based on these cities and their

436
00:29:45,360 --> 00:29:50,040
Speaker 2: populations and density. So we really got to look at

437
00:29:50,320 --> 00:29:55,200
Speaker 2: how being a city and taking these developments where we're

438
00:29:55,240 --> 00:29:59,680
Speaker 2: building our own infrastructure, building our own culture of shared

439
00:29:59,760 --> 00:30:03,680
Speaker 2: value values. Then we turn go to the next step,

440
00:30:03,960 --> 00:30:10,680
Speaker 2: which is a city charter and electing officials who are

441
00:30:10,720 --> 00:30:15,520
Speaker 2: going to represent our values and do what's best for

442
00:30:15,920 --> 00:30:19,840
Speaker 2: the residents that live in this city. This is called placemaking,

443
00:30:20,200 --> 00:30:23,400
Speaker 2: is what we're doing. It's not just about land developing.

444
00:30:23,720 --> 00:30:27,680
Speaker 2: This is about making places where people feel safe, where

445
00:30:27,720 --> 00:30:33,120
Speaker 2: people have peace, protection, prosperity, and a city is a

446
00:30:33,160 --> 00:30:37,760
Speaker 2: government structure that allows that to actually happen. So that's

447
00:30:37,800 --> 00:30:40,200
Speaker 2: our next step. That's what we're going with this. So

448
00:30:40,320 --> 00:30:44,160
Speaker 2: get strategic, work together with your comrades, with your partners,

449
00:30:44,520 --> 00:30:47,720
Speaker 2: with your like minded business folks in the area, get

450
00:30:47,720 --> 00:30:53,400
Speaker 2: with your economic development authority, get with your black Chambers

451
00:30:53,400 --> 00:30:58,400
Speaker 2: of commerces, and let's start building these cities according to

452
00:30:58,560 --> 00:31:02,320
Speaker 2: our needs, our design. This is how we be strategic.

453
00:31:02,760 --> 00:31:05,560
Speaker 4: That was powerful, Thank you, Thank you. That was That

454
00:31:05,600 --> 00:31:08,360
Speaker 4: was an amazing presentation. So I don't want people to

455
00:31:08,400 --> 00:31:12,360
Speaker 4: take that lightly. It's like, you know, for all the

456
00:31:12,440 --> 00:31:18,480
Speaker 4: years that we go to school, whether it's elementary, high school, college,

457
00:31:18,880 --> 00:31:23,040
Speaker 4: even master degree programs, me personally. I never, you know,

458
00:31:23,440 --> 00:31:27,440
Speaker 4: was taught the process of buying land and this stuff is.

459
00:31:27,480 --> 00:31:29,280
Speaker 4: You would think that this would be one of the

460
00:31:29,400 --> 00:31:33,640
Speaker 4: key things that would consist of an educational experience because

461
00:31:33,680 --> 00:31:36,080
Speaker 4: we all have to live somewhere and land is the

462
00:31:36,200 --> 00:31:40,720
Speaker 4: key component of the planet Earth. And it never, it

463
00:31:40,800 --> 00:31:44,680
Speaker 4: never was actually taught to ninety nine percent of us.

464
00:31:44,960 --> 00:31:49,360
Speaker 4: So it's amazing that you were able to come on

465
00:31:49,480 --> 00:31:53,719
Speaker 4: here and teach this, and we're thankful, so thank you

466
00:31:53,760 --> 00:31:56,800
Speaker 4: for that. And you know, it's also amazing that we

467
00:31:56,800 --> 00:31:59,160
Speaker 4: was able just to even have this platform to actually

468
00:31:59,240 --> 00:32:03,360
Speaker 4: educate people. And it's a very encouraging thing and I'm

469
00:32:03,400 --> 00:32:06,560
Speaker 4: sure everybody is extremely appreciative of it, but do not

470
00:32:06,680 --> 00:32:08,920
Speaker 4: take it for granted. Sometimes when you when you get

471
00:32:08,920 --> 00:32:11,920
Speaker 4: things and it's free, you don't fully appreciate it. But

472
00:32:12,040 --> 00:32:14,960
Speaker 4: it's like, you know, this could have been Harvard, this

473
00:32:14,960 --> 00:32:17,560
Speaker 4: could have been Yale, this could have been any any.

474
00:32:17,320 --> 00:32:18,360
Speaker 5: Level of education.

475
00:32:18,640 --> 00:32:21,720
Speaker 4: I would uh, I would argue that this was this

476
00:32:21,880 --> 00:32:25,000
Speaker 4: was right up there and better than when anybody else

477
00:32:25,040 --> 00:32:28,640
Speaker 4: could have done, whether Oxford, anywhere in the world. So

478
00:32:29,440 --> 00:32:31,560
Speaker 4: that's that's extremely powerful. And now, like I said, this

479
00:32:31,640 --> 00:32:36,000
Speaker 4: kind of information can literally change the trajectory of our

480
00:32:37,160 --> 00:32:41,120
Speaker 4: you know, existence in this country and is something that

481
00:32:41,200 --> 00:32:45,440
Speaker 4: we have not known about for hundreds of years, for centuries.

482
00:32:45,760 --> 00:32:49,000
Speaker 4: So now that we're coming into this information, it's important

483
00:32:49,000 --> 00:32:52,160
Speaker 4: that a we learn as much as possible, we apply it,

484
00:32:53,200 --> 00:32:56,280
Speaker 4: and also we work together as a group. So yeah,

485
00:32:56,320 --> 00:32:59,600
Speaker 4: that's that's something that is extremely extremely powerful.

486
00:32:59,640 --> 00:33:02,080
Speaker 5: So once thank you. So what we're gonna what.

487
00:33:02,040 --> 00:33:04,640
Speaker 4: We're gonna go into now is question answers for about

488
00:33:04,720 --> 00:33:08,200
Speaker 4: twenty minutes. So once again, if anybody joined late, this

489
00:33:08,320 --> 00:33:12,840
Speaker 4: is a special edition of eyl University, so once a month,

490
00:33:12,920 --> 00:33:16,400
Speaker 4: every single month. So with eyl University, we're educational platform.

491
00:33:16,440 --> 00:33:19,440
Speaker 4: Outside of what you see on the podcast. The podcasts

492
00:33:19,480 --> 00:33:23,080
Speaker 4: are episodes where you learn a lot. This is more

493
00:33:23,160 --> 00:33:27,400
Speaker 4: of a hands on learning experience. So every single Wednesday

494
00:33:27,400 --> 00:33:31,280
Speaker 4: at eight o'clock Eastern Standard time, we bring experts from

495
00:33:31,280 --> 00:33:34,080
Speaker 4: the field in and they teach a class via zoom

496
00:33:34,520 --> 00:33:38,400
Speaker 4: and it's on everything everything from how to wholesale real estate,

497
00:33:38,760 --> 00:33:42,720
Speaker 4: to how to analyze the real estate, they'll investing, cryptocurrency,

498
00:33:43,080 --> 00:33:43,600
Speaker 4: you name it.

499
00:33:43,640 --> 00:33:45,680
Speaker 5: We've had a class and we're going to have more classes.

500
00:33:46,560 --> 00:33:51,120
Speaker 4: And then that's every week and then every other Sunday

501
00:33:51,360 --> 00:33:54,800
Speaker 4: is our book club headed up by Troy, and then

502
00:33:55,000 --> 00:33:58,040
Speaker 4: the alternate Sunday is MG no mortgage guy. He has

503
00:33:58,080 --> 00:34:01,520
Speaker 4: a real estate call and then once a month I

504
00:34:01,560 --> 00:34:04,600
Speaker 4: do a financial planning call. So those are all the

505
00:34:04,680 --> 00:34:07,880
Speaker 4: things that are in existence of Eyo University now right now.

506
00:34:08,560 --> 00:34:12,279
Speaker 4: But as I said, we're actually we're putting Eyo University

507
00:34:12,760 --> 00:34:15,120
Speaker 4: the undergrad department as you know it. We're gonna we're

508
00:34:15,120 --> 00:34:16,919
Speaker 4: gonna end it. This is this will be the last

509
00:34:16,920 --> 00:34:20,160
Speaker 4: week of Eyo University as you know it. We're taking

510
00:34:20,160 --> 00:34:21,600
Speaker 4: a win a break for two weeks and then we're

511
00:34:21,600 --> 00:34:23,719
Speaker 4: coming back in twenty twenty one. We're coming back in

512
00:34:23,800 --> 00:34:27,080
Speaker 4: twenty twenty one with a whole new, revamped product. We're

513
00:34:27,080 --> 00:34:31,040
Speaker 4: gonna have a professor series where we're bringing in experts

514
00:34:31,080 --> 00:34:34,120
Speaker 4: to teach classes four times a year. So it's not

515
00:34:34,160 --> 00:34:36,160
Speaker 4: just gonna be one off because sometimes it's hard to

516
00:34:36,239 --> 00:34:38,360
Speaker 4: learn with just a one off class.

517
00:34:38,360 --> 00:34:41,960
Speaker 5: So we're gonna do four different classes. Business is gonna.

518
00:34:41,719 --> 00:34:44,640
Speaker 4: Teach about taxes, ash cash, You gonna teach about financial literacy.

519
00:34:44,920 --> 00:34:47,279
Speaker 4: Brandon Rule will teach about real estates, so Being will

520
00:34:47,280 --> 00:34:51,640
Speaker 4: teach about all things legal. Quentin Martin will be our

521
00:34:51,680 --> 00:34:58,360
Speaker 4: investor teacher kwame uncle will teach about a variety of

522
00:34:58,360 --> 00:35:01,840
Speaker 4: different business topics and credit. We will teach about.

523
00:35:02,200 --> 00:35:04,640
Speaker 5: The world of credit.

524
00:35:05,040 --> 00:35:08,759
Speaker 4: And actually I heard might be interested in being a

525
00:35:08,760 --> 00:35:11,400
Speaker 4: professor also, So I don't want to put her on

526
00:35:11,440 --> 00:35:11,800
Speaker 4: the spot.

527
00:35:11,880 --> 00:35:15,280
Speaker 2: But I've been there. I already said I am down.

528
00:35:15,520 --> 00:35:19,080
Speaker 4: So I'm about let me ask you this, because you're

529
00:35:19,080 --> 00:35:21,680
Speaker 4: a member of euy University, how has your experience been

530
00:35:21,719 --> 00:35:22,040
Speaker 4: so far?

531
00:35:22,080 --> 00:35:24,319
Speaker 5: You just joined a couple days ago. Behind you, it

532
00:35:24,360 --> 00:35:25,360
Speaker 5: was not a couple.

533
00:35:25,160 --> 00:35:27,759
Speaker 2: Of days ago. It's been a couple of weeks. Thank

534
00:35:27,800 --> 00:35:29,759
Speaker 2: you very much. You trying to play me like I

535
00:35:29,880 --> 00:35:34,640
Speaker 2: just signed up, Like I just jumped on your bandwagon. Okay,

536
00:35:35,120 --> 00:35:38,000
Speaker 2: I actually signed up after I did the first e

537
00:35:38,200 --> 00:35:43,160
Speaker 2: y L University with y'all. One of my partners, Greg Mullen,

538
00:35:43,239 --> 00:35:43,759
Speaker 2: shout out to.

539
00:35:43,800 --> 00:35:49,960
Speaker 7: Him, shout the shout out to calv He's also earner.

540
00:35:50,080 --> 00:35:52,680
Speaker 7: So I was like, oh, I can't have Kevin and

541
00:35:52,920 --> 00:35:56,440
Speaker 7: Greg getting all this good information without me.

542
00:35:57,200 --> 00:36:01,120
Speaker 2: So yeah, it's been a great ex experience. Like I've

543
00:36:01,200 --> 00:36:03,160
Speaker 2: just been going hard in the real estate section. But

544
00:36:03,200 --> 00:36:08,080
Speaker 2: it's like so many classes, Like I'm not even like

545
00:36:08,200 --> 00:36:11,280
Speaker 2: it's too much I'm like, it's a lot, Like it's stuff.

546
00:36:12,520 --> 00:36:16,600
Speaker 2: I've watched two classes. I literally sat there like taking notes,

547
00:36:16,640 --> 00:36:20,799
Speaker 2: and I was blown away by the level of information

548
00:36:20,920 --> 00:36:24,000
Speaker 2: and insight that I was able to get. As somebody

549
00:36:24,040 --> 00:36:26,239
Speaker 2: who know a little something, you know, I still was

550
00:36:26,320 --> 00:36:28,560
Speaker 2: able to learn, which is really cool.

551
00:36:28,800 --> 00:36:31,920
Speaker 3: Yeah, we're gonna we always, We're always gonna over deliver

552
00:36:32,360 --> 00:36:33,120
Speaker 3: an under promise.

553
00:36:33,160 --> 00:36:33,640
Speaker 5: That's that's all.

554
00:36:33,719 --> 00:36:34,960
Speaker 3: That's kind of how we live in right now.

555
00:36:35,239 --> 00:36:35,919
Speaker 5: And it's like the.

556
00:36:35,800 --> 00:36:39,120
Speaker 4: Most the most successful people always are investing themselves in

557
00:36:39,680 --> 00:36:44,279
Speaker 4: for Actually, obviously she's an extremely intelligent person and she's like, yo,

558
00:36:44,360 --> 00:36:45,240
Speaker 4: I want to be an earner.

559
00:36:45,520 --> 00:36:48,720
Speaker 5: I'm not. I'm not above being a member of Eyo University.

560
00:36:48,719 --> 00:36:50,480
Speaker 5: And she joined. I didn't even know she was joining.

561
00:36:50,880 --> 00:36:53,560
Speaker 4: She joined and she became a member and she she's

562
00:36:53,560 --> 00:36:56,520
Speaker 4: studying herself. So that's that's dope, and that's that says

563
00:36:56,560 --> 00:36:59,160
Speaker 4: a lot. So thank you for that. So we're going

564
00:36:59,239 --> 00:37:01,840
Speaker 4: to get to question. But before we do, like I

565
00:37:01,840 --> 00:37:04,200
Speaker 4: said this, this is the last thing that we're gonna

566
00:37:04,239 --> 00:37:07,720
Speaker 4: do for Eyle University this uh this year.

567
00:37:08,080 --> 00:37:10,000
Speaker 5: On Monday, we're changing it and then we're gonna come

568
00:37:10,040 --> 00:37:13,640
Speaker 5: back January first. If you're interested in joining Eyo University.

569
00:37:13,680 --> 00:37:16,680
Speaker 5: Like I said, we're revamping this whole thing. We with

570
00:37:16,880 --> 00:37:20,040
Speaker 5: the revamp, everything is changing, including the price. The price

571
00:37:20,120 --> 00:37:23,919
Speaker 5: is gonna double because we have we're paying professors now,

572
00:37:24,040 --> 00:37:29,000
Speaker 5: we got a full time admin. Everything is changing. We're

573
00:37:29,040 --> 00:37:31,320
Speaker 5: really really taking us to the next level. If you

574
00:37:31,480 --> 00:37:35,279
Speaker 5: joined today, it's forty percent off, which is four four

575
00:37:35,320 --> 00:37:38,120
Speaker 5: hundred dollars for the entire year, including seventy classes, all

576
00:37:38,160 --> 00:37:40,800
Speaker 5: stuff I just named your grandfathered them for that price

577
00:37:40,840 --> 00:37:45,439
Speaker 5: next year. And yeah, so this is the last forty

578
00:37:45,480 --> 00:37:48,160
Speaker 5: eight hours. You got forty eight hours before that changes.

579
00:37:48,440 --> 00:37:50,879
Speaker 5: So if you're interested, I pinned it in YouTube. It's

580
00:37:50,920 --> 00:37:56,440
Speaker 5: eyl university dot com into promo code freedom at the

581
00:37:56,560 --> 00:38:01,320
Speaker 5: end at checkout. And I mean, like, realistically, four hundred dollars,

582
00:38:01,160 --> 00:38:04,040
Speaker 5: that's like a that's a good dinner with two people

583
00:38:05,280 --> 00:38:06,080
Speaker 5: in New York City.

584
00:38:06,120 --> 00:38:08,120
Speaker 4: That's a good dinner, two people, a bottle of wine.

585
00:38:08,160 --> 00:38:10,520
Speaker 4: So to have this level of education, I think that

586
00:38:10,600 --> 00:38:15,960
Speaker 4: we there's nothing comparable to it, especially for that price point.

587
00:38:17,280 --> 00:38:20,400
Speaker 4: I mean, people charge ten thousand dollars, nine thousand dollars

588
00:38:20,400 --> 00:38:22,880
Speaker 4: for that level of education for a lot less, a

589
00:38:22,880 --> 00:38:24,400
Speaker 4: lot less actually.

590
00:38:25,960 --> 00:38:28,840
Speaker 3: I always say, man, there's no platform that has this

591
00:38:29,040 --> 00:38:31,960
Speaker 3: much information in so many different areas.

592
00:38:31,960 --> 00:38:32,160
Speaker 6: Man.

593
00:38:32,239 --> 00:38:35,000
Speaker 3: So, like you said, this is this is in college.

594
00:38:35,080 --> 00:38:37,000
Speaker 3: This is like two textbooks that you're not even gonna

595
00:38:37,040 --> 00:38:39,080
Speaker 3: use because they're gonna give you a new version of

596
00:38:39,120 --> 00:38:40,240
Speaker 3: it the next semester.

597
00:38:40,400 --> 00:38:41,800
Speaker 5: So Ashley.

598
00:38:41,920 --> 00:38:45,200
Speaker 4: Ashley's presentation was a book that was actly like a book,

599
00:38:45,239 --> 00:38:46,920
Speaker 4: like if you if you put that in book form,

600
00:38:47,200 --> 00:38:49,319
Speaker 4: that's about one hundred and forty.

601
00:38:49,040 --> 00:38:51,000
Speaker 3: Pages, and that was a scaled down version.

602
00:38:51,480 --> 00:38:53,480
Speaker 5: Yeah that's crazy, that's crazy.

603
00:38:53,520 --> 00:38:55,880
Speaker 4: So so yeah, we're interested in having all you guys

604
00:38:55,960 --> 00:38:56,720
Speaker 4: join is Pinned.

605
00:38:56,719 --> 00:38:58,200
Speaker 5: I'll put it back into YouTube.

606
00:38:58,560 --> 00:39:03,959
Speaker 4: It's Eyo University into promo code Freedom, and the price

607
00:39:04,000 --> 00:39:05,719
Speaker 4: will be doubling. It's the first time the price is

608
00:39:05,719 --> 00:39:08,880
Speaker 4: ever doubled. But we can do that in good conscious

609
00:39:08,880 --> 00:39:11,239
Speaker 4: because we're giving you a heads up. So we're giving

610
00:39:11,239 --> 00:39:14,120
Speaker 4: you a heads up that the price is doubling. In

611
00:39:14,120 --> 00:39:14,880
Speaker 4: two days.

612
00:39:16,719 --> 00:39:20,880
Speaker 8: My graduates from my school being forced bad drop.

613
00:39:21,280 --> 00:39:36,120
Speaker 5: Bag drop, Mike drop bad drop drops Coach.

614
00:39:36,239 --> 00:39:37,760
Speaker 6: The energy out there felt different.

615
00:39:37,880 --> 00:39:39,240
Speaker 2: What changed for the team today?

616
00:39:39,320 --> 00:39:41,440
Speaker 8: It was the new game day scratches from the California

617
00:39:41,520 --> 00:39:44,880
Speaker 8: Lottery players. Everything those games sent the team's energy through

618
00:39:44,920 --> 00:39:45,239
Speaker 8: the roof.

619
00:39:45,320 --> 00:39:47,319
Speaker 3: Are you saying it was the off field play that

620
00:39:47,360 --> 00:39:48,759
Speaker 3: made the difference on the field.

621
00:39:48,560 --> 00:39:51,319
Speaker 8: Hey, little play makes your day, and today it made

622
00:39:51,360 --> 00:39:54,040
Speaker 8: the game. That's all for now, Coach one more.

623
00:39:53,960 --> 00:39:57,040
Speaker 2: Question play than New Los Angeles Chargers, San Francisco forty

624
00:39:57,120 --> 00:39:59,880
Speaker 2: nine Ers and Los Angeles Ram Scratchers from the California.

625
00:40:00,480 --> 00:40:03,600
Speaker 2: A little play can make your day. Fease play responsibly.

626
00:40:03,680 --> 00:40:05,239
Speaker 2: Must be eighteen years or older to purchase play or

627
00:40:05,239 --> 00:40:05,520
Speaker 2: claim