1
00:00:01,280 --> 00:00:03,520
Speaker 1: This episode is brought to you by P and C Bank.

2
00:00:03,920 --> 00:00:06,680
Speaker 1: A lot of people think podcasts about work are boring,

3
00:00:06,880 --> 00:00:10,719
Speaker 1: and sure they definitely can be, but understanding of professionals

4
00:00:10,800 --> 00:00:14,040
Speaker 1: routine shows us how they achieve their success little by little,

5
00:00:14,440 --> 00:00:18,079
Speaker 1: day after day. It's like banking with P and C Bank.

6
00:00:18,560 --> 00:00:21,360
Speaker 1: It might seem boring to safe plan and make calculated

7
00:00:21,400 --> 00:00:24,479
Speaker 1: decisions with your bank, but keeping your money boring is

8
00:00:24,520 --> 00:00:27,840
Speaker 1: what helps you live or more happily fulfilled life. P

9
00:00:27,960 --> 00:00:32,800
Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

10
00:00:32,840 --> 00:00:35,479
Speaker 1: Boring since eighteen sixty five is a service mark of

11
00:00:35,520 --> 00:00:38,720
Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

12
00:00:39,159 --> 00:00:41,360
Speaker 1: National Association Member FDIC.

13
00:00:43,080 --> 00:00:44,960
Speaker 2: If you have a swimming pool, I'm not sure if

14
00:00:44,960 --> 00:00:47,440
Speaker 2: you guys sh have you ever heard her think called swimpley?

15
00:00:48,640 --> 00:00:51,319
Speaker 3: No, is that when you rent the pool, you.

16
00:00:51,240 --> 00:00:53,880
Speaker 2: Can rent your you can rent out your backyard. Yeah yeah,

17
00:00:53,920 --> 00:00:56,160
Speaker 2: yeah right, you can run out your backyard. You can

18
00:00:56,240 --> 00:00:58,520
Speaker 2: run out your pool, like I have one of my mentees.

19
00:00:59,000 --> 00:01:02,360
Speaker 2: Every year she rents her backyard at her pool here

20
00:01:02,360 --> 00:01:03,720
Speaker 2: in New York, and.

21
00:01:03,680 --> 00:01:05,200
Speaker 4: It pays her mortgage for the year.

22
00:01:06,720 --> 00:01:11,000
Speaker 2: Like it's incredible, right, because people treat that like an

23
00:01:11,000 --> 00:01:14,360
Speaker 2: event space for the day, right, So you can have

24
00:01:14,480 --> 00:01:17,559
Speaker 2: somebody's backyard for eight to ten hours and you're paying

25
00:01:18,080 --> 00:01:21,640
Speaker 2: two three hundred dollars an hour for the full use

26
00:01:21,680 --> 00:01:24,520
Speaker 2: of their backyard in the swimming pool. So there's so

27
00:01:24,640 --> 00:01:29,039
Speaker 2: many different ways to house hack and generate money with

28
00:01:29,160 --> 00:01:32,240
Speaker 2: a single family or a duplex to make.

29
00:01:32,120 --> 00:01:33,800
Speaker 4: It more affordable.

30
00:01:34,280 --> 00:01:38,560
Speaker 2: Now, also, here's another thing that people don't really realize

31
00:01:38,720 --> 00:01:42,560
Speaker 2: is that border income, aka if you have a roommate.

32
00:01:43,120 --> 00:01:45,720
Speaker 2: What people don't know is Fanny May will allow you

33
00:01:45,800 --> 00:01:50,040
Speaker 2: to use this border income to help you qualify for

34
00:01:50,080 --> 00:01:54,040
Speaker 2: a mortgage under the Fannie Main Home Ready program. Now,

35
00:01:54,080 --> 00:01:57,440
Speaker 2: the requirements is the borrower must have a history of

36
00:01:57,520 --> 00:02:01,520
Speaker 2: receiving that rental income for at least nine of the

37
00:02:01,560 --> 00:02:06,000
Speaker 2: past twelve months, and you need documentation such as your

38
00:02:06,080 --> 00:02:10,079
Speaker 2: lease agreement and show proof or receipt that your roommate

39
00:02:10,320 --> 00:02:14,120
Speaker 2: has been paying you to or since y'all live in

40
00:02:14,160 --> 00:02:16,760
Speaker 2: an apartment together. And then you can use that income

41
00:02:16,880 --> 00:02:19,600
Speaker 2: to help you qualify for a mortgage. So to break

42
00:02:19,639 --> 00:02:22,519
Speaker 2: that down just in quick layman terms, if you are

43
00:02:22,600 --> 00:02:25,360
Speaker 2: living with someone right now and you have a lease

44
00:02:25,600 --> 00:02:27,560
Speaker 2: and they're on the lease with you if they're your

45
00:02:27,560 --> 00:02:29,920
Speaker 2: bona fide roommate, not just someone who's just in the

46
00:02:29,919 --> 00:02:32,760
Speaker 2: house and you say, hey, they live here, No, they

47
00:02:32,840 --> 00:02:35,320
Speaker 2: have to be on your lease. If you know you

48
00:02:35,480 --> 00:02:39,600
Speaker 2: are in position to qualify for a mortgage faster than

49
00:02:39,639 --> 00:02:42,800
Speaker 2: they are. What you should do is collect the money

50
00:02:42,840 --> 00:02:45,799
Speaker 2: their portion of the rent money from them, tell them

51
00:02:45,800 --> 00:02:49,480
Speaker 2: to zelle it to you, cash, app it, whatever it is,

52
00:02:49,880 --> 00:02:53,800
Speaker 2: and make sure you put that is on the memo

53
00:02:54,040 --> 00:02:57,799
Speaker 2: January's rent, February's rent, March rent, right, so we can

54
00:02:57,880 --> 00:03:00,480
Speaker 2: document it that they've been paying you, and then you

55
00:03:00,680 --> 00:03:04,639
Speaker 2: go ahead and pay your landlord from your account. If

56
00:03:04,680 --> 00:03:08,200
Speaker 2: you do that nine months out of the past twelve,

57
00:03:08,720 --> 00:03:12,560
Speaker 2: then when you go qualify for your mortgage, you can

58
00:03:12,800 --> 00:03:16,520
Speaker 2: use that rental income to as part of your income

59
00:03:16,560 --> 00:03:19,280
Speaker 2: to help you qualify for your mortgage.

60
00:03:19,639 --> 00:03:20,680
Speaker 4: Ya got why I'm going with this.

61
00:03:21,400 --> 00:03:23,600
Speaker 3: I see where you're going with this. Documentation is important.

62
00:03:23,680 --> 00:03:27,480
Speaker 1: Making sure you're keeping records is important, and that goes

63
00:03:27,480 --> 00:03:30,240
Speaker 1: with if you're buying an individual home, but even more

64
00:03:30,280 --> 00:03:33,000
Speaker 1: so in this situation when you're trying to have investment property.

65
00:03:33,000 --> 00:03:36,040
Speaker 5: So you might you've unlocked something here. Let's go back

66
00:03:36,040 --> 00:03:41,120
Speaker 5: a little bit, all right, if you're in a relationship

67
00:03:41,120 --> 00:03:45,080
Speaker 5: with somebody, right, And we talked about fifty to fifty

68
00:03:45,160 --> 00:03:49,520
Speaker 5: a lot right on these different shows and podcasts. But

69
00:03:50,600 --> 00:03:53,280
Speaker 5: that's a real thing, though, where somebody lives with somebody

70
00:03:53,360 --> 00:03:57,840
Speaker 5: and they're contributing. They're contributing to something, but most of

71
00:03:57,880 --> 00:03:59,800
Speaker 5: the time they're just giving a person money. So if

72
00:03:59,840 --> 00:04:03,400
Speaker 5: you usually either male or female, somebody has a lease

73
00:04:03,440 --> 00:04:06,600
Speaker 5: in their name and they meet somebody and after a

74
00:04:06,600 --> 00:04:09,160
Speaker 5: while and then that person just kind of ends up

75
00:04:09,200 --> 00:04:11,160
Speaker 5: living with that person, they may not never be on

76
00:04:11,160 --> 00:04:15,240
Speaker 5: the lease, correct, And they're contributing financially on a certain level,

77
00:04:16,520 --> 00:04:20,680
Speaker 5: but there's no real documented record of them contributing financially.

78
00:04:21,000 --> 00:04:21,400
Speaker 4: Correct.

79
00:04:21,560 --> 00:04:26,040
Speaker 5: You're saying that boyfriend, girlfriend, whatever, you're living with somebody,

80
00:04:27,400 --> 00:04:31,880
Speaker 5: that should be something that's documented, because if it is documented,

81
00:04:32,400 --> 00:04:33,200
Speaker 5: then what is it called?

82
00:04:33,960 --> 00:04:36,120
Speaker 4: So it's border income. Right.

83
00:04:36,440 --> 00:04:40,480
Speaker 2: So if in that same situation you have the girlfriend,

84
00:04:41,000 --> 00:04:44,320
Speaker 2: let's just say the boyfriend and the girlfriend moves in, right,

85
00:04:44,640 --> 00:04:47,560
Speaker 2: Let's say that situation, the least is in the boyfriend's name.

86
00:04:48,000 --> 00:04:51,360
Speaker 2: But y'all splitting it fifty to fifty, As Rashad said,

87
00:04:51,960 --> 00:04:56,360
Speaker 2: the girlfriend is not on the lease. Boyfriend is in

88
00:04:56,400 --> 00:04:58,760
Speaker 2: position a year from now he wants to go buy

89
00:04:58,920 --> 00:05:00,599
Speaker 2: a house for them.

90
00:05:00,400 --> 00:05:00,800
Speaker 4: To live in.

91
00:05:02,040 --> 00:05:05,560
Speaker 2: He should now put her on the lease of the apartment.

92
00:05:06,680 --> 00:05:09,520
Speaker 2: And then now when she's making that contribution, don't make

93
00:05:09,560 --> 00:05:13,560
Speaker 2: it on make a cash she should zeale him a

94
00:05:13,600 --> 00:05:18,200
Speaker 2: wire transfer, a cash app put on the memo it's

95
00:05:18,279 --> 00:05:21,640
Speaker 2: for her portion of the rent as long as we

96
00:05:21,720 --> 00:05:25,240
Speaker 2: have that document nine out of twelve months. And then

97
00:05:25,320 --> 00:05:29,239
Speaker 2: now the boyfriend goes to get pre approved and says that, hey,

98
00:05:29,720 --> 00:05:33,560
Speaker 2: this is my roommate. She is going to live in

99
00:05:33,600 --> 00:05:38,160
Speaker 2: the house with me. Now, from a lending perspective, I

100
00:05:38,240 --> 00:05:42,520
Speaker 2: can use the portion of that rental income that she's paying.

101
00:05:42,600 --> 00:05:44,400
Speaker 2: Let's just say it's one thousand dollars a month.

102
00:05:44,760 --> 00:05:46,560
Speaker 1: I was going to say clean, clean number, one thousand

103
00:05:46,640 --> 00:05:49,520
Speaker 1: dollars a month. Right we on the member, I'm putting

104
00:05:49,560 --> 00:05:52,479
Speaker 1: five hundred dollars in toward that. At the end of

105
00:05:52,520 --> 00:05:54,360
Speaker 1: the year. Let's say it's the twelve months. Now, it's

106
00:05:54,360 --> 00:05:56,800
Speaker 1: an additional six thousand dollars that you have an income.

107
00:05:56,839 --> 00:05:59,680
Speaker 2: Correct, that's now is going to be used for the

108
00:05:59,720 --> 00:06:03,520
Speaker 2: boy friend during his pre approval to help them qualify

109
00:06:03,640 --> 00:06:08,960
Speaker 2: for more of a house it's a clean way of

110
00:06:11,320 --> 00:06:17,279
Speaker 2: qualifying with using this roommate income because your roommates. Right

111
00:06:17,400 --> 00:06:20,160
Speaker 2: at the end of the day, you're not legally married.

112
00:06:20,960 --> 00:06:23,960
Speaker 2: You know, you're technically single in the eyes of of

113
00:06:24,000 --> 00:06:28,200
Speaker 2: the law. Boyfriend and girlfriend is not a marital status

114
00:06:28,760 --> 00:06:33,479
Speaker 2: right last time I checked, So you're legally single.

115
00:06:33,560 --> 00:06:34,440
Speaker 4: This is your roommates.

116
00:06:34,480 --> 00:06:37,799
Speaker 2: So if you do it that way, now that rental

117
00:06:37,920 --> 00:06:42,159
Speaker 2: income can now be used to help qualify for a mortgage. Now,

118
00:06:42,720 --> 00:06:45,080
Speaker 2: I know some people are going to say, why won't

119
00:06:45,120 --> 00:06:48,840
Speaker 2: she just go on the mortgage with him this Now

120
00:06:48,880 --> 00:06:52,200
Speaker 2: we talk about divide and conquer. Let's just say now

121
00:06:52,960 --> 00:06:56,200
Speaker 2: they move into this house, they get approved, and they

122
00:06:56,200 --> 00:07:01,279
Speaker 2: wound up separating. Right now, she doesn't have a mortgage

123
00:07:01,320 --> 00:07:04,520
Speaker 2: in her name. She can still go out here and

124
00:07:04,600 --> 00:07:08,720
Speaker 2: buy a duplex, a single family and house hack her

125
00:07:08,760 --> 00:07:13,280
Speaker 2: life away as well. So, just depending on your circumstances

126
00:07:13,280 --> 00:07:17,080
Speaker 2: in your situation, if you understand real estate financing and

127
00:07:17,200 --> 00:07:19,560
Speaker 2: these programs that are out there, and if you set

128
00:07:19,600 --> 00:07:22,760
Speaker 2: your documentation up the right way, you can really go

129
00:07:22,880 --> 00:07:26,400
Speaker 2: out here and scale at a very high level and

130
00:07:26,440 --> 00:07:30,480
Speaker 2: reap all the benefits of wealth building with real estate.

131
00:07:30,560 --> 00:07:31,880
Speaker 4: If you know exactly what you know.

132
00:07:32,720 --> 00:07:35,360
Speaker 3: That's a very vital playment. I never heard that. I'm

133
00:07:35,360 --> 00:07:36,800
Speaker 3: glad you brote that down before.

134
00:07:37,320 --> 00:07:39,760
Speaker 5: It doesn't have to be boyfriend girlfriend either, because there's

135
00:07:39,760 --> 00:07:41,840
Speaker 5: a lot of scenario who somebody lives with somebody.

136
00:07:42,000 --> 00:07:44,160
Speaker 2: It could just be college roommates.

137
00:07:44,040 --> 00:07:45,920
Speaker 3: Or it could be could it be parent.

138
00:07:45,720 --> 00:07:48,520
Speaker 4: Child, No, it can't be parent and child.

139
00:07:49,200 --> 00:07:51,640
Speaker 2: Right, but let's think about college roommates.

140
00:07:51,640 --> 00:07:53,200
Speaker 4: Think about what's just happened to manage you?

141
00:07:53,240 --> 00:07:56,240
Speaker 2: And we have all these college graduates, right, most of

142
00:07:56,280 --> 00:08:00,920
Speaker 2: them have what roommates for the majority, And so, first

143
00:08:00,960 --> 00:08:04,480
Speaker 2: of all, if you just graduated college, congratulations, right, But

144
00:08:04,560 --> 00:08:08,680
Speaker 2: did you know that you can use your college education

145
00:08:08,880 --> 00:08:11,000
Speaker 2: as your work history. You don't need a two year

146
00:08:11,080 --> 00:08:14,200
Speaker 2: job history. You can use your college history as work history.

147
00:08:15,080 --> 00:08:15,960
Speaker 2: Did you guys know that?

148
00:08:17,120 --> 00:08:18,000
Speaker 5: So see that again.

149
00:08:18,320 --> 00:08:21,080
Speaker 2: So you just graduated from college, you did your undergrad

150
00:08:21,400 --> 00:08:25,280
Speaker 2: right four years. You're twenty two years old. You're graduating.

151
00:08:25,760 --> 00:08:29,400
Speaker 2: You just got a job offer from you earn your

152
00:08:29,440 --> 00:08:32,200
Speaker 2: leisure entertainment and you're going to start and you're going

153
00:08:32,240 --> 00:08:34,880
Speaker 2: to be the marketing manager. You're making a base salary

154
00:08:34,880 --> 00:08:36,800
Speaker 2: at one hundred thousand dollars and you have an offer

155
00:08:36,880 --> 00:08:40,800
Speaker 2: letter from Earn Your Leisure Entertainment to start August. First,

156
00:08:41,760 --> 00:08:44,040
Speaker 2: you don't need to work at Earn your Leisure Entertainment

157
00:08:44,040 --> 00:08:47,839
Speaker 2: for two years. You have your college history for four years.

158
00:08:48,320 --> 00:08:51,920
Speaker 2: That's your work history. You can now present that offer

159
00:08:52,040 --> 00:08:54,640
Speaker 2: letter and your first past up and you can buy

160
00:08:54,679 --> 00:08:56,880
Speaker 2: a house immediately.

161
00:08:58,000 --> 00:08:59,680
Speaker 3: So you can use college as work experience.

162
00:09:00,000 --> 00:09:10,280
Speaker 4: Absolutely has that always been the case, absolutely, absolutely right?

163
00:09:10,520 --> 00:09:14,240
Speaker 2: And now if you freak it, you got that college

164
00:09:14,600 --> 00:09:18,640
Speaker 2: history four years, you got your degree. But during college

165
00:09:19,000 --> 00:09:22,960
Speaker 2: you have a single family home that you was renting out,

166
00:09:23,320 --> 00:09:26,160
Speaker 2: and now your roommate is on the lease.

167
00:09:26,320 --> 00:09:27,319
Speaker 4: If you do what we just.

168
00:09:27,280 --> 00:09:29,880
Speaker 2: Said with the boyfriend and girlfriend scenario, now your roommate

169
00:09:29,920 --> 00:09:32,040
Speaker 2: starts paying you, and you know you have a better

170
00:09:32,160 --> 00:09:36,480
Speaker 2: chance of getting the house faster than them have them

171
00:09:36,640 --> 00:09:38,880
Speaker 2: pay you. Now, first of all, everybody got to be

172
00:09:38,920 --> 00:09:42,599
Speaker 2: on the same page with this, right, Everybody got to

173
00:09:42,600 --> 00:09:45,360
Speaker 2: be a team effort here. So now they pay you

174
00:09:45,600 --> 00:09:47,959
Speaker 2: instead of paying their portion of the rent, you pay

175
00:09:48,040 --> 00:09:51,040
Speaker 2: the landlord. And now you can use that border. Now

176
00:09:51,040 --> 00:09:53,760
Speaker 2: only can you use the author letter from Ernur Leisure Entertainment.

177
00:09:53,760 --> 00:09:56,880
Speaker 2: You can also use that roommate income to help you

178
00:09:57,040 --> 00:09:59,800
Speaker 2: qualify because now that roommate is going to move into

179
00:09:59,840 --> 00:10:02,160
Speaker 2: your house with you as well continue to be a roommate.

180
00:10:04,000 --> 00:10:06,640
Speaker 1: And that offer letter is kind of one of those

181
00:10:06,640 --> 00:10:08,600
Speaker 1: things that you kind of need to have in order

182
00:10:08,960 --> 00:10:09,360
Speaker 1: this work.

183
00:10:09,400 --> 00:10:11,040
Speaker 3: You can't just go we.

184
00:10:11,040 --> 00:10:13,640
Speaker 2: Need to We need to show that you got a job, right, right,

185
00:10:14,160 --> 00:10:16,240
Speaker 2: We need to show that you have a job. And

186
00:10:16,280 --> 00:10:19,480
Speaker 2: it's a start date and you can go ahead and

187
00:10:19,520 --> 00:10:23,480
Speaker 2: get pre approved. But one of the pre approval conditions

188
00:10:23,559 --> 00:10:26,400
Speaker 2: is going to be Hey, when you get into contract,

189
00:10:26,400 --> 00:10:29,600
Speaker 2: we need to know that you you're working. Now, we

190
00:10:29,720 --> 00:10:34,040
Speaker 2: need to see pay stubs from EARN your leisure entertainment

191
00:10:34,120 --> 00:10:37,480
Speaker 2: as we use an example to show those pay stubs.

192
00:10:37,920 --> 00:10:40,800
Speaker 2: So that way now and it matches up with the

193
00:10:40,880 --> 00:10:44,400
Speaker 2: income from the offer letter, then boom, you use that

194
00:10:44,400 --> 00:10:46,920
Speaker 2: as long as your credits go your DTI works.

195
00:10:47,520 --> 00:10:50,839
Speaker 4: You don't have to wait two years to qualify.

196
00:10:51,120 --> 00:10:53,320
Speaker 1: Yeah, that's a good hack because there's there's plenty of

197
00:10:53,360 --> 00:10:56,200
Speaker 1: college students who there's three roommates, but this is the

198
00:10:56,200 --> 00:10:58,240
Speaker 1: one person who gets the lease. Right If that person

199
00:10:58,280 --> 00:11:00,199
Speaker 1: now looks at those two and that you just seen

200
00:11:00,240 --> 00:11:02,520
Speaker 1: it for one roommate, yeah, eventually that could be two

201
00:11:02,600 --> 00:11:05,640
Speaker 1: or three roommates that are paying them to that documentation port,

202
00:11:05,679 --> 00:11:07,600
Speaker 1: it becomes even more important exactly.

203
00:11:07,679 --> 00:11:11,720
Speaker 2: But the key is everybody has to be on the lease, right,

204
00:11:11,880 --> 00:11:15,680
Speaker 2: everyone has to pay you, and then everyone has to

205
00:11:15,720 --> 00:11:19,640
Speaker 2: be moving into your house because now it's border income

206
00:11:19,760 --> 00:11:22,760
Speaker 2: roommate income, and we're using that to help qualify. So

207
00:11:22,840 --> 00:11:26,320
Speaker 2: it needs to sustain to the new house, right.

208
00:11:26,720 --> 00:11:27,120
Speaker 4: The key.

209
00:11:27,240 --> 00:11:30,360
Speaker 2: So if everybody's on the same page, this could be

210
00:11:30,440 --> 00:11:32,520
Speaker 2: a home run. But here's how we even go a

211
00:11:32,559 --> 00:11:35,840
Speaker 2: little bit deeper with this pause. If you buy a

212
00:11:35,920 --> 00:11:42,240
Speaker 2: home that has an ADU, an accessory dwelling unit on it, right,

213
00:11:42,280 --> 00:11:45,679
Speaker 2: everybody type ADU on chat. If you have an ADU,

214
00:11:46,760 --> 00:11:51,600
Speaker 2: you can use rental income from an ADU and it

215
00:11:51,679 --> 00:11:54,400
Speaker 2: can help you qualify. So let's just say, for example,

216
00:11:55,040 --> 00:11:58,640
Speaker 2: you don't have the roommates, you live by yourself, but

217
00:11:58,720 --> 00:12:01,840
Speaker 2: you just graduated college. You want to use that college

218
00:12:01,840 --> 00:12:07,480
Speaker 2: degree hack, right, but you might be short with rent

219
00:12:07,600 --> 00:12:10,920
Speaker 2: with income to qualify. You find a house that has

220
00:12:10,960 --> 00:12:14,200
Speaker 2: an ADU and we can use that rental income from

221
00:12:14,240 --> 00:12:20,760
Speaker 2: the ADU to help you qualify as well. And when

222
00:12:20,840 --> 00:12:24,000
Speaker 2: you get into the ADU, now we're going to use

223
00:12:24,160 --> 00:12:27,880
Speaker 2: long term rental income to help you qualify, but that

224
00:12:27,920 --> 00:12:30,439
Speaker 2: does not mean you have to have a long term tenant.

225
00:12:30,920 --> 00:12:35,800
Speaker 2: You can now turn that ADU into an Airbnb, play vrbo,

226
00:12:36,120 --> 00:12:39,040
Speaker 2: you can make it a content studio. There's so many

227
00:12:39,040 --> 00:12:44,200
Speaker 2: different things you can target midterm renters, like traveling nurses,

228
00:12:45,080 --> 00:12:48,600
Speaker 2: like flight attendants, like depending on where city you live.

229
00:12:48,640 --> 00:12:51,119
Speaker 4: So if you live close to airports, you live close.

230
00:12:50,840 --> 00:12:54,880
Speaker 2: To hospitals, right, you should be targeting homes that are

231
00:12:54,920 --> 00:12:58,319
Speaker 2: close to in proximity to these areas because the mid

232
00:12:58,400 --> 00:13:02,400
Speaker 2: term rental income from corporations, right, and you have people

233
00:13:02,440 --> 00:13:04,960
Speaker 2: who travel for corporations. They may need someone to stay

234
00:13:05,040 --> 00:13:07,680
Speaker 2: for six weeks because they're doing a corporate project in

235
00:13:07,720 --> 00:13:10,880
Speaker 2: a certain city. Think about what's happening. And guys, I'm

236
00:13:10,880 --> 00:13:13,240
Speaker 2: gonna tell you another hacking. I've talked about this on

237
00:13:13,280 --> 00:13:15,160
Speaker 2: my program and I know you guys talked about Look

238
00:13:15,160 --> 00:13:18,160
Speaker 2: at all the AI data centers that's being invested in

239
00:13:18,320 --> 00:13:21,960
Speaker 2: built all around the country. Right, you got Texas. I

240
00:13:21,960 --> 00:13:24,680
Speaker 2: think there was two or three half a billion dollar

241
00:13:24,800 --> 00:13:29,280
Speaker 2: projects that was launched this year. Think about it. These

242
00:13:29,320 --> 00:13:32,480
Speaker 2: people are not the people who are constructing this. They're

243
00:13:32,520 --> 00:13:37,120
Speaker 2: not going to be long term residents of Texas. Right,

244
00:13:37,120 --> 00:13:39,959
Speaker 2: They're probably coming in from all different parts of walker life,

245
00:13:40,000 --> 00:13:43,199
Speaker 2: So what do they need rentals? They might only be

246
00:13:43,280 --> 00:13:45,439
Speaker 2: out there to do a job that's going to take

247
00:13:45,480 --> 00:13:48,199
Speaker 2: six months, So what do they need a mid term rental?

248
00:13:48,240 --> 00:13:49,880
Speaker 2: They don't want to sign a year least or a

249
00:13:49,880 --> 00:13:51,920
Speaker 2: two year least. They may need only a six monthly

250
00:13:52,320 --> 00:13:54,800
Speaker 2: eight month least, and it's going to be cheaper than

251
00:13:54,880 --> 00:13:58,320
Speaker 2: the corporations putting them into a hotel because that daily

252
00:13:58,400 --> 00:14:00,959
Speaker 2: rate of a hotel going to add up, you know

253
00:14:00,960 --> 00:14:03,760
Speaker 2: what I'm saying. So you got to really take the

254
00:14:03,840 --> 00:14:07,360
Speaker 2: current events and everything that's happening. I know you guys

255
00:14:07,400 --> 00:14:10,839
Speaker 2: talk about it at scale on market Mondays. Since why

256
00:14:10,840 --> 00:14:12,800
Speaker 2: you need to tap in every Monday eight pm Eastern

257
00:14:12,840 --> 00:14:16,520
Speaker 2: Standard time to see what is moving and shaken because

258
00:14:16,840 --> 00:14:19,880
Speaker 2: all of these moves that's happening in AI, those are

259
00:14:19,920 --> 00:14:23,760
Speaker 2: also real estate plays too. If you're paying attention, erners.

260
00:14:23,480 --> 00:14:23,880
Speaker 3: What's up?

261
00:14:23,960 --> 00:14:26,440
Speaker 1: You ever walk into a small business and everything just

262
00:14:26,600 --> 00:14:29,760
Speaker 1: works like, the checkout is fast, the receipts are digital,

263
00:14:30,280 --> 00:14:33,280
Speaker 1: tipping is a breeze, and you're out the door before

264
00:14:33,280 --> 00:14:37,440
Speaker 1: the line even builds. Odds are they're using square? We

265
00:14:37,600 --> 00:14:40,120
Speaker 1: love supporting businesses that run on Square because it just

266
00:14:40,160 --> 00:14:43,400
Speaker 1: feels seamless. Whether it's a local coffee shop, a vendor

267
00:14:43,440 --> 00:14:45,720
Speaker 1: at a pop up market, or even one of our

268
00:14:45,760 --> 00:14:49,440
Speaker 1: merch partners, Square makes it easy for them to take payments,

269
00:14:49,640 --> 00:14:53,320
Speaker 1: manage inventory, and run their business with confidence, all from

270
00:14:53,440 --> 00:14:56,280
Speaker 1: one simple system. One of the things we love most

271
00:14:56,360 --> 00:15:00,600
Speaker 1: is seeing neighborhood businesses level upsess West Indians by writing

272
00:15:00,640 --> 00:15:03,920
Speaker 1: our community that started with a small takeout counter, Now

273
00:15:03,960 --> 00:15:06,680
Speaker 1: with Square they've been able to expand into a full

274
00:15:06,720 --> 00:15:10,680
Speaker 1: sit down restaurant and even started catering events across the city.

275
00:15:11,200 --> 00:15:13,760
Speaker 1: That's the kind of growth that inspires us, and it's

276
00:15:13,840 --> 00:15:17,600
Speaker 1: powered by Square. Square is built for all types of businesses,

277
00:15:17,800 --> 00:15:20,760
Speaker 1: from the corner bagel shop that turned into a local chain,

278
00:15:21,120 --> 00:15:24,320
Speaker 1: to the specialty market with thousands of unique items, to

279
00:15:24,400 --> 00:15:27,400
Speaker 1: the stylist who's been holding you down for years. If

280
00:15:27,440 --> 00:15:30,280
Speaker 1: you're a business owner or even just thinking about launching

281
00:15:30,280 --> 00:15:33,320
Speaker 1: something soon, Square is hands down one of the best

282
00:15:33,320 --> 00:15:36,440
Speaker 1: tools out there to help you start, run and grow.

283
00:15:36,760 --> 00:15:39,760
Speaker 1: It's not just about payments, it's about giving you time

284
00:15:39,840 --> 00:15:42,800
Speaker 1: back so you can focus on what matters most. Ready

285
00:15:42,800 --> 00:15:46,200
Speaker 1: to see how Square can transform your business visit Square

286
00:15:46,280 --> 00:15:50,800
Speaker 1: dot com Backslash Go Backslash eyl to learn more that

287
00:15:51,000 --> 00:15:56,440
Speaker 1: Square dot Com backslash Go, backslash eyl. Don't wait, don't hesitate.

288
00:15:56,560 --> 00:15:58,920
Speaker 1: Let Square handle the back end so you can keep

289
00:15:58,960 --> 00:16:00,560
Speaker 1: pushing your vision full wor