1 00:00:03,400 --> 00:00:05,840 Speaker 1: What's up his way up with Angela Yee. And you 2 00:00:05,880 --> 00:00:08,440 Speaker 1: know what today is. It's a really special day, I 3 00:00:08,440 --> 00:00:11,799 Speaker 1: mean super special today. It's a Wealth Wednesday, but not 4 00:00:11,880 --> 00:00:15,040 Speaker 1: just any Wealth Wednesday. We are launching our real estate club, 5 00:00:15,280 --> 00:00:17,600 Speaker 1: the Wealth Wednesday's Real Estate Club. And of course Stacy 6 00:00:17,640 --> 00:00:18,680 Speaker 1: Tisday is here with me. 7 00:00:18,920 --> 00:00:22,120 Speaker 2: Happy Wealth Wednesdays everybody, the first Wednesday of the new year. 8 00:00:22,880 --> 00:00:27,280 Speaker 1: Absolutely, and we have two very special guests here with us. 9 00:00:27,520 --> 00:00:30,720 Speaker 2: We have Saam Ibrahim. You're going to be hearing a 10 00:00:30,760 --> 00:00:34,319 Speaker 2: lot about and we're so excited he will be joining us. 11 00:00:34,320 --> 00:00:36,160 Speaker 2: You will be able to hear him every month when 12 00:00:36,200 --> 00:00:39,879 Speaker 2: we do our real estate segments. We have launched this 13 00:00:40,000 --> 00:00:43,159 Speaker 2: Wealth Wednesday's Real Estate Club with the goal of getting 14 00:00:43,240 --> 00:00:47,080 Speaker 2: one hundred million dollars of new real estate into our community. 15 00:00:47,360 --> 00:00:48,720 Speaker 1: Got to put that goal out there. 16 00:00:48,760 --> 00:00:50,080 Speaker 2: You got to put that goal out there. 17 00:00:50,120 --> 00:00:51,519 Speaker 3: It's going to be a huge transfer of wealth in 18 00:00:51,560 --> 00:00:52,320 Speaker 3: twenty twenty five. 19 00:00:52,440 --> 00:00:55,640 Speaker 2: Yeah, so many people think home ownerships out of their reach. 20 00:00:55,800 --> 00:00:57,760 Speaker 2: So many people dream of home ownership. This is the 21 00:00:57,840 --> 00:01:00,320 Speaker 2: year you're going to make it a reality. We're so 22 00:01:00,400 --> 00:01:06,000 Speaker 2: excited about this. And real estate has just always been 23 00:01:06,040 --> 00:01:08,480 Speaker 2: our passion. You've known that for listening from listening to us. 24 00:01:08,560 --> 00:01:11,160 Speaker 2: But I know, Angela, when we talked about this idea, 25 00:01:11,240 --> 00:01:13,400 Speaker 2: you just jumped over it. 26 00:01:13,520 --> 00:01:16,039 Speaker 1: Yeah, you know what real estate has been something that 27 00:01:17,040 --> 00:01:19,240 Speaker 1: I've been really I got my real estate license in 28 00:01:19,280 --> 00:01:22,520 Speaker 1: New York and I'm actually got some other announcements about that. 29 00:01:22,600 --> 00:01:24,679 Speaker 1: But I'm going to be leading a team in Brooklyn 30 00:01:24,720 --> 00:01:26,680 Speaker 1: as well. When it comes to real estate, and I'm 31 00:01:26,720 --> 00:01:28,880 Speaker 1: always a big fan of if you want to do something, 32 00:01:28,920 --> 00:01:31,039 Speaker 1: get as much knowledge as you can about it and 33 00:01:31,120 --> 00:01:33,399 Speaker 1: talk to professionals and people who have done it and 34 00:01:33,440 --> 00:01:36,200 Speaker 1: people who you can trust, who you actually know. And 35 00:01:36,280 --> 00:01:39,640 Speaker 1: we have Lawrence here with us too, and Lawrence actually 36 00:01:39,640 --> 00:01:41,839 Speaker 1: worked with you Saam right, it's correct, that's. 37 00:01:41,720 --> 00:01:43,600 Speaker 3: Right about a year now, right, Yeah, it's been a year. Yep. 38 00:01:43,640 --> 00:01:45,320 Speaker 4: Started last year around the time. Yeah, he's got an 39 00:01:45,319 --> 00:01:48,760 Speaker 4: amazing story. We're so excited to do this. People out 40 00:01:48,800 --> 00:01:51,240 Speaker 4: there think it that owning a property, owning investment property, 41 00:01:51,280 --> 00:01:54,560 Speaker 4: own a home, living is so far and it's unachievable. 42 00:01:54,720 --> 00:01:56,320 Speaker 4: We're here to show you that it's closer than you think. 43 00:01:56,640 --> 00:01:56,840 Speaker 4: You know. 44 00:01:56,920 --> 00:01:59,600 Speaker 1: And along the lines of wanting to do real estate, 45 00:01:59,640 --> 00:02:03,600 Speaker 1: I was this story yesterday about from the Golden State Warriors, 46 00:02:03,640 --> 00:02:07,000 Speaker 1: Moses Moody, he would play ball, but then he also 47 00:02:07,200 --> 00:02:09,240 Speaker 1: wanted to get into real estate, and he did an 48 00:02:09,240 --> 00:02:14,320 Speaker 1: internship at Searenstein Properties and so now he's like really 49 00:02:14,360 --> 00:02:17,120 Speaker 1: doing it. But I'm a fan of not just investing, 50 00:02:17,120 --> 00:02:20,480 Speaker 1: but also learning everything that you can and maximizing all 51 00:02:20,480 --> 00:02:23,080 Speaker 1: of that, because it's harder for people to get over you, 52 00:02:23,200 --> 00:02:24,680 Speaker 1: get over on you, but also harder for you to 53 00:02:24,680 --> 00:02:27,200 Speaker 1: miss out on opportunities if you have the access and 54 00:02:27,240 --> 00:02:27,840 Speaker 1: the knowledge. 55 00:02:27,919 --> 00:02:31,160 Speaker 2: Absolutely and well here today there's so many creative ways 56 00:02:31,280 --> 00:02:34,760 Speaker 2: you can get into real estate without having the money 57 00:02:34,800 --> 00:02:36,360 Speaker 2: you think you need to get it, without having the 58 00:02:36,400 --> 00:02:38,520 Speaker 2: credit score you think you need. And this you're going 59 00:02:38,600 --> 00:02:41,080 Speaker 2: to learn all of that. Yes, And I was looking 60 00:02:41,120 --> 00:02:44,280 Speaker 2: at some recent news too over the past couple of 61 00:02:44,320 --> 00:02:47,079 Speaker 2: days and a s story and a poll on the 62 00:02:47,080 --> 00:02:50,520 Speaker 2: Wall Street Journal at ninety percent of Americans are starting 63 00:02:50,520 --> 00:02:52,560 Speaker 2: to feel like home ownership is out of their reach, 64 00:02:53,600 --> 00:02:58,240 Speaker 2: and that really struck a chord with me. And then 65 00:02:59,000 --> 00:03:01,480 Speaker 2: it should be in there each they should be wanting. Yet, 66 00:03:01,480 --> 00:03:03,240 Speaker 2: because Angela and I have been talking about this for 67 00:03:03,240 --> 00:03:08,760 Speaker 2: a couple of days that the Aspen Institute found that 68 00:03:08,880 --> 00:03:13,480 Speaker 2: a homeowner's net worth is four hundred thousand dollars the 69 00:03:13,560 --> 00:03:17,080 Speaker 2: average median homeowner in the United States, whereas the median 70 00:03:17,240 --> 00:03:21,280 Speaker 2: net worth of a renter it's ten thousand, four hundred dollars. 71 00:03:21,280 --> 00:03:22,280 Speaker 1: It's a huge difference. 72 00:03:22,639 --> 00:03:25,880 Speaker 2: That's crazy forty times just from home ownership. So we're 73 00:03:25,880 --> 00:03:29,880 Speaker 2: going to make it accessible to everybody, and every the 74 00:03:29,919 --> 00:03:33,880 Speaker 2: second Wednesday of every month you can listen to us 75 00:03:33,919 --> 00:03:37,040 Speaker 2: to segments of all things real estate. But saam first 76 00:03:37,080 --> 00:03:39,880 Speaker 2: tell people what they're going to actually experience by being 77 00:03:39,920 --> 00:03:41,520 Speaker 2: in the Wealth Wednesday's real Estate Club. 78 00:03:41,600 --> 00:03:44,280 Speaker 4: Yeah, so we're gonna so as part of the Wealth 79 00:03:44,280 --> 00:03:46,480 Speaker 4: Wednesday's Club, a real estate club, you're going to get 80 00:03:46,480 --> 00:03:50,480 Speaker 4: not only firsthand knowledge and experience about all different aspects 81 00:03:50,480 --> 00:03:54,160 Speaker 4: from the Burr strategy of buying rental properties and buying 82 00:03:54,160 --> 00:03:56,320 Speaker 4: them with very little money invested long term, so you 83 00:03:56,320 --> 00:03:59,360 Speaker 4: start building your wealth by simply owning property. You're gonna 84 00:03:59,400 --> 00:04:01,440 Speaker 4: learn the fix and process. We're going to talk about 85 00:04:01,440 --> 00:04:03,440 Speaker 4: how to raise money. We're going to talk about something 86 00:04:03,480 --> 00:04:06,040 Speaker 4: called whole selling real estate contracts, which allows you to 87 00:04:06,080 --> 00:04:07,920 Speaker 4: get involved in real estate and start making money well 88 00:04:07,920 --> 00:04:10,880 Speaker 4: out actually having to buy properties on firsthand. You're gonna 89 00:04:10,880 --> 00:04:13,240 Speaker 4: be able to network networks probably the biggest part of it, 90 00:04:13,280 --> 00:04:15,920 Speaker 4: because you're part of a community that supports each other 91 00:04:15,920 --> 00:04:17,960 Speaker 4: and works together. And Lawrence can speak on that all 92 00:04:18,040 --> 00:04:20,720 Speaker 4: day long, right and hopefully will today. You're going to 93 00:04:20,800 --> 00:04:23,440 Speaker 4: also get access to us as to be for Q 94 00:04:23,560 --> 00:04:26,400 Speaker 4: and A, to ask questions, to guide you, to help 95 00:04:26,480 --> 00:04:28,960 Speaker 4: you if you come across something. Chances are we've dealt 96 00:04:28,960 --> 00:04:30,680 Speaker 4: with it before. We've done this a few times, right, 97 00:04:31,200 --> 00:04:33,560 Speaker 4: once twice, maybe fourteen hundred times at that, right, So 98 00:04:33,880 --> 00:04:36,040 Speaker 4: I think we've come across it exactly. 99 00:04:37,040 --> 00:04:38,960 Speaker 2: That's exactly one of the reasons we wanted to do 100 00:04:39,000 --> 00:04:42,640 Speaker 2: this with you. You've done over fourteen hundred real estate transactions. 101 00:04:42,920 --> 00:04:44,200 Speaker 2: How big is the portfolio? 102 00:04:44,560 --> 00:04:47,120 Speaker 4: The portfolio is worth over eighty million dollars. We've purchased 103 00:04:47,120 --> 00:04:48,440 Speaker 4: over a quarter billion dollars in real. 104 00:04:48,400 --> 00:04:50,280 Speaker 1: Estate for just over because I want to go to 105 00:04:50,360 --> 00:04:55,840 Speaker 1: the hotel and the Dominican Republican by a hotel, Yes. 106 00:04:55,000 --> 00:04:57,960 Speaker 2: And over six hundred properties. And we again, we really 107 00:04:58,000 --> 00:05:01,200 Speaker 2: wanted to do this, but soone many people out there 108 00:05:01,240 --> 00:05:04,000 Speaker 2: are real estate quote unquote experts that they've done maybe 109 00:05:04,040 --> 00:05:07,599 Speaker 2: ten twenty transactions, So really your track record. 110 00:05:07,400 --> 00:05:10,800 Speaker 3: Or maybe none or none, exactly exactly, Well. 111 00:05:10,680 --> 00:05:12,320 Speaker 1: There's I know you were about to say something. 112 00:05:12,720 --> 00:05:15,480 Speaker 4: Oh, no, you were talking about the the hotel. 113 00:05:15,600 --> 00:05:17,839 Speaker 3: I said, in three weeks, you'll be able to visit two. 114 00:05:17,680 --> 00:05:20,800 Speaker 4: Of hotel because I'm actually closing on the Oh when 115 00:05:20,839 --> 00:05:21,440 Speaker 4: you're in the game. 116 00:05:21,600 --> 00:05:23,280 Speaker 2: Wait you step back up, back up, back up. 117 00:05:23,440 --> 00:05:24,800 Speaker 1: You didn't tell us this, You. 118 00:05:24,720 --> 00:05:28,000 Speaker 2: Have to tell Okay, Lawrence has been in working with 119 00:05:28,040 --> 00:05:30,719 Speaker 2: Sam for over a year now. We've stolen both of 120 00:05:30,760 --> 00:05:33,479 Speaker 2: them to create this Wealth Wednesday's Real Estate Club. But 121 00:05:33,560 --> 00:05:38,200 Speaker 2: you met Saam in late twenty twenty three. Correct, fill 122 00:05:38,200 --> 00:05:41,159 Speaker 2: in the blanks of the no blanks, just a question, right. 123 00:05:41,240 --> 00:05:44,240 Speaker 2: You bought four properties in twenty twenty four and you 124 00:05:44,279 --> 00:05:46,040 Speaker 2: didn't use any of your own money. 125 00:05:46,120 --> 00:05:47,400 Speaker 1: But before you say that, I want to know how 126 00:05:47,440 --> 00:05:49,599 Speaker 1: you evenknew you could trust Sam and how you met him, 127 00:05:49,960 --> 00:05:53,120 Speaker 1: because sometimes people are very scared to take that first step. 128 00:05:53,440 --> 00:05:55,839 Speaker 1: So tell me what your process was to even say 129 00:05:55,920 --> 00:05:57,040 Speaker 1: let me link up. 130 00:05:57,240 --> 00:05:57,440 Speaker 3: Yeah. 131 00:05:57,520 --> 00:06:00,320 Speaker 4: Yeah, So I've been traveling to dr you know for 132 00:06:00,320 --> 00:06:02,320 Speaker 4: the last three years prior to twenty twenty three. My 133 00:06:02,360 --> 00:06:04,120 Speaker 4: best friend bought a villa out there, and I was 134 00:06:04,320 --> 00:06:07,440 Speaker 4: interested in buying property over there. So at the time, 135 00:06:07,480 --> 00:06:09,200 Speaker 4: I stayed in contact with one of the realtors who 136 00:06:09,240 --> 00:06:12,880 Speaker 4: was showing us properties previously when I visited, and she 137 00:06:12,920 --> 00:06:14,760 Speaker 4: had an email list. So every month I get like 138 00:06:14,760 --> 00:06:16,440 Speaker 4: a new you know email, like, hey, this is what we. 139 00:06:16,400 --> 00:06:16,880 Speaker 3: Have going on. 140 00:06:17,320 --> 00:06:20,760 Speaker 4: So October twenty three comes around. There was a hotel 141 00:06:20,960 --> 00:06:23,239 Speaker 4: that I wanted to purchase, so I put an offer 142 00:06:23,279 --> 00:06:25,279 Speaker 4: in and went through the whole you know, back and forth. 143 00:06:25,600 --> 00:06:27,240 Speaker 4: But at the time, the owner didn't want to do 144 00:06:27,279 --> 00:06:29,400 Speaker 4: any type of creative or seller financing, so we didn't 145 00:06:29,400 --> 00:06:29,800 Speaker 4: do the deal. 146 00:06:30,080 --> 00:06:31,400 Speaker 3: Okay, two weeks later. 147 00:06:31,360 --> 00:06:33,080 Speaker 4: No, maybe like a week later, she called me like, hey, 148 00:06:33,120 --> 00:06:34,600 Speaker 4: I know you kind of bummed out you didn't get 149 00:06:34,600 --> 00:06:36,920 Speaker 4: the hotel. But I know these three brothers they recently 150 00:06:36,920 --> 00:06:38,920 Speaker 4: bought a hotel, you know, a year ago, and they're 151 00:06:38,960 --> 00:06:41,919 Speaker 4: converting a few of them to condos. Maybe you should 152 00:06:41,920 --> 00:06:43,920 Speaker 4: get you know, get one small, you know, start small, 153 00:06:43,960 --> 00:06:45,320 Speaker 4: get your foot in the ground, and then eventually you 154 00:06:45,320 --> 00:06:47,840 Speaker 4: can kind of grow up. So end up calling Siam. 155 00:06:47,880 --> 00:06:49,680 Speaker 4: We end up talking for like an hour, you know, 156 00:06:49,960 --> 00:06:52,320 Speaker 4: just he was very open, genuine and share a lot 157 00:06:52,320 --> 00:06:52,839 Speaker 4: of information. 158 00:06:53,440 --> 00:06:54,479 Speaker 3: I'm very inquisitive. 159 00:06:54,520 --> 00:06:57,200 Speaker 4: I always asked questions, so he was like he wasn't 160 00:06:57,200 --> 00:06:58,320 Speaker 4: in a rush to get me off the phone. 161 00:06:58,320 --> 00:06:59,400 Speaker 3: I just kept asking some questions. 162 00:06:59,400 --> 00:07:01,400 Speaker 4: I had somebody we know with this kind of knowledge 163 00:07:01,400 --> 00:07:03,640 Speaker 4: and you know, that type of experience. And then so 164 00:07:03,920 --> 00:07:07,760 Speaker 4: end up following him after that call on social media. 165 00:07:07,920 --> 00:07:11,520 Speaker 4: And then in January of last year, he posted something 166 00:07:11,520 --> 00:07:13,640 Speaker 4: saying he's starting a program. He's going to show people 167 00:07:13,640 --> 00:07:16,360 Speaker 4: I do real estate. I d in him immediately and 168 00:07:16,720 --> 00:07:18,480 Speaker 4: I asked him, you know what the process was, and 169 00:07:18,480 --> 00:07:21,800 Speaker 4: I signed up, like, okay, all right, I like that. 170 00:07:22,040 --> 00:07:24,720 Speaker 1: So we got to a referral from somebody who had 171 00:07:24,760 --> 00:07:26,360 Speaker 1: done something, and then you had a chance to check 172 00:07:26,400 --> 00:07:28,320 Speaker 1: it out, and you were already interested, but then you said, 173 00:07:28,400 --> 00:07:29,160 Speaker 1: let me take that leap. 174 00:07:29,280 --> 00:07:29,559 Speaker 3: Correct. 175 00:07:29,560 --> 00:07:31,880 Speaker 4: And then when I talked to him, just hearing because 176 00:07:31,880 --> 00:07:33,800 Speaker 4: I had already like started looking at real estate and 177 00:07:34,120 --> 00:07:36,880 Speaker 4: had an idea. When he was talking it, it was 178 00:07:36,960 --> 00:07:39,440 Speaker 4: very credible because I had already done some stuff already, 179 00:07:39,440 --> 00:07:41,400 Speaker 4: so I knew that he wasn't just, you know, just 180 00:07:41,400 --> 00:07:42,040 Speaker 4: making stuff up. 181 00:07:42,080 --> 00:07:42,240 Speaker 2: You know. 182 00:07:42,280 --> 00:07:45,200 Speaker 1: So what's creative financing for people who are listening? Because 183 00:07:45,240 --> 00:07:48,040 Speaker 1: sometimes some people who have never done this before may 184 00:07:48,080 --> 00:07:50,200 Speaker 1: not understand that there's different ways to go than just 185 00:07:50,240 --> 00:07:51,440 Speaker 1: a traditional mortgage. 186 00:07:51,600 --> 00:07:52,200 Speaker 3: Absolutely. 187 00:07:52,800 --> 00:07:55,600 Speaker 4: I think the perfect way to explain creative financing is 188 00:07:55,600 --> 00:07:57,720 Speaker 4: tell him how you're getting into this hotel now that 189 00:07:57,760 --> 00:08:00,280 Speaker 4: you're buying all right in a few weeks. 190 00:08:00,200 --> 00:08:00,520 Speaker 3: Right right? 191 00:08:00,560 --> 00:08:02,160 Speaker 4: Yeah, So creative fiance and you just want to think 192 00:08:02,160 --> 00:08:03,760 Speaker 4: about it like traditionally have to go through a bank, 193 00:08:03,800 --> 00:08:07,400 Speaker 4: go through the whole underwriting process, you know, job credit scores, 194 00:08:08,000 --> 00:08:11,480 Speaker 4: tax records and all that. Traditional creative fiance and is 195 00:08:11,640 --> 00:08:15,560 Speaker 4: the owner essentially becomes like your bank. So for my 196 00:08:15,640 --> 00:08:18,800 Speaker 4: particular deal, we're gonna get this property with only ten 197 00:08:18,800 --> 00:08:22,600 Speaker 4: percent down and the owner's gonna be on our bank 198 00:08:22,640 --> 00:08:24,000 Speaker 4: and we're just paying him monthly. 199 00:08:24,720 --> 00:08:26,280 Speaker 3: Yeah, exactly, Okay, it's exactly. 200 00:08:27,080 --> 00:08:28,080 Speaker 1: They do that in Detroit a lot. 201 00:08:28,120 --> 00:08:28,640 Speaker 2: Yes, I know. 202 00:08:28,760 --> 00:08:31,480 Speaker 1: So instead of getting a loan because your credit whatever 203 00:08:31,600 --> 00:08:34,360 Speaker 1: you're able to now they're you're paying them the loan. 204 00:08:34,400 --> 00:08:36,280 Speaker 1: Do you still pay interest the same way you would 205 00:08:36,360 --> 00:08:37,520 Speaker 1: to a bank. How does that work? 206 00:08:37,600 --> 00:08:37,800 Speaker 3: Yeah? 207 00:08:37,840 --> 00:08:40,880 Speaker 4: So the thing that making creative is you can create it. 208 00:08:40,880 --> 00:08:41,760 Speaker 2: However you want. 209 00:08:41,960 --> 00:08:43,160 Speaker 3: Contract, it's a contract. Yeah. 210 00:08:43,200 --> 00:08:45,440 Speaker 4: So the seller, you know, went back and forth a 211 00:08:45,440 --> 00:08:48,400 Speaker 4: lot of negotiation, and we were able to find a 212 00:08:48,400 --> 00:08:50,720 Speaker 4: happy medium for both of us that he was happy with. 213 00:08:50,760 --> 00:08:52,680 Speaker 3: And that me and my investment team were happy with 214 00:08:52,720 --> 00:08:53,000 Speaker 3: as well. 215 00:08:53,160 --> 00:08:54,720 Speaker 4: So I think you're I think you're downplaying this bro, 216 00:08:54,760 --> 00:08:56,520 Speaker 4: because this is a huge deal, all right, all right, 217 00:08:56,640 --> 00:08:59,040 Speaker 4: So his monthly payment's gonna be like six thousand dollars 218 00:08:59,120 --> 00:09:02,040 Speaker 4: and he'd be able to produce over twenty thousand dollars 219 00:09:02,040 --> 00:09:02,200 Speaker 4: a month. 220 00:09:02,320 --> 00:09:02,960 Speaker 1: Yeah, that's amazing. 221 00:09:02,960 --> 00:09:03,840 Speaker 3: So this one. 222 00:09:03,720 --> 00:09:07,440 Speaker 4: Property could cash flow like crazy and cover all the 223 00:09:07,520 --> 00:09:10,760 Speaker 4: living expenses that anyone needs to operate from just one deal. 224 00:09:11,160 --> 00:09:13,040 Speaker 4: And to bring it on full circle, this is the 225 00:09:13,080 --> 00:09:15,760 Speaker 4: same deal he looked at a year ago, right, that 226 00:09:16,000 --> 00:09:18,000 Speaker 4: wasn't able to get structured just because he didn't have 227 00:09:18,000 --> 00:09:19,320 Speaker 4: the information to structure it. 228 00:09:19,400 --> 00:09:20,520 Speaker 3: Okay, correct? Correct? 229 00:09:20,559 --> 00:09:22,959 Speaker 4: So when I mentioned that I wasn't able to close 230 00:09:23,000 --> 00:09:24,400 Speaker 4: that deal, it was the exact deal. 231 00:09:25,360 --> 00:09:26,679 Speaker 1: And the fact that it was still there for a 232 00:09:26,760 --> 00:09:28,840 Speaker 1: year shows you that the owner probably was in a 233 00:09:28,880 --> 00:09:31,680 Speaker 1: position where he was like, look, this still hasn't sold. 234 00:09:31,720 --> 00:09:34,120 Speaker 1: It's been a year, and they're still paying expenses on 235 00:09:34,160 --> 00:09:36,640 Speaker 1: something that they're trying to get out of. And so 236 00:09:36,720 --> 00:09:38,720 Speaker 1: now it puts them in a position where you see 237 00:09:38,720 --> 00:09:41,560 Speaker 1: it's been happening for that long, where they're like, okay, 238 00:09:41,600 --> 00:09:43,120 Speaker 1: let's figure this out exactly. 239 00:09:43,360 --> 00:09:45,160 Speaker 4: So in one year he brought it full circle. The 240 00:09:45,200 --> 00:09:47,679 Speaker 4: deal that brought us together is now closing, right. He's 241 00:09:47,720 --> 00:09:49,440 Speaker 4: in a cash for like crazy off this deal, and 242 00:09:49,480 --> 00:09:51,280 Speaker 4: I'm sure this is the first of many. 243 00:09:50,960 --> 00:09:53,120 Speaker 2: Bring him full circle to the club. You would have 244 00:09:53,200 --> 00:09:55,480 Speaker 2: never I'm listening to this and I'm like, I would 245 00:09:55,520 --> 00:09:57,600 Speaker 2: have never even thought to do any of this, And 246 00:09:57,600 --> 00:10:00,640 Speaker 2: that's what the beauty of the real estate club is absolutely. 247 00:10:01,000 --> 00:10:03,280 Speaker 2: What was so what was his mentoring? Like? 248 00:10:03,920 --> 00:10:07,600 Speaker 4: Yeah, so joining you know, you know the I'm here 249 00:10:07,640 --> 00:10:09,920 Speaker 4: at homes you which the original program that I was in. 250 00:10:10,800 --> 00:10:13,400 Speaker 4: I learned all this stuff about creative financing, you know, 251 00:10:13,440 --> 00:10:15,839 Speaker 4: how to negotiate with a seller, you know, try to 252 00:10:15,880 --> 00:10:19,440 Speaker 4: find different pain points that might make them want to 253 00:10:19,480 --> 00:10:23,360 Speaker 4: do seller financing because typically most owners they're gonna want 254 00:10:23,400 --> 00:10:25,640 Speaker 4: as much more as possible up front. But when you 255 00:10:25,679 --> 00:10:28,240 Speaker 4: start to talk to them and try to understand, like, okay, 256 00:10:28,280 --> 00:10:31,600 Speaker 4: what's their real pain start talking about tax benefits, you know, 257 00:10:31,920 --> 00:10:33,839 Speaker 4: not having to you know, worry about capital gains by 258 00:10:33,840 --> 00:10:36,440 Speaker 4: taking all lump some right away. They then they start 259 00:10:36,480 --> 00:10:37,560 Speaker 4: to understand I'm doing a. 260 00:10:37,600 --> 00:10:41,840 Speaker 1: Land contract now I'm actually selling property that way. 261 00:10:42,559 --> 00:10:44,520 Speaker 4: Yeah, oh cool, Yeah, you know, it makes you so 262 00:10:44,559 --> 00:10:46,840 Speaker 4: proud to hear you talk like this and using all 263 00:10:46,840 --> 00:10:48,560 Speaker 4: these concepts from like that's. 264 00:10:50,440 --> 00:10:54,319 Speaker 1: What was your experience before that? Were you already a homeowner? 265 00:10:54,400 --> 00:10:55,160 Speaker 1: Property owner? 266 00:10:56,040 --> 00:10:58,360 Speaker 4: So I had the whole selling prior to that whole 267 00:10:58,360 --> 00:11:01,880 Speaker 4: selling Yeah, so buying just pretty much flipping contracts. Yeah, 268 00:11:01,960 --> 00:11:03,400 Speaker 4: why don't you explain what whostelling is a lot of 269 00:11:03,400 --> 00:11:05,160 Speaker 4: people out there don't exactly know what it is. 270 00:11:05,240 --> 00:11:07,600 Speaker 2: And yeah, I really want you also to share with them. 271 00:11:07,640 --> 00:11:11,240 Speaker 2: He wasn't like you learn this in one webinar or 272 00:11:11,280 --> 00:11:13,240 Speaker 2: you learn this and he went away. He really holds 273 00:11:14,040 --> 00:11:16,280 Speaker 2: hold your hand through the process and brings you through 274 00:11:16,320 --> 00:11:16,880 Speaker 2: the process. 275 00:11:16,960 --> 00:11:19,320 Speaker 4: Oh yeah, no, one thousand percent. So I'll talk about 276 00:11:19,320 --> 00:11:20,720 Speaker 4: whole selling and then I'll talk a little bit about, 277 00:11:20,720 --> 00:11:22,280 Speaker 4: you know, how Siam was able to help me through 278 00:11:22,280 --> 00:11:26,120 Speaker 4: this process. So whole selling essentially is you know, imagine 279 00:11:26,120 --> 00:11:29,000 Speaker 4: the property is worth two hundred thousand, but because somebody's 280 00:11:29,040 --> 00:11:32,920 Speaker 4: having some type of you know, financial distress, some pain, divorce, death, 281 00:11:33,000 --> 00:11:36,320 Speaker 4: like anything you know that normal people go through and 282 00:11:36,679 --> 00:11:38,200 Speaker 4: the house might need to work and they don't have 283 00:11:38,240 --> 00:11:41,080 Speaker 4: the finances to put it to to put the work 284 00:11:41,120 --> 00:11:42,679 Speaker 4: in to get to that retail value to sell it 285 00:11:42,720 --> 00:11:45,000 Speaker 4: at retail So and a vesture like me comes in 286 00:11:45,120 --> 00:11:47,160 Speaker 4: finding like, hey, I'll give you one hundred thousand dollars 287 00:11:47,160 --> 00:11:49,400 Speaker 4: for this property. They know it's worth two hundred, but 288 00:11:49,440 --> 00:11:51,040 Speaker 4: they don't have the time and effort to go in 289 00:11:51,080 --> 00:11:52,079 Speaker 4: to make it worth two hundred. 290 00:11:52,120 --> 00:11:53,800 Speaker 1: They don't want to go into foreclosure. 291 00:11:53,320 --> 00:11:55,160 Speaker 4: All right, right, so they'll sell to me four hundred. 292 00:11:55,400 --> 00:11:57,640 Speaker 4: And then I find somebody like Siam who's done fourteen 293 00:11:57,720 --> 00:12:01,040 Speaker 4: hundred transactions, who's buying properties every day, like, hey, I 294 00:12:01,080 --> 00:12:02,959 Speaker 4: have this property is and I'll sell to you for 295 00:12:03,040 --> 00:12:05,959 Speaker 4: one fifteen. So now I have this one contract for 296 00:12:06,000 --> 00:12:08,040 Speaker 4: one hundred thousand with the homeowner. Then I have a 297 00:12:08,040 --> 00:12:10,880 Speaker 4: second contract with Siam to investor at one fifteen. I 298 00:12:10,960 --> 00:12:14,080 Speaker 4: take that to a title company, and at closing, the 299 00:12:14,120 --> 00:12:16,600 Speaker 4: homeowner gets a one hundred thousand, Siam gets a new 300 00:12:16,600 --> 00:12:18,440 Speaker 4: property for one to fifteen, and I get a fifteen 301 00:12:18,440 --> 00:12:21,280 Speaker 4: thousand dollars check for bringing it together. So that's by 302 00:12:21,520 --> 00:12:24,719 Speaker 4: exactly so I've never actually owned the property, but I 303 00:12:24,840 --> 00:12:26,199 Speaker 4: made money by bringing. 304 00:12:25,960 --> 00:12:27,160 Speaker 3: It together, right. 305 00:12:27,400 --> 00:12:30,320 Speaker 2: And I think one of the coolest features about this 306 00:12:30,400 --> 00:12:32,920 Speaker 2: club is each week people are going to get vetted 307 00:12:33,040 --> 00:12:35,360 Speaker 2: investment opportunities, SAYM talk a little bit about that. 308 00:12:35,440 --> 00:12:36,840 Speaker 3: Yeah, absolutely, so we do. 309 00:12:36,960 --> 00:12:39,520 Speaker 4: We have a large marketing team that goes out there 310 00:12:39,559 --> 00:12:42,640 Speaker 4: and looks for these motivated sellers to find great deals, 311 00:12:42,840 --> 00:12:45,160 Speaker 4: and we present those deals directly to the members of 312 00:12:45,200 --> 00:12:48,440 Speaker 4: the club. So you get first access to these deals 313 00:12:48,520 --> 00:12:50,680 Speaker 4: that you can close on. So you get all this information. 314 00:12:50,760 --> 00:12:52,560 Speaker 4: You've got learn the fix and flip, you learn the 315 00:12:52,679 --> 00:12:54,959 Speaker 4: bird pross to buy rental properties, you learn how to 316 00:12:55,000 --> 00:12:57,320 Speaker 4: wholesale contracts, and then you say, all right, now do 317 00:12:57,320 --> 00:12:59,760 Speaker 4: I do next? Well, you can find your first deal 318 00:12:59,840 --> 00:13:02,439 Speaker 4: right inside the club, which is beautiful because I think 319 00:13:02,440 --> 00:13:05,280 Speaker 4: a lot of things what stops people from actually going 320 00:13:05,280 --> 00:13:07,520 Speaker 4: out there and pull the trigger is sometimes they're like 321 00:13:07,559 --> 00:13:09,800 Speaker 4: where do I start? So we give you your starting 322 00:13:09,840 --> 00:13:10,600 Speaker 4: process right there. 323 00:13:10,679 --> 00:13:12,760 Speaker 1: Or you might have a great opportunity, but maybe you 324 00:13:12,800 --> 00:13:15,520 Speaker 1: don't have the capital to be able to take advantage 325 00:13:15,559 --> 00:13:17,280 Speaker 1: of it. And it's something you can bring to the 326 00:13:17,320 --> 00:13:20,160 Speaker 1: table and see, I don't want this opportunity to slip away. 327 00:13:20,720 --> 00:13:22,760 Speaker 1: You know, maybe I need some help correct and so 328 00:13:22,800 --> 00:13:23,960 Speaker 1: I can partner with somebody else. 329 00:13:24,000 --> 00:13:25,440 Speaker 4: Absolutely, that's one of the things I think that's gonna 330 00:13:25,440 --> 00:13:28,600 Speaker 4: beautiful about this because we're building community. I want students 331 00:13:28,679 --> 00:13:31,600 Speaker 4: to work together, right, So we're going to get access 332 00:13:31,640 --> 00:13:33,320 Speaker 4: to a lot of people's situations that all right, this 333 00:13:33,360 --> 00:13:35,480 Speaker 4: person is working a full time job, but they have 334 00:13:35,520 --> 00:13:37,720 Speaker 4: some money they want to invest on their properties, but 335 00:13:37,720 --> 00:13:39,600 Speaker 4: they don't really want to be the one out. They're managing, 336 00:13:39,679 --> 00:13:42,120 Speaker 4: checking contractors, things like that. But this person has the 337 00:13:42,160 --> 00:13:44,720 Speaker 4: time to do this. Let's pair these people up and 338 00:13:44,760 --> 00:13:46,839 Speaker 4: together they have the full package, right, And I think 339 00:13:46,840 --> 00:13:48,559 Speaker 4: that's a beautiful thing. With what we've done over the 340 00:13:48,640 --> 00:13:51,240 Speaker 4: last year, which has been the reason that Lawrence has 341 00:13:51,240 --> 00:13:53,280 Speaker 4: been so successful. He's been able to network within the 342 00:13:53,320 --> 00:13:55,000 Speaker 4: group and do deals together. 343 00:13:55,360 --> 00:13:57,920 Speaker 2: When you told me this story, I thought of you, Lawrence. 344 00:13:57,960 --> 00:14:03,400 Speaker 2: I read, Okay, eighty percent of people break their New 345 00:14:03,480 --> 00:14:07,880 Speaker 2: Year's resolutions by the second week of February. Yeah, I mean, okay, 346 00:14:07,880 --> 00:14:11,280 Speaker 2: I'm a research and nerds. It's just me. Meanwhile, eighty 347 00:14:11,320 --> 00:14:16,200 Speaker 2: percent of people achieved their goals if they write them down, 348 00:14:16,760 --> 00:14:19,920 Speaker 2: tell a friend about them, and then give that friend 349 00:14:19,960 --> 00:14:24,680 Speaker 2: weekly progress reports. So accountability and community one hundred percent 350 00:14:24,720 --> 00:14:27,440 Speaker 2: the game changer. How important is that community to what 351 00:14:27,480 --> 00:14:28,720 Speaker 2: you were able to succeed? Oh? 352 00:14:28,800 --> 00:14:31,080 Speaker 4: Yeah, the community played a big part into you know, 353 00:14:31,360 --> 00:14:35,640 Speaker 4: my success last year. Obviously, my first investor came within 354 00:14:35,640 --> 00:14:39,520 Speaker 4: the community. To Siam's point, got into the program, want 355 00:14:39,560 --> 00:14:41,640 Speaker 4: to do real estate, but realized with the busy job, 356 00:14:41,720 --> 00:14:44,640 Speaker 4: busy professional, professional career, they didn't just didn't have the 357 00:14:44,680 --> 00:14:48,800 Speaker 4: time to manage contractors, source materials, you know, do all 358 00:14:48,800 --> 00:14:51,640 Speaker 4: the back and forth data operations. But they had some capital, 359 00:14:51,920 --> 00:14:54,400 Speaker 4: so I had you know, I had of time. So 360 00:14:54,480 --> 00:14:56,960 Speaker 4: we worked together. They put up the money and I'm 361 00:14:57,000 --> 00:14:59,520 Speaker 4: doing all the day to day handling, you know, sourcing materials, 362 00:14:59,520 --> 00:15:03,080 Speaker 4: dealingm con trackers, making sure the project and though successful. 363 00:15:02,640 --> 00:15:04,680 Speaker 1: And people have to understand the value of that as 364 00:15:04,720 --> 00:15:07,480 Speaker 1: a being a project manager, having somebody that's staying on 365 00:15:07,520 --> 00:15:11,080 Speaker 1: top of everything, you know, back to my building in Detroit, 366 00:15:11,600 --> 00:15:14,400 Speaker 1: we have Jessica who has been the person that every 367 00:15:14,400 --> 00:15:17,560 Speaker 1: single day she's dealing with different things, different issues with 368 00:15:17,600 --> 00:15:20,680 Speaker 1: the contractors, with the city, a city council, with making 369 00:15:20,720 --> 00:15:23,520 Speaker 1: sure that we're up to date with all of our permits, 370 00:15:23,720 --> 00:15:25,840 Speaker 1: you know, making sure that small things happen, like somebody 371 00:15:25,840 --> 00:15:27,600 Speaker 1: broke a window. Now we know we have to get 372 00:15:27,640 --> 00:15:30,040 Speaker 1: a new window. We're trying to figure out how to 373 00:15:30,040 --> 00:15:32,240 Speaker 1: get into a permanent mortgage, and she's been the person 374 00:15:32,240 --> 00:15:34,000 Speaker 1: that's been kind of spearheading all that because it is 375 00:15:34,040 --> 00:15:36,480 Speaker 1: time consuming. There was a covenant that we had to 376 00:15:36,480 --> 00:15:38,600 Speaker 1: get out of. It was a whole long process to 377 00:15:38,640 --> 00:15:40,640 Speaker 1: make that happen. To get a tax abatement, that's a 378 00:15:40,640 --> 00:15:43,600 Speaker 1: whole nother long process. But somebody has to stay on 379 00:15:43,640 --> 00:15:46,840 Speaker 1: top of all that paperwork and also managing the contractor 380 00:15:47,080 --> 00:15:49,400 Speaker 1: and making sure that as he's you know, getting the 381 00:15:49,440 --> 00:15:51,840 Speaker 1: money to get stuff done, that we're getting things at 382 00:15:51,880 --> 00:15:53,840 Speaker 1: the best prices that we can possibly get them, but 383 00:15:53,840 --> 00:15:56,520 Speaker 1: that's still quality materials. 384 00:15:55,600 --> 00:15:57,440 Speaker 3: And that the payments are matching the process. 385 00:15:57,640 --> 00:15:59,320 Speaker 1: Because some people might feel like, oh, you didn't put 386 00:15:59,360 --> 00:16:02,200 Speaker 1: any money up, but that sweat equity of being able 387 00:16:02,240 --> 00:16:03,920 Speaker 1: to be the person that's there that I can rely 388 00:16:04,040 --> 00:16:05,600 Speaker 1: on is extremely important. 389 00:16:05,760 --> 00:16:08,320 Speaker 2: I agree on Dred, bring us your bad credit scores 390 00:16:08,360 --> 00:16:09,240 Speaker 2: too correct. 391 00:16:09,400 --> 00:16:11,520 Speaker 3: That's right, that's right, that's right. 392 00:16:11,560 --> 00:16:13,440 Speaker 4: So there's so many different ways you can get into 393 00:16:13,480 --> 00:16:15,760 Speaker 4: a deal, right, So like he was able to joint 394 00:16:15,840 --> 00:16:17,840 Speaker 4: venture with someone to get into a deal. So this 395 00:16:17,880 --> 00:16:20,480 Speaker 4: whole misconception is there's all these you know, misconceptions out 396 00:16:20,480 --> 00:16:21,480 Speaker 4: there that you need a lot of money do the 397 00:16:21,520 --> 00:16:23,640 Speaker 4: real estate that's all cap Right. There's so many different 398 00:16:23,640 --> 00:16:25,280 Speaker 4: ways you can get into a deal. One way that 399 00:16:25,320 --> 00:16:28,040 Speaker 4: I tell a lot of my mentees that people just 400 00:16:28,080 --> 00:16:29,920 Speaker 4: don't know about because they don't have the information. So 401 00:16:30,000 --> 00:16:32,560 Speaker 4: as part of the real estate Club, you're going to 402 00:16:32,600 --> 00:16:36,520 Speaker 4: get this information firsthand from people that are actually doing deals, 403 00:16:36,760 --> 00:16:39,120 Speaker 4: not just theory. Like, for instance, if you want to 404 00:16:39,120 --> 00:16:41,280 Speaker 4: buy a rental property, your first rental property, but you 405 00:16:41,360 --> 00:16:43,840 Speaker 4: don't have, you know, twenty thirty forty thousand dollars to 406 00:16:43,840 --> 00:16:45,600 Speaker 4: put down on their property, no problem. 407 00:16:45,960 --> 00:16:46,160 Speaker 3: Right. 408 00:16:46,240 --> 00:16:48,800 Speaker 4: We love targeting people that are retiring landlords because they've 409 00:16:48,840 --> 00:16:51,760 Speaker 4: owned these properties for years, so their basis is very low. 410 00:16:51,920 --> 00:16:53,480 Speaker 4: So I can go in and offer this person one 411 00:16:53,520 --> 00:16:55,280 Speaker 4: hundred thousand dollars for a property they might have paid 412 00:16:55,280 --> 00:16:55,960 Speaker 4: thirty thousand and. 413 00:16:55,920 --> 00:16:57,800 Speaker 3: Four twenty years ago. Right. 414 00:16:58,000 --> 00:17:00,800 Speaker 4: And also, hey, mister seller, I can get you eighty 415 00:17:00,880 --> 00:17:04,639 Speaker 4: percent of this purchase price from the bank today, but 416 00:17:04,680 --> 00:17:06,520 Speaker 4: I'm gonna ask you to finance that down payment for 417 00:17:06,560 --> 00:17:09,359 Speaker 4: the next five years, right that twenty thousand dollars, So 418 00:17:09,440 --> 00:17:11,520 Speaker 4: you are already making money at the eighty thousand dollars 419 00:17:11,520 --> 00:17:13,919 Speaker 4: you're getting today. Right, I get to get into this 420 00:17:13,960 --> 00:17:17,120 Speaker 4: property start cashling, do my exit plan with it right, 421 00:17:17,119 --> 00:17:19,240 Speaker 4: and over the next five years, the rent that I'm 422 00:17:19,280 --> 00:17:22,080 Speaker 4: receiving is going to pay you your twenty percent of looking. 423 00:17:22,080 --> 00:17:24,360 Speaker 4: But here's the benefits for you. Number One, you don't 424 00:17:24,359 --> 00:17:27,040 Speaker 4: have to manage this anymore. Number two, you're making profit 425 00:17:27,080 --> 00:17:29,280 Speaker 4: from what you're getting today. And number three, you get 426 00:17:29,320 --> 00:17:31,600 Speaker 4: to defer your taxes on the money you haven't received yet, 427 00:17:31,680 --> 00:17:33,840 Speaker 4: so your capital gains you get to push back, right, 428 00:17:33,880 --> 00:17:36,399 Speaker 4: So it's a win win for everybody. And you literally 429 00:17:36,400 --> 00:17:38,000 Speaker 4: walk into that deal with little to no money out 430 00:17:38,000 --> 00:17:41,159 Speaker 4: of pocket and finantees have done this tons of times 431 00:17:41,200 --> 00:17:43,560 Speaker 4: over and you guys are gonna get this realhand knowledge 432 00:17:43,560 --> 00:17:45,440 Speaker 4: from people that are doing the business every single day. 433 00:17:45,480 --> 00:17:48,400 Speaker 1: What about mortgage assumption, because that's the thing too write 434 00:17:48,400 --> 00:17:50,480 Speaker 1: with interest rate being as high as they are now 435 00:17:50,760 --> 00:17:52,679 Speaker 1: and a lot of us if you had bought something 436 00:17:52,760 --> 00:17:54,880 Speaker 1: years ago, you might have locked in an amazing rate, 437 00:17:55,480 --> 00:17:58,240 Speaker 1: and so mortgage assumption is another thing that people don't 438 00:17:58,280 --> 00:17:59,119 Speaker 1: know as much about. 439 00:17:59,200 --> 00:18:02,280 Speaker 4: Absolutely there's more assumption. There's also subject to purchases. So 440 00:18:02,400 --> 00:18:04,600 Speaker 4: the mortgage assumption is you get to take over someone's 441 00:18:04,600 --> 00:18:06,080 Speaker 4: mortgage and you get their terms. So if they got 442 00:18:06,080 --> 00:18:08,520 Speaker 4: a great rate. You get to assume that great rate. 443 00:18:08,760 --> 00:18:10,680 Speaker 4: The negative, however, is you need to qualify for that 444 00:18:10,720 --> 00:18:13,400 Speaker 4: mortgage to assume the mortgage right, which could be cumbersome 445 00:18:13,440 --> 00:18:15,119 Speaker 4: if you don't have tax returns or good. 446 00:18:14,960 --> 00:18:16,879 Speaker 3: Credit or whatever it be. But there's another wee you 447 00:18:16,880 --> 00:18:17,360 Speaker 3: can also buy. 448 00:18:17,480 --> 00:18:20,000 Speaker 4: You can take that property on transfer the deed, but 449 00:18:20,119 --> 00:18:22,840 Speaker 4: leave the existing mortgage in place and take the property 450 00:18:22,960 --> 00:18:25,760 Speaker 4: subject to the existing mortgage, so you still get those 451 00:18:25,800 --> 00:18:28,199 Speaker 4: same terms, but you don't have to qualify for that mortgage. 452 00:18:28,240 --> 00:18:30,719 Speaker 4: You get to step into their to those amazing terms 453 00:18:30,840 --> 00:18:32,960 Speaker 4: and buy this property. What I having to qualify for it? 454 00:18:33,000 --> 00:18:34,840 Speaker 4: I mean, there's so many ways that you're gonna learn 455 00:18:34,840 --> 00:18:36,919 Speaker 4: in this real estate club how to do real business 456 00:18:36,960 --> 00:18:38,080 Speaker 4: and get deals done. 457 00:18:38,240 --> 00:18:41,679 Speaker 2: Talk about how much access people will have to our experts. 458 00:18:41,840 --> 00:18:46,399 Speaker 4: Absolutely, you're gonna get access to myself, my brothers, Xavier, Meal, Jonah, 459 00:18:46,480 --> 00:18:49,720 Speaker 4: all the whole team, me, Angela or Stacy or the 460 00:18:49,760 --> 00:18:52,040 Speaker 4: whole team. And here's what the great thing is. As 461 00:18:52,080 --> 00:18:55,800 Speaker 4: students start exceeding, you know, achieving success, we turn the 462 00:18:55,880 --> 00:18:59,439 Speaker 4: students into mentors and coaches too, So these students can 463 00:18:59,520 --> 00:19:01,920 Speaker 4: learn from other people that were just in their spot, 464 00:19:02,000 --> 00:19:04,560 Speaker 4: not that long ago. Right, they can talk to Lawrence's, 465 00:19:04,600 --> 00:19:06,240 Speaker 4: they can talk to brand and they can talk to 466 00:19:07,560 --> 00:19:11,080 Speaker 4: Natalia or to Natalie or to a manual that have 467 00:19:11,240 --> 00:19:13,359 Speaker 4: that we're just sitting where they were six months a 468 00:19:13,400 --> 00:19:15,840 Speaker 4: year ago, got some success and see, hey, what were 469 00:19:15,840 --> 00:19:19,960 Speaker 4: your roadblocks? Right, So that when you're if you're facing something, 470 00:19:20,080 --> 00:19:22,480 Speaker 4: chances are anyone in this group has probably faced at 471 00:19:22,520 --> 00:19:24,360 Speaker 4: some point in time as well, and we can talk 472 00:19:24,359 --> 00:19:26,359 Speaker 4: to you firsthand from real practitions of the business. 473 00:19:26,400 --> 00:19:29,200 Speaker 2: I think this is so important right now because since 474 00:19:29,240 --> 00:19:31,640 Speaker 2: the election and we're going into such unknowns next year, 475 00:19:31,960 --> 00:19:36,640 Speaker 2: a lot of people feel so much uncertainty. And it's 476 00:19:37,359 --> 00:19:40,160 Speaker 2: you've really seen something that's positive and optimistic. People kind 477 00:19:40,160 --> 00:19:42,720 Speaker 2: of turning within and saying, okay, what can we do together? 478 00:19:43,240 --> 00:19:45,080 Speaker 2: And that's one of the reasons we said, okay, let's 479 00:19:45,119 --> 00:19:47,480 Speaker 2: do this now. Yes, I just love it. You might 480 00:19:47,480 --> 00:19:49,679 Speaker 2: not again, you might not have the credit score, you 481 00:19:49,760 --> 00:19:51,479 Speaker 2: might not have the down payment, you might not have 482 00:19:51,520 --> 00:19:55,320 Speaker 2: the time bringing everybody together, so we're super excited. There's 483 00:19:55,320 --> 00:19:58,640 Speaker 2: something everybody has to memorize. First of all, because it's 484 00:19:58,680 --> 00:20:00,640 Speaker 2: easy to memorize, we have to. 485 00:20:00,560 --> 00:20:02,560 Speaker 1: Make sure, yeah, hold on, let's do a quiz and 486 00:20:02,600 --> 00:20:03,560 Speaker 1: see who memorized. 487 00:20:03,920 --> 00:20:07,320 Speaker 2: Okay, I'm gonna give you the wealth Wealth Wednesday's real 488 00:20:07,440 --> 00:20:11,240 Speaker 2: Estate Wednesdays with an s real Estate club dot com 489 00:20:11,240 --> 00:20:15,520 Speaker 2: that's really long, so you can text the word listen 490 00:20:15,560 --> 00:20:19,800 Speaker 2: to this party to six eight nine two one five 491 00:20:20,200 --> 00:20:23,960 Speaker 2: seven six sixty four because tonight we are having a party. 492 00:20:24,080 --> 00:20:25,600 Speaker 2: We're having a launch party. 493 00:20:25,760 --> 00:20:26,919 Speaker 4: Let's go at. 494 00:20:26,640 --> 00:20:31,199 Speaker 2: Seven pm learning time. This is whether you've joined the 495 00:20:31,200 --> 00:20:33,080 Speaker 2: club yet, which you can do at Wealth Wednesday's real 496 00:20:33,160 --> 00:20:35,560 Speaker 2: Estate Club dot Com. Just said that before want you 497 00:20:35,600 --> 00:20:37,760 Speaker 2: want to learn more about it. That's why we're having 498 00:20:37,800 --> 00:20:40,679 Speaker 2: this launch party. We want to put aside seven pm 499 00:20:40,760 --> 00:20:43,600 Speaker 2: Eastern time. Get yourself a beverage and say what are 500 00:20:43,600 --> 00:20:44,959 Speaker 2: you gonna learn in that party? 501 00:20:45,160 --> 00:20:46,240 Speaker 3: Yeah, we're gonna give you. 502 00:20:46,240 --> 00:20:48,560 Speaker 4: You get to ask questions, right, you get to interact. 503 00:20:48,720 --> 00:20:51,480 Speaker 4: We're gonna teach you, guys everything from you know the 504 00:20:51,480 --> 00:20:53,760 Speaker 4: correct way to set up your entity to uh, you 505 00:20:53,840 --> 00:20:55,920 Speaker 4: know how to close your first deal? Right, So we're 506 00:20:55,920 --> 00:20:58,960 Speaker 4: gonna give you the broad frameworks that you know firsthand. 507 00:20:58,960 --> 00:21:00,679 Speaker 4: If you come and join this, you're going to be 508 00:21:00,680 --> 00:21:03,760 Speaker 4: closing deals. Every single person in our group right over 509 00:21:03,800 --> 00:21:06,040 Speaker 4: the past twelve months has closed their first, if not 510 00:21:06,080 --> 00:21:06,760 Speaker 4: their second deal. 511 00:21:06,840 --> 00:21:08,919 Speaker 3: So we welcome you to come and be part of 512 00:21:08,920 --> 00:21:09,240 Speaker 3: the group. 513 00:21:09,359 --> 00:21:11,159 Speaker 1: And I want to say why this is so important too, 514 00:21:11,200 --> 00:21:14,600 Speaker 1: because I know you're a research nerds, Stacy, But according 515 00:21:14,600 --> 00:21:16,680 Speaker 1: to Redfin, only two point five percent of homes in 516 00:21:16,720 --> 00:21:19,239 Speaker 1: the US change hands in the first eight months of 517 00:21:19,280 --> 00:21:21,280 Speaker 1: twenty twenty four. That's the lowest that it's been in 518 00:21:21,280 --> 00:21:24,240 Speaker 1: thirty years. And people get really discouraged when they read 519 00:21:24,280 --> 00:21:27,800 Speaker 1: headlines about what's going on with real estate, about the 520 00:21:27,880 --> 00:21:30,600 Speaker 1: lack of housing and all the different creative ways that 521 00:21:30,600 --> 00:21:32,240 Speaker 1: they're trying to make sure that people are able to 522 00:21:32,280 --> 00:21:34,440 Speaker 1: have that Because to be honest, like for me, I'm 523 00:21:34,440 --> 00:21:36,960 Speaker 1: thinking about the future right and how I can set 524 00:21:36,960 --> 00:21:40,479 Speaker 1: myself up so that one day I can comfortably say 525 00:21:41,200 --> 00:21:43,399 Speaker 1: so I have money coming in and I can still 526 00:21:43,720 --> 00:21:46,480 Speaker 1: live the lifestyle that I want and enjoy myself when 527 00:21:46,520 --> 00:21:48,800 Speaker 1: I'm ready to retire and not feel like I'm stuck 528 00:21:48,800 --> 00:21:50,920 Speaker 1: where I have to be figuring out where am I 529 00:21:50,960 --> 00:21:53,159 Speaker 1: going to work? What if something happens here now I 530 00:21:53,200 --> 00:21:55,119 Speaker 1: can't pay my bills. I want to have myself in 531 00:21:55,160 --> 00:21:58,639 Speaker 1: a position where I own properties I have rent coming in, 532 00:21:58,920 --> 00:22:01,840 Speaker 1: I can also sell them, you know, if. 533 00:22:01,800 --> 00:22:04,760 Speaker 4: That's the beauty of real estate, right, it's a great 534 00:22:04,920 --> 00:22:08,160 Speaker 4: savings vehicle for your future. I actually have a question 535 00:22:08,160 --> 00:22:10,080 Speaker 4: for you too, right, because that was a perfect segue 536 00:22:10,119 --> 00:22:11,680 Speaker 4: to what I actually have for you, guys, both of 537 00:22:11,720 --> 00:22:14,240 Speaker 4: you being you know, women of color. Right, there's all 538 00:22:14,240 --> 00:22:17,280 Speaker 4: these misconceptions out there. What were some of the roadblocks 539 00:22:17,359 --> 00:22:19,199 Speaker 4: or obstacles you had to come or some of the 540 00:22:19,280 --> 00:22:22,240 Speaker 4: beliefs that you had to overcome because you both own 541 00:22:22,320 --> 00:22:25,040 Speaker 4: real estate, right for you to jump over that bridge 542 00:22:25,080 --> 00:22:28,119 Speaker 4: and actually get into the home ownership or property ownership side. 543 00:22:28,200 --> 00:22:29,639 Speaker 1: I think one of the first things to me when 544 00:22:29,680 --> 00:22:33,520 Speaker 1: I bought my first house what was hard was, you know, 545 00:22:33,600 --> 00:22:36,720 Speaker 1: I ended up getting a woman as my broker, you know, 546 00:22:36,760 --> 00:22:39,520 Speaker 1: shout out to Sarah. And before that I was dealing 547 00:22:39,560 --> 00:22:42,359 Speaker 1: with men. Sorry guys, but it felt like they just 548 00:22:42,400 --> 00:22:44,520 Speaker 1: wanted to sell me a property and they didn't really 549 00:22:44,600 --> 00:22:47,120 Speaker 1: care if I loved it, if it was a good investment. 550 00:22:48,000 --> 00:22:50,679 Speaker 1: Because sometimes when you deal with people who flip homes too, 551 00:22:50,720 --> 00:22:52,800 Speaker 1: they don't do the best quality work. So what was 552 00:22:52,840 --> 00:22:54,720 Speaker 1: really important for me was to make sure that I 553 00:22:54,720 --> 00:22:58,800 Speaker 1: got an independent inspection, to have somebody come in to say, Okay, 554 00:22:58,840 --> 00:23:00,440 Speaker 1: this is wroun. This is wrong because if you don't 555 00:23:00,440 --> 00:23:02,359 Speaker 1: do that, And to me at that time, I was 556 00:23:02,359 --> 00:23:04,399 Speaker 1: trying to put all my money into putting a down payment, 557 00:23:04,560 --> 00:23:06,320 Speaker 1: but paying seven hundred and fifty dollars to has some 558 00:23:06,359 --> 00:23:08,919 Speaker 1: money come and inspect could save you, like I ended up. 559 00:23:08,920 --> 00:23:12,520 Speaker 1: Actually I had put money in for this deal and 560 00:23:12,560 --> 00:23:14,960 Speaker 1: then took it back because I was like, oh, the 561 00:23:15,040 --> 00:23:17,040 Speaker 1: inspector told me he didn't think it was a good idea, 562 00:23:17,200 --> 00:23:20,520 Speaker 1: and I trusted an expert and I maybe wasn't going 563 00:23:20,600 --> 00:23:22,520 Speaker 1: to get one. But my best friend who had just 564 00:23:22,520 --> 00:23:24,320 Speaker 1: bought a house, referred her to me and was like, 565 00:23:24,359 --> 00:23:26,480 Speaker 1: you need to do this, And thank god she told 566 00:23:26,520 --> 00:23:28,520 Speaker 1: me that, because that's why I did it and didn't 567 00:23:28,560 --> 00:23:31,360 Speaker 1: end up buying the property that I had already put 568 00:23:31,480 --> 00:23:33,480 Speaker 1: down some money on because I wanted to go into 569 00:23:33,480 --> 00:23:34,400 Speaker 1: contract so. 570 00:23:35,840 --> 00:23:36,280 Speaker 3: Repairs. 571 00:23:36,320 --> 00:23:38,520 Speaker 1: And when I started working with Sarah, she was really 572 00:23:38,560 --> 00:23:41,040 Speaker 1: great about being like, look, she would even tell me 573 00:23:41,080 --> 00:23:42,719 Speaker 1: certain properties that I like, I don't know if this 574 00:23:42,760 --> 00:23:44,400 Speaker 1: is a good idea for you. She wasn't just trying 575 00:23:44,440 --> 00:23:46,440 Speaker 1: to sell me anything. So I think it's just really 576 00:23:46,480 --> 00:23:48,800 Speaker 1: important to make sure that you work with people like 577 00:23:48,840 --> 00:23:51,760 Speaker 1: we are saying, who have your best interest at heart, 578 00:23:51,800 --> 00:23:55,600 Speaker 1: because it's not like when people are benefiting from this program, 579 00:23:55,640 --> 00:23:57,400 Speaker 1: it's not like, Okay, if they buy something, I get 580 00:23:57,720 --> 00:24:00,199 Speaker 1: you know, this percentage. That's not how it works, right. 581 00:24:00,200 --> 00:24:02,600 Speaker 1: You're teaching people, and of course your time is valuable 582 00:24:02,640 --> 00:24:05,040 Speaker 1: and worth that as well, but it's not like I 583 00:24:05,080 --> 00:24:06,800 Speaker 1: need to sell this so I can get my commission. 584 00:24:06,920 --> 00:24:09,120 Speaker 1: It doesn't work that way. And so I just think 585 00:24:09,600 --> 00:24:11,919 Speaker 1: that was one of the roadblocks. And then even just 586 00:24:11,920 --> 00:24:13,520 Speaker 1: not having the knowledge because I don't come from a 587 00:24:13,520 --> 00:24:18,119 Speaker 1: family where people are always you know, investing and entrepreneurial 588 00:24:18,480 --> 00:24:20,600 Speaker 1: and so and that's fine because a lot of us 589 00:24:20,680 --> 00:24:22,800 Speaker 1: don't come from that background. So a lot of it 590 00:24:22,840 --> 00:24:24,520 Speaker 1: was me just trying to figure things out on the 591 00:24:24,560 --> 00:24:26,200 Speaker 1: fly and on my own, and I didn't know a 592 00:24:26,240 --> 00:24:27,320 Speaker 1: lot of people who had done it. 593 00:24:27,560 --> 00:24:29,840 Speaker 4: Okay, and how about you, Stacy, I mean, because there's 594 00:24:29,840 --> 00:24:31,639 Speaker 4: all these misconpcs. Oh, you need a lot of money, 595 00:24:31,800 --> 00:24:35,240 Speaker 4: you need perfect credit. Old interest rates are high right now, right, 596 00:24:35,520 --> 00:24:37,399 Speaker 4: So what were some of the roadblocks you had to 597 00:24:37,440 --> 00:24:39,320 Speaker 4: overcome that could possibly help some other people that are 598 00:24:39,359 --> 00:24:41,840 Speaker 4: on the fence about buying their first property, because now 599 00:24:41,880 --> 00:24:43,280 Speaker 4: is always the best time to buy real estate. 600 00:24:43,600 --> 00:24:47,680 Speaker 2: It was a really personal thing. I had best friends 601 00:24:47,720 --> 00:24:52,680 Speaker 2: like brother and sister, but a very critical ex husband 602 00:24:53,640 --> 00:24:58,280 Speaker 2: and my father was starting to get into dementia, so 603 00:24:58,359 --> 00:25:00,960 Speaker 2: getting a little paranoid. So a lot a nose around me, 604 00:25:01,280 --> 00:25:04,320 Speaker 2: got an awful lot of you can't do stuff around me, 605 00:25:04,560 --> 00:25:10,119 Speaker 2: And I'm a whole nother day story. I've grown up 606 00:25:10,119 --> 00:25:11,960 Speaker 2: in a lot of that, just because of how and 607 00:25:12,000 --> 00:25:14,480 Speaker 2: where I grow up, A lot of you can't so. 608 00:25:14,560 --> 00:25:16,840 Speaker 2: A lot of my mindset things that I teach people 609 00:25:16,880 --> 00:25:19,680 Speaker 2: I had to put to the test myself. You tell 610 00:25:19,720 --> 00:25:23,199 Speaker 2: people they have to get over themselves, you know, you 611 00:25:23,200 --> 00:25:25,040 Speaker 2: have to do that work to get over yourself. And 612 00:25:25,119 --> 00:25:28,640 Speaker 2: everything we're talking about, everything everyone's hearing. It really all 613 00:25:28,640 --> 00:25:32,240 Speaker 2: comes down to one thing. Willingness. Yeah, your willingness to 614 00:25:32,240 --> 00:25:35,400 Speaker 2: be uncomfortable, Your willingness to get over yourself, your willingness. 615 00:25:35,680 --> 00:25:37,520 Speaker 2: So many people out here, how many of you are 616 00:25:37,520 --> 00:25:40,399 Speaker 2: listening to this? Yeah, this sounds like a pretty good idea. 617 00:25:40,440 --> 00:25:42,520 Speaker 2: The only way it is going to work for you. 618 00:25:42,640 --> 00:25:44,080 Speaker 2: The only way it's going to work for you is 619 00:25:44,080 --> 00:25:47,280 Speaker 2: if you actually do it. So you have to be will. 620 00:25:47,080 --> 00:25:49,960 Speaker 1: Can that fear paralyze you into doing nothing? I think 621 00:25:50,000 --> 00:25:54,040 Speaker 1: that's the worst thing, because listen, everything does also invol risk, 622 00:25:54,119 --> 00:25:56,240 Speaker 1: and I want to say that too, because I love 623 00:25:56,280 --> 00:25:59,440 Speaker 1: real estate and I've been I've had my struggles and 624 00:25:59,520 --> 00:26:01,639 Speaker 1: challenges and things not go the way that I want to, 625 00:26:02,000 --> 00:26:05,360 Speaker 1: but I'm up in general, Like across the board. It's been, 626 00:26:06,359 --> 00:26:09,639 Speaker 1: you know, fortunately a journey, a positive journey for me, 627 00:26:09,640 --> 00:26:11,520 Speaker 1: and I love it. It's something that it made me 628 00:26:11,560 --> 00:26:13,679 Speaker 1: go get my real estate license because I did like 629 00:26:13,720 --> 00:26:15,480 Speaker 1: it so much and I wanted to make sure I 630 00:26:15,600 --> 00:26:17,959 Speaker 1: was as knowledgeable as possible about everything that it is 631 00:26:17,960 --> 00:26:20,679 Speaker 1: that I want to do, you know, So I just 632 00:26:20,760 --> 00:26:22,520 Speaker 1: but I never wanted to be so scared that I 633 00:26:22,520 --> 00:26:23,040 Speaker 1: did nothing. 634 00:26:23,600 --> 00:26:26,240 Speaker 3: Yes, yeah, absolutely. 635 00:26:25,680 --> 00:26:28,080 Speaker 2: That's incredible. So just one other thing I wanted you 636 00:26:28,119 --> 00:26:31,320 Speaker 2: to touch on before we get ready to party, and 637 00:26:31,400 --> 00:26:35,920 Speaker 2: you guys all get ready to party, ready, ready, going 638 00:26:35,960 --> 00:26:40,480 Speaker 2: into uncertain economy everything, uncertain interest rates. This year you 639 00:26:40,800 --> 00:26:44,520 Speaker 2: talk often about it's not about market timing. Those aren't 640 00:26:44,520 --> 00:26:46,440 Speaker 2: the things that can hold you back. And there's still 641 00:26:46,480 --> 00:26:48,520 Speaker 2: ways to make money in real estate because it all 642 00:26:48,760 --> 00:26:51,840 Speaker 2: what really matters is the price of which you purchased. 643 00:26:51,920 --> 00:26:52,520 Speaker 3: Talk about that. 644 00:26:52,840 --> 00:26:54,679 Speaker 4: Yeah, so people come to me and say, how are 645 00:26:54,720 --> 00:26:57,240 Speaker 4: you buying properties now. Interest rates are high, aren't you 646 00:26:57,280 --> 00:27:00,240 Speaker 4: worried about the market? You know the market drop being 647 00:27:00,240 --> 00:27:03,280 Speaker 4: in terms of pricing the economy. Now is always the 648 00:27:03,280 --> 00:27:04,960 Speaker 4: best time to buy real estate. People always need a 649 00:27:04,960 --> 00:27:07,439 Speaker 4: place to live. Right, Yes, interst rates are high, so 650 00:27:07,480 --> 00:27:09,320 Speaker 4: it just means I'm more critical my underwriting. 651 00:27:09,359 --> 00:27:10,439 Speaker 3: Right, I gotta buy it deeper. 652 00:27:10,560 --> 00:27:12,240 Speaker 4: I got to make sure that it's going to cash flow, 653 00:27:12,440 --> 00:27:14,000 Speaker 4: so I buy it a little cheaper to make sure 654 00:27:14,040 --> 00:27:16,199 Speaker 4: the rent I receive will cover the higher indust rate. 655 00:27:16,400 --> 00:27:18,280 Speaker 4: So I'm buying real estate right now. But guess what, 656 00:27:18,359 --> 00:27:20,880 Speaker 4: when race drop, I'm buying more real estate. Right, I'm 657 00:27:20,880 --> 00:27:23,240 Speaker 4: going to go even harder. And that's what I try 658 00:27:23,240 --> 00:27:25,440 Speaker 4: to teach people. So you just have to adjust for 659 00:27:25,480 --> 00:27:28,440 Speaker 4: the times. Real estate tends to go up over time. 660 00:27:28,520 --> 00:27:31,080 Speaker 4: You will have little dips, yes, where the market changes, 661 00:27:31,240 --> 00:27:34,199 Speaker 4: the stock market, crypto, they all have fluctuations. Nothing's a 662 00:27:34,200 --> 00:27:39,400 Speaker 4: permanent straight up, right, But with inflation, with shortage of housing, right, 663 00:27:39,800 --> 00:27:42,000 Speaker 4: over time, real estate tends to go up. If you 664 00:27:42,040 --> 00:27:44,280 Speaker 4: look at real estate twenty years ago, thirty years ago, 665 00:27:44,480 --> 00:27:47,200 Speaker 4: fifty years ago, ten years ago to what it is today, 666 00:27:47,359 --> 00:27:49,320 Speaker 4: you might have had little dips. But I can almost 667 00:27:49,320 --> 00:27:51,480 Speaker 4: put money behind it that it's worth more now than 668 00:27:51,480 --> 00:27:52,479 Speaker 4: it was twenty years ago. 669 00:27:52,640 --> 00:27:54,960 Speaker 1: I think about those people who bought those brownstones and 670 00:27:55,080 --> 00:27:58,400 Speaker 1: beside when they were forty thousand dollars and now they're 671 00:27:58,440 --> 00:28:01,800 Speaker 1: worth four million dollars, and you know, that's something that 672 00:28:01,840 --> 00:28:05,240 Speaker 1: can create wealth for generations to come when you when 673 00:28:05,280 --> 00:28:06,640 Speaker 1: you take care of that property and. 674 00:28:06,600 --> 00:28:07,320 Speaker 3: Don't who's a kid. 675 00:28:07,400 --> 00:28:08,879 Speaker 4: I grew up in the Lower East Side for Shooting 676 00:28:08,920 --> 00:28:11,399 Speaker 4: Avenue A right and so different. 677 00:28:11,520 --> 00:28:12,640 Speaker 3: It's so different back. 678 00:28:12,440 --> 00:28:15,240 Speaker 4: Then, and I remember I remember my dad's friends saying, hey, 679 00:28:15,240 --> 00:28:17,480 Speaker 4: my dad's name is Abdul and they were like, they're like, hey, dude, 680 00:28:17,520 --> 00:28:19,359 Speaker 4: you need to buy these condos and co ops up 681 00:28:19,359 --> 00:28:21,760 Speaker 4: because this area's about to change. My dad was like 682 00:28:21,800 --> 00:28:23,240 Speaker 4: he did what he could, but he's like, you know, 683 00:28:23,359 --> 00:28:25,199 Speaker 4: I don't have the money. He didn't have the mindset. 684 00:28:25,200 --> 00:28:27,520 Speaker 4: You have the knowledge. And those still are selling for 685 00:28:27,520 --> 00:28:30,320 Speaker 4: forty five thirty thousand. They're now worth way over a 686 00:28:30,359 --> 00:28:33,320 Speaker 4: million dollars two million, three million dollars. One bedrooms are 687 00:28:33,320 --> 00:28:35,480 Speaker 4: worth one and a half million bucks in the area now, right, 688 00:28:35,800 --> 00:28:38,640 Speaker 4: So you just got to get in the game. Buy 689 00:28:38,800 --> 00:28:41,320 Speaker 4: real estate, make sure you underwrite it. Right, have the 690 00:28:41,400 --> 00:28:43,800 Speaker 4: right team shown you how to underwrite it right, how 691 00:28:43,800 --> 00:28:46,400 Speaker 4: to write calculators to underwrite it right, make sures in 692 00:28:46,440 --> 00:28:49,000 Speaker 4: the cash flow, and you can you can ride any 693 00:28:49,040 --> 00:28:52,719 Speaker 4: wave of economy, ride any dips in prices right, and 694 00:28:52,920 --> 00:28:55,360 Speaker 4: you'll be on well in your way to wealth through 695 00:28:55,360 --> 00:28:55,800 Speaker 4: real estate. 696 00:28:56,440 --> 00:29:01,320 Speaker 2: Homeowners forty times more wealth than renters. That's right, and 697 00:29:01,360 --> 00:29:03,440 Speaker 2: that's why we started this. That's why we're going to 698 00:29:03,480 --> 00:29:05,240 Speaker 2: be doing it all year. We are going to help 699 00:29:05,280 --> 00:29:07,960 Speaker 2: our community by one hundred million dollars in real estate 700 00:29:07,960 --> 00:29:14,040 Speaker 2: this year. Live access, live people constantly. We're in it again. 701 00:29:14,120 --> 00:29:18,040 Speaker 2: Everybody memorized this text party. I can remember that part 702 00:29:19,440 --> 00:29:23,080 Speaker 2: six eight nine two one five seven six six four 703 00:29:23,400 --> 00:29:27,480 Speaker 2: For our free launch party tonight, seven pm Eastern time. 704 00:29:27,560 --> 00:29:30,800 Speaker 2: Angelo will be there, I'll be there live. Can't miss 705 00:29:30,800 --> 00:29:32,719 Speaker 2: a party, Sayam will be there. You can get your 706 00:29:32,760 --> 00:29:35,640 Speaker 2: questions answered live. It's going to be incredible. If you 707 00:29:35,680 --> 00:29:38,000 Speaker 2: want to go straight to I'm ready to join this 708 00:29:38,080 --> 00:29:41,360 Speaker 2: even before the party, go to Wealth Wednesday's real Estate 709 00:29:41,480 --> 00:29:43,320 Speaker 2: Club dot com. I know it's long, but it is 710 00:29:43,400 --> 00:29:46,520 Speaker 2: easy to remember Wealth Wednesday's real Estate Club dot Com. 711 00:29:46,560 --> 00:29:48,520 Speaker 4: If you want to be like Lawrence, right here right 712 00:29:48,600 --> 00:29:53,040 Speaker 4: in twelve months by four real estate properties, right with 713 00:29:53,280 --> 00:29:54,600 Speaker 4: very little no money out of pocket? 714 00:29:54,880 --> 00:29:56,640 Speaker 2: Right, how much money was actually out of pocket? 715 00:29:57,840 --> 00:29:59,040 Speaker 3: Like zero doz zero. 716 00:30:02,040 --> 00:30:04,000 Speaker 4: So I want to be like Lawrence right here in 717 00:30:04,320 --> 00:30:07,920 Speaker 4: the span of one year buying a hotel that's worth 718 00:30:07,920 --> 00:30:08,200 Speaker 4: how much? 719 00:30:08,240 --> 00:30:10,400 Speaker 3: How much you buying it for? One point six million? 720 00:30:10,520 --> 00:30:12,240 Speaker 3: One point six five million dollars? 721 00:30:12,400 --> 00:30:15,720 Speaker 4: Okay, join the Wealth real Estate Club, right, there's no 722 00:30:15,760 --> 00:30:17,760 Speaker 4: better place out there to get real hand knowledge from 723 00:30:17,800 --> 00:30:19,720 Speaker 4: people doing the business each and every day. 724 00:30:20,040 --> 00:30:22,400 Speaker 2: And just last point, Angela and I you know, Wealth 725 00:30:22,440 --> 00:30:26,240 Speaker 2: Wednesdays we've been doing for almost ten years now, and no, 726 00:30:27,160 --> 00:30:29,680 Speaker 2: we've always just brought you the very very best and 727 00:30:29,880 --> 00:30:33,080 Speaker 2: we took great care. We've been finding so we vetted. 728 00:30:33,200 --> 00:30:35,880 Speaker 1: Yeah, because any I'm like Stacy, we got to make 729 00:30:35,880 --> 00:30:38,440 Speaker 1: sure and it's always on point. That's why I feel 730 00:30:38,480 --> 00:30:43,600 Speaker 1: like this is a perfect situation. So he's vetted, we're 731 00:30:43,640 --> 00:30:45,760 Speaker 1: not to all win. And I tell Stacey were having 732 00:30:45,760 --> 00:30:46,840 Speaker 1: a money party. 733 00:30:47,400 --> 00:30:49,960 Speaker 2: We're having a money party, definitally having a money party. 734 00:30:50,040 --> 00:30:53,040 Speaker 2: Join it again Text party to six eight nine two 735 00:30:53,120 --> 00:30:55,720 Speaker 2: one five seven six sixty four. We will see you 736 00:30:55,760 --> 00:30:57,760 Speaker 2: in a couple hours because we're gonna go get started. 737 00:30:57,920 --> 00:30:59,600 Speaker 3: Let go guys. The more you learn, the more you 738 00:30:59,680 --> 00:31:04,120 Speaker 3: earn school, earn together. Guys Way up.