WEBVTT - Cliff Notes: How to Make Money Renting Your House out in Peerspace

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<v Speaker 1>An illegal alien from Guatemala charged with raping a child

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<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 1>are here illegally your next you will be fined nearly

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<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

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<v Speaker 1>never return. But if you register using our CBP home

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<v Speaker 1>app and leave now, you could be allowed to return legally.

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<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

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<v Speaker 1>border and families will be protected.

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<v Speaker 2>Sponsored by the United States Department of Homeland Security.

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<v Speaker 3>When did you buy your first home twenty fifteen? How much?

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<v Speaker 3>How much was it three hundred and sixty thousand dollars?

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<v Speaker 4>How much is it now?

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<v Speaker 3>Five hundred and ninety thousand dollars he said it would

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<v Speaker 3>a smile and I didn't pay anything.

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<v Speaker 5>And mind you, three hundred and sixty thousand. The mortgage

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<v Speaker 5>has been paid down for eight years by the tenants.

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<v Speaker 5>I've been living for free. So that's all. Like, once

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<v Speaker 5>I sell this thing, it's going to be all profit

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<v Speaker 5>on top of twenty or thirty years of cash flow?

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<v Speaker 4>Are you getting positive cash flow now seventeen hundred a

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<v Speaker 4>month from.

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<v Speaker 3>A place I live? They know you're h I'm cool.

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<v Speaker 3>I'm like the coolest landlord, Like yeah, okay. Yeah.

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<v Speaker 5>So so like if I go do something big or

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<v Speaker 5>something like that, I wouldn't I wouldn't tell nobody, but

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<v Speaker 5>for this kind of stuff, and a lot of people like, yeah,

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<v Speaker 5>don't tell, Like nah, man, get familiar with your tennis,

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<v Speaker 5>Get build a relationship with your tennis, like you know

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<v Speaker 5>what I mean. Like that's that's a good thing. Like

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<v Speaker 5>don't In that way, it's easy for you to have

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<v Speaker 5>certain conversations without people getting offended. Like hey, miss Jones,

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<v Speaker 5>don't forget it's the fifth make sure you pay your

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<v Speaker 5>rent tomorrow.

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<v Speaker 3>I ain't gonna charge.

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<v Speaker 5>You a late fee, but make sure you like you

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<v Speaker 5>know what I mean, Just like you have these relationships

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<v Speaker 5>and you can like, you know, you watch people, kids

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<v Speaker 5>grow up, and just like all of these different things

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<v Speaker 5>that I've gotten to learn and see as a landlord. Man,

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<v Speaker 5>it's actually pretty cool to have relationships with my tenants.

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<v Speaker 5>And the main thing for me is, man, you treat

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<v Speaker 5>people with respect, You provide quality living spaces for people.

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<v Speaker 5>You don't do slum lord shit. I promise you your

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<v Speaker 5>tenants are going to take care of you like they're

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<v Speaker 5>gonna take care of you, because at the end of

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<v Speaker 5>the day, this is their home.

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<v Speaker 3>Mine and with them living here.

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<v Speaker 5>How many people do you know like to tear up

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<v Speaker 5>their own shit. It's rare, of course, you see it.

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<v Speaker 5>Sometimes people live in some pretty fucked up places. But

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<v Speaker 5>a lot of times in those situations, people don't care

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<v Speaker 5>because the landlord ain't taking care of the property the

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<v Speaker 5>way that they're supposed to. When you taking care of

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<v Speaker 5>your stuff, people who have nice stuff, they like to

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<v Speaker 5>keep it nice. I've never before I was a landlorder.

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<v Speaker 5>I've never lived somewhere and I just tore the place

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<v Speaker 5>up or nothing like. I like nice shit, so I

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<v Speaker 5>like to, you know what I mean, take care of it,

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<v Speaker 5>keep it nice.

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<v Speaker 3>If I had a company. I wanma comes to all

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<v Speaker 3>this is nice, Like that's just common sense.

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<v Speaker 4>Right, So can you rEFInd out of the knocker?

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<v Speaker 5>Hell yeah, boy, for su I'm sitting on so much

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<v Speaker 5>equity right now, right so in order for me to

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<v Speaker 5>go get a home equity line of credit and pull

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<v Speaker 5>money out of a property that I own, I got it.

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<v Speaker 5>Your income and please go show income before you start

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<v Speaker 5>talking about doing br r rs and all this kind

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<v Speaker 5>of stuff. These terms, it's all over the internet because

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<v Speaker 5>at the end of the day, you have to know

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<v Speaker 5>the terms of doing these things before you go out

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<v Speaker 5>and do it. Because yeah, that's your money, but it

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<v Speaker 5>ain't your money, Like it's your money in your pocket.

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<v Speaker 5>You got to go get permission from the bank to

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<v Speaker 5>access this money. And if you don't have a relationship

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<v Speaker 5>with the bank and you can't show the bank that

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<v Speaker 5>you're making money, the bank ain't gonn.

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<v Speaker 3>Want to hear that shit at all. Think like, boy,

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<v Speaker 3>this's our money, we own this.

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<v Speaker 6>So talk about the pair space play because you're not

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<v Speaker 6>you living the one but the one with your girlfriend.

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<v Speaker 6>You are using peer space. How you came to contact

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<v Speaker 6>with it, and what's to play on that?

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<v Speaker 5>So pier Space is something that I found out about

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<v Speaker 5>when I was rapping. I used to, you know, have

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<v Speaker 5>videographers or whatever, and we just always these dope places.

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<v Speaker 5>But it would just be in the budget and what

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<v Speaker 5>they charged me for and I'm like, bro, where you

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<v Speaker 5>find this set or whatever the case may be. And

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<v Speaker 5>I would hear them talk about peer space, but I

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<v Speaker 5>just never looked into it. So one day I was

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<v Speaker 5>shooting some content at the new house. Like I said,

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<v Speaker 5>it's five so I like, man, I sound for shoot

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<v Speaker 5>all kind of content in this house. My guy was like, bro,

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<v Speaker 5>you should consider putting his house on peer space. You

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<v Speaker 5>would check a bag And I'm just like, that's the

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<v Speaker 5>shit you've been telling me about all these years. He like, fam,

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<v Speaker 5>I'm going to rent your house. Like I'm finna be

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<v Speaker 5>calling you and renting your house. So the next day

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<v Speaker 5>I went on peer space, you know, I went and

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<v Speaker 5>took me some pictures of the property or whatever.

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<v Speaker 3>Man two days later, bookings, bookings, bookings, bookings, bookings.

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<v Speaker 5>Video shoots, photo shoots. People want to come and host

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<v Speaker 5>dinner parties.

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<v Speaker 4>It's just like peers Space is a vibe and a

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<v Speaker 4>lot a lot of people still don't know about pasty, and.

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<v Speaker 5>It's crazy because the thing earners What's up?

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<v Speaker 7>You ever walk into a small business and everything just

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<v Speaker 7>works like, the checkout is fast, the receipts are digital,

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<v Speaker 7>tipping is a breeze, and you're out the door before

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<v Speaker 7>the line even builds. Odds are they're using Square. We

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<v Speaker 7>love supporting businesses that run on Square because it just

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<v Speaker 7>feels seamless. Whether it's a local coffee shop, a vendor

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<v Speaker 7>at a pop up market, or even one of our

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<v Speaker 7>merch partners. Square makes it easy for them to take payments,

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<v Speaker 7>manage inventory, and run their business with confidence, all from

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<v Speaker 7>one simple system. If you're a business owner or even

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<v Speaker 7>just thinking about launching something soon, Square is hands down

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<v Speaker 7>one of the best tools out there to help you start, run,

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<v Speaker 7>and grow. It's not just about payments, it's about giving

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<v Speaker 7>you time back so you can focus on what matters

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<v Speaker 7>most ready. To see how Square can transform your business,

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<v Speaker 7>visit Square dot com backslash go backslash eyl to learn more.

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<v Speaker 7>That's where dot com backslash, go backslash eyl. Don't wait,

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<v Speaker 7>don't hesitate, let's Square handle the back end so you

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<v Speaker 7>can keep pushing your vision forward. This episode is brought

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<v Speaker 7>to you by P and C Bank. A lot of

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<v Speaker 7>people think podcasts about work are boring, and sure, they

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<v Speaker 7>definitely can be. But understanding a professional's routine shows us

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<v Speaker 7>how they achieve their success little by little, day after day.

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<v Speaker 7>It's like banking with P and C Bank. It might

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<v Speaker 7>your bank, but keeping your money boring is what helps

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<v Speaker 7>Bank Brilliantly Boring since eighteen sixty five. Brilliantly Boring since

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<v Speaker 7>Financial Service Group, Inc.

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<v Speaker 6>P and C Bank National Association.

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<v Speaker 1>Member FDIC, an illegal alien from Guatemala charged with raping

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<v Speaker 1>a child in Massachusetts. Thirteen gang member from Al Salvador

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<v Speaker 1>accused of murdering a Texas. Man of Venezuelan charged with

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<v Speaker 1>filming and selling child pornography in Michigan. These are just

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<v Speaker 1>some of the heinous migrant criminals caught because of President

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<v Speaker 1>Donald J. Trump's leadership. I'm Christy nom, the United States

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<v Speaker 1>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 1>crossings are at the lowest levels. Ever recorded, and over

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<v Speaker 1>one hundred thousand illegal aliens.

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<v Speaker 2>Have been arrested.

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<v Speaker 1>If you are here illegally, your next you will be

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<v Speaker 1>fine nearly one thousand dollars a day, imprisoned and deported,

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<v Speaker 1>you will never return. But if you register using our

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<v Speaker 1>CBP home app and leave now, you could be allowed

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<v Speaker 1>to return legally. Do what's right. Leave now. Under President

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<v Speaker 1>Trump America's laws, border and families will.

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<v Speaker 2>Be protected sponsored by the United States Department of Homeland Security.

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<v Speaker 3>Case you can still live there. It's not like Airbnb.

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<v Speaker 4>You have to be gone and is like Airbnb. A

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<v Speaker 4>lot of these buildings they don't even allow it allow

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<v Speaker 4>and stuff like that, and they're cracking down. But like

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<v Speaker 4>we found out about Pair of Space, when we went

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<v Speaker 4>to we got to show Revolt of Aliability shots to Revolt.

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<v Speaker 4>So when we we do like off set locations where

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<v Speaker 4>we film with different stuff. So we were in LA

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<v Speaker 4>and we were filming in LA at this house on

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<v Speaker 4>the hills, and actually was at Atlanta. We were in Atlanta,

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<v Speaker 4>La too, but Atlanta we was filming an episode and

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<v Speaker 4>the lady who actually owned the house, she found out

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<v Speaker 4>that we were filming in so she stayed because she

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<v Speaker 4>was big fans of el so she wanted to introduce herself.

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<v Speaker 4>So then she started giving us the play like yeah,

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<v Speaker 4>you know, I rent this out the peer space. So

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<v Speaker 4>then we went to LA and then we the Revolt

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<v Speaker 4>rented a spot there. So we were talking to like

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<v Speaker 4>the production team and all that, and they like, yeah,

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<v Speaker 4>it's And the good thing about peer space is that,

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<v Speaker 4>especially like for that type of thing, it's only for

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<v Speaker 4>a couple hours as opposed to the whole night, and

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<v Speaker 4>it's a lot more money because it's like this is Revolt,

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<v Speaker 4>NBC like that.

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<v Speaker 5>You can have them come for two hours, NBC come

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<v Speaker 5>for two hours, CBS come for two hours. It's not

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<v Speaker 5>like all right, cool, we're getting five hundred for the night,

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<v Speaker 5>Like nah, you can run this ship up.

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<v Speaker 3>And then two of the crazy thing is so.

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<v Speaker 5>I run out my main floor, I run out my

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<v Speaker 5>office space, I rent out my.

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<v Speaker 3>Bathroom, all separate.

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<v Speaker 5>I can have three different things going on at the

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<v Speaker 5>same time, getting three different bags all from the same spaces.

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<v Speaker 4>More So, Airbnb is for people that want to come

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<v Speaker 4>and stay the night and live there for a day.

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<v Speaker 4>Peer spaces for people that want to do production. You

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<v Speaker 4>created or place music video, what we're doing here?

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<v Speaker 6>Is that we just when we did that photoshoot, same

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<v Speaker 6>thing with somebody's residential home. You got like five hours

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<v Speaker 6>to do it, take the pictures, put everything back the

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<v Speaker 6>same way. By the time they come home from work,

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<v Speaker 6>you just made five hundred to one thousand dollars just

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<v Speaker 6>coming home on the train.

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<v Speaker 4>If you live in a city that has like a

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<v Speaker 4>media presence, like New York, Chicago, Atlanta, LA, there's always

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<v Speaker 4>stuff hacked, stuff, always something's happening, whether it's a production,

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<v Speaker 4>a music video, dinner man I've.

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<v Speaker 5>Had I've had so many YouTube like sensations come and

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<v Speaker 5>do stuff in my crib, like people with two million followers.

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<v Speaker 3>I'm like, are you dude off of Yeah? What I

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<v Speaker 3>man like?

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<v Speaker 5>Its just be like, you know what, I may just

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<v Speaker 5>be cool, like the kind of people you interact with

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<v Speaker 5>and come across.

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<v Speaker 3>And then to another thing about Piers Space.

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<v Speaker 5>I feel like God put it in my life for

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<v Speaker 5>me to be, you know, a testimony to a lot

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<v Speaker 5>of the young guys. I get a lot of Chicago

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<v Speaker 5>rappers that come there. So when they see me, they

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<v Speaker 5>see me look like this, you know what I mean.

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<v Speaker 5>Sometimes I might spark up a smoke or something or whatever.

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<v Speaker 3>They be like you own this. I'm like, yeah, this

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<v Speaker 3>is me.

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<v Speaker 5>I'm like I own the building in the front too,

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<v Speaker 5>Like bruh how I'm like, man, just to play go

0:10:42.559 --> 0:10:44.720
<v Speaker 5>through the NACA program. All this money you flashing in

0:10:44.720 --> 0:10:47.240
<v Speaker 5>this video with that shit.

0:10:47.120 --> 0:10:50.079
<v Speaker 3>In an account like you know what. I'm like, build

0:10:50.080 --> 0:10:52.320
<v Speaker 3>a relationship with a bank, like you know what I'm saying.

0:10:52.320 --> 0:10:53.760
<v Speaker 5>They'll come in the house, they'll see you know what

0:10:53.760 --> 0:10:56.400
<v Speaker 5>I mean, the CNBC, the stock market on They're like, Bro,

0:10:56.480 --> 0:10:59.800
<v Speaker 5>you into this Like I know I look like y'all, yes,

0:10:59.840 --> 0:11:02.880
<v Speaker 5>but this is my lifestyle like I buy, I buy property,

0:11:03.080 --> 0:11:05.200
<v Speaker 5>I invest in the stock market, I start businesses.

0:11:05.280 --> 0:11:06.880
<v Speaker 3>I'm like, this is my clothing brands. You have a

0:11:06.920 --> 0:11:07.520
<v Speaker 3>clothing brand?

0:11:07.679 --> 0:11:10.000
<v Speaker 5>Yes, bro, Like I'm really out here like going crazy

0:11:10.280 --> 0:11:16.479
<v Speaker 5>all because and NAKA like like you feel me like

0:11:16.480 --> 0:11:19.520
<v Speaker 5>like like respectfully humbly, like you know what the whole

0:11:19.559 --> 0:11:22.160
<v Speaker 5>time like yeah, y'all, and you can do the same thing.

0:11:22.200 --> 0:11:24.400
<v Speaker 5>And when I talk to these guys like this, when

0:11:24.400 --> 0:11:27.360
<v Speaker 5>I'm speaking their language and I'm speaking their lingo, they like, yo,

0:11:27.679 --> 0:11:30.080
<v Speaker 5>I want to be like you, I'm doing this ship.

0:11:31.520 --> 0:11:33.319
<v Speaker 5>They're like, I'm doing this whole time thinking this is

0:11:33.360 --> 0:11:35.040
<v Speaker 5>the only way for me to get rich. Here you are,

0:11:35.600 --> 0:11:37.760
<v Speaker 5>you have thousands of people who follow you on Instagram.

0:11:37.760 --> 0:11:41.040
<v Speaker 5>I'm trying to do everything that you're doing in a.

0:11:41.040 --> 0:11:44.480
<v Speaker 3>Saturated lane, But here you are just flourishing in your

0:11:44.520 --> 0:11:47.600
<v Speaker 3>own lane, doing your thing. Like yeah, bro, you're not

0:11:47.640 --> 0:11:49.679
<v Speaker 3>commis of who you are as a person. None of all.

0:11:49.679 --> 0:11:51.040
<v Speaker 2>Your safety, none of it.

0:11:57.320 --> 0:12:01.000
<v Speaker 1>An illegal alien from Guatemala charged with raping a child

0:12:01.040 --> 0:12:04.839
<v Speaker 1>in Massachusetts. An MS thirteen gang member from Al Salvador

0:12:05.080 --> 0:12:09.200
<v Speaker 1>accused of murdering a Texas man of Venezuelan charged with

0:12:09.280 --> 0:12:13.160
<v Speaker 1>filming and selling child pornography in Michigan. These are just

0:12:13.280 --> 0:12:17.040
<v Speaker 1>some of the heinous migrant criminals caught because of President

0:12:17.080 --> 0:12:20.600
<v Speaker 1>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:12:20.679 --> 0:12:25.439
<v Speaker 1>Secretary of Homeland Security. Under President Trump, Attempted illegal border

0:12:25.480 --> 0:12:29.040
<v Speaker 1>crossings are at the lowest levels ever recorded, and over

0:12:29.120 --> 0:12:32.320
<v Speaker 1>one hundred thousand illegal aliens have been arrested. If you

0:12:32.400 --> 0:12:36.240
<v Speaker 1>are here illegally, your next you will be fined nearly

0:12:36.320 --> 0:12:40.360
<v Speaker 1>one thousand dollars a day, imprisoned, and deported. You will

0:12:40.400 --> 0:12:44.040
<v Speaker 1>never return. But if you register using our CBP home

0:12:44.080 --> 0:12:47.439
<v Speaker 1>app and leave now you could be allowed to return legally.

0:12:47.800 --> 0:12:52.559
<v Speaker 1>Do what's right. Leave now. Under President Trump, America's laws,

0:12:52.720 --> 0:12:55.160
<v Speaker 1>border and families will be protected.

0:12:55.280 --> 0:12:57.400
<v Speaker 2>Sponsored by the United States Department of Homeland Security,