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Speaker 1: Welcome to Money Making Conversations. It's the show that she

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Speaker 1: is the secrets of success experience firsthand by Marketing and

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Speaker 1: Brandon expert Rashan McDonald. I will know he's giving me

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Speaker 1: advice on many occasions. And in case you didn't notice,

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Speaker 1: I'm not broke. You know he'll be interviewing celebrity CEOs,

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Speaker 1: entrepreneurs and industry decision makers. It's what he likes to do,

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Speaker 1: it's what he likes to share. Now it's time to

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Speaker 1: hear from my man, Rashan McDonald money Making Conversations.

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Speaker 2: Here we go.

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Speaker 3: Hi, I'm Rashan McDonald.

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Speaker 4: I host a weekly money making Conversation master Glass Show.

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Speaker 4: The interviews and information that this show provides offer everyone. Basically,

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Speaker 4: I tell her people every week it's time to stop

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Speaker 4: reading other people's success stories and start living your own.

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Speaker 4: My next guest are a dynamic duel one from USC

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Speaker 4: one from the HBCU.

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Speaker 3: Okay, now we're going to get in detail on the HBCU.

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Speaker 4: They're offering access to high value real estate, access once

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Speaker 4: reserved for only the largest investors, and committed to reshaping

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Speaker 4: opportunities for the black community. That's why they owned this show.

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Speaker 4: Please Welcome to the Money Making Conversation Master Class. The chairman

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Speaker 4: and CEO Dennis Earl and the vice president MIKEL.

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Speaker 5: Piles.

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Speaker 2: Hey, hey, thanks for having me.

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Speaker 4: Well, you know, you know, didn I was just giving.

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Speaker 4: I was just giving the extra us that love over

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Speaker 4: the HPCU. You know, I got love for you.

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Speaker 6: And see now, hey listen, I'm a fan of HBCU,

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Speaker 6: although I'm the lum of USC, so I give love

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Speaker 6: both ways.

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Speaker 5: Brother, all right, I'm good.

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Speaker 2: We said that.

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Speaker 5: We said that.

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Speaker 4: Now, Michael, we have a little history because we talked

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Speaker 4: on a previous interview because you you're kind of like,

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Speaker 4: what can I say, a serial entrepreneurs?

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Speaker 3: Right, it was a It was an online liquor business.

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Speaker 2: Correct, that's right, that's right.

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Speaker 7: I own an alcohol delivery service, actually the first black

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Speaker 7: owned alcohol delivery service called Quick Lick. We are located

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Speaker 7: in Miami, Florida and Atlanta, Georgia. I owned that with

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Speaker 7: two of my founders that I went to Clark Atlanta

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Speaker 7: University with.

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Speaker 2: So we're just continuing this HBCU takeover. That's what we're doing.

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Speaker 3: Well, here's the beauty of it. Okay.

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Speaker 4: I established Money Making Conversation master Glass to give would

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Speaker 4: I consider.

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Speaker 3: The next stars of this business.

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Speaker 4: That's entrepreneurs, black investors, black voices.

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Speaker 3: You know, we know this business is tied social.

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Speaker 4: Media, is tied to rappers, music artists influences. But you

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Speaker 4: guys play a role as influenced as the chairman and ceo.

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Speaker 3: Did this pleasing?

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Speaker 4: Not here to correctly the name of your business and

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Speaker 4: where did that name come from?

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Speaker 6: So the company is called the Wholetaeil Group, and the

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Speaker 6: whole Tel Group is essentially a real estate syndication company

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Speaker 6: born from four black phenomenal men who really wanted to

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Speaker 6: give education to those who ordinarily would not have the

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Speaker 6: information to grow success, grow portfolios, and grow generational wealth.

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Speaker 6: So the Hotel Group essentially means born from within and

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Speaker 6: born from within is each of us can look inside

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Speaker 6: of our own souls and really dig deep, find ways

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Speaker 6: to be successful and live the American dream.

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Speaker 4: Well, you guys are based in California. I lived in

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Speaker 4: Californa from nineteen ninety two thousand and five, where real

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Speaker 4: estate is a crazy expensive. I always state to California

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Speaker 4: gets crazy expensives. I will tell people low income housing.

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Speaker 4: They can say, to California, but guess what you've been

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Speaker 4: to have some money.

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Speaker 2: So what is the.

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Speaker 3: General purpose of what you guys are doing? Dennis?

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Speaker 6: So, the purpose is allowing for individuals of like mind

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Speaker 6: to invest their dollars together as a collective, and then

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Speaker 6: those dollars raised are then deployed into large multi family

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Speaker 6: apartment buildings across the United States. Residential is you know,

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Speaker 6: everyone knows what a house is, or a condo or

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Speaker 6: a townhouse. Not many in the black community understand the

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Speaker 6: ins and outs of how to buy an apartment building.

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Speaker 6: We've been kept out of commercial real estate because, to

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Speaker 6: be frank, most Blacks do not have the liquidity to

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Speaker 6: play in the commercial real estate space. So we have

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Speaker 6: provided the opportunity to where individuals who do not have

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Speaker 6: the liquidity can put their money together as a collective

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Speaker 6: and buy an apartment building together and receive a dividend

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Speaker 6: on a quarterly basis an annual depreciation via the K

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Speaker 6: one and equity, which most are really doing at a

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Speaker 6: great scale, But not many Blacks.

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Speaker 4: So, Michael, are you guys or just all this about education?

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Speaker 4: So I asked questions so I can be knowledgeable the process.

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Speaker 3: So are y'all seeking investors? Are y'all developers.

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Speaker 7: What are y'all we're doing both. We're doing both, Rashan.

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Speaker 7: So on the investment side is that's what Dennis said.

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Speaker 7: You know, our primary purpose is to galvanize investors from.

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Speaker 2: All walks of life.

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Speaker 7: We work with seasoned, accredited investors and novice beginner level investors.

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Speaker 2: You know, our whole thing.

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Speaker 7: When you talk about being a black owned investment company,

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Speaker 7: the ethos of our company, it starts with education.

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Speaker 5: You know.

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Speaker 7: Magic Johnson said it best, and I'm stealing this from

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Speaker 7: our partner, Dennis, but Magic Johnson said it best.

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Speaker 2: When it comes to the black diaspora.

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Speaker 7: We're experts in fashion, we're experts in entertainment, but we're

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Speaker 7: lagging behind in financial literacy. And so the Haltaire Group,

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Speaker 7: our whole purpose is to come together, galvanize our investors

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Speaker 7: and purchase these high value wealth building assets that are

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Speaker 7: typically only reserved for people that do not look like us.

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Speaker 7: So that's what we do on the investment side. And

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Speaker 7: then on the development side, our partner Marcide Hatcher, who's

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Speaker 7: our chief of Development, is overseeing Haltaire Development, which is

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Speaker 7: a special designated HBCU oriented division of Haltaire Group. Let

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Speaker 7: me tell you what we're doing with that Rashon Haltaire

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Speaker 7: is absolutely trailblazing. We're one of the only real estate

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Speaker 7: investment companies in the country, probably in the world, that's

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Speaker 7: focused on the HBCU student housing crisis. We've purchased five

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Speaker 7: acres of land in Tuskegee, Alabama, and we're working with

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Speaker 7: Tuskegee University to develop over two hundred brand new, top

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Speaker 7: of the line student housing units for that next class,

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Speaker 7: that next generation of leaders at Tuskegee. And we're currently

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Speaker 7: in negotiations for a forty two acre plot of land

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Speaker 7: in Texas.

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Speaker 2: I don't want to give the exact location because.

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Speaker 7: We're still getting the deal together, but we're getting ready

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Speaker 7: to close on forty two acres Rashon that we'll be

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Speaker 7: able to develop hundreds and hundreds of student housing as

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Speaker 7: well as multi media facilities for one of the prominent

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Speaker 7: HBCUs in Texas.

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Speaker 2: We're super proud about it.

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Speaker 4: Well this way, I broadcast on Texas Southern University, which

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Speaker 4: is in Houston, Texas, So if it's anywhere near my

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Speaker 4: broadcast reach, please come back. You know, hopefully it'll be

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Speaker 4: a groundbreaking ceremonial. Love to be invited down to that

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Speaker 4: because I just like to.

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Speaker 3: Say I'm an advocate.

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Speaker 4: I didn't go to or ten or graduate from HBCU,

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Speaker 4: but I'm an HBCU advocate because I understand black excellence

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Speaker 4: and I always.

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Speaker 3: Tell people about it because of the fact that and

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Speaker 3: it's no slack on the schools that we graduate from.

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Speaker 4: Dennis and Ipwi's that's what called predominant white institutions.

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Speaker 3: But you know, when you.

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Speaker 4: Realize that HBCUs are delivering fifty percent of the black

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Speaker 4: high school teachers, you know, seventy five percent of the doctors,

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Speaker 4: seventy five percent of the dentists, thirty percent of the

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Speaker 4: STEM graduates of HBCUs. You know this information is forty

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Speaker 4: percent of the member of the Hungress from.

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Speaker 3: Hbc US Vice President HBCUs. And I always tell people.

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Speaker 4: I constantly put that information out there because if we

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Speaker 4: didn't know Vice President Kamala Harris went to an HBCU,

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Speaker 4: we would assume an ivy league.

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Speaker 3: That's how stereotypes work.

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Speaker 4: And so when I come back, I say that Dennis,

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Speaker 4: you guys are working to gainst stereotypic You guys are

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Speaker 4: not supposed to be doing this. You know, how did

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Speaker 4: you guys even sit in the room look in the mirror.

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Speaker 3: Because you have to.

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Speaker 4: You know, I always tell people I get up at

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Speaker 4: fourth there I look at that mirror, that that mirror

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Speaker 4: can defeat you.

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Speaker 3: You can look at heus.

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Speaker 4: I'm too tired for this. I ain't got time for this.

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Speaker 4: That mirror just looking right back at you. So when

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Speaker 4: you're looking in the mirror, Dennis.

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Speaker 3: You're the chairman.

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Speaker 4: So obviously it came from up top and feartered down

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Speaker 4: to convince somebody like Michael, this is the bridge to

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Speaker 4: be on. Because he already said a liquor over there.

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Speaker 4: He fired, He got liquor rolling over there.

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Speaker 3: So how did you? How did this the dream start?

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Speaker 2: There?

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Speaker 3: Dennis?

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Speaker 6: You know, I got tired of being a slave to

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Speaker 6: the commission. Twenty five years of commercial real estate, over

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Speaker 6: three hundred transactions, broker North three billion dollars in real estate.

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Speaker 6: I got tired of building wealth for others who do

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Speaker 6: not look like us.

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Speaker 5: Right, So COVID happened.

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Speaker 6: COVID came, the world stopped, looked myself in the mirror,

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Speaker 6: and I said, what's next. I called my partner, Anthony Tabor,

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Speaker 6: who is a Morgus banker, I called my partner, Nis Williams,

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Speaker 6: who's a financial advisor, and obviously Mercie Hatcher, and we

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Speaker 6: came together and we said, look, let's start providing our information,

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Speaker 6: our knowledge. We all are experts within loans, brokerage, development

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Speaker 6: and financial wealth. Let's put our expertise and give the

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Speaker 6: education to the black and brown community, and let's build

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Speaker 6: a powerhouse.

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Speaker 5: And Rashaan, I am excited.

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Speaker 6: Three years later, we have one hundred and thirty five investors,

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Speaker 6: one hundred and thirty three are black. We have raised

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Speaker 6: over fifteen million dollars, we have over forty million dollars

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Speaker 6: in assets. We're approaching five hundred units under management in

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Speaker 6: just three years.

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Speaker 5: Imagine what we are going to do.

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Speaker 6: Together as a collective black dollars within the community over

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Speaker 6: the next three years. We're creating a monster with myself,

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Speaker 6: Michael and our partners and with the help of you

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Speaker 6: and this platform, we're doing wonderful things.

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Speaker 4: Right, So it is all about getting worried out because

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Speaker 4: I know this by cal Like when you came on

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Speaker 4: my show and you.

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Speaker 3: Know, it was unusual. I'd never heard of what you

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Speaker 3: was talking about.

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Speaker 4: You know, you had a game changing process and this

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Speaker 4: is a game changing process to digits because people here

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Speaker 4: they go, Man, that kind of makes sense, but I

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Speaker 4: don't believe it. So you have to deal with a

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Speaker 4: lot of you know, skepticism, correct.

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Speaker 5: Dennis, Absolutely, you know, really it's common practice.

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Speaker 6: Sports franchises, high rise buildings downtown Los Angeles or across

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Speaker 6: the across the world.

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Speaker 5: These are all syndications.

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Speaker 6: These are all individuals corporations who put their money together

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Speaker 6: and their dollars together.

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Speaker 5: Are more powerful.

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Speaker 6: Unfortunately, we as a community we're not doing it, or

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Speaker 6: the masses of us are not doing it because we're

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Speaker 6: not educated on how to do it.

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Speaker 5: And that's what we are doing.

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Speaker 6: We are providing that education so we as a community

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Speaker 6: can get behind a.

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Speaker 5: Ball and start making some serious, powerful moves.

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Speaker 4: Imagine this, Michael, you know, you know I'm over sixty

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Speaker 4: and so I've lived through the sixties, seventy eighty all

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Speaker 4: the way to today. And a are we too hard

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Speaker 4: on the black community when it comes to what we're

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Speaker 4: not doing what we're supposed to be doing.

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Speaker 3: You came from HBCU. You have a different vision, You

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Speaker 3: have a.

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Speaker 4: Different story to tell because you are academically trained in

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Speaker 4: a black culture. So there are some things I expect

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Speaker 4: you've experienced. I didn't experience, right, even though I participated

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Speaker 4: with my black friend brands players, the black fraternity on

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Speaker 4: the school I went to.

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Speaker 3: Are we too hard on us?

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Speaker 2: Man?

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Speaker 7: That's that's an excellent, excellent question, Rashan. And first off,

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Speaker 7: to be over sixty.

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Speaker 2: You look good, brother, you look good, thumb right, I

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Speaker 2: believe you. I believe you know that question.

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Speaker 7: And the reason I say it's a good question is

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Speaker 7: because you know there's some truth to it.

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Speaker 3: Right.

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Speaker 2: I grew up in a household.

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Speaker 7: I was very fortunate to have two black parents, both

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Speaker 7: college educated, neither of which went to HBCUs, but instilled

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Speaker 7: that in me the power of going to an HBCU.

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Speaker 7: They were very hard on me, very very hard, very tough.

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Speaker 7: But I think it's out of necessity Rashan. In fact,

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Speaker 7: I know it is right. Historically, the world has been

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Speaker 7: hard on black people, you know, minorities in general.

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Speaker 2: The world has been hard on us.

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Speaker 7: So I think intrinsic to the black experience is a

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Speaker 7: need to be hard on your kids, right, so that

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Speaker 7: you have that so your kids are born and developed

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Speaker 7: with that rigidness, that callous because when they go out

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Speaker 7: in the world. As we know, when you go into

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Speaker 7: the corporate world, when you go into the educational landstape,

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Speaker 7: when you go into the work for the workforce, the

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Speaker 7: world is going to be hard on us. So if

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Speaker 7: we're tough on ourselves, then we prepare ourselves for that.

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Speaker 7: But let me just say this, though, I think that

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Speaker 7: Black people are the most powerful, most confident, most persevering

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Speaker 7: culture that we have.

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Speaker 2: I'm so proud to grow.

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Speaker 7: Up as a black man and to have been to

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Speaker 7: an HBCU, and I believe that a lot of our success,

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Speaker 7: a lot of our legacy, can be attributed to that

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Speaker 7: strength that we have. So when you so some people

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Speaker 7: look at it as being hard, but I look at

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Speaker 7: it as just preparing us for life. And we've been

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Speaker 7: able to over the generations do great, great things, and

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Speaker 7: that we're continuing to grow.

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Speaker 8: Please don't go anywhere.

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Speaker 7: We'll be right.

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Speaker 8: Back with more Money Making Conversations Masterclass. Welcome back to

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Speaker 8: the Money Making Conversations Masterclass, hosted by Rashaan McDonald. Money

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Speaker 8: Making Conversations Masterclass continues online at Moneymakingconversations dot com and

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Speaker 8: follow money Making Conversations Masterclass on Facebook, Twitter, and Instagram.

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Speaker 4: What's driving you, Dennis, what's driving you in this whole process?

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Speaker 4: You know, you say you come from that background that well,

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Speaker 4: you're tired of.

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Speaker 3: Working for the man. Now you want to be the man.

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Speaker 3: What's the end goal?

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Speaker 6: The in goal is to change the direction of our

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Speaker 6: of the black generations to come. The end goal is

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Speaker 6: to continue to educate those who have minimal amount of

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Speaker 6: capital and those who have an excess amount of capital.

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Speaker 6: The goal is to change the narrative. Listen, I grew up,

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Speaker 6: I didn't know much about real estate. I knew about

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Speaker 6: residential real estate. I had no clue that there was

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Speaker 6: shopping centers and strip malls and apartment complexes that individuals owned,

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Speaker 6: and that the rental income was making those families wealthy.

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Speaker 6: Our goal at Hotel is to have our investors, our

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Speaker 6: community be those individual owners who are getting wealthy. Right,

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Speaker 6: those who are getting the mailbox checks. Some call it

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Speaker 6: as the envelope.

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Speaker 2: Right.

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Speaker 5: The cash flow that comes in.

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Speaker 6: Teaching those who attend HBCUs and those as you said

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Speaker 6: Rashawan who tend the pwis on how they can be

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Speaker 6: a boss, how they can apply their dollars from either

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Speaker 6: their corporate job or being an entrepreneur and by real estate,

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Speaker 6: by wealth, by cash flowing assets.

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Speaker 5: Not just a house or condover townhome.

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Speaker 6: We all should have those obviously, but really identified cast

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Speaker 6: loan to where their life is just so much better

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Speaker 6: and the education that growth from there.

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Speaker 5: That's the goal.

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Speaker 4: Let's talk about this, the whole process of trying to

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Speaker 4: catch up. That's what we were trying to do. You know,

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Speaker 4: because in the black community. I come from Fifth Ward,

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Speaker 4: which is an urban neighborhood inside of Houston. And the

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Speaker 4: first thing, you know, we buy clothes. We can buy

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Speaker 4: Black people can buy clothes.

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Speaker 5: Right.

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Speaker 4: Then all of a sudden, we might get us a car, okay,

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Speaker 4: and then if you bless, you get your house. Now

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Speaker 4: you're talking about builders and shopping centers. Then is your

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Speaker 4: I mean you like you over the moon now talking brother?

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Speaker 2: You beyond a car?

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Speaker 3: You beyond a house?

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Speaker 4: How does an individual, even a successful individual, wrap their

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Speaker 4: mind around this conversation you're having with me?

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Speaker 5: But we've made this very easy, right.

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Speaker 6: Most investment groups have a minimum interance level of fifty.

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Speaker 5: Thousand to one hundred thousand dollars. Let's be real, most don't.

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Speaker 6: Most are not sitting on fifty to one hundred thousand

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Speaker 6: dollars liquid. We lowered the ball to where our entrance

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Speaker 6: is ten thousand dollars. So rather than going to buy

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Speaker 6: the Jordans, or buying the Blame or buying the you know,

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Speaker 6: the extra package on the brand new car, put ten

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Speaker 6: thousand dollars and let it sit forget about it, because

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Speaker 6: guess what when you put your ten thousand that Bank

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Speaker 6: of America or Chase or Wells Fargo, what are they

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Speaker 6: doing for Sean.

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Speaker 5: They're taking our deposits.

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Speaker 6: They are investing our deposits into communities that we do

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Speaker 6: not live in.

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Speaker 5: And when we go to the bank and ask for.

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Speaker 6: A loan, we're the ones getting denied when they're using

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Speaker 6: our dollars sitting in their banks. So take those dollars,

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Speaker 6: put them into an investment, sit on it, and watch

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Speaker 6: it grow. So ten thousand dollars is our entrance. And

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Speaker 6: for those who put in ten thousand or north thereof,

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Speaker 6: they're able to receive cash flow, they're able to get

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Speaker 6: attached right off to save them on their UH income taxes.

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Speaker 6: They're able to get equity. So we make it really

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Speaker 6: easy for those to participate inside of the whotail group.

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Speaker 3: Cool I'm gonna go over to mikel hire from it.

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Speaker 4: Michael, how did you get into Dennis's life?

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Speaker 2: Yes? Yes, so Actually.

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Speaker 7: It was a very serendipitous event that brought Dennis and

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Speaker 7: I together. Uh, we actually roundabout way came together by

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Speaker 7: way of my fraternity, which is Kapa Alpha PSI Fraternity incorporated.

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Speaker 4: Yeah, meres another fraternity other than Alpha out there, that's

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Speaker 4: what you trying to tell me, brother, Well.

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Speaker 7: I thought we were the only fraternity, but you know,

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Speaker 7: we learned every day.

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Speaker 6: Wait, wait, I have to interject, because Rashan, you talked

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Speaker 6: about the vision. You asked us question earlier about the

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Speaker 6: vision of Wolter and if I remember correctly from history,

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Speaker 6: the visionaries of the seven founders of Alpha Phi Alpha

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Speaker 6: Alpha side.

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Speaker 5: Right now.

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Speaker 2: Please, Hey, hey, Rashaan, it's nineteen eleven, love brother. I.

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Speaker 7: So Dennis actually began, as you mentioned earlier, he began

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Speaker 7: the Halltaire Group with three other co founders, two of

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Speaker 7: which are members of my fraternity and one of which,

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Speaker 7: Marcide Hatcher, is a mutual friend of one of my

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Speaker 7: fraternity brothers. So, as I was looking to transition from

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Speaker 7: the residential side of real estate, where I made my

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Speaker 7: bones for many years into the commercial side and into

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Speaker 7: an opportunity to really help our community build wealth. I

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Speaker 7: saw that my fraternity brother Marcide began this company along

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Speaker 7: with Dennis and was doing some amazing things. So I

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Speaker 7: reached out to him and I said, hey, man, I

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Speaker 7: love to sit down and talk to you and your

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Speaker 7: partners because everything you're creating with the Halltaire Group resonates

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Speaker 7: with my passions and my goal in life, which is

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Speaker 7: to help my community and my family build generational wealth.

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Speaker 2: And that's how I met Dennis. We had a conversation.

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Speaker 7: I think he saw that I could be a great

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Speaker 7: addition to the team and the rest was history.

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Speaker 3: Cool.

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Speaker 4: I'm gonna go granular here, Dennis, because I really want

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Speaker 4: to understand what's going on.

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Speaker 3: With the hotel group.

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Speaker 4: Okay, you investing properties, buildings, shopping malls, to do rewrite

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Speaker 4: strip centers.

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Speaker 6: No, sir, No, we are for those familiar with Los Angeles,

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Speaker 6: we are in and out burger.

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Speaker 5: We do burgers and fries.

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Speaker 6: And I say that because we do multifamily and only multifamily.

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Speaker 3: Cool.

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Speaker 4: I'm going over to the to the math police over

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Speaker 4: here by kare you know? I got to ask about

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Speaker 4: this podcast because I know you.

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Speaker 3: I'd be keeping on my show, Dennis.

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Speaker 4: You your first time, but I know where the talking

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Speaker 4: machine is right there, right there?

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Speaker 3: You know. So, ho, you got a podcast that my

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Speaker 3: care tell me about.

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Speaker 2: That's right.

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Speaker 7: We are so proud of our It's called The How

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Speaker 7: with Haltare podcast.

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Speaker 2: The how is an acronym how.

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Speaker 7: It stands for helping others win and that says it

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Speaker 7: all in a nutshell.

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Speaker 2: We develop.

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Speaker 7: We developed this platform Rashan in order to educate the

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Speaker 7: community on all things regarding financial literacy, wealth being, entrepreneurship, investing,

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Speaker 7: and everything under the sun. You ask the question earlier

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Speaker 7: when it comes to bringing people into the Haltare ecosystem.

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Speaker 2: How do we explain what we do? How do we

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Speaker 2: pitch them?

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Speaker 7: Well, at Haltaire, we don't even like to look at

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Speaker 7: our business education as a pitch, right. Obviously, we're a

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Speaker 7: for profit business and we bring in investors, but we

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Speaker 7: don't like to pitch our investors.

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Speaker 2: We like to educate them and we do it in.

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Speaker 7: A variety of ways, and the podcast is an extremely

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Speaker 7: unique and creative way that we're doing it for your

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Speaker 7: listeners out there that are interested in hearing or seeing

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Speaker 7: the podcast. You can find us on YouTube just type

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Speaker 7: in how with Hantaire. We're on Spotify, Amazon, Apple Podcasts,

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Speaker 7: wor getting out far and wide with this message with

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Speaker 7: Sean because we want the community at large to understand

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Speaker 7: that everybody out there can do what we do.

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Speaker 2: And that's what we're letting them know.

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Speaker 3: See what I'm saying. You see what I'm saying, Tennis.

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Speaker 3: You know what I'm saying.

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Speaker 5: My piece, that's my VP. That's but you know what,

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Speaker 5: I would be remiss if I do not challenge your

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Speaker 5: guy's fraternity.

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Speaker 6: I'm going to Alpha Side on money Making with Rashaw

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Speaker 6: McDonald Get it.

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Speaker 4: Right, Money Making Conversation Masterclass Alpha Kappa Omega. All right,

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Speaker 4: I ain't got no problem being challenged because that's what

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Speaker 4: we do well.

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Speaker 6: Omega and Kappa Alpha Side Alpha find Alpha two dates

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Speaker 6: per this conversation has raised one point one million dollars

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Speaker 6: that has gone into our assets across the United States.

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Speaker 5: So I am officially challenging Omega SCIE five.

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Speaker 6: I am challenging Kapa Alpha, PSI five, Beta Sigma and

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Speaker 6: all the others in the Divine nine the Back Hotel Group.

447
00:23:16,200 --> 00:23:18,760
Speaker 6: Put your black dollars behind a black company who are

448
00:23:18,800 --> 00:23:23,480
Speaker 6: doing phenomenal business and grow your Portfoltios within your organization.

449
00:23:23,440 --> 00:23:26,160
Speaker 4: Absolutely, like you said for Smith Arkansast like you said,

450
00:23:26,160 --> 00:23:29,120
Speaker 4: Saint Louis like you said, Maroo Louisiana, like I said

451
00:23:29,160 --> 00:23:31,879
Speaker 4: East New Orleans. They are projects they're developing in the

452
00:23:31,920 --> 00:23:34,880
Speaker 4: Texas market. They gonna announce it a few days when

453
00:23:34,880 --> 00:23:36,760
Speaker 4: they break bread. They're gonna bring Rashaan down so I

454
00:23:36,760 --> 00:23:38,400
Speaker 4: can break bread with them, throw a little.

455
00:23:38,160 --> 00:23:39,440
Speaker 3: Dirt route do it like that.

456
00:23:39,720 --> 00:23:41,320
Speaker 4: But the good thing about it, I want to take

457
00:23:41,359 --> 00:23:44,359
Speaker 4: the time for the thank you guys for coming over here,

458
00:23:44,400 --> 00:23:46,280
Speaker 4: because you know.

459
00:23:46,480 --> 00:23:49,320
Speaker 3: The model is simple. You know what I'm saying.

460
00:23:49,720 --> 00:23:54,159
Speaker 4: You buy your investing properties eighty five percent occupancy. That

461
00:23:54,240 --> 00:23:58,600
Speaker 4: means there's a return on investment immediately. Eight percent is

462
00:23:58,880 --> 00:24:02,080
Speaker 4: an your return on an investment. And so with that

463
00:24:02,119 --> 00:24:04,840
Speaker 4: being said, the research is put in.

464
00:24:04,800 --> 00:24:05,520
Speaker 3: On the properties.

465
00:24:05,560 --> 00:24:08,479
Speaker 4: The properties have high value, not holding on to them

466
00:24:08,520 --> 00:24:11,679
Speaker 4: for five years or longer. It's the whole process seems

467
00:24:11,760 --> 00:24:12,359
Speaker 4: very simple to me.

468
00:24:12,440 --> 00:24:12,760
Speaker 3: Guys.

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00:24:12,920 --> 00:24:14,520
Speaker 4: I want to thank y'all for coming on my show,

470
00:24:14,560 --> 00:24:18,320
Speaker 4: Money Making Conversation Masterclife. If I said anything, Chairman, you

471
00:24:18,320 --> 00:24:20,280
Speaker 4: can strike me down, brother, you can strike me down.

472
00:24:22,000 --> 00:24:22,480
Speaker 5: That's great.

473
00:24:22,520 --> 00:24:23,720
Speaker 2: Rashaan, Hey, hey, Rashaan.

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00:24:23,840 --> 00:24:27,360
Speaker 7: The only thing you missed is the is the equity appreciation.

475
00:24:27,720 --> 00:24:30,040
Speaker 7: We're all about building wealth, and one thing I just

476
00:24:30,040 --> 00:24:33,080
Speaker 7: wanted to shout out is that all of our assets

477
00:24:33,280 --> 00:24:37,760
Speaker 7: have appreciated tremendously in equity. The eight percent eight percent

478
00:24:37,840 --> 00:24:41,520
Speaker 7: cash return is good, it's great. But the equity, we're

479
00:24:41,520 --> 00:24:45,240
Speaker 7: talking about millions and millions of dollars that our investors

480
00:24:45,280 --> 00:24:47,200
Speaker 7: are going to be able to cash in on and

481
00:24:47,400 --> 00:24:48,960
Speaker 7: have that wealth for the next generation.

482
00:24:49,960 --> 00:24:52,800
Speaker 4: And so when they come in, that's their equity point

483
00:24:52,800 --> 00:24:55,680
Speaker 4: when they come when they invest in, and then it

484
00:24:55,720 --> 00:24:56,560
Speaker 4: ascends from there.

485
00:24:56,600 --> 00:24:57,600
Speaker 3: That's how it works, yes, sir.

486
00:24:57,640 --> 00:25:01,000
Speaker 7: When you invest that establishes your base, as we would

487
00:25:01,000 --> 00:25:03,680
Speaker 7: call it in the industry, and then over time, as

488
00:25:03,720 --> 00:25:07,080
Speaker 7: you live in one of our funds, then your equity

489
00:25:07,200 --> 00:25:09,880
Speaker 7: in that fund appreciates over time. So if we buy

490
00:25:09,880 --> 00:25:13,400
Speaker 7: a property for ten million dollars, after three years, it's

491
00:25:13,440 --> 00:25:17,720
Speaker 7: worth fifteen sixteen million. Whenever we decide to sell or

492
00:25:17,760 --> 00:25:20,880
Speaker 7: refinance that property, you get your pro right to share

493
00:25:20,880 --> 00:25:21,560
Speaker 7: of that profit.

494
00:25:21,760 --> 00:25:23,760
Speaker 2: That's where the wealth comes in, right.

495
00:25:23,880 --> 00:25:25,600
Speaker 4: See that's that Hen and jam you ain't telling it

496
00:25:25,600 --> 00:25:28,320
Speaker 4: about it. You know, you know what I'm saying. That's

497
00:25:28,320 --> 00:25:30,600
Speaker 4: why you got Michael right here doing this. Thank you

498
00:25:30,600 --> 00:25:32,560
Speaker 4: guys for coming on Money Making Conversations Master Say. I

499
00:25:32,600 --> 00:25:35,800
Speaker 4: appreciate your time. I really appreciate you guys understanding what

500
00:25:35,840 --> 00:25:36,840
Speaker 4: I'm trying to do on this show.

501
00:25:36,880 --> 00:25:38,480
Speaker 3: But more importantly, one.

502
00:25:38,359 --> 00:25:40,240
Speaker 4: More quick shout out about the podcast. Fore I'll let

503
00:25:40,280 --> 00:25:40,879
Speaker 4: you go with Michael.

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00:25:41,080 --> 00:25:45,520
Speaker 7: Yes, please please go like, subscribe and follow the How

505
00:25:45,720 --> 00:25:51,040
Speaker 7: with Haltare podcast. That's how helping others win. We're on

506
00:25:51,080 --> 00:25:53,640
Speaker 7: YouTube and everywhere you get your podcasts.

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00:25:53,680 --> 00:25:54,280
Speaker 2: You'll love it.

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00:25:54,800 --> 00:25:57,200
Speaker 9: Thank you for joining us for this edition of Money

509
00:25:57,200 --> 00:26:02,840
Speaker 9: Making Conversations Masterclass. Money Making Conversations Masterclass with rough Shan

510
00:26:02,920 --> 00:26:06,560
Speaker 9: McDonald is produced by thirty eight fifteen Media Inc. More

511
00:26:06,600 --> 00:26:10,480
Speaker 9: information about thirty eight fifteen Media Inc. Is available at

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00:26:10,520 --> 00:26:13,000
Speaker 9: thirty eight fifteen media dot com.

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00:26:13,040 --> 00:26:15,760
Speaker 8: And always remember to lead with your gifts