1
00:00:00,040 --> 00:00:03,600
Speaker 1: An illegal alien from Guatemala charged with raping a child

2
00:00:03,680 --> 00:00:07,480
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador

3
00:00:07,720 --> 00:00:11,840
Speaker 1: accused of murdering a Texas man of Venezuelan charged with

4
00:00:11,920 --> 00:00:15,840
Speaker 1: filming and selling child pornography in Michigan. These are just

5
00:00:15,920 --> 00:00:19,680
Speaker 1: some of the heinous migrant criminals caught because of President

6
00:00:19,720 --> 00:00:23,320
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

7
00:00:23,320 --> 00:00:28,120
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

8
00:00:28,160 --> 00:00:31,680
Speaker 1: crossings are at the lowest levels ever recorded, and over

9
00:00:31,760 --> 00:00:34,960
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

10
00:00:35,040 --> 00:00:38,920
Speaker 1: are here illegally, your next you will be fined nearly

11
00:00:39,000 --> 00:00:43,000
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will

12
00:00:43,040 --> 00:00:46,680
Speaker 1: never return. But if you register using our CBP home

13
00:00:46,720 --> 00:00:50,120
Speaker 1: app and leave now, you could be allowed to return legally.

14
00:00:50,479 --> 00:00:55,240
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

15
00:00:55,400 --> 00:00:57,840
Speaker 1: border and families will be protected.

16
00:00:57,920 --> 00:01:00,000
Speaker 2: Sponsored by the United States Department of Homeland Security.

17
00:01:00,320 --> 00:01:02,000
Speaker 3: Matt How are you? How are you? Brother?

18
00:01:02,600 --> 00:01:09,040
Speaker 4: My brothers. Welcome back to America. Welcome back, Welcome back,

19
00:01:09,120 --> 00:01:11,039
Speaker 4: welcome back, welcome back.

20
00:01:11,720 --> 00:01:13,399
Speaker 5: Have you seen the past twenty four hours?

21
00:01:13,440 --> 00:01:17,240
Speaker 4: For SIMG I've been paying attention, and I have to say,

22
00:01:17,880 --> 00:01:19,760
Speaker 4: I don't know how you mother e Fis do it.

23
00:01:21,120 --> 00:01:26,080
Speaker 4: You guys are savagest, like, first of all, hold on,

24
00:01:26,520 --> 00:01:28,640
Speaker 4: we got to give y'all some flowers. First of all,

25
00:01:29,280 --> 00:01:31,480
Speaker 4: because there's no reason in God's green earth while you

26
00:01:31,480 --> 00:01:34,520
Speaker 4: should be doing open roment right now, especially after a

27
00:01:34,560 --> 00:01:37,200
Speaker 4: fifteen hour flight, and then you had to go to

28
00:01:37,480 --> 00:01:40,160
Speaker 4: chill with math Hoffen and the guys over there, and

29
00:01:40,200 --> 00:01:43,400
Speaker 4: then you still had meetings and zoom calls the merger.

30
00:01:44,760 --> 00:01:49,280
Speaker 4: You know, market mondays you've missed something. It's called another

31
00:01:49,320 --> 00:01:51,880
Speaker 4: big interview, Another big interview.

32
00:01:51,920 --> 00:01:55,280
Speaker 6: Oh my god, I'll text your pitulator, Please text me

33
00:01:55,320 --> 00:01:55,680
Speaker 6: the pitch.

34
00:01:55,840 --> 00:01:58,440
Speaker 4: See. I've been so busy. Shout out to Tuks. We've

35
00:01:58,480 --> 00:02:00,160
Speaker 4: been in the studio, We've been in the lab. I'm

36
00:02:00,200 --> 00:02:03,880
Speaker 4: just cooking up because work ethic don't stop over here

37
00:02:03,920 --> 00:02:09,320
Speaker 4: at eyl University, you know, just because the everybody has

38
00:02:09,360 --> 00:02:11,960
Speaker 4: to work. Everybody has to hold their position. There's no

39
00:02:12,040 --> 00:02:14,960
Speaker 4: weak links in our crew. So we've all been working.

40
00:02:15,120 --> 00:02:18,040
Speaker 4: But I'm super impressed with you guys. As always, I'm

41
00:02:18,080 --> 00:02:20,680
Speaker 4: proud of both of you, man, and I can't wait

42
00:02:20,680 --> 00:02:22,800
Speaker 4: to see you guys. Friday. When you guys get honored

43
00:02:23,200 --> 00:02:25,480
Speaker 4: is well deserved. So you don't even talk about how

44
00:02:25,560 --> 00:02:30,720
Speaker 4: y'all getting your flowers and your hometown, the town Greenberg

45
00:02:30,880 --> 00:02:32,840
Speaker 4: is honoring you guys. So I'm blowing this up. I

46
00:02:32,880 --> 00:02:36,160
Speaker 4: don't care, right you guys getting honored and you deserve

47
00:02:36,240 --> 00:02:39,760
Speaker 4: your flowers because I've been around for this from day

48
00:02:39,840 --> 00:02:43,040
Speaker 4: one and just to see the growth from three iPhones

49
00:02:43,080 --> 00:02:47,000
Speaker 4: on crooked stands and everything to why's is blown up

50
00:02:47,040 --> 00:02:49,600
Speaker 4: to right now? Man, I'm proud of you brothers. Man.

51
00:02:49,639 --> 00:02:52,160
Speaker 4: So you guys deserve your flowers. And everybody needs to

52
00:02:52,200 --> 00:02:55,200
Speaker 4: throw some gems in the comments for my brothers because

53
00:02:55,200 --> 00:02:58,200
Speaker 4: they're out here working hard. This is not easy. There's

54
00:02:58,280 --> 00:03:02,560
Speaker 4: sacrifices when it comes to this left of success and

55
00:03:02,760 --> 00:03:05,320
Speaker 4: they're putting on for us. Man. So shout out to

56
00:03:05,400 --> 00:03:07,320
Speaker 4: y'all man for real love.

57
00:03:07,400 --> 00:03:09,240
Speaker 3: My brother appreciate that. Brother.

58
00:03:09,520 --> 00:03:12,440
Speaker 4: Yeah, real talk man, That's that's real talk, man. That's

59
00:03:12,440 --> 00:03:14,760
Speaker 4: from the heart. Man. Y y'all dudes are savages.

60
00:03:14,880 --> 00:03:15,040
Speaker 7: Man.

61
00:03:15,080 --> 00:03:19,320
Speaker 4: I love it. Let's go, let's go. But y'all y'all different, man,

62
00:03:19,480 --> 00:03:24,680
Speaker 4: And for shot is the rism. He's been a rism

63
00:03:24,720 --> 00:03:28,840
Speaker 4: from day one. This dude is a nut. Let's go

64
00:03:29,080 --> 00:03:33,280
Speaker 4: Yo e y L University Times r p X, the

65
00:03:33,320 --> 00:03:36,720
Speaker 4: biggest just got bigger. I can't contain myself. I've been

66
00:03:36,720 --> 00:03:38,600
Speaker 4: waiting to talk about this for six months.

67
00:03:40,280 --> 00:03:40,920
Speaker 3: Let's go.

68
00:03:41,280 --> 00:03:47,000
Speaker 4: Let's go, man, Let's grow, Let's grow. Let's go. Shout

69
00:03:47,000 --> 00:03:51,240
Speaker 4: out to Marcus, Shout out to her five hundred, Shout

70
00:03:51,240 --> 00:03:54,200
Speaker 4: out to the whole rp X family. Let's go, man,

71
00:03:54,200 --> 00:03:57,000
Speaker 4: Shout out to the earners. Where my earners at man

72
00:03:57,040 --> 00:03:59,800
Speaker 4: through that graduation hat in the comments. Man, let's go.

73
00:04:00,080 --> 00:04:00,360
Speaker 3: Man.

74
00:04:01,080 --> 00:04:02,720
Speaker 4: I'm hi right now, but that shouldn't brought me on.

75
00:04:03,280 --> 00:04:05,680
Speaker 4: I'm too high. I can't contain myself right now.

76
00:04:07,480 --> 00:04:09,760
Speaker 3: Oh man, all right, we're gonna get into it.

77
00:04:09,840 --> 00:04:14,000
Speaker 8: Before we start, text the word learn to four zero

78
00:04:14,160 --> 00:04:19,400
Speaker 8: one two three eight seven four seven nine, or click

79
00:04:19,440 --> 00:04:22,120
Speaker 8: the link in the description of this video the NTI

80
00:04:22,200 --> 00:04:27,000
Speaker 8: information for updates on the release to the relaunch of

81
00:04:27,040 --> 00:04:30,559
Speaker 8: Eyo University, which will include the regional chapters, the course

82
00:04:30,680 --> 00:04:34,880
Speaker 8: nineteen courses, the live interactive classes. Is the whole vibe.

83
00:04:34,880 --> 00:04:39,240
Speaker 8: It's a whole situation. But Matt, we're gonna end it

84
00:04:39,279 --> 00:04:43,280
Speaker 8: with real estate. We talked about business branding, social media, branding.

85
00:04:43,360 --> 00:04:46,080
Speaker 8: We talked about business credit, and we're gonna end this

86
00:04:46,600 --> 00:04:49,280
Speaker 8: with real estate, something that's extremely important and it's been

87
00:04:49,279 --> 00:04:50,000
Speaker 8: a hot topic.

88
00:04:51,320 --> 00:04:56,400
Speaker 3: All right, so let's start here. What is the forecast?

89
00:04:56,440 --> 00:04:59,400
Speaker 8: What is your forecast for twenty twenty three when it

90
00:04:59,440 --> 00:05:03,480
Speaker 8: comes to real estate, when it comes to interest rates,

91
00:05:03,520 --> 00:05:07,120
Speaker 8: when it comes to home affordability, all of this stuff.

92
00:05:08,240 --> 00:05:12,880
Speaker 4: All right, good question, Richard. I would say I'm forecasting

93
00:05:12,960 --> 00:05:17,960
Speaker 4: from appreciation standpoint. I think home values and I've said

94
00:05:17,960 --> 00:05:20,039
Speaker 4: this before and I'm gonna say it again. Home values

95
00:05:20,080 --> 00:05:23,440
Speaker 4: will continue to appreciate in twenty twenty three. It will

96
00:05:23,520 --> 00:05:27,599
Speaker 4: get back to modest appreciation, normal appreciation, I should say.

97
00:05:28,160 --> 00:05:30,960
Speaker 4: I think, depending on where you are in the country,

98
00:05:31,320 --> 00:05:34,960
Speaker 4: we should see home appreciation anywhere from two to seven

99
00:05:35,080 --> 00:05:40,119
Speaker 4: percent on average nationwide, just depending on where you are. Now,

100
00:05:40,400 --> 00:05:41,919
Speaker 4: I know a lot of people see a lot of

101
00:05:41,920 --> 00:05:44,880
Speaker 4: fear mongering type of headlines out there when you see

102
00:05:44,960 --> 00:05:49,760
Speaker 4: home prices have declined or home sales have declined in

103
00:05:49,839 --> 00:05:54,400
Speaker 4: the past nine months. I know you guys see price reductions,

104
00:05:55,040 --> 00:05:58,000
Speaker 4: and don't you have to really read between the lines

105
00:05:58,000 --> 00:06:02,200
Speaker 4: when you're looking at all of that? Right, So right now,

106
00:06:02,400 --> 00:06:05,719
Speaker 4: year over year, November of twenty twenty one, compared to

107
00:06:05,800 --> 00:06:10,480
Speaker 4: November of this year, home prices have still appreciated seven

108
00:06:10,520 --> 00:06:13,560
Speaker 4: and a half percent annually. Now, you're not going to

109
00:06:13,600 --> 00:06:18,640
Speaker 4: see crazy twenty plus percent nationwide in almost every state

110
00:06:18,839 --> 00:06:21,400
Speaker 4: like you did in twenty twenty one. Twenty twenty and

111
00:06:21,400 --> 00:06:25,800
Speaker 4: twenty twenty one was just unicorn years. That's not normal, right.

112
00:06:26,120 --> 00:06:28,960
Speaker 4: Miami right now is not normal. Miami is up twenty

113
00:06:29,000 --> 00:06:32,920
Speaker 4: percent year over year. Still these that's not normal, right.

114
00:06:33,680 --> 00:06:37,680
Speaker 4: But if you look at appreciation over the past sixty

115
00:06:37,760 --> 00:06:41,440
Speaker 4: years in America, homes on average have appreciated four and

116
00:06:41,440 --> 00:06:44,560
Speaker 4: a half percent annually, and we're getting back down to

117
00:06:44,720 --> 00:06:48,960
Speaker 4: that normal rate of return on real estate, which is needed. Right.

118
00:06:49,600 --> 00:06:54,480
Speaker 4: Affordability is going to be questioned still because of inflation.

119
00:06:54,640 --> 00:06:59,840
Speaker 4: Although inflation dropped a couple percentage points, not a couple

120
00:07:00,000 --> 00:07:01,880
Speaker 4: center points, but dropped a little from like eight point

121
00:07:01,960 --> 00:07:05,680
Speaker 4: two to seven point seven on the last CPR report.

122
00:07:06,080 --> 00:07:10,000
Speaker 4: If that continues to go down, that's great news for

123
00:07:10,200 --> 00:07:13,080
Speaker 4: interest rates because interest rates tend to follow like the

124
00:07:13,120 --> 00:07:17,760
Speaker 4: inflation numbers and also the Fed funds. If the Feds

125
00:07:18,400 --> 00:07:21,840
Speaker 4: kind of slowed down on their raises, then you'll see

126
00:07:21,960 --> 00:07:25,360
Speaker 4: interest rates start trickling back down. Now. When that CPI

127
00:07:25,480 --> 00:07:28,560
Speaker 4: data was released about two weeks ago, I believe it was,

128
00:07:28,920 --> 00:07:32,440
Speaker 4: interest rates dropped from about seven in a quarter to

129
00:07:32,760 --> 00:07:36,080
Speaker 4: six and a half percent. Right now, next month when

130
00:07:36,080 --> 00:07:39,160
Speaker 4: this report comes out again, if if we start still

131
00:07:39,200 --> 00:07:43,320
Speaker 4: seeing those inflation numbers go down, you're gonna start seeing

132
00:07:43,360 --> 00:07:46,840
Speaker 4: mortgage rates kind of slowly but surely follow it. So

133
00:07:47,240 --> 00:07:50,160
Speaker 4: it's really on this inflation report that's really going to

134
00:07:50,240 --> 00:07:53,640
Speaker 4: determine where interest rates are going to go. I told

135
00:07:53,680 --> 00:07:55,960
Speaker 4: you in you know, a couple months ago that I

136
00:07:56,000 --> 00:07:59,800
Speaker 4: did foresee rates would be around seven percent by the

137
00:07:59,880 --> 00:08:01,640
Speaker 4: end of the year. The end of the year is

138
00:08:01,640 --> 00:08:05,640
Speaker 4: here where we a little bit under seven percent right now, right,

139
00:08:06,480 --> 00:08:10,560
Speaker 4: but still it's not a terrible rate. It's higher than

140
00:08:10,600 --> 00:08:13,800
Speaker 4: it was over the past two years, but historically it's

141
00:08:13,840 --> 00:08:16,040
Speaker 4: not a terrible rate. When I brought my first property

142
00:08:16,960 --> 00:08:20,000
Speaker 4: years ago, my rate was seven in a quarter, right,

143
00:08:20,080 --> 00:08:23,840
Speaker 4: So it's not a bad interest rate per se, it's

144
00:08:23,920 --> 00:08:26,640
Speaker 4: just higher. So where I see the market going, I

145
00:08:26,680 --> 00:08:30,640
Speaker 4: still continue to see it appreciate and just at normal levels,

146
00:08:31,080 --> 00:08:34,400
Speaker 4: I see that there's going to be less inventory or

147
00:08:34,480 --> 00:08:37,760
Speaker 4: new homes hitting the market because if these rates stay higher,

148
00:08:38,120 --> 00:08:41,160
Speaker 4: then why would home sellers want to sell their home?

149
00:08:41,520 --> 00:08:44,000
Speaker 4: Like I read something the other day and it said

150
00:08:44,040 --> 00:08:48,559
Speaker 4: that eighty five percent of mortgages in America have an

151
00:08:48,559 --> 00:08:52,240
Speaker 4: interest rate below four percent. Right now, there's over thirty

152
00:08:52,320 --> 00:08:57,200
Speaker 4: trillion and equity still in homes, although that's down right

153
00:08:57,320 --> 00:09:00,240
Speaker 4: a little bit, but it's still over thirty trillion. So

154
00:09:00,400 --> 00:09:03,240
Speaker 4: homeowners are sitting on a lot of leverage with low

155
00:09:03,360 --> 00:09:06,240
Speaker 4: interest rates and a lot of equity. So there's really

156
00:09:06,280 --> 00:09:09,040
Speaker 4: no reason for a seller if they do not have

157
00:09:09,240 --> 00:09:12,280
Speaker 4: to sell, why would they sell to put themselves in

158
00:09:12,280 --> 00:09:15,240
Speaker 4: a position to be at a higher rate at a

159
00:09:15,320 --> 00:09:18,199
Speaker 4: higher price. And if you go to rent, then you're

160
00:09:18,200 --> 00:09:22,400
Speaker 4: still paying higher rental prices because although rent prices have

161
00:09:22,559 --> 00:09:25,720
Speaker 4: dropped a little bit, it's still high. It's still over

162
00:09:25,800 --> 00:09:30,840
Speaker 4: two thousand dollars on average. So you're in a position

163
00:09:30,920 --> 00:09:34,600
Speaker 4: right now. I think home buyers and investors, what home

164
00:09:34,640 --> 00:09:36,840
Speaker 4: buyers I speak to, are in the position is you

165
00:09:36,880 --> 00:09:38,960
Speaker 4: damned if you do, you damned if you don't. Right,

166
00:09:39,040 --> 00:09:40,880
Speaker 4: it's either you going to rent or you're going to buy.

167
00:09:41,600 --> 00:09:43,920
Speaker 4: Either all you're going to pay a higher price. And

168
00:09:43,920 --> 00:09:46,520
Speaker 4: that's why you need to focus on really more streams

169
00:09:46,520 --> 00:09:50,400
Speaker 4: of income and being able to create a better lifestyle

170
00:09:50,480 --> 00:09:53,800
Speaker 4: for yourself because you can't control these markets, you can't

171
00:09:53,800 --> 00:09:56,920
Speaker 4: control inflation, but you can control what you do on

172
00:09:56,920 --> 00:10:00,520
Speaker 4: your daily basis, and that's bringing in more money, because

173
00:10:00,880 --> 00:10:04,040
Speaker 4: that's the only way you really truly fight inflation is

174
00:10:04,280 --> 00:10:06,120
Speaker 4: bringing in more money and investing.

175
00:10:07,960 --> 00:10:10,079
Speaker 9: Yeah, So from an investor standpoint, in one of the

176
00:10:10,160 --> 00:10:13,160
Speaker 9: articles that I was reading earlier today, they said that

177
00:10:13,200 --> 00:10:16,520
Speaker 9: the home purchases new home purchases from investors are down

178
00:10:17,000 --> 00:10:19,560
Speaker 9: by thirty percent as the rates rise. As we start

179
00:10:19,600 --> 00:10:22,280
Speaker 9: to see, like you said, rates hit maybe seven a quarter,

180
00:10:22,520 --> 00:10:26,000
Speaker 9: they've climbed down I think maybe six and three quarters.

181
00:10:26,000 --> 00:10:29,439
Speaker 9: Now do you see that trend continuing as far as

182
00:10:29,720 --> 00:10:31,640
Speaker 9: from an investment standpoint when we talk about real.

183
00:10:31,559 --> 00:10:34,800
Speaker 4: Estate, absolutely, I think you're gonna have some investors that

184
00:10:34,880 --> 00:10:36,920
Speaker 4: sit on the sideline. But that's gonna be an investors

185
00:10:36,920 --> 00:10:39,880
Speaker 4: who probably shouldn't have been in the business regardless. Right,

186
00:10:40,080 --> 00:10:42,760
Speaker 4: you gotta look at it. Right, when money is cheap,

187
00:10:42,840 --> 00:10:46,240
Speaker 4: everybody can do something because the money is so cheap,

188
00:10:46,480 --> 00:10:48,280
Speaker 4: and there was a lot of money in the streets too.

189
00:10:48,320 --> 00:10:52,160
Speaker 4: When you think about PPP loans, where you think about

190
00:10:52,200 --> 00:10:55,160
Speaker 4: people didn't have to pay rent. When you think about

191
00:10:55,200 --> 00:10:57,920
Speaker 4: all this stuff that put money out there, people didn't

192
00:10:57,920 --> 00:10:59,400
Speaker 4: even have to go to work for crime out loud

193
00:10:59,400 --> 00:11:01,680
Speaker 4: and it still was getting paid. So there was a

194
00:11:01,679 --> 00:11:04,120
Speaker 4: lot of money that was in the streets that enabled

195
00:11:04,160 --> 00:11:07,400
Speaker 4: people to go out there to invest at a high level.

196
00:11:08,000 --> 00:11:10,400
Speaker 4: Now you have it where rates are higher, especially if

197
00:11:10,400 --> 00:11:14,280
Speaker 4: you're buying investment properties those rates. If the homeowner rate

198
00:11:14,760 --> 00:11:17,640
Speaker 4: for primary residence is in a six seven percent, then

199
00:11:17,679 --> 00:11:21,400
Speaker 4: you're talking about eight to eleven percent if you're looking

200
00:11:21,400 --> 00:11:24,640
Speaker 4: to buy a rental property. So that's going to hurt

201
00:11:25,280 --> 00:11:29,040
Speaker 4: cash flowing numbers dependent on where you're looking to buy.

202
00:11:29,600 --> 00:11:32,120
Speaker 4: So yeah, you're going to see a lot of investors

203
00:11:32,200 --> 00:11:34,320
Speaker 4: kind of sit on the sidelines right now. But let's

204
00:11:34,360 --> 00:11:36,480
Speaker 4: really look at what a lot of the big boys

205
00:11:36,520 --> 00:11:39,040
Speaker 4: are still doing. Look at JP Morgan Chase, for example,

206
00:11:39,360 --> 00:11:41,679
Speaker 4: they just committed that they're going to buy billion dollars

207
00:11:41,720 --> 00:11:45,520
Speaker 4: worth of single family rentals. Like investors are going to

208
00:11:45,600 --> 00:11:48,240
Speaker 4: invest regardless of whatever the market is. It's just depending

209
00:11:48,280 --> 00:11:50,520
Speaker 4: on what game are you're playing. So there's going to

210
00:11:50,520 --> 00:11:52,600
Speaker 4: be a lot of people that will sit on the sidelines.

211
00:11:52,640 --> 00:11:54,480
Speaker 4: But I don't want any of our people to be

212
00:11:55,040 --> 00:11:58,559
Speaker 4: deterred by the fact that you read these articles and

213
00:11:58,600 --> 00:12:01,719
Speaker 4: stuff like that. No go out there invests, because when

214
00:12:01,720 --> 00:12:04,679
Speaker 4: you see people like JP Morgan Chase, these big institutional

215
00:12:04,679 --> 00:12:09,400
Speaker 4: investors still out here getting deals done, there's no reason

216
00:12:09,440 --> 00:12:11,360
Speaker 4: why we shouldn't be out here trying to look for

217
00:12:11,400 --> 00:12:13,760
Speaker 4: our deals too. But we just got to analyze them

218
00:12:13,760 --> 00:12:16,480
Speaker 4: properly to make sure the cash on cash returns are there.

219
00:12:16,640 --> 00:12:20,120
Speaker 4: And also, Troy, before you go on overshot, you have

220
00:12:20,200 --> 00:12:23,040
Speaker 4: to look at this rate. It's temporary. So if you

221
00:12:23,080 --> 00:12:25,160
Speaker 4: get a property that's cash flow, let's just say you're

222
00:12:25,200 --> 00:12:28,560
Speaker 4: making a nine percent cash on cash return at a

223
00:12:28,600 --> 00:12:31,120
Speaker 4: ten percent interest rate, you have to look at your

224
00:12:31,160 --> 00:12:33,360
Speaker 4: pro former and see what is this going to look

225
00:12:33,400 --> 00:12:35,880
Speaker 4: like If I'm able to refinance in two years and

226
00:12:35,880 --> 00:12:40,040
Speaker 4: those rates drop down to six percent five percent, what

227
00:12:40,080 --> 00:12:43,000
Speaker 4: does my cash on cash return look like at that moment.

228
00:12:43,440 --> 00:12:46,560
Speaker 4: So it's all on how It's all on your perspective

229
00:12:46,920 --> 00:12:49,640
Speaker 4: and how you're really truly analyzing your deals to determine

230
00:12:49,720 --> 00:12:50,920
Speaker 4: if a deal is going to be a good one

231
00:12:51,000 --> 00:12:51,559
Speaker 4: or bad one.

232
00:12:51,920 --> 00:12:53,640
Speaker 9: Yeah, I think that's one of those things that people

233
00:12:54,080 --> 00:12:55,800
Speaker 9: we don't look at right like, let's look at the

234
00:12:55,840 --> 00:12:58,080
Speaker 9: long term perspective, especially if you're in a thirty year loan.

235
00:12:58,440 --> 00:13:00,640
Speaker 5: If you get this interest rate now at ten percent.

236
00:13:00,679 --> 00:13:03,320
Speaker 9: Or eight percent in five years, if that goes down

237
00:13:03,360 --> 00:13:05,280
Speaker 9: to five, like, you're actually gonna be saving on that

238
00:13:05,360 --> 00:13:08,320
Speaker 9: refive that that has that long same thing when we

239
00:13:08,360 --> 00:13:11,439
Speaker 9: talk about invested in the market, it's like, look, we're

240
00:13:11,480 --> 00:13:13,560
Speaker 9: not thinking about two years, three years. You have a

241
00:13:13,559 --> 00:13:16,439
Speaker 9: thirty year mortgage, Like, think about the long term payout

242
00:13:16,440 --> 00:13:18,400
Speaker 9: on this thing one hundred percent.

243
00:13:19,920 --> 00:13:23,520
Speaker 8: So let me ask you this, Okay, what advice do

244
00:13:23,559 --> 00:13:27,079
Speaker 8: you have for first time home buyers in this economic

245
00:13:27,160 --> 00:13:28,600
Speaker 8: and clock environment?

246
00:13:29,080 --> 00:13:31,760
Speaker 3: Programs tips?

247
00:13:32,320 --> 00:13:34,400
Speaker 4: So my best advice is the same thing I've probably

248
00:13:34,440 --> 00:13:36,800
Speaker 4: been saying from day one. Don't buy nothing you can't

249
00:13:36,840 --> 00:13:39,400
Speaker 4: really afford. Don't be house rich and cash poor. The

250
00:13:39,440 --> 00:13:43,120
Speaker 4: same rules apply, right, the math is still going to math.

251
00:13:43,440 --> 00:13:45,640
Speaker 4: If you can't afford something, don't buy it. If you're

252
00:13:45,679 --> 00:13:48,000
Speaker 4: going to buy something, make sure you have reserves because

253
00:13:48,280 --> 00:13:51,040
Speaker 4: you never know what can happen in life. So my

254
00:13:51,120 --> 00:13:54,320
Speaker 4: tip is always going to be say, don't try to

255
00:13:54,320 --> 00:13:56,880
Speaker 4: go into these situations and buying real estate, especially if

256
00:13:56,920 --> 00:14:01,040
Speaker 4: your first time home buyer and not have any money,

257
00:14:01,400 --> 00:14:05,480
Speaker 4: because nothing is promised. Your job is not promised, right.

258
00:14:06,240 --> 00:14:09,760
Speaker 4: But as far as tips, it's very simple. If you

259
00:14:09,840 --> 00:14:13,120
Speaker 4: buying rental properties, do your best to put yourself in

260
00:14:13,160 --> 00:14:16,280
Speaker 4: a position where you can have your apartments on programs.

261
00:14:16,320 --> 00:14:19,680
Speaker 4: You know Section eight. You have domestic violence programs. You

262
00:14:19,720 --> 00:14:22,160
Speaker 4: have all types of different programs that are out there

263
00:14:22,360 --> 00:14:26,440
Speaker 4: where the government will pay the rent for the tenant,

264
00:14:26,680 --> 00:14:28,880
Speaker 4: where that's going to be guaranteed money. No matter if

265
00:14:28,880 --> 00:14:31,360
Speaker 4: it's a recession, it's a bull market, a bear market,

266
00:14:31,400 --> 00:14:34,080
Speaker 4: the government is always going to pay for these programs.

267
00:14:34,120 --> 00:14:36,560
Speaker 4: So you have to look at that. You have to

268
00:14:36,600 --> 00:14:40,600
Speaker 4: be creative right now. You know, with house hacking, I

269
00:14:40,640 --> 00:14:42,920
Speaker 4: think at first time home buyer, if your goal is

270
00:14:42,960 --> 00:14:44,960
Speaker 4: to become an investor, and if your goal is to

271
00:14:45,000 --> 00:14:48,760
Speaker 4: be a landlord, you definitely have to look at house hacking.

272
00:14:49,240 --> 00:14:51,480
Speaker 4: Right even if you have to buy a single family

273
00:14:51,640 --> 00:14:54,080
Speaker 4: or do a single family home, there's ways to house

274
00:14:54,120 --> 00:14:57,760
Speaker 4: hack that tool. Buy property that you can possibly add

275
00:14:57,800 --> 00:15:00,840
Speaker 4: an ADU or sins reyduelling unit, or turn your basement

276
00:15:01,200 --> 00:15:04,280
Speaker 4: into a content space. I mean, look at look, we

277
00:15:04,320 --> 00:15:07,600
Speaker 4: have a content space right here. Your headquarters is a

278
00:15:07,640 --> 00:15:10,800
Speaker 4: content space, right So there's a many different ways that

279
00:15:10,840 --> 00:15:12,920
Speaker 4: you could go out here to bring in money to

280
00:15:13,000 --> 00:15:16,520
Speaker 4: help supplement your mortgage payment if you are a first

281
00:15:16,600 --> 00:15:18,720
Speaker 4: time home buyer, So you just got to be creative

282
00:15:18,760 --> 00:15:22,440
Speaker 4: right now, especially in these high inflationary times. You can't

283
00:15:22,480 --> 00:15:25,080
Speaker 4: just depend on one source of income. And especially if

284
00:15:25,080 --> 00:15:28,040
Speaker 4: your first time HomeBuyer, you got to remember that mortgage

285
00:15:28,040 --> 00:15:29,680
Speaker 4: payment is due every month, so you have to be

286
00:15:29,760 --> 00:15:32,080
Speaker 4: creative on ways to get that mortgage paid by any

287
00:15:32,120 --> 00:15:32,880
Speaker 4: means necessary.

288
00:15:33,840 --> 00:15:35,840
Speaker 9: One of the most profound things you said to us

289
00:15:36,320 --> 00:15:39,400
Speaker 9: over three years ago is that equity is monopoly money,

290
00:15:39,560 --> 00:15:42,320
Speaker 9: and people kind of didn't really understand it. Can you

291
00:15:42,320 --> 00:15:44,840
Speaker 9: break it down for the new audience that that's here

292
00:15:44,880 --> 00:15:45,840
Speaker 9: with us tonight.

293
00:15:45,680 --> 00:15:46,760
Speaker 5: About what you mean by that.

294
00:15:47,640 --> 00:15:51,680
Speaker 4: So, equity is monopoly money, right, it's unrealized gains. It's

295
00:15:51,800 --> 00:15:55,080
Speaker 4: just like when you're looking at your your trading accounts.

296
00:15:55,120 --> 00:15:59,400
Speaker 4: You may be up, but it's unrealized. It's not really

297
00:15:59,440 --> 00:16:03,000
Speaker 4: real money until you take it out, until you sell

298
00:16:03,040 --> 00:16:06,000
Speaker 4: your trade, and then it's real money for you. Right.

299
00:16:06,040 --> 00:16:08,600
Speaker 4: It's the same thing like equity. So if your home

300
00:16:08,640 --> 00:16:12,880
Speaker 4: appreciated two hundred thousand, three hundred thousand, that doesn't mean

301
00:16:13,040 --> 00:16:16,680
Speaker 4: that that money belongs to you. It's there. It gives

302
00:16:16,720 --> 00:16:19,280
Speaker 4: you value. It's a part of your network now. But

303
00:16:19,360 --> 00:16:21,360
Speaker 4: it's not like you can stick your debit card in

304
00:16:21,440 --> 00:16:23,720
Speaker 4: the freaking doorbell and say give me some of my

305
00:16:23,760 --> 00:16:27,360
Speaker 4: equity today, please, Right. You still have to apply for

306
00:16:27,440 --> 00:16:31,360
Speaker 4: a loan and get approved for it. Right. So unless

307
00:16:31,400 --> 00:16:35,720
Speaker 4: you tap into that equity via a cash out refinance

308
00:16:35,960 --> 00:16:39,640
Speaker 4: or home equity line of credit, then that money is

309
00:16:39,760 --> 00:16:43,320
Speaker 4: dead money. So and if the market does crash, let's

310
00:16:43,360 --> 00:16:46,120
Speaker 4: just say, God forbid, the market does crash and you

311
00:16:46,240 --> 00:16:48,960
Speaker 4: lose thirty forty percent of that equity. You know that

312
00:16:49,080 --> 00:16:52,480
Speaker 4: two point fifty now went to probably one fifty. So

313
00:16:52,760 --> 00:16:55,520
Speaker 4: what I try to tell people choice is, especially if

314
00:16:55,560 --> 00:16:58,320
Speaker 4: you have money in your prime and residence. First of all,

315
00:16:58,880 --> 00:17:02,160
Speaker 4: my disclaimer as always is make sure you have a

316
00:17:02,160 --> 00:17:04,960
Speaker 4: plan of action. Remember this is the church's money. So

317
00:17:05,040 --> 00:17:07,720
Speaker 4: if you're taking money from a cash out refinance or

318
00:17:07,720 --> 00:17:10,040
Speaker 4: a home a caro line of credit from your primar residence,

319
00:17:10,280 --> 00:17:14,120
Speaker 4: remember you have an extra bill now it's another mortgage,

320
00:17:14,680 --> 00:17:16,600
Speaker 4: so you have to have a plan of action to

321
00:17:16,680 --> 00:17:19,359
Speaker 4: repay that. So don't take it and go to Dubai

322
00:17:19,400 --> 00:17:21,200
Speaker 4: and try to go out to the top tallest building

323
00:17:21,240 --> 00:17:24,560
Speaker 4: like Rashad was taking videos and having closing deals, right,

324
00:17:24,800 --> 00:17:27,919
Speaker 4: because that money is not making you money being a Dubai.

325
00:17:28,359 --> 00:17:32,399
Speaker 4: Use that money to invest, use that money to start

326
00:17:32,440 --> 00:17:36,119
Speaker 4: your business something that could bring you an ro R immediately,

327
00:17:36,240 --> 00:17:40,199
Speaker 4: so that way you can pay it back. So unless

328
00:17:40,200 --> 00:17:43,159
Speaker 4: you use that money, it's just monopoly money. It sounds

329
00:17:43,160 --> 00:17:45,120
Speaker 4: good to have. Hey, I got a two hundred equity,

330
00:17:45,160 --> 00:17:46,600
Speaker 4: but it's not in your bank accounting.

331
00:17:48,560 --> 00:17:50,240
Speaker 3: Yeah, Bergier Khalifa.

332
00:17:50,400 --> 00:17:52,320
Speaker 4: Yeah, it looked amazing.

333
00:17:53,000 --> 00:17:58,240
Speaker 5: Yeah, a good place to visit. Then four flaws up

334
00:17:58,359 --> 00:17:59,119
Speaker 5: for the world early.

335
00:17:59,480 --> 00:18:02,840
Speaker 4: Yeah, at the very top of the world. High level conversations. Yeah,

336
00:18:02,880 --> 00:18:04,480
Speaker 4: get out the nineteen keys.

337
00:18:05,240 --> 00:18:10,840
Speaker 8: Shout out to shout out to nineteen keys. So let's

338
00:18:10,880 --> 00:18:17,919
Speaker 8: talk about Okay, let's talk about this refinancing. Is this

339
00:18:18,400 --> 00:18:21,600
Speaker 8: a time that people should be refinancing?

340
00:18:25,000 --> 00:18:26,920
Speaker 4: Yes and no.

341
00:18:26,920 --> 00:18:27,080
Speaker 7: No.

342
00:18:27,119 --> 00:18:29,520
Speaker 4: I would say no and yes. If you have an

343
00:18:29,520 --> 00:18:34,880
Speaker 4: interest rate in the past two years, you know, twos, threes,

344
00:18:35,320 --> 00:18:40,119
Speaker 4: fours probably hell no. Right, If you have equity in

345
00:18:40,160 --> 00:18:42,800
Speaker 4: your home and you want to tap into that, I

346
00:18:42,840 --> 00:18:47,440
Speaker 4: would say get a line of credit versus refinancing. If

347
00:18:47,440 --> 00:18:50,720
Speaker 4: you have an investment property, and this is for the investors.

348
00:18:50,920 --> 00:18:52,680
Speaker 4: If you're in a hard money deal and you're trying

349
00:18:52,680 --> 00:18:55,560
Speaker 4: to borrow, you have no choice but the refinance. If

350
00:18:55,600 --> 00:18:58,080
Speaker 4: you're an investor and you have a bunch of equery

351
00:18:58,080 --> 00:19:00,000
Speaker 4: in your home and you're trying to scale your portfoone,

352
00:19:01,119 --> 00:19:04,040
Speaker 4: it might be it might make sense to refinance because

353
00:19:04,560 --> 00:19:07,280
Speaker 4: and pull that cash out because you're not paying the bill,

354
00:19:07,400 --> 00:19:10,000
Speaker 4: your tenants are and as long as you're still cash flowing,

355
00:19:10,400 --> 00:19:12,639
Speaker 4: then it could make sense to you. And let me

356
00:19:12,640 --> 00:19:15,400
Speaker 4: flip back to the homeowners, the homeowners out there who

357
00:19:15,480 --> 00:19:17,760
Speaker 4: might want to refinance. If you have a lot of

358
00:19:17,840 --> 00:19:22,879
Speaker 4: high interest credit cards, you know, maybe student loans, and

359
00:19:23,000 --> 00:19:26,439
Speaker 4: you know you're suffocating yourself, don't hold on to that

360
00:19:26,520 --> 00:19:30,439
Speaker 4: two three percent rate knowing that you have one hundred

361
00:19:30,480 --> 00:19:33,280
Speaker 4: thousand dollars in credit card debt, and if you got

362
00:19:33,320 --> 00:19:34,960
Speaker 4: to look at the numbers to see if you do

363
00:19:35,040 --> 00:19:39,280
Speaker 4: a debt consolidation loan, doesn't make sense for you to

364
00:19:39,920 --> 00:19:43,000
Speaker 4: refinance to pay off all that debt and have a

365
00:19:43,080 --> 00:19:46,480
Speaker 4: cheaper payment overall. That would probably be the only way

366
00:19:46,520 --> 00:19:50,880
Speaker 4: I would probably advise a primary residence or a homeowner

367
00:19:50,920 --> 00:19:53,720
Speaker 4: to refinance, only if they didn't have means to pay

368
00:19:53,720 --> 00:19:57,879
Speaker 4: off all that high debt. But other than that homeowners

369
00:19:57,960 --> 00:20:00,159
Speaker 4: right now, I probably wouldn't refinance. I would do more

370
00:20:00,200 --> 00:20:02,560
Speaker 4: of a homemaking line of credit and investors. Depending on

371
00:20:02,600 --> 00:20:04,840
Speaker 4: your deal and what you got going on, it could

372
00:20:04,880 --> 00:20:07,320
Speaker 4: be advantageous for you to look into doing the refinance.

373
00:20:07,880 --> 00:20:10,080
Speaker 5: Yeah, I want to tie the whole night into it. Right.

374
00:20:10,280 --> 00:20:14,399
Speaker 9: We started with building a brand within and obviously we're

375
00:20:14,480 --> 00:20:17,359
Speaker 9: ending out with real estate. But you've built a brand

376
00:20:17,520 --> 00:20:20,280
Speaker 9: in real estate, which is pretty difficult. Right when you

377
00:20:20,320 --> 00:20:23,359
Speaker 9: walk around the country, we see it. People attracted to

378
00:20:23,400 --> 00:20:27,960
Speaker 9: what you're doing. You've inspired them, You've changed their lives.

379
00:20:28,000 --> 00:20:30,000
Speaker 9: Not an easy task, and every time I look at you,

380
00:20:30,040 --> 00:20:32,159
Speaker 9: I feel like you're doing something new to try to

381
00:20:32,200 --> 00:20:33,040
Speaker 9: expand the brand.

382
00:20:33,040 --> 00:20:36,359
Speaker 5: Obviously, now you're sitting in the content stuity that you've built.

383
00:20:37,080 --> 00:20:40,040
Speaker 9: Talk about that in the real estate field, building a

384
00:20:40,119 --> 00:20:42,199
Speaker 9: brand because we see people do it. Obviously, shout out

385
00:20:42,240 --> 00:20:44,560
Speaker 9: to your partner and Ransom James Kiana, who's done an

386
00:20:44,600 --> 00:20:46,520
Speaker 9: amazing job is with it as well. Can you talk

387
00:20:46,560 --> 00:20:48,560
Speaker 9: about the strategies that you use to build your brand?

388
00:20:49,680 --> 00:20:52,159
Speaker 4: Ah Man, that's a great question, Troy. I'm glad you

389
00:20:52,200 --> 00:20:57,080
Speaker 4: asked that one. The Riza Man, the Riza twenty eighteen.

390
00:20:57,280 --> 00:20:59,280
Speaker 4: I say, your Reza man how to how you got

391
00:20:59,280 --> 00:21:01,760
Speaker 4: the shave room for financial literacy and your comments and

392
00:21:01,840 --> 00:21:04,960
Speaker 4: you got four thousand comments and you got nine thousand followers.

393
00:21:05,400 --> 00:21:07,640
Speaker 4: And he said, bro, you got to deepen your relationship

394
00:21:07,640 --> 00:21:10,439
Speaker 4: with your audience. All the stuff that you talk about

395
00:21:11,080 --> 00:21:12,919
Speaker 4: to your clients, you got to start bringing it to

396
00:21:13,480 --> 00:21:15,919
Speaker 4: your social media. And I was like, what are you

397
00:21:15,920 --> 00:21:17,480
Speaker 4: talking about? He said, well, are you talking to me?

398
00:21:17,520 --> 00:21:20,280
Speaker 4: I'm a financial advisor. Why don't you start talking about

399
00:21:20,480 --> 00:21:23,280
Speaker 4: financial planning because it goes hand in hand with home ownership.

400
00:21:23,840 --> 00:21:26,760
Speaker 4: And that was the first time that I really understood

401
00:21:26,800 --> 00:21:33,000
Speaker 4: social media thanks to your bestie Rashad, and from that,

402
00:21:35,560 --> 00:21:37,879
Speaker 4: from that moment, now I'm keeping in the buck. You

403
00:21:38,000 --> 00:21:40,840
Speaker 4: taught how the brand built, right, So it was the

404
00:21:40,880 --> 00:21:43,800
Speaker 4: power collaboration. It's something I've been doing in my entire career.

405
00:21:43,880 --> 00:21:48,560
Speaker 4: So anybody who's a transaction professional. Our businesses were not built.

406
00:21:48,560 --> 00:21:51,520
Speaker 4: We were not taught social media when we came into

407
00:21:51,640 --> 00:21:54,080
Speaker 4: this game, right, especially me. I've been doing this for

408
00:21:54,080 --> 00:21:56,000
Speaker 4: almost twenty years. And the new folks who are coming

409
00:21:56,040 --> 00:21:58,840
Speaker 4: and they're not being taught social media. We're taught how

410
00:21:58,920 --> 00:22:02,119
Speaker 4: to develop relationship especially from a loan offers a perspective

411
00:22:02,480 --> 00:22:07,840
Speaker 4: with realtors, financial planners CPAs insurance agents, and we build

412
00:22:07,880 --> 00:22:10,920
Speaker 4: our book of business and we work our book of business. Right.

413
00:22:11,080 --> 00:22:15,120
Speaker 4: My business model wasn't built for social media, but when

414
00:22:15,160 --> 00:22:18,760
Speaker 4: I started bringing those conversations to my page and tying

415
00:22:18,800 --> 00:22:22,480
Speaker 4: that in to home ownership, it kind of opened up

416
00:22:22,520 --> 00:22:24,439
Speaker 4: the eyes. I was probably one of the first people

417
00:22:24,520 --> 00:22:28,199
Speaker 4: in the mortgage space that was doing this at a

418
00:22:28,240 --> 00:22:32,600
Speaker 4: small level at that time and which has continuously graduated

419
00:22:32,680 --> 00:22:36,000
Speaker 4: into something big. So power collaboration will be the first

420
00:22:36,000 --> 00:22:38,760
Speaker 4: step that I would tell anybody in my profession that

421
00:22:38,800 --> 00:22:42,399
Speaker 4: they got to do. Number two always add value to people.

422
00:22:42,720 --> 00:22:46,439
Speaker 4: The reason why I'm even probably a partner in eyl University,

423
00:22:46,480 --> 00:22:48,840
Speaker 4: in vestfents and amongst other things that we do together,

424
00:22:48,880 --> 00:22:51,400
Speaker 4: and why I'm probably here today is because I did

425
00:22:51,400 --> 00:22:55,320
Speaker 4: my best to add value to Rashard's business without even

426
00:22:55,760 --> 00:22:59,840
Speaker 4: asking him for anything. I did things without asking for nothing, right.

427
00:23:00,040 --> 00:23:02,960
Speaker 4: It was just I generally want to see my people win.

428
00:23:03,040 --> 00:23:05,760
Speaker 4: He was a financial planner when we met, and I

429
00:23:05,800 --> 00:23:08,840
Speaker 4: wanted to send him business because I wanted my people

430
00:23:08,880 --> 00:23:12,040
Speaker 4: to work with a black man, and he seemed super knowledgeable.

431
00:23:12,080 --> 00:23:15,440
Speaker 4: To me right, So add value to people and don't

432
00:23:15,440 --> 00:23:19,040
Speaker 4: have no expectations because if you add enough value to people,

433
00:23:19,119 --> 00:23:21,640
Speaker 4: it will come back to you tenfold. See the problem

434
00:23:21,680 --> 00:23:24,880
Speaker 4: in our business, especially from transaction professionals, we always got

435
00:23:24,880 --> 00:23:28,040
Speaker 4: a freaking handout. We always want something to return and

436
00:23:28,080 --> 00:23:31,159
Speaker 4: you don't need to do that. Just add value and

437
00:23:31,200 --> 00:23:33,320
Speaker 4: your blessings will come to you. So that would be

438
00:23:33,440 --> 00:23:37,679
Speaker 4: number two thing and number three consistency. You have to

439
00:23:37,720 --> 00:23:39,919
Speaker 4: be consistent if you're gonna hit.

440
00:23:39,840 --> 00:23:41,920
Speaker 5: Some ernest what's up?

441
00:23:42,000 --> 00:23:44,479
Speaker 9: You ever walk into a small business and everything just

442
00:23:44,640 --> 00:23:47,800
Speaker 9: works like the checkout is fast, or seats of digital

443
00:23:48,320 --> 00:23:51,320
Speaker 9: tipping is a breeze and you're out the door before

444
00:23:51,320 --> 00:23:55,480
Speaker 9: the line even builds. Odds are they're using Square. We

445
00:23:55,640 --> 00:23:58,159
Speaker 9: love supporting businesses that run on Square because it just

446
00:23:58,200 --> 00:24:01,440
Speaker 9: feels seamless. Whether it's a local coffee shop, a vendor

447
00:24:01,480 --> 00:24:03,640
Speaker 9: at a pop up market, or even one of.

448
00:24:03,600 --> 00:24:04,600
Speaker 4: Our merch partners.

449
00:24:04,840 --> 00:24:08,639
Speaker 9: Square makes it easy for them to take payments, manage inventory,

450
00:24:08,720 --> 00:24:12,640
Speaker 9: and run their business with confidence, all from one simple system.

451
00:24:13,119 --> 00:24:15,680
Speaker 9: If you're a business owner or even just thinking about

452
00:24:15,760 --> 00:24:18,879
Speaker 9: launching something soon, Square is hands down one of the

453
00:24:18,880 --> 00:24:22,320
Speaker 9: best tools out there to help you start, run, and grow.

454
00:24:22,600 --> 00:24:25,639
Speaker 9: It's not just about payments. It's about giving you time

455
00:24:25,720 --> 00:24:28,680
Speaker 9: back so you can focus on what matters most Ready

456
00:24:28,680 --> 00:24:32,080
Speaker 9: to see how Square can transform your business, visit Square

457
00:24:32,119 --> 00:24:36,639
Speaker 9: dot com backslash, go backslash eyl to learn more that

458
00:24:36,840 --> 00:24:42,320
Speaker 9: Square dot Com backslash, go backslash eyl. Don't wait, don't hesitate.

459
00:24:42,440 --> 00:24:44,800
Speaker 9: Let's Square handle the back end so you can keep

460
00:24:44,840 --> 00:24:50,919
Speaker 9: pushing your vision forward. This episode is brought to you

461
00:24:50,960 --> 00:24:53,240
Speaker 9: by P and C Bank. A lot of people think

462
00:24:53,280 --> 00:24:57,159
Speaker 9: podcasts about work are boring, and sure, they definitely can be,

463
00:24:57,680 --> 00:25:00,919
Speaker 9: But understanding of professionals routine shows us how they achieve

464
00:25:01,000 --> 00:25:05,199
Speaker 9: their success little by little, day after day. It's like

465
00:25:05,280 --> 00:25:08,080
Speaker 9: banking with P and C Bank. It might seem boring

466
00:25:08,080 --> 00:25:10,879
Speaker 9: to save, plan and make calculated decisions with your bank,

467
00:25:11,359 --> 00:25:13,840
Speaker 9: but keeping your money boring is what helps you live

468
00:25:13,920 --> 00:25:18,000
Speaker 9: a more happily fulfilled life. P and C Bank Brilliantly

469
00:25:18,080 --> 00:25:22,639
Speaker 9: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty

470
00:25:22,640 --> 00:25:25,920
Speaker 9: five is a service mark of the PNC Financial Service Group, Inc.

471
00:25:26,359 --> 00:25:29,800
Speaker 9: P and C Bank National Association Member FDIC.

472
00:25:31,560 --> 00:25:35,160
Speaker 1: An illegal alien from Guatemala charged with raping a child

473
00:25:35,240 --> 00:25:39,040
Speaker 1: in Massachusetts. An MS thirteen gang member from El Salvador

474
00:25:39,280 --> 00:25:43,399
Speaker 1: accused of murdering a Texas man of Venezuelan charged with

475
00:25:43,480 --> 00:25:47,399
Speaker 1: filming and selling child pornography in Michigan. These are just

476
00:25:47,480 --> 00:25:51,240
Speaker 1: some of the heinous migrant criminals caught because of President

477
00:25:51,280 --> 00:25:54,800
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States

478
00:25:54,880 --> 00:25:59,639
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border

479
00:25:59,640 --> 00:26:03,240
Speaker 1: cross are at the lowest levels ever recorded, and over

480
00:26:03,320 --> 00:26:06,560
Speaker 1: one hundred thousand illegal aliens have been arrested. If you

481
00:26:06,600 --> 00:26:10,440
Speaker 1: were here illegally, your next you will be fine nearly

482
00:26:10,560 --> 00:26:14,560
Speaker 1: one thousand dollars a day, imprisoned and deported, you will

483
00:26:14,600 --> 00:26:18,240
Speaker 1: never return. But if you register using our CBP home

484
00:26:18,280 --> 00:26:21,680
Speaker 1: app and leave now, you could be allowed to return legally.

485
00:26:22,040 --> 00:26:26,720
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,

486
00:26:26,960 --> 00:26:29,400
Speaker 1: border and families will be protected.

487
00:26:29,480 --> 00:26:31,560
Speaker 2: Sponsored by the United States Department of Homeland Security.

488
00:26:31,680 --> 00:26:35,200
Speaker 4: Social media now one thing that I even had to learn.

489
00:26:35,240 --> 00:26:37,520
Speaker 4: This is very difficult to do. This is not easy.

490
00:26:37,520 --> 00:26:40,520
Speaker 4: It's non forty at night. I've been filming all day,

491
00:26:40,560 --> 00:26:43,040
Speaker 4: I've been working on loans, I've been talking to people

492
00:26:43,119 --> 00:26:46,200
Speaker 4: all day long. But I still find the time every

493
00:26:46,240 --> 00:26:49,440
Speaker 4: single day to do content, to put out content, because

494
00:26:49,480 --> 00:26:53,360
Speaker 4: I understand if I do not let my voice be heard,

495
00:26:53,480 --> 00:26:56,320
Speaker 4: then the only thing that people would hear is the

496
00:26:56,400 --> 00:26:58,919
Speaker 4: news and what their filmongrn is. And I have a

497
00:26:59,000 --> 00:27:01,960
Speaker 4: voice and I'm going to use it to my advantage.

498
00:27:02,119 --> 00:27:04,719
Speaker 4: So I'm very consistent on what I do and I

499
00:27:04,760 --> 00:27:07,680
Speaker 4: invest into my business. Like Twoks is here where we

500
00:27:07,840 --> 00:27:10,280
Speaker 4: right now. He's a part of the team. We built

501
00:27:10,320 --> 00:27:13,200
Speaker 4: out a content studio. We invest tens of thousands of

502
00:27:13,240 --> 00:27:17,240
Speaker 4: dollars in equipment, We travel everywhere to get more content.

503
00:27:17,440 --> 00:27:17,640
Speaker 5: Right.

504
00:27:18,000 --> 00:27:21,480
Speaker 4: We're very consistent about what we're doing and we don't

505
00:27:21,520 --> 00:27:24,720
Speaker 4: take no days off. This is the way. This has

506
00:27:24,720 --> 00:27:28,720
Speaker 4: been the business model of EYL and I'm just following

507
00:27:28,800 --> 00:27:32,440
Speaker 4: suit with the plan of action is, yo, we got

508
00:27:32,440 --> 00:27:35,960
Speaker 4: to outwork everybody. No one can put out more content

509
00:27:36,000 --> 00:27:38,040
Speaker 4: than us, No one can give as much free game

510
00:27:38,080 --> 00:27:41,240
Speaker 4: as us. We have to be the authority. Rashad called

511
00:27:41,280 --> 00:27:43,680
Speaker 4: me the authority in real estate two years ago, and

512
00:27:43,720 --> 00:27:45,399
Speaker 4: I looked at it and I called him. I said, Yo,

513
00:27:45,440 --> 00:27:46,320
Speaker 4: why are you calling me that?

514
00:27:46,359 --> 00:27:46,560
Speaker 5: Bro?

515
00:27:47,720 --> 00:27:50,719
Speaker 4: Like I really didn't understand where he was going with this,

516
00:27:50,800 --> 00:27:54,000
Speaker 4: but he's like, no, you're the authority, bro, and I'm

517
00:27:54,040 --> 00:27:59,080
Speaker 4: like this, it's crazy right now, fast forward. I am

518
00:27:59,119 --> 00:28:02,120
Speaker 4: the authority and real estate period point blank. And it's

519
00:28:02,160 --> 00:28:05,439
Speaker 4: nothing you could tell me otherwise, because I believe it

520
00:28:05,560 --> 00:28:08,919
Speaker 4: now and because I'm consistent and no one's gonna outwork me.

521
00:28:09,200 --> 00:28:12,600
Speaker 4: So all my real estate professionals, you have to be hungry.

522
00:28:12,640 --> 00:28:15,119
Speaker 4: You gotta really want this, and you you gotta go

523
00:28:15,240 --> 00:28:20,160
Speaker 4: out here and just do massive in person and imperfect

524
00:28:20,240 --> 00:28:22,960
Speaker 4: actions every single day to achieve your goals.

525
00:28:23,680 --> 00:28:25,120
Speaker 5: Massive perfect actions.

526
00:28:25,280 --> 00:28:26,320
Speaker 4: Shout the max match one.

527
00:28:26,880 --> 00:28:29,119
Speaker 8: Let's get Let's get some questions if we can before

528
00:28:29,200 --> 00:28:30,360
Speaker 8: before we round people.

529
00:28:32,280 --> 00:28:34,440
Speaker 4: Drop some gems in the colon. People, let's go, man,

530
00:28:34,640 --> 00:28:37,560
Speaker 4: this is E y L power by Recession proof. Drop

531
00:28:37,640 --> 00:28:40,240
Speaker 4: some gems in the comments. Man, y'all came here to learn.

532
00:28:40,600 --> 00:28:44,040
Speaker 4: Let's go to rantom gyms. It came on six em.

533
00:28:44,080 --> 00:28:45,560
Speaker 4: He's to standing time today too.

534
00:28:45,920 --> 00:28:49,960
Speaker 5: That's the fact. Live shout Shout up the Welby Live.

535
00:28:50,000 --> 00:28:52,160
Speaker 4: We dropped mad gyms today too. Y'all better go watch

536
00:28:52,200 --> 00:28:54,000
Speaker 4: that now. I ain't gonna hold y'all up. Welby is

537
00:28:54,000 --> 00:28:56,920
Speaker 4: a savage y'all better go watch that episode after I

538
00:28:57,000 --> 00:29:00,400
Speaker 4: get up for this. Go watch the last post ransoms

539
00:29:00,520 --> 00:29:03,680
Speaker 4: six pm Eastern Santasoun. It was phenomenal. Shout out at

540
00:29:03,680 --> 00:29:05,600
Speaker 4: my best one nine seven. All right, well.

541
00:29:05,600 --> 00:29:07,600
Speaker 5: Listen, what's going on? You got MG on a lot

542
00:29:07,640 --> 00:29:08,280
Speaker 5: with us.

543
00:29:08,880 --> 00:29:10,200
Speaker 10: Hey, y'all, how are y'all?

544
00:29:10,600 --> 00:29:11,040
Speaker 4: What's up?

545
00:29:12,640 --> 00:29:17,160
Speaker 11: I am great. I actually met you so long ago

546
00:29:17,200 --> 00:29:21,320
Speaker 11: when you hosted an event with Denise the broker. I

547
00:29:21,360 --> 00:29:23,120
Speaker 11: was at the brokerage at the time and I met you.

548
00:29:23,440 --> 00:29:25,880
Speaker 4: Yes, that was a lot that was like, that was

549
00:29:25,920 --> 00:29:32,520
Speaker 4: like three years ago. Wow' ern Yeah they weren't. I

550
00:29:32,560 --> 00:29:32,960
Speaker 4: love it.

551
00:29:34,320 --> 00:29:34,920
Speaker 10: Oh man.

552
00:29:35,800 --> 00:29:40,400
Speaker 11: I actually have a quick question. So last year I

553
00:29:40,520 --> 00:29:45,280
Speaker 11: purchased my childhood home in Florida. We have roughly about

554
00:29:45,320 --> 00:29:49,400
Speaker 11: two hundred and fifty thousand dollars in equity, and I

555
00:29:49,480 --> 00:29:51,680
Speaker 11: want to pull it out because the game plan that

556
00:29:51,760 --> 00:29:56,840
Speaker 11: I have is to purchase an apartment complex. But I

557
00:29:57,000 --> 00:30:00,880
Speaker 11: don't know if I should pull out a heat or

558
00:30:01,000 --> 00:30:03,800
Speaker 11: a line of equity. So I'm not sure which direction

559
00:30:03,880 --> 00:30:06,680
Speaker 11: to go in with that, and so I kind of

560
00:30:06,720 --> 00:30:08,520
Speaker 11: want to hear what you may think.

561
00:30:10,080 --> 00:30:14,720
Speaker 4: So it's a home equity line of credit, and then

562
00:30:14,760 --> 00:30:18,360
Speaker 4: you have a he loan, which is an equity loan. Right,

563
00:30:18,840 --> 00:30:20,920
Speaker 4: So there's two options you can do. Both of them

564
00:30:21,000 --> 00:30:24,840
Speaker 4: are considered like second mortgages right a home equity line

565
00:30:24,880 --> 00:30:27,520
Speaker 4: of credit. It kind of acts like a credit card

566
00:30:27,640 --> 00:30:30,920
Speaker 4: where you have a ten year draw period where you

567
00:30:30,960 --> 00:30:33,520
Speaker 4: can use the money paid off, use the money paid off,

568
00:30:33,600 --> 00:30:35,920
Speaker 4: use the money paid off right, and then after ten

569
00:30:36,000 --> 00:30:38,080
Speaker 4: years it could turn into a twenty year fix. Some

570
00:30:38,120 --> 00:30:40,959
Speaker 4: banks may turn it into a ten year fix, just

571
00:30:41,000 --> 00:30:44,240
Speaker 4: depending on the bank in their terms. And so that's

572
00:30:44,440 --> 00:30:47,520
Speaker 4: heat a he lock, right, and you're only paying money

573
00:30:47,520 --> 00:30:49,240
Speaker 4: that you use. So if you borrow let's just say

574
00:30:49,240 --> 00:30:52,240
Speaker 4: one hundred k out of that two point fifty. If

575
00:30:52,280 --> 00:30:54,720
Speaker 4: you don't use the one hundred k, you don't make

576
00:30:54,760 --> 00:30:57,800
Speaker 4: a payment. If you use twenty five thousand, you make

577
00:30:57,840 --> 00:30:59,840
Speaker 4: a payment on that twenty five thousand and not. The

578
00:31:00,040 --> 00:31:04,080
Speaker 4: difference now a HE loan is they're basically giving you

579
00:31:04,120 --> 00:31:06,960
Speaker 4: that hundred thousand dollars the day of closing or three

580
00:31:07,040 --> 00:31:11,160
Speaker 4: days after closing via wire check, whatever, and you're making

581
00:31:11,240 --> 00:31:15,040
Speaker 4: a payment the next month, even if you didn't deploy

582
00:31:15,160 --> 00:31:20,320
Speaker 4: that capital into a project. And it's going to be

583
00:31:20,360 --> 00:31:23,360
Speaker 4: a fixed rate mortgage and it will be probably for

584
00:31:23,400 --> 00:31:26,040
Speaker 4: a twenty or thirty year term. But right now, those

585
00:31:26,120 --> 00:31:28,600
Speaker 4: rates are probably going to be nine to eleven percent,

586
00:31:28,760 --> 00:31:32,600
Speaker 4: just depending. But so for me personally, I necessarily don't

587
00:31:32,640 --> 00:31:36,200
Speaker 4: like the heat loans because again, if I get one

588
00:31:36,240 --> 00:31:38,560
Speaker 4: hundred k from it, I have to make payments right

589
00:31:38,600 --> 00:31:41,440
Speaker 4: away and I might still be shopping for dials and

590
00:31:41,480 --> 00:31:43,800
Speaker 4: I still got to make this monthly payment, Whereas with

591
00:31:43,880 --> 00:31:47,160
Speaker 4: a he lock, I have more flexibility with it. Now

592
00:31:47,320 --> 00:31:50,120
Speaker 4: once you have that one hundred k, even if you

593
00:31:50,160 --> 00:31:52,960
Speaker 4: spend it all, once you start paying down that principle,

594
00:31:53,160 --> 00:31:56,000
Speaker 4: it's not like you can access that funds again. With

595
00:31:56,080 --> 00:31:58,680
Speaker 4: a he loan, you're just paying it back. But with

596
00:31:58,760 --> 00:32:00,520
Speaker 4: the he lock, over that first tea years, you can

597
00:32:00,600 --> 00:32:02,480
Speaker 4: kind of move and shake the way you want. So

598
00:32:02,680 --> 00:32:07,520
Speaker 4: I would recommend he lock, but my disclaimer as always

599
00:32:07,760 --> 00:32:10,160
Speaker 4: have a plan to make sure you pay back that

600
00:32:10,280 --> 00:32:13,640
Speaker 4: debt because you don't want to mess up the church's money.

601
00:32:14,240 --> 00:32:16,560
Speaker 5: Thank you so much, Thank you, Colea.

602
00:32:17,080 --> 00:32:21,120
Speaker 4: So what's happy holidays?

603
00:32:21,360 --> 00:32:22,120
Speaker 5: Happy holidays?

604
00:32:22,400 --> 00:32:24,120
Speaker 3: What's the different between the he loan and a refile?

605
00:32:25,320 --> 00:32:31,160
Speaker 4: So a refinance is when you are using your refinancing

606
00:32:31,160 --> 00:32:35,040
Speaker 4: your first mortgage. Right, So, if your first mortgage has

607
00:32:35,040 --> 00:32:37,959
Speaker 4: a rate of three percent and you want to do

608
00:32:38,160 --> 00:32:43,120
Speaker 4: a cash out refinance. Then you're subject to whatever the

609
00:32:43,160 --> 00:32:48,160
Speaker 4: market rate is today for that cash out refinance, and

610
00:32:48,480 --> 00:32:50,880
Speaker 4: you'll have one mortgage. So let's just say you owe

611
00:32:50,960 --> 00:32:53,440
Speaker 4: three hundred thousand rashard and you want to take out

612
00:32:53,440 --> 00:32:56,560
Speaker 4: two hundred thousand on the cash out refinance. Now you're

613
00:32:56,600 --> 00:32:59,080
Speaker 4: going to owe five hundred thousand, but it will be

614
00:32:59,120 --> 00:33:01,800
Speaker 4: at that much higher interest rate where today's market is.

615
00:33:02,280 --> 00:33:05,160
Speaker 4: So that's why for me, I would recommend if you

616
00:33:05,200 --> 00:33:07,920
Speaker 4: have that amount of equity and you can qualify, I

617
00:33:07,920 --> 00:33:10,520
Speaker 4: would prefer you to leave that first moon't get your loan,

618
00:33:11,080 --> 00:33:13,520
Speaker 4: so you can keep that three percent rate, and you

619
00:33:13,600 --> 00:33:17,000
Speaker 4: get the helock in second position or second lean on

620
00:33:17,080 --> 00:33:20,640
Speaker 4: the property, and you're able to have that flexibility with

621
00:33:20,720 --> 00:33:23,720
Speaker 4: that capital to use it as you can. Now. I

622
00:33:23,760 --> 00:33:27,040
Speaker 4: want to say this too with helocks. Those of you

623
00:33:27,120 --> 00:33:31,080
Speaker 4: who have helocks that are open right now, be very

624
00:33:31,120 --> 00:33:34,920
Speaker 4: mindful of this. That money is not yours unless you

625
00:33:35,040 --> 00:33:39,120
Speaker 4: deploy it. So if you have a two hundred thousand

626
00:33:39,160 --> 00:33:42,680
Speaker 4: dollars helock right now, and let's just say you only

627
00:33:42,800 --> 00:33:47,160
Speaker 4: use fifty thousand of that helock, so you have availability

628
00:33:47,160 --> 00:33:50,960
Speaker 4: of one hundred and fifty thousand left at any given moment,

629
00:33:51,800 --> 00:33:55,880
Speaker 4: the bank can close your line of credit with no warning.

630
00:33:56,680 --> 00:34:00,800
Speaker 4: So if the economic downturn continues to have happen, if

631
00:34:00,840 --> 00:34:05,680
Speaker 4: we slide into this recession, if inflation continues to rise,

632
00:34:05,720 --> 00:34:09,000
Speaker 4: if it goes back up, if home prices keep declining,

633
00:34:09,280 --> 00:34:13,600
Speaker 4: if home values slip and decline further, the banks at

634
00:34:13,640 --> 00:34:16,359
Speaker 4: any given time can say, you know what, there's too

635
00:34:16,480 --> 00:34:21,719
Speaker 4: much risk to have this much equity just out there.

636
00:34:22,040 --> 00:34:25,279
Speaker 4: Let us cut this off so that way people don't

637
00:34:25,280 --> 00:34:28,920
Speaker 4: go upside down and they risk their investment of being

638
00:34:28,960 --> 00:34:31,440
Speaker 4: paid back. So I need you guys, if you have

639
00:34:31,600 --> 00:34:35,800
Speaker 4: current home equi line of credits, be mindful that because

640
00:34:35,800 --> 00:34:38,560
Speaker 4: you'll wake up one morning thinking you got one hundred

641
00:34:38,560 --> 00:34:40,920
Speaker 4: and fifty k or whatever it is to play with,

642
00:34:41,440 --> 00:34:44,920
Speaker 4: and that thing will be gone. Be mindful even with

643
00:34:44,960 --> 00:34:47,960
Speaker 4: your credit cards, Even with your credit cards, they'll do

644
00:34:48,040 --> 00:34:50,560
Speaker 4: that on AMEX and a heartbeat that you think you

645
00:34:50,560 --> 00:34:54,040
Speaker 4: got one hundred thousand limit and you got fifty thousand now,

646
00:34:54,320 --> 00:34:55,319
Speaker 4: So just be mindful of that.

647
00:34:55,400 --> 00:34:55,680
Speaker 2: People.

648
00:34:59,040 --> 00:35:00,959
Speaker 5: Yeah, Dante walk, are we coming to you meet yourself?

649
00:35:00,960 --> 00:35:01,520
Speaker 5: You've been on muted?

650
00:35:01,560 --> 00:35:02,080
Speaker 4: What's going on?

651
00:35:07,200 --> 00:35:07,399
Speaker 5: Well?

652
00:35:07,800 --> 00:35:13,000
Speaker 4: Guidelines godelines, guidelines, guidelines.

653
00:35:14,760 --> 00:35:18,560
Speaker 5: Yeah, yeah, we're gonna go to Devin. Devin, we're coming

654
00:35:18,560 --> 00:35:21,479
Speaker 5: to you. Mute yourself. You've been on you. What's going on, Devin?

655
00:35:22,480 --> 00:35:23,640
Speaker 5: It's Thanksgiving these.

656
00:35:24,800 --> 00:35:31,200
Speaker 10: Yeah, thank you man, Thank you guys. The question was mean.

657
00:35:32,400 --> 00:35:35,239
Speaker 10: So my question was I have a two question. So

658
00:35:35,280 --> 00:35:37,760
Speaker 10: the first one is what are some of the best

659
00:35:37,760 --> 00:35:43,440
Speaker 10: bunks to to get elock from.

660
00:35:42,800 --> 00:35:44,680
Speaker 3: The best bank to get the heck from that?

661
00:35:45,400 --> 00:35:49,360
Speaker 4: I would say always try your local credit union and

662
00:35:49,520 --> 00:35:52,840
Speaker 4: always try to like the local regional banks first for

663
00:35:52,960 --> 00:35:56,560
Speaker 4: your home Aquilina credits, because your credit union and your

664
00:35:56,600 --> 00:36:01,359
Speaker 4: local regional bank wants the local business right and they

665
00:36:01,360 --> 00:36:04,120
Speaker 4: want that relationship. They want you to bring over accounts

666
00:36:04,200 --> 00:36:07,720
Speaker 4: and other accounts, so they will probably be the first

667
00:36:07,719 --> 00:36:09,759
Speaker 4: stops that I would go to if I was looking

668
00:36:09,760 --> 00:36:12,080
Speaker 4: for a home agre line of credit, would be a

669
00:36:12,080 --> 00:36:14,400
Speaker 4: local credit union or a local regional bank.

670
00:36:15,520 --> 00:36:23,120
Speaker 10: Okay, thank you. The second question is seller my owner finance.

671
00:36:23,239 --> 00:36:26,160
Speaker 10: I sell a piece of property, it's a lane ralan,

672
00:36:26,840 --> 00:36:30,439
Speaker 10: and they're doing an owner finance on net. I want

673
00:36:30,440 --> 00:36:33,759
Speaker 10: to top into that because I got my equipments. I

674
00:36:33,840 --> 00:36:36,759
Speaker 10: do trucking and I need somewhere to park. How do

675
00:36:36,840 --> 00:36:38,279
Speaker 10: I approach something like that?

676
00:36:40,719 --> 00:36:45,800
Speaker 4: The seller makes the terms of So the seller finance,

677
00:36:45,800 --> 00:36:47,480
Speaker 4: and just for those of you wall know, is basically

678
00:36:47,480 --> 00:36:50,200
Speaker 4: when the seller is agreeing to basically give you a

679
00:36:50,239 --> 00:36:54,880
Speaker 4: private mortgage and hold that note, and they would dictate

680
00:36:55,160 --> 00:36:57,800
Speaker 4: the terms. Now, obviously you're dealing directly with the sellers,

681
00:36:57,800 --> 00:37:00,759
Speaker 4: so you have room to negotiate with them. So they

682
00:37:00,840 --> 00:37:04,560
Speaker 4: might say, all right, i'll give you this alone. If

683
00:37:04,560 --> 00:37:08,680
Speaker 4: you're able to put twenty percent down and you will

684
00:37:08,719 --> 00:37:11,560
Speaker 4: be able, I'll give you a loan for ten years

685
00:37:12,040 --> 00:37:17,040
Speaker 4: at market rate of seven percent interest only, but after

686
00:37:17,120 --> 00:37:19,440
Speaker 4: ten years it's a balloon payment and you have to

687
00:37:19,440 --> 00:37:21,560
Speaker 4: pay me back something like that. Right, I'm just giving

688
00:37:21,600 --> 00:37:23,680
Speaker 4: you guys an example of what it would look like.

689
00:37:24,120 --> 00:37:28,160
Speaker 4: But you have the ability to negotiate with them if

690
00:37:28,200 --> 00:37:30,560
Speaker 4: they're trying, if they are flexible, and if they really

691
00:37:30,600 --> 00:37:34,920
Speaker 4: want to, you know, get rid of that property. So

692
00:37:35,000 --> 00:37:37,879
Speaker 4: I think seller financing is a great tool. But any

693
00:37:38,000 --> 00:37:40,560
Speaker 4: any way you can finance a real estate deal is

694
00:37:40,560 --> 00:37:43,279
Speaker 4: a great option. It's a great tool. So if you

695
00:37:43,400 --> 00:37:46,839
Speaker 4: have an opportunity like that, Devin, I would highly recommend

696
00:37:47,040 --> 00:37:49,879
Speaker 4: that you continue to explore that opportunity.

697
00:37:50,800 --> 00:37:53,040
Speaker 10: All right, thank you, thank you guys, Thank you very much.

698
00:37:53,600 --> 00:37:54,440
Speaker 4: No problem, brother.

699
00:37:54,960 --> 00:37:57,439
Speaker 5: Thanks DEVI MG, how you feel? Will we take one more?

700
00:37:58,600 --> 00:37:59,560
Speaker 4: Yeah? Yeah, keep going bro.

701
00:37:59,680 --> 00:38:03,759
Speaker 6: Also, God, I just do this. George Murray, were coming

702
00:38:03,800 --> 00:38:08,200
Speaker 6: to me? You unmute yourself. You've been unmuted?

703
00:38:08,480 --> 00:38:10,240
Speaker 7: Yes, thank you? Hello Howard, y'all.

704
00:38:10,040 --> 00:38:12,920
Speaker 4: Doing alive and blessed, alive and blessed.

705
00:38:13,640 --> 00:38:17,840
Speaker 7: Okay, So you entered the game with your real estate

706
00:38:17,880 --> 00:38:20,200
Speaker 7: license or you did all of this without your real

707
00:38:20,320 --> 00:38:22,759
Speaker 7: estate license because I heard you say that you were

708
00:38:22,840 --> 00:38:23,680
Speaker 7: working on loans.

709
00:38:24,400 --> 00:38:24,520
Speaker 10: NA.

710
00:38:24,600 --> 00:38:27,279
Speaker 4: I into the games as a mortgage guy. I into

711
00:38:27,320 --> 00:38:30,759
Speaker 4: this game as a loan officer, and I actually had

712
00:38:30,800 --> 00:38:33,920
Speaker 4: my real estate license too. It's still I still have it.

713
00:38:33,960 --> 00:38:36,840
Speaker 4: I just got to reactivate it. But I primarily focus

714
00:38:36,920 --> 00:38:41,000
Speaker 4: on mortgage originations. I help people get funding for deals.

715
00:38:41,040 --> 00:38:43,400
Speaker 4: For the past twenty years, over a billion dollars funded

716
00:38:43,440 --> 00:38:46,360
Speaker 4: in my career. I am MG the mortgage guy. George.

717
00:38:47,080 --> 00:38:50,560
Speaker 7: Okay, So, so so you reach out to Florida as well.

718
00:38:50,480 --> 00:38:53,640
Speaker 4: Or just yes, sir. I do all types of loans.

719
00:38:53,680 --> 00:38:56,880
Speaker 4: I work with first time home buyers investors know a

720
00:38:56,920 --> 00:38:59,319
Speaker 4: lot if your first time investors to savvy investors. I

721
00:38:59,320 --> 00:39:02,800
Speaker 4: work on commercial I can do rehab finance, and I

722
00:39:02,800 --> 00:39:06,360
Speaker 4: can do development financing whatever you want. I'm like Baskin

723
00:39:06,440 --> 00:39:07,080
Speaker 4: Robbins jehne.

724
00:39:08,000 --> 00:39:11,080
Speaker 7: Okay, So what else you need? So where do I

725
00:39:11,120 --> 00:39:14,160
Speaker 7: go to your page? Do I go to you to do?

726
00:39:14,360 --> 00:39:16,319
Speaker 4: If you want to work with me, apply with MG

727
00:39:16,480 --> 00:39:20,160
Speaker 4: dot com. That's it. Apply with MG dot com. If

728
00:39:20,200 --> 00:39:21,919
Speaker 4: you want to get pre approved, you want a second

729
00:39:21,960 --> 00:39:23,759
Speaker 4: opinion on the current deal, or if you want to

730
00:39:23,760 --> 00:39:26,279
Speaker 4: book a consultation with me on my team, apply with

731
00:39:26,440 --> 00:39:28,759
Speaker 4: MG dot com. Okay, got you.

732
00:39:29,239 --> 00:39:31,200
Speaker 7: I appreciate that. Thanks for the blessing.

733
00:39:31,920 --> 00:39:34,640
Speaker 4: Continue blessings, my brother, Yes, blessings.

734
00:39:34,840 --> 00:39:36,759
Speaker 5: It's a blessing to be a blessing. All right.

735
00:39:36,800 --> 00:39:40,080
Speaker 9: Dante Walker, you ready, man, you're coming back to you.

736
00:39:40,080 --> 00:39:42,319
Speaker 9: You just stuff you've been on. You appreciate you. George happy,

737
00:39:42,320 --> 00:39:43,440
Speaker 9: holladays you in the field.

738
00:39:43,680 --> 00:39:44,239
Speaker 7: You as well.

739
00:39:45,080 --> 00:39:51,680
Speaker 4: Yeah, yeah, I missed this. I haven't done this in

740
00:39:51,719 --> 00:39:52,200
Speaker 4: a while.

741
00:39:53,200 --> 00:40:01,279
Speaker 5: Dante, You've been unmuted. Man, what's up? We get him second.

742
00:40:01,040 --> 00:40:06,200
Speaker 4: Change, so we might have to clip that last one.

743
00:40:06,680 --> 00:40:10,040
Speaker 4: That last that last exchange. I kind of like that one.

744
00:40:11,840 --> 00:40:15,680
Speaker 6: It's gonna get your next post, Joseph Joseph Wells Jr.

745
00:40:15,719 --> 00:40:18,600
Speaker 6: We're going to you get yourself. You've been unmuted. What's

746
00:40:18,600 --> 00:40:28,839
Speaker 6: going on? Guidelines, guidelines, that's what's going on.

747
00:40:34,080 --> 00:40:35,560
Speaker 5: And he's.

748
00:40:37,040 --> 00:40:38,080
Speaker 3: Well, let's talk about this.

749
00:40:38,680 --> 00:40:42,320
Speaker 8: So part of Eyo University is MG the Mortgage Guys

750
00:40:42,320 --> 00:40:46,520
Speaker 8: Home Buys Blueprint BYOME one and volume two. And can

751
00:40:46,600 --> 00:40:49,120
Speaker 8: you just talk about what's encompassed in the Home Boys

752
00:40:49,160 --> 00:40:50,520
Speaker 8: Blueprint Volume one and two.

753
00:40:51,160 --> 00:40:55,080
Speaker 4: So the home Buyers Blueprint series is the encyclopedia for

754
00:40:55,200 --> 00:40:58,760
Speaker 4: home buyers and investors the homes.

755
00:40:58,880 --> 00:41:01,560
Speaker 3: Which what you get? What'd you get? The encyclopedia word.

756
00:41:01,600 --> 00:41:06,080
Speaker 4: From Rashan turn y'all when shap allows this is the result, Yo.

757
00:41:06,400 --> 00:41:08,839
Speaker 4: I don't have no shame in telling y'all this too.

758
00:41:09,400 --> 00:41:13,279
Speaker 4: I have no ego with this, YO. When he the

759
00:41:13,320 --> 00:41:15,680
Speaker 4: first time he said that shit too, I said, oh

760
00:41:15,719 --> 00:41:24,399
Speaker 4: my god, the encyclopedia, I said, I'm gonna run that joint, yo.

761
00:41:24,480 --> 00:41:27,359
Speaker 4: Y'all watching that's in real time, y'all, this is live.

762
00:41:30,719 --> 00:41:33,440
Speaker 4: But now it really is this but it really is

763
00:41:33,440 --> 00:41:36,799
Speaker 4: though Encyclopedia for Home Buying. The Homeboys Boothprint Volume one

764
00:41:37,440 --> 00:41:41,920
Speaker 4: is fifteen plus hours of content assessments. I mean you

765
00:41:41,960 --> 00:41:45,720
Speaker 4: get the So any first time home buyer, new reiltor

766
00:41:46,520 --> 00:41:48,959
Speaker 4: like yo, you can go through that thing and kind

767
00:41:48,960 --> 00:41:51,040
Speaker 4: of no, you can get your deal closed.

768
00:41:51,640 --> 00:41:51,920
Speaker 5: Period.

769
00:41:52,760 --> 00:41:55,480
Speaker 4: It's helped thousands of people close on real estate and

770
00:41:55,520 --> 00:41:58,520
Speaker 4: one of the and I'll be honest, I don't even

771
00:41:58,560 --> 00:42:00,840
Speaker 4: promote all the success of this. And I got to

772
00:42:00,880 --> 00:42:03,840
Speaker 4: get better at that because there's been fat literally thousands

773
00:42:03,920 --> 00:42:07,120
Speaker 4: of people. We be all over the place and people

774
00:42:07,200 --> 00:42:09,200
Speaker 4: always come out like, yo, I close on this. I

775
00:42:09,239 --> 00:42:12,440
Speaker 4: save money because of the Homebuys Blueprint valuing one right.

776
00:42:12,560 --> 00:42:14,880
Speaker 4: So it's the Encyclopedia for Home buy It's probably my

777
00:42:14,920 --> 00:42:18,880
Speaker 4: greatest work to this day. I love that course and

778
00:42:19,000 --> 00:42:22,920
Speaker 4: it's my baby. And look Ab took it. Ab was

779
00:42:22,920 --> 00:42:25,719
Speaker 4: doing assessments and took it and he's like, yore, Matt,

780
00:42:25,840 --> 00:42:28,960
Speaker 4: I learned all about real estate because of the Homebuys Blueprint.

781
00:42:29,239 --> 00:42:32,160
Speaker 8: So Mike Brown, Mike Brown actually brought a home off

782
00:42:32,160 --> 00:42:35,440
Speaker 8: of that eyolum not. He was saying, like, you know,

783
00:42:35,520 --> 00:42:37,880
Speaker 8: he brought the home after studying the blueprint. And the

784
00:42:37,960 --> 00:42:41,279
Speaker 8: thing about it is like, you know, the encyclopedia is

785
00:42:41,320 --> 00:42:43,440
Speaker 8: fitting because you go to school and you study and

786
00:42:43,440 --> 00:42:45,919
Speaker 8: you learn about variety different things, but you never really

787
00:42:46,000 --> 00:42:48,239
Speaker 8: learn about the process of buying a home. And it's

788
00:42:48,320 --> 00:42:51,360
Speaker 8: very actually extremely complicated, not as easy as just going

789
00:42:51,440 --> 00:42:54,000
Speaker 8: to the bank and buy a home. And for most people,

790
00:42:54,040 --> 00:42:55,880
Speaker 8: that's the biggest purchase that you're ever going to make

791
00:42:55,920 --> 00:42:58,880
Speaker 8: in life. So being that there's no education on it,

792
00:42:59,600 --> 00:43:01,880
Speaker 8: what do you go to know what you're doing? You

793
00:43:01,960 --> 00:43:03,680
Speaker 8: just don't really know what you're doing. You just kind

794
00:43:03,680 --> 00:43:05,759
Speaker 8: of wing it and you end up making a lot

795
00:43:05,800 --> 00:43:08,600
Speaker 8: of mistakes. You don't even know you're making mistakes. So

796
00:43:09,120 --> 00:43:11,520
Speaker 8: you know, to have a curriculum to have you know

797
00:43:11,560 --> 00:43:16,360
Speaker 8: a step by step died in buying a home and

798
00:43:16,360 --> 00:43:19,279
Speaker 8: then also how to renovate the home, and you know

799
00:43:19,400 --> 00:43:23,440
Speaker 8: different programs and interest rates and you know all of

800
00:43:23,480 --> 00:43:26,840
Speaker 8: that refinancing and all that stuff is actually extremely beneficial

801
00:43:27,320 --> 00:43:31,719
Speaker 8: for a majority of people because it wasn't taught to.

802
00:43:31,640 --> 00:43:32,560
Speaker 3: You in school.

803
00:43:32,680 --> 00:43:36,399
Speaker 8: And if your parents didn't buy a home, then even

804
00:43:36,440 --> 00:43:38,440
Speaker 8: if they brought a home, they might not be fully

805
00:43:38,520 --> 00:43:42,000
Speaker 8: educated on the process. So it's people take it for granted,

806
00:43:42,680 --> 00:43:48,680
Speaker 8: but that is actually extremely beneficial educational peace because there's

807
00:43:48,719 --> 00:43:51,480
Speaker 8: so many different parts of buying a home. You got

808
00:43:51,520 --> 00:43:55,040
Speaker 8: the entrepreneur loan, you got the jumbo mortgage, you got

809
00:43:55,080 --> 00:43:59,040
Speaker 8: the refine, you got the veteran loan, you got the

810
00:43:59,440 --> 00:44:02,360
Speaker 8: you know the heat lot, you got the two O

811
00:44:02,440 --> 00:44:06,480
Speaker 8: three K, you got the two three K.

812
00:44:07,200 --> 00:44:09,759
Speaker 4: You got the home styles. So like Volume two, the

813
00:44:09,840 --> 00:44:15,520
Speaker 4: rehab pack covers that covers fairly made home style rehab loan.

814
00:44:15,680 --> 00:44:18,280
Speaker 4: It covers the two or three K in depth detail.

815
00:44:18,360 --> 00:44:22,560
Speaker 4: That's around seven hours of information. And you know, what

816
00:44:22,600 --> 00:44:24,960
Speaker 4: I really want to do is in all honesty, and

817
00:44:25,000 --> 00:44:27,080
Speaker 4: I put this in Chat like a month ago, but

818
00:44:27,160 --> 00:44:29,960
Speaker 4: I really want to do volume three. And I think

819
00:44:30,120 --> 00:44:32,360
Speaker 4: Volume three is going to be the best body of

820
00:44:32,440 --> 00:44:35,840
Speaker 4: work that I've ever done in my life, superseding Volume

821
00:44:35,880 --> 00:44:40,040
Speaker 4: one because now there's new information, there's new things that

822
00:44:40,080 --> 00:44:42,640
Speaker 4: are happening in the world and in the marketplace, and

823
00:44:42,680 --> 00:44:44,920
Speaker 4: there's a lot of different loan products out there. So

824
00:44:45,000 --> 00:44:49,719
Speaker 4: I think with volume three that's going to encompass heavy investing,

825
00:44:50,719 --> 00:44:54,880
Speaker 4: heavy entrepreneur, self employed, and really teaching people how to

826
00:44:54,960 --> 00:44:58,960
Speaker 4: analyze theos and going through those motions too. So Blueprint

827
00:44:59,000 --> 00:45:01,560
Speaker 4: Volume three will be coming soon. I'm not going to

828
00:45:01,640 --> 00:45:04,319
Speaker 4: put a data on it right now, because I'm going

829
00:45:04,360 --> 00:45:08,000
Speaker 4: to probably make that twenty plus hours of information to

830
00:45:08,160 --> 00:45:10,440
Speaker 4: really help people get the game on track that they

831
00:45:10,760 --> 00:45:13,719
Speaker 4: push back like this is really going to be a

832
00:45:13,800 --> 00:45:16,520
Speaker 4: dynamic piece of work and it's only going to be

833
00:45:17,160 --> 00:45:22,520
Speaker 4: for EYL University powered by recession Proof. So if you

834
00:45:22,719 --> 00:45:26,239
Speaker 4: want to really learn how to fund your deals, fund

835
00:45:26,280 --> 00:45:31,120
Speaker 4: your investments, and really get the vital information, you got

836
00:45:31,160 --> 00:45:33,080
Speaker 4: to be a part of this. Man, you got to

837
00:45:33,080 --> 00:45:35,480
Speaker 4: be a part of this. So the Home Boys Rodeogia

838
00:45:35,520 --> 00:45:36,719
Speaker 4: series is phenomenal.

839
00:45:37,000 --> 00:45:39,120
Speaker 9: Yes, she just asked what you can get. If you're

840
00:45:39,120 --> 00:45:41,439
Speaker 9: in the chat, then you have access to it right now.

841
00:45:41,480 --> 00:45:43,960
Speaker 9: Oh yeah, surely surely.

842
00:45:44,719 --> 00:45:47,800
Speaker 4: Oh yeah, if you're in a zoom then you already gucci.

843
00:45:48,560 --> 00:45:50,879
Speaker 9: Yeah, and man, I got I told you this when

844
00:45:51,000 --> 00:45:52,400
Speaker 9: I first saw it. I think I probably was the

845
00:45:52,400 --> 00:45:56,120
Speaker 9: first one to have eyes on the program. So it

846
00:45:56,200 --> 00:45:58,759
Speaker 9: was a complete body of work, and you over deliver it.

847
00:45:58,800 --> 00:46:00,440
Speaker 9: I know a lot of times I feel like, you know,

848
00:46:00,480 --> 00:46:02,239
Speaker 9: you get a little harder yourself, like, you know, I

849
00:46:02,239 --> 00:46:04,840
Speaker 9: could have added more, and after like going through the

850
00:46:04,880 --> 00:46:06,719
Speaker 9: course and writing the assessments for the course, I'm like,

851
00:46:07,040 --> 00:46:09,960
Speaker 9: I'm not shure how you could have. In fact, anybody

852
00:46:10,000 --> 00:46:12,680
Speaker 9: that takes it, they're gonna come out better and they're

853
00:46:12,680 --> 00:46:14,680
Speaker 9: gonna come out with an understanding of real estate that

854
00:46:14,680 --> 00:46:15,600
Speaker 9: they never had before.

855
00:46:15,840 --> 00:46:17,960
Speaker 6: I definitely did and I have a home and you

856
00:46:18,040 --> 00:46:20,799
Speaker 6: walk me through the process of getting another home. So

857
00:46:21,000 --> 00:46:22,560
Speaker 6: congratulations to you. I know you want to give us

858
00:46:22,600 --> 00:46:23,960
Speaker 6: our flowers, but I want to give you yours.

859
00:46:23,960 --> 00:46:26,000
Speaker 5: Man. That is a complete body of work.

860
00:46:26,040 --> 00:46:30,040
Speaker 9: It's an authentic body of work, and it is super

861
00:46:30,080 --> 00:46:34,080
Speaker 9: digestible and the fact that people get to assess how

862
00:46:34,120 --> 00:46:36,359
Speaker 9: they're learning and what they're learning throughout the process makes

863
00:46:36,360 --> 00:46:38,840
Speaker 9: it even better. Man, So congrats to you on the

864
00:46:39,800 --> 00:46:42,440
Speaker 9: becoming the authority in the field of real estate for

865
00:46:42,440 --> 00:46:43,000
Speaker 9: our community.

866
00:46:43,040 --> 00:46:43,200
Speaker 10: Man.

867
00:46:43,520 --> 00:46:46,319
Speaker 4: Try I appreciate that you from coming from you because

868
00:46:46,320 --> 00:46:50,000
Speaker 4: you're an educator, You're professionally trained at this. And when

869
00:46:50,000 --> 00:46:51,840
Speaker 4: you told me that, I'm like, nah, this shit sucks,

870
00:46:52,719 --> 00:46:55,719
Speaker 4: like I could do a lot more. And you know

871
00:46:55,760 --> 00:46:58,160
Speaker 4: the funny thing is I said that about episode twelve

872
00:46:58,200 --> 00:47:00,440
Speaker 4: two and yeah, both is like nah, it's good. Like

873
00:47:00,840 --> 00:47:03,719
Speaker 4: I am a tough critic on myself. I'm very hard

874
00:47:03,760 --> 00:47:06,880
Speaker 4: on everything that I do, and Troy is always that person,

875
00:47:06,960 --> 00:47:09,240
Speaker 4: Like no, as soon as I come off any stage

876
00:47:09,360 --> 00:47:12,480
Speaker 4: or anything, Troy is literally the first person that comes

877
00:47:12,480 --> 00:47:15,759
Speaker 4: out to me like yore mg, nah da da d like.

878
00:47:16,200 --> 00:47:19,319
Speaker 4: So I always appreciate you, bro, because coming from you

879
00:47:19,840 --> 00:47:22,759
Speaker 4: being a trained professional educator. That means a lot, because

880
00:47:22,760 --> 00:47:25,279
Speaker 4: I'm not trained to do this. I don't even know

881
00:47:25,320 --> 00:47:27,080
Speaker 4: how I'm doing this today. To be honest with you,

882
00:47:27,400 --> 00:47:31,480
Speaker 4: I'm just I'm just doing what I do and the blueprint.

883
00:47:31,880 --> 00:47:34,080
Speaker 4: Looking back at it now, I agree with a thousand

884
00:47:34,160 --> 00:47:37,520
Speaker 4: percent with you. That thing's a masterpiece and I'm very

885
00:47:37,520 --> 00:47:40,600
Speaker 4: proud of it. It's helped thousands of people buy real

886
00:47:40,719 --> 00:47:44,120
Speaker 4: estate the right way, get good deals. But now I

887
00:47:44,160 --> 00:47:46,120
Speaker 4: think I want to take it to the next level

888
00:47:46,640 --> 00:47:51,080
Speaker 4: with Volume three and just continue my mission. And my mission, fellas,

889
00:47:51,239 --> 00:47:54,200
Speaker 4: is to help close the wealth gap in real estate,

890
00:47:54,239 --> 00:47:57,520
Speaker 4: one brick at a time. And whether you're buying your

891
00:47:57,520 --> 00:48:00,960
Speaker 4: primary residence or you buying investment properties, Black and brown

892
00:48:00,960 --> 00:48:03,440
Speaker 4: people need to buy real estate. We don't need to

893
00:48:03,480 --> 00:48:06,080
Speaker 4: really pay attention to the fair mongerin We need to

894
00:48:06,120 --> 00:48:09,399
Speaker 4: stay the course and stay focused on our mission. Our

895
00:48:09,440 --> 00:48:12,239
Speaker 4: wealth is disappearing in front of our eyes. And if

896
00:48:12,280 --> 00:48:15,600
Speaker 4: we have everybody who's watching this right now, we have

897
00:48:15,680 --> 00:48:21,920
Speaker 4: the opportunity to change the generational DNA of our entire community.

898
00:48:22,280 --> 00:48:24,680
Speaker 4: And real estate is a big play on that. Let's

899
00:48:24,719 --> 00:48:26,880
Speaker 4: not get it twisted. I know real estate gets treated

900
00:48:26,960 --> 00:48:28,840
Speaker 4: like the step child when it comes to cryptrow and

901
00:48:28,920 --> 00:48:31,880
Speaker 4: stocks and everything that's out there. But let's not forget

902
00:48:32,160 --> 00:48:35,800
Speaker 4: how important real estate is because you can't go outside

903
00:48:35,840 --> 00:48:38,440
Speaker 4: without seeing real estate period.

904
00:48:40,440 --> 00:48:45,800
Speaker 3: Period with a T with a T YEP. Very important.

905
00:48:46,880 --> 00:48:50,680
Speaker 3: Uh well MG, always a pleasure. My brother.

906
00:48:52,800 --> 00:48:59,400
Speaker 4: My graduates from my school being forced back drop Mike drop.

907
00:49:00,840 --> 00:49:14,759
Speaker 1: Dus an illegal alien from Guatemala charged with raping a

908
00:49:14,840 --> 00:49:18,319
Speaker 1: child in Massachusetts. An MS thirteen gang member from Al

909
00:49:18,400 --> 00:49:23,240
Speaker 1: Salvador accused of murdering a Texas man of Venezuelan charged

910
00:49:23,239 --> 00:49:27,160
Speaker 1: with filming and selling child pornography in Michigan. These are

911
00:49:27,200 --> 00:49:30,719
Speaker 1: just some of the heinous migrant criminals caught because of

912
00:49:30,760 --> 00:49:34,440
Speaker 1: President Donald J. Trump's leadership. I'm Christy Noman, the United

913
00:49:34,480 --> 00:49:39,240
Speaker 1: States Secretary of Homeland Security. Under President Trump, Attempted illegal

914
00:49:39,280 --> 00:49:42,920
Speaker 1: border crossings are at the lowest levels ever recorded, and

915
00:49:42,960 --> 00:49:46,319
Speaker 1: over one hundred thousand illegal aliens have been arrested. If

916
00:49:46,360 --> 00:49:50,000
Speaker 1: you are here illegally, your next you will be fined

917
00:49:50,080 --> 00:49:54,160
Speaker 1: nearly one thousand dollars a day, imprisoned, and deported. You

918
00:49:54,239 --> 00:49:57,800
Speaker 1: will never return. But if you register using our CBP

919
00:49:57,960 --> 00:50:00,680
Speaker 1: home app and leave now, you could be allowed to

920
00:50:00,719 --> 00:50:05,560
Speaker 1: return legally do what's right. Leave now. Under President Trump,

921
00:50:05,719 --> 00:50:08,839
Speaker 1: America's laws, border and families.

922
00:50:08,480 --> 00:50:10,880
Speaker 2: Will be protected. Sponsored by the United States Department of

923
00:50:10,920 --> 00:50:11,520
Speaker 2: Homeland Security,