1 00:00:04,680 --> 00:00:06,279 Speaker 1: Welcome to Money Making Conversations. 2 00:00:06,360 --> 00:00:08,119 Speaker 2: It's to show that she has the secrets of success 3 00:00:08,160 --> 00:00:11,680 Speaker 2: experience firsthand by marketing and branding expert Rashan McDonald. I 4 00:00:11,720 --> 00:00:14,079 Speaker 2: will know he's giving me advice on many occasions. And 5 00:00:14,120 --> 00:00:17,119 Speaker 2: in case you didn't notice, I'm not broke. You know, 6 00:00:17,200 --> 00:00:20,720 Speaker 2: he'll be interviewing celebrity CEOs, entrepreneurs and industry. 7 00:00:20,360 --> 00:00:22,600 Speaker 1: Decision make because it's what he likes to do. It's 8 00:00:22,640 --> 00:00:23,640 Speaker 1: what he likes to share. 9 00:00:24,040 --> 00:00:27,000 Speaker 2: Now it's time to hear from my man, Rashan McDonald 10 00:00:27,200 --> 00:00:28,400 Speaker 2: money making Conversations. 11 00:00:28,680 --> 00:00:29,120 Speaker 1: Here we go. 12 00:00:30,160 --> 00:00:33,400 Speaker 3: There's whether another day, another dollar, that's what they say. 13 00:00:33,720 --> 00:00:36,520 Speaker 3: Welcome to the Money Making Conversation Masterclass. I am your host, 14 00:00:36,640 --> 00:00:39,680 Speaker 3: Rashawn McDonald. Our theme is there's no perfect time to 15 00:00:39,720 --> 00:00:42,760 Speaker 3: start following your dreams. I say that every week. You know. 16 00:00:42,840 --> 00:00:45,600 Speaker 3: I think that if you keep saying something, then people 17 00:00:45,640 --> 00:00:46,720 Speaker 3: will eventually hear it. 18 00:00:47,200 --> 00:00:48,840 Speaker 1: You know, it's like going by his store. 19 00:00:49,159 --> 00:00:52,159 Speaker 3: If a grocery store decided it will not have it 20 00:00:52,360 --> 00:00:54,400 Speaker 3: sign on, then you will stop going in. So they 21 00:00:54,480 --> 00:00:57,600 Speaker 3: keep its sign on to remind you that you can 22 00:00:57,640 --> 00:01:00,120 Speaker 3: come in to get service. I'm going to tell you 23 00:01:00,200 --> 00:01:02,760 Speaker 3: or any day that this show airs. I'm going to 24 00:01:02,840 --> 00:01:06,120 Speaker 3: tell you that the theme is there's no perfect time 25 00:01:06,240 --> 00:01:09,080 Speaker 3: to start following your dreams. I recognize that we all 26 00:01:09,080 --> 00:01:12,040 Speaker 3: have different definitions of success. For you, and maybe the 27 00:01:12,080 --> 00:01:15,080 Speaker 3: size of your paycheck mine is inspiring you to accomplish 28 00:01:15,080 --> 00:01:17,679 Speaker 3: your goals and live your very best life. Do you 29 00:01:17,720 --> 00:01:20,360 Speaker 3: hear me? I know I'm preaching. I preach all the time. 30 00:01:20,760 --> 00:01:24,520 Speaker 3: I preach because you know I speaking to the Black community. 31 00:01:24,560 --> 00:01:28,200 Speaker 3: We're used to that cadence, that reverence. It's time to 32 00:01:28,240 --> 00:01:31,399 Speaker 3: start reading other people's success stories and start living your own. 33 00:01:31,720 --> 00:01:33,760 Speaker 3: That's preaching, But I'm not gonna go to that extreme 34 00:01:33,920 --> 00:01:36,320 Speaker 3: because people always talk about you know that purpose. You know, 35 00:01:36,319 --> 00:01:38,800 Speaker 3: people always talk purpose and gifts. You hear a lot 36 00:01:38,840 --> 00:01:41,040 Speaker 3: about that and social media because you have a gift. 37 00:01:41,480 --> 00:01:45,720 Speaker 3: Everybody has a gift, not gifts. A gift. Leave with 38 00:01:45,840 --> 00:01:48,440 Speaker 3: your gift and don't let your friends. It's very important 39 00:01:48,680 --> 00:01:50,720 Speaker 3: because there's a lot of people who have dreams that 40 00:01:50,760 --> 00:01:53,600 Speaker 3: are not That doesn't line up with your with your family, 41 00:01:53,720 --> 00:01:56,080 Speaker 3: may not line up with your friends, may not line 42 00:01:56,160 --> 00:01:58,840 Speaker 3: up with your loved want, your parents, your coworkers, and 43 00:01:58,880 --> 00:02:01,960 Speaker 3: guess what, they'll shut it down because they don't understand 44 00:02:02,040 --> 00:02:05,040 Speaker 3: that direction. I remember when I left IBM. I had 45 00:02:05,040 --> 00:02:07,200 Speaker 3: a great job at IM, but I told everybody wanted 46 00:02:07,200 --> 00:02:09,520 Speaker 3: to be a stand up comedian. They tried to shut 47 00:02:09,560 --> 00:02:12,200 Speaker 3: me down. Oh you go, You're gonna be the next 48 00:02:12,280 --> 00:02:15,760 Speaker 3: Richard Pride. Huh really, Eddi Murphy, really, because those were 49 00:02:15,760 --> 00:02:18,320 Speaker 3: the big names when I decided to leave IBM at 50 00:02:18,320 --> 00:02:22,640 Speaker 3: the time, you know, there was a dream killers. I 51 00:02:22,639 --> 00:02:25,280 Speaker 3: didn't listen to them. And my guests today are about 52 00:02:25,280 --> 00:02:27,799 Speaker 3: the American dream both of them. They're on the show 53 00:02:27,840 --> 00:02:29,959 Speaker 3: today to let you know it can happen for you. 54 00:02:30,400 --> 00:02:34,240 Speaker 3: One is a real estate developer. My first guest, listen 55 00:02:34,240 --> 00:02:36,520 Speaker 3: to me, heero, my first guest, this is a dreamer, 56 00:02:36,520 --> 00:02:38,480 Speaker 3: and I'm pretty sure people have told her this was 57 00:02:38,520 --> 00:02:41,440 Speaker 3: not going to happen in a lifetime. My first guest 58 00:02:41,480 --> 00:02:46,079 Speaker 3: has purchased nearly one thousand acres in the Dominican Republic 59 00:02:46,120 --> 00:02:51,440 Speaker 3: for a golf result. Not in Georgia, not in Alabama, 60 00:02:52,240 --> 00:02:56,160 Speaker 3: not Mississippi, Dominican Republic. These are American dreamers. And I'm 61 00:02:56,200 --> 00:02:58,400 Speaker 3: pretty sure people out there killing your dreams and killing 62 00:02:58,440 --> 00:02:59,360 Speaker 3: their dreams left and. 63 00:02:59,400 --> 00:03:02,799 Speaker 1: Right saying that's impossible. What Rashan is talking about well, 64 00:03:02,800 --> 00:03:03,120 Speaker 1: guess what. 65 00:03:03,440 --> 00:03:06,240 Speaker 3: Let's get money making conversation master class started and you're 66 00:03:06,240 --> 00:03:08,679 Speaker 3: gonna hear the truth. My first guest is an attorney 67 00:03:09,000 --> 00:03:13,400 Speaker 3: real estate developer, Diana Lynch. Attorney Lynch focused on her 68 00:03:13,520 --> 00:03:17,880 Speaker 3: practice on family, sports, entertainment, and business law. She has 69 00:03:17,880 --> 00:03:21,000 Speaker 3: over two decades worth of litigation experience and family law 70 00:03:21,160 --> 00:03:23,919 Speaker 3: and holds a license in mediation and arbitration. 71 00:03:24,040 --> 00:03:25,440 Speaker 1: There was a difference. 72 00:03:25,440 --> 00:03:27,799 Speaker 3: I'm gonna ask her what it's the difference between mediation 73 00:03:27,919 --> 00:03:33,400 Speaker 3: and arbitration cases involving divorce, child custody, child support, property 74 00:03:33,440 --> 00:03:37,680 Speaker 3: division all part of her specialization. We know there's a 75 00:03:37,760 --> 00:03:41,480 Speaker 3: half of America gets married, turns around, gets a divorce. 76 00:03:41,680 --> 00:03:44,280 Speaker 3: Possessing the right range of legal knowledge. She has also 77 00:03:44,360 --> 00:03:48,760 Speaker 3: handled personal injury and other general civil litigation matters as 78 00:03:48,800 --> 00:03:49,880 Speaker 3: a real estate developer. 79 00:03:50,000 --> 00:03:51,920 Speaker 1: We will discuss her historic purchase. 80 00:03:51,960 --> 00:03:55,000 Speaker 3: I said it earlier of nearly one thousand acres in 81 00:03:55,080 --> 00:03:58,200 Speaker 3: the Dominican Republic for a golf result, but gets the 82 00:03:58,360 --> 00:03:59,920 Speaker 3: text us up. This is what she really on the show. 83 00:04:00,360 --> 00:04:04,280 Speaker 3: A primary purpose isn't just acquiring wealth for herself. It's 84 00:04:04,360 --> 00:04:08,400 Speaker 3: inspiring the black community to take on more ownership. Please 85 00:04:08,440 --> 00:04:11,960 Speaker 3: work with the money making conversation Mastercline, Attorney Diana Lynch, 86 00:04:12,040 --> 00:04:12,400 Speaker 3: How you. 87 00:04:12,360 --> 00:04:13,839 Speaker 1: Doing, Hi? 88 00:04:14,080 --> 00:04:15,880 Speaker 4: How are you? Thanks for having me? Now? 89 00:04:15,880 --> 00:04:17,880 Speaker 1: Did I get you fired up? Attorney Lynch? Don't get 90 00:04:17,920 --> 00:04:18,839 Speaker 1: you fired up? You got me. 91 00:04:18,960 --> 00:04:20,919 Speaker 4: You got me fired up. I tell you, I just 92 00:04:21,080 --> 00:04:23,280 Speaker 4: love it when people tell us that we could do 93 00:04:23,360 --> 00:04:26,159 Speaker 4: things differently. We can live life differently, we could do 94 00:04:26,200 --> 00:04:28,960 Speaker 4: things differently when I other than when our parents told us. 95 00:04:29,000 --> 00:04:31,400 Speaker 4: I mean, if you start with where I began, you 96 00:04:31,440 --> 00:04:33,440 Speaker 4: would I wouldn't even expect that I would be here, 97 00:04:33,560 --> 00:04:36,760 Speaker 4: especially what everybody tells you. And I tell the gentleman 98 00:04:36,839 --> 00:04:38,760 Speaker 4: I mentor. I mentor a group of gentlemen. I said, 99 00:04:38,760 --> 00:04:41,120 Speaker 4: we'd never take no for an answer, And so that's 100 00:04:41,120 --> 00:04:43,119 Speaker 4: one of the things I said, unless it's a woman, 101 00:04:43,200 --> 00:04:45,240 Speaker 4: then even a maybe, it's a no. And you'll see 102 00:04:45,279 --> 00:04:48,200 Speaker 4: the thousands of people that I touch and the fifty 103 00:04:48,279 --> 00:04:50,400 Speaker 4: or more that I put through school in my nonprofit. 104 00:04:50,800 --> 00:04:52,800 Speaker 4: That's what they'll know when they when I meet them 105 00:04:52,880 --> 00:04:54,599 Speaker 4: and I see them on the street, I said, do 106 00:04:54,680 --> 00:04:56,719 Speaker 4: we take no for an answer? They say no, unless 107 00:04:56,720 --> 00:04:58,600 Speaker 4: it's a lady, and then even a maybe it's a no. 108 00:04:59,000 --> 00:05:00,520 Speaker 4: So yeah, that's what I I tell them. 109 00:05:00,640 --> 00:05:03,120 Speaker 3: We turned to Lynch, you know, the first time we've spoken, 110 00:05:03,360 --> 00:05:06,159 Speaker 3: and I was reading this press release because I always 111 00:05:06,160 --> 00:05:09,560 Speaker 3: try to read and understand the persons, because I get 112 00:05:09,600 --> 00:05:12,080 Speaker 3: information that the interview is about, and we're going to 113 00:05:12,080 --> 00:05:14,880 Speaker 3: get to that if because what we're but I also 114 00:05:14,920 --> 00:05:16,800 Speaker 3: want to know. When I was reading this press release, 115 00:05:17,080 --> 00:05:21,560 Speaker 3: it said primary purpose isn't just acquiring wealth for herself. 116 00:05:22,320 --> 00:05:25,080 Speaker 3: It's inspiring the black community to take on more ownership. 117 00:05:25,120 --> 00:05:27,800 Speaker 3: What exactly you say in that, Well, the. 118 00:05:27,760 --> 00:05:30,880 Speaker 4: Thing is, as a child, I grew up in Brooklyn, 119 00:05:30,960 --> 00:05:34,359 Speaker 4: New York, in a pretty urban environment. One of the 120 00:05:34,400 --> 00:05:36,560 Speaker 4: things we always aspired to do and was taught to 121 00:05:36,600 --> 00:05:39,640 Speaker 4: do this to own the land, all right, nor because 122 00:05:40,120 --> 00:05:43,320 Speaker 4: when you own the land, it comes with it quite 123 00:05:43,360 --> 00:05:49,520 Speaker 4: a bit of one responsibility, opportunity. Legacy land historically does 124 00:05:49,560 --> 00:05:52,719 Speaker 4: not lose value in the stock market as of investment 125 00:05:52,760 --> 00:05:54,640 Speaker 4: stock market. I was told to put money in the 126 00:05:54,640 --> 00:05:57,920 Speaker 4: stock market and do various other things, and I have historically, 127 00:05:58,680 --> 00:06:03,320 Speaker 4: after Niles and various other times, lost a lot of 128 00:06:03,320 --> 00:06:06,160 Speaker 4: money in the stock market. And what my financial advisor 129 00:06:06,200 --> 00:06:07,880 Speaker 4: will tell me is just stay in it. It's gonna 130 00:06:07,880 --> 00:06:10,000 Speaker 4: come back. And just as it comes back, we got 131 00:06:10,120 --> 00:06:12,720 Speaker 4: Ukraine and Russia fighting and all the way around the world. 132 00:06:12,800 --> 00:06:15,839 Speaker 4: And now we you know, our president might say so, 133 00:06:15,880 --> 00:06:18,280 Speaker 4: our former president may touch something our line, and then 134 00:06:18,279 --> 00:06:20,839 Speaker 4: our stock market, our stocks go down. So so many 135 00:06:20,880 --> 00:06:24,800 Speaker 4: other things affect our portfolio other than what we can 136 00:06:24,880 --> 00:06:28,200 Speaker 4: tangibly do. What can if it makes you feel helpless, 137 00:06:28,240 --> 00:06:31,520 Speaker 4: And one of the things that owning land does, you 138 00:06:31,520 --> 00:06:36,000 Speaker 4: can make strategic decisions based on market forces, appreciation and 139 00:06:36,040 --> 00:06:39,400 Speaker 4: land land appreciates, and even in both markets and various 140 00:06:39,400 --> 00:06:42,680 Speaker 4: other things, they tell you invest in land. Many you 141 00:06:42,760 --> 00:06:46,360 Speaker 4: follow the money where where are the others investing their money? 142 00:06:46,440 --> 00:06:51,440 Speaker 4: And as a young adult entering the legal profession, right 143 00:06:51,480 --> 00:06:53,640 Speaker 4: after losing quite a bit in the stock market, I said, 144 00:06:53,640 --> 00:06:56,120 Speaker 4: well work, I need to. I made the decision. Wasn't 145 00:06:56,120 --> 00:06:58,039 Speaker 4: popular to pull my money out, and I needed to 146 00:06:58,040 --> 00:07:00,000 Speaker 4: put it somewhere because I needed to work for myself 147 00:07:00,279 --> 00:07:03,000 Speaker 4: as a lawyer. The fortunate and unfortunate thing is that 148 00:07:03,040 --> 00:07:06,600 Speaker 4: you get paid when you when you work buillable hours. However, 149 00:07:06,920 --> 00:07:09,080 Speaker 4: I wanted something that was passive where I would be 150 00:07:09,080 --> 00:07:11,840 Speaker 4: making money even when I was not there, and real 151 00:07:11,960 --> 00:07:14,040 Speaker 4: estate was the answer for me. So I started investing 152 00:07:14,040 --> 00:07:17,120 Speaker 4: in properties around university campuses, various other things, so I 153 00:07:17,200 --> 00:07:19,720 Speaker 4: get a premium on my rental income. I looked at 154 00:07:19,720 --> 00:07:23,680 Speaker 4: where the trajectory was. I didn't want to just invest 155 00:07:23,720 --> 00:07:27,440 Speaker 4: in markets where it had already reached the peak of performance. 156 00:07:27,480 --> 00:07:31,360 Speaker 4: In fact, I told a story on another popular talk 157 00:07:31,360 --> 00:07:33,600 Speaker 4: show recently, and I said, I was in a meeting 158 00:07:33,640 --> 00:07:37,840 Speaker 4: with brand brand manager hotel operator because we're at that 159 00:07:37,960 --> 00:07:42,120 Speaker 4: stage where we have made some decisions with partnerships with 160 00:07:42,240 --> 00:07:44,800 Speaker 4: major brands, our hotel brands. And I was at the 161 00:07:44,840 --> 00:07:47,280 Speaker 4: meeting and I was the only one that looked like 162 00:07:47,320 --> 00:07:50,160 Speaker 4: me at that meeting, and I was told he said, 163 00:07:50,840 --> 00:07:52,560 Speaker 4: many of us don't want to drink the water until 164 00:07:52,560 --> 00:07:55,160 Speaker 4: it was cold. And I didn't understand what he meant, 165 00:07:55,200 --> 00:08:02,640 Speaker 4: because you know, you know how we do. We said, 166 00:08:02,760 --> 00:08:06,280 Speaker 4: expound on that, and I allow him to do just that, right, 167 00:08:06,280 --> 00:08:08,520 Speaker 4: because sometimes it's better to be quiet and learned and 168 00:08:08,640 --> 00:08:10,520 Speaker 4: to talk and let people know what you are. 169 00:08:10,600 --> 00:08:11,080 Speaker 1: Right. 170 00:08:11,120 --> 00:08:14,680 Speaker 4: So he simply said, we don't want to come to 171 00:08:14,760 --> 00:08:17,320 Speaker 4: something until is shiny on to the water's cool, until 172 00:08:17,320 --> 00:08:19,520 Speaker 4: after it's been develop and it's come out of the ground. 173 00:08:19,720 --> 00:08:23,360 Speaker 4: And unfortunately, we are not often as a people, the 174 00:08:23,400 --> 00:08:26,360 Speaker 4: culture at the table when these opportunities happen. So while 175 00:08:26,400 --> 00:08:29,120 Speaker 4: we whiley, while they may say we don't want to, 176 00:08:29,360 --> 00:08:31,080 Speaker 4: it's because a lot of times we have not been 177 00:08:31,120 --> 00:08:33,920 Speaker 4: afforded the opportunity to come to And I can give 178 00:08:33,960 --> 00:08:35,119 Speaker 4: you many differentations. 179 00:08:36,400 --> 00:08:39,360 Speaker 3: You know, you're absolutely telling the truth. You know you 180 00:08:39,400 --> 00:08:41,800 Speaker 3: know and I understand exactly what he's talking about. We 181 00:08:41,840 --> 00:08:45,839 Speaker 3: always come back once the buildings built, not understanding you 182 00:08:45,840 --> 00:08:47,839 Speaker 3: could have bought the land before the building was built. 183 00:08:48,320 --> 00:08:51,280 Speaker 3: And we look at we drive through these neighborhood especially 184 00:08:51,360 --> 00:08:54,599 Speaker 3: our neighborhoods that are run down, not knowing that. I 185 00:08:54,640 --> 00:08:58,520 Speaker 3: have a very successful brother in law in Houston, and 186 00:08:58,600 --> 00:09:02,080 Speaker 3: he would go into our neighborhoods and he will see 187 00:09:02,160 --> 00:09:04,520 Speaker 3: run down houses and he'll go to a block. And 188 00:09:04,559 --> 00:09:07,280 Speaker 3: the city is all about any city, it's any city 189 00:09:07,280 --> 00:09:10,120 Speaker 3: in the country. They're about trying to raise tax dollars. 190 00:09:10,679 --> 00:09:12,960 Speaker 3: So if you're going to tell them that you're going 191 00:09:13,040 --> 00:09:15,920 Speaker 3: to tear down all these houses on this block, which 192 00:09:15,960 --> 00:09:17,520 Speaker 3: means you can get them, you can get these home 193 00:09:17,559 --> 00:09:20,360 Speaker 3: penny on a dollar now, okay, because people living in 194 00:09:20,360 --> 00:09:24,199 Speaker 3: them really aren't in a position to be able to 195 00:09:25,040 --> 00:09:27,320 Speaker 3: argue the price when you offer it to them. And 196 00:09:27,360 --> 00:09:30,240 Speaker 3: then the city will offer you concessions. Then you build 197 00:09:30,280 --> 00:09:32,520 Speaker 3: that neighborhood back up, and all of a sudden, that 198 00:09:32,600 --> 00:09:34,400 Speaker 3: means that other people are getting get moved out? 199 00:09:34,880 --> 00:09:35,080 Speaker 4: Is it? 200 00:09:35,200 --> 00:09:37,439 Speaker 3: Because then all of a sudden we have our local 201 00:09:37,480 --> 00:09:41,520 Speaker 3: politicians arguing that we've moved our black community, we disenfranchising people. 202 00:09:41,880 --> 00:09:47,800 Speaker 3: You know, gentrification are when that happens? Are we victims? 203 00:09:48,280 --> 00:09:51,360 Speaker 1: Are? We're just not aware. I'm talking about the black community. 204 00:09:51,920 --> 00:09:55,559 Speaker 4: Absolutely. I think we're missing at the opportunity right so, 205 00:09:56,440 --> 00:09:58,080 Speaker 4: and I know exactly what you mean. I have a 206 00:09:58,080 --> 00:10:00,400 Speaker 4: property downtown Atlanta was on the first I was the 207 00:10:00,480 --> 00:10:05,120 Speaker 4: only law firm in Mechanics Fille sub community in downtown Atlanta, 208 00:10:05,160 --> 00:10:08,520 Speaker 4: the closest community to the Capital of prime property right 209 00:10:08,559 --> 00:10:11,560 Speaker 4: but it had been underdeveloped. It's often been the place 210 00:10:11,600 --> 00:10:14,679 Speaker 4: where they placed a lot of Section AID in low 211 00:10:14,720 --> 00:10:18,680 Speaker 4: income housing, and it was I made the decision that 212 00:10:18,679 --> 00:10:21,160 Speaker 4: that was an opportunity for me to move my law 213 00:10:21,200 --> 00:10:23,280 Speaker 4: practice there. Now I represent a lot of high end 214 00:10:23,400 --> 00:10:27,000 Speaker 4: entertainers and clients. And they frowned upon it because I 215 00:10:27,080 --> 00:10:30,640 Speaker 4: left Atlantic Station, which is a thriving area, paying eight 216 00:10:30,679 --> 00:10:34,360 Speaker 4: thousand dollars a month for someone else to benefit financially, 217 00:10:34,360 --> 00:10:35,880 Speaker 4: and I said, I need to get somewhere where I 218 00:10:35,920 --> 00:10:38,320 Speaker 4: can own so when I pay that bill, it's going 219 00:10:38,400 --> 00:10:40,720 Speaker 4: to benefit me in the long run. And what I did. 220 00:10:41,120 --> 00:10:43,760 Speaker 4: I acquired one property, and then another, and then another, 221 00:10:43,840 --> 00:10:46,440 Speaker 4: and after a while I was sitting on a city block. 222 00:10:46,720 --> 00:10:49,880 Speaker 4: And right now we're developing what is called Signature Atlanta, 223 00:10:49,960 --> 00:10:52,720 Speaker 4: which is one of the They called us the unicorn 224 00:10:52,760 --> 00:10:55,880 Speaker 4: and the real estate digests in downtown Atlanta because we're 225 00:10:55,920 --> 00:10:58,959 Speaker 4: one of a kind. We'll be a five story mixed 226 00:10:59,040 --> 00:11:02,440 Speaker 4: use community where you have your commercial space at the 227 00:11:02,440 --> 00:11:05,960 Speaker 4: bottom rooftop terraces. Now, that was a property in an 228 00:11:06,040 --> 00:11:09,719 Speaker 4: area that had been underserved and not everything's coming to us. 229 00:11:09,760 --> 00:11:13,040 Speaker 4: The belt line, the bike bike relayed all the things 230 00:11:13,040 --> 00:11:15,320 Speaker 4: that are coming, and we had I was there before 231 00:11:15,440 --> 00:11:18,079 Speaker 4: it got before the water got cold. And that's how 232 00:11:18,080 --> 00:11:19,280 Speaker 4: it's been absolute. 233 00:11:20,000 --> 00:11:21,600 Speaker 3: Let me tell you some doctor Lynch. When I when 234 00:11:21,600 --> 00:11:24,080 Speaker 3: I I turned to Lynch, you, I apologize. I turned 235 00:11:24,120 --> 00:11:26,480 Speaker 3: Lynch when I when I hear you, I hear all 236 00:11:26,520 --> 00:11:29,800 Speaker 3: this confidence. You know you, I mean you one after one, 237 00:11:29,840 --> 00:11:33,440 Speaker 3: one sentence after the next, follows follows follows. Because you 238 00:11:33,440 --> 00:11:36,640 Speaker 3: you you understand who you are. You understand your brand, 239 00:11:36,640 --> 00:11:39,760 Speaker 3: because you have a brand. How did how did that 240 00:11:39,840 --> 00:11:40,880 Speaker 3: journey get you there? 241 00:11:41,600 --> 00:11:41,640 Speaker 5: What? 242 00:11:41,920 --> 00:11:42,640 Speaker 1: What? What? What? 243 00:11:42,720 --> 00:11:45,760 Speaker 3: Who mentored you? Who told you that could it could happen? 244 00:11:46,120 --> 00:11:48,560 Speaker 3: And when you went, when they said ready to say go, 245 00:11:48,760 --> 00:11:49,600 Speaker 3: you were ready to go? 246 00:11:50,760 --> 00:11:53,760 Speaker 4: You know what? Ideally, you know, I've had many mentors, 247 00:11:53,800 --> 00:11:55,880 Speaker 4: my friends I've had. I have a unique group of 248 00:11:55,880 --> 00:12:00,120 Speaker 4: friends who, like myself, came from nothing, and we just 249 00:12:00,360 --> 00:12:03,360 Speaker 4: we aspire to want something for ourselves. And much of 250 00:12:03,360 --> 00:12:05,719 Speaker 4: my motivation is to want differently for my family. I 251 00:12:05,720 --> 00:12:08,080 Speaker 4: don't even want it for myself. I just wanted to 252 00:12:08,160 --> 00:12:10,240 Speaker 4: make sure that I would be in a position to 253 00:12:10,320 --> 00:12:13,120 Speaker 4: better my family's human condition. And that's what that legacy 254 00:12:13,160 --> 00:12:15,520 Speaker 4: we talk about. And so while I don't have children, 255 00:12:15,520 --> 00:12:18,400 Speaker 4: I've raised many, And while you know, while I didn't 256 00:12:18,440 --> 00:12:21,760 Speaker 4: have anything in the beginning, I was determined that each 257 00:12:21,840 --> 00:12:23,720 Speaker 4: day I was going to try to find something to 258 00:12:23,720 --> 00:12:27,240 Speaker 4: better my human condition. And so I saw out people 259 00:12:27,320 --> 00:12:29,559 Speaker 4: who were doing things that I wanted to do. If 260 00:12:29,559 --> 00:12:31,400 Speaker 4: you're the smartest person in the room, you're in the 261 00:12:31,400 --> 00:12:34,079 Speaker 4: wrong room. And so you definitely need to make sure 262 00:12:34,120 --> 00:12:37,440 Speaker 4: you're around people who can can educate you and inspire 263 00:12:37,520 --> 00:12:41,400 Speaker 4: you and support you, and so not just even for 264 00:12:41,520 --> 00:12:45,640 Speaker 4: my financial respective and support you morally and socially and religiously. 265 00:12:45,720 --> 00:12:48,200 Speaker 4: And so I've been blessed to have a group of 266 00:12:48,240 --> 00:12:51,319 Speaker 4: people who travel with me since college at university to 267 00:12:51,760 --> 00:12:55,160 Speaker 4: you know, just being in Atlanta. Were still my barbecue class. 268 00:12:55,160 --> 00:13:00,320 Speaker 4: We still hang out together and we are just We're 269 00:13:00,360 --> 00:13:02,560 Speaker 4: just a group of people who want to be better 270 00:13:02,640 --> 00:13:04,920 Speaker 4: and we know what we aspired to. So while I 271 00:13:04,960 --> 00:13:07,840 Speaker 4: didn't have anybody, and I want people to understand, while 272 00:13:07,880 --> 00:13:10,600 Speaker 4: it hasn't been done in your family before, that should 273 00:13:10,640 --> 00:13:13,559 Speaker 4: even motivate you even more to be a trail based brollizer, 274 00:13:13,679 --> 00:13:16,040 Speaker 4: be the unicorn in your family. I call myself the 275 00:13:16,160 --> 00:13:21,040 Speaker 4: unicorn because it's it represents strength and purity and want 276 00:13:21,080 --> 00:13:24,480 Speaker 4: of a kind uniqueness, and those are the kinds of 277 00:13:24,520 --> 00:13:29,200 Speaker 4: things that I strive to be. Is a trailblazer, Anic 278 00:13:29,600 --> 00:13:30,199 Speaker 4: doesn't dictate. 279 00:13:30,480 --> 00:13:34,040 Speaker 3: Yeah, you know, I'm about to jump through this. This 280 00:13:34,160 --> 00:13:35,600 Speaker 3: my girl, I'm about I'm about to. 281 00:13:35,600 --> 00:13:36,080 Speaker 4: Dive on in. 282 00:13:36,320 --> 00:13:36,640 Speaker 6: I'm in. 283 00:13:36,880 --> 00:13:39,720 Speaker 3: I'm in your fan club. I'm into the attorney ledch 284 00:13:40,040 --> 00:13:43,640 Speaker 3: fan club because of the fact that you know, I 285 00:13:43,720 --> 00:13:46,880 Speaker 3: just love and enjoy people who come on my show 286 00:13:47,320 --> 00:13:50,440 Speaker 3: who just when you know when you get near them, 287 00:13:50,480 --> 00:13:54,360 Speaker 3: you're near a unique thinking person, a very unique thinking person. 288 00:13:55,080 --> 00:13:58,720 Speaker 5: We'll be right back with more Money Making Conversations Masterclass 289 00:13:58,720 --> 00:14:03,600 Speaker 5: with Rashaun McDonald. You are now tuned into the Money 290 00:14:03,600 --> 00:14:07,400 Speaker 5: Making Conversations Minute of Inspiration with Rashaan McDonald. 291 00:14:07,520 --> 00:14:11,880 Speaker 3: Tamauri to star our family Reunion, recall spending years being 292 00:14:11,960 --> 00:14:16,760 Speaker 3: incorrectly treated for her debilitating abdomino pain. This experience inspired 293 00:14:16,800 --> 00:14:19,000 Speaker 3: Tia to sell healthy vitamin supplements. 294 00:14:19,240 --> 00:14:21,880 Speaker 6: I decided to come out with a supplement line called 295 00:14:21,920 --> 00:14:25,880 Speaker 6: Answer to encourage and to inspire women to take back 296 00:14:25,960 --> 00:14:30,000 Speaker 6: in charge of their health. It's called Answer, insinuating you 297 00:14:30,280 --> 00:14:34,200 Speaker 6: are the Answer. And after my surgeries with indometriosis, my 298 00:14:34,280 --> 00:14:36,440 Speaker 6: doctor was like, yo, Tia, there's nothing I can do. 299 00:14:36,560 --> 00:14:38,720 Speaker 6: You kind of have to start looking at your lifestyle. 300 00:14:38,760 --> 00:14:40,760 Speaker 6: And that's exactly what I did, and I want to 301 00:14:40,880 --> 00:14:43,320 Speaker 6: encourage other women and people to do the same. We 302 00:14:43,440 --> 00:14:46,120 Speaker 6: have a women's multi, we have an Elderberry, we have 303 00:14:46,160 --> 00:14:48,800 Speaker 6: a kid's gummy, we have a men's line. We're going 304 00:14:48,840 --> 00:14:53,240 Speaker 6: to be coming out with several other amazing supplements. 305 00:14:53,320 --> 00:14:55,960 Speaker 3: If you want to hear this full interview with Tiamauri, 306 00:14:56,120 --> 00:14:58,240 Speaker 3: visit Moneymakingconversation dot Com. 307 00:14:58,360 --> 00:14:58,880 Speaker 1: Keep winning. 308 00:15:00,840 --> 00:15:05,800 Speaker 5: Now let's return to Money Making Conversations Masterclass with Rashaun McDonald. 309 00:15:06,280 --> 00:15:08,080 Speaker 3: When people have told you no, like you said at 310 00:15:08,080 --> 00:15:10,600 Speaker 3: the beginning of this interview, no, maybe no, but I 311 00:15:10,640 --> 00:15:12,800 Speaker 3: guess what. No, it's not gonna turn me around and 312 00:15:13,080 --> 00:15:16,120 Speaker 3: have bring tears to my eyes. It's gonna tell me 313 00:15:16,520 --> 00:15:18,360 Speaker 3: I got to take it from a different angle to 314 00:15:18,360 --> 00:15:20,120 Speaker 3: get the yes I'm trying to achieve out of his 315 00:15:20,200 --> 00:15:21,720 Speaker 3: relationship fear. 316 00:15:21,840 --> 00:15:22,800 Speaker 1: Let's talk about fear. 317 00:15:22,880 --> 00:15:27,560 Speaker 3: How did you overcome fear in dealing with every day? 318 00:15:27,600 --> 00:15:28,000 Speaker 1: Knows? 319 00:15:29,280 --> 00:15:32,800 Speaker 4: Well? You know, I encounter fear every day. You know, 320 00:15:32,920 --> 00:15:35,760 Speaker 4: things that are new to me, and I always believe 321 00:15:35,800 --> 00:15:38,880 Speaker 4: in transparency. Let's be real. You gonna see things and 322 00:15:39,000 --> 00:15:41,640 Speaker 4: encounter things that you haven't experienced before. So that's going 323 00:15:41,720 --> 00:15:44,240 Speaker 4: to create a little bit of anxiety for you. But 324 00:15:44,280 --> 00:15:47,000 Speaker 4: you got to know that God is to give you 325 00:15:47,040 --> 00:15:49,240 Speaker 4: the spirit of fear. So you have to understand that 326 00:15:49,280 --> 00:15:51,880 Speaker 4: whatever He brings you to, he'll bring you through. And 327 00:15:51,920 --> 00:15:54,240 Speaker 4: so while that door may close, that's because He has 328 00:15:54,280 --> 00:15:57,440 Speaker 4: a better one for you. And that's what happens repeatedly 329 00:15:57,520 --> 00:16:00,800 Speaker 4: as we developed our resort in Dominican re public. We 330 00:16:01,880 --> 00:16:03,960 Speaker 4: did not stop at the fact that we're the only 331 00:16:04,000 --> 00:16:07,200 Speaker 4: African American development firm that was down there developing, and 332 00:16:07,400 --> 00:16:09,440 Speaker 4: so we did not try to just do, oh we 333 00:16:09,480 --> 00:16:12,200 Speaker 4: can we can together do four houses and just build 334 00:16:12,240 --> 00:16:14,600 Speaker 4: it and sit on it for ourselves. We wanted to 335 00:16:14,720 --> 00:16:17,800 Speaker 4: make sure that we create something so when we have 336 00:16:17,960 --> 00:16:21,480 Speaker 4: our conferences and our Manster's venue, we don't have to 337 00:16:21,520 --> 00:16:24,200 Speaker 4: go someplace where we're only welcomed the months out of 338 00:16:24,240 --> 00:16:27,240 Speaker 4: the year and leave thousands of dollars. We can actually 339 00:16:27,280 --> 00:16:30,640 Speaker 4: benefit from the fact that we actually can acquire something. 340 00:16:30,920 --> 00:16:32,800 Speaker 4: We can build a legacy for our families. We can 341 00:16:32,840 --> 00:16:36,360 Speaker 4: have our conferences and conventions. We can recreate a Manster's 342 00:16:36,480 --> 00:16:38,880 Speaker 4: vineyard on our own land and land that was settled 343 00:16:38,880 --> 00:16:40,240 Speaker 4: by apples and by laws. 344 00:16:40,760 --> 00:16:46,000 Speaker 3: I was not mistaken when I said, doctor Lynch, she's 345 00:16:46,040 --> 00:16:50,240 Speaker 3: peddling that medicine, that medicine of inspiration, that medicine of motivation. 346 00:16:50,760 --> 00:16:54,080 Speaker 3: She's the attorney by law, but she's a medicine, she's 347 00:16:54,120 --> 00:16:57,320 Speaker 3: a healer, she's a motivator. Somebody who can go to 348 00:16:57,360 --> 00:17:02,080 Speaker 3: another country and buy one thousand acres in a country's 349 00:17:02,120 --> 00:17:05,359 Speaker 3: dominic in public republic a turn to Lynch, the floor 350 00:17:05,400 --> 00:17:06,120 Speaker 3: is yours. 351 00:17:07,119 --> 00:17:09,200 Speaker 4: Well, thank you again for the opportunity to speak to 352 00:17:09,280 --> 00:17:11,119 Speaker 4: your audiences. Because when I want to do more than 353 00:17:11,119 --> 00:17:14,399 Speaker 4: anything is inspire ourselves get out of our own way. Okay, 354 00:17:15,160 --> 00:17:20,800 Speaker 4: many people say I've been taught buy your home, develop equity, 355 00:17:20,840 --> 00:17:24,160 Speaker 4: pay it off right. That is just not a good 356 00:17:24,160 --> 00:17:27,240 Speaker 4: financial strategy when you're talking about you know, you have 357 00:17:27,600 --> 00:17:30,359 Speaker 4: a million, two hundred, especially in this market, thousands of 358 00:17:30,359 --> 00:17:33,000 Speaker 4: dollars in your home. But you then when you need money, 359 00:17:33,200 --> 00:17:37,000 Speaker 4: you leverage commercial debt where interest rates are hire, et cetera. Certainly, 360 00:17:37,000 --> 00:17:40,160 Speaker 4: don't overprice yourself. Get get there. There is a way 361 00:17:40,200 --> 00:17:43,359 Speaker 4: to attach equity that you have in your home, and 362 00:17:43,840 --> 00:17:45,720 Speaker 4: oh so many other ways where you say, well, look 363 00:17:45,720 --> 00:17:47,640 Speaker 4: I just got a home. I don't have the ability 364 00:17:47,680 --> 00:17:50,200 Speaker 4: to buy abroad and do all this, but you do 365 00:17:50,280 --> 00:17:52,520 Speaker 4: because you have the ability. One. You may have equity 366 00:17:52,520 --> 00:17:55,800 Speaker 4: in your home. You may have assets that are underperforming 367 00:17:55,880 --> 00:17:58,639 Speaker 4: in the stock market. You may have a family or 368 00:17:58,720 --> 00:18:01,399 Speaker 4: people say family office, but we all have familys. We 369 00:18:01,440 --> 00:18:03,440 Speaker 4: have families. We can get together to take a trip 370 00:18:03,520 --> 00:18:05,920 Speaker 4: or spend ten thousand dollars in Marth's vinyard, or to 371 00:18:06,320 --> 00:18:08,600 Speaker 4: get together to get a boy's trip, but we don't 372 00:18:08,600 --> 00:18:12,000 Speaker 4: have ten thousand dollars to pool together to collectively purchase 373 00:18:12,400 --> 00:18:15,639 Speaker 4: our locks. Initially started at fifty thousand, they're now one 374 00:18:15,720 --> 00:18:18,600 Speaker 4: hundred and seventy thousand and a half acre. If someone 375 00:18:18,600 --> 00:18:20,359 Speaker 4: had gotten in there, they could have taken he and 376 00:18:20,400 --> 00:18:23,399 Speaker 4: his boys and gotten a lot and then have an 377 00:18:23,440 --> 00:18:26,280 Speaker 4: opportunity to either flip that at some point and make 378 00:18:26,359 --> 00:18:29,479 Speaker 4: appreciate well above what the market's doing, or to hold 379 00:18:29,480 --> 00:18:31,760 Speaker 4: and have an opportunity to build and build a short 380 00:18:31,840 --> 00:18:35,440 Speaker 4: term rental income where if you're talking about a short 381 00:18:35,520 --> 00:18:38,880 Speaker 4: term airbnb is the binnacular term for it, but it's 382 00:18:38,920 --> 00:18:42,240 Speaker 4: short term rental. If you have that in downtown Atlanta 383 00:18:42,400 --> 00:18:44,400 Speaker 4: or in some places, yes you make one hundred dollars 384 00:18:44,440 --> 00:18:46,679 Speaker 4: a night. But what happens if you have that same 385 00:18:46,920 --> 00:18:51,239 Speaker 4: property in the Dominican Republic Insamana, which is known for 386 00:18:51,320 --> 00:18:54,439 Speaker 4: its being the Martians Vineyard of the dr this area 387 00:18:54,560 --> 00:18:58,920 Speaker 4: that's preserved and reserved for US land with beautiful waterfalls 388 00:18:58,960 --> 00:19:01,160 Speaker 4: and beaches and BURI. So I think, what how much 389 00:19:01,200 --> 00:19:02,600 Speaker 4: you think you can get that for? And then when 390 00:19:02,640 --> 00:19:05,200 Speaker 4: you see a resort that has an eighteen hole golf 391 00:19:05,240 --> 00:19:08,600 Speaker 4: course that has an opportunity to have an amphithea or 392 00:19:08,680 --> 00:19:11,720 Speaker 4: sports facility all that. How much you think you're going 393 00:19:11,800 --> 00:19:14,040 Speaker 4: to get for that a month and can I'm perhaps 394 00:19:14,359 --> 00:19:16,440 Speaker 4: lease that out enough so that I can be able 395 00:19:16,480 --> 00:19:18,360 Speaker 4: to have it pay for itself, pull out a week 396 00:19:18,400 --> 00:19:20,440 Speaker 4: or two when I want a vacation with my family, 397 00:19:20,680 --> 00:19:24,000 Speaker 4: but still have it to create generational wealth. That's the formula, 398 00:19:24,040 --> 00:19:26,680 Speaker 4: because you can get in low enough and we still 399 00:19:26,720 --> 00:19:30,480 Speaker 4: have opportunities not only to buy, but for investment opportunities. 400 00:19:30,520 --> 00:19:33,440 Speaker 4: Because as you indicate it, yes, we've taken down quite 401 00:19:33,480 --> 00:19:36,280 Speaker 4: a bit of property on the contract with and purchased 402 00:19:36,680 --> 00:19:39,160 Speaker 4: various acres of land, but there's so many other key 403 00:19:39,200 --> 00:19:43,280 Speaker 4: parcels that with the right partnerships, we can take down 404 00:19:43,280 --> 00:19:45,879 Speaker 4: that whole region. And so what we are doing is 405 00:19:45,920 --> 00:19:50,320 Speaker 4: being purposeful. The land was originally settled by emancipated Americans 406 00:19:50,320 --> 00:19:53,480 Speaker 4: in eighteen twenty four that settled there. The Dominican government 407 00:19:53,560 --> 00:19:56,760 Speaker 4: has been very receptive to having us there. And even 408 00:19:56,840 --> 00:19:59,600 Speaker 4: those individuals that sold this to the land, they said 409 00:19:59,600 --> 00:20:04,000 Speaker 4: they were coached by other groups. Canadians, are Europeans, various 410 00:20:04,000 --> 00:20:06,480 Speaker 4: other things, and they did not sell to them. They 411 00:20:06,520 --> 00:20:09,080 Speaker 4: said when they when my kind of parts. Sat at 412 00:20:09,080 --> 00:20:11,640 Speaker 4: the table, they said, We've been waiting for you, and 413 00:20:11,720 --> 00:20:15,280 Speaker 4: they wanted to sell to America. There is a connection 414 00:20:15,440 --> 00:20:19,040 Speaker 4: between that community. They're educated there many one of them 415 00:20:19,240 --> 00:20:22,800 Speaker 4: is a judge in King's County, New York and where 416 00:20:22,840 --> 00:20:26,800 Speaker 4: I'm from, and so those original descendants of this land, 417 00:20:26,880 --> 00:20:29,719 Speaker 4: so where they believe in education and so many other things. 418 00:20:29,920 --> 00:20:32,440 Speaker 4: We need to invest our dollars where they want our 419 00:20:32,520 --> 00:20:35,600 Speaker 4: dollars and where we can grow and build generation away. 420 00:20:35,680 --> 00:20:37,400 Speaker 3: You know, it's really important people to hear this because 421 00:20:37,400 --> 00:20:41,000 Speaker 3: it's so difficult the not only just purchase landing in 422 00:20:41,000 --> 00:20:43,480 Speaker 3: the United States, but when you go to another country, 423 00:20:44,200 --> 00:20:46,679 Speaker 3: it's even more difficult. Can you walk through some of 424 00:20:46,680 --> 00:20:48,920 Speaker 3: the steps that you have to go through, the considered 425 00:20:48,960 --> 00:20:51,840 Speaker 3: and some of the paperwork, not to revealing the whole process, 426 00:20:51,960 --> 00:20:53,879 Speaker 3: but I just want people to wrap there. You know, 427 00:20:54,160 --> 00:20:56,280 Speaker 3: you know, you get you get angry upset when you 428 00:20:56,320 --> 00:20:59,160 Speaker 3: see this big, old, thick piece of clothes eyed paperwork 429 00:20:59,200 --> 00:21:01,480 Speaker 3: that you got to sign signing papers and you know 430 00:21:01,640 --> 00:21:02,960 Speaker 3: why you sign it, but you just try to get 431 00:21:02,960 --> 00:21:06,000 Speaker 3: that home. It had to be really mind boggling to 432 00:21:06,040 --> 00:21:08,800 Speaker 3: go into the Dominican Republic, and I'm pretty sure. Your 433 00:21:09,119 --> 00:21:11,439 Speaker 3: acres just kind of grew. You know, you started this 434 00:21:11,560 --> 00:21:14,600 Speaker 3: parcel and then another opportunity is being offered. Did you 435 00:21:14,640 --> 00:21:17,280 Speaker 3: start out nearly a thousand acres or you started with 436 00:21:17,359 --> 00:21:18,880 Speaker 3: a small amount and you start building. 437 00:21:19,640 --> 00:21:22,879 Speaker 4: Absolutely not. We originally had a kind of part that 438 00:21:22,960 --> 00:21:25,840 Speaker 4: had been building forty two condominiums. They still have those, 439 00:21:25,960 --> 00:21:29,000 Speaker 4: they have they've sold out half of that condominium complex. 440 00:21:29,040 --> 00:21:32,760 Speaker 4: So they originally started there. They introduced us to this 441 00:21:32,920 --> 00:21:37,480 Speaker 4: particular expanded land because our kind of parts wanted a 442 00:21:37,520 --> 00:21:39,879 Speaker 4: golf course. They said, look, we need a golf course, 443 00:21:39,520 --> 00:21:42,000 Speaker 4: and it's not a golf course over here. And because 444 00:21:42,040 --> 00:21:45,200 Speaker 4: of that, what you would instinctively say is, look, that's 445 00:21:45,280 --> 00:21:48,000 Speaker 4: kind of a reach, right, we just want these forty 446 00:21:48,000 --> 00:21:51,800 Speaker 4: two condoms rights, right, But what you have to do 447 00:21:51,880 --> 00:21:54,639 Speaker 4: you can't talk yourself out of something, right, because what 448 00:21:54,720 --> 00:21:56,560 Speaker 4: God has for you is for you. And what we 449 00:21:56,560 --> 00:21:59,320 Speaker 4: were able to do is leverage the relationships that we have. 450 00:22:00,200 --> 00:22:02,760 Speaker 4: You want to make sure you have appropriate legal counsel 451 00:22:02,880 --> 00:22:06,159 Speaker 4: on the ground. Don't start doing the underhand and I 452 00:22:06,160 --> 00:22:08,480 Speaker 4: got to pay play. That's not really has that's not 453 00:22:08,560 --> 00:22:10,680 Speaker 4: how it has to be done. Do it right. Make 454 00:22:10,720 --> 00:22:13,479 Speaker 4: sure you have permits. We have permits. We didn't. We 455 00:22:13,600 --> 00:22:17,399 Speaker 4: certainly could have built quickly and sold without permits and 456 00:22:17,440 --> 00:22:19,960 Speaker 4: done our sold with before we even started building. We 457 00:22:20,000 --> 00:22:22,760 Speaker 4: didn't do that. We're doing it the right way. Our 458 00:22:22,960 --> 00:22:26,440 Speaker 4: American developers who are familiar with developing in the US 459 00:22:26,440 --> 00:22:28,560 Speaker 4: and some of my counter process are familiar with developing 460 00:22:28,640 --> 00:22:31,080 Speaker 4: throughout the world. But what we also did is we 461 00:22:31,200 --> 00:22:34,800 Speaker 4: leveraged the relationships of experts right because you know, we 462 00:22:34,840 --> 00:22:37,119 Speaker 4: got to bring back excellence because we as a people 463 00:22:37,200 --> 00:22:40,200 Speaker 4: expect that of ourselves. We're real skeptical of our own 464 00:22:40,280 --> 00:22:42,960 Speaker 4: unfortunately and regrettably, and that also gets in our way. 465 00:22:42,960 --> 00:22:45,600 Speaker 4: But that's another conversation. But what we did is we 466 00:22:45,840 --> 00:22:48,480 Speaker 4: leverage experts who have done it before, who have had 467 00:22:48,560 --> 00:22:52,200 Speaker 4: forty fifty years of resort development. In Lakala, Fiji, our 468 00:22:52,280 --> 00:22:56,040 Speaker 4: design team has developed Red Bull Island for the owner 469 00:22:56,080 --> 00:22:59,080 Speaker 4: of Red Bull. I mean they have five star properties 470 00:22:59,119 --> 00:23:01,000 Speaker 4: under the belt. You get those people, you make sure 471 00:23:01,040 --> 00:23:03,200 Speaker 4: you get the right team. You make sure you have 472 00:23:03,240 --> 00:23:06,119 Speaker 4: appropriate legal counselor. For everything we had in DR, we 473 00:23:06,160 --> 00:23:08,080 Speaker 4: had in the US. So if we had a tax 474 00:23:08,119 --> 00:23:10,439 Speaker 4: advisor in DR, we had a tax divisors were in 475 00:23:10,480 --> 00:23:13,679 Speaker 4: the US. We had a civil engineer in the DR 476 00:23:13,760 --> 00:23:16,720 Speaker 4: We had our civil engineers in the US, and then 477 00:23:16,800 --> 00:23:19,719 Speaker 4: you have them to match up with each other. Make 478 00:23:19,760 --> 00:23:22,360 Speaker 4: sure the standards are that of what we expect as 479 00:23:22,400 --> 00:23:25,119 Speaker 4: Americans as far as the build and you want, you 480 00:23:25,760 --> 00:23:29,399 Speaker 4: make sure that you have you don't rush you know 481 00:23:29,440 --> 00:23:31,679 Speaker 4: the people. That's the thing that I think benefited us, 482 00:23:31,720 --> 00:23:33,959 Speaker 4: these people who have have worked with us. I've been 483 00:23:33,960 --> 00:23:38,280 Speaker 4: a lawyer in Atlanta for thirty years. I've retired, Thank goodness. 484 00:23:38,520 --> 00:23:43,080 Speaker 4: I've retired because I got tired of tearing down things, mergers, acquisitions, families, 485 00:23:43,119 --> 00:23:45,480 Speaker 4: those sorts of things. And now I'm building. And so 486 00:23:45,600 --> 00:23:47,760 Speaker 4: this is the place that I can wrap my head 487 00:23:47,800 --> 00:23:51,400 Speaker 4: and my faith around because I'm building something that that 488 00:23:51,480 --> 00:23:52,480 Speaker 4: builds up families. 489 00:23:53,480 --> 00:23:56,480 Speaker 3: Somebody jumped on the line or like you gotta find 490 00:23:56,600 --> 00:23:59,040 Speaker 3: up here, attorney LEDs Okay, and I want to just 491 00:23:59,119 --> 00:24:01,440 Speaker 3: point that out. This is an all black investment group 492 00:24:01,480 --> 00:24:02,800 Speaker 3: that's involved in this purchase. 493 00:24:02,800 --> 00:24:03,159 Speaker 1: Correct. 494 00:24:03,920 --> 00:24:07,080 Speaker 4: Yes, we're We're a bunch of developers that have actually 495 00:24:07,119 --> 00:24:10,600 Speaker 4: developed many properties like my my property, downtown Atlanta, Signature 496 00:24:10,640 --> 00:24:14,040 Speaker 4: Atlanta that mix use communities coming out. We're building here, 497 00:24:14,040 --> 00:24:18,720 Speaker 4: We're building there. We have we congratulations and la property. 498 00:24:18,840 --> 00:24:22,080 Speaker 3: Yes, Diva, you're on the line here speaking to ra 499 00:24:22,160 --> 00:24:25,080 Speaker 3: Sean mcdonaland Money Making Conversation master Class, as well as 500 00:24:25,080 --> 00:24:26,200 Speaker 3: the turn Oh. 501 00:24:26,040 --> 00:24:28,520 Speaker 7: Yes, yes, yes, yes, yes yes. How are we doing? 502 00:24:28,600 --> 00:24:30,720 Speaker 7: How are we doing? God bless sto blessed. 503 00:24:31,560 --> 00:24:31,879 Speaker 5: Wow. 504 00:24:32,119 --> 00:24:36,560 Speaker 7: I'mlike super super excited. Rashaan, thank you so much. I 505 00:24:36,640 --> 00:24:39,040 Speaker 7: love your show. I've been listening to you for about 506 00:24:39,200 --> 00:24:43,280 Speaker 7: two years now. I've learned so much from you and 507 00:24:43,320 --> 00:24:48,080 Speaker 7: your guests. God bless you. I appreciate you and doctor Lynch. Oh, 508 00:24:48,200 --> 00:24:51,520 Speaker 7: miss lady, and let me tell you this is Today 509 00:24:51,800 --> 00:24:55,680 Speaker 7: has been a day that I've been getting confirmation. First 510 00:24:55,680 --> 00:24:59,400 Speaker 7: of all, I'm gonna go be bake investors. I am 511 00:24:59,640 --> 00:25:04,160 Speaker 7: still okay keeping it transparent. I'm new, but I've been 512 00:25:04,359 --> 00:25:07,640 Speaker 7: dabbling over twenty years, Okay, I look forward to twenty 513 00:25:07,680 --> 00:25:11,240 Speaker 7: years and right now I have my company and my 514 00:25:11,320 --> 00:25:15,760 Speaker 7: business my LLC is called Breakthroing Overflow, and I want 515 00:25:15,840 --> 00:25:23,200 Speaker 7: to invest in and develop homes, push group homes for 516 00:25:23,359 --> 00:25:26,760 Speaker 7: group homes to get back. I'm a veteran, I've been homeless. 517 00:25:26,800 --> 00:25:29,240 Speaker 7: But really, what I would like to do, I really 518 00:25:29,480 --> 00:25:33,919 Speaker 7: would love to know as a as a new investor 519 00:25:34,160 --> 00:25:37,199 Speaker 7: and doing what you're doing. I actually just invested in 520 00:25:37,200 --> 00:25:42,480 Speaker 7: my first true investment property in Panama and wherever I 521 00:25:42,600 --> 00:25:45,320 Speaker 7: go going up kindam I have a beachfront condo. So 522 00:25:45,560 --> 00:25:48,440 Speaker 7: like how you're saying, I used my home. I bought 523 00:25:48,480 --> 00:25:51,120 Speaker 7: my home in twenty twenty one and I was able 524 00:25:51,160 --> 00:25:53,560 Speaker 7: to use my equity with you know where everything went up, 525 00:25:53,720 --> 00:25:57,600 Speaker 7: use that equity to invest and get my rental property. 526 00:25:58,000 --> 00:26:01,080 Speaker 7: So that's been a lifelong dream. And also you know 527 00:26:01,240 --> 00:26:04,879 Speaker 7: it would be invest and everything. But I'm all about 528 00:26:04,960 --> 00:26:08,880 Speaker 7: giving back, and so I really love the whole philosophy 529 00:26:09,080 --> 00:26:11,920 Speaker 7: of what you're doing, a whole concept of what you're doing. 530 00:26:12,440 --> 00:26:18,840 Speaker 7: And I really truly am looking for a mentor. And 531 00:26:18,920 --> 00:26:20,119 Speaker 7: I know that's a lot you. 532 00:26:20,200 --> 00:26:24,960 Speaker 1: Knows, now. 533 00:26:26,440 --> 00:26:26,639 Speaker 3: You know. 534 00:26:27,280 --> 00:26:29,800 Speaker 4: Well, let me say this. Let me say first, thank 535 00:26:29,840 --> 00:26:32,120 Speaker 4: you for your service. I'm a former Navy jack myself, 536 00:26:32,119 --> 00:26:34,760 Speaker 4: so I appreciate your service. I like the fact that 537 00:26:34,840 --> 00:26:37,800 Speaker 4: you understood that there was a better use for your 538 00:26:37,840 --> 00:26:40,400 Speaker 4: equity than sitting it in your home and leaving it there. 539 00:26:40,680 --> 00:26:44,160 Speaker 4: The interest rates that are associated with certainly the last 540 00:26:44,160 --> 00:26:48,160 Speaker 4: couple of years, with interests associated with your home equity 541 00:26:48,600 --> 00:26:50,800 Speaker 4: is far lower than commercial debt that you can get. 542 00:26:51,080 --> 00:26:54,560 Speaker 4: It's more accessible, but even with the increase in interest rates, 543 00:26:54,560 --> 00:26:56,760 Speaker 4: it still are far out pacing a lot of other 544 00:26:57,119 --> 00:26:59,920 Speaker 4: commercial debt, family offices, various other ways that you may 545 00:27:00,119 --> 00:27:02,760 Speaker 4: have to use to finance a second home or an 546 00:27:02,800 --> 00:27:05,760 Speaker 4: investment property. But one of the things I like is 547 00:27:05,960 --> 00:27:08,600 Speaker 4: you said you're new. But that's that's the beauty of it, 548 00:27:08,680 --> 00:27:11,159 Speaker 4: because what you're doing is you're listening to people like 549 00:27:11,440 --> 00:27:15,280 Speaker 4: money making conversations. You're investing in yourself when you're actually 550 00:27:16,119 --> 00:27:18,600 Speaker 4: learning the trade. Right, So you're not just saying I'm 551 00:27:18,600 --> 00:27:20,000 Speaker 4: just gonna go out there. You got to learn the 552 00:27:20,080 --> 00:27:22,679 Speaker 4: business that you're in. Be willing to educate yourself, be 553 00:27:22,800 --> 00:27:25,200 Speaker 4: willing to stop surround yours And the fact that you're 554 00:27:25,200 --> 00:27:28,800 Speaker 4: asking for a mentor tells me that you're willing to grow. 555 00:27:28,840 --> 00:27:31,479 Speaker 4: And that's what I needed at my time when I started, 556 00:27:31,520 --> 00:27:34,080 Speaker 4: and what and all of us continue to need. You 557 00:27:34,119 --> 00:27:37,120 Speaker 4: want to surround yourself with people who use doing it. 558 00:27:37,359 --> 00:27:40,320 Speaker 4: And so you're in your mindset is excellent and that 559 00:27:40,640 --> 00:27:43,479 Speaker 4: there's nothing wrong with being new. It's only wrong when 560 00:27:43,520 --> 00:27:46,000 Speaker 4: you be new, and you just rest in that, Oh 561 00:27:46,040 --> 00:27:49,480 Speaker 4: I'm new, so I'm gonna no learn, be around people, 562 00:27:49,600 --> 00:27:52,040 Speaker 4: figure it out. You already made the first step by 563 00:27:52,200 --> 00:27:53,920 Speaker 4: accessing some of your capital and your home. 564 00:27:54,080 --> 00:27:56,280 Speaker 3: Okay, turn Lynch, How can I get in touch with you? 565 00:27:56,359 --> 00:27:58,879 Speaker 3: What is the website? Can you give that information? Because 566 00:27:58,920 --> 00:28:00,879 Speaker 3: I'm gonna be honest with you. I do a lot 567 00:28:00,960 --> 00:28:04,679 Speaker 3: of these interviews and your your tone, your your your 568 00:28:04,960 --> 00:28:10,040 Speaker 3: your cadence, your honesty, your history. You want of these people, 569 00:28:10,200 --> 00:28:12,280 Speaker 3: Just google her, Just google her name. You'll see the 570 00:28:12,280 --> 00:28:15,400 Speaker 3: credibility of this conversation and the legitimacy of what we're 571 00:28:15,400 --> 00:28:18,200 Speaker 3: trying to do on Money Making Conversation Masterclass. How can 572 00:28:18,240 --> 00:28:19,880 Speaker 3: we reach out to you? And what is the website 573 00:28:19,880 --> 00:28:22,720 Speaker 3: for the for the golf resort in the Dominican Republic. 574 00:28:23,080 --> 00:28:26,240 Speaker 4: You can connect with me personally at Thediana Lynch dot 575 00:28:26,280 --> 00:28:28,960 Speaker 4: com the d I A n A L y n 576 00:28:29,040 --> 00:28:31,680 Speaker 4: c h dot com. It does list the two projects 577 00:28:31,720 --> 00:28:34,159 Speaker 4: that I have going on in Atlanta and in the 578 00:28:34,160 --> 00:28:38,280 Speaker 4: Dominican Republic. The direct website and all all social media 579 00:28:38,360 --> 00:28:41,760 Speaker 4: platforms for the resort the golfers are in the Dominican 580 00:28:41,800 --> 00:28:52,160 Speaker 4: Republic is Almadisamana dot com. 581 00:28:52,280 --> 00:28:54,640 Speaker 5: Thank you for joining us for this edition of Money 582 00:28:54,640 --> 00:29:00,200 Speaker 5: Making Conversations Masterclass Money Making Conversations. Masterclass with Your John 583 00:29:00,280 --> 00:29:03,960 Speaker 5: McDonald is produced by thirty eight fifteen Media Inc. More 584 00:29:04,000 --> 00:29:07,880 Speaker 5: information about thirty eight fifteen Media Inc. Is available at 585 00:29:07,880 --> 00:29:11,840 Speaker 5: thirty eight fifteen media dot com. And always remember to 586 00:29:12,000 --> 00:29:13,080 Speaker 5: lead with your gifts.