1 00:00:00,160 --> 00:00:03,760 Speaker 1: Welcome, Welcome, Hi. I'm Rushan McDonald, our host this weekly 2 00:00:03,840 --> 00:00:07,920 Speaker 1: Money Making Conversation Masterclass show. The interviews and information that 3 00:00:08,000 --> 00:00:11,320 Speaker 1: this show provides are for everyone that includes you. Like 4 00:00:11,400 --> 00:00:14,360 Speaker 1: I said many many times, it's time to start reading 5 00:00:14,440 --> 00:00:17,759 Speaker 1: other people's success stories and start living your own. Build 6 00:00:17,840 --> 00:00:21,400 Speaker 1: your story, work your story, become your story. If you 7 00:00:21,440 --> 00:00:23,600 Speaker 1: want to be a guest on my show, please visit 8 00:00:23,680 --> 00:00:28,440 Speaker 1: our website, Moneymakingconversations dot com and click the be a 9 00:00:28,480 --> 00:00:32,080 Speaker 1: Guest button. Let's get this show started. My guest received 10 00:00:32,120 --> 00:00:36,360 Speaker 1: her bachelor's degree from Georgia State University and a jurist 11 00:00:36,880 --> 00:00:40,520 Speaker 1: doctor degree from Florida A and M University College of Law. 12 00:00:40,880 --> 00:00:44,720 Speaker 1: Fam you, she's a rattler. Her law firm practices everything 13 00:00:44,880 --> 00:00:49,120 Speaker 1: from real estate law and state planning, probate and business 14 00:00:49,120 --> 00:00:52,680 Speaker 1: and contract law. That's a lot of stuff and I 15 00:00:52,720 --> 00:00:54,120 Speaker 1: had to bring on the show. This is not the 16 00:00:54,160 --> 00:00:56,360 Speaker 1: first time I've interviewed it, but she hit me with 17 00:00:56,400 --> 00:00:58,880 Speaker 1: so much great advice I wanted to share with my 18 00:00:58,960 --> 00:01:02,280 Speaker 1: audience and on a bigger platform. Please Welcome to Money 19 00:01:02,320 --> 00:01:07,440 Speaker 1: Making Conversations Masterclass. Attorney Diane Claire. How you doing, Attorney Claire. 20 00:01:08,200 --> 00:01:10,679 Speaker 2: I'm doing well. Thank you so much for having me. 21 00:01:11,040 --> 00:01:13,960 Speaker 1: Well, I know that one thing I forgot to mention 22 00:01:14,040 --> 00:01:18,120 Speaker 1: that you also teach real estate law at Kennansas State University. 23 00:01:18,160 --> 00:01:21,720 Speaker 2: Correct, I do. I'm a professor at Kennesas State. 24 00:01:22,640 --> 00:01:24,760 Speaker 1: That's a lot. Now you're pretty busy. Now I just 25 00:01:24,840 --> 00:01:28,600 Speaker 1: mentioned I mentioned real estate law and state planning and 26 00:01:28,680 --> 00:01:34,319 Speaker 1: probabe business and contract law, and then your profession I 27 00:01:34,319 --> 00:01:38,319 Speaker 1: feel is under a marketing and branding attack because every 28 00:01:38,319 --> 00:01:41,440 Speaker 1: time I turn on the radio, I hear somebody blasting 29 00:01:41,520 --> 00:01:44,199 Speaker 1: about I can get you can get hit hob truck, 30 00:01:44,480 --> 00:01:46,680 Speaker 1: if you get hit, you fall out of an airplane, 31 00:01:46,959 --> 00:01:49,000 Speaker 1: you can get run over by a motorcycle, if you 32 00:01:49,000 --> 00:01:51,280 Speaker 1: walk across the street and slip, I can get your money. 33 00:01:51,320 --> 00:01:53,120 Speaker 1: I can get your money. I can get your money. 34 00:01:53,440 --> 00:01:59,200 Speaker 1: Now you're the esteem person graduate. Did you expect this 35 00:01:59,800 --> 00:02:02,840 Speaker 1: to your law professors tell you that this is what 36 00:02:02,880 --> 00:02:05,320 Speaker 1: you're going to be walking into. This is the profession 37 00:02:05,440 --> 00:02:09,000 Speaker 1: this craft has become. Or I'm being over by Am 38 00:02:09,000 --> 00:02:11,760 Speaker 1: I over exaggerating the matter? Please your thoughts. 39 00:02:12,800 --> 00:02:15,919 Speaker 2: No, you're not over exaggerating. And that type of law 40 00:02:15,960 --> 00:02:19,639 Speaker 2: person injury law is only one aspect, but you can 41 00:02:19,760 --> 00:02:22,920 Speaker 2: hire lawyers for way more and we can assist you 42 00:02:22,960 --> 00:02:26,560 Speaker 2: in way more so trying to pay such close attention 43 00:02:26,600 --> 00:02:26,800 Speaker 2: to the. 44 00:02:26,760 --> 00:02:31,080 Speaker 1: Commercial, but they are dominating that I can't miss them. 45 00:02:31,160 --> 00:02:33,440 Speaker 1: I can't miss them. Now, let's talk about you here, 46 00:02:33,800 --> 00:02:37,120 Speaker 1: because you know, like the medical profession, there are a 47 00:02:37,120 --> 00:02:39,920 Speaker 1: lot of people out there that they become Googling doctors. 48 00:02:39,960 --> 00:02:41,679 Speaker 1: They just go on the Internet and try to cure 49 00:02:41,720 --> 00:02:46,120 Speaker 1: themselves by just reading stuff they read online. How is 50 00:02:46,160 --> 00:02:48,560 Speaker 1: that happening in the law profession, people just trying to 51 00:02:48,560 --> 00:02:52,320 Speaker 1: get google legal advice online and try to sidestep lawyers. 52 00:02:53,880 --> 00:02:58,320 Speaker 2: Yes, absolutely, it happens way too often, especially in my field, 53 00:02:58,360 --> 00:02:59,680 Speaker 2: which is you know, I do a lot of real 54 00:02:59,800 --> 00:03:02,360 Speaker 2: estate as well as the state planning law. So I 55 00:03:02,480 --> 00:03:07,280 Speaker 2: find people that are going online and trying to create 56 00:03:07,320 --> 00:03:10,920 Speaker 2: their own wills and trust on legal Zoom. And you 57 00:03:11,120 --> 00:03:14,040 Speaker 2: want to get a professional to do that type of stuff. 58 00:03:14,080 --> 00:03:17,680 Speaker 2: And I've been practicing law now for a little over 59 00:03:17,760 --> 00:03:20,480 Speaker 2: ten years, and so you want to get someone who 60 00:03:20,560 --> 00:03:23,280 Speaker 2: has a good amount of experience and know what they're doing. 61 00:03:24,000 --> 00:03:26,280 Speaker 2: Don't reference to the people that are on social media 62 00:03:26,320 --> 00:03:29,200 Speaker 2: as well, who are telling you this is how you 63 00:03:29,240 --> 00:03:32,520 Speaker 2: invest in real estate, because they're not lawyers, and they 64 00:03:32,520 --> 00:03:34,680 Speaker 2: may not know exactly what they're talking about. 65 00:03:35,240 --> 00:03:38,360 Speaker 1: So now does that lean itself into that whole conversation 66 00:03:38,400 --> 00:03:42,080 Speaker 1: about AI is AI and becoming a part of the 67 00:03:42,160 --> 00:03:44,800 Speaker 1: legal game where people are turning the AI and chat 68 00:03:44,840 --> 00:03:49,560 Speaker 1: GPT for platforms and that they feel that can lead 69 00:03:49,600 --> 00:03:51,720 Speaker 1: them in the right direction and bypass lawyers. 70 00:03:53,360 --> 00:03:58,320 Speaker 2: Absolutely, people are using AI. They're googling stuff. Even now Google, 71 00:03:58,520 --> 00:04:01,800 Speaker 2: if you google something, it has an AI bot that'll 72 00:04:02,040 --> 00:04:05,200 Speaker 2: answer your question before it even gets to the real 73 00:04:05,280 --> 00:04:10,120 Speaker 2: websites that you're looking for. So AI is not really 74 00:04:10,160 --> 00:04:13,400 Speaker 2: something you want to trust, even if lawyers have gotten 75 00:04:13,440 --> 00:04:16,839 Speaker 2: in trouble for using it. It creates and makes up stuff. 76 00:04:16,920 --> 00:04:19,080 Speaker 1: Yeah, right, So because that's why I wanted to bring 77 00:04:19,160 --> 00:04:21,320 Speaker 1: you on, because there's so many things that we're doing. 78 00:04:21,720 --> 00:04:24,760 Speaker 1: I call them quick fixes. You know, you can it's 79 00:04:24,880 --> 00:04:27,599 Speaker 1: you know, basically it's free. You know, if you internet, 80 00:04:27,720 --> 00:04:30,440 Speaker 1: you go online, you can just type in something through 81 00:04:30,480 --> 00:04:33,160 Speaker 1: your browser on your phone or your app and things 82 00:04:33,200 --> 00:04:35,400 Speaker 1: like that. But that doesn't necessarily mean that that's the 83 00:04:35,480 --> 00:04:38,360 Speaker 1: correct information. Now, if you had to give somebody some advice, 84 00:04:38,400 --> 00:04:40,640 Speaker 1: who's doing that? Where would you tell. 85 00:04:40,520 --> 00:04:41,000 Speaker 2: Them to go? 86 00:04:41,480 --> 00:04:44,880 Speaker 1: Besides you as a brand of seeking that type of 87 00:04:44,920 --> 00:04:49,120 Speaker 1: level legal advice that's necessary that will not be creating 88 00:04:49,160 --> 00:04:50,359 Speaker 1: problems down the line. 89 00:04:51,600 --> 00:04:55,039 Speaker 2: You want to book a consultation with an attorney, you 90 00:04:55,080 --> 00:04:57,359 Speaker 2: want to do your research and make sure that attorney 91 00:04:57,560 --> 00:04:59,960 Speaker 2: is in that field of law. 92 00:05:00,000 --> 00:05:00,120 Speaker 3: Well. 93 00:05:02,080 --> 00:05:05,520 Speaker 2: For instance, I help entrepreneurs a lot. I help people 94 00:05:05,720 --> 00:05:10,159 Speaker 2: with setting up their businesses and also getting involved in 95 00:05:10,160 --> 00:05:13,240 Speaker 2: investing in real estate. And so you want to make sure, 96 00:05:13,320 --> 00:05:15,599 Speaker 2: for instance, in bast your goal, you want to hire 97 00:05:16,200 --> 00:05:19,560 Speaker 2: a real estate attorney or something specializes in that to 98 00:05:19,680 --> 00:05:21,960 Speaker 2: make sure that they know how to advise you properly. 99 00:05:22,240 --> 00:05:24,800 Speaker 1: Now, you said this a couple of times, getting involved 100 00:05:24,839 --> 00:05:26,800 Speaker 1: and investing in real estate. What do you mean when 101 00:05:26,839 --> 00:05:29,360 Speaker 1: you say that? Are you saying that there's an approach 102 00:05:29,640 --> 00:05:33,360 Speaker 1: that you can assist or point people do right direction 103 00:05:33,720 --> 00:05:36,040 Speaker 1: where they can get involved in real estate investments. 104 00:05:37,760 --> 00:05:41,240 Speaker 2: Yes, so a lot of my clientele are real estate investors. 105 00:05:41,360 --> 00:05:45,120 Speaker 2: I help people get into this business from start to finish. 106 00:05:45,160 --> 00:05:48,240 Speaker 2: So if you're out there and you want to quit 107 00:05:48,279 --> 00:05:50,800 Speaker 2: your nine to five job, you want to invest. You 108 00:05:50,880 --> 00:05:56,159 Speaker 2: want to build that real estate portfolio and pass it 109 00:05:56,200 --> 00:05:59,520 Speaker 2: on down their future generations. That is what I do. 110 00:05:59,600 --> 00:06:03,159 Speaker 2: I hope people get started in that because a lot 111 00:06:03,200 --> 00:06:05,360 Speaker 2: of times people don't know where to start, they don't 112 00:06:05,400 --> 00:06:09,080 Speaker 2: know how to start. And then number two, they don't 113 00:06:09,080 --> 00:06:13,320 Speaker 2: have the right legal guide or legal expertise to help 114 00:06:13,320 --> 00:06:15,640 Speaker 2: them once they get into it, because you do end 115 00:06:15,680 --> 00:06:17,720 Speaker 2: up being a lawyer for a lot of things when 116 00:06:17,760 --> 00:06:18,719 Speaker 2: it comes to real estate. 117 00:06:19,640 --> 00:06:25,000 Speaker 1: Okay, now you got my My hand's raised. Now you 118 00:06:25,040 --> 00:06:28,400 Speaker 1: can't see it, but it's in the air. What's my 119 00:06:28,560 --> 00:06:30,920 Speaker 1: next step? If I call you because you said you 120 00:06:31,000 --> 00:06:34,599 Speaker 1: can help me get into invest in real estate, how 121 00:06:34,600 --> 00:06:36,840 Speaker 1: do I go about that? And how much money do 122 00:06:36,920 --> 00:06:40,360 Speaker 1: I need? Do I need like ten fifty, one hundred 123 00:06:40,360 --> 00:06:43,760 Speaker 1: thousand or they're cut off points where one needs to 124 00:06:44,640 --> 00:06:49,840 Speaker 1: approach this whole thing. How does one start? Attorney Claire, So. 125 00:06:49,760 --> 00:06:51,599 Speaker 2: The first thing I'm going to ask you is do 126 00:06:51,640 --> 00:06:55,840 Speaker 2: you already have your business register it filed? Incorporate it 127 00:06:56,120 --> 00:06:59,599 Speaker 2: because you've got to do that first because you cannot 128 00:06:59,600 --> 00:07:03,839 Speaker 2: invest your personal name. Nothing should be owning your personal name. 129 00:07:04,120 --> 00:07:07,400 Speaker 2: So that's number number one. If not, I'm going to 130 00:07:07,480 --> 00:07:08,880 Speaker 2: help you set up your business entity. 131 00:07:09,080 --> 00:07:15,680 Speaker 1: Okay, cool, So setting up a business company a company, LLC, incorporation, incorporated, 132 00:07:15,960 --> 00:07:19,240 Speaker 1: uh ES Corp, or C corp. Those are the type 133 00:07:19,280 --> 00:07:21,720 Speaker 1: of things that you recognized as a business. 134 00:07:22,680 --> 00:07:26,040 Speaker 2: Absolutely, either an LLC or corporation or some type of 135 00:07:26,080 --> 00:07:29,520 Speaker 2: business entity. Okay, then I'm gonna I'm gonna I am 136 00:07:29,520 --> 00:07:31,280 Speaker 2: gonna ask you, you know, how much money do you 137 00:07:31,400 --> 00:07:33,680 Speaker 2: have to invest? Now? You don't have to have a lot. 138 00:07:33,760 --> 00:07:36,280 Speaker 2: A lot of people have that misconception that you have 139 00:07:36,320 --> 00:07:38,720 Speaker 2: to have a lot of money to start investing in 140 00:07:38,760 --> 00:07:41,200 Speaker 2: real estate, and that's not true because there's so many 141 00:07:41,240 --> 00:07:45,680 Speaker 2: different ways you can invest in real estate. So if 142 00:07:45,720 --> 00:07:48,080 Speaker 2: you want to start small, for instance, you can start 143 00:07:48,080 --> 00:07:51,440 Speaker 2: with just investing in tax LANs and tax deeds. 144 00:07:52,760 --> 00:07:56,800 Speaker 1: And then from what exactly is that, Attorney Claire, because 145 00:07:56,960 --> 00:07:59,040 Speaker 1: that's something you know about, but I've never heard of that. 146 00:07:59,480 --> 00:08:00,840 Speaker 1: What is that that you. 147 00:08:00,880 --> 00:08:06,120 Speaker 2: Just referenced, So it's two different things. So a tax lien, 148 00:08:06,200 --> 00:08:10,240 Speaker 2: for instance, happens when a homeowner doesn't pay their their 149 00:08:10,280 --> 00:08:14,680 Speaker 2: property okay, and then the county will place a lien 150 00:08:14,800 --> 00:08:18,080 Speaker 2: for that amount. Those liens can be usually there's going 151 00:08:18,160 --> 00:08:21,400 Speaker 2: to be like a couple hundred dollars. So you can, 152 00:08:21,440 --> 00:08:25,000 Speaker 2: for instance, purchase that lian. Now you have an interest 153 00:08:25,040 --> 00:08:29,240 Speaker 2: in the property, and if the owner wants to get 154 00:08:29,240 --> 00:08:31,440 Speaker 2: that lian removed from their property, they have to come 155 00:08:31,480 --> 00:08:35,920 Speaker 2: back and pay you that money plus interest. So that's 156 00:08:35,920 --> 00:08:38,040 Speaker 2: a quick way to make money with tax lims. Then 157 00:08:38,080 --> 00:08:42,720 Speaker 2: there's tax deeds, which is when the county forecloses on 158 00:08:42,760 --> 00:08:48,280 Speaker 2: your property for not paying those tax liens. That is 159 00:08:48,320 --> 00:08:52,040 Speaker 2: when you actually are purchasing that property on a tax 160 00:08:52,040 --> 00:08:57,480 Speaker 2: for closure sale. So that's a whole other way to 161 00:08:57,520 --> 00:09:01,480 Speaker 2: get started. And those are maybe like a couple, so 162 00:09:01,559 --> 00:09:03,880 Speaker 2: you can start there. It can start small and then 163 00:09:04,000 --> 00:09:08,880 Speaker 2: start investing from there in you know, mortgage foreclosures, or 164 00:09:08,920 --> 00:09:12,200 Speaker 2: even do fix and flips or rehab properties and do 165 00:09:12,280 --> 00:09:13,559 Speaker 2: rental properties from there. 166 00:09:14,360 --> 00:09:17,040 Speaker 1: I have never heard of this in my life. So 167 00:09:17,080 --> 00:09:20,480 Speaker 1: you're saying that one can start a company and then 168 00:09:20,520 --> 00:09:24,880 Speaker 1: they can start with lins and they find out here's 169 00:09:24,880 --> 00:09:27,360 Speaker 1: some list that you are aware of that you can 170 00:09:27,400 --> 00:09:29,679 Speaker 1: go say look these people or leaning you go and 171 00:09:29,720 --> 00:09:32,080 Speaker 1: pay for that lian. Now you have an investment in 172 00:09:32,160 --> 00:09:35,000 Speaker 1: that property. If that person wants to get that lien off, 173 00:09:35,000 --> 00:09:36,840 Speaker 1: they got to come to you, pay you in a 174 00:09:36,840 --> 00:09:39,760 Speaker 1: little extra fee for that. Then you have people who 175 00:09:40,160 --> 00:09:43,040 Speaker 1: have been property have been repolled. Then you can go 176 00:09:43,120 --> 00:09:46,199 Speaker 1: and get that property at a discount, turn around and 177 00:09:46,280 --> 00:09:48,760 Speaker 1: either sell it as is or you can flip it, 178 00:09:49,000 --> 00:09:51,920 Speaker 1: which means upgrade the property. And then you said, in 179 00:09:51,960 --> 00:09:54,440 Speaker 1: other words, probate. Did you not say probate. 180 00:09:57,520 --> 00:10:01,400 Speaker 2: Yes, I also do probate law. That's not what I'm 181 00:10:01,400 --> 00:10:03,560 Speaker 2: talking about when I'm talking about investing in real estate. 182 00:10:03,640 --> 00:10:06,720 Speaker 1: Okay, cool, Okay. Now is this a popular business that 183 00:10:06,760 --> 00:10:09,559 Speaker 1: people are doing or it's just something that you are 184 00:10:09,600 --> 00:10:12,480 Speaker 1: aware of? That's a real niche because it feels like 185 00:10:12,520 --> 00:10:15,480 Speaker 1: this is a business that if you if you're smart, 186 00:10:15,559 --> 00:10:18,400 Speaker 1: you have time, you have the right legal team. That 187 00:10:18,600 --> 00:10:21,200 Speaker 1: is something that can Like you said, this is property 188 00:10:21,240 --> 00:10:23,360 Speaker 1: you own. I always tell people, you know, God only 189 00:10:23,400 --> 00:10:26,200 Speaker 1: made land and he's not making no more. So when 190 00:10:26,200 --> 00:10:28,880 Speaker 1: you buy it, you own something very unique. And that's 191 00:10:28,920 --> 00:10:31,760 Speaker 1: what you call building a legacy. Am I correct when 192 00:10:31,800 --> 00:10:32,720 Speaker 1: I make those statements? 193 00:10:34,080 --> 00:10:37,880 Speaker 2: Yes, that is true. That is very true. And real 194 00:10:37,960 --> 00:10:41,400 Speaker 2: estate is something that is the best thing to invest 195 00:10:41,440 --> 00:10:46,040 Speaker 2: in and pass down to future generations because it's not 196 00:10:46,120 --> 00:10:48,920 Speaker 2: fluctuating like the stock market. You know, one day the 197 00:10:48,960 --> 00:10:52,520 Speaker 2: stock market can be up, next minute is down. Typically 198 00:10:52,720 --> 00:10:55,720 Speaker 2: real estate is going to be something that always increases 199 00:10:55,760 --> 00:10:59,760 Speaker 2: in value. And so that's why it's the best thing 200 00:10:59,800 --> 00:11:02,439 Speaker 2: to invest in if you want to get that financial 201 00:11:02,480 --> 00:11:05,280 Speaker 2: freedom and build that wealth then to pass down to 202 00:11:05,320 --> 00:11:06,520 Speaker 2: future generations. 203 00:11:06,679 --> 00:11:09,600 Speaker 1: Okay, so here's ruseean McDonald. I'm just using me as 204 00:11:09,600 --> 00:11:12,280 Speaker 1: an example. I come in, I contact you, attorney Claire, 205 00:11:12,320 --> 00:11:14,600 Speaker 1: I say I want to I want a consultation, and 206 00:11:14,640 --> 00:11:17,320 Speaker 1: then I tell you, look, I have I already have 207 00:11:17,360 --> 00:11:21,439 Speaker 1: a business set up that I can use as dedicated 208 00:11:21,520 --> 00:11:24,080 Speaker 1: for this real estate. Correct. It can't be like a mix. 209 00:11:24,559 --> 00:11:28,160 Speaker 1: This has to be dedicated specifically for real estate and investment. 210 00:11:28,200 --> 00:11:33,320 Speaker 2: Correct, it's preferred. Yes, that is designated for real estate. 211 00:11:33,440 --> 00:11:36,319 Speaker 1: Okay, cool? And then what's my next step? Is there 212 00:11:36,360 --> 00:11:38,320 Speaker 1: a sheet? Is there some places I go and bid 213 00:11:38,360 --> 00:11:41,080 Speaker 1: on properties? How does this work? Because I'm kind of 214 00:11:41,120 --> 00:11:44,040 Speaker 1: confused because you have a lot of information and I 215 00:11:44,040 --> 00:11:45,800 Speaker 1: don't want to give it away on the air for free, 216 00:11:46,120 --> 00:11:48,800 Speaker 1: because you're just doing because you want people to come 217 00:11:48,800 --> 00:11:50,840 Speaker 1: into your office. But what are some of the steps? 218 00:11:50,840 --> 00:11:53,439 Speaker 1: Are there places we go and bid on homes or 219 00:11:53,480 --> 00:11:56,400 Speaker 1: the places you go and you look up stuff in 220 00:11:56,440 --> 00:11:57,920 Speaker 1: your office? How does that work? 221 00:11:59,200 --> 00:12:01,640 Speaker 2: So there are places that you go to bid on homes. 222 00:12:01,640 --> 00:12:07,200 Speaker 2: There is a list each county hosts this list every month. 223 00:12:07,880 --> 00:12:11,120 Speaker 2: Now I go over all of this in my real 224 00:12:11,200 --> 00:12:14,439 Speaker 2: Estate Investing Masterclass, which is you can purchase it on 225 00:12:14,520 --> 00:12:18,959 Speaker 2: my website, the Clayfirm dot com and it it literally 226 00:12:19,000 --> 00:12:23,000 Speaker 2: goes from the beginning from registering your entity different types 227 00:12:23,040 --> 00:12:26,520 Speaker 2: of industries you can register to invest in real estate, 228 00:12:27,080 --> 00:12:30,559 Speaker 2: all the way to the different type of investments and 229 00:12:30,679 --> 00:12:34,000 Speaker 2: those over lenders because there are people, there are lenders 230 00:12:34,040 --> 00:12:36,880 Speaker 2: out there that will give you the money to invest 231 00:12:37,200 --> 00:12:42,560 Speaker 2: in buying fixing flips or real estate properties, and people 232 00:12:42,600 --> 00:12:45,960 Speaker 2: don't have to use their own money. So my masterclass 233 00:12:46,000 --> 00:12:47,040 Speaker 2: goes through all of that. 234 00:12:47,679 --> 00:12:51,160 Speaker 1: Okay, we're talking to turning in Claire Guyan. Claire, by 235 00:12:51,200 --> 00:12:55,400 Speaker 1: the way, I've met her on a previous interview and 236 00:12:55,480 --> 00:12:57,640 Speaker 1: she blew me or blew me away with the information 237 00:12:57,679 --> 00:13:00,920 Speaker 1: that I'm hearing again and being educ hated again about 238 00:13:00,920 --> 00:13:05,360 Speaker 1: the process. Not the only problem. Else why I called 239 00:13:05,400 --> 00:13:08,760 Speaker 1: her because I'm probably missing out on some investment opportunities. 240 00:13:09,040 --> 00:13:11,960 Speaker 1: So is there a good time of the year to invest, 241 00:13:12,040 --> 00:13:13,960 Speaker 1: like in the winter time, Is there a slow period 242 00:13:14,040 --> 00:13:16,400 Speaker 1: or the summertime or do you wait for the interest 243 00:13:16,440 --> 00:13:19,240 Speaker 1: to go down? Because you mentioned the stock market that 244 00:13:19,400 --> 00:13:22,760 Speaker 1: is not as unstable as the stock market, are there 245 00:13:22,760 --> 00:13:25,760 Speaker 1: periods that you should really look out there and is 246 00:13:25,840 --> 00:13:27,559 Speaker 1: very competitive talk to us about that. 247 00:13:29,200 --> 00:13:32,680 Speaker 2: No, there really aren't any periods that are better to 248 00:13:32,760 --> 00:13:36,680 Speaker 2: invest throughout the year than others. You just kind of 249 00:13:36,720 --> 00:13:39,680 Speaker 2: have to if you're for instance, if you're looking to 250 00:13:39,720 --> 00:13:44,320 Speaker 2: purchase foreclosures, you just have to kind of you know, 251 00:13:44,440 --> 00:13:46,680 Speaker 2: check the list for the county where you want to 252 00:13:46,720 --> 00:13:51,520 Speaker 2: invest in. And this I practice solely in Georgia, but 253 00:13:52,200 --> 00:13:55,160 Speaker 2: you can do this in any state. Really every state 254 00:13:55,240 --> 00:13:58,320 Speaker 2: has a similar process. So you can check the list 255 00:13:58,559 --> 00:14:00,960 Speaker 2: in the county where you want to purchase estate, see 256 00:14:01,000 --> 00:14:04,520 Speaker 2: what's going up for auction for foreclosure option for that month, 257 00:14:05,080 --> 00:14:10,200 Speaker 2: and go ahead and do your pre investigation, which is 258 00:14:10,320 --> 00:14:12,959 Speaker 2: kind of what my firm also helps out with. We 259 00:14:13,120 --> 00:14:16,000 Speaker 2: lose title searches for review title to see if there's 260 00:14:16,080 --> 00:14:21,080 Speaker 2: any issue before you bid on the property. So then 261 00:14:21,280 --> 00:14:24,000 Speaker 2: once you bid on the foreclosure, if it's a tax 262 00:14:24,080 --> 00:14:26,960 Speaker 2: the foreclosure, for instance, then you're only going to come 263 00:14:27,000 --> 00:14:31,440 Speaker 2: to us for foreclosing that right to redeem because the 264 00:14:31,480 --> 00:14:34,600 Speaker 2: previous owner does have a year to come back and 265 00:14:34,640 --> 00:14:37,360 Speaker 2: redeem the property from you. That's how a lot of 266 00:14:37,360 --> 00:14:40,400 Speaker 2: investors make money because when they come back to redeem 267 00:14:40,400 --> 00:14:42,360 Speaker 2: the property, they have to pay the interest and fees. 268 00:14:42,680 --> 00:14:42,920 Speaker 1: Wow. 269 00:14:44,400 --> 00:14:47,040 Speaker 2: Or you keep the property, so it's a win win 270 00:14:47,120 --> 00:14:49,800 Speaker 2: situation either way after you've bid on it, or you 271 00:14:49,880 --> 00:14:52,080 Speaker 2: keep the property, they never come back and then you 272 00:14:52,120 --> 00:14:55,440 Speaker 2: can take it and fix it up if it needs 273 00:14:55,480 --> 00:14:58,160 Speaker 2: to be fixed up, and rent it out. That with that, 274 00:14:58,240 --> 00:15:00,320 Speaker 2: now you do want to come to me to get 275 00:15:00,320 --> 00:15:04,480 Speaker 2: the quiet title action completed because you don't only have 276 00:15:04,640 --> 00:15:09,280 Speaker 2: clear title because you brought it on foreclosure until you 277 00:15:09,320 --> 00:15:11,120 Speaker 2: go through the quiet title process in court. 278 00:15:11,560 --> 00:15:11,800 Speaker 3: Wow. 279 00:15:12,800 --> 00:15:15,520 Speaker 1: You're hearing it on Money Making Conversations Master Class. We 280 00:15:15,560 --> 00:15:19,640 Speaker 1: are talking money Making Conversation with Attorney Diane Clair. When 281 00:15:19,680 --> 00:15:21,800 Speaker 1: we come back, we're gonna talk about wheels and probate. 282 00:15:22,240 --> 00:15:24,960 Speaker 1: And that's another fascinating part of the industry that people 283 00:15:25,400 --> 00:15:29,200 Speaker 1: are not hearing the need to have a will again googling, 284 00:15:29,520 --> 00:15:32,720 Speaker 1: going online with AI trying to do their wills. We're 285 00:15:32,720 --> 00:15:35,520 Speaker 1: talking to Tony Diane Clair. She gonna set the records straight. 286 00:15:35,680 --> 00:15:38,840 Speaker 3: Please don't go anywhere. We'll be right back with more 287 00:15:38,920 --> 00:15:49,360 Speaker 3: Money Making Conversations Masterclass. Welcome back to the Money Making 288 00:15:49,400 --> 00:15:55,160 Speaker 3: Conversations Masterclass hosted by Rashaan McDonald. Money Making Conversations masterclass 289 00:15:55,200 --> 00:15:59,720 Speaker 3: continues online at Moneymakingconversations dot com and follow money Making 290 00:15:59,760 --> 00:16:03,440 Speaker 3: Comversation's master class on Facebook, Twitter, and Instagram. 291 00:16:03,680 --> 00:16:05,600 Speaker 1: Did you hear a lot of times your commercials about 292 00:16:05,600 --> 00:16:07,920 Speaker 1: real estate investment? You talk about flipping home, you talk 293 00:16:07,960 --> 00:16:09,720 Speaker 1: about where do you go? How could you be a 294 00:16:09,760 --> 00:16:13,520 Speaker 1: part of that world? And I'm on the call? Is 295 00:16:13,640 --> 00:16:17,200 Speaker 1: attorney dying Claire? And she got her bachelor's degree from 296 00:16:17,240 --> 00:16:21,120 Speaker 1: Georgia State University and her Juris Doctor degree from FAM. 297 00:16:21,200 --> 00:16:24,960 Speaker 1: You she's a rattler out of a HPCU grab and 298 00:16:25,040 --> 00:16:28,600 Speaker 1: she also teaches real estate law at Kennessas State and 299 00:16:28,640 --> 00:16:31,360 Speaker 1: she has a master a program that's if you want 300 00:16:31,400 --> 00:16:33,720 Speaker 1: to get into real estate investment. But now we want 301 00:16:33,760 --> 00:16:36,000 Speaker 1: to make a shift here and this in regards to 302 00:16:36,440 --> 00:16:39,040 Speaker 1: you making this money, how do you protect it? How 303 00:16:39,080 --> 00:16:42,760 Speaker 1: do you keep it? Especially when you die? So I'm 304 00:16:42,760 --> 00:16:45,520 Speaker 1: gonna ask you this question, Attorney Claire. What's the best 305 00:16:45,640 --> 00:16:49,080 Speaker 1: estate planning instrument? A will or trust? 306 00:16:50,600 --> 00:16:54,160 Speaker 2: In my opinion, the best estate planning instrument is always 307 00:16:54,200 --> 00:16:57,200 Speaker 2: going to be a trust, either or a vocable trust or 308 00:16:57,200 --> 00:16:58,160 Speaker 2: aravocable trust. 309 00:16:59,000 --> 00:17:01,480 Speaker 1: And what's the difference between mean, because I've heard the 310 00:17:01,520 --> 00:17:05,400 Speaker 1: word irrevocable and revocable, what's the difference between those two 311 00:17:05,480 --> 00:17:07,439 Speaker 1: versions of a trust. 312 00:17:08,080 --> 00:17:11,119 Speaker 2: So a revocable trust can be changed and can be modified, 313 00:17:11,160 --> 00:17:15,399 Speaker 2: it can be amended. An irrevocable trust, on the other hand, 314 00:17:15,600 --> 00:17:19,320 Speaker 2: cannot be amended, revoked, or canceled by the person that's 315 00:17:19,359 --> 00:17:24,600 Speaker 2: creating it. For those reasons, it presents the best tax 316 00:17:25,480 --> 00:17:30,280 Speaker 2: benefits because the government or the irs kind of sees 317 00:17:30,320 --> 00:17:34,680 Speaker 2: as you already are giving that asset or that money 318 00:17:34,720 --> 00:17:38,000 Speaker 2: away to a beneficiary, and so for that reason, you 319 00:17:38,040 --> 00:17:41,960 Speaker 2: pay less taxes on it. That's why I always recommend 320 00:17:42,000 --> 00:17:44,760 Speaker 2: for my clients, especially if you're trying to pass on 321 00:17:45,400 --> 00:17:48,119 Speaker 2: generational wealth, to get an irrevocable trust. 322 00:17:48,440 --> 00:17:52,240 Speaker 1: Okay, now we all hear the word will, will, will, will, 323 00:17:52,320 --> 00:17:54,680 Speaker 1: But then you just said the word trust. What exactly 324 00:17:54,760 --> 00:17:55,240 Speaker 1: is a will? 325 00:17:55,320 --> 00:18:01,320 Speaker 2: Then? A will is just a document that tells your executor, 326 00:18:01,400 --> 00:18:04,840 Speaker 2: who are representative of your estate, how to distribute your state, 327 00:18:04,920 --> 00:18:08,919 Speaker 2: who gets what. A will doesn't become effective though until 328 00:18:08,920 --> 00:18:12,080 Speaker 2: after you pass. A trust, on the other hand, can 329 00:18:12,119 --> 00:18:16,119 Speaker 2: be a living trust, which means you're using it and 330 00:18:16,160 --> 00:18:19,320 Speaker 2: putting assets into it while you're still alive. 331 00:18:20,640 --> 00:18:23,439 Speaker 1: Now, this is really getting complicated in the sense of 332 00:18:24,119 --> 00:18:26,480 Speaker 1: there are people out there who might go, I don't 333 00:18:26,480 --> 00:18:29,919 Speaker 1: need that while worry about that. I'm still young. I 334 00:18:29,960 --> 00:18:31,760 Speaker 1: don't need a will, I don't need let alone or 335 00:18:31,800 --> 00:18:37,000 Speaker 1: trust because of the complications of it and what happens 336 00:18:37,000 --> 00:18:39,640 Speaker 1: if you don't do that. Are there examples you can 337 00:18:39,680 --> 00:18:43,200 Speaker 1: tell us of real life or famous or just everyday 338 00:18:43,240 --> 00:18:46,520 Speaker 1: life stories that you've been involved in or that you're 339 00:18:46,520 --> 00:18:50,120 Speaker 1: aware of that you should tell us as a warning signs. 340 00:18:51,720 --> 00:18:55,960 Speaker 2: So let me give you some statisticate numbers. Sixty percent 341 00:18:56,000 --> 00:19:00,199 Speaker 2: of Americans don't have an estate plan right now. They 342 00:19:00,200 --> 00:19:03,879 Speaker 2: don't have an estate plan. That percentage goes up to 343 00:19:03,920 --> 00:19:08,240 Speaker 2: seventy percent when it comes to minorities in America. So 344 00:19:08,520 --> 00:19:12,720 Speaker 2: the minority community are not the ones passing down wealth. 345 00:19:13,280 --> 00:19:16,400 Speaker 2: And this is not a money thing because there's rich 346 00:19:16,440 --> 00:19:19,359 Speaker 2: and famous people who don't have estate plans. It's an 347 00:19:19,520 --> 00:19:22,560 Speaker 2: education thing. So my mission, part of my mission with 348 00:19:22,600 --> 00:19:25,000 Speaker 2: my law firm, has been to educate people about this 349 00:19:25,960 --> 00:19:28,400 Speaker 2: and get them an estate plan. For instance, you have 350 00:19:29,240 --> 00:19:32,439 Speaker 2: Chadterwick bosemen who die without an estate plan. You have 351 00:19:32,560 --> 00:19:36,119 Speaker 2: prints you know who die without an estate plan or 352 00:19:36,200 --> 00:19:40,800 Speaker 2: Retha Franklin, all famous people who have tons of money 353 00:19:40,880 --> 00:19:47,320 Speaker 2: and now their families are fighting over their assets in 354 00:19:47,400 --> 00:19:50,120 Speaker 2: court because they did not have a proper estate plan 355 00:19:50,160 --> 00:19:50,560 Speaker 2: in place. 356 00:19:52,640 --> 00:19:58,200 Speaker 1: So this is not a will now if it if 357 00:19:58,200 --> 00:19:59,679 Speaker 1: they had a will, I'm going to ask you, this 358 00:20:00,119 --> 00:20:03,840 Speaker 1: be fighting because you go versus the state plan. So 359 00:20:04,119 --> 00:20:06,960 Speaker 1: if you have a will, people could still fight over 360 00:20:07,000 --> 00:20:11,840 Speaker 1: the what has been said designated as this person gets this, 361 00:20:11,840 --> 00:20:13,639 Speaker 1: this person gets this, this person gets this. 362 00:20:15,040 --> 00:20:17,800 Speaker 2: No a will, they will not be fighting over if 363 00:20:17,840 --> 00:20:20,160 Speaker 2: they at least had a will. A will the basic 364 00:20:21,160 --> 00:20:23,000 Speaker 2: the ground for what you at least want to have 365 00:20:23,080 --> 00:20:26,680 Speaker 2: in place when it comes to your estate plan. The difference, 366 00:20:26,920 --> 00:20:29,919 Speaker 2: the major difference is that the will still has to 367 00:20:29,960 --> 00:20:34,080 Speaker 2: be submitted to the probate court, so your probate in 368 00:20:34,119 --> 00:20:36,680 Speaker 2: your state, your state is still going to go through probate, 369 00:20:37,320 --> 00:20:42,480 Speaker 2: whereas if you had to trust, trust or not governed 370 00:20:42,480 --> 00:20:45,040 Speaker 2: by the probate court in any state, so they don't 371 00:20:45,040 --> 00:20:47,080 Speaker 2: go through probate at all, they don't go through court 372 00:20:47,119 --> 00:20:49,560 Speaker 2: at all. So that's just the difference. But a will, 373 00:20:49,600 --> 00:20:51,960 Speaker 2: you can still have a will and that will at 374 00:20:52,080 --> 00:20:56,360 Speaker 2: least protect your assets and your estate. In some way now. 375 00:20:56,320 --> 00:21:00,439 Speaker 1: Because it's called this interview is all about protection, legends, gentlemen, 376 00:21:00,480 --> 00:21:03,760 Speaker 1: and protection sometimes means that you have to spend a 377 00:21:03,760 --> 00:21:06,920 Speaker 1: little money to meet with the right people and sit 378 00:21:07,000 --> 00:21:09,600 Speaker 1: down with them. And one thing that I wanted to 379 00:21:09,600 --> 00:21:11,879 Speaker 1: make sure that people understand was the value of a 380 00:21:11,920 --> 00:21:15,840 Speaker 1: real estate purchase agreement because people are out there trying 381 00:21:15,880 --> 00:21:20,639 Speaker 1: to do real estate purchase agreement without proper representation. If 382 00:21:20,680 --> 00:21:24,240 Speaker 1: you can tell people some of the negatives that can 383 00:21:24,280 --> 00:21:27,880 Speaker 1: happen without having proper representation Attorney Claire. 384 00:21:30,200 --> 00:21:34,720 Speaker 2: So, yes, you want to make sure if you're especially 385 00:21:34,720 --> 00:21:37,480 Speaker 2: if you're investing in real estate on a regular basis, 386 00:21:37,640 --> 00:21:39,399 Speaker 2: you want to make sure you have an attorney on 387 00:21:39,440 --> 00:21:42,560 Speaker 2: your team to review your real estate purchase and sell agreements. 388 00:21:42,880 --> 00:21:45,720 Speaker 2: You want to make sure that the agreement and the 389 00:21:45,760 --> 00:21:50,919 Speaker 2: transaction completely is beneficial to you. And that's what we 390 00:21:50,960 --> 00:21:53,960 Speaker 2: do here at the Claire Firm. We help our clients. 391 00:21:54,040 --> 00:21:56,399 Speaker 2: We make sure that the real estate transaction is best 392 00:21:56,400 --> 00:21:59,280 Speaker 2: for them. We review the real estate purchase and sell 393 00:21:59,320 --> 00:22:02,560 Speaker 2: agreement and we make sure everything's sound and done correctly. 394 00:22:03,240 --> 00:22:05,680 Speaker 1: And that's key right there, done correctly. There's a couple 395 00:22:05,680 --> 00:22:07,520 Speaker 1: of tax questions. I'm going to ask you as we 396 00:22:07,600 --> 00:22:11,280 Speaker 1: close out the show here, what are the wealth transfer 397 00:22:11,320 --> 00:22:13,080 Speaker 1: and tax benefits for a trust. 398 00:22:16,119 --> 00:22:23,040 Speaker 2: They're significant because and this is this is if typically 399 00:22:23,080 --> 00:22:28,400 Speaker 2: if you have an araboclobal trust, because your beneficiaries can 400 00:22:28,400 --> 00:22:31,320 Speaker 2: get paid out what's called gifts, and those gifts are 401 00:22:31,359 --> 00:22:36,000 Speaker 2: not taxed according to the IRS, so they can get 402 00:22:36,000 --> 00:22:42,480 Speaker 2: a gift for education. So instead of paying tuition directly 403 00:22:42,720 --> 00:22:46,679 Speaker 2: to Clark Atlanta, for instance, you can have a trust 404 00:22:46,680 --> 00:22:50,120 Speaker 2: fund kid and the trust can pay that gift out 405 00:22:50,240 --> 00:22:54,560 Speaker 2: to Clark Atlanta for their tuition and they receive that 406 00:22:54,680 --> 00:22:58,399 Speaker 2: money tax free because it's a gift from the state. 407 00:23:00,119 --> 00:23:03,639 Speaker 2: And when I say a state doesn't mean you've passed away. 408 00:23:04,080 --> 00:23:07,240 Speaker 2: Your trust can still be active while you're alive and 409 00:23:07,320 --> 00:23:11,320 Speaker 2: pay out to your beneficiaries. So that's just one example 410 00:23:11,560 --> 00:23:17,359 Speaker 2: of how you can really get the help you want 411 00:23:17,640 --> 00:23:18,680 Speaker 2: with a trust in place. 412 00:23:19,000 --> 00:23:22,080 Speaker 1: I know that it's all about protecting your assets. So 413 00:23:22,119 --> 00:23:25,080 Speaker 1: a trust can't protect your assets because I'm just really 414 00:23:25,880 --> 00:23:28,560 Speaker 1: just getting educated here, because I've always heard about a will, 415 00:23:28,720 --> 00:23:33,480 Speaker 1: I've read about a trust. So a will distributes your assets, 416 00:23:34,000 --> 00:23:36,160 Speaker 1: but a trust can protect your assets. 417 00:23:37,000 --> 00:23:39,560 Speaker 2: A trust can protect your assets as well because they're 418 00:23:39,560 --> 00:23:42,200 Speaker 2: owned by the trust. So instead of being owned by 419 00:23:42,240 --> 00:23:46,080 Speaker 2: you or your business, the trust is the owner and 420 00:23:46,160 --> 00:23:51,080 Speaker 2: so it's shielded from lawsuits or you know, other people 421 00:23:51,080 --> 00:23:53,400 Speaker 2: that may be trying to come after your assets. 422 00:23:53,840 --> 00:23:56,480 Speaker 1: So we talked about wet jeury in your trust. We 423 00:23:56,560 --> 00:23:59,399 Speaker 1: talk about cars, you talk about houses, we talk about lands, 424 00:23:59,400 --> 00:24:03,680 Speaker 1: we talk about CDs. Accounts can be checking accounts or 425 00:24:03,720 --> 00:24:06,320 Speaker 1: savings accounts, be part of a trust, that's what we're 426 00:24:06,359 --> 00:24:07,320 Speaker 1: talking about right. 427 00:24:07,960 --> 00:24:11,920 Speaker 2: Absolutely, Because the trust has its own EI in number. 428 00:24:12,040 --> 00:24:15,600 Speaker 2: It's like its own Social Security number. So you can 429 00:24:15,640 --> 00:24:17,560 Speaker 2: open up a bank account in the name of the 430 00:24:17,640 --> 00:24:20,280 Speaker 2: trust and have your assets in there instead of it 431 00:24:20,359 --> 00:24:24,119 Speaker 2: being in your own name. And that is what's advised. 432 00:24:24,160 --> 00:24:27,000 Speaker 2: That's why I advise my clients to don't have anything 433 00:24:27,040 --> 00:24:29,560 Speaker 2: in your own name, have it in the name of 434 00:24:29,600 --> 00:24:32,280 Speaker 2: the trust or in the business, and you can actually 435 00:24:32,320 --> 00:24:34,080 Speaker 2: put your business inside the trust too. 436 00:24:34,920 --> 00:24:36,960 Speaker 1: Wow. Now let me ask you this about it. As 437 00:24:37,000 --> 00:24:39,520 Speaker 1: we go through this, Attorney Claire, we talked about real 438 00:24:39,600 --> 00:24:41,840 Speaker 1: estate law, we talked about the state planning and promate 439 00:24:42,160 --> 00:24:45,879 Speaker 1: business and contract law. As we go through this whole process, 440 00:24:46,080 --> 00:24:49,679 Speaker 1: you mentioned that you have a Class A course. Let 441 00:24:49,800 --> 00:24:52,440 Speaker 1: us know what that course he is about real estate investment. 442 00:24:52,680 --> 00:24:54,320 Speaker 1: Let us know how we can where we can go 443 00:24:54,760 --> 00:24:59,200 Speaker 1: to register for those courses if you're interested, Yes, so you. 444 00:24:59,160 --> 00:25:02,400 Speaker 2: Can purchase the or is on my website, Theclarefirm dot 445 00:25:02,440 --> 00:25:06,320 Speaker 2: com and that's th che C L A I R 446 00:25:06,480 --> 00:25:10,520 Speaker 2: F I r M dot com. That course comes with 447 00:25:11,080 --> 00:25:14,120 Speaker 2: the video, the recorded course that I did live, as 448 00:25:14,160 --> 00:25:17,920 Speaker 2: well as the PowerPoint and the references to the lenders 449 00:25:18,119 --> 00:25:20,600 Speaker 2: that will assist you with lending you money to start 450 00:25:20,600 --> 00:25:24,359 Speaker 2: your real estate investment company. Also, you can visit my 451 00:25:24,400 --> 00:25:27,040 Speaker 2: website to just book a consultation with me. It doesn't 452 00:25:27,080 --> 00:25:29,800 Speaker 2: necessarily have to be about real estate, but you can 453 00:25:29,800 --> 00:25:32,879 Speaker 2: also book consultation with me on real estate or estate 454 00:25:32,920 --> 00:25:37,200 Speaker 2: planning and getting your affairs in order right on my website. 455 00:25:37,840 --> 00:25:41,520 Speaker 1: And that means that if I'm interested in investing learning 456 00:25:41,520 --> 00:25:44,719 Speaker 1: about investing, I can book a consultation with you and 457 00:25:44,800 --> 00:25:48,520 Speaker 1: get one on one conversations like we're having right now 458 00:25:48,800 --> 00:25:51,000 Speaker 1: and educate myself if it comes with the feed. Now, 459 00:25:51,080 --> 00:25:54,960 Speaker 1: Ladies and gentlemen, nothing free information you're paying for, but 460 00:25:55,080 --> 00:25:58,360 Speaker 1: information that can change your life. Again, Attorney Claire, thank 461 00:25:58,400 --> 00:26:00,959 Speaker 1: you for taking the time You've educated me Again Hopefully 462 00:26:01,000 --> 00:26:04,520 Speaker 1: my audience is excited about the prospects of investing in 463 00:26:04,600 --> 00:26:07,399 Speaker 1: real estate because there are opportunities out there that we 464 00:26:07,480 --> 00:26:10,879 Speaker 1: know nothing about, and people are making a pretty profitable 465 00:26:10,960 --> 00:26:14,240 Speaker 1: living because they are now understanding how they can with 466 00:26:14,359 --> 00:26:17,760 Speaker 1: a small amount of money getting the game of real estate. 467 00:26:17,920 --> 00:26:22,120 Speaker 1: Thank your attorney, you're welcome, and we'll talk to my friend. 468 00:26:22,320 --> 00:26:23,000 Speaker 1: I appreciate you. 469 00:26:23,880 --> 00:26:27,160 Speaker 4: This has been another edition of Money Making Conversation Masterclass 470 00:26:27,200 --> 00:26:30,359 Speaker 4: hosted by me Rashaun McDonald. Thank you to our guests 471 00:26:30,359 --> 00:26:32,920 Speaker 4: on the show today and thank you our listening to 472 00:26:32,920 --> 00:26:34,920 Speaker 4: the audience now. If you want to listen to any 473 00:26:34,960 --> 00:26:36,960 Speaker 4: episode I want to be a guest on the show, 474 00:26:37,240 --> 00:26:41,720 Speaker 4: visit Moneymakingconversations dot com. Our social media handle is money 475 00:26:41,720 --> 00:26:45,000 Speaker 4: Making Conversation. Join us next week and remember to always 476 00:26:45,080 --> 00:26:46,000 Speaker 4: leave with your gifts. 477 00:26:46,359 --> 00:26:46,919 Speaker 1: Keep winning.